I am of course well aware that no democratically elected president can decide where the corporations of his country establish their production etc.. But seeing the pressrelease below from the US company Johnson Controls both tells me about a president with fancy, but so far fairly empty words about creating work. And even more about US companies in the crisis of 2011 sending out pressreleases about out of moving work away from US.
Finance
Bob Chapman: Get out of bonds/stockmarket now!
State of Globe has for at least 6 months said that papers/stocks in the time ahead will be a very dangerous place to be. Everything is about to be more or less wiped out, paper values in particular. Before president Obamas speech this evening I found a video from end of August, where the profiled financial expert Bob Chapman comes with a very strong warning, fully in line with the predictions from State of Globe.
South Korean TV with documentary about chinese stamina pills made out of grinded fetuses
Some things are worse than others. This documentary made last month by one of South Korea’s major TV channels is definitely one of the worse. The channel allegedly has found evidence that aborted fetuses, etc. is sold to a company. After a freeze-drying process, they are grinded and mixed into stamina pills.
Norway is said to have zero debt, but still pays 22,6 billion NOK/year in interestrate
Norway will according to Norwegian Wikipedia pay 22.6 billion NOK in bank interest rates in 2011. And this is for a country where governmental debt allegedly does not exist. Why? The answer is called liquidity. Loans that must be taken in the bank to be allowed print the country’s own money. No wonder international banks …
The Power of Gold
I have been thinking a lot about ((Ben Bernanke)) lately, chairman of the privately owned central bank of the US an de facto the world, Federal Reserve. He recently said that gold is not money. Being as I am fairly certain about a coming goldbacked currency, Bernankes statement really made me confused. Until I realized that Federal Reserve doesn’t own any gold.
The Goldstandard is inavoidable
Over and over again I have talked about my conviction about a coming goldstandard for our western currencies, in particular the US currency. The more I see the developing breakdown of our financial system, the more I see there are no way around it. To avoid hyperinflation and Weimar republic/Zimbabwe problems gold will come back. But how and when?
Why did Greece not follow Iceland? (Updated Feb. 19th 2012)
I have, with growing sadness looked at what has happened to Greece. If we look at the last year of Iceland, Greece is a tragedy I find it very hard to think ever needed to happen. Why have Greece become slaves? Because of the thruth, or big fat bank- and eurosaving lies? An update to this article is here. It looks worse than ever for Greece. And now the financial vultures are coming. A new update 02.19.12 about the good recovery of Iceland, now even getting new creditworthyness puts the EU warnings about Greece in a very strange light.
Monkeys now get their own ad campaign
I have seen much that has made me wonder about the direction of humanity, and the idea of an ad campaign for monkeys is definitely one of these things. The first campaign is according to ((New Scientist)) now a fact.
The man that «killed» Greece will be new leader of European Central Bank
I guess it it just a sign of the crazyness in banking when ((Mario Draghi)), the man that was in charge of the derivatives department in ((Goldman Sachs)) when they adviced Greece to hide their real debt, now become new leader of the ((European Central Bank))?