TRANSCRIPT AND RESOURCES: http://www.corbettreport.com/federalreserve/
What is the Federal Reserve system? How did it come into existence? Is it part of the federal government? How does it create money? Why is the public kept in the dark about these important matters? In this feature-length documentary film, The Corbett Report explores these important question and pulls back the curtain on America’s central bank.
zerohedge.com / by Tyler Durden on 07/30/2014 19:46
If you like your disposable income… forget it.Health-care insurance premiums for individuals in California rose between 22% and 88% in 2014 from last year, even after the federal health-care overhaul. This has led, as Bloomberg reports, to Proposition 45 – a bill that would grant regulatory say on proposed premium increases. “Unless Proposition 45 is passed we are going to continue to see dramatic year-over-year increases,” warned Insurance Commissioner Dave Jones.
theeconomiccollapseblog.com / By Michael Snyder on July 30th, 2014
If the worst Ebola outbreak in recorded history reaches the United States, federal law permits “the apprehension and examination of any individual reasonably believed to be infected with a communicable disease”. These individuals can be “detained for such time and in such manner as may be reasonably necessary”. In other words, the federal government already has the authority to round people up against their will, take them to detention facilities and hold them there for as long as they feel it is “reasonably necessary”. In addition, as you will read about below, the federal government has the authority “to separate and restrict the movement of well persons who may have been exposed to a communicable disease to see if they become ill”. If you want to look at these laws in the broadest sense, they pretty much give the federal government the power to do almost anything that they want with us in the event of a major pandemic. Of course such a scenario probably would not be called “marital law”, but it would probably feel a lot like it.
If Ebola comes to America and starts spreading, one of the first things that would happen would be for the CDC to issue “a federal isolation or quarantine order”. The following is what the CDC website says about what could happen under such an order…
zerohedge.com / Via The Moscow Times on 07/30/2014 19:1
Fortune has smiled on judo coach Arkady Rotenberg, bringing his businesses Google-like growth and a key role in staging the Winter Olympics. It has now brought down on him the wrath of the U.S. government.
Rotenberg says his success has nothing to do with personal favors from his childhood sparring partner and Russian President Vladimir Putin, and has denounced this week’s Ukraine-linked sanctions on his companies as an affront to the spirit of free enterprise.
Following personal U.S. visa bans and asset freezes imposed on Rotenberg and his younger brother Boris last month, the new measures against pipeline construction firm Stroigazmontazh, or SGM, and banks SMP and InvestCapitalBank have, if nothing else, thrust the media-shy sportsman into the spotlight.
SGM, 51-percent owned by Arkady Rotenberg, saw revenues grow by a factor of nearly 50 after its creation in 2008 from several units sold by Gazprom. In four years, working for the state-run energy giant and others, it had laid 11,600 kilometers of pipeline — enough to reach all the way from his and Putin’s native St. Petersburg to the Pacific. And back.
Italy’s unemployment is critical and getting worse. Portugal has plunged to 9 month lows. France’s housing industry just collapsed. ADP jobs missed expectations. Manipulated GDP 2nd Quarter number hits 4%, remove sub-prime borrowing and inventory hording the GDP is negative. FED continues to taper keeping up the illusion that the economy is recovering. Australia want to impose a tax to spy on its own people. NY is tracking peoples movements. Russian sanctions will not hurt Russian Banks. Ukraine’s economy is collapsing. Israel is now considered a terrorist state by Bolivia. Islamic State is marching towards Baghdad, meanwhile the US sells Iraq 5000 hell fire missiles and Russia make a 1 billion deal to supply arms to Iraq.
Today a legendary trader and investor spoke with King World News about the Fed’s move, and also warned that an unknown event may trigger an avalanche of selling in global markets. Victor Sperandeo has been in the business 45 years, and has worked with famous individuals such as Leon Cooperman and George Soros. Another legend, hedge fund manager Paul Tudor Jones, said, “Victor Sperandeo is gifted with one of the finest minds I know. No wonder he’s compiled such an amazing record of success as a money manager.”
Incredibly, Sperandeo was interviewed in Barrons in September of 1987, where, with astonishing accuracy, he predicted that the stock market would crash. The market crash took place one month later and it just added to his legendary reputation. Below are the warnings issued by Sperandeo.
Eric King: “Victor, the Fed has tapered another $10 billion and they are talking up the economy.”
Sperandeo: “The reason the Fed has to stop QE is because in 2008 the Fed balance sheet as a percentage of GDP was 6 percent, and now it’s a staggering 26 percent….
Continue reading the Victor Sperandeo interview below…