Armed suspect threatens to shoot employee over 50% increase in taco bell

%50 inflation caused one customer to go loco for taco bell. Apply 50% inflation to your grocery stores and watch people go crazy.

Inflation Rage: SWAT Standoff in Texas Over 50% Food Price Increase

Author: Mac Slavo

Price increases will be felt with disdain and met with anger across the entire economic spectrum:

The price of the Beefy Crunch Burrito had gone up from 99 cents to $1.49 and the man at the Rigsby Road Taco Bell drive-thru had just ordered seven.

The fast food customer was so disgruntled by the price hike he shot an air gun at the manager, displayed an assault rifle and pistol while in the restaurant’s parking lot, fled as police were called, and pointed one of his weapons at three officers who pulled him over. Fleeing when they opened fire, he barricaded himself in his hotel room — all over $3.50 plus additional tax.

All three of his weapons were found to be air-powered and not firearms.

Source: My San Antonio

It may not seem like a lot of money, but for many, $3.50 could be the difference between eating tomorrow or not. Ricardo Jones of San Antonio, TX experienced a 50% food inflation rate. Enough to set anyone off – perhaps not to the point of threatening restaurant employees and police with firearms (real or not) – but certainly enough to cause stress, anger and even rage

http://www.shtfplan.com/headline-news/inflation-rage-swat-standoff-in-texas-over-50-food-price-increase_03222011

Update on UK US UN invasion and bombing of Libya

This is getting out of hand. This is a sovereign nation. We have no business there. Where does the UN derive it’s authority. This is disgusting. We have several Arab and Muslim countries that are fighting it’s governments. They are also getting slaughtered by their dictators, yet the USA  UN and UK does nothing. But we have one government that we are not on the best of terms and has an issue with just handing over all of it’s oil and power to US UK and next thing you know, Obama is sending us into a third war. This war is unconstitutional and unauthorized by our Congress, yet he sought approval from the UN, therefore sending the message the USA is in full submission to a foreign power and that the USA is no longer sovereign.

Video of story here:

http://www.bbc.co.uk/news/world-middle-east-12781062

Update on Yemen Revolution! Video showing resistance

Yemen rocked with street fights

 

Third day of street fighting rattles Yemen’s capital

By Stephen C. Webster

Following Tunisia, Egypt and Libya, people in Yemen are pushing feverishly to throw off the yoke of a puppet government that does not represent their will. But as we’ve seen in Tunisia and elsewhere, that freedom does not come without a steep price

Rest of story:

http://www.rawstory.com/rawreplay/2011/03/third-day-of-street-fighting-rattles-yemens-capital/

Senior Economist with HSBC says expect unrest first world countries

When are we going to realize that money, inflation, and deflation are all an illusion. Seriously? The problem with here is the price of things go up, the wages and raises go up. So why the hell raise the cost of anything then? Who cares if you make $50,000/yr when your costs are $50,000/yr. If your costs were $12,000/yr and you made $12,000/yr you would be in the same predicament. This just an illusion for the average human sheepminded individual thinking they are accomplishing something by have more denominations of something that is valued as something in less denomination.

Let’s take for an example, if I say “1 trillion dollar” sounds like alot but you can’t relate. But if I say “$787,000” or “$541,000,000″ you think ” WOW THAT IS ALOT OF MONEY”. It is a mind trick. Corporations use it on you all the time. Y’know when you ask “why do they make something $2.99 or $2.98?” Because they know the average consumer is too dumb to figure out that $2.99 and $3 is the exact same thing! But the three is imprinted into your head since you were a kid that it is MUCH bigger than 2. 787 sounds bigger than 1 no matter how many zeroes are behind it or lack thereof.

Freedom for every human will only come when we drop mental chains realize that it has all been a magic trick and a scam!

“Even in the developed world I think we have very, very low wage growth, so people aren’t getting more in their pay packet to compensate them for food and energy, and I think we could see social unrest certainly in parts of the developed world and the UK as well.”

