During the past two weeks I have been relocating to the Ozarks. The comments are now opened again on all posts. I will be quite busy off and on until I get settled here so your comments could take a day to appear at times. I probably will not have a lot of time for new posts either for a few weeks.

I see while I was gone the nation has gone back to irrational exuberance as if the worst is now over. Don’t bet on it! There is a whole other shoe to drop on home foreclosures and commercial real estate foreclosures are also about to hit the banks. By this fall banks will be failing like dominoes all over the nation.

When the government puts trillions of dollars into the system it has to be spent somewhere and that is why you see some signs of a recovery. The problem is that the government money is not endless and it does not come from nowhere. They are now charging trillions on their national credit card that is already overextended. The next major crises will come when the creditors want to get paid back. Since we can only pay these huge debts with paper money fresh off the printing press it will result in a devaluation of the dollar or high interest rates. That will either make everything more expensive (inflation) or the high interest rates will put us back into a worse depression. Either way, there is no major recovery on the horizon. Things really could get significant worse.

So far health care legislation and carbon tax and-trade legislation has not make it to the President’s desk yet. Lets hope they never do or the costs of those programs will aggravate an already weak economic situation. By the way, has anyone noticed how cold temperature records are being broken all over the world even with rising CO2. The global warming models have been wrong but that should not surprise us since the whole global warming theory is junk science baloney. The earth is now growing significant colder. We better hope that a big volcano does not go off or we could be in a deep freeze this winter.

lets also not be myopic about Iran and N. Korea either. Do liberals really think that if we ignore these urgent problems that this is still not going to bite us in the butt within months? What will a strike on Iran bring to the economic stability of the West?

Someone might be interested in my relocation experience. I loaded a 26ft UHaul truck and towed a car behind it on a flat bed car carrier.  I guess the whole rigg is fifty or more feet but you do not need a special license for a rig that is  longer than a semi. Frankly, if you see someone pulling that set-up near you, you would be wise to get out of their way. Most gas stations are not set-up so they can make a turn in their station. In one place I could not make the turn and hit the post and had to unload the vehicle from the flat bed and get some people to push the trailer back away from the pump and then put the vehicle back on again. Now you know why those posts are protecting the pumps. At one rest stop I could not make the turn in an unusually narrow rest stop for tractor trailers and about tore off a bumper of a flatbed trailer parked at that rest stop. So now I have to deal with that accident report. My advice is to let someone else move you, you might save a little with the Uhaul but it is not worth the risk. Last time I moved with a UHaul a semi hit me in the rear.

So here we are in the Ozarks. It is a great spot to get away from people. I can only see one light at night. We have about five acres of open area in the middle of heavily forested area. I think the house sit on top of a ridge for the view or else they built it there it to try to catch passing tornadoes.

I cut the grass yesterday and that took all day. That was not much fun in the heat. I think I will go to brush hogging most of it  every year or two rather than trying to mow the whole thing a dozen times a year.

The house is nice in some ways and strange in others. In most of this part of the Ozarks there are no building codes so people build the strangest houses. This house has two bathrooms but to get to one you have to go through the other? The one bathroom is as big as a bedroom and has kitchen cupboards and even a double kitchen sink? The pine siding on the house needs work because they did not coat it with quality wood covering so now we need to get that taken care of pronto or insurance is going to drop us.

Of course we only have a 28K Internet connection. That seems to be the standard for rural areas of the country, you cannot even get 56K dial-up. When is someone going to develop long range over the air Internet for us rural people? I probably will have to move to a third world country to get it.

We looked for a Church on Sunday and showed up for the service time they had on their sign. That was a big mistake we got there for the last fifteen minutes of the service.  I don’t think that Church will work out for us so we will be looking again next week. Looks like we will have to travel about 25 miles to find a church that even has a full time pastor.

Hay, the blue grass music on Saturday night was fun.

Gerald Celente is interviewed by Human Events in my quoted article and like usual world trends forecaster Gerald Celente has some interesting things to say. I see things pretty much happening the way that Celente is saying myself. If you see any green shoots coming from this administration’s nutty economic policies you better pick them and convert them into something useful while you still can. Housing is not going to recover with all the unemployment, repossessions, and the now rising interest rates. The interest rates have to rise because no one wants to finance our risky debt anymore. So our government will just print the money they need causing the crash of the dollar and making a great recession into a great hyper inflationary depression.

I do not see any substantial recovery in the next year but the next year will seem like living in good times compared to what is coming. After the hyper inflationary depression starts I see America’s living standards declining to that of Mexico. But, our spoiled brat criminal generation who expect endless handouts from everyone will just burn the cities and take what they want. Then a world war will be necessary so everyone can be enslaved by government in the name of national security. At that time you will see a dictatorship, martial law, script coupons for money, a draft, and rationing of everything. We also might have a civil war and/or secession because some states and some people are just not going to go along with the federal agenda.

Celente thinks the bail out bubble will burst in 2010 and hit full force about 2011 and that sounds about accurate to me. After that you will have civil upheavals and martial law. Then the foreign war will probably come before the national presidential election in 2012 so there will be no election just an indefinite extension of political terms.

I am not saying our government will start that war on purpose but when your in a national crises your enemies come for the kill and it gives reasons to overreact. The U.S. must be economically destroyed and our nation largely disarmed for the Beast out of Europe to gain power over the world. One way to get America to disarm is to destroy her economy by making the dollar so worthless that she cannot afford to make new weapons and also to get America in a world war so she will use up all the high tech weapons that she now has. The war of course will be for the purpose of subjecting most of the radical Muslim nations to the Beast that is rising out of the old Roman Empire. So that probably is why America is not in Bible prophecy.

Anyway I think you will want to know what Gerald Celente has to say. Perhaps David Wilkerson’s vision is also correct.

Exclusive Interview with Future Prediction Expert Gerald Celente – HUMAN EVENTS

Human Events had the opportunity to interview forecaster extraordinaire Gerald Celente, President of Trends Research Institute, several days ago — and the future he predicts looks bleak indeed. In fact, as Mr. Celente sees it, the Great Depression will seem like a mild recession as what waits for us in 2011 hits with the force of a Katrina financial hurricane.

Mr. Celente puts part of the blame squarely on the federal government, and especially FED Chairman Bernanke and Treasury Secretary Geithner, and warns us not to believe a word they say “They’re the same people who didn’t see it coming – are now telling us the worst is over, that ‘green shoots are spouting upwards’. But they were wrong before. They’re wrong on this too”.

“When you pump out tons of money manure into this system based on nothing – printing press paper, it’s like giving a patient with a chronic disease a pain killer — it won’t cure the patient.”

“But let’s go beyond the economics. Our whole Constitution has been abrogated. The president simply writes an Executive Order to do whatever he wants. Nationalize the banks, take over the insurance industry, automobile industry, health care industry…
None of it is constitutional.”

Mr. Celente observes that “people used to think of America as that shining beacon on the hill with ‘liberty and justice for all…’ .” So what happened?

“Morality is missing from our American public consciousness. Start with Wall Street. It’s run by a criminal gang. The only question is ‘how much can you make, how much can you steal?’ At the bottom, the welfare recipient says ‘how much can I take?’ And the government is in on the take.”

“Our society is now based on consumption — 70% of the GDP. This is more than we produce. So to pay our bills, we use funny money invented in 1913 with the creation of the Federal Reserve and the fiat dollar based on credit (debt) — the fractional reserve system. In 1930’s you bought what you could afford. You saved up to buy your home. The easy credit of the 90’s has destroyed the country. Now you borrow what you can’t afford – and the nation’s done the same.”

Mr. Celente predicts the use of printing press money will cause the “greater depression”.

“I predict continuing deflation of real estate, followed by extreme currency inflation — ultimately becoming worthless.

“Our unemployment numbers are also bogus. For example, the construction industry is really above 20% , and the government is creating low-level jobs, not real jobs. The US total real unemployment is more like 16%. Before the crisis is over, it will reach 25% – great depression numbers.”

“When people have lost everything they have nothing to lose. Violence and crime will explode. Look at the OECD figures. The number of people not graduating from high school is exploding — they’re wacked out on drugs. New York City will look like Mexico City in a few years. The collapse of morality from top down — and especially in the government — makes it inevitable.”

“We predict state secessionist movements will rival the breakup of the Soviet Union.”

“The only way we can ever recover is to return to individual community, personal responsibility, local government. Next, average will disappear, Quality will return. Look at GM. Junk cars financed by junk bonds. Now owned by a junk government. As a consumer, don’t consume quantity — consume quality.”

“Now they’re creating the bailout bubble — which will ultimately dwarf the real estate bubble. It will cause the implosion of the global economy world wide — which will not be able to be repaired by creating yet another bubble. Every time the government fails, it tells a bigger lie and then a still bigger lie.”

“These previous bubbles were not allowed to pop — but they didn’t destroy the infrastructure of the country. This bailout bubble will.”

