July 15th, 2014 by Kurt Nimmo, Infowars
Soros Democrats strive to take down governments and empower global elite.
From undermining the Second Amendment and influencing elections to sponsoring color revolutions in Eastern Europe and the Middle East, the ominous footprint of George Soros is everywhere.
The Hungarian-born billionaire and currency speculator who considers himself a messianic figure was voted “the single most destructive leftist demagogue in the country” by respondents to a poll published by the Human Events newspaper in 2011.
“George Soros is the most dangerous man in the world because, just like the crazy megalomaniacs in old fifties movies, he is deceiving everybody into believing that he is altruistic, when in fact, he is using his Open Society/Shadow Party to undermine the very fabric of American society,” the newspaper explained.
If not for Soros’ immense wealth a sizable number of leftist organizations would be far less influential. He has fed more than $7 billion to the likes of Media Matters, ACORN, La Raza, the Huffington Post, the Southern Poverty Law Center, Planned Parenthood, the Center for American Progress, MoveOn.org and dozens of other organizations pushing a socialist and ultimately globalist agenda on the American people.
Dismantling national sovereignty is at the top of the Soros list. “Insofar as there are collective interests that transcend state boundaries, the sovereignty of states must be subordinated to international law and international institutions,” he said in 1998.
The United Nations, the World Bank, and the International Monetary Fund are organizations he believes should be dictating economic, social and political policy.
“To stabilize and regulate a truly global economy, we need some global system of political decision-making. In short, we need a global society to support our global economy,” he writes in The Crisis of Global Capitalism.
Individual states and national populations should not be allowed to govern their own economic affairs – instead, this process will be accomplished by a global financial elite, according to Soros. “Given the decisive role that international financial capital plays in the fortunes of individual countries, it is not inappropriate to speak of a global capitalist system,” he writes in Open Society: Reforming Global Capitalism Reconsidered.
For Soros and the financial elite nations that fall under their control are democracies while those beyond their reach are autocratic, totalitarian and abusive of human rights.
“It is a historical fact that the countries that constitute the center of the global capitalist system are democratic, but the same is not true of all the capitalist countries that lie on the periphery,” Soros explains. “Rulers are reluctant to relinquish their power; they need to be pushed.”
Pushing Color Revolution
Since the early 1980s Soros has used his immense wealth and influence to “build vibrant and tolerant democracies whose governments are accountable to their citizens,” in other words, governments answerable to the financial elite.
Following the fall of the Soviet Union, Soros played an instrumental role in moving former satellite nations into the globalist fold.
“From 1979, he distributed $3 million a year to dissidents including Poland’s solidarity movement, Charter 77 in Czechoslovakia and Andrei Sakharov in the Soviet Union,” writes Neil Clark. “In 1984, he founded his first Open Society Institute in Hungary and pumped millions of dollars into opposition movements and independent media. Ostensibly aimed at building up a ‘civil society”, these initiatives were designed to weaken the existing political structures and pave the way for eastern Europe’s eventual exploitation by global capital. Soros now claims with characteristic immodesty, that he was responsible for the ‘Americanization’ of eastern Europe.”
In 2000, following a NATO bombing campaign, Soros began his color revolution push in Serbia. His color revolution NGOs ran the Slobodan Milosevic opposition. “TheYugoslavs remained stubbornly resistant and repeatedly returned Slobodan Milosevic’s reformed Socialist Party to government. Soros was equal to the challenge. From 1991, his Open Society Institute channeled more than $100 million to the coffers of the anti-Milosevic opposition,” Clark explains.
After Milosevic fell and was sent to stand trial for war crimes before the internationalist court at the Hague, “Serbia, under the auspices of Soros- backed ‘reformers’” became “less, not more, free,” Clark writes. The Serbian people were subject to the standard round of globalist economic medicine as Soros “copied a pattern he has deployed to great effect over the whole of eastern Europe of advocating ‘shocking therapy’ and ‘economic reform’, then swooping in with his associate to buy valuable state assets at knock-down prices.”
Soros repeated the pattern in neighboring Georgia where funds from his Open Society Institute funded the so-called Rose Revolution that threw out Eduard Shevardnadze and installed former justice minister Mikhail Saakashvili. Georgian activists were tutored by the Soros-backed Serbian Otpor (Resistance) movement on how to use peaceful revolution to topple a government disfavored by the international elite.
Georgian Foreign Minister Salomé Zourabichvili told the French journal Hérodote that Soros’ NGOs were not only responsible for toppling Shevardnadze, but had subsequently become an integral part of the resulting governmental power structure.
A few years later Soros would employ the tactics sharpened in Eastern Europe to foment the Arab Spring in the Middle East and Africa.
“The Soros center’s job in eastern Europe is nearly finished. Its main focus now is the Islamic world, Arab countries, Turkey, Pakistan, Afghanistan, etc,” The Open Society Institute consultant Dr. Kian Tajbakhsh told Iranian officials following his arrest for trying to undermine the government.
