“Fed Risks Triggering Panic and Turmoil”: World Bank Warns Against Raising Rates

by | Sep 10, 2015 | Headline News | 75 comments

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    Could things crumble and crash over a simple rate hike?

    Many experts say they could, and well, things aren’t so simple after all.

    With all things being equal, and with respect to the status quo of the powers that be, the current state of affairs appear very …. um, delicate, and rather prone to disaster.

    By the official account, the Federal Reserve has been actively propping up the system with unlimited liquidity and dirt cheap money to the big banks to keep things from going under. Not that this is the whole story, but it’s a decent starting point.

    Because they have started something they cannot finish, everything is vulnerable to toppling over the moment that Federal Reserve “stimulus” and “aid” is removed.

    Now, even the World Bank is cautioning the Fed against taking action. So what now?

    FT reports:

    The US Federal Reserve risks triggering “panic and turmoil” in emerging markets if it opts to raise rates at its September meeting and should hold fire until the global economy is on a surer footing, the World Bank’s chief economist has warned.

    Rising uncertainty over growth in China and its impact on the global economy meant a Fed decision to raise its policy rate next week, for the first time since 2006, would have negative consequences… It follows similar advice from the International Monetary Fund where anxieties have also grown in recent weeks about the potential repercussions of a September rate rise.

    Such a decision could yield a “shock” and a new crisis in emerging markets, Mr Basu told the FT, especially as it would come on the back of concerns over the health of the Chinese economy that have grown since Beijing’s move last month to devalue its currency…. any rise would lead to “fear capital” leaving emerging economies as well as to sharp swings in their currencies. The likely strengthening in the dollar would also hamper US growth, he said.

    “I don’t think the Fed lift-off itself is going to create a major crisis but it will cause some immediate turbulence,” Mr Basu said. “It is the compounding effect of the last two weeks of bad news with that [China devaluation] . . . In the middle of this it is going to cause some panic and turmoil.

    At the same time, there has been too much unlimited Federal Reserve printing under quantitative easing, rounds QE1, QE2 and QE3 and beyond (rumors of QE4).

    There has been a continuous downpour of liquidity under a zero percent interest rate since the financial crisis in 2008 – and as things have played out, this has gone so far that interest rates have actually reached negative.

    Negative, as in less than zero. Negative interest means that investments produce no returns, and may carry costs. Negative interest means that savers, pensioners and insurance policies cannot operate normally. This undermines the normal function of an economy, and only serves those at the top with free access to the feeding trough.

    Negative interest rates are a big problem – that much the system admits.

    But it’s damned if you do, damned if you don’t. The Federal Reserve has been terrified to raise rates, because it could unleash all out disaster. But the economy has already returned to the brink, and right now the stock market only appears normal due to artificially propping it up (again).

    The Fed is tip-toeing around this potential rate hike because the global economy could falter as a result:

    “The world economy is looking so troubled that if the US goes in for a very quick move in the middle of this I feel it is going to affect countries quite badly,” he said.

    […] The Fed’s chair, Janet Yellen, has repeatedly signalled that she expects to raise rates this year for the first time since 2006. (source)

    As Peter Schiff and others have warned, the Federal Reserve is reluctant if not refusing to hike rates – though the situation calls for it and has for years – because to do so would mean popping the stock market bubble it has created.

    Not only will the global economy take a hit if the rate is hiked, but the move would be equivalent to pointing out that the emperor is wearing no clothes.

    Only the Federal Reserve and its Wall Street cronies know full well that the system is a farce and illusion, and prefer to go on profiting at the expense and gullibility of others. Further, the mainstream media, White House and Washington power brokers are all just as willing to keep going along with the lie, because all are invested in maintaining this gross and gargantuan deception.

    Read more:

    “Everyone Preparing for the Wrong Outcome”: Schiff Says QE4 is Coming, Not a Rate Hike!

    Federal Reserve Leveraged Like Crazy, One Interest Rate Rise From Bankruptcy

    Will the Fed Hesitate? “Everything is Too Vulnerable” for Rate Change, Says Ron Paul

    The Federal Reserve Has Unleashed a “Virus Of Radical Monetary Policy”… and There’s No Going Back

    Oil Endgame? Pushing Point Where “Exporters No Longer Able to Fund Their Welfare States”

    URGENT ON GOLD… as in URGENT

    It Took 22 Years to Get to This Point

    Gold has been the right asset with which to save your funds in this millennium that began 23 years ago.

