Saturday, September 26, 2015

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What in the hell is going on with the Republican party? John Boehner resigns as the Speaker of the House and all the Republicans in Washington and around the country are starting their power play. This is like watching the House of Cards in real time. I have a terrific idea, why don't they try doing something for the people who elected them to Congress in the first place. This mickey mouse idea of posturing for power is not what we are looking for. we are looking for results.

i would suggest that in the election in 2016 that we dump congress. anyone that is running for reelection be voted out. start with a clean slate and put people in there that will do the job they were elected to and not for self interests. Try telling that to those who think they will re-elect the ones that give them things like housing and food and cell phones.

there is an old saying that a democracy (republic) will exist only until voters find out that they can vote government to give them things, then it is all over but the shouting.

Wednesday, September 23, 2015

<$BlogMetaData$>ARE YOU A PREPPER?


I guess before I ask a question like this I should give you my definition of what a prepper is huh?

To me, a prepper is a person who is preparing for imminent emergencies or possible disruption of the economy, social, or political order. This could be a sudden depression on a local, national or international scale. A prepper stockpiles food, water, medical supplies and equipment to become self sufficient in the event a catastrophic event happens and everything goes in the tank.

I think one would be amazed at the number of people in this world that cannot survive beyond tomorrow unless they have access to all the conveniences we’ve grown accustomed to, like automobiles, electricity, readily available food of all kinds, and social interaction.

Let me ask you a few simple questions to find out if you are a prepper or a disaster waiting to happen.

1.    Do you have adequate savings to last you for at least 6 months should the economy be disrupted?
2.    Do you have more credit card debt than savings?
3.    Could you come up with $2000 right now without having to borrow it?
4.    Do you own any gold or silver that can be used as cash in an emergency?
5.    Do you have more than a 3-day supply of non-perishable food and water in your house for emergencies?
6.    Do you have a garden in the summer and/or fall? Do you know how to garden?
7.    Should the electricity go out in the wintertime do you have a means to keep you and your family warm for a week, a month?
8.    Do you do any canning of your vegetable garden in season? How about meat or chicken products?
To me, it only makes common sense that one should prepare for emergencies, not only man made but nature as well.

We as a nation are entering unchartered waters. I have been talking for many weeks now about something called a New World Order (NWO). This is not just a fantasy, but a form of government that will not only happen in one or two or three countries including the United States, but worldwide. It is only prudent that one should be prepared for something like this to happen.

Many strange things are happening in the financial world and all indicators show that a cataclysmic event such as a worldwide depression is all that it would take for a NWO to happen. It won’t be pretty either.

It isn’t too late to start doing things that will change your lifestyle to become more self-sufficient. The good thing is that it will make your fragility stronger and you can weather the storm when it comes. Wouldn’t you want to be in a situation where you control your own destiny? Seriously, ask yourself Are You a Prepper?  If not, doesn’t your family deserve to be cared for safely and securely

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Are You Prepared?

