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"Economy is half the battle of life. It is not so hard to earn money as to spend it well".
Charles Spurgeon.

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debsyl
debsyl
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Yesterday
debsyl created a new topic What ISIS Really Wants in the forums.
Although a length article, it is worth spending the time to read this. It will shed light on ISIS and its followers.

www.theatlantic.com/features/archive/201...really-wants/384980/
10:05 PM
Jeff Nielson replied to the topic Re: Sea levels rise around New York in the forums.
Let me add another "P.S." here as a point of analysis/logic. When I do my own research; I have traditionally always focused my time looking at materials of those with the OPPOSITE viewpoint.

Why do I do this? Because when I'm strongly certain that my position is the correct one; I can obtain more "proof" by picking apart the lies or omissions or errors in logic of my Opponents than I can generally do via (directly) researching my own position.

Again, this is a simple function of logical analysis. "Proving" something (in positive terms) is an extremely difficult proposition. This is something which can only be appreciated by people with a background in science, mathematics, or probability/statistics (which includes myself).

Instead, what is much more achievable is to simply demonstrate which side is WEAKER. This is what I've done here with this piece of anti-global warming disinformation. I've shown that the claim by these pseudo-scientists is not merely implausible, but RIDICULOUS.

The only way that "ocean currents" could cause a LONG-TERM rise in sea levels is through centrifugal force -- i.e. the ocean currents speeding-up faster and faster and faster...



For the Skeptics who have been fooled by anti-global warming brainwashing; this is the point upon which you MUST focus. Stating that global warming hasn't been "proven absolutely" is meaningless, because proving anything in the realm of climate analysis with such certainty is currently beyond our level of science.

What IS within our analytical capabilities is to judge the RELATIVE MERITS of each side. And, in my own experience, I never see silly/ridiculous claims by the (legitimate) scientists who advocate/acknowledge global warming, while I regularly see idiocy like this whenever the Establishment tries to tell their own lies on this subject.
12:30 PM
Jeff Nielson created a new topic Sea levels rise around New York in the forums.
I saw this at Sinclair's site this morning, and there are a couple of points to note along with the obvious one: the sea level around New York jumped by 128 millimeters (about inches) in just two years.

As I have been pointing out in our global warming discussions; even (seemingly) "small" rises in sea levels have a MAJOR IMPACT, and thus the dramatic changes taking place today should be alarming any/all sane individuals, bringing me to the most significant data point reported in the article:

"The extreme sea level rise event during 2009-10 along the northeast coast of North America is unprecedented during the past century," Prof Jianjun Yin of the University of Arizona told BBC News.

"Statistical analysis indicates that it is a 1-in-850 year event."


In other words, what we're seeing today is not merely "anomalous" but are rather EXTREME ANOMALIES. Now note the sentence which immediately precedes the last quote.

Climate models suggest extreme sea level rises will become more common this century.

When extreme anomalies become the "norm", this is conclusive proof that what is currently happening is not "natural", in any way/shape/form. Unless something else has changed in the universe to affect the Earth's climate (i.e. if the Sun had heated-up); then what is happening to our climate must be MAN-MADE.

Note that this information is presented with NO MENTION of "global warming". How can you write an article about dramatically rising sea levels, and not mention the phrase "global warming", even as a possibility? Obviously no honest journalist could possibly "forget" to make some reference to this. Indeed, this reads purely like anti-global warming disinformation.

Commenting on the study, Prof Rowan Sutton, climate scientist at the National Centre for Atmospheric Science, University of Reading, said climate models suggest an increase in such events.

"This study identifies a record breaking high sea level event that occurred along part of the US east coast in 2009-10.

"There is strong evidence that the likelihood of such events has been increased by climate change, and that we should expect more such events in the future.

"This example illustrates how individual extreme events are influenced by multiple factors - in this case the global rise of sea levels, regional changes in ocean circulation, and wind patterns."

Dr Dan Hodson, also from the University of Reading, said the analysis underlined the importance of understanding the connections between surges in sea levels and ocean currents.

"Sea level change is a complex phenomenon, especially on the regional scale, where changes to the global ocean circulation can play a major role," he said.

"The east coast of North America is quite close to an area of active, fast ocean currents, and so is quite sensitive to changing ocean circulation.


What we're led to believe by these "experts" is that even extreme changes in sea levels can be nothing more than (supposedly) changes in ocean currents. Yes, perhaps this could be true over short-term intervals. But as a matter of simple physics; "ocean currents" cannot cause steadily rising sea levels over longer term periods -- which is precisely what is indicated in this data.

The ONLY way that ocean levels can rise steadily, over longer-term intervals is if there is MORE WATER in the oceans -- i.e. ice has been melting. Thus what we have is INSIDE this piece of anti-global warming bullshit; we have the Deniers admitting that sea levels are rising at an extreme rate.

P.S. This is the BBC's so-called "science correspondent" who put out this piece of propaganda, so there can be no claim of simple ignorance here.




US sea level north of New York City 'jumped by 128mm'

www.bbc.com/news/science-environment-31604953

Sea levels north of New York City rose by 128mm in two years, according to a report in the journal, Nature Communications.

Coastal areas will need to prepare for short term and extreme sea level events, say US scientists.

Climate models suggest extreme sea level rises will become more common this century.

"The extreme sea level rise event during 2009-10 along the northeast coast of North America is unprecedented during the past century," Prof Jianjun Yin of the University of Arizona told BBC News.

"Statistical analysis indicates that it is a 1-in-850 year event."...
12:14 PM
Koos Jansen has published a follow-up to that original "Google translation". Apparently much/most of his audience had a hard time digesting the gist of it (lol). My own interpretation appears to be in synch with Jansen.

He is reporting that (supposedly) the amount of "unallocated" (i.e. imaginary) gold comprising Austria's holdings has decreased from 56% to 'only' 22%. But then Jansen adds more information -- which casts enormous doubt on all these "accounting" numbers from the lying banksters and politicians.

According to Jansen:

Currently Germany, Estonia, Ireland, Greece, Italy, Cyprus, Latvia, Luxembourg, The Netherlands, Slovakia and Finland are fully allocated.

While Mr. Jansen is only the messenger here (so I won't "shoot" him); I'm surprised he reported these numbers without casting doubt on them. IF all these nations had genuine "allocated" holdings of gold, it would mean that virtually all of Europe's gold holdings REMAIN INTACT. No credible commentator believes this.

In particular; if Germany's gold was really all "allocated" (i.e. it actually existed); it would have taken Germany only a few WEEKS to "repatriate" their gold. Instead, after a full year where it got practically NOTHING; we have U.S. banksters now engaging in this "secret gold repatriation" farce -- where it is PRETENDING to ship Germany's gold back to it secretly.

‘Secret’ Gold Repatriation: the Banksters’ Newest Bullion Scam

Thus clearly what is actually being reported here is NOT that all of Austria's gold is (gradually) being "allocated" (i.e. collected on its behalf), but rather that any/all CLAIMS that this gold is "allocated" (any of it) are simply more accounting lies.

Note what else is readily admitted here:

The OeNB had no appropriate concept to perform audits of its gold reserves. … The lack of audit measures represented a gap in the internal control procedures of the OeNB.

If there are little-to-no accounting protocols to ensure that these so-called "audits" are legitimate, then any/all statements that ANY of Europe's gold is "allocated"M (i.e. still exists) are nothing but totally unsubstantiated assertions -- coming from SERIAL LIARS AND THIEVES.



No slight to Koos Jansen; but all that has been "proven" with these latest revelations is that NOTHING the banksters claim regarding "gold reserves" can be taken seriously -- any more than we believe their lies about supposed "inventories".


Austria Expresses Concern Over Their Gold At BOE

www.bullionstar.com/blog/koos-jansen/aus...rn-over-gold-at-boe/

Yesterday the Austrian Court of Audit (Der Rechnungshof) released a report on the Austrian central bank’s official gold reserves audits (Austria holds in total 280.0 metric tonnes). This report contains (official) critical notes regarding the safekeeping of the Austrian gold.

The report is written in German, but from being Dutch (my native language is similar to German), using Google Translate, having spoken to Peter Boehringer about this and using the English introduction from the Rechnungshof’s report, we can squeeze the essential bullion points from the report...
11:40 AM
2 days ago
Jeff Nielson replied to the topic Re: The End of Bullion Bulls Canada in the forums.
One reason for making people aware of "the end" of BBC as far in advance as possible is to allow people to view things from our archives which they "intended" to do, but haven't found the time for. You only have a fixed amount of time to read/re-read those older pieces.

The other reason for doing this is it gives me an opportunity to point to parts of our site which even regular users may have never seen/noticed before. With the audience of this site tending to be somewhat older than the median; (like myself) internet "navigation" is probably not one of your strengths (lol). So for such "navigationally challenged" individuals; let me pass along some hard LINKS to different areas of this site which you may not have previously "found" on your own...



