Archive for March, 2014
March 20th, 2014 by Iliya
Preface: I'd like to use this post as an addendum to the Ukraine 101 article. So many times we see foreign interventions starting up revolutions. Ukraine during 2013, and into 2014 is no exception. There may be a large quantity of people who legitimately want change, but ultimately, somebody else is paying for it....and they expect a hefty return on their investment, no matter what befalls the people. -Travis
So the Russian revolution was planned and paid by hostile foreign powers, for no other purpose than economic colonization. That is what the newly released information shows, quite clearly.
Through the prism of this new insight, I am now seeing familiar, accepted and “boring” aspects of history in a totally new light.
In essence, I don’t believe that there can be such a thing as a revolution – an uprising of the people which succeeds in overthrowing an unpopular regime. I can only think of one event that possibly answers that description in four thousand years of recorded history.
Occasionally, rebels succeed in weakening an unpopular monarch, extracting some concessions or simply dying a more worthy death than their lives otherwise allowed. Very rarely did a rebellion result in a regime change – a coup precipitated by an inadequate response to the uprising or a foreign invasion. History records many events we know as rebellions. This is a populist uprising, possibly against a hostile foreign power – usually out of desperation, with little chance of an actual overthrow. The only likely outcome is a brutal suppression with reprisals – a major negative sum gain.
This is because a rebellion by the genuine population (as opposed to a faction of the ruling class backed by some of the armed forces) has very few chances of success. It’s a very unequal battle because the rebels lack the resources and the organization of the state. Forming such structures on the run is an unlikely recipe for success – the usual rule is that the government destroys the rebels first.
There is a high personal cost for participating in a rebellion. As one’s activities are usually well-known in the parish, the former rebel and his family has to run. Their fate is unenviable – migration to a frontier society, subsistence in a difficult terrain that is difficult to police, or life on the fringe of society as an outlaw or a mercenary.
For that reason most rebellions were little more than desperate riots that managed to form up into a military force capable of surviving a few initial engagements. Once the government forces were marshalled in earnest, the rebellion was doomed.
Such was the case in medieval Europe, where kings were not only entrenched in power, but also had the backing of the church. Most of them were safe from any anger of the common man, fearing only those who had a credible power base, such as relatives and military commanders.
Then came along the Reformation.
All of a sudden each nation in Western Europe had leaders with two mutually exclusive sources of legitimacy – Catholics and Protestants. For the next century the region was riven by brutal civil wars, which resulted in few compromises – most fights between the two confessions were to the death.
It was the first era when war could be waged by unconventional means. Instead of sending your own army to bleed and freeze in another country, you could support a side in a civil war. That opened vast new possibilities – very little money went a very long way. You only needed to pay a few provocateurs, smuggle arms and throw around a little money – a tiny percentage of what it would cost to keep a regular army yourself. The Russian revolutions of 1905 and 1917 only cost the German crown a few million marks – a pittance compared with the costs of fighting the Russian army.
Crucially, your state organization could be lent to the rebels of another nation, assisting them with major logistics (for instance, sea transport), expertise they could not attract to their cause (military advisers, for instance) and refuge in your own country – a more dangerous strategy, but one that worked well enough even in the twentieth century. All of a sudden a government fighting sponsored rebels was up against the resources of a fellow state, and that changed the equation entirely.
Furthermore, you could modulate your effort to suit the circumstances. You could feed the rebellion at full throttle, to a final victory. Or you could trickle the support, pleading a lack of resources, to result in a prolonged exsanguination of the entire target state. The worst example of this strategy is the Russian civil war of 1918-1923.
Not only that, but a rebellion may be multi-faction, and you may choose the faction(s) you support to suit your means. China did this in Cambodia for two decades preceding the takeover by the Khmer Rouge.
Returning to the turbulence of Reformation – it was not all it seems to us today, an act of righteous outrage against the corrupt Vatican. Strap on your seatbelts.
The Protestants received heavy support from… The Ottoman Empire. It was no mere fomenter of trouble, but a major ally – there was even a Franco-Ottoman treaty. Without Turkish help Charles V would have crushed the Lutherans. William of Orange openly sent for Turkish help. England took on Spain in alliance with Barbary states, and plans were made for a combined invasion of France by Huguenot and Ottoman forces.
The Turkish motive was transparent – Catholic Austria, Hungary and Spain blocked Turkish expansion, and the knights of St John wrought havoc on the Turkish side of the Mediterranean Sea. Of course, little imagination was required – Western Europeans heavily backed the Ottomans in the war against Byzantium. The object, yet again, was economic colonization of the Eastern Mediterranean.
