Newbill Emails 10-28 to 11-8-2012

By Tony Newbill

Edited by John R. Houk

Posted December 5, 2012

I have the bad habit of collecting emails of those who send them to me in voluminous amounts. Tony Newbill definitely fits that category. I was going to place the Newbill emails in one post. Unfortunately in the process of editing I decided there was too much content for one post. So below are the emails from October 28 culminating with November 8^th.

Newbill touches on a number issues including Benghazigate, Obama sympathy for Radical Islam, impending economic disaster with a bit of New World Order stuff. Enjoy.

JRH 12/5/12

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How the Libyan Crisis Unfolded and Why

10/28/12

Here is how the Libyan Crisis unfolded and why. You will see and hear the breakdown of the detail on the compound where the Weapons were in my assessment being held as they were gathered up from various locations and from those who had them in the country. Go to this video and start watching at 2:50:  

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

The security for these weapons were probably seen by the Obama Muslim Brotherhood ran operation as adequate [for] using the military there as the detail, but like anyone obviously they were bought off. And this gave way to the breakdown in security and the attack of the embassy. They did not do all this for no reason...

Obama is following the lead of the Globalists who want to walk world societies into a One Class One World Order. They are enabling an Enemy of the USA and that Enemy is the Muslim Brotherhood as the Globalist pawn. Obama let the Muslim Brotherhood into his Administration and they are who has been running the US foreign policy that enabled the ARAB Spring as Obama sat back. But now as with any Transition of Power within the ranks even radicals have Power struggles and that’s what happened in Libya as the four Americans were caught in the Middle of a Power struggle between the Rogue factions fighting over who was going to get those weapons that Gaddafi had and I bet the Seals and some Libyan forces were sitting on a cache of these weapons where the fire fights took place because they were moving around in a area of building as the fire fight took place. But once those weapons were taken by the Rebel factions, it’s funny that NOW this News comes out a couple weeks later:

http://www.cnbc.com/id/49243050/Syria_accuses_U_S_France_of_arming_funding_terrorists   

Like the Obama administration is going to try and buy these weapons [publicly to place them] into the hands of al-Qaida rebels in Syria. That’s why Obama is trying to cover-UP [Benghazigate] is MY assessment!!!!

But the Bigger goal of all this Transition of Power over to a Rogue radical group in the Middle East is to force a rejection of the Dollar as the Petrol Dollar OPEC Uses to price their OIL. And by Obama doing these things this way he would be able to stay out of the Loop on this destabilization. And then Obama can stand up after the OPEC Nations declare the Dollar rejected as their settlement currency that will then lead the BRIC Nations to follow in the same manner. And then Obama would say, “see I told you the capital System Never has worked and never will work because it’s a System that does not redistribute Fairly and equally the resources or we would not have these conflicts between interests and nations.” And at the same time Obama will then have the FREE markets in a state of collapse and then he can nationalize the System of FREE Enterprise and with it FREEDOM as a whole!!!!!

This is the Goal of the Liberal Environmentalist Marxist Bolsheviks’ plan to save Earth from their ideological perception of capitalism killing earth. And these Leftists are willing to empower any means to accomplish this Goal and we see the events going on in the world that will bring these means to an end. They all say the ends justify the means right??? But what will happen is a total breakdown of global security in terms of supply consistencies? This will affect everyone even the Globalists.  

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WHY WOULDN'T Obama send in the Forces to save this Guy and his security DETAIL?

Tony Newbill

Sent: 10/28/2012 12:34 PM

WHY WOULDN'T Obama send in the Forces to save Stevens and his security DETAIL????? When you watched this Video it absolutely will make you want to CRY WHY!!!! Christopher Stevens US ambassador to Libya killed:

http://www.youtube.com/watch?v=keAn2jGyB78&feature=endscreen&NR=1

Judge Jeanine asks White House: ‘How do you sleep at night?’

Here’s my HERO: Judge Jeanine asks White House: 'How do you sleep at night?'

