Apart from apathy...'Nothing in the world is more dangerous than sincere ignorance and conscientious stupidity.' (Dr. Martin Luther King)
Endrun Project Research and others have been projecting unprecedented events to come in 2010 since before the 2008 election ... more surprises ahead.
'While Americans have been beating each other up through the politicization of anything and everything, and the selection and election of government officials more like a season of ‘American Idol’ complete with Jerry Springer style blaming and finger pointing over issues …even darker clouds are building over America.'
Stocks end lower for third day
NEW YORK (Reuters) – 12 Aug 2010 Stocks ended down for a third straight day on Thursday as an unexpected rise in jobless claims and a sobering revenue outlook from Cisco underscored the hurdles to economic recovery.
Thursday's drop comes a day after all three major indexes posted their worst percentage declines in more than a month, erasing gains for the year in the aftermath of a gloomier outlook from the U.S. Federal Reserve.
The G20, The United Nations, and European Union has enough invested in the United States that the trillions in interest alone cannot be paid. A second economic tsunami for America would be unsustainable under present circumstances, and untolerated by the global community.
A much debated new global currency wherein the United States as part of a New Global Community of Nations is all but reality.
A new global currency and standard based on gold and oil replaces the dollar as quickly as dust settles from the next ‘tsunami’ wave. Essentially, not unlike General Motors and AIG …‘checkmate’ …The United States defaults to the World (G20)… and in order to survive …without a shot being fired …sometime before 2012, Obama hands over the keys to America… and America surrenders to conditions set forth by a collective global policy …No longer U.S. policy, but the policy of a ‘New World Order‘.
Scandals Signal The Demise of Our Financial System
'The line up goes down the block and around the corner for prosecutions against Goldman Sachs, Sovereign debt looms large, 8 more banks close, scandals in the financial sector continue to erupt everywhere, the public picks up the bills, we face a staggering depression, anger grows against wall street, a plan for permanent bailouts only favors the rich and corrupt.' April 21 2010 International Forecaster Weekly '
2010 The Second Tsunami
As cracks in the dam were beginning to appear researchers have seen the inevitable coming for years concerning US Economic policies, the 2008 Wall Street collapse was like the first crack in the dam to spring a leak. Unfortunately few, but some economists and futurists were able to read the signs of a collapse as early as 2004-2005 while sharp global business leaders began to prepare as early as 2006-2007.
To keep itself afloat, and prop up a fragile global economy… due to America’s longstanding position as the backbone of the global economy, the G20 has invested heavily in the United States since the financial bubble imploded in 2008.
However, with all the propping and bubble gum The Fed and economic advisers can muster... once the leak has started, sooner than later the crack gives way to total collapse. In light of the recent economic crisis and structural flaws in US Economic Policy, to shore up against the world’s dependency on the United States, efforts by the G20 have been ongoing to structure a safer economic environment with less dependency on the United States.
Commercial foreclosures in process for months are close to coming out the other end of the pipe, adding further pressure on the banking industry. Further job losses and resulting residential foreclosures are set to begin creating additional strain on the American economy by May 2010, snowballing into pandemonium by as early as late July 2010.'
Economy Teeters On The Brink and Market Manipulation Continues
'Business as usual in America, deception abounds on Wall Street, more borrowed money created out of thin air, Fed may change tactics to force banks to lend,Gold clearly manipulated down every expiration day, and no jail time for anyone yet at Goldman Sachs, Citigroup, or Berkshire Hathaway, market manipulation continues as economy teeters on the brink. ...the same old, same old, business as usual in America.
The Fed creates money out of thin air, uses it to keep the economy from teetering over the edge of destruction as ludicrous salaries and bonuses are collected by Wall Street Illuminists and as US consumers are deceptively informed that we have green shoots sprouting up and that recovery is just around the corner.' August 11, 2010 International Forecaster Weekly
The 'second tsunami' is on schedule! ...If The Fed is perplexed and Washington has no clue ...how much will politics do to fix this?
Wake Up America!
'At some point, ... it will be too late for effective political action. ... there reaches a point where it won’t matter who’s president and it won’t matter how devoted the global community is ...the damage will be out of control.
The joke is going to be on those who insist on looking for answers in all the wrong places or believe they already have the answers.
'The challenge is to get sheep to quit thinking and acting like sheep and start thinking and acting like foxes ...and time is running out.' [2010: Education Reform Part 2] 30 July 2010
3 For the time will come when men will not put up with sound doctrine. Instead, to suit their own desires, they will gather around them a great number of teachers to say what their itching ears want to hear. 4 They will turn their ears away from the truth and turn aside to myths. 5 But you, keep your head in all situations, endure hardship, do the work of an evangelist; 2 Timothy 4, 3-5
God gave us common sense and a conscientious for a reason if we choose not to use them we pay the consequences as we are NOW. If American voters put their faith in media and pundits rather than common sense we will be further divided and finished before the November 2012 elections.
There is a price to pay for this...
But you are not called to be foolish. Stay vigilant ...the picture will become even clearer as events of 2012 continue to unfold.
Watch out that no one deceives you! Matthew 24
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