Category Archives: Wall Street

Chaos: The Harbinger Of Order

WHEN THE BANKS STOP LENDING and the dollar drops dead, the leonine principles of chaos will pounce upon us, claws poised, teeth bared. But as horrible as that bit of declarative sounds to the victims of chaos, there may still be a ray of sunshine for America and in turn, hope for humanity, and that hope is presented here in an adaptation of a wonderful comment by a reader at American Thinker in response to an article on The Coming Chaos.

John Griffing has stated the obvious and drawn a single conclusion among many possibilities—avoid default of the American debt crisis at all costs. Financial chaos because it cuts to the root of our sense of well-being can be and in most situations is really frightening. People suffer and die when money values go hiking off in many different directions at the same time. But one of the most unnerving problems with modern America is that no one has suffered recently and we are not sure that we can tolerate feelings like hunger and uncontrolled weather in our living rooms. Whole families would have to take to the roads with backpacks as winter approached like migrating birds.

Yet, I am not pessimistic. While Mr. Griffing is correct about bad things happening to good people, I am just as certain that "this too will pass." Why?

spend, spend, spend

Chicago Tribune, 1934. Sound familiar? Took a war to change things, then, too.

Because economic equilibrium will reassert itself. Chaos is too chaotic to last. Organization is an occasional, but natural state of affairs. We know this from the movies of the end of the world. Each time the world reaches a precipice, it draws back in horror. These movies will be our models. We may have to mimic the Amish or become members of a kibbutz, but with great buffalo meat in our bellies and mighty thunder in our throats we will survive as a people. Extra-privileged classes will have to disperse or reorganize to use less energy—like universities and governments, Hollywood and the NFL.

But physicist Stephen Hawking from the strength of his wheelchair has assured us that knowledge is never destroyed, but merely displaced. In the end we will be fine and the world will be at peace again. Bingo! Now I can go back to sleep and have a sweet dream untainted by reality! Tomorrow I will plant my winter collards and broccoli. If global warming doesn't get me first.

Adapted from a comment by J Levy

On Being Prepared: Hunting, Gathering, Survival Food Sources

Watch This Video

Neil_Young
Neil Young
THE FOLLOWING SOURCES are all places where those who wish to prepare for any of a number of possible future calamities can purchase food for long-term storage, including freeze-dried meals, bulk grains, water filters, and other supplies to help my family survive a total economic collapse.

Nitro-Pak is one of the country's top freeze-dried food manufacturers, and it's where we bought our first package of entrees in #10 cans.

The Ready Store stocks a huge selection of foods and food prep items for the long-term food storage pantry. Sign up for their email list to receive emails about weekly sales and special deals.

PrepareCo specializes in water filtration and storage items in addition to grab & go food buckets and bulk grains, from wheat to beans and rice.

Amazon Bulk Foods is a surprisingly good source for packaged foods, from granola bars and cereal to canned goods, to include in your survival food cache.

Food Insurance is an excellent source for large multi-person food packages as well as two-week emergency preparedness kits that come in a convenient, sturdy backpack.

Fearing the worst, or at least, respecting the possibility of something harsh settling your way? What do you need to know? What do you need to do? Need a plan? Read precious and important information about these and other relevant concerns over at the SHTFplan.

Rock legend Neil Young is on record as saying:

‘No one song can change the world. But that doesn’t mean it’s time to stop singing. Somewhere on Earth a scientist is alone working. No one knows what he or she is thinking. The secret is just within reach. If I knew that answer I would be singing the song. This is the age of innovation. Hope matters. But not hope alone. In the age of innovation, the people’s fuel must be found. That is the biggest challenge. Who is up to the challenge? Who is searching today? All day. All night. Every hour that goes by. I know I am.’

Now, that's the spirit!

Forgive Us Our Debts

Ostrich
The Ostrich Revolution
FATHOM A FEW FACTS about our flipping national debt. LBJ's Great Society and a few other distractions—like the Vietnam war—stormed into 1969 and the Nixon era with buckets of deficit spending. Since then, the national debt has grown dramatically each decade, as shown below:

• In the 1970’s, the national debt more than doubled, from $366 billion to $829 billion.
• In the 1980’s, the national debt more than tripled, from $829 billion to $2.9 trillion.
• In the 1990’s, the national debt almost doubled again, from $2.9 trillion to $5.6 trillion.
• In the 2000’s, the national debt is projected to more than double again, from $5.6 trillion to $12.9 trillion (projected national debt at the end of fiscal year 2009).

Just for giggles and lollipops, let's analyze who was in charge of the Spending and Budget Authority—The House of Representatives:

In the 1970's the Democrats held the House all 10 years.
In the 1980's the Democrats held the House all 10 years.
In the 1990's the Democrats held the House for 4 and The Republicans for 6 years.
In the 2000's the Democrats held the House for 10 years.

