Greetings everyone. I have been looking over alot of information concerning the new H1N1 vaccination. There has been much talk about it in the news, so I decided to compile some resources here. I hope you all do your own homework on any injection you may consider taking.
There is always a risk to any benefit. All risks and benefits must be considered before an educated decision can be made.
This is a great web-site that illuminates the facts. It is all referenced.
What’s in the regular flu shot?
Quote, "In a review of more than 51 studies involving more than 294,000 children it was found there was "no evidence that injecting children 6-24 months of age with a flu shot was any more effective than placebo. In children over 2 yrs, it was only effective 33% of the time in preventing the flu."
Reference: "Vaccines for preventing influenza in healthy children." The Cochrane Database of Systematic Reviews. 2 (2008).
Makers of H1N1 vaccine Refuse to take it
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The way the vaccine is constructed is unpleasant to say the least. The companies associated with this process especially Dyncorp are extremely untrustworthy. Dyncorp is a military contractor.
Video:
Baxter itself was not only caught distributing live virus it is openly admitted by the World Health organization as policy.
World Health Organization's Website
Quote, "Also in Europe, some manufacturers have conducted advance studies using a so-called “mock-up” vaccine. Mock-up vaccines contain an active ingredient for an influenza virus that has not circulated recently in human populations and thus mimics the novelty of a pandemic virus. Such advance studies can greatly expedite regulatory approval."
Baxter: Product contained live bird flu virus
Quote, "The contamination incident, which is being investigated by the four European countries, came to light when the subcontractor in the Czech Republic inoculated ferrets with the product and they died. Ferrets shouldn’t die from exposure to human H3N2 flu viruses."
This bothers me. We are lucky some one tested this vaccine on ferrets first.
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This is nothing new either. These companies don't really care about your well-being as much as they care about the bottom line...money.
Is this ok?
Fox News Yesterday:
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The chances of dying from the swine flu are currently lower than that of dying from the regular flu. How many people do we have to vaccinate to save one life? Think about it. In 1976 there was a swine flu outbreak and the vaccine killed more people than the actual flu did.
1. We know the shots contain thimerosal. Thimerosal is a mercury containing compound. Mercury is a known neuro-toxin. Would you take an injection of lead? Even if some expert told you that lead was good?
2. Even under the best of circumstances, a vaccine is like flipping a coin and does not guarantee immunity.
3. The corporations that are making the vaccine are after money. They are motivated purely by profit.
Now Legal Immunity for Swine flu Vaccine Makers
4. With legal immunity granted to the vaccine companies, there is no recourse what-so-ever if the vaccine itself damages your person.
5. Vaccines in the recent past have had live viruses mixed into them. This is morally reprehensible.
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I hope this has shed a little bit more light on the issue. Most folks seem to care more about what they eat than what is injected directly into their bloodstream. We are adults and we all have the power to decide what is best for us. Your best doctor and personal expert is you. Information is simply information, any one/thing trying to frighten you is trying to control you in some way.
In my opinion...I will not be taking the shots. At best its a giant ploy to make billions. At worst it could be used to set the president to make vaccinations mandatory. Even if the vaccine is good, which it may very well be, no one should be required to take any injection. Down the road we may be required to take more injections, effectively giving the government the power to inject us with whatever they want whenever they want. If we do not have the right to say "no thank you" then we are not free. Our bodies are the last line of personal control. We are not animals. Our rights as free people are endowed to us by the creator of the universe, and can't be taken away. We can only be tricked out of them.
Proverbs 11:12
He that is void of wisdom despiseth his neighbour: but a man of understanding holdeth his peace.
With Love,
Joshua F.
Saturday, September 26, 2009
Sunday, August 23, 2009
Change in Focus
Hey Folks, Summer has been great. Tomorrow is the first day of the fall semester and I am very excited. The news has been very much the same. More banks have been closing, we are up to 81 thus far. The dollar is going to collapse, I wish I knew when. It could happen next month or a year from now. I doubt it will be a doomsday scenario, however people will die. Codex Alimentarius goes into place at the end of this year, and if that alone doesn't bother you, then I would say your not human.
I have been thinking, alot. I think now I formulated a better plan to raise awareness of these major issues. I am going to shift my focus here to the local level and do my very best to let folks know and organize some discussion. I'm not sure what I'll what I'll do with this blog spot, but I feel that I will use this one for more personal thoughts and conclusions I draw. I will make sure that you guys get links to the new site.
