{"id":14857,"date":"2011-11-11T16:56:00","date_gmt":"2011-11-11T16:56:00","guid":{"rendered":"https:\/\/www2.thestockmarketwatch.com\/stock-market-news\/time-for-an-israeli-event\/14855\/"},"modified":"2011-11-11T16:56:00","modified_gmt":"2011-11-11T16:56:00","slug":"time-for-an-israeli-event","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/time-for-an-israeli-event\/14857\/","title":{"rendered":"Time for an Israeli &#8216;event&#8217;"},"content":{"rendered":"<p><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"ca-pub-1408583772585547\";\n\/* SMW - News Links *\/\ngoogle_ad_slot = \"3490797620\";\ngoogle_ad_width = 468;\ngoogle_ad_height = 15;\n\/\/-->\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><\/p>\n<p><!--Ad Injection mfunc mode ad include code--><br \/>\n<!--mfunc include_once('\/mnt\/Target01\/327806\/www.thestockmarketwatch.com\/web\/content\/stock-market-news\/wp-content\/plugins\/ad-injection\/adshow.php') --><br \/>\n<!--\/mfunc--><\/p>\n<p><span style=\"font-family: Verdana,sans-serif;\"><em><span style=\"color: #000000;\">By Dominique de Kevelioc de Bailleul<\/span><\/em><\/span><\/p>\n<p><span style=\"font-family: Verdana,sans-serif;\">Global liquidity has dried up in credit markets, US Treasury funding needs weigh in at a whopping $846 billion until March 2012, and a Fed looking for a higher dollar and public support before announcing another full-blown QE, requires a solution\u2014and a pretty darn fast one, too.<\/span><\/p>\n<p><span style=\"font-family: Verdana,sans-serif;\">What was once normal for funds to flow into high quality debt as forecasts of recession loom at the horizon cannot be taken for granted in today&#8217;s mix of sovereign debt crises and investor fears of default, &#8216;haircuts&#8217; or currency devaluations. And, it appears as if the Fed has experienced a <a href=\"http:\/\/www.beaconequity.com\/silver-price-silver-%E2%80%9Ccould-easily-see-75%E2%80%9D-james-turk-2011-11-02\/\" target=\"_blank\" rel=\"noopener\">steady drain<\/a> of foreign holdings at the Fed since November. \u00a0<a href=\"http:\/\/oi.vresp.com\/?fid=149ce5c982\" target=\"_blank\" rel=\"noopener\">Sign-up for my 100% FREE Alerts!<\/a><br \/>\n<\/span><\/p>\n<p><!--mfunc adshow_display_ad_file_v2(array('ad_random_1.txt'), array(100), array('align' => 'float right', 'clear' => '', 'margin_top' => '', 'margin_bottom' => '', 'padding_top' => '', 'padding_bottom' => ''), array(), array()) --><\/p>\n<div style=\"float:right;margin-left:5px;\"><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"ca-pub-1408583772585547\";\n\/* SMW - in News 300 *\/\ngoogle_ad_slot = \"5684630733\";\ngoogle_ad_width = 300;\ngoogle_ad_height = 250;\n\/\/-->\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><\/div>\n<p><!--\/mfunc--><\/p>\n<p><span style=\"font-family: Verdana,sans-serif;\">Moreover, money from mom-and-pop investor has long since fled unusually high volatility of global equities markets\u2014especially emerging markets of the now-vulnerable and &#8216;risky&#8217; BRICs. <\/span><\/p>\n<p><span style=\"font-family: Verdana,sans-serif;\">The problem of US current account deficits has become acute. Treasury needs more and more cash, yet it cannot wait for the post presidential election and a new Congress to enact a mandate of pension funds and qualified plans to &#8216;invest&#8217; a portion of its stash in Treasuries\u2014that&#8217;s where the honey hole is breathtakingly large enough to fund deficit spending into 2020.<\/span><\/p>\n<p><span style=\"font-family: Verdana,sans-serif;\"><span style=\"font-size: small;\">But, until then, the Fed must somehow kill <a href=\"https:\/\/thestockmarketwatch.com\/markets\/commodities\/today.aspx\">commodities<\/a> markets, scare money back into the &#8216;safety&#8217; of US Treasuries along with the hope of garnering the urgent call for the Fed to do something during a worsening crisis. Public support for inflationary measures from the Fed, temporarily, <em>or course<\/em>, would be ideal at this time.