The Government Is Pushing Mobile Free Gun Zones – Episode 192

youtube_mobile_gun_free_zone_economic_collapse2The President has the gun bill and the UN Arms treaty pending in the senate. We know it is their mission to get this passed.  They will do anything they can to make this happen. The economy is still declining and all the data coming points to an economic collapse, but the corporate media is still using the propaganda that everything is getting better. al-Qaida and al-Shabaab are setting up the next false flag event that will shake the world to its very core.

Please check the Sentinel Alerts for the latest news on the economic collapse. The Sentinel Alerts are updated throughout the day. If you haven’t already, go to “The People” and join the community of people who are helping each through the economic collapse.


Current News


Economy

Italians go on strike to protest austerity measures

  • Thousands of Italian civil servants and transport workers have gone on strike in the capital Rome and other cities to protest against austerity measures enforced by the government.
  • Friday strike, which disrupted urban transportation, was organized by the far-left COBAS union against the government of Prime Minister Enrico Letta.
  • More than 100 flights were grounded at Rome’s Fiumicino Airport while 80 percent of buses stopped running in the capital. In other cities, subway services were disrupted.
  • Letta, who submitted his 2014 budget on Tuesday, has come under heavy fire for freezes on public sector salaries.
  • Labor unions are complaining about insufficient relaxation of tax burden on workers.
  • “With this budget the government is continuing to hurt a country which is already on its knees,” COBAS spokesman Piero Bernocchi told Reuters, adding, “Even after austerity has proven to be disastrous, with debt rising, the economy crumbling and unemployment soaring they still continue with these policies.”
  • Further protests are planned for Saturday in Rome. Some protestors have said they plan to camp overnight in front of St. John’s Basilica, which is a traditional site for union rallies.
  • Italy started to experience recession after its economy contracted by 0.2 percent in the third quarter of 2011 and by 0.7 percent in the fourth quarter of the same year.

They Are Now In The Process Of Preparing The Next Event – Episode 191

youtube_event_coming_economic_collapse2The debt ceiling debate has ended and now the central bankers/US government are preparing for the next event. The blame has been shifted from the FED and has been put on the government. The government will now shift the economic collapse on another country. We see banks implementing capital controls, we government officials resigning and now we see the government building the propaganda of cyber attacks and biological weapons.

Please check the Sentinel Alerts for the latest news on the economic collapse. The Sentinel Alerts are updated throughout the day. If you haven’t already, go to “The People” and join the community of people who are helping each through the economic collapse.


Current News


Economy

McConnell-Reid Deal Includes $3 Billion Earmark for Kentucky Project

  •  A proposal to end the government shutdown and avoid default orchestrated by Republican Leader Mitch McConnell and Democratic Leader Harry Reid includes a nearly $3 billion earmark for a Kentucky project.
  • Language in a draft of the McConnell-Reid deal (see page 13, section 123) provided to WFPL News showsa provision that increases funding for the massive Olmsted Dam Lock in Paducah, Ky., from $775 million to nearly $2.9 billion. – Full Read: WFPL: McConnell-Reid Deal Includes $3 Billion Earmark for Kentucky Project

Source: fromthetrenchesworldreport.com

“Idiotic” Initial Claims “Rise Above” As Made Up California Numbers Continue Trickling In

  • Yesterday, before the inevitable House denouement, we had a prophetic observation:
  • They sure were…
  • Moments ago the DOL, announced that in the week ending October 12, there were some 358K initial claims filed, a drop from last week’s ridiculous 374K, but well above expectations of 335K. Of course, expectations no longer matter because as the DOL was also kind enough to observe, the agency, for the 6th consecutive week, is unable to conclude the California computer upgrade backlog, and is still working through it, although we now know that in the last week there was an increase of 33,654 claims which reflects a “backlog of claims which could not be processed previously.” This farce continues.
  • The DOL added that:

The Government Is Broke And They’re Coming For Your Cash – Episode 190

youtube_gov_coming_for_cash_economic_collapse2The Government is agreeing on the debt ceiling.  This does not fix the problem its a temporary fix. The Government is pushing the banks outside of the country to report the money in foreign accounts. Chase is no longer allowing wire transfers out of the country. The housing market is still declining and mortgage companies are laying off thousands of people. The next event will bring the world to its knees.