It won't be as news oriented. It will be about getting basic factual information about events we must face, and how best to deal with them. My major points of focus will be:
A: Our nation's monetary situation and the implications
B: Our food supply. Specifically Codex, GMO food/"food equivalents", and global food shortage
C: Our basic inalienable rights
There are periphery issues that are just as important. This is where my focus will start though. Things are changing so fast it makes my head spin. I learn so much everyday.
It will take me a few days to get everything put together and cited. Once I am done with the first stage of this project I will link this page to that. I have a good feeling about this endeavor.
In the mean time if you would like non-public relations and propaganda for the news, I recommend
What really happened.com
and these radio programs by Alan Watt. He is beholden to no company or person, and he posts his broadcasts for free. The information in these programs is invaluable.
Alan Watt's Show
Or there is always good old Alex Jones, but he may get on on your nerves after a while, he is an intense character. His information is 95% correct, and even if you think he is exaggerating, he isn't.
Prison Planet
------------------------------------------------------------------------------------
In the mean time, get and stay healthy. Keep a solid supply of stored food. Remember that what ever happens to anyone of us, happens to us as a whole. Get a good water filtration system. Eat lots of pie. Enjoy the days, and folks your with.
Prov.
18:2
A fool hath no delight in understanding, unless his heart may discover itself.
Love you guys!
Josh F.
I have been thinking, alot. I think now I formulated a better plan to raise awareness of these major issues. I am going to shift my focus here to the local level and do my very best to let folks know and organize some discussion. I'm not sure what I'll what I'll do with this blog spot, but I feel that I will use this one for more personal thoughts and conclusions I draw. I will make sure that you guys get links to the new site.
It won't be as news oriented. It will be about getting basic factual information about events we must face, and how best to deal with them. My major points of focus will be:
A: Our nation's monetary situation and the implications
B: Our food supply. Specifically Codex, GMO food/"food equivalents", and global food shortage
C: Our basic inalienable rights
There are periphery issues that are just as important. This is where my focus will start though. Things are changing so fast it makes my head spin. I learn so much everyday.
It will take me a few days to get everything put together and cited. Once I am done with the first stage of this project I will link this page to that. I have a good feeling about this endeavor.
In the mean time if you would like non-public relations and propaganda for the news, I recommend
What really happened.com
and these radio programs by Alan Watt. He is beholden to no company or person, and he posts his broadcasts for free. The information in these programs is invaluable.
Alan Watt's Show
Or there is always good old Alex Jones, but he may get on on your nerves after a while, he is an intense character. His information is 95% correct, and even if you think he is exaggerating, he isn't.
Prison Planet
------------------------------------------------------------------------------------
In the mean time, get and stay healthy. Keep a solid supply of stored food. Remember that what ever happens to anyone of us, happens to us as a whole. Get a good water filtration system. Eat lots of pie. Enjoy the days, and folks your with.
Prov.
18:2
A fool hath no delight in understanding, unless his heart may discover itself.
Love you guys!
Josh F.
Saturday, July 25, 2009
Life in the Nest
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.
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.
-------------------------------------------------------------------------------------
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 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?
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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.
Saturday, June 27, 2009
Inordinate
News,
The census is coming up soon. Originally it was nothing more than a count, that the people would be represented with the proper number of representatives. However over the years it has evolved into more sensitive areas involving personal questions. Questions involving employment, gun ownership, racial status, sexual status, ect, ect. Places where the government clearly has no role, or business. In response to this growing infringement, we actually have a Lady take a stand.
Washington Times:
Rep. Michele Bachmann is a thought criminal
--------------------------------------------------------------------------------------
The Iran front.
US Senators vow help for Iran dissidents
"We take the side of the Iranian people to have human rights, to have the freedom that we deem universal," Quoth McCain....I find this incredibly amusing. Does anyone remember that time when McCain sang "bomb Iran" to the tune of that beach boys song...then later said he was proud of that? I think our good Senators plan to bomb Iran into Freedom. In some kind of twisted mind this makes perfect sence. Good thing we know that blowing people into vulture sized edible chunks... helps them.
-------------------------------------------------------------------------------------
The Fed...dun...dun..dunn
The Treasury auctions did go off without much fan fair this past week. The verdict...The Federal (Private) Reserve is eating the heart out of our Government. So, remember that the Fed is actually trying to get control over nearly every facet of business in our nation? Up to and including a hotdog stand in Barstow? Well Bernanke has had to face some tough questions...
Bernanke Grilling May Weaken Case for Expanded Powers
What is kind of scary, is that during these so called "grillings" Bernanke dropped a veiled threat on our heads for trying to get them Audited. Listen carefully:
If we do get them audited will it be the end of the world?