Videos Section:
www.bullionbullscanada.com/bullion-bulls-community/videos

"Education Vault":
www.bullionbullscanada.com/index.php?opt...id=12&Itemid=147

Guest Commentaries:
www.bullionbullscanada.com/guest-commentary

Mining Company Database (thanks to Brian Boutilier!):
www.bullionbullscanada.com/mining-company-database

Blog posts:
www.bullionbullscanada.com/bullion-bulls...ty/latest-blog-posts

...and (of course) the archives of my commentaries:

Silver commentaries:

www.bullionbullscanada.com/silver-commentary

Gold commentaries:
www.bullionbullscanada.com/gold-commentary

Canadian commentaries:

www.bullionbullscanada.com/canadian-commentary

U.S. commentaries:

www.bullionbullscanada.com/us-commentary

International commentaries:
www.bullionbullscanada.com/intl-commentary

The VERY old "commentaries" in these archives are barely worthy of the name, and have mainly been preserved as a lesson in humility for myself. Lol!! But I encourage especially long-time readers/Members to look through these columns of commentaries -- and see how my writing has grown/evolved over the years.

When I/we started this site; I was just a shoot-from-the-lip "analyst" (lol) with a lot to say, but very little expertise in how to say it. Now I feel justified in referring to myself as "a professional writer", which (hopefully) means I've gotten much better at delivering my "messages" over the past 6+ years.

But there are a couple of other reasons why I also encourage readers to look through both recent and older commentaries. In a negative light; they would EXPOSE any mistakes, inconsistencies, or (unexplained) "changes in direction" in what I've been saying over these past years. In a positive light; they would/could CONFIRM when and where I've been right, as well as how my work has supposedly evolved to take account of new facts and "realities" which have become exposed since I started writing.

Obviously it's not for me to conclude whether I've been "right" more often than "wrong". That's an assessment which can only be made by this audience. But I have confidence in my own track-record over these past 6+ years, and thus I encourage readers to engage in this "litmus test" (if they can find the time for it).

Lastly; I wanted to note a "pet peeve" of both Chad and myself since we started this site: the tendency of many people to refer to Bullion Bulls Canada as "a blog". Obviously this WEB-SITE is much more than a mere blog -- as is hopefully demonstrated by the previous summary of our contents (from a multitude of contributors other than myself).

01:29 PM
Very interesting T/A!

While this is "Google translation" of Austrian text, I strongly encourage people to look at it for themselves, for two reasons. First of all there is a lot of information on the VARIOUS ways in which "accounting" for Europe's (supposed) gold reserves has been woefully deficient, and how the Austrian authority responsible for monitoring the PEOPLES' gold had obvious reason to suspect fraud, going back at least 6 years.

The second reason why people should take their own look at this is because it is a translation. Since the translation itself is imperfect, obviously any "translation" of the translation (including my own) will also have a considerable margin of uncertainty. Nonetheless; what this seems to be saying (according to my own interpretation) is that TODAY (as acknowledged in the title of The Daily Coin article) 22% of Austria's gold is "gone" in the sense that there is nothing representing other than the banksters' paper.

However, perhaps the more-interesting point is that this is a dramatic "improvement" (lol!) from as recently as 2009, when the same (so-called) accounting showed that 56% of Austria's gold was "gone" (i.e. nothing but part of an "unallocated" account). In other words; between 2009 and 2013, we're led to believe that either U.S. banksters "found" much of Austria's missing gold (lol!); OR (more probably) it RE-ALLOCATED (supposed) "physical" bullion which had previously been allocated to someone else (i.e. a different European government).



In the parlance of two-bit Con Men (which is all that these criminal Central Bankers really are); this is known as "a shell game". In the world of gold-manipulation; there is supposed to be "gold" underneath all of the shells. However, in reality only one of the shells has any gold under it, and so the fraudsters continually SHUFFLE the gold from underneath one shell to underneath another shell.

The "gold" is never visible, except when one of the Chumps (i.e. a European government) DEMANDS to see its gold. Then the fraudsters tell the Chump that all of the shells contain "gold", but they only allow the Chump a glimpse of the gold under ONE SHELL.



In other words; between 2009 and 2013 when supposedly Austria's percentage of "real gold" went from 44% to 78%, during that same period, the percentage of "real gold" credited to other European governments would have DECLINED by a commensurate amount.

Total fraud. Total corruption. And only NOW as the clamour for "getting our gold" increases from the populations of Europe is the TRUTH finally starting to leak out. There is only a TINY PERCENTAGE of "Europe's gold" still remaining, and we're on the verge of a second (fraudulent) "U.S. gold default".



The "wheels are falling off the bus" nearly everywhere we look now. Allow Psychopaths to remain in charge of anything over an extended period of time and they will DESTROY IT -- even their own empire...



Rothschild vs. Rothschild
01:02 PM
One can only have mixed feelings in reporting this news. As noted at Zero Hedge; even as Russia tries to fend-off U.S. economic terrorism against the ruble (and its own hyperinflation); its neighbour (and former long-time ally) Ukraine is going into a hyperinflation death-spiral.

The reason for "mixed feelings" is obvious. On the one hand; for the THUGS who allowed themselves to be used as U.S. stooges in exchange for POWER, this is nothing more than "just desserts". However, for the PEOPLE of Ukraine, who had less "choice" with this corrupt regime than we do (with our own corrupt regimes), they are clearly victims.

The obvious irony here is that it was virtually inevitable that the U.S.'s terrorism against the ruble would spill-over into the economy of its new "ally": the Ukraine regime. While Russia may now be an official "enemy"; economically the Ukraine economy is much more closely tied to Russia than to the West.

Thus the Ukraine Thugs are getting their introduction to a U.S. colloquialism which they should have been aware of before: "Dixie Cup". What does "Dixie Cup" mean, when the phrase comes out of the mouth of U.S. Neo-Cons (who totally orchestrated the Ukraine coup)? A "Dixie Cup" is a particular category of "U.S. ally": it is one which can be used, crumpled-up, and then thrown away.

The Ukraine Thugs have already been "used", and now the Neo-Cons are content to crumple them up, and throw them away...



P.S. For another recent example of a U.S. Dixie Cup; see "ISIS":

"The Covert Origins of ISIS"


Ukraine Enters Hyperinflation: Currency Trading Halted, "Soon We Will Walk Around With Suitcases For Cash"

www.zerohedge.com/news/2015-02-25/ukrain...ll-wwalk-around-suit

Yesterday we summarized the most recent economic, political and social situation in Ukraine as follows:

"A year or so on from the last coup in Ukraine, Ukraine’s former Prime Minister Sergey Arbuzov told TASS, with growing popular discontent, "another state coup can’t be ruled out in Ukraine." As the cease-fire deal hangs torn and tattered in the Debaltseve winds, the nation is a mess: a new gas dispute looms as Gazprom demands upfront payments; capital controls have been tightened as the $17.5bn IMF loan may not be enough; and the central bank governor faces prosecution as the economy craters. All of these factors have driven massive outflows from Ukraine and the Hryvnia has crashed to over 33 to the USD - a record high (and 70% devaluation from the last coup)."
12:30 PM
Jeff Nielson created a new topic NEW "probe" into Western gold manipulation in the forums.
More pathetic theater. The U.S. "Justice" Department and the CFTC are "investigating" gold-manipulation, with respect to the U.S. banksters. However, as is noted by the media shill below; the blind/deaf/dumb "regulators" in Europe have already looked into the same crime (by the same criminals) -- and claimed to have found nothing.

Meanwhile; the U.S. "Justice" Department has already pledged to PROTECT the Big Banks from any/all prosecution, so even if it does "find something", it has already promised to DO NOTHING about it. Then there is the CFTC. The CFTC supposedly "investigated" silver manipulation -- i.e. the worst/most-extreme manipulation in the history of human commerce -- and claimed to have found nothing.

Picture someone claiming to be "looking for criminals" from the INSIDE of a prison, but who claims to never be able to find any criminals. That's the CFTC.

CFTC Silver Probe: See-no-Evil, Hear-no-Evil, Speak-no-Evil



More generally; we now know with absolute certainty that none of these corrupt regimes will EVER do anything about any of the One Bank's financial crimes, no matter how large; no matter how many times it perpetrates the crime; no matter how much harm is done to the Victim(s).

We know this following their supposed "investigation" into the One Bank's serial currency manipulation. We were virtually promised "criminal prosecution" of not only individual banksters but the criminal Big Banks themselves. And this so-called "investigation" came right after the One Bank had ruthlessly attacked India's currency, and right before its current economic terrorism against Russia - via attacking the ruble. We got NOTHING.

How India Evaded The One Bank’s Gold-Embargo
Economic Terrorism Against Russia Intensifies



Obviously if these pretend-regulators will do nothing about the One Bank's worst financial crime (currency manipulation), even while its committing its largest crimes (attacking the rupee and ruble), then these corrupt charlatans would never do anything about a relatively "insignificant" crime like gold-manipulation.