Please check the Sentinel Alerts for the latest news on the economic collapse. The Sentinel Alerts are updated throughout the day. If you haven’t already, go to “The People” and join the community of people who are helping each through the economic collapse.


Current News


Economy

IMF Proposal to Tax Bank Deposits

  • A report by Agence France-Presse, the International Monetary Fund strongly suggests countries tax the rich to fix deficit, is a caveat for a bigger risk. “The IMF has set off shockwaves this week in Washington by suggesting countries fight budget deficits by raising taxes. In its Fiscal Monitor report, subtitled “Taxing Times”, the Fund advanced the idea of taxing the highest-income people and their assets to reinforce the legitimacy of spending cuts and fight against growing income inequalities.”
  • Before all those occupy supporters, rejoice and start their partying, the sober reality of the actual methods that the financial elites would use to implement revenue enhancement, needs a closer examination.
  • Contrast the interpretation from Europe with the broader assessment in, IMF Discusses A Super Tax Of 10% On All Savings In Eurozone.

Is The Government Provoking America Into Martial Law? – Episode 189

youtube_food_stamp_riots_economic_collapse2The central bankers/US government have not cut off food stamps for the month of November. This will leave millions up millions of people hungry. Hungry become desperate and angry. There is a great possibility that these desperate people along with veterans could stage riots. The FED believes the unemployment situation will be getting better and sees improvement. NSA continually spies on Americans and is not creating social profiles to create threat analysis to determine who is going to be threat when the collapse occurs.

Please check the Sentinel Alerts for the latest news on the economic collapse. The Sentinel Alerts are updated throughout the day. If you haven’t already, go to “The People” and join the community of people who are helping each through the economic collapse.


Current News


Economy

Greece needs additional cuts: ECB official

  • A top European Central Bank (ECB) official says recession-ravaged Greece needs to impose additional austerity measures, including cuts in spending, to help reduce the public deficit and meet the targets set by its international creditors.
  • In a Monday statement, ECB executive board member Jorg Asmussen, also said that “First and foremost [it] is important that [Greece] will close the significant fiscal gap that is there for next year.”
  • Meanwhile, on the same day, Greek Finance Minister Yannis Stournaras rejected Asmussen’s claim with regard to a “significant fiscal gap” in the country’s 2014 budget.
  • The Greek economy is in its sixth year of recession due to fiscal mismanagement, resulting in tax rises and spending cuts.
  • Greece has been dependent on bailout funds from international rescue loans approved by the so-called troika of international lenders – the European Union (EU), the European Central Bank (ECB), and the International Monetary Fund (IMF) – since May 2010.
  • The international lenders estimate that Athens will be in need of nearly 10-11 billion euros from the second half of 2014. However, several eurozone governments are unwilling to grant further loans due to negative public opinion.

The World Is Preparing For The Dollar Collapse Are You? – Episode 188

youtube_world_preparing_economic_collapse2The FDIC along with other countries are preparing a simulation of bank failures at the end of this year running. They will simulate bail-ins. China is making preparations for the collapse of the dollar. They want the US to step aside and no longer be the reserve currency of the world.  Israel is preparing to go to war with Iran. The US want the Syrian Government removed and replaced before peace talks can take place.  The shutdown continues, the big question will the shutdown go past the default date so the President can declare a national emergency to enact the Executive Orders.

Please check the Sentinel Alerts for the latest news on the economic collapse. The Sentinel Alerts are updated throughout the day. If you haven’t already, go to “The People” and join the community of people who are helping each through the economic collapse.


