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Glenn Beck: Greece, QE3 and Italy’s Return to Fascism?

[Editor's note: Glenn Beck had originally planned to examine these issues on his GBTV program tonight at 5pm. However, he threw his back out while on the set before going on air. Monday's show was cancelled (get more information here). Be sure to tune into GBTV later this week to see Beck discuss the topics below.]

Glenn Beck: Greece, QE3 and Italys Return to Fascism?EU leaders (left to right): British Prime Minister David Cameron, former Greek Prime Minister George Papandreou, German Chancellor Angela Merkel, and French president Nicolas Sarkozy.

“Fascism is coming” and “people are moving into insane investments.” These are two thing Glenn Beck recently said. What is he talking about? What has him convinced that fascism is on the rise and that investment trends are out of control?

For those who think these two claims might be a little “over-the-top,” please consider the following.

Despite some relatively quiet weeks, the eurozone crisis looks as if it’s about to mutate into something far more dangerous than previously anticipated.

But is it really all that bad? It would certainly seem that way.

As reported earlier on The Blaze, the financial crisis in Greece has taken on epic (and sometimes violent) proportions. Their debt levels are unsustainable; Prime Minister George Papandreou resigned after causing a stir by calling for a “bailout” referendum vote; the current Prime Minister, Lucas Papademos, is a former Senior Economist at the Federal Reserve Bank of Boston, Columbia economics professor and career banker; and let’s not forget reports of the Greeks resorting to starvation diets and/or rioting.

The situation is so bad, in fact, that crisis-hit Greece plans to sell bonds with state property as collateral to buy back sovereign debt and postpone a privatization drive under unfavorable market conditions, a report said on Saturday.

The Hellenic state asset development fund, an agency set up last year to manage Greece’s asset sales, plans to create a privatization bond to buy back part of the country’s enormous debt on the secondary market.

For every €1 billion earned by the planned bond, the state will be able to buy back older debt worth €2.5 billion given the currently depressed value of Greek debt, unnamed agency officials told the Greek newspaper To Vima.

They are at the point where they are putting up state property as collateral. Let that sink in a moment.

Perhaps things wouldn’t be this bad if Greece hadn’t created an unsustainable culture of entitlements. Perhaps public sector employees wouldn’t be taking to the streets and rioting over austerity measures if, say, Greek Parliament had never promised them jobs that were “constitutionally guaranteed for life.”

Greece has no money, a rock-bottom fertility rate, and generations of retired public sector employees expecting to collect pension checks from a workforce that won’t exist.

“Greece is at the point in the plot where the canoe is about to plunge over the falls,” conservative author Mark Steyn writes in “After America.” “Chapter One (the introduction of unsustainable entitlements) leads eventually to Chapter Twenty (total societal meltdown); the Greeks are at Chapter Seventeen or Eighteen.”*

Athens last year pledged a sweeping privatization drive in return for bailout loans from the European Union and the International Monetary Fund (IMF).

However, many IMF and EU leaders believe that a Greek bailout would simply be throwing unstable money at an even more unstable situation. Even French President Nikolas Sarkozy openly admitted that although he supports reforms intended to allow Greece to remain in the euro, it was a mistake to let the country join the single currency a decade ago because the country‘s economic figures were false and it wasn’t ready, the Guardian reported.

“The EU is now throwing an extra trillion dollars at countries which by any objective measure are insolvent, and are unlikely ever again to be anything but—at least this side of bloody revolution [emphasis added],” Steyn writes.**

Greek state debt, which has exploded to over €350 billion ($447 billion), is currently trading up to 35 percent below its face value, To Vima reports.

“When you binge-spend at the Greek level in a democratic state, there aren’t many easy roads back,” Steyn adds.

One of the greatest problems with the Greek financial crisis is the fact that it has become a contagion that is bringing down the entire eurozone. This has lead to infighting between the leaders of Germany, France and England.

In fact, much of the pressure has fallen squarely on the shoulders of the German Chancellor Angela Merkel because Germany has the most sound and robust economy of any EU country. However, it is unlikely that Germany can untangle this mess all by itself.

And the financial contagion continues to spread. Just look at Italy.