<\/span><\/span><\/p>\n<p><span style=\"color: #000000;\"><span style=\"font-family: Verdana,sans-serif;\"><span style=\"font-size: small;\">&#8220;If we discovered that, you know, space aliens were planning to attack and we needed a massive buildup to counter the space alien threat and really inflation and budget deficits took secondary place to that, this slump would be over in 18 months,&#8221; economist Paul Krugman famously said on <a href=\"http:\/\/www.huffingtonpost.com\/2011\/08\/15\/paul-krugman-fake-alien-invasion_n_926995.html\" target=\"_blank\" rel=\"noopener\"><em>CNN<\/em><\/a> on Aug. 11 of this year. &#8220;And then if we discovered, oops, we made a mistake, there aren&#8217;t any aliens, we&#8217;d be better&#8211;<\/span><\/span><\/span><\/p>\n<p align=\"LEFT\"><span style=\"color: #000000;\"><span style=\"font-family: Verdana,sans-serif;\"><span style=\"font-size: small;\">&#8220;There was a &#8216;Twilight Zone&#8217; episode like this in which scientists fake an alien threat in order to achieve world peace,&#8221; Krugman added. &#8220;Well, this time, we don&#8217;t need it, we need it in order to get some fiscal stimulus.&#8221;<\/span><\/span><\/span><\/p>\n<p align=\"LEFT\"><span style=\"color: #000000;\"><span style=\"font-family: Verdana,sans-serif;\"><span style=\"font-size: small;\">Krugman said that within a context of a question posed to him regarding a possible solution to a miserable US economy that seems in need of extraordinary, or extraterrestrial means, as Krugman facetiously posited. <\/span><\/span><\/span><\/p>\n<p align=\"LEFT\"><span style=\"color: #000000;\"><span style=\"font-family: Verdana,sans-serif;\"><span style=\"font-size: small;\">Krugman and his ilk, not only have been trained (inculcated?) to mask Treasury&#8217;s need for funding by talking instead about a stalled economy, but he also seems to truly believe that WWII helped end the Great Depression\u2014a similar prescription that may, in fact, be carried out, if sane minds will consider after a litany of bizarre and criminal behavior that&#8217;s already come from a US government on many, many fronts.<\/span><\/span><\/span><\/p>\n<p>\u201c<span style=\"font-family: Verdana,sans-serif;\">Israel will launch military action to prevent Iran developing a nuclear weapon as soon as Christmas, intelligence chiefs have warned,\u201d the UK-based<em> <a href=\"http:\/\/www.dailymail.co.uk\/news\/article-2059462\/UN-report-Iran-IS-trying-build-nuclear-bomb-warns-William-Hague.html\" target=\"_blank\" rel=\"noopener\">Daily Mail<\/a> <\/em>reported, Thursday.<\/span><\/p>\n<p><span style=\"font-family: Verdana,sans-serif;\"><span style=\"font-size: small;\">The British newspaper continued, \u201cA report by a UN watchdog into Iran\u2019s nuclear ambitions \u2018completely discredits\u2019 the <strong>Islamic<\/strong> nation\u2019s protestations of innocence, according to Foreign Secretary William Hague.\u201d<\/span><\/span><\/p>\n<p><span style=\"font-family: Verdana,sans-serif;\"><span style=\"font-size: small;\">And, of course, the US will offer a helping hand to fight those evil Muslims (with weapons of mass destruction, too) as it once did with Britain against another enemy, Germany, with the Lend-Lease program during WWII, the Taliban in Afghanistan against the Soviet Union, as well as countless other friends or enemies of our enemies (see John Perkins&#8217; book, <em>Confessions of an Economic Hit man<\/em>).