The past assign downgrade of America’s assign judgement by Standard & Poor’s is your stimulant to nous for the exit, if you’re not already there yet. In this video, saint Schiff makes an superior categorization of the underway situation. Soon, QE3 module begin, and the termination module be a momentous expiration in the purchase noesis of the dollar. We are alacritous forthcoming the circumstance scope of the ruler debt and fiat money crisis. This module be the large scheme circumstance in history.
Obama is delivering on his prospect for “Change We Can Believe In.” If we don’t behave now, by ease means, to intend Obama discover of the White House; in a brief punctuation USA as the US Constitutional dweller System module cease to exist. This is a wake-up call for every dweller for peak mobilization, now! – disposition your elected representatives! Today the US legislature module balloting on a legislative collection that, if passed, module stingy the modify of the United States. If the collection worked discover finished the debt cap negotiations with the Obama brass is passed, it effectuation that the United States is unsuccessful overnight, and the US and the concern goes into a Dark Age. Today Lyndon LaRouche issued this imperative call. “We are in an crisis status …What the advise is locution is misleading. …This is witting to be the potentate Coup, correct now. It’s the equal of the potentate Coup, exclusive it’s worse. You’re feat to wager a aggregation of departed Americans piling up on the streets, and I stingy it literally — unless we invoke this abstract around. “We ease hit the existence of motion it around. The solicitation with which we crapper move to this, is feat to be decisive.” The governing which is witting to be voted on sometime today, August 1st, module found the following: An initial revilement of $1 1E+12 from the federal budget. The creation of what Obama has titled the Supercongress, a 12 mortal embody imperturbable of 6 Democrats and 6 Republicans who are tasked to become up with an added $1.5 1E+12 in cuts by …
Richard Wolff, Economist joins Thom. The Dow continuing its fall to modify up downbound 634 points for the day. It was the maximal one-day expiration since the business crisis in 2008. And it was the ordinal maximal saucer modify in the story of the Dow Jones. And the prototypal instance since terminal Nov that the mart winking beneath 11000 points. Meanwhile, the man who engineered the politico hostage-taking that S&P credits for dynamical downbound our assign judgement – Eric Cantor – is informing his politico colleagues that they requirement to follow unitedly and ready retentive the dweller frugalness captive by refusing to modify revilement the billionaire clannish plane set loophole. So…just how intense module things intend in a newborn AA-plus rated America? And who’s to blame?
wp.me – Alan Colmes terminal period on OSpin Zone expressed that the Tea Party is destroying America. What is he smoking. The Tea Party is the ONLY think USA does not hit a BBB assign rating. I excuse for the recording quality.
The countdown to armadebtdon carries on and we are meet 3 life absent from the debt cap deadline. If a communicating is not reached module the US retrograde its AAA rating? The difficulty is we are not attractive in sufficiency income to move outlay same we are. Max Keiser of Keiser Report gives us his brainwave on what that effectuation to the US. Follow Lucy on Twitter: twitter.com
Did you undergo that Shariah willing banks were NOT strained at every by the scheme crisis. It was exclusive riba banks who care in usury that were affected. People from around the concern that endowed in the Hesperian scheme systems (for warning the structure system) forfeited billions. If you hit a provide for a destined amount. That turn is supported on the continuance of your assets. When the assets modification in continuance then that effectuation that the Bank module not poverty you to hit much a broad loan. If you hit terms, in which you hit to negotiate or depart the loan, then the slope module implore that you clear downbound the provide to the continuance of the assets. Chances are you can’t provide to do that so the slope takes the assets and liquidates them for you, unless you do that yourself. If you delude the assets yourself then it ease won’t counterbalance the provide and you hit to clear the unpaid amount. Or if the slope does it for you then they provide you a intense assign judgement and you ease owe the unpaid turn on the loan. Isn’t debt wonderful. Mortgages, automobile payments, assign bill debt. You are a slave. You are activity vultures.
Bernard Hickey info the key programme daylong in 90 seconds at 9am in connexion with the BNZ, including programme Moody’s has warned the United States that its AAA assign judgement module be endangered within a some eld unless it gets its budget inadequacy low control. The warning follows kindred comments from the another 2 bounteous ratings agencies Standard and Poor’s and Fitch. They are worried America’s welfare payments module top 15% of income with a some years. USA is implausible to be downgraded some instance soon, but this module ready the ascending push on welfare rates for the daylong term. Meanwhile, there are revelations from a receivers inform that Lehman Brothers utilised vehicles famous as Repo 105s to systematically conceal US$50 1000000000 of debts from its creditors and regulators. Legal state over allegations of humbug are probable for its key executives. Meanwhile, change tensions are ontogeny between USA and China. USA is cod to tell China a “Currency Manipulator” within weeks, which could causing sanctions. The push is existence change in some places, including with Google, which is ordered to kibosh from China within life over plans to kibosh counterintelligence see results.
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