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Right now China is, without a doubt, The Big Question!

Big Al
August 3, 2015

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In our opinions, the economic aspects of the world are “hanging by a thread”. We also agree with Chris Temple that the next shoe to drop could very well be weak numbers coming out of China.

Discussion
79 Comments
    LPG
    Aug 03, 2015 03:31 AM

    Talking about President Carter, here’s Zerohedge today:

    Jimmy Carter Rages At What The U.S. Has Become: “Just An Oligarchy With Unlimited Political Bribery”
    http://www.zerohedge.com/news/2015-08-03/jimmy-carter-rages-what-us-has-become-just-oligarchy-unlimited-political-bribery

    Best to all,

    LPG

      Aug 03, 2015 03:38 AM

      Carter was one of the more honest and decent men to be president who, as I said, does not deserve the bum rap he was saddled with by the Rockefeller Republicans/Keynesians in the Nixon Administration (and the later Reagan Administration.)

        Aug 03, 2015 03:05 AM

        ditto

        Aug 03, 2015 03:23 PM

        Agree 100%. Not many people have this opinion.

        Aug 03, 2015 03:33 PM

        My parents, staunch Republicans, say this too. However, they said that he didn’t accomplish much as President. Afterwards, he has done great things.

        GH
        Aug 03, 2015 03:04 PM

        I agree about the seeming decency. But he too was surrounded by Rockefeller/Trilateral men in his admin, no?

          Aug 03, 2015 03:35 PM

          Exactly ! Chris sometimes play’s a Good Al ok BOY ! JIMMY is a Knight OF Malta !

          Aug 03, 2015 03:10 PM

          Yes GH, Carter may have been a decent man, but his cabinet and administration was just a much a crony network of brotherhood members from the Rockefeller organizations that would be the Trilateral Commission and Council on Foreign Relations political clubs.

          Zbigniew Brzezinski (Carter’s National Security Adviser) – was just as corrupt as a George Soros or David Rockefeller, and his crew liked to drum up tensions with communist countries like Russia and now China. Brzezinski was very active in Obama’s administration as well and what do you know, after decades of friendship with the Russians, right when Big O comes in, we start getting tensions with Russia and China……what an expected outcome with these kinds of characters pulling the strings.
          ___________________________________________

          Zbigniew Kazimierz Brzezinski (born March 28, 1928) is an American political scientist, geostrategist, and statesman who served as a counselor to Lyndon B. Johnson from 1966–1968 and held the position of United States National Security Advisor to President Jimmy Carter from 1977 to 1981.

            Aug 03, 2015 03:13 PM

            Zbigniew Brzezinski is one of the puppet masters….

            Obama Is Zbigniew Brzezinski Puppet
            Commentary
            By Webster Tarpley
            3-21-8

            Any lingering doubts about Obama’s status as an abject puppet of Zbigniew Brzezinski and the Rockefeller Trilateral Commission ended this morning when the withered mummy of imperialism himself appeared on MSNBC’s Morning Joe* to campaign for Obama, urged on by his own moronic daughter, Mika Brzezinski, an Obama groupie and sycophant.
            Zbigniew, a low-level Polish aristocrat whose life has been devoted to hatred for Russia, lauded Obama for his 2002 speech opposing the Iraq war, saying that he himself was the source of Obama’s arguments back then – thus confirming Obama’s long-term status as his puppet, which probably began in 1981-1983, when Obama was a student at Columbia University, and Zbig was directing the anti-Russian institute.

            http://www.rense.com/general81/abig.htm

            Aug 03, 2015 03:14 PM

            Spend some time and understand the parallels between the Carter administration and Obama administration, and you’ll hate big government even more than you do now….

            https://www.google.com/?gws_rd=ssl#q=zbigniew+brzezinski

            Aug 03, 2015 03:16 PM

            Brzezinski is confirmed to be an Obama advisor:

            http://www.huffingtonpost.com/2008/02/12/obama-adviser-leads-deleg_n_861…

            From the History Commons:

