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They Are Putting Armed Guards On Food Trucks In Venezuela

Security Guard - Public DomainWe are watching what happens when the economy of a developed nation totally implodes.  Just a few years ago, Venezuela was the wealthiest nation in all of South America, and they still have more proven oil reserves than anyone else on the entire planet including Saudi Arabia.  But now people down there are so hungry and so desperate that some of them are actually hunting dogs, cats and pigeons for food.  Just a few days ago, I gave a talk down at Morningside during which I warned that someday we would see armed guards on food trucks in America.  After that talk was done, I went back up to my room and I came across a New York Times article which had been republished by MSN that explained that this exact thing is already happening down in Venezuela… (Read More...)

Suicide, Crime, Unemployment And Poverty All Soar As The Economic Crisis In Alberta Accelerates

Canadian Flag - Public DomainThe nightmare that is currently unfolding up in Canada will soon be coming to the United States. When the price of oil first started crashing, most Americans and most Canadians applauded. Most people thought that lower gas prices would be really good for the economy. Well, it turns out that the exact opposite is true. Just like in the United States, the energy industry has been the primary engine for the growth of good paying jobs in Canada since the last recession. Up in Alberta, there was such a need for oil patch workers that even someone that had just recently graduated from high school could find an oil patch job that paid six figures during the boom times. Now the “boom” is turning into a “bust”, and huge numbers of those good paying jobs are being lost. As a result, suicide, crime, unemployment and poverty are all skyrocketing, and the mainstream media is telling us that “the worst is yet to come“. (Read More...)

Donald Trump Dares To Say That Turkey ‘Looks Like They’re On The Side Of ISIS’

Donald Trump - Photo by Gage Skidmore on FlickrDonald Trump just said something that he was not supposed to say, and it is something that Barack Obama will never admit. During an appearance on Sirius XM’s “Breitbart News Daily” on Tuesday morning, Trump stated that the Turkish government “looks like they’re on the side of ISIS more or less based on the oil”. This makes Trump the first presidential candidate to tell the truth about this to the American people. By now, just about everyone knows that ISIS is using Turkey as a home base, and I have previously written about how Turkey is “training ISIS militants, funneling weapons to them, buying their oil, and tending to their wounded in Turkish hospitals”. But a major U.S. politician, especially one running for the White House, could get into really hot water for saying these kinds of things about our NATO ally. You see, the truth is that the American people are not supposed to know that Turkey is actually on the same side as ISIS and has been facilitating the sale of hundreds of millions of dollars of oil that has been stolen by ISIS. (Read More...)

Obama Knows That Turkey Is Buying Oil From ISIS And He Isn’t Doing Anything To Stop It

Obama And Turkey - Public DomainAt this point, is there anyone that still doesn’t know that ISIS is selling hundreds of millions of dollars of stolen oil in Turkey?  As you will see below, this is very much an open secret, but the mainstream media in the United States is being strangely silent about this.  Why?  Well, because if the truth came out Turkey would have to be kicked out of NATO and Barack Obama would probably be facing impeachment proceedings.  He claims to be fighting ISIS, and yet an endless parade of trucks carrying oil that ISIS has stolen goes back and forth over the Turkish border with his full knowledge and approval.  Barack Obama is very much aware that Turkey is buying oil from ISIS and he refuses to do anything about it.  If the Republicans are looking for a scandal which could completely wreck Obama’s presidency and essentially secure the 2016 election for them, this is it. (Read More...)

Turkey: The Country ISIS Uses As A Home Base And Where It Has Sold 800 Millions Dollars Of Oil

ISIS - Public Domain
If we truly do want to get rid of ISIS, why aren’t we doing anything about the Islamic governments that are funding them, aiding them and facilitating the sale of their oil?  As you will see below, ISIS fighters hop back and forth over the Turkish border with impunity, there are “direct dealings between Turkish officials and ranking ISIS members”, and more than $800,000,000 worth of ISIS oil has been sold in Turkey.  If these things are true, action must be taken.  According to a recent Rasmussen Reports survey, 92 percent of Americans consider Islamic terrorism to be a serious threat to the United States, and a Washington Post-ABC News survey found that 83 percent of registered voters believe that a terror attack that causes a large amount of casualties inside the United States is likely in the near future.  The American people clearly want ISIS to be dealt with, so why isn’t the Obama administration doing anything to go after the state sponsors of such terror? (Read More...)

