noworldsystem.com


U.S. Debt From $13T to $14T in 6 Months

U.S. Debt From $13T to $14T in 6 Months

http://www.youtube.com/watch?v=F_vFjKTBqXY

ABC Video – Jonathan Karl – June 2010

To demonstrate how quickly the national debt is growing, we are posting this clip that aired on ABC seven months ago when the debt first crossed $13 trillion. We are now past $14 trillion. Excellent reporting from Jonathan Karl, including hypocrisy from Harry Reid that confirms what you already know.

Dramatic Spikes In Food, Oil Prices Fuel Inflation Worries

http://www.youtube.com/watch?v=jFwXXYmHmAM

 



Oil Will Hit $200 After Dollar Collapse in 2012

Lindsey Williams: Oil Will Hit $200 After Dollar Collapse in 2012

NoWorldSystem.com
February 23, 2011

Pastor Lindsey Williams shares more top insider information of what the ruling-class elite have in store for America and the rest of the world. In October 2009, Lindsey Williams predicted that by the end of 2012 the U.S. dollar would collapse, he’s now saying that when it does collapse the chaos in the Middle East will skyrocket and will cause even more hatred for the United States. We would no longer be able to buy cheap oil from the Middle East, which will in turn spur a great oil-drilling rush here in the U.S. By the time that happens Americans will be paying $7-$8 for a gallon of gasoline and oil will be around $200 a barrel of oil. When we start paying that much we will begin to see a New World Currency.

Here are some excerpts from the 2/2/2011 interview on the Alex Jones Show:

“Once they get that crude oil to the price of somewhere around $200 a barrel they would have created so much chaos in the middle east.”

“They are going to double-cross the Arabs, the Arabs will lose what they’ve put in on our T-bills, when the dollar plummets all these T-bills, securities, Federal Reserve notes that the oil producing countries agreed to buy from us will become worthless.

Mr. Kissinger went abroad in 1977-81 during the Carter administration and cut a deal with every producing major oil country in the Middle East, and the deal was ‘we will buy your oil, we will no longer produce from America’s largest oil fields, we will buy from you IF you do the following: you must take a certain portion of what we buy oil from you with and buy our Federal Reserve issues of T-bills and securities. This in turn will pay for the interest on the national debt.’ Well when the dollar dies in 2012 the billions and billions of dollars worth of T-bills and federal reserve issues that had been sold to them will be worthless.”

This means that we will not be getting Arab oil anymore because they will be enraged with us, on top of that, the Muslim Brotherhood is destabilizing nation after nation in the Middle East as they did in Egypt, as it’s doing in Libya, from one nation to the other, Jordan, Tunisia, Turkey, Kuwait, Yemen, Saudi Arabia and when it hits Saudi Arabia you will have gasoline at the gas pumps $67 per gallon.”

“the elite know all of this in advance […] just about 3 to 4 months ago I said on the Alex Jones Show that there was going to be a crisis in the Middle East, they did not tell me it would be Egypt.”

“The standard currency of the world is crude oil, it’s the most important object out there. The Muslim Brotherhood are being supported by the elite of the world who have crude oil in the palm of their hands. What you saw happen Egypt, Libya, United Arab Emirates is going to spread throughout the entire Arab world. The elite of the world plan to double-cross the Middle East and OPEC nations.”

“The Muslim Brotherhood who is supported today by the elite of the world continue to cause conflict in the Middle East as they have in Egypt and in Libya and it will spread from one country to the other, none of them will be exempt.”

“I was told at the point the U.S. is not able to get our crude oil from the Middle East or for that matter any OPEC countries, the elite plan to open up America’s own oil fields that they have been sitting on for 50 years.”

“There is going to be a mad rush for oil production in America because we would not able to get it abroad, when the Arabs are double-crossed you will see America begin to produce from its own oil fields but what’s going to happen at that time you will be paying $7-$8 a gallon for gasoline and it will be $200 a barrel, our dollar would have already collapsed and they will bring in a world currency. In the end it’s all about bringing in a New World Order in order to accomplish what they want.”

“China has agreed with Russia to buy all of the crude oil and all the natural gas that they want. China will not be affected by the Middle East crisis because they are now getting their oil from Russia, U.S. will not be able to get it because they are supplying so much to China and as a result we will have to turn to our own oil fields here in America.”

“There will no no shortages on grocery store shelves, the grocery shelves will be full but you’re going to go hungry. Why are you going to go hungry? Not because there is a lack of groceries out there but because the prices are going to be too expensive.” “If you want groceries you better go to the grocery store and buy a 6 months to a year supply right now because the collapse of the dollar is going to accelerate.”

http://www.youtube.com/watch?v=U-kmI1hzbI0
http://www.youtube.com/watch?v=pa2zhJh2s3E
http://www.youtube.com/watch?v=sJNIuZOTReg
http://www.youtube.com/watch?v=JcsoWO4fctg

Oil Prices Skyrocket In Line With Williams’ Latest Revelations

Lindsey Williams: U.S. Economy Will Collapse in 2 Years

2/21/2011 Report: Gold $1,400, Silver $34, Oil $105

 