The situation in Italy is in many ways just as bad (if not worse) as the one in Greece. They are suffering through the same debt problems; they ousted Silvio Berlusconi, the scandal-prone joker of a Prime Minster; and they have experienced fierce and violent unrest.

Things have become so unstable that everyone from George Soros to David Walker, the former head of the Government Accountability Office, have said that EU’s downward spiral “cannot be stopped” and that it will affect all countries — America especially.

Whether or not their statements are entirely accurate is debatable. What is not debatable, however, is that fact that the eurozone crisis has investors running scared.

On the one hand, you have reports that diamond prices “are poised to rise for the next four years, outpacing gold, as increased spending on luxury goods in China, India and the Middle East outpaces supplies of the precious stone,” according to The Vancouver Sun.

“We expect emerging nations, first and foremost India and China, to drive demand for diamonds in the upcoming years, while consumption among developed nations is likely to moderate,” said Vladimir Sergievskiy, an analyst at Moscow-based Finam Investment. “On the supply side, the commissioning of new mines should be largely offset by depletion of mature ones.”

And on the other hand, you have rumors and worries about a possible third quantitative easing in the U.S. About 75 percent of investment experts surveyed say QE3 may be coming in 2012 due to damage the European debt crisis is set to inflict on the U.S. economy, writes Forrest Jones of Newsmax.

Seem hard to believe?

Consider the fact that infamous market speculator George Soros was a major buyer of gold in late 2011, according to recent Emerging Money reports. This would seem odd considering he sold almost all his shares in the SPDR Gold Trust and the iShares Gold Trust exchange-traded funds in the first quarter of 2011, Bloomberg reports, citing SEC data.

But if the Fed actually rolls out another round of quantitative easing, the dollar would weaken and gold would soar later this year — which means that Soros was very clever to move back into gold.

“Even though gold closed the year at a six-month low, Soros and other gold bulls such as Steve Cohen of SAC Capital will be rewarded if Federal Reserve Chairman Ben Bernanke launches into a third round of quantitative easing,” Jonathan Yates writes Emerging Money.

Even Jim Rogers, the former partner of George Soros as the Quantum Fund, says that a so-called QE3 or third easing round has already begun, Yates reports.

And then there’s this news (via Zero Hedge):

…last week…there was a record monthly dump of Treasury paper from the Fed’s custodial account amounting to some $69 billion, the week ended January 4 has seen yet another outflow, this time amounting to $9 billion in U.S. Treasurys.

This is the 5th week in a row of foreigners selling U.S. paper, and while it has yet to match the record 6 weeks of outflows from October…the consolidated outflow notional is now a record high at $77 billion, higher than the previous record of $52 billion.

Needless to say banks from around the world are repatriating dollars. The question is what they are converting the USD into, and how much longer will the go on for: the last thing the U.S. can afford is a wholesale dumping of its Treasurys.

…the traditional diagonal rise in foreign holdings of U.S. paper has not only pleateaued, but it is in fact declining: a first in the history of the post-globalization world.

“They are slamming the doors closed and I will tell you: it is just now beginning,” said Glenn Beck.

“They are converting dollars into something. We don’t know what,” Beck said. “It could be gold, could be diamonds could be — we don’t know! Meanwhile, we are trading just like MF Global. Our U.S. dollars! While our Fed is giving our dollars for crappy euros, the Europeans are at the same time taking our U.S. treasuries and dumping them.”

It gets worse.

An even more frightening (indeed, perhaps the most frightening) development in the EU is the possible resurrection of fascism. Many analysts fear that some eurozone countries, Italy especially, will revert to fascist-style systems of control in a desperate bid to cope with their financial crises.

“In August this year, CLSA’s Russell Napier wrote: ‘Italy is scary – yields will rise when governments chose to take money from their savers – what Russell calls THE GREAT THEFT – Expect massive capital flight,’” writes Zero Hedge.

“Yet while Russell was commenting on Italy’s opening move in repressing private capital by raising the capital gains tax, but not on gains of government debt,” Hedge adds, “the situation has moved with such speed over the past 5 months that the emergence of the first Fascist regime following the 2008 crisis can probably now be associated with the new Monti government.”

These troubling developments in Italy should have alarms going off.

