DAVES PRIME EVENTS CATALOG
I set great score by the accuracy of the material presented in my Blog. A single source of information is not enough.
The level set is that of a Jury; Does the material meet the standard of "Beyond Reasonable Doubt". Because the material is so far beyond what a person is exposed to the standard is higher. You can perform the checks & balances yourself. I hope you will as your life and the future of the Human Race hangs in the balance.
We live in a time that might occur once in 25,000 Years.
The level set is that of a Jury; Does the material meet the standard of "Beyond Reasonable Doubt". Because the material is so far beyond what a person is exposed to the standard is higher. You can perform the checks & balances yourself. I hope you will as your life and the future of the Human Race hangs in the balance.
We live in a time that might occur once in 25,000 Years.
Wednesday, May 11, 2011
NWO in an Image
My Little Poem
Im looking for the asshole;
Who done took my Factory
They shipped it all to China
Along with my famillliy
I just want some Lug Nuts
To tighten on the Line
And gets me a $30 hour
Plus benfits sooo fine
If I comes acroposs
Them new world boys
Iz got sometin top te say
With my M16
Ill tap em
On the forehead
With some DU for a change
They may understand my feelins
My footy game is on
Ill drink my floradeted water
Cause I
I know it makes me strong
Git the old wife on the diet coke
She swellin up an breathin hard
But loves this cunte ry of usa
A patriot so fine
We hangs the flag
On 911
I watch them buildins fall
They dropped
Done clean as could be asked
From turbin headed fools
Lucky we got a President
As great as Bush the fightin man
A president so long
Standin on the deck
That sunny day
Victory is ours!!!
How bout we pull up Osama bin
And put his head up on the Dollar bill
All full of holes an blood
What we need is coloured money
To make the dollar light my way
A POSSIBLE FALSE FLAG SENARIO..Post Bin Laden
A POSSIBLE FALSE FLAG SCENARIO..Post Bin Laden
“ANYBODY BUT” THE NEW MOTTO !
All of us “Conspiracy’ theorists have smelt a lot of dirty Rats emanating from the USA ‘s ‘ killing ‘ of OBL. He has been dead for some 8 years of Kidney disease. Hence why now? Any Political points for the President are going to be faded away by next year so why now?
One answer is in the evidence we can see and the view of Pakistan as a loyal ally in the bu**it war of Terror is now turning to the creation of yet another axis in the Terror supporting countries, another War like Iraq is out of the financial / Political question another Afghanistan or an other Libya quagmire as irts turning into is not a great outcome.
The Police State network is being rolled out in the USA among others. The public is now going to have Uncle Sam in the re pockets grinding the middle class to poverty. The great “We will protect you from …..(Insert here) hands down the pants and X – Rays at Train and Bus Terminals, Malls etc. Terrorists in every corner.
Americans are half asleep, the other half are deeply suspicious and it might be the idea to kill a few birds with one stone.
Pentagon Lawn After "Jet: Hits It..???
Gravel Over Lawn ...Why? No Jet Fuel? No Debris, No Video, No Bodies, Believe it?
First create the Pakistan / Muslim / Atomic armed threat, a Suitcase Nuke is detonated (or Dirty Bomb ) in an American city or a container on a Pakistan Registered ship explodes. Simultaneously in true El Quida style another Nuke is set of in a major Indian City killing millions. A carnage or proportions I find hard to contemplate yet it achieves a few very helpful (from the NOW standpoint) effects, India retaliates against Pakistan and the 200 Warheads they, India, have in stock, many on Missile delivery systems take out Pakistan’s identified (by the CIA / NSA Satellites) no retaliation from the smoking ruins and the monsoon winds blow the fallout up toward China and other neighbors.
Back in the USA a frightened population submits to the surrender of the remaining Civil Rights hoping for protection from the evil Terrorist Boogey Men who have supposedly more of these Nukes spread around the country. Out with the Water boards its Surfing USA. Britain and the EU also institute Medieval suppression of the population, cameras, voice, face scan,. The Internet is closed to all but “Approved Commercial Traffic” as with any other communication like Mobile Phones these become two way devices tracking all the pre identified ‘threats to National Security.