So why even bother with these ultimate farces? Two reasons. To begin with; it's a stalling tactic. What happens whenever one of our corrupt governments gets CAUGHT doing something really bad? It "investigates" itself (lol!!). The purpose of such pseudo-investigations is not only to (hopefully) stall long enough for the apathetic Zombies to forget their "outrage", it's also designed to apply a THICK COAT OF WHITEWASH over the Truth -- as we saw with the U.S. government's 9/11 "investigations".

This brings us to the second purpose of these pretend-investigations: to provide "cover" for the future crimes of these criminals. What is any lying/thieving banker going to say to anyone who accuses him of gold manipulation after this pretend-investigation?

"We've already been 'investigated', and found NOT GUILTY."

Naturally that reply would be accompanied by an arrogant smirk.



P.S. Using the phrase "U.S. 'Justice' Department" in the same sentence as "investigate" is both a non sequitur and oxymoron.

Too-Big-To-Fail (Now) = Too Big To Jail

Why Too-big-to-fail = Too-big-to-exist




The Justice Department Goes Hunting For A Gold Price Fix


www.forbes.com/sites/timtreadgold/2015/0...or-a-gold-price-fix/

Quaint or corrupt, that’s the question the U.S. Justice Department and the Commodity Futures Trading Commission have set themselves in their attempt to prize back the lid on the centuries-old world of trading metals in London.

Gold is the primary focus of the double-barreled inquiry with silver, platinum and palladium also on the agenda.

What the U.S. investigators hope to find is a smoking gun linking some of the world’s biggest banks to allegations of market rigging, a job which European investigators have already dropped.

The starting point for the metals probe, which was launched before Christmas but has only just been revealed, is the process by which benchmark metal prices have historically been set in the private world of London banking...
11:59 AM
Jeff Nielson created a new topic Numbers from CHINA on "the gold market" in the forums.
Koos Jansen just put out a new article on a new "statement of intentions" of the SGE (i.e. Shanghai Gold Exchange). While Mr. Jansen focused on the SGE's intent to forge closer (commercial) ties to India's huge gold market; I was most interested in a couple of the numbers released by the SGE:

In recent years, we have witnessed the trend of “oriental gold” playing an increasingly important role in the global market attributable to the rapid development of the China’s gold market: in 2013 alone, the gold produced and imported by China exceeded 50 percent of the world’s gold production and 60 percent of the world’s gold consumption, respectively. As the world’s biggest gold producer, consumer, and importer, China is gradually integrating itself into the global gold market.

There are several points of interest in just that one line. We start with the absolute numbers: one nation is (by itself) producing/importing roughly half the world's gold, and consuming 60% of annual supply. Admittedly China has a huge population, but even so it only represents about 17% of the global population. So we see China is a disproportionally large player in this market by a factor of roughly three.

Obviously it's not sustainable for a nation with only 17% of the world's population to be consuming 60% of annual "supply" (meaning the supply of real metal), in much the same manner that it wasn't sustainable for the U.S. (with only 5% of the world's population) to be consuming 25% of crude oil supply.

But there is a second dimension of unsustainability here. When China speaks of producing-and-importing 50% of the world's gold it is talking about SUPPLY. And obviously when it speaks of consuming 60% of the world's gold it is talking about DEMAND. So rather than China's massive gold-mining industry and gold imports creating any sort of "glut" in that market; its total supply is insufficient to meet total demand.

This can only mean 1 of 2 things. Either China will manage to grab even a larger share of total, global supply (in order to meet its ravenous domestic demand); OR, China's supply/demand imbalance will lead to a bullion-default -- and one which the One Bank has no power to either hide or prevent.



Lastly, when the SGE talks about China accounting for half of the global gold "supply" and more than half of "demand"; by necessary implication it is treating the banksters' paper-called-gold markets as PURE PAPER -- i.e. pure fraud. Put another way; the only way the SGE could come up with such large numbers for China's supply and demand was to IGNORE the supposed "gold trading" occurring in the Western fraud markets.

Today the SGE (and by extension China's government) is merely implying that Western paper-called-gold markets are nothing but a massive fraud. How long until the SGE/China states EXPLICITLY that Western "gold" markets are nothing but gigantic frauds -- and thus reveals to the Zombies that "the Emperor is wearing no clothes"???



Just as we see China inexorably POSITIONING itself (like a chess player) to make the renminbi the new reserve currency, it is POSITIONING itself to replace the fraudulent, Western paper-called-gold markets with a legitimate market -- its own. While events are not progressing as rapidly as many ordinary investors would like, we can never forget that there is movement here, and more unsustainability.

The status quo cannot last, and at least one government (China) is not only preparing for what comes next, it is helping to accelerate this transition, but in a cautious, prudent manner. Sadly, this is the only way in which can operate when opposed by Psychopaths -- because China knows it is dangerous to PROVOKE Psychopaths (as Russia is currently demonstrating).

Banksters' Bullion-Crisis At New Extreme?
Pricing Gold in the Real World
China/India Gold Demand: 2013 Déjà Vu
Phantom Gold Inventories: Has The Comex Already Defaulted?
The End of the Paper-Gold Market?



SGE Chairman: India Will Become SGE’s Largest Partner

www.bullionstar.com/blog/koos-jansen/sge...ges-largest-partner/

The latest Indian Bullion Bulletin has just been released wherein the chairman of the Shanghai Gold Exchange (SGE) Xu Luode presents the SGE’s international ambitions – read below.

The Chinese government regards the gold market as an indispensable component of China’s financial market and attaches great importance to its growth and development.
11:07 AM
3 days ago
Jeff Nielson replied to the topic Re: Jeff Nielson, for Sprott Money: in the forums.
I don't know how closely this thread is watched, since I don't see many comments here; but you're going to want to read this one, just to see the chart on the debt levels...unless you saw it already at Zero Hedge (lol).


Debt-To-GDP Ratios Demand Debt Jubilee

www.sprottmoney.com/news/debt-to-gdp-rat...on-sprott-money-news

In the 1980’s; Canada was governed by (at that time) the most incompetent, fiscally irresponsible regime in the Western world: Brian Mulroney’s “Conservative” government. In a mere eight years; Canada’s national debt tripled, and its debt-to-GDP ratio soared to what was (at the time) an astronomical level above 70%.

Canada was considered to be in an official “debt crisis”. What is meant by the term debt-crisis? It’s all a function of simple arithmetic. It is where the total debt-load approaches a point where it is no longer mathematically possible for the economy to remain viable over the long term...
11:00 PM
Earl, Jeff Nielson replied to the topic Re: Musical musings... in the forums.
To the Community,

I wanted to take a moment to say "Thank You" to everyone, for there contributions to the BBC Community.

A special "Thank You" to Jeff and Chad for years of education, enlightenment and support.

"the greatest of a man is not how much wealth he acquires,but in his integrity and ability to effect those around him positively."
— Bob Marley

Here's a display of "Hope and Optimism" for the future-

Thank You
Earl

06:37 PM
Cogitate over these realities. In nominal terms; food prices have been exploding higher (despite the Liars in media/government telling us "there is no inflation"). These higher prices have placed such a strain on our budgets that (for example) roughly 1/4 of all Americans now require "food stamps" simply to get by on a month-to-month basis.

Meanwhile, as reported by the Corporate media; despite these sky-high NOMINAL prices, farmers are going bankrupt. How can this be? Obviously (by definition) these prices are not "high" (in real dollars) or the farmers would be rolling in profits, not going bankrupt.

Clearly; these NOMINAL prices are (by definition) "low" in real dollars, or else the farmers would be able to (at least) meet their own living/operating expenses without difficulty. If sky-high NOMINAL prices are actually "low prices" in real dollars; that arithmetic dictates only one possible conclusion: the (paper) CURRENCIES we are using have become near-worthless -- even in terms of their actual purchasing power.

Unofficially (as we all know) all these fraudulent fiat currencies are totally worthless. So the point of this post is not to point out anything "new" to this audience. Rather, the point is simply to illustrate another logical disconnect -- i.e. another economic perversity.

Food prices are high. The Liars tell us there is "no inflation". Farmers are going bankrupt. There is no possible "explanation" for these perverse/contradictory facts. And as the examples of these perverse contradictions go from mere dozens to HUNDREDS of obvious perversities (in market after market, sector after sector), it is all these ridiculous lies which will (and gradually are) waking-up the Zombies.

While I can't speak for others; with the "average people" (i.e. Zombies) I'm encountering in my own life, there is more and more grumbling. They don't UNDERSTAND what is happening (of course), so they have no idea who to blame (yet); but the Zombies are (finally) beginning to clue-in that "things are not right" -- despite the endless assurances from the media/government Liars.

It's Boy-Who-Cried-Wolf syndrome: compulsive Liars whose inability to stop themselves from telling ever larger lies, ever more frequently ALWAYS DESTROYS THEIR OWN CREDIBILITY.



