You had better start buying food and storing it fast

 E commerce Invisible bar code tattoo TO BUY AND TO SELL = E COMMERCE = Mark of the beast.

Feast or famine the wise always prepare.

God's children live by faith not by fear as we asked the spirit of God into our hearts.

These people are selling fear through so many articles but we are definitely on the door step of a disaster !

The Freemasons who rule like to tell us what they are planning hoping we will ignore them !

They are getting ready to destroy the global economy .. Very likely at Damascus nuclear destruction or just before.

READ AND SEE WHO SAID THIS !

This Omen in recent investigations reveals = When one of these warnings is signalled, an investor needs to remember that it's simply telling you conditions exist for something to happen, but it doesn't necessary mean it will happen. It's nice to know, more or less. markets have crashed after these indicators 25 % of the time !

On Thursday August 12, the US equities market triggered a confirmed technical indicator known as the “Hindenburg Omen." This omen, as you may have guessed, suggests that a stock market crash is on the way. However, it doesn’t mean just any crash -- according to Albert Edwards, a London-based strategist at Societe Generale SA, the indicator means “a savage equity downturn is imminent."
The level of attention and significance given to this omen is truly unparalleled in the world of technical analysis, and for good reason.
Every NYSE crash since 1985 has been preceded by a Hindenburg Omen.
Based on historical stats, the probability of a panic sellout is 41%, while the probability of a major stock market crash is 24%.
Out of the previous 25 confirmed signals, only 8% (two) have failed to predict at least a mild decline in equities markets.
The probability of a move greater than 5% to the downside after a confirmed Hindenburg Omen is 77%, and usually takes place within the next 40 days.
As a result, the Hindenburg Omen is indeed the most feared indicator for Wall Street bulls. However, when the infamous omen starts showing itself two times in two days, that’s when things can get really scary.
Thursday, August 12, was indeed a Hindenburg Omen; 100% confirmed by technical analysts worldwide. I’ve come across news stories in English, French, German, Italian, and Portuguese all proclaiming the arrival of the dreaded Omen. Suffice to say -- it’s a big deal covered by every major financial outlet, and nobody in the industry doubts its significance.

We will soon see as today's news says Aug 21 is deadline for attack on main nuclear facility all the war preparations are for . U.S. BOLTON SAYS RUSSIA'S FUEL TO REACTOR LEAVES AUG 21 DEADLINE TO ATTACK THAT PLANT - AUG 15

Chinese rating agency strips Western nations of AAA status - July 13

Dagong Global Credit Rating Co used its first foray into sovereign debt to paint a revolutionary picture of creditworthiness around the world, giving much greater weight to “wealth creating capacity” and foreign reserves than Fitch, Standard & Poor’s, or Moody’s.

The US falls to AA, while Britain and France slither down to AA-. Belgium, Spain, Italy are ranked at A- along with Malaysia.

Meanwhile, China rises to AA+ with Germany, the Netherlands and Canada, reflecting its €2.4 trillion (£2 trillion) reserves and a blistering growth rate of 8pc to 10pc a year.
 

Maywood, California, lays off all city employees - July 4

...1.5-square-mile municipality, which has about 45,000 residents.

25 Signs That Almost Everyone Is Expecting An Economic Collapse In 2010

Must read article !!!!

Medvedev Says He ‘Cannot Rule Out’ Collapse of Euro - June 18

We saw this coming:
Bernanke: More rescue money may be needed for Europe - June 9

A euro stabilization package of nearly $1 trillion may be enough to protect Greece, Portugal and Spain from volatile credit markets, said Federal Reserve chairman Ben Bernanke to the Woodrow Wilson Center, but investors were not yet convinced Europe’s debt problems would be resolved, and even more money may be needed.

Risks to global economy have 'risen significantly', top IMF official warns - June 9

“After nearly two years of global economic and financial upheaval, shockwaves are still being felt, as we have seen with recent developments in Europe and the resulting financial market volatility,” Naoyuki Shinohara, the IMF's deputy managing director, said in Singapore on Wednesday. “The global outlook remains unusually uncertain and downside risks have risen significantly.”

Gulf nations like Iran start moving out of euro dollars and heading for dollar and Gold Ingots to the tune of 45 billion euro for Iran alone - June 2

Is the euro about to collapse ??

By my count, this is at least our SIXTH clear, unambiguous warning of danger in the Dow — sent to you in just the last 60 days!

On March 27, Mike Burnick warned you — right here in Money and Markets — that the big stock market rally of 2009-2010 “could come to a crashing end at any time.”

If not, what are you waiting for? How many more warnings must we issue? Please don’t delay. Move swiftly to get your money to safety.

Martin

Cash now !!!

Stocks to Tumble Another 20%, Cash the Safest Place: Roubini - May 21

 In 2006 Roubini predicted the impending housing bust and ensuing financial crisis.  His predictions and comments are widely followed in financial circles.

Richard Russell, the famous writer of the Dow Theory Letters, has a chilling line in today's note:

Do your friends a favor. Tell them to "batten down the hatches" because there's a HARD RAIN coming. Tell them to get out of debt and sell anything they can sell (and don't need) in order to get liquid. Tell them that Richard Russell says that by the end of this year they won't recognize the country. They'll retort, "How the dickens does Russell know -- who told him?" Tell them the stock market told him.

Today's Unprecedented Swiss Bank Intervention Driven By Massive Capital Flight From Germany To Switzerland; Result Was Euro Surge - May 20

Yesterday we disclosed that the reason for numerous SNB interventions in the EURCHF was due to billions in deposits rushing out of Germany and seeking the relative stability of Swiss neutrality.

A quick look at the trading pattern of the GBPCHF shows that it is now UK depositors who are panicking and shifting their money to unnamed (not so much anymore) Zurich bank vaults.

Sunday's deal will only buy time, not addressing the Euro's underlying weaknesses. The currency could still collapse - and indeed, at the end of last week it reached its lowest point against the dollar for 18 months.

The turmoil that has stricken Greece has spread to Romania and Ireland. This crisis may be spreading worldwide as the debt crisis continues, there have been reports that it may spread to Japan, one of the biggest economies in the world. Gerald Celente says that this is the greatest bank robbery in history and it is the banks that are doing the stealing. Root of All evil = Money

Luke 21:28  And when these things begin to come to pass, then look up, and lift up your heads; for your redemption draweth nigh. 

The Antichrist Pope rises to power on the back of these signs and stands in the House of God saying he is God then the Lord comes as the Brightness.

DEBORCHGRAVE- Stock market time bomb- - Derivatives crash could blow up the global economy - May 9

2010 Food crisis and the U.S. dollar impact

Start buying food or wish you had !!

Europe may be months, conceivably weeks away from an expanded debt crisis - may 6

GREECE ON THE BRINK OF A SHUT DOWN AS PROTESTS SET TO STOP MASSIVE CUTS AND BAILOUT ENSLAVEMENT PACKAGE - MAY 6

UK budget deficit 'to surpass Greece's as worst in EU' - May 6

Huge National Debts Could Push Euro Zone into Bankruptcy - May 3

Mason/Jesuit mafia's are planning on pulling the world economies at the time of Iran and Syria's war so it is not if but when and how they will bring on the one world currency/one world ruler/one world religion.

SEE NEWS LINK BELOW THIS = THE FALL OF THE PIIG OPTIONS WILL BRING THE ENTIRE WORLD ECONOMY DOWN.

FIRST THE MAFIA OF CATHOLIC/GREEK MASONS BROUGHT US THE GLOBAL FRAUD CALLED THE SWINE FLU AND NOW THEY ARE UNLEASHING THE CREATED CRISIS CALLED THE PIIG OPTIONS . THEY CALL ALL PEOPLE WHO WILL NOT WORSHIP THE POPE "PIGS OR SWINE" MEANING UNCLEAN . THE POPE IS WORSHIPPED AS LUCIFER AND DEATH WORLD WIDE MAKING HIM THE DEVIL AND HIS CHILDREN THE DOERS OF THIS EVIL AS THEY AS THE HAND OF THEIR FATHER.

If the IMF believes that over half a trillion in short-term funding is needed imminently, is all hell about to break loose.
 

An $84.2 billion increase in one month, or annualized, a significantly more than 100% run rate?

Something's not right here folks. I can't find the rest of the one-week ramp yet, as the data is not current enough for me to do so, but that's an insane increase.

I will attempt to address the following here in this piece.
1. Comex “crash” may not induce the “parabolic rise” some are waiting for.
2. “Elite” may well actually allow this to happen as they could care less and most will have no recourse in such an event.
3. A gold “bust” could actually be the cause of some type of “meltdown” that we do not see coming besides munis, cdo’s, cds etc.
And of course to continue to debunk “gold will be the new currency and the only way to survive” fear and greed based mandate of “gold bugs”

You had better heed the warning to get your money out of Gold and into cash or wish you had....the crash of 2010 is coming ! Buy food, tents/campers and water supplies soon as this day is fassssst approaching . Remember the Swine flu was a global fraud and now we have the PIIG options that will certainly bring about a crash. Plastic will be useless in the coming crash. Prepare now ..right now !

Bank Collapse Coming 10K Limit on Wire Transfers 2010 - Mar 25

Video !

Federal Reserve Must Disclose Bank Bailout Records! Final Nail in the U.S. Coffin! - Mar 25

Federal Reserve Must Disclose Bank Bailout Records- Mar 25

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=av.qKiyQh6gA

Underemployment Hits 20% in Mid-March- Mar 25

http://www.gallup.com/poll/126821/Underemployment-Hits-20-Mid-March.aspx

Fox News Poll: 79% Say U.S. Economy Could Collapse- Mar 25
http://www.foxnews.com/politics/2010/03/23/fox-news-poll-say-economy-collapse/

Congress is lurching toward legislation to renovate the financial-regulatory system to reduce the risk of another devastating crisis. Finally, the unveiling of a 1,336-page bill by Sen. Christopher Dodd, the Connecticut Democrat who chairs the Senate Banking Committee, was significant. The move showed he is determined to move a bill through the committee despite his inability to get even a few Republicans to sign on.
 

Latvia government collapses amid economic crisis - Mar 19

Latvia's coalition government has collapsed after failing to tackle a crippling economic crisis

Condition Red: More Hidden Greek Debt Exposure Discovered - Mar 7

TAKE NOTE HERE THEY CALL THESE PIIGS AND WE JUST HAD THE GLOBAL FRAUD CALLED SWINE FLU ? THE CATHOLIC JESUITS AND THE FREEMASONS CALL ALL PEOPLE WHO WILL NOT WORSHIP THE POPE SWINE !

According to a report out last week, there is huge off-balance-sheet debt guaranteed by Greece and the other PIIGS, Portugal, Italy, Ireland and Spain. In addition to similar debt guarantees issued by other governments.

Gordon Long, founder of a private venture-capital fund, said in an investor note that there is more than $600 trillion in notational value in the global derivative market, with $437 trillion of it tied to interest rate swaps.

"Any credit event could trigger a cascading event," Long wrote in the report, according to NyPo. "It does not have to be default; it could be a downgrade in swap contracts that would do the trick for a collateral call. Something is going to cause it to topple, whether it's a situation in Dubai, Greece or New Jersey."

Get ready for the hedge fund hyenas, "PIIGS" (as the Soros/Goldman boys have callously named you). They're cooking up ways to attack sovereign debt and the bonds of your governments as we speak. America may even be next. I wonder how many sheep of the two party system will still be chanting "down with big government" when the billionaires intentionally collapse our system.

MONEY IS THE ROOT OF ALL EVIL - BILLIONAIRE BANKERS = CATHOLIC/FREEMASON MAFIA!

Prominent Investor: Pound Could Collapse Within Weeks - Feb 25

Billionaire financier Jim Rogers has predicted that the British Pound could completely collapse within weeks, sending shockwaves throughout the global economy and heralding the beginning of a downturn that would make the recent economic crisis look tame in comparison.

I warn people about the fraudster Alex Jones see the Sun God page for the solid proof. He just said it with his own lips the best way to control the truth is to lead it !

Citigroup Says Feds Ordered 7 Day Restriction On Bank Withdrawals - Feb 22

A new advisory being sent by America’s third largest bank to its account holders has stoked fears that major financial institutions could be preparing for old fashioned bank runs if the economy takes a turn for the worse.

“Effective April 1, 2010, we reserve the right to require (7) days advance notice before permitting a withdrawal from all checking accounts.

Buffett's Partner: 'It's Over' for U.S. Economy - Feb 22

Charlie Munger, Warren Buffett’s long-time business partner in Berkshire Hathaway, warns in a new column that the U.S. economic empire is crumbling before our eyes, thanks to federal debt and poor planning.

On the Brink of a Bond Market Apocalypse - Feb 22

The bottom line: In less than one decade, investors who trusted Washington and Wall Street were fleeced to the tune of $22.1 TRILLION!

You don’t need a PhD in economics to know what’s next: Like the Tech Bubble and Real Estate Bubble that preceded it, this new bubble will also burst, wiping out trillions more dollars of invested wealth

Debt Dynamite Dominoes: The Coming Financial Catastrophe - Feb 22

The people have been lulled into a false sense of safety under the rouse of a perceived “economic recovery.” Unfortunately, what the majority of people think does not make it so, especially when the people making the key decisions think and act to the contrary. The sovereign debt crises that have been unfolding in the past couple years and more recently in Greece, are canaries in the coal mine for the rest of Western “civilization.” The crisis threatens to spread to Spain, Portugal and Ireland; like dominoes, one country after another will collapse into a debt and currency crisis, all the way to America.

Morgan Stanley Strategist: There is going to be an economic collapse! - Feb 16

Bloomberg reported earlier this week that the former chief global stategist for Morgan Stanley is telling people to prepare for the worst. One more time folks, this is no conspiracy theorist. Barton Biggs, MORGAN STANLEY'S FORMER CHIEF GLOBAL STRATEGIST is telling you there is going to be an economic collapse.

China's holding of US Treasuries tumbles - Feb 16

China's holding of US Treasury bonds has tumbled, according to US Treasury data released Tuesday, after Beijing expressed concern over the swelling US deficit and amid new US-China tensions.

The drop in China's bond holdings by 34.2 billion dollars or 4.3 percent to 755.4 billion dollars in December also fueled the biggest drop in foreign purchase of short-term US bonds, said the Treasury's latest international capital data report and based on comparative figures.

China's US bond holding decline was also its biggest drop since August 2000 and allowed Japan to regain its position as top holder of American government debt after a 15-month hiatus.

French Bank: Euro Collapse 'Inevitable' - Feb 16

Credit Suisse Declares the U.S. a Riskier Investment Than Indonesia - Feb 12

Amid fears that Switzerland might come to an agreement with the United States on banking privacy and tax evasion disclosures, Credit Suisse issued a report identifying those countries it determined to have the highest risks of default on their sovereign debts. Number 16 on the list was the United States, based primarily on its 2009 budget deficits and government debt.

Beijing Seen Vacant for 50% as Chanos Predicts Crash - Feb 12

Jack Rodman, who has made a career of selling soured property loans from Los Angeles to Tokyo, sees a crash looming in China. He keeps a slide show on his computer of empty office buildings!

China Orders Retreat From Risky Dollar Assets - Feb 11

China has ordered managers of its vast currency reserves to withdraw from risky dollar assets and retreat to core debt guaranteed by the US government, a clear sign that Beijing is battening down the hatches for fresh trouble on global markets.

House votes to permit $1.9 trillion more debt - Feb 4

U.S. government close to debt ceiling - Feb 3

Treasury said it is working closely with Congress to raise the ceiling. The Senate has approved legislation to increase it by $1.9-trillion to $14.3-trillion. A ceiling that high would equal about $45,000 for every American. The House is expected to vote on the increase Thursday.

I warn all to be very aware of next week up to Feb 28 as Egyptian military sources have exposed the U.S. and Israel are moving into positions to launch this massive Nuclear war which will bring on Project Blue Beam and it happens during a time when great famine begins to come to pass so keep your eyes open as we are about to see the global economic collapse soon... maybe Tuesday . The wise prepare for evil when they see it coming but the simple do not.

FED GAVE Banks Access to 23.7 TRILLION DOLLARS NOT $700 Billion! - Feb 2

California controller: State will run out of cash before April - Jan 31

State Controller John Chiang issued a stern warning Friday about California's cash reserves, telling legislative leaders and Gov. Arnold Schwarzenegger they must act on nearly $9 billion in budget cuts the governor is seeking by March — or the state will run out of cash to pay its bills.