When the coming economic crisis strikes, more than half the country is going to be financially wiped out within weeks.  At this point, more than 60 percent of all Americans are living paycheck to paycheck, and a whopping 24 percent of the country has more credit card debt than emergency savings.  One of the primary principles that any of these “financial experts” that you see on television will teach you is to have a cushion to fall back on.  At the very least, you never know when unexpected expenses like major car repairs or medical bills will come along.  And in the event of a major economic collapse, if you do not have any financial cushion at all you will be a sitting duck.  Yes, I know that there are millions upon millions of families out there that are just trying to scrape by from month to month at this point.  I hear from people that are deeply struggling in this economy all the time.  So I don’t blame them for not being able to save lots of money.  But if you are in a position to build up an emergency fund, you need to do so.  We have been experiencing an extended period of relative economic stability, but it will not last.  In fact, the time for getting prepared for the next great economic downturn is rapidly running out, and most Americans are not ready for it at all.  The following are 14 signs that most Americans are flat broke and totally unprepared for the coming economic crisis…
#1 According to a survey that was just released, 24 percent of all Americans have more credit card debt than emergency savings.
#2 That same survey discovered that an additional 13 percent of all Americans do not have any credit card debt, but they do not have a single penny of emergency savings either.
#3 At this point, approximately 62 percent of all Americans are living paycheck to paycheck.
#4 Adults under the age of 35 in the United States currently have a savings rate of negative 2 percent.
#5 More than half of all students in U.S. public schools come from families that are poor enough to qualify for school lunch subsidies.
#6 A study that was conducted last year found that more than one out of every three adults in the United States has an unpaid debt that is “in collections“.
#7 One survey discovered that 52 percent of all Americans really cannot even financially afford the homes that they are living in right now.
#8 According to research conducted by Atif Mian of Princeton University and Amir Sufi of the University of Chicago Booth School of Business, 40 percent of Americans could not come up with $2000 right now without borrowing it.
#9 That same study found that 60 percent of Americans could not say yes to the following question…
“Do you have 3 months emergency funds to cover expenses in case of sickness, job loss, economic downturn?”
#10 A different study discovered that less than one out of every four Americans has enough money stored away to cover six months of expenses.
#11 Today, the average American household is carrying a grand total of 203,163 dollars of debt.
#12 It is estimated that less than 10 percent of the entire U.S. population owns any gold or silver for investment purposes.
#13 48 percent of all Americans do not have any emergency supplies in their homes whatsoever.
#14 53 percent of all Americans do not even have a minimum three day supply of nonperishable food and water in their homes.

The Triffin Paradox.