The Gloves are off Obama mouthpieces for his handlers, no one will defy the Republic, the Reichstag is burning and Terrorists / suspected… rounded up, their own Mobile phones leading the squads to pluck them. Any resistance is met with magnified force and weapon confiscated. The owner / holder is shot or interred pending Military Tribunal.
The above scenario is totally fiction of course, yet can anyone deny that its not well within the parameters of suspicion and the Par for the Course already set, whoever took out the World Trade Centers 1,2 &3 turning them to dust killing thousand is not going top be perturbed at a few million more deaths especially if it allows the final solution of Martial Law and Global Take over to be achieved.
How the Russians and Chinese would react is another matter, they know as well as any one that Global Thermo Nuclear War is extinction for all. How do you respond to the above? Let fly and go back to the Stone Age?
Not being a charter member of the Global Elite I have no idea of the overall plan, Chaos is certainly a big part of it, fear another added with the installation of more “Security” for our own protection.
God and our own awareness is all that will save us, make people who sell propaganda know you want nothing to do with their agenda.
DON’T WATCH THEIR TV
DON’T BUY THEIR NEWSPAPERS OR MAGASINES
WRITE (USE A stamp preferably) to your Politico and tell them its OUT OF OFFICE FOR ALL.
We the people still have some vestige of power left to us, the 2 Party system has robbed us (Or we gave it away) of any real choice. HOWEVER most Elections are carried by a small percentage of people . The Swinging Voter” people who will change their vote or even vote for an Independent 5rd Party Candidate.
Write to your Local Member / Congressman and tell them in clear words that if they sit on their arse and let sh slide by, if you do not hear from them they will not get your Vote, nor will the other Red / Blue alternative. You will vote for the Independent, the Third Party whomever. They will be OUT.
Several Countries Governments are on very slim margins; a Government can fall on 50 Votes. Unless your using a Hacked Machine, even then they are rigged for one or the other not for random, rebellious Voters who have heard so much trash and cowardly kiss ass behavior serving Political Machines that see us as gullible fools who have certainly acted the part.
“ANYBODY BUT” THE NEW MOTTO !
“ANYBODY BUT” THE NEW MOTTO !
All of us “Conspiracy’ theorists have smelt a lot of dirty Rats emanating from the USA ‘s ‘ killing ‘ of OBL. He has been dead for some 8 years of Kidney disease. Hence why now? Any Political points for the President are going to be faded away by next year so why now?
One answer is in the evidence we can see and the view of Pakistan as a loyal ally in the bu**it war of Terror is now turning to the creation of yet another axis in the Terror supporting countries, another War like Iraq is out of the financial / Political question another Afghanistan or an other Libya quagmire as irts turning into is not a great outcome.
The Police State network is being rolled out in the USA among others. The public is now going to have Uncle Sam in the re pockets grinding the middle class to poverty. The great “We will protect you from …..(Insert here) hands down the pants and X – Rays at Train and Bus Terminals, Malls etc. Terrorists in every corner.
Americans are half asleep, the other half are deeply suspicious and it might be the idea to kill a few birds with one stone.
Pentagon Lawn After "Jet: Hits It..???
Gravel Over Lawn ...Why? No Jet Fuel? No Debris, No Video, No Bodies, Believe it?
First create the Pakistan / Muslim / Atomic armed threat, a Suitcase Nuke is detonated (or Dirty Bomb ) in an American city or a container on a Pakistan Registered ship explodes. Simultaneously in true El Quida style another Nuke is set of in a major Indian City killing millions. A carnage or proportions I find hard to contemplate yet it achieves a few very helpful (from the NOW standpoint) effects, India retaliates against Pakistan and the 200 Warheads they, India, have in stock, many on Missile delivery systems take out Pakistan’s identified (by the CIA / NSA Satellites) no retaliation from the smoking ruins and the monsoon winds blow the fallout up toward China and other neighbors.
Back in the USA a frightened population submits to the surrender of the remaining Civil Rights hoping for protection from the evil Terrorist Boogey Men who have supposedly more of these Nukes spread around the country. Out with the Water boards its Surfing USA. Britain and the EU also institute Medieval suppression of the population, cameras, voice, face scan,. The Internet is closed to all but “Approved Commercial Traffic” as with any other communication like Mobile Phones these become two way devices tracking all the pre identified ‘threats to National Security.
