Famous Investor Marc Faber: ‘Buy Farmland And Gold’ – ‘Prepare For a Dirty War’

“When I tell people to prepare themselves for a dirty war, they ask me: “America against whom?” I tell them that for sure they will find someone.”
– Marc Faber

I told you before that after bankrupting America and destroying the dollar the plan of the elite is to start WWIII.

There are also other forces at work that try to stop this, but you need to prepare yourself now, in case the elitists get their way.

I am not talking about preparing yourself out of fear. Not so many years ago preparedness was common sense.


marc-faber

The world’s most powerful investors have been advised to buy farmland, stock up on gold and prepare for a “dirty war” by Marc Faber, the notoriously bearish market pundit, who predicted the 1987 stock market crash.

The bleak warning of social and financial meltdown, delivered today in Tokyo at a gathering of 700 pension and sovereign wealth fund managers.

Dr Faber, who advised his audience to pull out of American stocks one week before the 1987 crash and was among a handful who predicted the more recent financial crisis, vies with the Nouriel Roubini, the economist, as a rival claimant for the nickname Dr Doom.

Speaking today, Dr Faber said that investors, who control billions of dollars of assets, should start considering the effects of more disruptive events than mere market volatility.

“The next war will be a dirty war,” he told fund managers: “What are you going to do when your mobile phone gets shut down or the internet stops working or the city water supplies get poisoned?”

His investment advice, which was the first keynote speech of CLSA’s annual investment forum in Tokyo, included a suggestion that fund managers buy houses in the countryside because it was more likely that violence, biological attack and other acts of a “dirty war” would happen in cities.

He also said that they should consider holding part of their wealth in the form of precious metals “because they can be carried”.

One London-based hedge fund manager described Mr Faber’s address as “excellent, chilling stuff: good at putting you off lunch, but not something I can tell clients asking me about quarterly returns at the end of March”.

Read moreFamous Investor Marc Faber: ‘Buy Farmland And Gold’ – ‘Prepare For a Dirty War’

US: Wealth Disparities Approaching 1920s Levels

I have told you many times in the past that the policies of the Fed and the US government, that are controlled by the elite, are all about destroying the middle class, bankrupting America, destroying the dollar and turning the US into a Third World country.

They have almost made it! They are very close now to ‘mission accomplished’, if they are not stopped right now.

This crisis has only just begun.

“When a country embarks on deficit financing and inflationism you wipe out the middle class and wealth is transferred from the middle class and the poor to the rich.”
– Ron Paul

Related article: STUDY: US Income Inequality Is At An All-Time High


This graph was an eye opener for me (not that I should be surprised):

wealth-disparities-in-us-approaching-1920s-levels

My Take:

What a time to be an oligarch! All I wanted to do was vomit when I saw this.

Folks, there is no way we can have economic prosperity in this country when the top 1% has all of the money. The middle class is basically being destroyed right in front of our very eyes. Consumption economies die when the consumers have no money to consume!

I see growing signs of desperation and anger as the wealth of this nation continues to get transferred to the elite of this nation.

People are starting to “lose” it as a result. This past week’s airplane event in Austin was a disturbing development. I must admit that I really am not surprised. The government shouldn’t be either.

Things are only going to get worse in the violence department as the taxpayers continue to get violated and more desperate as a result of this economic cataststrophe. The news media tried to downplay the actions in Austin.

I think Washington was both surprised and concerned about what took place in Texas.

I have to ask: Should the government really be surpised that an American flew a plane into an IRS building in a fit of rage as we all get repeatedly fleeced by the political and social elites of this country?

Let me preface all of this by saying violence is not the answer here. However, why shouldn’t every American be infuriated by what has ocurred since this crisis began?

All the government has done is bail out Wall St. continuously since 2008. My guess is the disparity of wealth in this chart would look even worse if it included 2009. The rest of America has basically been ignored minus a few housing programs to help lower mortgage payments.

That’s what’s been so frustrating about this whole crisis and America is finally starting to get it. Just about ALL of the steps that have been taken by the government to help fix this crisis have involved throwing more and more money to the financial elites of this country. I mean, the examples are endless: TARP, AIG, Bank of America, Citi, Freddie, Fannie …. Need I say more?

