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Is Saudi Arabia Heading For War With Iran?

Is Saudi Arabia Heading For War With Iran? 

Is a major war in the Middle East looming on the horizon?  Most of us living in the western world simply do not realize how much Saudi Arabia and Iran truly hate one another.  Saudi Arabia is the global center for Sunni Islam, and Iran is the global center for Shia Islam, and the two major sects of Islam have a history of bad blood that literally goes back for over a thousand years.  The Saudis and the Iranians are already engaged in “proxy wars” in Syria and in Yemen, and now a missile that was fired at Riyadh’s international airport threatens to turn the conflict between the two regional powers into a hot war.

If you are tempted to think that I am exaggerating one bit, just consider what the New York Times is saying about this…

Saudi Arabia charged Monday that Iran had committed “a blatant act of military aggression” by providing its Yemeni allies with a missile fired at the Saudi capital over the weekend, raising the threat of a direct military clash between the two regional heavyweights.

The accusations represent a new peak in tensions between Saudi Arabia and Iran at a time when they are already fighting proxy wars in Yemen and Syria, as well as battles for political power in Iraq and Lebanon.

And Yahoo is reporting that the Saudis are saying that this missile attack “may amount to an act of war”…

On Monday, a Saudi-led military coalition battling Tehran-backed rebels in Yemen said it reserved the “right to respond” to the missile attack on Riyadh at the weekend, calling it a “blatant military aggression by the Iranian regime which may amount to an act of war”.

Saudi Foreign Minister Adel al-Jubeir also warned Tehran.

…click on the above link to read the rest of the article…

The Federal Reserve Has Just Given Financial Markets The Greatest Sell Signal In Modern American History

The Federal Reserve Has Just Given Financial Markets The Greatest Sell Signal In Modern American History

Why have stock prices risen so dramatically since the last financial crisis?  There are certainly many factors involved, but the primary one is the fact that the Federal Reserve has been creating trillions of dollars out of thin air and has been injecting all of that hot money into the financial markets.  But now the Federal Reserve is starting to reverse course, and this has got to be the greatest sell signal for financial markets in modern American history.  Without the artificial support of the Federal Reserve and other global central banks, there is no possible way that the massively inflated asset prices that we are witnessing right now can continue.

The chart below comes from Sven Henrich, and it does a great job of demonstrating the relationship between the Fed’s quantitative easing program and the rise in stock prices.  During the last financial crisis the Fed began to dramatically increase the size of our money supply, and they kept on doing it all the way through the end of October 2017…

Unfortunately for stock traders, the Federal Reserve has now decided to change course, and that means that the process that has created these ridiculous stock prices is beginning to go in reverse.  In fact, according to Wolf Richter this reversal just started to go into motion within the past few days…

On October 31, $8.5 billion of Treasuries that the Fed had been holding matured. If the Fed stuck to its announcement, it would have reinvested $2.5 billion and let $6 billion (the cap for the month of October) “roll off.” The amount of Treasuries on the balance sheet should then have decreased by $6 billion.

…click on the above link to read the rest of the article…

78 Percent Of U.S. Workers Are Living ‘Paycheck To Paycheck’ And 71 Percent Of Them Are In Debt

78 Percent Of U.S. Workers Are Living ‘Paycheck To Paycheck’ And 71 Percent Of Them Are In Debt

Are you living paycheck to paycheck?  Is so, you are just like most other hard working Americans.  As you will see below, 78 percent of full-time workers in the United States say that they are living paycheck to paycheck.  That is the highest figure ever recorded, and it is yet more evidence that the middle class is under an increasing amount of stress.  The cost of living is rising at a much faster pace than our paychecks are, and more families are falling out of the middle class with each passing month.  Unfortunately, this is something that the mainstream media really doesn’t want to talk about these days.  Instead, they just keep having us focus on the soaring financial markets which are being grossly artificially inflated by global central banks.

