Tag Archives: inflation

Dr. Mercola with Catherine Austin Fitts Dealing with Financial Control

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The Great Taking

Analysis by Dr. Joseph Mercola
  • Central bankers and other globalists have carefully planned the coordinated takedown of the financial system using highly sophisticated strategies, including the manipulation of derivative markets. Whatever securities you believe you may own, you’re not the actual owner of, and when the derivative markets collapse, everything can be taken from you
  • While Webb’s work raises serious concerns, there are other more pressing issues that need our attention. Priority No. 1 is ensuring we have control over our financial transactions. We need to help state legislators to protect financial transaction freedom
  • North Dakota has a sovereign state bank, and the Florida State Legislature is getting ready to introduce legislation for state banking in the state of Florida. All states need to do this, as it’s one of the primary ways to protect the financial freedom of all citizens
  • Priority No. 2 is building and securing food freedom, and No. 3 is transparency and education. We need to educate people about the severity of what’s coming, so that we can, en masse, begin to make different choices

The video above features repeat guest Catherine Austin Fitts, a finance expert, and founder and president of the Solari Report. She’s one of the wisest persons out there when it comes to understanding finances and how to protect your wealth in the face of this global wealth transfer.

We also discuss the work of David Webb,1 a former hedge fund investor and a good friend of Austin Fitts. He has written a book called “The Great Taking,” available for free as a PDF from thegreattaking.com, as well as a documentary by the same name, available on CHD.TV, Rumble and YouTube.

Webb’s book and film detail how the Federal Reserve influences financial markets, and how its money creation has outpaced economic growth of the U.S., which is a huge red flag indicating that the velocity of money (the rate at which money is circulating through the economy) is collapsing. In short, a major financial depression is at hand, and when it all falls apart, we will lose everything.

A Financial Coup Is Underway

Webb reveals how central bankers and other globalists have, for at least five decades or more, carefully planned the coordinated takedown of the financial system using highly sophisticated strategies, including the manipulation of derivative markets.

Whatever securities you believe you may own, you’re not the actual owner of, and when the derivative markets collapse, everything can be taken from you. At the end of it all, you truly will “own nothing,” as predicted/promised by the World Economic Forum (WEF).

But there’s more. In her annual wrap-up, Austin Fitts reviews what she calls “The Many Great Takings,” because Webb only describes one of them. Wealth is also being stolen from us in dozens of other ways, and we need to understand them all if we are to protect ourselves with any amount of success.

“My focus is hugely on remedies, not problems,” Austin Fitts says, “and when it comes to remedies, you want to make sure you sequence your remedies against the enemy’s various tactics. So, sequencing is very, very important when it comes to remedies.

The important thing to understand about the great taking is that the World Economic Forum has told you what they’re planning: It’s 2030 and you have no assets. So the question is, exactly how are they going to strip you of your assets?

What David is talking about is stripping you of your securities, but you need to worry about far more than just your securities. You need to worry about your bank, which he touches on and does a very good job of describing some of the history around banking. You have to worry about your real estate. You have to really worry about your precious metals and other currency alternatives.

You have to worry about your business and your local investments and then yes, you have to worry about your securities. David is focused on just securities, which is why we did this section called ‘The Great Taking’ that goes through everything.”

Top Three Priorities

While Webb’s work may raise serious concerns, there are other more pressing issues that need our attention. Priority No. 1, according to Austin Fitts, is ensuring we have control over our financial transactions. Her focus for 2024 is therefore to help state legislators in the U.S. to work with banks and citizens within its jurisdiction to protect financial transaction freedom.

“That’s where pushback is critical,” she says. “If they can get financial transaction control then they can take everything, and I mean, everything, including your children …

If you dive in and look at the terms and conditions that some of these payment gateways are asking for now … you’re giving them permission to go into your bank account and take everything. It’s frightening.

So, the No. 1 thing to remedy against is financial transaction control. If you go to Solari, we have something called a financial transaction freedom memo. Print it out and start looking at all the things you can do to protect yourself from somebody controlling your financial transactions.

If they get that, The Great Taking is on. They take everything — real estate, securities, everything. So first and foremost, don’t worry about your securities. Worry about your banking and your transactions.

The second Great Taking is … food and health. The push to control the food system is on because to control financial transactions, they also need to control food because, if you can get your food and energy outside the banking system, you can survive without their banking system. This is why we cannot allow a 100% digital financial system.