<$BlogMetaData$>Triffin’s Dilemma and the Future of SDRs

If you don’t know who Robert Triffin is, you should read this closely.  
Triffin was a Belgian economist who lived from 1911–1993. He was regarded as one of the leading authorities on gold, currencies and the international monetary system during his career. He made many notable contributions to international economics, but his most famous was the articulation of what became known as “Triffin’s dilemma.”
The paradox of Triffin’s dilemma was pointed out in the early 1960s, yet its implications are just now coming into full view. Far from a relic of the past, Triffin’s dilemma is the key to understanding the future of the international monetary system.
Triffin’s dilemma arose from the Bretton Woods system established in 1944. Under that system, the dollar was pegged to gold at $35.00 per ounce. Other major currencies were pegged to the dollar at fixed exchange rates. The architects of the system knew that these other exchange rates might have to be devalued from time to time, mostly because of trade deficits, but the devaluation process was designed to be slow and cumbersome.
A country that wanted to devalue (for example, the U.K. in 1967) first had to consult with the International Monetary Fund, IMF. The IMF would typically recommend structural changes, to fiscal policy, tax policy and other areas designed to cure the trade deficit.
The IMF also stood ready to offer bridge loans of hard currency to help the deficit-hit country withstand temporary stresses while the structural changes were implemented. Only if the structural changes failed and the trade deficits were persistent would the IMF allow devaluation.
That was the process for countries other than the U.S. As far as the U.S. was concerned, the link between gold and the dollar was fixed for all time and could never be changed. The dollar/gold link was the anchor of the entire system.
This fixed link between the dollar and gold made the dollar the most prized reserve currency in the world. That was the hidden agenda of Bretton Woods. With the dollar as the main reserve currency, U.K. pounds sterling, a competing reserve currency, would eventually fall by the wayside.
The U.K. relied on Imperial Preference among its trading partners in the British Commonwealth to gain trade surpluses, and also relied on the willingness of those Commonwealth partners to hold sterling in their reserves. The Bank of England assumed Commonwealth members would not ask to convert the sterling to gold. Imperial Preference came under attack by the General Agreement on Tariffs and Trade, the GATT, which was also part of Bretton Woods. (Today, GATT is known as the World Trade Organization, WTO.)
Bretton Woods was a one-two combination punch designed by the U.S. to destroy the British empire. GATT undermined Imperial Preference. The dollar-gold link undermined sterling. It worked. The U.K.’s trade deficits persisted, and the Commonwealth partners demanded their gold. Eventually, the pound sterling was devalued, and the empire dissolved. It was replaced by a new age of U.S. empire and King Dollar.
There was only one problem, and Robert Triffin pointed this out. If the dollar was the lead reserve currency, then the entire world needed dollars to finance world trade. In order to supply these dollars, the U.S. had to run trade deficits.
The U.S. sold a lot of goods abroad, but Americans quickly developed an appetite for Japanese electronics, German cars, French vacations and other foreign goods and services. Today, China has replaced Japan as the main source of exports to the U.S.; still, Americans have not lost their appetite for imports financed by printing dollars.
So the U.S. ran trade deficits, the world got dollars and global trade flourished. But if you run deficits long enough, you go broke. That was Triffin’s dilemma. Any system based on dollars would eventually cause the dollar to collapse because there would either be too many dollars or not enough gold at fixed prices to keep the game going. This paradox between dollar deficits and dollar confidence was unsustainable.
This system did break down in the 1970s. The solution then was to abolish the dollar-gold peg in 1971, and demonetize gold in 1974. But there was a third leg of the stool invented in 1969 — the IMF’s Special Drawing Right, SDR.
The SDR was a new kind of world money printed by the IMF. The idea was that it could be used as a reserve currency side by side with the dollar. This meant that if the U.S. cured its trade deficit, and supplied fewer dollars to the world, any shortfall in reserves could be made up by printing SDRs.
In fact, SDRs were printed and handed out repeatedly during the dollar crisis from 1969–1980. But then a new King Dollar age was started by Paul Volcker and Ronald Reagan, with some help from Henry Kissinger, the king of Saudi Arabia and private bankers like my old boss Walter Wriston at Citibank.
Under the new King Dollar system, U.S. interest rates would be high enough to make the dollar an attractive reserve asset even without gold backing. Remember those 20% interest rates of the early 1980s?
Henry Kissinger also persuaded Saudi Arabia to keep pricing oil in dollars. This “petrodollar deal” meant that countries that wanted oil needed dollars to pay for it whether they liked the dollar or not.


