Canadian banking haven myth exposed

Canadian banking haven myth exposed

"One of the reasons that Canadians (and international commentators, other finance ministers and global financial institutions) buy this Canadian banking fairy tale is the way the government accounts for the money borrowed to support the banks." The sorry spectacle of Conservat

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Get rid of your mortgage, loans, because interest rates set to rise

Get rid of your mortgage, loans, because interest rates set to rise

Get rid of your loans, guys and gals, because we are going into a high interest rate period. Very high. It will be the equivalent of going into the double digit interest rates we had in the 80s where many people threw their house keys at the bank and we had record numbers of ba

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E-cigarettes save lives, money

E-cigarettes save lives, money

"We know that cigarettes have thousands of chemicals in them and we know that they are killing us. They have been for over a hundred years. So now, the e-cig industry comes along with only one or two chemicals in their mixture and people are freaking out over these as well. Whe

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US inches closer to big bank charges

US inches closer to big bank charges

Federal prosecutors are nearing criminal charges against some of the world’s biggest banks, according to lawyers briefed on the matter, a development that could produce the first guilty plea from a major bank in more than two decades. In doing so, prosecutors are confronting

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Canada’s home sales top predictions; why a real estate crash is inevitable

Canada’s home sales top predictions; why a real estate crash is inevitable

“The assurance of relatively low borrowing costs has likely given home buyers confidence while rising home values have kept new listings at a healthy level. Stable employment has provided some assurance to owners and buyers alike.” Our website is back after many months of

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Comparing today’s recession/depression to the 1980 recession

Comparing today's recession/depression to the 1980 recession

"Much like today, Americans were concerned not only with high unemployment but increasing budget deficits in the early 1980s. A September 1983 Gallup poll found that three-fourths of the public agreed that the federal government's budget deficit was a great threat (42%) or some

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Why savers are getting screwed

Why savers are getting screwed

"Without the intervention of economic policymakers, interest rates would be naturally higher. That would increase the cost of borrowing for businesses and consumers, but there would be some offsetting economic benefits. Savers are getting screwed by the current monetary policy

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Geithner admits USA bankrupt to US Senate

Geithner admits USA bankrupt to US Senate

"Never in our history has Congress failed to increase the debt limit when necessary. Failure to raise the limit would precipitate a default by the United States. Default would effectively impose a significant and long-lasting tax on all Americans and all American businesses

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World economies on verge of currency revaluations to deal with debt

World economies on verge of currency revaluations to deal with debt

"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning." -- Henry Ford Basically what the world central banks are doing is increasing their money by devaluin

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Is Obama the next Mugabe of Zimbabwe?

Is Obama the next Mugabe of Zimbabwe?

"America, Britain, Japan, Germany, France, Sweden, Holland, Norway, Canada and Australia make up the Fishmongers Group and their meeting on Tuesday will deliberate on the state of the inclusive government, debt relief, public finance administration and the controversial economi

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US raiding foreign countries with dollars, not soldiers

US raiding foreign countries with dollars, not soldiers

""The United States is going to China and saying: we want you to commit economic suicide, just like Japan did. We want you to follow the same thing: we want you to revalue your currency, we want you to squeeze your companies, we want you to go bankrupt,” says Michael Hudson,

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FDIC wants your retirement cash to save banks: Bloomberg

FDIC wants your retirement cash to save banks: Bloomberg

“The FDIC is constantly looking at structures where we can get the greatest opportunity to tap into capital that we have not had the success reaching through previous disposition methods,” FDIC spokeswoman Michele Heller said in an e-mailed statement. “We welcome and work

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candlight blackouts texas

“Large oil companies have for a decade artificially shorted the gasoline market to drive up prices,” said FTCR president Jamie Court. “Oil companies know they can make more money by making less gasoline.”

The following article was written by Paul Joseph Watson. He is the editor and writer for Prison Planet.com. He is the author of Order Out Of Chaos. Watson is also a fill-in host for The Alex Jones Show. Watson has been interviewed by many publications and radio shows, including Vanity Fair and Coast to Coast AM, America’s most listened to late night talk show.

Fury is building over rolling nationwide blackouts triggered by the Obama administration’s deliberate agenda to block the construction of new coal-fired plants, as local energy companies struggle to meet Americans’ power demands amidst some of the coldest weather seen in decades.

- As we reported yesterday, four hospitals in Texas reacted furiously after they were hit with planned outages despite being promised they would be spared even as power to Super Bowl venues remains uninterrupted.

- Thousands in New Mexico have been left without natural gas as Gov. Susana Martinez on Thursday declared a state of emergency. “Due to statewide natural gas shortages, I have ordered all government agencies that do not provide essential services to shut down and all nonessential employees to stay home” on Friday, Martinez said after meeting with public safety personnel in Albuquerque,” reports the Associated Press.

- Borderland residents have been asked to limit their use of natural gas as the Texas Gas Service asks that larger commercial facilities voluntarily close their doors to save supplies.

- People in Tucson have been asked to limit their use of hot water and moderate their thermostat levels to save on energy.

