Zap

I can't believe this week is shot. Jimany cricket. My semester will be over soon, I've decided to opt out of summer school. There is a world to see. The events of this staggeringly beautiful May First. May is named after the Greek Goddess Maia, she was the shy daughter of Atlas. Who was as you may have guessed Goddess of Springtime.

The News:

CDC count:
H1N1 Flu (Swine Flu)

141 confirmed infections. One death.

It seems to me like this is a what you might call a drill. Just to see how the general public would re-act to a new kind of threat. I don't see how they can bump this up to level 6, though if they do then, it would seem that they need very little reason to call a "pandemic". Who knows, the next few days will be very telling. I learn more everyday.

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May Day protests in Europe.



Its strange, as soon as this pandemic was called, many of people shifted gears away from being robbed. To say people who were even aware of the Mass Theft that just took place/continuing quit thinking about it. It seems Europeans are alot more aware than the average citizen of our nation. That maybe because they don't chug recombinant bovine growth hormone and fluoride every day, so they are feistyer.

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Bank Failure Friday claimed a few more victims, We are now up to 31!

FDIC:
The List

Chrysler went belly up on us, how 'bout them apples?

Wall Street Journal:
Chrysler's Bankruptcy Deals Blow to Affiliates

We'll see what happens with that. I'm sure GM will follow.

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Press Tv:
China cancels America's credit card

This is kind of old news to us. However it will become more and more glaring as the weeks roll on. The Chinese are buying less and less of debt. Can you blame them? We won't be able to even build cars here soon enough.

So the Fed (gang big man) will have to ramp up its purchases of T-bills. This is alot like eating yourself. Simply, they are creating money to buy debt. LOL. Again, they are creating new money to buy debt. Hah its funnyer every time I type it. We call this monetizing the debt. Debt is good remember??? The more debt we have the more money we have! This will destroy the dollar. It is in the mail folks.

Market Watch:
Fed bought $7.025 billion in short-term Treasurys

They'll buy more, they have too. Its wacky! Remember the US government barrows money from the Fed at interest. The collateral to the Fed, is me, you, and what ever children you may have, and their children, and their children's children. The Fed is the only winner here. We all loose. This is insane.

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So thats where we are. I'll make sure to keep tabs on that screwy "multi-national treaty" that aims to cripple our defenses. Like many of you I expected everything to go wrong in some kind of big crash... Though its really like a sad series of little whimpers as we get sucked down into the sand. Which is far more depressing. Who knows, maybe this will change sooner rather than later. I'm off to pound some pavement. Be safe.

Prov.
26:13
The slothful man saith, There is a lion in the way; a lion is in the streets.

Want To Make God Laugh? Tell Him Your Plans~~~Woody Allen

With Love,

Joshua F.



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