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The Stealing Of America By The Cops, The Courts, The Corporations And Congress

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. / by John Whitehead via The Rutherford Institute on 07/22/2014 21:11

“What the government is good at is collecting taxes, taking away your freedoms and killing people. It’s not good at much else.” —Author Tom Clancy

Call it what you will—taxes, penalties, fees, fines, regulations, tariffs, tickets, permits, surcharges, tolls, asset forfeitures, foreclosures, etc.—but the only word that truly describes the constant bilking of the American taxpayer by the government and its corporate partners is theft.

We’re operating in a topsy-turvy Sherwood Forest where instead of Robin Hood and his merry band of thieves stealing from the rich to feed the poor, you’ve got the government and its merry band of corporate thieves stealing from the poor to fatten the wallets of the rich. In this way, the poor get poorer and the rich get richer. All the while, the American Dream of peace, prosperity, and liberty has turned into a nightmare of endless wars, debilitating debt, and outright tyranny.

What Americans don’t seem to comprehend is that if the government can arbitrarily take away your property, without your having much say about it, you have no true rights. You’re nothing more than a serf or a slave.

In this way, the police state with all of its trappings—from surveillance cameras, militarized police, SWAT team raids, truancy and zero tolerance policies, asset forfeiture laws, privatized prisons and red light cameras to Sting Ray guns, fusion centers, drones, black boxes, hollow-point bullets, detention centers, speed traps and abundance of laws criminalizing otherwise legitimate conduct—is little more than a front for a high-dollar covert operation aimed at laundering as much money as possible through government agencies and into the bank accounts of corporations.

The rationalizations for the American police state are many. There’s the so-called threat of terrorism, the ongoing Drug War, the influx of illegal immigrants, the threat of civil unrest in the face of economic collapse, etc. However, these rationalizations are merely excuses for the growth of a government behemoth, one which works hand in hand with corporations to profit from a society kept under lockdown and in fear at all times.


Thanks to BrotherJohnF

Split Appeals Court Rulings on Obamacare Subsidies; Pizza Party for Obama? How Much Would Premiums Rise?

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. / Mike “Mish” Shedlock / July 22, 2014 

Earlier today the U.S. Court of Appeals for the D.C. Circuit invalidated a major provision of Obamacare, ruling 2-1 that participants in health exchanges run by the federal government in 34 states are not eligible for tax subsidies.

No doubt, cheers went out from the anti-Obamacare crowd.

However, just a few hours later, the Richmond Appeals Court  ruled 3-0 the opposite way, citing pizza in its explanation.

Conflicting Rulings 

The New York Times reports Courts Issue Conflicting Rulings on Health Care Law.

 Two federal appeals court panels issued conflicting rulings Tuesday on whether the government could subsidize health insurance premiums for people in three dozen states that use the federal insurance exchange. The decisions are the latest in a series of legal challenges to central components of President Obama’s health care law.


Thanks to BrotherJohnF

Bill Still: MM34 – IRS Emails May Still Exist


Be prepared for the next great transfer of wealth. Buy physical silver and storable food.

According to a top IRS official Lois Lerner’s lost emails may yet be found.

The Ten Plagues That Are Hitting America Right Now

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. / By Michael Snyder on July 22nd, 2014

Why are so many plagues hitting the United States all of a sudden?  Yes, one can always point out bad stuff that is happening somewhere in the country, but right now we are facing a nightmarish combination of crippling drought, devastating wildfires, disastrous viruses, dying crops and superbugs that scientists don’t know how to kill.  And as you will see, we even have a plague of flies down in Mississippi.  So what in the world is going on?  Is this just a case of bad luck, or is something else happening?  At the conclusion of this article, please feel free to tell me what you think.  The following are ten plagues that are hitting America right now…

#1 The Plague Of Flies In The Upper Mississippi River Valley

This is perhaps the least dangerous plague, but it is also one of the most interesting.  Just recently, a plague of flies was so thick in the upper Mississippi River valley that it showed up on radar


Thanks to BrotherJohnF

Whi(t)ney Tilson Does It Again

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. / by Tyler Durden on 07/22/2014 20:48 

After an incredible day in Herbalife – its best performance ever – following Bill Ackman’s “death blow,” none other than Whitney Tilson (who oddly has not been seen on CNBC for many months) has penned a letter to his investors explaining “why I am more confident of my Herbalife short position.” As a gentle reminder,Mr. Tilson entered his Herbalife short in December 2012 in the low $20s (shortly after Ackman’s initial pitch) and recently made it one of his firm’s largest short positions. It appears there are now two ways by which Herbalife shares implode – Ackman buys a ‘minority stake’ and ‘fixes it’ or Whitney Tilson gets on TV and shifts to a long position…


Thanks to BrotherJohnF

Kiev Attacks Donetsk, Headquarters for MH17 Response

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. / Tony Cartalucci, Land Destroyer Report / July 22nd, 2014 

Reuters reported that the NATO-backed regime in Kiev has launched an offensive on the eastern city of Donetsk, Donetsk province. In its article, “Fighting erupts in Ukraine as crash investigators arrive,” Reuters states:

Ukrainian army tanks were reported to be launching an assault to break pro-Russian rebels’ hold on the eastern city of Donetsk on Monday in the first major outbreak of hostilities in the area since Malaysia Airlines flight MH17 was shot down last week.