In Egypt the color revolution turned blood red and managed to ultimately install a military dictatorship after a cobbled together plan to have a Muslim Brotherhood puppet rule the country failed. The Muslim Brotherhood has served for decades as an asset of U.S. and British intelligence.
Violence also ruled in Ukraine when a group of fascists selected by the U.S. State Department overthrew the country’s democratically elected president. In May George Soros told CNN’s Fareed Zakaria he is responsible for establishing an NGO in Ukraine that ultimately contributed to the overthrow of Viktor Yanukovych and the installation of a junta.
“Many of the participants in Kiev’s ‘EuroMaidan’ demonstrations were members of Soros-funded NGOs and/or were trained by the same NGOs in the many workshops and conferences sponsored by Soros’ International Renaissance Foundation (IRF), and his various Open Society institutes and foundations. The IRF, founded and funded by Soros, boasts that it has given ‘more than any other donor organization’ to ‘democratic transformation’ of Ukraine,” writes William F. Jasper.
Installing a President in America
The lesson Soros learned in 1989 when he used his wealth to install Vaclav Havel in the Czech Republic is that elections and preferred candidates can be bought with due diligence and a lot of money.
In the United States he has donated substantial amounts of cash to Barack Obama, Hillary Clinton, Charles Rangel, Al Franken, Tom Udall, Joe Sestak, and Sherrod Brown in a determined effort to transform America.
During the 2004 election cycle he donated “$23,581,000 to various liberal 527 Groups dedicated to defeating President George W. Bush. Soros contributed $3 million to the leftist propagandist Center for American Progress and $5 million to radical leftist MoveOn.org,” according to Conservapedia.
The so-called “Shadow Party” – conceived by Soros, Hillary Clinton and Harold Ickes – sidestepped reforms put in place by Senators John McCain and Russ Feingold and donated millions in soft money to the Democrat Party.
“Without Soros and the Shadow Party, Barack Obama would be, at best, a senator from Illinois attending social gatherings with domestic terrorists Bill Ayers, Bernardine Dohrn and sitting in the pews of black liberation theologist Reverend Jeremiah Wright,” notes Human Events. “At worse, he’d be an unremarkable and unheard of state senator. Instead, Barack Obama is the President of the United States.”
The cozy personal relationship between Obama and Soros dates back to 2004 when Obama ran for the Senate and became Soros’ “Chosen One.” He was selected by the “Phoenix Group” – a confab of wealthy Democrat donors – and was guided through the Senate and ultimately installed in the White House.
“Obama has the charisma and the vision to radically reorient America in the world,” Soros said in 2007 after he sent the Senator from Illinois the maximum individual contribution allowed by campaign finance law.
Resistance to the Beast
Due to hubris and arrogance Soros and the Shadow Party did not consider the degree of popular resistance they would encounter after Obama became president.
From the tea party to a fresh crop of libertarian-minded Republicans, there is a growing surge within America to defeat the globalists and diminish the influence and control of George Soros and the globalist ilk.
The path ahead, however, will be a difficult one. Soros is one player and there are others maneuvering behind the scenes to destroy the sovereignty of the United States and systematically dismantle the bulwarks standing in the way of realizing a New World Order.
Liberals love to dismiss any talk of a global plan to take over small farms and destroy private ownership as “conspiracy theory.”
Michigan farmers are starting to learn that there’s nothing theoretical about it and the conspiracy is quite real.
NaturalNews.com reports that the state’s Department of Natural Resources recently conducted at least two armed raids on pig farmers, including bringing the entire goon squad of at least six vehicles and about a dozen armed officers.
Were the farmers criminals?
According to the DNR they were, and the raids included felony arrest warrants. But the actual crime was … raising pigs.
Farmer Dave Tuxberry reported slaughtering all of his pigs in advance of the DNR raids, hoping to avoid arrest. But according to NaturalNews, the DNR conducted the raid anyway, tossing the place and generally doing the jack-booted thug thing.
After four hours, the DNR officers decided that all the pigs were indeed dead, and they gave the farmer papers to the effect that he was no longer breaking the law because he was out of business.
Another farmer reported the interrogation of his customers, and he says his regular meat processor was so terrorized that she will no longer take his pigs for fear her company will be raided, but the loss of business will cause her severe financial harm.
The invasive species order issued by the state declares that nearly all small family farms raising open-range pigs are engaged in illegal activity. The pigs are declared to be “wild hogs” under the ISO, distinguished by their hair type. Raising pigs of the wrong hair color is punishable by up to four years in prison.
Wrap your head around that for a moment. First, how can a hog be “wild” if it’s being “raised”? And now it’s criminal to even have one of these evil creatures in your possession.