The sheeple are finally realizing that the money is not trickling to them like Washington had promised when they threw billions to the banks. The people have only seen things get worse while Wall St. has prospered. They now want to know where their friggin’ bailout is!

They are also realizing that the goverment’s actions since this all started in 2007 have done nothing but drop the yields on their CD’s to 0%. Gee thanks!

Let’s not forget that the sheeple/middle class were also victimized by Wall St. as they were gamed into buying homes they couldn’t afford. When this fantasy came crashing down they were again violated as they saw their 401k’s get cut in half.

The people of this country can only take so much before they start going postal!

In fact:

The Wall St Journal had an article out yesterday around the increasing threats of violence against the IRS:

WASHINGTON-The federal agency charged with ensuring the safety of IRS employees said it has seen an uptick in the past several years in threats against agency personnel.

In the past four years, there appears to have been a “steady, upward trend” in the number of threats against IRS employees, said an official with the Treasury Department’s Inspector General for Tax Administration. That assessment, offered in response to an inquiry from Dow Jones Newswires, is based on preliminary data, the official cautioned.

The middle class in starting to feel like that pledge in the movie Animal House who says “thank you sir may I have another” after getting repeatedly paddled by his brothers.

Read moreUS: Wealth Disparities Approaching 1920s Levels

Dutch PM: Troops to leave Afghanistan in August

Related articles:

Dutch exit could leave key Afghan area vulnerable (Washington Post)

Dutch Government Has Collapsed In Dispute Over Afghanistan (BBC NEWS)


dutch-troops-to-leave-afghanistan-as-planned_pm The Dutch troops were to have returned in 2008

A day after his cabinet collapsed, the Dutch prime minister says he expects Dutch troops to end their mission in Afghanistan in August as expected.

“If nothing else will take its place, then it ends,” Jan Peter Balkenende told Dutch television.

The cabinet fell after the two largest parties failed to agree on a Nato request to extend the tour of the almost 2,000-strong Dutch contingent.

A Nato spokesman said it would provide support to Afghans whatever happened.

The uncertainty over their deployment comes as Nato, US and Afghan forces are engaged in a large military offensive against the Taliban in neighbouring Helmand.

The governor of Uruzgan province said peace and reconstruction efforts would suffer a setback if the Dutch left.

Asadullah Hamdam told the BBC they were playing a vital role building roads, training the Afghan police and providing security for civilians.

“If they withdraw and leave these projects incomplete, then they will leave a big vacuum,” he added.

Read moreDutch PM: Troops to leave Afghanistan in August

Gordon Brown Praises New World Order (19 Feb 2010)

The government and the Bank of England are bankrupting the UK and destroying the pound, forcing the New World Order as SOLUTION upon the people.

Replacement:


Added: 19. Februar 2010

The government and the Bank of England are destroying the UK:

Britain At Risk Of Worse Government Debt Crisis Than Greece

UK Annual Inflation Jumps, Prompts Bank Of England Explanatory Letter

Societe Generale chief strategist Albert Edwards: Greek bailout only delays ‘inevitable’ Eurozone breakup

Societe Generale Chief Strategist Albert Edwards: Theft! Were the US & UK central banks complicit in robbing the middle classes?

Marc Faber on CNBC: All Governments Will Default On Their Debt, Including The US

PIMCO’s Bill Gross: UK a ‘must to avoid’ as its debt lies ‘on bed of nitroglycerine’ (!!!)

Bank of England’s ‘nerves’ to be tested as inflation jumps most on record in December

Fitch warns: Britain and France risk losing their AAA rating

Moody’s warns of ’social unrest’ as sovereign debt spirals … because of bankster bailouts

UK taxpayers face £2 trillion unfunded pensions liability, more than £80,000 for every household

Moody’s: Top US And UK Debt Ratings May ‘Test The Aaa Boundaries’

Treasury Pre-Budget Report Warning: UK ‘Faces Decades of Debt’

Morgan Stanley: Britain risks sovereign debt crisis in 2010

OECD warning: Britain risks ‘debt spiral’

“There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt.” – John Adams

Dutch Government Has Collapsed In Dispute Over Afghanistan

dutch-forces Dutch forces have been in Uruzgan since 2006

The Dutch government has collapsed over disagreements within the governing coalition on extending troop deployments in Afghanistan.