“But this bubble will be the last one. After the final blowout of the bailout bubble, we are concerned that the government will take the nation into war. This is a historical precedent that’s been done over and over again.”

Full article

The hard left that has hijacked America with flattering lips and lies is now following the economic ideas and even the social beliefs taught by the atheist pervert named John Maynard Keynes. So you really ought to know something about what Keynes taught and believed and where those following Keynesism will take America.

Keynes opposed the free economic system and his views helped form the ideas of the Nazi and Marxist socialist systems. His views today are held by Fabian socialists that now control the Democratic Party of our nation. People who believe in Fabian socialist Keynesism control many of our universities, national media, foundations, and government bureaucracies. Now with the economic collapse they are also rapidly taking control of our big corporations. Did you know that some of the same Fabian Keynes socialists that brought about this economic collapse are now running the show to fix it?

This article will give you 30 points about John Maynard Keynes. I quote several points from the article below. So do you really think this administration will solve the economic crises following the economic perversions of this man? Do they even want to? Or like Keynes, do they really want to keep the nation in debt and to create inflation? Keynes thought inflation was a good thing because it secretly confiscated the wealth of its citizens and gave it to government. If knowing our leaders would follow such a perverted man does not make your blood boil you are probably already dead.

John Maynard Keynes

“Veritas [foundation] feels that without doubt the following study will prove that the Keynesian ’system’-if it can be called a system-is the primary economics system being taught in Harvard. Veritas also feels that “Keynesian economics’ is a misnomer. It is not economics. It is a leftwing political theory.” Zygmund Dobbs, Research Director, Keynes at Harvard. New York, NY

No matter what phase of left-wing infiltration we study, be it in government, in information media, in foundations, in labor unions, or whether we deal with Keynesian socialism, neo-Marxian socialism or with Bolshevik communism, the tracks lead inevitably to Harvard University

Today [British] Fabians use the teachings of John Maynard Keynes as their catechism of political economy. The American Fabians have slavishly installed Keynesism as the new faith, both in the Universities and in Government bureaucracy. To lay bare and dissect these premeditated deceptions is the true task of the political science of our day

Keynes was characterized by his male sweetheart, Lytton Strachey, as ‘A liberal and a sodomite, an atheist and a statistician.’ His particular depravity was the sexual abuse of little boys.” Zygmund Dobbs, “Sugar Keynes.” See Goggle “John Maynard Keynes: Lavender & Bolshevik.

The entire Keynesian apparatus is based upon the principle of control and regulation by government…capitalism should now be regulated and controlled by a central authority…One of the central themes in Keynes’ system is a condemnation of the principle of ’savings.’ …Here is [Keynes] General Theory in a nutshell, with its trans valuation of all values. The great virtue is Consumption, extravagance, improvidence [not providing for the future]. The great vice is saving, thrift and ‘financial prudence

Keynesian leftists…are confident that a great national debt and continuing inflation plus enormous internal and foreign commitments assure the continuance of Keynesian operations for generations to come regardless who is in power

The line between fascism and Fabian socialism is very thin. Fabian socialism is the dream. Fascism is Fabian socialism plus the inevitable dictator.

Full article

You might think that Gerald Celente read my last blog on where I outlined events likely to happen in the next decade. But, more likely just great minds think alike

The article I quote in part below is short and to the point. The bottom line is that world trends forecaster Gerald Celente thinks that after the bailout bubble bursts the only trick the wizard behind the curtain will have left to keep good ship Lollipop afloat is some pretext to take the nation to war.

That is logical because after it is known that trillions of dollars of taxpayer dollars were wasted trying to stuff dollars in the holes of the rotten ship there will be no more support for bailouts from taxpayers when they cannot even bail themselves out of debt. There simply is no way floating bubbles full of dollars at this financial sinking ship is going to stop the ship from going down. Every bubble they blow to plug the rotten ship will burst and creates a even larger hole.

After this bailout bubble bursts the taxpayers are not going to be willing to print more dollars to keep plugging rotten holes with dollars that soon would become more valuable as green toilet paper. Not to even mention the U.S. treasury bond bubble that will burst right after the bailout bubble. It can only lead to national bankruptcy unless….there is a huge war.

Only in time of war can governments massively increase taxes during a depression without creating more unemployment and a revolution. Usually when tyrants and socialists get their nation in this position they find some convent scapegoat and create a enemy that has to be defeated at all costs by everyone in their nation. If they can convince enough people in the nation of the external threat then people willing or unwilling are forced to take on huge tax burdens and endure sacrifices to save the nation from the threat. We have many examples of this in the past and also in the world today. A prime example today are those living in North Korea.

So it is not illogical to think that the U.S. and other Western nations will see some necessity for a war to keep their progressive new world order agenda on track. I would not say they are actually conspiring to do this like some think, or even planing to do this, because these idealists actually think their often disproved economic theories will work this time (proving their insanity).

The war will probably come about because of real world conflicts but when the economic policies fail and the bubble bursts, government could be all too willing to find a reason to go to a national war footing to increase taxes on everyone and make everyone a slave of the state. There are obviously conflicts readily available in the world to bring this war about anytime they want.

The domestic social unrest in the resulting depression after the bailout bubble bursts might make certain people want to create a war time economy to deflect from their failures and not waste such a good crises.

Yonkers Tribune : Gerald Celente Trends Alert – The “Bailout Bubble” – The Bubble to End All Bubbles

Washington is inflating the biggest bubble ever: the ‘Bailout Bubble.’ “This is much bigger than the Dot-com and Real Estate bubbles which hit speculators, investors and financiers the hardest. However destructive the effects of these busts on employment, savings and productivity, the Free Market Capitalist framework was left intact. But when the ‘Bailout Bubble’ explodes, the system goes with it.”

trillions of dollars are being injected into the stricken economy.

Phantom dollars, printed out of thin air, backed by nothing … and producing next to nothing … defines the “Bailout Bubble.” Just as with the other bubbles, so too will this one burst. But unlike Dot-com and Real Estate, when the “Bailout Bubble” pops, neither the President nor the Federal Reserve will have the fiscal fixes or monetary policies available to inflate another.

With no more massive economic bubbles left to blow up, they’ll set their sights on bigger targets. “Given the pattern of governments to parlay egregious failures into mega-failures, the classic trend they follow, when all else fails, is to take their nation to war,” observed Celente.

“At this time we are not forecasting a war. However, the trends in play are ominous,” Celente concluded. “While we cannot pinpoint precisely when the ‘Bailout Bubble’ will burst, we are certain it will. When it does, it should be understood that a major war could follow.”

Full article

Things are getting pretty crazy out there to say the least so I think I will give you my world trends forecast for 2010-2020 AD. I think the next decade will be the most violent decade since the days of Noah. The only decade that will exceed it in violence will be decade of Jacob’s trouble. Here is a glimpse of some of the things I think we can expect. They are not in any time sequence and I probably will add more as I think of them:

