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Archive for March, 2015

Fed Chair Yellen Muses Rate Increase

March 28th, 2015 Comments off

After a decade and a half of very low interests rates–and virtually zero interest rates since the onset of the global economic crisis in 2008, the U.S. Federal Reserve is increasing the rhetoric regarding what everyone knows is inevitable: rate increases.  The most recent comments by the Fed chair, Janet Yellen, point in that direction.

Yellen couched her words carefully, hinting that the rate increases will be slow and gradual, occurring in small increments over a period of several years. But the message is clear; monetary chicanery has run its course as an economic palliative. The distortions in the economy created by artificially low interest rates cannot be sustained forever.  The problem is, what bullets will be left to policymakers when the next recession strikes?

 

If Hillary Clinton runs for President of the United States  in 2016, see the video about the book that warned back in 2008 what a second Clinton presidency would mean for the USA:

 

CLICK ON IMAGE TO VIEW VIDEO

Hillary Clinton Nude

Hillary Clinton Nude

Mario Draghi and ECB Begin Quantitative Easing

March 7th, 2015 Comments off

Following the prescription of the U.S. Federal Reserve begun under Ben Bernanke, the president of the European Central Bank, Mario Draghi, is about to unleash the monetary torrent that is referred to as quantitative easing. With the Eurozone remaining mired in a sea of economic stagnation, fiscal debt crises and enduring deflation, Draghi  is gearing up the printing presses, boasting that the ECB will succeed where the Eurozone politicians failed.

With a 1.1 trillion euro quantitative easing program about to be launched, which is roughly equivalent to $1.250 billion USD, many in the markets are hoping that the  perceived improvement in American economic metrics  attributed the Fed’s quantitative easing will come to Europe soon.  The massive debts that will never be repaid and the unprecedented distortions created in the U.S. market by those loose monetary policies are at present out of sight. There is such desperation in the Eurozone, amplified by the impotence of the political class, that the ECB is, just as with the Fed in the U.S., the last hope for the European economy.

 

If Hillary Clinton runs for President of the United States  in 2016, see the video about the book that warned back in 2008 what a second Clinton presidency would mean for the USA:

 

CLICK ON IMAGE TO VIEW VIDEO

Hillary Clinton Nude

Hillary Clinton Nude

Why Does Iran Want Nuclear Weapons? An Alarming Possibility

March 3rd, 2015 Comments off

A heavy cloak of surrealism encapsulates the negotiations the Obama administration is conducting with Iran over the latter’s nuclear enrichment program. Though the premise of the diplomatic negotiations being spearheaded by U.S. Secretary of State John Kerry is to permit Iran to retain a substantial uranium enrichment program so long as the Iranian nuclear project is “peaceful,” there is a clear consensus by senior members of America’s intelligence community, past and present,  that Iran’s nuclear activities are solely geared towards eventual weapons production. An example of that viewpoint was expressed recently by the former deputy director of the Central Intelligence Agency,  Michael Morell.

 

In a February interview with Charlie Rose on Bloomberg TV, the former CIA deputy director, commenting on leaks indicating that the Obama administration proposed to allow Tehran to retain more than 6,000 functioning centrifuges utilized for uranium enrichment, said “If you are going to have a nuclear weapons program, 5,000 is pretty much the number you need.” Morell added, “If you have a power program, you need a lot more. By limiting them to a small number of centrifuges, we are limiting them to the number you need for a weapon.” (http://www.politifact.com/punditfact/statements/2015/feb/25/michael-morell/odd-reality-irans-centrifuges-enough-bomb-not-powe/) In the same interview, the former number two man at the CIA stated that he is convinced that Iran’s supreme leader, Ayatollah Ali Khamenei, has already made a decision to acquire nuclear weapons capability, most probably through an undetected covert program. (https://archive.org/details/BLOOMBERG_20150219_000000_Charlie_Rose#start/2640/end/2700)

 

Having made the leap in recognizing that Iran’s claimed “peaceful” nuclear project is  without question a weapons program, functioning alongside Tehran’s large-scale ballistic missile development and production project, the intelligence experts, including Michael Morell, provide explanations for the motivation behind Iran’s nuclear weapons program deeply rooted in Western concepts, including regime preservation and enhancing Iranian hegemony in the Middle East. In my view, this is a mistaken approach, because it is based solely on speculation from analysts schooled in secular geopolitical theories.

 

I offer a dissenting view on the purpose of Iran’s nuclear weapons project, which is based on what the supreme leader of Iran has communicated to his own Iranian constituents. On July 9, 2011 Ayatollah Ali Khamenei delivered a speech to teachers and graduates of Mahdaviat, a term referring to the belief in Shia Islam in the return of the 12th Imam or Mahdi, an eschatological figure that will supposedly herald in an era of global Islamic justice through an apocalyptic annihilation of the present world order. The speech the supreme leader delivered is extraordinary in its content, and can be viewed on YouTube, complete with English subtitles (http://youtu.be/MtzvMkV3V-g). What is most striking about Khamenei’s discourse is that the most senior political leader of a geographically complex nation of 80 million people, with major economic and social challenges, spoke for more than twenty minutes without a single reference to the myriad of secular issues confronting Iran. The entirety of the speech delivered by the supreme leader of Iran was devoted to the return of the 12th Imam as the Mahdi from a state of occultation. He closed his address with the following words: “I hope we will be among his followers both when he is in occultation and when he re-appears. By Allah’s favor, we will be among the soldiers who will fight alongside Imam Mahdi and I hope we will be martyred for his cause.”

 

In the second decade of the 21st century it staggers the Western mind to have to intellectually confront a nation-state conducting its policy for a theological and possibly eschatological purpose. However, based on what Iran’s supreme leader has clearly communicated is his top priority, namely the martyrdom of the Iranian people for the sake of the return of the 12th Imam, the possible connection of Tehran’s nuclear weapons project with the theological agenda of that nation’s rulers should not be discounted by policymakers in Washington. The Obama administration and the State Department may find it inconceivable that a nation in our contemporary world would create a vast uranium enrichment capability, much of it at hardened or underground locations, for the objective of bringing about an apocalyptic event that will set the stage for the return of the 12th Imam. However, ignoring the words of Ayatollah Ali Khamenei  and transposing our own Western concepts on how we perceive Iran’s motivation for creating its nuclear project is a perilous course for America and the world to pursue.

 

If Hillary Clinton runs for President of the United States  in 2016, see the video about the book that warned back in 2008 what a second Clinton presidency would mean for the USA:

 

CLICK ON IMAGE TO VIEW VIDEO

Hillary Clinton Nude

Hillary Clinton Nude