Former Assistant Treasury Secretary Dr. Paul Craig Roberts says, “I think we have three of the biggest bubbles in history. The bond market, stock market and the U.S. dollar . . . and something is going to go.” Roberts thinks, “This is possibly one of the riskiest years in Western civilization.” When it comes to recent revelations about the extensive use of drones to kill terrorists, both foreign and domestic, Dr. Roberts says, “It’s not just unconstitutional, murder is illegal.” When it comes to drone strikes on U.S. citizens suspected of terror, everyone should be concerned. Roberts says, “Now, the principle is if the government says you are guilty, you are—period. No evidence is needed for your termination.” Join Greg Hunter as he goes One-on-One with Dr. Paul Craig Roberts.
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This Country is going down the tubes fast. Dictatorship is on it’s way to our fine Country and the Politicians aren’t doing a dammed thing about it. The Biggest Terrorist is Leading Our Country and his goal is the Downfall of Our Bill of Rights and Constitution. Makes Me Sick.
It’s like the gov. is in authoritarian overdrive to overload us with new laws, dictates… it’s crazy!
@Marchas45: You’re right! Something has to be done! You know, if I was 30, or 40 I would want to gather up every able-bodied lover of this country and take it back. However, I’m 70-something so I’ll stay at home waiting for them to come…and I’ll take as many of them with me as I can.
LMAO @Silverrrrr Hell I’m catching up to you I’m 67 but I can still shoot straight and still an expert marksman with various types of weapons and I can still teach, that will be my contribution.
I am disabled but they will face stiff resistance in my town, organizing can still be done even if you can’t do the physical stuff.
“However, I’m 70-something so I’ll stay at home waiting for them to come…and I’ll take as many of them with me as I can.”
According to Viking lore, warriors entering Valhalla are preceded by the lamenting enemies they have slain. They are not there to reside in honor and glory but to serve as slaves to the true warriors. Given that possibility, yes, having as large an entourage as possible will be beneficial. It will also give the other pond-scum members of whatever organization those fellows come from pause to consider the merits of their activities.
My Firefox said that SGT-Report is an attack page and didn’t want me to enter! What a bunch of BS! I can guess who is behind this!
My Chrome said the same thing. Opera browser did not detect any problems. I run the Avast! virus checker, ZoneAlarm, and Windows Defender. My PC is on a small home network, behind a router’s hardware firewall. I do a thorough virus sweep weekly. No problems to report. Makes me wonder WTH is going on with Chrome and FF that they are reporting this. Hmmm… computer virus false flag? It’s looking that way.
“One of the riskiest years in Western civilization..”, and many are BLIND, apathetic, self-centered.
The progression of laws within the past decade have warp driven the loss of individual liberty.
“They cannot bring the deficit into balance, because they have destroyed the tax base.”
It has been by design; it has been ‘their’ purpose all along. We all recognized this years ago.
Man are we in for a rough ride! Buckle up!
Hey Sheep Dog, nice to see you again. Peace and Aloha bro…
http://finance.fortune.cnn.com/2013/02/11/banks-bond-bubble/
How banks could get blown away by bond bubble
Stein sees some areas of concern. He thinks the high-yield bond market might be due for a pull back, and that some mortgage finance companies could be overstretched.
Stein says historically banks have tended to put their money in longer-term bonds, which have higher yields, when interest rates are low. And he sees some of that behavior today. The problem is longer-term bonds tend to lose the most when interest rates rise.
1% rise in interest rates could cause B of A to lose nearly $30 billion, or five times what JPMorgan lost on the recent London Whale debacle. That’s not enough to blow away the bank should the bond bubble burst – it has nearly $250 billion in capital – but it’s certainly enough to sting, a lot.
IMO, a sellout is coming very soon in the markets. As many have stated, watch the 10 year note. It can’t rise much more or major losses will happen very soon. The markets must sell off to drive money into the longer durations bonds to drive down the yields.
“The Constitution For Dummies” by Judge Andrew Napolitano” 2007
SAYS IT ALL RIGHT HERE!
From my viewpoint it’s the pinnacle of irony that these folks recite all the mumbo-jumbo of finance terminology to discuss the visible EFFECTS resulting from circulation of credit in place of money, yet dance around that fact in willful ignorance of it.
When banks commandeered the Clearing Mechanism supporting self-liquidating Real Bill credit conveyance through discount; entirely reverting the function exclusively BACK to its primative Loan at Interest model, THAT was the Grand Larceny by which the bankers began corrupting government, industry and The People themselves!
Regardless of how much ‘hot button’ rhetoric folks pour out in pandering our emotionally driven inclinations, if the end result is either to dissuade our thoughts from recognizing paper money’s deadly poisonous social and economic consequencer … or to outright excuse its perpetuation … we MUST resist falling for the ploy!
“All the perplexities, confusion and distress in America arise, not from defects in their Constitution or Confederation, not from want of honor or virtue, so much as from the downright ignorance of the nature of coin, credit and circulation.” –John Adams
It looks like we have some Senior Berserkers on SD. That the Norse uber warrior. Being a senior has some real advantages. We blend in. We’ve been around long enough to have some solid survival skills and, frankly, we are sneaky. We can get the best pain meds but can also endure pain. And overall, what we might lack in mobility and endurance is made up through our mental toughness and willingness to take the fight to the enemy if needed. If you live long enough you’ve won more than few battles.