P.S. Notice how (as usual) the Liars attempt to tap-dance around the truth. It's not "the U.S. economy" as a whole which is showing "strain" (to put it mildly), but just the "farm economy". I guess the fact that we're ALL struggling with these high food prices means WE'RE all "farmers".







Rent walkouts point to strains in U.S. farm economy


www.reuters.com/article/2015/02/23/us-us...dUSKBN0LR0EX20150223

Across the U.S. Midwest, the plunge in grain prices to near four-year lows is pitting landowners determined to sustain rental incomes against farmer tenants worried about making rent payments because their revenues are squeezed.

Some grain farmers already see the burden as too big. They are taking an extreme step, one not widely seen since the 1980s: breaching lease contracts, reducing how much land they will sow this spring and risking years-long legal battles with landlords.

The tensions add to other signs the agricultural boom that the U.S. grain farming sector has enjoyed for a decade is over. On Friday, tractor maker John Deere cut its profit forecast citing falling sales caused by lower farm income and grain prices.

Many rent payments – which vary from a few thousand dollars for a tiny farm to millions for a major operation – are due on March 1, just weeks after the U.S. Department of Agriculture (USDA) estimated net farm income, which peaked at $129 billion in 2013, could slide by almost a third this year to $74 billion...
02:29 PM
Jeff Nielson replied to the topic Re: Notable Quotes... in the forums.
Life is a journey, not a destination.


This is really just one of a "family" of related quotes:

"Live each day like it was your last."
"Live for the moment."

I'm sure that Members/readers can come up with a half-dozen other, similar quotes. They all ultimately communicate the same message. Life is fleeting, even if we are fortunate enough to live a long one. If we don't enjoy the "journey" (which is over all-too-soon), then even if we do arrive at our (intended) "destination", we will have lost out on so much that our lives have to offer.
11:50 AM
4 days ago
Earl, Jeff Nielson replied to the topic Re: Musical musings... in the forums.
Jeff ask/states-

But here, you don't need to (fully) understand the lyrics, because the VOCALS are so expressive. They communicate a feeling loud and clear: regret. And as a song about "regret"; it certainly has a home on this thread (and site). For those of us not numbed-out/dumbed-down by the brainwashing; we're practically drowning in regret.

Jeff,

You and poetry..... Well, it means whatever you want it to mean.

Today, to me its "regret" of a lost friend. We were naive, lost and searching to find ourselves growing up together. The world can be a very lonely place, answering the questions life presents. Yes, sometimes I wish they were here.

Tomorrow, I may make a more social out look. "For those of us not numbed-out/dumbed-down by the brainwashing; we're practically drowning in regret."

Regret, that society would rather kill there neighbor with a "Obamaphone" than raise a guillotine over LIBOR. That they can't tell the difference between Corporate Welfare and the welfare of people. I wish people were here, not agreeing with me, but at least seeing the bowl were in.


Wish who was here? We wish the Rothschilds were "here". We wish they possessed the HUMANITY to see what they have done, and feel (genuine) regret for their pointless, psychopathic folly which has created "here". But we know that's not possible...


I thought of you on this one when I posted. Your kind of a inspiration "sometimes".

Running over the same old ground.
And how we found
The same old fears.
Wish you were here.

Of course these are just my takes. The song could actually be a even more psychological series of questions.

Another persons take-

For me, it is definitely about "selling out" and giving up your dreams - about people who, gradually, gave up their ideals and forgot who they truly are, because they couldn't make the difference between true and false values, while trying to be successful in life, and they ended up in a self - made "cage". It is about not being able to tell between what is real and what is just a pretty imagination that is actually malicious and bad for you. It is like a well known truth that the devil isn't red and ugly,with a long tale and sharp teeth - he is usually wrapped in something nice, sweet and unbelievably attractive that promises you all the fun and all the happiness you can imagine....until it destroys you. You're brought to this world as a free man, as an innocent child, able to see people who they really are, but, eventually, as the years go by, and your appetite for wealth and security grows stronger, you go under the influence of media and "mainstream" opinion , and you start to give up your values.

"I did it my way" philosophy, you abandon everything that is too different from general behavior and accepted opinion, in order to fit in, to live in comfort: " did they get you to change your heroes for ghosts? .....cold comfort for change...DID YOU EXCHANGE A WALK ON PART IN A WAR FOR A LEAD ROLE IN A CAGE ? ". Did you exchange an opportunity to fight for your ideals, to take "a part in a war" , for a better position at work, a bigger car, popularity and fame ? Because, that kind of matrix world has thousands of rules, takes your individuality and orders you how to look, how to eat, how to have fun, how to have sex !

So , when you, eventually, come to the point that you have all those things you wanted so bad, that you have your "heaven", your " blue skies" and your "green field", suddenly, you can't realize why you are not as happy as you thought you would be, and you can't tell anymore if your heaven is actually hell, and your blue skies are actually pain.... and you wish that the person you once were is back. You miss the free man you once were, the free man you killed, and all that is left from a rebel you once were, is a silent fish, swimming in a cage made of glass...everybody is looking at you, you are the star - the beautiful exotic fish, your bowl is luxurious and the glass is the best glass money can buy, but you are completely exposed, your every move is detected,under shiny lights you have no privacy.... AND THERE IS NO HOPE FOR ESCAPE.

So Jeff, it's up to the individual to what any "poetry" means on any given day. Just the line "wish you were here".... "Regret", probably on many levels.

Take Care
Earl

03:40 PM
There was some interesting data pointed out at Zero Hedge a few days ago (which I just noticed now), indicating that the East's three largest economies: China, Japan, and Russia had all significantly reduced their holdings of U.S. paper.

One possible interpretation, implied by the Zero Hedge piece, is that these three major economic powers have simply lost their "appetite" for this worthless/indigestible paper. And Zero Hedge itself notes the different circumstances of the three nations. But when we look closely at those different circumstances; we find interpreting this data becomes more ambiguous.

Only Russia's position seems rather simple: dumping its U.S. Treasuries is RETALIATION for the West's economic terrorism against Russia -- since the U.S. is the clear/sole instigator of this economic terrorism. At the same time; it's dumping these worthless bonds not only with those prices at absurd, all-time highs in absolute terms, but in RELATIVE terms (relative to the value of the ruble) they have never been worth more.

With Japan, while there might be some overt change in policy/strategy; the decline in its own holdings may simply be nothing more than 'economic fatigue'. As its own economy continues to wither-and-die; it can (literally) no longer afford to devote a grossly disproportionate amount of its own wealth/resources to simply holding its Master's worthless paper.

Then there is China. As I've explained previously; China stopped buying U.S. Treasuries directly right around the Crash of '08. Since that time; all the accumulation shown in the chart at Zero Hedge...



...has been SECONDARY BUYING. What do I mean there? I mean that all its "new" Treasuries have been acquired from the holdings of other nations -- as a component of its "currency swaps" and "bilateral trade agreements". And (as also explained) these currency-swaps are all about "draining the Swamp" (i.e. the global economy) of its U.S. paper, as China moves toward the renminbi as new reserve currency.

China never "rolls" over any of the U.S. debt its holding, but rather simply allows the bonds to mature, and then cashes out. So what does it mean when we see China's net holdings of Treasuries declining? It literally means nothing more than that its old bonds are maturing faster than its adding new ones.

Does this mean that it's deliberately slowing-down its process of replacing the USD? And, if so, is it because the process is now so far advanced that it can afford to "slow down"; or, is it forced to slow down because the general weakening of the global economy means it has less resources it can devote to this process???

And with the East having lightened its "load" of this financial feces; will we now see Belgium add another $30 or $40 billion to its own Treasuries holdings...

Belgium: Money-Laundering Toilet For Unwanted Treasuries





Russia Dumps Most US Paper Ever As China Reduces Treasurys Holdings To January 2013 Levels

www.zerohedge.com/news/2015-02-18/russia...-january-2013-levels

Back in December, Socgen spread a rumor that Russia has begun selling its gold. Subsequent IMF data showed that not only was this not correct, Russia in fact added to its gold holdings. But there was one thing it was selling: some $22 billion in US Treasurys, a record 20% of its total holdings, bringing its US paper inventory to just $86 billion in December - the lowest since June 2008...
11:59 AM
DayOwl wrote:
The need for revenue toppled the first prohibition. Colorado's success is going to resonate with other lawmakers who want to see the revenue come their way. Falling revenues may overcome bankster objections.


Certainly that's half the equation DayOwl, but we can't forget the equally important aspect of "taking a bite out of crime". It was the (first) U.S. prohibition which FUNDED the rise of organized crime in the U.S. (outside of the Rothschilds' financial crime syndicate). Similarly, Prohibition II (i.e. the War on Sanity) has funded a renaissance in organized crime in the U.S.

Given the dubious nature of our "history books"; it's likely no longer possible to know if there was one specific reason for ending Prohibition I. Drug "prohibition" is such a fatally flawed approach in so many ways to deal with this medical/social issue that it's a little presumptuous to conclude that dollars-and-cents was at the root of ending Prohibition I.