Will The Discovery Of Huge Amounts Of Oil In Israel Lead To War In The Middle East?

Israeli Tank on the Golan HeightsBillions of barrels of oil have been discovered in Israel, and this discovery could essentially make Israel energy independent for many decades to come.  But there is just one problem.  This discovery was made in the Golan Heights.  If you are not familiar with the Golan Heights, it is an area that Israel took from Syria during the Six-Day War of 1967.  The government of Israel considers the Golan Heights to now be part of Israeli territory, but the United Nations does not recognize Israel’s claim.  Instead, the UN still recognizes Syrian sovereignty over that area.  So now that massive amounts of oil have been discovered there, what will this do to tensions in the region?  Could this discovery of oil help set the stage for World War III? (Read More...)

Saudi Arabia And ISIS Both Want The Same Thing: World Domination

World Domination - Public DomainWhen ISIS released a video which showed Jordanian pilot Moaz al-Kasasbeh being burned alive, it shocked the entire planet.  The evil that it takes to do such a thing is on a level that is almost unspeakable.  In the western world, we have a very hard time understanding what would motivate anyone to take a life in such a manner.  But in the Middle East, this brand of tyranny has been percolating for a very, very long time.  The brand of Islam that ISIS seeks to impose on the areas of Iraq and Syria that it has conquered has been practiced in Saudi Arabia for centuries.  Just like ISIS, Saudi Arabia also publicly flogs those that “insult Islam”.  Just like ISIS, Saudi Arabia also beheads those that commit serious violations of sharia law.  And it is no secret that the Saudis have been pouring billions upon billions of dollars into organizations that promote jihad all over the globe.  But because they have a quarter of the world’s oil reserves and they pretend to be our friends, we don’t say anything.  They may be more subtle than ISIS, but ultimately they have the same goal as ISIS.  When it is all said and done, the Saudis and ISIS both agree that Islam will ultimately rule the world one day.  The only disagreement is about how to get there. (Read More...)

10 Shocking Quotes About What QE3 Is Going To Do To America

Ready or not, QE3 is here, and the long-term effects of this reckless money printing by the Federal Reserve are going to be absolutely nightmarish.  The Federal Reserve is hoping that buying $40 billion worth of mortgage-backed securities per month will spur more lending and more economic activity.  But that didn’t happen with either QE1 or QE2.  Both times the banks just sat on most of the extra money.  As I pointed out the other day, U.S. banks are already sitting on $1.6 trillion in excess reserves.  So will pumping them up with more cash suddenly make them decide to start lending?  Of course not.  In addition, QE3 is not likely to produce many additional jobs.  As I showed in a previous article, the employment level did not jump up as a result of either QE1 or QE2.  So why will this time be different?  But what did happen under both QE1 and QE2 is that a lot of the money ended up pumping up the financial markets.  So once again we should see stock prices go up (at least in the short-term) and commodities such as gold, silver, food and oil should also rise.  But that also means that average American families will be paying more for the basic necessities that they buy on a regular basis.  The most dangerous aspect of QE3, however, is what it is going to do to the U.S. dollar.  Most of the rest of the world uses the U.S. dollar to conduct international trade, and by choosing to recklessly print money Ben Bernanke is severely damaging international confidence in our currency.  If at some point the rest of the world rejects the dollar and no longer wants to use it as a reserve currency we are going to be facing a crisis unlike anything we have ever seen before.  The real debate about QE3 should not be about whether or not it will help the economy a little bit in the short-term.  Rather, everyone should be talking about the long-term implications and about how QE3 is going to accelerate the destruction of the dollar. (Read More...)

Why Is The Obama Administration Allowing The Chinese Government To Buy Up U.S. Oil And Gas Deposits Worth Billions Of Dollars?

If we are trying to become independent of foreign oil, then why is the Obama administration allowing the Chinese government to buy up U.S. oil and gas deposits worth billions of dollars?  This makes absolutely no sense whatsoever.  The United States desperately needs to maintain control over its own domestic energy resources so that we can end our addiction to foreign oil.  As I have written about previously, the United States actually has plenty of oil.  If we would simply use the resources that we already have, we would never have to import a single drop of foreign oil.  But instead, we continue to be the largest importer of oil on the planet and we are allowing China to rapidly buy up oil and gas deposits inside the United States.  This is fundamentally wrong and it is a serious threat to our national security.  But apparently everything is for sale in the United States today, and that includes our precious energy resources. (Read More...)