Pirro: Obama administration parading lies about Libya

Fox News Video – Judge Janine: http://tinyurl.com/a98nnmu

Fox News Video - Judge Jeanine: Libya 'cover-up' continues: http://tinyurl.com/adclser

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SANDY, HAARP and the Talk in Russia

Tony Newbill

Sent: 10/31/2012 9:33 AM

Check out what the Russians are saying about HAARP:

http://www.wired.com/dangerroom/2008/01/russian-journal/

Big Government Disease called Ideology

Grants, Research testing, GEO engineering, Bureaucracy and Politics is what causes Big Government Disease called Ideology. We the people must fight the disease with the only remedy we have available …. VOTE out the DISEASE called Ideology that strays too far away from the Laws that BIND us together.

[SlantRight Editor: Well we know that either a majority of voters are content with this disease or Conservatives failed to show-up to the polls]

Here are some links to a Very Diseased Government:

http://www.haarp.alaska.edu/  

http://www.haarpstatus.com/status.html

http://www.liveleak.com/view?i=92e_1351632149

https://ams.confex.com/ams/29Hurricanes/techprogram/session_24276.htm

http://www.wired.com/dangerroom/2008/01/russian-journal/

http://journals.ametsoc.org/doi/abs/10.1175/BAMS-D-11-00147.1

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Right Now America

Sent: 11/1/2012 11:08 AM

Pay attention to the credits ….

VIDEO: http://www.youtube.com/watch?v=pSOYqqlsFV4

Posted by 80s4VA

Oct 18, 2012

My personal Ad for 2012 hope you like it - Information also on links below.

Obama's Hostility towards people of Faithhttp://www.wallbuilders.com/LIBissuesArticles.asp?id=106938

Obama's biggest tax Increase in Historyhttp://online.wsj.com/article/SB10001424053111904353504576567460396287134.html

http://nation.foxnews.com/obama-taxes/2012/09/27/comprehensive-list-obama-tax...

http://www.csmonitor.com/USA/DC-Decoder/Decoder-Wire/2012/0417/Enjoy-tax-day-...

http://www.naifanet.com/303528/Taxageddon.pdf

http://www.foxnews.com/politics/2012/04/17/taxmageddon-coming-answer-could-co...

Obama's Debthttp://sg.finance.yahoo.com/blogs/daily-ticker/u-government-debt-grows-10-mil...

Obama's Executive Ordershttp://www.eurasiareview.com/30092012-obamas-tyrannical-executive-orders-oped/
Pages 1-15
http://www.whitehouse.gov/briefing-room/presidential-actions/executive-orders...

Obamas Military Infohttp://live.armedforcesjournal.com/2008/10/3690861/

http://blog.heritage.org/2010/01/29/a-shrinking-navy/

http://www.youtube.com/watch?v=16ElmWxTK6A

http://www.youtube.com/watch?v=WhOnIAXY1yY&hd=1

Top Ten Presidential Lies during second debatehttp://www.breitbart.com/Big-Government/2012/10/17/Top-Ten-Lies-of-the-Second...

Historian David Barton on Obamahttp://www.wallbuilders.com/LIBissuesArticles.asp?id=106938

http://votingamerican.wordpress.com/2011/06/17/dr-david-barton-on-why-preside...

Gun Controlhttp://washingtonexaminer.com/obama-hints-at-handgun-restrictions-too/article...

http://www.reuters.com/article/2009/10/15/us-arms-usa-treaty-idUSTRE59E0Q9200...

http://www.truthorfiction.com/rumors/u/UN-Arms-Treaty.htm

Michelle's Vacationhttp://www.youtube.com/watch?v=kiGjE4_k0jI&feature=plcp

http://www.dailymail.co.uk/news/article-2029615/Michelle-Obama-accused-spendi...

http://abcnews.go.com/blogs/entertainment/2011/12/michelle-obamas-pricey-vaca...

http://factreal.wordpress.com/2012/10/17/list-michelle-obamas-vacations-video/

http://www.politicsdaily.com/2010/08/06/michelle-obamas-lavish-spain-vacation...

http://factreal.wordpress.com/2012/10/17/list-michelle-obamas-vacations-video/

http://www.whitehousedossier.com/2011/08/12/michelle-obama-spent-42-days-vaca...

http://www.dailymail.co.uk/news/article-2103173/Just-weeks-17-day-Hawaii-holi...

Song Right Now by Van Halen off the Album Best of Van Halen Volume 1
ITunes Link

 

https://itunes.apple.com/us/album/best-of-van-halen-vol.-1/id290072877
Amazon Link


-FAIR USE-
"Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use."