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      75 Comments

        • Islam is Islam.

          Damn skippy. You got that right.

      1. Wondering what the puppet masters are weighing at the moment. Flip a coin maybe?

        • POP: probably making plans for an All Night Shmita Party on Saturday night with $500 bottles of Crystal Champagne, unlimited lines of cocaine, and boy toys for the pedophiles.

          Just my best guess. 🙁

          • No doubt. I’m sure Bwarney Fwank will be the “Belle of the Ball”.

        • Obama planning to admit 10,000 Syrian refugees

          “The U.S. is preparing to take in at least 10,000 Syrian refugees in 2016, the White House said Thursday.

          White House press secretary Josh Earnest said President Obama has directed his team to drastically increase the number of Syrians allowed to resettle in U.S. in the next fiscal year, beginning Oct. 1.”

          http://www.msn.com/en-us/news/us/obama-planning-to-admit-10k-syrian-refugees/ar-AAe9UDZ?ocid=spartandhp

          • One of his parting gifts to us from the Commander-an-thief.

      2. Humpty Dumpty sat on a Wall,
        Humpty Dumpty is about to have a great fall,
        All of Yellons Horses and all of Yellens Men,
        Will be crushed over and over again.

        Moral of the story…?

        End the FED..

        ~WWTI

        • Did he fall, or was he pushed?

      3. The possibility of a rate hike will be high, “if”, there is a planned crash on the horizon.

        To squelch some panic selling, all they have to do is announce that there will be no interest rate hike until after December.

        Then again, market hype can swing the wrong way over the world markets and the fed option won’t make any difference.

        All, world markets showing red over the past 18 hours. ??????
        Does Shemitah Cycle have more influence than most believe?

        The last paragraph of Mac’s article says it all.

        • 9/11 tomorrow… If a planned crash is to occur and the elites want to take our economy down that will include bank holiday’s, I believe it will occur on a Friday, were the markets are closed and people’s mind sets will be thinking that Monday it will be good again…. kind of a delayed uprising, so they will have time to get their martial law in order.

          • Stan522: I’ll take the other side of that trade. It opens down and then miraculously reverses and ends the day UP, just because I am a contrarian.

            Its a 50/50 proposition. 🙂

            • Stan522: All of the US markets today, ended UP. 🙂

        • Enjoy your vacation dear passin.
          May the Lord bless you and keep you, may the Lord make
          his face to shine upon you, and give you his peace.
          Safe journey brother xXx

          • Why don’t you just stick your nose up his ass further, it’ll save you the time of typing.

          • Thank you from the bottom of my heart, and I wish you likewise.

      4. Most of the Asian markets ended up in the red earlier this morning. Bombay was in the red most of the night, but ended up slightly in the green by closing. So I think the DOW may go down again today.

        • Well, the DOW started out negative this morning, but recovered. Then it headed down this afternoon, but the market closed before it got back to negative territory. The European markets closed down for the day. The DOW might continue going down Friday, 9-11.

      5. Speaking of financial turmoil in the US, it seems there is a workable alternative to the financial monster known as “ObamaCare”:

        http://www.johndenugent.com/enationalist/forget-canadian-and-british-health-care-the-franco-german-system-works/

        “What many in this dumbed-down society do not realize is that the United States is literally the only advanced country in the Western world without universal health care. I have actually lived in France and in Austria, was married to citizens of both those countries, and I have used their health systems, which are patterned after those of Hitler’s Germany. No one in any Western country would dream of reverting to our American system of hyper-capitalism, where bureaucrats in private insurance companies, dominated by Wall Street, decide which of your illnesses are denied coverage, or half covered, or rejected as a pre-existing condition. As a result of our private health bureaucracy, the number-one cause of personal bankruptcy today in America is gigantic medical bills. No European, Canadian or Australian faces such a financial shipwreck when he or she falls sick.

        In 2005, when I was married to a French citizen, I was in the French universal health care system for treatment for four months, patterned on the German system founded by Otto von Bismarck in the 1880s, expanded under the Weimar Republic (1919-33) and completed by Adolf Hitler (1933-45), and my experience was that it was superb. In fact, it is considered the world’s best, better even than even the German system nowadays. It costs plenty, but then France does not pay for 11 aircraft carrier battle groups to ply the seven seas firing missiles off and launching jets to bomb caves. The French live two years longer than we do because of this system, and despite their smoking like chimneys.