-------------------------------------------------------------------------------------
The Implosion
Bank Failure Friday claimed 5 more victems, we are now at 45 total failures this year. More to come...you better believe it.
Bloomberg:
Five Banks Are Seized, Raising U.S. Failures This Year to 45
Currently the "experts" estimate that around 6.7 million folks are un-employed. This number is higher and will continue to grow, the system is broken.
Yahoo Finance:
New jobless claims rise unexpectedly to 627K
Why do they say unexpectedly? Its nuts! like this a surprise to some one.
Reuters:
China's central bank calls for super-sovereign currency
It is only a matter of time before China pulls out of our little game. Soon. This will come down us hard.
-------------------------------------------------------------------------------------
Welcome to Hell...I'm so glad its come to this, aren't you?
I hope you feel more informed. Keep preparing.
Prov
19:1
Better is the poor that walketh in his integrity, than he that is perverse in his lips, and is a fool.
With Love,
Joshua F.
The census is coming up soon. Originally it was nothing more than a count, that the people would be represented with the proper number of representatives. However over the years it has evolved into more sensitive areas involving personal questions. Questions involving employment, gun ownership, racial status, sexual status, ect, ect. Places where the government clearly has no role, or business. In response to this growing infringement, we actually have a Lady take a stand.
Washington Times:
Rep. Michele Bachmann is a thought criminal
--------------------------------------------------------------------------------------
The Iran front.
US Senators vow help for Iran dissidents
"We take the side of the Iranian people to have human rights, to have the freedom that we deem universal," Quoth McCain....I find this incredibly amusing. Does anyone remember that time when McCain sang "bomb Iran" to the tune of that beach boys song...then later said he was proud of that? I think our good Senators plan to bomb Iran into Freedom. In some kind of twisted mind this makes perfect sence. Good thing we know that blowing people into vulture sized edible chunks... helps them.
-------------------------------------------------------------------------------------
The Fed...dun...dun..dunn
The Treasury auctions did go off without much fan fair this past week. The verdict...The Federal (Private) Reserve is eating the heart out of our Government. So, remember that the Fed is actually trying to get control over nearly every facet of business in our nation? Up to and including a hotdog stand in Barstow? Well Bernanke has had to face some tough questions...
Bernanke Grilling May Weaken Case for Expanded Powers
What is kind of scary, is that during these so called "grillings" Bernanke dropped a veiled threat on our heads for trying to get them Audited. Listen carefully:
If we do get them audited will it be the end of the world?
-------------------------------------------------------------------------------------
The Implosion
Bank Failure Friday claimed 5 more victems, we are now at 45 total failures this year. More to come...you better believe it.
Bloomberg:
Five Banks Are Seized, Raising U.S. Failures This Year to 45
Currently the "experts" estimate that around 6.7 million folks are un-employed. This number is higher and will continue to grow, the system is broken.
Yahoo Finance:
New jobless claims rise unexpectedly to 627K
Why do they say unexpectedly? Its nuts! like this a surprise to some one.
Reuters:
China's central bank calls for super-sovereign currency
It is only a matter of time before China pulls out of our little game. Soon. This will come down us hard.
-------------------------------------------------------------------------------------
Welcome to Hell...I'm so glad its come to this, aren't you?
I hope you feel more informed. Keep preparing.
Prov
19:1
Better is the poor that walketh in his integrity, than he that is perverse in his lips, and is a fool.
With Love,
Joshua F.
Monday, June 22, 2009
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.
------------------------------------------------------------------------------------
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.
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.
------------------------------------------------------------------------------------
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.
Friday, June 19, 2009
The bond issue
News,
Reuters:
California to miss budget deadline, "meltdown" nears
The state of California is broke as a joke and not half as funny. Commissar Schwarzenegger went to the Federal government for a bailout. Though it was rejected...Reason? If the Treasury bails out California, it will have to bailout other states. 41 States are facing "budget shortfalls" aka no money.
Obama To California: Drop Dead
So our government will bail-out banks, but not states...How neat.
------------------------------------------------------------------------------------
Bonds, lots of Bonds.
Bloomberg:
Suitcase With $134 Billion Puts Dollar on Edge
This is the most fascinating scandal yet. Two Japanese nationals were caught going from Italy to Switzerland, with 134 Billion Dollars in US bonds...If the bonds are real and not counterfeit, then that makes these two, the US's 4th Largest creditor after China, Russia, and Japan. They were trying to get into the freeport of Chiassco. The Freeports in Switzerland are legal no-man's land. They are places filled with exotic art, gold, ancient artifact, weapon, and drug traders. All transactions occur via a third party, they are veritable treasure troves.