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US Military Concerned Obama Does Not Have Their Back After Benghazi Scandal

Tony Newbill

Sent: Sent: 11/2/2012 12:20 PM

This just proves Obama’s Policies Have become too corrosive to be reelected!!!!

http://www.presstv.ir/detail/2012/10/29/269376/us-military-planned-mutiny-on-the-bounty/

US Military Concerned Obama Does Not Have Their Back After Benghazi Scandal

http://www.youtube.com/watch?feature=player_embedded&v=gXb_QL-I1kw

This President is Compromised with a Foreign Policy that is counterproductive with the shadow Alliance of Radical Islam as a way to pass the Buck of Leadership on in the Middle East which will leave the World crippled with Conflicts. His Talk on domestic policy is just that All talk. As to the Unsustainable DEBT - the people are tired of it!! It’s time for yet again something new!!!

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Obama Environmentalism too Extreme

Tony Newbill

Sent: 11/3/2012 9:15 AM

This is what you get when the Obama Environmentalists and the EPA become way too Extreme in their View of an Economic system that drives growth based on supply creation to feed and clothe people, but all they see it is Harming the EARTH. This is the Reason why we have a Stagnate Economy and No Private sector job growth and wealth declining due to Inflation on this Stagnate Supply growth and this inflation hitting the pockets of American people’s Purchasing Power of their Dollars,

Food Stamp Growth 75X Greater than Job Creation

http://www.weeklystandard.com/blogs/food-stamp-growth-75x-greater-job-creation_660073.html

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Private Sector Health Insurance Industry will die

Tony Newbill

Sent: 11/3/2012 11:38 AM

The Private Sector Health Insurance Industry will die because of the Unintended consequences here cited in these 2 links. The theme is of trying to Merge Private and Government ran healthcare Requirements together. Read these 2 links and consider where this will go... 

 

http://www.atr.org/new-obamacare-tax-form-mandates-americans-a7285

http://thehill.com/blogs/healthwatch/health-reform-implementation/265659-conflict-of-interests-concerns-raised-as-obama-races-to-implement-health-reform

It will be out right health care oppression and become the next racially tinged conflict of Identity once these Government Subcontracting Firms gain access to a Person’s Private Information and start the process of sharing that Information in determining a person’s Liability cost for Care. Oh the Unintended consequences will be amazing once the Lawyers for personal mental pain and suffering enter into this fray!!!!

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Even the atheists are questioning Obama's Foreign Policy

Tony Newbill

Sent: 11/3/2012 4:52 PM

Even the atheists are questioning Obama’s Foreign Policy on this So Called Arab Spring disaster.  

Obama didn’t want to let this out that he made a Grave error in Trusting that these guys would secure the Libyan Embassy and that we would not need a Security foot print in Libya so that it would look like he had solved the conflict between the Muslim world and the USA, but it bit him in the butt.  

State Department employed terrorists as guards in Libya;  

http://www.theatheistconservative.com/2012/10/14/state-department-employed-terrorists-as-guards-in-libya/

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What I would be asking if I were SPEAKER Boehner

Tony Newbill

Sent: 11/7/2012 8:40 AM

Wall Street has Been kept Funded with FED QE Monetization. This QE spending has also been the other end of the candle Obama has Been burning when it comes to Social Welfare. So this candle is about burned up. The sign to me is China shrinking the parts supplies we Import to take less dollars in an attempt to boost their current holdings of dollars. This is causing us inflation on our shrinking supply …. This is where I think the cross roads become tricky because How does Wall Street stay afloat when this Shrinking supply from ASIA needs to be offset with more production here in the States? But that is a hard financial step to obtain solvency with and at the same time REGULATION is an impossible bridge to cross ….. This is where the VOICES of the Conservative party can keep the pressure on stating this - That Obama can’t keep blaming Bush for the position Obama has Put himself and the Country in with Excessive Environmental Regulations and an Abusive tax code that Does Nothing to create incentives to Inspire an Investment in a parts supply we cannot obtain from the past suppliers anymore. So Obama what’s it going to be SIR, is what I would be asking if I were SPEAKER Boehner?