        The German and French system is based on obligatory payments by employers to a locally run fund. The employer then deducts part of his payment from the worker’s paycheck. The system at first insured only the poorest members of society, but then was expanded to now over 90 percent of the population in both countries.

        The main changes under Hitler to the original German plan were fivefold: 1) Hitler gradually fired all Jewish doctors by 1938, his fifth year of power, which created more work for German physicians and made them very happy; 2) his government took over control of the local funds, doctors had no more headaches dealing with them, and their incomes went up; all doctors became members of the new government-run Reich Chamber of Physicians; 3) abortions and contraception were banned so the birth rate would increase; 4) imitating legislation in many states of the United States, the severely mentally retarded were sterilized, if the cause was hereditary, although only after a strict procedure of hearings, so their birth rate would decline to zero; 5) Hitler had a brief peacetime program, ended after Catholic protests, to mercifully euthanize psychiatric inmates who had been complete mental vegetables for years or who were violently insane, hurling themselves against walls, living for years in straitjackets and trying to bite themselves, staff and visitors, but this was carried out only if the cause was hereditary, not, for example, from a blow to the head. This euthanasia program was secretly restarted during the war, Hitler saying that while the best men are dying at the front, and the nation’s survival is at stake, we cannot afford to keep feeding the most useless. All five innovations by Hitler were canceled by the Allies when they occupied Germany in 1945.

        The reason why the French, using the German system, live two years longer than Americans is yes, their red wine, and likely also their lower divorce rate, and the French sense of humor about life, but more importantly, every Francais (and every Deutscher in Germany) can run to the doctor at the first ache, twinge or pain and get it checked out long before the problem gets worse.”

        • 1938 Austria Socialism – history you probably never read about…

          Don’t Let Freedom Slip Away
          By Kitty Werthmann

          “What I am about to tell you is something you’ve probably never heard or will ever read in history books.

          I believe that I am an eyewitness to history. I cannot tell you that Hitler took Austria by tanks and guns; it would distort history. We elected him by a landslide – 98% of the vote. I’ve never read that in any American publications. Everyone thinks that Hitler just rolled in with his tanks and took Austria by force.”

          Health Care and Small Business Suffer Under Government Controls:

          “Before Hitler, we had very good medical care. Many American doctors trained at the University of Vienna.

          After Hitler, health care was socialized, free for everyone. Doctors were salaried by the government.

          The problem was, since it was free, the people were going to the doctors for everything. When the good doctor arrived at his office at 8 a.m., 40 people were already waiting and, at the same time, the hospitals were full.

          If you needed elective surgery, you had to wait a year or two for your turn. There was no money for research as it was poured into socialized medicine. Research at the medical schools literally stopped, so the best doctors left Austria and emigrated to other countries.

          As for healthcare, our tax rates went up to 80% of our income.”

          Mercy Killings, Redefined:

          “In 1944, I was a student teacher in a small village in the Alps. The villagers were surrounded by mountain passes which, in the winter, were closed off with snow, causing people to be isolated. So people intermarried and offspring were sometimes retarded.

          When I arrived, I was told there were 15 mentally retarded adults, but they were all useful and did good manual work. I knew one, named Vincent, very well. He was a janitor of the school.

          One day I looked out the window and saw Vincent and others getting into a van. I asked my superior where they were going. She said to an institution where the State Health Department would teach them a trade, and to read and write.

          The families were required to sign papers with a little clause that they could not visit for 6 months. They were told visits would interfere with the program and might cause homesickness.

          As time passed, letters started to dribble back saying these people died a natural, merciful death. The villagers were not fooled. We suspected what was happening.

          Those people left in excellent physical health and all died within 6 months. We called this euthanasia.”

          http://www.crossroad.to/articles2/010/fascism.htm

      6. How the lies catch up with them.

        My take is the Fed wants the illusion that the economy is doing good. So they trumpet a rate hike. The facts show that we have an ailing economy and a rate hike would kill it. Otherwise they would have done it by now with all the hype pertaining to the markets and whose statistics you use.

        Cyber wars, Money Wars, Religious Wars. Race Wars,

        We will get our fill of them soon.