            In an interview, Zbigniew Brzezinski, President Carter’s National Security Adviser, admits that it was US policy to support radical Islamists to undermine Russia. He admits that US covert action drew Russia into starting the Afghan war in 1979. Asked if he has regrets about this, he responds, “Regret what? That secret operation was an excellent idea. It had the effect of drawing the Russians into the Afghan trap and you want me to regret it? The day that the Soviets officially crossed the border,

            I wrote to President Carter: We now have the opportunity of giving to the USSR its Vietnam war.” Then he is asked if he regrets “having given arms and advice to future terrorists,” and he responds, “What is most important to the history of the world? The Taliban or the collapse of the Soviet empire? Some stirred-up Muslims or the liberation of Central Europe and the end of the Cold War?” The interviewer then says, “Islamic fundamentalism represents a world menace today.” But Brzezinski responds, “Nonsense! It is said that the West had a global policy in regard to Islam. That is stupid. There isn’t a global Islam….” [Le Nouvel Observateur (Paris), 1/15/1998]

            Aug 03, 2015 03:21 PM

            Will the AMERICAN people ever wake up……..good comments Shad………………ootb

            Aug 03, 2015 03:25 PM

            Thanks Frank From moscow…..people focus so much on the president or other such figure heads, that they miss the point it is their administrations that do the dirty work.

            Look at who’s in their inner circle and cabinet, and see which clubs they belong to, and you’ll know their foreign policy. People always act so surprised when something like a Ukraine flare up happens, but many were calling an issue with Russia the minute Brzezinski took up the Obama torch and was influential in his rise to power. Not a surprise at all as this is the global monopoly game these guys play.

            Aug 03, 2015 03:35 PM

            One last post on Brzezinski, because I’m pissed he is still an influence in the world and maybe it will explain to some the actions of the current administration a little better:
            _______________________

            This is taken from his Wikipedia page:

            “Brzezinski had a hand in writing parts of Carter’s inaugural address, and this served his purpose of sending a positive message to Soviet dissidents.[23] The Soviet Union and Western European leaders both complained that this kind of rhetoric ran against the “code of détente” that Nixon and Kissinger had established.[24][25] Brzezinski ran up against members of his own Democratic Party who disagreed with this interpretation of détente, including Secretary of State Cyrus Vance. Vance argued for less emphasis on human rights in order to gain Soviet agreement to Strategic Arms Limitation Talks (SALT), whereas Brzezinski favored doing both at the same time. Brzezinski then ordered Radio Free Europe transmitters to increase the power and area of their broadcasts, a provocative reversal of Nixon-Kissinger policies.[26] West German chancellor Helmut Schmidt objected to Brzezinski’s agenda, even calling for the removal of Radio Free Europe from German soil.[27]

            The State Department was alarmed by Brzezinski’s support for East German dissidents and objected to his suggestion that Carter’s first overseas visit be to Poland. He visited Warsaw, met with Cardinal Stefan Wyszynski (against the objection of the U.S. Ambassador to Poland), recognizing the Roman Catholic Church as the legitimate opposition to communist rule in Poland.[28]

            By 1978, Brzezinski and Vance were more and more at odds over the direction of Carter’s foreign policy. Vance sought to continue the style of détente engineered by Nixon-Kissinger, with a focus on arms control. Brzezinski believed that détente emboldened the Soviets in Angola and the Middle East, and so he argued for increased military strength and an emphasis on human rights. Vance, the State Department, and the media criticized Brzezinski publicly as seeking to revive the Cold War.

            Brzezinski advised Carter in 1978 to engage the People’s Republic of China and traveled to Beijing to lay the groundwork for the normalization of relations between the two countries. This also resulted in the severing of ties with the United States’ longtime anti-Communist ally the Republic of China (Taiwan).
            For historical background on this period of history, see:

            Iranian Revolution; Soviet invasion of Afghanistan; and Solidarity.

            1979 saw two major strategically important events: the overthrow of U.S. ally the Shah of Iran, and the Soviet invasion of Afghanistan. The Iranian Revolution precipitated the Iran hostage crisis, which would last for the rest of Carter’s presidency. Brzezinski anticipated the Soviet invasion, and, with the support of Saudi Arabia, Pakistan, and the People’s Republic of China, he created a strategy to undermine the Soviet presence. Using this atmosphere of insecurity, Brzezinski led the United States toward a new arms buildup and the development of the Rapid Deployment Forces – policies that are both more generally associated with Reagan’s presidency now.