The only time we ever balanced the budget was when the Republicans held the house in the 1990's during the Gingrich Revolution.

The anti-Constitutional Progressives give the credit to Bill Clinton—who was forced to accept the budgets from the Republican-dominated House. In addition—Clinton only got to a balanced budget by gutting the military and called it the "Peace Dividend" that rather quickly led to a tragic series of missteps that opened the door for 911.

Anyone who blames people who want to balance the budget and make excuses for fools who want to spend money we don't have and then raise taxes—is historically ILL-INFORMED and most often always DEMOCRAT to the core.

However, over time even the Republicans began to pitched gobs of cash wherever they could, just to make a good impression on the debtor nation the Democrats were grooming. Gotta keep them national defense and compassionate conservative votes coming, ya know.

National Debt Made Simple

Budget In Toilet
US Budget is in the Toilet...
THE US CONGRESS SETS a federal budget every year (Before Obama*) in the trillions of dollars. Few people know how much money that is so we created a breakdown of federal spending in simple terms. Let’s put the 2011 federal budget into perspective:

* US income: $2,170,000,000,000
* Federal budget: $3,820,000,000,000
* New debt: $1,650,000,000,000
* National debt: $14,271,000,000,000
* Recent budget cut: $38,500,000,000 (about 1 percent of the budget)

It helps to think about these numbers in terms that we can relate to, so let’s remove eight zeros from these numbers and pretend this is the household budget for the fictitious Jones family:

* Total annual income for the Jones family: $21,700
* Amount of money the Jones family spent: $38,200
* Amount of new debt added to the credit card: $16,500
* Outstanding balance on the credit card: $142,710
* Amount cut from the budget: $385

So in effect last month Congress, or in this example the Jones family, sat down at the kitchen table and agreed to cut $385 from its annual budget. What family would cut $385 of spending in order to solve $16,500 in deficit spending? It's a start, although hardly an easy solution.

Now after years of this, the Jones family has $142,710 of debt on its credit card (which is the equivalent of the national debt). One would think the Jones family would recognize and address this situation, but it does not. Neither does Congress.

The root of the debt problem is that the voters typically do not send people to Congress to save money. They are sent there to bring home the bacon to their own home state. To effect budget change, we need to change the job description and give Congress new marching orders.

It will be brutally hard, but not impossible, to reverse course and to insist the government stop borrowing money from our children and spending it now. In effect, what we have is a reverse mortgage on the country. The problem is that the voters have become addicted to the money. Moreover, the American voters are still in the denial stage, and do not want to face the possibility of going into rehab…

—Marco Nolo

* Neither Congress nor POTUS have offered up a budget these past two fiscal years, contrary to constitutional and traditional mores.

As We Awaken The Sleeping Giant

Vallely
Major General Paul E. Vallely, Ret.
MANY OF US WHO WERE ALIVE during World War II and slightly thereafter may remember the famous quote regarding America being the “sleeping giant.”

“Be fearful of waking her!” Do not wake a sleeping giant. This is an idiom which means: Do not disturb/annoy/provoke someone powerful who was not disturbing you in the first place. Japan woke a sleeping giant when they invaded Pearl Harbor.

Japanese Admiral Isoroku Yamamoto is portrayed at the very end of the 1970 film Tora! Tora! Tora! and in the 2001 film Pearl Harbor, as saying after his attack on Pearl Harbor [was quoted in the film], “I fear all we have done is to awaken a sleeping giant and fill him with a terrible resolve.” The quotation was abbreviated in the film Pearl Harbor (2001), where it merely read, “I fear all we have done is to awaken a sleeping giant.”

Admiral Isoroku Yamamoto

Randall Wallace, the screenwriter of Pearl Harbor, readily admitted that he copied the line from Tora! Tora! Tora! The film’s producer, Elmo Williams, had found the line written in Yamamoto’s diary. Williams, in turn, has stated that Larry Forrester, the screenwriter, found a 1943 letter from Yamamoto to the Admiralty in Tokyo containing the quotation. However, Forrester cannot produce the letter, nor can anyone else, American or Japanese, recall or find it.

In The Reluctant Admiral, Hiroyuki Agawa, without a citation, does give a quotation from a reply by Admiral Yamamoto to Ogata Taketora on January 9, 1942, which is strikingly similar to the famous version:

“A military man can scarcely pride himself on having ‘smitten a sleeping enemy’; it is more a matter of shame, simply, for the one smitten. I would rather you made your appraisal after seeing what the enemy does, since it is certain that, angered and outraged, he will soon launch a determined counterattack.”

