Monday, October 14, 2013

Fwd: FIGURES DON'T LIE



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Begin forwarded message:

From: "Joyce Dowling" <hdowling@pldi.net>
Date: October 14, 2013 9:41:06 PM CDT
Cc: "Anneva Sander" <anneva@pldi.net>, "Bobby Martin" <bobbygmartin1938@gmail.com>, "Carol or Robert Baird" <carbob@pldi.net>, <sbondkennedy@pldi.net>, "Donna Kreger" <ckreger@pldi.net>, "Fred and Twila" <fredandtwila@gmail.com>, "Helen Sheffer" <northwindhs@hotmail.com>, "Janet Mason" <janetjunebug2002@yahoo.com>, "John Schafer" <Jschafer.ebg@gmail.com>, "Johnnie Jones" <aaalandj@cox.net>, "keith and judy" <kjdlong@pldi.net>, "Larenda Mattocks" <lmattocks@mcloudschools.us>, "Linda Beymer" <2006obsssn@comcast.net>, "Linda McGahen" <lindamcgahen@pldi.net>, "Linda Stahlman" <linda@pstahlman.net>, "Lolly Shifflett" <lolly@pldi.net>, "Pat  Proffitt" <lpproffitt@pldi.net>, "Patti Sellers" <pjplace@pldi.net>, "Sander, Gary" <Gary.Sander@okdhs.org>, "Sharon Lacy" <s_lacy@live.com>, "Suzanne Chauncey" <suzannechauncey@yahoo.com>
Subject: FW: FIGURES DON'T LIE

 


From: Carolyn Pharis [mailto:Carolyn@bcls-cpa.com]
Sent: Monday, October 14, 2013 11:22 AM
Subject: FW: FIGURES DON'T LIE

 

 

              Friends,

              Here it is graphically illustrated what is happening to our beautiful country.

       NOW, you can decide who are the "bad guys" in this government shutdown/

              showdown.

         OBAMACARE is going to sink the ship folks.

.

.

 

 

I never saw this in such graphic form.

Proud moment if you're a socialist?

Why Work when living is free?

Can it sustain?

Outrageous, don't they take enough money from us already?

HOW CAN YOU HELP?

Send copies of this to at least two other people.
100 would be even better.

 

 

 

 

Wednesday, October 9, 2013

Fwd: Checkmate - Game Over



Sent from my iPad

Begin forwarded message:

From: Dr Sircus - IMVA <newsletter@drsircus.com>
Date: October 9, 2013 10:58:19 AM GMT-06:00
To: <Bobbygmartin1938@gmail.com>
Subject: Checkmate - Game Over
Reply-To: Dr Sircus - IMVA <newsletter@drsircus.com>

Trouble Reading This? - Read it on Dr Sircus' Website

Checkmate – Game Over

http://ftmdaily.com/wp-content/uploads/2013/10/us-capitol-2-rf.gif

Financial analyst Dr. Jim Willie says forget about the government shutdown and the debt ceiling. The Treasury market is the big problem. Dr. Willie says, "What's going on with the Treasury bond market right now is systems are breaking . . . they broke the interest rate swaps. They are not functioning anymore. . . . Foreigners are dumping Treasuries." The cost of insuring one-year U.S. bonds against default has quintupled since Sept. 23, according to data from Markit, a financial information company.

Translation – the Federal Reserve, the United States government and New York's biggest banks are boxed into a corner with a horde of financial vipers closing in on every side. What this means is that no matter what the congress and Obama decide its "game over". The problem is that everyone is going to join in on a selling spree of worthless paper only to find out that the paper is indeed worthless.

Who is going to buy the bonds that are now being dumped? Its only paper backed by the good faith of the United States, which unfortunately has not acted in good faith when in league with corrupt activities on Wall Street, which Washington made legal—a total betrayal of not only American people but also the peoples of the entire globe. What happens to the value of something when there are no buyers and only sellers?

Dr. Willie speculates about the meeting last week of all the big bankers at the White House saying, "I think it was an emergency meeting because they cannot successfully defend the dollar anymore, not fend off the big Treasury bond sales. Reversal in the Treasury bond market could be a deathblow for these zombie New York banks. These big banks are in danger of imploding. I do not think the Fed is going to taper its bond buying. I believe they are going to double it."

A U.S. government default will be an economic calamity like none the world has ever seen. Failure by the world's largest borrower to pay its debt — unprecedented in modern history — will devastate stock markets from Brazil to Zurich, halt a $5 trillion lending mechanism for investors who rely on Treasuries, blow up borrowing costs for billions of people and companies, ravage the dollar and throw the U.S. and world economies into a recession that probably would become a depression.

U.S. budgetary uncertainty is breeding a cloud of fear over global financial markets, the damage of increased risk to markets is already being sown. In such a climate of uncertainty, the psychological maelstrom of fear can build to create a herd-like response with everyone running for the exits at once.

"If they seriously default on the debt, what we're really talking about is a depression," says veteran financial sector analyst Richard Bove, VP of research at Rafferty Capital Markets. In a news video, he explains how the fallout would be a lot worse than the recession suffered in 2008 and the aftershocks would be felt for at least a decade.

The U.S. Treasury Department itself is worried reporting, "A default would be unprecedented and has the potential to be catastrophic: credit markets could freeze, the value of the dollar could plummet, U.S. interest rates could skyrocket, the negative spillovers could reverberate around the world, and there might be a financial crisis and recession that could echo the events of 2008 or worse."

