Greetings Folks, this past week has been very interesting. The only conclusion I can draw is that we live in a kookoos nest.
Bank Failure Friday claims its victims.
Reuters:
U.S. regulators close seven small banks
We are up to 64 this year.
Washington Post:
Bankruptcy Filings up 33 Percent
Bloomberg:
Foreclosure Filings in U.S. Reach Record 1.5 Million
Everyday its very strange for me to see the de-coupling of reality with what are generally accepted as "markers" of our economy. For example the stock market recently breached 9,000. This in no way reflects whats really going on anymore.
LA Times:
Despair flows as fields go dry and unemployment rises
Charlotte Observer:
Jobless benefits run out in record numbers
In my opinion this tossing around recession vs depression is all semantics. The fact of the matter being that this situation we have/are backing ourselves into has no real practical solutions. Except possibly raising taxes somewhere between 70-90% and creating a socialist state. This seems to be the path we are on. I'm hard pressed to see many other "official" solutions. The debt we are creating is extravagantly huge, even with taxes at 70% on everyone, we will be hard pressed to even make payments on the interest. Forget everything else. So remember the Federal (private) Reserve owns us, and our children's children now. They want us in debt, for them it is more leverage on us.
The guesstimate on our debt here:
Crisis Tally Made Easy: On the Road Towards $23.7 Trillion!
So what does our lord protector Ben Bernanke have to say?
CNBC:
Fed Chairman Sees Possibility Of 'Jobless' Recovery
A jobless recovery eh? So now you may chuckle sardonically. We know what this means...Some one is getting shafted, wait everyone is getting shafted...unless your a banker, or a bankers pet. I hope we can all enjoy some more jobless recovery.
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On The Lighter Side:
California Passed a Budget, which means...we are selling a kidney to buy some more hooch. Its a great idea.
A new phenomenon has been noticed recently.
Wired Science:
Glowing Clouds Appear Across America’s Night Skies
Safe to say, I feel this phenomenon has nothing to do with what we call "global warming". However they are quite beautiful.
Be safe out there.
Prov.
1:19
So are the ways of every one that is greedy of gain; which taketh away the life of the owners thereof.
With Love,
Joshua F.
Saturday, July 25, 2009
Saturday, July 11, 2009
The Big Payback
Hey folks its been a while. Its getting rough out there. So lets get down like James Brown.
Our Blood Loss:
MSNBC:
Jobless rate rises to 26-year high
^The Records continue.
CNN Money:
Credit delinquencies hit record high
Debt Slavery delinquency.
Bloomberg:
Delinquencies on U.S. Home-Equity Loans Reach Record
Honey, have you ever considered Hotel living?
Reuters:
Americans swap homes for hotels as recession bites
The IOU is in the mail, we promise.
San Fran Business:
Big banks to cut off California IOUs
California is about to eat it, and hard. If your dependent in any way on the Great State of California, figure something out now. The Golden State is not golden any longer.
Chicago Tribune:
What's the bid for a California IOU? More than a Confederate dollar?
Some banks will take them for now...don't count on this lasting.
LA Times:
Bank of the West, Citibank to keep accepting California IOUs
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Propaganda of Note:
We need this?
-------------------------------------------------------------------------------------
Our Bill hr: 1207 to get the monster that is the Federal Reserve audited is being blocked in the senate. The Senate is using a rule called rule 16. Which states the senate does not legislate on appropriation bills, which is a lie. However we have a Man that takes a stand and points this out in detail. DeMint standing up for us.
We have to get the Fed audited, if we don't these crooks will continue to destruct our entire system. It seems to me, that we are going to face tough times either way. The onion is, whether or not we will continue to victimized for profit. If congress does get the bill passed to audit the FED I have no doubt that our monetary masters will crash the economy. They will do anything to maintain control over our blood, sweat, and tears.
We don't need a run for profit bank to control our country and our very lives. How about the congress prints its own currency (ie like the constitution says) and then gives it to us. If interest must be charged to run services then have it be 2-3% heck even 5%. The government should be making some money. This perpetual debt slavery is in-sane, and it doesn't have to be this way. Nor should it. You aren't sick of scratching each others eyes out or banging your head against the wall to exist yet?
------------------------------------------------------------------------------------
Interesting Things:
This is great, make some money off of our prison of greed! My new favorite ETF!
Gulag Wealth Fund
This is a good talk, about our future, and what we are doing to ourselves now. Understanding GMO. Don't put that in your mouth!
Be safe out there. Remember you decide what your life is. You change the way you think, and you change the world you live in.
Prov.
17:8
A gift is as a precious stone in the eyes of him that hath it: whithersoever it turneth, it prospereth.
With Love,
Joshua F.
Our Blood Loss:
MSNBC:
Jobless rate rises to 26-year high
^The Records continue.
CNN Money:
Credit delinquencies hit record high
Debt Slavery delinquency.
Bloomberg:
Delinquencies on U.S. Home-Equity Loans Reach Record
Honey, have you ever considered Hotel living?
Reuters:
Americans swap homes for hotels as recession bites
The IOU is in the mail, we promise.
San Fran Business:
Big banks to cut off California IOUs
California is about to eat it, and hard. If your dependent in any way on the Great State of California, figure something out now. The Golden State is not golden any longer.
Chicago Tribune:
What's the bid for a California IOU? More than a Confederate dollar?
Some banks will take them for now...don't count on this lasting.
LA Times:
Bank of the West, Citibank to keep accepting California IOUs
------------------------------------------------------------------------------------
Propaganda of Note:
We need this?
-------------------------------------------------------------------------------------
Our Bill hr: 1207 to get the monster that is the Federal Reserve audited is being blocked in the senate. The Senate is using a rule called rule 16. Which states the senate does not legislate on appropriation bills, which is a lie. However we have a Man that takes a stand and points this out in detail. DeMint standing up for us.
We have to get the Fed audited, if we don't these crooks will continue to destruct our entire system. It seems to me, that we are going to face tough times either way. The onion is, whether or not we will continue to victimized for profit. If congress does get the bill passed to audit the FED I have no doubt that our monetary masters will crash the economy. They will do anything to maintain control over our blood, sweat, and tears.
We don't need a run for profit bank to control our country and our very lives. How about the congress prints its own currency (ie like the constitution says) and then gives it to us. If interest must be charged to run services then have it be 2-3% heck even 5%. The government should be making some money. This perpetual debt slavery is in-sane, and it doesn't have to be this way. Nor should it. You aren't sick of scratching each others eyes out or banging your head against the wall to exist yet?
------------------------------------------------------------------------------------
Interesting Things:
This is great, make some money off of our prison of greed! My new favorite ETF!
Gulag Wealth Fund
This is a good talk, about our future, and what we are doing to ourselves now. Understanding GMO. Don't put that in your mouth!
Be safe out there. Remember you decide what your life is. You change the way you think, and you change the world you live in.
Prov.
17:8
A gift is as a precious stone in the eyes of him that hath it: whithersoever it turneth, it prospereth.
With Love,
Joshua F.
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