After marathon talks, Christian Democratic Prime Minister Jan Peter Balkenende announced that the Labour Party was quitting the government.

He offered his government’s resignation to Queen Beatrix in a telephone call.

The premier had been considering a Nato request for Dutch forces to stay in Afghanistan beyond 2010.

But Labour, the second-largest coalition party, has opposed the move.

Just under 2,000 Dutch service personnel have been serving in the southern Afghan province of Uruzgan since 2006, with 21 killed.

Read moreDutch Government Has Collapsed In Dispute Over Afghanistan

Britain At Risk Of Worse Government Debt Crisis Than Greece

Britain is at risk of a Government deficit crisis worse than that of Greece, sparking serious fears over the economic stability of the country.

britain-at-risk-of-worse-deficit-crisis-than-greece
Economists said that the scale of the shortfall in the budget could this year mount to above £180 billion Photo: PA

In surprise news which sent the pound sliding on Thursday, official figures showed that the Government borrowed £4.3 billion last month.

It was the first time since 1993 that the public finances had gone into the red in January – a month in which tax revenues usually push the Exchequer into the black.

Economists said that the scale of the shortfall in the budget could this year mount to above £180 billion – higher than even the Chancellor’s forecast of a record £178 billion.

Such a deficit would, at 12.8 per cent of British gross domestic product, be even greater than the deficit faced in Greece, which is facing a full-scale fiscal crisis and may need to be bailed out by fellow euro nations or the International Monetary Fund.

The public borrowing figures coincided with further bad news from the housing market, as the Council of Mortgage Lenders reported that mortgage lending dropped last month by 32 per cent, hitting the lowest monthly total in a decade.

The Bank of England also reported a decline in lending to businesses, indicating that the economic slowdown is far from over.

The poor economic figures came as a major blow for the Chancellor, Alistair Darling, coming a month ahead of the Budget, which he had hoped would provide proof that the economy was finally on the mend.

The news also came ahead of Gordon Brown’s unofficial launch to the Labour election campaign, which the Prime Minister hopes to base on his party’s economic record and policies. (ROFL!)

Read moreBritain At Risk Of Worse Government Debt Crisis Than Greece

Federal Reserve fires gun on US exit strategy as it raises discount rate to 0.75pc

See also:
Federal Reserve Inflicts Maximum Pain By Changing Terms In Front of OpEx AGAIN


The Federal Reserve has officially begun the US “exit strategy” from its emergency economic support measures of the past two years, raising the rate at which American banks can borrow money.

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Ben Bernanke – it is first time one of the “big three” central banks has tightened policy since the crisis began Photo: AP

The US central bank, chaired by Ben Bernanke, raised the so-called discount rate from 0.5pc to 0.75pc at the request of its 12 regional member banks.

The move is highly significant, marking the first time one of the “big three” central banks has tightened policy, rather than merely mooting it, since the crisis begun. Although Mr Bernanke had flagged it as a possibility a week ago, saying that he would consider such a move “before long”, the decision caught some investors by surprise, with Dow futures falling 65 points to 10,310, coming as it did after normal market hours, and unconnected to a scheduled meeting of the Federal Open Markets Committee (FOMC).

The change was the first move in US interest rates since December 2008, when the Fed lowered the discount rate – the price at which banks emergency money from the Fed – to 0.5pc and lowered its main federal funds interest rate to a range of 0-0.25pc.

Read moreFederal Reserve fires gun on US exit strategy as it raises discount rate to 0.75pc

Former Top US Officials Fend Off Simulated Cyberattack

cyber-war
“Cyber war!” flashes on the screen at an Internet security conference

(AFP) WASHINGTON — Former top US officials staged a digital doomsday simulation on Tuesday in which a huge cyberattack crashes cellphone networks, slows Web traffic to a crawl and plunges major cities into darkness.