To that end, Chiang is calling for an additional $2 billion in cash-flow "solutions." Looking at previous cash crunches, that could mean some payments, like income tax refunds, would be delayed for a few weeks to keep the cushion intact.

This economy is the 10 largest in the world beating out Canada and even Russia .... what impact do you think it will have on the entire world if it collapses ....as it is about to.

War with Iran and Syria looks to be planned for the week during the coming Olympics Feb 12 - 28 See my home page at the top for more proof of this.

Crash prediction of 2010 by the mason insider Gerald Celente

This man has not been wrong yet because he is on the inside!

Start buying food and prepare for the coming global economic crash.

Funds flee Greece as Germany warns of "fatal" Euro zone crisis - Jan 29

Senate permits gov't to borrow an additional $1.9T - Jan 28

The Democratic-controlled Senate has muscled through a plan to allow the government to go a whopping $1.9 trillion deeper in debt.

The party-line 60-40 vote was successful only because Republican Sen.-elect Scott Brown has yet to be seated. Sixty votes were required to approve the increase. The measure would lift the debt ceiling to $14.3 trillion. That's about $45,000 for every American.
Money out of thin air !!!

Trailer shipments hit 32-year low in 2009 - Jan 25

Truck trailer shipments dropped to levels not seen since 1975, according to figures compiled by ACT Research Company of Columbus, Indiana.

A smart person would sell there Gild and guy seeds and Food as they will soon be worth far more than gold . This finding could become the vehicle for the coming crash. The Freemason Mafia could expose this and make a killing from the crash. Massive inflation would follow.

A recent discovery — in October of 2009 — has been suppressed by the main stream media but has been circulating among the “big money” brokers and financial kingpins and is just now being revealed to the public. It involves the gold in Fort Knox — the US Treasury gold — that is the equity of our national wealth. In short, millions (with an “m”) of gold bars are fake!

Who did this? Apparently our own government.
 

December deficit nearly doubles - Jan 13

The U.S. government posted a deficit of $91.9 billion in December, nearly double the shortfall of a year earlier and marking the government's 15th straight month in the red, the Treasury Department reported Wednesday.

Goldman Sachs: Record of $23 billion in bonuses for 2009; explaining their economic parasitism - Jan 3

2 links below and you will see 4 trillion in bailouts and here we can see were the money is actually going !

Unlocking the Foreclosure Box – The Most Comprehensive Shadow Inventory Housing Analysis for Los Angeles County. Examining 269 Zip Codes and Finding 100,000 Shadow Properties while Public Views 19,000. - Jan 3

In a nutshell, for every home now in a foreclosure sale, there are 5 more in the pipeline headed for the marketplace, and when they all get there, prices will crash.

HR 4173: Congress promises banksters $4 trillion without hearings next time they cry, "Bailout!" - Jan 1

Prominent financial futurist Gerald Celente calls what the oligarchic collusion of government and banksters are doing to the American public as economic rape. Bailout overseer and Harvard law professor Elizabeth Warren calls it reckless gambling. After the year of the world’s largest transfer of wealth from US taxpayers to banksters, Congress is telling the US taxpayers, “TARP off,” by guaranteeing the banksters another $4 TRILLION next time they claim they’re holding the US economy hostage. The bill also limits debate to 10 hours, which could be eagerly construed to mean no hearings.
 

Arizona's Coming Government Collapse - from Governor Jan Brewer - Dec 23

We face a state fiscal crisis of unparalleled dimension – one that is going to sweep over every single person in this state as well as every business and every family.  That is why I held an emergency cabinet meeting yesterday morning where I outlined for our state’s elected leaders and business leaders the ills our state faces. As I told them yesterday, we ARE faced with some of the worst days in our 97-year history.
 

Nightmare for arrow drivers compliments of the freemason owned business - Dec 23

Order through Chaos is the devil worshippers motto and we can see their handy work here!

On Tuesday, as many as 1,400 truck drivers for Arrow Trucking Co., based out of Tulsa, OK, have been frantically trying to figure out their next moves as the company unexpectedly announced it was “suspending all operations” that day.

“I am still in total shock. I just don’t know what to do,” he said.

China: 'The world does not have Money to buy more US Treasuries'...- Dec 20

Chinese officials generally are very careful about commenting on the dollar and Treasuries, given that so much of its US$2.3 trillion reserves are tied to their value, and markets always watch any such comments closely for signs of any shift in how it manages its assets.

Moody's Warns U.S. Could Lose Triple-A Rating - Dec 20

Credit rating agency Moody's (MCO) said Tuesday that the United States, along with 16 other countries, could lose their Triple-A credit rating if fiscal deficits and heavy debts are not effectively managed.

U.S. National Debt Tops Debt Limit - Dec 16

The latest calculation of the National Debt as posted by the Treasury Department has - at least numerically - exceeded the statutory Debt Limit approved by Congress last February as part of the Recovery Act stimulus bill.

One has to wonder if those "extraordinary accounting tools" would be characterized by most honest accountants as "cooking the books"

U.S. Must Control Debt “Or Face Possible Panic in Financial Markets" - Dec 16

The U.S. government must craft a plan next year to get its ballooning debt under control or face possible panic in financial markets, a bipartisan panel of budget experts said in a report on Monday.

Remember now how the fed bailed out bankers have threatened a systematic collapse if this audit goes through ...clearly to be blamed on Saturday sabbath born again Christians by design as Ron Paul is a Jesuit/Freemason himself = Wolf disguised as a sheep.

Dems to lift debt ceiling by $1.8 trillion, fear 2010 backlash - Dec 10

In a bold but risky year-end strategy, Democrats are preparing to raise the federal debt ceiling by as much as $1.8 trillion before New Year’s rather than have to face the issue again prior to the 2010 elections.

U.S. Foreclosures to Reach 3.9 Million in Second Record Year - Dec 10

Foreclosure filings in the U.S. will reach a record for the second consecutive year with 3.9 million notices sent to homeowners in default, RealtyTrac Inc. said.

Arab markets start to crash, Israel unaffected thanks to boycott - Dec 1

Arab markets drop 10% But Dow mysteriously moved up to record high today = U.S. markets are in total disconnect from reality.

The bad guys have total control of the markets so get out now before you loose the farm and your shirt.

The Bankruptcy of the US Is Now Certain - Nov 30

Within the next 12 months, the U.S. Treasury will have to refinance $2 trillion in short-term debt. And that's not counting any additional deficit spending, which is estimated to be around $1.5 trillion. Put the two numbers together. Then ask yourself, how in the world can the Treasury borrow $3.5 trillion in only one year? That's an amount equal to nearly 30% of our entire GDP. And we're the world's biggest economy. Where will the money come from?

As history has shown us they either declare bankruptcy or go to war !

UAE to back banks amid Dubai meltdown - Nov 29

Here They are warning of a crash Monday (Black Monday fears)

List of Black Mondays - Wikipedia, the free encyclopedia

We have to according to scripture see the global collapse begin before Damascus destruction so it just could happen Monday before the prisoner release.

Keiser on 'Tsunami alert': Dubai debt crisis awakes storm? - Nov 27

Dubai's troubled economy causes share crash Nov 2009 - Nov 27

This event is timed for the Muslim Holiday so as to get no answers from the people in the so called know hummmmm... why ?

Clearly another fear inducing event pre Iran and Syria's Nuclear attack by the U.S. and Israel coming soon .,..possible directly after this prisoner release any day now .

Dubai Balks at Debt Payment, Rattles Global Markets - Nov 26

Stock markets in Germany, France, Spain and Italy were all down about 2pc in early afternoon trading as investors retreated from riskier assets. Investors spent the morning digesting the news that Dubai World, the government investment company with $59bn of liabilities, is seeking to delay repayment on much of its debt. Price for European government bonds rose as investors moved money into safer assets.

“Dubai isn’t doing risk appetite any favours at all and the markets remain in a vulnerable state of mind,” Russell Jones, head of fixed-income and currency research at RBC Capital Markets, told Bloomberg. “We’re still in an environment where we’re vulnerable to financial shocks of any sort and this is one of those.”

The credit default swaps, instruments investors use to protect themselves against a borrower defaulting, linked to Dubai’s debt jumped more than 100 basis points to 571. Fears over Dubai’s finances rippled out to a host of other emerging-market assets, including Russia’s Micex stock index and Vietnam’s currency.

China banks' rush for billions could trip markets - Nov 25

Chinese banks, under government pressure to shore up their finances, are set to unleash a wave of billions of dollars in capital raising that could strain equity markets but also spur innovation in debt instruments.

Bank 'problem' list climbs to 552 - Nov 24

Despite the frenetic pace of bank failures this year, 552 lenders are still at risk of going under, according to a government report published Tuesday.

You add the war with Iran and Syria within weeks directly after prisoner swap this Friday and all the bankers will go on holiday (close their doors). We will soon see the 1000 banks fail this year as predicted in the news earlier this year.

13 Million Negative Equity Homeowners and Negative Equity FDIC: The Shackles of Debt Leverage on the American Economy. FDIC $8.2 Billion in the red with 552 Troubled Banks on the Revised List - Nov 24

Banks face major commercial real estate storm - Nov 19

Top Eurobank prepares for 'global economic collapse' - Nov 19

Global collapse over the next two years ! Just add the nuclear attack on Iran and Syria and down she comes in one week.

Video: Falling U.S. Dollar: It’s Lack of Demand, Not Rising Supply, Says Dow - Nov 17

In the following video Mark Dow a hedge fund manager at Pharo Management talks to Tech Ticker about the falling dollar and how the Federal Reserve is impacting the dollar’s value...

Nine U.S. States Face California-Type Budget Crisis, Pew Says - Nov 13

At least nine U.S. states face similar fiscal strains brought on by the global recession as those that left California on the brink of insolvency four months ago, according to the Pew Center for the States.

Arizona, Florida, Illinois, Michigan, Nevada, New Jersey, Oregon, Rhode Island and Wisconsin are dealing with declining tax revenue, resurgent deficits and increasing unemployment and home foreclosure rates, the center, a public policy research group, said in a report. All but New Jersey, Illinois and Wisconsin also have been hampered by a rule requiring a two- thirds legislative vote to approve tax increases, the report said.

Shocking numbers: Real unemployment tops 22%

Barclays: Commercial Mortgage Delinquencies Soar - Nov 4

Delinquencies in commercial mortgage-backed securities (CMBS) accelerated in October, according to a report from Barclays Capital (BarCap). The 30-plus day delinquency rate jumped 41bps to 5.5% in October as current loans deteriorated and transferred to special servicers.

David Estulin Says G-20 Meeting in Scotland this Week about Dumping U.S. Dollar

Best-selling author Daniel Estulin states that the key issue to be discussed this week at the G20 Finance Ministers and Central Bank Governors Meeting, being held in St. Andrews, Scotland, is how to bring down the present world financial system through dumping the US dollar. Estulin first reported on this initiative as being deliberated at the most recent Bilderberg meeting held in Greece in May 2009. Estulin says that the success or failure of this callous plan hinges on the ability of the US and UK representatives to convince the Russian, the Chinese and other national governments to go along with their scheme.

Estulin maintains that if the co-conspirators succeed, such sudden devaluation of the US dollar would result in the sinking of the world economy through a chain-reaction collapse of the entire world’s financial system. As discussed during the Bilderberg Group’s super-secret conclave back in May, this breakdown would then be used as an excuse to launch a new world monetary system. G20 leaders are aware that those who run the monetary markets, the monetary system, control the world. That is why today, the world is run through a dominant one-currency monetary system and not by national credit systems.

A severe breakdown crisis would affect every corner of the world and be a prelude to instability, wars and general hostility along financial, geographical and geopolitical lines, affecting not only particular countries but also societies, cultures and whole continents. Such a breakdown could result in a consolidation of the world’s monetary system.

This initiative, the moving away from the US dollar as a world currency, is the true intention of the G20 meeting November 6-7 at St. Andrews in Scotland, the site of the 1998 Bilderberg conference, Estulin asserts.

The IMF announcement yesterday that it had sold virtually half of its planned 403.3 tonnes of gold, destined to increase its resources for lending to low-income countries, to India came as something of a surprise to the market. Not perhaps that a Central Bank had made the purchase, but the hard money had been on China to do so, not India.

U.S. Home Vacancies Rise to 18.8 Million on Defaults - Oct 30

About 18.8 million homes stood empty in the U.S. during the third quarter as banks seized properties from delinquent borrowers and new home sales fell in September.

Billionaire Wilbur Ross Sees Huge Commercial Real Estate Crash - Oct 30

“All of the components of real estate value are going in the wrong direction simultaneously,” said Ross, one of nine money managers participating in a government program to remove toxic assets from bank balance sheets. “Occupancy rates are going down. Rent rates are going down and the capitalization rate the return that investors are demanding to buy a property are going up.”

New home sales take surprise tumble - Oct 29

The "Experts" caught off guard again.

New jobless claims climb more than expected - Oct 29

The "Experts" caught off guard again.

New jobless claims climb more than expected - Oct 29

The "Experts" caught off guard again.

Turkey to use national currencies in trade with Iran, China - Oct 29

Turkey had to change sides and fight against the West to fulfill Prophecy as they are widely believed to be the house of Togarmah.

What Recovery? 937,840 Foreclosures Q3 - Oct 28

What recovery? There were 937,840 foreclosures in Q3 in the US, according to RealtyTrac, the highest quarterly level since they starting issuing reports in 2005.

Capmark Files for Bankruptcy With $21 Billion in Debt - Oct 26

Capmark Financial Group Inc., the lender owned by companies including Goldman Sachs Group Inc. and KKR & Co., filed for bankruptcy protection after posting a second-quarter loss of about $1.6 billion.

Capmark, based in Horsham, Pennsylvania, is one of the largest U.S. commercial real estate finance companies, with more than $10 billion in originations, according to Moody’s Investors Service. The company, formerly known as GMAC Commercial Holding Corp., services more than $360 billion of debt. It has struggled as the default rate on commercial mortgages held by U.S. banks more than doubled to the highest since 1994.

Peter Schiff issues a Red Alert: "Get out of the US dollar" - Oct 23

Is a Fed Governor Hinting at a Stock Market Crash Just Ahead? - Oct 23

Possible Credit Dislocation: Be Warned - Oct 23

I am hearing repeated anecdotes from multiple areas that foreclosed property held by banks with multiple full-price offers that include a financing requirement are being sold instead to people with actual cash at radical reductions from that price. This implies that these financing contingencies are regarded as not only potentially no good but factually no good, as if the banks know for a fact that the credit pipeline will (not might), within weeks or months (in the time required to close), disappear. There is no other rational explanation for this behavior.

3 signs of the next real estate collapse - Oct 22

The latest bubble is about to burst, but this time it's in the commercial market. Here's how to see it coming.

Dollar Dumping Will Remain the Hot Trade - Oct 21

Currency strategists say there is little to stop the dollar decline until U.S. officials convince markets they have the fortitude to curb deficits, or the Fed makes a move on rates.

Calif. bank becomes 99th in US to be shut in 2009 - Oct 19

Russia and Iran Now OFFICIALLY Talking of Dumping U.S. Dollar for International Trade - Oct 18

Britain is in danger of going bust, warns EU - Oct 16

Britain's economy was consigned to a list of those at 'high risk' yesterday because of the spiralling national debt.

Deficit Hits $1.4 Trillion, Complicating Stimulus Plans - Oct 16

Federal deficit hits $1.38 trillion in August - Sept 13 you do the math !

Bank Of America Posts $2.2 Billion Loss - Oct 16

Bank of America Corp. said Friday it lost more than $2.2 billion in the third quarter as loan losses kept rising, providing further evidence that consumers are still struggling to pay their bills.

Goldman Sachs breaks record with $16.7bn bonus pot - Oct 16

So where did that bail out money go ????

As Foreclosures Hit All-Time High, Wall Street on Pace to Hand Out Record $140B in Employee Bonuses - Oct 16

Watch the video at the link! The interview with Prof. William Black starts at 14:14!

