America will face Riots, Marches, and Revolution

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Dem Supporter Unleashes Violent Profanity-Laced Tirade on GOP Crowd

• Posted on November 2, 2010 at 2:00pm by Jonathon M. Seidl

Unbelievable video has surfaced from Virginia’s 5th district, where a supporter of Rep. Tom Perriello (D) went on a rampage against supporters of Republican Robert Hurt.

In the video, the man can be seen ripping up signs and verbally assaulting a group of people assembled not far from Perriello’s headquarters. He especially hones in on a black female Hurt supporter, who he calls a “sellout” and a “f****** black b****“ and asks how she can associate with ”racist-a** white people.“ He then goes on to call the group and the woman the ”N” word.

The profanity and rage are remarkable. And according to the video’s narrator, police nearby did not intervene.

Again, GRAPHIC CONTENT WARNING:



Editor’s note: This story has been updated with additional content.

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Glenn Beck talking about food shortages, food inflation, and Dollar inflation

Glenn Beck-11/04/10-A



Glenn Beck-11/04/10-B


Glenn Beck-11/04/10-C

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Americans On Foodstamps Hits New Record In August, Increase By Over Half A Million To 42.4 Million, 17% Increase Year Over Year

Submitted by Tyler Durden on 11/05/2010 08:51 -0500

Another highlight you may not hear in the President's address from this morning: according to the last Department of Agriculture update, Americans on foodstamps has increased by over half a million in August, hitting a fresh all time high of 42.4 million people relying on the government for basis sustenance. At least now we know where that labor force is going. The August number is a 17% rise from the same time a year ago. That number is up 58.5% from August 2007, before the recession began.
As the WSJ reports:

By population, Washington, D.C. had the largest share of residents receiving food stamps: More than a fifth, 21.1%, of its residents collected assistance in August. Washington was followed by Mississippi, where 20.1% of residents received food stamps, and Tennessee, where 20% tapped into the government nutrition program.

Idaho posted the largest jump in recipients in the past year. The number of people receiving food stamps climbed 38.8% but their rolls are still fairly low. Just 211,883 Idaho residents collected food stamps in August.

The average benefit size per person nationwide in August was $133.90. Per household it was $287.82.

Food stamps have become a lifeline for workers who have lost their jobs, particularly among the growing share of unemployed Americans who have also exhausted their unemployment benefits. Lines at grocers at midnight on the first of the month have signaled that, in many cases, those benefits aren’t tiding families over and they run out before their next check kicks in.

Even during the summer children returned to schools to take advantage of free lunch programs where they were available. Nearly 195 million lunches were dished out in August and 58.9% of them were free. Another 8.4% were available at reduced prices. That number will surge when the fall data are released because children will be back in school. Last September, for example, more than 590 million lunches were served, nearly 64% of which were free or reduced price.

Children whose families have incomes at or below 130% of the poverty level — $28,665 for a family of four — can access free meals. Those families earning between 130% and 185% of the poverty level — $40,793 for a four-person family — are eligible for reduced-price meals that can’t cost more than 40 cents.

We also fail to see just what Fed-induced wealth effect these 42.4 million Americans will receive courtesy of the Fed's generosity targetting Wall Street, corporate insiders, and nobody else.
h/t Papaswamp

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A loaf of wheat bread may soon cost $23 due to skyrocketing food price inflation

Saturday, November 06, 2010
by Mike Adams, the Health Ranger

Within a decade, a loaf of wheat bread may cost $23 in a grocery store in the United States, and a 32-oz package of sugar might run $62. A 64-oz container of Minute Maid Orange Juice, meanwhile, could set you back $45.71. This is all according to a new report released Friday by the National Inflation Association which warns consumers about the coming wave of food price inflation that's about to strike the western world.

Authored by Gerard Adams (no relation to myself, Mike Adams), this report makes the connection between the Fed's runaway money creation policy ("quantitative easing") and food price inflation. (http://inflation.us/foodpriceprojec...)

"For every economic problem the U.S. government tries to solve, it always creates two or three much larger catastrophes in the process," said Adams. "Just like we predicted this past December, the U.S. dollar index bounced in early 2010 and has been in free-fall ever since. Bernanke's QE2 will likely accelerate this free-fall into a complete U.S. dollar rout."

The upshot of a falling dollar will mean rampant price inflation on the basic goods and services that Americans depend on to survive. Food in particular is likely to be hit hard by price inflation within the decade.

The National Inflation Association has released its food price projections and are not to smile at while drinking.

It offers statements like this: "NIA is confident that the upcoming monetization of our debt will send nearly all agricultural commodities soaring to new all time inflation adjusted highs."