When I came across the numbers that I am about to share with you I was actually quite stunned.  I knew that things were not great in “the real economy”, but I didn’t expect that the number of Americans living paycheck to paycheck would actually be rising.  But that is precisely what a brand new survey that was just released by CareerBuilder is saying…

Seventy-eight percent of full-time workers said they live paycheck to paycheck, up from 75 percent last year, according to a recent report from CareerBuilder.

Overall, 71 percent of all U.S. workers said they’re now in debt, up from 68 percent a year ago, CareerBuilder said.

While 46 percent said their debt is manageable, 56 percent said they were in over their heads. About 56 percent also save $100 or less each month, according to CareerBuilder.

…click on the above link to read the rest of the article…

On November 4th The Antifa Insurgency Against Donald Trump And His Supporters Will Begin

On November 4th The Antifa Insurgency Against Donald Trump And His Supporters Will Begin

Are we about to see chaos in the streets in major cities all over America?  Antifa and other radical leftist groups are promising that a series of protests will begin on November 4th that will never end until “the Trump/Pence regime” is “removed from power”.  And as you will see below, Antifa has openly and publicly embraced violence and the Department of Homeland Security says that they have engaged in domestic terrorism.  Hopefully these “protests” will fizzle out after a few weeks, because political organizations that believe in “the necessary use of violence” have no place in our society.

Amazingly, there are still some out there that are claiming that the radical left is not planning anything for November 4th.  The following comes directly from refusefascism.org, which is one of the key websites for Antifa and other radical leftist groups…

ON NOVEMBER 4, 2017:

We will gather in the streets and public squares of cities and towns across this country, at first many thousands declaring that this whole regime is illegitimate and that we will not stop until our single demand is met: This Nightmare Must End: the Trump/Pence Regime Must Go!

Our protest must grow day after day and night after night—thousands becoming hundreds of thousands, and then millions—determined to act to put a stop to the grave danger that the Trump/Pence Regime poses to the world by demanding that this whole regime be removed from power.

Our actions will reflect the values of respect for all of humanity and the world we want—in stark contrast to the hate and bigotry of the Trump/Pence fascist regime.

…click on the above link to read the rest of the article…

Will America’s Prosperity Be Completely Wiped Out By Our Growing Debt?

Will America’s Prosperity Be Completely Wiped Out By Our Growing Debt?

The federal government is now 20.4 trillion dollars in debt, and most Americans don’t seem to care that the economic prosperity that we are enjoying today could be completely destroyed by our exploding national debt.  Over the past decade, the national debt has been growing at a rate of more than 100 million dollars an hour, and this is a debt that all of us owe.  When you break it down, each American citizen’s share of the debt is more than $60,000, and so if you have a family of five your share is more than $300,000.  And when you throw in more than 6 trillion dollars of corporate debt and nearly 13 trillion dollars of consumer debt, it is not inaccurate to say that we are facing a crisis of unprecedented magnitude.

Debt cannot grow much faster than GDP indefinitely.  At some point the bubble bursts, and when it does the pain that the middle class is going to experience is going to be off the charts.  Back in 2015, the middle class in the U.S. became a minority of the population for the first time ever.  Never before in our history has the middle class accounted for less than 50 percent of the population, and all over the country formerly middle class families are under a great deal of stress as they attempt to make ends meet.  The following comes from an absolutely outstanding piece that was just put out by Charles Hugh Smith

If you talk to young people struggling to make ends meet and raise children, or read articles about retirees who can’t afford to retire, you can’t help but detect the fading scent of prosperity.

