Monday, February 7, 2011

La Grande Intifada UPDATER

Just the past 48 hours:

ITALY

The Bernank - Debt Ceilings and Monetary Bulldust

I have a problem with the term Debt Ceiling ... it is not a ceiling if every time you get near it you simply raise it ... the US is about to reach a point in which it has SO much debt that it will reach the legal limit that congress places on US Govt Debt ... $14.3 TRILLION [disinfo - the real debt figure is actually WAY higher] ...

The Bernank said on Thursday (3rd Feb) that not raising the so called ceiling would put the US “into a position of defaulting on its debt and the implications of that, for our financial system, for our fiscal policy, for our economy, would be catastrophic."

Well Bernank the truth is that if you raise the ceiling and print even more money then the result for the ENTIRE WORLD will be catastrophic and the US (if you give a stuff) will face more pain as a result than we can possibly imagine [SockRatEz says: blatant disinfo Ferretous - we can totally imagine it!] Food prices around the world are already at their highest since records have been kept as a result of Bernank policies (look up QE, QE2 and QE to June - QE, the disinfo term for money printing). We are seeing the result of that catalyst around the world in the form of protests and revolutions.

Debt Ceiling? Disinfo
QE? Disinfo
Default will be catastrophic - Diversion disinfo, it will be catastrophic either way ...