“They put in an unelected government — no accountability, no time to elect — they will be there for unspecified amount of time. We have a university professor who used the state to slowdown corporations that got too big. This guy was with Goldman [Sachs]!” said Glenn Beck.

Glenn Beck: Greece, QE3 and Italys Return to Fascism?Italy’s new prime minister Mario Monti (C, 1st Row) and his cabinet ministers (Source: English.xinhuanet.com)

So what are the implications?

“He believes in state over individual,” Beck said. “And the scariest part: he is one of the original architects of what the world is going through. In 2001, he said, ‘I am sure the Euro will oblige us to introduce a new set of economic policy instruments. It is politically impossible to propose that now. But some day there will be a crisis and new instruments will be created.’”

According to several reports, Italian leadership is practicing what it preaches.

“These guys have gotten together and made cash transactions over more than $1,000 dollars illegal! That’s phenomenal!” Beck said

“The existing regime, the new technocrats in Italy, indicated this level will be progressively reduced to $300. Basically, almost every transaction will be monitored and tracked. They are closing down anything that needs to be traded, credit card companies track everything and banks are allowed to stop withdrawals of more than $10,000.”

This sounds pretty serious.

“It’s already happening here in America. They track you. In Italy, they can deny withdrawals. In Switzerland, they have placed cameras at the physical borders to register all license plates,”” Beck added.

Glenn Beck: Greece, QE3 and Italys Return to Fascism?Image courtesy Zero Hedge.

Indeed, the way things are trending in Europe, one should be deeply unsettled.

“The country that gifted Fascism to the world in the 1930s was widely admired even by FDR, who held Mussolini in high regard and was no doubt inspired in many of his own policy choices,” writes Zero Hedge. “Will Italy lead the way once more, as politicians in Europe and the US watch to see what oppressive policies they may get away with?”

Unless something serious is done in the EU, something short of a miracle, the situation does not look like it will improve — and many blame it for bringing down the world economy.

“Italians may want to get themselves out as well before the current group of Professors slams the gates shut,” the Hedge warns. “Things are moving even faster than one of the world’s leading financial historians could foresee.”

When you add everything together, scared investors and the rise of overbearing controls, perhaps those two Greek officials weren’t too far off when they said, “It’s all over. The government is about to collapse,’ and “The sh*t has hit the fan.” Perhaps they were unaware of how much their grumbling applied to the world economy.

The Associated Press contributed to this report.

*Mark Steyn, “After America: Get Ready For Armageddon.” (Washington, D.C: Regnery Publishing, Inc., 2011) 104.
**Ibid., 110.

Comments (131)

1 2 3
  • FANGS
    Posted on January 9, 2012 at 6:12pm

    This is why Americans Connot allow the Democrats and Obama to destroy anymore of our Jobs. We must Revolt Now.

    Report Post »  
    • TheePolitinator
      Posted on January 9, 2012 at 7:19pm

      Yes, But remember. Both sides are the same agenda. And we must revolt against the establishment. The Global assault is the same thing. The Fed. And unless we wake up we are going to become a nanny dictatorship police state. I would have to honestly say we are 75% of the way there. They just need that one more “event”. To finish us off. Call it paranoid, theory whatever you want. I am ready. And I am awake.

      I am American. And I won’t be manipulated by an “agenda”. That is clearly UN-AMERICAN, nor should any of you.

      Report Post » TheePolitinator  
    • Unix
      Posted on January 9, 2012 at 9:18pm

      Why revolt when we have the vote? We have to get behind whomever emerges from the Rep Primary. I’d MUCH rather vote than fight! I’ve lived through a civil war, and it wasn‘t much what I’d call fun.

      I am sure you meant revolt WITH the vote in November, at least I hope so.

      Viva TEA

      Report Post » Unix  
    • bmwrider
      Posted on January 9, 2012 at 9:20pm

      Reported to the FBI.

      Report Post » bmwrider  
    • ICRedifURBlue
      Posted on January 9, 2012 at 10:32pm

      Ballots Not Bullets…………please let’s not change to OR…………

      Report Post »  
    • tbl10
      Posted on January 10, 2012 at 12:07am

      @BMWRIDER Have you ever bothered to read the Declaration of Independence. Here let me post a little excerpt from it you tool.

      We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights,[74] that among these are Life, Liberty and the pursuit of Happiness. — That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, — That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness.

