Soros: Major Bloodletting Ahead

Straight from the horses' mouth Mr. Soros. Warnings from one of the insiders in this article from Newsmax. Pay attention to what Mr. Soros says. Here is some examples:

1. “In commercial real estate and leveraged buyouts, the bloodletting is yet to come,” Soros said in a speech in Europe, reported by Bloomberg News
2. "These factors will continue to weigh on the American economy, and the American consumer will no longer be able to serve as the motor for the world economy.”
3. Soros reckons that, given these facts, the global economic recovery is “liable to run out of steam” and that a “double-dip” recession may emerge in 2011.

So all of that jobless recovery talk is just pure nonsense. We had all better be prepared we are in for some hard times. Look for the commercial real estate bubble to burst soon. The American worker won't be able to be the engine of the economy because all of our industrial and manufacturing jobs are being kicked over seas. Mr. Soros knows another dip is coming because he is in the know and I will leave you to ponder about that one until more happens. It is no mistake that he is saying these things.

Wednesday, November 25, 2009 5:10 PM

By: Gene J. Koprowski Article Font Size

Billionaire George Soros believes a “bloodletting” may be in the offing for leveraged buyout firms (LBOs) and commercial real estate investors amid the worst economy in seven decades.

“In commercial real estate and leveraged buyouts, the bloodletting is yet to come,” Soros said in a speech in Europe, reported by Bloomberg News.

“These factors will continue to weigh on the American economy, and the American consumer will no longer be able to serve as the motor for the world economy.”

Bankers across the globe have accounted for $1.66 trillion of write downs and write-offs on bad loans since the start of the credit crisis in 2007.

Moody’s Investors Service reports that the global speculative default rate will peak at 12.5 percent this quarter as the U.S. and European economies struggle. The rate rose to 12 percent in the third quarter, up from 2.8 percent a year earlier, Moody’s reports.

That’s nearly 10 percent in just 12 months.

Soros reckons that, given these facts, the global economic recovery is “liable to run out of steam” and that a “double-dip” recession may emerge in 2011.

Others agree that a double-dip recession may hit soon, but for other reasons.

New York Times columnist Paul Krugman, a Nobel Prize winner, says that the double-digit unemployment rate is undermining confidence, and not just in the financial industry.

With more suffering likely, the poor economic leadership of the world’s largest countries may cause a collapse of confidence among ordinary workers and businesses worldwide

Turning Point: Couric Rips Obama

Newsmax reports of Katie Couric attacking Obama. She slams him for no new ideas; that is because he is just a continuance of Bush. There should be little doubt that a agenda has been pushed upon the American people for several decades. Why they are beginning to attack Obama and allow the Republicans to say I told you so may be a planned event. Only then the Republicans can take control with conservative cover and accomplish things that the populace would not allow Obama to do. Think about that and ponder.

Katie Couric may be best known for her unflattering interview with Sarah Palin. But her nightly news broadcast this past Monday night may be an indicator that the big liberal media are now turning their guns on Obama.

Couric said on “CBS Evening News” that Americans are growing “disenchanted” with Obama and are openly questioning his credibility.

“Is the honeymoon over?” anchor Couric said at the beginning of her correspondent’s report.

“Although President Obama has been in office less than a year, many Americans are growing disenchanted with his handling of the enormous problems he and the country are facing, from healthcare to unemployment to Afghanistan.

“His poll numbers are sliding, and at least one poll shows his job approval rating has fallen, for the first time, below 50 percent.”

Correspondent Chris Reid chimed in: “The president is getting battered on everything from the economy to foreign policy. Some polls show Americans are increasingly questioning his credibility.”

The report asserted that while Obama talks about dealing with unemployment, which is over 10 percent and expected to rise, he has developed “no new ideas” for dealing with the problem.

CBS also cited a poll showing that only 14 percent of Americans believe Obama’s claim that healthcare reform won’t add to the budget deficit, and only 7 percent believe that the stimulus has created any jobs at all.

The report also criticized the president for being “indecisive” on Afghanistan, and for returning from his recent Asian trip “with little to show for it.”

An expert was quoted as describing his trip as the “amateur hour,” as he did not line up agreements with foreign countries before venturing abroad.

IMF Chief: Banks Hiding Half of Their Losses

Some fear mongering for the banks to receive another bailout and loot the American people on more time is rearing its ugly head. I am sure they banks are hiding their money cause they are cooking the books. The federal reserve should be audited along with every bank in the country. All fraudulent stuff found needs to be investigated and then someone prosecuted for it.