Foreclosures: 'Worst three months of all time' - Oct 15

1929 And Today - Sobering Parallels Abound - Oct 15

When was the last time you saw stocks decline 54% followed by a 55% rally? When was the last time you saw stocks (NYSEArca: VTI - News), bonds (NYSEArca: AGG) and commodities (NYSEArca: DBC - News) move in sync for nearly two years? When was the last time asset allocation did not really provide the diversification and protection it was supposed to? When was the last time, a ten year investment in the stock market delivered negative returns? Investors that care to harken back 80 years will find that the 1929 - 1932 era is the only period of time that compares to today. In fact, the parallels between now and then are bountiful and scary.
 

RON PAUL WARNS OF PENDING DOLLAR CRISIS SAYS STRIKE ON IRAN WILL BE THE TRIGGER - OCT 14

I HAVE BEEN SAYING THIS FOR MONTHS !

Fed boss Ben Bernanke may be forced to raise rates in order to restore faith
in the dollar — and help bring the euro and the yen back to earth.

The G-7 Abandons The Dollar - Oct 9

The U.S. Dollar is doing a levitating act because their certainly is nothing holding it up.

Iraq to Deal Oil in Euros - Oct 9

Mainstream Medias Failed Reporting on the Dollar Collapse - Oct 8

AS of 7:09 AM ET CNBC and Marketwatch do not have anything on their front page about the Asian intervention in foreign currency markets to prop up the collapsing dollar.  FT has a general story on the weak dollar four stories down. WSJ covers it, but only half way down, in the "Before the Bell" segment. Let me make clear what MSM is obviously not getting. Panic out of the dollar is the great tsunami that could rock the financial system to its core. If this escalates. It means soaring double digit U.S. inflation, a near impossible ability for the U.S. government to finance its debt, a complete restructuring of the international financial structure.

Asian Central Banks Intervene as Dollar Tumbles - Oct 8

HOT: Dollar Intervention!!! - Oct 8 2009

Things are really bad when the Philippines is propping up the dollar. The Philippines!

These declines are really hard to stop, near impossible. Is this the the start of the tsunami wall of dollars that could hit markets?

OCTOBER 09 ECONOMIC CRASH EXPECTED !!! GLOBAL RECOVERY NOT GOING TO HAPPEN !!! BANK HOLIDAY - OCT 7

CRASHES MOST OFTEN HAPPEN IN OCTOBER !

Profit news could make or break the bull stock market - Oct 7

Two months to fall from 9731 Oct 6 close to 6300 = crash

UN calls for new reserve currency - Oct 6

Can you see the storm clouds forming ?

Fed Should Release Borrowers’ Names, Bloomberg Say

Divulging specifics about the loan program might touch off a run by depositors, unsettle shareholders and hurt the central bank’s “ability to perform important statutory functions at a time of economic upheaval,” Fed lawyers have said in legal filings.

SEE NEWS BLOW THE FED THREATENED A SYSTEMATIC COLLAPSE IF THEY ARE FORCED TO DIVULGE THIS INFORMATION.

The demise of the dollar - Oct 5

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.

That's one-half of the foreign demand for the U.S. dollar.

Game Crazy and the Coming Retail Crash - Oct 4

Yesterday Game Crazy announced it’s going to close over 200 of its 680 stores. The goal of the closings is to liquidate merchandise in the hope that the company can raise enough money to keep the remaining stores open.

Some may remember that Circuit City tried a similar move in October of last year when they announced the liquidation of 30% of their stores. The company had thought the liquidations would give them enough cash to save the rest of the chain, but things didn’t go as planned and Circuit City had to liquidate...

World Bank and IMF join global attack on the U.S. dollar! - Oct 4

In my emails to you over the past couple of weeks, I’ve shown you why Washington has no choice but to devalue the dollar and how global leaders and even the United Nations have joined the attack on the greenback by demanding it be replaced as the world’s reserve currency.

Will California become America's first failed state? - Oct 4

Los Angeles, 2009: California may be the eighth largest economy in the world, but its state staff are being paid in IOUs, unemployment is at its highest in 70 years, and teachers are on hunger strike. So what has gone so catastrophically wrong?

World Bank could run out of money 'within 12 months' - Oct 2

InkStop Closes All Stores, Workers Stunned - Oct 2

All employees have been laid off. To make matters worse, workers did not get their paychecks Friday. On top of that, they also found out that InkStop didn't pay their health insurance premiums for the month of September. Employees just learned that their coverage actually ended August 31. The Cleveland-based company has 163 stores nationwide.

Crash/Collapse Dead Ahead Say Faber, Rogers, Dent and Celente - Oct 2

Though we continue to see most mainstream analysts talk the bull market talk, it looks as if the bull may be in trouble, especially if individual investors realize what all of the big boys talking their books already know - that the economic fundamentals are simply horrific and the markets are already pricing in GDP growth of over 5% for the next 4 quarters. Considering that GDP grew at 0.7% in the 2nd quarter, that seems highly unlikely. Some estimates also suggest the the P/E of the S&P 500 right now is at unprecedented levels of over 100!

CIT 'Hanging by Their Fingernails': Source - Sept 30

If Bondholder Deal Doesn't Go Through, Major Lender CIT Could File One of Largest Bankruptcies in History.

Another largest in history ... when do they stop

Option ARMs in Financial Pain: 900,000 Mortgages and 1 out of 4 either Seriously Delinquent or in Foreclosure. OCC and OTS Report Shows Foreclosures Still Growing. - Sept 30

US May Face 'Armageddon' If China, Japan Don't Buy Debt - Sept 24

"It's almost Armageddon if the Japanese and Chinese don't buy our debt,” Robertson said in an interview. "I don't know where we could get the money. I think we've let ourselves get in a terrible situation and I think we ought to try and get out of it."

Iran Replaces The US Dollar With The Euro…And So It Begins - Sept 23

U.S. Aug mass layoffs rise, manufacturing worst hit - Sept 23

Commercial market headed for disaster -Sept 23

The pestilence and famine are coming together for the same time Iran and Syria are to get attacked all by design Project Blue Beam

1 in 4 FHA Mortgage Loans in Foreclosure or Delinquency - Sept 21

The current FHA report is now out for servicing delinquencies and defaults, and as expected it is indeed worse, not better. The administration continues to LIE about claimed “improvements” in the character of home finance.

22.9% of all FHA loans are either delinquent or in foreclosure.
 

California Joblessness Reaches 70-Year High - Sept 21

California’s unemployment rate in August hit its highest point in nearly 70 years, starkly underscoring how the nation’s incipient economic recovery continues to elude millions of Americans looking for work.

Just cover your eyes and everything will look great just like

a recovery is around the next corner ...were ever that is.

But in the mean time I have some Swamp land for sale for all who buy that.

Just a few weeks ago, while Chairman Bernanke was testifying to Congress, we examined the Fed balance sheet and P&L statement only to find what looked like the Fed handing over half a trillion dollars to foreigners. This was very surprising! When I asked Chairman Bernanke if this was true, he said, “Yes.” When I asked him who got the money, he said, “Fourteen foreign Central Banks.” And when I asked to who did they give the money, he said, “I don’t know.” “I don’t know” is not good enough when you’re talking about $500 billion. That’s $1700 for every man, woman, and child in this country...
 

Treasury To Sell $112 Billion In Notes Next Week - Sept 17

Lets see if the fed buys them again. Again diluting the U.S. dollar.

September 30th - D-Day for U.S. - Have You Been Paying Attention? Are You Prepared? - Sept 14

Derivatives Meaning = Lets say: A bank has a deposit of $1000 - they are suppose to only lend up to 90% of that deposit out. So they then lend $900 out to someone, now they add that $900 loan to "deposits" - because it is seen as money in the bank. So, now they took that $1000 and made it to $1900 as deposits. So now they are able to loan 90% of $1900 - so they loan $1710 to someone else. Once that happens, again they can add that $1710 as money in the bank. The cycles goes on and on - until the reality is quadtrillion - some say quintrillions is loaned out - in money that is not actually there. Thus we have a house of cards that has no base and that is WHY the banks - don't actually have all the money that are in deposits in the banks. So that means - what you think you have in the bank in the form of money - is NOT THERE!

Are you with me? Do you understand how Derivatives work now - in the most simple terms?
Do you now understand, banks have not put those derivatives on their books - but come Sept. 30th 2009 - due to new banking standards - derivatives need to be put on the books and when that happens - the banking industry will most likely come crashing down.

Here is one example of Banks worrying about the changes,
This is from Georgia's Bankers Association - they released this information last week
link: http://www.gabankers.com/e-Bulletin/2009%20Georgia%20Banking%20update%20-%20September%20(final).pdf
 

Stiglitz Says Banking Problems Are Now Bigger Than Pre-Lehman -Sept 14

Joseph Stiglitz, the Nobel Prize- winning economist, said the U.S. has failed to fix the underlying problems of its banking system after the credit crunch and the collapse of Lehman Brothers Holdings Inc.

“In the U.S. and many other countries, the too-big-to-fail banks have become even bigger,” Stiglitz said in an interview today in Paris. “The problems are worse than they were in 2007 before the crisis.”
 

Federal deficit hits $1.38 trillion in August - Sept 13

A second wave of mortgage defaults is about to come - Sept 10

Can't these people count?

"Clear and predictable..."

Senate must raise debt ceiling above $12T - Sept 10

Now Obama is asking Congress to raise the debt ceiling, something lawmakers are almost certain to do despite misgivings about the federal debt. The ceiling already has been hiked three times in the past two years, and the House took action earlier this year to raise the ceiling to $13 trillion.

Congress has little choice. Failing to raise the cap could lead the nation to default in mid-October, when the debt is expected to exceed its limit, Treasury Secretary Timothy Geithner has said. In August, Geithner asked Senate Majority Leader Harry Reid (D-Nev.) to increase the debt limit as soon as possible.

UN wants new global currency to replace dollar - Sept 8

Insider trading has been thee indicator to watch for the ups and downs to come and he we see the biggest ever recorded !

Warning all of us we will soon see a massive down swing in the markets.

Insider Trading and Investor Sentiment Signalling U.S. Stock Market Top Aug 31/09

TrimTabs Investment Research reported that selling by corporate insiders in August has surged to $6.1 billion, the highest amount since May 2008. The ratio of insider selling to insider buying hit 30.6, the highest level since TrimTabs began tracking the data in 2004.

"The best-informed market participants are sending a clear signal that the party on Wall Street is going to end soon," said Charles Biderman, CEO of TrimTabs.

Bailed Out Banks Threaten Systemic Collapse If Fed Discloses Information - Aug 27

Remember 5 days to disclose were the 2 trillion went is up on Aug 30 th !

Unemployment Edges Up to Great Depression Level - Aug 23

Court Gives Federal Reserve Five Days to Disclose Emergency Bank Loans - Aug 25

The Fed has refused to name the financial firms it lent to or disclose the amounts or the assets put up as collateral under 11 programs, most put in place during the deepest financial crisis since the Great Depression, saying that doing so might set off a run by depositors and unsettle shareholders.

IF THEY DID NO WRONG THEN HOW WOULD IT UNSETTLE SHARE HOLDERS AND SET OFF A RUN ON THE BANKS ???

Days Away From Economic Chaos? - Aug 21

(Freemasons order through Chaos satanic plan to terrorized the world to bring on the Antichrist as if he is god.)

America is just a few days away from a possible day of reckoning. I again call attention to this day, August 25, when the Federal Deposit Insurance Corporation issues its 2nd Quarter report for 2009 on the state of health of American banks.

Even Warren Buffett Is Now Saying Bonds Could Crack!- Aug 21

“No government, or central bank, is bigger than the bond and currency markets. Foreign bondholders aren’t going to sit idly by while any government … even the government of the U.S. … openly decides to trash its currency by printing it with reckless abandon. And they aren’t going to sit by while the government manipulates prices higher.

“They’re going to say ‘Sold to you!’ and take their money elsewhere.”

Global Crash Coming Soon ! Buy food !

Peter Schiff On FOX Business: Buffett's Concerns Valid? - Aug 21

IF WE FORGET THE LESSONS OF THE PAST WE ARE DOOMED TO REPEAT THEM

TWO DAYS IN GERMANY AND THE STORE SELVES WERE EMPTY

PRAY FOR THE BEST BUT PREPARE FOR THE WORST

ESPECIALLY WHEN YOU CAN SEE IT COMING THIS CLEARLY !

Buffett: We're Going to Be Crushed Under Mountain of Debt....with video - Aug 20

A highly influential American has finally hit the panic button about the tremendous mountain of debt the country is piling up.

Last year, Warren Buffett says, we were justified in using any means necessary to stave off another Great Depression. Now that the economy is beginning to recover, however, we need to curtail our out-of-control spending, or we'll destroy the value of the dollar and many Americans' life savings.

Some not-so-fun facts from Buffett's editorial today in the New York Times:

Congress is now spending 185% of what it takes in
Our deficit is a post WWII record of 13% of GDP
Our debt is growing by 1% a month
We are borrowing $1.8 trillion a year
$1.8 trillion is a lot of money. Even if the Chinese lend us $400 billion a year and Americans save a remarkable $500 billion and lend it to the government, we'll still need another $900 billion.

So, where's it going to come from? Most likely the printing press. And, ultimately, Buffett says, that will destroy the value of the dollar.
 

Just what I have been saying for months if you print it you destroy the value of the U.S. currency and no will want to trust to lend to the U.S. = CRASH !!!

Jobless spike compounds foreclosure crisis - Aug 18

The country's growing unemployment is overtaking subprime mortgages as the main driver of foreclosures, according to bankers and economists, threatening to send even higher the number of borrowers who will lose their homes and making the foreclosure crisis far more complicated to unwind.

Chicago shuts down to save money - Aug 20

Public services in the US city of Chicago have been shut down for a day as the authorities face an expected budget shortfall of some $300m (£184m).

Non-essential services such as rubbish collections, libraries and health centres were closed, in the first of three planned reduced service days.

Unemployment claims unexpectedly worsen, rise 15,000 - Aug 20

The number of newly laid-off workers filing claims for unemployment benefits rose unexpectedly for the second straight week, an indication that jobs remain scarce.

There is no such thing as a "jobless recovery."

Why Budget Deficits Matter: Government at a $1.26 Trillion Budget Deficit for the 2009 Fiscal Year. Three Times as Large as Last Year and we still have Two More Months of Data - Aug 17

The notion that deficits do not matter is a widely held and deeply ingrained economic philosophy. This line of thought took a stronghold in the 1980s and has seemed to stick to our ever-growing dismay. Yet budget deficits do matter if we are looking at an economic horizon that is longer than one fiscal year. You need to put this into context of your own household. If you as an average American spend more than you make, it will eventually catch up to you.

RBS uber-bear issues fresh alert on global stock markets - Aug 14

Britain's Uber-bear is growling again. After predicting a torrid "relief rally" over the early summer, Bob Janjuah at Royal Bank of Scotland is advising clients to take profits in global equity and commodity markets and prepare for another storm as winter nears.

"I expect this risk rally to continue into and maybe through a large part of August. What happens after that? The next ugly leg of the bear market begins as we get into the July through September 'tipping zone', driven by the failure of the data to validate the V (shaped recovery) that is now fully priced into markets."

See everything is lining up for early Sept possibly Sept 9 th or Sept 11 th for the strike on Iran and Syria and the global economic crash .

To bring on Project Blue Beam and to put the pope in power in Jerusalem . After which you will be forced to take the E commerce Invisible bar code tattoo to buy or sell = Mark of the beast. See more info under Project blue beam on my home page.

Luke 21:10 Then said he unto them, Nation shall rise against nation, and kingdom against kingdom:

Luke 21:11 And great earthquakes shall be in divers places, and famines, and pestilences; and fearful sights and great signs shall there be from heaven.

Luke 21:28  And when these things begin to come to pass, then look up, and lift up your heads; for your redemption draweth nigh.    NO MORE HELL'S ANGELS HARLOT WAR ON DRUGS FALSE RELIGION 144,000 FREEMASONS.

Luke 21:34 And take heed to yourselves, lest at any time your hearts be overcharged with surfeiting, and drunkenness, and cares of this life, and so that day come upon you unawares.

Project Blue Beam is a false holographic second coming of Jesus. They are planning to create all the prophecies in order to deceive the globalal population into believing the Pope is god when he is the antichrist he comes with all God's power all God's signs and all lying wonders. These are the only signs and lying wonders that are so great that if possible they could deceive the very elect of God. We have to "see" the Lord coming in the clouds to believe he is back and not until.