The farms, most of which have been in business for decades, are competition to “Big Pork,” in this case the Michigan Pork Producers Association, which explains the ISO on its website.
It also seeks a reduction of the population. And if you’re going to do that, targeting the diversity of a nation’s food supply could be a good way to start.
Nationally, the federal Department of Transportation has been going after family farms by reclassifying most farm vehicles as commercial vehicles, requiring anyone driving a tractor to invest in training and a commercial drivers license, and placing the equipment under laws intended for semi-trucks driven on the road. It would also ban young, underage farmers from using a tractor.
The EPA, of course, is getting in on the act, taking small farms as “buffer zones” for waterways to protect them from pesticides. Under Agenda 21, these areas are designated as not inhabitable by humans, as detailed by the Wildlands Project.
EPA Administrator Lisa Jackson is on the Rural Council, which was established, according to President Obama, “to strengthen rural communities and promote economic growth.”
- Michigan Government Unleashes Armed Raids on Small Pig Frmers, Forces Farmer to Shoot all his Own Pigs (spiritandanimal.wordpress.com)
- Michigan MNR actually launches armed raids on small pig farmers based on questionable “invasive species” claim (thebovine.wordpress.com)
- Michigan Government Unleashes Armed Raids On Small Pig Farmers, Forces Farmer To Shoot All His Own Pigs (Video) (thedaleygator.wordpress.com)
- Insane Michigan Government Announces Plan To Destroy Ranch Livestock (newsworldwide.wordpress.com)
- Not by the hair of my chinny chin chin: farmers fight hogicide in Michigan (EndtheLie.com)
InterOil Corporation today said that its 2011 net profit was $17.7 million compared with a net loss of $44.5 million for the same period in 2010.
Fourth Quarter 2011 Highlights and Recent Developments
• During the fourth quarter, InterOil completed two Heads of Agreements (HOA) on long-term LNG supply for its proposed LNG project in Papua New Guinea, bringing the total of its three HOAs to 3.3 to 3.8 million tonnes per annum (mtpa). While not binding, these HOAs set out the basis upon which the parties intend to negotiate and document terms for the purchase and sale of LNG.
• Exploration activities continued across our three Petroleum Prospecting Licenses (PPLs) in PNG during the quarter. Seven dip lines were acquired to further delineate the Wahoo and Mako prospects and identify potential drilling locations. Processing and interpretation of the data is ongoing. A third phase of seismic data acquisition, which consists of two dip orientated lines totaling 21 kilometers in length over the Tuna prospect and Wahoo/Mako prospects, commenced on December 22, 2011. Line preparation is currently in progress.
• Net profit for the year ended December 31, 2011 was $17.7 million compared with a net loss of $44.5 million for the same period in 2010, an improvement of $62.2 million. The operating segments of Corporate, Midstream Refining and Downstream collectively returned a net profit for the year of $82.3 million. The development segments of Upstream and Midstream Liquefaction yielded a net loss of $64.6 million.
• Subsequent to the quarter end, on January 17th, 2012, InterOil announced that the Triceratops-2 delineation well had been spudded. The Triceratops-2 well is an appraisal well to test the presence of hydrocarbons and determine whether a potential reefal carbonate reservoir exists in the Triceratops field.
InterOil’s Chief Executive Officer Phil Mulacek commented, “We continue to work with our existing LNG development partners and the PNG government to advance our LNG project towards first production. Simultaneously, our advisors are managing the process of soliciting and evaluating proposals from potential strategic LNG partners. If a strategic partner is selected, we expect that such a partner would assist with accelerating the LNG project’s capacity growth. Our delineation drilling at Triceratops has the potential to add to our substantial resource estimate at Elk and Antelope, and provide back-up supply for increasing LNG capacity. Our prospect inventory is maturing and we anticipate that it will support our goal of a multi-year, multi-well exploration program. We believe that these achievements, combined with our strong balance sheet, support our continued growth and operational success.”
- InterOil Spuds Triceratops-2 Well in Papua New Guinea (mb50.wordpress.com)
- Soros Makes Waves Again (fool.com)
- InterOil Is Inches From Finalizing $6 Billion LNG Project (dailyfinance.com)
Rogers spoke with Business Insider to discuss commodities, the global economy, his legendary career, and his life in Singapore.
What follows is the complete transcript of our interview with Jim Rogers.
Inflation, Commodities and the Consumer
What is feeding into oil prices at the moment?
Iran obviously, is one thing, but another is in the U.S. it’s the infrastructure problem. We have oil but it’s in the wrong places. On the east coast, they use imported oil, and imported oil is higher because of Iran. And it comes from Europe. North Sea production is in decline. There are supply-demand reasons that oil prices are high in many parts of the world. And known reserves of oil are in decline worldwide. And the IEA is going around telling people that known reserves are in a steady decline and we’re going to have a huge problem in a decade or two, a gigantic problem, unless somebody finds a lot of oil very quickly. So underneath the supply-demand, shorter term it’s infrastructure and Iran probably.