• The world will not recover from the economic downturn and unemployment will stay high right into the next world war.
• There will be a world war early in this decade and there will be civil war in many places. The World War could start as the war of Psalm 83 or an attack on Iran. This war against radical Islam could also start over Pakistan. No matter how the war starts, at the peak of the war it will cover much of Europe, the Middle East and Central Asia. Radical Islam will be defeated but it will be a very costly and bloody war.
• India will take back Pakistan and whole cites could be lost to nuclear exchanges.
• There will be national drafts to fight the world war. The volunteer army concept will be dead.
• The whole world monetary system will have to be scrapped, the most advanced nations will be technically bankrupted because of debt. A  new world monetary system will be set up.  Most people will lose their investments.
• The word democracy may still be used but within a few years true democracies or republics will no longer exist.
• The Supreme Court of the U.S. will turn liberal and the Constitution will only mean what liberals want it to mean.
• The world will embrace the “third way” but the “third way” really is liberal fascism.
• After the world war against radical Islam a religious harlot will be given authorization to oversee all world religion. This religious harlot will claim to be the Universal World Church and have a many paths lead to God attitude. She will be tolerant and inclusive as long as others recognize that the Vatican harlot is the final religious authority speaking for God on earth. The harlot will advise the emerging world government on all religious issues.
• All fundamental religion that teach exclusive paths to God will be outlawed and those who promote it will be seen as a threat to world peace. The religious harlot will persecute all that will not submit to her authority on earth. Teaching on a coming savior, messiah figure or end time prophecy will be outlawed. Religious holy books will be sanitized and passages that might offend others will be taken out or changed.
• Many liberal post-modern Protestant churches will continue down the road of apostasy and join with the harlot.
• The true Church of Jesus Christ will have to go underground in most areas of the world and she will be at great risk.
• A nuclear EMP is very possible over the United States during the next decade and if it should happen it would bring massive civil unrest, riots and martial law.
• We can expect at least one natural pandemic in the world in the next decade but the real danger next decade will be from man made viruses. There will also be famine because of the world war.
• There will be successful terrorist attacks using weapons of mass destruction until after the world war.
• Due to the growing differences between liberals and conservatives certain states in the United States will secede and there might be civil war.  There certainly will be conflicts when police attempt to take away peoples guns.
• Toward the end of the decade all nations in North America will  join a new North American Union or face total isolation.
• Western Europe will emerge out of the world war against radical Islam as a western superpower. This will be a new union of nations, it will not include all the same nations as are in the EU today. The new union will be more on the boundary lines of  the old Roman Empire and the recently proposed Mediterranean Union.
• China, India and Japan will be well on their way to becoming nuclear superpowers.
• North Korea’s military will be obliterated and South Korea or China will take over  North Korea.
• Russia will dominate east Europe and northern Asia and form a block of nations almost on the same lines as the old USSR. Iran will make a defense agreement with the restored Russian superpower after the world war.
• Israel and most Arab states will join the Mediterranean Union after the war. This will bring a time of peace to the Middle East that will last until the Gog Magog war (Ezekiel chapters 38 and 39).
• Iraq will escape most of the world war and even profit from it and start the rebuilding of Babylon.
• Most of Africa will come under the control of the African Union of states.
• There will be a South American Union of states.
• Anything you say or write that is not politically correct and that offends someone else will subject you to hate speech laws and civil suits.
• There will be total surveillance of all electronic communications. The Internet will be policed and monitored. Talk radio and websites will have to be politically correct or they will be shut down.
• All main streets in cities will be under video surveillance. Geographical locations of homes and the names and identification numbers of occupants will just be two of the many layers on a massive Geographic Information System database that will be accessible to government and law enforcement.
• Homeschooling will be outlawed. Children will only be taught state approved programs. Parents that are not politically correct will be reported by their own children and parents will lose their children if they persist.
• All forms of sex  perversions will be called normal and protected. Addicting drugs will be taxed and legalized and addicts will be released from prison.
• There will be national health care but your access to certain health care will have to be pre-approved by bureaucrats following government guidelines.
• Energy prices will triple. Burning of firewood without obtaining an expensive permit will not be allowed. It will be enforced by sky police and by rewarding finks.
• There will be food and gas rationing almost all of next decade. Fuel will be very expensive and travel will be restricted.
• Foods that Big government Nanny says is unhealthy will be taxed out of existence. Obese people will be forced to lose weight or lose access to health care. Obese children will get parents charged with child abuse.
• Assisted suicide will be encouraged for terminal patients.
• There will be pay caps on all professions. The state will determine the most you can get paid.
• Taxes will take over half of the pay of professional productive people to pay for massive government.
• by the end of next decade the standard of living in the United States will be less than half of what it is today.
• In spite of what some are now teaching, the Lord will not physically return to earth during this period but the Rapture could occur (or  it may not).

Obama, Bernanke and the gang talk about green shoots as if the economy is about to stage a recovery. It will do no such thing. If you throw enough seeds on the ground your going to get some green shoots but when they grow you find out that they were weed seeds that will now choke out any real growth. That is what the Obama administration is doing by throwing dollars they do not have and cannot borrow at this economic crises. The only thing they will grow out of this manure field is big government socialism and a future where Americans are forced fed weeds.

Don’t get mislead by talk of signs of recovery. There may be some short term recovery but it will be very short lived because all the long term fundamentals say the United States cannot recover before a dollar default or major devaluation. What that means to you is the loss of almost all wealth and continued double digit unemployment. In other words, you have seen nothing yet.

Remember in the great depression of the 1930’s the same type people were saying it was over because there were major stock market rallies but the rallies did not last long and the depression when on until the Second World War. Even a war will not get us out of this economic disaster this time because we are much too far in debt. Frankly, the only solution is to scrap the whole economic system and start over with a clean slate. That of course means writing off all debt and most wealth. It would be the end of everyone’s savings and it would create a world trade war and certainly a depression. There is not going to be any easy painless solution. America’s real worth is probably less then 30 percent of what Americans think it is. America’s future commitments and entitlements simply cannot be paid with dollars that are worth anywhere near what they are worth today.

There are many reasons why this crises is far from over. There are still huge economic shoes yet to fall. Today 20 percent of all home owners owe more than their property is worth and it grows to more each month. That means these people cannot lose their jobs (but they are) and cannot move for another job or there property will go into foreclosure. The facts are, there will be no recovery in real estate for two decades. It will continue to go down for years and when it reaches bottom it will stay flat (when adjusted for inflation).

The commercial real estate bubble has not even burst yet. The banks cannot make money on the interest rates that the government is forcing them to make loans at, so there will be bail out after bail out. The unemployment rate is going to go higher then the worst case stress test. The Fed has been continually underestimating the severity of this depression.

That means the government will be bailing out the banks for quite some time and will actually nationalize them making the taxpayer the owner and the losers. Same goes for major corporations being bailed out and being taken over by the government. There are now signs that people are defaulting on their credit cards but new regulations mean that the credit card industry will will also need to be bailed out. Other insurance companies are going to need bailing out just like AIG. Much of Europe has just started on its own downturn and that will impact our economy negatively. The bond market is about to crash (read the article) etc, etc.

Below are clips from three articles. One is from world trends forecaster Gerald Celente. I think they will give you the proper perspective of the dire economic situation.

Celente – Green Shoots Or Greatest Desperation?

Green Shoots Or
Greatest Depression?
By Gerald Celente
5-7-9

KINGSTON, NY — The financial fields replete with sprouting “green shoots” should be viewed with suspicion, if not alarm, warns Gerald Celente, The Trends Research Institute Director. “They are not a mirage, but they are ephemeral.”

Field Marshall Ben Bernanke and his Green Shoot Brigade have fertilized the economic landscape with trillions of sweat equity dollars extorted from today’s public and the public of generations to come. Regardless of how depleted the land, heavy doses of dollars spread so thickly over the financial and government territories, will force “green shoots” to grow. But the fundamentals of the economy remain unsound. They will not be corrected by forced fertilizing barren acreage.

“‘Green shoots’ may sprout,” said Celente, “but they will not flower. The economy cannot be coerced back into growth with tons of money manure.” As the ancient parable puts it:

Celente said no one could have forecast that the government would not only intervene in the markets by pouring unprecedented trillions into bailout schemes, but that they would commandeer the whole free enterprise system.

“The 800-pound gorilla has ridden the elephant into the Oval Office, and are there for all to see. But few will call a spade a spade,” declared Celente. “Benito Mussolini described Fascism as ‘The merger of state and corporate power.’ He suggested that, more appropriately, it should be called ‘Corporatism.’ By whatever name, Corporatism or Fascism, what it’s not is Free Market Capitalism, much less Democracy,” Celente said.

Trendpost: With so much money being dumped into the system, there will be money to made … and lost. The agile and the knowledgeable may be able to reap “green shoots” while they’re sprouted. But beware!

“The Greatest Depression” — that we forecast would begin to set in by the end of this year — may have been postponed, but it has not been averted. When it does set in, it will do so with enhanced intensity and at a pace accelerated by complex financial finagling … all under the guise of nation-saving action. Rather than let the failing industries fail and the failed banks go bankrupt, the government is deliberately bankrupting the nation.

The lesson to be learned from the financial crisis that began in the summer of 2007, is that nothing succeeds like failure. The greater their failure, the bolder they become. The more they lose, the more they take. The greater the chaos, the more control they exact. The bigger they fail, the harder we fall.

No act is too unthinkable or measure too draconian for the Washington-Wall Street Mob to concoct in order to maintain power, make money and cover their losses. While it is impossible to second-guess what the government will do next, it is absolutely certain that they will stop at nothing.

The “green shoots” will wither and conditions will deteriorate. Those who are prepared for the worst will not have been taken by surprise.

Full Article

Bond market: why you should be worried – MoneyWeek

Why you should be worried about the bond market

By Dominic Frisby May 06, 2009
Dominic Frisby
Bank of England

A collapsing bond market means higher interest rates

A lot of people have been asking me: ‘What’s next?’

Sentiment everywhere is improving. In fact, I was astonished to hear such bullish talk from the likes of Anthony Bolton and Crispin Odey this last week. Their records and experience dwarf mine, but I see an intermediate top coming in the stock markets more or less now. In fact, I think we may have made it on Monday.

What’s more, I am observing a worrying trend in the bond market, both for US Long Bond (the 30-year US Treasury) and for UK gilts. Even now, after months of attention due to the Bank of England’s quantitative easing plans, I suspect that few people – or politicians for that matter – are really that interested in government bonds. But, believe me, the last thing we need right now is a collapse in the bond market.

Unfortunately, it could be just around the corner…

The massive provision of credit or ‘liquidity’ from the US government has helped this recent stock rally. But if government’s own long-term borrowing costs go up, so – in the long run – will rates across the rest of the economy. This could add to the pressures on the US housing market, just as it seemed to be stabilising. Add to this mix the problems that may still lie ahead in credit cards, corporate loans and the commercial property market, and you can see that the problems of the banks, and the wider economy, are far from over.
Are higher interest rates just around the corner?