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Here Comes the Tools of Hyper-Inflation

Tony Newbill

Sent: 11/7/2012 3:24 PM

Put this with Chinese supply shrinkage and here comes the tools of hyper-inflation.... Obama May Levy Carbon Tax to Cut U.S. Deficit, HSBC Says.

http://www.bloomberg.com/news/2012-11-07/obama-may-levy-carbon-tax-to-cut-the-u-s-deficit-hsbc-says.html

Boehner opens the door to ‘new revenue,’ to halt debt

http://www.washingtonpost.com/business/economy/boehner-opens-door-to-new-revenue-to-halt-debt/2012/11/07/2912c5ce-2919-11e2-b4e0-346287b7e56c_story.html

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Judge Napolitano is Right BUT…

Tony Newbill

Sent: 11/8/2012 6:38 AM

Judge Napolitano is right here:  http://www.gopusa.com/commentary/2012/11/07/napolitano-four-more-years/      

BUT … The precedence of Increasing the Entitlement nation has been set into motion now with the reelection of the easy income entitlement President Obama promising the Easy Government programs to substitute a Private sector Job, driven by a private sector Business sector, which is Only going to be funded by More DEBT that’s backed by Foreign Suppliers like China. The only reason why these Foreign Suppliers will allow this is it fits into their Overall Global Plan of these same Globalists who see the Free Market causing Climate Change. So they want to slowly end up dominating the Free Market driven Rate of consumption to restrict it and the Process of Getting people Hooked on Government handouts and entitlements. More and More is Obama’s plan for following along with the Globalists to restrict Consumption to regulate Carbon emissions.

Obama May Levy Carbon Tax to Cut U.S. Deficit, HSBC Says

http://www.bloomberg.com/news/2012-11-07/obama-may-levy-carbon-tax-to-cut-the-u-s-deficit-hsbc-says.html

The conservatives need to have an Alternative way of Life that can be defined beyond just saying they will give you a Job, as Romney said over and Over without any meat on that bone describing what that Job would entail. This opened the door for Obama to raise doubt about what and if the Jobs would be a quality job or a substandard job. In the case of Romney saying it, Obama and Bill Clinton made hay by saying, “Can you trust Romney telling you he would create jobs when he was a major Jobs Outsourcer?” Romney had no way to counter with a record that favored creating MORE Income Quality Jobs in the USA over what he had outsourced.

I was convinced in the primaries and at first did not support Romney Because it was a NO Brainer this would take Romney out in the Swing States which are for the most part what’s left of the manufacturing assembly societies in the USA. And the Swing States are a large part of the retirees in Florida and that’s why Obama was successful in guaranteeing these people something other than a guy saying I know how to create Jobs by not saying what kind of jobs these would be … This is regardless if we know Obama will not be able to deliver the sustainable income of the jobs he is promising. Because without a Sustainable expanding Economy Obama will not have the Government guarantee to offer the Security he promised in Income equality. But here are some Ideas that will help you survive the financial squeeze the President is heading toward us:

http://power4patriots.com/video/  

_____________________

© 2012 Tony Newbill

A VERY DARK STORM on the Horizon

A previous Tony Newbill post dealt with the potential of an Obama led Martial Law scenario: Where is Obama’s Executive Orders Taking America?

JRH 6/3/12

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A VERY DARK STORM on the Horizon

By Tony Newbill

Sent: 5/24/2012 10:10 AM

Additional info Sent: 5/24/2012 10:22 AM

These links when read together make for a VERY DARK STORM on the Horizon!! What these Links simulate are "Trigger Points," in What Fundamental Transformation looks like on the way to a Crisis that brings Emergency Government Intervention. In the case of today's economic situations around the world we can see the hand writing on the wall as the Government is getting legislation in position to deal with Free Market Economic collapse, that has really already happened with the 2008 collapse and now has ran its Government Bailout Course with no avail .  

Government "Whistleblower" Says Obama IS Planning to Declare Martial Law

http://tinyurl.com/83a8mrx

Government "Whistleblower" Says Obama IS Planning to Declare Martial Law -- Click below to DEMAND Congress STOP Obama's "Emergency Powers" Executive Order:

https://secure.conservativedonations.com/rm_martial-law/?a=7710

ALERT: A government "whistleblower" inside the Obama regime has blown the lid off of why Barack Hussein Obama has recently signed Executive Orders that give him the power to declare martial law across America!

