Thursday, January 8, 2009

Unemployment and The Beast

Hey guys, there was a break in here last night. Not an apartment, but the laundry facilities. I kind of feel bad about it because I'm right next door. I remember hearing someone bangin around in there but I figured it was just somebody doing late night laundry. So instead of getting up to have a look and put a stop to it, I just rolled over. There are only two machines in there. Ron the manager dude emptied out the change boxes just a few days ago, so who ever did it got away with maybe 5 bucks in change tops. Its a real shame too, the machines are destroyed. So no washing machines for a while. Chances of catching the guy that did it = zilch. Needless to say from now on I'm keeping suzie q loaded. Don't worry Mom I got a hold of a case of rubber buckshot. If you come to visit me don't try to climb in through the window, I won't be asking questions. Now I'm worried about the truck, but I have it parked right in front of the kitchen window. That is as good as it gets.

Anyhoo the News:

Ohio jobless claims crash state Web site

North Carolina Jobless Claims Crash State's Web Site

December unemployment claims set Washington record

Hawaii'an unemployment offices bombarded by filers

Unemployed in Michigan grow frustrated by long lines for benefits


There are more, but its pretty much the same story. Unemployment is stated at 7%, its probably double that, not all people file. Its going to get out of hand quick. I think we're looking at 25% in a month or two.

The UK follows us on our path to melt down:

Bank of England cuts Rate to Lowest Since Bank’s Creation in 1694

Crunch forces employees to work unpaid overtime

Remember the poor person that got trampled at a Walmart after thanksgiving? We have another casualty to great Materialism:

Shopaholic crushed by unopened junk

Back to China:

China warns of risks from "abnormal" cross-border capital flow

What the Heck does this mean? Well thankfully Eric at Market skeptics sheds light on The Chinese market:

Credit is Contracting Very Rapidly in China

Its kind of funny, we think we are borrowing real money to finance our debt. It turns out China, is simply creating money just like we are. Can you say, Fiat fiasco three times fast???!!!

To illustrate the sheer moral repugnance of bailouts, the porn industry is asking for one. Oh good the world makes sence again.

US porn industry seeks multi-billion dollar bailout

Our Treasury auction actually went kind of ok:

TREASURIES-Bonds extend gains after 10-year note auction

The German auction, not so ok:
German Bond Auction Fails to Attract Enough Demand
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I have a feeling that things will stay together more or less until Obama takes office, then expect to see some true lunacy. So, keep getting ready for this! If your in a city, assemble a grab-n-go bag, and keep your gas tank topped off. A densely populated area is going to get weird first. You'll want the ability to get the heck out of there quick if things go south on you. The recent riots in Oakland, over a 22 year old getting shot. This will look like a trip to to Disneyland if people can't get money, or money can't get them a thing. Don't expect people to respect your private property. Remember no-thing is worth your life. Mobs can quickly get out of hand, they are called mobs for a reason. You don't want to get caught in any crossfire. People aren't as grounded as they used to be. So have a plan. Blame all the garbage that has been popularized as entertainment for this.

I Really like this article, read it, it helps:

Major Frauds of the U.S. Monetary System

An older video about How and why our system is doing what its doing, this man breaks it down very well:



Peter Schiff's Latest:




The Israeli/Gaza conflict is getting kind of out-there, I will post more about that tomorrow.


So that is how it is. If you get a case of the "oh nos", take a second and focus on your breathing, and ask the Higher power for protection and guidance. Its like an ass kicking, if you ask for it, your going to get it. You all know what you need to do. So keep on keepin on =). People matter most, keep that in the front of your mind. Instead of being measured by how much junk we accumulate, lets get back to the way its supposed to be. Measurement based on deeds.

Fear is just another word for ignorance~~~Hunter S. Thompson

Prov
22:1
A good name is rather to be chosen than great riches, and loving favor rather than silver and gold.

With my Love~
Joshua F.

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