Cain Stumbling Under Glare of National Spotlight

Published October 22, 2011 | Associated Press

Herman Cain is learning the hard way what it means to face the glare of the national spotlight.

After captivating Republicans hungry for an alternative to 2012 GOP presidential front-runner Mitt Romney, Cain has made a series of stumbles that have left some questioning whether he’s ready for the White House.

His words and actions have drawn more scrutiny since his rise in the polls catapulted him into the top tier of the race for the party’s white House nomination.

But Cain has sometimes appeared to be in over his head. Consider what’s happened over the past week:

–He suggested electrifying a fence along the U.S. border with Mexico to kill illegal immigrants trying to enter the United States. Cain later called it a joke and apologized if anyone was offended by the remarks.

–He said he would negotiate for the release of U.S. prisoners held by terrorists, then reversed himself and said he had misunderstood the question.

–He muddied the water on abortion. He told CNN that while he strongly opposes abortion, “the government shouldn’t be trying to tell people everything to do, especially when it comes to social decisions that they need to make.” He later issued a statement reiterating his opposition to abortion.

–Amid criticism that his 9-9-9 tax overhaul would force the majority of Americans to pay more to the government, he reworked the plan to exclude the poorest people and to allow some deductions. Backers of Cain’s original plan had praised its simplicity, and carving out exceptions could erode that support.

Through it all, Cain has appeared unflappable. He chalks up the reversals to the breakneck pace of the race.

“In a couple of instances … I misspoke because of the pace of the interview. I don’t call it a flip-flop. I’d rather come back and explain to people what I really meant,” Cain said Friday after an economic speech in Detroit. “It doesn’t send mixed messages. It just shows that I’m willing to correct myself … if in fact I need to correct myself for clarity. That’s what I’m trying to achieve.”

For those in the GOP still in search of a candidate to back, his rocky rollout on the national stage has reinforced the view that Cain, who’s never won an election, isn’t ready for the big leagues.

“I’m looking for someone that’s electable and right now I don’t think he fits into that category,” said 60-year-old Gene Carkeet of Memphis, Tenn., who attended a recent Cain rally there but remains undecided.

Gwen Ecklund, Republican chairwoman in Crawford County, Iowa, said Cain “has had a bad week.”

“I do think it made some people take a second look,” she said.

Cain’s stumbles come as the campaign of rival Rick Perry shows signs of renewed vigor.

The Texas governor has plummeted in public opinion polls as Cain has climbed. But Perry turned in a spirited and combative debate performance at a recent forum in New Hampshire and plans to detail his own tax reform proposal relying on a flat tax under which everyone would pay the same income tax rate.

Cain and Perry are competing for support from tea party groups and evangelical voters.

Ralph Reed, a Republican strategist who founded the national Christian Coalition and now heads the Faith and Freedom Coalition, said Cain is going through the growing pains that come with sudden national exposure.

“It’s a learning curve for any candidate who moves from the back of the pack to front of the pack,” Reed said. “You undergo the political equivalent of a GI tract exam … where every word is weighed and chewed over and scrutinized.”

Reed said that after months of jumping on every media appearance offered, Cain and his staff must now limit his exposure and hammer home carefully honed talking points.

That’s a tall order for a man who has spent years as a conservative radio talk-show host, saying what was on his mind and scoring points for being provocative.

Whether Cain’s willingness to retool his 9-9-9 tax plan will be seen as a strength or a weakness is an open question.

“I guess we’ll see what the polls say next week,” said Grover Norquist, head of Americans for Tax Reform. Norquist had been critical of Cain’s original proposal.

Not everyone is disheartened by Cain’s missteps. Kay Godwin, co-founder of Georgia Conservatives in Action, said she is still solidly behind him.

