Tuesday, April 2, 2013

Eddie Craig ~ Alex Jones Show: Tuesday (4-2-13)



On the Tuesday, April 2 edition of the Alex Jones Show, Alex breaks down the accelerating economic war waged by the banksters and the global elite against the American people and humanity at large. He takes a look at the growing bankruptcies of American cities that are struggling to remain viable under an ocean of red ink and pension obligations for an army of government bureaucrats. Alex also confronts a wave of gun laws proposed and enacted by enemies of the Constitution and the Bill of Rights.

American Economic Collapse, martial law and the coming fall of America

In 2012, 19% of federal spending went toward Defence Department, 22% to social security, 23% to medicare and medicaid. 17% of spending was "discretionary", of which majority went toward Health and Human services. 6% was for paying INTEREST on old debts. Federal budget deficit was about $1 Trillion, while defense spending was $670 Billion. So, if you cut all defense spending, you'd still be $330 Billion short. Soon China and India alone will own 65% of that GDP. By 2020 the west will be a 3rd world country. Get used to being poor because there's no fix for the GDP shift.

Bernanke : Cyprus like Bank Confiscation Unlikely In America

I think taking deposits must be the model for bailing out too big too fail banks. If Citibank fails this is how it will be contained. The FDIC can’t handle bank runs on the tbtf. I was wondering what the plan was. I knew there had to be one. Keep your money out of the tbtf banks. I’m sure I’m preaching to the choir here but maybe there are a few slackers here.Also with the changes to bankruptcy laws derivative holders have taken 1st lien position ahead of bond holders in cases of bankruptcy. Why do you think Merrill lynch moved their derivative exposure to the BAC side of Bank of America ? So when it goes down the derivative holders will be made whole from the citizens deposits and we the people will be paid back by the FDIC who has 9-13 cents per dollar they insure. You do the math

Press Conference with Chairman of the FOMC, Ben S. Bernanke : FOMC Press Conference: Ben Bernanke does not say bank or wealth confiscation, like we're seeing in Cyprus, would be impossible here in the U.S. But rather he says it would be extremely unlikely. My question is; Would it have been extremely unlikely for such a thing to happen in Cyprus a few years ago? "The U.S. will never, ever seize any American’s bank deposits under any scenario whatsoever … without exception. We respect the rule of law as the basis for our economy, and we will never do anything which interferes with private property rights." says Ben Bernanke

WW3 PREPARATION?!: Putin ORDERS Large scale MILITARY exercises in the Black Sea region!

WW3 PREPARATION?!: Putin ORDERS Large scale MILITARY exercises in the Black Sea region! President Vladimir Putin ordered the launch of military exercises in the Black Sea region on Thursday, his spokesperson said. Putin issued the order at 4:00am Moscow time (0000 GMT) as he flew back from an international summit in South Africa, the president's spokesperson Dmitry Peskov said The Kremlin says Russian President Vladimir Putin has ordered a surprise military exercise in the Black Sea. News agencies quote his spokesman Dmitry Peskov as saying Putin dispatched the order to the defence minister at 4 a.m. on Thursday. A Kremlin statement says the exercise would involve 36 vessels, an unspecified number of airplanes and up to 7,000 troops. Peskov insisted that manoeuvrs involving fewer than 7,000 troops do not require approval from Russia's neighbours. Vessels taking part in the exercise have already left Russia-leased Sevastopol port in Ukraine's Crimea peninsula, Peskov said. Russia's naval affairs are under scrutiny due to the civil war in ally Syria. Russia risks losing access to its naval base in Syria's Tartus port on the Mediterranean Sea if the Syrian regime is toppled. President Vladimir Putin ordered the launch of large-scale Russian military exercises in the Black Sea region on Thursday, his spokesman said, in a move that may create tensions with Russia's post-Soviet neighbours Ukraine and Georgia. Putin issued the order to start the previously unannounced manoeuvres at 4 a.m. Moscow time (0400 GMT) as he flew back from an international summit in South Africa, his spokesman, Dmitry Peskov, told reporters by telephone. "These are large-scale unannounced test exercises," Peskov said, adding that 36 warships and an unspecified number of warplanes would take part. "The main goal is to check the readiness and cohesion of the various units." He did not say how long the exercises would last. Putin has stressed the importance of a strong and agile military since he returned to the presidency last May after four years as prime minister. In 13 years in power, he has often cited external threats when talking of the need for unity in Russia. Russia's Black Sea fleet, whose main base is in the Ukrainian port of Sevastopol, was instrumental in a war with Georgia in 2008 over the Russian-backed breakaway Georgian regions of South Ossetia and Abkhazia. Disputes with Kiev over Moscow's continued lease of the Black Sea navy base have been a thorn in relations with its former Soviet neighbour. Peskov said that Russia is under no obligation to warn neighbours ahead of time of plans to hold the air and sea military exercises as long as fewer than 7,000 servicemen participated in the manoeuvres.

The EU Banking Crisis Spreading Worldwide

The EU Banking Crisis Contagion is Spreading

All “debts” should be ruled illegal and null en void. “Uncontrolled, unbridled usury creates an insurmountable web-of-debt and debt slaves whose assets have been stripped and robbed by the Banksters who hold the paper. All the massive debt the USG and other governments in the Banksters web-of-debt are of course imaginary and must be cancelled immediately. It is absolute complete fraud to create money from nothing and lend it to the people at interest who are supposed to own in themselves in the first place.” Go Cyprus!!! go Iceland!!!! Take the fake banker debt and stuff it.