At what level do you think oil prices will break the back of the American recovery?
We are going to have a slowdown. Such is the staggering debt that America has, it has caused more and more of a drag on our economy. I would also point out to you that every four to six years we’ve had an economic slowdown in the U.S., since the beginning of time, so by 2012, 2013, 2014, we are well overdue for an economic slowdown for whatever reason. Whether it’s caused by high oil or what, we’re going to have a slowdown in the foreseeable future.
How do you see oil prices impacting consumers in emerging markets, especially in Asia, when many of them are struggling to rein in inflation and drive growth?
Everybody is paying higher prices for oil and that obviously impacts consumption everywhere and its not just oil, its food and everything else that’s going up. There’s inflation everywhere, the U.S. lies about it, I mean the U.S. government lies about inflation but there’s inflation everywhere. I mean I don’t know if you go shopping, but if you do, you know prices are up. The government says they’re not, I don’t know where they shop. Everybody else’s prices are up.
If you could own / invest in just one commodity which would it be?
I guess it would have to be one of the agricultural commodities, it would depend on which is down the most but it would be agriculture I can tell you that.
You said earlier this year that if gold moved towards $1,600 you would be interested in buying more. Are you looking at gold now?
I’m certainly watching, if it goes below $1,600 I’m sure I’ll buy more. If it goes to $1,200 I hope I’m smart enough to buy a lot more. Gold has been up 11 years in a row now, which is extremely unusual for any asset. So it would not surprise me if gold doesn’t … continue to have a nice correction in 2012. If it does, if it does, I hope I’m smart enough to buy a lot more. I’m not selling. I’m not selling. I have not sold and will not sell until the bubble comes. There will be a bubble in gold some day but that’s ten years, I don’t know, several years from now. I hope I’m smart enough to sell when the bubble comes.
China and the emerging markets
You’re a China bull. Could you tell me the one thing that you think China bears have got wrong?
Not quite sure. If you mean the people who say China is going to explode. Those guys have been saying that for three years. I guess someday they’ll be right. So far they’ve been dead wrong, for years. There will be setbacks in China along the way. In America in the19th century we had 15 depressions with a capital “D,” we had no human rights, we had not much rule of law, (and we) had a horrible civil war, yet we became the most successful country in the 20th century.
China is going to have plenty of setbacks but what these guys are mainly missing is China has been in decline for three or four hundred years but started turning it around in 1978. And there’s a long history of entrepreneurship, capitalism, they have the brains, they have the know-how, there are many overseas Chinese who will bring back money and management ability. And the Chinese have a very, very high savings rate. They save over 35 percent of their income and so even if they start going off, they’ve got something to fall back on, as opposed to America and the rest of the world.
There was a housing bubble in urban, coastal real estate, which the government has popped purposely, I mean they knew what they were doing. But as far as, I mean Jim Chanos, says it’s going to be a thousand times worse than Dubai. Well that shows he doesn’t understand Dubai, and he doesn’t understand China. Now I’ve told him this to his face though, so I’m not talking behind his back. China is vastly different from Dubai, vastly.
Could you explain how Dubai and China’s real estate property problems differ?
Dubai was building its plan, its economic plan was to build an economy based on real estate speculation. It didn’t have anything else. It didn’t have oil, natural resources, it had a small population etc. and there was gigantic real estate speculation in construction. China has huge amounts of stuff. It has a growing population. It has vast natural resources, not enough, but it’s got some. And then all those natural resources in Siberia which they can tap and they’ve got huge financial reserves. Dubai does not. Dubai has a rich big brother, but that’s all Dubai has and China has it all – resources, cheap labor, discipline, educated labor and vast markets.
China lowered their growth rate, wage inflation is worrying and it’s the year of leadership change. Do you think China is in control in terms of their property prices and economic growth…
I doubt the government planned to have a bubble. They got a bubble. I mean they’ve been trying to cool it off and they’ve done so. As far as the lower growth rates, I don’t pay attention to government growth figures because they’re all phony. Nobody knows how much China is growing, including China. I don’t pay attention to all of these figures. They’re not important to me. They’re irrelevant. China is certainly doing better than most countries and it will continue to do so. It will have setbacks. There’s nothing that says China should not have a recession. But China has a lot of money saved for a rainy day and when it rains they’re going to spend. America doesn’t have any money saved for a rainy day. And when it rains we’re going to try to borrow it or print it,neither of which is good for America or for the world.
You have said previously that India is a great place to travel but not a great place for investors. What is the one thing that you do think makes a good investment opportunity in India?
Tourism. Tourism in India, partly because the Chinese can now travel and are traveling, and they’re very close and India is cheap. Indian tourism is going to be a wonderful, wonderful growth area in the next decade, or two, or three.