A separatist leader said Ukrainian government forces were trying to break into Donetsk and fighting was under way near the railway station.

The provincial capital is being used as a headquarters to coordinate the cleanup, recovery, and investigation of Malaysia Airlines flight MH17. The attack on Donetsk by Kiev’s forces will further complicate efforts to recover bodies, bring impartial, international investigators to the crash site, and arrive at the truth of what happened to the doomed flight.

Reuters would even admit, that even while Kiev’s forces assaulted the city of Donetsk, the first international investigators had arrived in the city:

Three members of a Dutch disaster victims identification team arrived in Donetsk and were expected to visit a railway station near the crash site where nearly 200 bodies have been stored in refrigerated wagons.


Thanks to BrotherJohnF

Illegal Immigration And Gangs: Someday Our Cities Will Burn Because We Didn’t Protect Our Borders

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. / By Michael Snyder on July 22nd, 2014

Did you know that the number of illegal immigrants that enter Texas each week is greater than the number of babies being born to citizens of that state?  The mainstream media is shining the spotlight very brightly on all of the children that are coming over, and there is a reason for that.  They are trying to tug on our heartstrings.  But there is another part of the story that you aren’t hearing much about.  By refusing to protect our borders, Barack Obama has allowed hundreds of thousands of gang members to illegally enter the United States and settle in our major cities.  In many communities, gang activity is already wildly out of control, and someday our cities will burn because of the foolishness of the federal government.

The Obama administration knows that one out of every five illegal immigrants has a criminal record.  And we are not just talking about illegal immigrants taking “upskirt photos” of women like just happened in Texas.  We are also talking about rapists, murderers, drug dealers and hardcore gang members.

According to Texas state Senator Dan Patrick, illegal immigrants have been formally charged with nearly half a million crimes in his state over the past four years alone.  And he also says that there are “at least 100,000 illegal immigrant gang members” living in his state right now…


Thanks to BrotherJohnF

Despite Warmest May/June On Record, Misses Blamed On “Unseasonably Cool” Weather

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. / by Tyler Durden on 07/22/2014 20:30

“Weather,” it appears is the new ‘dog-ate-my-homework’ no matter how much facts get in the way.

Compare NOAA’s “Facts” about the actual temperatures…


Thanks to BrotherJohnF

July 22/1.5 tonne increase in GLD inventory/no change in silver inventory/Gold falls but silver remains constant/Venezuela manufacturing crumbles to zero/Argentina may have to default/

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. / July 22, 2014

Gold closed down $7.60 at $1306.10 (comex to comex closing time ). Silver was unchanged at $20.97

In the access market tonight at 5:15 pm

gold: $1308.00

silver: $20.97

GLD: a big gain of 1.5 tonnes of gold inventory at the GLD (tonnage now 804.84) tonnes).

SLV : no change in silver inventory at the SLV .

Gold trading for the past 24 hours: suppression due to options expiry later this week.

here is today’s graph of gold’s trading from midnight until 5: 30 pm est
the bankers are in control of the price of gold/silver until options expiry and probably until the end of the month.

We have two major hot points: Israel’s invasion of Gaza to destroy tunnels and their rockets, and continuing stories on the downing of the Malaysian aircraft.

We have continuing articles on the downing of a commercial Malaysian aircraft over eastern Ukraine as to who was at fault..

and on Israel’s ground invasion into Gaza with the mission to destroy all of the tunnels and rockets.

We have a great story on Venezuela’s manufacturing sector coming to a complete halt. Also Judge Greisa refused to listen to Argentina. They have one week to pay defaulted bond holders.

Late today, in an extremely surprising move, Turkey stated that it was abandoning ties to the USA and will move closer to China and Russia.

We also have two huge commentaries from Bill Holter, that you do not want to miss.

We will discuss these and other stories

So without further ado………………

Let’s head immediately to see the data has in store for us today.

First: GOFO rates/

All GOFO rates are positive and thus we have no real backwardation. Some of the months GOFO moved closer to the positive needle (the earlier months) with the 3 month GOFO remaining constant and the 1 yr moving towards the negative. It looks to me like the Indian gold swap with the B. of E is entering the market as leases.

London good delivery bars are still quite scarce.

July 22 2014

1 Month Rate: 2 Month Rate 3 Month Rate 6 month rate 1 yr rate

+.1020000% +.112000% +.11800% +.1500% + .172000%

July 21.2014:

1 Month Rate 2 Month Rate 3 Month Rate 6 month Rate 1 yr rate

+.09600% +.108000% +.118000% +.14800% +.174000%


Let us now head over to the comex and assess trading over there today,


Thanks to BrotherJohnF