However, with respect to Prohibition II; I think you're correct. While there are numerous, valid reasons for ending this Idiot's Crusade; the reason that will sink in with respect to the stunted minds of our political representatives is MONEY.

10:06 AM
5 days ago
Earl replied to the topic Re: Musical musings... in the forums.
Wish You Were Here







written by Waters,Gilmour

So, so you think you can tell
Heaven from Hell,
Blue sky's from pain.
Can you tell a green field
From a cold steel rail?
A smile from a veil?
Do you think you can tell?

And did they get you to trade
Your heroes for ghosts?
Hot ashes for trees?
Hot air for a cool breeze?
Cold comfort for change?
And did you exchange
A walk on part in the war
For a lead role in a cage?

How I wish, how I wish you were here.
We're just two lost souls
Swimming in a fish bowl,
Year after year,
Running over the same old ground.
And how we found
The same old fears.
Wish you were here.

www.metrolyrics.com/wish-you-were-here-lyrics-pink-floyd.html
02:58 PM
Earl created a new topic Two Bills Introduced in Congress to Legalize in the forums.
"Ripple's in the Pond"

Two Bills Introduced in Congress to Legalize and Legitimize Marijuana on a Federal Level

By Jay Syrmopoulos on February 21, 2015

thefreethoughtproject.com/bills-introduc...#V800OF7wb5b6Ae56.99

Washington, D.C. – Two bills were introduced on Friday, February 20, in the U.S. House of Representatives, that would legalize and tax adult-use marijuana federally.

U.S. Rep. Jared Polis introduced H.R. 1013, the “Regulate Marijuana Like Alcohol Act.” The bill calls for states to be allowed to choose to legalize cannabis if they choose without having to worry about repercussions from the federal government.

The bill would also create a new regulatory structure by removing marijuana from the Schedule set by the Controlled Substance Act. Currently, cannabis is considered a Schedule 1 drug, which classifies it as having “no currently accepted medical use.”

The legislation calls for marijuana oversight to be transferred from the Drug Enforcement Agency (DEA) to the Bureau of Alcohol, Tobacco, Firearms and Explosives. Marijuana would be regulated similarly to alcohol by inserting it into the section of the U.S. Code that covers “intoxicating liquors.”

“Over the past year, Colorado has demonstrated that regulating marijuana like alcohol takes money away from criminals and cartels, grows our economy, and keeps marijuana out of the hands of children,” said Rep. Polis.

Polis added, “While President Obama and the Justice Department have allowed the will of voters in states like Colorado and 22 other jurisdictions to move forward, small business owners, medical marijuana patients, and others who follow state laws still live with the fear that a new administration – or this one—could reverse course and turn them into criminals. It is time for us to replace the failed prohibition with a regulatory system that works and let states and municipalities decide for themselves if they want, or don’t want, to have legal marijuana within their borders.”

A separate bill forwarded by Earl Blumenauer, H.R. 1014, the “Marijuana Tax Revenue Act of 2015” would create a tax on all non-medical sales. IT would allow the industry to move from the fringes of society into the mainstream, lowering crime by reducing the black market.

The legislation would establish civil and criminal penalties for those who fail to comply, like those in place for the tobacco industry. In addition, it would require the Internal Revenue Service (IRS) to conduct studies of the marijuana industry and issue recommendations to Congress.

Medical marijuana would be exempted from the new marijuana tax structure. The tax on non-medicinal marijuana would initially be set at 10% and rise to 25% over time as the black market is displaced by the legal market. The tax structure incorporates a tax on the sale by a producer (usually grower) to the next stage of production.

“It’s time for the federal government to chart a new path forward for marijuana,” said Representative Blumenauer. “Together these bills create a federal framework to legalize, regulate and tax marijuana, much like we treat alcohol and tobacco. The federal prohibition of marijuana has been a failure, wasting tax dollars and ruining countless lives. As more states move to legalize marijuana as Oregon, Colorado, Washington and Alaska have done, it’s imperative the federal government become a full partner in building a workable and safe framework.”

The drug war has been a complete and abject failure, used as a means to grow the police state. This is a strong first step towards righting the wrongs of the past 30 years.

Almost 50% of the U.S. population have tried marijuana in their lives, and recent opinion polls show that a majority of Americans support legalizing cannabis for adults.

The time has come to stop wasting federal tax dollars on enforcing marijuana prohibition. Far too many innocent lives have been destroyed due to the “War on Drugs.”

This legislation brings an opportunity for America to begin to forge a new path forward. Let’s spread the word about this common sense legislation and create a more just reality. The time has indeed come for a more common sense approach to marijuana.

Contact your representative immediately and let them know you support H.R 1013 and H.R. 1014.

Please help get the word out and share this information with your fellow Americans!

Not sure of your congressional district or who your member is? Scroll down link below and enter zip code. Link to your Representative-

thefreethoughtproject.com/bills-introduc...#V800OF7wb5b6Ae56.99
11:49 AM
6 days ago
Jeff Nielson created a new topic The "Real Cost of Mining Gold" in the forums.
Here is some further perspective (from people who focus closely on the miners) on how fraudulent current bullion prices are, because they are not even sufficient to permit the long-term SURVIVAL of this sector/industry -- let alone any semblance of health.

As we see/hear here; we also can't trust the numbers coming from the miners themselves...





The most important point in these clips is that "ACQUISITION COSTS" are never included/accounted for when these lying miners "estimate" the cost of producing gold. Understand why this is so important, especially with the big miners.

These Senior Miners can't/won't develop their operations "organically" -- i.e. by doing their own exploration/development. So acquisitions are:

a) Essential for their survival
b) Growing rapidly in their size/expense

...but are NEVER factored into the "operating costs" of these miners, even though (as just explained) they are literally an OPERATING expense. I was a little disappointed that there were no hard numbers here, but perhaps that comes further in this series of clips.



My own off-the-cuff numbers (which I've published in previous commentaries) is that ACTUAL break-even costs for these miners are somewhere well above $1500/oz, and even the propaganda machine has acknowledged that $1,300/oz is "not a break-even price" for the industry.

Pricing Gold in the Real World
05:31 PM
Jeff Nielson replied to the topic Re: Corporate Welfare / College Tuition in the forums.
Earl, this is Fascism 101. I'm sure that some in the audience are getting sick of that term (lol). But it's the only "ism" which actually does exist in the world. All the rest are mere ideological fronts, where the actual system of government actually has little resemblance to the supposed ideology.

For example; we supposed have capitalist systems of government -- not fascist. But WHERE is the "capitalism"? Capitalism is based upon two paramount foundations: free markets and competition.

We have the OPPOSITE of free markets. We have totally rigged casinos. We have the OPPOSITE of competition. We have a handful of oligopolies that totally dominate the global economy. The Liars call our system "capitalist" when it's actually the opposite of capitalism.

The Banksters’ Master Program For Manipulating Markets
Buffett Sits on $50 Billion Cash-Hoard, Waiting for Bubbles to Pop

The Death of Competition: Oligopolies Unmasked
The One Bank



But "fascism" describes our political and economic system perfectly: government by crime syndicate -- a "crime syndicate" formed between government and Big Business (meaning the Oligarchs hiding behind those corporate fronts).

Fascism - a different KIND of "ism"

So what do we see here? We see the "carrot" given to Big Business (the Oligarchs), while the PEOPLE are beaten with the "stick". Fascism 101, and exactly what we have been seeing, year after year, from these corrupt regimes -- for almost the entire, previous quarter century.

04:37 PM
Jeff Nielson replied to the topic Re: US’s Suicidal Strategy on Ukraine in the forums.
Thanks (as usual) for the post Earl! As I did when I analyzed Ron Paul's statement about U.S. secession; I'm going to look at this from two angles -- the SYMBOLIC value/significance, and the actual contents.

Symbolically; I focus on ONE WORD: "suicidal". Does anyone find that word the least bit familiar? Lol!!! How do we know when people (in this case analysts) are seeing the world in a very similar light? They use similar (or in this case identical) language to describe what they see.

I have no idea whether Chris Martenson has seen me use the word "suicidal" again and again in my own writing, and adopted that characterization, or whether he decided upon that terminology totally independently. It's immaterial, as either way it's still significant in that in indicates parallel thinking.

And I'll connect that to my "Mission Accomplished" remark, in a reply on another recent post. What I've been noticing when I go to do interviews these days is that it's easier than ever doing these interviews, because it doesn't matter whether I'm talking with Sean at SGT Report, or Paul Sandhu, or Reginald Kaigler (both of whom I'll be doing clips with on Monday); everyone sees things in very similar terms -- so the Q & A flows very easily/naturally.



What is implied as we see sharp minds now tending to see things in more and more similar terms? It means that everyone is beginning to see through the lies and crimes of these psychopaths. Mission accomplished.