The Federal Reserve, of course, is currently engaged in the most massive money counterfeiting operation the world has ever witnessed. And it seems determined to keep printing money until all the dollars the rest of us hold are near-worthless.

Even the UN sees rising food prices

It's not just the NIA that sees a future with much higher food prices, by the way: Both the Organization for Economic Co-operation and Development as well as the U.N. Food and Agriculture Organization also predict rising food prices (although not to the same prices as the NIA).

This is based on the trend of rising energy prices which directly translate into higher costs for farming, harvesting, transporting and processing foods.

The UK Guardian newspaper is also reporting on "soaring food prices" due to fast-rising commodity costs: http://www.guardian.co.uk/business/...

I also predicted "food disruptions".
(Many of those predictions have already come true, by the way!)

Make no mistake: Food prices are on the rise. And with the Fed watering down the dollar thanks to its insane money counterfeiting policies, the U.S. is headed into a price inflation / dollar deflation scenario that mean you will have to spent a lot more dollars to buy the same food in 2015 as you did in 2010. (If the dollar even exists in 2015, that is...)

What does this all mean to you and me? As the spring comes back in a few months, it might be a good time to start thinking about growing a little garden for yourself. We'll be covering this story in much more detail in the spring, including details on where to get heirloom seeds, how to practice "preparedness" gardening (or "gardening when it counts") and other similar topics.

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November 5, 2010
Beck: Coming Insurrection

If everything you knew suddenly changed, what would you do?

[Malsua]

I wish there were the rest of the Beck program. that's only the first 18 minutes.

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I wish there were the rest of the Beck program. that's only the first 18 minutes.

I posted the rest of the show here.

[Malsua]

Odd, how did I miss that. Hmm. Well, I'll watch it today if I get a moment.

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Glenn Beck-Food Prices Will Rise 700% to 1000% or more in 2011

I posted the rest of the show here.

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China Downgrades US Credit Rating

Tuesday, November 09, 2010 10:08:03 AM

(CH) Chinese rating agency Dagong Global Credit downgrades US credit rating due to QE program (update) - Chinese press
- Cut long term US sovereign rating one notch to A+ from AA, with a negative outlook.

- "The serious defects in the U.S. economy will lead to long-term recession and fundamentally lower the national solvency. The credit crisis is far from over in the United States and the U.S. economy will be in a long-term recession." Weaker dollar will hurt US ability to attract dollar capital reflow. "In essence, the U.S. government's move to devalue the dollar indicates its solvency is on the brink of collapse"

- NOTE: Dagong cut the US sovereign rating from AAA in July 2010

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Gold Trades North Of $1,420 After China's PBOC Advisor Li Says "Absurd" Dollar Is Reserve Currency

Submitted by Tyler Durden on 11/09/2010 08:11 -0500

• Ben Bernanke
• European Central Bank
• Financial Regulation
• High Yield
• Precious Metals
• Reserve Currency

Precious metals have now entered their parabolic phase.

The latest catalyst for gold having traded north of $1,420 is not only the ongoing collapse of Europe via surging spreads and accelerating ECB bond monetization, which in tried and true bizarro fashion have lead to a more than 100 pip move higher in the EURUSD, but the latest speech by PBOC academic advisor Li Daokui, who said that it is "absurd" that the dollar is still the reserve currency of the world.

We are confident that pretty much everyone in China agrees.

The likelihood that China is about to do something big in FX land was also confirmed by the biggest move higher in the CNY which rose by 0.51%, the most since the revaluation period, and also by the high yield in the one week auction, which has led some to believe that China may be willing to hike rates once again, and further weaken the dollar peg.From Bloomberg:

Li Daokui, an academic adviser to China’s central bank, said it could be seen as “absurd” that the dollar remains a reserve currency after the financial crisis.

To a visitor from outer space, it would seem “absurd” that the dollar holds that role, given problems in U.S. financial regulation and the country’s economic difficulties, Li said at a forum in Beijing. The same assessment could be made of the nation’s ability to keep issuing currency according to its own needs, he said.

To a visitor from outer space, it would be more absurd that after precipitating the biggest Depression in history Bernanke is still in charge of the world.

[Ryan Ruck]

Gold Trades North Of $1,420...

Oil is flirting with $90/bbl.

[American Patriot]

god.

[samizdat]

Again, bigger this time silver dropped 3 bucks an ounce. In 1 hour. (mas o menos)

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‘Puppet Master’ Soros Has ‘Fun’ Subversively & Adversely Affecting Societies; Lays Out His Plan To Destroy America







Posted the rest of the show here.