“”Look at Romney and Perry at the last debate. They can’t even be civil to each other on a stage in front of a national audience,” Godwin said. “At his core, Herman has the heart to save this country.”

http://www.foxnews.com/politics/2011…nal-spotlight/

FBI targeting preppers

September 27th, 2011

Oath Keepers Member Writes Senator Expressing Concerns About FBI Targeting Preppers for Surveillance and Senator’s Staff Reports His Letter to the FBI.
http://oathkeepers.org/oath/2011/09/27/oath-keepers-member-writes-senator-expressing-concerns-about-fbi-targeting-preppers-for-surveillance-and-senator%E2%80%99s-staff-reports-his-letter-to-the-fbi/
17
Sept. 26.  Oath Keepers
Below is a letter sent in to Oath Keepers by Mark Matthews, who is a lawyer, veteran, and Oath Keepers member from Richmond, Virginia:
Stewart,
I read your article on the Oath Keepers website about the Colorado FBI surplus store flyer, and I was so incensed that I sent a copy of the flyer to Senator Jim Webb of Virginia asking him to look into the FBI’s behavior.  Little did I know that my request for my Senator’s oversight over the FBI would result in me being reported to the FBI.
What really concerned me about the flyer was that many of the items listed on the flyer as suspicious are actually items that FEMA encourages folks to buy as preparedness supplies.  FEMA’s website Ready.gov encourages citizens to purchase waterproof matches (http://www.ready.gov/america/getakit/index.html) and nonperishable food that requires no refrigeration, preparation, or cooking such as MREs (http://www.ready.gov/america/getakit/food.html).
FEMA’s own website encourages Americans to be prepared for natural or man-made disasters.  But now, normal citizens can be caught in a catch-22 where they are deemed suspicious by the FBI for purchasing items that FEMA says they should purchase.
Senator Webb’s office got my letter.  First off, the staffers who got ahold of it misread it, because the response from Senator Webb’s office seemed to think the flyer was distributed by the surplus stores, not by the FBI.  But even worse, the response stated ‘I am sending your letter to the Federal Bureau of Investigation for their consideration and response and have asked that they keep me informed of their progress in this matter.’  I was amazed when I read that, because the last line of my letter asked my Senator to look into the FBI’s actions before the country reached a point where merely writing my Senator was enough to make me suspicious.   I was not expecting my letter to be sent on by my Senator to the very law enforcement agency I am criticizing.
This was probably just a response drafted by one of Senator Webb’s staffers, and I don’t believe Senator Webb personally directed this.  But, it’s bad enough that the FBI is asking surplus stores to start demanding identification from customers and snitch on folks who pay in cash; and now, I have serious doubts whether I can trust Congress to provide oversight to the Executive branch’s law enforcement agencies.
Mark Matthews
Here is Mark Matthew’s original letter to Senator Webb’s Office:
Matthews Letter to Sen Webb
Here is Senator Webb’s reply:

Six-figure salaries, but homeless

click link for videohttp://money.cnn.com/2011/10/21/pf/a…htm?iid=HP_MPM
By Blake EllisOctober 21, 2011: 7:30 PM ET

0:00 / 3:47Seeking fortune in a Walmart parking lot

WILLISTON, N.D. (CNNMoney) — They’re pulling in fat paychecks, but now they’re also homeless.
In the town of Williston, N.D., America’s newest oil boomtown, more than 6,000 job seekers have come from every corner of the country looking for work. Yet, oil companies and other developers haven’t been able to build housing units fast enough.

In the past year, only about 2,000 new housing units have been built, leaving many workers out in the cold.
With dozens of job seekers arriving by the day and fewer and fewer spots for them live in, people are taking some desperate measures.
Newer arrivals who can’t find vacant hotel rooms or apartments sleep in their cars or in sleeping bags on spare patches of grass along the highway. The luckier ones nab a spot in one of the dozens of dorm-like facilities, known as “man camps,” that the oil companies have built to house their workers.
The living conditions are far from ideal, but to some of these workers the lure of doubling or tripling their salaries far outweighs the physical and mental toll it can take.
My street address is the Walmart parking lot
In July, Matt was transferred from a Walmart in Minnesota to Williston’s only Walmart — more than doubling his salary. After arriving in the town he bought an RV to live in and soon realized that the store’s parking lot was going to be the closest thing to home he was going to have for some time.
Each day, he buys something from the 24-hour Supercenter so he has an excuse to stay there. At night, Matt (who asked that his last name not be used) and his neighbors break out their lawn chairs, a grill and some beers and tell stories into the wee hours about where they have come from and what they are doing — or hope to do — with the money they will make off of this black gold rush.
“Some people look at us like we’re homeless,” he said. “But anyone who needs to find us can find us — we have a street address: it’s 4001 2nd Ave., Walmart.”
Double your salary in the middle of nowhere, North Dakota