New York Stock Exchange Sold To Germany

New York Stock Exchange Sold To Germany

http://www.youtube.com/watch?v=i-bPiQ_ZnI0
http://www.youtube.com/watch?v=i-bPiQ_ZnI0

 



Obama’s $3.7 TRILLION Dollar Budget

Obama’s $3.7 TRILLION Dollar Budget: A Complete and Total Joke

Michael Snyder
February 15, 2011

Is Barack Obama trying to play a joke on all of us? The budget that the Obama administration has submitted for fiscal 2012 is so out of touch with reality that it may as well be a budget for “Narnia”, “Fantasy Island”, “Atlantis” or some other mythical land. You can view the hard numbers for Barack Obama’s 2012 budget right here. Obama’s budget assumes that the U.S. will experience economic growth of over 5 percent for most of the coming decade. That is so far-fetched that “optimistic” is not the right word for it. It also assumes that U.S. government income (primarily made up of taxes on all of us) will more than double over the next ten years. For 2011, the budget projects that the U.S. government will take in a total of 2.1 trillion dollars, and for 2021 the budget projects that the U.S. government will take in a total of 4.9 trillion dollars. For the Obama administration to assume that the federal government will be able to drain an extra 2.8 trillion dollars per year out of the American people by the year 2021 is ridicul0us beyond belief. In his new budget Barack Obama does propose some very, very modest spending cuts that he knows have no chance of getting through Congress. Barack Obama’s budget for 2012 also does not even attempt to make any cuts to entitlement programs such as Social Security and Medicare. In essence, you can sum up Barack Obama’s budget proposal for 2012 by saying that it is a complete and total joke. This budget is so delusional and so out of touch with reality that it is hard to imagine anyone taking it seriously.

Oh, but Obama is really trying to sell it hard. When Obama unveiled this new $3.7 trillion budget for 2012 at a middle school in Baltimore, he insisted that his plan will make it “so that every American is equipped to compete with any worker anywhere in the world.

Well, that is a nice sound bite, but as I have written about previously, unless Barack Obama suddenly finds a way to stop multinational corporations from paying slave labor wages to their workers on the other side of the globe the job losses in America are going to continue.

But that is a topic for another day. Getting back to the 2012 budget, Obama is proposing to cut more than a trillion dollars from federal budget deficits over the next ten years.

That sounds really good until you figure out that means that the cuts only amount to about $100 billion a year. Considering the fact that Obama’s budget is projecting that we will have a $1.6 trillion budget deficit this year alone, that really is not a whole heck of a lot to be cutting.

The truth is that Barack Obama should be proposing spending cuts that are at least ten times as large if he was actually serious about addressing our budget woes.

But at least Obama is not proposing an increase in spending.

Oh wait, he actually is.

In fact, under Obama’s budget, U.S. government spending will soar from 3.8 trillion dollars this year to 5.6 trillion dollars in 2021.

But the mainstream media is solely focusing on the budget cuts that Obama is proposing.

Apparently they are trying to cast him as some sort of “fiscal conservative”.

Try not to laugh.

But the modest cuts that Obama is proposing are at least some place to start.

Under Obama’s budget, approximately half of all government agencies will have their funding decreased from 2010 levels.

In fact, approximately 33 billion dollars would be saved by scaling back or shutting down 200 federal programs.

Of course Obama’s fellow Democrats in Congress will never go along with many of these cuts, but at least it is something.

However, this is where most in the mainstream media stop their analysis.

They don’t take a closer look at the numbers in Obama’s budget.

They don’t question the wacky economic growth assumptions.

They don’t question the bizarre government income projections.

But even with the Obama administration’s crooked numbers, the federal deficit still never drops below 600 billion dollars over the next decade and a total of 7.2 trillion dollars is still added to the national debt over the next decade.

If economic growth ends up being much lower, or if the U.S. government is not able to get twice as much money out of the American people by the end of the decade then the projections would look much, much different.

So where does the Obama administration assume all of that extra money for the government is going to come from?

Oh, from raising taxes of course.

The Obama budget assumes that there will be significant tax increases starting in the year 2013.

A recent article on CNBC summarized some of the tax increases that the Obama budget calls for….

    The plan unveiled Monday includes tax increases for oil, gas and coal producers, investment managers and U.S.-based multinational corporations. The plan would allow Bush-era tax cuts to expire at the end of 2012 for individuals making more than $200,000 and married couples making more than $250,000.

    Wealthy taxpayers would have their itemized deductions limited, including deductions for mortgage interest, charitable contributions and state and local taxes.

There are many liberals (such as my friend Gary) that would love to see these tax increases go into effect, but Obama knows that there is no chance that they will ever see the light of day unless the Democrats retake the House of Representatives.

But most of Obama’s budget for 2012 is based on things that simply never even have a chance of happening.

The reality is that Obama’s budget for 2012 is a great work of fiction.

Meanwhile, the U.S. government continues to accumulate staggering amounts of debt.

In fact, Obama’s budget admits that we will witness the biggest one year debt increase in history this year.

In 2011, the gross federal debt with surpass 15 trillion dollars. In fact, it is being projected by some analysts that this will be the year when the debt finally becomes larger than the size of the entire U.S. economy.