      I sure can’t wait until the useful idiots like you are rounded up by the government that you hold in such high esteem when they impose martial law. You will be left wondering how this could possibly happen as you are spending your last few moments in an internment camp waiting for your death.

      Report Post »  
    • Urizen
      Posted on January 10, 2012 at 8:50am

      @TheePolitinator – You are 100% spot on!

      Report Post »  
    • IMPEACHBHO
      Posted on January 10, 2012 at 9:28am

      Step 1. Vote for who you agree with the most in the primary
      Step 2. Vote for whoever wins the Republican primary to ensure the ousting of BHO
      Step 3. Post BHO. Get organized to find new – and demand of our current – representatives that they MUST follow our constitution.
      Step 4. Vote in 2014 PRIMARY to fill any spots that are held be Dems and RINOs, or just Repub. wimps.

      Report Post » IMPEACHBHO  
    • recoveringneocon
      Posted on January 10, 2012 at 10:37am

      Another great Headline by “The ezalB ” making it sound like its” s’nnelG” story , but he hurt himself carrying the weight of Santorum for all these weeks and couldn’t break the news to us. When all the stories in the articles are weeks and even months old, along with the book by Mark Steyn, “After America: Get Ready For Armageddon, that The Associated Press contributed to this report. Nice Job keeping up “The Propaganda Machine”

      Report Post » recoveringneocon  
    • drphil69
      Posted on January 10, 2012 at 11:05am

      EU is going down and taking us with them, with Obummers help of course.

      This summer our cities will burn – with the encouragement of obummer and his cronies, OWS will shut down cities, ports, and businesses. That will be the excuse for obummer to declare a state of emergency and cancel the elections (only if he realizes that he won’t win)… for the safety of the voters, of course…. Then to “save” the nation he will force the “wealthy” to pay their fair share (at gunpoint, of course), use his new powers to detain his enemies indefinitely, and force all 401(k) and IRA plans to transfer all assets into worthless government T bills…

      BE PREPARED. (Or as Carlton Heston would say, “FROM MY COLD DEAD HANDS.”)

      Report Post »  
    • VoicesofOppression
      Posted on January 10, 2012 at 2:50pm

      TheePolitinator- you are correct regardless of the party and/or their agenda’s they all are holding us “We the People” as slaves and unless we open our eyes to the truth, we will be no better off and the end is already here.

      Report Post »  
    • COFemale
      Posted on January 11, 2012 at 2:14pm

      Volt you don’t get it, they are setting things up where we won’t get to vote; it will be dictated. Why do you think Obama has bypassed Congress and put in Czars of his choosing. Don’t be blind. Also, don’t forget Republicans have done the same thing. Progressive Republicans are just as dangerous as Progressive Democrats. We need to know who the enemy is and stop them when necessary.

      Report Post » COFemale  
  • FANGS
    Posted on January 9, 2012 at 6:06pm

    They try that crap here, We open up.

    Report Post »  
    • faithkills
      Posted on January 10, 2012 at 2:57am

      They already have. The laws are in place. You have no right to privacy. You have no habeas corpus. You have no right to due process. It’s all been passed already. They don’t use it. Much. Yet. They are cooking you slowly, little foggy.

      Report Post » faithkills  
    • TeaPartyGoth97
      Posted on January 10, 2012 at 12:00pm

      I agree with Faithkills. They already have. By the Faith, is that Rorschach from the watchmen?

      Report Post » TeaPartyGoth97  
  • BlackCrow
    Posted on January 9, 2012 at 5:57pm

    Lead, Land and Seeds.

    The world economy is based on fiat money and debt. None of which have any real value. Now with Europe failing, the Iranians developing nukes and threating to close the straights of Hormuz and our debt exceeding 100% of GDP there is no way out of this hole other than deliberately collapsing the entire worlds economy and starting over from scratch.

    That is going to be UGLY!

    Report Post » BlackCrow  
    • positive1
      Posted on January 9, 2012 at 7:31pm

      History in the making, Why world goes from Socialism, Fascism, Communism and Finally Cannibalism. Next week on the Food Channel….Stay Hungry…. For the Truth and all the New & Old World Cuisine…Thursday 8pm. YUMMY

      Report Post »  
    • Unix
      Posted on January 9, 2012 at 9:22pm

      Fellow Oathkeeper, I am on your side! I have lived through a civil war, it aint pretty at all. I’d rather vote, but if I have to, will defend that vote with number two.