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Tuesday, November 9, 2010

US Military Running War Games Based On Economic/Dollar Collapse Scenario

James Rickards is Senior Managing Director for Market Intelligence at Omnis Inc. He has also served as a consultant to the various branches of the US Military, focusing on financial threats to national security.

In this interview with King World News, he discusses recent US Militrary war games exercises based on global economic collapse and civil disorder, as well as World Bank President Robert Zoellick's recent comments on a gold standard, Fed QE2, the IMF and G20, the ongoing currency war, and recent gold market activity.

Keep in mind that the US Military always prepares for possible threats.

These war games have been named: "Unified Quest 2011." I don't want to be an alarmist, and I don't think we're facing anything like that anytime soon, but it's always best to prepare.

Link to the interview HERE.

[Ryan Ruck]

Went shopping last night at Sam's Club again and noticed more price increases...

24-pack of Lo-Carb Monster Energy Drink has gone from about ~$25 to ~$29. Big box of POM brand toilet paper which used to be ~$15 is now ~$18.

These prices on each item might not seem like a huge deal individually but when you go in and buy 30 items and even half of them have increased in price $2-$4, you are taking about quite a jump in your checkout price.

By the way, these prices are price jumps I've seen in the last ~2-3 years. Before that, prices had been fairly stable.

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Despite low inflation, food prices are on track to be higher in 2011

By Jerry Lackey

San Angelo Standard Times

Posted October 27, 2010 at 11:26 a.m., updated October 27, 2010 at 6:56 p.m.

SAN ANGELO, Texas — Because of the big rally in farm commodity prices that began in midsummer, consumers can pretty much expect a jump in food prices next year, according Brad Ephraim Leibtag, an economist with the U.S. Department of Agriculture. The USDA’s monthly food price inflation forecast released earlier this week shows a 0.5 to 1.5 percent increase for 2010.

However, food prices are expected to increase at the more typical rate of 2 percent to 3 percent in 2011, Leibtag said.

“Higher corn and wheat prices increase the odds that food prices next year will be at the high end of the forecast range,” he said.

When 2010 ends, the Consumer Price Index for all food is projected to increase 0.5 to 1.5 percent, the lowest annual food inflation rate since 1992.

Food-at-home (grocery store) prices are also forecast to increase 0.5 to 1.5 percent, while food away from home (restaurant) prices are forecast to increase 1 to 2 percent.

The all-food CPI increased 1.8 percent between 2008 and 2009. Food prices increased by 0.5 percent — the lowest annual increase since 1967 with dairy prices declining 6.4 percent and fresh produce prices dropping 4.6 percent. Restaurant prices rose 3.5 percent in 2009.

“Although inflation has been relatively weak for most of 2009 and 2010 higher food commodity and energy prices are now exerting pressure on wholesale and retail food prices. Hence, food inflation is predicted to accelerate during the final months of 2010 and the first half of 2011, leading to a forecast of 2 to 3 percent food price inflation in 2011,” Leibtag said.

Red meat prices into 2011, supported by lower supplies and export momentum, will have an impact at meat counters, according to the USDA. Steer and heifer and cow slaughter rates continue at or ahead and rates last year, but lower dressed weights have yielded lower beef production. Prices continue to show strength.

At San Angelo’s Producers Livestock Auction, Texas’ largest cattle market, calves and yearlings sold fully $3 to $5 higher this week. Slaughter cows sold firm to $1 higher.

Beef imports for 2010 are forecast at 2.54 billion pounds and with tighter beef supplies in 2011 are forecast to increase 8 percent to 2.75 billion pounds.

In the meantime, beef prices increased 0.3 percent in September and are 5.7 percent above last September, with steak prices up 4.8 percent and ground beef prices up 5.1 percent.

The latest Texas Farm Bureau Grocery Price Watch showed a higher demand for the pricier cuts of meat. The average cost of a pound of Porterhouse steak was up 80 cents to $9.06 in the second quarter of this year, but dropped to $8.56 in the third quarter. Lean ground beef rose from $2.63 a pound in the first quarter to $2.92 in the second quarter and fell to $2.79 in the third quarter.

Pork prices increased 1.5 percent in September and are 10 percent above last September’s level. Poultry prices increased 1 percent in September and are 1.4 percent above prices last year at this time.

“For most of 2009, retail meat prices were lower than the previous year due to weak demand stemming from the global recession,” Leibtag said.

“However, as the overall economy began to recover from the recession, beef and pork commodity prices rose, and retail meat prices are now higher than in 2009. Increased inflation for beef and pork products is expected in the final months of 2010, as reflected in Economic Research Service’s updated forecasts. Beef prices are now projected to increase 2.5 to 3.5 percent and pork prices 4.5 to 5.5 percent.”

