From Jenna Orkin et al.
Prepare your portfolio for World War III, says Marc Faber
Sounds about right from our standpoint. -- MCR
Spanish housing minister appeals to British buyers to return
LMFAO. You mean the British buyers who are over-leveraged, have lost their jobs and are being foreclosed on while they're freezing? -- MCR
Ireland gets 3.6 billion euros from rescue fund: source
Either we missed or the press didn't report it. I thought there was a chance Ireland might choose to default. But it looks like they've cashed the check. Anyone with better info, pls let us know. – MCR
Russia Follows China in Using Reserve Ratios to Curtail Inflation Threat
I think inflation's going to be severe everywhere and that there's going to be hyperinflation here eventually. With luck it will happen sooner rather than later and hopefully it will be the death of fiat currency. – MCR
Senior US Marine Says "Multiple Platoons" Are Headed To Egypt
Very significant. There are probably Recon Marines and logistics specialists to scout possible helo landing locations and rally points. That means it pretty certain that there are already quite a few Green Beanies and SEALs deployed in civilian clothes already. There are a lot of Americans living in Egypt. Almost certainly the Marines will be deployed and staged in Egyptian military bases as a Rapid reaction Force. One other distinct possibility is that advance teams from all services are going to prepare for direct military deployment of large units from all services. That's really not a good sign for any number of reasons. It would be good to know if USAF advance teams are also being sent. That would signal preparation for a massive airlift, either of supplies, weapons, or troops. Egypt may well be (Oh, this is cheap), the straw that breaks the camel's back. -- MCR
"Mohamed ElBaradei said on Saturday it would be a 'major setback' if Washington backed Egypt's President Hosni Mubarak or his deputy to lead a new government and warned that protests could grow 'more vicious.'"
Informed rage followed by revealing testimony. – JO
Why Our National Superbowl TV Party Has Become the Last Supper for the US Empire
"Never before have so many loose strands of an unraveling empire come together in a single event accessible to those who mourn or cheer America."
Autopsy Cutbacks Reveal 'Gray Homicides'
I've talked to some cops lately. People are getting away with murder all over the place. And it's just beginning. As more and more put the pieces together, there are going to be many revenge killings and other forms of homicide. It's a dirty little secret. -- MCR
Thoughtful of them. - JO
But there's good news: It's not oil; just dead algae, bacteria and sundry other life forms. – JO
U.S. Gasoline Rises to $3.13 a Gallon, Lundberg Says
This is like the official unemployment figures, bullshit. I just drove from L.A. to the Santa Cruz mountains and I didn't see gasoline any lower than $3.48 and most of the time it was closer to $4. Are any of you guys paying $3.13 or less? – MCR
'Scores' of cuts in Obama budget
There are going to be some real shocks... and pushback. -- MCR
Obama to cut services to poor urban Americans, budget director notes
No big surprise here. Prepare. Prepare. Prepare. -- MCR
First item on council's agenda: Abolish self. - JO
American Warships Heading to Egypt
OK, it's looking like we're also planning for an opposed extraction of all embassy staff and USG personnel, along with citizens. It is also looking like very confused gunboat diplomacy. It might be possible that by treaty the USG has the right to deploy to Egyptian military bases at will.One thing we know for sure. Egypt is far from being stabilized and this crisis is not fading. – MCR
Fresh violence erupts in Tunisia
None of these revolutions are fading. – MCR
Thousands protest economic hardships and corruption in Belgrade
Yes. Yes. Do it now! But it will be nothing short of a miracle of the mainstream press actually connects the dots around the world. – MCR
Because Japan can see which side its bread will be buttered on. -- RF
Chinese Succeed With SLBM Launch: The Week Ahead
Submarine Launched Ballistic Missile.
"The hijacking of ships by pirates has risen to such an extent that there is now no safe passage out of the Arabian Gulf, an analyst has said."
OK, what have I been saying all along about piracy? It will continue to grow as the global security apparatus unravels, and governments are increasingly forced to pit their military and security resources against each other. -- RF
Harper, Obama Agree to Integrate Border - from Barry Silverthorne
Man Fined for Raw Milk Products Sales - Australia
That's not fair; those disasters were caused by the homosexual agenda. - JO
Until they develop resistance to it. - JO
Sydney 'came close to heatwave power blackout'
"A leaked email has revealed how close the Sydney CBD came to total power failure last week, as temperatures reached record highs."
There's going to be a lot of involuntary dieting. -- RF
Systemic breakdown, coming right up! -- RF
Systemic failure is here and now. -- RF