Yamamoto believed that Japan could not win a protracted war with the United States, and moreover seems to have believed that the Pearl Harbor attack had become a blunder—even though he was the person who came up with the idea of a surprise attack. The Reluctant Admiral relates that “Yamamoto alone”—while all his staff members were celebrating—spent the day after Pearl Harbor “sunk in apparent depression.” He is also known to have been upset by the bungling of the Foreign Ministry which led to the attack happening while the countries were technically at peace, thus making the incident an unprovoked sneak attack that would certainly enrage the enemy.

After the war, a similar rumor disseminated among occupation insiders that upon learning the attack had been a success, Admiral Yamamoto had said to those around him, “Gentlemen, we have just kicked a rabid dog.” This would have been a tactical metaphor and not intended as an insult, since he was generally fond of America and Americans.

Today we play politics to death. We talk amongst ourselves and the politicians talk and talk in Washington. While I know rational thinking may ultimately rule, rational thinking without emotion ignores the passion that lights the fire of definitive action; and now is the time for definitive action.
Similar to the above quotation was another that, while real, was widely misinterpreted in the US press. Yamamoto, when once asked his opinion on the war, pessimistically said that the only way for Japan to win the war was to dictate terms to the White House, requiring them to eventually invade the United States and march across the country while fighting their way to Washington—i.e., Japan would have to conquer the whole of the United States. Yamamoto’s meaning was that military victory, in a protracted war against an opponent with as much of a population and industrial advantage as the United States possessed, was completely impossible—a rebuff to those who thought that winning a major battle against the US Navy would end the war. However, in the US, his words were recast as a jingoistic boast.

In a recent discussion with friends, we explored the issue of whether the United States is a “Sleeping Giant” any more, and if it is, what percentage of the population would constitute that “sleeping giant?”

Best estimates indicated that maybe 10-15% of America now would be considered the “sleeping giant” and the remainder of population is unaware of the serious threats to the United States, or are truly asleep at the “switch” and clueless to our continuing demise and weakening as a people and country.

Mohammad
Mohammad In Arabic
I listen to the unfolding, ever more negative news each and every morning and the continuing ineptness so clearly on display by our elected and appointed leaders. At once, while struck with horror, I now feel strangely disconnected from the passions it stirs in me. I walk the river near my home with my dog into the sunshine of Montana and I want, and expect something to be occurring in this country that will awake America today. Even here in the beautiful and rugged mountains of western Montana people are hiking, golfing, strolling, smiling and acting as if nothing of any momentous consequence is occurring in or outside the United States. Our belief in our safety and security is being shattered, yet strangely, people seem to continue as if there is nothing to worry about too deeply.

There are so many more threats and risks to our families today then before 9/11 and thousands upon thousands of Americans have been killed across the globe since. While walking my dog, I look at the faces of people with these thoughts in mind, and I see people who look strangely blank or “normal.” But this is not normal. This is acting normal in the face of insanity. Therefore, I cannot remain calm, I must act.

I find myself thinking about World War II and the refusal of the United States to aid the millions of people being killed by the Nazis. The safety of our American sanctuary was shattered by Pearl Harbor and we woke up. Denial was no longer an option, and isolationism was no longer the rule of the day. Today we play politics to death. We talk amongst ourselves and the politicians talk and talk in Washington. While I know rational thinking may ultimately rule, rational thinking without emotion ignores the passion that lights the fire of definitive action; and now is the time for definitive action.

Personally, I do not believe in turning the other cheek. Yet, I do not want to become what I so despise—a fanatic driven by virulence and hatred as to do violence. I do not sanction any kind of fanaticism, because fanaticism feeds on itself and is driven by blind emotion. It demands unquestioning obedience and intolerance, rather than acceptance of diverse and genuine viewpoints. However, I do not believe in passivity either. Nothing goes away until you are willing to take a stand that says: “you may not cross this line because if you do, this will be the consequence.” Well, I am convinced that this line has been crossed. You hurt my people, you hurt my country – you hurt me.

I do not excuse dishonesty, corruptness, and behavior by members of Congress and the White House. Behavior counts, character counts! If a child of mine is threatened, I become a lion. If my people are threatened I feel a personal sense of violation that I need to react to in much the same way. If my country is threatened, my patriotism soars to its highest level, and my blood boils. Punishment for this transgression of my person and my country’s boundaries and way-of-life is essential; it is in my opinion, mandatory as a citizen. Instead of our current dissolution and chaos, we must reunite and roar like the lion we are, the father who is reacting to a wrong done to his child.

Enough politicking and talk

Action and retaliation are crucial. We have been so afraid to be the lion, afraid to be seen as the bad guy, that we have NOT drawn the line in the sand and said: “you may not cross this line or these are the consequences.” To take a stand is not being the bad guy. It is quite the opposite, it is to be lauded; taking a stand with very clearly defined consequences is being responsible. We need to do more than simply reacting, we need to be pro-active.

