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Weekend Special #2: America’s “Money Man” Jordan Goodman says that “North Korean Crisis to Affect our Wallets”

Big Al
August 12, 2017

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Discussion
26 Comments
    Aug 12, 2017 12:09 AM

    What – a surgical removal – like in Iraq 14 years ago where war still continues?

      Aug 12, 2017 12:01 AM

      Silverbug Dave:

      Don’t be absurd. It would be a precision surgical strike like we did on Afghanistan 16 years ago.

        Aug 12, 2017 12:20 PM

        Robert and Silverbug Dave, you both make really good points! (Sad to say!)

          Aug 12, 2017 12:22 PM

          I do have one question for both of you: ” What action, if any, should the U.S. take? Perhaps Mr. Celente makes a very good point?)

          Please opinine this.

            Aug 12, 2017 12:27 PM

            Big Al, your question comes about 65 years too late. The US never wanted to negotiate a peace, so what does it matter. DT

            Aug 12, 2017 12:23 PM

            I’d blockade the peninsula with US Navy anti-missile ships and tell them “you now have permanent counterfire/intercept duty and exercises”. The Navy ships on the West side might have some skirmishes with China, so they would need additional Marine billets.

            Aug 12, 2017 12:42 PM

            Under George Bush, the US reneged on an agreement to provide a power plant for NK. So NK doesn’t trust anything the US says. You never hear this mentioned in the totally controlled US media.

            When dealing with the US, being armed with nuclear weapons makes all the sense in the world. Look at what happened to Libya and Iraq who were not armed.

            The US needs to reduce military spending by 75% and stop being policeman to the world. In case no one has noticed, the US lost every single war we have fought since 1945 and we started 81% of all of those wars. You not only can lose a war from a military point of view but from a perception point of view.

            The US is utterly out of control due to the CMIC and it will end in revolution/civil war as well as a great depression. Wars must be paid for in dollars as well as blood.

            Aug 13, 2017 13:28 PM

            Robert, I researched your comment about the U.S. reneging to build a power plant for North Korea and could not verify it.

            Please provide a source. Thanks

            Aug 13, 2017 13:09 PM

            Under the terms of the 1994 framework, North Korea agreed to freeze and ultimately dismantle its nuclear programme in exchange for “the full normalisation of political and economic relations with the United States”. This meant four things:

            -By 2003, a US-led consortium would build two light-water nuclear reactors in North Korea to compensate for the loss of nuclear power
            -Until then, the US would supply the north with 500,000 tons per year of heavy fuel
            -The US would lift sanctions, remove North Korea from its list of state sponsors of terrorism, and – perhaps most importantly – normalise the political relationship, which is still subject to the terms of the 1953 Korean War armistice
            -Finally, both sides would provide “formal assurances” against the threat or use of nuclear weapons

            For a while, things seemed to be going well. In 1998, US officials involved in the implementation of the agreement testified to Congress that both the US and the international atomic energy agency were satisfied that there had been “no fundamental violation of any aspect of the framework agreement” by North Korea.

            But on its own pledges, Washington failed to follow through.

            http://www.independent.co.uk/voices/north-korea-missile-test-us-1994-agreed-framework-pyongyang-programme-kim-jong-un-donald-trump-a7876446.html

    Aug 12, 2017 12:38 AM

    Whenever there is a threat of war the spin doctors on both sides try to make people feel comfortable about the conflict that could arise. You might here this, ” It will be over before Christmas, and the troops can be brought home.” OH yes, we will have a surgical strike and take out the North’s nuclear weapons, meanwhile they have been hiding an arsenal that harbors possibly sixty nuclear bombs and have prepared for such an event for years. North Korea has mobile launchers that can move missiles on a daily basis.

    In war as in life there are always many surprises. We cannot predict what will happen with their nuclear arsenal. Two or three North Korean satellites are positioned so that one of them is almost always over the US Midwest, do they have a nuclear device attached to them that can take out not only The US electrical grid but much of Canada and Mexico as well. North Korea has seventy diesel powered subs that are easy to detect but what if a nuclear device was installed in several subs which could be used as Kamikaze attacks against US harbors. You see the possibilities are endless and the outcome can never be predicted.

    If there is conflict, Japan will be attacked and soon both North and South Korea will instantly be vaporized industry and all. Much of Japan’s industrial might will be wiped out by nuclear contamination, and this is at the start of the war, then we could see China and Russia fighting The US. India also has disputes with China and they may enter the conflict. Nobody will be safe, we are all at risk. We never learned the lesson from the peace movement of The late 1960’s, “BAN THE BOMB”, or the even earlier lesson from Dwight Eisenhower, “Beware Of The Industrial Military Complex.”

      Aug 12, 2017 12:25 PM

      Ike’s speech could very well point to DRAMATIC consequences today.

      This is clearly not a simple situation.

    AJ
    Aug 12, 2017 12:04 AM

    The Madman and the Bomb
    The nuclear launch process once haunted Nixon’s aides. 43 years later, is it finally time to reform the system?
    http://www.politico.com/magazine/story/2017/08/11/donald-trump-nuclear-weapons-richard-nixon-215478?lo=ap_d1

      Aug 12, 2017 12:02 PM

      AJ,

      I read this article start to finish and will opine on it later today. The author has penned a thought provoking article that is clearly relevant to the world’s current situation.

      Many thanks for bringing this to our attention.

    Aug 12, 2017 12:07 AM

    Of course it will effect our wallets……….arms cost money, and the big boys need the cash for the kick backs……..Pentagon needs to kick back the $8.6 Trillion that is missing.
    CA Fitts……said we need to have the missing Trillions, brought back to the US Treasury…., to pay for all the real needs of the People.

      Aug 12, 2017 12:02 PM

      Amen, Catherine A.

    Aug 12, 2017 12:23 PM

    Imagine, John Lennon summed it up in a song. I can’t say any more can anyone. DT

    Aug 12, 2017 12:56 PM

    Comey made $6million while at Lockheed Martin…….and Lockheed received contracts worth $36 Billion Under the Clinton Sec of State, of which Billy received speaking fees, and the Clinton Foundation received more benefits. Remember , Comey was the Head Of FBI during 9/11…..war pays, for all the players.

    Aug 12, 2017 12:38 PM

    Mr. Big Al Korelin,

    Don’t worry. There will be a lot of talk and bluster over the next few years but nothing will come of it. There will be a lot more military exercises, shows of force, etc. plus South Korea buying more weapons as well as the Pentagram, so if you want to make a quick buck buy some defense contractor stock. You could buy the ITA ETF.

    Eddy

      Aug 13, 2017 13:31 PM

      Thanks Eddy.

      I just wish that all this stupid, and I do mean really stupid, crap would simply come to an end!

        Aug 13, 2017 13:41 PM

        It will end at the END……….

        Aug 13, 2017 13:25 PM

        I tell ya, Mr. Big Al Korelin, I was listening to this here interview on my ‘puter and the thing just shut down right in the middle of you talking. I notice the PC case was hot but everything inside looked normal. So I start it up again and go into the bios and look at the CPU temp and the thing is burning up! So I shut it down and take a closer look and notice some dust in the fins below the fan. I vacuum it out and it looks like that took care of it. Temps back to normal.

        Typically I listen on one of my tablets or more recently on my smart phone.

    Aug 13, 2017 13:35 PM

    Dang, this is pretty bad…

    https://www.youtube.com/watch?v=q_LOWBpOuuQ