Obama, through the Department of Homeland Security (DHS) and other agencies and "czars," is plotting a major "Reichstag" event to generate racial riots and produce the justification for martial law, delaying the November 2012 elections... possibly indefinitely!

A DHS whistleblower informed the Canada Free Press "that the DHS is actively preparing for massive social unrest inside the United States. He then corrected himself, stating that 'a civil war' is the more appropriate term. 'Certain elements of the government are not only expecting and preparing for it, they are actually facilitating it.'"
It's more and more obvious that Barack Obama is preparing to DECLARE MARTIAL LAW -- we MUST STOP HIM NOW!

…

A "Reichstag event" refers to a fire started in Germany's legislature during Hitler's rise to power. The fire allowed him to grab emergency powers and eliminate his opposition. While he blamed it on Communists, historians have long believed that Hitler started the fire himself.

According to the anonymous "whistleblower" inside Obama's DHS, this "Reichstag event" would take the form of a staged assassination attempt against Barack Obama, "carefully choreographed" and manufactured by Obama operatives. It would subsequently be blamed on "white supremacists" and used to enrage the black community to rioting and looting, the DHS source warned.

The Obama administration would then use the violence and chaos they created as justification for the imposition of martial law in major urban cities in America, the creation of DHS checkpoints, restriction of travel, and the indefinite delay of the November 2012 elections:

…

This is getting TOO BIG to hide -- now, even the MEDIA is starting to pick up on the shocking news:

Barack Hussein Obama has signed Executive Orders giving him the power to declare MARTIAL LAW in America!

On a recent episode of his Fox News show, Sean Hannity himself declared:

VIDEO: Obama signs Executive Order NDRP Martial Law - Hannity Full News Clip Fox News (Mar 19, 2012)

… (READ ENTIRETY)

Government "Whistleblower" Says Obama IS Planning to Declare Martial Law

http://www.westernjournalism.com/will-obama-attempt-to-declare-martial-law-before-November-election/

Canada Free Press contributor Doug Hagmann has reported that a longtime friend and Department of Homeland Security official revealed to him “…the uppermost echelon of the DHS is actively preparing for massive social unrest inside the United States,” and not only “…expecting and preparing for it, they are actually facilitating it.”

According to Hagmann’s DHS source, the Obama Regime—which initiates Department agenda and dominates its thinking—will proceed by implementing “economic chaos, chaos through racial division and chaos through class division, all joined by Barack Hussein Obama and his stable of unelected czars.”

For three years, the Administration has worked to destroy the private sector and destabilize the value of the dollar. It has injected race and class into every argument, setting the stage for “summer riots” organized by Regime operatives. And when economic calamity and civil unrest are at their zenith, “…a false flag event against Obama or his family, something that will outrage ‘black America’ ” will be crafted, its purpose, to “…evoke the ugliest of reactions and create racial chaos in this country that will make the Watts riots, 1968 and the Rodney King riots pale in comparison.”

At this juncture, the federal government will be “forced” to take a hand for the well-being of the nation and the American public, of course. Martial law will be declared by an appropriately “reluctant” Barack Obama, who will offer a television persona clearly dis-inclined to the exercise of such staggering authority. Naturally, he will promise the duration of his absolute power to be brief and its use, strictly and fairly measured.  The 2012 election will–for the purposes of fairness and equity—be indefinitely postponed.

Although claims in the Canada Free Press article sound very much like the ravings of “tin foil hat”-wearing conspiracy theorists, it should be remembered who the enemy is, the extraordinary sweep and authority they have already attained, and the arrogance and lust for power that drives them.

These are people brazen and lawless enough to have placed a Manchurian Candidate in the White House. From politicians to journalists to judges, they have threatened into silence or collaboration any with the slightest inclination or ability to stand in their way. They have near-total ownership of the national media, a vitally important accomplishment in any plan to overthrow a government. They have absolute authority over the executive branch, giving them the ability to not only implement (or ignore) law and enforce it, but also the means and power to punish those who stand in their way. For only the executive has the ability to enforce its will as it is the only branch of government with armed troops and therefore the power of arrest and detention.

In short, nothing can be put past this group and, as a result, little can be considered too far from the realm of possibility.

It’s true that Americans are the most widely armed people in the world. But consider the indignities we have already endured and the way in which we have meekly surrendered liberty in the past. Why should anyone expect sudden bravery from a public that has exhibited little but sheepish submission over the past 5 decades?