      7. This is the same BS Tactics The sky will fall and another reason to roll out more free QE money for the banks at taxpayers expense.

        Back is 2008 they cried if the bailout of the banks doesn’t happen there will be “Economic Martial Law”. It frightened the politicians and the all caved. The Bamks took tje free money gave them selves bonuses and headed back to the casino buying their own Co’s stock back. Its time for “Politician and Banker Martual Law” Put them all in FEMA Camps and seize all their assets to Roll out Recovery of America Financial Plan.

        Never Trust a Criminial when he’s pointing a Gun at your head and shaking like a tree. Let the Fckers Crash. It will bring these Thievin Aholes back to reality and our standard of living.

        ~WWTI

        • WWTI, in 2k8, the head of the Fed Reserve was in front of Congress saying if the bailouts didn’t happen that there’d be tanks in the streets. That was “Fear Porn” at it’s highest and finest level. It also demonstrated that it is the Central Banks and the rest of these rotters own and operate the USSA and a majority of the rest of the “First World” economies.
          Keep prepping.
          Be well.
          Cat

      8. Sooner or later the lie of the economy will be exposed and sadly will cause a lot of pain.

      9. Today I am going to do a weapons and gear check because tomorrow is 911. Why? Mainly that I update the brain where everything is located. Another reason is all this numerology with the sevens and six’s. The IMF woman with her statements and of course the Shemitah. If only I could hit the Powerball numbers. But dates and numbers have become very powerful symbols for enemies to use as rallying points.
        Don’t be scared, just be aware.

        • I think you are right in your thinking Slingshot. Been focused on the 9/15 date and hadn’t given 9/11 a thought but it makes sense. Today will be energy day for me. Gas swapped out, propane tanks filled and take a look at the solar situation. Powerball would be nice and just my luck to hit it as the system collapses. Read a OK book called The Shelter the other day about a guy who wins the lotto and shtf.

          BigB

          • Good time to finalize some preps, BigB. Good pointers about swapping out some stored gas, and re-filling propane.

            We just finished last canning of green beans yesterday, and heading to the Sam’s Club for adding a few more items, just in case.

            More beans (wife says we have enough), more coffee filters, not so much for us, but we have a major spring source that might help neighbors that have only drilled wells. If there are heavy rains, it can become dingy so we are preparing for worst case scenarios for others. Filter and boil for extra caution.

            A full blown market crash will not directly affect our situation, in the short term, but long term..who knows?

            While reading an article by Bill Holter, titled “The Breaking Point”, he posed a question that made me stop and think.

            The question….”is there a bigger word than crash”?

            • That bigger word than “crash” is being screamed out loudly by some, such as Jim Willie.

              That is “the death of the dollar”.

              It could come as soon as next month, but time will tell.

              The dollar props are weak, and there isn’t much else to hold it up. i believe the death of the dollar brings about martial law, and there won’t be a potus election, if it happens before Nov 2016. But then again what do i know. I’m just an old retired hillbilly truck driver, that is a preacher want-to-be.
              There atheists, i said it, so you don’t have to keep repeating yourselves. lol!

      10. I can’t see anything happening before next years elections.

        The caveat, maybe, being unless a Republican -i.e. Trump- that the establishment doesn’t want elected looks like he’ll win and a crash could be pinned on Republicans to prevent it.

        • As always Anonymous I’d rather be safe than sorry. I know the fear porn wears thin but some thing about staying vigilant in what might happen makes me feel a little more safer about what the morrow may bring.

          BigB

      11. Remember those little smoke bombs you would buy for the Forth of July. How did they manufacture them?
        Here is the recipe.

        How to a Make a Smoke Bomb
        To make a smoke bomb you will need four primary ingredients and one housing element, housing element can be a Campbell’s Soup can, potassium nitrate (otherwise known as saltpeter), granulated sugar, fuse, frying pan, and aluminum foil. To make a simple smoke bomb follow these steps;