Pathetic to have had to listen to the Federal Reserve hint about tapering when they have been under accelerating pressure to buy more because they are the only one left to buy the debt and fund (with funny money created out of thin air) the insane American budget. It is guns or butter after all (basic economics) meaning the United States just cannot afford all its aircraft carriers. The generals have miscalculated building a military establishment that the country nor the world can afford.

Already the situation is morphing quickly with market mechanisms threatening seizure. We keep hearing about the vulnerabilities of the Repo market and all markets dependent on the American dollar and specifically on the value of 10 year. treasury notes for value, all could be ripped asunder from one day to the next.

The winds have changed. Owners of United States treasury bonds are not feeling secure holding mountains of paper that are being threatened with a dramatic loss of value. A plunge in Treasuries would also devalue the dollar, which would instantly make everything we buy more expensive, and in turn destabilize countries and economies all over the world.

Political Rebellion

In America we see a potential rebellion taking place in the Republican Party, which could itself splinter in half if the most conservative elements are not heard. But let's assume the best case scenario. Next week they raise the debt limit. Then what?

The same thing is going to happen but perhaps a few weeks or months later! The inevitable has arrived. If they pass the bill to raise the ceiling who then is going to buy the bonds to pay for continued bloated spending? Investors and sovereign governments are selling bonds and then the Treasury will begin selling bonds if the ceiling is raised. Who is going to buy them?

When the Fed stands naked in full light seen for what it is and for what it now has to do there will be hell to pay. They have not invented the movie script to describe what will happen to the world's civilization when the dollar collapses. The American and entire first world and third world with it will be faced with a depression or outright collapse when nothing will work because currencies and banks will fail along with everything else.

"Now you've got not only the budget but the debt ceiling and time is running out and everybody knows it, including (the politicians)," said Terry Morris, senior vice president and senior equity manager for National Penn Investors Trust Company in Reading, Pennsylvania. "The longer this goes on, the more the uncertainty, the closer the deadline and the more nervous investors are going to be."

Conclusion

You can forget about any default in the debt-ceiling crisis.  Former Assistant Treasury Secretary Dr. Paul Craig Roberts says, "The debt ceiling will be raised.  No government wants to lose its power or lose its ability to borrow.  So, if they don't raise the debt ceiling, it is just a way of Washington committing hari-kari.  It simply removes the United States as a super power."  Dr. Roberts goes on to say, "If they don't make a deal, one of two things will happen. . . . The Federal Reserve, on its own authority, lends the Treasury the money. . . . The other alternative, Obama . . . can simply declare a national emergency and raise the debt ceiling on his own initiative.  He could govern as a dictator." What would happen if the U.S. did default?  Dr. Roberts says, "The danger of default is the rest of the world dumps dollars.  If they dump dollars, the Fed loses control, the whole system blows up.  The banks fail.  The bond market collapses.  The stock market won't go down 1,500 points; it would be cut in half. " No matter what happens, there is still an enormous and growing debt.  Dr. Roberts contends, "The situation is unsustainable."  It will blow up at some point, and Dr. Roberts predicts, "It will be worse than the Great Depression because in the Great Depression, prices fell along with employment.  Now, prices will be rising and employment would be falling. . . . Gold and silver prices will explode in dollar terms."

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Dr. Mark Sircus, Ac., OMD, DM (P)

Director International Medical Veritas Association
Doctor of Oriental and Pastoral Medicine
http://drsircus.com/

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Monday, October 7, 2013

Shift From U.S. Dollar As World Reserve Currency Underway - What Will This Mean for America? | munKNEE dot.com

http://www.munknee.com/shift-from-u-s-dollar-as-world-reserve-currency-underway-what-will-this-mean-for-america/


Sent from my iPad

Dollar

Why, How To Protect Yourself From The Collapse Of The Dollar

There are still people around who are wondering "if" or "when" the American dollar is going to collapse. But I can tell you that there is no if or when; the collapse of the U.S. dollar is happening right now. The depression it is causing is highly visible. The people are already in the streets: in the United States and around the world.

Poter Stansberry 

Sent from my iPad

Why, How To Protect Yourself From The Collapse Of The Dollar

There are still people around who are wondering "if" or "when" the American dollar is going to collapse. But I can tell you that there is no if or when; the collapse of the U.S. dollar is happening right now. The depression it is causing is highly visible. The people are already in the streets: in the United States and around the world.

Personal liberty.com. Pored Stansberry 

Sent from my iPad

Thursday, October 3, 2013

Affordable. Haha ----better read this & pass on


Passing this along................
This is a post from the Obamacare web page and not my actual experience:

"I actually made it through this morning at 8:00 A.M. I have a preexisting condition (Type 1 Diabetes) and my income base was 45K-55K annually I chose tier 2 "Silver Plan" and my monthly premiums came out to $597.00 with $13,988 yearly deductible!!! There is NO POSSIBLE way that I can afford this so I "opt-out" and chose to continue along with no insurance. I received an email tonight at 5:00 P.M. informing me that my fine would be $4,037 and could be attached to my yearly income tax return. Then you make it to the "REPERCUSSIONS PORTION" for "non-payment" of yearly fine. First, your drivers license will be suspended until paid, and if you go 24 consecutive months with "Non-Payment" and you happen to be a home owner, you will have a federal tax lien placed on your home. You can agree to give your bank information so that they can easy "Automatically withdraw" your "penalties" weekly, bi-weekly or monthly! This by no means is "Free" or even "Affordable."
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