Proverbs 22:3 NLT

A prudent person foresees danger and takes precautions. The simpleton goes blindly on and suffers the consequences.

-- (((Charles Finney, said the following: “If
there is a decay of conscience, the pulpit is responsible for it))) --


THOSE WHO WILL DO NOTHING NOW, WHEN IT COSTS THEM LITTLE - WILL DO EVEN LESS LATER, WHEN IT COST THEM EVEN MORE


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Investment Watch

X22 Report is a daily show that will cover issues surrounding the economic collapse

Friday, November 18, 2011

Violence has broken out in Athens, New York and across Italy as anger caused by economic strife boils over on the streets / Antibiotic-resistant infections spread through Europe / Greek protests as France, Spain face squeeze / Detroit could run out of cash in December / No water sold in the EU can now claim to protect against dehydration / Ratings agency Fitch issues warning for U.S. banks / Moody's downgrades 10 German public banks / Report: Jailed Iran pastor facing abuse, torture / Crews Seek Survivors as Southeast Storm Toll Rises – "Everything's Gone ... Even the Cows in the Pasture / 23 Tornadoes Slam South / Illegal “Supercommittee” Pushes Secret Farm Bill That Will Cost Billions / San Pedro Landslide Called 'Life-Threatening Hazard' / With MF Global Money Still Missing, Suspicions Grow

OWS protesters cause mayhem across the city, 177 arrested - Thousands of anti-Wall Street protesters clashed with cops today across lower Manhattan, starting with a march on the New York Stock Exchange this morning and ending with a crossing of the Brooklyn Bridge that snarled traffic.
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WASHINGTON — The Pentagon on Thursday held a successful test flight of a flying bomb that travels faster than the speed of sound and will give military planners the ability to strike targets anywhere in the world in less than a hour.
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Antibiotic-resistant infections spread through Europe
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Greek protests as France, Spain face squeeze
---Monti prepares Italy for more pain; Violence flares in Milan
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EU SAYS WATER IS NOT HEALTHY No water sold in the EU can now claim to protect against dehydration.
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1 in 4 US women take medication for mental disorder
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Detroit could run out of cash in December
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Paul: Obama health care more fascism than socialism
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Russia stands by Assad as pressure mounts on Syria
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Fed Now Largest Owner of U.S. Gov’t Debt—Surpassing China


(CNSNews.com) - At the close of business on Tuesday, the debt of the federal government exceeded $15 trillion for the first time--with the largest single owner of the publicly held portion of that debt being the Federal Reserve. Over the past year, as the Federal Reserve massively increased its holdings of U.S. Treasury securities and entities in China marginally decreased theirs, the Fed surpassed the Chinese as the top owner of publicly held U.S. government debt. In its latest monthly report, the Federal Reserve said that as of Sept. 28, it owned $1.665 trillion in U.S. Treasury securities. That was more than double the $812 billion in U.S. Treasury securities the Fed said it owned as of Sept. 29, 2010. Meanwhile, as of the end of this September, entities in mainland China owned $1.1483 trillion in U.S. Treasury...
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Ron Paul: U.S. In Denial That Country Is "Bankrupt" And "Insolvent"


Rep. Ron Paul (R-TX) tells FOX News that there is a "concerted effort" to silence his opinion. "They don't want to hear what I have to say because I do challenge the status quo. The statue quo of both parties, and our foreign policy, and the policy of the Federal Reserve which serves a lot of powerful special interests, so maybe there is a concerted effort to make sure these views are circulated too widely," Paul said. "The country, basically a lot of people still, as well as the politicians here, they're in denial. They don't realize we're technically bankrupt.
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MUST-READ: Citi's Willem Buiter Says Europe Could Just Have Days Before A Financial Catastrophe


This is a fantastic interview with Citi's Willem Buiter on Bloomberg TV. You can hear the anger in his voice as he argues that Europe may have a matter of days before an unnecessary default and a financial catastrophe. The answer: the ECB must act fast, and ignore the Germans who don't get it. While some people don't think that the ECB can really monetize sovereign debt this way, Buiter believes there's absolutely nothing preventing the ECB from doing whatever it wants on the secondary market. This summary of the key points...
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Ratings agency Fitch issues warning for U.S. banks


Fitch Ratings warned that it may reduce its “stable” rating outlook for U.S. banks with large capital markets businesses because of contagion from problems in troubled European markets. “Unless the euro zone debt crisis is resolved in a timely and orderly manner, the broad outlook for U.S. banks will darken,” Fitch said. “The risks of a negative shock are rising.” The warning was aimed at the entire U.S. banking sector but sent the shares of Goldman Sachs Group Inc. down 4.2 per cent for the day and clipped 8 per cent from the market value of Morgan...
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Contagion tightens its grip on Europe


Contagion’s grip tightened on European debt markets Wednesday, putting an end to the brief respite that followed last week’s political developments. Fresh petitions were issued by politicians and financiers, again urging Europe to intervene with appropriate force and urgency, lest a messy market event precipitate a systemic crisis. French borrowing rates have spiked at an alarming rate, joining Italy among the eurozone’s core powers for which the market registers the greatest concern. “The crisis is broadening,” said Marc Chandler, head of Canadian...
---Spanish, French borrowing costs climb, contagion builds
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Report: Jailed Iran pastor facing abuse, torture