        Open your soup can, empty, and clean it out. Do not disregard the top.
        Mix together 3 parts potassium nitrate, and 2 parts granulated sugar.
        Bring your frying pan to a low heat and add your mixture from Step 2.
        Continue mixing with a plastic whisk until the powdered mixture fully liquefies.
        While waiting for the mixture to liquify grab your soup can top, drill five circles an 1/8th of an inch in from the edge and one in the center.
        Pour the mixture into the the soup can, place the top of the soup can on top of the can.
        Insert your fuse through the center hope until it reach the bottom, trim excess according to desired time to ignite.
        With the lid off allow 6-8 hours to fully harden.
        After the mixture has hardened put the can top back on threading the fuse through the center, and seal to the can with a 1/16th in bead of silicone.
        Other Smoke Bomb Mixtures
        Like I said there’s plenty of other smokebomb mixtures, but the most nasty and effective mixture includes white phosphorous, in which I will write an entire article dedicated to. The variants of smoke bomb mixtures vary greatly such as; red smoke (potassium chorate 15%, paranitroaniline red 65%, lactoise 20%), green smoke (synthetic indigo 26%, auramine yellow 15%, potassium chlorate 35%, lactose 26%), any color smoke (potassium nitrate 6 parts, sugar 4 parts, 1 tbsp baking soda, 2 tbsps powdered dye), and many other variations.

        xxxxxxxxxxxxxxxxxx Stump Remover by Spectracide is Potassium Nitrate. Also use protective gloves because if you get it on you skin you are going to itch like crazy.

        Check the internet/Utube and see how the different mixtures work.

        • Slingshot, a couple of items- don’t forget to eat the soup you poured out ( wouldn’t want to waste anything, right?). The other item is test your fuze timing by measuring a section-cutting it down to give you a time length. The current lot of fuze I’m using gives 2.5″ for 5 second burn time before ignition.
          Just some thoughts. And thanks for the article.
          Be well.
          Cat

          • Cat Herder.

            You can buy all sorts of pyrotechnics. Basic Marine Signal Flares and Smokes. Different timing road flares. They have their place and usage. Hard core can buy the military smokes at about $50 a whack at the gun shows.

            Just don’t burn the house or the woods down. Hahahaha!

            • Slingshot- I’ve used small aspirin bottles with cannon fuze, and a pack of “Snakes” you get from fireworks stands. Grind up the Snake tablets with a non-sparking tool, pour the powdered mix into the bottle, insert fuze through the snap on cap, light and fill up a 12×12 room with some dense smoke. (The size bottle I’ve used is rather large-almost 12 ounces dry measure.)
              But yeah, the formulation you have is far better. But, McGyver runs thick in my blood.
              Be well.
              Cat

      12. Something happened in the COMEX with gold. Zero Hedge.

        • FYA says:
          Comment ID: 3444062
          September 9, 2015 at 12:54 pm
          ht tp://www.zerohedge.com/news/2015-09-09/something-just-snapped-comex

          REPLY
          Jackbooted Rascal says:
          Comment ID: 3444068
          September 9, 2015 at 1:08 pm
          FYA Good link. Gold, if ya can’t hold it ya don’t own it.

      13. They way I see it, the Fed is a psychopath holding a sharp knife and it is threatening to stab itself.

        If the Fed raises rates at this point with over $18 trillion in debt, it will be a spiral circle down the toilet at hyper speed. It will be seen as that point in time where the interest owed on the debt started to escalate at a pace seen as that knife entering the heart.

        Perhaps it is purposeful……

        • So I’m no economic guru but check out this guy, go to comment and click on link. This shows a potential 10,000 point + drop in dow.
          ht tps://www.youtube.com/watch?v=yupf7yjssD0&feature=youtu.be

          And why hasn’t the debt clock moved in 175 days?

      14. I feel like a number, I’m not a number, though I’m numbered. Number is a reference to smoking a joint, like roll me up a number. In that case, I’d rather be numbered out. Everybody has their number in one way or another.

        • Yes, and the Word says even the hairs on our heads are numbered.

          Think about that for a minute.

          Since 1985, they have had to change that number many times.
          But of course, I have heard that a sure sign of old age is that the hairs that were once on your head, are not really gone, they are just coming out of your ears and ass.

          • Oh brother… Chuckling merrily away.

      15. IMF Vs Fed. Only a “…” screams and cries while beating you to death.

      16. Kind of like a Kraken when it’s small and tiny it’s cute and even cuddly, but now it’s a monster with thousands of eyes and millions of tentacles. It’s become so grotesque and it’s inventors are dead and gone and now it’s caretakers are deathly afraid of it.
        NOW they quietly say under their breath
        THIS BEAST WILL KILL AND DESTROY EVERYTHING

      17. Even the CIA is saying that there is a depression coming.

        Why would the CIA know. Maybe because they are in the rest of the world and can see what is going on. They are not like the MSM and the Fed telling lies and hiding the truth. Or are they?