            Brzezinski, acting under a lame duck Carter presidency, but encouraged that Solidarity in Poland had vindicated his style of engagement with Eastern Europe, took a hard-line stance against what seemed like an imminent Soviet invasion of Poland. He even made a midnight phone call to Pope John Paul II – whose visit to Poland in 1979 had foreshadowed the emergence of Solidarity – warning him in advance. The U.S. stance was a significant change from previous reactions to Soviet repression in Hungary in 1956 and Czechoslovakia in 1968.”

          Aug 04, 2015 04:18 AM

          “The Trilateral Commission is intended to be the vehicle for multinational consolidation of the commercial and banking interests by seizing control of the political government of the United States… They will rule the future.” —Barry Goldwater, U.S. Senator, 1964

            Aug 04, 2015 04:30 AM

            Now that is has happened it is the new normal, and people are complacent as their country and rights have been stolen very openly by these clubs of politicians, bankers, heads of business, and media sellouts. What is amazing is how open the Council on Foreign Relations or the Trilateral Commission has been in their objectives, yet everyone just dismisses any real conversation as a conspiracy theory, or worse, acknowledges that its happening and just shrugs their shoulders.

            Aug 04, 2015 04:41 AM

            Then if you bring up Bohemian Grove or the Bilderberg Group people laugh you out of the room as a tinfoil hat person. Well they continue to meet each year to flush out directives for world policy and these groups are all intertwined. Yet for the next year all we will here is BS about the presidential election (as if they had anything to do with the people that really pull the strings)
            _______________________________________________________________
            Bilderberg Group:

            The group´s original goal of promoting Atlanticism has grown; In 2001, Denis Healey, a Bilderberg group founder and, a steering committee member for 30 years, said: “To say we were striving for a one-world government is exaggerated, but not wholly unfair. Those of us in Bilderberg felt we couldn’t go on forever fighting one another for nothing and killing people and rendering millions homeless. So we felt that a single community throughout the world would be a good thing.”
            _____________________________________

            Check out this link for a List of who’s been active in the Bilderberg Group, and ask yourself if the caliber of people on this list could maybe shake up a few things globally:

            https://en.wikipedia.org/wiki/List_of_Bilderberg_participants

            Aug 04, 2015 04:45 AM

            Yuuup! I don’t call the sheeple canonfoddershitforbrains for nothing!

            Aug 04, 2015 04:43 PM

            Ha! tragic comedy but true…..

            Aug 04, 2015 04:27 PM

            Oops, did I actually post that? 😉 😮

      CFS
      Aug 03, 2015 03:45 AM

      I don’t know why anyone should intelligently consider anything Jimmy Carter says.
      He was well intentioned, but an economoron. He knew little about how to run a country.
      I do happen to agree with him about political corruption, but that is primarily because politicians tend to be or frequent with attorneys; and attorneys as a group of people tend to be without a moral backbone and substantially ignorant in economics generally.

        Jay
        Aug 03, 2015 03:37 AM

        Well said!

        Aug 03, 2015 03:09 PM

        I have no use for Carter or any president for that matter, but he should not have been blamed for the Marxist actions of Nixon and the Fed.
        https://www.youtube.com/watch?v=iRzr1QU6K1o

          Aug 03, 2015 03:49 PM

          agreed.

        GH
        Aug 03, 2015 03:06 PM

        It was before my time. But it seems to me blaming the bad economy on Carter is about the same as crediting Bill Clinton with the strong economy he got to enjoy during his admin. I tend to blame the bad economy of the 70s on Johnson (war and welfare) and Nixon (closing the gold window).

          Aug 03, 2015 03:23 PM

          OIL put the hurts on Carter………BIG OIL……..plan and simple.

            Aug 03, 2015 03:50 PM

            Yep, that was a big factor FFM.