The Gloves are off Obama mouthpieces for his handlers, no one will defy the Republic, the Reichstag is burning and Terrorists / suspected… rounded up, their own Mobile phones leading the squads to pluck them. Any resistance is met with magnified force and weapon confiscated. The owner / holder is shot or interred pending Military Tribunal.
The above scenario is totally fiction of course, yet can anyone deny that its not well within the parameters of suspicion and the Par for the Course already set, whoever took out the World Trade Centers 1,2 &3 turning them to dust killing thousand is not going top be perturbed at a few million more deaths especially if it allows the final solution of Martial Law and Global Take over to be achieved.
How the Russians and Chinese would react is another matter, they know as well as any one that Global Thermo Nuclear War is extinction for all. How do you respond to the above? Let fly and go back to the Stone Age?
Not being a charter member of the Global Elite I have no idea of the overall plan, Chaos is certainly a big part of it, fear another added with the installation of more “Security” for our own protection.
God and our own awareness is all that will save us, make people who sell propaganda know you want nothing to do with their agenda.
DON’T WATCH THEIR TV
DON’T BUY THEIR NEWSPAPERS OR MAGASINES
WRITE (USE A stamp preferably) to your Politico and tell them its OUT OF OFFICE FOR ALL.
We the people still have some vestige of power left to us, the 2 Party system has robbed us (Or we gave it away) of any real choice. HOWEVER most Elections are carried by a small percentage of people . The Swinging Voter” people who will change their vote or even vote for an Independent 5rd Party Candidate.
Write to your Local Member / Congressman and tell them in clear words that if they sit on their arse and let sh slide by, if you do not hear from them they will not get your Vote, nor will the other Red / Blue alternative. You will vote for the Independent, the Third Party whomever. They will be OUT.
Several Countries Governments are on very slim margins; a Government can fall on 50 Votes. Unless your using a Hacked Machine, even then they are rigged for one or the other not for random, rebellious Voters who have heard so much trash and cowardly kiss ass behavior serving Political Machines that see us as gullible fools who have certainly acted the part.
“ANYBODY BUT” THE NEW MOTTO !
Tuesday, May 3, 2011
OBL is Dead, "has been" for a long time ?
So the evil bad guy is dead, amazing assault on compound and burial at sea.
Interesting the past weeks action.
The so called Birth Certificate is released, a scrappy job i I must say. If the CIA or other alphabet agencies wanted to cook up a "Genuine certificate I am certain they could. Why wait all this time and why produce a document that raises more questions than it answers?
The Ben Bernanki show is also a first, a Fed Chief having a Press Conference is unheard of. It did no good the US $ is dropping down a greasy sloap.
When you see the Euro in similar shape, Oil at $150 or more its time to head for the hills.
Meanwhile the "Peace Keepers of the "No Fly Zone" have lobbed a Missile into Qaddafi Sons home killing his Son and 23 Grandchildren. The War in Libya will be a long protracted affair, the rabble of Western Backed Rebels will meet heavy resistance. If you take a moment to look at what sort of country Libya has become then you should be surprised. Its a very well cared for population and Qaddafi will have a lot of support.
The Missile strike was a War Crime. Even Bin Laden denied responsibility for 911. Why would he do that.
What my worst fears tell me is we are being Sheep-led into a state of readiness where the NWO can commit a major atrocity and blame it on Al Kaida, as the Zombies shout USA, USA!! the Bilderburg group will be meeting in June to plot their end run to 2012.
Inflation from Oil Prices and Fed printing is hurting big the littlest people. While Trillions are moved around the Board Game people will find the Food Stamp buys less and less as the Police State squeezes the last drops of Liberty from the last great experiment in Human Liberty and expression.
Choices you make now are of more importance than you could realize, if you take this as an opportunity to paint any dissenting voice as "Conspiracy Nut" and cheer the death of innocents as collateral damage then not only will your Wallet be poor but your Spirit will also be lost to them.