      Viva TEA

      Unix  
    • drphil69
      Posted on January 10, 2012 at 11:08am

      Expect people to come and take your crops… unless you have armed guards 24/7. Understand the cities will be war zones, millions will flood into the heartland looking for food.

      Have some food stored. Lots of ammo. Water purification. Good luck and God bless!

      BE PREPARED.

      Report Post »  
  • Lucy Larue
    Posted on January 9, 2012 at 5:49pm

    @MARTINEZ012577,

    “There are none so blind as those who cannot see”.

    And to add to that…,he’s 78 freaking years old!
    WAKE UP!

    Report Post »  
    • fakeid200
      Posted on January 9, 2012 at 10:05pm

      If the USA has a financial collapse. What kind of foreign policy will we then have. If the only reason Ron Paul is bad is his views on foreign policy. I think we all better wake up. NO AMERICA NO FREEDOM NO FOREIGN POLICY!
      These world banks are foreclosing and keeping as much property as they can so once they restart the system they will be able to recover the money via the land standard. Why have a ton of people owing you worthless dollars when you can print new good money backed by the land you took before the collapse. Ron Paul 2012 collapse the FED not America the last of this worlds freedom depends on you!.

      Report Post » fakeid200  
  • Uncurable wound
    Posted on January 9, 2012 at 5:46pm

    Sucks to get old doesnt it Glenn,you old coot ? LOL
    I hope you recover soon..
    God bless.

    Report Post »  
  • hillbillyinny
    Posted on January 9, 2012 at 5:43pm

    Get better fast Glenn, praying. . . and stop acting like a kid!!!

    Report Post »  
  • NeoFan
    Posted on January 9, 2012 at 5:41pm

    Ah yes the beauty of being a politician. You can make policy that devastates the financial world of every citizen and even causes war and death and then you offer to save everyone from the problems that you caused and millions and millions of morons scream for you to have more power. On top of that the morons in the US scream for their dear leader to follow in your foot steps and destroy their country as well with the tactics that you just proved were disastrous.

    Report Post »  
    • The10thAmendment
      Posted on January 9, 2012 at 6:00pm

      I have a solution, and it’s simple. Who the heck cares what Italy does! As a president of the United States it’s NOT our place to pick and choose the leadership of other Nations. To cement that position I stay the hell out of other Nations’ business. My concern is the United States of America. If attacked by them on our sovereign territory or property, the gloves come off and entirety of the Military might unleashed on them. Blow up our embassy, we will wipe an entire city off the map. If they want to terrorize an America city, we’ll make their Nation a rock strewn blip on the history of the world.

      We have no business caring or worrying about how another Nation governs themselves.

      Report Post » The10thAmendment  
    • MCDAVE
      Posted on January 9, 2012 at 6:45pm

      Exactly correct NEOFAN…

      Report Post »  
  • heyjim55
    Posted on January 9, 2012 at 5:39pm

    All of this must be taken seriously I know some here dismiss Beck but when you take into account everything that is going on around the world something very big is coming. If you have time look at what the Russians are doing militarily( aircraft carrier and battle group in Syria) US battle group near Isreal , French aircraft carrier and battle group within a day of arrival to persian gulf, Brittish war ship on it’s way there to join the US. Israel’s missile batteries staged around the city (ICBM’s) American soldiers being deployed in Israel and Austrailia, NATO special forces in Jordan by the Syrian Boarder, Turkish troops training and arming Syrian opposition forces and having a war of words with the Russians while they are doing it. Thats just the military side of it the economic side of it is what’s driving of this. By the way Iran, Russia and China are no longer using the dollar when trading with one another, Iran i selling it’s oil to countries accepting their currencies and not using the dollars. The last two times this happened was in Iraq(Saddam Hussien) Lybia, ( Mohamar Qaddafi) and they are both dead. I think alliances are being made and sides are being taken and when they are finished with that a war will breakout Iran looks like where it will begin from there it will spread, Iran has assets in South America as well as the Middle East and friends in Russia and China.