The third Great Taking I’m concerned about is the real estate, because we see an extraordinary move being done to take control of the land, the real estate, including farmland, which is very much related to the food.

There are all sorts of games that can be played with the banking system to default people on their mortgages, and of course, interest rates and inflation are part and parcel of that.”

As noted by Austin Fitts, the process of reducing the homeownership rate has been going on for decades. It’s related to monetary policy, because inflation has doubled the average payment on the median-price home in America over the last four or five years alone. So, the younger generation is being completely wiped out and cannot afford to buy homes.

It’s also related to another Great Taking, which is the fraudulent inducement of student loans. Most of the big banks are paying close to zero percent for their capital, while students with loans are paying 5% to 9%, and those with credit card debt are paying 17%. “It’s an extraordinary differential in the cost of capital that’s literally engineered into the system in a very unfair way,” she says.

A System to Rob Us of Our Security Assets

Austin Fitts goes on to review Webb’s background, and how he came to the discoveries he made. In summary, financial regulators have created a way, through the custodian system, of robbing 100% of the security assets as a senior creditor, most likely through a default of derivatives.

Austin Fitts is not overly concerned about this, though, because while Webb believes a legal pathway has been created through the Uniform Commercial Code (UCC), Austin Fitts and her experts don’t think it’ll stick. “We are still looking for a UCC expert who can figure this out,” she says.

What Webb has proven, however, is that there has been an extraordinary effort by the financial regulators to assert control of ALL collateral. Austin Fitts believes this was done to keep the financial bubble going.

“The reason I’m not worried about a grab of the securities in the near future is because I think the way you grab assets is by getting financial transaction control to the banking system,” she says. “Once you have that, you can do everything. You can take 100% of the assets, including securities. So, I think financial transaction control is coming faster.

I think in terms of sequencing, a grab of all the securities is not near. What David would say is, if they get themselves in a corner, they have to do it. My feeling is they have so many ways out of a corner, it’s not necessary. What they’re going to do is what I’ve seen them doing, which is pushing for financial transaction control.

But here’s what’s great about David’s research. No one goes through the bother of doing what they’ve done if there’s integrity in the system. I think David has proven, yet again, that the financial system is lacking integrity and is engineered to benefit a few at the expense of the many.

The other thing I thought was very good about his book was, he describes the game in terms of insiders and outsiders to the banking system through the Great Depression — how your bank could fold; you lose your deposits, but you’re still liable for your mortgage.

And of course, that’s how you get people’s real estate. You abrogate your income obligations to them, but then you hold them accountable for their debts.”

There’s No Safe Harbor for Anyone

It’s telling that Webb started this journey because he was trying to figure out how to protect his own family’s wealth only to, in the end, realize there is no safe harbor, not even for a financial insider like himself. The system is completely rigged from every angle. The sober realization is that there’s no getting away from this Great Taking.

We must face it head on, and do the work necessary to change the system so that it protects everyone. Part of that work is to make our political representatives understand what is happening, and that it is in their own self-interest to protect financial freedom.

Many of them are extraordinarily wealthy, and they too stand to lose everything if they don’t take action. They’re not insulated from this Great Taking. Like Webb discovered, there’s no safe harbor for them either. Webb’s contention is that the situation is salvageable, but we do need some kind of reset.

Just not The Great Reset the globalists have planned. One possibility would be to implement a small tax on digital transactions, like a fraction of 1%. The revenues generated from that transactional fee could fund the government, doing away with income taxes, provided we don’t have to engage in international wars.

Top Three Financial Drains

According to Austin Fitts, the top three things that are draining our wealth are:

  1. Tyranny
  2. The use of environmentally damaging processes like industrial farming instead of regenerative farming, the hardware required for the control grid and the electromagnetic field radiation that goes with it
  3. The control of innovation, which prevents cost savings

All three of these are alterable. We can eliminate these financial drains, but we can’t start there. First, we need to secure our financial transaction freedom, because everything basically hinges on that. If we lose that, we’ve already lost everything else.

Three Basic Action Items

Again, be sure to download Solari’s financial transaction freedom memo. It details the problems, and the solutions. “Do what you’re comfortable doing,” Austin Fitts says.