Those who find it incredible that Trotsky was financed from Wall St and sent to Russia with a specific list of corporate orders should think back to the heady days of the Turkish advance – neither side hesitated to support the armies of a rival faith to meet short-term objectives. If Genoese sailors could transport Ottoman troops and teach them how to build ships, and Protestant stalwarts could accept assistance from Suleiman I to slaughter fellow Christians – Trotsky’s ideological differences with his banker uncle are surely just digressions of fashion.
I believe that this type of warfare gained widespread acceptance at Reformation. Every event known as a revolution in conventional textbooks needs to be re-examined in that light. Yes, there were always malcontents and the aggrieved on the ground – but who was really pulling the strings?
As usual, all one needs to do is follow the money. Who were the real beneficiaries of the bloody English Revolution? Was it really about Charles I, given that Charles II resumed most of his father’s obnoxious habits, or was it a simple property grab?
Was the French Revolution a spontaneous uprising of the oppressed, or was it carefully planned and financed from overseas – like the Decembrist mutiny in Russia? The Decembrists were heavily financed from Britain – this was freely confessed by the leader of the rebels. That leader was elected in advance, and he had a prepared manifesto. The Decembrists planned laws and other actions that were chillingly familiar to the students of the French Revolution. They picked a good moment – when the royal succession suffered a hiccup between two brothers. Only one man – the newly crowned Nicholas I – stood between them and the scenario of 1917. Nicholas I delivered on the oath to his nation. The rebellion was crushed.
The French and British revolutions need to be re-examined with a magnifying glass. Those two nations are the origin of the fiat system – financing economic growth with candy wrappers, redeemed at the expense of distant colonies or major advances in technology.
The very same system which is now destroying the Western civilization. How that disease was introduced into those two nations is how we, today, are being undone.
This form of fighting needs to be viewed as a kind of biological warfare. It needs to be banned and severely punished. Handing out pounds and dollars to passers-by for participation in a street protest against Putin needs to attract retribution a la McCarthy – a process which America failed to follow through, leading to a resurgence of its fifth column in 1960’s. There should not have been an Alinsky or a Frank Davis – at the very least, they should have been driven insane by constant surveillance. Politics on foreign money should be a total anathema.
Like biological warfare, fomenting revolutions is a double-edged sword. The British socialist victory of 1945, an event from which Britain had never recovered, was a result of a concerted Soviet effort of the preceding two decades. But this was little more than the Russians finally learning the lesson, after two centuries of British meddling in Russia. Instead of entering into combat with the British Empire, they destroyed it from within. That operation outdid all of the British efforts of two hundred years combined, with socialists rushing to abandon India (to its fate), only two years after their victory. Modern UK is a tiny stump of its former glory pre-1945.
America too is struggling for survival. The Soviet infiltration of its opinion makers began very early – from late 1920’s, and it took a long time to bear fruit. However, it too succeeded unequivocally, with an entrenchment of a Marxist in the White House in 2008. In all likelihood, his successor will be even worse. Nobody in the world should gloat about that – a collapse of United States will trigger a global tsunami. No one will escape the consequences.
That is the trouble with spreading disease – in the end it always comes back to the perpetrator, and no one ever proves to be immune.
March 15th, 2014 by Vigilo
Disinformation. Propaganda. Special ops. Misdirection… The subject of Ukraine has been pushed more and more into the mainstream in the West. And with this ‘mainstream’ attention comes the omission of facts and outright lies we have come to expect. What is this all about? How did it start? What does it mean for me personally? Admittedly, this is not intended to be an in depth history of Ukraine. But it is to give a general knowledge of how the current situation came to be. So here is your Ukraine 101.
To test the need for a Ukraine 101 post, I asked around to get people’s story on Ukraine. Everybody I asked either didn’t know enough, or knew enough of the wrong things. When I asked my nanu (grandfather), he ended up giving a course on US failed promises, Roosevelt, Stalin, etc. But the current situation was not really addressed. Interestingly, my sister knew the most about the situation. Like, a lot actually. When I asked her where she got her information, she said her nail beautician is Ukrainian. Well, of course!
So chances are, unless you have your own Ukrainian beautician, you really have to go out of your way, and research on your own, to get the right info.