Ouch.

But Obama insists that he is taking this debt problem very seriously.

Obama insists that he is committed to making “deep” cuts.

In fact, as he announced this new budget Obama stated that these budget cuts hit “many programs whose mission I care deeply about, but meeting our fiscal targets while investing in our future demands no less.”

Do any of you actually believe him?

Not that the Obama administration is in an easy position. The truth is that the U.S. government (both Republicans and Democrats) have been horribly irresponsible with our money for decades.

The 14 trillion dollar national debt problem that we have now did not develop overnight.

Neither will it be solved overnight.

But Obama is not even trying to address the tough issues such as Social Security and Medicare.

The truth is that the federal debt problem cannot be solved without addressing our out of control entitlement programs.

So why didn’t Obama address them in his budget?

Well, the reality is that Obama is not stupid. Social Security and Medicare are political sacred cows. Obama is not going to do anything at this point that would cost him millions of votes in 2012.

So Barack Obama ignored most of the $4 trillion in budget cuts recommended by the White House-appointed deficit commission.

It kind of makes you wonder why Obama ever appointed a “deficit commission” in the first place.

One area that Obama does attempt to cut in his new budget is military spending. Obama’s budget for 2012 sets military spending at 5 percent below what the Pentagon requested for 2011.

In fact, Obama’s defense budget would slash military spending by $78 billion over the next five years.

His budget also assumes that we are not going to get involved in any more wars, which is not necessarily a safe assumption.

So will these military spending cuts actually get through Congress?

Not likely.

The Republicans control the House of Representatives, and they are not likely to take too kindly to large cuts to the defense budget.

In fact, the truth is that not too many of Barack Obama’s spending cuts are likely to survive in Congress.

As a recent article on CNN explained, Barack Obama’s budget plan must navigate a vast array of congressional committees in the coming months and by the time it emerges it is likely to be radically changed from its current form….

    Before it gets back to Obama’s desk for a signature, the spending blueprint will go through no less than 40 congressional committees, 24 subcommittees, countless hearings and a number of floor votes in the House and Senate.

As our Congress critters have demonstrated over and over and over, they love to spend our money on some of the most wasteful things imaginable.

For example, a total of $3 million has already been granted to researchers at the University of California at Irvine so that they can play video games such as World of Warcraft.

Something seems to happen to people who get elected to Congress. Almost all of them seem to develop an addiction to spending our hard-earned money.

Let us hope that something changes in that regard, because right now government debt is completely and totally out of control.

In fact, the U.S. national debt is currently increasing by approximately 4 billion dollars every single day.

In the end, if something is not done about all this debt it will destroy the entire U.S. financial system.

But our politicians just keep putting it off and putting it off.

Eventually we will reap what we have sown. Debt is a very cruel master, and nobody can run from it forever – not even the U.S. government.

Obama Pencils In $37 Billion Budget Increase For DHS, Naked Body Scanners

 



Trump: Ron Paul Has No Chance of Beating Obama

Trump: Ron Paul Has No Chance of Beating Obama

http://www.youtube.com/watch?v=H_-0hMID67A

Trump: We Need 25% Tax on China Imports

http://www.youtube.com/watch?v=3pqkOr94TAc

 



Super Bowl flyover costs taxpayers $450,000

Super Bowl flyover costs taxpayers $450,000

khou.com
February 8, 2011

http://www.youtube.com/watch?v=oJJP2Kja0go

ARLINGTON, Texas — The ritual at a sporting event is both heart-rending and familiar: The performance of the national anthem, followed by a thunderous flyover by military aircraft.

At this year’s Super Bowl, five Navy F-18s are traveling all the way from Virginia Beach, Virginia for the ceremony at Cowboys Stadium in Arlington. The domed arena will be closed. The spectators inside will not see it. The five-second shot will be shown on TV.

The U.S. Navy says the cost to bring the formation of four planes, plus a backup, to North Texas is $109,000 in fuel. According to Department of Defense tables, the entire cost will be more than $450,000, based on the operational cost of the F-18 aircraft and the number of hours the pilots will fly.

The same kind of F-18 fighter operates out of the Joint Reserve Base in Fort Worth, less than 20 miles from the stadium.

 



Total Cost Of Wars Exceeds $2.5 Trillion

Total Cost Of Wars Exceeds $2.5 Trillion – No Worries! US Media ‘Fluff’ Numbing Nation, Robbing Next Generation

The Daily Bail
February 8, 2011

http://www.youtube.com/watch?v=56zcUcjpzsY

Thus far, the war in Iraq has cost over $740,000,000,000 — but the cumulative cost could be between two and three trillion dollars. The war has caused the death of over 4,400 American troops, and left more than 31,000 wounded.

Video – Americans consider the wars in Iraq and Afghanistan among the less important problems facing their country – according to a recent opinion poll. That’s despite thousands of U.S. soldiers killed in action and more than one trillion dollars spent. But as RT’s Lauren Lyster reports it may be the mainstream media that decides what really matters for the public…

What does a Trillion dollars look like?

http://www.youtube.com/watch?v=GNFb6qe7Tmg