“One is using cash. And when you use cash, start talking with local businesses and find ways of interacting locally that will give you more local resilience. And of course, the big one is food, because I don’t know a way of getting food that is safe, other than knowing where it’s coming from and knowing the people who are producing it …

The third thing you can do is to bring transparency, and this is really important. If you go to Solari, we’ve put together a list of short videos on CBDCs and financial transaction freedom. The first one is the one-minute video of the head of the BIS basically saying we can make the rules centrally and enforce them centrally with CBDCs.

The second one is Neel Kashkari, head of the Minneapolis Fed, one of the 12 Fed banks, saying ‘I can see why the Chinese would want this because it gives you complete surveillance and control. But why would Americans ever let this happen?’ If it’s so bad that one of the Fed presidents is telling you you don’t want it, that’s very helpful.

Then we have Bo Li [deputy managing director of the] IMF talking about the programmability of money, so if they decide you can only eat bugs and no pizza, your money will only buy bugs. And then the last one is Richard Werner talking about a top central banker telling him that CBDCs, ultimately, will be a chip that they want to put in your hand.

We need to tell people what’s going on and help them understand how serious this is, because it’s hard for many to fathom that somebody would want that kind of complete control. With AI and software, you can deliver that kind of complete control.

With a very short video, one minute or less, people get it. And that’s the point at which you can turn to your state legislators and your state banking association and say, ‘OK, what are you guys going to do to make sure I don’t end up like the Tennessee truckers?’

What’s very interesting … the states have the power to assert complete sovereignty over the money and the cash flows within their area, and to protect them. Now, they haven’t done it. And one of the reasons they haven’t done it is the Treasury and the central banks have been very good at making it financially attractive to buy into the federal system.

[Eventually], it’s going to be more important to be sovereign and free than to get another $2 billion in education — an education that requires you to teach your kids how to be sex slaves.

So, one of the things you can do bring transparency, but start working with your bankers, with your State Bankers Association, your state legislators, and encourage them to take the steps. And if you look at the Financial Transaction Freedom memo, we list all the different things that a federal legislator can do.”

Why We Need Sovereign State Banks

North Dakota already has a sovereign state bank, and the Florida State Legislature is getting ready to introduce legislation for state banking in the state of Florida. Tennessee is looking at ways to create independent payment systems, and is in the process of starting a Bullion Depository and authorizing their treasurer to start buying gold and silver.

These are just some of the strategies that can, and need, to be implemented by all states. As noted by Austin Fitts, “The only way I can protect my individual sovereignty is if my state protects my financial sovereignty.” And states can do that by implementing sovereign state banks that are not tied to the central banking system.

“If you have a sovereign state bank, what that means is, your citizens are paying taxes into your accounts, and you have the ability, working with the state banks and credit unions and financial institutions, to keep the transactions going so that the Treasury or the central bank can’t lock you down or shut you down.

I mean, that is amazing. If you also have a bullion depository, then you’ve got gold and silver reserves and that makes it easier for other people in the state to have a depository they can trust, and that means they can start doing transactions with gold and silver, particularly if you take the sales tax off.

Tennessee has taken the sales tax off golden and silver. And there’s a big squabble now — several states have put in bills making gold and silver legal tender, but do it in a way where the Feds can’t charge capital gains, so that you can use gold and silver as currencies locally. It’s a great way to start a local currency.”

A Building Wealth Reset

In conclusion, what we need to do, first and foremost, is to regain and safeguard our control of our financial transactions. Next, we need what Austin Fitts refers to as a “building wealth reset,” a reset of the financial system that allows us to build both living equity (health) and financial equity.

And we can do that. While it may seem as though we’re on a speed train headed for a brick wall, and that we have no way to get off, that may simply be an illusion. We probably have far more choice than we think.

“During my litigation [against the government], I had many different attorneys, and they would surround me and say, ‘You have to do this, you have no choice,’” Austin Fitts says.

“And I would say ‘I refuse. I’m not going to do that.’ That’s a choice. And then, what would happen? Suddenly, an option would open up that wasn’t there before. In other words, my refusal to go down the pathway that I had no choice created a new choice.”