There is a warning at the very end of this article about how any recovery won't be sustained. “People are expecting something great to happen in 2010, and I think they are going to be severely disappointed.” We cannot have a true recovery when jobs are being sucked away from us by the day. The administration claims of a jobless recovery, well only an idiot would believe that. Again my contention is the economy will improve for a very short time and then the rug will be pulled out from underneath us once more.

Until we get rid of the Federal Reserve, balance the budget, pay down the debt, and bring our Service men home. We won't ever get our country back.


Wednesday, November 25, 2009 9:56 AM

By: Dan Weil Article Font Size

International Monetary Fund (IMF) Managing Director Dominique Strauss-Kahn says banks have yet to declare about 50 percent of their losses from the financial crisis.

“It is our view we are still in the situation where a lot of losses haven’t been disclosed,” he said at a conference in London.

“How much is a difficult assessment, but let’s say something which is close to half of it.”

Banks “remain undercapitalized” in many industrialized nations with “far from normal” conditions, Strauss-Kahn said in a speech to the conference.

In September, the IMF estimated banks have $1.5 trillion of bad assets still on their books. It cut its forecast for total global bank writedowns by 15 percent to $3.4 trillion in September, thanks to easing credit conditions and economic recovery.

The IMF said then that U.S. banks have owned up to 60 percent of their losses, beating the 40 percent total in the Eurozone and the United Kingdom.

“Probably a little more has been disclosed in the U.S. and a little less in Europe, but it’s almost half and half,” Strauss-Kahn said. “So, we still have a long way to go.”

Independent bank analyst Meredith Whitney sees plenty of trouble ahead for banks. “The banks are still grossly overvalued,” she told Bloomberg.

“People are expecting something great to happen in 2010, and I think they are going to be severely disappointed.”

© 2009 Newsmax. All rights reserved.

Happy Thanksgiving a Holiday Thanking the Creator for our provisions

By this time tomorrow we will be stuffed with great food and have our ears burned by conversation.

But this Holiday is about giving thanks to the One who caused light to shine out of darknes: For God, who said, "Light shall shine out of darkness"-He has shone in our harts to give the light of the knowledge of God's glory in the face of Jesus Christ (2 Corinthians 4:6.) Who is the image of God.

Food For Thought From The Chuckwagon
My Thanksgiving Prayer
By Chuck Baldwin November 24, 2009

That first Thanksgiving in the fall of 1621 saw about 50 Mayflower Pilgrims and 100 native Indians come together for a celebration feast consisting of a variety of homegrown vegetables--including corn, squash, beans, barley, and peas--along with wild turkey and venison. The precise date is not known, but it is believed to have taken place in late October or early November. Historians record that the Massachusetts weather was crisp, but not cold--and the fall foliage dazzled America's newcomers with a cornucopia of color.

These Pilgrims were mostly "Separatists," who had left Europe to seek a land of liberty, where men could be free to worship God according to the dictates of their own conscience--not according to the demands of a State church or an oppressive government. They made their intentions and motivations clear when they signed America's first covenant, a document called The Mayflower Compact:

"We whose names are underwritten . . . Having undertaken, for the Glory of God and advancement of the Christian faith . . ."

This undertaking had prompted them to leave their homes, livelihoods, families, friends, and way of life, and face a dangerous voyage across the Atlantic Ocean. Many became ill and some did not survive to see the new world. But they all believed that they were doing God's will and that He would honor their faith. And He certainly did.

Although the original Pilgrims had a few confrontations with the American Indians--some were even violent--for the most part, the Indians were friendly and accommodating. They taught the Pilgrims what crops to grow and how best to grow them. They helped them understand American agriculture and the ways of the wild game endemic to that part of North America. And by the time they held their first Thanksgiving banquet, the relationship between those original Pilgrims and Massasoit and his small tribe of Indians was one of genuine trust and friendship.

God had, indeed, smiled upon the small band of Pilgrims. They had survived a long, treacherous journey across the ocean, had written the immortal Mayflower Compact, had built their homes and community, had established a civil body-politic, had successfully planted and harvested enough food to keep them through the winter, and had established peaceful relations with the native Indians.

The Pilgrim Thanksgiving may have been the first such celebration, but it was far from the last.

Not long after becoming America's first (and greatest) President, George Washington issued our country's first Thanksgiving Proclamation on October 3, 1789. In the proclamation, Washington wrote:

"Whereas it is the duty of all Nations to acknowledge the providence of Almighty God, to obey his will, to be grateful for his benefits, and humbly to implore his protection and favor . . .