    CFS
    Aug 03, 2015 03:35 AM

    What about Greece?
    Stock market opened today…..immediately down 20%.

    There are always 3 ways to play any market.

    Long, Out, Short.

    I am a mixture of all of the above.

    I have been accumulating precious metal stocks with an emphasis on silver, because I believe that will produce the greatest reward.
    (That part of my portfolio is seriously in the hole, because I have not stop-loss protected it.)
    I have a chunk of cash with which I am slowly buying physical metal. Indeed, I have more metal than cash.

    Part of my portfolio is short. e.g. last week I bought some SDS ETF.
    I am about to short bonds.

    I am surprised that so many of the people in this forum think only long or out.
    In my experience, shorts often rise much faster than longs.
    that having been said, everyone should always remember most markets tend to go up long term and so being short is only a short-term strategy.

      Aug 03, 2015 03:53 PM

      Agreed on the bigger gains in shorting, but that those opportunities are also short-term strategies. I short the general markets often with SPXS, and TZA, and the PMs with DUST, JDST, and ZSL. Nothing wrong with understanding markets move in both directions, and if you believe it “definitely going down” then short it and take action.

    Aug 03, 2015 03:00 AM

    I completely agree with Mr T re Jimmy Carter. Decency tops the list. imo
    China will do fine…

      Aug 03, 2015 03:18 AM

      Jimmy Carter was an honest man. Nobody wants to vote for an honest man. We want to vote for the guy who feeds our fantasies.

      To call Carter an economoron is hardy fair. Reagan started the slide down the slippery slope of government spending far more than it could afford. Clinton, who actually had some education in economics and is a very bright guy, was the guy who stopped the head of the CFTC from regulating derivatives, killed Glass Stegal and basically set up the total disaster we have today.

      Bush was a moron who couldn’t walk and chew gum. I’m glad he’s back in Texas sucking on the bottle.

      Obama is running a Fascist oligarchy where 60 people are paying for the most expensive presidential election in history so they can put their sock puppet into power.

      I can’t think about anything Carter did that even starts to compare to what the clowns after him have pulled. His only problem was that he was honest and who wants that?

        CFS
        Aug 03, 2015 03:22 AM

        How about his handling of Iran?
        Remember the Embassy?

          Aug 03, 2015 03:21 PM

          Reagan and Bush were in contact with the Iranians and told them to not deal with Carter, they would get a better deal with Reagan.

          That’s called treason except at end of empire.

            Jay
            Aug 03, 2015 03:49 PM

            And George HW Bush flew in a SR-71 to Tehran to make a deal?

            Aug 03, 2015 03:27 PM

            Ditto Bob…………BIG OIL MONEY pushed the buttons………..

        CFS
        Aug 03, 2015 03:34 AM

        Mr. Moriarty, don’t get me wrong. I’m an equal opportunity offender.
        I consider most politicians scum.
        I consider all the Bushes including Jeb as incompetent crony pseudo-capitalists.
        I consider Carter as well-intentioned and honest, but an OK peanut farmer.
        Clinton as a socialist whose liberalism was ameliorated by power of Newt Gingerich and the Republican House. (Hillary is a joke of a corrupt human being)
        And if I said what I really thought of Obama, I would end up in an internment camp or be taken out by drone.

          Jay
          Aug 03, 2015 03:49 AM

          Reagan was the best president in every way. USA won the Cold War and he paved the way to Clinton prosperity boom years of late 90’s.

            CFS
            Aug 03, 2015 03:21 AM

            The Socialist Soviet Republic, died under the weight of its own bureaucracy. Reagan Did not win the cold war, simply the downfall of the US is happening more slowly, but it will die under the weight of its socialism.
            Reagan was right in cutting taxes……that is the ONLY way for growth.
            Reagan was ineffective in cutting spending and corruption.

            Aug 03, 2015 03:22 PM

            Reagan was the first president to spend more than all prior presidents PUT TOGETHER. He and his myth got away with it because he talked a good talk and had the good fortune of taking office after a commodities super cycle peak and technological advances. Both unleashed such disinflationary and even deflationary forces that he could spend all he wanted to without much in the way of near term consequences or voter detection.
            Reagan spent an unborn generation’s future. That generation is now 20 to 30 years old.