- Shortages of natural gas in San Diego County has forced utility companies to “cut or reduce the gas supplied to some of their largest commercial and industrial customers,” reports North County Times.

- In El Paso, “Hundreds of thousands of electricity customers continue to face periodic blackouts, and nearly 900 gas customers still have no heat,” reports the El Paso Times, with El Paso Electric resorting to using generators in a struggle to meet demand while still having to implement forced outages.

Coal-fired power plants are used to convert coal to synthetic natural gas. The Obama administration’s efforts to block the construction of new clean-burning coal plants has massively exacerbated this week’s outages.

Mexico has now announced that it will suspend supplying power to southern US states, underscoring how America has been left completely dependent and desperate as a result of the Obama administration’s war on the coal industry.

Cold weather is not the primary culprit behind the power outages that have hit many areas of the country this week. The real blame lies with the Obama administration’s deliberate war against the efforts of local power companies to meet America’s energy needs by building new plants, the vast majority of which have been blocked by judges, governors and the EPA over the last four years at the behest of the Obama administration in the name of preventing global warming.

State authorities in Texas have been engaged in a long-running battle with the EPA as the feds attempt to block the construction of new plants by enforcing adherence to new clean air permit regulations that cripple smaller companies’ ability to afford desperately needed new energy centers and plants. Twelve states are mounting a legal challenge against EPA restrictions that threaten to bankrupt the entire industry.

But it’s not just in Texas where the federal government has embarked on an all out siege against energy independence.

- Back in July 2008, a Superior Court judge in Fulton County blocked the construction of a coal plant in Georgia, citing global warming concerns and the need to limit CO2 emissions.

- In January 2009, the Obama EPA blocked approval for a coal-fired power plant in South Dakota, claiming the state, “didn’t meet requirements under the Clean Air Act in part of its proposed permit for the plant.”

- As Governor of Kansas, Obama’s current Secretary of Health and Human Services Kathleen Sebelius slapped a de facto ban on the construction of all new coal-fired plants across the state.

- Last month, Senators in Obama’s home state of Illinois blocked the construction of a clean-burning coal gasification and power generating plant.

- As a result of the EPA’s recent remand of air permits, Shell Oil announced yesterday that it has “dropped plans to drill in the Arctic waters of the Beaufort Sea this year,” ensuring more shortages and higher energy prices for Americans already laboring under soaring food costs.

The federal government’s siege against independent power companies’ efforts to build coal-fired plants is part of the unfolding agenda to de-industrialize the United States even as China and Mexico build new power plants at ever accelerating speeds.

Global warming alarmists have consistently gone on record to openly voice their agenda to de-industrialize the United States in the name of saving the planet.

In his new book, author and environmentalist Keith Farnish called for acts of sabotage and environmental terrorism in blowing up dams and demolishing cities in order to return the planet to pre-industrial society. Prominent NASA global warming alarmist and Al Gore ally Dr. James Hansen endorsed Farnish’s book.

The global elite resolved to exploit contrived fears about climate change to de-industrialize the United States back in 1991 when the Club of Rome, a powerful globalist NGO committed to limiting growth and ushering in a post-industrial society, said in their report, The First Global Revolution, “In searching for a new enemy to unite us, we came up with the idea that pollution, the threat of global warming, water shortages, famine and the like would fit the bill…. All these dangers are caused by human intervention… The real enemy, then, is humanity itself.”

In 1969, Dr. Richard Day, the National Medical Director of the Rockefeller-sponsored “Planned Parenthood,” asserted that a move towards a “unified global system” would necessitate the sabotage of American industry.

“Each part of the world will have a specialty and thus become inter-dependent, he said. The US will remain a center for agriculture, high tech, communications, and education but heavy industry would be “transported out,” Day stated.

In 2008 Obama openly stated his plan to bankrupt the coal industry.

Related posts:

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  2. Central banking, oil interests real reason for Libya invasion“This suggests we have a bit more than a ragtag bunch of rebels running around and that there are some pretty sophisticated influences. “I have never before heard of a...
  3. SHOCK: Japan’s “apocalypse” meltdown says EU CommissionerEurope’s energy commissioner Guenther Oettinger dubbed the nuclear disaster an “apocalypse”, saying Tokyo had almost lost control of events at the Fukushima power plant. Explosions and a fire at Japan’s...
  4. Export bans, increasing protectionism major reason for food inflation“Zoellick said he expects food prices to continue to rise, and that export bans and weather disruptions are partly to blame.” He also said global food prices have hit “dangerous...
  5. U.S.-Canada Regional Economic and Energy IntegrationBy Dana Gabriel of Borderfire Report Trilateral initiatives, such as NAFTA and the Security and Prosperity Partnership (SPP) have further advanced North American integration.  It is also at a state and...
  6. US Homeowners: Sell your home now!A year from now you won’t be able to sell your house. Yes, you read that right. The caveat is (there always is a caveat) that if you have enough...

This entry was posted on Friday, February 4th, 2011 at 6:50 pm and is filed under Deindustrialization. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

1 Comment

  1. July 31, 2014 @ 6:55 pm


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    Real reason for electricity blackouts hitting southern US | The Coming Economic Depression 2014…

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