"Now therefore I do recommend and assign Thursday the 26th day of November next to be devoted by the People of these States to the service of that great and glorious Being, who is the beneficent Author of all the good that was, that is, or that will be--That we may then all unite in rendering unto him our sincere and humble thanks--for his kind care and protection of the People of this Country previous to their becoming a Nation--for the signal and manifold mercies, and the favorable interpositions of his Providence which we experienced in the course and conclusion of the late war--for the great degree of tranquility, union, and plenty, which we have since enjoyed--for the peaceable and rational manner, in which we have been enabled to establish constitutions of government for our safety and happiness, and particularly the national One now lately instituted--for the civil and religious liberty with which we are blessed; and the means we have of acquiring and diffusing useful knowledge; and in general for all the great and various favors which he hath been pleased to confer upon us.

"And also that we may then unite in most humbly offering our prayers and supplications to the great Lord and Ruler of Nations and beseech him to pardon our national and other transgressions--to enable us all, whether in public or private stations, to perform our several and relative duties properly and punctually--to render our national government a blessing to all the people, by constantly being a Government of wise, just, and constitutional laws, discreetly and faithfully executed and obeyed--to protect and guide all Sovereigns and Nations (especially such as have shewn kindness unto us) and to bless them with good government, peace, and concord--To promote the knowledge and practice of true religion and virtue, and the increase of science among them and us--and generally to grant unto all Mankind such a degree of temporal prosperity as he alone knows to be best."

Presidents ever since have likewise issued proclamations of thanksgiving exhorting the American people to humbly acknowledge the protection and blessing of Heaven upon our land. It is particularly appropriate that they would do this. After all, we Americans--of all people--have sufficient reason to give corporate thanks to Almighty God, as our Christian forebears founded this land for the express purpose of seeking religious liberty.

The history of the world's nations is largely the story of one despot being replaced with another. Throughout the annals of human history, the story of human government is that of the rise and fall of one empire after another; one king or potentate after another. One dictatorship being replaced with another dictatorship. One form of monarchy replacing another form of monarchy. Some were kinder than others. Some were benevolent. Some were harsh. And some were downright cruel. But until July 4, 1776, there was no such thing as a nation founded on self-government, federalism, and religious liberty.

For the first time in world history, Christian people were granted a land of blessing and hope. In the human sense, America became to Christians what Canaan was to Old Testament Israel. In America, believers could live at peace with both their society and their government. They no longer had to choose between obeying their God and obeying their king. In America, there was no king, but King Jesus. In America, men could truly render unto God that which was God's, as Caesar did not demand for himself that which was God's alone. (In fact, in America, we have no Caesar.) Men no longer had to violate their conscience in order to stay out of jail. Believers were no longer required to worship at the altar of the State or the State Church. In America, men could live free.

I repeat: if anyone has a reason to give corporate thanksgiving unto God, it is the people of the United States.

The common attitudes being displayed by many Christians--along with their spiritual leaders and pastors--today, however, are truly disgusting: apathy, indifference, and lethargy seem to rule the day. I constantly hear things like: "God hasn't called me to get involved in politics," or "I am only called to preach the Gospel," or "Maybe we need to go into persecution," or "It's not my responsibility to save America." All of which exposes their personal cowardice and utter contempt for the sacrifices rendered by their brave ancestors--sacrifices which procured the very blessings of liberty that they now hoggishly wallow in without appreciation or afterthought. And now, when faced with the imminent threat of the loss of the very liberties that they have taken for granted, they glibly reject any personal responsibility to maintain said liberties for their posterity--and pharisaically excuse their miserable conduct with pious-sounding clichés. They even have the wicked audacity to attempt to use the Scripture as an unholy closet in which they might hide--the same Scripture that their forefathers claimed as an illuminating beacon that was used to conquer the darkness of oppression.

I pray that this Thanksgiving season may be a time of both rejoicing and reflection, as well as a time of feasting and fellowship. But may it also be a time of rededication and renewal; a time of determination and decision, that we will each give our whole heart, mind, and strength to the restoration of the principles of freedom and federalism upon which our republic was built. Let us renew the Spirit of '76 in America once more. In the face of whatever danger and challenge that may oppose us, I pray that we will be the ones that will rise up to reclaim the blessings of liberty for our children and our children's children. So help us, Almighty God!

This is why America is being eroded

The Judge and Mr. Rockwell hit the nail on the head it is the Federal Reserve and the Political bodied system with two heads that act as one. Congress doesn't pay any attention to the constitution and neither does the administration ( it matters not which party is in control.) We also have to much party affiliation going on instead of honoring the Oath to the Constitution. It is obey my party boss and not the document of whom my position rests. This is just a down right shame.

“Climategate”: Peer-Review System Was Hijacked By Warming Alarmists

Well, after being gone for over a week on vacation I am back. The infowar hasn't stopped and I am ready to catch the grove and get back up to speed.