Now what about the specific contents? Here I'm going to don my "Devil's Advocate" cap -- it's never very far away (lol!). But the reason for doing so here is obvious: I reacted both ways to the news which Martenson is reporting here (or at least parts of it).

In particular; I also read the report on the "staggering" military losses which are alleged to have been recently suffered by the thugs/mercenaries fighting for Ukraine's thug-regime. My initial reaction was exactly as we see from Chris Martenson here: "things are going badly" for the Thugs.

But then I had some second thoughts. What caused those second thoughts? In the article I was reading; immediately after the report of these alleged casualties, the writer observed that IF things continue to "go badly" for the Thugs that the U.S. "would be forced to intervene" -- i.e. escalate this conflict into a wider/broader war.



We KNOW that this is precisely what many of the U.S. psychopath Neo-Cons want to do. We just finished hearing Ron Paul warn us that this is precisely the direction the U.S. Thug-government has been heading. Thus these alleged "staggering" casualties could very easily be just more disinformation.

Who "benefits" from the high casualties? U.S. Neo-cons. Thus our suspicions must be that either the "high casualties" reports are all lies; OR there is another possibility. The U.S. government could be deliberately under-supporting the Ukraine Thugs -- while encouraging them to continue to be the military aggressor.

In other words; the U.S. is deliberately (a) allowing such casualties against its "ally" (i.e. Dixie Cup), and (b) encouraging its "ally" into more and more high-risk/high-casualty attacks to give it an excuse to start a new, major war.

It waits until the situation is "critical" (i.e. the Thugs are on the verge of total defeat) and then it "responds" -- BIG.



We have a variety of cliches in our culture when it comes to being wary about (supposed) "good news", because concealing Disinformation in the form of FAKE "good news" is one of the oldest tricks in the book...

04:19 PM
Earl created a new topic Corporate Welfare / College Tuition in the forums.
If We Put an End to Corporate Welfare, College Tuition Could Be Free

www.attn.com/stories/952/corporate-tax-b...er-education-funding

Since 2008, 48 states have cut funding from public colleges--some by as much as 40%. State lawmakers couch their decisions as the unavoidable consequence of the Great Recession and budget deficits. What they fail to mention is that while they’re gutting higher education, they’re giving corporations tens of billions in tax breaks and incentives.

State, local, and county governments provide corporations with $80 billion in tax breaks annually, or $9 million/hour, according to an investigation by the New York Times. To put that number into perspective, total tuition at public colleges in 2012 was just under $60 billion, according to the State Higher Education Executive Officers Association.

Tuition at four-year public colleges--which educate about 76 percent of American undergrads--has been rising for the past 25 years. According to the Center on Budget and Policy Priorities (CBPP), tuition has increased 28 percent since 2007. There are several factors why college tuition is soaring, but the main culprit is declining support from states, which translates into higher out-of-pocket costs for students.

College Tuition Could Be Free

Since 2008, 48 states have cut funding from public colleges--some by as much as 40%. State lawmakers couch their decisions as the unavoidable consequence of the Great Recession and budget deficits. What they fail to mention is that while they’re gutting higher education, they’re giving corporations tens of billions in tax breaks and incentives.

State, local, and county governments provide corporations with $80 billion in tax breaks annually, or $9 million/hour, according to an investigation by the New York Times. To put that number into perspective, total tuition at public colleges in 2012 was just under $60 billion, according to the State Higher Education Executive Officers Association.

Tuition at four-year public colleges--which educate about 76 percent of American undergrads--has been rising for the past 25 years. According to the Center on Budget and Policy Priorities (CBPP), tuition has increased 28 percent since 2007. There are several factors why college tuition is soaring, but the main culprit is declining support from states, which translates into higher out-of-pocket costs for students.

Center on Budget and Policy Priorities Tuition Increase Chart

Michael Leachman of the CBPP points to the perfect correlation between declining state support and rising tuition, “If you look over the last 25 years, per student revenue from state and local government, it fell by about $2,600 after you adjust for inflation...Over the same period, tuition increased by $2,600. So, in other words, the entire increase in tuition at public colleges and universities over the last 25 years has gone to make up for the state and local funding cuts.”

In 1987, students paid close to 20 percent of their tuition. Now students pay close to half.

Defunding education to pay for corporate tax breaks is dubious economic policy. Mark Zandi, chief economist of Moody’s Analytics, estimates corporate tax breaks generate 30 cents in economic demand for every dollar spent on the tax cut. By comparison, investing in education generates $1.50 for every dollar spent--or about 5 times more effective than corporate tax breaks.

Louisiana Governor Bobby Jindal has called for shared sacrifice in tough times, “We are facing back to back years of projected budget deficits and declining revenue...every part of government must cut back...we must all share in the savings as we work to protect critical state services,” he stated on his website. But an examination of Jindal’s budget reveals the burden isn’t being shared at all.

Since Jindal took office in 2008, support for public colleges has been cut by more than $5,000 per student--the largest in the nation. Louisiana’s investment in higher education is now the lowest since the 1950s.

Over the same period, Governor Jindal gave corporations more than $11 billion in tax breaks--at a cost of $2,500 per resident. Oil giant Exxon Mobil received a $263 million tax break which amounts to 97% of the total subsidies received by the company from all 50 states.

Governor Jindal’s single gift to Exxon Mobil is almost equal to the $300 million in additional cuts to public colleges he announced in January. If the cuts pass, Louisiana State University could see thousands of teachers and staff layoffs, departments and campuses closed, and the future competitiveness of the school severely compromised.

Louisiana is an extreme example, but it’s far from alone. Arizona has witnessed the nation’s second largest cuts to higher education since 2008. During the same period, lawmakers slashed corporate taxes by 30%, or about $270 million. South Carolina experienced the nation’s third largest cuts while Governor Nikki Haley has overseen an 800% spike in corporate welfare.

As previously cited, states provide corporations with $80 billion in tax cuts annually while the combined tuition of all public colleges amounted to $60 billion in 2012. If states were to redirect corporate tax breaks toward higher education, it would essentially make public undergraduate and graduate colleges in the US tuition-free. The only obstacle is convincing politicians to support students rather than their campaign contributors.

Charts-www.attn.com/stories/952/corporate-tax-b...er-education-funding
03:24 PM
Earl created a new topic US’s Suicidal Strategy on Ukraine in the forums.

The US’s Suicidal Strategy on Ukraine

www.caseyresearch.com/articles/the-us-su...-strategy-on-ukraine
By Chris Martenson

Ukraine is back in the news cycle and for good reason. The cease-fire has broken, fighting is intensifying, and the Western-supported and installed leadership in Kiev is losing the campaign. At this point, the West’s choice is to either double down and bet even more on a badly failing set of policies, or admit it has lost this round and seek to deescalate the situation.

Meanwhile, Europe has finally woken up to the risks and seems to be ready to carve out a different path than the US. A lot hinges on the high-level talks that are currently underway between Russia and Europe’s leaders.

As President Hollande of France put it on February 7, “If we don’t find not just a compromise but a lasting peace agreement, we know perfectly well what the scenario will be. It has a name, it’s called war.”

He’s not simply referring to an escalation of the factions fighting within Ukraine. He’s warning about the real deal: a wider conflict that could easily spread into Europe, and possibly, embroil powers across the world.

A Recipe for Unrest

As I’ve written previously, the West, especially the US, was instrumental in toppling the democratically elected president of Ukraine back in February 2014. US officials were caught on tape plotting the coup, and then immediately supported the hastily installed and extremist officials that now occupy the Kiev leadership positions.

In short, the crisis in Ukraine was not the result of Russia’s actions, but the West’s. Had the prior president, Yanukovych, not been overthrown, it’s highly unlikely that Ukraine would be embroiled in a nasty civil war. Relations between Russia and the West would be in far better repair.

Russia, quite predictably and understandably, became alarmed at the rise of fascism and Nazi-sympathetic powers on its border. Remember the repeated statements by Kiev officials recommending extermination of the Russian speakers who make up the majority living in eastern Ukraine? Were a parallel situation happening in Canada, for example, I would fully expect the US to be similarly and seriously interested and involved in the outcome.

The only people seemingly surprised by this predictable Russian reaction toward protecting its people and border interests are the neocons at the US State Department who instigated the conflict in the first place. In my experience, these are dangerous people principally because they seem to lack perspective and humility.

Ukraine’s Civil War: Going Poorly for the Regime

Looking at the state of things, it’s not going well militarily for the Kiev regime. Huge losses and persistent reports of low morale among Ukrainian troops tell the tale: Kiev is losing badly.

Let’s begin with the reports of the fighting in Ukraine, which have recently intensified:

Ukraine Bloodshed Intensifies Ahead of Peace Summit

Feb. 11, 2015

Kiev (AFP) – Intense fighting in Ukraine, including a devastating rocket strike on Kiev’s military headquarters in the east, killed at least 37 people on Tuesday, the eve of a four-way peace summit.

