Another Day in the Unfolding Crisis

Tuesday, October 7 was designated as a significant day by the forecasters at HalfPastHuman. I've recently become aware of their work through George Ure's UrbanSurvival website, and his subscriber newsletter, Peoplenomics. For over a year they have designated this date as the beginning of a "release" as significant as the events of 9/11, but with about a 6-month duration instead of 10-days. So while I was making coffee I turned on the TV.

The first thing I saw was an excited talking head announcing that for the first time (ever?), the Federal Reserve would start lending money directly to corporations! Wow!! Pretty good start for a day that marks a turning point. The Fed also plans on helping small businesses.

Ure says what we may be seeing is a 6-month "crashcade" financial events that could easily be punctuated by political and military surprises. So let's see what else happened or was noticed today that might be noteworthy.

• The Pope says the world financial system is built on sand. We know what happens to houses sitting on this foundation.


• The Department of Health and Human Services entered into the Federal Register emergency powers to be enacted in an "anthrax emergency." The Secretary says these powers are necessary at this time because he has "determined there is a credible risk that the threat of exposure of B. anthracis and the resulting disease constitutes a public health emergency." Hmm. Thankfully, if you need antibiotics, the US Postal Service will deliver them to your home!


• Mainly of note in Oklahoma, Judge David Russell again supports the Demopublican monopoly by denying injunctive relief from the state's draconian ballot laws to allow Libertarian Bob Barr ballot access. Russell has consistently made decisions in favor of restrictive ballot laws. Why confuse Okie's with bothersome choices?


• The Dow Jones dropped over 5%, making the 29% drop in 2008 the worst plunge in 71 years. This is apparently a trend that can't be stopped by bailouts or other stopgap measures. One Elliot Wave theorist says that investors have reached a "recognition point" of a downtrend that hasn't reached anywhere near its bottom.


• Retirement funds have reportedly lost $2 Trillion in the last 18 months, about 20% of their value. (18 months ago gold was just under $700 an ounce. Did you think it was "too expensive" then?)


• October is the traditional month of financial crashes, and we haven't seen anything approaching panic yet. Hope you're not still holding on. Mad man Jim Cramer publicly advised investors to sell their stocks! Watch out for those MainStreamMedia alarmists.


• AIG executives spent almost $500,000 on a retreat at an exclusive resort a week after their bailout by the taxpayers. I'm sure they needed a rest after all they've suffered.


• Banks are failing/being bailed out all over Europe putting the European Monetary Union in jeopardy. Iceland and Pakistan face bankruptcy.


• The LIBOR spread tells us the worst is yet to come.


• Britain's largest banks will be partly nationalized October 8.


• Britain and many other European countries had their worst stock market drops in history.


• Even Brazil and Russia are getting caught in the tsunami.
• Jim Sinclair continues to urge everyone to protect their investments in metals and commodities by taking physical possession of their stock certificates or putting them into the name of the transmaking sure they're in a real custodial account, and not street name at the brokerage.
• The US Mint has stopped production of some gold American Eagles, while the rest are on strict allocation. There's a "shortage" in gold blanks, you see. You understand, don't you? The price of paper (derivative) "gold" has separated significantly from the price of physical (real) gold. The banksters can, and do, easily manipulate the price of paper "gold." [If you don't have any gold or silver yet, you'd better get some as a longer term store of value, along with several months' supply of cash, food, batteries, prescription drugs, seeds, etc. that you might need in a time of turbulence. There's a good reason Bush has brought an entire brigade back from Iraq for stateside domestic patrols. We might even see the introduction of the Amero and the North American Union as the doomed dollar continues to plummet and lose its reserve status.]

As we get a little more distance on last Friday's bailout vote, more evidence accumulates that not only will it not help, but that it may be the biggest heist ever pulled in broad daylight. Millionaires and billionaires are getting their fortunes saved, while the taxpayers are getting the shaft. Did you realize that the large banks, investment banks and brokerages are huge contributors to McCain and Obama? You can be sure that they have also paid well for their access to the Senators and Congressmen who sold us out last week.

One observer said America is like an elephant that's been shot between the eyes. The hunters have made off with the tusks, and the rest of the jungle is fighting over the remains. A sampling of the analysis: BAILOUT: America's Financial Ruin, All Fall Down, Pigs at the Trough and Republicide. Please vote against ANY Congress Critter or Senator who voted for the bailout in November.

What's ahead? Thursday is "D-Day," as Lehman Brothers Credit Default Swaps are auctioned off. Might be the straw that breaks the camel's back. Then, again, it might not. I keep seeing phrases being used about various aspects of our financial crisis like "looking into the abyss," "approaching the brink," "crash," "collapse," "bank failures," and the like. Using another metaphor, how many bullets can we dodge?

