February 16, 2012

Repression Grows As Economy Slows

POLICE STATE AMERICA : US Police Officer Kills Marine in Front of his Children in California

As the economic times get tougher - expect the level of brutality by State agents to get even rougher. It isn't so much that such behavior is okayed by the authorities - rather, it will become more difficult to have them rein in their enforcers, who are seen more as protectors of the State than the ordinary citizen. Holding them to account will prove almost impossible without incontrovertible evidence and the recording of State agents will become far more hazardous (to the photographer) than it is today. The laws are already inequitable, being written in such a way as to excuse the use of lethal force by any officer who feels that their life is in danger (whether real or imagined), a defense not available to the rest of society. Laws also discourage coming to the aid of someone subjected to police brutality!

Discussions are already underway - behind closed doors - for the disarming of the civilian population. Such a move - to be implemented only after the incumbent gets his coveted second term, will render the public not only defenseless against criminal elements, but also any general roundup by the State. Meanwhile, even during this brief lull before the depression resumes in full force later on in the year, heartbreaking stories of human suffering surface as many disappear into the now deepening cracks!

Such hard-times stories are not given the prominence they should have by the establishment media, who seem more interested in reporting only State propaganda of a recovery based on phony figures! To get a firsthand view of what life is really like for a great many, check out the videos and articles!

Global Research, February 11, 2012

2012 is going to be a difficult year, but not as dreadful as anticipated. The neutralization process, as usual, we covered over by the availability of money and credit. We have already seen that via Fed $1 trillion loans to the ECB and the admission by the Fed that QE 3 is on the way. In Europe banks have borrowed $3.2 trillion and they find they will need $1 trillion more. These borrowings are more than troubling and indicate that there are 523 banks in Europe in serious trouble.

We have predicted a reversal of our GDP estimates of early December. In late December we knew the game had changed dramatically with the introduction of the Fed’s loan to the ECB. Thus, the minus 1-1/2% to 2% negative growth to gains of 1-1/2% to 2%. We see part of the European bank funds moving into US Treasuries to provide collateralization for more ECB loans and the introduction of QE 3, which we believe will aggregate about $800 billion. If you put that together with a possible $300 billion from European banks you have $1.1 trillion. That should carry the US market far into next year.

World elitists have chosen their path that is jam money and credit into the system until it won’t take it anymore and hyperinflation explodes. This is well borne out by scores of trillion dollar loans created out of thin air and now QE 3 and how many QE’s beyond that. You ask how long the Fed can buy 80% Treasuries? The answer is almost indefinitely until, of course, the bottom falls out.

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