Get prepared to leave all cities when they begin to mass vaccinate at the beginning of Sept as the many stories I have show this vaccine is extremely hard on the human immune system these news articles show many nations now force vaccinating for a flu that has kill 2000 globally when 30,000 to 40,000 die each year in Americas alone from the seasonal flu. See it here .

Record federal deficit climbs higher, $180.7 billion in July, $1.27 trillion so far this year - Aug 13

U.S. deficit grew 1.27 trillion this year !

U.S. home foreclosures set another record in July - Aug 13

VIX Signals S&P 500 Swoon as September Approaches - Aug 12

Traders were betting the VIX, a gauge of expected stock swings, would increase 13 percent in the next five weeks, according to futures prices at the end of last week compiled by Bloomberg. That’s the biggest spread since August 2008, before the S&P 500 suffered the steepest two-month plunge in 21 years. The indexes have moved in the opposite direction 81 percent of the time over the past five years, Bloomberg data show.

“It’s a danger sign,” said Ronald Egalka, a 36-year options trader who oversees $8 billion as chief executive officer of Rampart Investment Management in Boston. “People expect volatility to pick up in the future, and that implies that there’s going to be a downward movement in the market.”

Here the crash comes and only those of us who asked God forgiveness of our sins and asked God's Spirit into our heart will head the warning signs all others are in big trouble with God.

This next news is Huge as it shows that there is not enough buyers of 50% of the U.S. debt being auctioned.

JUST AS I SHOWED BELOW

The Fed Buys Last Week's Treasury Notes - Aug 7

Good grief!  Just last week, when the auction results were announced it was trumpeted to great fanfare that there was "more than sufficient" bid-to-cover, "strong demand" and all the rest.

And now it turns out that 47% (!) of the bonds that were taken by the primary dealers in that auction have been quietly bought by the Fed and permanently secreted to its balance sheet.

And oh, by the way, don't expect any stock market weakness while so many billions are being shoveled out the Fed and into the pockets of the primary dealers.  They'll have to do something with all that freshly minted  cash.....

U.S. deficit grew by $181 billion in July - Aug 10

The Second Wave Of The Depression - Hyperinflation Likely - Aug 6

Washington DC --- The second wave of the world economic depression is coming soon. Larry Summers, the economics czar of the Wall Street puppet regime currently in power in Washington, recently confessed to the Financial Times in an unguarded moment: "I don't think the worst is over ...." A few weeks earlier, Jacques Attali, who served in the 1980s as the main economics adviser to French President Mitterrand, told an audience at the International Economic and Financial Forum (FIEF) in Paris that the world might well soon face a "planetary Weimar" in the form of a hyperinflationary depression similar to the German events of 1922 to 1923.

REMEMBER THAT IN GERMANY'S CRASH WITHIN TWO DAY THE STORE SHELVES WERE EMPTIED

 START BUYING FOOD AND GAS NOW !!!

5 more banks fail - Aug 3

Regulators shut down five regional banks Friday, the Federal Deposit Insurance Corporation said, bringing the total number of banks to fail in the United States to 69 this year.

The Plot To Destroy The US Dollar - Aug 3

PLOTTING THE DESTRUCTION OF THE US DOLLAR and the weakening of its role as the reserve currency in the global market, was the underlying agenda of the Bilderberg Group, which convened its most ominous meeting to date in Greece on May 14-17, 2009.

According to an alleged Kremlin report, (and it’s believable), the shadowy Bilderberg Group made up of financial, political and corporate elite emerged from their conclave after coming to an agreement that in order to continue their drive towards a New World Order dominated by the Western powers, the US dollar had to be destroyed.

After $182 billion taxpayer rescue, is AIG on the verge of collapse? - Aug 2

It looks like the rot at AIG is not limited to FPG. While AIG officials have claimed that its problems were isolated to FPG, the reality is that AIG seems to have been running something akin to a shell game of massive proportions. Its shell game version took the form of selling insurance and assigning the resultant risks among its 71 different North American insurance companies.

Prolonged aid to unemployed is running out - Aug 2

Over the coming months, as many as 1.5 million jobless Americans will exhaust their unemployment insurance benefits, ending what for some has been a last bulwark against foreclosures and destitution.

Tens of thousands of workers have already used up their benefits, and the numbers are expected to soar in the months to come, reaching a half-million by the end of September and 1.5 million by the end of the year, according to new projections by the National Employment Law Project, a private research group.

Obama says many months before U.S. exits recession - Aug 2
"And when we receive our monthly job report next week, it is likely to show that we are continuing to lose far too many jobs in this country. As far as I'm concerned, we will not have a recovery as long as we keep losing jobs," he said.

Marc Faber the recent rally is the result of excess liquidity The worst is still to come - July 30

The Commercial Real Estate Bust: Gearing up for a $3 Trillion Headache.

Increase in Vacancy Rates and Higher Defaults - July 26

Mass Layoffs: The Continuing Devastation - July 26

Stock market investors shrug off a disaster in our midst: mass layoffs. Investors act as though it will soon be business as usual. Companies cut costs by firing employees that have been with them for decades. Then the companies can report higher earnings from cost-cutting measures. The media then proclaim an increase in earnings. But how will these increases be sustained? How will an unemployment rate of 11% help get the economy back on its feet?

Treasury Auction Scheduled sale - July 24

Let's see if I can count this up....

70 day CMBs, $30 billion (tomorrow)
13 week Bills, $32 billion (July 27th)
26 week Bills, $31 billion (July 27th)
52 week Bills, $27 billion (July 28th)
2 year Notes, $42 billion (July 28th)
5 year Notes, $39 billion (July 29th)
7 year Notes, $28 billion (July 30th)
19 year, 6 month TIPS (reopened), $6 billion (July 27th)

I guess you should get while the getting is good, but this is going totally parabolic.  That money has to come out of somewhere, by the way, in order for the sale to succeed, which is going to get rather interesting at some point - but exactly where it matters is impossible to know.

This is flat-out insane.  At this run rate we would be trying to sell twelve trillion dollars over one year's time, an obviously ridiculous and impossible-to-peddle amount of debt at any price.

World Prepares to Dump the Dollar - July 24

What do China, India, Brazil, Russia, France and Germany have in common? These countries most often can’t agree on anything. But they are united in one strange—and ominous—way. They blame the United States for wrecking the global economy. And they think the dollar is the wrecking ball.

Cracks in unemployment system widen under strain of recession.

In a program that values timeliness above all else, decisions involving more than a million applicants have been slowed, and hundreds of thousands of needy people have waited months for checks.

Cost Of Bailout Hits A Whopping $24 Trillion Dollars - July 21

According to the watchdog overseeing the federal government’s financial bailout program, the full exposure since 2007 amounts to a whopping $23.7 trillion dollars, or $80,000 for every American citizen.

The U.S. and UK Will Both Default on Their Debt by the End of Summer - July 19

Joe Biden: ‘We Have to Go Spend Money to Keep From Going Bankrupt' - July 17

Vice President Joe Biden told people attending an AARP town hall meeting that unless the Democrat-supported health care plan becomes law the nation will go bankrupt and that the only way to avoid that fate is for the government to spend more money.

Why Obama's Health Care Reform Bill Will Destroy U.S. Jobs and Devastate the Economy - July 17

35,000 UK shops to close this year? - July 17

As many as 35,000 UK shops could close this year as the recession bites hard into the British economy.

Bankruptcy Filings up 33 Percent over a 12-month Period: Total 12-month Total of Bankruptcy Filings 1.2 Million. In last Report, Filings up 27 Percent in one month - July 17

U.S. Senate Health Committee Passes Health Care Reform Bill that will Bankrupt America - July 16

Economic crisis far from over, WTO chief says - July 13
 

Switch away from US Dollar could Bankrupt US Economy - Gerald Celente - July 13

Russian president just showed the world the new world currency so it will happen.

This $17 Trillion Divorce Won’t Be a Pretty One: William Pesek - July 10

Returning from China last month, U.S. Congressman Mark Kirk had a bearish take on a high-level visit by American officials.

“China is beginning to cancel Congress’s credit card,” he told Fox News on June 10. It “doesn’t want to lend much more money to the United States and especially is worried about the Fed’s policy of printing money to buy new debt.”

Medvedev Shows Off Sample Coin of New ‘World Currency’ at G-8 - July 10
A U.S. dollar crash has to happen if they move to implement this = Economic disaster by design to bring in the New World Order = One World Currency, One World Ruler, One World Religion = all for the Antichrist as these three are listed in scripture that Satan wants.

US lurching towards 'debt explosion' with long-term interest rates on course to double - July 6

The US economy is lurching towards crisis with long-term interest rates on course to double, crippling the country’s ability to pay its debts and potentially plunging it into another recession, according to a study by the US’s own central bank.

Another wave of foreclosures is poised to strike - July 5

Mortgage defaults have surged to record levels amid rising unemployment and falling home prices. Lenders are expected to move quickly to clear up backlogs as moratoriums on foreclosures expire.
 

India Joins Russia, China in Questioning U.S. Dollar Dominance - July 5

And Here It Is On CNBC: Manipulation - July 3

"This market continues to be propped up by government intervention and manipulation."

No, really?!
By the way, market manipulation is illegal.
Of course when you own the police force you can do whatever you damn well please, right?
 

Seven banks fail, pushing 2009 tally to 52 - July 3
Remember the warning is for 1000 banks to fail this year and we are on the door step of disaster.

An Economy Bigger than Russia, Brazil, Canada, India or Spain Is About to Default - July 2

Look at the news just below this one.

An economy bigger than Russia, Brazil, Canada, India or Spain is in imminent risk of defaulting on its debts. Which nation am I talking about? Not a country . . . but the state of California. California’s GDP was around $1.812 trillion in 2007. According to the International Monetary Fund, that is bigger than the 2008 GDP of every country in the world except the US, Japan, China, Germany, France, UK and Italy . Given that California has more people than any other state in the US, and some of the largest agricultural, manufacturing, high-tech and defense sectors in the nation, you would think that helping California would be important.  And yet instead of helping California the federal government is giving aid to Goldman Sachs, JP Morgan and the other financial giants who helped to cause the financial crisis, and to Israel and other foreign countries. Does that make any sense?  Note: Depending on which source is cited (CIA World Factbook, World Bank, or IMF), California ranks somewhere between 7th and 10th in world GDP.
 

Schwarzenegger Declares Fiscal Emergency in California - July 2

America's Effective Unemployment Rate at 18.7%? - July 2

The numbers are staggering and are aggregates of official data. They matter because various Obama administration officials including the President himself started off calling for huge stimulus packages to help generate "jobs, jobs, jobs!"

Debasing the Currency is Leading to Financial Collapse . . . Just As It Has for Thousands of Years - June 30

History is repeating . . . Sound money is again being trashed, which is causing the collapse of the American empire.

Fannie Sees Jump in Overdue Home Loans - June 30

Fannie Mae reported a steep increase in the percentage of home mortgages with overdue payments.

FDIC Breaks February Record; 5 Banks Fail Over Weekend - June 28

In its busiest weekend in decades, the FDIC closed 5 more banks bringing the number of total bank failures for the year to 45.

This weekend exceeded the previous record when 4 banks failed on a single weekend in February. Two of the seized banks were located in California, two more in Georgia and one in Minnesota. The FDIC was able to find buyers for 4 of the 5 failed bank deposits.

The FDIC will mail checks directly to depositors for an amount within the FDIC insurance coverage limit. It is estimated that the bank had $1.1 million of uninsured deposits.

Mounting U.S. jobless claims force states to borrow - June 28

U.S. Stocks, Dollar Decline on China Calls for World Currency - June 26

All nations are beast nations in the end days and here we have the calls that Satan's wants = one World Currency, one World Religion, one World Ruler = the Pope.

You can not get out of debt with more debt it spells disaster. The loans are growing massively to help give the impression of recovery when in fact a global disaster is in the making.

Start buying food or wished you did.

California set to issue IOUs as fiscal crisis weighs - June 25

California's controller said on Wednesday that he would have to issue IOUs in a week if lawmakers can't quickly solve a $24 billion budget deficit, and the state's treasurer plans to tap a reserve fund to meet debt service costs. The measures came as a budget crisis deepened in the most populous U.S. state and the gridlocked legislature failed to pass a proposed $11 billion in cuts.

Goldman Sachs: "Engineering Every Major Market Manipulation Since The Great Depression" - June 25

From tech stocks to high gas prices, Goldman Sachs has engineered every major market manipulation since the Great Depression - and they're about to do it again

Insiders Bailing Out by the Billions? Oops, There Goes the "Rally" (again!) - June 24

Yesterday [Monday] how someone or something unloaded 7+ million in JP Morgan shares before market close? Wasn't it something like 1.5 million in the blink of an eye? Someone wants out and now, but that's odd looking at $JPM's performance for the last few weeks

Warren Buffett to CNBC: U.S. Economy In "Shambles" .. No Signs of Recovery Yet - June 24

The U.S. and the U.K. Will Both Default on Their Debt by the End of Summer - June 23

California Collapsing - June 22

Washington and Wall Street seem to be treating California as if it were a sideshow in the financial circus of these turbulent times.

It’s not. California is home to the largest manufacturing belt in the United States and to Silicon Valley, the nation’s largest high-tech center.

DOW TAKING MAJOR PLUNGE ON WORLD BANK WARNING - JUNE 22

Ron Paul: International Bailout Brings Us Closer to Economic Collapse - June 22

Video

Insiders Exit Shares at the Fastest Pace in Two Years - June 22

When Insiders sell it is because they know their stock is over priced or the market is about to head down lots.

Treasury to Auction $104 Billion In Debt Next Week, a Record - June 19

What happens if no one actually wants to purchase the bonds??  Bye bye U.S. dollar !

Suitcase With $134 Billion Puts Dollar on Edge - June 19

Get ready for the U.S. dollar collapse soon.

Russia's Medvedev: Supranational currency will be created - June 17

Russian President Dmitry Medvedev said on Tuesday existing reserve currencies, including the dollar, have not performed their function, and a new supranational currency was in the making.

Dollar drops on reserve currency doubts - June 17

China sells US bonds to 'show concern' - June 17

According to US Treasury data issued Monday, Beijing owned 763.5 billion dollars in US securities in April, down from 767.9 billion dollars in March. .
It was the first month since June 2008 that Beijing failed to purchase more U.S. T-Bills.

Russia: Dump Dollar as World Reserve Currency - June 16
 

Medvedev: World Needs New Reserve Currency - June 16

The American Empire Is Bankrupt - June 15

June 15, 2009 "Truthdig" There are meetings being held Monday and Tuesday in Yekaterinburg, Russia, (formerly Sverdlovsk) among Chinese President Hu Jintao, Russian President Dmitry Medvedev and other top officials of the six-nation Shanghai Cooperation Organization. The United States, which asked to attend, was denied admittance. Watch what happens there carefully....It is the first formal step by our major trading partners to replace the dollar as the world’s reserve currency.

U.S. credit card defaults rise to record in May - June 15

U.S. credit card defaults rose to record highs in May, with a steep deterioration of Bank of America Corp's (BAC.N) lending portfolio, in another sign that consumers remain under severe stress.

Delinquency rates an indicator of future credit losses fell across the industry, but analysts said the decline was due to a seasonal trend, as consumers used tax refunds to pay back debts, and they expect delinquencies to go up again in coming months.

Financial crisis: Worst may be still ahead, says IMF chief - June 15

The American Empire Is Bankrupt (AKA the end of US hegemony, military or otherwise) - June 15

This week marks the end of the dollar’s reign as the world’s reserve currency. It marks the start of a terrible period of economic and political decline in the United States. And it signals the last gasp of the American emperium. That’s over. It is not coming back. And what is to come will be very, very painful.

Barack Obama, and the criminal class on Wall Street, aided by a corporate media that continues to peddle fatuous gossip and trash talk as news while we endure the greatest economic crisis in our history, may have fooled us, but the rest of the world knows we are bankrupt. And these nations are damned if they are going to continue to prop up an inflated dollar and sustain the massive federal budget deficits, swollen to over $2 trillion, which fund America’s imperial expansion in Eurasia and our system of casino capitalism. They have us by the throat. They are about to squeeze.