…click on the above link to read the rest of the article…

How The Elite Dominate The World – Part 5: The Endgame Is Complete And Utter Global Domination

How The Elite Dominate The World – Part 5: The Endgame Is Complete And Utter Global Domination

Do you want your children and grandchildren to grow up in a global socialist “utopia” in which everything about their lives is micromanaged by bureaucrats working for a worldwide system of government instituted by the elite?  To many of you this may sound like something out of a futuristic science fiction novel, but the truth is that this is exactly where the elite want to take us.  This is their endgame.  Their agenda has been quietly moving forward for decades, and if we don’t take a stand now, future generations of Americans could very well end up living in a dystopian nightmare with none of the liberties or freedoms that we enjoy today.

Bill Clinton’s mentor at Georgetown University, Dr. Carroll Quigley, wrote about this network of elitists in a book entitled Tragedy and Hope

In fact, this network, which we may identify as the Round Table Groups, has no aversion to cooperating with the Communists, or any other groups, and frequently does so. I know of the operations of this network because I have studied it for twenty years and was permitted for two years, in the early 1960’s, to examine its papers and secret records. I have no aversion to it or to most of its aims and have, for much of my life, been close to it and to many of its instruments…my chief difference of opinion is that it wishes to remain unknown, and I believe its role in history is significant enough to be known…because the American branch of this organisation (sometimes called the “Eastern Establishment”) has played a very significant role in the history of the United States in the last generation.

…click on the above link to read the rest of the article…

How The Elite Dominate The World – Part 4: They Buy Politicians, And Incumbents Almost Always Win

How The Elite Dominate The World – Part 4: They Buy Politicians, And Incumbents Almost Always Win

Once we wake up to how the game is being played, then we will have a real shot at changing things.  For decades, the elite have been pulling the strings behind the scenes in both major political parties.  That is why nothing has ever seemed to change very much no matter which party has been in power.  The agenda of the elite has always seemed to march forward, and ordinary people like us have always been frustrated that we can’t seem to make a difference.  But now a shift seems to be taking place.  Donald Trump took on the establishment in both major parties, and he miraculously won the presidency.  Down in Alabama, the elite spent more than 30 million dollars to defeat Roy Moore, and he still defeated Luther Strange.  A political awakening is taking place, and I can’t wait to see what happens during the mid-term elections in 2018.

In Part I and Part II of this series, I talked about how the elite use debt as a tool of enslavement.  In Part III, I went over how the elite use the colossal media corporations they own to control what we think.  Today, I want to talk about their influence in the realm of politics.

In Washington D.C., it is well understood that the game of politics is all about the money.  If I win my election, and online polling suggests that there is a ton of enthusiasm for my campaign, I will be expected to spend most of my time on the phone raising money.  As a freshman member of Congress, at orientation it will be explained to me that I am supposed to spend approximately four hours a day doing fundraising, and that is why the House and Senate floors are so empty most of the time.

By law, members of Congress cannot make fundraising calls from their offices, and so both parties have huge call centers just across from the Capitol.  Especially around lunch and dinner times (because those are some of the best times to reach people), those call centers are packed as members of the House and Senate run through lists of potential donors.

And it isn’t just about raising money for their own campaigns.  As a freshman member of Congress I would be expected to raise at least $200,000 for the NRCC (the National Republican Congressional Committee).  If I don’t pay my dues, I would get into big trouble with party leadership.

But you know what?  I have already pledged that I am not going to participate in this very corrupt system.  If I am sent to Congress, I am going to spend my time doing the job that the people of Idaho sent me there to do.

So will Paul Ryan and the others in leadership get very upset with me for not “paying my dues”?

Of course.

But it is time for some of us to take a stand and do what is right.  Congress has become a cesspool of filth and corruption, and it is time to flush the toilet.