What you really need to know is this… Russia is certainly no angel, and it was draining Ukraine for decades. But what we are currently witnessing is a continued bloodlust by billionaires, neo-cons, western powers, IMF, and the EU. They are looking to wrap their tentacles and drain the resources from Ukraine in the guise of ‘democracy’. If neo-nazis happen to seize any power, oh well. If World War III is sparked, eh, it happens. All that really matters is that their lust for power and wealth are temporarily satiated……until their next victim.
There is a complex history of this region that ‘Ukraine 101″ simply can not address. Battleground of Nazis vs Communists (and remnants to this day). The Breadbasket of Russia. Wrongs of Stalin on the people, leading to the deaths of millions. Evils of communism. It goes on and on. So we are going to look at ONLY the relatively recent sequence of events.
I only want to mention the ‘Orange Revolution’ back in 2004, because some of the same groups and players are back implementing tactics current day. But they are also getting a lot of outside help. What kind of help you ask? How about help from unwilling, unsuspecting United States taxpayers.
Right. Though Fox News and CNN may have left out that little tidbit, documents show the the United States Agency for International Development funded the very groups involved with the coup in Ukraine. So next time you see the news report of unprovoked Russian aggression, at least now you have a little more context.
In the video at left, The U.S. State Department’s own Victoria Nuland boasted about spending $5 billion dollars (over 20 years) to Europeanize Ukraine. She does this in front of Chevron and Exxon backdrops. Those are the same Chevron and Exxon that signed shale deals with Ukraine to be worth ‘billions of dollars.’ And that’s the same Victoria Nuland made famous by her “Fuck the EU” remark made while scheming in Ukraine. Nothing peculiar at all, right?
Again, there are a lot of back-stories, but this goes back to Ukraine’s decision to continue close ties to Russia, instead of committing to a trade agreement with the EU. Translated, the Ukrainian government decided to continue being a proxy state of Russia, as opposed to becoming a European Union proxy. The ‘western’ aided plan to combat such a decision was in the making for much time prior. So when the decision actually came down, the ‘revolution’ was all ready to go.
This is not unlike many other ‘revolutions’ throughout world history. Rarely can you find an organic revolution, but there is almost always a money trail. And this trail always leads back to an incentive either of power and/or money for someone or group of someones. Such is life.
To make another point, this does not mean that there are not legitimate grievances. In this case, there is a huge amount of Ukrainians that want freed of Russia’s grip. They legitimately wanted to demonstrate to show disapproval of Yanokovych. They really want a better deal, of which they believe the European Union would offer.
But to give an example, check this video (at right) where one shirtless man, led thousands to dance. Of course the dancers wanted to dance, and they did so on their own accord. But what if the shirtless man and the first 2 followers were paid? Would there have been any dancing at all had they not started it?
Unfortunately, from what I surmise, their situation was taken advantage of, and they have become a mere chess piece. Those that went to demonstrate on their own volition would have no reason to think otherwise, but this was started with outside intervention. What I found (from half way around the world), is that the seed money was already there and the spark was struck from outside sources. Then, the legitimate demonstrators joined in pretty early, and continued to build. When the protest drew enough attention, the outside sources employed the provacautuers, thereby introducing the firebombs and murders. Read more about the biological warfare of revolution HERE.
In this case, it’s the EU looking for it’s latest state to plunder. It’s the neocons looking for the next war to reap their contracts. It’s the politicians diversion for the shit show they are putting on at home. For the billionaires, like George Soros and Pierre Omidyar, it’s unkonwn large sums of money through investments with their ‘prior’ knowledge. And through it all, Russia is propagandized as the aggressor. Again, I’m not saying Russia has no ill intent. They are as self serving as the next, but we need to put this whole thing into it’s proper context.
AN AMERICAN EXAMPLE
To understand Ukraine 101 from a different perspective, follow along this hypothetical situation…
- George Bush gives Texas independence 20 years ago.
- Texas remains a major trading partner with the US.
- Russia and Mexico fund groups to enact regime change in Texas
- Texas has a coup and a pro-Mexican/Russian is put into power
- Texas now will trade with Mexico
- US protects it’s military bases and takes back the region with the most Americans, who want annexed with America
- Russia tells US not to meddle in the business of Texas
- Russia threatens and enacts sanctions for ‘US aggression’
Did you get all of that? Foolish, right? Who the hell is Russia to create turmoil in the United States’ backyard, affecting it’s bottom line, then telling it to mind it’s own business?? OK, then the questions becomes…..Who the hell is the US to create turmoil in Russia’s backyard, affecting it’s bottom line, then telling it to mind it’s own business?? Got it? C’mon Procinctu. Proof. Name some names. OK…
Ukraine 101 | A Few Players Abroad
YOU -That’s right. As Victoria Nuland gloated, unless you are the one ‘collecting’ a government check, you’re paying into the federally funded United States Agency for International Development. Which in turn, through Pact, Inc., gave money to Center UA. The National Endowment for Democracy donated money to the ’cause’ also.