LaRae and Scott Miles have been living with their two kids and three dogs in an RV parked in a Williston campground since moving from Washington more than a year ago.
“It’s crazy to go from having a home and a yard to living in an 8-by-10 trailer with no yard,” said their daughter Kimberly, a sophomore in high school whose belongings are in a suitcase stowed at the end of her bed. “It’s going to be a great day when we find a house.”
Before the move, the Miles’ were struggling to make ends meet. Now, Scott is making $20 an hour as a truck driver — double his previous salary.
“I’m happy we moved out here, but I’m not happy about how we live,” said LaRae. “We’re looking for something more permanent to rent, but this is about all we can do.”
Life in the “man camps”
Even those who have a place to live find the conditions tough. Many of the major oil companies that are cashing in on the oil discovered in the Bakken formation have been renting entire floors of hotels, spare apartments or building housing facilities — called “lodges” by some and “man camps” by others — in order to house their workers.
Halliburton, one of the major drilling and hydraulic fracturing companies in the region, even went so far as to have the Olympic Village housing units that were used for the security guards from the Vancouver 2010 Winter Olympics relocated to the town for its workers.
Benjamin Lukes, 31, has been living in Halliburton’s “man camp” for almost a year now.
Lukes is bringing in roughly $100,000 a year (including overtime pay), nearly triple the amount he made back in Minnesota when he was manufacturing plastics. But it means being far from his family and living in quarters that he likens to a “prison cell.”
The facility is wall-to-wall white, with long empty hallways and flourescent lighting. Lukes’ room is about 160 square feet, the walls are bare — except for a drawing from his daughter — and there’s a metal-framed twin bed.
The $400 a month he pays for rent includes housekeeping and three complimentary meals a day, making it the best deal around, he said. But he will never call it home.
“[My wife and I] talked about trying to find something in the area where I could bring them, he said. One of the local hotels said they would have an apartment suite available in February for $6,700 a month. “[Y]ou can imagine that wasn’t a real good option… there’s just nowhere to put them.”
Lukes hates that he missed the birth of his son this year, but knows he can’t support his growing family without this job.
“Each work cycle as I drive away seeing my two-year-old daughter’s face in the window, I wonder how much longer I can keep this up,” he said. “In the meantime, though, I keep getting promotions, and raises, and bonuses. It’s a mixed blessing.”
Surprise six-figure salaries

Cindy Marchello, who is 54 and from Logan, Utah, works for a trucking company and is the only woman living in her man camp. She pays $600 a month and has to share a bathroom with a man.
“I miss my family,” she said, sitting near the frames full of family photos she keeps on her bureau. “When I leave [after going home to visit], I have to leave in the middle of the night. I can’t tell everyone goodbye. And I cry all the way back.”
Efforts are being made to build more housing in Williston and other oil boomtowns. Some even see it as an investment opportunity.
Former New England Patriots football player Jarvis Green and his company, First Millenium Construction, are building a 500-person man camp in Watford City, less than 50 miles south of Williston. Green said he expects to make a 200% to 300% return on the multi-million dollar investment, and he said the lodge should be completed by the end of the year.
“Out there they don’t have a recession — you say that word out there and somebody would probably slap you,” said Green. “It’s the place to be.”
Are you living in a boomtown? If you know of an area where jobs are plentiful and high paying, and resources and housing are scarce, e-mail blake.ellis@turner.comfor the chance to be included in an upcoming story on CNNMoney.

