Chickork

Can we trust our food labels? Appartently in the UK we can not. I doubt things are much different here. BTW, why do the Powers That Be allow water to be injected into chicken? 

A Chart Is Worth 10,000 Words

The following chart tells us why the West is headed for a crisis. Note that the debt listed here does not include unfunded liabilities. For America this is an extra 75 trillion for Social Security and Medicare. 

Thanks to Charles Hugh Smith for the chart. 

Banksters

It is amazing how much this is like my interpretation of Revelation 17-18:

Revelation 18

Lament Over Fallen Babylon

 ¹ After this I saw another angel coming down from heaven. He had great authority, and the earth was illuminated by his splendor. ² With a mighty voice he shouted:

   “‘Fallen! Fallen is Babylon the Great!’
   She has become a dwelling for demons 
and a haunt for every impure spirit, 
   a haunt for every unclean bird, 
   a haunt for every unclean and detestable animal. 
³ For all the nations have drunk 
   the maddening wine of her adulteries. 
The kings of the earth committed adultery with her, 
   and the merchants of the earth grew rich from her excessive luxuries.”

Warning to Escape Babylon’s Judgment

 ⁴ Then I heard another voice from heaven say:

   “‘Come out of her, my people,’
   so that you will not share in her sins, 
   so that you will not receive any of her plagues; 
⁵ for her sins are piled up to heaven, 
   and God has remembered her crimes. 
⁶ Give back to her as she has given; 
   pay her back double for what she has done. 
   Pour her a double portion from her own cup. 
⁷ Give her as much torment and grief 
   as the glory and luxury she gave herself. 
In her heart she boasts, 
   ‘I sit enthroned as queen. 
I am not a widow;
   I will never mourn.’ 
⁸ Therefore in one day her plagues will overtake her: 
   death, mourning and famine. 
She will be consumed by fire, 
   for mighty is the Lord God who judges her.

Threefold Woe Over Babylon’s Fall

 ⁹ “When the kings of the earth who committed adultery with her and shared her luxury see the smoke of her burning, they will weep and mourn over her. ¹⁰ Terrified at her torment, they will stand far off and cry:

   “‘Woe! Woe to you, great city, 
   you mighty city of Babylon! 
In one hour your doom has come!’

 ¹¹ “The merchants of the earth will weep and mourn over her because no one buys their cargoes anymore— ¹² cargoes of gold, silver, precious stones and pearls; fine linen, purple, silk and scarlet cloth; every sort of citron wood, and articles of every kind made of ivory, costly wood, bronze, iron and marble; ¹³ cargoes of cinnamon and spice, of incense, myrrh and frankincense, of wine and olive oil, of fine flour and wheat; cattle and sheep; horses and carriages; and human beings sold as slaves.

 ¹⁴ “They will say, ‘The fruit you longed for is gone from you. All your luxury and splendor have vanished, never to be recovered.’ ¹⁵ The merchants who sold these things and gained their wealth from her will stand far off, terrified at her torment. They will weep and mourn ¹⁶ and cry out:

   “‘Woe! Woe to you, great city, 
   dressed in fine linen, purple and scarlet, 
   and glittering with gold, precious stones and pearls! 
¹⁷ In one hour such great wealth has been brought to ruin!’

   “Every sea captain, and all who travel by ship, the sailors, and all who earn their living from the sea, will stand far off. ¹⁸When they see the smoke of her burning, they will exclaim, ‘Was there ever a city like this great city?’ ¹⁹ They will throw dust on their heads, and with weeping and mourning cry out:

   “‘Woe! Woe to you, great city, 
   where all who had ships on the sea 
   became rich through her wealth! 
In one hour she has been brought to ruin!’

 ²⁰ “Rejoice over her, you heavens! 
   Rejoice, you people of God! 
   Rejoice, apostles and prophets! 
For God has judged her 
   with the judgment she imposed on you.”

The Finality of Babylon’s Doom

 ²¹ Then a mighty angel picked up a boulder the size of a large millstone and threw it into the sea, and said:

   “With such violence 
   the great city of Babylon will be thrown down, 
   never to be found again. 
²² The music of harpists and musicians, pipers and trumpeters, 
   will never be heard in you again. 
No worker of any trade 
   will ever be found in you again. 
The sound of a millstone 
   will never be heard in you again. 
²³ The light of a lamp 
   will never shine in you again. 
The voice of bridegroom and bride 
   will never be heard in you again. 
Your merchants were the world’s important people. 
   By your magic spell all the nations were led astray. 
²⁴ In her was found the blood of prophets and of God’s holy people, 
   of all who have been slaughtered on the earth.”

Update on Thursday, October 6, 2011 at 7:35AM by [Positive Dennis]

I just wanted to add that these protesters see the problem clearly, but thier solutions are nonsense. 

The Past and Future President

The past and future president of Russia, Vladimir Vladimirovich Putin, recently said:

"They are living beyond their means and shifting a part of the weight of their problems to the world economy," Putin told the pro-Kremlin youth group Nashi while touring its lakeside summer camp some five hours drive north of Moscow.

"They are living like parasites off the global economy and their monopoly of the dollar," Putin said at the open-air meeting with admiring young Russians.

  

It is hard to disagree that America is abusing her reserve currency status. One reason that we are not experiencing inflation is that we are exporting it to other countries, especially China. China, Japan, and yes even Russia have large investments in American Treasury Bills. Finance ministers around the world are not sleeping well.

   

Last year at Davos, a economic meeting of various big wigs and elites, Putin said this:

   

In the 20th century, the Soviet Union made the state's role absolute. In the long run, this made the Soviet economy totally uncompetitive. This lesson cost us dearly. I am sure nobody wants to see it repeated.

Nor should we turn a blind eye to the fact that the spirit of free enterprise, including the principle of personal responsibility of businesspeople, investors and shareholders for their decisions, is being eroded in the last few months. There is no reason to believe that we can achieve better results by shifting responsibility onto the state.

   

And one more point: anti-crisis measures should not escalate into financial populism and a refusal to implement responsible macroeconomic policies. The unjustified swelling of the budgetary deficit and the accumulation of public debts are just as destructive as adventurous stock-jobbing.

    

We live in a world I thought we would never see. A world where the past and future president of Russia under-stands economics better than the present and future president of America. I think we have to agree that not only is Putin more econo-mically correct, but he also looks better without a shirt. 

Goldman Sachs Rules the World

I do not wish to sound conspiratorial, but the title of this blog post is a comment in this video:

This fits well with my personal predictions for the next few years. Things are so bad in Europe that the US, by comparison looks good. This means that "hot money" will gravitate toward the dollar for the next year or so. This will make the American economy look artificially good. This will not last. This gives each of us a little time to get ready for the flood. Use the time wisely as 2013 will be brutal.