Thursday, June 25, 2015

"12 Term Congressman Ron Paul's Warning to Americans about the Coming Currency Crisis" appears this spring

Ron Paul, a former Texas Congressman and an early GOP candidate for president in 2012, has been warning of massive currency crisis, following in the manner or Porter Stansberry, about the loss of the use of the dollar as reserve currency.
BuzzFeed News has a story here.  The reports started breaking in April 2015.

The 54-minute interview "film" appears on YouTube (dated April 15, 2015).  
Paul predicts that ATM’s will freeze and that commerce as we know it will break down suddenly.
Ron Paul’s libertarianism was welcome in 2012 by many, and his recent predictions could complicate his son’s run for president.
The Wall Street Journal has a similar story by Janet Hook here.

One chilling observation is that Ron Paul predicted the housing crash way back in 2003 and said we were in a bubble.  Is he right again?  He says this crash will dwarf 2008.

His ad has appeared on CNN recently, as in “The 70s”.

The most likely trigger for an event like Stansberry would be China's dumping our debt.  (News Channel 8 in Washington DC  discussed this idea on June 27.)
It won’t be so bad, or will it? Or, "I had to tell somebody". 

Tuesday, June 02, 2015

CNN: "ISIS: What Should the U.S. Do Now?" with Wolf Blitzer

Tonight, at 9 PM, Wolf Blitzer hosted a special report for his Situation Room, “ISIS: What Should the U.S. Do Now?”  with about seven US military general-grade officers, link here. Phil Mudd also appeared.

There was a lot of comparison to Vietnam, noting that Saigon fell in 1975, so Baghdad might not be too big to fall eventually.  Most insisted that this in the final analysis was the battle for the people and not for large ground troops from the West.  Most were against working with Assad in Syria.
Fareed Zakaria has suggested that Iraq as a country isn’t viable anymore, and that the area should be broken into Kurdish, Sunni and Shiite states, that would have the own internal political loyalty to defend their own areas and tribes from external violent aggression. That sounds like the best idea.
The program also considered the problem of the ISIS soldier “fighting to die” whereas the Iraqi “fights to live.”  But that was roughly true during the war in Vietnam. In fact, during the Vietnam era, some considered the deployment of conventional ground US forces, even supported by a draft, as a deterrent to possible nuclear war eventually.  Now the opposite may be true.

The show also summarized the biography of Abu Bakr Al-Baghdadi. 

Wikipedia attribution link for photo of Ramadi, Iraq from air by USMC, public domain