October 23, 2011: The Next Big Day of Reckoning

Martin D. Weiss Ph.D. | Monday, October 17, 2011 at 7:30 am
Martin D. Weiss, Ph.D.
This coming Sunday, October 23, will go down in history as one of the most important days of the 21st century.
On that day, the leaders of 27 European countries will meet. They will announce a new master plan to save Europe. And then they will pray.
If their plan is not good enough, U.S. Treasury Secretary Timothy Geithner warns that Europe — and the entire world — could face “cascading default,” “bank runs,” and “catastrophic risk.”
Polish Finance Minister Jacek Rostowski says the euro-zone crisis is already suffering “a run on the sovereigns” — a mass exodus by investors from sovereign bonds.
French President Nicolas Sarkozy and German Chancellor Angela Merkel also openly admit the vast challenges they face. They know they have just six days left. And they know that before their time is up, they must find a way to …
• put Greece out of its misery with an “orderly default” …
• expand the firepower of Europe’s bailout fund for Spain, Italy and other European countries on a collision course with default, and …
• pump massive amounts of capital into European megabanks on the brink of collapse.
On October 23, Europe’s leaders hope they can do ALL this in one fell swoop.
But don’t be fooled!
Any New European Rescue Plan, No Matter How Big and Bold, Is Bound Cause an Even Greater Debt Catastrophe
Here’s why …
First, they’re running out of time! The crisis is already too far gone — Greek bonds trading at 40 cents on the dollar, Spain and Italy in a death spiral, and massive damage to the continent’s megabanks already done.
They can’t turn back the clock. And they’re nearly out of time.
Second, not enough money! The PIIGS countries alone have over $4 trillion in debts, much of which they’ll never be able to repay. And Europe’s troubled banks have far more.
This leaves a gaping hole that’s so large, even the richest countries in the world could not possibly fill it without gutting their own finances.
In fact, European leaders are trying so desperately to figure out where to get all that money, they’ve even asked emerging market countries to chip in.
Third, no way to stop a vicious cycle already in motion! Before they can get a dime of bailout money, the PIIGS countries must promise to drastically reduce their budget deficits.
Result: They’re forced to cut their government spending, crush their economy, kill their corporate profits, drive down their tax revenues, and, in the end, create even larger deficits.
This is why Greece is sinking so fast. And this is why, despite its Draconian austerity measures, Greece’s deficit for the first nine months of 2011 actually GREW to 19.2 billion euros, compared to 16.65 billion euros last year.
And this is also why we’re seeing similar vicious cycles in nearly every borrower that may need a bailout — not just banks but entire nations … not merely countries like Greece and Portugal, but also far larger economies like Spain and Italy … not just PIIGS countries, but also countries in Eastern Europe and elsewhere.
Fourth, expect many more credit downgrades!
As I showed you here last week, the countries and institutions downgraded by the major credit agencies in the last two weeks alone have $7.3 trillion in debts outstanding (see chart below).
Countries and Institutions Downgraded in
Past Two Weeks Alone Have At Least

$7.3 Trillion in Total Debts Outstanding
chart
But the most shocking news about this crisis is not how often banks and governments have already been downgraded … it’s how many MORE deep downgrades are now on the way!
How do we know?
Because the credit agencies themselves have warned that most of the downgraded countries are now on the chopping block for still more rating cuts.
Because the government bonds of countries like Spain and Italy are already trading at prices that imply far lower ratings.
And because the cost of insuring those bonds against default has already surged to levels that also signal far lower ratings.
Moody’s itself admits that these kinds of market indicators can often warn you about coming troubles far sooner than their own ratings!
Hard to believe?
Then look at this chart from Moody’s Analytics (October 6) on the company’s sovereign debt ratings of Greece. (I’ve added the titles, but the underlying chart is from Moody’s.)
chart
The analysts at Moody’s Analytics have plotted Greek bond prices on a scale that reflects the implied rating bond investors are assuming (the green line in the chart).
Plus, they’ve done the same for default insurance premiums on Greek debt (brown line).
Well, guess what! This chart shows that …
1.) Bond investors first “downgraded” Greek debt in a big way back in the fall of 2008.
2.) Default insurance traders followed with their big “downgrade” about a year later, toward the end of 2009.
3.) Moody’s itself didn’t announce its first major downgrade until the late summer of 2010 — nearly two years after the bond markets.
4.) And it wasn’t until this summer — nearly THREE YEARS after the first bond market signal — that Moody’s finally caught up with reality, downgrading Greece to Ca.
We’ve seen a similar pattern of falling behind reality at S&P and Fitch … with their ratings on countries, banks, big manufacturing companies, municipal bond insurers and many more. (For the evidence, see the case studies in my article of May 10, 2010.)
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The lessons to be learned: When countries, banks, or any other borrower is in a death spiral …
• Moody’s and the other major rating agencies rarely give an advance warning. Instead, they lag far behind the markets.
• Eventually, they catch up with reality. Unfortunately, however, by that time, the debt is already a disaster zone and most investors have already suffered massive losses.
• If you see a country’s bond prices plunge in the open market, it can be a reliable early indicator of surging default risk.
• And if you see default insurance premiums following a similar pattern, it can be a very reliable confirming indicator. That’s why we report regularly on both here in Money and Markets.
Bottom line: These danger signs are exactly what we’ve been telling you about each week for countries like Spain, Italy, Belgium, France and EVEN GERMANY!
Why is this so important? For one simple reason:
The bigger the rescue package announced on October 23, the bigger the damage to the finances — and to the credit ratings — of the countries that must finance the rescue!
And the more their credit ratings fall, the more expensive it will be for them to raise the money.
Ultimately, even the rescuers will need a bailout of their own, but none will be forthcoming.
This is why the cost of default insurance for France and Germany is now indicating a far higher default risk than it did even during the debt crisis of 2008-2009.
This is why the bonds of most European governments have been plunging in spite — or even because — of the tall promises we’ve been hearing in recent days.
And this, my friend, is why even the “mother of all bailouts” — or whatever is announced on October 23 — cannot, I repeat CANNOT, save Europe or the euro!
Yes, politicians may persuade some folks that they’ve “finally put this crisis to rest,” as they’ve done so many times before.
And yes, Wall Street may rejoice temporarily, as they’ve also done many times before.
But that’s not the same as stability. It’s not even enough to kick the can down the road. Quite the contrary, with both Europe and the U.S. now caught in a great debt trap, all the evidence indicates that the fanfare and hoopla are nothing more than a set-up for the next major collapse.
My recommendations:
Step 1. Consider any stock market rally — in anticipation of, or in reaction to, the October 23 Europe rescue package — a trap to avoid.
Step 2. Use any such rallies as opportunities to SELL your most vulnerable shares.
Step 3. To help determine which of your stocks are likely to be the most vulnerable, use our Weiss Watchdog. You can access it from the menu bar at the top of www.moneyandmarkets.com or you can point your browser to www.weisswatchdog.com.
Step 4. Also use Weiss Watchdog to check the safety of your bank, credit union or insurance company.
Step 5. Once the bulk of your money is secure, think seriously about seeking the massive profit opportunities that can be created by precisely this kind of crisis.
Good luck and God bless!
Martin