The Coming Economic Collapse - June 14

This is no recession. We are already on our way to a Depression (a GDP contraction of 10%) possibly even another Great Depression. One in nine Americans are currently receiving food stamps. Real unemployment (without birth/death seasonal nonsense and all the other Federal gimmicks) stands at 20%.

Foreclosure Reality Check: 1.6 Million Foreclosure Filings with 5 Months of Data. California Notice of Defaults and Foreclosures Skyrocketing - June 12

There is a wonderful smell of delusion in the air. As the state marches on to economic Armageddon, there is now a large portion of bottom callers jumping into the market. Many investors are now buying up homes in the Inland Empire and other depressed areas for 50, 60, and sometimes 70 percent off peak prices. A mentor once told me, “at times, things are cheap for a reason.” At the low end, we may be seeing signs of a bottom. But one thing people forget is that this does not necessitate that prices will bounce up. Since we have emulated Japan in everything concerning fiscal and monetary policy, we may have a stagnant decade of real estate ahead of us. So for those buying homes for $100,000 and collecting $800 in rent, you are a long way from cash flowing like a mogul.

U.S. Foreclosure Filings Top 300,000 as Bank Seizures Loom - June 11

U.S. foreclosure filings surpassed 300,000 for the third straight month in May and may hit a record 1.8 million by the first half of the year, RealtyTrac Inc. said.

A total of 321,480 properties received a default or auction notice or were repossessed last month, up 18 percent from a year earlier, the Irvine, California-based seller of default data said today in a statement. One in 398 U.S. households received a filing last month.

May U.S. foreclosures third highest on record - June 11

California nears financial "meltdown" as revenues tumble - June 11

Spitzer: Green Shoots, Red Ink, Black Hole: Truly Terrifying Data About the Real State of the U.S. Economy - June 9

I have an unfortunate sense that the “green shoots” in the economy that everyone is talking about are nothing but dandelions. Sure, forcing $1 trillion of taxpayer money in direct capital, guarantees, and diminished cost of borrowing into the banking sector has permitted the major banks to claim solvency for the moment. Yet we should not forget that this solvency has come not through a much needed deleveraging of the banking sector but rather from a massive transfer of the obligations of private banks to the public, with the debt accruing to future generations. And overall loan quality at U.S. banks is still the worst in 25 years and deteriorating at the fastest pace ever.

US $ as Reserve currency about to be dumped? - June 9

Replacing the dollar has HUGE implications and the U.S. Government knows it.
Surfersvillage Global Surf News, 7 June, 2009
"The major powers of the world (Brazil, India, China, Russia) know that once the dollars’ reserve currency status of the world is gone, the U.S. military will shrink until it is a more even match-up of players and they will have a greater say in world affairs."

http://asia.news.yahoo.com/rtrs/20090605/tbs-russia-china-swap-21231dd... - June 6
Russia, China should dump dollar in trade-Medvedev
Reuters - Saturday, June 6
Leaders of Brazil, Russia, India and China, known by their BRIC acronym, are meeting in the Russian city of Yekaterinburg on June 16 to discuss the role of the dollar in the global financial system among other issues.

The Biggest Victim of the Debt Crisis - June 8

Indeed, the Treasury’s financial crisis looms so large, it could wreck more havoc on the economy and deliver more pain to average Americans than the subprime mortgage disaster, the housing bust, the banking crisis, and the collapse of General Motors put together …

But unlike GM, Fannie Mae, Citigroup, AIG, and the many others that the U.S. Treasury has bailed out in recent months, there is no institution on the planet big or rich enough to bail out the U.S. Treasury itself.

Alabama County Set to Halt Services, Shut Buildings Over Budget - June 5

Alabama’s most populous county is preparing to stop road maintenance, close courthouses and shutter services for the elderly after a court struck down taxes that pay for about 35 percent of its budget.

Jefferson County, which includes Birmingham, released a plan to cut $52 million from its budget as it appeals the ruling against its business and occupational taxes to the Alabama Supreme Court. Without that revenue, the county has said it is at risk of running out of money as soon as this month.

Treasury bloodbath soaks top fund managers - June 5

Investors have been blindsided by one financial catastrophe after another over the last 18 months, but throughout the tumult, the government bond market has been their friend.

A brutal drop in long-dated Treasury prices has caught even the best money managers off guard -- in some cases wiping out as much as 60 percent of the gains they booked in last year's huge rally in U.S. Treasuries.

Russia, China should dump dollar in trade - Medvedev - June 5

Russia and China should consider switching to domestic currencies in bilateral trade without going to the dollar, Russia's president Dmitry Medvedev said in an interview with Kommersant daily published on Friday.

Jim Rogers CNBC - Jun 4th, 2009 - Currency Crisis Ahead - June 4

Watch all the videos and you will know troubled waters ahead.

Are Banks Getting Ready To Flood The Market With Houses? - June 4

No one really knows how many houses are owned by banks. Banks often buy homes in foreclosure to limit losses, hoping that they'll be able to turn the house around for a profit later. But after months and months of foreclosures, banks may now be preparing to sell the houses they've been buying. Anecdotal evidence from Las Vegas, one of the foreclosure capitals of the US, suggests that we're about to see a release of bank-owned home inventory into the market.

Banks storing oil in anticipation of price increases - June 4

The giant US bank JPMorgan Chase has reportedly hired a newly-built supertanker to store heating oil off the Mediterranean island of Malta. Other companies, including BP and a unit of Citigroup, have also hired ships to store either crude oil or oil products.

According to Bloomberg.com, “Traders were already using smaller tankers to store record volumes of jet fuel and heating oil in Europe as on-shore tanks filled up.”

Stock Market Dissonance: Why the Stock Market no Longer Reflects Main Street Economics. The Dow Jones Industrial Average. - June 3

One of the biggest bankruptcies in history occurred on June 1st yet you would not know this by looking at the stock market. In fact, the Dow Jones Industrial Average (DJIA) shot up by 220 points. If we look at total assets, this is the fourth largest bankruptcy in history. The Dow is made up of 30 companies that show a supposedly wide cross section of the American economy. The company that filed for bankruptcy was General Motors and was actually one of the 30 components. A company that dates back to 1908 and survived the Great Depression. So how can it be that a company that employs 250,000 filing for bankruptcy is actually good for the stock market and makes the DJIA rally so strongly? The easy answer is the stock market no longer reflects the economic reality on main street.         Because it's being manipulated

Signs of a new financial storm for September coming from Dubai and Saudi Arabia - June 2

Oklahoma Federal highway fund will run out by August - June 2

WASHINGTON - U.S. Sen. Jim Inhofe said Tuesday the federal fund that pays for highways will run out of money by August, forcing Oklahoma to deprogram up to $80 million in projects.
 

The Big Collapse Could Be Very Near - May 31

The Fed can of course print money to buy up every Treasury bond in existence, but the inflationary ramifications would be Zimbabwe like, and crush the dollar on international currency markets. Are we near the phase where all hell breaks loose? I have never even answered, maybe, to this question before. It's always been, "no." Now it's maybe.

Troubled Bank Loans Hit a Record High - May 29

OVERALL loan quality at American banks is the worst in at least a quarter century, and the quality of loans is deteriorating at the fastest pace ever, according to statistics released this week by the Federal Deposit Insurance Corporation.

Peter Schiff and Marc Faber on Hyperinflation - Glenn Beck - 05-28-2009 - May 29

Watch the video

U.S. government owes record $63.8 trillion - May 29

U.S. Inflation to Approach Zimbabwe Level, Faber Says - May 28

“I am 100 percent sure that the U.S. will go into hyperinflation,” Faber said.

Start buying food !

Gerald Celente The bailout bubble is blowing apart now will bring the world down - 28 May 09

http://www.youtube.com/watch?v=VVwVjfC2KAQ&feature=player_embedded <--Video

World Markets Freak Out After Treasury Yields Spike - May 28

The big story that everyone will be talking about is the rapidly increasing yield on longer-term maturities, and what that means for both the economic recovery and the US' ability to finance its gigantic debt. Matters of previously theoretical concern (what happens if the world doesn't want to keep financing us anymore - See news below) are now coming into the fore.

GM Said to Plan for June 1 Bankruptcy, Sale of Assets - May 28

General Motors Corp., the world’s largest automaker until its 77-year reign ended in 2008, plans to file for bankruptcy protection on June 1 and sell most of its assets to a new company, people familiar with the matter said.

Mortgage Delinquencies, Foreclosures, Rates Increase - May 28

Mortgage delinquencies and foreclosures rose to records in the first quarter and home-loan rates jumped to the highest since March this week as the government’s effort to fix the housing slump lost momentum.

U.S. Economy: Durable-Goods Orders Hover Near Lowest Since 1996 - May 28

Durable-goods orders hovered near a 13-year low and the number of Americans collecting unemployment insurance reached a 17th straight record, offering no sign of an imminent rebound from the worst U.S. recession in half a century.

China warns Federal Reserve over 'printing money' - May 27

If the U.S. can't print money they are economically finished and massive inflation is days or weeks away.

Dallas Federal Reserve: Unfunded Pension and Health-Care Liabilities Exceeds $99 Trillion Dollars - May 26

But the head of the Dallas Federal Reserve bank says: [There is a] "very big hole" in unfunded pension and health-care liabilities built up by a careless political class over the years. "We at the Dallas Fed believe the total is over $99 trillion," he said in February.

Total market manipulation just as many have been warning that this rally is fake and is about to end with a crash.

With 2 minutes 30 seconds remaining in the video, Dan Shaffer, President of Shaffer Asset Management, gives shocking evidence of direct government intervention in the stock market: EVIDENCE OF GOVERNMENT MANIPULATION OF THE STOCK MARKET - Dan Shaffer (video and transcript)

“Something strange happened during the last 7 or 8 weeks. Doreen you probably can concur on this -- there was a power underneath the market that kept holding it up and trading the futures. I watch the futures every day and every tick, and a tremendous amount of volume came in a several points during the last few weeks, when the market was just about ready to break, and it shot right up again. Usually toward the end of the day – it happened a week ago Friday, at 7 minutes to 4 o’clock, almost 100,000 S&P futures contracts were traded, and then in the last 5 minutes, up to 4 o’clock, another 100,000 contracts were traded, and lifted the Dow from being down 18 to up over 44 or 50 points in 7 minutes. That is 10 to 20 billion dollars to be able to move the market in such a way. Who has that kind of money to move this market?

On top of that, the market has rallied up during the stress test uncertainty and moved the bank stocks up, and the bank stocks issued secondaries – they issues stock – they raised capital into this rally. It was perfect text book setup of controlling the markets – now that the stock has been issued…” [interrupted by Richard Suttmeier].

The Dangers of Printing Money - May 25

The Fed's doing it. The Bank of England says it plans to do it, too. With printing money (or as they say today, "quantitative easing") back in fashion, TIME reflects on Germany's efforts in the 1920s — and the crisis that followed.
Two days and store shelves were empty

Two days is all it took to clear the store shelves when Germany's crash came and that was done by people who had cash... get buying now... you have been warned for a long time. The wise prepare for the disaster they see coming.

U.S. may loan Nissan ¥100 billion - May 24

Nissan Motor Co. is likely to receive more than ¥100 billion in low-interest loans set up by the U.S. government to promote the development of and transition to electric vehicles and other fuel-efficient cars, sources said Friday.

BILDERBERG GROUP CALLS FOR TOTAL DESTRUCTION OF U.S. DOLLAR SOON AND TO KILL 2/3 OF THE WORLD'S POPULATION - MAY 22

They are planning to mass vaccinate most of the planet. See the many news articles on the home page.

In order for Project Blue beam to work they have to lower our immune systems. This has to happen directly after Damascus destruction. Be wise and educate yourself on Project blue beam which is the only scenario that could possible deceive even the elect as we have to see the Lord return in the clouds in order to believe he is back. Global Holographic fraud. PROJECT BLUE BEAM AS DESCRIBED BY TINWIKI.ORG

WHO chief says world should prepare for severe flu - May 22

Britain's debt outlook lowered to negative - May 21

World Markets fall as growth hopes fade - May 21

Global stock markets have fallen after a warning that the UK's top credit rating is at risk.

Rogers Echoes Warning Of “Sucker’s Rally" - May 20

Veteran financial guru Jim Rogers warned CNBC viewers today that the stock market has yet to hit a bottom despite people ploughing their money back into a sucker’s rally, as the Bilderberg Group’s plan to pull the rug out from under euphoric investors draws closer.

The Weimar Hyperinflation? Could it Happen Again? - May 20 <--good article

“It was horrible. Horrible! Like lightning it struck. No one was prepared. The shelves in the grocery stores were empty. You could buy nothing with your paper money.” – Harvard University law professor Friedrich Kessler on the Weimar Republic hyperinflation (1993 interview)
Some worried commentators are predicting a massive hyperinflation of the sort suffered by Weimar Germany in 1923, when a wheelbarrow full of paper money could barely buy a loaf of bread. An April 29 editorial in the San Francisco Examiner warned:
“With an unprecedented deficit that’s approaching $2 trillion, [the President’s 2010] budget proposal is a surefire prescription for hyperinflation. So every senator and representative who votes for this monster $3.6 trillion budget will be endorsing a spending spree that could very well turn America into the next Weimar Republic.”1
 

Brazil and China eye plan to axe dollar; Nations move to use own currencies for trade.. - May 19

U.S. DOLLAR CRASH COMING

Elliott Wave Disciple Robert Prechter Sees a Possible 2,000 Dow - May 19

Prechter even managed to call this year’s March bottom, expecting a substantial bear market rally at around 6,300 on the Dow, close to the bottom. However, he expects the market to resume its downward trend shortly, ending with a decline similar to the 86% in real terms of 1929-32 as we are in a long Elliott Wave downswing. That would take the Dow down to around 2,000.

Personally, I would not go that far. This does not look like a reprise of the Great Depression, although it could still turn into one with enough policy mistakes another “stimulus plan,” or a big dose of protectionism, for example. However, the downward macroeconomic momentum looks bigger than in either 1974 or 1982, bear markets that both brought real-term drops of slightly more than 50% from previous highs.

Government Has Pledged $12.8 Trillion on Bailouts - Every Household on the Hook for $109,887 - May 19

The U.S. government and the Federal Reserve have spent, lent or committed $12.8 trillion, an amount that approaches the value of everything produced in the country last year ...

Harold Davidowitz is a an analyst and consultant to the retail industry operating his own firm Davidowitz & Associates. He's in the wrong industry. He should have Tim Geithner's job. This guy is a frggin' genius. Seriously, watch both clips and tell me he doesn't have a better grasp than Geithner and Summers.

Fannie and Freddie in 'critical' condition - May 19

Fannie Mae and Freddie Mac, charged with helping lead the nation out of its housing crisis, are facing "critical" financial problems, federal regulators said Monday.

The companies suffer from severe financial, operational and compliance weaknesses, the Federal Housing Finance Agency said a report to Congress detailing its annual examinations of the firms. Taken over by the government in September, Fannie and Freddie are not able to operate without federal assistance.

Obama Says U.S. Long-Term Debt Load "Unsustainable" - May 15

President Barack Obama, calling current deficit spending “unsustainable,” warned of skyrocketing interest rates for consumers if the U.S. continues to finance government by borrowing from other countries.

The Truth is seen below he was rejected by Saudi Arabia and China and has no choice but to say this .

“We can’t keep on just borrowing from China,” Obama said at a town-hall meeting in Rio Rancho, New Mexico, outside Albuquerque. “We have to pay interest on that debt, and that means we are mortgaging our children’s future with more and more debt.”

4 articles down under Obama's S.O.S. and you will see why he is now saying this = the u.s. has no one to keep funding their debt = economic crash coming soon within months so start buying food or wished you had. The wise prepare for the famine.

“The Worst Is Yet to Come" - May 15

The green shoots story took a bit of hit this week between data on April retail sales, weekly jobless claims and foreclosures. But the whole concept of the economy finding its footing was “preposterous” to begin with, says Howard Davidowitz, chairman of Davidowitz & Associates.

Davidowitz, who is nothing if not opinionated (and colorful), paints a very grim picture: “The worst is yet to come with consumers and banks,” he says. “This country is going into a 10-year decline. Living standards will never be the same.”

Los Angeles Facing Fiscal Emergency Declaration - May 15

Layoffs and mandatory furloughs are no longer an option but a necessity, Mayor Antonio Villaraigosa told City Council members Tuesday in a letter that asks them to declare a fiscal emergency.

