Tomorrow will be very interesting when the markets open. No-one is just quite sure what's going to happen...
Forum whore
Tomorrow will be very interesting when the markets open. No-one is just quite sure what's going to happen...
You don't get to be an old dog without learning a few tricks.
Shorai Powersports batteries are very trick!
Comfortably numb
Just finishing reading a book that gives some very interesting background on how the US financial markets work. The Big Short by Michael Lewis takes a bit of getting your head around ( I don't claim to have understood it fully) as it documents the predictable collapse of the sub-prime mortgage CDO market. From what I can see the present situation is just an extension of the same financial machine and as such is doomed to failure.
And on a related note a friend who spent 15 years plumbing in Southern California and sold up 8 years ago when for him the market crash was blindingly obvious. He now has an associate still in LA who has recently received a state tax refund from California in the form of an IOU, and no it can't be used as a credit against next years
Having a Zen moment...
Come warm yourself by the fire
Its also costing them more than national healthcare........Originally Posted by racefactory
Interesting fact I learnt a few weeks ago.
US spend more on equipping their military, than the rest of the world.......combined.
Reactor Online. Sensors Online. Weapons Online. All Systems Nominal.
Scooter boy
I hope this is not too long-winded but some may find this interesting. I did not write it or confirm the details but am familiar with some of the information.
"As many of you know Hitler took over Germany
Many of you do not realize Germany was much like modern day America
The fact is Stalin and Hitler followed the same steps that are remarkably close to whats going on in this once great free nation of America
1. Invoke a terrifying internal and external enemy
2. Create a gulag
3. Develop a thug caste
4. Set up an internal surveillance system
5. Harass citizens' groups
6. Engage in arbitrary detention and release
7. Target key individuals
8. Control the press
9. Dissent equals treason
10. Suspend the rule of law
For the last 25 years or so a series of astounding laws have been introduced which violate the civil rites of the American people.
The First mile stone was a bill called REX84
Rex 84, short for Readiness Exercise 1984, is a contingency plan developed by the United States federal government to suspend the United States Constitution, declare martial law, place military commanders in charge of state and local governments, and detain large numbers of American citizens who were deemed to be "national security threats", in the event that the President declared a "State of Domestic National Emergency". The plan stated that events that might cause such a declaration would be widespread U.S. opposition to a U.S. military invasion abroad, such as if the United States were to directly invade Central America. To combat what the government perceived as "subversive activities", the plan also authorized the military to direct ordered movements of civilian populations at state and regional levels.
That at the time was a slap in the face to the American people and most knew nothing about it. The plot thickens though
These executive orders where made without the oversight of checks and balances system due to the "War on terror" giving the president the authority to do so
EXECUTIVE ORDER 10990 allows the government to take over all modes of transportation and control of highways and seaports.
EXECUTIVE ORDER 10995 allows the government to seize and control the communication media.
EXECUTIVE ORDER 10997 allows the government to take over all electrical power, gas, petroleum, fuels and minerals.
EXECUTIVE ORDER 10998 allows the government to take over all food resources and farms.
EXECUTIVE ORDER 11000 allows the government to mobilize civilians into work brigades under government supervision.
EXECUTIVE ORDER 11001 allows the government to take over all health, education and welfare functions.
EXECUTIVE ORDER 11002 designates the Postmaster General to operate a national registration of all persons.
EXECUTIVE ORDER 11003 allows the government to take over all airports and aircraft, including commercial aircraft.
EXECUTIVE ORDER 11004 allows the Housing and Finance Authority to relocate communities, build new housing with public funds, designate areas to be abandoned, and establish new locations for populations.
EXECUTIVE ORDER 11005 allows the government to take over railroads, inland waterways and public storage facilities.
EXECUTIVE ORDER 11051 specifies the responsibility of the Office of Emergency Planning and gives authorization to put all Executive Orders into effect in times of increased international tensions and economic or financial crisis.
EXECUTIVE ORDER 11310 grants authority to the Department of Justice to enforce the plans set out in Executive Orders, to institute industrial support, to establish judicial and legislative liaison, to control all aliens, to operate penal and correctional institutions, and to advise and assist the President.
EXECUTIVE ORDER 11049 assigns emergency preparedness function to federal departments and agencies, consolidating 21 operative Executive Orders issued over a fifteen year period.
EXECUTIVE ORDER 11921 allows the Federal Emergency Preparedness Agency to develop plans to establish control over the mechanisms of production and distribution, of energy sources, wages, salaries, credit and the flow of money in U.S. financial institution in any undefined national emergency. It also provides that when a state of emergency is declared by the President, Congress cannot review the action for six months.