In these times the choice of Service to Self or Service to Others is your last and most important action. STS will allow victory to those who wish to Enslave, they live for power. Money they have, the ultimate power is yours to give or deny. Simple as that.
Prey whatever action they plan will fail and that the Veil will fall exposing the Slave Masters masquerading as slick suited, silver tongued liars as Obama has so clearly shown himself to be. The worst President in American History.
Interesting the past weeks action.
The so called Birth Certificate is released, a scrappy job i I must say. If the CIA or other alphabet agencies wanted to cook up a "Genuine certificate I am certain they could. Why wait all this time and why produce a document that raises more questions than it answers?
The Ben Bernanki show is also a first, a Fed Chief having a Press Conference is unheard of. It did no good the US $ is dropping down a greasy sloap.
When you see the Euro in similar shape, Oil at $150 or more its time to head for the hills.
Meanwhile the "Peace Keepers of the "No Fly Zone" have lobbed a Missile into Qaddafi Sons home killing his Son and 23 Grandchildren. The War in Libya will be a long protracted affair, the rabble of Western Backed Rebels will meet heavy resistance. If you take a moment to look at what sort of country Libya has become then you should be surprised. Its a very well cared for population and Qaddafi will have a lot of support.
The Missile strike was a War Crime. Even Bin Laden denied responsibility for 911. Why would he do that.
What my worst fears tell me is we are being Sheep-led into a state of readiness where the NWO can commit a major atrocity and blame it on Al Kaida, as the Zombies shout USA, USA!! the Bilderburg group will be meeting in June to plot their end run to 2012.
Inflation from Oil Prices and Fed printing is hurting big the littlest people. While Trillions are moved around the Board Game people will find the Food Stamp buys less and less as the Police State squeezes the last drops of Liberty from the last great experiment in Human Liberty and expression.
Choices you make now are of more importance than you could realize, if you take this as an opportunity to paint any dissenting voice as "Conspiracy Nut" and cheer the death of innocents as collateral damage then not only will your Wallet be poor but your Spirit will also be lost to them.
In these times the choice of Service to Self or Service to Others is your last and most important action. STS will allow victory to those who wish to Enslave, they live for power. Money they have, the ultimate power is yours to give or deny. Simple as that.
Prey whatever action they plan will fail and that the Veil will fall exposing the Slave Masters masquerading as slick suited, silver tongued liars as Obama has so clearly shown himself to be. The worst President in American History.
Thursday, April 7, 2011
Silver Liberation Army Official Communiqué No 2: Formal Declaration of War on Banker Occupation
To all of the governments of the world; under banker occupation. Greetings. This is an anonymous communiqué from the Silver Liberation Army.
We want you to understand your current and dire situation. We, as good citizens of the world, have formally declared war on you.
We, unlike you, do not require your tools of death, destruction, and chaos as provided by your military industrial complex that you use to spread your brand of corrupt mutant capitalism through tyranny.
To win this fatwa all that we need is truth and we will destroy your reign of financial terror without ever causing physical harm. To destroy you we are going to collapse JP Morg and the Ben Bernank by buying all available supplies of physical silver bullion.
We will expose all of the J P Morg short positions leading to the printing of more fiat currency, thus diluting the value of it to the point of it becoming worthless; causing the good people of the world to lose faith in your corrupt institutions.
We are winning the Info war because we speak truth. We are winning the Info war because you speak lies, you use weapons of death, destruction, and enslavement on the good people of the world.
You sacrifice the health of mother earth and humanity for the sake of wealth, power, and greed. That will be your undoing. The good people of the world are waking up to how you are using them to satisfy your power and control cravings through austerity measures imposed because of your self-serving interests.
To the good people of the world:
Crash J P Morgan. Buy Silver.
The Official Silver Liberation Army!
Christopher Barker: & Bill Murphy: From GATA
Barker: I think it's a failure of investors to understand the implications of this story, whether they're invested in precious metals or not.
Murphy: Well that's one thing we tried to do with the Wall Street Journal ad; that's why we paid $264,000 to wake people up, and that was two months before the financial markets collapsed.
Barker: One part of your testimony that jumped out at me was actually a quote from your Wall Street Journal ad, where you said: "Manipulation is a primary cause of catastrophic excess in the markets." Could you explain to my readers how gold price suppression could facilitate market excess?
