By Michael Snyder
Something is different this time. This is the worst Ebola outbreak in recorded history, and this particular strain appears to be spreading much more easily than others have. So far, 1,323 people have been infected in the nations of Guinea, Liberia, Nigeria, and Sierra Leone. Of those 1,323 victims, a whopping 729 of them have died. But a number that is even more alarming was buried [...]
from Tru News, via Before Its News:
With Executive Order 13295 giving Barack Obama the ability to quarantine Americans for having a bad cough, Rick Wiles’ TruNews welcomes National Association of Former Border Patrol Officers’ President Zach Taylor, who tells Rick that asymmetric warfare is now being waged against the American people.
With Obama’s Center for Disease Control now insanely importing ebola into America, Wiles reminds us that ‘V the Guerrilla [...]
Argentina blames the US for its default.Unemployment unexpectedly rose to 6.2%. Older workers are taking jobs from the younger generation. Construction spending implodes. CDC is now designating quarantine areas. The Ebola outbreak could be what the central bankers need to to declare martial law, which would lead to the collapse of the economy. Ukraine and the US put out fake satellite images, the date and time stamp don’t match and [...]
The warning came from the head of the WHO Margaret Chan who said that the epidemic was moving faster than their efforts to control it.
She explained: ‘If the situation CONTINUES to deteriorate, the consequences can be catastrophic in terms of lost lives but also severe socio-economic disruption and a high risk of spread to other countries.
‘It is taking place in areas with fluid population movements over porous borders, and it [...]
By John Goss
Global Research, August 01, 2014
Since a United States-sponsored coup d’état removed Ukraine’s legitimately elected government and installed an ultra right-wing regime with Arseniy Yatsenyuk as the Prime Minister, Ukraine has been brought to its knees by a needless civil war and faith in the myth that ownership of dollars will make it a rich western country. Mr. Yatsenyuk and his entire cabinet resigned on July 24, 2014 because, ostensibly, they could [...]
US growth surges by 4 percent after frosty first quarter
U.S. GDP Dropped 2.9% In The First Quarter 2014, Down Sharply From Second Estimate
Stocks hit; first monthly drop in six for Dow, S&P 500
Five reasons why the market is seeing red
The middle class is 20 percent poorer than it was in 1984
People called the police to… I can’t even bring myself to type it. https://t.co/8M2pcORBkQ
— RB (@RBPundit) August 1, 2014
CDC urges all US residents to avoid nonessential travel to Liberia, Guinea, and Sierra Leone because of an unprecedented outbreak of Ebola.
CNBC’s Rick Santelli speaks to former ECB president Jean-Claude Trichet, about how major central banks are influencing the private sector and stocks, post financial crisis.
by David Stockman
During the last 64 months “buying the dips” has been a fabulously successful proposition. As shown in the sizzling graph of the NASDAQ 100 below, at it recent peak just under 4,000 this index of the high-growth, big cap non-financials stood at an astonishing 3.5X its March 2009 low. Moreover, during that 64 month period, there were but five minor market corrections—-the three largest reflecting just a 7-8% dip from the [...]
from Silver Doctors:
The world’s leading silver expert David Morgan joins The Doc & Eric Dubin this week to discuss:
The Fed tapers official QE another $10 billion- gold & silver whacked the day after the FOMC statement yet again
David breaks down gold and silver trading over the first half of 2014: Gold & Silver still base building a Major Bottom
Today’s AM fix was USD 1,284.50, EUR 959.16 and GBP 762.99 per ounce.
Yesterday’s AM fix was USD 1,295.00, EUR 966.92 and GBP 767.36 per ounce.
Gold fell $14.60 or 1.13% yesterday to $1,282.10/oz and silver slipped $0.25 or 1.21% to $20.37/oz.
Seasonal Gold – Gold’s Strongest Months Are August, September, November
Palladium was the only one of the major precious metals to rise in July, climbing 3.2% for its sixth month of [...]
Why The Fed Can’t See A Bubble In Equity Valuations
The Latin American Crisis was caused by massive amounts of government spending, leading to extreme deficits and high inflation.
“An economic contraction of 3.5 percent, annual inflation of 41 percent and a drop in consumption of 3.8 percent will be the indicators at the end of 2014 in the event of a default
Europe has just experienced the biggest sovereign default in history
by Charles Hugh-Smith
Waiting to sell is akin to ignoring the smoke and flames in the crowded theater and hesitating until somebody yells “fire!” to rush for the now-jammed exit.
The stock market is supposed to be a discounting mechanism that anticipates and prices in developments six months out. This discounting mechanism has been broken for so long that many participants seem to have forgotten how to do anything but buy the dips, [...]
The self-proclaimed founder of the POT Party, a pro-marijuana and anti-government group, claimed responsibility Thursday for last week’s American flag swipe on the Brooklyn Bridge, The Daily News reported.
