The world doesn't have to make cents

Good day, good day.

The News:

The Feds shut down a few more banks, we are up to 13 this year. Here is the list:

The List

The United State's financial obligations now exceed the World's GDP, how about that for debt slavery. Why don't we just have an open auction block for our children? If we sell each baby for 55 grand, we only have to sell 1,120,000,000 babies! That's right only 1.1 billion.

Does $65.5 trillion terrify anyone yet?

The great State of California, still has not passed a budget yet, so it looks to cut 20,000 state jobs. Feel the burn.

California to begin layoffs proceedings today

No amount of bail-out money will save the money pit that is GM.

GM considering Chapter 11 filing

Cheap oil, is actually crippling our economy. Why? Because our economy is based upon scarcity. It doesn't matter if scarcity is real or imaginary. Scarcity = profit, abundance = broke. The smart thing to do, to stimulate our current system would be to take a few hundred million of barrels of oil and light it on fire! The front fell off.

Current oil spot

Oil Drops as Manufacturing Data Shows U.S. Recession Deepening

An interview with Gerald Celente:



How wacky? It is a shame. Our current system is a ponzi scheme recherché par excellence. We have to learn from this, and use that knowledge to create a better world for our posterity. Keep preparing, this will be painful. Remember though, the harder we make this, the higher the growth potential. We all have some growing to do. Stay positive, that is more than half the battle.

It is perhaps a more fortunate destiny to have a taste for collecting shells than to be born a millionaire.~~~Robert Louis Stevenson

Prov.
14:11
Where no counsel is, the people fall: but in the multitude of counsellors there is safety.

With Love,

Joshua F.