The Arabs deposited the dollars they received in Citibank, Chase and the other big banks of the day. The bankers, led by Wriston at Citibank and David Rockefeller at Chase, then loaned the money to Asia, South America and Africa.
From there, the dollars were used to buy U.S. exports like aircraft, heavy equipment and agricultural produce. Suddenly, the game started up again, this time without gold. This new Age of King Dollar lasted from 1980–2010.
Still, it was all based on confidence in the dollar. Triffin’s dilemma never went away; it was just in the background waiting to re-emerge while the world binged on new dollar creation and forgot about gold. The U.S. ran persistent large trade deficits during this entire 30-year period as Triffin predicted. The world gorged on dollar reserves with China leading the way in the 1990s and early 2000s.
The new game ended in 2010 with the start of a currency war in the aftermath of the Panic of 2008. Trading partners are again jockeying for position as they did in the early 1970s. A new systemic collapse is waiting in the wings.
The weak dollar of 2011 was designed to stimulate U.S. growth and keep the world from sinking into a new depression. It worked in the short run, but now the tables are turned. Today, the dollar is strong, and the euro and yen have weakened. This gives Japan and Europe some relief, but it comes at the expense of the U.S., where growth has slowed down again.
The new dollar-yuan peg with China has also contributed to a slowdown in China. There’s just not enough global growth to go around. The major trading and finance powers are cannibalizing each other with weak currencies. Soon the U.S. and China may devalue relative to Europe and Japan, but that just moves the global weakness back to them.
Is there no way to escape the room? Is there no way out of Triffin’s dilemma?
A new gold standard might be one way to solve the problem, but it would require a gold price of $10,000 per ounce in order to be nondeflationary. No central banker in the world wants that, because it limits their ability to print money and be central economic planners.
Is there an alternative to gold? There is one other way out. That’s our old friend, the SDR. The brilliance of the SDR solution is that it solves Triffin’s dilemma.
Recall the paradox is that the reserve currency issuer has to run trade deficits, but if you run deficits long enough, you go broke. But SDRs are issued by the IMF. The IMF is not a country and does not have a trade deficit. In theory, the IMF can print SDRs forever and never go broke. The SDRs just go round and round among the IMF members in a closed circuit.
Individuals won’t have SDRs. Only countries will have them in their reserves. These countries have no desire to break the new SDR system, because they’re all in it together. The U.S. is no longer the boss. Instead, you have the “Five Families” consisting of China, Japan, the U.S., Europe and Russia operating through the IMF.
The only losers are the citizens of the IMF member countries — people like you and I — who will suffer local currency inflation. I’m preparing with gold and hard assets, but most people will be caught unaware, like the Greeks who lined up at empty ATMs last month.
This SDR system is so little understood that people won’t know where the inflation is coming from. Elected officials will blame the IMF, but the IMF is unaccountable. That’s the beauty of SDRs — Triffin’s dilemma is solved, debt problems are inflated away and no one is accountable. That’s the global elite plan in a nutshell.
We never take our eye off the IMF and its plans to expand the use of SDRs. The IMF will include the Chinese yuan in the SDR basket over the next 12 months to make sure the Chinese are “on the bus” when the endgame begins. That’s an important step in the SDR process.
We plan to report on the IMF annual meeting in Lima, Peru, so you have a front-row seat for these developments. This story has longer to run, but the endgame is already in sight. Stay tuned…
Regards,

Tuesday, September 22, 2015

ALL IS NOT WELL IN THIS COUNTRY:

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Well, it has been several years and i have not been up here to post anything, but i can keep silent no longer. This time it isn't Hyperion or anything to do with Keystone XL. this is all politics and the New World Order. there are many things happening that if not kept in check will change the way we live and do business in this world and it is not good.

There are three main groups heading up the drive for a NWO; the Trilateral Commission, the Bilderbergs and the Council on Foreign Relations (CFR). together they are making overt moves to create one money for the world through the International Monetary Fund (IMF).

since the end of World War II any international trading must be done in U.S. Dollars called the reserve dollar. Oil especially has been the main commodity being traded. By using U.S. Dollars, our dollar has remained strong. in the last few years there has been a move afoot by China mainly, to replace the dollar with the Yuan or Remendi (official chinese designated term for their money). China has replaced the United States as the #1 economic country and soon India will be #2, therefore the move to replace the dollar as the official exchange. this would turn the United States into a 3rd world country because inflation would run rampid and the country as we know it will crash. nothing like this has ever happened before, and i sure would not want to live in it.

The other thing that is happening is the rush to be President in 2016. it seems that nobody can stop Obama and he has virtually ignored congress with his executive decisions on how this country is being run. the main theme for the Republicans in 2014 was to gain control of the Senate and keep control of the house so they could undo all that obama had done previously. well, you can see what is happening there; absolutely nothing. once inside the beltway of Washington D.C. there is no political party. it is who has the hammer and it certainly isn't who you think it is. Obama is merely a pawn in the scope of things in this country, and he is playing his part well. just look at all the damage he has done in the last 2 years and what he intends to do in the next year and a half. you will not recognize this country when he is finished and we have no one to blame but ourselves.

i almost believe, in fact i do believe that anyone running for re-election to either house of congress must be defeated. this is the only way we are going to get back on track. run the bastards out of town. they are only there to line their pockets and could care less what is going on. we are paying a high price for lip service.

more later and a more indepth discussion about the bildergergs, NWO, CFR and the Trilateral commission.