Harry Dent ~ Record DOW Is All Smoke And Mirrors - Why The Crash Is Coming In 2013

The FED has been artificially propping up the US economy since 2008, but this pattern is simply not sustainable. Our crushing debt burden and the approaching Demographic Cliff will wipe out millions in wealth and plunge the US into a depression needed to correct the overinflated markets. Our research shows the crash beginning in 2013 and seeing the DOW drop all the way to 3,300!

Harry Dent of HS Dent Investment Management explains why he predicts a market crash in the third quarter of the year and that the U.S. is headed towards bankruptcy. Stock Market.. an aging Bull Market? Real Estate Party Over? Invest In Gold? Europe Crash Impact? The Government Has To Fail... Survive and Prosper in 2013 with Harry Dent.

Harry S Dent is a financial newsletter writer and author , who is also the founder of HS Dent Investment Management, an investment firm based in Tampa, Florida. Mr. Dent's latest book is The Great Crash Ahead. Other books include The Great Depression Ahead and The Next Great Bubble Boom.

Irish Savers & Pensioners Have Just Been Cyprus'd!

Reggie Middleton published an Irish news story by Niall Brady that noted: "Pensioners who leave retirement funds in Irish banks have no protection from the deposit guarantee scheme that protects savers up to 100,000 Euro." Much of Middleton's story rehashes his previous reporting, which makes yesterday's article a bit confusing. Nevertheless, the IBRC precedent does indicate Irish pensioners should not rest easy.

Last February, the Irish Bank Resolution Corporation (IBRC; previously Anglo Irish Bank) was placed in "special liquidation" -- basically, setting up a "bad bank" structure to deal with bad loans. Liquidation hasn't been without controversy, as pensioners lost savings. Middleton didn't provide a full citation on the Niall Brady story (elevate your game, Reggie). But Ireland does appear to be moving in the direction of not backstopping pensions, as the IBRC example indicates. We'll keep an eye on this story. Meanwhile, we'll keep our original excerpt from Reggie Middleton's website as is — even with it's problematic chronological layout and self congratulatory tone, which gets in the way of actually understanding the story. There has been no Irish-wide reneging on pensions under 100,000 euros held at banks — at least, not yet. A casual reading of Middleton's write-up might lead to that mistaken interpretation.

Boston Marathon Bombing Update Alleged Bomber Dzhokhar Tsarnaev Reveals Details of Attack

4/23/13 - Dzhokhar Tsarnaev has apparently told authorities he and his brother had no direction from overseas.

GLENN BECK: BOSTON BOMBING A FALSE FLAG- EXPOSING Government COVER UP

GLENN BECK: BOSTON BOMBING A FALSE FLAG- EXPOSING Government COVER UP







Glenn Beck, a conservative media personality, has warned the U.S. government that it has until Monday to come clean about the Boston Marathon bombing cover-up.

What does Glenn Beck know that we don't regarding the Boston bombings?

According to Beck and published in BeforeIt'sNews.com, this could be the most important story that he has ever covered.

"What I know could make this the most important story of our lifetime," Beck said..

Beck said the government's response to the Boston Marathon bombing will determine if America lives, or America dies.

Beck indicated that there is crucial and significant information being withheld regarding an alleged "Saudi national" named Abdulrahman Ali Alharbi.

Ali Alharbi was immediately apprehended by local Boston police after the bombings, only to be released at the orders of Federal authorities before he was quietly and swiftly sent on a plane back to Saudi Arabia.

An important note here, according to BeiforeIt'sNews.com, is the term, 'Saudi national,' meaning Ali Alharbi holds a Saudi Arabian passport but there is no confirmation of him being a Saudi Arabian citizen.

This is often the case with covert operators in the field, some of whom hold up to five different passports and work for more than one intelligence agency.

Beck said on his radio show he has information that Ali Alharbi is a "bad, bad, bad man."

One interesting coincidence regarding Ali Alharbi: On the same day he was let go by local police in Boston, President Barack Obama broke itinerary for an emergency meeting in Washington with the Saudi Foreign Minister (to allegedly discuss the crisis in Syria), preceding the announcement of Alharbi's repatriation back to Saudi Arabia.

Hours after it was debunked, Glenn Beck continued to beat the drum of a conspiracy theory that the Obama administration is deporting a Saudi national who was behind the tragic bombings at the Boston marathon.

The conspiracy theory arose when Steve Emerson, a guest on Fox News' Hannity, accused the Department of Homeland Security (DHS) of preparing to deport a Saudi national "person of interest" in the bombings at the Boston marathon. Right-wing blogs like Glenn Beck's The Blaze, Breitbart.com, WND, and Infowars quickly latched on to the story, alleging President Obama wishes to cover up Saudi Arabian and Al Qaeda ties to the attack.


The myth pretends that a Saudi national who was hospitalized after sustaining injuries in the bombing -- initially reported to be a "person of interest," though he never was -- is the same man DHS is allegedly in the process of deporting for visa violations.

DHS soundly discredited the conspiracy theory this afternoon, explaining to CNN's Jake Tapper that the rumors are confusing two very different men.

Still, hours later, Beck continued to run with the debunked conspiracy on his television program, claiming his "sources" knew better (emphasis added): We at the Blaze know that this Saudi national is a bad, bad, bad man ... This administration is playing an extraordinarily dangerous game. They have very little regard for what it takes to be a citizen. Before the sequester cuts happened, they opened the prison and let illegals out. Who does that? Remember also, the Saudi national that was -- is about to get on a plane -- involved in blowing the legs off of American citizens, being held in protective custody or being protected, at least, by our administration. He will be put in protective custody and the plans are to deport him.

Jim Rogers : America will Default within thirty Years

Thirty years from now America will certainly have been through a period of default.  There’s more than one way to default, you can print money, pay people off, pay them off with worthless currency.  You have a default.

You’ve defaulted, but you’ve paid off the debts, but the people who receive that worthless money are not very happy.  And that’s going to happen in the US.  You’re going to see institutions that we’ve known in the US for decades are going to disappear, or totally turned over.

Lehman Brothers had been around for 150 years.  Bear Stearns had been around 80 odd years, or something.  You’re going to see more of that.  You’re going to see more universities disappearing.  Some of the Ivy League schools are essentially bankrupt, or we’ll find out that they’re bankrupt.  So you’re going to have huge, huge turmoil, many museums, hospitals, art galleries, many things that we’ve known and loved, are going to be in serious trouble, disappear, and in the meantime you’ll have new companies, institutions rise.