You have previously said those that invest in Myanmar could be rich in the next 20 – 40 years. Myanmar is beginning its process of reforms and is beginning to end its economic isolation form the West – what are your thoughts on Myanmar now?
China made the decision to open up in late ’78 but it took a while to put things in place. Myanmar has made the decision, they don’t even have their currency sorted out yet, so it’s going to take a while, but no ,everyday that goes by, I get more excited. Unfortunately I’m a citizen of the land of the free and we from the land of the free are not allowed to invest in Myanmar, it’s illegal. You could invest there, but I cannot.
Life in Singapore and career advice
What’s the one thing you miss the most about the U.S.? Conversely what’s the one thing Singapore has that the U.S. doesn’t?
Well I don’t really miss… I mean I go to the U.S., I was just there last week. My main complaint about Singapore is not a serious complaint but it’s not very bi-cycle friendly. The U.S. is much more bicycle friendly. I guess I wish Singapore were as bicycle friendly as parts of the U.S.
What’s your typical day like in Singapore?
“I take my daughters to school. We wake up at six because they have to get to school early. I take them on the bicycle, I come back, I exercise I have interviews while I’m exercising. I collect my daughters. I have lunch with them. Then in the afternoons I’ll have meetings, go on the computer or whatever. At night I’ll have dinner with my family unless we’re going out and then my wife and I will go out and do whatever the dinner is. And then I’ll go the disco. That’s a joke.
What’s the best piece of advice you ever got?
“Buy low and sell high. When I went to wall street. Actually all the old guys used to say ‘figure out the money and you’ll figure out what’s going on’. And so I don’t know of any specific individual but that’s advice I got a lot of times.
What’s the worst job you have ever had?
“Worst job? I don’t remember. Maybe the U.S. army, but even that, I don’t ever remember having a bad job. I was a grocery store boy when I was a teenager but even that, I learned, I don’t remember being unhappy in any job I’ve ever had. In the army, I would have liked to have done other things with those two years but even those two years were not totally wasted.”
Read more: BI
- JIM ROGERS: Jim Chanos Is Wrong About China And I Said It To His Face (businessinsider.com)
- JIM ROGERS: The Government Is Lying About Inflation And It’s Crushing The Consumer (businessinsider.com)
- 10 Quotes From The Always Charming Commodities Guru Jim Rogers (businessinsider.com)
- China Is About To Take A HUGE Step Toward Internationalizing Its Currency (businessinsider.com)
- Jim Rogers: Greece deal is a sham! (investmentpostcards.com)
Are George Soros, The IMF And The World Bank Purposely Trying To Scare The Living Daylights Out Of Us?
Over the past couple of weeks, George Soros, the IMF and the World Bank have all issued incredibly chilling warnings about the possibility of an impending economic collapse. Considering the power and the influence that Soros, the IMF and the World Bank all have over the global financial system, this is very alarming. So are they purposely trying to scare the living daylights out of us? Soros is even warning of riots in the streets of America. Unfortunately, way too often top global leaders say something in public because they want to “push” events in a certain direction. Do George Soros and officials at the IMF and World Bank hope to prevent a worldwide financial collapse by making these statements, or are other agendas at work? We may never know. But one thing is for sure – many of the top financial officials in the world are using language that is downright “apocalyptic”, and that is not a good sign for the rest of 2012.
Right now, George Soros is saying things that he has never said before. Just check out what George Soros recently told Newsweek….
“I am not here to cheer you up. The situation is about as serious and difficult as I’ve experienced in my career,” Soros tells Newsweek. “We are facing an extremely difficult time, comparable in many ways to the 1930s, the Great Depression. We are facing now a general retrenchment in the developed world, which threatens to put us in a decade of more stagnation, or worse. The best-case scenario is a deflationary environment. The worst-case scenario is a collapse of the financial system.”
Later on in that same article, Soros is quoted as saying that we could soon see the U.S. government using “strong-arm tactics” to crack down on rioting in the streets of major U.S. cities….
As anger rises, riots on the streets of American cities are inevitable. “Yes, yes, yes,” he says, almost gleefully. The response to the unrest could be more damaging than the violence itself. “It will be an excuse for cracking down and using strong-arm tactics to maintain law and order, which, carried to an extreme, could bring about a repressive political system, a society where individual liberty is much more constrained, which would be a break with the tradition of the United States.”
It almost sounds like George Soros is anticipating the same kind of a breakdown of society that many survivalists and preppers are getting ready for.
So how bad are things going to get?
Well, George Soros is publicly warning that the coming financial crisis could end up being even worse than 2008. Just check out the following quotes from him that appeared in a recent Businessweek article….
“We have a more dangerous situation now than in 2008,” Soros, 81, said in response to a question at an event in the southern Indian city of Bangalore today. “The crisis in Europe is more serious than the crash of 2008.”