Because if we don’t fight this corrupt system, the influence of money in politics will just get worse and worse.  Today, the elite pour millions upon millions of dollars even into small campaigns, and in 2016 it took an average of more than 10 million dollars to win a U.S. Senate seat

How The Elite Dominate The World – Part 3: 90% Of What You Watch On Television Is Controlled By Just 6 Giant Corporations

How The Elite Dominate The World – Part 3: 90% Of What You Watch On Television Is Controlled By Just 6 Giant Corporations

How much is your view of the world shaped by what you see on television?  On average, Americans spend more than 150 hours watching television every month, and it is called “programming” for a reason.  If you allow anyone to pour ideas and information into your mind for five hours a day, it is going to change how you look at reality.  Everyone has an agenda, and every single news program, television show and movie is trying to alter your views.  Sadly, our society has become absolutely addicted to media, and the mainstream media is completely dominated by the elite.  In fact, about 90 percent of the programming that comes through your television is controlled by just 6 gigantic media corporations.  Most of us are willingly plugging ourselves into this “propaganda matrix” that is completely dominated by the elite for several hours each day, and that gives them an enormous amount of power over the rest of us.

In Part I and Part II of this series, I discussed how the elite use money as a tool to dominate the planet.  Today, we are going to talk about how they use information.  If you control what people think, then you control a society.  And through their vast media empires, the elite are able to shape how we all think to a frightening degree.

Just think about it.  What do we talk about with our family, our friends and our co-workers?  To a large extent, those conversations are about movies, television shows, something that we just saw on the news or a sporting event that just took place.  The reason why we talk about certain things is because the mainstream media gives those things attention, and other things we ignore because the mainstream media does not make them seem to be important.

…click on the above link to read the rest of the article…

How The Elite Dominate The World – Part 2: 99.9% Of The Global Population Lives In A Country With A Central Bank

How The Elite Dominate The World – Part 2: 99.9% Of The Global Population Lives In A Country With A Central Bank

Even though the nations of the world are very deeply divided on almost everything else, somehow virtually all of them have been convinced that central banking is the way to go.  Today, less than 0.1% of the population of the world lives in a country that does not have a central bank.  Do you think that there is any possible way that this is a coincidence?  And it is also not a coincidence that we are now facing the greatest debt bubble in the history of the world.  In Part I of this series, I discussed the fact that total global debt has reached 217 trillion dollars.  Once you understand that central banks are designed to create endless debt, and once you understand that 99.9% of the global population lives in a country that has a central bank, then it finally makes sense why we have accumulated so much debt.  The elite of the world use debt as a tool of enslavement, and central banking has allowed them to literally enslave the entire planet.

Some of you may not be familiar with how a “central bank” differs from a normal bank.  The following definition of a “central bank” comes from Wikipedia

A central bank, reserve bank, or monetary authority is an institution that manages a state’s currency, money supply, and interest rates. Central banks also usually oversee the commercial banking system of their respective countries. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the monetary base in the state, and usually also prints the national currency,[1] which usually serves as the state’s legal tender.

 

…click on the above link to read the rest of the article…

How The Elite Dominate The World – Part 1: Debt As A Tool Of Enslavement

How The Elite Dominate The World – Part 1: Debt As A Tool Of Enslavement

Throughout human history, those in the ruling class have found various ways to force those under them to work for their economic benefit.  But in our day and age, we are willingly enslaving ourselves.  The borrower is the servant of the lender, and there has never been more debt in our world than there is right now.  According to the Institute of International Finance, global debt has hit the 217 trillion dollar mark, although other estimates would put this number far higher.  Of course everyone knows that our planet is drowning in debt, but most people never stop to consider who owns all of this debt.  This unprecedented debt bubble represents that greatest transfer of wealth in human history, and those that are being enriched are the extremely wealthy elitists at the very, very top of the food chain.

Did you know that 8 men now have as much wealth as the poorest 3.6 billion people living on the planet combined?

Every year, the gap between the planet’s ultra-wealthy and the poor just becomes greater and greater.  This is something that I have written about frequently, and the “financialization” of the global economy is playing a major role in this trend.

The entire global financial system is based on debt, and this debt-based system endlessly funnels the wealth of the world to the very, very top of the pyramid.

It has been said that Albert Einstein once made the following statement

“Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it.”