A collapsing bond market means higher interest rates. At the moment those in debt are not suffering too badly – those with tracker rate mortgages, for example, are sitting pretty at the moment. But higher rates will decimate anyone with any debt, be they individuals, companies or governments. They are the last thing the economy needs just now.

Now the Fed is still able to borrow in the shorter term at low rates, so this may not have an immediate impact. But the drop in bond prices in the last five months is an early warning sign that markets will only prop up even the world’s largest economies for so long.

full article

Small Business: Economic Recovery? What Recovery? | Newsweek Small Business | Newsweek.com

Recovery? What Recovery?

Why entrepreneurs aren’t so optimistic about the economy.

Don’t tell me that the economy is getting better, or has even hit rock bottom. My faith in an imminent recovery deserted me on May 5, when one of our customers, Salyer American Foods, based in Monterey, Calif., suddenly fell into receivership. There had been little to no indication that the company was so close to financial ruin. As it turns out, the company’s lenders say Salyer owes them over $34 million, a debt equal to almost half its sales. A company attorney told local media that tight credit markets and the economic recession had pushed Salyer over the edge. If the receiver doesn’t find some way to revive the company’s fortunes, our bag manufacturing company stands to lose nearly $1.5 million in revenue, about 2 percent of our $60 million in sales.

On the same day my customer fell into receivership, Fed chairman Ben Bernanke told a congressional committee that he believed the economy was in the process of bottoming out and “would turn up later this year.” He’s not alone in his optimism. Over the past two weeks or so, it has become a cottage industry among economists and the media to spot the first “green shoots” of a recovery. Certainly shoots there may be. The stock market has rebounded smartly over the past two months, as has consumer confidence. Pending home sales have ticked up, while unemployment claims are easing. And many economists insist a manufacturing revival is in the wings because inventories have fallen so low that restocking must begin soon.

SMALL-BUSINESS DIARY
Managing to Succeed
Kevin Kelly

After more than a decade of growing his family’s business, one entrepreneur copes with the collapsing economy.

Small Business: Can We Afford Health Care?
Credit Crunch Is Still Squeezing Small Business
American Workforce Shifts to More Part-time Jobs

But I haven’t found many small-business owners ready to jump on the recovery bandwagon, and for good reason. We’re still experiencing the “bottoming out” phase and worry that another bottom remains below this one. Call us pessimists, but we’re not sure the green shoots aren’t just weeds.

Full article

The Keystone Cop routine in Washington would be pretty funny if the consequences were not so devastating to the future of America. People that are aliens to our constitution and the Bible have now taken over America.

Washington liberal politicians and the head of America’s corporations and financial institutions are a product of the Spock baby boom generation that never experienced discipline. Nobody ever said no to these people and they got what they wanted because the alternative was their temper tantrum. They are used to getting their way. In other words they are really spoiled brats who really needed a good whipping behind the shed. But, because that did not happen they turned into people alien to the United States. They do foolish things because they have never been taught discipline and have few negative real life experiences to draw from. These aliens to the American system always got what they wanted in the past and they think they will get what they want in the future.

I grew up with discipline and am I a realist but these people tend to be blind optimists and if reality ever hits them they overreact and make rash decisions. They cannot take criticism. They also never learned to critically think for themselves. They just go with the flow and have a alien collective group think mindset.

Individualism is a alien concept to them. They have been taught that democracy is group consensus and that the United States is a Democracy rather than a Republic.  They are aliens to the Bible and aliens to our Constitution so they cannot come up with sound decisions for our nation. The “group think” concept is taught by the alien communists that have taken over America’s educational systems. Alien group concepts are now also taught in all major corporations and taught to all workers in the government. Alien group consensus and team concepts training is now forced on all workers. Today almost all important decisions are made by alien group think teams. The American Government  was reinvented to conform to the alien team concepts by Al Gore. When Al Gore talks about consensus, as he often does when talking about global warming, he is talking about the consensus of a hand picked team of aliens who agree with their Queen. If you disagree with the alien team you are removed from the team so they can have group consensus. So now in American you have government and corporations shaped in the image of a Chinese Communist village, an ant farm or the alien Borg of Star Trek.

You might wonder why government is so slow to react in this economic crises but it really should not be a mystery. Before the aliens can do anything they have to assemble a team that will come up with some consensus of action. Then the alien team must write a report and pass it up the line to be accepted or rejected by the Queen. This whole process can take months. Also one alien team might have no idea what another alien team is doing so they come up with conflicting polices on the same program and often attack each other.

Having said that, I wonder how many different alien teams are working on some aspect of our economic crises?  We see all of a sudden that a cat got out of the bag that corporations that were getting bail out money were giving bonuses to some of their queens as if that was something that no one knew about. That of course is a lie. The queens that put this alien economic policy together knew about it. The queens just did not think it would be found out, or maybe they really knew it would be found out and the whole act is an alien ruse to gain more control.

I have to tell you there is not a semblance of constitutional government left in Washington DC. Everything that they are doing is unconstitutional. We do not even know if the alien President is qualified to be President under the Constitution. There is also no question that Queen Clinton is not allowed to be in her position under constitutional law.

The federal powers and huge government control over our lives and over the sovereignty of states is also alien it is not allowed by our constitution. When government can spend many trillions of dollars it does not have and just pass the debt on to the future citizens I can assure you that this is an alien form of government to the founders of our nation. When almost unlimited money from special interests keep corrupt people in positions of power until they die I can assure you that this is an alien government to the founders of our nation.

In spite of the spin about all their creation of money to fix the economy read what Adam Smith thinks this alien irresponsible economic policy will take America. Here are a couple of quotes from this article:

Make no mistake about it, Obama, Bernanke and Geithner are doing exactly what they said they were going to do: print and spend their way back to prosperity. Their delusional minds actually believe that can be achieved by spending money we do not have with little to no prospect of ever being able to pay it back. For Obama to suggest he can balance a budget, no less reduce the national debt, with his corrupt math is ridiculous.

If some of the predictions are accurate, we may see a doubling of the national debt in the next decade if some fiscal sanity does not return to Washington and stop this very flawed and politically expedient process that the Keynesians and socialists are pursuing

It will fail, and I would argue it already has. That is why in prior writings I have pleaded with the government to stop any more wasteful deployment of taxpayer dollars. It is making things worse, not better.

If it really wanted to address the real problem, it would reduce the size of government, stop wasteful government spending and put more of America’s money back in the hands of Americans. It would encourage savings, not consumption. It would lead by example in not spending money we do not have.

But obviously to do so would demand an immediate termination of the welfare state birthed under FDR and fulfilled under Nancy Pelosi and Obama. To have 300 million Americans all dependent upon government is not freedom. It is slavery. Abraham Lincoln helped end slavery, and now Obama wants it back – this time for all Americans. He’s an equal opportunity master of our time. A good crisis is a terrible thing to waste, according to Rahm Emmanuel. That is especially true if you can expand the welfare state in the process.

These recent events demand immediate decisions by “We the People.” If our government is going to pursue the “run the printing presses till they burn out” approach, we must take immediate steps to protect our financial future. The government stopped listening to the American people long ago. Therefore those steps include reducing personal debt and purchasing gold, other commodities and companies that produce commodities. Writing letters and making phone calls to the deaf and dumb is a waste of time.

Inflation is coming. Bernanke, short of taking a full-page ad in the Wall Street Journal, told you so. And while you may not see it just yet in the CPI, it will be there. It may well become hyper-inflation. I am convinced our leaders are such pansies that they will not make the tough decisions or demand sacrifice from the nation. Why? They are not willing to sacrifice themselves. They have become spoiled beyond belief, totally out of touch with reality and merely want to hold on to their power. The principles that will get us back the nation we are rapidly losing be damned in the eyes of this leadership. It is all politics now.

Here is another article by Pat Buchanan that puts our money creation addition in perspective

So anyone who thinks we can spend trillions of dollars that we do not have, or worse yet just print the money out of thin air without severe consequences must be aliens. These people do not live in the real world they are space cadets who live in a virtual world of questionable theories. It is the same alien mindset found in the mortgage traders that started the economic collapse. These aliens to economics-101 thought they could not lose because their virtual models told them so. So do you really expect that these  aliens to the Constitution and to the Bible can fix the economy by being even more irresponsible?  This is equal to expecting alien Al Gore to save the economy and the planet by doubling the price of all energy on earth. These people are alien to the American way but they are running or should I say destroying the United States. If you really want to know the full story on that this link will tell you about the real socialist agenda to destroy our system.

At the same time the alien teams and queens are bankrupting the nation they are insuring our destruction will happen by our polices that betray Israel. Hal Lindsey will tell you about that. Here is a quote from Lindsey’s article:

And Israel Today is reporting that the Obama administration is not just cool to Israel. It alleges that President Obama “is about to break America’s long ties of friendship with Israel, and maybe even take steps toward the dissolution of the Jewish state.”