Sooo. If the Bonds are real, then it looks like Japan was trying to dump its bond holdings privately. If the Bonds are fake, then some one has got some nuts. Both cases are bad for the dollar. 1. Huge amounts of counterfeit notes floating around could prove disastrous. 2. Anyone dumping that amount in US bonds, would shake the bond market to its core.
Either way this is an interesting development.
Market Watch:
Traders prep for $104 billion in auctions next week
Remember, we have to sell around 200billion bucks in bonds every month to finance our 2 trillion buckeroo deficit.. The Fed has continued to buy treasuries, because they have to. If these auctions don't go off well we will be in trouble fast. Since March the Fed has bought around 170billion in bonds from the treasury. That means, that the FED created around 170billion to buy US debt. The collateral on these bonds is you, me and any children we may or may not have.
The Fed has bought nearly $170 billion Treasurys since it kicked off the buying program in late March
Lets be realistic, how long can they keep this up? They can keep printing the money....right? Right into oblivion. Weird eh? The implications are fearful to contemplate.
------------------------------------------------------------------------------------
Interesting side notes:
Wall Street Journal:
Google Invests $2.6 Million in Genetics Company
USA Today:
Drugs found in drinking water
Icelandic Demolition man. They were going to take his home, sooo he decided he'd have the last laugh. That and Icelandic sounds neat, its really close to old norse. An interesting side-note, modern Norwegians can't read and understand their ancient chronicles without a dictionary, (like us trying to read middle english) but Icelanders have no problem. They were isolated linguistically that long ago. Fascinating eh?
Prov.
14:10
The heart knoweth his own bitterness; and a stranger doth not intermeddle with his joy.
With Love,
Joshua F.
Reuters:
California to miss budget deadline, "meltdown" nears
The state of California is broke as a joke and not half as funny. Commissar Schwarzenegger went to the Federal government for a bailout. Though it was rejected...Reason? If the Treasury bails out California, it will have to bailout other states. 41 States are facing "budget shortfalls" aka no money.
Obama To California: Drop Dead
So our government will bail-out banks, but not states...How neat.
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Bonds, lots of Bonds.
Bloomberg:
Suitcase With $134 Billion Puts Dollar on Edge
This is the most fascinating scandal yet. Two Japanese nationals were caught going from Italy to Switzerland, with 134 Billion Dollars in US bonds...If the bonds are real and not counterfeit, then that makes these two, the US's 4th Largest creditor after China, Russia, and Japan. They were trying to get into the freeport of Chiassco. The Freeports in Switzerland are legal no-man's land. They are places filled with exotic art, gold, ancient artifact, weapon, and drug traders. All transactions occur via a third party, they are veritable treasure troves.
Sooo. If the Bonds are real, then it looks like Japan was trying to dump its bond holdings privately. If the Bonds are fake, then some one has got some nuts. Both cases are bad for the dollar. 1. Huge amounts of counterfeit notes floating around could prove disastrous. 2. Anyone dumping that amount in US bonds, would shake the bond market to its core.
Either way this is an interesting development.
Market Watch:
Traders prep for $104 billion in auctions next week
Remember, we have to sell around 200billion bucks in bonds every month to finance our 2 trillion buckeroo deficit.. The Fed has continued to buy treasuries, because they have to. If these auctions don't go off well we will be in trouble fast. Since March the Fed has bought around 170billion in bonds from the treasury. That means, that the FED created around 170billion to buy US debt. The collateral on these bonds is you, me and any children we may or may not have.
The Fed has bought nearly $170 billion Treasurys since it kicked off the buying program in late March
Lets be realistic, how long can they keep this up? They can keep printing the money....right? Right into oblivion. Weird eh? The implications are fearful to contemplate.
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Interesting side notes:
Wall Street Journal:
Google Invests $2.6 Million in Genetics Company
USA Today:
Drugs found in drinking water
Icelandic Demolition man. They were going to take his home, sooo he decided he'd have the last laugh. That and Icelandic sounds neat, its really close to old norse. An interesting side-note, modern Norwegians can't read and understand their ancient chronicles without a dictionary, (like us trying to read middle english) but Icelanders have no problem. They were isolated linguistically that long ago. Fascinating eh?
Prov.
14:10
The heart knoweth his own bitterness; and a stranger doth not intermeddle with his joy.
With Love,
Joshua F.
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