Remember that as you move forward. Refusing to be part of the system may seem impossible, but the very act of making the choice to refuse may be the very thing that opens up brand new possibilities and options. Certainly, there are paths to victory, beginning with getting state leadership to get onboard with sovereign state banking.

from:    https://articles.mercola.com/sites/articles/archive/2024/03/24/david-webb-the-great-taking.aspx?ui=f460707c057231d228aac22d51b97f2a8dcffa7b857ec065e5a5bfbcfab498ac&sd=20211017&cid_source=dnl&cid_medium=email&cid_content=art2HL&cid=20240324_HL2&foDate=true&mid=DM1547304&rid=2077843189

Following The Plan

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The “Scariest Paper Of 2022” Reveals The Terrifying Fate Of Biden’s Economy: Millions Are About To Lose Their Job

BY TYLER DURDEN
SATURDAY, SEP 10, 2022 – 12:11 PM

For much of the past year (and certainly at the time, more than a year ago, when the so-called experts, central bankers and macrotourists were still yapping about “transitory inflation” and other things they were wrong about and do not understand), we were warning that at some point the Fed will realize that it is simply impossible to contain supply-driven inflation through stubborn rate hikes which instead would lead to a dire alternative – millions in mass layoffs and newly unemployed workers …

… and will revise its 2% inflation target higher, a move which will send every risk asset – from high-beta trash and meme stonks, to blue-chip icons, to bitcoin and cryptos limit up.

To remind readers of this coming phase shift, we most recently warned in June that “at some point Fed will concede it has no control over supply. That’s when we will start getting leaks of raising the inflation target“…

Well, it turns out that we were right, and not just about the coming mass layoffs, but also about the inflation target leaks. But first, lets back up a bit.

A little over one year after nobody expected the Fed would be hiking rates like a drunken sailor until some time in late 2023 or 2024, it has now become fashionable to not only predict that the Fed will keep hiking rates at every FOMC meeting and at the fastest pace since the near-hyperinflation of the 1980s, but that the central bank will somehow manage to avoid a hard landing (i.e., the hiking cycle won’t end in a recession or depression), even though every single Fed tightening cycle since 1913 has ended in disaster.

An example of this was the statement by former Fed vice chair (and PIMCO’s “twice-revolving door”) Rich Clarida, who told CNBC that “failure is not an option for Jay Powell,” adding that “I think they’re going to 4% hell or high water. Until inflation comes down a lot, the Fed is really a single mandate central bank.”

Of course, if one could hike rates in a vacuum that could work – after all, Clarida himself, who admits he got this year’s soaring inflation dead wrong when he was still a daytrading god and part oft he Fed in 2021, said that the Fed may as well have just one mandate, namely to tame inflation. But what so few seem to recall is that the Fed is “hiking to spark a recession“, or as CNBC’s Steve Liesman put it, there is no such thing as “immaculate rate hikes” meaning that rate hikes have dire tradeoffs in other sectors of the economy. In other words, if the Fed’s intention is to spark a recession, it will spark a recession… leading to millions of Americans losing their jobs, something which even Elizabeth Warren appears to have grasped.

Yet due to the recency bias of Biden’s trillions in stimmies, and a world where workers – whether working form home or the office – have virtually all the leverage, few today can conceive of a world where inflation is zero or negative and is instead replaced with millions in unemployed workers, an outcome which one could (or rather should) say is even worse for the ruling democrats than roaring inflation. At least, with runaway prices, most people have a job and their wages are rising (at least nominally, if not in real terms).

However, the higher rates rise, the closer we get to that inevitable moment when the BLS – unable to kick the can any longer – admits what has been obvious to so many for months: the US is facing a labor crisis of epic proportions with millions and millions of mass layoffs. And for those to whom it is not yet obvious, we urge to read a WSJ op-ed published by none other than Jason Furman, who is not some crackpot republican but Obama’s own top Economic Adviser from 2013-2017 and currently economic policy professor at Harvard.

In “Inflation and the Scariest Economics Paper of 2022“, Furman summarizes a paper written by Johns Hopkins macroeconomist Larry Ball with co-authors Daniel Leigh and Prachi Mishra of the International Monetary Fund released by the Brookings Papers on Economic Activity, whose conclusion is as follows: “To bring price increases down to 2%, we may need to tolerate unemployment of 6.5% for two years.”

In other words, just as we said, inflation – much of which is supply-driven, which the Fed can do nothing about – will force the Fed to crush the economy by keeping rates for much longer, the result of which will be many millions in unemployed workers, or as Furman puts it, the paper “shows why the Federal Reserve will likely need to maintain its war on inflation, even if unemployment continues to rise.”

