The Irony & Tyranny Of It All . . .

By Paul Chong / Friday, 7 November 2014

210px-US-DeptOfNavy-Seal.svg

The 9/11 attack on the twin towers of the World Trade Centre, the mystery of which still hangs in the air. Believably, it’s a ploy & strategy for US justification to strike at others.

It’s moronic, insane & totally unthinkable for any country in the world to dare to invade or attack the US with all its war weapons & sophisticated military technology, nuclear power & capabilities, war ships & plane fighters, its fleet of aircraft carriers, its thousands of military bases covering the surface of the world. It would be suicidal & absolutely insane to say the least.

However, US is contradictorily telling the world that its national safety & security are being threatened. It’s driving itself like crazy to war with Russia, creating turmoil , chaos & instability just about everywhere. Its gutter level of propaganda is unimaginable.

President Obama, recipient of the Nobel Prize Award for Peace, has waged more wars than his predecessor Bush, besides constantly threatening wars on others. This is really ironic & laughable for he should be expected to promote peace rather than war. Shouldn’t his Nobel Prize be withdrawn?

There’s an old adage to make friends rather than enemies for even one enemy may turn out to be everywhere you turn. The Chinese are being wise extending peace & goodwill wherever they go – building, developing & sharing with other nations the prospect of prosperity. It’s clear to see the American are doing the reverse laying waste & destruction.

The American are indeed following the footstep of Islam, as invented by Prophet Mohammad, not as a religion of peace but as to justify his aggregation of worldly power & wealth.

If the American act as though all Muslims are evil, they run the risk of creating a self-fulfilling prophecy. There are well educated Muslims who generally are decent & peace-loving who deserve human respect & friendship.

Smile begets smile. Aggression begets aggression. That’s the natural law in operation. The same goes towards making friends or enemies.

I am no politician but like most observers will perceive, US is driving in all possible directions to provoke Russia to war over the question of Ukraine. Good thing that Russia has the good sense to remain cool & patient. Both countries have nuclear capabilities. Should there be a war, both will be annihilated.

China is not a hostile country. It certainly does not come near to compare with the might & power of US military. China quite easily is still 20 years behind the US in terms of military capabilities & technology. Given US technical assets, it will be a long way before China stands head over shoulder in this respect . . . unless China has had made some secret serious strides in the last few years.

What is there for US to fear except fear itself. Let’s hope US is not acting like a lame tiger in the jungle of survival, desperately pouncing & devouring on every animal big or small.

A Decade That Was . . .

By Paul Chong Friday, 11 December 2009

The concept of “Too big To Fail” proves to be otherwise

as shown by the collapse of General Motors & AIG.

When at the top, the only other direction, is down.

The bigger you are the greater the fall!

The old proverbial wisdom says: “Pride comes before a fall.”


The American Dream is dimming as in the wake of a wink. Historically, America couldn’t have a worst time than the decade that is going by. There’s been a series of one disaster or catastrophe after another . . . a decade of debacle chiefly 9/11 to financial wipe-out (2001 – 2009). This is the most dispirited & disillusioning decade the Americans ever lived through! Call it “The Decade of Broken Dreams”?, “The Decade from Hell”?,“The Decade of Reckoning”? Or “The Lost Decade”? . . . you’d soon run out of the superlatives!

General Motors Collapse

Could this be just a glitch or false alarm? The dreaded millennial meltdown never happened? No major wars were fought, yet thousands died – 9/11, Iraq & Afghanistan – both victims & soldiers, not counting the innocent dead & millions of displaced refugees.

Has God been conspiring & most unkind? God certainly forbids the falsehood & lies about the invasion. God has also been thrown out of every aspect of American life! God’s been forgotten but is God forgiving?

Perhaps all these catastrophes are signs from Heaven – one after another – two market crashes — one at each end of the decade. You might recall the first Wall Street crash, when swooning tech stocks tanked the market from 2000 to 2001, not long after the Nasdaq hit an all-time high of 5049 on March 10, 2000. (Recent levels: 2150-2200.)

This was followed by the defining moment of the decade, the terrorist attacks of 9/11, which redefined & impacted global politics for at least a generation and caused US to question the continental security which they rarely worried about. US waged war in Afghanistan that drags on for eight years now and today it is deadlier than ever. Then came the fiasco in Iraq. Don’t forget the anthrax letters and later the Washington, D.C., snipers and the wave of Wall Street scandals highlighted by Enron and WorldCom.

Hurricane Katrina which occurred right in the midst of the decade 2005 (August 29) in Southern Louisiana killing more than 1,500 & causing $100 billion in damage. This is the single largest natural disaster in US history – problems of which have largely been unsolved.

A housing bubble fuelled by the availability of cheap money and excessive borrowing set ablaze by derivatives, so-called financial weapons of mass destruction, put the economy on the brink of collapse. The Americans will be sorting through the damage for years. Meanwhile, the living, breathing symbol of this economic sordidness, the great con artist. Bernie Madoff, rots away in a N.C. jail cell, doing 150 years for orchestrating the biggest Ponzi scheme in the history of humanity.

