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Don’t Get Caught Holding Dollars When The U.S. Default Arrives
Key Excerpts from Article on Website of Forbes.com blog


Don’t Get Caught Holding Dollars When The U.S. Default Arrives
Forbes.com blog, July 23, 2011
Posted: 2011-08-02 16:16:52
http://blogs.forbes.com/greatspeculations/2011/07/23/dont-ge...

By some measures, the United States is even more deeply in hock than Greece. Greece’s debt-to-GDP ratio is 143%. America’s is officially 97%. But the $14.3 trillion national debt, stacked up against a $14.7 trillion economy, doesn’t tell the whole story. [It] doesn’t count the black box of bailouts. We know how much the Federal Reserve doled out in emergency loans: $16.1 trillion between Dec. 1, 2007, and July 21, 2010. We know that because yesterday the Government Accountability Office completed its first-ever audit of the Fed, made possible largely through the persistence of Rep. Ron Paul (R.-Tex.) making that audit, however incomplete, the law. What we don’t know is how much of that has been paid back. “We have literally injected about $5.3 trillion,” said Dr. Paul earlier this month during his questioning of Fed chief Ben Bernanke, “and I don’t think we got very much for it. The national debt went up $5.1 trillion.” Bernanke did not challenge those figures. Even now, Americans are turning to their credit cards to pay for groceries and gas. According to First Data Corp., the volume of gasoline purchases put on credit cards jumped 39% over the last 12 months. You don’t want to be the average American in a default scenario, whenever it arrives. Ray Dalio, the head of Bridgewater Associates, the world’s biggest hedge fund, puts that day in “late 2012 or early 2013.”

Note: A careful Internet search reveals that no one in the major media except this Forbes blog even mentioned the astonishing results of the first ever audit of the Federal reserve - $16 trillion in secret loans. To understand how the media is controlled from reporting vitally important information like this, click here. For another revealing article showing what is happening from a historical perspective and its relationship to gold prices, click here. For an article detailing who received these trillions and links to the official GAO report, click here. For critical information on the financial system kept hidden from the public, click here.


Explore our index to revealing excerpts of key news articles on several dozen topics.

Don't miss amazing excerpts from the 20 most revealing news articles ever published.

Below is a sample of just three of those 20 articles.


U.S. Military Wanted to Provoke War With Cuba
2001-05-01, ABC News
http://abcnews.go.com/US/story?id=92662

In the early 1960s, America's top military leaders reportedly drafted plans to kill innocent people and commit acts of terrorism in U.S. cities to create public support for a war against Cuba. Code named Operation Northwoods, the plans reportedly included the possible assassination of Cuban émigrés, sinking boats of Cuban refugees on the high seas, hijacking planes, blowing up a U.S. ship, and even orchestrating violent terrorism in U.S. cities. The plans were developed as ways to trick the American public and the international community into supporting a war to oust Cuba's ... Fidel Castro. America's top military brass even contemplated causing U.S. military casualties, writing: "We could blow up a U.S. ship in Guantanamo Bay and blame Cuba," and, "casualty lists in U.S. newspapers would cause a helpful wave of national indignation." The plans had the written approval of all of the Joint Chiefs of Staff and were presented to President Kennedy's defense secretary, Robert McNamara, in March 1962. But they apparently were rejected by the civilian leadership and have gone undisclosed for nearly 40 years. The Joint Chiefs even proposed using the potential death of astronaut John Glenn during the first attempt to put an American into orbit as a false pretext for war with Cuba. Should the rocket explode and kill Glenn, they wrote, "the objective is to provide irrevocable proof … that the fault lies with the Communists." The scary thing is none of this stuff comes out until 40 years after.

Note: Why was ABC the only major news source to report on this highly revealing story? Read the shocking declassified documents on Operation Northwoods. Many military and political leaders look at the world as a grand chessboard. Sacrificing pawns (innocent civilians) is sometimes necessary to capture the queen. Explore revealing news articles on military corruption. Then check out eye-opening 9/11 news articles.


