Dick Morris on the Iranian Missiles Being Shipped to Venezuela

Dick Morris details one of the gravest threats to America we have seen since the Cuban missile crisis. But he goes further and provides a solution. No wonder the Clinton administration was able to look so successful – they had a wizard in their pocket. I’m glad Morris is on our side.

Pick up his new book Screwed!How Foreign Countries Are Ripping America Off and Plundering Our Economy-and How Our Leaders Help Them Do It at Amazon.com

James Wesley Rawles on the Coming Collapse

This two part interview via SGT Report is an interesting discussion with Suvival Blog editor and author of the popular survival novels Patriots and Survivors James Wesley Rawles. He and I agree on the infeasibility of gold as a real trade medium post-collapse, though he recommends silver as a trade good which I will have to agree with him on though I still stand by the idea that production and means of production is real wealth especially in a TEOTWAWKI situation.

Enjoy:

Part I:

Part II:

Bank Run in Greece!

From WSJ:

Greek depositors withdrew €700 million ($898 million) from the country’s banks on Monday, fueling fears of a bank run amid the growing political disarray.

With deposits falling, Greek banks become even more dependent on the European Central Bank to meet their funding needs, exposing the central bank to potentially huge losses if Greece leaves the euro area.

Greek President Karolos Papoulias told the country’s political leaders that bank withdrawals plus buy orders received by Greek banks for German bunds totaled some €800 million on Monday, a transcript of his comments said. A central bank official confirmed the figures.

End game. Watch for American banks with derivative exposure to be hit hard. Then all hell will break loose.