UPDATE: Police join protests in Wisconsin

Oh shit! We are going to have little Egypt in US here soon if this doesn’t get under control.

BREAKING: Wisconsin Police Have Joined Protest Inside State Capitol

Written by Jenn Breckenridge

From inside the Wisconsin State Capitol, RAN ally Ryan Harvey reports:

“Hundreds of cops have just marched into the Wisconsin state capitol building to protest the anti-Union bill, to massive applause. They now join up to 600 people who are inside.”

Ryan reported on his Facebook page earlier today:

“Police have just announced to the crowds inside the occupied State Capitol of Wisconsin: ‘We have been ordered by the legislature to kick you all out at 4:00 today. But we know what’s right from wrong. We will not be kicking anyone out, in fact, we will be sleeping here with you!’ Unreal.”

http://understory.ran.org/2011/02/25/breaking-wisconsin-police-have-joined-protest-inside-state-capitol/

Revolution and protests spread to Vietnam, everyone wants a piece of the action

Here is a video of protests and revolution now sinking into the minds of the Vietnamese

Obama tell Gadhafi “Get the hell out”

Obama: It’s time for Libya’s Gadhafi to go

//

By BRADLEY KLAPPER, Associated Press Bradley Klapper, Associated Press – Sun Feb 27, 8:42 am ET

WASHINGTON – President Barack Obama has called on Libyan dictator Moammar Gadhafi to leave power immediately, saying he has lost the legitimacy to rule with his violent crackdown on his own people.

With that shift Saturday, Obama dropped the careful condemnation, threats of consequences and the reminders to Gadhafi’s regime about its responsibility to avoid violence.

The president called on Gadhafi to step down for the first time, saying the Libyan government must be held accountable for its brutal crackdown on dissenters. The administration also announced new sanctions against Libya, but that was overshadowed by the sharp demand for Gadhafi’s immediate ouster.

“The president stated that when a leader’s only means of staying in power is to use mass violence against his own people, he has lost the legitimacy to rule and needs to do what is right for his country by leaving now,” the White House said.

The statement summarizing Obama’s telephone call with German Chancellor Angela Merkel came as Libya’s embattled regime passed out guns to civilian supporters and sent armed patrols around its capital to quash dissent and stave off the rebellion that now controls large parts of the North African nation.

Until Saturday, U.S. officials held back from fully and openly throwing all their support behind the protest movement, insisting that it was for the Libyan people to determine how they want to be led. The refrain echoed the public position maintained by the administration during the Egypt crisis, when the U.S. gradually dropped its support for longtime ally Hosni Mubarak but never explicitly demanded his resignation after nearly three decades in power.

Explaining the change, Secretary of State Hillary Rodham Clinton said Libyans “have made themselves clear” that they want Gadhafi out.

The tougher tone set the stage for Clinton’s trip Sunday to Geneva, where she will confer with foreign policy chiefs from Russia, the European Union and other global powers on how to drive home the message to a Libyan government determined to cling to power and crush opposition to Gadhafi’s rule.

Interviewed on CNN’s State of the Union, Sen. Joe Lieberman, I-Conn., said even more forceful action needs to be taken against Gadhafi’s regime, including imposing a no-fly zone and providing arms to the rebels.

“The world has to do more,” he said.

Sen. John McCain, R-Ariz., said foreign mercenaries fighting for Gadhafi should know they run the risk of “finding themselves in front of a war-crimes tribunal.”

The two lawmakers spoke Sunday from Cairo where insurgents toppled the government of Egyptian President Hosni Mubarak earlier this month.

Obama and Merkel strategized on how the world should respond to the violence that, according to some officials, has killed thousands of people. Clinton spoke with the EU’s top diplomat Catherine Ashton to coordinate the international pressure.

Acting on its own, the administration announced a new measure Saturday when Clinton said the U.S. was revoking visas for senior Libyan officials and their immediate family members. New travel applications from these individuals will be rejected, she said.