EXECUTIVE ORDER 12148 created the Federal Emergency Management Agency (FEMA) that is to interface with the Department of Defense for civil defense planning and funding. An "emergency czar" was appointed. FEMA has only spent about 6 percent of its budget on national emergencies, the bulk of their funding has been used for the construction of secret underground facilities to assure continuity of government in case of a major emergency, foreign or domestic.
EXECUTIVE ORDER 12656 appointed the National Security Council as the principal body that should consider emergency powers. This allows the government to increase domestic intelligence and surveillance of U.S. citizens and would restrict the freedom of movement within the United States and granted the government the right to isolate large groups of civilians. The National Guard could be federalized to seal all borders and take control of U.S. air space and all ports of entry. Many of the figures in the Iran-Contra scandal were part of this emergency contingent, including Marine Colonel Oliver North. "
Royal Enfield user
NZ is the first market to open ....this will be interesting
Stephen
"Look, Madame, where we live, look how we live ... look at the life we have...The Republic has forgotten us."
Scooter boy
Like Colonel Edward Mandell House said when he picked the first Federal Reserve Board in 1913.
"[Very] soon, every American will be required to register their biological property in a National system designed to keep track of the people and that will operate under the ancient system of pledging.
By such methodology, we can compel people to submit to our agenda, which will affect our security as a charge-back for our fiat paper currency. Every American will be forced to register or suffer not being able to work and earn a living.
They will be our chattel, and we will hold the security interest over them forever, by operation of the law merchant under the scheme of secured transactions. Americans, by unknowingly or unwittingly delivering the bills of lading to us will be rendered bankrupt and insolvent, forever to remain economic slaves through taxation, secured by their pledges.
They will be stripped of their rights and given a commercial value designed to make us a profit and they will be none the wiser, for not one man in a million could ever figure our plans and, if by accident one or two would figure it out, we have in our arsenal plausible deniability.
After all, this is the only logical way to fund government, by floating liens and debt to the registrants in the form of benefits and privileges. This will inevitably reap to us huge profits beyond our wildest expectations and leave every American a contributor to this fraud which we will call "Social Insurance."
Without realizing it, every American will insure us for any loss we may incur and in this manner; every American will unknowingly be our servant, however begrudgingly. The people will become helpless and without any hope for their redemption and, we will employ the high office of the President of our dummy corporation to foment this plot against America."
Just faidin away!
The controlling weapon of choice is of course "fear" based on ignorance! Case closed.
Forum whore
Of course one has to ensure the said "Big Brother" has the capacity for absolute unity and secrecy across the political spectrum in order for all this to work.
History shows the political parties and individuals are far more interested in their own agendas for their own political expediency and more interested in feathering their own nests. The parties are as divided as ever and most people are very quick to claim and expose complicity to discredit the powers that be and lend weight to their own agendas.
The bottom line is that the US is reaping what it has sown in reckless debt and spending beyond its means for decades. It was inevitable that this would occur and I've been saying so since the mid-eighties, much to the derision of others.
The EU is also in deep poo as if Italy defaults, there isn't enough funds to bail the country out which could very realistically cause a snowball effect throughout Europe. So the Euro is also under suspicion as to its stability.
The world is at the fiscal crossroads and faces a conundrum. All the major players have too much at stake and too much to lose to see the US collapse, yet the country is flat broke and unable to pay its debts. Count in the other to date unnoticed countries of the EU and you quickly realise that China, being the largest holder of US debt, is about the best bet to save the world's finances and if they have to bail the US out, you can bet they'll have some pretty severe terms!
Putin will be watching this with very keen interest!
You don't get to be an old dog without learning a few tricks.
Shorai Powersports batteries are very trick!
Comfortably numb
But China is definitely not without its financial issues at present
Scooter boy
Forum whore
True, which is one important reason why China is not very happy with the US right now. If the US falls over, it badly mucks up China's efforts to bring themselves up with the West. China has been investing squillions in growth but it's trying to go too far, too fast. Maybe we should be looking closer at India, which is politically and internationally at risk from civil unrest and terrorism, but financially is growing rapidly.But China is definitely not without its financial issues at present
You don't get to be an old dog without learning a few tricks.
Shorai Powersports batteries are very trick!
Jam and tarts....
That was an eye opening video thanks.
Alloy, stainless and Ti polishing.
Bling your bike out!
PM me
Forum whore
"The war of terror", cunningly disguised as "the war on terror" and a compliant media....The controlling weapon of choice is of course "fear" based on ignorance! Case closed.
“- He felt that his whole life was some kind of dream and he sometimes wondered whose it was and whether they were enjoying it.”
Forum whore
+1!...... and one makes 10...That was an eye opening video thanks.
You don't get to be an old dog without learning a few tricks.
Shorai Powersports batteries are very trick!
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