      18. There are plenty of us that are ready for whatever comes our way and the subject of money can be a very argumentative issue when buying prep gear.

        The paper money is not worth anything. It is what you do with it.

        An example when buying stuff.

        A simple hammer. How many uses do you get. Pry nails. Hit nails. Break apart objects. Tap objects into place. Make sounds/music? Use as a weapon.
        A Dumb old hammer but many uses.
        So if you are short on cash. Check out the prices and if the object you want to buy has multiple usage.

        One subject that has not discussed is salvage of material. What do you need to bring the materials home.

        • I’d rather have a basement full of machine tools than a basement full of gold or silver.

      19. The sooner the Corporatist Fascist evil vile disgusting shithole of the world collapses, the sooner we can round up and arrest all the boot licking filth in the Republican and Democrat Parties of pure evil shit stains for TREASON, GENOCIDE, and CRIMES AGAINST HUMANITY.

      20. We’re looking at another man made hell coming our way real soon, on all fronts. The Bible calls it the time of Tribulation. If we are in Rev. 6 now, the mass global deaths will be coming soon. 1/4 of the global population. A lot of people will be seeing Jesus real soon. Its way past the time to be moving closer to the Lord Jesus. Repentance and asking forgiveness of our sins. Sin makes people stupid. It makes me stupid. I’m off my soap box now, but take the time to get to know Jesus better. Ask him to come into where you live. In your hearts. Hope to see you all on the other side.

        • Amen TR.

          Salvation of the soul is most important.

          Then learning what events are coming and how to walk in the light during the days of darkness and tribulation.

          I don’t really believe we are quite into the sixth seal yet.
          Yes there are events that are setting up for it though. The question remains, just how long will it be before it actually floods the world with tribulation?

          In some areas everything is very much business as usual. We hear things, but we haven’t actually begin to see and feel the effects yet. That is about to change.
          According to Daniel, the final seven years will culminate (last 3 1/2 years shortened to a five month period) with the return of antichrist (satan) and his army of angels. That seven year period is still a ways off. When we see those millions die, then we can say we are deep into that period of time that brings him in to pronounce world peace by his deception as being the Messiah. Comes in peacefully and prosperously, as the Lamb slain, but speaks as the dragon.

          Many biblical prophecies must be fulfilled before that can begin. The next big two events will be, i believe, the final destruction and depopulation of Damascus. Then the Gog/Magog invasion of Ezekiel 38/39, which, if there is a “literal” seven year period included in that,as the scriptures infer, it may signal that final seven year period of tribulation, which eventually will usher in the antichrist, and the Sixth Trump, of which Rev. 6 is a picture of. 666 = sixth trump,sixth vial/cup (of wrath), and sixth seal (the information or the understanding of that information “sealed” in our minds).

          Some disagree, and that is OK. We just agree to disagree.

        • Nobody is going to see Jesus anytime soon because he does not exist. Just a man made fabrication to appease the masses.

          • MASSES! So why SO many not believing?
            The way is hard and only a few travel it.

          • You have a surprise awaiting you in your future.

            • That’s for sure, when he realizes there’s no sky entity to swoop down and save him from all his beloved doom porn.

      21. Toolmaker….while I respect your spiritual beliefs but I won’t let a rapist to continue the rape hoping to see God when he is done. Kill the men who is behind the man made hell.

      22. Items you should have and things to be checked.

        Do you have enough tape, nails, screws, nuts, bolts, washers. How about spot ties and bungee cords.

        How shape are you knives, axes, shovel edge, chisels grinding discs. Do your power tools still work? Oil and stabilizer for yard
        gear and chain saw. Garbage bags and tarps.

        Oil levels on car, lawnmower, motorcycle and 4w drive.

        Spend the money at the lower prices to get what you need.

        • Picked up two rolls of Gorilla tape. You can wrap your ferrous rod at one end to make a handle and then pull some off for a fire starter. Works well. I also heard that regular duct tape will do this too, but have not tried it yet.