Former U.S. Air Force Officers Recount Experiences With UFOs at Nuclear Missile Bases
2010-10-27, ABC News
http://abcnews.go.com/Technology/airmen-govt-clean-ufos/story?id=11738715

The U.S. government's official line may be that unidentified flying objects (UFOs) don't pose a national security threat, but a group of former Air Force officers gathered Monday in the nation's capital to tell a different story. During a press conference at the National Press Club in Washington, D.C., seven former Air Force officers once stationed at nuclear bases around the country said that not only have UFOs visited Air Force bases, some have succeeded in disabling nuclear missiles stationed there. "I want the government to acknowledge that this phenomenon exists," said Robert Salas, a former U.S. Air Force Nuclear Launch Officer. Salas said he doesn't think the UFOs he claims to have encountered had any offensive intent, but he believes they wanted to leave an impression. "They wanted to shine a light on our nuclear weapons and just send us a message," he said. "My interpretation is the message is get rid of them because it's going to mean our destruction." Other former officers recounted similar stories of unexplained moving lights and odd-shaped flying objects during their time in the service. Leslie Kean, an investigative journalist and author of the new book "UFOs: Generals, Pilots, and Government Officials Go on the Record," said thousands of pages of documentation support the officers' accounts. She spent the last 10 years researching UFOs and combing through thousands of pages of declassified government material. Kean said that one declassified document that she researched for her book, relating to the Salas incident, said, "the fact that no apparent reason for the loss of the 10 missiles can easily be identified is a cause for grave concern to this headquarters."

Note: Watch CNN coverage of this most fascinating testimony. This is not the first time government and military witnesses have testified at the National Press Club about a major cover-up of UFOs. Watch 22 witnesses testifying to remarkable personal stories in May 2001. A two-page written summary presents amazing UFO testimony from top officials. And don't miss these fascinating news articles on UFOs. What may be the best UFO documentary ever made, Out of the Blue, is also available for free viewing.


Inside the secretive Bilderberg Group
2005-09-29, BBC News
http://news.bbc.co.uk/1/hi/world/americas/4290944.stm

How much influence do private networks of the rich and powerful have on government policies and international relations? One group, the Bilderberg, has often attracted speculation that it forms a shadowy global government. Every year since 1954 [they have brought] together about 120 leading business people and politicians. At this year's meeting in Germany, the audience included the heads of the World Bank and European Central Bank, Chairmen or Chief Executives from Nokia, BP, Unilever, DaimlerChrysler and Pepsi ... editors from five major newspapers, members of parliament, ministers, European commissioners ... and the queen of the Netherlands. The chairman ... is 73-year-old Viscount Etienne Davignon. In an extremely rare interview, he played down the importance of Bilderberg. "I don't think (we are) a global ruling class because I don't think a global ruling class exists." Will Hutton ... who attended a Bilderberg meeting in 1997, says people take part in these networks in order to influence the way the world works, to create what he calls "the international common sense". And that "common sense" is one which supports the interests of Bilderberg's main participants. For Bilderberg's critics the fact that there is almost no publicity about the annual meetings is proof that they are up to no good. Bilderberg meetings often feature future political leaders shortly before they become household names. Bill Clinton went in 1991 while still governor of Arkansas, Tony Blair was there two years later while still an opposition MP. All the recent presidents of the European Commission attended Bilderberg meetings before they were appointed. Informal and private networks like Bilderberg have helped to oil the wheels of global politics and globalisation for the past half a century.

Note: Why is this meeting of top world leaders kept so secret? Why, until a few years ago, was there virtually no reporting on this influential group in the major media? Thankfully, the alternative media has had some good articles. And a Google search can be highly informative. Explore many other revealing major media news articles on powerful secret societies. And for those interested, check out reliable, eye-opening information covering the big picture of how and why these secret societies are using government-sponsored mind control programs to achieve their agenda.


The above three are excerpts from the 20 most revealing news articles ever published.

Below is a sample of the three articles most recently posted to this website.


U.S. Animal Abuse Records Deleted—What We Stand to Lose
2017-02-06, National Geographic
http://news.nationalgeographic.com/2017/02/wildlife-watch-usda-animal-welfare...