But George Soros is not the only one issuing these kinds of warnings.
Once again, the head of the IMF, Christine Lagarde, has made a speech in which she openly warned that we are heading for a repeat of the “1930s”.
She told an audience in Berlin on Monday that the globe is facing “a 1930s moment, in which inaction, insularity and rigid ideology combine to cause a collapse in global demand”.
During the speech she called for a trillion more dollars to support financially troubled governments, and she made the following statement….
“It is not about saving any one country or region. It is about saving the world from a downward economic spiral.”
As I wrote about the other day, the World Bank has also been using apocalyptic language about the global financial situation. In a shocking new report, the World Bank revised GDP growth estimates for 2012 downward very sharply, it warned that Europe could be facing financial collapse at any time, and it instructed the rest of the world to “prepare for the worst.”
The lead author of the report, Andrew Burns, said that the “importance of contingency planning cannot be stressed enough” and that if there is a major financial crisis in Europe the entire globe will be deeply affected….
“An escalation of the crisis would spare no-one. Developed- and developing-country growth rates could fall by as much or more than in 2008/09.”
So should we be alarmed that George Soros, the IMF and the World Bank are all proclaiming that a financial nightmare could be just around the corner?
Of course we should be.
Whether their motives are pure or not, they are telling the truth about the global financial situation in this case. As I have written about so frequently, there are a whole host of signs that indicate that we could be on the verge of a major global recession.
A lot of folks in the investment world are warning that hard times are about to hit us as well. For example, the following is what legendary investor Joseph Granville recently told Bloomberg Television….
Joseph Granville, whose “sell everything” call in 1981 sparked a decline in U.S. stocks, said the Dow Jones Industrial Average (INDU) will drop toward 8,000 this year because of waning momentum and volume.
“Volume precedes prices,” Granville, 88, a technical analyst who has been publishing the Granville Market Letter from Kansas City, Missouri for about 50 years, said in an interview on “Street Smart” on Bloomberg Television. “You are seeing much lower volume. That tells you that prices are going to go much lower, much lower than most people think possible and very few people have projected.”
Considering all of the warnings out there, it only seems prudent to prepare for the worst.
But unfortunately, a lot of people are just going to leave their holdings sitting out there like a dead duck, and they are going to be absolutely devastated by the coming financial tsunami.
Those that believe that the United States can somehow escape the coming financial storm don’t really know what they are talking about.
In fact, there was very troubling news for the U.S. dollar just the other day. It was announced that India will start paying for its oil from Iran in a currency other than U.S. dollars.
But this is just another sign that the rest of the world is starting to reject the U.S. dollar. For decades, the U.S. dollar has been the reserve currency of the world and this has given us a tremendous advantage. Unfortunately for us, that is now changing.
U.S. newspapers are not talking about what is going on, but mainstream newspapers in Europe are. Right now, some of the biggest countries in the world are working on plans to quit using U.S. dollars for the buying and selling of oil.
The following comes from a recent article in The Independent….
In the most profound financial change in recent Middle East history, Gulf Arabs are planning – along with China, Russia, Japan and France – to end dollar dealings for oil, moving instead to a basket of currencies including the Japanese yen and Chinese yuan, the euro, gold and a new, unified currency planned for nations in the Gulf Co-operation Council, including Saudi Arabia, Abu Dhabi, Kuwait and Qatar.
Secret meetings have already been held by finance ministers and central bank governors in Russia, China, Japan and Brazil to work on the scheme, which will mean that oil will no longer be priced in dollars.
The plans, confirmed to The Independent by both Gulf Arab and Chinese banking sources in Hong Kong, may help to explain the sudden rise in gold prices, but it also augurs an extraordinary transition from dollar markets within nine years.
This is a very big deal, and if this gets pulled off it is going to have devastating consequences for the U.S. dollar and for the U.S. economy.
But of course when it comes to troubles for the U.S. financial system, there are a whole host of issues that could be talked about.
An environment for a “perfect storm” is developing, and most Americans have absolutely no idea what is about to happen.
Fortunately, there are some researchers out there that are working hard to sound the alarm bells. For example, the following quote comes from a recent interview with Gerald Celente….
I believe that we have to watch out for something along the lines of an economic martial law. The European system is in collapse. The financial system in the United States is just as tenuous, if not more, and I believe they will not admit there will be a financial crash but rather they will use a geo-political issue to get the people in a state of fear and hysteria whereby they’ll then call a bank holiday or devaluation of the currency, or a hyperinflation of the currency, and blame it on somebody else.
It would be wise to listen to what experts such as Gerald Celente are saying.
Now is the time to take stock of where you are at and to make plans for the coming year.
Just because things have “always” been a certain way does not mean that they will continue to be that way.
Just because certain things have “always” worked in the past does not mean that they will continue to work in the future.