GM tells 1,100 dealers they will be shut down - May 15

Sony reports $1 bln annual loss, first in 14 years - May 15

Sony Corp. reported its first annual net loss in 14 years and forecast a bigger loss this year, saying the pressure from sliding sales, competition in gadget prices and a strong yen was expected to continue.

US Apr Industrial Production -0.5%; Consensus -0.6% - May 15

U.S. industrial production tumbled a 15th time in 16 months during April, cut down by massive business inventory liquidation.

Capacity utilization shrank in April to 69.1%, a historical low since records began in 1967. March capacity use was a revised 69.4%; originally, "cap-U" was estimated at 69.3% in March. The 1972-2008 average was 80.9%.

Massive Inflation is on the Way - John Browne of Euro Pacific Capital on Fox News - May 13

Must watch video

Governments Will Need to Issue $15-33 Trillion in Bonds - May 13

I need to put the $33 trillion into perspective, because it is so big that it is almost incomprehensible. According to Wikipedia..., total private wealth across the world today is about $37 trillion less the losses incurred in 2007-09, so the real number is probably closer to $30 trillion now. Total global savings (loosely adjusted for the big losses in 2008) are probably somewhere in the region of $100 trillion. In other words, financing this crisis could absorb one-third of total global savings...

START BUYING FOOD ... WHAT MORE DO YOU NEED TO SEE.

Actual Bailout May Exceed $10 Trillion - May 13

The current block of taxpayer money that has been pledged by the US government and the Federal Reserve to prevent the system from collapsing, according to an analysis by Bloomberg News, is roughly $12.8 trillion as of March 31. This money has been lent, spent or guaranteed to prevent a systemic collapse.

You can not buy your way out of debt with debt = massive collapse is in our future.

Foreclosures: 'April was a shocker' - May 13

April foreclosures rise 32 percent - May 13

Obama's SOS to Gulf emirs: Invest in US and global economies - May 13

DEBKAfile's exclusive Gulf sources report. They came away empty-handed.

Gulf officials were informed on the quiet that Federal Reserve Governor Ben Benanke had been "premature" in his latest optimistic forecast.
 

U.S. Economy: Retail Sales Unexpectedly Fall for Second Month - May 13

Retail sales in the U.S. unexpectedly dropped in April for a second month, indicating that rising unemployment is prompting consumers to conserve cash.

“It looks like consumers are losing momentum heading into the second quarter and that is a very worrisome development,” said Carl Riccadonna, an economist at Deutsche Bank Securities Inc. in New York. “They have very significant headwinds and number one among them is that the labor market is far from turning the corner.”

Banks loan loss rate will be much worse than the 1930s! - May 12

Last month, banking analyst Mike Mayo predicted that loan loss rates could go as high as 5.5%, which is substantially higher than during the 1930s.
But the Federal Reserve's more adverse scenario for the stress tests - which everyone knows is too rosy concerning most of its assumptions - predicts a loan loss rate of 9.1%, nearly three times higher than during the 30s.
 

Fannie Mae: a bottomless pit for U.S. taxpayers - May 12

Fannie’s regulator wants $19 billion from the U.S. government because the firm has negative capital. Fannie Mae had $23.2 billion in losses last quarter alone. And it says losses in 2009 will be worse than 2008.

24,700,000 (in the U.S.) Unemployed or Underemployed Americans: Job Losses Accelerate with 6 million unemployed over last year. Real Unemployment rate now at 15.8 Percent.

It is hard to believe what is taken as good news. 539,000 jobs were lost in April yet this was taken as a positive because it wasn’t 600,000. Forget about the fact that the revised number for March was moved upward to 699,000 from an initial 663,000. So it may be the case when the final number for April is calculated in June, we might have another 600,000 job loss month.

White House: Budget deficit to top $1.8 trillion - May 12
See what 1 trillion dollars looks like here

Budget deficit to top $1.8 trillion; 4 times 2008's record -Government borrowing 50 cents

for every dollar it spends - May 11

Bilderberg Group Plans Economic Depression - May 9

These people who control this chaos have option two to crash the economy in the coming months.

Preparing  for option two if you see this flu scare become a forced vaccination then all hell will break loose soon after through Project Blue Beam

Imminent Global Stock Market Crash to Support U.S. Dollar - May 9

A world stock market collapse could be imminent as a source of dollar support. We wonder how low they will let the dollar go before they collapse the stock markets to chase people back into US treasuries, which have also broken down, with treasury interest rates on the rise despite various Fed purchases of treasuries in the hundreds of billions.

Short Sales: Banks Blocking Way Out Of Foreclosure Crisis - May 8

According to one analysis, short sales resulted in loan losses of only 19 percent, compared with an average loss of 40 percent on homes sold after foreclosure.  So why aren't these sales more widely used?  The broad answer is that the American financial system simply can't handle a collapse of this magnitude. The fates of the banking and real estate industries are intertwined. But they don't work together and the result is that they end up working against each other.

U.S. banks rush to raise capital - May 8

European banks' bad debts soar - May 8

Global Crisis ‘Vastly Worse’ Than 1930s, Taleb Says - May 8

Finance a Lemon Bank (GMAC) is asking for billions more to avoid bankruptcy for a while longer - May 8

The New York Times - MICHAEL J. de la MERCED - GMAC, Among the Weakest, Seems in Line for a Bailout -It looks as if one more bank needs a bailout. And, four months ago, this bank was not even a bank. GMAC must raise a staggering $11.5 billion in capital, the equivalent of roughly half its current equity.

GM reports six billion dlrs loss in first quarter - May 7

Troubled US auto giant General Motors on Thursday reported a net earnings loss of six billion dollars in the first quarter, as it faced the prospect of bankruptcy saddled with mounting debt.

Bank of America comes up $34bn short in stress test - May 6

The US government has told BoA to bolster its capital cushion and similar instructions are expected at up to 10 other banks

Wells Fargo said to need $15 billion - May 6

Wells Fargo & Co., the fourth-largest U.S. bank by assets, requires about $15 billion in new capital as a result of regulators' stress test on the lender, according to a source familiar with the matter.

Almost a Quarter of U.S. Homeowners Are Underwater - May 6

A growing number of U.S. homeowners owe more than their properties are worth after prices extended their two-year decline in the first quarter, Zillow.com said.

Many owners “would be more willing to bear the financial consequences of bankruptcy or foreclosure,” Stan Humphries, Zillow’s vice president of data and analytics, said in an interview. “You are going to continue to see home prices fall for the rest of this year and some portion of next year.”

EU revises forecast; predicts deep, wide recession - May 4

The Next Wave of the Real Estate Collapse - May 4

Thought that subprime housing was the only real estate market with big problems? Think again. The reason that you've only heard about subprime mortgages is because most of them were due to "reset" over the past year and a half, which was accomplished by the banks taking mortgage cartridges out of the system, blowing into them several times, and putting them back in. In layman's terms, a mortgage "reset" is a part of many mortgage contracts that generally calls for either a payment of a certain amount to be made after five to seven years, or for the mortgage to be re-negotiated after that same period of time (or both).

FDIC Insures $4.7 Trillion in Deposits with a $13.6 Billion Deposit Insurance Fund. This is Like Going into a Hurricane with a 99 Cent Store Umbrella. - May 3

Swine flu: 'All of humanity under threat', WHO warns - Apr 30 <--- Horribly exaggerated or heavily under reporting the real death count to get this thing really going.

Do not live by fear live by faith and God promised to protect you.

Fear is the key tool to trauma based or fear based mind control which trough microwave (towers) frequencies they can speak at a low volume into a humans head = see it here -> DOCTOR SHARP'S

Joseph Sharp's voice to skull success, performed with Dr. James C. Lin's pulsed microwave transmitter, and publicly announced in 1974 at the University of Utah:

March 1975 "American Psychologist" journal excerpts, and other voice to skull references.

AUDIBLE sound transmitted directly into a target's skull, through a target's wall, of course, can drive the through-the-wall target crazy, and if the target complains, the target will be immediately diagnosed as mentally ill. The perfect crime.

Car Giant Chrysler Files For Bankruptcy - Apr 30

Swine flu prompts Mexico to shut down economy - Apr 30

U.S. Commerce Department: U.S. economy worst in 50 years - Apr 29

It's official. The United States is mired in its worst economic downturn in half a century, the U.S. Commerce Department reported Wednesday.

GDP Down 6.1%, Reflecting Continuing Economic Woes - Apr 29

Swine flu fear catching fast in weak world economy - Apr 28

The swine flu outbreak is unleashing a side effect the global economy is in no condition to handle.

Start buying your food and your seeds now or you will not get the chance soon!

Jim Rogers The Swine Flu could be a Disaster for world Economy - Apr 28

Swine flu outbreak dampens economy hopes, markets - Apr 27

China calls for reform of global monetary system - Apr 27

It is called the New World Order were the pope rules the world.

Japan facing worst economic outlook on record - Apr 27

Russia's economy shrank 9.5% in first quarter - ministry - Novosti - Apr 24

UK economy slumped by 1.9pc in first three months of 2009 as recession deepens - Apr 24

GM plans to close 15 plants for 9 weeks - USA Today - Apr 23
 

U.S. Is Said to Prepare Filing for Chrysler Bankruptcy - Apr 23

The Treasury has an agreement in principle with the U.A.W. to protect pensions and retiree health benefits as part of the filing, people with knowledge of the action said.

GM DEFAULTS - Apr 22

This was only a matter of time. Everyone from inside and outside GM assumed that the company would default on its debt and likely go bankrupt barring some miracle.

The announcement comes as smaller rival Chrysler appears headed for liquidiation.

UK budget deficit hits record £90bn - The deterioration in the

public finances is unprecedented - Guardian - Apr 22

Banks pull stock market higher after sell-off - Apr 21

stress tests" designed to determine whether banks have enough capital to survive if the economy turns even worse. The results are due May 4.

The International Monetary Fund (IMF) has warned that potential losses from the

credit crunch could reach $4 trillion - Apr 21

Housing Bust Comes Roaring Back, Worse Than Ever - Apr 20

Due to the lifting of the foreclosure moratorium at the end of March, the downward slide in housing is gaining speed. The moratorium was initiated in January to give Obama's anti-foreclosure program a combination of mortgage modifications and refinancing a chance to succeed. The goal of the plan was to keep up to 9 million struggling homeowners in their homes. But it's clear now that the program will fall well-short of its objective.

Traders, Not Investors, Fueling This Stock Rally: NYSE Chief - Apr 17

Wall Street's stunning six-week rally has been fed more by traders looking to take advantage of quick swings in the market than investors with a long-term view, NYSE Euronext (NYSE:NYX - News) CEO Duncan Niederauer told CNBC.

Because of that, the rally likely is to run out of steam as low volume eventually comes back to the bite the market, he said.

Why There will be no other Bubble to Save us from this 40 Year Financial Bubble: From Manufacturing, Technology, and Financial Services. Real Estate Bubble. Drop in Corporate Tax Receipts. - Apr 17

This recession is already the longest since the Great Depression. Now merely saying that this recession is the longest does not expose the magnitude and depth of the economic damage inflicted on the market. $11.2 trillion has been wiped off the balance sheet of American households.

\Overwhelmed Illinois Court Postpones Foreclosures Until September - Apr 16

Citing a backbreaking caseload of foreclosures, the court serving the nation’s second-most populous county has decided to postpone most foreclosures until September, while it attempts to work through tens of thousands of existing filings. Cook County, Illinois is home to Chicago and surrounding areas and is also traditionally a foreclosure hotspot.

Geithner and Summers Want More Debt Bubbles: The Result Could Be Catastrophic - Apr 16

The Geithner/Summers plan seems to hinge on reinflating the debt bubble. The outcome will be inflation, a more serious crash, or both.

comment from what really happened dot com's writter = Remember when I described the bailout as taking a trillion from the people to give to the banks to loan back to the people? Here it is .

US banks step up home foreclosures - Apr 16

One day after President Barack Obama defended the multi-trillion-dollar bailout of the banks and pledged to funnel more taxpayer funds into their coffers, the Wall Street Journal published a front-page article headlined “Banks Ramp Up Foreclosures.”

Jobless claims top 6M; housing starts plummet - Apr 16

General Growth Files Biggest U.S. Property Bankruptcy - Apr 16

General Growth Properties Inc. filed the biggest real estate bankruptcy in U.S. history after amassing $27 billion in debt during an acquisition spree that turned it into the second-largest shopping mall owner.

Here comes the commercial real estate crash.

Stores suffer big drop in March sales - Apr 14

Retail sales suffered an unexpected big decline in March which broke two straight months of improving sales, the government reported Tuesday.

The Commerce Department said total retail sales fell 1.1% last month, compared with February's revised gain of 0.3%. Sales in February were originally reported to have dipped 0.1%.

Retail sales show recession far from bottom - Apr 14

Massive wave" of foreclosures coming - Apr 11

Experts brace for new wave of foreclosures - Apr 11

A new crushing wave of foreclosures is expected to wash through Riverside County's fast-growing suburbs, a second housing bubble that is about to pop.

Pentagon budget envisions a series of Iraq-style wars - Apr 9

At a formal press announcement Monday and in media appearances over the next day, US Secretary of Defense Robert Gates unveiled the biggest military budget in world history, in anticipation of an endless series of Iraq and Afghanistan-style wars by American imperialism.

Federal Reserve Sees Economy Worsening - Apr 9

Japan unveils record $154 billion stimulus plan - Apr 9

Obama seeks $83 billion for Iraq, Afghan wars - AP- Apr 9

Pentagon preps for economic warfare - Apr 9

The Pentagon sponsored a first-of-its-kind war game last month focused not on bullets and bombs but on how hostile nations might seek to cripple the U.S. economy, a scenario made all the more real by the global financial crisis.

South Carolina’s Debt - Apr 9

Simply accepting Washington’s well-intended but ill-designed stimulus efforts for South Carolina would indeed move us from courting disaster to guaranteeing it.

U.S. Retail Chains Report Another Sales Drop in March - Apr 9

Major chains on Thursday reported March sales results that were worse than their February figures, though the rate of economic deceleration that plagued stores during the holidays has slowed a bit. Sales for the overall retailing industry fell 1.8 percent, according to Thompson Reuters.

Job cuts needed to stop NY bankruptcy: mayor - Apr 9

The G20 moves the world a step closer to a global currency - Apr 8

A single clause in Point 19 of the communiqué issued by the G20 leaders amounts to revolution in the global financial order.

“We have agreed to support a general SDR allocation which will inject $250bn (£170bn) into the world economy and increase global liquidity,” it said. SDRs are Special Drawing Rights, a synthetic paper currency issued by the International Monetary Fund that has lain dormant for half a century.

It has been a good summit for the IMF. Its fighting fund for crises is to be tripled overnight to $750bn. This is real money.

Richard Russell: Bear Market Will Last Longer, Go Deeper Than People Expect - Apr 8

Yahoo! Finance -As in the accompanying video, Russell pulled no punches when he was (inevitably) asked for his views on the market: "This bear market will be deeper and longer than most people think," said the legendary market watcher. "People got optimistic too quick" about the recent rally, which he says is doomed to fail. "None of the characteristics of a major bottom" are evident, most notably dirt cheap valuations.

Financial Crisis 'Far From Over,' Panel Says - Govt. May Spend More than $4 Trillion - ABC News - Apr 8

U.S. deficit nearly $1 trillion in first half of 2009 - Reuters - Apr 8

Swiss slide into deflation signals the next chapter of this global crisis - Apr 7

Watch Switzerland closely. It is tipping into deflation, the first Western country to succumb to Japan's disease.

Bernanke's Financial Rescue Plan: The growing prospect of a U.S. default - Apr 7

Fed chief Ben Bernanke has embarked on the most radical and ruinous financial rescue plan in history. According to Bloomberg News, the Fed has already lent or committed $12.8 trillion trying to stabilize the financial system after the the bursting of Wall Street's speculative mega-bubble. Now Bernanke wants to dig an even bigger hole, by creating programs that will provide up to $2 trillion of credit to financial institutions that purchase toxic assets from banks or securities backed by consumer loans. The Fed's generous terms are expected to generate a flurry of speculation which will help strengthen the banking system while leaving the taxpayer to bear the losses.