…click on the above link to read the rest of the article…

Red Flag Warning: These California Wildfires Are ‘Among The Most Destructive Fire Events In US History’ And They Are About To Get Even Worse

Red Flag Warning: These California Wildfires Are ‘Among The Most Destructive Fire Events In US History’ And They Are About To Get Even Worse

The wildfires that are roaring through northern California are already “among the most destructive fire events in U.S. history”, and by the time it is all said and done this could be the worst wildfire season in the history of the state.  So far, fires have scorched more than 250 square miles, and more than 3,500 homes and businesses have already been destroyed.  The official death toll has risen to 21, but that is expected to rise dramatically because over 600 missing persons reports have been filed with authorities.  The worst damage has been done in Napa and Sonoma counties, and you can see some deeply troubling photos of the devastation here and here.

Unfortunately, this crisis is far from over.  In fact, the National Weather Service has just issued a pair of “red flag warnings”

The weather forecast is not looking good for those living in wine country, and for those firefighters trying to get a handle on the 22 wildfires raging through Northern California, which broke out Sunday and are barely contained more than three days later.

The National Weather Service issued a red flag warning for the North and East bays starting at 5 p.m. Wednesday and midnight on Thursday respectively.

That means winds can gust from 20 mph to 50 mph in the higher elevation areas, fanning the flames down mountains and into the cities.

So as bad as things are at this moment, the truth is that they are going to get even worse over the next 24 hours.

And that is quite sobering to hear, because this is already one of “the most destructive fire events in U.S. history”

…click on the above link to read the rest of the article…

Another Major Disaster Hits The U.S. – A Massive ‘Firestorm’ Is Burning Tens Of Thousands Of Acres In Northern California

Another Major Disaster Hits The U.S. – A Massive ‘Firestorm’ Is Burning Tens Of Thousands Of Acres In Northern California

The nation is still reeling from a series of major disasters in recent weeks, and now another one has hit us.  At this moment, an enormous “firestorm” is consuming tens of thousands of acres in eight counties in northern California. Wind gusts of up to 50 mph are rapidly driving 15 large wildfires across Napa, Sonoma, Lake, Mendocino, Yuba, Nevada, Calaveras and Butte counties, and the devastation that is taking place is being described as “like Armageddon”.  Ultimately, it looks like this is going to be one of the worst months for wildfires in the history of the state, and all of this comes on the heels of Hurricane Harvey, Hurricane Irma and the Las Vegas shooting.  Ever since late August, it seems like all hell has broken loose in America.

So far at least 1,500 structures have been destroyed, at least 20,000 people have been evacuated and at least 73,000 acres have been burned.  The smell of smoke has reached San Jose, Oakland and San Francisco, and California Governor Jerry Brown has officially declared a state of emergency.

If these wildfires were just consuming isolated parts of northern California, this wouldn’t be such a big story.  The reason why this crisis is getting so much attention from the national media is because some of these fires are raging “unchecked through high-end resorts, grocery stores and tree-lined neighborhoods”

More than a dozen wildfires whipped by powerful winds swept through California wine country Monday, destroying at least 1,500 homes and businesses and sending thousands fleeing as flames raged unchecked through high-end resorts, grocery stores and tree-lined neighborhoods.

…click on the above link to read the rest of the article…

The Globalists Are Systematically Destroying America’s Middle Class

The Globalists Are Systematically Destroying America’s Middle Class

When people are dependent on the government they are much easier to control.  We are often told that we are not “compassionate” when we object to the endless expansion of government social programs, but that is not how the debate should be framed.  In America today, well over 100 million people receive money from the federal government each month, and the number of Americans that are truly financially independent is continually shrinking.  In fact, only 25 percent of all Americans have more than $10,000 in savings right now according to one survey.  If we eventually get to the point where virtually all of us are dependent on the government for our continued existence, that would give the globalists a very powerful tool of control.  In the end, they want as many of us dependent on the government as possible, because those that are dependent on the government are a lot less likely to fight against their agenda.