If Europe Fails……We’ll Have Bank Closures in the U.S…and a Huge Crash

by Clive Maund
Published : October 21st, 2011

http://www.24hgold.com/english/news-…tributor=Clive

Action yesterday across markets was bearish and set alarm bells ringing – in particular the action in the PM sector, where the Head-and-Shoulders bottom pattern that we have observed in PM sector stock indices appears to be aborting. If it does abort it will probably mean that the broad market will go into the tank, and that is precisely what we can expect to happen if Europe should fail.

It has to be said that up until now we – and most of the rest of the world – have blithely assumed that, confronted with catastrophe, European leaders will overcome their differences and solve Europe’s problems by printing up a few trillion euros to paper over the cracks, US style, and keep the show on the road for a year or two longer, but it is now becoming increasingly apparent that the scale of the problems is so gargantuan that there may be no credible or workable solution. The sad fact of the matter is that the bungling, discordant self-serving buffoons who run Europe may well have left it too late. If Europe should fail – and the markets look set to pass judgement on it next week, after a weekend of crucial meetings, then the consequences will be unthinkable, yet think about them we must.

if Europe should fail this is what we can expect to happen – European banks will crash and burn and take down major US banks, which are already walking wounded basket cases anyway. We are likely to see a lengthy unscheduled “bank holiday” – banks will slam their doors and if your money is still inside their vaults then you are out of luck. Major disruptions in supply and distribution of food and fuel in particular will trigger general panic, and riots and mob violence will spread rapidly – what we have seen on TV happening in Greece will suddenly happen on the streets of the US and many other countries. Stockmarkets will crash in a manner that will make 2008 seem like a “walk in the park”. Virtually every asset class and investment will crater – especially commodities, stocks and Real Estate. The euro will be vaporized. The tidal wave of funds liberated by this mass panic are going to have to go somewhere and normally we would expect them to go into the US dollar and Treasuries, but with US banks failing even this cannot be relied upon. The one surefire investment category that will shine – provided that is that the markets or brokerage houses etc involved with these transactions don’t themselves fail – is “misfortune securities”, meaning bear ETFs and Puts.