      23. Prep. There a lot of sales going on right now with regards to firearm accessories. If you can afford it, you might consider getting more stuff. Especially, high cap mags. You know darn well that Obummer is going to enact some Executive Order against high caps before he leaves office. If nothing else, you can make money on selling your extra high caps during the next panic. Last time, I saw people paying $2000 for a standard AR15 that normally went for $800 prior to the panic. I never gouge, but I saw a lot of that going on last time.

      24. DOW +14
        Dow Futures +40

      25. Warning
        some very disturbing pictures

        Before you follow Pope Francis’ command to prove yourselves worthy of him…

        ht tp://www.theburningplatform.com/2015/09/10/before-you-follow-pope-francis-command-to-prove-yourselves-worthy-of-him/

        “80% of rapes in Sweden are committed by musloids.

        100% of rapes in Norway last year were committed by musloids.

        THIS IS REALITY.”

        • Satori

          Real Graphic.

          Still who gives a shit until it happens to their family and the P.C. and goody two shoes will still want you to take them. Stupid is, as stupid does.

          They world should place all the dead bodies of the victims of Islam in Vatican square and have the POPE smell and look at them.

          • Hey sling, I wasn’t going to offend you by speaking to you again since you have coined me as your “enemy”; but, I am curious about something.

            i read where 70,000 bosnians were brought in to Jacksonville,FL,as refugees, after those wars. If so, have you heard of mass rape and other crimes committed by them, in any of your areas?

            • PWTW.

              It is hard to tell for the news does a good job of covering things. For instance they will give a section of town and not the exact location. Many times they leave out photographs of the perps. As for 70,000 refugees. I have not seen them. I see some in the Flea Markets selling items. They speak English. I believe they speak Romanian. Hard workers. Most are middle aged. But I can be wrong because they have a wear about them. You can feel they have been through hard times. See it in their faces.
              What I read is most refugees are sent south to the Orlando and Miami area. Sanctuary cities. No influx of refugee crime. Plenty of drive bys and black on black crime with the occasional police shooting.

              • Thanx

            • no sign of that in jax at all, at least not those numbers.

      26. Australia has a big problem just like this. Australia has a Mideast migrant crisis also. Rapes committed by the Muslims.

        • Ain’t no wonder. Ever smell them muslim women that work behind the 7-11 counter. The body odor oozing off of them is stifling and that’s from a distance of several feet. Smell like an orangutan.

          • Smart women. When enslaved in a culture where rape is condoned and murder of child and family is also permitted from what I have read. Would love to hear some Muslims explain if these are tenets of Islam or cultural from some specific groups or what.

      27. BUSTED FOR CRIME MR POPE FRANCIS, YOUR FRICKIN CRIMINAL AND FELON AND HOMESEXUAL ADVOCATE OF YOUR UNITED NATIONS MUSLIM ORGANIZATION.

        THE UNITED NATIONS SEND IN AID TO THE MUSLIM ILLEGALS “MIGRANTS” LOADED WITH WESPONS, AK’S SHOT GUNS, ETC TO SO CALL AID THE REFUGEES

        http://allnewspipeline.com/ISIS_Refugees_Weapons_Greece_Attack.php

        http://allnewspipeline.com/ISIS_Refugees_Weapons_Greece_Attack.php

        DAVID HODGES DELIVERS THE BITCH SLAP IN THIS LINK.

        http://www.thecommonsenseshow.com/2015/09/08/sharia-law-is-replacing-the-u-s-constitution/

        This proves the what Dr James Garrow warned us about, as in the words, and info from the fired generals, and captains who was removed from the military command structure was correct, proving the David Hodges is 100000% on the money. With the information that leaked out from the sources, stating that a large contingent of these same refugee types coming in ages, 18-35, the are nothing but jihadist muslim fighters being brought in by the muslim administration inside our country to launch attacks in all our major cities as the pretext to declare martial law, to suspend the elections, proving that Dr Ed Dames telling us a few years ago, since his utube video of that interview was misteriously removed and no longer on the site for anyone view, was obviously taken down for a reason. Its not a wonder, that as soon as mentioned his name, i got attacked. You ass clown trolls think that your wining the information war, you are loosing and you have certainly lost this one. It looks like the syrian refugees will be all isis, but are being called syrians as a pretext to start the syrian war, and the pretext to declare martial law in America in a state of national emergancy ‘martial Law’ to so called give up the guns, and for the American to surrender to the jihadist, the russians, chinese, the cuban, and mexican military. I dont think so you pieces of sh….t agency ass clown trolls. I am sure that when its announced that the syrian refugees arrive, that they will be shipped to all the hidden training camps including the one thats in Brazoria County Texas, the so called Mcmoudberg isis training center. Get ready shtf-effers, something more serious that Nibiru is coming our way.