    Report Post »  
    • MCDAVE
      Posted on January 9, 2012 at 5:51pm

      Its obvious the Fed government is preparing for something big in this country they fear the citizens..I believe they intend to suppress us

      Report Post »  
  • Devotedpatriot
    Posted on January 9, 2012 at 5:38pm

    Power and wealth have caused most American politicians to lie to us at every opportunity for their own gain. Those politicians, with Obama leading the way, are taking the United States down the tubes with their drunkedness with power and they are hiding it from the vast majority of the people in the United States. Once Americans realize that we are in such a terrible state and they have been lied to time and time again about it, most of them are going to be angry and vengeful. Of course the OWS participaters have just been the beginning of that wrath, but they are blind to see that it is our government who is behind much of what is wrong with America today and the rich are the scapegoats of the OWSer’s fury. Of course a portion of the well-off are very possibly be in on this king-pin operation too. Talk about your 3-card Monty. Once Americans do wake up to what has happened all h*ll will break loose and there will be no stopping the tsunami of wrath that will hit this country. Batten down the hatches we’re in for a rough ride!

    Report Post » Devotedpatriot  
    • MCDAVE
      Posted on January 9, 2012 at 6:32pm

      Nothing in Washington makes any sense …no reasonable group of leaders would behave like ours are…I think the politicians know an economic disaster is coming…there just stealing all they can for themselves before it happens ..

      Report Post »  
    • cloudsofwar
      Posted on January 9, 2012 at 7:01pm

      the OWS people are working for Obama.

      Report Post »  
  • chicago76
    Posted on January 9, 2012 at 5:21pm

    Remember Katrina. It was a disaster that seemed to happen in slow motion. This disaster is very slow in coming because it is so large and seems to be slow moving, but when it finally hits the whole world will be under water not just New Orleans.

    Report Post »  
    • IMPEACHBHO
      Posted on January 9, 2012 at 5:35pm

      Yes, and BHO is tossing us into the well with them. Why? He hates America. You say no? Then he is insane. Why insane? Because if you believe that BHO does not hate America, then why would a sane person attend a church for 20 years that clearly hates America? So, he either is insane or hates America. Either way, he is unfit for office.

      Report Post » IMPEACHBHO  
    • phillipwgirard
      Posted on January 9, 2012 at 10:34pm

      @IMPEACBHO,,, Yes! he is insane I truly believe, a madman nothing less. he is in love with himself clearly

      Report Post » phillipwgirard  
  • heyjim55
    Posted on January 9, 2012 at 5:14pm

    If anyone wants to know what Greece has spent it’s bailout money on Zero Hedge has a story that Greece has bought Apache Gun ships from the U.S. Uboats from Germany and French Frigates . What are to getting ready for?

    Report Post »  
  • Norm D. Plume
    Posted on January 9, 2012 at 5:12pm

    All this truth … all this insight … and still Beck will not support the ONE guy who understands all this fiscal nonsense and the monetary system.

    Outrageous.

    Report Post » Norm D. Plume  
    • jungle J
      Posted on January 9, 2012 at 5:19pm

      hate defines you. You prolly believe it is based in love.

      Report Post »  
    • progressiveslayer
      Posted on January 9, 2012 at 5:39pm

      Well Norm apparently we’re not supposed to put Americas interests at the front of the line,according to Glenn.

      Report Post » progressiveslayer  
    • thekuligs
      Posted on January 9, 2012 at 5:49pm

      He will not support him because the world is close to WAR and your saviour doesn’t even understand why everyone else in the world HATES us.

      Report Post » thekuligs  
    • RepubliCorp
      Posted on January 10, 2012 at 7:32am

      (Beck will not support the ONE guy who understands all this fiscal nonsense and the monetary system.} Yep …. a guy that made millions off a racist newsletter. Purchased gold and silver mine stocks with the money and would make millions more by going to the gold standard. I agree, Paul is smart when it comes to the monetary system. God bless his little Lew Rockwell heart.