Ukrainian President Petro Poroshenko said rockets for the first time hit the military’s command centre in Kramatorsk, the government’s administrative capital in the region, well behind the frontlines and far from rebel positions.

The latest fighting also saw rebels seek to encircle railway hub Debaltseve and Ukrainian forces launch a counter-offensive around the strategic port of Mariupol.

The rebels have encircled and ruined a number of Kiev forces over the past several months in what are called “cauldrons,” where the encircled forces are slowly ground down and destroyed. This appears to have finally happened in Debatlseve, which would be just another in a long string of heavy losses for Kiev.

The losses in prior cauldrons have been staggeringly high, with many analysts concluding that Kiev has been underreporting losses by as much as 90%.

I cannot vouch for all of these sources. But the following is a typical example of reporting coming from the front lines of the Ukraine conflict, which directly contradicts the official Kiev war reports:

Ukraine Hides Devastating Losses as Russia-Backed Fighters Surge Forward

Jan. 25, 2015

Artyomovsk, Ukraine – An ashen-faced man in a loose-fitting military uniform shuffles past a blood-soaked stretcher propped against the wall. Slowly stirring a cup of tea, he watches Ukrainian military officials announce the day’s casualties—one killed and 20 wounded.

“Don’t believe what they tell you,” he says, checking the door is closed before continuing.

“There are many, many more. At least 280 were injured in just one day last week and 30 or 40 killed. There were many more killed this week, Debaltseve and Konstantinovka are the worst cities now. I take 18 wounded to Kharkiv myself every day.”

The man, who didn’t want to be named, is a medic in Ukraine’s overstretched, under-resourced army. Clearly traumatized, he speaks quietly and hesitantly, barely audible over the low rumble of artillery fire from the outskirts of town.

His words confirm Ukraine’s worst-kept secret—that the Ukrainian army is drastically understating its casualties. But only now is the scale of that understatement starting to become clear.

On Jan. 22, the director of Kostiantynivka hospital told Organization for Security and Cooperation in Europe monitors that in the last two weeks that the number of soldiers admitted has “increased dramatically, with figures comparable to those in August and September 2014.”

Between Aug. 10 and Sept. 3, when Russian troops first entered Ukraine in support of a beleaguered rebel force on the brink of defeat, the Kyiv Post estimates at least 200 servicemen were killed.

Many of the recent casualties are coming from areas around the besieged town of Debaltseve, a strategic rail junction between Donetsk and Luhansk oblasts, where thousands of Ukrainian soldiers are struggling to prevent being surrounded and cut off from Ukrainian lines.

The town’s defenders—and its civilian population—have faced an incessant artillery bombardment from three sides since Russian-backed rebels launched a massive offensive all along the front line last week.

I have read enough firsthand reports to suspect that this article is pretty close to the truth. The contradicting numbers in the statements from the Kiev regime about losses are very hard to believe.

Part of what plagues Kiev’s forces is the age-old problem of fielding an unmotivated force. Not everybody is excited to be fighting against people from within their own country. Moreover, training is poor, equipment and ammunition are in poor shape and supply, and pay is often late in coming, if it comes at all. This is a very usual litany of problems that have plagued struggling armies through the centuries.

On the other side of the battle lines, you have people fighting for their homes, their families, and their ethnic community, which the Kiev regime has promised to exterminate if and when it’s given the chance.

Dubious Reporting


It’s interesting to contrast foreign reporting with US reporting on the conflict:

As Fighting Deepens in Eastern Ukraine, Casualties Rise and Truce Is All but Dead

Jan. 20, 2015

Moscow – Intensifying battles, mounting death tolls and new accusations of Russian interference in eastern Ukraine have marked some of the worst fighting between government troops and pro-Russian separatists since last summer, rendering a months-old cease-fire agreement effectively defunct.

The two sides have been trading heavy fire at the Donetsk airport, a prize that, though more symbolic than strategic, has been at the center of punishing recent attacks that have reduced much of the facility to rubble. Each side has claimed control of the airport at various points, and militia and army fighters there continued to launch strikes against each other over the past several days.

The U.S. ambassador to Ukraine, Geoffrey R. Pyatt, bolstered Ukraine’s accusations Tuesday, saying the United States was alarmed by what he called a Russian-provoked military escalation, coupled with the arrival of large quantities of weaponry from Russian territory, according to the Russian Interfax news service.

Ukrainian Foreign Minister Pavlo Klimkin told reporters Tuesday that pro-Russian separatists were “taking advantage” of the military’s compliance to seize “very substantial territory—more than 500 square kilometers.”

Let’s decode this piece of writing from the Washington Post and provide some essential context that is, regrettably, missing far too often from US media sources when reporting on the Ukraine conflict.

To begin, there’s the assertion once again that Russia has been supplying “large quantities” of weapons to the separatists. While this may or may not be true, not one shred of satellite or other imagery or any other evidence has been provided by the US to support that charge.

In this day and age, it is literally not possible to move large amounts of heavy weaponry across open land without satellites and/or drones taking pictures of them.

Furthermore, in this case the charges are being levied by one Geoffrey Pyatt, the infamous US ambassador to Ukraine who was caught on tape discussing the imminent coup of then-President Yanukovych. He also famously tweeted out a crudely doctored photo purporting to show that the missile attack on MH-17 came from the separatists—evidence that was quickly defrauded by the intelligence community.

Why the Washington Post would report anything from Pyatt as worthy of our serious consideration given his blighted track record so far is a complete mystery to me. It would be like recommending your friend to a doctor you knew had committed gross malpractice multiple times.

Next, the separatists are not “taking advantage” of a one-sided lull in the fighting to claim territory. They have been winning battle after battle. What they have taken advantage of is the poor training and lackluster military strategy undertaken by Kiev’s forces.

It should also be noted that the above article presents the status of the conflict an even match. There’s no indication that one side is winning or losing.

This is par for the course with US media reports these days, and it’s really a disturbing indication that the shoddy journalistic ethics on display during the horrendously misreported weapons of mass destructions lies that led to the most recent US attack on Iraq are still with us today.

It’s quite sad, really. Because when it comes to an issue as important as a potential conflict with Russia, the US owes it to itself to get the facts right. The stakes are worthy of that.

A final point about the shortcomings of the Washington Post piece above concerns the heavily contested Donetsk airport. Five days prior to the above article’s publication, the airport had been clearly reported by other outlets to have already been lost by Kiev forces:

Russia-Backed Separatists Seize Donetsk Airport in Ukraine

Jan. 15, 2015

Russian-backed separatists announced that they have captured the shattered remains of the Donetsk airport terminal in eastern Ukraine and plan to claw back more territory, further dashing hopes for a lasting peace agreement.

The airport, on the fringes of the rebel stronghold of Donetsk, has been at the centre of bitter battles since May. Control over it was split between the separatists and Ukrainian forces, who had held onto the main civilian terminal. Reduced to little more than a shell-strewn wreck, the building is of limited strategic importance but has great symbolic value.

An AP reporter saw a rebel flag hoisted over that building Thursday, although fighting still appeared to be ongoing. Ukraine insisted government troops were holding their positions at the airport.

Instead of the airport being up for grabs as the WaPo article implies, it has had the rebel flag flying over it as of five days ago. It’s clearly in the hands of one side, the separatists. That’s a huge difference, and is just one more example of heavily slanted writing that passes for news in the US these days.

But leaving the shoddy reporting aside, the main summary here is that the intense fighting in Ukraine has resulted in mounting losses for Kiev.

All of which provides the context for this week’s hurriedly brokered “peace summit” that will involve France, Germany, Russia, and Ukraine.

Splitting Away

Europe has begun the process of splitting away from the US on the matter of Russia and Ukraine.

What’s interesting is that an emergency meeting is being convened amongst several of the top leaders in the world, but look who’s suspiciously absent from the talks:

Merkel and Hollande’s Surprise Moscow Visit Raises Hopes of Ukraine Deal

Feb. 5, 2015

The leaders of Germany and France abruptly announced a summit with the Russian president, Vladimir Putin, in Moscow on Friday in response to overtures from the Kremlin, raising hopes of a breakthrough in the year-old Ukraine conflict.

The sudden and unusual decision by the chancellor, Angela Merkel, and the president, François Hollande, to travel to Moscow, with the French leader talking of decisions of war and peace, increased the stakes in the crisis while also raising suspicions that the Kremlin was seeking to split Europe and the US. Putin was said to have made “initiatives” to the European leaders in recent days.

Merkel and Hollande met the Ukrainian president, Petro Poroshenko, in Kiev on Thursday evening but left without making any comment.

EU diplomats and officials said that growing US talk of arming Ukraine was pushing the Russians and Europeans towards a diplomatic deal, with both sides keen to avoid weapons deliveries but also to keep the US on the sidelines of the diplomacy.

Note the progression of what transpired, which we can piece together from this and other articles. US Secretary of State John Kerry was in Kiev meeting with the president and prime minister of Ukraine, but did not attend similar meetings with Hollande and Merkel held on the same day.