Our world is experiencing fundamental changes. It is changing at a faster pace than we have ever seen before. The way that we all live our lives five or ten years from now will be vastly different from how we live our lives today.
This will be a very challenging time to be alive, but it is also going to be a very exciting time to be alive.
So what do all of you think is going to happen in 2012?
- Soros Warns of ‘Riots,’ ‘Brutal’ Clampdowns & Possible Total Economic Collapse (mb50.wordpress.com)
- Soros Mouthpiece Calls On Google To Police “Conspiracy Theories” (mb50.wordpress.com)
- George Soros Says … (tarpon.wordpress.com)
- George Soros on the Coming U.S. Class War – The Daily Beast (tribuneofthepeople.com)
Paul Joseph Watson
Tuesday, January 24, 2012
Former fellow of George Soros’ Open Society and current Stanford University scholar Evgeny Morozov has called on Google and other search engines to become thought crime enforcers, by providing warnings about websites that contain “conspiracy theories” such as the belief, held by a majority of Americans, that global warming is not primarily man-made.
Morozov, whose biography confirms him as a well-connected insider, decries in a Slate piece how the Internet is a useful tool for “People who deny global warming” as well as “the anti-vaccination movement,” calling on Google to provide a “socially responsible curated treatment” that would marginalize such beliefs by amending search results.
His solution is to, “Nudge search engines to take more responsibility for their index and exercise a heavier curatorial control in presenting search results for issues like “global warming” or “vaccination.” Google already has a list of search queries that send most traffic to sites that trade in pseudoscience and conspiracy theories; why not treat them differently than normal queries? Thus, whenever users are presented with search results that are likely to send them to sites run by pseudoscientists or conspiracy theorists, Google may simply display a huge red banner asking users to exercise caution and check a previously generated list of authoritative resources before making up their minds.”
Morozov describes the potential that such a move will be judged as Google “shilling for Big Pharma or for Al Gore” as “a risk worth taking”.
This represents a similar argument to Cass Sunstein’s “cognitive infiltration,” an effort by Obama’s information czar to slap government warnings on controversial websites (including those claiming that exposure to sunlight is healthy). In a widely derided white paper, Sunstein called for political blogs to be forced to include pop ups that show “a quick argument for a competing view”. He also demanded that taxes be levied on dissenting opinions and even suggested that outright bans on certain thoughts should be enforced.
Giving companies like Google, which has grown to virtually become the gatekeeper of the entire Internet itself and is already engaging in SOPA-like acts of censorship, the power to denote which political and scientific positions are acceptable and which are fringe “conspiracy theories” is an insult to free thinking and smacks of Chinese-style thought control.
Morozov’s argument is also completely undermined by the fact that the two so-called fringe “conspiracy theories” he forwards as being in need of Google’s thought crime control, skepticism about global warming and the dangers of vaccines, are views held by millions of Americans and are not “fringe” at all.
In addition, polls show that a quarter of Americans, some 75 million of them, believe that vaccines are unsafe and can cause autism. To characterize this as a minority conspiracy belief is like labeling Catholicism as a doctrine of a tiny fringe.
At best, views about global warming and the safety of vaccines can be described as being split, but to claim that skepticism over man-made climate change and the dangers of inoculations are “kooky” fringe conspiracy beliefs, as Morozov does in his article, is brazenly inaccurate and exposes the agenda-driven bias of his rhetoric.
This is further illustrated by the reader comments, which almost universally deride Morozov and attack his argument as being a thinly veiled demand for Internet censorship.
“The day Google starts doing things like this is the day I find a new search engine,” writes one.
“So, you are a supporter of internet censorship? Only of information that you disagree with, of course. So I assume Slate and NAF did not support the recent action regarding SOPA?” adds another.
Morozov’s rhetoric is merely one aspect of the wider move to turn the Internet into an echo chamber of establishment propaganda, drowning out alternative voices to the benefit of large pharmaceutical companies who make billions from selling risky vaccines and scientific bodies whose very survival depends upon the global warming myth being upheld.
It represents another effort to win an information war the establishment is currently losing, as Hillary Clinton herself admitted, by not just creating a new Orwellian Internet Ministry of Truth, as Bill Clinton demanded, but by ascribing this role to the very gatekeeper of the Internet itself – Google.
- Prison Planet.com ” Soros Mouthpiece Calls On Google To Police “Conspiracy Theories” (gunnyg.wordpress.com)
- | Regulatory Czar wants to use copyright protection mechanisms to shut down rumors and conspiracy theories! (truthaholics.wordpress.com)
- Regulatory Czar wants to use copyright protection mechanisms to shut down rumors and conspiracy theories (wattsupwiththat.com)
George Soros is no stranger to Blaze readers. The billionaire currency speculator and philanthropist has long been in the news, especially since the fateful day in 1992 when he helped crash England’s economy. In fact, since that day, he has been commonly referred to as “the man who broke the bank of England.”
