Wake-Up Call - 2/3/12

The Ultimate In Lies And Deception from the B.L.S….

…pertaining to none other than arguably the most important economic statistic of the month: the unemployment figures! Printing money: how and why it is just counterfeiting, no matter who does it. The Fed colludes with the financial industry to do this, in effect causing the U.S. to engage in financial fascism. Even the 1% is relocating away from the U.S. (James Cameron, film director). More on the coming economic downturn. An amusing anecdote about Alan Greenspan being fired by a 25-year-old! The metaphor of a dam is used to describe the horrific consequences of “extend-and-pretend”.

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Wake-Up Call - 01/30/12

Again, Ignore The Lies From Government And Media 

The real estate market: more misrepresentations by the N.A.R. Others also are looking at a bottoming of the market. As always, no coherent reason is ever given for the opinion, just a “feeling”. An in-depth look at the absurd GDP figure from the government last Friday, together with reasons why that figure will fall sharply during 2012. More about Greece. Yet another Obama-sponsored company bites the dust. More delusional cries  proclaiming that “the economy is improving!” Reasons why this is not so along with confirming statements by business leaders. The outrageous new application forms for new passports. Get one now!

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Wake-Up Call - 01/27/12

Coming Melt-Down Warnings Everywhere

I am not alone. George Soros, IMF’s Christine Lagarde, World Bank’s Andrew Burns, Joe Granville, Gerald Celente and more… Few people seems to heed their warnings. Others with no apparent idea of what’s going on talk about a quick path to debt reduction and happy days dead ahead! (McKinsey Institute). America’s real reason for menacing Teheran. Comments on last Wednesday’s FOMC meeting. Violence in the U.S. The future of gangs as the economy spirals down. No relief in the housing market.

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Wake Up Call - SPECIAL REPORT

Please listen to Gonzalo Lira talking to Max Kaiser. He is one of the few people who is now saying exactly what I have been saying for years. He emphasizes the need for Americans to emigrate and compares the situation to early Nazi Germany and he talks about the degenerating quality of life in the U.S. Not to be missed.

Wake-Up Call - 01/23/12

Europe: The Abyss

A statement of the problems. Greece leads the way down a grim path ultimately to be trodden by others, including the United States. European banks, already in the hole (insolvent) must deal with this as well. Portugal is next. The choices Europe faces. The consequences of default.  Debt: the legacy to future generations. There is no “solution”. No effort is being made to reduce spending. The system must fail. The Fed is at the heart of the problem. The horror of endless unemployment. The new European treaty proposals are falling apart. Comparing America’s healthcare with that of France. America’s lack of social mobility has never been so great.

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Wake-Up Call - 01/20/12

Debt, Debt… And More Debt

Another priceless gem from Nigel Farage. There is no solution to the problem of debt. We are past the point-of-no-return. The debts which have hitherto been ignored are now having a noticeable effect on economic “growth”. Debt is like a cancer which has finally hit life-support systems. Again, ignore the media spin. Americans, of course, are meekly obeying the media and ramping up their (debt-based) spending like never before. Interfering with the free play of markets can be counterproductive. Complacency can lead to crisis. (Turkeys being fattened for Thanksgiving are… complacent!)  More on the mendacity of the media. The stunning decline of the auto industry. Government’s sweeping new powers are destroying America.

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Wake-Up Call - 01/16/12

The Perfidy Of Government Organizations

The Bureau Of Labor Statistics and its pathetic and pernicious lies. An in-depth examination of one example from last Friday… and proof that they lied about and misrepresented the unemployment statistics.  “The world’s friendliest countries”, and appraisal of where you as an ex-pat might be most welcome. Listen to find out which is the friendliest country on earth! A new book out in December by Matthew Lynn called, The Long Depression: The Slump Of 2008 to 2031, talks about how an economy can prolong a depression for several decades. It compares the depression of1873 to 1896 to our own. An assessment of the potential for emigrating to Latin America, particularly Colombia.