<\/span><\/span><\/p>\n<p><span style=\"font-family: Verdana,sans-serif;\"><span style=\"font-size: small;\">Since the US military is already stretched and public support for yet another war entailing boots on the ground is very weak, Israel&#8217;s problem is the US&#8217;s solution when it comes to securing more black <a href=\"https:\/\/stockmarketwatch.com\/metal\/gold-price.aspx\" data-internallinksmanager029f6b8e52c=\"4\" title=\"gold price today\">gold<\/a>. <\/span><\/span><\/p>\n<p><span style=\"font-family: Verdana,sans-serif;\"><span style=\"font-size: small;\">Why else would the US support and cover up for Israel for so long? The country has been a 49<\/span><\/span><sup><span style=\"font-family: Verdana,sans-serif;\"><span style=\"font-size: small;\">th<\/span><\/span><\/sup><span style=\"font-family: Verdana,sans-serif;\"><span style=\"font-size: small;\"> US state since the Arab-Israeli War of 1948, playing the role of a free state under US covert colonization. Each time &#8216;Bibi&#8217; <\/span><\/span><span style=\"color: #000000;\"><span style=\"font-family: Verdana,sans-serif;\"><span style=\"font-size: small;\">Netanyahu<\/span><\/span><\/span><span style=\"font-family: Verdana,sans-serif;\"><span style=\"font-size: small;\"> squawks about the lack of US support, think of him as a governor complaining about a lack of highway funds coming from Washington.<\/span><\/span><\/p>\n<p><span style=\"color: #000000;\">\u201c<span style=\"font-family: Verdana,sans-serif;\"><span style=\"font-size: small;\">Sources say the understanding at the top of the British Government is that Israel will attempt to strike against the nuclear sites \u2018sooner rather than later\u2019 \u2013 with logistical support from the U.S.<\/span><\/span><\/span><\/p>\n<p align=\"LEFT\"><span style=\"color: #000000;\">\u201c<span style=\"font-family: Verdana,sans-serif;\"><span style=\"font-size: small;\">A senior Foreign Office figure has revealed that ministers have been told to expect Israeli military action, adding: \u2018We\u2019re expecting something as early as Christmas, or very early in the new year.&#8217;\u201d<\/span><\/span><\/span><\/p>\n<p><span style=\"color: #000000;\"><span style=\"font-family: Verdana,sans-serif;\"><span style=\"font-size: small;\">And the timing of such an event is nice, too, during the cold winter months\u2014a nice temporary deterrent for further demonstrations, especially during a possible currency event involving the dollar if the law of unintended consequences rears its ugly head during an attack and resulting oil price spikes\u2014which, by the way, is another means of cycling evermore petrodollars from many OPEC nations (save Venezuela) into Treasuries\u2014inflation (tax) to America be damned.<\/span><\/span><\/span><\/p>\n<p><span style=\"font-family: Verdana,sans-serif;\"><span style=\"font-size: small;\"><span style=\"color: #000000;\">Sounds farfetched? It beats Krugman&#8217;s alien scam by a mile.<\/span><\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n<hr>\n<table style=\"border:none;margin:0;\">\n<tr>\n<td style=\"padding:5px;vertical-align:top;\" valign=\"top\">\n.<\/td>\n<td style=\"padding:5px;vertical-align:top;\" valign=\"top\">\n<div style=\"font-size:11pt;\"><b>Post Written By: Mr. Dominique de Kevelioc, de Bailleul <\/b><\/div>\n<div style=\"font-size:10pt;\">\n<\/div>\n<\/td>\n<\/tr>\n<\/table>\n<p><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"pub-1408583772585547\";\n\/* 336x280, created 7\/9\/11 *\/\ngoogle_ad_slot = \"3552319058\";\ngoogle_ad_width = 336;\ngoogle_ad_height = 280;\n\/\/-->\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><\/p>\n<div style=\"margin:5px;margin-bottom:20px;font-size:11pt;\">&laquo; <a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/\">Return to Stock Market News<\/a> &laquo; 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