Welcome to Roger's Economic Rant
Late June 2012 Economic Rant - Roger Mason
People are so sick of Obama's hope and change they are desperate, desperate enough to vote for Romney. Romney is just a white version of Obama. Massachusetts is the only state with forced government healthcare. Romney is a proven hard core, Big Government socialist. The fact Romney is more intelligent, more educated, better looking, more articulate, and more experienced, just makes him that much more DANGEROUS. Romney has made it abundantly clear he puts the welfare of Israel above that of America. He brags that he refers all his Mideast decisions to Bibi Netanyahu. Israel first, and America second. That means more endless evil wars in the Mideast, and nuclear war after that.
These are just the top four of the top twenty-five banks. Their derivative positions vastly outnumber their assets. The total GNP of America is only about $14 trillion dollars. These four banks alone hold $232 trillion in derivatives. There are far more worldwide derivatives than the entire WORLDWIDE GNP. This is prima facie insanity. We cannot even accurately define what a derivative is. They have never existed before. When (not if) these go south, the entire world economy will collapse. Compare the approximate $4.7 Trillion combined Assets of these four largest Banks with their approximate 2011 $232 Trillion Notional Derivatives Exposure. This is FIFTY times their assets! Now realize there are 21 other major, top banks doing the very same thing. This can only end in total worldwide economic disaster.
Remember the official lie is the National Debt is only about $16 trillion dollars, and each American "only" owes about $50,000 towards that debt. The real figure is more like $170 trillion dollars, and each American owes a half million dollars towards that debt.EACH AMERICAN OWES A HALF MILLION DOLLARS!!! Every man, woman, child, and infant owes a half million dollars towards the real National Debt. All debts get paid all the time every time, either by the buyer or the seller. There is no such thing as an "unpaid debt". Now can you see that the Much Greater Depression started decades ago, and is finally manifesting? This will be the worst event in world history by light years.
You'll notice the phony "conservative" radio and TV talk show hosts like Hannity, Limbaugh, Boortz, Savage, and Levin never tell you the real national debt, the real unemployment, the real inflation rate, or the real derivatives figures. They are too busy telling you the Taliban is going to kill you while you sleep, Romney is a conservative patriot, the Republicans will save you, Democrats are 180 degrees opposite of Republicans. The War on Terror is real, we need to vaporize Iran, we must attack Syria, and Israel is our best friend and ally.
Thanks to LMAObama.com for more very funny cartoons.
Lindsey Williams said to watch for the fall of Europe, and the end of the Euro for our warning. Europe will go first. Well, Europe and the Euro are about gone. This is ourwarning. Watch Europe. Keep watching Europe. America is going to collapse next. The Much Greater Depression will make the Great Depression look like a family picnic. QE3 has already started, but quietly and behind the scenes. Isn't it funny we call inflation "Quantatative Easing", and say it is a good thing? Inflation is theft, robbery, stealing your money. There is only one cause of inflation, and that is printing green toilet paper with no backing. Every time the Federal Reserve prints more green toilet paper, they steal your life savings. They steal your hard earned money you paid tax on. Inflation is theft. Now the media tells your inflation (Quantative Easing) is a good thing for our economy. The sheeple lap it up of course.
There is only one party in America, just like China, Russia, Cuba, and North Korea. You don't have a choice when you vote. Tweedle Dum or Tweedle Dee. Two sides of the same Republicrat coin. It doesn't matter who "wins" this Fall. The same puppet masters are behind the scenes pulling the strings. In reality, the leaderships of both fraudulent parties support essentially the same methodology, and that methodology could be summarized thus: Centralize everything, globalize everything, control everything, grow government power, reduce the effectiveness of the citizenry, turn the public against each other, rob them while they're distracted. If an American does not understand this dynamic and how it is used to dominate the ebb and flow of our culture, then that American knows nothing. He is lost...
Get ready for an attack on Syria. What happens in Syria is none of our business, and willnever be any of our business. The entire Mideast is none of our business. Our only business is America. Ron Paul is warning that we are planning an attack on Iran, just like we did with Libya. The problem is Russia has an important port in Tarsus, and has warned us to stay away from Syria. We do not want to fool with Russia. Both Russia and China have warned us collectively to stay away from Iran. Together, they will vaporize us. America wants to be the World Policeman, the World Bully, to tell everyone in the world what to do. This will just destroy us completely in the end, like such imperialist ambitions destroyed Rome 2,000 years ago. Our imperialist policy is much worse than that of Rome. History repeats. History is repeating right now the Fall of Rome.
