Salbuchi – “WE, THE PEOPLE…” – THE INSURGENCY!!

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Chinese official urges buying of gold, U.S. land: report

A top Communist Party research chief said Thursday that China should buy gold and U.S. real estate rather than Treasurys, according to a Reuters report.

Li Lianzhong, who is head of economics at the party’s policy research office, said the U.S. dollar is poised for a fall, making gold and land better investments for China’s $1.95 trillion in foreign exchange reserves, the report said…

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1 in 8 U.S. homeowners late paying or in foreclosure

One out of eight U.S. households with a mortgage ended the first quarter late on loan payments or in the foreclosure process, in a crisis that will persist for at least another year until unemployment peaks, the Mortgage Bankers Association said on Thursday.

U.S. unemployment in April reached its highest rate in more than a quarter century and is still rising, helping propel mortgage delinquencies and foreclosures to record highs…

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GM and Chrysler are Closing Dealerships, But How Does it Affect You?

GM and Chrysler are going to close dealerships. The U.S. government says they have to do this to become viable companies. But how do these two automakers decide which dealerships they’ll close? And how does a dealership closing affect you, the consumer?

Consumers may think that because Chrysler is in bankruptcy court, there will be a huge liquidation sale on the vehicles so they can get rid of the inventory before they close the dealerships. Unfortunately for bargain hunters, this is not what goes on in Chapter 11 bankruptcy, or reorganization bankruptcy. Chapter 11 bankruptcy allows the debtor (ie: Chrysler) to restructure its debt in court…

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Change? Don’t you believe it!

Click here to listen to the mp3: Change? Don’t you believe it!

Well, what I had expected to happen has come to pass. If I could predict the outcome of sporting events, or pick lottery numbers with this level of accuracy I’d be rich!

I’m speaking, of course, of the vast amount of material that is being written for these Nationalist Matters broadcasts without me even having to lift a finger. I thought that I’d have a couple of news items to share with you this month. Instead, I have five different topics to cover, and none of them were even on the radar at the time that the broadcast was assembled last month! Well, OK, maybe one of them was on my mind previously, but that’s it.

Take, for example, the article published in the “Financial Times” on March 12th with the headline of “WalMart Looks to Hispanic Market”. Sure, WalMart marketing themselves to the brown hoard is hardly newsworthy in itself. Hell, every time I used to go into a WalMart I was inundated with the stench of Mestizo madness!

However, that’s not what this article is talking about. No, this time WalMart has gone above and beyond the call of stupidity! I quote to you from the article:

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The Road to Hell is Paved with Bailout Money

The road to Hell, they say, is paved with good intentions. Call me naive, but I like to think that Barack Obama had the best of intentions when he signed off on his recent bailout (“Economic Stimulus”) package.

For years, long before the good times even peaked a couple of years ago, I have predicted:

1. The now-in-progress crash of the housing market, which I insist will bottom out at about 10% of the peak values of 2006, just as it did in Depression I.

2. The now-in-progress crash of the stock market, which I estimate will see the underside of a 2,000 Dow before it begins to trade sideways in earnest.

3. Depression II, which already has begun, but which will not be acknowledged officially for a year or two.

4. World War III, which also already has begun, but which will not be acknowledged officially until the first nuclear weapon is exploded, causing an unprecedented ramp-up in hostilities.

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Dmitry Orlov: “America will collapse”