        NOTHING SUPPRISES US HERE AT SHTF.

        80,000+ SYRIAN REFUGEES MY ASS, MORE LIKE ISIS JIHADIST COMING HERE, BEING BROUGHT IN HERE, TO ATTACK THE AMERICAN PEOPLE WHEN THEY LEAST EXPECT.

        THE VIDOES ARE UP NOW PROVING THAT I AM RIGHT AND YOU ASS CLOWNS ARE FULL OF SH…..T. YOU LOOSE HE, HA.

        THERE YOU GO YOU AGENCY ASS CLOWN TROLLS, ANOTHER BITCH SLAP INTO YOUR FACE AS YOUR EMPLOYERS SHIP IN 80,000 SO CALLED SYRIAN REFUGEES, WHICH IS NONE OTHER THAN ISIS, BRING SHIPPED IN TO USE THEM TO START A CIVIL WAR IN OUR COUNTRY. I know, my grammar and fear mongering is nothing more than the rambling of medicated dude who cant type. WELL YOU ALL CAN GO F… K YOURSELVES.

        I know, its the meds and the crack pipe eh. Hope i doted my i”s and crossed my t’s and added my commas.

        Aka,

        HCKS.

        The anti agency ass clown advocate, The super agency ass clown super moderator extrodinaire.

      28. Other banking news…

        I received an email this morning from Netflix that they were unable to process payment on my card. The monthly charge is only $8.23 per month.

        I went to my bank and found out my Visa (debit) card had been hacked and Visa CLOSED it last week.

        Yet, NO ONE told me.

        The lady at the bank said that Visa does NOT notify them of closed cards. They only find out when customers come in and inquire why their card is not working.

        The lady asked me where I had used the card recently. The last charge on that card was at Amazon. She said other customers had come in with closed cards. Amazon was the only common vender with everyone.

        Yet, Amazon has not announced a breach. So, no one knows for sure.

        A new card was ordered. It should arrive next week.

        Another good reason to always keep some cash with you, because you never know what could happen.

        • Lotta times those cards that get compromised are compromised in foreign credit card processing centers.

          I had that happen to a brand new debit card that I had only used one time at a WalMart. Fortunately my bank caught it because it was being used in a (formerly communist) foreign country and stood out as a highly suspicious transaction so they called me to authorize if I was actually the one making it.

      29. Who elected the Federal Reserve?

      30. Latest military lab concerns involve plague bacteria, deadly viruses

        “for the first time since the scandal broke in May about an Army lab’s botched handling of anthrax, the Pentagon is now acknowledging that worries now extend to other lethal agents that it studies.

        In addition to the plague samples and some additional anthrax specimens, the CDC has raised concerns about military labs’ handling of specimens created from two potentially deadly viruses that are also classified as bioterror pathogens: Venezuelan equine encephalitis virus and Eastern equine encephalitis virus, which can cause rare but serious illnesses in people, including deadly inflammation of the brain.”

        “The suspect specimens, which may be live despite being labeled as killed or weakened, indicate a wider range of dangerous bioterror pathogens being handled using sloppy safety practices at laboratories operated by the U.S. military.”

        “pathogen specimens for researchers to use in developing and testing biodefense products”

        “The Pentagon had ordered an immediate moratorium on work with a wide range of potential bioterror bacteria, viruses and toxins at nine biodefense laboratories while they perform safety reviews to ensure they are properly handling select agent pathogens.”

        USA Today
        (currently Linked on Drudge Report)

      31. This nonsense has got to end. The Fed should immediately raise interest rates to at least 2% and no more QE. Screw the banks, screw the carry trade, screw derivatives and screw the stock market. Raising interest rates will start the economy to return to normal. If it doesn’t then there is no economy left to recover and then it doesn’t matter anyway.

      32. The feds understand this full well and will not raise the rate. They do not want this turmoil on their watch. However, if the DEMs loose the election next year, I believe that the last thing they will do before leaving office is to raise the rate high and blame the collapse on the GOP when they take office. Just think of the headlines and finger pointing then.

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