If true, America is in even more serious trouble than even the most pessimistic assessment can reflect. If America betrays Israel, then America is rejecting the Word of Israel’s God.

The Bible warns, “It is a fearful thing to fall into the hands of the living God.” (Hebrews 10:31) Fearful? That is an understatement of Biblical proportions.

I used to quote a wise saying: “History teaches us that man learns nothing from history.” That doesn’t really apply today. This generation doesn’t even know history – and the liberal media reports the news is counting on that.

Here is a follow-up interview with James Simpson on the Left agenda that is purposely running down America  in order to establish socialism and complete government control. This will give you a good idea why I have been saying that there will be states seceding from the Union as soon as 2013. They at first appease the middle-class and then they destroy it on purpose with new taxes and government giveaways. Marxism has reinvented its image but it does not change its spots.

I personally do not put much stock in David Wilkerson’s prophecies. I remember Wilkerson making dire prophecies for the last thirty years that have not come true, at least not yet. Nevertheless, David Wilkerson’s prophecy here is likely to come true but not necessary because God gave him a prophecy. Any astute Christian person can see America is now being judged and with the immoral generation that have taken over our inner cites it certainly will eventually lead to riots, fires, looting and then martial law.

I think telling people to stock 30 days food is better than nothing but it gives them false security. Even Homeland Security says people should have 3 months food on hand. Having at least 6 months of the basics is what I would suggest.

But like David Wilkerson said in his article. Do with this message as you choose (actual message from Wilkerson’s blog).

Famed pastor predicts America is now being judged

Famed pastor predicts imminent catastrophe
Best-selling author, Teen Challenge founder, sees ‘earth-shattering calamity about to happen’

David Wilkerson’s vision is of fires raging through New York City.

“It will engulf the whole megaplex, including areas of New Jersey and Connecticut. Major cities all across America will experience riots and blazing fires – such as we saw in Watts, Los Angeles, years ago,” he explains. “There will be riots and fires in cities worldwide. There will be looting – including Times Square, New York City. What we are experiencing now is not a recession, not even a depression. We are under God’s wrath. In Psalm 11 it is written, “If the foundations are destroyed, what can the righteous do?”

“God is judging the raging sins of America and the nations,” claims Wilkerson. “He is destroying the secular foundations.” Wilkerson urges everyone to stockpile a 30-day supply of food and other necessities to deal with the catastrophe he foresees.

“I do not know when these things will come to pass, but I know it is not far off,” Wilkerson concluded in his message. “I have unburdened my soul to you. Do with the message as you choose.”

Full article

Here is Todd Strandburg’s of Rapture Ready perspective on this recent David Wilkerson’s prophecy.

Fifty years ago futurists were saying that by the year 2000 man would be working 10 to 20 hours a week because of increased productivity and automation.  Here we are in 2009 and we are still working the same forty hour week that people did in the 1950’s.

I have a novel idea which I am sure government will have to propose sooner or later as unemployment plagues the land.  In this great or greatest depression the government should spread the jobs around through a national four day work week.  Obama’s plan to spread the wealth around by robbing the productive will just cause a revolution. It has failed everywhere it has been tried.

Official unemployment numbers will almost certainly reach 10 percent this year and it would be 20 percent if the government actually still counted all the unemployed and it would be much higher yet if they counted the underemployed. Obama and the legislators way of handling this is by throwing money at government funded make work projects, tax rebates, extending unemployment benefits and then passing the costs on to the next generation.

It seems to me that there a much better way to go about this. It is time to initiate a four day 32 hour work week and maybe a 30 hour week for those employers and employees that agree to three ten-hour days.

With democrats running the show, destroying our cheap energy sources, taxing those who create jobs, piling up big government debt there is not going to be any substantial recovery. With the surplus production capacity all over the world we are simply not going to see any significant rebound in jobs in the United States before a world war.  Here is an article that will explain why there will be no recovery soon.

We cannot have twenty percent of our population sitting idol losing their homes and standing in soup lines. There will be riots before long so wouldn’t it just make more sense to go to a four day work week?

The downside is twenty percent less pay but for many about half of that would be taken by the federal state and local governments in taxes anyway. So for about a ten to 15 percent reduction in take home pay you get another day off each week and you do not have to pay the costs associated with going to work for one or two days a week.

What about your benefits? Those who get them will have to pay about a fifth more of the costs but less and less people get benefits and those who still get benefits will increasingly lose them. Some employers have already stopped or will stop contributing to your IRA.  In the near future medical costs will become socialized and probably all of it will be payed through a payroll deduction just like Social Security. As soon as Senator Kennedy dies you can be sure his whole socialized health program will be passed.

If you really need the money a three or four day week would make it much easier for you to find and work a second job. Employers could still pay overtime if they did not want to hire additional help.

Here are some of the upsides of a four day work week in America.

• Full employment
• Much lower burdens on government and taxpayers for benefits for the unemployed
• Wages would not be bid down by the increasingly disparate unempl0yed
• More incentives for employers to automate and increase productivity
• Less sick and vacation days off will be needed, increasing productivity
• More time off to enjoy life
• A boom in the recreation and travel  industries
• More time to do some hobby or charity work

As if the United States does not have enough problems we almost certainly will find ourselves fighting and picking up most of the costs of another war. This one will be very close to home. This war will be against the drug cartels of Mexico or even Mexico itself if the nation becomes controlled by drug lords (supplementary information on this war) – More information on U.S. involvement.

The drug cartels in Mexico already have a military force that rivals the Mexican army. Mexico is now becoming a narco-state and if that happens it will become the greatest threat to U.S. national security. First, we will have a new huge wave of illegals fleeing Mexico. Next, the cartels will align themselves with world terrorists and radical states and while all that is going on drug money and drug gangs will rule our inner cities making it necessary to expand police powers. If you can’t yet see where this will lead I will tell you. It will lead to martial law and a U.S. police state.

With the decline in oil and jobs, Mexico simply will not have the money to fund and man this war against the drug cartels. Therefore, without U.S. intervention Mexico will be taken over by organized crime. Mexican politicians and police will be bought or assassinated and the Mexican government will either capitulate or they will have to seek increasing amounts of military and economic assistance from the United States. So it looks to me like we will soon have a Pakistan or Afghanistan right here on our Southern border.

So guess who created and enable the drug cartels? The immoral people of the United States that buy and use illegal drugs. So next time one of you thinks it is harmless to smoke a joint or snort some drug, you can also thank yourself when your children are drafted into the military and you see increasing U.S. military involvement in Mexico and in the streets of our own nation. This nation is now about to reap the due consequences of her demented drug perversion. By the way, over half of the 2.2 million people already in our prisons and jails are there because of drugs.

The depression we now have entered and the active military conflicts that continue endlessly makes it certain that this nation is now under the judgment of God. So does anyone still think that it does not matter that most of America departed from the morals given by God?

We are on the eve of destruction if the nation does not repent. Before long we will be talking about the civil upheavals and riots.

P.S.  Here is some additional food for thought. Europe will be in civil turmoil with their economic problems and growing Islamic populations, Various nuclear nations in Asia are on the brink of war and civil war. South America is becoming radicalized again. Military action against Iran is imminent. The Islamic Jihad and tribal wars in Africa continue. Terrorist nations surround Israel with 50,000 rockets. But, in all this displayed insanity some will keep thinking that the goodness of man will bring us into the 21st Century New Age, Humanist, Communist or Christian Dominion Theology utopia?

Washington Times – EXCLUSIVE: 100,000 foot soldiers in Mexican cartels

The U.S. Defense Department thinks Mexico’s two most deadly drug cartels together have fielded more than 100,000 foot soldiers – an army that rivals Mexico’s armed forces and threatens to turn the country into a narco-state.

“It’s moving to crisis proportions,” a senior U.S. defense official told The Washington Times. The official, who spoke on the condition that he not be named because of the sensitive nature of his work, said the cartels’ “foot soldiers” are on a par with Mexico’s army of about 130,000.

The disclosure underlines the enormity of the challenge Mexico and the United States face as they struggle to contain what is increasingly looking like a civil war or an insurgency along the U.S.-Mexico border. In the past year, about 7,000 people have died – more than 1,000 in January alone. The conflict has become increasingly brutal, with victims beheaded and bodies dissolved in vats of acid.

Full Article

The article by Dave Daubenmire is full of truth and Christian people need to start paying attention. We have had a coup in America  and socialist communists are now in almost total control.

For decades the apathetic people of the United States allowed the educational system to become dominated by evolutionists, atheists, feminists, perverts and socialists. In other words, all who are in rebellion against the God of the Bible, and those who see the United States as the enemy of their idealist humanist global world order. The one thing that unites the Far Left and Islam is  hate against America

While most in America were sleeping over the decades they became well organized and promoted their own. They now control all our public educational institutions. They also control the major media and are now using national media to brainwash as many people as they can. They even control many seminaries and Bible collages.