Dubbed “Cyber ShockWave,” the elaborate exercise was held in a Washington hotel room transformed for the day into the White House Situation Room, where the president and his advisers typically meet to address national emergencies.

Former president George W. Bush’s Homeland Security chief Michael Chertoff played the role of National Security Advisor as the “cabinet” sought to respond to a nightmare scenario drawn up by former CIA director Michael Hayden.

As the “crisis” escalated, the officials discussed various actions including calling out the National Guard, nationalizing the utility companies and staging a retaliatory strike if the authors of the cyberattack become known.

“If this is an attack on the United States the president, as commander in chief, has the authority to use the full powers at his disposal,” said former deputy attorney general Jamie Gorelick, in her role as attorney general.

Read moreFormer Top US Officials Fend Off Simulated Cyberattack

CNN: Austin plane crash was deliberate – Confirmed Suicide Letter Written By Joe Stack



(CNN) — An Austin, Texas, resident with an apparent grudge against the Internal Revenue Service set his house on fire Thursday and then crashed a small plane into a building housing an IRS office with nearly 200 employees, officials said.

Federal authorities identified the pilot of the Piper Cherokee PA-28 as Joseph Andrew Stack, 53.

Two people were injured and one person was missing, local officials said. There were no reported deaths.

A message on a Web site registered to Stack appears to be a suicide note.

See iReport photos and videos from the scene

“If you’re reading this, you’re no doubt asking yourself, ‘Why did this have to happen?’ ” the message says. “The simple truth is that it is complicated and has been coming for a long time.”

In the lengthy, rambling message, the writer rails against the government and, particularly, the IRS.

See text of the note (PDF)

The building into which the airplane crashed is a federal IRS center with 199 employees.

February 18, 2010 — Updated 2012 GMT (0412 HKT)

Full article: CNN


Here is the suicide letter in full:

If you’re reading this, you’re no doubt asking yourself, “Why did this have to happen?”  The simple truth is that it is complicated and has been coming for a long time.  The writing process, started many months ago, was intended to be therapy in the face of the looming realization that there isn’t enough therapy in the world that can fix what is really broken.  Needless to say, this rant could fill volumes with example after example if I would let it.  I find the process of writing it frustrating, tedious, and probably pointless… especially given my gross inability to gracefully articulate my thoughts in light of the storm raging in my head.  Exactly what is therapeutic about that I’m not sure, but desperate times call for desperate measures.

We are all taught as children that without laws there would be no society, only anarchy.  Sadly, starting at early ages we in this country have been brainwashed to believe that, in return for our dedication and service, our government stands for justice for all.  We are further brainwashed to believe that there is freedom in this place, and that we should be ready to lay our lives down for the noble principals represented by its founding fathers.  Remember? One of these was “no taxation without representation”.  I have spent the total years of my adulthood unlearning that crap from only a few years of my childhood.  These days anyone who really stands up for that principal is promptly labeled a “crackpot”, traitor and worse.

While very few working people would say they haven’t had their fair share of taxes (as can I), in my lifetime I can say with a great degree of certainty that there has never been a politician cast a vote on any matter with the likes of me or my interests in mind.  Nor, for that matter, are they the least bit interested in me or anything I have to say.

Why is it that a handful of thugs and plunderers can commit unthinkable atrocities (and in the case of the GM executives, for scores of years) and when it’s time for their gravy train to crash under the weight of their gluttony and overwhelming stupidity, the force of the full federal government has no difficulty coming to their aid within days if not hours?  Yet at the same time, the joke we call the American medical system, including the drug and insurance companies, are murdering tens of thousands of people a year and stealing from the corpses and victims they cripple, and this country’s leaders don’t see this as important as bailing out a few of their vile, rich cronies.  Yet, the political “representatives” (thieves, liars, and self-serving scumbags is far more accurate) have endless time to sit around for year after year and debate the state of the “terrible health care problem”.  It’s clear they see no crisis as long as the dead people don’t get in the way of their corporate profits rolling in.

And justice? You’ve got to be kidding!

Read moreCNN: Austin plane crash was deliberate – Confirmed Suicide Letter Written By Joe Stack