Current News


Economy

Companies Beating Earnings Tumbles To Lowest Since Q1 2009

  • While only a small sample so far, it is quite telling that despite the manic depression of earnings expectations heading into Q3 results, only 52% have topped revenue estimates (on aggregate missing expectations by 40bps). On the earnings side, the number of companies beating expectations plunged to its lowest since Q1 2009… sounds like another good reason to BTFATH…

Source: zerohedge.com

22 Reasons To Be Concerned About The U.S. Economy As We Head Into The Holiday Season

  • #2 Retailers all over America are reporting disappointing sales figures, and many analysts are very concerned about what the holiday season will bring.  The following is an excerpt from a recent Zero Hedge article…
  • Chico’s FAS [CHS] Earnings Call 8/28/13:
  • Traffic was our issue in quarter two. In a highly promotional and challenging environment, comparable sales result was a negative 2.6 percent on top of a positive 5.6 percent last year and a positive 12.8 percent in 2011.”
  • William-Sonoma [WSM] Earnings Call 8/28/13:

Current Economic Collapse News – News Brief – Episode 187

youtube_newsbriefeconomic_collapse2In this news brief we will discuss the latest news on the economic collapse. We look to see if things are really that different. The central bank will not stop at just confiscating your wealth they will want your life. They want to enslave the people.

Please check the Sentinel Alerts for the latest news on the economic collapse. The Sentinel Alerts are updated throughout the day. If you haven’t already, go to “The People” and join the community of people who are helping each through the economic collapse.


Current News


Economic

Foodstamp Nation In Turmoil: EBT System Goes Dark, “Glitch” Blamed

  • In the past five years it has become apparent that America can survive a near-fatal financial system collapse, an economy teetering on the edge and kept ticking only thanks to the Fed’s now perpetual QE, a collapsing standard of living for everyone but the wealthiest 0.1%, declining wages, zero interest rates, surging food, energy, rent, tuition and welfare costs, and pretty much everything else, as long as the welfare state keeps humming along. Any be welfare state we mostly mean providing the daily bread to the nearly 50 million Americans living in poverty and surviving only thanks to the only thing to have exploded to epic record highs under Obama (in addition to the Fed’s balance sheet of course): foodstamp usage. However, the true stability of the US may be tested very soon following reports that due to a “possible computer glitch” the Electronic Benefits Transfer System, aka EBT, ala Foodstamps, is offline. Cue mass panic among the best-weaponized population in the world. Naturally, this latest fiasco involving a country that has grown accustomed to sucking on the government’s teat was immediately blamed on a “glitch” – just like everything else that is slowly but surely breaking in the New Normal.

The Next False Flag Is A Ticking Time Bomb – Episode 186

youtube_distraction_false_flag_economic_collapse2More and more evidence points to the fact the central bankers/US government are preparing for a false flag. We now have two nuclear commanders who have been relieved of their commands, a missing nuke, dry runs of planes, propaganda about Syria and Iran attacking, numerous amount of drills taking place within a 6 week period. The FED is shifting the blame of the taper to the shutdown of the Government and this had nothing to do with the taper. The FED and Government do not want to be blamed for the collapse and they are now planning to use a false flag event to blame another country.

Please check the Sentinel Alerts for the latest news on the economic collapse. The Sentinel Alerts are updated throughout the day. If you haven’t already, go to “The People” and join the community of people who are helping each through the economic collapse.


Current News


Economy

Europe banks face major losses: IMF

Since these banks are facing major losses and are on the verge collapse get ready for some bail-ins

  • The International Monetary Fund (IMF) says banks in three European countries, already grappling with economic woes, are at risk of substantial losses.
  • In a report released on Wednesday, the IMF said that several banks in Spain, Italy and Portugal face some 250 billion euros (USD 338 billion) in potential losses on their loans in the following years.
  • “Some banks in the stressed economies might need to further increase provisioning to address the potential deterioration of asset quality on their corporate loan books, which could absorb a large portion of future bank profits,” it said.
  • Battered by the global financial downturn, the Spanish economy collapsed into recession in the second half of 2008.
  • Spain must lower its deficit to 4.5 percent in 2013 and 2.8 percent in 2014. Many economists, however, say those targets will be difficult to meet amid poor prospects for Spain’s economic recovery.
  • Moreover, Italy started to experience recession after its economy contracted by 0.2 percent in the third quarter of 2011 and by 0.7 percent in the fourth quarter of the same year.