The gravity of this crisis is such that we are not simply talking about protecting investments and making opportunistic gains out of the mayhem that will ensue, if Europe should fail, we are talking survival issues as well, as due to the interconnected nature of the global economy things could become very ugly, very fast across a broad front. If you want to learn what life is like when banks suddenly slam their doors, then you should read up on the Argentinian crisis of the early noughties. The middle class suddenly found themselves disconnected from their savings, and as many of them lost their jobs at about the same time, they became instantly destitute, and forced to swap their possessions for food. Crime soared and people who had been used to living relatively cushy lives suddenly found themselves living on the edge in a law-of-the jungle nightmare. If Europe should fail this is what may quickly become reality not just in Europe but in the acutely fragile and vulnerable US and many other other countries as well. Other undesirable consequences will be unemployment rising to incredible unprecedented levels, so that students leaving college will have almost ZERO chance of finding work. The travel industry, much of which is non-essential, will be devastated with airlines slashing flights and going bust and hotels suffering extremely low occupancy rates.

With things rapidly coming to a head in Europe, this catastrophic chain of events could be set in motion as early as next week. So stop and think about this for a moment – WHAT WILL YOU DO, AND WHAT SITUATION WILL YOU FIND YOURSELF IN, IF BANKS SLAM THEIR DOORS WITHIN THE NEXT COUPLE OF WEEKS? – are you starting to see what I am driving at? Good, then here is what you do. You go down to the bank either today (Thursday) or tomorrow – we have the luxury of another day – and draw out a stash of cash – sufficient to keep you and your family in food and essentials for at least a month and preferably more like 3 months. When you stroll into the bank it will feel surreal, everything will appear normal and people will be standing in short lines and chatting and smiling etc, and you may find yourself thinking “That Maund’s lost it – he’s completely off his rocker”, but if the danger I have described should become reality then you are going to be mighty glad you visited the bank this week, instead of turning up in a couple of weeks to find the doors shut and a huge crowd of desperate people outside hurling rocks at the windows. If this danger does not become reality, and there is a miracle solution to Europe’s problems and everything returns to “normal”, then you have lost nothing and you can stroll down to the bank again and pay the funds back into your account in a few weeks time, once you are convinced it is safe to do so. No-one will think you are crazy because of course you don’t have to tell anyone why you are drawing out the money.

What would be the effect on the Precious Metals sector, if Europe should fail? – sadly it will crater along with the rest of the market and we saw early evidence of that with the “shot across the bows” yesterday when the sector fell heavily on a broad market retreat. Now, we don’t know for sure that Europe will fail, but the situation is very precarious and it looks like a 50:50 chance at this point that this dire scenario will prevail, or at least a 30:70 chance that it will. The danger is sufficiently great that we need to be aware of it ahead of time, so that we don’t get caught out and go into blind panic along with the mob. What you do about this will depend on your own personal situation and investment orientation. There are various ways to handle it – you can pull in close stops on PM investments, which is recommended, hedge with bear ETFs and/or options, and the more aggressive and opportunistic amongst you can set yourselves up to make a fortune in options if the markets crater, accepting fully the risk of losing your stake if the crisis is averted or at least postponed significantly.

Let’s hope Europe doesn’t fail – but be ready if it does.

 

 

 

 

Russian Leader Tells Top Generals, “Prepare For Armageddon”

Posted by EU Times on Oct 6th, 2011 // 39 Comments
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http://www.eutimes.net/2011/10/russi…or-armageddon/

A grim Federal Security Services (FSB) report on Prime Minister Putin’s plan to meet China’s leader Hu Jintao [both pictured top photo right] in Beijing next week warns that both Russian and Chinese military forces are being placed on their ‘highest alert’ in anticipation of a massive land invasion believed being planned by the United States of both the Middle East and Central Asia.

The plans for this “Total Global War” the Americans are preparing to launch were first revealed to China’s Ministry of State Security (MSS) by the former Blackwater mercenary Bryan Underwood who is currently being held by US authorities for spying and which we reported on in our 4 October report titled “China Warns Russia Of Coming American “Great Event.”

Within hours of Putin’s reading of the coming US plans for Total Global War, this report says, he wrote a rare article in the Izvestia daily outlining a grand project to integrate post-Soviet states into closer cooperation, scheduled an emergency trip to China to meet with Hu, and ordered the FSB to notify China’s MSS of the arrest and detention of their spy Tun Sheniyun who was captured last year for attempting to steal sensitive information on Russia’s most powerful anti-aircraft system.

As we had detailed in our previously mentioned report, the “New Great Game” moves being planned by the Americans that is striking fear into both Russia and China includes:

1.) The deliberate implosion of both the US and EU economies in order to destroy the Global Financial System that has been in place since the ending of World War II

2.) The launching of a massive conventional war by the US and EU on the North American, African and Asian Continents to include the Middle East

3.) During this all-out war the deliberate releasing of bio-warfare agents meant to kill off millions, if not billions, of innocent civilians

4.) At the height of this war the US and its allies will sue for peace and call for a new global order to be established in order to prevent the total destruction of our planet.