Mortgage delinquencies soar in the U.S. - Apr 7

More U.S. consumers are falling behind on their mortgages, an indication that the housing market has yet to hit bottom, a top credit bureau executive told Reuters (April 7).

He also said 39.8 percent of subprime borrowers were at least 30 days behind on their home mortgage loans, up 23.7 percent from last year.

Quarter of Companies Globally Plan to Freeze Pay - Apr 7

A quarter of the world's companies, and 40 percent in the United States, plan to freeze salaries this year, but employees in South America and India can look forward to robust rises, a global survey shows on Tuesday.

Toxic debts could reach $4 trillion, IMF to warn - Apr 7

The IMF said in January that it expected the deterioration in US-originated assets to reach $2.2 trillion by the end of next year, but it is understood to be looking at raising that to $3.1 trillion in its next assessment of the global economy, due to be published on April 21. In addition, it is likely to boost that total by $900 billion for toxic assets originated in Europe and Asia.

Greece Teeters on the Verge of Bankruptcy - Apr 7

Greece is on the brink of bankruptcy despite the fact that the global recession has yet to hit the country with full force. Strikes are paralyzing the country and the EU is putting on the pressure. But the government is still trying to put a positive spin on things.

Mass protest in Rome over financial crisis - Apr 6

Global Financial Collapse - Apr 5

Get your money out of the bank fast < --- watch video below

Part 2

http://www.youtube.com/global financial collapse part 2

U.N. Secretary general Ban Ki-moon says he fears Global Collapse - Apr 2

What began as a financial crisis has become a global economic crisis. I fear worse to come: a full-blown political crisis defined by growing social unrest, weakened governments and angry publics who have lost all faith in their leaders and their own future.

G-20 gives $1 trillion to fight global crisis - Apr 2

British Prime Minister Declares ‘The New World Order is Emerging’

Watchdogs: Treasury won't disclose bank bailout details - Apr 2

The massive programs designed to rescue the nation's financial sector are operating without adequate oversight, with vague goals and limited disclosure of their details to the taxpayers who are paying for them, government watchdogs told a Senate panel Tuesday.

FTSE 100 back over 4000 as global stock markets rally on G20 hopes - Guardian - Apr 2

New US jobless claims hit 669,000 in week ending Mar 28 - Apr 2

Financial Rescue Nears GDP as Pledges Top $12.8 Trillion - Apr 1

Can you calculate how much the bail out has risen and how fast ... crash is imminent

Bloomberg:Financial Rescue Nears GDP as Pledges Top $12.8 Trillion - Apr 1

Bank losses spreading - Apr 1

Last Friday, the Office of the Comptroller of the Currency reported that for the first time in history commercial US banks have suffered a $3.4 billion quarterly loss in a giant sector that they thought, until now, was solid: that is, bets on interest rates. The loss was more than seven times worse than their previous quarterly loss in that category.

ADP Says U.S. Companies Reduced Payrolls by 742,000 in March - Apr 1

Companies in the U.S. cut an estimated 742,000 workers in March, pointing to no relief in sight for the labor market amid the longest recession in seven decades, a private report based on payroll data showed today.

U.S. HAS A POPULATION OF 300,000,000 AND NEARLY 1,000,000 JUST BECAME UNEMPLOYED IN ONE MONTH.

Ford Sales Down 41 Percent in March, VW Drops 20 Percent - Apr 1

U.S. plans to ease GM into bankruptcy - Apr 1

G20 leaders get OECD warning that global trade is in freefall - Apr 1

World leaders gathering for Thursday's G20 summit in London were warned today by the Organisation for Economic Co-operation and Development that the world economy was shrinking much faster than previously thought and that global trade was in freefall.

GM warns of bankruptcy risk - Mar 31
 

Futures Point to Another Decline; Is it really because of GM? - Mar 30

Stock futures are down sharply this morning ahead of the open. The DJIA is down 170 points while the NASDAQ is off 21 points. The mainstream media sources are attributing todays sell off to a comment made from the Obama administration that suggests a GM bankruptcy is a possibility. Is that really the reason for the sell off? GM is a company with a $2 billion market capitalization.

Obama denies bailout funds for automakers - Mar 30

Washington: The White House says neither GM nor Chrysler submitted acceptable plans to receive more bailout money, setting the stage for a crisis in Detroit and putting in motion what could be the final two months of two American auto giants.

World stocks fall amid renewed auto, banking fears - Mar 30

World stocks tumble amid G-20 pessimism - Globe and Mail - Mar 30
Looks like the correction is over and we are falling again to new lows ... we will soon see.

Haaretz: Will the US financial crisis lead to a New World Order? Many world leaders are now calling for a global government. - Mar 29

US backing for world currency stuns markets - Mar 27

UN & IMF Back Agenda For Global Financial Dictatorship - Mar 27

Stocks Will Drop; Banks Will Go Belly Up - Roubini - Mar 27

Two-Faced Geithner Assures CFR Puppet Masters He’s “Open” To Global Currency - Mar 26

U.S. Jobless claims top 5.5 million - Mar 26

The number of people filing initial claims for unemployment benefits rose last week, while those filing continuing claims hit an all-time high for the ninth straight week, according to a government report released Thursday.

In the week ended March 21, a total of 652,000 people filed initial jobless claims, up 8,000 from the previous week's revised figure of 644,000, the Labor Department reported Thursday.

EU presidency: US economic plans 'a road to hell' - Mar 25

Addressing the European Parliament in Strasbourg, France, Prime Minister Mirek Topolanek argued that the Obama administration’s fiscal package and financial bailout “will undermine the stability of the global financial market.”

One Small Problem with Geithner's Plan: It Will Bankrupt the Banks - Mar 25

The big problem with Tim Geithner's plan to fix the banks is the same as it ever was: The gap between what banks say their assets are worth and what the market says they are worth.

When a bank says an asset is worth 60 cents and the market says it's worth 30 cents, someone has to cover that spread. The genius of Geithner's plan is that it pawns most of the cost (and most of the risk) off on the taxpayer without the taxpayer noticing.

China calls for new reserve currency - Financial Times - Mar 24

Finance crisis ‘could lead to war’, IMF warns - Mar 24

Obama's $1 Trillion Plan to End Bank Crisis - Mar 23

How big a deal is the loss of the dollar's reserve status? - Mar 23

The process of foreign nations extracting themselves from the dollar is not going to be pretty.

G-20 Must Freeze The $1.5 Quadrillion Derivatives Bubble As The First Step To World Economic Recovery - Mar 23

Real estate investors: ‘Tsunami’ still ahead - Mar 23

“The job market will be the last piece of this to recover,” said economist Sam Chandan, a panelist at the quarterly meeting of the Real Estate Investment Advisory Council. REIAC members were polled on questions including where unemployment will top out; 64 percent said it could go as high as 12 percent.

G20 warned unrest will sweep globe - Mar 23

A wave of social and political unrest could sweep through the world's poorest countries if G20 leaders fail to come to their aid, the World Bank warns today, as new research says the credit crunch will cost developing countries $750bn (£520bn) in lost output and drive millions more into poverty.

Eastern Europe's Economic Crash Hits With Vengeance - Der Spiegel - Mar 23

Fed Running Out of Ammo - Mar 22

The Fed’s decision to purchase $300 billion of long-term treasury bonds is indicative of two things: 1) The U.S. government has lost all sense of value relative to its currency, and 2) The U.S. Federal Reserve is getting desperate and is running out of options.

Far from giving the economy any kind of boost, these tactics are essentially more of the same, which has already proven futile in terms of getting the economy moving again. Major financial institutions are not lending or borrowing much more than they were when the crisis began, and all the Fed is doing is undermining what little value is left in the U.S. Dollar.
 

International Economic Forum Of The Americas To Meet Under Banner

 "Adapting To The New World Order" - Mar 22

Hungary's Prime Minister to Step Down Amid Economic Turmoil - Deutsche Welle - Mar 22

Rapid Declines in Manufacturing Spread Global Anxiety - Total Collapse - Mar 20

The New York Times World Business Nelson D. Schwartz Manufacturing has fallen off the cliff, and it’s certainly the biggest decline since the Second World War,” said Dirk Schumacher, senior European economist with Goldman Sachs in Frankfurt.

The pattern of manufacturing and trade ominously recalls how the financial crisis of 1929 grew into the Great Depression: tightening credit and consumer fear reduced demand for manufactured goods in one country after another, creating a downward spiral that reduced global trade.

USA has two options to save its economy: declare default or trigger off war - Mar 20

Mortgage Rates May Fall to WWII Low on Fed Purchases - Mar 20

“It’s a big bullet the Fed’s firing here,” he said. “The Fed is kind of going all in.”

Fed to pump another $1 trillion into U.S. economy - Mar 19

U.N. SUGGESTS DITCHING U.S. DOLLAR AS RESERVE CURRENCY - MAR 19

Global trade collapsing - Mar 16

U.S. exports falling at 49% pace as customers fade away.

U.S. credit card defaults rise to 20 year-high - Mar 16

U.S. credit card defaults rose in February to their highest level in at least 20 years, with losses particularly severe at American Express Co (AXP.N) and Citigroup (C.N) amid a deepening recession .

China "worried" about U.S. Treasury holdings - USA Today - Mar 13

China's premier expressed concern Friday about its massive holdings of Treasuries and other U.S. debt, appealing to Washington to safeguard their value, and said Beijing is ready to expand its stimulus if the economy worsens.

....Analysts estimate that nearly half of China's $2 trillion in currency reserves are in U.S. Treasuries and notes issued by other government-affiliated agencies.

Schwarzman Says Worldwide Wealth Destruction Is ‘Unprecedented' - Mar 13

Canada: Job losses accelerate - Unemployment rate surges to 7.7 per cent; 295,000 positions

gone since October - Globe And Mail - Mar 13

Unemployment in 7 States May Have Exceeded 20% in February - Mar 13

As I have previously pointed out, unemployment may actually be higher than during the same phase of the Great Depression. Specifically, as of 1930 - the year after the 1929 crash - the unemployment rate was 8.7 percent.

Overvalued euro set to plunge 'within months' - Mar 11

This would bring down the world economy fast.

Investors take out short trades when they expect a currency to fall. In recent days, futures traders in the US have significantly increased their bets that the euro will fall against the dollar. Data released by the Washington-based Commodity Futures Trading Commission on Friday showed that the "net short position" of trades against the euro by hedge funds and speculators almost doubled in the week to March 3 to 19,431 contracts from 10,081 contracts a week earlier.

45 percent of world's wealth destroyed - Mar 11

Economic Crisis = USA Riots - Mar 10

As the global economy continues its downward spiral, rioting due to this Wall Street led meltdown is spreading through the globe like wildfire. The list of countries experiencing civil unrest is growing by the day, to name some recent hotspots: Bolivia, Bosnia, Brazil, Britain, Bulgaria, Cameroon, China, Egypt, France, Greece, Germany, Haiti, Iceland, India, Indonesia, Ireland, Ivory Coast, Latvia, Lithuania, Mexico, Montenegro, Morocco, Nigeria, Pakistan, Panama, Philippines, Russia, Senegal, Thailand, Turkey, Ukraine and Yemen.

World Bank offers dire forecast for world economy - Mar 9

In a bleaker assessment than those of most private forecasters, the World Bank predicted Sunday that the global economy would shrink in 2009 for the first time since World War II.

Until now, even extremely pessimistic forecasters have predicted that the global economy would eke out a tiny expansion but had warned that even a growth rate of 5 percent in China would be a disastrous slowdown, given the enormous pressure there to create jobs for the country's rural population.

AIG threatens world economic collapse if it does not get more of YOUR money. - Mar 9

Dow Could Hit 4,000 - Mar 9

Warren Buffett says economy fell off a cliff - Mar 9

World Bank offers dire forecast for world economy - Mar 9

G20 ministers from U.S. and Europe set for clash over economic crisis solutions - Telegraph - Mar 9

The $700 trillion elephant - Mar 9
SEE WHAT ONE TRILLION DOLLARS LOOKS LIKE HERE

Maine's, New Hampshire's and Vermont's RBOC Appears Headed into Bankruptcy. - Mar 9

Yahoo! Finance AP - FairPoint posts 4Q loss amid higher costs FairPoint posts 4th-quarter loss as expenses weigh on results, company suspends dividend

For the full year, FairPoint posted a loss of $68.5 million, or 85 cents per share, on sales of $1.27 billion.

The U.S. Financial System Is Effectively Insolvent - Mar 8

Dow  6,497.43 Mar 6  

Paralyzed Markets Plunge to New Depths...Citigroup shares fall below $1 - Mar 5

A perfect storm of bad news ripped through Wall Street on Thursday, sending the Dow diving 281 points, the Nasdaq Composite to six-year lows and shares of Citigroup below the $1 mark for the first time ever. The Dow Jones Industrial Average fell 281.40 points, or 4.09%, to 6594.44,

U.S. productivity plummets, factory orders fall - Reuters - Mar 5

USA Credit Rating Will Plummet - Mar 4

Everyone wants to know, how long will it take before the Uncle Sam goes bust?

Puerto Rico government bankrupt - Mar 4

MORE than 30,000 government employees - about 14 per cent of the public work force - could lose their jobs and new taxes will be introduced as Puerto Rico attempts to shore up its ailing economy, the governor of the US island territory announced on Wednesday.

Dow closes below 6800, first time since 1997... Banks under pressure amid broad decline - Mar 2

Stocks Drop Worldwide, Treasuries rose after Warren Buffett said the economy is in “shambles" - Mar 2

Dow drops more than 200 points, falls below 6,900 - USA Today - Mar 2

ISM Ugliness: Manufacturing Drops Again; Worst Ever Employment - Mar 2

(THE PEOPLE BRINGING THIS ABOUT ARE ALL INTO NUMEROLOGY AND 13 IS A POWERFUL NUMBER WITH THESE WICKED MASONS)<- MY COMMENT

This with Fri 13th of the 3 rd month coming!

According to todays ISM release, the US Manufacturing sector dropped again in February while the employment sentiment fell to its lowest reading ever. This is the 13th straight months of manufacturing declines.

All of the 18 sectors surveyed reported a decline in February. The employment sentiment index dropped to 26.1%, the lowest reading EVER (In the 61 year history of the reading).

Dow Breaks Below 7,000 lowest level in 13 years - Mar 2

(THE PEOPLE BRINGING THIS ABOUT ARE ALL INTO NUMEROLOGY AND 13 IS A POWERFUL NUMBER WITH THESE WICKED MASONS)<- MY COMMENT

This with Fri 13th of the 3 rd month coming!

Looks like Rivero's March 6,000 prediction may be correct.

Futures for the Dow Jones Industrial Average are down sharply indicating an opening of 6,918, the lowest level in 13 years.

News of a massive loss from AIG, and the announcement that HSBC will pull out of the US consumer lending business is weighing in on the market. HSBC reported a 70% drop in profits as well as a dividend cut.

 

Worst one month job losses in 60 years expected - Mar 2

The recession tightened its grip on U.S. businesses and consumers in February, according to economists, who are predicting the largest one-month job loss in almost 60 years.

Beginning Now: The Panic Phase of the Collapse - Mar 2

The panic phase is an acceleration in the economic decline … a chain reaction of debt explosions … a free-fall in the financial markets … and a series of rude awakenings that will accelerate the decline even further.
 

New credit threat to banks - Mar 2

03 Mar 2009 Bad debts and the global downturn are threatening the credit ratings of Australia's Big Four banks, while new figures show business profitability is suffering its biggest fall in almost two decades. As Wayne Swan warned that the severe economic downturn faced by Australia's trading partners represented a threat to growth, and the share market tested seven-year lows, credit ratings agency Moody's yesterday issued a warning on three of Australia's biggest banks.

Buffett Says Economy Will Be ‘In Shambles’ for 2009 - Mar 1

Billionaire Warren Buffett said the economy will be “in shambles” for the rest of this year as financial firms take losses tied to reckless loans made during the housing boom.

Mortgage Delinquencies Jump 50 Percent - Mar 1

Dow 6,000 ? - Mar 1

News of the Citi takeover rattled the markets and the Dow Jones fell further by weeks end closing at 7,063 which was the lowest closing price since 1996. The odds of the Dow Jones challenging the 6,000 level has increased greatly.