Senator Marco Rubio (R-FL) may well be our next vice president. That way Romney would get the Latino vote, especially since they outnumber blacks. He is the worst kind of neocon, and not a real conservative at all. Rubio recently said, "We must prepare for a war with Iran". He actually said that Americans must prepare for war with Iran. Rubio is totally insane of course. We are still planning on attacking Iran, because Israel controls our entire Congress (except for Ron Paul). The problem is both Russia and China are trading partners and military allies with Iran. They will side with Iran. Russia and China will join together and obliterate us. All because Israel is too cowardly to fight their own wars, and Americans are stupid enough to fight their wars for them. Did you know Israel just bought three state-of-the-art German Dolphin nuclear submarines? They are waiting for six more. That is a total of nine nuclear submarines. Each one just chock full of nuclear missiles. All at your expense. That's right, the U.S. taxpayer pays for all the Israel military equipment. Israel gets more foreign aid by far than any other country. Why should they get a penny in aid? Germany paid for one of them though. That's how stupid the Germans are. They have the largest nuclear arsenal in the Mid-east, but Iran can't even have a nuclear electric facility. Stop and think about that. Israel has the largest nuclear arsenal in the Mideast and nuclear submarines, but Iran can't even have an electricity plant??? Iran is a member of the Nuclear Non-Proliferation Treaty, and gets regular inspections. Israel has never joined, nor beeninspected. As always, one rule for Israel, and one rule for everyone else. Do you see where this is leading? Total worldwide all out nuclear war down the road. Not far down the road at all.
Look at this five year chart of General Electric (GE). This is one of the most important basic, and fundamental companies on earth. It has fallen hopeless from $42 to $17, and was only $6 at one point in 2009. This is just one example of a very long list of major companies that are going broke. When huge, major, vital corporations like GE are going broke you can bet America is going broke along with them.
Raul Castro's (yes, the Cuban dictator) daughter Mariela has just endorsed Obama for President. A hardcore communist endorses Obama. Yet, half of Americans will vote for him in November whether he wins or loses. Remember that Romney actually is a greater threat than Obama.Don't kid yourself. Don't think anything is going to get better with Romney and Rubio running the show, because it is just going to get worse and worse. Obama is the first candidate in the history of America to campaign on the promise to raise taxes and institute Marxism. He has sworn to raise taxes and have more government control of every aspect of your life. This is his campaign platform folks.
Did you hear about the Farm Bill S 3240 on ABC, CBS, NBC, or Fox? Of course you didn't. This is another Marxist nightmare that will make food scarcer and more expensive. Lots of subsidies for scams like ethanol from corn. That means YOU pay the subsidy. This is another Big Government boondoggle that will help further ruin the standard of living in America. This will leave a lot more people hungry. Farmers need to be free of government red tape in order to grow crops, not get entangled in more red tape. This is a disaster folks and you haven't even heard about it. You never hear about these Marxist abominations that Congress passes every week. You're not meant to hear about them. Keep the sheeple in the dark about everything.
Now you can see just how much real inflation we've had in the last forty years. Gold was $35 until 1972, but that was an artificial price created by the government making it illegal to own gold. The REAL problems have started in the last ten years under Bush and Obama. Things weren't horrible until about 2002. This means the U.S. dollar has fallen over 80% since then. Why? There is only one cause of inflation, and that is printing unbacked green toilet paper. There is no other reason. Real money, backed by gold and silver can never lose a penny in value. Never. The Federal Reserve is the biggest financial scam in the history of the world. It is not federal and has no reserves. It is owned by twelve Zionist banks, not the government. (Google "who owns Federal Reserve.) Is has no reserves, except a lot of printing presses that run 24/7 printing green toilet paper. Ft. Knox is empty, and has been empty for over 50 years now. It has not been audited in five decades. It's empty. If that shocks you, just Google "Ft. Knox is empty" and you'll see endless proof of this. The world reserve currency is worthless, backed by nothing, and has no value. Don't compare the U.S. dollar to the Euro, because both are worthless. All currencies on earth are toilet paper. This is why you have to buy all the silver you can at $28. Physical silver you hold in your hot little hands. No paper silver, no storage programs, No SLV, no unsafe deposit boxes, just bullion you hold.
This 50 year silver chart is going to change drastically. For the first time in the history of the world we are out of silver. We cannot possibly begin to supply it with the silver mines we currently have. Industrial use grows every day and you cannot substitute for it. Investment demand grows every day. Only silver and gold are real money.
