Backwards.

News,

The Fed is going for a power grab. The nature of this grab is control. The Federal (Private) reserve is attempting to subvert individual freedom.

Washington Post:
Federal Reserve to gain power under plan

Who will regulate the regulators?

Quote, "If all the bank loans were paid, no one could have a bank deposit, and there would not be a dollar of coin or currency in circulation. This is a staggering thought. We are completely dependent on the commercial Banks. Someone has to borrow every dollar we have in circulation, cash or credit. If the Banks create ample synthetic money we are prosperous; if not, we starve. We are absolutely without a permanent money system. When one gets a complete grasp of the picture, the tragic absurdity of our hopeless position is almost incredible, but there it is. IT IS THE MOST IMPORTANT SUBJECT intelligent persons can investigate and reflect upon. It is so important that our present civilization may collapse unless it becomes widely understood and the defects remedied very soon."

~~~Robert H. Hemphill, Credit Manager of the Federal Reserve Bank of Atlanta Georgia

Judge Nepolitano breaking it down.



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The Implosion continues:

Business Week:
Calif. jobless rate climbs to record 11.5 percent
1 in 9 are now officially un-employed. We both know this number is a conservative estimate.

This logically follows....

Wall Street Journal:
Numbers On Welfare See Sharp Increase
More folks have to go on to the doll just to live. As USA today let us know last week, about 1 in 6 dollars in circulation today are coming from the doll.

Who wants a government job?!?! Thats where we are going. Soon a great number of people will be working for the government. Otherwise there will be no alternative but poverty. Poverty or Freedom? If we aren't careful soon we will wake up in a state that is against everything that was American...and the dream will have never been even a dream.

CNN Money:
40 banks failures in 2009
This is like a game of dominoes, every bank that fails further de-stabilizes the system. I have no idea when this will hit critical mass. The consolidation continues.

Gains Pains:
China’s Got a New Currency…
China is snapping up resources like there is no tomorrow literally. Resources will be the new currency, if they aren't all ready.

Market Skeptics:
USDA Deliberately Misleading Investors To Hide Looming Food Shortage
This check is in the mail. I am anxious to see if COMEX will be able to fulfill its soybean contracts in the near term. If it cannot that may prove to be the little shove needed.

Be safe out there. Really enjoy the ones you love, this time thing seems to go by far to quickly.

Prov.
30:14
There is a generation, whose teeth are as swords, and their jaw teeth as knives, to devour the poor from off the earth, and the needy from among men.

With Love,

Joshua F.