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Showing posts from November, 2013

China Announces That It Is Going To Stop Stockpiling U.S. Dollars

China just dropped an absolute bombshell, but it was almost entirely ignored by the mainstream media in the United States.  The central bank of China has decided that it is "no longer in China’s favor to accumulate foreign-exchange reserves".  During the third quarter of 2013, China's foreign-exchange reserves were valued at approximately $3.66 trillion .  And of course the biggest chunk of that was made up of U.S. dollars.  For years, China has been accumulating dollars and working hard to keep the value of the dollar up and the value of the yuan down.  One of the goals has been to make Chinese products less expensive in the international marketplace.  But now China has announced that the time has come for it to stop stockpiling U.S. dollars.  And if that does indeed turn out to be the case, than many U.S. analysts are suggesting that China could also soon stop buying any more U.S. debt.  Needless to say, all of this would be very bad for the United States.

Sandy Hook Report: Police Waited 5 Minutes to Enter School

It took police about 4 minutes after the first 911 call at 9:35 a.m. Dec. 14, 2012, to arrive at the scene of Sandy Hook Elementary School, and Adam Lanza is believed to have killed himself about a minute after they arrived on scene. Police waited another five minutes before entering the building, where they found 20 children and six educators dead from Lanza’s gunfire and two more educators injured. Police were in part distracted by the scene outside, which included encountering an “unknown male running” along the east side of the school with “something in his hand.” The timeline is detailed in a long-awaited report released by the state’s attorney’s office in Danbury on Monday. Read more: here

Federal Student Loans Surpass $1 Trillion; Delinquency Rate Soars To All Time High

There is a reason why US consumer revolving (credit card) credit growth is getting lower and lower and lower and at last check posted a mere 0.2% annual increase . That reason is that as the NY Fed disclosed moments ago , federal student loans officially crossed the $1 trillion level for the first time ever. Notably: the quarterly student loan balance has increased every quarter without fail for the past 10 years ! More here

Selena Gomez Loves TSA Groping, selling the police state

In her recent hit song “Slow Down,” pop princess Selena Gomez attempts to make TSA molestation sound sexy and trendy. Gomez sings; Now that I have captured your attention. I wanna steal you for a rhythm intervention. Mr. TSA, I’m ready for inspection. Show me how you make a first impression. What kind of sick deviant would think that being groped by a blue-gloved TSA goon could in any way be sexy? What’s next? Is Selena going to regale us with tales of how alluring it is to be molested by a rapist?  More: here

Was the LAX shooter TSA or Passenger?

The LAX TSA shooting story is beginning to fall apart as the government and its propaganda dispensing media jostle to exploit the incident as a pretext to further militarize TSA procedures and also demonize official enemies, including Alex Jones and Glenn Beck. In similar fashion to the government generated narrative on the Boston Bombing and “active shooter” incidents over the last two years, the cover story for the murder of a TSA agent in Los Angeles has a number of glaring incongruities and oddities. It was initially reported that the shooter was a fellow TSA agent. “Law enforcement sources told the Los Angeles Times that the gunman was a Transportation Security Administration employee at LAX,” the media reported shortly before noon on Friday. “The gunman was killed by authorities after he opened fire Friday morning. He allegedly shot and killed a fellow TSA employee.” Less than an hour later, it was reported that a “federal law enforcement official said that the