            Aug 03, 2015 03:33 PM

            If you steal your uncle’s platinum American Express card and go on a spending spree, you can have a wonderful time right up until the bills come due.

            Reagan got a lot of credit from the Right Wing but he was pretty useless as a president and literally marked the entry of government into every aspect of our lives. In the future, we will have a lot less government that we have today if for only the fact that we simply cannot afford the amount of government we have today.

            I believe the time of the nation-state has come to an end. Clearly big government is a total failure.

            Jay
            Aug 03, 2015 03:38 PM

            Yes, it seems so easy after the Cold War is over. I was in military – nuclear strategic force – during most of 1980’s and I can tell you that what Reagan has achieved is almost miraculous.

        Jay
        Aug 03, 2015 03:43 AM

        Thanks for the great comment. That is a very interesting perspective and it made me think.

        Aug 03, 2015 03:47 AM

        Well said, Bob

        Aug 03, 2015 03:06 AM

        Bob-
        As far as I know – and can tell – I COMPLETELY agree with your assessment of Jimmy Carter – theonly time he or his family made a headline is when his brother did something ‘wacko”..:)

          CFS
          Aug 03, 2015 03:38 AM

          SD Marc, Carter, in my opinion, was simply way out of his depth.
          He said in a state of the Union speech:
          “Government cannot eliminate poverty or provide a bountiful economy or reduce inflation or save our cities or cure illiteracy or provide energy. And government cannot mandate goodness. Only a true partnership between government and the people can ever hope to reach these goals.”

          Which, to me, shows he was not trying.

          The greatest thing Carter did was the Israel-Egypt peace accords, but he was ignorant of economics and apparently unable to find competent advice.

            Aug 03, 2015 03:47 PM

            CFS:

            It’s not the function of government to eliminate poverty or to provide a bountiful economy or to reduce inflation (that they created) or to save the cities or to cure illiteracy or to provide energy.

            It is only to get out of the way of their citizens so they can do all that. Government is never the solution, only the problem.

            CFS
            Aug 03, 2015 03:58 PM

            It may not be the purpose of government to eliminate poverty, to provide a bountiful economy, to reduce inflation, to save our cities, to cure illiteracy or provide energy…….
            BUT”
            They “control “the economy, or think they do.
            They try to control inflation………..creating trillions in debt to do so.
            We actually need government to police our cities.
            Illiterate parents tend to produce illiterate children, so should not society provide basic education?
            Government does indeed regulate most things at an increasing level, including energy.

            Limited control GOOD, Total control, BAD.

            GOVERNMENT is TOO BIG, TOO CONTROLLING.

            So expensive and controlling, it is destroying the country.

            Time for revolution.

            Aug 03, 2015 03:32 PM

            CFS:

            While I may agree with you in principal, Congress just passed an act that allows them to remove your passport just for saying what you said.

            We don’t really have to worry about big government. They will be manning the barricades once the paychecks stop. In Greece it’s the civil servants doing the riots. It will be the same here.

          Aug 03, 2015 03:29 PM

          Actually, that quote shows that he was more enlightened than I thought. Governments are good at making bad situations worse.

            Aug 03, 2015 03:35 PM

            Matthew: Actually governments are wonderful at making good situations worse. Everything they do they accomplish exactly the opposite.

            We need smaller unit of governments.

            Aug 03, 2015 03:46 PM

            I agree but no government at all would be best.

            Aug 03, 2015 03:50 PM

            Best for whom?

            Aug 03, 2015 03:19 PM

            Matthew agreed.

            Aug 03, 2015 03:28 PM

            Is there a precedent that you might refer to (SD Marc) that would illuminate how a system of no government would work? I mean one where there is the possibility of there being sufficient local resources that everyone could coexist without wars breaking out in every neighborhood once government was gone?

            You guys have kind of a fantasy really. An idea of zero tax and free-for-all idealism without restraint that cares nothing for the impacts on environmental degradation or the rights of others.