Back in 1992, the bottom 90 percent of American income earners brought in more than 60 percent of the country’s income.  But last year that figure slipped to just 49.7 percent.  The wealth of our society is increasingly being concentrated at the very top, and the middle class is steadily being eroded.  Surveys have found that somewhere around two-thirds of the country is living paycheck to paycheck at least part of the time, and so living on the edge has become a way of life for most Americans.

Earlier today, I came across a Business Insider article that was bemoaning the fact that the U.S. economy seems to be rather directionless at this point…

…click on the above link to read the rest of the article…

Top Financial Expert Warns Stocks Need To Drop ‘Between 30 And 40 Percent’ As Bankruptcy Looms For Toys R Us

Top Financial Expert Warns Stocks Need To Drop ‘Between 30 And 40 Percent’ As Bankruptcy Looms For Toys R Us

Will there be a major stock market crash before the end of 2017?  To many of us, it seems like we have been waiting for this ridiculous stock market bubble to burst for a very long time.  The experts have been warning us over and over again that stocks cannot keep going up like this indefinitely, and yet this market has seemed absolutely determined to defy the laws of economics.  But most people don’t remember that we went through a similar thing before the financial crisis of 2008 as well.  I recently spoke to an investor that shorted the market three years ahead of that crash.  In the end his long-term analysis was right on the money, but his timing was just a bit off, and the same thing will be true with many of the experts this time around.

On Monday, I was quite stunned to learn what Brad McMillan had just said about the market.  He is considered to be one of the brightest minds in the financial world, and he told CNBC that stocks would need to fall “somewhere between 30 and 40 percent just to get to fair value”…

Brad McMillan — who counsels independent financial advisors representing $114 billion in assets under management — told CNBC on Monday that the stock market is way overvalued.

The market probably would have to drop somewhere between 30 and 40 percent to get to fair value, based on historical standards,” said McMillan, chief investment officer at Massachusetts-based Commonwealth Financial Network.

McMillan’s analysis is very similar to mine.  For a long time I have been warning that valuations would need to decline by at least 40 or 50 percent just to get back to the long-term averages.

…click on the above link to read the rest of the article…

Venezuela Has Officially Abandoned The Petrodollar – Does This Make War With Venezuela More Likely?

Venezuela Has Officially Abandoned The Petrodollar – Does This Make War With Venezuela More Likely?

Venezuela is the 11th largest oil producing country in the entire world, and it has just announced that it is going to stop using the petrodollar.  Most Americans don’t even know what the petrodollar is, but for those of you that do understand what I am talking about, this should send a chill up your spine.  The petrodollar is one of the key pillars of the global financial system, and it allows us to live a far higher standard of living than we actually deserve.  The dominance of the petrodollar has been very jealously guarded by our government in the past, and that is why many are now concerned that this move by Venezuela could potentially lead us to war.

I don’t know why this isn’t headline news all over the country, but it should be.  One of the few major media outlets that is reporting on this is the Wall Street Journal

The government of this oil-rich but struggling country, looking for ways to circumvent U.S. sanctions, is telling oil traders that it will no longer receive or send payments in dollars, people familiar with the new policy have told The Wall Street Journal.

Before we go any further, we should discuss what we mean by the “petrodollar” for those that are not familiar with the concept.  The following comes from an excellent article by Christopher Doran

In a nutshell, any country that wants to purchase oil from an oil producing country has to do so in U.S. dollars. This is a long standing agreement within all oil exporting nations, aka OPEC, the Organization of Petroleum Exporting Countries. The UK for example, cannot simply buy oil from Saudi Arabia by exchanging British pounds. Instead, the UK must exchange its pounds for U.S. dollars. The major exception at present is, of course, Iran.

…click on the above link to read the rest of the article…

Olduvai IV: Courage
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Olduvai II: Exodus
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