      Report Post » RepubliCorp  
  • ConservativeCharlie
    Posted on January 9, 2012 at 5:06pm

    We are having our own problems here in our country with Liberty, there is many starting to suggest our elections may even be rigged http://www.youtube.com/watch?v=cajH20yoiq4

    Report Post »  
    • RBSWORLD
      Posted on January 9, 2012 at 7:36pm

      hELL THE LAST ONE WAS RIGGED! CAN YOU SAY “BLACK PANTHERS”??? DEAD PEOPLE VOTING!!!! PEOPLE SINGED UP BY A.C.O.R.N. THAT WHEN ASKED SAID HELL NO I DIDN’T SIGN UP WITH THEM!!! RIG THIS ELECTION??? NAW. ASK HARRY, OR “PIG”LOSI, OR EVEN 0 blame o…..himself..

      Report Post »  
  • Okie from Muskogee
    Posted on January 9, 2012 at 5:06pm

    I thought Glenn said Islamists were going to take over Europe…Is Glenn saying he was wrong about that now or is he just revising his “vision”….

    To be accurate let’s speak about what is happening; Saudi Arabia called for an Arab State (Caliphate) under the GCC that would include all Arab countries in the ME. Saudi is calling for such state to counter Persian Iran. The US just sold F-15′s to Saudi Arabia, sold UAE bunker busting bombs, the UAE has Nuclear technology, Pakistan was financed by Saudi in their Nuclear bomb research, and Saudi wants to include Egypt in such Arab State, not to mention XE was hired by UAE for a contract Army. The Arab Caliphate has been armed with nuclear technology, fighter jets, and bunker busting bombs all from the US….If an Arab Caliphate is bad why does Glenn like Santorum who wants to send them foreign aid? How is this standing for Israel? 

    Italy has turned fascist with the EU collapsing. Britain is on then outs with Europe over the Euro and Germany is turning more National due to bailing out all the rest of Europe. Rome recently told Israel to give the authority over land of “Christian” landmarks over to the Vatican.

    The US is furthering along it’s communism/fascism (progressives) and enables both Europe and the Arab Caliphate to continue it’s evil demise. 

    If Glenn does say America enabling these events to occur is our fault, is he being responsible or blaming America? 

    Report Post » Okie from Muskogee  
  • KevINtampa
    Posted on January 9, 2012 at 4:55pm

    The sad part is…

    When gas is $10/gallon, and MOST of the American people are starving, our neighbors, friends, and even family members will be wondering why they weren’t warned; much in the same way they have discarded our messages and pleas for them to prepare over the last four years.

    So sad the folly and self denial of man.

    Report Post »  
    • progressiveslayer
      Posted on January 9, 2012 at 5:46pm

      Indeed Kevin,most Americans are much more concerned with the essentials,who won American idol,who won the football game and what idiotic celebrities say about politics.Yes when gas is 10.00 a gallon they’ll wake up,but by then it’ll be too late.

      We‘ve let our constitution be trampled upon for over a century by progressives and they’re making their final push to totally eradicate it with our Marxist POS president.

      Report Post » progressiveslayer  
    • MCDAVE
      Posted on January 9, 2012 at 6:08pm

      Obama is spending trillions to keep up the appearance that all is normal…economies can go down overnight…. next day people are out there killing each other.

      Report Post »  
    • IMPEACHBHO
      Posted on January 9, 2012 at 6:39pm

      I fear they wont even wake up then. They will buy the State media story of how the EU collapse caused ours – it had nothing to do with BHO. Fools. They couldn’t occupy one rational thought between them.

      Report Post » IMPEACHBHO  
  • KeithOlberdink
    Posted on January 9, 2012 at 4:50pm

    Why Not? We already have…

    Report Post » KeithOlberdink  
  • BetterDays
    Posted on January 9, 2012 at 4:48pm

    Considering the fact that the EU, or economic union of Europe was an idea first brought to light in Germany in 1942, the idea of just Italy becoming FASCIST is just incredible in it’s lack of proper background research!
    All of the EU is currently heading for one great big FASCIT state, with plans moving forwards for our very own FASCIT state ( AMERO ), once that’s completed then the two will rejoined with ASERO, to form the …………. NEW WORLD ORDER. Only it’s not so new, and it’s not so nice, and it’s not great to follow the globalist elite to our own demise in FASCISM visa vie socialism. A world socialism is a super FASCIST state, that will have zero problem eradicating billions of lives to suit it’s end game.
    Ah, GLENN, it’s all in writing, http://christopher-woodward.suite101.com/did-the-nazis-create-the-european-union-a267151