The end result of all this is that a very large segment of American people who go to public schools, watch national media, and even pastor our churches are now brainwashed by those who hate God and country. Not to mention that Obama is not only a far left radical himself, Obama appoints the most radicals of leftist radicals that have a record of getting everything wrong to advise him.

The Church has been asleep in the pews for decades while all this was all going on in America. Some of this happened because the church boards elected hirelings out of liberal seminaries and Bible colleges to be elders rather than selecting proven elders from their local congregations to lead their church. The sheep in many congregations are now biblically illiterate and confused and the battle for America established on a Constitution highly influenced by the Bible and God’s moral law was lost.

Today a few are waking up because the nation is in shambles and heading down the same failed path toward big government socialist communism that has failed in every nation where it was ever tried and  produced tyrannical governments.

The path the Obamamites have chosen for Americans will insure that the half of the nation that pays taxes will now be robbed of their wealth to pay for the other half who do not pay taxes but instead are government dependents. Once the dependents become the majority of voters they can rob the productive majority at will. If that is not enough to give them all their desires they just spend more money then we have and pass the bills off to the next generation. This path can only lead to the destruction of the nation.

The productive minority soon will get tired of paying higher taxes and handing what they earn to government dependents so they will just stop producing. The nation will then goes into a death spiral of more borrowing and lower and lower living standards. We have now reached that point. If we continue to go down the path the Demoncrats chose for us we will lose our prosperity and freedom and will become a slave nation. We will then have to grovel at the feet of any nation that will give us loans. Nations like China and Oil Rich States will become our task masters, or if they wish they will have the means to destroy this nation with hyperinflation.

Sane people in this nation have less than two years to get their act together and start a Christian/conservative counterrevolution to replace this radial left wing socialist government or the damage will be irreversible. If there is no Christian/conservative counterrevolution in the United States in the next few years, this nation is toast. America will then have the living standards of Mexico.

One way to help start this counterrevolution to to stop being so politically correct with using words. We need to use words that really mean what they mean and not what liberals twist them to mean. We often use words and phrases that were created by radicals to deceive. Dave Daubenmire gives some fine examples of that in his article.

We need to speak the truth and open the eyes of the blinded and be the salt and the light to the brainwashed of this nation. Christian/Conservatives are America’s only hope.

Dave Daubenmire — Change the Words, Change the World

A coup has taken place in America. Our nation is no longer controlled by “the people.” Our domestic enemies are now officially in power. We are no longer free, we just think we are — and it has happened on our watch.

We are a sin-laden nation because we have codified evil into the law. Content to focus on the “saving of souls” we have neglected Jesus’ admonition to occupy until He comes. As evil flourished, the Church retreated. We have failed to recognize that the battle in the heavenlies was for control of the earth. Jesus prayed that His Kingdom would come ON EARTH. We have yielded the earth and submitted to evil.

They called it multi-culturalism and it was promoted in our schools, but the formal name is Cultural Marxism. It gave birth to “political correctness” where thoughts became crimes. But it did not happen by accident. The only thing standing between Communism and world dominance was Western Civilization and its underpinnings of the Christian value system. The only way Communism could advance would be if Christianity could be rendered powerless; or, as Jesus said, if the salt was to lose his savor.

They seized our public schools and infiltrated the universities. They captured the media, Hollywood, music, art, literature, science, history, civic organizations, and the seminaries. They changed the world by changing they way we thought about words; tolerance, social justice, economic justice, peace, reproductive rights, sex education and safe sex, safe schools, inclusion, diversity, and sensitivity were their linguistic weapons. (Is it just me or are those words permeating all of society today?) Do you think this happened by accident?

They would use our children to impeach God. Applying Critical Theory they would attack all things Christian. The Boy Scouts were bigots, the Ten Commandments were judgmental, Christmas was exclusive, and traditional marriage was discriminatory. They brainwashed us to think that real Christians were inclusive and tolerant, that truth was relative, that all cultures were the same and that homosexuality was not a sin.

They didn’t have to kill Jesus, only His influence. To be considered a good citizen in this new America, one only had to be tolerant of everything and believe in nothing.

“Democracy is the road to socialism.” said Karl Marx. “Democracy is indispensable to socialism,” said his buddy Vladimir Lenin. “Give us the child for eight years and it will be a Bolshevik forever. Give me four years to teach the children and the seed I have sown will never be uprooted. A lie told often enough becomes the truth,” Lenin went on to say.

Elected officials call America a democracy. Our school books teach the same. Yet we are not a democracy. We are a Constitutional Republic, a nation of limited government chained down by a Constitution. Kill the Constitution and the Marxists can create or ignore the law. Change the words, change the world.

But the battle is far from over. Each one of us is going to have to make a decision on just how valuable we think liberty is. Are you willing to sit silently as the chains of slavery are forged for your children? Ben Franklin warned us, “Anyone who trades liberty for security deserves neither liberty nor security.” We should heed his words.

Washington DC is rapidly becoming the enemy. It is the terrorists with Ivy League degrees that should scare us. The ideological wars are really a religious war. Intellectual terrorism has reaped more havoc on this land than Al Qaeda ever will.

Let’s take back our language. Stop allowing the cultural Marxists to create new labels. We must call things what they are.
• “Progressives” and “liberals” are Marxists.
• “Conservativism” is counterfeit salt.
• “Pro-choice” means pro-baby murder.
• A “fetus” is an unborn child.
• “Tolerance” means acceptance of sin.
• “Gays” are sodomites.
• “Affirmative Action” is white male discrimination.
• An “undocumented worker” is an illegal alien.
• The “mainstream media” are Marxists.
• The “religious left” are humanistic socialists.
• “Social justice” means advancement of homosexuality.
• “Reproductive rights” is a buzz word for abortion.
• “Sex education” is destruction of natural childhood modesty.
• “Economic justice” is welfare.
• “Government investment” means taxation.
• “Sensitivity” means keep your mouth shut.
• “Diversity” validates deviant ways to engage in sex.
• A “Republican” is a socialist and a “Democrat” is a communist.
• An “expert” is an academician with no practical experience.
• “Public education” is atheistic, humanistic indoctrination.
• “Separation of church and state” legalizes Christian discrimination.
• Supreme Court “decisions” are opinions and are not laws.
• “Christianity” is not a religion; it is a kingdom.
• “Change” means Communism.

Full article

P.S.
Here is another article from Dave that sheds much more truth and light

These are a few of the things the liberals and democrats have brought up just in just the last few days to “IMPROVE” our country.

Obama promises immigration reform (The American people made it clear that they were against amnesty. Who will pay for it? The liberals want it because a larger Latino population will get them more votes.

Obama signs Presidential Determination allowing Palestinians loyal to Hamas to resettle in the United States (Hamas is a terrorist organization so we are now going to resettle terrorists here)

Senator Boxer to ramrod The U.N. Convention on the Rights of the Child (UNCRC), which opponents say could destroy American sovereignty by imposing international rulings on American law, could reach the Senate within 60 days. (This Rights of the Child is anti-parent,  anti-Christian and anti-American. If you want to know what that means to you as a parent read this)

Senate Majority Leader Harry Reid says he wants to take up a bill to tackle global warming by the end of the summer. (Which means that he wants real or hidden carbon taxes on just about everything. Anyone with a brain that is not already brainwashed knows that man is not causing global warming. The cost will be enormous, as if we do not already have enough economic troubles.)

Of course you already know about the nearly trillion dollar non stimulus stuffed pig that they just rushed through congress. I do not think most of you know that our government will soon be obligated for about five trillion dollars that we do not have and that we will not be able to borrow.  It will turn out that the government this year will spend two to three times what they take in from all sources of taxes and that does not even include another few trillion in unfunded liabilities.

If people investing in this nation and in business think that the government really knows what it is doing to revive our economy then why is the stock market still tanking? The stock market has now fell fifty percent. Just wait until you see what that does to your retirement account.  More shoes will certainly drop. Expect nationalization of almost everything. That is the socialist way.

So what do we do about a government that is totally out of control and is anti-American? What do we do with a government that is really serving the interests of global elitists who wish to manage everyone and everything in the world? These “representatives” that are supposed to represent us in Washington are not serving the people of the United States, at least they are not serving the tax paying people of the United States.  What do we do with a government where people in power are put there by the money and influence of elite power brokers?

It will be a little late to do anything in America once the Liberals have passed all the laws they intend to pass and muzzle Americans and enslave them to big government. Soon they will effectively rule over all major corporations and even our local governments. Do not doupt that they will even nationalize all police forces to enforce their socalist tyrany if necessary. Lets face it, stupid American’s have put their future in the hands of liberal elitists who now intend to destroy the Amerian way of life. However, most American’s remain clueless.