George Soros – through the International Renaissance Foundation, George Soros also gave money to Center UA. Yep, the same George Soros who profited back in 1992 off of Breaking the Bank of England.
Pierre Omidyar – This one is interesting. Pierre Omidyar funded the revolution through the International Renaissance Foundation, but that’s not all. He also happened to create First Look Media, which runs The Intercept. The Intercept’s focus is on the release of documents provided by NSA whistleblower Edward Snowden. Yes, you read that correctly.
Is the United States being blackmailed by Omidyar with these NSA documents? Is Snowden himself a CIA plant to divert attention for something even more sinister?
John McCain – Back in December 2013, John McCain took his little Ukrainian solidarity trip to Kiev. Uh, why? Some flame fanning to be sure.
John Kerry and Barack Obama, embarrassingly outmatched, threaten sanctions. This only serves to provoke Russia further.
“What difference at this point does it make” er, I mean, Hillary Clinton, called for the rhetoric regarding Ukraine to be toned down. That same conversation from her continued to compare Putin to Hitler. (Meanwhile, it was Vladimir Putin who did the most in averting war in Syria not too long ago)
The presence of Academi, big time billionaires, government secrets, working hand and hand….This is like a bad Matt Damon movie. This is the worst kind of bipartisanship in politics…..when the neocons and the neolibs get together, they spawn a really ugly baby.
Who was behind the sniper attacks? We saw both sides, police and protesters, getting picked off. There have been reports that the same snipers were shooting at both. This is an easy way to incite violence where is otherwise would not have escalated.
Ukraine 101 shows that all of these psychophants are just seething for war. They wouldn’t be fighting it of course, but your sons would. The warmongers will just be gaining money and power from it. They say it’s for Democracy Now? But it seems the wailing for democracy only counts when the wrong puppet is in place. Though their is an oligarchical influence, was not Viktor Yanukovych a dully elected in Ukraine?
So what is this call for democracy. A CIA front? Was the neo-nazi pressence an unexpected consequence, or a calculated chess move? There has to be something more here. These people can’t be this blatant and inept, can they? Although, seeing their lackeys in the media and the mainstream coverage, there is no reason they would NOT get away with their meddling.
We saw the writing on the wall in January when Pope Francis called for ‘constructive dialogue’ in Ukraine. When the peace doves were released, they were soundly attacked by a crow and a seagull. I hope we all can agree that such an incident is more than just a coincidence.
March 16 is the vote in Crimea on whether or not to join Russia. Will the West accept the decision? What if parts of eastern Ukraine do the same? Will the West honor their decision? Or does democracy only count when it benefits a certain group, in this case, the Western powers. Pray for a peaceful transition.
In my opinion, What is comes down to is this. Ukraine is a helpless woman in an abusive marriage with her husband, Russia. She has filed for divorce, yet a part of her still wants to stay with Russia. But not only does her husband abuse her, she is also abused by her lover, the EU/West. We are watching 2 asshole guys fight over a woman. They are both abusive. But can you really fault Russia for fighting to keep his wife? I can’t. Unfortunately, the loser in all of this, no matter what, is the helpless woman. She’ll give to her husband what’s his. Then let’s just hope her new flame really does treat her right. Let’s pray to God her kids aren’t slaughtered in the battle for her. Let’s pray to God the men don’t drag their extended families into this fight, because that would mean World War III. That’s what it means for you.
With God’s Will
March 5th, 2014 by Vigilo
Lent 2014 is here. It’s a period of fasting and reflection during the most spiritual time for Christians. A period to meditate on the origin of the foundation of the Church. When Jesus Christ took on the burden from mankind, and returned to it, a covenant of eternal life.
With this 40 days of fasting, you’ll most definitely hear people talking about giving up certain things during Lent 2014. No chocolate….no Facebook….no Shark Tank. (well, maybe scratch that last one)
Maybe those things are a worthy ‘sacrifice’ for God. But instead, how about giving God an offering by DOING something. What if we focused on bettering ourselves and realizing our potential to glorify God? Would it not please God to see us, whom are created in His image, use the gifts with which we are bestowed?