    Report Post »  
  • TRILO
    Posted on January 9, 2012 at 4:42pm

    America… look in the mirror. This is what we will look like in the near future. We are almost there, Patriot Act, NDAA, spending out the you know what, drones flying over cities, TSA stopping cars and trucks on our highways, etc, etc, etc. The last debt limit $15+ Trillion has come and gone; the President will ask for and receive $1.2 Triillion more. By the end of the year we will have close to a $17+ Trillion national debt with unfunded liabilities for Social Security, prescription drug benefits and Medicare that some estimate to be $117 Trillion.

    But hey… WWIII will get us out of our financial troubles, just like WWII did. So no worries litle sheeple, just go back to sleep and worry about the outcome of the next reality tv show. Maybe when everyone is on food stamps, or oil is $4 a gallon or worse yet your boys and husbands are sent off to the middle east you might wake up. Until then zzzzzzzzz.

    Report Post » TRILO  
  • SpankDaMonkey
    Posted on January 9, 2012 at 4:39pm

    .
    So in a nutshell “We’re Screwed”………

    I don’t think we can trust these Morons to Pick their own Butt, much less Fix the World…….

    Report Post » SpankDaMonkey  
  • happy2behere
    Posted on January 9, 2012 at 4:39pm

    How soon after you learn that you cannot make large cash transactions, you learn cannot take your money out of the country, and you cannot leave either?

    Report Post »  
  • Workforit
    Posted on January 9, 2012 at 4:37pm

    They are buying cigarettes, and alcohol… who in their right mind would buy diamonds! (Kidding, about the diamonds…)

    The our government is taking bids on manning FEMA camps… That kinda makes you think…

    http://beforeitsnews.com/story/1599/536/New_Nationwide_FEMA_Camps_Should_Raise_Eyebrows.html

    Report Post »  
    • MCDAVE
      Posted on January 9, 2012 at 5:41pm

      went to website on fema camps Is this true?Is there any proof?…

      Report Post »  
    • ZeldaZick
      Posted on January 10, 2012 at 5:35pm

      Don’t know if this is true, but since he has been in office, BHO has signed an order taking away a State’s control of their own National Guard troops in case of “civil unrest”, thus preventing any state from leaving the Union. Add this to his recent grabs for power/crushing of the Constition, and one has to wonder, “What the Frick is going on?”.
      Marxist is….as Marxist Does!

      Report Post »  
  • lukerw
    Posted on January 9, 2012 at 4:25pm

    This is about people… leaders… caught in an Insane Ritual of making Profit… while destroying the Value. This is about Democrats… citing ‘if Europe can do it, we can do it’… as an Insane Echo. And, this about… the Dictatorship of Obama… willing destroy the West… because he perceives that they did Evil in the Past.

    Report Post » lukerw  
  • bankerpapaw
    Posted on January 9, 2012 at 4:23pm

    It‘s beginning to look like the 1930’s again. World economy in shambles and a petty little dictator
    slowly taking over. Except it isn’t Germany, it’s America.

    Report Post »  
    • cloudsofwar
      Posted on January 9, 2012 at 5:37pm

      once again history is repeating itself. it’s too late to stop it. if war breaks out in europe will they use nukes? look at our debt, we will suffer too, the next great GREAT depression. we can only store so much and it still will not be enough. Civil War? I only hope that BO will be out of office if the worse happens, I rather have Romney or any of the GOP candidates in office. BO will make it worse and has already started.

      Report Post »  
    • MCDAVE
      Posted on January 9, 2012 at 6:56pm

      Don’t think we have that much time…this disaster is on schedule for 1212…bought to us by the Obama administration

      Report Post »  
    • The Third Archon
      Posted on January 10, 2012 at 2:12am

      Hyperbole much?

      Report Post » The Third Archon  
  • plastinoid
    Posted on January 9, 2012 at 4:22pm

    Hang on it’s gonna be a wild ride!

    Report Post » plastinoid  
  • Sirfoldallot
    Posted on January 9, 2012 at 4:13pm

    Sure glad Glenn has been warning us all of this day . Hold on !!!!!!

    Report Post » Sirfoldallot  
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