Here are two perspectives on the economy from two astute people, one is world trend forecaster Gerald Celente and the other is Doug Casey. Both say that we already are in a depression.

The government lies about unemployment today so many people do not see the real picture. The government says the rate of unemployment is 7.6 percent as of January and they say that this figure does not compare to the Great Depression of the 1930’s when unemployment was 20 to 30 percent. However, in reality the unemployment today is really over 15 percent if government counted all the unemployed as they did in the 1930’s. Our government today does not count those who gave up looking for work or those who are working part time because they could not find full time work. In any case, we are just starting into this depression so unemployment will go much higher. Why do they compare the employment rate at the start of this depression with the height of the depression of the 1930’s? It is nothing more than deception.

The economy is not going to be fixed by government. Government intervention will only prolong the pain and deepen the depression or bring about a worse hyper-inflationary depression. There will be no end soon to the losses incurred by the banks and the taxpayer bailouts. The banks are being forced by government to lose money on their mortgage loans so how can they then become profitable?

With unemployment rising you will see no end to new people walking away from their mortgages or just staying in their houses and not making mortgage payments because they know when they default they will be eligible for government mortgage assistance programs.

Did you know that 60 percent of mortgages that were restructured in 2008 so that people could afford the payment and stay in their homes are already in default again?

Next, the banks and loan companies are going to get clobbered on commercial real estate. When that shoe drops the crises will be as bad as the housing crises or maybe worse. Another shoe to drop will be the credit card companies, many people will not be able to pay their credit card debts. This will add many more billions to the bad debts that taxpayers will have to pick up. Government also has only just begun the bail out of insurance companies and large corporations, as the corporations lose more money these bailouts will continue.

Another crises is coming is in pension funds, another bail out will be needed for state and local governments. As we go through this depression many more hundreds of billions will have to be allotted for more unemployment benefits. There will soon be a crises in the bond market when interest rates start to rise. Not to even mention the huge shortfalls all this unemployment will bring on the government revenue side. Tax revenues will fall, social security and medicare surpluses will dry up years before the current projections. So those who think the last simultaneous package will be the end of government bailouts need to read these articles and become acquainted with reality.

Even after we get through the home and commercial real estate crises, bank failures, bank bailouts, pension fund shortfalls, corporation bailouts, insurance bailouts etc, we will still have the 5 to 10 trillion dollar additional national deficit price tag. The only way we can realistically pay even the interest on that amount of new debt is to create money out of thin air causing hyperinflation and a worse crises to follow in the future.

I do not necessary agree with every point that both of these gentlemen made but their views on the economy are sound and they are telling you what you are not being told by government.

So why do I call it a liberal depression? Because it was brought about by the liberal big government socialist polices that we have had for many decades. Both Republicans and Democrats are to blame for the monster government they created and both Republicans and Democrats are to blame for the greed that their polices fostered in the markets and in real estate. Both are to blame for trade treaties and legislation that insured that our nation would be left with mostly service jobs. They also are both to blame for working for special interest groups rather than working for the people. Both are to blame for our government spending beyond its means.

However, having said that, when the majority of one party is always on the wrong side of every economic and socialism issue and the majority of the other party is on the right side of every economic and socialism issue it becomes obvious which party is mostly responsible for bringing us this liberal depression. Now this party is almost in total control and along with the help of a few liberals who call themselves Republicans they insure that this economic folly will not be stopped. What they are doing will lead to the disaster that trend forecasters like Gerald Celente say is coming to the United States.

Even if they are wrong and we somehow get through this near term crises we are still doomed because of our future $65 trillion debt obligation that is now growing by around $5 trillion each year.

RT: Interview with Gerald Celente on 2009-02-11 04:40

Gerald Celente

In 2009 we’re going to see the worst economic collapse ever, the ‘Greatest Depression’, says Gerald Celente, U.S. trend forecaster. He believes it’s going to be very violent in the U.S., including there being a tax revolt.

RT: The fragile U.S. economy has been met with bank bailouts and stimulus plans. So what’s to come in 2009? Joining me now to answer that question is Gerald Celente, founder and director of the Trends Research Institute. Thank you for joining me.

Gerald Celente: My pleasure.

RT: How would you define the economic trend that you have forecasted for 2009?

G.C.: We’re going to see the economic collapse the likes of which the world has never seen before. It’s not only in the United States; it’s going global. At the end of 2008 we saw Christmas retail sales: women’s apparel down 23%; home furnishings and electronics off 27%; luxury items down 35%. These are Depression Era collapses. We saw major bankruptcies, such as retailers Circuit City and Linens and Things. One bankruptcy after another. Then we saw store closings. Starbucks, Home D&D Power and down the line.

The question becomes who is going to take all of the vacant retail space? Who is going to rent it? The answer is – nobody. Now we look at the financial collapse in 2008, we saw the Merrill Lynch mob go under the bed and the Lehman boys went bankrupt. You saw bond companies, brokerage firms, and banks go belly up. Who is going to rent all the vacant commercial business space that they used to occupy? The answer is – nobody. The commercial real estate collapse that’s going to happen in 2009 is going to dwarf the residential real estate collapse.

RT: You use the Great Depression as an analogy, as a comparison. During the Great Depression unemployment was 25%. Now it has increased, it’s I think over 7.2. Is that number going to get much, much bigger?

G.C.: We have to look at the real number. There are two sets of books that the government keeps. When they measure up unemployment they don’t add in the people who are no longer looking for jobs because they have become discouraged since they cannot find employment after looking so long. And they don’t include part-time workers. When you put that number into it, the number is 13.7%. And that’s a government number. And this is just beginning. And again, current events form future trends.

G.C.: I’m not exaggerating, the facts are there. I have a saying: when people lose everything and they have nothing to lose, they lose it. You’re going to see people saying, off with their heads. There’s going to be another revolution in this country.

RT: When will this revolution that you have forecasted in your Trends journal happen and what will ignite it?

G.C.: It’s going to be a tax revolt. We’re going to start seeing a tax revolt in the United States. People are one job away from losing everything. We’re seeing more and more closures, people are being laid off. People are stretched to the limits. And what do they do in New York State? Some130 new taxes are being proposed, they’re raising sales taxes. There’s going to be a tax revolt in this country from property taxes first and school taxes second. That’s what we’re going to see start to happen.

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“Doug Casey on 2009″ by Doug Casey. FSO Editorial 02/11/2009

Doug Casey on 2009:
Another Year of Shock and Awe
Casey Research | February 11, 2009

In their annual forecast edition, the editors of BIG GOLD asked Casey Research Chairman and contrarian investor Doug Casey to provide his predictions and thoughts on issues everyone’s thinking about these days. Read what he has to say on the economy, deficits, inflation, and gold…

My reaction is that the people in the government are totally out of control. A poker player would say the government is “on tilt,” placing wild, desperate bets in the hope of getting rescued by good luck.

The things they’re doing are not only unproductive, they’re the exact opposite of what should be done. The country got into this mess by living beyond its means for more than a generation. That’s the message from the debt that’s burdening so many individuals; debt is proof that you’re living above your means. The solution is for people to significantly reduce their standard of living for a while and start building capital. That’s what saving is about, producing more than you consume. The government creating funny money – money out of nothing – doesn’t fix anything. All it does is prolong the problem and make it worse by destroying the currency.

Over several generations, huge distortions and misallocations of capital have been cranked into the economy, inviting levels of consumption that are unsustainable. In fact, Americans refer to themselves as consumers. That’s degrading and ridiculous. You should be first and foremost a producer, and a consumer only as a consequence.

In any event, the government is going to destroy the currency, which will be a mega-disaster. And they’re making the depression worse by holding interest rates at artificially low levels, which discourages savings – the exact opposite of what’s needed. They’re trying to prop up a bankrupt system. And, at this point, it’s not just economically bankrupt, but morally and intellectually bankrupt. What they should be doing is recognize that they’re bankrupt and then start rebuilding. But they’re not, so it’s going to be a disaster.

My patented answer, when asked what it will be like, is that this is going to be so bad, it will be worse than even I think it’s going to be. I think all the surprises are going to be on the downside; don’t expect friendly aliens to land on the roof of the White House and present the government with a magic solution. We’re still very early in this thing. It’s not going to just blow away like other post-war recessions. One reason that it’s going to get worse is that the biggest shoe has yet to drop… interest rates are now at all-time lows, and the bond market is much, much bigger than the stock market. What’s inevitable is much higher interest rates. And when they go up, that will be the final nail in the coffins of the stock and real estate markets, and it will wipe out a huge amount of capital in the bond market. And higher interest rates will bring on more bankruptcies.

The bankruptcies will be painful, but a good thing, incidentally. We can’t hope to see the bottom until interest rates go high enough to encourage people to save. The way you become wealthy is by producing more than you consume, not consuming more than you produce.

