Feds Bailout of Europe

As the author notes: "No matter the legalistic interpretation, the Fed is, working through the ECB, bailing out European banks and, indirectly, spendthrift European governments." The point to posting this? We are systematically collecting all the world's financial problems, deferring them, but rolling them into one big climactic Dollar crisis. This is a wealth transfer from ordinary Americans and others who hold dollar denominated financial assets, to bankrupt banks (or banksters), and governments in Europe.
Gerald P. O'Driscoll Jr: The Fed's covert bailout of Europe | Gold Anti-Trust Action Committee:: www.gata.org/node/10825
http://chumly.com/n/efe6d6

More on Military Detention for Civilians

Our Idaho Senators voted for the NDAA, from what I have been told. I e-mailed them for an explanation and got none. I guess being the lesser of two evils is good enough for establishment Republicans in Idaho. I hope this recall in Montana succeeds.
EconomicPolicyJournal.com: Montanans Launch Recall of Senators Who Approved NDAA Military Detention:: www.economicpolicyjournal.com/2011/12/montanans-la....html
http://chumly.com/n/efb8f9

Dollar Losing Trade Currency Status

This is a move which will undoubtedly decrease international demand for the Dollar, causing it to weaken. With the world's second and third largest economies abandoning it, we will feel the impact of this. How would America do if it were no longer subsidized by its trading partners? If it had to give as much as it got in trade, and could no longer just increase its largest export--debt?
China, Japan to Back Direct Trade of Currencies - Bloomberg:: www.bloomberg.com/news/2011-12-25/china-japan-to-p....html
http://chumly.com/n/ef834f

European Central Bank's Stealth QE

The author notes: "A bank can now borrow from the ECB at 1% per year for 3 years, invest in a 3-year Italian bond paying 6% plus, and pocket 5% each year in pure profit." This is why the banking industry can show record profits even while making virtually no economy stimulating loans. This is a fraud that creates no legitimate economic growth in the long run, but can create a flush in the short run. Its real accomplishment when all is said and done will be to extend irresponsible and even criminal behavior by governments and banks for a little longer. It will drain what life is left in the economies involved to keep unsustainable and irresponsible government programs afloat for a little longer. This, in all likelihood, is what our own central bank is doing here in the US.
How Gold, Silver And Platinum Will Respond To ECB's Money Printing - Seeking Alpha:: seekingalpha.com/article/315636-how-gold-silver-an...nting
http://chumly.com/n/edec70

NAR Inflated Housing Market Numbers

Here is the proof of manipulation in the housing reports. Government reports on employment and the economy are manipulated to shape the perception of the public as well. We have experienced steady deterioration in all the meaningful economic fundamentals for at least ten years. It is time to admit that our biggest threat to survival is our own government entities as they lie, steal, manipulate markets, line the pockets of those in power in DC and Wall Street, and bring us all the while toward financial climax. Why is it governments always sell themselves as "Robin Hoods" but turn out to be "Prince Johns"?
US Housing Market Was Artificially Inflated By 14% In 2007-2010 NAR Reports | ZeroHedge:: www.zerohedge.com/news/us-housing-market-was-artif...ports
http://chumly.com/n/ed89b8

Comprehensive Overview of Our Financial/Political State

This financial publisher takes an issue of his newsletter to summarize the fraying of western civilization, our government and way of life here in America. He is one of the best in the industry. Read it carefully.
The Corruption of America:: www.stansberryresearch.com/pub/reports/201112PSI_i....html
http://chumly.com/n/ed2513

Ron Paul Predicts More Bailouts

The US saving the Euro is cabling two sinking ships together, it just makes it harder for the passengers to get lifeboats launched.
Beware the Coming Bailouts of Europe | Ron Paul | www.safehaven.com:: www.safehaven.com/article/23715/beware-the-coming-...urope
http://chumly.com/n/ecc626