It may be considered ‘new age spirituality’ to some, but even Saint Augustine spoke of turning toward our inner self for truth. For the power of God is within each of us. Maybe I’m not interpreting it correctly, but if I have the power of God within me, then I am actually offending God by subduing this power and not unleashing it.
Memorable Lent 2014
If you give up chocolate every year, that’s O.K., but it becomes mundane after awhile, doesn’t it? And who did you really affect around you? Whose life was made better by you giving up chocolate? However, by DOING something, we can add a uniqueness to each Lent, memorialize it, and do our part to change the world.
Here is an example: (but hopefully a future true statement)
In Lent 2014, I learned Spanish. With that knowledge of the Spanish language, I was able to volunteer at an orphanage in a Spanish speaking country.
For the rest of life, even when the language comes easy, you would be able to look back to Lent 2014. The focus and work you offered up to the glory of God will be easily remembered.
Personally, for this Lent 2014, I will be
- completing the Pimsleur Spanish Course Level 1
- staying on a strict workout schedule
- covering the entire Foundations to Stocks and Options Course from TradeSmartU
- updating this website weekly
Each day during Lent 2014, I will allot time in order to see each objective through. And I will do my best to use each objective to serve God. Though the hardest of these will be to sleep by 10:30….
Ask Yourself the Question
This idea of doing otherwise secular tasks for the Greater Glory of God was reiterated by Father Byrne at St. Peter’s on Capitol Hill recently. Click play for a few minutes of his homily. (about 8 minutes)
The jist is that whether we are at work or talking to a neighbor, that we should do everything for the Greater Glory of God.
This thought also circles back to one of the previous Thursday Thought’s….Sin and Salvation. At all times we should be asking ourselves, “Is this bringing me closer, or separating me further from God?” Constantly asking ourselves that question will force us to either justify what we do, or turn away from it, and back to the Almighty.
Also in Father Byrne’s homily was the mention of living for today and not in worry. Again, we can reference a Thursday Thought …..Finding Balance | Ignorance vs Worry. Being prepared and taking action is not the same as being worried.
I struggle with this at times as I have decided that I will live abroad in the future. Anybody who has read the content on this site knows the reasons behind this decision. However, personal conditions don’t currently favor such a change. I could let the angst effect me…. Will I get out in time? Will my preparation be enough? …But what purpose would that worry serve? So I just take each day as it comes until that opportunity to act presents itself. Weeks, months, years….I don’t know, and it’s no use worrying about.
Make Lent 2014 Your Best Yet
This all ties in to a great correlation between this Lent 2014 and our lives as a whole. In both, we should absolutely prepare for what comes. Yet, in both, we know what awaits at the end. The road to get there may be uncertain, but if we know where the ultimate end lies, then worry is just an obstacle which can prevent us from getting there.
So I urge you all to take on DOING something for Lent 2014. Make it something difficult. Make it something you aren’t even sure you can do…..then do it. And do it for the Glory of God. Please comment below on what you’ll be DOING this Lent 2014.
Finally, remember that you are dust, and unto dust you shall return. So if you have to give up anything during Lent 2014, give up worrying about all the clutter in the meantime.
With God’s Will
March 4th, 2014 by Vigilo
I know, I know. Another US Economic Collapse post. These are getting as numerous as the ‘Banker Suicide’ posts seen elsewhere. And yes, we have spoken before about the fools game of trying to call the ‘stock market top’ or the ‘crash’ or the ‘economic collapse.’ But yet again, as unlikely as it is, I want to bring your attention to the next ballyhooed date of March 4, 2014. But first, let’s take a look at a few things leading up to the supposed US Economic Collapse.
US Economic Collapse Lead Up
A few months ago, “The stock market top will occur on….” was published. It brought to attention the McClellan analog comparison of 1929 and current day. They determined the market top to occur on Jan 14, 2014, give or take. Tom Demark has been singing a similar tune as well.
Additionally, Procinctu ran it’s own Crash 2013 series. It covered fundamentals, chart analysis, and ways to short the market in the event of a US Economic Collapse. The jury is still out on whether I need to eat humble pie or not. If we see a ‘higher high’ in the Dow Jones from here, then I will have been wrong in the timing. As of now, the market top occurred on December 31, 2013.
US Economic Collapse Brewing
Beyond resistance lines and charting, by now, you are probably aware of other interesting news coming out.