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Wake-Up Call - 01/13/12

The Story Of Debt 

Government debt is a Ponzi scheme. Governments must of necessity spend more than they take in. ‘Democracy’ demands it. Debts are not repaid. They are ‘refinanced’. Country defaults are more common than realized. Observations on how long the depression may last. Why some last longer than others. Houses are still losing value at a galloping rate. Growth is falling as fast as ever. A recitation of the EXECUTIVE ORDERS that prepare the backdrop for a total curtailment of your freedoms. You will be stunned to learn what they are.

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Wake-Up Call - 01/09/12

Fraud, The Police State, Social Degradation

Listen to Bill Black testifying to Congress on the current fraudulent activities and lack of prosecutions. The National Defense Authorization Act and Obama’s comments (a smoke screen). Comparisons with the arrival of Hitler and the Nazis. This is a grim piece of legislation and will certainly have far-reaching consequences. The retirement trap.  An avalanche of baby boomers is about to hit the retirement scene and most of them will be seriously underfunded. Younger contributors to their plans will be buying stocks in a declining market. Many will never be able to retire.

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Wake-Up Call - 01/06/12

Time To Go!

Predictions of social horror as things get worse. The money is running out. The borrowing is reaching levels that are beyond the reach of governments to service. Prestigious people in high places are beginning to sound the alarm as well. Europe has lost control. Their solutions are not working and they have run out of ideas. The global banking system is a giant house of cards. There is simply too much debt, too much leverage and too much risk. Germany’s second largest bank is failing. How secure can the others be? My emphasis on emigrating will be foremost in 2012. Look at the reality of life in Greece today, a bankrupt nation. War is all but certain in the United States. If they couldn’t protect the twin towers, how likely is it that they will be able to protect you?

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Wake-Up Call - 01/02/12

The United States Of America: A Fascist State

My opening words of 2012. You are now officially living in a fascist state. You cannot win. That is why I implore people to take seriously the idea of relocating abroad. I spend almost half the show describing in detail the fascist nature of the United States today. It is very serious and very grave. But you simply cannot win against the goons. So please don’t try. You will lose. More on the European crisis. More on the inexorable decline in U.S. manufacturing. There is no such thing as ‘real money’. Money is a creation of humans and as such it can be shaped and twisted to correspond to whatever the elite wish. (It has always been thus).

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Wake-Up Call - 12/30/11

Child Poverty As A Grim Reminder Of The Current Depression

Let’s hear from the 1 in 4 children on food stamps about the ‘recovery’. Will we look back on this period with shame as the ghoulish politicians strutted their ‘recovery’ against all the odds? Highest incomes in the U.S. are, not surprisingly, to be found in Washington, D.C. Why banks are not lending to the struggling European countries: fear of the monumental derivatives market crashing around them. There is not enough cash to cover the losses of a single counterparty. Debt serfdom in America. The dark side of capitalism. Goosing children’s test scores. Economists refuse to face reality until confronted with hard data. Jeffrey Tucker: ‘What Has Happened To Our Country?” An appraisal of Bill Bonner’s new book: The Idea Of America: What It Was And How It Was Lost.

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Wake-Up Call - 12/26/11

Countdown To The European ‘Perfect Storm’

Europeans are not going the American Way: they’re cutting off the drug (money/credit) cold turkey. The effect of withdrawal on the patient is predictable: massive social unrest, strikes, violent crime… Americans will get a foretaste of what to expect further down the line. European banks are failing, bank runs have begun, the Greek banking system is on the verge of collapse. Big brother is going to be watching you from street lights! The system is to be operational in NY and Washington by the end of 2011 and nationwide during 2012. How America has become a land of debt-serfs. The ratio of debt to GDP has already surpassed 100%. More money now goes to paying off debt than is collected by taxes.  “Flaking”: the practice of police planting drugs on innocent people to obtain credit and promotion.