I believe we must reclaim our status as courageous warriors, as outraged fighters, as the parents of the child that has been set upon, and say to those that have crossed the line and caused us pain: “there will be reprisal and punishment.”
I want to see our people; our fellow citizens do just that, not just as a reaction to the current economic and security threats, but on a continual basis. It’s the equivalent of being a parent who is afraid of being firm and setting boundaries, letting their child run out of control for fear we may be thought the ogre, and then reacts only situation by situation, each time confirming softness instead of resolve. That parent needs to step back, size up the situation and say this is what MUST be done now, so we do not have to face it again.

The response must be reprisal and punishment, in a manner that is civil, yet unmistakable in message, it has to go far enough to forestall similar activity in the future. We must change our political philosophy, awaken from our lethargy, erase our apathy and above all, we must abide by our well designed Constitution.

Similarly, it must be conveyed that it is folly and foolish for other countries to confuse our softness and courtesy with weakness. However, we ARE, more than ever, a soft country. Politically, we make so many mistakes; most in the name of misguided politics, foreign perceptions ill-understood, and isolationism. We do not speak out strongly enough about abuses to people in so many other countries, and the blatant evil that exists.

To confuse our softness with weakness is beyond STUPID, it is perilous and self-defeating, and you cannot fix STUPID with politicians who think and act as they do here at home today. When this country is threatened, when our allies face any external threat, we can be very dangerous, and our enemies need to understand this with clarity and utter fear. At home, concerning our internal problems and our outward projection, we, as a unified country, must change that perception for our country’s safety. We must act now, decisively.

I believe we must reclaim our status as courageous warriors, as outraged fighters, as the parents of the child that has been set upon, and say to those that have crossed the line and caused us pain: “there will be reprisal and punishment.”

In our American Exceptionalism, one borne of varied and mixed cultures, peoples with differing origins, of diverse religious affiliations; putting aside our petty differences which keep our combined culture fragmented, is crucial. I am one of those “Sleeping Giants” that has been awakened and want you to be awakened, and join me as a “Sleeping Giant” freshly awoken, a giant no longer asleep that sees the light of day before it is too late and is willing to ACT.

Please America...

Help Us Stir the “Sleeping Giant!”

MG Paul E. Vallely, US Army (Ret)
Chairman of Stand Up America

Turning Fishermen Into Garbagemen

fisherman
When the fish are all gone...

WITH FLOATING HEAPS OF PLASTIC CHOKING the world's oceans and fishermen chaffing at new regulations meant to protect dwindling European fish stocks, a top EU official has proposed a clever idea that may help address both problems: Pay fishermen to catch plastic trash, rather than fish. EU fisheries chief Maria Damanaki has been under fire for the European Commission's plan to ban discards of edible fish. The practice is no small problem, The Guardian wrote this week:

Two-thirds of the fish caught in some areas is thrown back, usually dead, because fleets exceed their quota, unintentionally catch juveniles or species for which they lack a quota, or because they prioritize higher-value fish and throw away lesser species. About 1 million tons are thrown back each year in the North Sea alone.

Instead of caving in to the fishing-industry pressure on the issue, Damanaki has vowed to move forward with the discards ban—saying "time is running out" to make "radical reform"—while offering fishermen an alternative source of income. Under a trial project to start in the Mediterranean this month, fishermen will be equipped with special "nets to round up the plastic detritus that is threatening marine life, and send it for recycling," The Guardian wrote. The EU will initially subsidize the initiative, but the hope is that it could eventually become self-sustaining as fishermen make more money from the recycling itself.

Read it all.

It may be a step down in one's own personal psyche, to go from food supplier to garbage collector, but if it needs to be done, somebody's got to do it, and impoverished fisherman should step to the task, and get 'er done for decent wages, of course. Oops, that's government nee the people's money, but I've always said littering is one of the first signs of a dangerous personality though probably the most preventable of sins an individual can make.

Oi! Oi! Oi!

THERE IS A REASON we do not develop our own energy resources...they are being held as collateral for our massive debts held by foreign countries. When we default you will see Chinese oils workers, miners, and other energy related workers showing up in the USA. They will live in separate autonomous communities apart from us, just like they are doing in Africa.

We are destined to be a resource of the Chinese with our population being irrelevant. In order to create a new world order, the largest pool of free thinking people has to be destroyed.

If you think me insane, look to Iraq. The Chinese are drilling for oil there, the USA is not. We have given them the oil as long as they give us loans. The government, Republicans and Democrats alike, have sold us out. Look on line to find the transcript of the speech given by Chinese General Chi Haotian to see the future the Chinese envision for us.

sopwith

That's an interesting take on things. But man, does it make me say ouch! I wonder how a President Palin, or a President Trump, God help us, might supercede this arrangement.