Soros is shrewd, he has a keen eye for investments, and he knows how to play the markets. Therefore, when he makes a prediction, it might be safe to say it’s worth a listen. After all, his predictions (among other things) have made him the multi-billionaire he is today.
So you might want to pay attention to a recent story from The Daily Beast that claims George Soros is nervous about the future of the global economy and that he warns of dark things to come.
“At times like these, survival is the most important thing,” Soros said.
As he sees it, the world faces one of the most dangerous periods of modern history—a period of “evil,” writes the Beasts’ John Arlidge. “Europe is confronting a descent into chaos and conflict. In America [Soros] predicts riots in the streets that will lead to a brutal clampdown that will dramatically curtail civil liberties [emphases added]. The global economic system could even collapse altogether.”
And to add a little color, Aldridge notes Soros says it all while “peering through his owlish glasses and brushing wisps of gray hair off his forehead.”
“I am not here to cheer you up. The situation is about as serious and difficult as I’ve experienced in my career,” Soros told Newsweek. “We are facing an extremely difficult time, comparable in many ways to the 1930s, the Great Depression. We are facing now a general retrenchment in the developed world, which threatens to put us in a decade of more stagnation, or worse. The best-case scenario is a deflationary environment. The worst-case scenario is a collapse of the financial system.”
As mentioned in the above, and as The Daily Beast points out, Soros’ warning is probably based on his natural market instincts as well as personal experience.
“I did survive a personally much more threatening situation, so it is emotional, as well as rational,” Soros said in reference to his personal experiences with both Nazi and Communist occupations.
“The collapse of the Soviet system was a pretty extraordinary event, and we are currently experiencing something similar in the developed world, without fully realizing what’s happening,” Soros said.
“Unrestrained competition can drive people into actions that they would otherwise regret,” Soros said. “The tragedy of our current situation is the unintended consequence of imperfect understanding. A lot of the evil in the world is actually not intentional. A lot of people in the financial system did a lot of damage without intending to.”
Wait a minute. Soros believes that the economic meltdown was the result of not just poor investments but honest-to-God “evil”?
“That’s correct,” Soros affirmed.
Soros continued in this vein, each prediction getting darker and grimmer than the last.
He believes that the EU must be held together because “if you have a disorderly collapse of the euro, you have the danger of a revival of the political conflicts that have torn Europe apart over the centuries—an extreme form of nationalism, which manifests itself in xenophobia, the exclusion of foreigners and ethnic groups.”
“In Hitler’s time, that was focused on the Jews,” Soros said. “Today, you have that with the Gypsies, the Roma, which is a small minority, and also, of course, Muslim immigrants.”
It is “now more likely than not” that Greece will formally default in 2012, Soros said. For this, he blames the EUs’ leadership and believes that eurozone leaders only know how to “do enough to calm the situation, not to solve the problem.”
Soros then went on to talk about how the Occupy Wall Street movement has added to the ever-changing dynamics in the world economy. Debt, Wall Street and capitalism have been put under intense scrutiny and people are becoming increasingly angry.
As this anger intensifies, will the inevitable result be a spontaneous eruption of violence and riots?
“Yes, yes, yes,” Soros says, almost “gleefully.”
However, according to Soros, worse than the riots and violence will be the government reaction.
“It will be an excuse for cracking down and using strong-arm tactics to maintain law and order, which, carried to an extreme, could bring about a repressive political system, a society where individual liberty is much more constrained, which would be a break with the tradition of the United States,” Soros said.
Perhaps because he sees such a dark future for the West, Soros has staked his “hopes” for the global economy in Middle East and the “democracies” that are springing up over there.
“While the developed world is in a deep crisis, the future for the developing world is very positive,” Soros said. “The aspiration of people for an open society is very inspiring. You have people in Africa lining up for many hours when they are given an opportunity to vote. Dictators have been overthrown. It is very encouraging for freedom and growth.”
Soros insists the key to avoiding cataclysm in 2012 is not to let the crises of 2011 go to waste, writes John Arlidge.
“In the crisis period, the impossible becomes possible,” Soros said. “The European Union could regain its luster. I’m hopeful that the United States, as a political entity, will pass a very severe test and actually strengthen the institution.”
- Obama-Soros Promote “Open Government” (mb50.wordpress.com)
- Soros Plots Museveni’s Coup (mb50.wordpress.com)
- Why U.S. military in Uganda? Soros fingerprints all over it (mb50.wordpress.com)
- Obama’s Uganda Gambit to serve Soros (mb50.wordpress.com)
- Prison Planet.com ” Soros Mouthpiece Calls On Google To Police “Conspiracy Theories” (gunnyg.wordpress.com)
- Soros says euro split would be catastrophe: report (marketwatch.com)
- Soros: Euro Crisis More Serious than the Crash of 2008 (wallstreetpit.com)