The Rev. Bud Green reportedly called the paper and said the government is “trying to silence the people” and said it was only the increased security at the bridge that prevented another planned flag swipe.
Green told the paper he is a former [...]
Argentina has now defaulted. Moody’s cuts Bulgaria’s deposit rating. Unemployment claims rose unexpectedly. Job layoffs are soaring in 2014. India and Russia make a deal to bypass the dollar. Sanctions are starting to hurt Europe and US businesses. Ebola outbreak is getting worse and the CDC is at level 3. The majority of illegals are around 15-22 of age, prefect for working and going to war. UN reports there is [...]
Gaza war, now even the Pentagon is concerned about civilian deaths as allegations of Israel shelling a U.N. facility housing civilians were hit. Hamas vows to fight on and so does Israel. Hamas wants its borders opened, and Israel wants the rockets and tunnels shut down.
U.S. and EU sanctions increased this past week because of the crisis in Ukraine. The sanctions are tougher but leave some loopholes, such as the [...]
Stocks tumbled on Thursday, with benchmark indexes on track for their first monthly losses since January, as investors worried about Europe’s economy, an Argentine default and a jump in U.S. labor costs prompted concerns about corporate margins.
“We’re a worldwide economy, so the credit of one country effects other countries, and a lot of the bond holders were U.S. based,” said JJ Kinahan, chief strategist at TD Ameritrade.
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter
I need to disclose upfront that I’m biased: I’m a beer lover. And I live in beer-paradise, the crazy state of California. Kicking back with a brewski from a local craft brewer, of which we have over 450, can make even the Fed’s capers less aggravating. But soon that beer-induced smile on my face may dry up.
California’s enduring drought that has turned into [...]
From Chris Kimble via Yahoo! Finance:
CLICK ON CHART TO ENLARGE
“Triple Top” in this Value Index, followed by a break of support?
“It’s not the odds of an event coming true that are important… it’s the impact if it does!!!”
The odds may be low this is a triple top (nothing proven at this time)… yet if it is, the impact could [...]
Atlanta Hospital to Treat Ebola Patient…
The Atlanta Journal-Constitution
Emory University Hospital is expected to receive a patient infected with the deadly Ebola virus within the next several days, the university announced Thursday.
It’s unclear when exactly the patient will arrive, according to a statement from Emory. The Clifton Road hospital has a specially built isolation unit to treat patients exposed to certain serious infectious diseases. Set up in collaboration [...]
by Dave Hodges
The threats posed by a nuclear meltdown are catastrophic. What if the United States was facing 124 nuclear meltdowns, similar in scope to the meltdown at Fukushima, all at the same time?
Lessons Learned From Fukushima
Most aware Americans are cognizant of the fact that because of Fukushima, the fish of the earth are becoming inedible and the ocean currents as well as the prevailing ocean winds [...]
The Chicago purchasing managers index unexpectedly plunged to 52.6 in July from 62.6 in May.
Economists were expecting the index to climb to 63.0.
“A monthly fall of this magnitude has not been seen since October 2008 and left the Barometer at its lowest level since June 2013,” MNI Chicago said in its press release. “In spite of the sharp decline this month, feedback from purchasing managers was that they [...]
Pessimism is a useful prism through which to view the affairs of states. Their ambition to gain, retain, and project power is never sated.
Optimism, toward which Americans are generally inclined, leads to rash predictions of history’s ending in global consensus and the banishment of war. Such rosy views accompanied the end of the Cold War.
They were also much in evidence a century ago, on the eve of [...]
D.C. Cops Conducting FBI-Like Stings to Arrest People They Predetermine as ‘Bad Guys’
Pre-Crime Technology To Be Used In Washington D.C.
by Charles Hugh Smith
The Fed’s substitution of debt for income has only doomed the nation to a deeper, more painful realignment of real income and expenses.
The economic “recovery” has been based on a simple premise: debt can be substituted for income with no ill effects. As real household incomes have declined, the legitimate foundation of additional spending–more income–has eroded for the bottom 90%.
Even the ephemeral foundation of additional debt-based spending–the Fed’s [...]
The United States is preparing to sell the Iraqi government 5,000 Hellfire missiles through a proposed $700 million deal intended to equip Baghdad with additional power as militants from the Islamic State continue to wage a campaign across the region.
Stocks are down across Europe.
Britain’s FTSE is down 0.2%.
France’s CAC 40 is down 0.7%.
Germany’s DAX is down 1.0%.
Spain’s IBEX is down 1.6%.
This comes in the wake of new inflation and unemployment data.
Consumer prices in the euro zone climbed by just 0.4% year-over-year in July, the lowest rate in five years.
Meanwhile, the unemployment rate in the region slipped to 11.5% [...]