This past week an unidentified source within the US Department of Defense (DOD) further warned that the Obama regime was preparing for a massive “tank-on-tank” war and that US military forces are “expecting something conventional, and big, coming down the pipe relatively soon.”

To how close this war may be the FSB in their report states that it will be “much sooner than later” as the Americans have pre-positioned in Iraq nearly 2,000 of their M1 Abrams main battle tanks, have pre-positioned another 2,000 of them in Afghanistan, and between the Middle East and Asia have, likewise, put into these war theaters tens-of-thousands of other typed armored vehicles.

The “final piece” for the activation of this massive armored force, standing poised like a dagger at the heart of both Asia and the Middle East, the FSB says, is the call for a “Full Mobilization” of over 1.5 million American reserve forces which can occur at “at a moments notice” as the US is currently at war and needs no further authorization from its Congress to expand their areas of operation.

Important to note about the American plan for global domination through massive warfare is that it is not really a secret, and as (curiously) revealed on the tenth anniversary of the 11 September attacks upon the United States when the US National Security Archive released a memo written by former US Defense Secretary Donald Rumsfeld in September 2001 wherein he warned “If the war does not significantly change the world’s political map, the US will not achieve its aim.”

To what the “aim” of the United States is as their war against the world has now entered its 10th year, the FSB says, is to prevent “at all costs” the implosion of the US Dollar as the main reserve currency of the present global economic system before the West’s envisioned “New World Order” can be established.

The first threat to the Americans “master plan” for global hegemony came in November 2000 when the former Iraqi leader Saddam Hussein quit accepting US Dollars for oil and, instead, stated his country would only accept Euros. In less than 10 months the US was attacked and used that as an excuse to topple Hussein and reestablish the US Dollar as the world’s main reserve currency.

Interesting to note is the failure of Libya’s former leader Gaddafi’s plan to introduce the gold dinar, a single African currency that would serve as an alternative to the US Dollar and allow African nations to share the wealth, but which like Iraq’s Hussein “plan” brought a swift and brutal invasion by the Americans and their Western allies to keep it from happening.

The only nation that has successfully abandoned the US Dollar is Iran, who since February 2009 abandoned all American currency opting instead to value their oil and gas in Euros. Iran, however, and unlike oil rich Iraq and Libya, has not been attacked due to the Iranians having acquired from Ukraine between 6-10 nuclear armed X-55 missiles (range of 3,000km [2,000 miles]) in 2005. [Note: Former Ukraine President Viktor Yushchenko stated that the missiles sold to Iran did not contain their nuclear tips, a statement disputed by the FSB who states they were armed and “ready to fire.”]

This FSB report further states that both Putin and Hu were “enraged” by the deception of the West in regards to Libya, who after being given “absolute assurances” by the Obama regime that they weren’t planning an invasion, broke their word and did it anyway.

Russian and China, in turn, stopped the West’s plan for another war this week by their vetoing the US-backed plan in the United Nations Security Council to turn Syria into another Libya. So angry did the Americans become that their furious UN envoy Susan Rice stormed out of the meeting after the West didn’t get what it wanted.

Even worse for the West’s war plan against Syria was its President warning this week that if his nation was attacked by NATO he would cause to be fired hundreds of missiles into Israel’s most populated city of Tel Aviv within six hours, which would, of course, bring about a catastrophic nuclear response.

And in a preemptory move to counter the planned American blitzkrieg into Central Asia and Pakistan from Afghanistan, Indian Army Chief General VK Singh warned yesterday that thousands of Chinese military forces have now moved into Pakistan-occupied-Kashmir joining an estimated 11,000 more of them believed to have entered that region in the past year.

To the coming deliberate implosion by the US of the global economy, the FSB further says in their report, it now appears “certain” after a new report emerged this past from Philippa Malmgren, a former economics adviser to President George W. Bush, stating that Germany was preparing to abandon the Euro and has ordered the printing of Deutsche Marks to replace it.

Most frightening of everything in this FSB report, however, is the reply Putin gave to Russia’s top generals yesterday when asked what preparations should be made and he answered…. “Prepare for Armageddon.”