Murphy: What's important for your readership to understand is that the markets have been made dysfunctional by U.S. policy and what these bullion banks are doing. Even Alan Greenspan said recently that interest rates were left too low for too long. Had the gold price been allowed to trade freely, interest rates wouldn't have been able to stay down as low as they were. It would have been a warning sign for people not to get involved in the behavior that they did ... not to go with all of the risks that developed. And there's a good likelihood that the disaster would have been nowhere near as bad as it was.
Alan Greenspan called gold a "thermometer." So they diffused the thermometer by keeping the gold price managed. And what's important for people to understand now is that the same thing is going on. If we're correct, it's going to lead to a bigger catastrophe, because no one has learned any lessons.
Barker: In your view, what is needed to convert these myriad allegations into the kind of slam-dunk case that commands widespread media scrutiny or prompts a regulatory overhaul?
Murphy: How has every scandal that has really been an important one broken? Revco, Enron, Madoff ... it has to blow up. And it's so sad. All the whistleblowers at Enron, and in the Madoff scandal, were ignored or ridiculed, like we've been ridiculed for the last 10 or 11 years. It's always the same, because we're taking on the rich and the powerful in America ... and they don't like it. Unfortunately, that's what it's going to take. It might be some kind of default on gold and silver delivery. It takes the markets to blow up, and then you have the big to-do about 'how could this have happened?' It makes me sick to my stomach.
Thank goodness for the Internet, though, because it's changing everything. The story that we're telling, which we believe will go down as one of the great financial scandals in American history, would never have been discovered without the Internet, because none of us would have met each other. It's truly remarkable what the Internet is doing, and it's allowing the little guy to take on the big guys. As hard as it is still, at least we have a chance.
Tuesday, March 15, 2011
JAPAN REACTOR FUEL RODS EXPOSED
that the internal structure / secondary containment is still intact?
Heat from exposed fuel rods splits water coolant into Hydrogen & Oxygen then explodes.
Explosion damages containment of Fuel. Rods exposed and melting.
Japan has bad past record of disclosure of Atomic leaks, Second Reactor uses both Uranium and Plutonium as fuel (MOX).
This is a real mess, radiation will cross ocean to USA West coast.
Harmful radiation at levels 20 times the annual limit is spewing from Japan’s quake-hit Fukushima No.1 atomic power plant after a fire broke out at its number-four reactor, people within 30 kilometres of the facility told to stay indoors or risk getting radiation sickness.
Higher than normal radiation levels have reportedly been detected in Tokyo, As of 10.22am local time, 400 millisieverts of radiation were detected at the No. 2 and No. 3 reactors, Chief Cabinet Secretary Yukio Edano told reporters. That is 20 times the annual limit for nuclear industry employees and uranium miners, according to the World Nuclear Association.
Mr Edano told reporters that the suppression pool of the No.2 reactor at the Fukushima No.1 plant appeared to have been damaged. The pool forms the base of the container vessel which seals the fuel rods.
A huge explosion hit the building housing the number-two reactor early today, the third blast at the plant since Saturday. Hydrogen explosions have previously hit Unit 1 and Unit 3.
Heat from exposed fuel rods splits water coolant into Hydrogen & Oxygen then explodes.
Explosion damages containment of Fuel. Rods exposed and melting.
Japan has bad past record of disclosure of Atomic leaks, Second Reactor uses both Uranium and Plutonium as fuel (MOX).
This is a real mess, radiation will cross ocean to USA West coast.
Higher than normal radiation levels have reportedly been detected in Tokyo, As of 10.22am local time, 400 millisieverts of radiation were detected at the No. 2 and No. 3 reactors, Chief Cabinet Secretary Yukio Edano told reporters. That is 20 times the annual limit for nuclear industry employees and uranium miners, according to the World Nuclear Association.
Mr Edano told reporters that the suppression pool of the No.2 reactor at the Fukushima No.1 plant appeared to have been damaged. The pool forms the base of the container vessel which seals the fuel rods.
A huge explosion hit the building housing the number-two reactor early today, the third blast at the plant since Saturday. Hydrogen explosions have previously hit Unit 1 and Unit 3.