Lies, deceit, intimidation, and misinformation. This is the formula of a tyrant. A tyrant that cannot back up their assertions with the truth and the facts. That is what a tyrant does when the truth is not on their side they force the issue in EVIL ways. I say evil because at its core that is what is going on. Only this tyrant is an untold amount of people and government agencies world wide including the United States Government. This is collusion, criminal, treason and everyone involved should be removed from their position and prosecuted.

Now come and read this article by Mr. Watson and see the links it will be worth your time.


Steve Watson
Infowars.net
Monday, Nov 23, 2009


One of the most striking revelations to immediately emerge from the “climategate” scandal has been references to efforts by scientists espousing the human-caused warming theory to exclude contrary viewpoints from important scientific publications.

Among the thousands of emails and documents hacked or leaked from the Climate Research Unit at East Anglia University last week are several references to an agenda to shut down scientific debate on global warming by stifling counter-evidence from other scientists...

Read full article here

Kiss Your Freedoms Goodbye If Health Care Passes

A preview into things to come by the Judge. The Judge interviews Rep. Clyburn and he states that most of what congress does is unconstitutional. What a novel idea. Our Rep. are intentionally ignoring the Constitution. Is this not treason? Only a depraved minded public would put up with this.

All of this so called help for the less unfortunate is nothing but hog wash. Jefferson said "Those who trade safety for security deserve neither." Well, guess what you will get neither because these clowns running the show don't care about you and I. You can have your delusions that they do but only at your own destruction.

And on the one trillion plus price tag the CBO has said this would cost is huge. But as we all know anything the government gets its hands on the price tag always is far short of what the true costs will be by at least three times (and that is being conservative). The biggest loss will be in our freedoms with the government encroaching on us at every turn.

All those bleeding harts that want this criminal, evil, socialized medical program will get it. And because of your selfishness you have caused this great country untold problems. Which will result in the loss of untold liberties, wealth, and security. Thank you for helping in the Fall of the Republic.

by Andrew Napolitano
- FOXNews.com
- November 06, 2009


Tomorrow, the House of Representatives will vote on a 2,000 page bill to give the federal government the power to micromanage the health care of every single American. The bill will no doubt pass. It will raise your taxes, steal your freedom, invade your privacy, and ration your health care. Even the Republicans have introduced their version of Obamacare Lite. It, too, if passed, will compel employers to provide coverage, bribe the states to change their court rules, and tell insurance companies whom to insure.

We do not have two political parties in this country, America. We have one party; called the Big Government Party. The Republican wing likes deficits, war, and assaults on civil liberties. The Democratic wing likes wealth transfer, taxes, and assaults on commercial liberties. Both parties like power; and neither is interested in your freedoms. Think about it. Government is the negation of freedom. Freedom is your power and ability to follow your own free will and your own conscience. The government wants you to follow the will of some faceless bureaucrat.

When I recently asked Congressman James Clyburn, the third ranking Democrat in the House, to tell me "Where in the Constitution the federal government is authorized to regulate everyone's healthcare--, he replied that most of what Congress does is not authorized by the Constitution, but they do it anyway. There you have it. Congress recognizes no limits on its power. It doesn't care about the Constitution, it doesn't care about your inalienable rights, it doesn't care about the liberties protected by the Bill of Rights, it doesn't even read the laws it writes.

America, this is not an academic issue. If this health care bill becomes law, life as you have known it, freedom as you have exercised it, privacy as you have enjoyed it, will cease to be.

When Congress takes away our freedoms, they will be gone forever. What will you do to prevent this from happening?

Judge Andrew Napolitano is Fox News Channel's senior judicial analyst.

Link to article HERE

CFR Recording Suggests Creating False Scarcity To Drive Up Demand For H1N1 Vaccine

This is not a shock to me but I invite you to check out the links in the article (articles and video links are included). This stuff just makes me sick and mad that the people of this great country have been so deceived. It is hard mentally to admit this corruption and pure evil in this country. However, we should no longer point to other countries at their corruption when we have it all right here at our door step.
Full article HERE.

Steve Watson
Infowars.net
Tuesday, Nov 3, 2009

A recording of a recent Council On Foreign Relations symposium reveals attendees discussing ways and means of getting the public to take the H1N1 flu vaccine in spite of the mass resistance that has arisen due to questions over it’s safety...

Some startling admissions in the video. It is not a mistake that the information is given here. Point one is that this virus is descendant from the 1918 flu. Think about that one for a minute. A reporter asks why pregnant women and children are mostly effected. Think about that one also. In the flu insert that comes with the vaccine is warnings of GBS, and dangers to pregnant women. Also that it has not been tested in the field of infertility. A Dr. admits that we have around 30,000 deaths do to the flu each year.