            Basically, your anarchist vision means a return to “the strong survive” and all others perish. But for whose benefit is that and secondly….are you really sure you will be amongst the winners in that game?

            Aug 03, 2015 03:35 PM

            ONE NATION UNDER GOD …..would be a start……do not steal, do not lie , do not covet ……that would eliminate 100% of the problems we have with the GOVT.
            They would not steal the money, they would not embellish the lie , and they would not be in DEBT., FOR it says go and owe no one…………..real simple………….

            Aug 03, 2015 03:02 PM

            Using their Hollywood, the elites have done a real number on people’s perceptions. Take the old west, for instance. For all practical purposes, there was no government or at least no government involvement in everyday life.
            Those who’ve been planning their global domination for a very long time couldn’t let the sheeple know how well things really worked without coercive thieves running things so they decide to wave their wands (made of holly wood) and make the truth go away.

            “Shootouts, bank robberies, highly-choreographed bar brawls—if we know anything about the frontier, it’s that it was one hell of a violent place.

            Or was it? Turns out the popular image of the Old West as a place where manly men solved their differences by shooting those differences in the face simply isn’t true. People were more likely to cooperate than fight—in a harsh and lawless world, it was better to side with your neighbor for mutual benefit than start shooting. Bank robberies, too, were virtually unheard of. One estimate places the number at about a dozen for the entire frontier period.

            Then you have the low-homicide rates. The highest annual body count Tombstone ever experienced? Five. From 1870 to 1885, Dodge City and Wichita had murder rates of 0.6 per year. However you cut it, daily cowboy life was nowhere near as violent as we think.”
            http://listverse.com/2013/02/18/9-crazy-truths-about-the-wild-west/

            Aug 03, 2015 03:05 PM

            Read “Anatomy Of The State” By Murray N. Rothbard
            https://www.mises.org/library/anatomy-state

            Aug 03, 2015 03:08 PM

            “Look at the entire world. Which countries contain the most peaceful, the most moral, and the happiest people? Those people are found in the countries where the law least interferes with private affairs; where government is least felt; where the individual has the greatest scope, and free opinion the greatest influence; where administrative powers are fewest and simplest; where taxes are lightest and most nearly equal, and popular discontent the least excited and the least justifiable; where individuals and groups most actively assume their responsibilities, and, consequently, where the morals of admittedly imperfect human beings are constantly improving; where trade, assemblies, and associations are the least restricted; where labor, capital, and populations suffer the fewest forced displacements; where mankind most nearly follows its own natural inclinations; where the inventions of men are most nearly in harmony with the laws of God; in short, the happiest, most moral, and most peaceful people are those who most nearly follow this principle: Although mankind is not perfect, still, all hope rests upon the free and voluntary actions of persons within the limits of right; law or force is to be used for nothing except the administration of universal justice. ”

            Read “The Law” by Frederic Bastiat
            http://bastiat.org/en/the_law.html

            Aug 03, 2015 03:16 PM

            Good point about the wild west not being nearly as violent as hollywood has made it, and that people were more likely to work together with their neighbors for survival.

            Also that was a good snippet from Frederic Bastiat. Very interesting perspective and I tend to agree.

            There are places in the world like Tibet that traditionally shunned all the government intervention and while some was present, they managed society with their particular spiritual and philosophical guidance, and while far from perfect, they didn’t devolve into anarchy. Look at some of the changes from Burma to Myanmar, where things got so ugly and violent with oppressive governments, that a new movement has developed where instead of Gross Domestic Product, they are now starting to measure and quantify their success as a nation with Gross National Happiness. It was scoffed at when introduced originally, but in the last 3-5 years their model has affected more and more of the policies and initiatives of the people and govenment.