Egg prices are 11.3 percent above a year ago and dairy prices climbed 2.9 percent from last year.

The USDA report shows fresh fruit prices increased with a seasonal 2.2 percent in September due to increases in banana, citrus, and other fresh fruit prices. The fresh vegetable index increased 0.8 percent in the third quarter due to increases in tomato and other fresh vegetable prices.

Since last year at this time, fresh vegetable prices are up 4.3 percent, with potato prices down 0.5 percent, lettuce prices up 1.2 percent, tomato prices up 7.6 and other fresh vegetable prices up 5.8 percent.

“Texas families certainly have felt financial strain during this difficult economy,” said Texas Farm Bureau President Kenneth Dierschke.

“Considering all that farmers and ranchers do to provide Americans with safe, abundant and affordable food, it’s truly remarkable that the price of food only increased by a fraction.”

Who couldn’t agree with that?

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U.S. Military War Gaming for Large Scale Economic Breakdown and Civil Unrest

Politics / US Politics Nov 22, 2010 - 02:04 PM By: Mac_Slavo

The majority of Americans believe that recent government intervention into financial markets, the economy and corporate insolvency has reversed the economic downturn which was described by former Treasury Secretary Hank Paulson as being “on the brink” in 2008.

The stimulus, bailouts and unrelenting quantitative easing by the Federal Reserve have thus far been perceived as having averted the further erosion of the U.S. real estate and equities markets. And though the Federal Reserve and economic analysts have recently readjusted their economic growth forecasts downward for the next six months, Americans no longer have to worry about, as Rep. Brad Sherman (D-CA) said on the house floor in October of 2008, the sky falling, multi-thousand point drops in stock markets and martial law in America.

The recovery - if our government, the Federal Reserve and mainstream media are to be believed - is on the road to recovery - albeit slowly and with some more pain ahead.

If we’ve “prevented economic collapse” and “avoided the depression many feared,” according to President Obama, inquiring minds are asking why the Pentagon and US Military are actively and aggressively engaged in planning responsive action to large scale economic breakdown and civil unrest scenarios:

Ever since the crash of 2008 the defense intelligence establishment has really been paying a lot of attention to global markets and how they can serve as a threat to U.S. national security interests. At one upcoming seminar next month they’re taking a look at a lot of the issues.
source: see CNBC video report below

According to the report, the Army has spent time on financial market trading floors with JP Morgan and others, in the hopes that they can learn more about how a financial and economic attack may occur, and what the ramifications of such attacks on US stocks and bonds may be.

The Army, in a year-long war games series called Unified Quest 2011, is looking at a variety of possibilities and how to deal with them, including:

• the implications of “large scale economic breakdown” inside of the United States
• how to maintain “domestic order amid civil unrest”
• and ways to deal with fragmented global power and drastically lower budgets

Clearly, the U.S. government is making contingency plans to deal with a worst-case, all-out-collapse scenario of not only the economy, but our social and political systems.

The war gaming, according to reports, began in 2008 at the onset of the economic crisis, but planners from not just the United States, but around the globe, may have been aware of the dire possibility of economic collapse even earlier.

It’s well known that the U.S. government as well as foreign counterparts have been preparing bunkers and continuity of government for decades, but recent preparedness activities suggest that the planning in some aspects has been expedited.

Anecdotal evidence indicates that the US government has been the leading buyer of freeze died foods for the last couple of years, and private emergency shelter contractors have reported a shortage in equipment and supplies for building personal-sized bunkers.

In a previous report titled Homeland Security To “Regionalize” Emergency Supplies Over Next 90 Days, we pointed out that FEMA, headed by Department of Homeland Security, is decentralizing emergency supplies from one main distribution facility in Washington D.C. to fifteen regional facilities around the country.

Even the Russians and the EU are in high gear. Russia has reportedly begun planning and development of 5,000 new underground bunkers for the city of Moscow scheduled for completion no later than 2012.

The EU, in 2006, commissioned the building of a “Doomsday Seed Vault” in a mountainside several hundred miles above sea level. The facility was built and fully stocked with millions of seeds from around the world within 18 months.

Though the activities of global governments in recent years could potentially be chalked up to standard national security preparedness and contingency planning, the most alarming indicator that the U.S. government is not just looking at one-in-a-million possibilities in terms of economic collapse is the training of several thousand U.S. Army soldiers to respond to domestic policing and enforcement issues that may include evacuation, detainment and riot response.

The real possibility of the need to deploy U.S. military under martial law exists, and the U.S. government is spending millions of dollars training and equipping soldiers to do so if necessary.