It is important to understand the reason gold and silver prices are so low is due to the manipulation by the Big Banks like J.P. Morgan. These are known as the "commercials". They have huge net short futures positions on the COMEX. This gives them the leverage to cap prices. Right, they haven't done so well in the last 15 years have they? But they have kept the prices down and still are. Exactly what do they hold? They hold net short 155,000 gold contracts, which is 15.5 million ounces. The registered (available) gold in the COMEX is only 2.8 million ounces. Therefore they have 5.5 times paper gold versus the real physical gold. They just added a mind boggling 25,000 contracts this week (a 20% rise). This indicates gold prices are going down, and silver along with them.They hold 16,000 net short silver contracts which is 90 million ounces. The registered (available) silver in the COMEX is only 36 million ounces. Therefore, they have 2.5 times paper silver versus the real physical silver. This gives them the leverage to push silver prices down as well. The game isn't over folks. Expect further weakness in gold and silver as long as the commercials have these extreme positions. There is a good chance we are going to see lower metals prices in June and into July. However, we don't know if the COMEX really has 2.8 million ounces of available gold or 36 million ounces of available silver, as they are self audited. That is the same as no auditing at all. A lot of people believe the COMEX, like Ft. Knox, is almost empty. A lot of very informed people feel there is almost no gold or silver in the COMEX. If this is true, the prices are going to go a lot higher than you can believe.
Running out of physical silver is our savior. Please remember that. Every day we run out of silver, and mine supply cannot possibly even begin to keep up with demand. All manipulations end and end badly. The COMEX manipulation will end as we run out of silver and the commercials go broke trying to short the price. Then silver (and gold) will take off for Mars to refuel for the trip to Pluto. You will see $400 silver by the time the next president leaves office in 2016. Maybe a lot higher.
You now have your warning as of June 11. The BNI (Bank Network Investments) Bank in Italy just had a "bank holiday". This is the fourth largest Italian bank. People cannot get their own money. This is your warning. Look for more European bank holidays. First Europe, and then America. We will have bank holiday. Keep only a minimal amount of money in your checking account to pay bills and no more than that. Keep your silver at home. If you need green toilet paper you can sell your silver six days a week at any honest coin shop. Watch Europe. Right now Greece and Spain and the most vulnerable. Germany is the biggest fool in Europe for giving up their financial success first to East Germany and then to the European Union. Germany is going to dump the Euro and leave the union. Others will follow. You'll notice that Switzerland and the Scananavian countries never joined the union. You'll also notice some of the countries that did join did not give up their currency like Great Britain, Czech Republic, Poland, and Hungary. The One Worlders were using the European Union as a giant stepping stone towards their one world government, but it is failing badly and falling apart as we watch. Germany is going to leave and dump the Euro. They are tired of supporting everyone else
Here's proof the standard of living in American has gone to hell for the last 50 years. Remember back in the 1950s that the man of the family went to work and supported the whole family comfortably? Now women don't have a choice. You need two people working to support a family now. The average American lifestyle has been falling for a half century now. America used to be the Gold Standard of lifestyle and standard of living. America was the beacon to the world, despite it's weaknesses and faults. Now, we're just an evil neocon, militaristic, imperialist, marxist welfare police state falling apart at the seams. Remember that America is 236 years old (1776) now, and all societies fail after 200 years. It's over folks. Don't kid yourself. There isn't a square inch of freedom on the planet. One big Prison Planet now. Yes, this is End Times, but Jesus isn't coming back.
Barack Obama held up a photo of Trayvon Martin and said, "If I had a son, he would look like Trayvon". For once Obama is right. His son would look like this. This is the real Trayvon. He was 6'2" and a full 175 pounds of trained muscle when he died. He was on top of George Zimmerman beating his head into the sidewalk when he was shot in self defense. Why didn't People magazine print this one?
Let's review energy again quickly. We have oceans of oil in America that would easily last for over 100 years. We have oceans of natural gas that would also easily last over 100 years. We have enough uranium to generate electricity forever. Right, nuclear plants are not what we want, but they work. We have 1,000 years of coal in America. We could have $2 a gallon gasoline, diesel, and jet fuel from coal today with SASOL plants. "Our" government won't allow one SASOL plant. These is no energy shortage at all. We have a government problem, not an energy crisis. Wind power is a joke and has failed miserable everywhere. There is no wattage in sunlight. Biofuels cost more to make than you get back in energy. Biofuels don't even work in Brazil where they are made from plant waste (sugar cane bagasse). Obama has a war on coal. We get 70% of our electricity from coal. A war on coal is a war on the American people. That is exactly what they want- a war on the American people. Romney will continue all this if he wins.
See you in July folks. Buy all the silver you can. Store all the food, water, fuel, soap, ammunition, and everything else you need and prepare for the future.
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