            Gross National Happiness

            https://en.wikipedia.org/wiki/Gross_National_Happiness

            Aug 03, 2015 03:23 PM

            There is another interesting movement in South Africa called the Umbuntu party, were they are advocating for a new social makeup of “Contributionism” where everyone contributes their best gift and resources for set amounts of time and the communities are incredibly abundant, everyone is becoming much more prosperous, and they are taking back their communities from the clutches of the Banksters. Pretty interesting changes going on in the world where Big Government is not needed.
            ____________________________
            Umbuntu Liberation Movement:

            “The New UBUNTU Flags have arrived and are flying high in Waterval Boven and will be flying high all over South Africa for the 2016 Local Elections. FREE ELECTRICITY FOR ALL – this is the foundation of our community activation with a host of community projects, to create abundance for all our people in every town or village and eventually in all cities.

            We will be focusing on the 12 smallest municipalities with rivers, so that we can deliver on the free electricity with our access to advanced hydro-turbine technology is over 40 time as efficient as existing turbine tech. Every day more people all over South Africa are calling our office to join us and represent UBUNTU in their area.

            While we are struggling with admin and emails we expect this to ease as our new office manager and coordinator joins us at the beginning of August. We hope to inspire the smaller towns with a strong representation in the big cities like Soweto, Tembisa, Kagiso, Mamelodi and others. Since the UBUNTU Workshop in Soweto on Sunday 26th July, the the word has spread rapidly and seeds have been planted deeply in the hearts of South Africans.

            The rest is up to us all, to stand up against the abuse and exploitation of the corrupt government and the criminal activity of the SOUTH AFRICAN RESERVE BANK. We will take our country back, one town at a time and create a landslide of towns that move to the UBUNTU way of life – UTOPIA for all – the way we should live our lives – expressing our natural talents and gifts from the divine for the benefit of all those in our communities.”

            http://www.ubuntuparty.org.za/

            Aug 03, 2015 03:33 PM

            I just read this article where the Umbuntu party in South Africa is encouraging Greece to cut it’s ties with the banksters and start managing it own affairs in a new system of banking. It is a little over-the-top and utopian, but I like the general spirit of what they are advocating. It is just interesting that change is finally starting to turn over the old paradigm. I’ll attach the article below as it is at least an interesting occurrence in the world, and ties into the Greek effect and uprooting central banks.
            _______________________________

            Message to the people of Greece – From The UBUNTU Party
            You can be the inspiration that the rest of the world needs to follow you out of financial and economic slavery of the global banking elite.

            The UBUNTU Party recommends the steps below – which are the same steps presented in the manifesto we used in the South African and UK elections of 2014 and 2015.

            Restructure the entire banking system to serve the people, and not enslave the people.

            Establish a PEOPLE’S BANK that creates money for the people by the people, tax-free and interest-free, which will result in 100% employment and stop the financial enslavement. The new People’s Bank will provide funds for everything we need to do in our communities – this is how simple it is.

            Let our scientists and inventors deliver a renewable source of Free Energy to drive the nation and benefit the people.

            Support our traditional healers and research scientists in finding alternative cures for all diseases and prevent the drug cartels from hiding such cures from the people.

            Support our farmers at every level to grow organic food; ban all GMO seeds and giants like Monsanto; plant food gardens across the nation so that no one ever goes hungry again.

            Decentralize the government so that people can govern themselves in their own communities – taking care of their own needs immediately, supported by the new People’s Bank on every level.

            Restructure the judiciary and the legal system, to be written by the people for the people, unlike the unjust legal system we face in our courts today, which favours the rights of corporations above those of living breathing human beings.

            The UBUNTU Liberation Movement and the UBUNTU Party stands united with the people of Greece who want to free themselves from the financial enslavement of the global banking elite.

            http://www.ubuntuparty.org.za/2015/07/message-to-people-of-greece-from-ubuntu.html

            Aug 04, 2015 04:11 AM

            Good point and comment on the South African Umbunta Party……….I would say wake up GREECE time to KICK OUT THE BANKERS.