MUST READ!! We Ain't Seen Nuthin' Yet!

Just before I was to post what follows below, I got this interview done Oct. 4. Listen. It fits with everything I'm picking up. Do what you can Sunday and Monday to prepare. It's hitting the fan, folks! God help us!
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Billionaire Treasury Secretary Henry Paulsen got his Fat Cat Bailout for his Wall Street bankster friends. The cost of bailouts so far is up to $1.8 Trillion! Rep. Brad Sherman reported that Congressmen were warned that the consequences of not passing the bill would be dire, including the imposition of martial law. I saw many commonsense, less draconian measures that could have helped. They were all ignored in favor of the pork-laden mess we got.

Paulsen has been given the powers of a financial dictator, making our government more overtly fascist than before. He will have the power to choose who lives financially and who dies. (Hint: Goldman Sachs, the former employer of Paulsen and Robert Reich, Treasury Secretary under Clinton, will live.) Moreover, the entitlement guillotine blade of unfunded liabilities in the range of $70-100 Trillion will start its deadly fall as more Baby Boomers reach retirement age. That event is the ultimate limit to the US economy as we know it, and to the legitimacy of the American government.

Nevertheless, the financial tsunami "perfect storm" is gaining intensity. One interesting analysis compares this crisis to a "pre-planned . . . financial 9-11." I expect the end to come before then.

One of the hidden provisions in the final bill is one giving the IRS expanded powers to run undercover operations to force compliance. This is just another tool of social control like the Patriot Acts, Military Commissions Act, REAL ID, etc. whose unstated purpose is to control Americans and suppress opposition to the government.

The financial bubble, which began with the founding of the Federal Reserve Bank 95 years ago, is bursting in spectacular fashion. The age of American supremacy is over. Most Americans just don't realize it yet. But the rest of the world does. Since the US Dollar is the world's reserve currency, and since all the bailouts (many more coming) will destroy the value of the dollar, there's lots of talk about designating a new world reserve currency.

My prediction that the dollar will be toast by 2013 (100th anniversary of the Fed) will probably prove to be conservative. The US seems destined to follow in the steps of the Weimar Republic. Sadly, the PTB will probably get us into another world war to cover their tracks and misdirect the blame for our woes.

I'm getting lots of emails from people who advocate voting against every Congress Critter who voted for the bailout. This video points out that many Senators received huge contributions from Goldman Sachs and commercial banks, including McBama Ocain. The only way we can hold our elected representatives accountable when they vote against the will of the people they're supposed to represent, is to vote them out. Regardless of party. I agree. Here's the roll call vote record. Spread the word.

Lately I've become intrigued with the Urban Survival web site. Not only am I checking the news section of their site daily, but I've subscribed to their newsletter at http://www.peoplenomics.com/. Here's a fascinating interview with their software developer, Cliff High. You can download an mp3 file, or read the transcript.

I find the idea of advanced linguistic analysis performed on data compiled a web bot to make forecasts from "the future leaking into the present" fascinating. Evidently, he's had some incredible predictive success. For more than a year his work has been forecasting a major event around October 7. This dovetails with lots of buzz about possible bank closings, terrorist attacks, etc. I hope he's wrong, but I'm acting as if he's not.

Monday, I repeat, Monday, it would be prudent to get a month's worth of cash, extra basic foodstuffs, batteries, water, fill your gas tank, etc. When I was a Boy Scout, our motto was "Be Prepared." Still good advice.

Grace and Peace and Courage be with you!

We Must Win the Battle of Financial Armageddon

Flash! The bailout is all about shipping the US taxpayers' money to foreign debt holders! Watch this 8-minute video.

And, get this, US Congressman says they have been threatened with martial law in the US if the bailout is not passed! The "shock doctrine," fear-mongering is the constant method used to stampede the people into supporting the loss of their freedom.

The Senate caved in the the Fat Cat Bailout Wednesday night. So, please call your Congressional Rep and ask them to vote "no" tomorrow. Our calls worked Monday, and they can work again. Here's where to get the information.

And here's why:

The battle of Armageddon is the prophesied future biblical event in which the forces of evil battle the forces of good to determine the future of humankind. So it is only a slight overstatement to call the battle to defeat the Fat Cat Bailout, or No Banker Left Behind Act (thanks DFR), the people's financial Armageddon.

This act, which has grown from a 3-page set of talking points to a 450-page Congressional $850 Billion wet dream. Who knows what hidden land mines, or "wooley buggers" we used to call them, are in this bill. Just like the Patriot Act that was sitting on the shelf waiting for the right opportunity to be trotted out, so must much of the Senate version. It still sets up the Secretary of the Treasury as our unaccountable financial dictator and ensures the enslavement of the American people to foreign investors and governments. European leaders are calling on Congress to rush through this law in an act of "statesmanship" to save their countries.