Bailout The United States Treasury: The Last Remaining Asset Bubble Is Cracking - Feb 28

Prices of US Treasuries fell for a third consecutive day Thursday as excess supply swamped the market for government debt. Today's specific culprit was a huge 7-year note auction, though we are at last seeing an overall awakening by bond traders to the reality that a mountain of supply is coming and it will not be slowing down. The first cracks are finally beginning to show in the last remaining asset bubble. Delicate fiscal issues never discussed openly as recently as 12 months ago, are now standard fare. The economist wondered aloud if the US will be forced to default. Clusterstock has asked 'Default or Hyper-inflation? An academic paper is floating around questioning the solvency of the Fed.

Shares tumble across globe as figures reveal U.S. economy shrank 6% in last quarter

- the fastest rate in 25 years - Feb 27

Shares across the world plummeted today after news the U.S. economy contracted a staggering 6.2 per cent at the end of last year.

Consequently, London’s FTSE 100 index plunged 127.35 points to 3,788.29 and America’s Dow Jones fell 132.45 points to 7,049.63.

The worst business loss in UK history - Feb 26

Royal Bank of Scotland came a step closer to full-scale nationalisation today as the bank unveiled a record £24.1 billion loss and plans to raise up to £25.5 billion from the taxpayer.

WORLD MARKETS DOWN AGAIN AMID U.S. BANKING WORRIES - FEB 24

On Monday, the Dow plunged 250.89, or 3.4 percent, to 7,114.78. It last closed this low on May 7, 1997 when it finished at 7,085.65. The Dow hasn't traded below the 7,000 mark since October 1997.

IF IT BREAKS THIS LEVEL IT MAY DROP VERY VERY FAST... GOD IN HEAVEN TOLD US TO BE WISE SO PREPARE FOR THE WORST BUT DO NOT FEAR HAVE FAITH GOD WILL ALWAYS PROTECT US WHO WALK IN HIS WAYS.

Dow and S&P Close Below 2002 Lows - Feb 23

ChartingStocks.net wrote in our 2009 forecast, contrary to Wall St consensus, that we expect the Dow Jones to breach the 6,000 level this year and touch upon 5,800. The risk to our outlook would have been if the Dow Jones was able to hold the 2002 low but today’s action just raised the probability of breaching the 6,000 mark.

AMEX Offers $300 Gift Card to CLOSE Your Account - Feb 23

In an effort to curb the growing loan deficiencies and defaults, American Express is offering its cardholders a $300 gift card to close their account and pay off the balance by May 1st.

AmEx Pays Some Cardholders $300 to Close Accounts - Feb 23

American Express Co., the largest U.S. credit-card company by purchases, is paying some
cardholders $300 each to close accounts so the lender can reduce the risk of defaults as the recession deepens.

World stocks tumble in fierce sell-off; investors concerned about troubled financial sector - Feb 21

Definitely trouble ahead.... but how far ahead ?

Stocks Drop Around the World; Stoxx 600 Falls to 6-Year Low - Feb 20
 

Charts: Dow Has Just Days to Avoid Big Drop - Feb 19

The Dow [.DJIA 7555.63 3.03 (+0.04%) ] closed at 7,555 Wednesday, only a whisker above the critical November low of 7,552, which many analysts agree is holding the index back from a sharp leg lower.

The Looming Collapse of European Banking - Feb 19

Very large? That's it? Just very large? Twenty-five trillion dollars in losses are merely very large? That is twice the size of the gross domestic product of European Union.

The European Bank for Reconstruction and Development (EBRD) says bad debts will top 10pc and may reach 20pc. The Vienna press said Bank Austria and its Italian owner Unicredit face a "monetary Stalingrad" in the East. . . .

Stephen Jen, currency chief at Morgan Stanley, said Eastern Europe has borrowed $1.7 trillion abroad, much on short-term maturities. It must repay – or roll over – $400bn this year, equal to a third of the region's GDP. Good luck. The credit window has slammed shut.

Not even Russia can easily cover the $500bn dollar debts of its oligarchs while oil remains near $33 a barrel. The budget is based on Urals crude at $95. Russia has bled 36pc of its foreign reserves since August defending the rouble.

"This is the largest run on a currency in history," said Mr Jen.

Get Ready for Mass Retail Closings - Feb 19

About 220,000 stores may close this year in America, says our guest, retail consultant Howard Davidowitz of Davidowitz & Associates. As more Americans save and spend less, it's clear there's too much retail space. Just visit Web site deadmalls.com and track retail's growing body count. And luxury retailers? They're on "life support," Davidowitz says.

Stock Decline Hits Depression Levels - Feb 19

Money invested 10 years ago in stocks have lost half their real value, matching the worst ten years of the Great Depression

US, UK, Eurozone Banks Face Collapse: Global Banking System Insolvent - Feb 18

Next Wave of Banking Crisis to come from Eastern Europe - Feb 18

European banks face an entirely new wave of losses in coming months not yet calculated in any government bank rescue aid to date. Unlike the losses of US banks which derive initially from their exposures to low-quality sub-prime real estate and other securitized lending, the problems of western European banks, most especially in Austria, Sweden and perhaps Switzerland arise from the massive volumes of loans they made during the 2002-2007 period of extreme low international interest rates to clients in eastern European countries.

G.M. To Cut 47,000 Jobs While Chrysler Will Dump 3,000 Positions - Feb 18

(I could list all the Job losses but I will stick to the really big ones or this page will become to long.)

And late in the day, General Motors delivered the news that will make auto towns like Oshawa and St. Catharines cringe. The world's biggest car company says it will need between US$16.6 and $30 billion in federal aid to get back on all four wheels - and it will have to shed a startling 47,000 positions to do it. It will also close five plants but won't say which ones.

Economic News is Disastrous Worldwide - Feb 17

Indications from around the world show that the global depression is deepening. Here is a roundup giving the pulse of developments:

Russian Stock Market Collapses; Trading Halted - Feb 17

The Russian stock market collapsed today, causing the RTS and the Micex stock exchanges to suspend trading for one hour at 4:05 p.m. Moscow time. The RTS stock index, which is denominated in US dollar, plunged 9.4%, while the ruble-denominated Micex stock index fell 9.6%.

RED ALERT: FX Dislocation In Process - Updated (11:47 PM) - Feb 17 Maybe fear propaganda ?? Maybe not !

Someone, apparently someone in Asia, wants dollars. A LOT of dollars. There is a forced-liquidation event underway that is massive, it is against all asset classes and it is spreading.

Jesus warned us not to have fear but to have faith in him to protect us but still be wise as serpents and prepare with Cash and bulk food buys.

It is not a matter of if this will happen but when this will happen and the freemason mouth pieces are warning us it could happen all in one day so prepare even though these wicked people who are bringing this about are selling fear and are inherent liars still heed their warnings to prepare as this is happening world wide.

Eastern Europe is about to Blow up financially and could bring down the world  - Feb 17

Eastern Europe is about to blow. If it does, it could take much of the EU with it. It's an emergency situation but there are no easy solutions. The IMF doesn't have the resources for a bailout of this size and the recession is spreading faster than relief efforts can be organized. Finance ministers and central bankers are running in circles trying to put out one fire after another. Its only a matter of time before they are overtaken by events. If one country is allowed to default, the dominoes could begin to tumble through the whole region. This could trigger dramatic changes in the political landscape. The rise of fascism is no longer out of the question.

It’s Getting Ugly: Economist Says Hoard Gold & Scotch - Feb 17

Respected economist John Williams, editor of ShadowStats.com, a popular website that tracks real inflation figures, is advising that people hoard physical gold as well as food items in bulk so that they have some means with which to barter as the economic crisis turns ugly.

Failure to save East Europe will lead to worldwide meltdown - Feb 16

Do not fear but have faith and prepare for the worst and pray for the best.

Japan says economic crisis worst since WWII- Feb 16

Japan economy shrinks at fastest rate in 35 years - Feb 16

Recession worse than first feared, Bank of England's deputy Governor warns - Feb 16

IMF chief warns second wave of countries will require bail-out - Feb 15

International Herald Tribune: Large U.S. banks on edge of insolvency, experts say - Feb 13

Nouriel Roubini, a professor of economics at the Stern School of Business at
New York University says, "The United States banking system is effectively insolvent."

Euro Zone Sees Biggest Contraction on Record - Feb 13

Europe set for deep recession, economists warn - Feb 13

German Economy Contracts Severely Amid Global Crisis - Deutsche Welle - Feb 13

Obama’s Stimulus Not Enough to Avert Biggest GDP Drop Since 1946 - Feb 12

President Barack Obama’s stimulus plan will be insufficient to avert the biggest U.S. economic decline since 1946 as consumer spending posts its longest slide on record, according to a monthly Bloomberg News survey.

GOD TOLD US TO LIVE BY FAITH NOT FEAR BE STRONG AND TRUST IN THE LORD

BUT SMART AND START PLANNING FOR DISASTER ....IT IS COMING.

Prepare yourselves for what is being said in this video... We are very close to a dollar collapse in the U.S. which will bring down the world economy and it almost happened. These masons always sell fear and embed Hypnosis into their videos so Pray the Lord protect you but watch this video and Know they always tell us in advance what they are going to do to us .

Another Mason Gerald Celente warning of the 3 rd world war in 2009 and the coming global economic collapse.

This guy has never been wrong just like Alex Jones because he to has

Sun symbols of freemasonry in his signs as well and look at the freemason

owned media outlets that expose his work.

Remember that these wicked Lucifer worshippers always let us know

what they are about to do to us in advance.

Gerald Celente web site header give him away as being a mason

Take note of the Eclipse from Apocalypto movie and the Sun worship. The Sun symbol behind the Earth. The Earth being used as the new world order symbol are all embedded into this guys header. See more about the freemason Sun Worship here

Pray and have faith but surely heed the warnings.

Worst Recession For A Century' - Feb 10

'This is the worst recession for over 100 years Britain - Feb 10

Britain is facing its worst financial crisis for more than a century, surpassing even the Great Depression of the 1930s, one of Gordon Brown's most senior ministers and confidants has admitted.

Senate backs Obama's bank bailout as details of new $1.5trillion rescue deal are revealed - Feb 10

New Bailout May Top $1.5 Trillion - Feb 10

again there is no real cap the sky is the limit and no stopping at billions we will see Trillions.

Switzerland's biggest bank UBS on Tuesday said it lost about 17 billion dollars (13 billion euros) in 2008, the largest full-year loss in Swiss corporate history, as it announced that it would cut another 2,000 jobs.

$838 Billion dollar stimulus package passes market takes a dive - Feb 10

U.S. Taxpayers Risk $9.7 Trillion on Bailouts as Senate Votes - Feb 9

IMF may run out of cash to fight crisis in six months - Feb 9

US debt default to make dollar COLLAPSE! ROLLBACK COMING! - Feb 9

WTO Chief Joins Others in Warning of Crash-Induced Unrest - Feb 9

Fed borrowing could reach $4 trillion - Feb 7

California Pension Funds Close To Bankruptcy - Feb 5

The two largest pension funds in California, the California Public Employees’ Retirement System (CalPERS) and the California State Teachers’ Retirement System (CalSTRS), have lost billions of dollars in value. Hundreds of thousands of retiring state employees and teachers now face the stark choice of accepting much reduced pension checks or working past their retirement age.

Obama: Catastrophe Coming If Stimulus Not Passed - Feb 4

"Fool me once ..."

This is the same crap we heard last September when the TARP bailout was ramrodded through Congress. Then in October, three top economists at the Minneapolis Federal Reserve blew the whistle that there had been no crisis at hand. So Barack "Change you can believe in" Obama is basically playing the same damned trick all over again and thinks we are too stupid to realize it!

Peter Schiff: Stimulus Bill Will Lead to “Unmitigated Disaster”

http://www.youtube.com/peter-schiff-stimulus-bill-will-lead-to-unmitigated-disaster.

Auto sales plunge in January; GM drops 49%, Ford 40%, Toyota 32% - USA Today - Feb 3

World stocks fall on poor earnings, banking woes - Feb 2

World stock markets dropped Monday, with financial and energy stocks leading the way down as investors prepared for another week of poor earnings reports and gloomy economic data.

California goes broke, halts $3.5 billion in payments - Feb 2

California holds back payments amid budget crisis - Feb 2

More Economists Say Crisis Is Worse Than Great Depression - Jan 29

More prominent economists have declared that the U.S. is facing a depression that may be even worse than that of the 1930s.

Britain faces worst year since 1930s, warns IMF - Jan 29

Shell, Europe's largest oil company, falls to fourth-quarter loss as oil prices tumble - Jan 29 2009
Shell - the first of the major oil companies to report results for last year - recorded a net loss of $2.81bn (£2bn) in the three months to December as prices for oil and gas slumped in the face of the global downturn.

Is It Time to Bail Out of the US? -Jan 29

California State Controller John Chiang announced on January 26 that California’s bills exceed its tax revenues and credit line and that the state is going to print its own money known as IOUs. The template is already designed.

Instead of receiving their state tax refunds in dollars, California residents will receive IOUs. Student aid and payments to disabled and needy will also come in the form of IOUs. California is negotiating with banks to get them to accept the IOUs as deposits.

California is often identified as the world’s eighth largest economy, and it is broke.

Ford reports $5.9 billion loss - Jan 29

Airlines report ‘shocking’ plunge in traffic - Jan 29

The airline industry reported on Thursday an “unprecedented and shocking” plunge in global air cargo traffic.

General strike cripples France - Jan 29

Huge crowds join French strikes- Jan 29

Huge crowds have taken to the streets in France to protest over the handling of the economic crisis, causing disruption to rail and air services.

The Ugly Truth: America's Economy is Not Coming Back

Obviously the Obama administration recognizes that it needs to keep the finger of blame for the current economic collapse squarely pointed at the Bush administration, which is certainly fair in large part (though the Clinton deregulation of the banking industry played a major part in the financial crisis and its enthusiastic promotion of globalization began the massive shift of jobs overseas that has left the nation’s productive capacity hollowed out). But it also seems to recognize that it cannot tell the bitter truth, which is that our national economy will never “bounce back” to where it was in 2007.

TAKE NOTE OF THE ABOVE GRAPH I WAS SHOWN AND REALIZE THE ECONOMY WILL NEVER COME CLOSE AGAIN.

Rioting Greeks, angry Germans and why the euro may well collapse - Jan 28

The Brussels elite are pretending the question does not arise, but the financial world knows the question is there, hanging over the entire European Union economy: is the single European currency going to break apart?

The Biggest Bubble in the History of the World - Jan 28

They're terrified in DC, says Ron Paul. (Podcast.)

Storm of global riots on the horizon - Russia Today - Jan 28

74,000 Job Cuts Announced.

Caterpillar Inc., Sprint Nextel Corp. and Home Depot Inc. led companies today announcing at least 72,500 job cuts as sales withered and construction slowed amid a global economic recession that may persist through 2009.

Pfizer Inc., the New York-based drugmaker that’s acquiring competitor Wyeth for $68 billion, said it will close five factories and eliminate 19,000 jobs, or 15 percent, of the combined

WORLD ECONOMIC RIOTS BREAK OUT VIDEOS - JAN 25

Worldwide Economic Protests and Riots - Jan 25

Be warned the militaries of all western nations have been practicing for these riots to happen here and all signs say it could happen soon.

Economic conditions in Iceland and other parts of the world continue to deteriorate as the effects of the credit crisis affect the general economy.

Economic related rioting is also increasing in Eastern Europe. In particular, Latvia has seen some extremely violent rioting. Rioting has also been seen in Greece, Bulgaria and Lithuania. There is a great deal of unrest in China,...   In particular, the city of Guangdong, has seen large scale rioting.

http://hubpages.com/hub/Worldwide-Economic-Protests-and-Riots - Jan 25

Earnings, economy - here comes 'terrible' - Jan 25

Investors this week will face the largest batch of company report cards yet, in what is quickly shaping up to be the worst quarter for corporate profits in a decade.

Catholic Masons decree Order "out of Chaos"

We can see their finger print at the scene of the New World Order's economic crime scene.

Downturn Accelerates As It Circles The Globe - Jan 25

The world economy is deteriorating more quickly than leading economists predicted only weeks ago, with Britain yesterday becoming the latest nation to surprise analysts with the depth of its economic pain.

World Agenda: riots in Iceland, Latvia and Bulgaria are a sign of things to come Jan 25

Cities, towns expect to fire