Friday, March 11, 2011
Australia..The Last Days Of Easy Living :
I cannot accept that to be realistic means to tolerate misery, violence and hate. I do not believe that the hungry man should be treated as subversive for expressing his suffering. I shall never accept that the law can be used to justify tragedy, to keep things as they are, to make us abandon our ideas of a different world. Law is the path of liberty, and must as such open the way to progress for everyone. -- Oscar Arias Sanchez
Australia's "Tulip Mania" About to Crash; 44% Jump in Property Listings Proves the Proposed Housing Shortage is Gargantuan Myth; Playable Actions
Australia's household debt to disposable income ratio
"The chart above doesn't have the most recent data. It appears to show a gentle decline in the household debt-to-disposable income ratio. Since then, though, due to higher debts and income growth that's not quite kept up, the ratio has turned up again. It's around 156% today, largely thanks to the mini-boom in mortgage lending spawned by the diabolical first home owner's grants."
The Australian people have had it good for at least 40 years, minor recession's and corresponding booms, very few Australians realise that the actual standard of living has over that period decreased requiring the work of two people to maintain status quo with the rest. Real wages have not gone up, they have gone down.
Its now 2011 and Australia faces two internal challenges the first is our long running and now collapsing Real Estate Boom. Property prices had been going up constantly for decades and our Banks have been more than accommodating in financing this speculation holding up to 60% of their assetts in Mortgage related products.
As of this year the 'Boom' has slowed and now turned homes are not selling, Auctions are failing, this is not the news you hear on the local Media. Our R/E is estimated to be 60% overvalued and when the Inflation coming down the line hits we are in deep S#$@. The Oil price is an external factor that is now adding to stress that the average overextended home owner is already under.
Most people who bought "Investment " property bought into a loosing bet from day one. The Banks financed up to 110% before the GFC and now are offering 97% to customers they are familiar with. Problem for the new crop / the last lot of buyers who got in at the Top Of The Market. For these people there is no "Greater Fool" out there to buy the properties at a price that will cover the losses from depreciation and expenses.
We will not avoid a collapse in our R/E market, our personal debt (not the Government Debt) is higher than the Average America's debt burden on Credit cards and Mortgages.
When the Home loans and Retail / Commercial property market collapses so will the Australian Economy, our Banks will be screaming for bailouts and these will not be forthcoming unless the Government decides to print Money. Even without external events Australia has a Black day coming in the "commodity that always goes up".
Lucky we have our Chinese friends buying our Minerals etc, will this Boom continue forever...5 years? 20 years? I think not, China has been pushing its economy at Maximum growth and billions of cubic meters of empty Cities are one result, another is the Billion Chinese that have not got a spot in the sunshine, the $2 a Day workers that provide us with so much "Stuff" we have bought. When the Western Nations are struggling to fill their Petrol Tanks and pay Mortgages then who will pay for China's growth.
After a US default on its currency / Debt problem the Chinese will be short a cool Trillion Dollars in lost assetts tied up in the US Treasury Bills, Notes not even PIMCO will buy, the US Treasury is the primary buyer of US Debt. Sooner than later the World will realise the US Dollar is over. An announcement of more Quantitative Easing will tell even the stupidest Investor that any American paper is worthless. Not to forget the probable fate of the Euro.
For the Elites of the world to finalise plans that have been on the board for a Century the worlds disparate currencys have to go and be replaced with a new World Order Dollar.
The events in Saudi Arabia on the so called "Day of Rage" will tell us a lot as the future will come to crystal focus, Oil to $200, and the the real trouble begins.
Wake Up Australia, its now begun, our time of joining the rest of the world in trying to buy the next meal.
Revolution is only ever 7 Meals away, people so insulated, arrogant and obscenely rich have plans for all of us.....then again its all just Conspiracy isn't it.
Australia's "Tulip Mania" About to Crash; 44% Jump in Property Listings Proves the Proposed Housing Shortage is Gargantuan Myth; Playable Actions
"The RBA’s figures show that as at March 2009 ”around 20 per cent of banks’ total liabilities were denominated in foreign currencies.”