Conspiracy theories or not, it will be a very interesting and potentially very dangerous campaign season. (Will Obama Attempt To Declare Martial Law Before November Election?; By Doug Book; Western Center for Journalism; May 15, 2012)

United States on the Road to Ruin, Your Trigger Points: This Paragraph from the Market Oracle story reads - "The public's support of the Federal government has been reduced to the Valley Girl's shrug: "Whatever." As long as the public gets access to its entertainment and does not suffer immediate pain, it ignores the Federal government. Bureaucrats prosper, but the tax resistance is forever. The Federal government has been unable to collect taxes in excess of 20% of GDP since 1946, and it has never collected more than 23%. The pubic loves increased spending, but only if it is borrowed".

"So, money is borrowed. That borrowing is now facing resistance. The Federal Reserve is creating money to buy the deficit. China isn't. Japan isn't. PIMCO isn't. Interest rates are low because only the Federal government is borrowing heavily".  Read More Here ... http://www.marketoracle.co.uk/Article28379.html 

This link shows us the "Trigger Point Time" to the USA Default is Near ... The Federal Reserve  is in "Compound Debt Accumulation Mode," this is at best a couple months of extension after the Operation twist programs ends, unless a world government agrees to reinflate the world economy like it was before the 2008 collapse ... This is where we will find the breaking point as these world powers will not end up agreeing to this because they will not agree with how, what and who benefits the most from this.

By The Time Operation Twist 1 Is Over, The Fed Will Have Quietly Completed 40% Of Operation Twist 2 As Well

http://www.zerohedge.com/news/time-operation-twist-1-over-fed-will-have-quietly-completed-40-operation-twist-2-well

By the time Operation Twist (1) ends in just over 40 days time, on June 30, Fed Chairman Ben Bernanke, according to his previously announced "loose" target, will hope to have extended the average maturity of all bonds in the System Open Market Account (SOMA) to a record of roughly 100 months from 75 month at the onset of the program in October 2011. After all the sole purpose of Twist was to load up the Fed's portfolio with duration, forcing the rest of the market to shift its investing curve even further into risky assets, as the Fed will have effectively onboarded the bulk of securities in the 3-4% return interval. Now as we showed back in early April, hopes that the Fed will simply continue with Operation Twist 2 after the end of "season" 1, as suggested by some clueless "access journalists" who merely relay what they are told by higher powers, are completely misguided as the Fed simply does not have enough short-term securities (1-3 years) to sell, and would have at most 2 months of inventory for a continued sterilized operation. Which however, does not mean that the Fed can not be quietly ramping up its operations in the ongoing Twisting episode. Because as Stone McCarthy demonstrates, as of the past week, the Fed has already surpassed its 100 month maturity target of 100 months, and is at 102.82 months as of May 16. And this is with 6 more weeks of Twist to go: at the current rate of SOMA purchases, the Fed will have a total portfolio average maturity of just shy of 110 months by June 30! Which means that contrary to market expectations of what the Fed's own stated goal may have been, Bernanke will have gobbled up nearly 40% more long-dated Flow relative to estimates! In other words, Ben does not need to do a full blown Operation Twist 2 episode: by the time Twist 1 is over, he will have attained nearly 40% of the goals of the … READ THE REST

If the World Durable Goods Suppliers follow through with what The Obama Administration and Advisory team suggest, it will bring epic inflationary pricing to the USA and European Markets because of Our dependency on the Foreign Durable Suppliers Product supply that the USA and Europe has no way to counter because of a Lack of Industrial production capacity that’s been de-constructed over the years and out sourced to these very foreign suppliers who NOW are About to Crush the USA and Europe with this Inflation being passed through on our Imported supply.

Read these stories and you will see the hand writing on the wall!!! ..... Stocks waver amid China stimulus hopes, eurozone uncertainties, this will Trigger the start of the Inflation on Exports going to the USA and Europe!!! As these suppliers shrink production less supply will lead to Hyper Inflation on world supply, this will also be the way these BRIC nation suppliers deal with the Devaluation in the Dollar/Euro rather than a Interest rate demand that is Missing from the Private market due to the Federal Reserve dominating the currency markets and buying all the Debts that’s setting up the stage for the Final trigger of rejection of the dollar by the BRIC nations and force a collapse in the dollar.