The United States of America has failed to lead by example. Its dollar value is collapsing, its economy is faltering, its unemployment hits double-digits, the list just go on & on. Has Western capitalism seen the end of its road? Is America, its citizens known famously as “the ugly Americans” now becoming old & weary . . . no longer having the zeal & zest to dictate?

You be the judge & jury!

US Greenback Is Doomed!

By Paul Chong         Sunday 6 December 2009

(A composite report from reliable sources)

“Capitalism creates a rational frame of mind which, having destroyed the moral authority of so many other institutions, in the end turns against its own.” – Joseph A. Schumpet

Japanese toymaker Bandai has released paper-thin bath soap that looks like the American 100-dollar bill.(Xinhua/AFP Photo)

Environmental experts recently called toilet paper

“one of the greatest excesses of our age.”

Once the pride & might

Its collapse is now in sight!

This is not just theory. It’s the real thing! Let’s hear from the experts:

US billionaire & investment guru, Jim Rogers, influential former partner of financier George Soros (The World Today Dec 3, 2009) is advising investors to desert the greenback and put their money into commodities. He says the US dollar is a flawed currency that has no future.

Nobel Prize winner Dr. Paul Samuelson, hardly an alarmist, has characterised U.S. financial imbalances as so severe and “irreversible that we must accept that at some future date there will be a run on the dollar. Probably the kind of disorderly run that precipitates a global financial crisis.” . . . while other monetary experts now warn, “We’re in the terminal stages of the world’s most gigantic pyramid scheme.”

Or as Dr. Ron Paul, a member of the U.S. House of Representatives, recently noted about the rampant, unprecedented money creation going on, “If we continue doing what we are doing right now, we will literally destroy the dollar.”

The first dramatic debt growth spurt of US debt-based approach financing system occurred with the Civil War. The debt was just $65 million in 1860, but passed $1 billion in 1863 and had reached $2.7 billion following the war, slowly fluctuating for the rest of the century, finally growing steadily in the 1910s and early 1920s to roughly $22 billion as the country paid for involvement in one war after another – wars which they never did win.

When compared to hard money backed by gold or silver, this debt-based approach has the advantage of making the currency elastic, giving the government a means of expanding or contracting the money supply in response to changing economic conditions. The disadvantage of this approach is inflation. The money supply must be continually expanded in order to finance interest payments on the debt by which it is issued. This devalues the currency, causing inflation.

All signs point toward the U.S. dollar – already down one-third against other world currencies since 2002 – heading at breakneck speed for a precipitous and historic crash.

While all global currencies are falling against tangible

assets, the US Dollar is falling faster.

Unmistakable warning signs reveal here point to a monetary crisis on the verge of spinning wildly out of control, leading to massive INFLATION and quite possibly, a sudden and catastrophic dollar collapse that will forever change US nation.

Mr. Obama, in a recent cable news interview during which he tried to rationalize his multi-trillion dollar spending spree, conceded with a chuckle,“we are out of money now. We’re operating in deep deficits…” This admission came only a few months into his term, and even before he committed upwards of $50 billion more in U.S. taxpayer funds to bailing General Motors out of the hole!

Major foreign investors such as China are quickly catching on to the hard reality of US insolvency. Inescapably, they’re concluding that the “only way Washington can keep its Ponzi finance going is by running the monetary printing presses non-stop.”

Mega-investor Warren Buffett recently admitted publicly that the frantic spending and money creation underway right now will trigger a currency-destroying inflation that will be much more severe than in the 1970s.

Big-time investment gurus such as Jim Rogers dispatched a strongly worded email offering this sobering assessment:

“The world at large does seem to understand innately that governments are bankrupting themselves and destroying paper currency.”

The sheer havoc unleashed by a dollar crisis will be nationally jolting on a par with Pearl Harbour, John F. Kennedy’s assassination and 9/11. And yes, the bottom could drop out in just a single harrowing day.


The coming dollar collapse will wreak economic and social havoc far beyond skyrocketing prices. Widespread fuel and food shortages, relentless crime waves and the government’s endless socialistic machinations will devastate the American way of life like a giant tornado.

US – Greatest Debtor Nati

With US main creditors & all the global supporters pulling out,

there will be a catastrophic tsunami unimaginable.

Just this week, US Fed Chief Ben Bernanke declared the US economy is facing “formidable headwinds” & effectively vowed to continue its relentless printing paper dollars.

China’s Andy Xie, recently named by BusinessWeek as one of China’s most influential economists, quickly reacted with the accusation that Bernanke was “poisoning” the US economy by keeping interest rates near zero & creating a tidal wave of newly printed paper dollars. He warned that the next global crisis will be driven by asset inflation . . . which is exactly the present scenario.

Incidentally, toilet roll goes off very quickly towards its end!

Being at the top is not good, there is only one
way to go from there – down.