This percentage has remained relatively stable over time, but the raw numbers involved ballooned through the credit boom, to the point where the banks’ net foreign currency exposure is more than $300 billion.
few people fully understand how dependent our banks are on foreign debt and the mechanism by which they mitigate their exposure (through a series of swap contracts designed to insulate against currency and interest rate movements). And that brings us to the key issue.
Should future convulsions in the global financial markets send any of the institutions on the other side of these contracts to the wall, our banks would become more exposed to the harsh winds of the international financial markets."
The Australian people have had it good for at least 40 years, minor recession's and corresponding booms, very few Australians realise that the actual standard of living has over that period decreased requiring the work of two people to maintain status quo with the rest. Real wages have not gone up, they have gone down.
Its now 2011 and Australia faces two internal challenges the first is our long running and now collapsing Real Estate Boom. Property prices had been going up constantly for decades and our Banks have been more than accommodating in financing this speculation holding up to 60% of their assetts in Mortgage related products.
As of this year the 'Boom' has slowed and now turned homes are not selling, Auctions are failing, this is not the news you hear on the local Media. Our R/E is estimated to be 60% overvalued and when the Inflation coming down the line hits we are in deep S#$@. The Oil price is an external factor that is now adding to stress that the average overextended home owner is already under.
Most people who bought "Investment " property bought into a loosing bet from day one. The Banks financed up to 110% before the GFC and now are offering 97% to customers they are familiar with. Problem for the new crop / the last lot of buyers who got in at the Top Of The Market. For these people there is no "Greater Fool" out there to buy the properties at a price that will cover the losses from depreciation and expenses.
We will not avoid a collapse in our R/E market, our personal debt (not the Government Debt) is higher than the Average America's debt burden on Credit cards and Mortgages.
When the Home loans and Retail / Commercial property market collapses so will the Australian Economy, our Banks will be screaming for bailouts and these will not be forthcoming unless the Government decides to print Money. Even without external events Australia has a Black day coming in the "commodity that always goes up".
Lucky we have our Chinese friends buying our Minerals etc, will this Boom continue forever...5 years? 20 years? I think not, China has been pushing its economy at Maximum growth and billions of cubic meters of empty Cities are one result, another is the Billion Chinese that have not got a spot in the sunshine, the $2 a Day workers that provide us with so much "Stuff" we have bought. When the Western Nations are struggling to fill their Petrol Tanks and pay Mortgages then who will pay for China's growth.
After a US default on its currency / Debt problem the Chinese will be short a cool Trillion Dollars in lost assetts tied up in the US Treasury Bills, Notes not even PIMCO will buy, the US Treasury is the primary buyer of US Debt. Sooner than later the World will realise the US Dollar is over. An announcement of more Quantitative Easing will tell even the stupidest Investor that any American paper is worthless. Not to forget the probable fate of the Euro.
For the Elites of the world to finalise plans that have been on the board for a Century the worlds disparate currencys have to go and be replaced with a new World Order Dollar.
The events in Saudi Arabia on the so called "Day of Rage" will tell us a lot as the future will come to crystal focus, Oil to $200, and the the real trouble begins.
Wake Up Australia, its now begun, our time of joining the rest of the world in trying to buy the next meal.
Revolution is only ever 7 Meals away, people so insulated, arrogant and obscenely rich have plans for all of us.....then again its all just Conspiracy isn't it.
Thursday, March 3, 2011
World Elite Get On With The Job...Fuel to $200 a Barrel
Ignore WTI , West Texas Crude price, the true definition of what the world (including most of the USA) consumes is the price of Brent Crude currently @ $116 per Barrel.
The kaos in North Africa and the Middle East has been set off by design, the Elites of this world want to push the price to $200 a Barrel. The effect on the Western Economies will be devestating, Inflation you are already seeiong the start.
The USDX (The price of the US$ on World Market is down to 76.678
This is a very low spot and we see it in the 75.999 area, Gold at $1500, Oil at $145 / Barrel and increasing Global instability, either in Economics or Politics, their is little difference. That is your time of historical flux.
Our 5 Stooges above have a lot to answer for and if they think they have their own God to let em off the hook, perhaps they should all get down to Texas and get some Baptist Rebirth-in!
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