  

http://money.msn.com/market-news/post.aspx?post=626fa7a6-fd8f-4be0-b2dc-ac8e7a6a29ec

…

Premier Wen Jiabao said over the weekend that he wants to see more measures taken to stimulate economic growth in China. China last week carried out some small measures, with expectations of more down the line, to stimulate domestic consumption after several lackluster economic reports, including weak retail sales and tepid import growth.

"What happens in China has a disproportionate effect on what happens elsewhere," said Telly Zachariades, partner at Valence.

Without providing details of the measures he has in mind, Wen said, "The relationship between maintaining growth, adjusting economic structures and managing inflation must be properly handled," according to the Xinhua News Agency. "We should continue to implement a proactive fiscal policy and a prudent monetary policy while giving more priority to maintaining growth."

Over the weekend at Camp David, Md., Group of Eight summit leaders expressed to German Chancellor Angela Merkel their desire to see more effort put into bolstering eurozone economic growth, though their urging did not result in any firm commitments or plans.

Leaders from the top economies said in a statement that their goal is to "promote growth and jobs." This was a departure from the view in favor of eurozone-wide austerity measures targeting burgeoning budget deficits. 

Toward the end of the summit, President Barack Obama said, "We agreed upon the importance of a strong and cohesive eurozone and affirmed our interest in Greece staying in the eurozone while respecting its commitments."

German Chancellor Angela Merkel, French President Francois Hollande and U.S. President Barack Obama together signed a statement at the summit outlining steps to promote growth alongside austerity measures to combat the eurozone debt crisis, but how to accomplish this has been a subject of much disagreement in Europe.

On Wednesday, European Union leaders will meet in Brussels to try to reach a compromise on this matter. While Hollande urges the acceptance of debt supported by the more powerful eurozone countries like Germany to fund growth in the weaker ones, such as Greece, Germany continues to argue against issuing bonds. Germany says that with eurobonds, such debt-laden countries would lose their motivation to clean up their fiscal problems while jeopardizing borrowing costs in the stronger countries.  (Stocks break losing streak; by Andrea Tse; May 21, 2012 Updated at 4:22 p.m. ET; MSN Money – READ ENTIRETY)

World Leaders Urge Growth, Not Austerity

http://www.nytimes.com/2012/05/20/world/world-leaders-at-us-meeting-urge-growth-not-austerity.html

CAMP DAVID, Md. — Leaders of the world’s richest countries banded together on Saturday to press Germany to back more pro-growth policies to halt the deepening debt crisis in Europe, as President Obama for the first time gained widespread support for his argument that Europe, and the United States by extension, cannot afford Chancellor Angela Merkel’s one-size-fits-all approach emphasizing austerity.

Pointedly recognizing “that the right measures are not the same for each of us,” the leaders of the Group of 8 nations, at a meeting hosted by Mr. Obama at Camp David, committed to “take all necessary steps” to strengthen their economies. They said they wanted to keep Greece in the euro zone and vowed to work to promote growth in Europe, though behind the scenes distinct differences remained over what kinds of stimulus policies to pursue.

“Our imperative,” the leaders said in their statement, “is to promote growth and jobs.”

It is by no means the final word in the growth-versus-austerity fight that has been under way for two years. … (World Leaders Urge Growth, Not Austerity; by HELENE COOPER; Published: May 19, 2012; New York Times – READ THE REST)

And they will use Inflation as their Stimulus Plan ...

http://www.moneynews.com/StreetTalk/Krugman-Euro-Crisis-Apocalypse/2012/05/18/id/439548?s=al&promo_code=EF2D-1

Austerity measures won't save Europe but loose monetary policies will, writes Nobel economist Paul Krugman.

The European Union and the International Monetary Fund have made over $170 billion in rescue funding available to Greece provided the country agrees to belt-tightening measures like spending cuts and public-sector layoffs.

The result, the Greek economy remains mired in recession and anger on the rise, as evidenced by recent parliamentary elections that thrust leftist political parties into power vowing to ditch austerity policies even if it means abandoning the currency zone, which could disrupt the European economy if the larger Italy and Spain follow suit.

…

While austerity won't solve the problem, looser monetary policies on the part of the European Central Bank will, Krugman writes is New York Times column.