For those who may have their doubts about some of the scenarios these soldiers are training for, we point out the sign being held by one of the riot role players below.

(Photo taken by U.S. Airforce Tech. Sgt. Brian E. Christiansen, North Carolina National Guard at Vigilant Guard training exercise Ft. Richardson, Alaska - April 2010)



More military training exercise pictures and descriptions

It is hard to imagine an America under an economic attack so serious that the U.S. economy could suffer a collapse that would essentially put an end to the world as we have come to know it. But for those who think rationally, especially given the current malaise in financial markets and the U.S. dollar, the possibility cannot be ruled out.

As such, any government acting in the interests of national security would take steps to deal with and respond to such an event(s).

For the average populace prole, however, there may not be any real assistance should something like this occur. First and foremost, any government response to an attack on our financial and economic systems will have the primary goal of maintaining order and the rule of law, as well as continuity of government. This is a given.

This means that if, for whatever reason, be it a collapse of the US dollar that leads to disruptions in the flow of U.S. food supplies or an economic war that goes “hot” leading to worst-case scenarios like cyber attacks on U.S. infrastructure elements like electric and water utility plants or an EMP attack, the government’s mandate will not be to provide food and security for your family, but rather, for those who are deemed essential to accomplishing the primary goals.

This means that when and/or if it hits the fan, you’re going to be on your own.

If you haven’t yet, we recommend taking the advice of FEMA (pdf), who suggest that every family have emergency preparedness supplies on hand, including food and water, for at least a couple of weeks.

For the hard core “preppers” amongst us, you may have already considered this possibility and the chance that the fallout from an economic collapse may lead to an inability to perform daily transactions with the U.S. dollar, food supply disruptions, violence and looting, and even a completely ‘down-grid’ where utilities are completely out of service. If you haven’t, what would you do if you awoke to news of a total meltdown in the US dollar - one that led to rejection of the US dollar as a currency for international settlement?

Will you be the one facing off against highly trained U.S. military personnel holding a “Food Now” sign at an inner city riot?

The U.S. government and many of their counterparts around the world are getting ready - just in case - maybe you should be too.

[American Patriot]

Metals, including gold, fall on worries over Korea


The Associated Press
Monday, Nov. 29, 2010 | 3:11 a.m.
Gold and other metals fell Friday on uncertainty over North Korean war threats and also worries that more European nations like Spain and Portugal could need a bailout in the coming weeks.


"Whenever there's unease, people take money off the table," said George Gero, vice president of Global Futures at RBC Capital Markets. "There's too much uncertainty -- the possibility of bailout discussions with Portugal and Korean saber rattling."


Gold for February delivery fell $10.70 to close at $1,364.30 an ounce, while March silver contracts fell 83 cents to close at $26.77 an ounce.


Also Friday, China increased margins for futures traders as part of a wider government crackdown on commodity speculation. The Chinese government is trying to slow down growth after inflation grew at the fastest rate since 2008.


China is the largest consumer of industrial metals.


Palladium for December delivery fell $18.90 to settle at $676.50 an ounce. January platinum fell $13.20 to close at $1,645.20 an ounce and copper for March delivery was flat at $3.76 a pound.


North Korea warned Friday that plans by South Korea and the U.S. to stage military maneuvers have put the Korean peninsula on the brink of war. North Korea fired artillery shells at a South Korean island on Tuesday, killing four people.


Meanwhile in Europe, even as the details of Ireland's bailout were still being worked out, the markets fretted over the likelihood that both Portugal and Spain would also need a bailout.


On Friday, Portugal adopted a host of austerity measures aimed at reducing debt and restoring confidence in the markets. Leaders from both Spain and Portugal have said they won't need a bailout. However the markets were less convinced.


The 16-nation euro slumped another 0.8 percent on the day to trade at $1.3231, slightly above its two-month low of $1.3199.


In agricultural commodities, wheat for March delivery rose 2 cents to $6.8725 a bushel; March corn fell .75 cent to $5.53 a bushel and January soybeans gained 16.5 cents to $12.38 cents a bushel.


Benchmark oil for January delivery fell 10 cents to settle at $83.76 a barrel on the New York Mercantile Exchange.


January heating oil slipped .8 cent to settle at $2.333 a gallon, while December gasoline gave up .33 cent to $2.2103 a gallon and natural gas gained 0.11 cent to $4.399 per 1,000 cubic feet.


Volumes in the U.S. markets were thin on Friday, one day after the markets were closed for the Thanksgiving holiday.


(This version CORRECTS 6th paragraph to correct contract months for palladium and platinum, 11th paragraph to correct wheat contract and price, 12th paragraph to correct that oil fell 10 cents)