TURKEY (BP) -- The mistreatment of a pastor in Iran awaiting a decision on his death sentence for refusing to recant his faith amounts to physical and psychological torture, a source close to the pastor's family said. Yousef (also spelled Youcef) Nadarkhani, sentenced to death a year ago after a court of appeals in Rasht, Iran, found him guilty of leaving Islam, is in deteriorating health, according to a member of Nadarkhani's denomination, the Church of Iran, who requested anonymity. He said that communication with Nadarkhani is limited, but that...
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Broadcaster firing tests religious freedom, free speech


The firing of broadcaster Damian Goddard, who was let go from Sportsnet six months ago, is turning into a test case about religious freedom in Canada and the right to declare those views in public. Mr. Goddard lost his job after he wrote on Twitter only marriage between a man and a woman is a “true” marriage. “I do not hate homosexuals,” the devout Roman Catholic said in an interview this week. “But if I remain silent I am consenting to something I don’t believe in. I have 2,000 years of Christian history backing me up on this. I’m good with that.” On Wednesday...
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Crews Seek Survivors as Southeast Storm Toll Rises – "Everything's Gone ... Even the Cows in the Pasture
-----23 Tornadoes Slam South
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Illegal “Supercommittee” Pushes Secret Farm Bill That Will Cost Billions
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Obama Cracks Down on Hunters
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House Approves National Concealed Carry Gun Bill
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Use of Wood Stoves on Rise in U.S
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San Pedro Landslide Called 'Life-Threatening Hazard'

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MF Global Looted Customers’ Accounts Via Internal Bank Run - (Big players got warning ahead of time that financial broker was set to collapse.)  Days before the doomed financial broker filed for bankruptcy, MF Global conducted “unexplained wire transfers” that led to a $900 million shortfall in client funds, leading customers like Gerald Celente to learn that their accounts had been looted and setting the precedent for internal bank runs as more big firms go bust.
---With MF Global Money Still Missing, Suspicions Grow


Nearly three weeks after $600 million in customer money went missing from MF Global, the search for the cash has been hampered by the bankrupt brokerage firm’s sloppy record-keeping, an increasingly worrisome situation that has left regulators frustrated and customers in the lurch. The round-the-clock effort has consumed an alphabet soup of federal regulators and criminal investigators, with lawyers sleeping at open desks and each agency commandeering a different conference room at the firm’s offices. But as authorities...
--------“The Entire System Has Been Utterly Destroyed By The MF Global Collapse” – Ann Barnhardt
-----------MF Said to Have Shifted Hundreds of Millions
---------------Once Hailed For Financial Prowess, Corzine Takes Steep Fall After MF Global Bankruptcy

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Turkey On Brink Of Open Confrontation With Syria

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Jim Rogers On Why There Is No Way To Stop Global Meltdown
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Video: Are those UFOs over Seattle? - Seattle Post Intelligencer (blog

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The “Immortals” Movie: War of the Gods – Preparation for Antichrist
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Justice Breyer Warns Of Orwellian Government
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Overruled: Government Invasion of your Parental Rights (Official Movie)

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Top Russian general: NATO expansion raises danger of nuclear conflict


Russia is facing a heightened risk of being drawn into conflicts at its borders that have the potential of turning nuclear, the nation's top military officer said Thursday. Gen. Nikolai Makarov, chief of the General Staff of the Russian armed forces, cautioned over NATO's expansion eastward and warned that the risks of Russia being pulled into local conflicts have "risen sharply." Makarov added, according to Russian news agencies, that "under certain conditions local and regional conflicts may develop into a full-scale war involving...
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Russian military has 'no one left to draft'
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Asian powers spurn German debt on EMU chaos


Andrew Roberts, rates chief at Royal Bank of Scotland, said Asia's exodus marks a dangerous inflexion point in the unfolding drama. "Japanese and Asian investors are for the first time looking at the euro project and saying `I don't like what I see at all' and fleeing the whole region. "The question on everybody's mind in the debt markets is whether it is time to get out Germany. The European Central Bank has a €2 trillion balance sheet and if the eurozone slides into the abyss, Germany is going to be left holding the baby. We are very close to the point...
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Spain pushed to frontline of euro crisis
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Fitch: Italy 'already in recession'

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German memo shows secret slide towards a super-state


The six-page memo, by the German foreign office, argues that Europe’s economic powerhouses should be able to intervene in how beleaguered eurozone countries are run. The confidential blueprint sets out Germany’s plan to tackle the eurozone debt crisis by creating a “stability union” that will be “immediately followed by moves “on the way towards a political union”. It will prompt fears that Germany’s euro crisis plans could result in a European super-state with spending and tax plans set in Brussels. The proposals urge that the...
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Sessions Demands Written Testimony from Holder on Kagan and Obamacare

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