Inflation may rise, but that's better than risking economic collapse for much of the continent. (Krugman: Euro Crisis Will Spark Apocalypse Fairly Soon; By Forrest Jones; 18 May 2012 11:16 AM; Money News – READ ENTIRETY)

[SlantRight Editor: Newbill included Krugman solution to the EU crisis in another post not too long ago. That post was entitled “Top Dems claim GOP trying to sabotage economy to hurt Obama” posted May 23, 2012. Krugman essentially believes Socialist-Keynesian Economics will fix the EU’s financial crisis. Below is what I posted at the end of the article about Krugman’s think on May 23.]

Norquist, Lott Eviscerate NYT's Paul Krugman in New Stimulus Exposé

By Wynton Hall

4/6/12

Big Government Breitbart.com

Grover Norquist and John Lott, Jr. lay waste to the economic claims of Obama-backer, stimulus defender, and New York Times columnist Paul Krugman in their new, hard-hitting book, Debacle: Obama’s War on Jobs and Growth and What We Can Do Now to Regain Our Future. 

Grover Norquist, who is the President of Americans for Tax Reform, and economist John Lott marshal a mountain of economic data that reveal that, contrary to Krugman’s Keynesian claims, President Obama’s 2009 stimulus plan has made the American economy worse, not better.

Their refutation makes for fascinating and sometimes humorous reading.

Consider, for example, the prediction Krugman made the day Obama signed the original stimulus bill into law:  “I am still guessing that we peak out at around 9% [unemployment] and that would be late this year [2009]." Furthermore, Krugman declared that double-digit unemployment was “not the most likely event.” As Norquist and Lott note, unemployment hit 10.1% and remained above 9% two years after Krugman predicted it would peak.

Once it became clear that President Obama’s stimulus plan had failed to ignite the economic recovery he promised, Krugman and others began scrambling for excuses to explain why Obama’s spending spree hadn’t worked. One explanation Krugman offered was that right-wingers had erroneously claimed government spending had increased when it hadn’t:

So as I said, the big government expansion everyone talks about never happened....And federal aid to state and local governments wasn’t enough to make up for plunging tax receipts in the face of the economic slump....[T]here’s a widespread perception that government spending has surged, when it hasn’t—is that there has been a disinformation campaign from the right, based on the usual combination of fact-free assertions and cooked numbers.

As Norquist and Lott reveal, Krugman’s claims rely on a slippery game of sleight of hand; Krugman cherry-picks the only year when total government spending dropped, which was from 2009 to 2010, “and even then, it was still much higher than just a couple of years earlier.”  In point of fact, note the authors, government spending has grown 12 percent since 2008 and 20 percent since 2007.

In one of the more outrageous examples of Paul Krugman’s Keynesian illogic, Norquist and Lott showcase the New York Times columnist’s bizarre contention that an alien space invasion could help stimulate America’s floundering economy:

Paul Krugman: If we discovered that space aliens were planning to attack and we needed a massive buildup to counter the space alien threat and really inflation and budget deficits took secondary place to that, this slump would be over in 18 months. And then if we discovered, oops, we made a mistake, there aren’t any aliens, we’d be better off.

“Would we really be better off paying workers to dig ditches and then fill them back up?” write Norquist and Lott sardonically. “Or, how about paying people to build massive defenses against imaginary space aliens?"

Debacle also brings in Krugman’s contention that the 9/11 terrorist attacks were an economic winner for America for a well-earned drubbing:

Krugman also thought that the 9/11 attacks “could even do some economic good” by stimulating the economy because “all of a sudden, we need some new office buildings” and “rebuilding will generate at least some increase in business spending.”  Unfortunately, this is the cornerstone of Obama’s Stimulus program. The examples also highlight how inconsistently these arguments are used by the president and his defenders. The 9/11 attacks or natural disasters in the United States were supposedly beneficial for the U.S. economy because they increase spending, but the earthquake in Japan was detrimental.

Claim after claim, Grover Norquist and John Lott offer numerous data-laden refutations to Paul Krugman’s myriad Keynesian claims. It would all be humorous were it not for the fact that Krugman’s big spending philosophy forms the intellectual foundation of Barack Obama’s economic policies.

The result: the Obama economy has been an unmitigated debacle.

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Edited by John R. Houk