Perhaps it is a fitting end to the American Empire ("superpower" rings a little hollow, don't you think?) that our consumers who have ridden so high on the hog on borrowed money and hubris will end up in chains of financial bondage as future generations labor to pay off our debts.

This is a putsch, a power grab, pure and simple. Once Paulson has the power to control every aspect of our economy, our enslavement will be complete. Think about that. He will have control over all banking, mortgages, insurance and credit. Pretty close to control over the power to "buy and sell," isn't it? Give him the international biometric ID system the REAL ID Act will impose, and everything necessary for a literal "mark of the beast" system is in place.

Paulson's former (wink, wink) employer, Goldman Sachs, is one of the last "investment" banks standing on Wall Street. Surprise, surprise! Paulson's Fat Cat Bailout, even smeared with the lipstick of so-called "sweeteners" to bribe the naive taxpayers, is still a bad deal for Main Street. It is "Bankers' Socialism", a way to socialize the costs of failure onto the public, and privatize the profits to the bankers.

Paulson was one of the main architects of the securitization revolution that is now eating its young. Now it appears he's trying to preserve the obscene profits and companies of those who benefited most by the credit fiasco. His conflict of interests in the bailout is huge.

The pressure on Congressional Reps who voted "No" on the first bill must be immense. Yesterday, a group of 20 or so Oklahoma millionaires/billionaires issued a joint statement calling on the holdouts to "do the right thing." Since money is the "mother's milk of politics," and since these are the people who control the majority of the so-called contributions to political campaigns, it will take a truly principled politician of the caliber of Ron Paul to stand up against them. I'll be surprised if any Oklahoma reps are left standing. Only those with close races will be allowed to keep their "no" votes so they don't jeopardize their elections.

Many have alleged world domination and control by "international bankers" over the years.If we knew who the private owners of the Federal Reserve Bank are, I'm sure we'd see Goldman Sachs and their cronies right in the middle of it. Conspiracy or not, events are happening as if there is.

Paul O'Neil, Bush's first Treasury Secretary, calls Paulson's Fat Cat Bailout "crazy." He has some sound ideas for a solution, but can't even get his calls returned by Congressional leaders. O'Neill and many others have lots of sound ideas to help mitigate the crisis that will not create a financial dictator and pay off Paulson's friends. But those are NOT the ideas being proposed by Congress.

Bob Chapman warns the bailout won't work, and "the system will implode." He makes a good case that the 777 point drop in the Dow after the first bill was defeated Monday was the Plunge Protection Team's way of scaring the people into lowering their opposition.

Catherine Austin Fitts gives "Ten Reasons Not to Bail Out Wall Street."

Even George Soros is against the bailout. He says it is "ill-conceived."

And John McCain "always aspires . . . to be a dictator." Oh, it was a joke? He wasn't laughing. What do you think?

And did you know that while the magicians in Congress were distracting the people with this misdirection, they slipped through a mere $488 billion spending bill to continue funding the wars in Iraq and Afghanistan? Never mind the British have pulled out of Iraq and think Afghanistan is a lost cause.

If you are so inclined to look at prophecies that result from prayer, you might want to look at this one. I don't know him, but I wouldn't find any of these things surprising, if they happen soon. I'm not saying they will, but I wouldn't be surprised. I just started subscribing to the weekly newsletter (http://www.peoplenomics.com/) based on the web bot intelligence gathering software described in this prophecy. They're projecting a shock and awe event like 9/11 to happen around October 7. We'll see. In the meantime, I'm topping off my gas tanks, getting some cash, beans and rice, basic supplies, etc. Can't hurt to be prepared to ride out a disruption. Jim Sinclair just recommended the same.

The Thing That Won't Die

The taxpayers won the first battle with the Fat Cat Bailout. But like most horror movies, the monster is not dead. One battle victory does not win a war. Congress will vote on a revised bailout bill Thursday. They're throwing a few superficial bones to taxpayers, but not changing the most onerous parts.

The Demopublican establishment and their Mainstream Media lackeys are applying the full court press. The McBama Ocain puppet, up to its eyeballs in Wall Street, Fannie Mae and Freddy Mac money, is pitching the Fat Cat Bailout at every campaign appearance. All the PTB has to do is twist 12 arms with enough bribery or threats.

Since Big Money controls most Senators and Representatives, and since PTB have the ability to threaten loss of funding for special projects, military bases, and even worse, it will take an all out effort by taxpayers to hold their Congresspeople in line. This is no time to sit back in distracted apathy!