    Aug 03, 2015 03:13 AM

    MUCH SOOER than later…China is going to pick a time of their choosing and bring gold (silver) back into the monetary system -somehow/someway- and form an anchor for SOUND finances….thats pretty much it! Do you really think China cares about us and our worthless dollar – I dont think so…things are changing….but THEY ARE HIDING IN PLAIIN SIGHT.!! Think about that and then ask yourself what will be you next move???
    All the BEST!
    Marc

    CFS
    Aug 03, 2015 03:19 AM

    I admit it is two years since I was in China, so my knowledge is a bit dated.
    I admit that I really don’t like central planning necessarily as a way of developing a nation.
    However, I believe China was thinking in multi-decade terms for its development.
    And typical of central planning, simply made a mistake of not including ALL the variables in their planning considerations.
    They simply forgot to include pollution concerns.
    When they began to see brown skies over their cities, they had to decrease industrial growth and place pollution controls, which have slowed their consumer society growth.
    Despite their debt they are at least still growing at a reduced rate.
    This is much more than can be said for most of the rest of the Western world, in which a combination of high taxes and socialism has acted as a major drag on growth.

    Aug 03, 2015 03:20 AM

    SD Marc,
    Ditto

    Aug 03, 2015 03:42 AM

    The best way to know China is stay there for a period and talk to people not through western media. There is a strong agenda in the controlled media of the west.

    Aug 03, 2015 03:06 AM

    Hey Temp. I call it the BSLS!

    Aug 03, 2015 03:49 AM

    Good show Chris. I ma glad you mention the issue of heavy indebtedness amongst some of the large companies as well. It will take years to burn that off for those who survive and in the meanwhile performance will be hurt. So even though some look to be great buys at current low prices they are not all going to be star performers going forward. And some will just end up bankrupt.

    The thing is, that 7 years after the Global Financial Crisis there has not yet been an answer to falling and flat demand. At the same time, supply has been rising in the mine industry including that of gold and silver.

    And a situation like this where there is a growing mismatch between supply and demand during a time of a global slowdown the equation is going to get balanced on the supply side.

    That means mines will have to shut down to bring balance back before prices will positively respond to the reality on the ground. And thus I suspect a great many companies will simply be forced out of business or forced to layoff staff and mothball operations.

    The CRB has now broken down below its 2008 lows. That likely means it will not relent in its declines until we are all the way back to 2001 index prices. It should not be too hard to read the tea leaves based on that so anyone buying the lows had best be very judicious in their choices of companies to acquire.

    The real bloodbath is still coming and should take some years to play out as the industry shakeouts proceed step by step. Whether it is coal, oil, gold, copper, iron ore or whatever the resource….this is no time to be throwing darts and thinking every bargain will be a winner.

    Suddenly, debt matters again. And the growing mismatch between corporate assets and liabilities will expose the speculative nature of this past period of excess in these cyclic industries in a way that is going to be costly for those who don’t take the time to read a balance sheet before making their bets.

    Aug 03, 2015 03:05 PM

    alistener…. isn’t there a much larger debt in governments…??And if that is at all true..then wouldn’t most commodities increase in value…? Particularly with production decreasing?
    With Asia in ascendency and India growing at 8-9% per annum… and our North American infrastructure in pretty desperate need of renovation… not forgetting the Chinese building in Africa…

    Aug 03, 2015 03:35 PM

    Trump is leading all poles by a wide margin, he has changed the paradigm, and that is good because the old steady as she goes is terribly boring, repetitious and it doesn’t work anymore. DT

      Aug 03, 2015 03:11 PM

      It’s all for his good friend Hillary.

      Aug 04, 2015 04:13 AM

      CAN see Sing……….time for the same ole song and dance show to be over.

    Aug 04, 2015 04:43 AM

    Chris:
    The majority of your comments on previous presidents are not necessarily mainstream but that’s what makes it worth listening to. Many of the rebuttals to your thoughts expose personalities that should have listened to Mark Twain: “It’s better to be thought a fool than to open one’s mouth and remove all doubt.” Many, prove they read little and probably get the majority of their opinions from talk radio pundits, most of whom I doubt can read. Thanks for your time today.

      Aug 04, 2015 04:51 AM

      I think you might be forgetting that Carter was even unpopular with many Democrats during his time in office because they blamed him for the aftermath of the policies of prior administrations. Talk radio guys are only reinforcing some long-held beliefs.

    Tom
    Aug 04, 2015 04:56 AM

    AVXL!!! Had the benefit of getting in around $.65.