Could the Weimar Hyperinflation Happen Again in America?

The $12.9 billion in bailout funds funneled through AIG to pay Goldman Sachs for its highly speculative credit default swaps is just one egregious example. To the extent that the money generated by “quantitative easing” is being sucked into the black hole of paying off these speculative derivative bets, we could indeed be on the Weimar road and there is real cause for alarm. We have been led to believe that we must prop up a zombie Wall Street banking behemoth because without it we would have no credit system, but that is not true. There is another viable alternative, and it may prove to be our only viable alternative.

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Max Keiser: Poverty and Food Shortage is Caused by the Banking System

Australians Told to Stockpile Food and Water but Not to Panic!

AUSTRALIANS have been advised to stockpile food and water after the World Health Organisation raised its swine flu alert to phase five yesterday, indicating an imminent pandemic.

The Federal Government's pandemic plan, a 132-page manual issued to medics, media and the public, insists that once the world reaches phase five, Australians should stock their pantries with food and bottled water to last 14 days, check on elderly neighbours and put emergency numbers by the phone.

But yesterday a spokesman for the Department of Health and Ageing called for calm, saying the Government did not want to spark panic buying - ignoring its own plan, already issued to hospitals across the nation.

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