What is more remarkable about Furman’s read of the economist paper is that in addition to its primary theme (the lack of labor slack, or labor tightness, is responsible for some 3.4% of underlying inflation in July 2022), the paper admits precisely what we have been saying all along – that the Fed can’t control supply-side variables:

The paper also argues, convincingly in my view, for a different measure of underlying inflation. Fluctuations in energy and food prices are generally due to factors outside the control of macroeconomic policy makers. Geopolitics and weather have elevated the inflation rate in recent years. Plunging gasoline prices are temporarily lowering the inflation rate now. That’s why economists since the 1970s have focused on “core” inflation, which excludes food and energy.

But food and energy aren’t the only things people buy that are subject to supply-side volatility. Prices of new and used cars, for example, have gyrated over the past two years for reasons that are mostly unrelated to the strength of the overall economy. Both regular and core inflation are based on taking averages of price increases and can be distorted by large changes in outlier categories. The median inflation rate calculated by the Federal Reserve Bank of Cleveland drops outliers to remove these distortions.

According to Furman, median inflation – which is a statistically better measure of the underlying inflation that policy makers can actually control – is well above the Fed’s preferred headline inflation print (which fell to zero in July on a sequential basis and has stabilize) and shows no sign of moderating and has run at a 6.6% annual rate in the last three months.

But the “scariest” part of the new paper, Furman reveals, is when the authors use their model to forecast the unemployment rate that would be needed to bring inflation down to the Fed’s 2% target. He explains why this is so scary:

The authors present a range of scenarios, so I ran their model using my own assumptions…  Under these assumptions, which are more optimistic than the authors’ midpoint scenario, if the unemployment rate follows the Federal Open Market Committee’s median economic projection from June that the unemployment will rise to only 4.1%, then the inflation rate will still be about 4% at the end of 2025. To get the inflation rate to the Fed’s target of 2% by then would require an average unemployment rate of about 6.5% in 2023 and 2024.

Where is unemployment now: it’s 3.7% (6.014 million unemployed workers vs 164.746 million civilian labor force). This matters, because according to one of the most erudite economist Democrats, by the end of the Biden admin in 2024, the unemployment will have to soar to 6.5% for inflation to plunge to the Fed’s historical target of 2.0%

What does this mean in absolute numbers? Assuming a modest increase in the US labor force, a 6.5% unemployment rate in 2024 would translate into no less than 10.8 million unemployed workers, an 80% increase from the 6 million today!

Still think that politicians – and especially Democrats – will sit quietly and blindly ignore how high the Fed is hiking rates if it means that to normalize inflation back to 2% it means nearly doubling the number of unemployed Americans (and a crushing recession to boot). Spoiler alert: no, they won’t, and this may be one of the very rare occasions when Elizabeth Warren is actually right to worry about what the coming mass layoff wave means for Democrats… and the 2024 presidential election.

So what should the Fed do? Well, according to Furman, the Fed has four options:

  1. First, place more emphasis on the ratio of job openings to unemployment and median inflation as it assesses the tightness of labor markets and the underlying rate of inflation.
  2. Second, the new paper shows how much easier it will be to tackle inflation if expectations remain under control. The Fed should follow up on Chairman Jerome Powell’s tough talk at Jackson Hole with meaningful action such as a 75-basis-point increase at the next meeting.
  3. Third, be prepared to accept the unemployment rate rising above 5% if inflation is still out of control.

While we doubt #3 is actionable, what is more remarkable is Furman’s final proposal: it’s the one that, like the Dude’s proverbial rug, ties the room together and sets the stage for what is coming:

Finally, stabilizing at a 3% inflation rate is probably healthier for the economy than stabilizing at 2%—so while fighting inflation should be the central bank’s only focus today, at some point the Fed should reassess the meaning of victory in that struggle.

And just in case his WSJ proves too complicated for some mainstream experts and economists, here it is in truncated, twitter format:

And there you have it: remember what we said on June 21: “At some point Fed will concede it has no control over supply. That’s when we will start getting leaks of raising the inflation target.” Well… there it is.

And while mainstream economists and the market may require quite a few months to grasp what is coming, it is the only way out of a crisis of commodities – as Zoltan has repeatedly and correctly put it – and which central banks have no control over, and thus will have to move not only the goalposts but the entire football field to avoid a social revolt or something even scarier.