- Lindsay Williams has been talking of a global currency reset around March 2014. (Take that for what it’s worth.)
- Numerous bankers are having odd deaths or ‘suicides’ over the last several months. The normal stuff like a 34-year old with a heart attack….a 39 year old with an alleged suicide leap…..a 33 year old allegedly leaping to death….a 57 year old shooting himself with a nail gun. While suicides alone may not be all that suspicious, when the name JP Morgan is mentioned with many of them, then…..
- The US-EU coup in Ukraine is provoking Russia to act…..leading to murmurs of World War 3. (1, 2)
- The emerging market scare from a few weeks ago has eased, but is not solved.
Then there are all the normal fundamental problems in the US and abroad which point to the US Economic Collapse.
US Economic Collapse on March 4, 2014?
This leads us to a US Economic Collapse article found on the Washington Times website back in October 25, 2012. In it, the date of March 4, 2014 was specifically named. While it’s likely this is just another date which will come and go, I’ll still include it below for you to decide that for yourself.
Those wild and crazy Mayans put down their marker that the end of the world would occur on Dec. 21, 2012 — about two months from now. There is, of course, some small chance that they might be right. On the other hand, there is a very large probability that the real end of the world will occur around March 4, 2014.
The doomsday clock will ring then because the U.S. economy may fully crash around that date, which will, in turn, bring down all world economies and all hope of any recovery for the foreseeable future — certainly over the course of most of our lifetimes.
Interest rates will skyrocket, businesses will fail, unemployment will go to record levels, material and food shortages will be rampant, and there could be major social unrest.
Any wishful thinking that America is in a “recovery” and that “things are getting better” is an illusion.
The problem is not Medicare, which won’t quit on us for another six or seven years. Nor is it Social Security, which will not be fully bankrupt for another 15 years or so. The crisis is much more immediate and much more serious.
The central problem is that America is the bank of the world. What this means, simply, is that the dollar is the world’s currency (often termed the “reserve currency”).
Throughout the world, nearly all traded goods, oil, major commodities, real estate, etc., are denominated in dollars.
The world needs dollars, and the U.S. provides them and provides confidence that the dollar is the “safest” currency in the world. Countries get dollars by trading with us on attractive terms, which enables Americans to live very well.
Countries support this system and cover their risk by investing in dollars through T-bill auctions and other mechanisms, which enables us to run budget deficits — up to a point.
The central issue is confidence in America, and the world is losing confidence quickly.
At a certain point, soon, the United States will reach a level of deficit spending and debt at which the countries of the world will lose faith in America and begin to withdraw their investments.
Many leading economists and bankers think another trillion dollars or so may do it. A run on the bank will start suddenly, build quickly and snowball.
At that point, we will need to finance our own deficit, and we will not be able to do so. We will raise bond rates to re-attract foreign investment, interest rates will go up, and businesses will fail. Unemployment will skyrocket.
The rest of the world will fully crash along with us. Europe will continue to decline, and the euro will not replace the dollar. Russia will see a collapse in oil prices as market demand softens, and Russia will collapse along with it.
China will find nowhere to export and also will collapse. The Russian and Chinese governments, which see all this coming and have been stockpiling gold to hedge against such a dollar collapse, will find that you cannot eat gold.
There will be uprisings — think of the streets in Spain and Greece today — everywhere. Technological advances that traditionally drive productivity increases and economic growth will not be able to keep up with this collapse.
When might this all happen? Paul Volker indicates we might face a mess like this in the next year and a half.
David Walker, former U.S. comptroller, i.e., the former chief accountant of the U.S. government, has suggested similar time frames for economic catastrophe.
Most agree that the budget sequestration approach won’t work from either economic or political perspectives, and mindless across-the-board cuts in spending will only exacerbate a mess.
The Federal Reserve’s third round of quantitative easing, in which we print money to buy our own bonds in order to goose economic and employment numbers, means we are floating our own debt, a good formula for sudden hyperinflation.
The next president will have about six months to fix this problem before it is too late. He must be fully prepared, able and willing to work with Congress and move quickly and decisively.
During the election, the most important question to ask is, who understands all this and is prepared to prevent it? Everything else is noise.
Grady Means is a businessman, former assistant to Vice President Nelson Rockefeller and former economist at the U.S. Department of Health, Education and Welfare.
So there it is. While I don’t know how exactly he comes up with the date of March 4, 2014 for the US Economic Collapse, I still thought you should know of it. Use the info however you see fit.
With God’s will.