Two weeks into the Trump Administration, thousands of documents detailing animal welfare violations nationwide have been removed from the website of the United States Department of Agriculture (USDA), which has been posting them publicly for decades. These are the inspection records and annual reports for every commercial animal facility in the U.S. - including zoos, breeders, factory farms, and laboratories. These records have revealed many cases of abuse and mistreatment of animals, incidents that, if the reports had not been publicly posted, would likely have remained hidden. This action plunges journalists, animal welfare organizations, and the public at large into the dark about animal welfare at facilities across the country. The records document violations of the Animal Welfare Act, the federal law that regulates treatment of animals used for research and exhibition. Adam Roberts, CEO of Born Free USA, an animal advocacy nonprofit ... says the documents shed light on cruelty in “substandard roadside zoos, shameful animal circuses, puppy breeding factories and more.” From now on the documents will be accessible only via official requests made under the Freedom of Information Act (FOIA). FOIA requests can take months to process. That’s far too long, Roberts says. When Born Free receives welfare complaints from concerned citizens, he says the organization has always checked USDA records to see if any complaints had already been made involving the facility or animal in question.

Note: For more along these lines, see concise summaries of deeply revealing news articles about corruption in government and in the corporate world.


Revealed: FBI terrorism taskforce investigating Standing Rock activists
2017-02-10, The Guardian (One of the UK's leading newspapers)
https://www.theguardian.com/us-news/2017/feb/10/standing-rock-fbi-investigati...

The FBI is investigating political activists campaigning against the Dakota Access pipeline, diverting agents charged with preventing terrorist attacks to instead focus their attention on indigenous activists and environmentalists. Officers within the FBI’s joint terrorism taskforce have attempted to contact at least three people tied to the Standing Rock “water protector” movement in North Dakota. “The idea that the government would attempt to construe this indigenous-led non-violent movement into some kind of domestic terrorism investigation is unfathomable to me,” said Lauren Regan, a civil rights attorney. “It’s outrageous, it’s unwarranted … and it’s unconstitutional.” Regan ... said she learned of three cases in which officers with the taskforce, known as the JTTF, tried to talk to activists in person. She described the encounters as attempted “knocks and talks”, meaning law enforcement showed up at people’s doors without a subpoena or warrant and tried to get them to voluntarily cooperate with an interview. The three individuals ... asserted their fifth amendment rights and did not respond to the officers, according to Regan. All three contacts were made in recent weeks after Trump’s inauguration. Trump, a former investor in Energy Transfer Partners, the Texas-based firm behind the pipeline, took executive action in his first week in office to expedite the project. On Wednesday, workers began drilling to complete the pipeline.

Note: The FBI has a long history of violating activists' rights. The 2011 National Defense Authorization Bill broadened the definition of "supporter of terrorism" to include peaceful activists, authors, academics and even journalists. For more along these lines, see concise summaries of deeply revealing news articles on government corruption and the erosion of civil liberties.


California gets closer to requiring cancer warning label on Roundup weed killer
2017-01-27, Los Angeles Times/Associated Press
http://www.latimes.com/business/la-fi-roundup-cancer-20170127-story.html

California can require Monsanto to label its popular weed killer Roundup as a possible cancer threat even though the chemical giant insists it poses no risk to people, a judge tentatively ruled Friday. California would be the first state to order such labeling if it carries out the proposal. Monsanto had sued the nation's leading agricultural state, saying California officials illegally based their decision for carrying the warnings on findings by an international health organization based in France. Critics take issue with Roundup's main ingredient, glyphosate. It is sold in more than 160 countries, and farmers in California use it on 250 types of crops. The chemical is not restricted by the U.S. Environmental Protection Agency. But the International Agency for Research on Cancer, a Lyon, France-based branch of the U.N. World Health Organization, classified the chemical as a “probable human carcinogen.” Shortly afterward, the most populated U.S. state took its first step in 2015 to require the warning labels. Once a chemical is added to a list of probable carcinogens, the manufacturer has a year before it must attach the label. Dozens nationwide ... are suing Monsanto, claiming the chemical gave them or a loved one cancer.

Note: The negative health impacts of Monsanto's Roundup are well known. More lawsuits are building over Monsanto's lies to regulators and the public about the safety of glyphosate. Yet the EPA used industry studies while ignoring independent studies to declare Roundup safe. For more along these lines, see concise summaries of deeply revealing news articles on food system corruption and health.


The above three are excerpts from the news stories most recently posted to this website.

Explore our index to revealing excerpts of news articles on several dozen topics.

Don't miss amazing excerpts from the 20 most revealing news articles ever published.