While we wait, we can’t help but snicker at what the 79-year-old figurehead in the White House tweeted today…

… because what Biden calls “the strongest economic recovery in recent history” is – even according to Democrats – about to be the biggest economic disaster in modern history.

from:    https://www.zerohedge.com/economics/scariest-paper-2022-reveals-terrifying-fate-bidens-economy-millions-are-about-lose-their?utm_source=&utm_medium=email&utm_campaign=914

Digital $$$ – Get Physical Assets

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Via Greg Hunter’s USAWatchdog.com,

Investment advisor and former Assistant Secretary of Housing Catherine Austin Fitts says big change is ahead of the world, and “nothing will ever be the same.”

Fitts lays out the so-called “reset” you’ve been hearing about for the past few years and says,

“We are in the process that I would recall is a global reset. The entire financial system is being reset. There are two aspects of this: One is extending the old system, and the other is bringing in the new system. It’s very much being done on the fly by trial and error, but the new system is 100% digital.”

The new system, according to Fitts, will be a top down control system where “tyranny” will be the key feature. Fitts predicts,

“If you look at the tyranny they are working on delivering, I don’t think most people realize how hideous some of their plans are. So, the tyranny that’s coming and the printing that’s coming is greater than anything we have seen so far…

The Fed started a new round of QE in March, and if you look at the extent of that, it is extraordinarily inflationary. That’s because this time around, the Fed is not just doing $3 trillion in QE. What the Fed did in three or four months, what it took them to do in three to five years during the so-called financial crisis, that is an extraordinary amount. Then you combine it with fiscal stimulus because the Fed is now buying the Treasuries… and the Treasury is sending checks out to Main Street. We are seeing that money going into the economy that is extraordinarily inflationary.”

Fitts describes the overall situation, “We are basically entering into a war period, and it’s dangerous…”

“There are many different layers, but this is what World War III looks like.

The people running things and centralizing economic power and control are saying we don’t want to share the subsidy anymore with the general population…

This is a spiritual war between good and evil. Part of that war spreads out to invisible technology like mind control.”

Fitts says gold and silver will be assets to have in the future. Fitts explains,

“If you look at where they want to go, their vision is so dark that I think the more people recognize and see it, the more they are going to want simple assets they can control that are not digital and try to keep them outside the system. Globally . . . I think the pressure is going to be on to have precious metals.”

Fitts is basically predicting higher highs and higher lows for gold and silver prices for some time to come.

*  *  *

Join Greg Hunter of USAWatchdog.com as he goes One-on-One with Catherine Austin Fitts, publisher of The Solari Report.

from:     https://www.zerohedge.com/geopolitical/we-are-entering-war-period-austin-fitts-warns-nothing-will-ever-be-same?utm_campaign=&utm_content=ZeroHedge%3A+The+Durden+Dispatch&utm_medium=email&utm_source=zh_newsletter

And Now, What about Your Money?

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G. Edward Griffin on the Federal Reserve – and What Happens Next to Money

July 10, 2020 Mountain Top Revival 4

G. Edward Griffin re-tells the story of how and why the Federal Reserve was created in 1913 at a secret meeting on Jekyll Island. He explains how money is created and how the present system is destroying the purchasing power of money through a process called inflation. He explains why there is no hope of stopping this process until a significant segment of the population (perhaps 15%) understands the scam and pushes back politically. In the meantime, people will accept any insult to their liberties in order to survive, which is the reason why one crisis after another is scientifically engineered. Confusion and fear is the secret weapon of tyrants. -GEG

from:    https://needtoknow.news/2020/07/g-edward-griffin-on-the-federal-reserve-and-what-happens-next-to-money/

What is Going On ?

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Survival Weekend: What Could Possibly Go Wrong?

by Elle –

0 16

Daisy Luther
Contributor, ZenGardner.com

Today on Survival Saturday, we have a series of stories that could  all be headlined, “What could possibly go wrong?” Do you remember the reality show by that name, where a couple of guys apply science and logic to ill-conceived ideas and explain exactly what could go wrong when you power  a skateboard with homemade rockets? Perhaps our future doom won’t be caused by some kind of epic disaster, but by the unwillingness of the people to actually accept reality and apply logic to it.

Survival Saturday is  a round-up of the week’s news and resources for folks who are interested in being prepared.

This Week in the News…

Coming to a City Near You: Aerial Spraying of GMO Bacteria over Residential Neighborhoods

Since regular pesticide isn’t bad enough, the officials of Seattle, Washington have taken things one step further: they’re going to douse the city in a genetically modified bacteria in an experimental attempt to eradicate gypsy moths. What could possibly go wrong with that one? (Well, for one thing, the story about the Zika virus originating in the area of South America where GMO mosquitos were released comes to mind.)