Please call your Congressperson today! If they voted against the Bailout the first time, thank them and ask them to hold the line again. If they voted for it, ask them to vote against it this time. Here's all for all the information you need about this -- phone numbers, how they voted, etc. We've already seen how making your views known can kill this bailout. When politicians feel the heat, they see the light!

Alex Jones noted today that every major TV show was spouting the same talking points in favor of the "new and improved" version of the Fat Cat Bailout, now called a "rescue." They're going for the jugular, with blackmail using the fear factor to threaten our IRAs, pensions and 401-Ks. Don't fall for it.

Folks, depression or deep recession is already in the cards. There will be pain. The only question is how we can minimize the pain and get over it quickly, while retaining what's left of our freedom. If we lose our freedom, all we really care about will be lost.

The worst part of the Fat Cat Bailout is that "Treasury Secretary Paulson wants the absolute, unchecked and unlimited authority to buy or sell ANY mortgage related asset at ANY price he deems 'appropriate.' The man asked Congress to
a) Give him a $700 billion blank check, and
b) Let him be a law unto himself.

Lest we forget how much $700 billion is, the entire Department of Defense has the largest budget by far of any government agency -- the dollar figure was $479.5 billion for FY2008. Can you imagine the Secretary of Defense asking for the authority that Paulson wants? [Here's another view of what $700 billion can do.]

Whatever deal (if any) the Congress reaches, nothing in it matters more than whether Paulson got the degree of authority he asked for."

Paulson, who is reported to have walked away from Goldman Sachs with several hundred million dollars, would get a blank check and unconstitutional, unlimited power to do do whatever he wants to! Ben Stein shows the absurdity of this situation and proposes more commonsense measures. And you won't believe how they came up with the figure $700 billion!

Lest you find yourself being swayed by all the fear-mongering, see why Lew Rockwell says the defeat Monday of the Fat Cat Bailout is not only the precondition for a speedy readjustment and recovery, but also to maintain our freedom.

Harvard economist, Jeffrey Miron, was one of the 166 economists who sent a joint letter to Congress opposing the bailout. He writes that "In contrast [to bankruptcy], a bailout transfers enormous wealth from taxpayers to those who knowingly engaged in risky subprime lending. Thus, the bailout encourages companies to take large, imprudent risks and count on getting bailed out by government. This 'moral hazard' generates enormous distortions in an economy's allocation of its financial resources."

Main Street is finally telling Wall Street they're mad as hell and not going to take it any more! For more pertinent information on the real nature and dangers of the Bailout, see here, here, here, here, here, here, here, here, here and here (speculative, but plausible).

Perhaps you heard about how Nancy Pelosi imposed martial law in the House of Representatives to ram through the Monday vote in less than the required time. It's bad enough that too many elected officials don't read the bills, but when the leadership won't even give them time to read and consider them, you know we're in trouble.

Speaking of martial law, the announced stationing of US Army troops for stateside patrols is generating lots of concern. Bush's successful efforts to do away with the Posse Comitatus law prohibiting the use of the military for domestic duties was not done to combat "terrorism." It was for martial law. Let your friends know about this.

Stop the Bailout! Act Today!!

**News Flash!** According to Sen. Shelby, the Demo bailout plan includes $billions to go to ACORN and other favored Obama community organizations for them to use to handout and buy votes in November!

This is it! If we are to save our country, please act today to stop the Bailout!

Please do not delay. The vote may happen Friday.

If the Bailout passes, freedom will probably never return to America.

Ron Paul has the best summary of this swindle engineered by Fat Cats, for Fat Cats. If the people of this nation rise up in numbers and say "Enough is enough!" then we have a chance. Support is anemic among the people, and many Senators and Congressmen are afraid to vote for it. Here's a comic strip that says it all.

Ignore the Mainstream Media. They are controlled by the same people who want the Bailout!

You can find the phone numbers of your Senators and Congressman here. Call NOW, not later. Tell them "no more bailouts for Wall Street crooks!" Then pick your most detestable boondoggle -- the wars, illegal immigration, etc. and tell them the madness has to stop! We're bankrupting our country and selling out our children's and grandchildren's futures.

If you need more ammunition, read "Wall Street's Trillion Dollar Swindle," "No Amnesty for Wall Street," and look here, here, here, here, here, here, here, here and here.

Here's Wolf Blitzer inverviewing Ron Paul. Paul deconstructs all the bogus arguments of Wall Street and Bush. Dr. Paul is perhaps the only person in Congress who understands what the problem really is. He says we can have a year or two of pain with no, or a decade of pain and loss of our freedom with the Bailout.

Please act today. Every phone call counts! Turn up the heat to they will see the light!! The future of America really does depend upon it.