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Wake-Up Call - 12/23/11

The Impossibility Of The U.S. Debt Situation To Be Resolved 

The U.S. simply owes more than it can ever repay. Period. Plenty of statistics for those looking for the evidence. The lenders are complicit, though. Everyone is basically ‘in on the act’. The system has spun totally out of control. The U.S. must continually offer debt onto the market to fund its growing liabilities. This is a nightmare that has no end. The only important conclusion to make is that nobody knows what to do about this. More NAR (National Association of Realtors) nonsense and lies. The lie about corporate balance sheets being “stronger than ever before in history”. The frightening buildup of nuclear forces worldwide presages the quasi-certainty of a coming nuclear exchange. Plenty of well-known people did forecast the current crisis well before it broke and were ignored. Steadily increasing violence in the streets – a precursor of much worse to come.

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Wake-Up Call - 12/19/11

Derivatives And Debt: A Fateful Combination

A brief restatement of the definition of derivatives. The difference between exchange-traded and privately held derivatives. The horror of the magnitude of private derivatives. Why they will bring down the entire financial system. Why and how empires fail. The nightmare of unfunded retirement and why America risks becoming a land of vast tracts of impoverished old people. Why the GDP figures are not to be believed – what they really represent.

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Wake-Up Call - 12/16/11

Another Grim Year Passes Into History 

More ridiculous forecasts deconstructed. Nigel Farage at his very best. NAR again hyping sales figures, finally forced to admit they were overestimating them.  Theft of livestock the latest expression of trouble in the economy. Your e-mails. A timely quote from the Old Testament. Happy Christmas and a Prosperous New Year to you all.

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Wake-Up Call - 12/12/11

Europe Slides Into Chaos

The irrepressible Nigel Farage gives his take, pithy as ever. My account of exactly what is happening in Europe today and why Britain opted out. The egos and rivalries of Europe are springing up again. France and Germany are trying to steamroller a newly-vamped treaty over the old one (hoping no one will notice!) Importantly, though, none of this addresses – even remotely – the problems of Europe today. Remainder of the show: your e-mails.

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Wake-Up Call - 12/9/11

Deterioration In All Departments

The European situation has no solution. The balance of trade in the U.S. is the worst in the world and getting worse. The negative current account balance is seven times worse than that of the next country (Italy). Debt continues to explode but asset values are not rising to keep pace. This is a recipe for financial disaster. For the first time ever banks own more equity in U.S. homes than homeowners themselves. America is getting poorer by the day. More info showing that we are in a full-scale depression. Why and how the U.S. is becoming a third-world country. The absurd U.S. Post Office – and a fascinating anecdote. Why the stock market may fall quite sharply over the next few weeks.

Wake-Up Call - 12/05/11

$16,000,000,000 Is Quite A Lot Of Money

You don’t have it. I don’t have it. So Bernanke creates it. The man is deranged. That is the only possible explanation. There is no possible way in which that money could have been destined to help ordinary people. And the money was only made available because the Fed never thought they would be required to divulge what they did. Indeed, it took all of two years to force their hand. The Federal Reserve is an evil institution. IT NEEDS TO GO. More on the frightful Detention Act. Crazed madmen (and women) seem to be on a fateful mission – to keep you all in line. The Germans never rose up in the early 1930s against Hitler. If the Americans follow suit, they, too, will take the consequences. When will the Second Great Depression be recognized as such? Not for many years if the 1930s are any example. People did not talk about a depression until around 1939. The frightful consequences of falling home prices. The fate of the unemployed.

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Wake-Up Call - 12/02/11

The Police State Has Arrived 

The U.S. Senate has voted overwhelmingly for the end of Posse Comitatus, granting the military unchecked power to arrest, detain, interrogate or even assassinate U.S. citizens with impunity. The end of The Bill Of Rights. A long list of other outrageous ways in which you have lost your freedom in the United States. A discussion of the news that sent the Dow Jones up 490 points on Wednesday. More lies and misrepresentations from official bodies with fudged statistics. American Airlines CEO finds another job! His new boss was also CEO of an airline that went under (Continental). Birds of a feather? Fitch, the ratings agency, puts the U.S. on ‘negative watch’ but maintains the AAA status.

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