The visa ban followed the administration’s moves Friday to freeze all Libyan assets in the U.S. that belong to Gadhafi, his government and four of his children. The U.S. also closed its embassy in Libya and suspended the limited defense trade between the countries.

It is unclear how far the U.S. — and its international allies — might have to go to convince Gadhafi that his four-decade reign in Libya must end. American military action is unlikely, although the administration hasn’t ruled out participation in an internationally administered protective no-fly zone.

U.N. chief Ban Ki-moon was due in Washington on Monday for talks with Obama at the White House.

A nonviolent revolt against Gadhafi’s government began Feb. 15 amid a wave of uprisings in the Arab world. Most of Libya’s eastern half is under the control of rebels. Witnesses say Gadhafi’s government has responded by shooting at protesters in numerous cities.

http://news.yahoo.com/s/ap/20110227/ap_on_re_us/us_us_libya_22

Bye Bye Gaddafi Bye Bye

As the uprising of the middle east spreads, Libya a natural choice, is in civil war. Libya is also a big player in the price of oil. As any normal dictator would do, Gaddafi doesn’t stand for any opinion besides his own and orders the military to fire on and drop bombs on the people of Libya. Instead of being loyal to this chump, military commanders are loyal to the people who are also family members and say “NO”! They instead in a beautiful act of Libyan patriotism tell this evil despot to shove it and have now are waging war against him. Word is Libya has completely succumbed to the people accept for Gaddafi’s one last hold out which shouldn’t last long. I am sure he is going the way of the dodo. Another cool piece of information is top Muslim Cleric has ordered a FATWA on Gaddafi. A fatwa is a religious decree to kill him.

…..

An air force officer, Major Rajib Faytouni, said he personally witnessed up to 4,000 mercenaries arrive on Libyan transport planes over a period of three days starting from 14 February. He said: “That’s why we turned against the government. That and the fact there was an order to use planes to attack the people.”

Numerous witnesses in Benghazi have said that while artillery was used against citizens, air force planes did not fire on them here. They did, however, according to Faytouni, drop two bombs inside the Rajma military base to stop weapons falling into the hands of anti-government forces.

“The two colonels who defected in MiGs had refused orders to bomb the people,” he said, referring to a pair of air force officers who fled to Malta in their jets on Monday. He added: “There were also two helicopters that flew to Tunis.”

All around Benghazi there were indications that Gaddafi has lost control of the city. The military is no longer operating checkpoints, which are now manned only by a handful of traffic police. Every physical sign of the dictator has been taken down or burned. While there has been no violence in the past two days, angry demonstrators are driving through city firing Kalashnikov rifles into the air and demanding Gaddafi cede control and leave the country.

http://www.guardian.co.uk/world/2011/feb/23/libya-free-benghazi-anti-gaddafi-troops

I predicted oil would hit at least $130/bbl

Which would lead it to $4.75/gal on average across the states. Now that outbreaks of uprisings of people who are just damn tired of dictators are in play, oil is rocketing. Currently at $100/bbl, Marketwatch.com backs my belief with this post:

Middle East unrest could push oil to $220: Nomura

By Claudia Assis

SAN FRANCISCO (MarketWatch) — Crude futures prices could peak above $220 a barrel if Libya and neighboring Algeria “were to halt oil production together,” said Michael Lo, an analyst with Nomura. The closest comparison to current unrest in the Middle East and North Africa is the 1990-91 Gulf War, he added. The unrest could also reduce spare capacity of the Organization of Petroleum Exporting Countries to levels last seen during that war and in the summer of 2008, when prices hit $147 a barrel, Lo said. Crude-oil futures closed 2.8% higher at $98.10 a barrel on the New York Mercantile Exchange.

http://www.marketwatch.com/story/middle-east-unrest-could-push-oil-to-220-nomura-2011-02-23?dist=afterbell

Alot higher than I expected for this summer. I wasn’t expecting these prices until next summer. This will cause an economic crash here in the U.S.