On Reality Asserts Itself, Mr. Flassbeck says the stock market bubble can burst at any moment because everybody knows there is no real growth behind it; then we are really in trouble as the whole effect of stabilization will disappear in one moment
By Michael Snyder
If the worst Ebola outbreak in recorded history reaches the United States, federal law permits “the apprehension and examination of any individual reasonably believed to be infected with a communicable disease”. These individuals can be “detained for such time and in such manner as may be reasonably necessary”. In other words, the federal government already has the authority to round people up against their will, take them to detention [...]
Italy’s unemployment is critical and getting worse. Portugal has plunged to 9 month lows. France’s housing industry just collapsed. ADP jobs missed expectations. Manipulated GDP 2nd Quarter number hits 4%, remove sub-prime borrowing and inventory hording the GDP is negative. FED continues to taper keeping up the illusion that the economy is recovering. Australia want to impose a tax to spy on its own people. NY is tracking peoples movements. [...]
July 30 (Bloomberg) — Argentina’s credit rating was cut to selective default by Standard & Poor’s as settlement talks with U.S. hedge funds led by Paul Singer’s Elliott Management continued past the country’s grace period. Bloomberg’s Trish Regan, Matt Miller and Mike McKee have more on “Street Smart.” (Source: Bloomberg)
by Dave Hodges
What will happen first? Will we fall under the specter of martial law and all that entails? Or, will we experience an economic collapse prior to martial law?
In the present state of affairs, it is very easy to focus on the invasion of America through our Southern border as the Fifth column insurgents make their way into the country in the form of [...]
In an interview with Bloomberg’s Betty Liu, former Federal Reserve Chair Dr. Alan Greenspan said the U.S. is “running out of buffer in economy,” “lacks fiscal resources,” and has “no way to find new revenues.”
Greenspan said equity markets will see a decline at some point after surging for the past several years, “The stock market has recovered so sharply for so long, you have to assume somewhere along the line [...]
Doctors fear Ebola victim Patrick Sawyer may have sparked a worldwide spread of the killer disease after being allowed on two flights while infected.
And tonight a desperate race was on to find dozens of passengers who flew on the same jets as the 40-year-old American.
British doctors and border officials have been warned to be on the lookout for people in the UK showing signs of the disease.
He had a stopover in Ghana [...]
Civil liberty groups criticise a new tracking device at Helsinki Airport that can monitor passengers’ footsteps, from arrival at the car park to take-off!
By Paul B. Farrell, MarketWatch
Horror master Stephen King’s “Under the Dome” is a vision of America’s future. Trapped in a massive bubble world warning us to wake up. Get into action. Forget today’s market gurus predicting 40% stock crashes. King’s “Dome” sees how our 21st century America has become a critical mass of bubbles of our own making, guaranteed to self-destruct, unless we listen to the warnings:
BY JOHN WARD
BERLIN/WASHINGTON RELATIONS IN CRISIS
As European citizens head for the August Beach fest, very few of them will be aware that the World may be on the brink of the biggest shift in global power scales since 1938. The reasons for this are various…but they are all, allegedly, giving Mutti Merkel pause for thought.
Last January I posted at some length about how Greece would default on [...]
BY JOHN WARD
Surface to air missile attack ruled out as calibre of cockpit bullet holes puts Ukraine pilots in the frame for MH17 murders
This is what a German pilot-cum-air technology expert Peter Haisenko has just published on the subject of the MH17 disaster (my emphases):
‘The misfortune of the Malaysian MH 017 is known to all. The flight
recorder is in England and is being evaluated. What can come of [...]
(VIDEO AT LINK)You will have to watch this video to see the concern on Dr. Sanjay Gupta’s face and to hear the concern in his words, as he grills the Director of the Center for Disease Control.In my opinion, judging from this video, Dr. Gupta does not believe these two patients should be coming to the US.Dr. Frieden makes light of the situation by saying “ebola can be stopped.” He [...]
Saudi King Abdullah bin Abdulaziz urged religious leaders on Friday to take a united stance against “terrorists” trying to “highjack” Islam and denounced the international community’s “indifference” to what he described were “war crimes” being committed in the Gaza Strip.
The Muslim world is “going through a historic and vulnerable phase,” the Saudi king said in a statement that was read live by a news anchor on [...]
So much for the “Russia is becoming increasingly isolated” meme that the West would like many to believe. As Russia continues to sign de-dollarization deals and trade agreements with its BRICS allies while pushing ahead with retaliatory actions against the US and Europe, it appears the ‘sanctioned’ friends of Putin are taking matters into their own hands. Billionaire oligarch Gennady Timchenko, among the first to be hit by [...]
from Neil Keenan:
On 11-23-2011, what was to become known as the Trillion Dollar Lawsuit was filed in the US District Court in Manhattan, New York. This action, along with the plaintiff, Neil F Keenan, would provide the catalyst in exposing to the American public gross criminal activities of the Zionist-controlled US government. As the lawsuit process progressed, it would reveal to the world the organized [...]