It’s very hard to predict the timing on these things. The financial markets and the economy itself are going up and down like an elevator with a lunatic at the controls. My feeling is that the fate of the dollar is sealed. People forget that there are 6 or 8 trillion dollars – who knows how many – outside of the United States, and they’re hot potatoes. Foreigners are going to recognize that the dollar is an unbacked smiley-face token of a bankrupt government. My advice is to get out of dollars. In fact, take advantage of the ultra-low interest rates; borrow as many dollars as you can long-term and at a fixed rate and put the money into something tangible, because the dollar is going to reach its intrinsic value

This isn’t a recession, it’s a depression. A depression is a period when most people’s standard of living falls significantly. It can also be defined as a time when distortions and misallocations of capital are liquidated, as well as a time when the business cycle climaxes. We don’t have time here, unfortunately, to explore all that in detail. But this is the real thing. And it’s going to drag on much longer than most people think. It will be called the Greater Depression, and it’s likely the most serious thing to happen to the country since its founding. And not just from an economic point of view, but political, sociological, and military.

For a number of reasons, wars usually occur in tough economic times. Governments always like to find foreigners to blame for their problems, and that includes other countries blaming the U.S. In the end, I wouldn’t be surprised to see violence, tax revolt, or even parts of the country trying to secede. I don’t think I can adequately emphasize how serious this thing is likely to get. Nothing is certain, but it seems to me the odds are very, very high for an absolutely world-class disaster.

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The coming economic crash caused by world debt

2009 update- I actually wrote this article in 2000 and updated some debt figures and inserted a few comments along the way but it is now 2009 and what I said about what would be coming is now taking place as I speak. Since this articles is read by thousands each month I think I owe my readers a update on the crises. The original article follows this update.

We are now at the point where we will either go into a full fledged depression or where government bailouts will cause hyperinflation. Which one happens is hard to say it may be out of our control and it makes little difference anyway. Either path will bring the worst economic depression in living standards in modern times.

There is no answer to the problem because many people and nations have been living beyond their means for many decades amassing debt. So now the chickens have come home to roust. Our credit line is now maxed out. As a nation we cannot keep living like we have twice the income that we really have. Trying to throw more money at the problem like our government is doing now will just make matter worse in the long run because this nation cannot afford to take on more debt.

Passing the costs of this downturn to the future is simply not going to work. First, there is no future generation that can pay this huge rapidly increasing debt. Second, nobody is going to be stupid enough to finance our debt at low interest rates. The more risk of default or currency devaluation the more we are going to be charged in interest to finance our debt. We may be able to pay $15 trillion dollars of interest at 3 percent with a little pain but at 6 percent it is a major problem. Taxes would have to be raised causing a further downturn. If interest rates go higher than that which is extremely likely, we would either have to default on our debt or just create money and then find ourselves in a situation like what is happening in Zimbabwe.

We soon will all have a lower standard of living because spending beyond our means is not sustainable forever. Worse than that we have amassed and are increasingly amassing huge debts that we can never pay off or even finance. That means the Fed will just create more and more dollars to pay our debts. Nobody has ever done that with causing hyperinflation. It is basic economics. You cannot put more and more dollars out there and expect prices to stay the same. Those holding the surplus dollars will soon bid up the prices of goods and services paid in dollars causing hyperinflation.

Trying to stop the inflation would bring further downturn and default on our debts. When that happens major nations would no longer take U.S. dollars and imports of products would stop. What do you think that would do to your standard of living when you go to Wal-Mart and the shelves are nearly empty and what they do have costs three times as much? Or you go to the gas station and gas is $50 a gallon, if you can even get it at all?

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The conditions for huge trade imbalances with China really began under the Clinton administration. The problems needed to be dealt with early on but now that China holds much of our debt and is having its own economic crises and its leadership is threatened is not the time to corner this tiger. The response will be predictable. Did anyone in this administration learn anything about the causes of the last great depression? If nations try to solve this current crises through a retreat into protectionism we are heading for a huge world wide depression and wars. This is a prime example of why in a time of crises you do not put into power a man who has not shown any experience or any wisdom in his life.

We now see that the “yes we can” man picks for Treasury chief a tax cheat and he picks for Secretary of State an inexperience woman to head a bureaucratic staff that caused this trade imbalance problem to begin with. Now these global free trade “experts” think they will solve our economic crises by making the leaders of China who hold our dept lose face. What a joke!

Just two weeks into the new Presidency of Obama. He already broke his word about a moral administration when he picked two tax cheats for his Cabinet. His bipartisan promise has already failed with his stimulus plan and the attitude of vindictiveness and tyrannical control shown by the democrats running the House.

Obama is now kissing up to tyrants and terrorists that he should already have known would take it as a sign of weakness. By their recent rhetoric toward him that has proved to be true. His wrong headed direction in his dealing with Israel will only cause Israel to strike out on their own and further alienate them from the world. His policies on trials for terrorists like they were U.S. citizens will just embolden them. His polices in Afghanistan and Pakistan will turn into a much wider war. Now instead of “Bush’s war” the democrats will be bogged down in “Obama’s war” or even a world war. What goes around comes around.

Mexico is going to be a drug state on our border and Obama better address that problem with some wisdom (what wisdom?) His honeymoon with Castro and Chavez already seems to be falling apart. North Korea is on the brink of war with South Korea. What wisdom can he or Hillary bring to solve problems through agreements with a madman that Hillary’s husband started?

On the Military front Obama intends to cut funding ten percent so they can see defeat and also intends to allow homosexuals to flaunt their perversion to the pride of America so they can also destroy their moral and the all volunteer force.

On the home front through the FTC and local control boards he will try to stop talk radio and stop opposing voices. He will waste huge sums of money on programs to stimulate an economy by amassing huge debt that no one will finance. His energy and global warming polices will make energy unaffordable for most Americans and waste hundreds of billions of dollars. He will bring big socialist government and regulations controlling everyone and everything. Through taxation and regulation he will transfer wealth from the productive to the unproductive in our own nation. He will destroy any literal reading of our Constitution for a living constitution and appoint judges that will bend the nation to conform to their own liberal views. He will sign hate speech laws that will muzzle free expression and also muzzle Christianity.

He will fund killing babies with taxpayer money not just in the U.S. but in the world. He will transfer wealth from our nation to others nations of the world by signing UN global governance programs.

I could go on and on because the absurdness of Obama’s folly will have no end. Then when he destroys the nation and puts many in this nation in a position of rebellion and civil war the world power brokers will probably destroy Obama by releasing secret information that they have been covering up and he will become their sacrificial lamb. When the world media turns against him after he carries out most of their globalist agenda he may be driven out of office and the globalist controlled press will continue to pretend that they were always on the side of the American people. Star Parker understands what I am saying she wrote this article today Gov’t takes over, Obama apologizes

US-China currency war eclipses Davos, and threatens the world :: Ambrose Evans-Pritchard

Turning a corner in the labyrinthine corridors of the Davos nerve-centre, I ran smack into Chinese premier Wen Jiabao – followed by a regiment of retainers and senior offices in full regalia.

Mr Jiabao smiled at me benignly, but he is not in a good mood. Indeed, he is fuming over the remarks by US Treasury Secretary Tim Geithner that China was “manipulating” its currency to gain market share. Reports were circulating this afternoon in Davos that Mr Jiabao erupted into a tirade after lunch at the mere mention of Mr Geithner’s name.

Mr Geithner – the first US Treasury chief who can actually speak Chinese, and Japanese, nota bene – is clearly operating under instructions from President Barack Obama. If his resolve fails, Hillary Clinton is there at Foggy Bottom (State Department) to renew the broadside against Beijing – at least judging by her Sinophobe reflexes in the campaign.

This has the makings of an almighty superpower bust-up. It is fast becoming the theme of Davos 2009. It may soon be the burning issue of our times. We will all learn how to pronounce Renminbi.

Mr Geithner is playing with fire. Beijing has amassed reserves of $1.9 trillion. From what we know, most of this money is held in the form of US Treasuries and other bonds. Creditors exercise power. Don’t be fooled by claims that China could not deploy this weapon without damaging its own interests. All kinds of things can and do happen when tempers flare, and they were flaring today.

The IMF’s chief economist Olivier Blanchard said it was unwise to “obsess” over the exchange rate in this fragile climate. “It is probably not the right time to focus on the Chinese exchange rate, given that it is not a central element of the world crisis. There are many other things we should be thinking about. It is an item on the list, but it is not at the top of the list.”

Stephen Roach, head of Morgan Stanley Asia, offered a harsher verdict, calling it pure folly to pick a fight with Beijing. “The Chinese economy most likely contracted in final quarter of 2008 and most likely in this quarter too. China has hit a wall,” he said.

“A country that is contracting doesn’t take kindly to its major trading partners saying you have to increase the value of its currency. What they are being told to do is tantamount to economic suicide,” he said.

Mr Jiabao said it was “imperative that China and the US step up their co-operation”. He pleaded with the West not to retreat into protectionism. Washington – and above all Capitol Hill — would be well advised to listen.

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