The third time Pokey

G-Good morning fellow travelers.

The News:

Comming Attraction: Bank Nationalization! Its very strange to me that they have been talking about this for months and still they flap! The "bad bank solution" was like a scotty don't. Swedish style nationalization will occur folks, its a matter of time. No meat balls.

Bank nationalization

U.S. Lawmakers Clash Over Nationalizing Banks to Stem Declines

The next bubble will strike soon, this will be in the form of commercial mortagages, annd the Jumbo loans from zee Prime borrowers. Why? Because, the interest being charged on the debt money never existed. It is mathematically impossible for everyone to repay the loans. Its like a game of musical chairs. The money was created, given to us, +++interest (doesn't exist), and we are promised to repay. Where do we get the interest? We get it by ruining other people and taking the money they were loaned. Simple as that. The Federal Reserve cannot ever loose. Our system strongly resembles a Mad-max, Road Warrior beyond thunder Dome system, 2 men enter One man leaves. Anyone want an honest money system yet?

Jumbo Loan Defaults Rise at Fast Pace as Rich Suffer

Commercial Real Estate Activity Continuing to Decline

I don't see a bottom either. The current system is crooked, corrupt, un-natural, soul crushing, and dishonest. It forces people to fight over paper, the supply of such paper being controlled by a few dudes and the devil himself. Of course there is never enough! Oh, yeah the funny thing is, is that the paper really isn't worth anything, we have been hood-winked.

Soros sees no bottom for world financial "collapse"

Gold tipped over a grand an Oz, though its not sticking there yet.

Gold Spot

Silver is now hovering around 14 bucks an Oz. Its not too late to get into either metals, they have been stores of value you for the last 5,000 years. Protect yourself from dollar depreciation! The stock market is not your friend.

America's Bailouts And Their Effects On US Finances

The news is slowly filtering into the mainstream media, which will accelerate things.



Once the cat gets out of the bag, things will get wacky. This is the kind of thing that causes civilizations to fall folks. This isn't new, this just hasn't happened on such a massive scale within recorded history. So keep preparing! We don't have to live as debt slaves. We just think we do. Sooner or later everyone will realize that. The national debt will never be re-paid. It is so much, that its impossible to understand what a black hole it is. Consumption doesn't generate wealth! Smile, because on the other side of this, is a better world.

Give us grace and strength to forbear and to persevere. Give us courage and gaiety and the quiet mind, spare to us our friends, soften to us our enemies.~~~Robert Louis Stevenson

Prov.
12:13
The wicked is snared by the transgression of his lips: but the just shall come out of trouble.

With Love,

Joshua F.