Then Hollande and Merkel jet straight off to Moscow for high-level talks.

Missing in action from the Germany-France-Ukraine-Russia talks is John Kerry, President Obama, or any other ranking US official. This speaks volumes about where we are in this narrative.

When the US started down this path of confrontation with Russia, which remains a complete strategic mystery to nearly all thoughtful observers, there were two large possible outcomes: isolating Russia and fracturing its growing ties with Europe; or accidentally fracturing the strong ties between the US and Europe.

Oops. Looks like we’ve opened Door #2.

I didn’t know how serious it was until I read this:

Kerry Insists “There Is No Split” with Europe on Russia, Ukraine

Feb. 8, 2015

Munich – Secretary of State John Kerry on Sunday denied any divisions between the U.S. and Europe over how to handle Russia, as Germany announced another high-level summit aimed at stemming the crisis in Ukraine.

Kerry told a security conference in Munich that he wanted to “assure everybody there is no division, there is no split” between Washington and its European allies amid the crisis in Ukraine.

“We are united, we are working closely together,” he told the conference following meetings with his French and German counterparts. “We all agree that this challenge will not end through military force. We are united in our diplomacy.”

It’s not terribly hard to read through that diplomatic double-speak here. The US is “united in our diplomacy” with Europe, even though the US was apparently not invited to be part of the biggest gathering of heads of state on what could be the flash point for a major regional war.

Nice try, John.

There’s a saying that news is never official until it’s denied. Well, I guess that makes it official: there’s an emerging split between the US and Europe over the matter of Russia and Ukraine. And it’s about time.

The key issue, apparently, is that the US, true to form, is ready to send in military arms to the Ukraine regime, and Europe thinks that’s a bad idea for multiple reasons. I could not agree more.

After all, when has the US arming one side of a regional conflict led to regional peace and a good outcome for the citizens of any particular area? If you can’t think of any recent examples, neither can I. The track record of late is nothing short of being a complete disaster for the people of the various countries involved. Iraq, Syria, Egypt, Yemen, and Nicaragua come to mind.

But the people of Ukraine have to be kicking themselves right about now. Not only did they fall for the rosy promises of change and hope peddled by the West, they also believed the West would be a better partner for them than Russia. Worse, instead of finding a way to have both as partners, they adopted the West’s idea that it had to be one or the other. And now their country is being torn apart.

www.caseyresearch.com/articles/the-us-su...-strategy-on-ukraine
03:04 PM
Jeff Nielson replied to the topic Re: The End of Bullion Bulls Canada in the forums.
DayOwl wrote:
I would dearly miss this forum if it were to go away permanently. However, setting up a virtual meeting place should be quite easy. At the very least, a blogspot could be set up for posting articles and commentary. Ideas for a name for such a forum could be submitted on this thread.


There we go. And I suspect that (at the least) I can get a little "advice" on the mechanics necessary to have at least some bare-bones "meeting place" which still exists. I've already made some preliminary inquiries about the ease/difficulty of preserving my archives of commentaries. And maybe then (if necessary) I'll add some sort of "donations box", in order to bring in the modest flow of funds necessary to fund a site (of some sort)...??

If this really were nothing but a plain, simple "death", then arguably it would be a little macabre counting-down the months together -- like some inmate on death-row (lol), or a patient with a terminal illness. But by giving us (and me) lots of time -- publicly -- that provides a lot more opportunity to plan (and discuss) "what's next?"

12:49 PM
Jeff Nielson, Earl replied to the topic Re: Ron Paul: Secession "is going to happen" in the forums.
Earl wrote:
Jeff,

I'd love to hear you comment in the opposite direction, as in "Mission Unaccomplished".

The rug is getting a bit worn under the doctor's rocker.

State - Texas

The territory of Texas was accomplished from the Federal teet. Texas played both sides of the Civil War, like Prescott Bush did in WWII. The Dallas Cowboy's, "America's Team".

Ron Paul started the "Tea Party" (IRS rebellion)and it's become a satanic cult lead by "hell bent for leather" Christian conservative's. For God sakes, somebody wake me up after the "party".

Let's fan that fire with a IRS audit, like a NRA gun directory.

Texas is so far on the Federal government teet, they're actually generational political brats. They simply throw a tantrum when they want something.

"Everything is bigger in Texas". Like there Federal faucet of funds and there tantrums.

Texas- The big "legalization for drug state". That's why they have privatized prisons. A movement accelerated by another Texan- Bush Jr.

If the doctor wants to blow his horn about "secession", he can lead by example in his own state- Texas

Till then, it's merely another tantrum from another career Federal servant from the "Lone Star State".

Appreciate any and all feedback-

Thank You
Earl



Fair enough Earl. I presented my "glass half-full" position, but still leaves half a glass. What about the "half" that's empty?

I've made no effort to hide my own fatalistic inclinations. For any not familiar with "fatalism"; it's a philosophical belief that (at least to some extent) our "paths" are laid out for us -- in both individual and collective terms. One of the reasons why so much of my writing has revolved around the banksters destroying themselves is because my own best "prediction" of where we were headed (in general terms) is that the One Bank would be "successful" -- meaning they would be capable of leading us into whatever manufactured Hell they have planned for the upcoming U.S. election cycle.

Indeed, my latest commentary is nearly entirely devoted to this theme, and (admittedly) I wrote it with the thought of "the end of BBC" in mind. What if the Rothschilds stole everything?

Rothschild vs. Rothschild

(Total) "success" can only lead to their own (total) destruction. So how do I measure "success" (for BBC itself), in a world where "the Bad Guys are winning", and can pretty much do whatever they want? Just look around. What's different now versus when BBC was created is that now we see CLEAR, DECISIVE REACTION when the One Bank (i.e. the Rothschilds) looks to perpetrate some particularly dastardly deed.

We see this at the individual level (and even within our nations now) when people like Paul Craig Roberts and Ron Paul speak out against this fascism. And they no longer do so in subtle or euphemistic terms, which these psychopaths can (and did) simply laugh off. They are being BLUNT: "World War III", "presstitutes", etc.

And (even more importantly) we are finally seeing reaction at the collective (i.e. international label). Recall what I`ve written recently when we saw the One Bank first attack Russia, and then (now) line-up Greece in its crosshairs:

"Today we are all Russian."
"Today we are Greeks."


...and (always):

"United we stand; divided we fall.

Economic Terrorism Against Russia Intensifies
Greece Says ‘No’ To Fake Bail-Outs

What did we see when the One Bank (via its puppet in the White House) applied maximum pressure on Russia, and the hyenas in the media were "predicting" it would be forced to sell its gold? We saw China step up and make it PUBLICLY clear it would not allow Russia's economy to fail.

What did we see when the EU traitor/psychopaths said to Greece's new government: "do what we say, or we'll destroy you"? We saw Russia step up and offer to back-stop Greece. United we stand; divided we fall.

The CRIMES of these psychopaths may be worse than ever, but the world is no longer just standing around WATCHING. When the Fascists wanted to manufacture a war in Syria; China and Russia (and other members of the international community) said "no".

Do I think that the governments of China and Russia were reading my work, and their actions were a reaction to my call to stand together? LOL! Of course not. But I don't need to engage in such delusions of grandeur to categorize the work I've done here at BBC as a (modest) "success".

My mantra from Day #1 has always been "pebbles in the pond", with the obvious implication that I was one of those pebbles. I did make "ripples", and when the Rothschilds attempted to 'put me in a box' so that people couldn't see/hear what I was saying; I found ways around (with a little help from my Friends).

When they cut-off my access (and audience) at Seeking Alpha; I found new exposure at (of all places) TheStreet.com. When they got me blacklisted at TheSteet; I got more exposure at GATA. When GATA back-stabbed me; people like Sean at SGTReport, Geoffrey Rutherford of Sprott, and (now) Tyler Durden at Zero Hedge came forward to give me new (or increased) exposure there -- so that my message can still be "heard", by any who want to listen.



But if I did just "fade off into the sunset" (lol); it's with the knowledge now that the wheels are already in motion. There won't be any more "standing and watching" by the international community, outside of the corrupt West (and its own lackey states).

The world is a worse place today than when we created BBC (glass half-empty); but that was likely inevitable. However what has also changed is that while our own Zombie populations still remain comatose (for the moment); the Rest of the World has now woken up (glass half-full).



To address your comment in specific terms; just like we see the West being more and more publicly ostracized by the Rest of the World; irredeemably corrupted States within the U.S. (like Texas) will start to be shunned/ostracized by the least-corrupt jurisdictions. The U.S.'s first civil was (at least officially) to "abolish slavery". IF it has a second one (which unfortunately is a possibility) it would almost certainly revolve around abolishing government-by-crime-syndicate -- i.e. tearing-down the U.S.'s irredeemably rotten system.

Things can still be "fixed" (in a peaceful, structured process), but if that doesn't happen, we have less-civilized mechanisms for fixing broken systems...

12:35 PM

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