If you ever wondered whether you might possibly be an unwilling participant in a science experiment, I think it’s pretty safe to assume that you are.

The Washington Department of Health has recommended that people stay indoors for half an hour after the spray. (They don’t mention anything about sealing doors and windows with duct tape or closing vents to the outside, but hey, maybe that’s just me.)  Of course, the USDA, always a proponent of things GMO and unnatural, says everything will be just fine, claiming that “the acidic diet of most Americans renders the bacteria harmless, though it is persistent in produce and food products.” Apparently, this GMO bacteria pesticide has been sprayed on our food for a while now, although I must have missed the announcement of that practice.

Speaking of pesticides, if you’re trying to avoid them check out this newly-released list of the fruits and vegetable with the highest pesticide residue this year. Grab a kleenex, because the things that must now be purchased organically will make you weep.

Reality Is Mean

Let me preface by saying that this little rant does not reflect my opinions on who can use which bathroom. Honestly, I don’t care. There are stall doors. Don’t even get me started on pondering how bathroom laws would be enforced or how it isn’t the government’s place to be potty monitors. We have bigger problems in this country than who pees where and you’d be wise not to get sidetracked by that ridiculous debate.

Okay – back to the story.

I’ll never forget when my kiddo was in 4th grade. She was telling me about an event that happened in school and being very vague in her description of the girl involved. Finally, it dawned on me. I asked her, “Are you talking about the girl in your class who is black?”  Since there was only one child in the class of African American descent, that did indeed narrow it down. But my daughter was horrified because the kids had been taught never to refer to a person’s race, even when it was the most accurate descriptor.  If I thought that was absolutely ridiculous, I had no idea at the time what was coming down the pipe of political correctness.

Well, here it is. And what has come out of the pipe is the pure sewage of cognitive dissonance.

What could possibly go wrong in a society that politely accepts fantasy as fact? It seems pretty obvious to me that college students are being prepped for the world Orwell had imagined.

Here’s What’s Going on Behind the Pending Economic Disaster

I sent out an extra email last week because I stumbled upon a series of events that made me wonder if the economic collapse is truly upon us. The Fed (which isn’t at all federal, but that’s another story – and one you really should read) has issued warnings to 3 major banks that their contingency plans simply won’t cut it. Chillingly, the Fed wrote to JPMorgan Chase that their plan was “not sufficiently actionable” and that it contained a “deficiency” so great that it could “pose serious adverse effects to the financial stability of the United States.”  Gulp.

Meanwhile, secret meetings between those in the economic know abounded last week and Saudi Arabia threatened the US with massive economic reprisals – and by massive, I mean billions and billions of dollars –  if their part in 9/11 came to light in a bipartisan bill on the table in Congress that would allow victims of 9/11 and other terrorist attacks to sue foreign governments.

A commodity trader has come forward (sort of…anonymously) and said that the current plan in the economic world is even worse. In his own words:

Here comes my Very-REAL Conspiracy Theory: the stupid FED and other Central Bankers around the world acting in unison to artificially raise inflation so that they can hopefully get out of the F’ing mess they got themselves into with this low/negative rate BS.  Call me crazy, and I am not a “conspiracy theorist” – but what is happening has absolutely no “reasonable” explanation.  So I have to think outside the box…

The FED and other Central Banks have already destroyed the equity and other macro-financial markets… it is now turn for the commodities markets…

Gee…what could possibly go wrong if/when that plan is enacted? Read the rest of his theory here.

Oh – and on a related note, if you ever wondered why no bankers have gone to jail for their parts in the economic cluster pulling the rest of the country under – an insider explains exactly why in this article. What could possibly go wrong with ignoring that?

You’ve Got to Taste It to Believe It

Do you have the supplies you need to survive an interruption in the supply chain? Regardless of what type of disaster you are preparing for, it pays to have nutritious, long-term supplies that you can rely on. Preppers Market features the products I use to ensure my own family’s health and well-being. You won’t find any GMOs, any soy, or chemical preservatives in our foods.  Gluten-free products are also available for those who do not tolerate wheat products.

Emergency foods are hard to fully appreciate without tasting. Before you make an expensive purchase, try our 4 recipe Sampler Pack: Pasta Primavera, Enchilada Beans and Rice, Granola and Sweet Habanero Chili.

Healthy food storage with GMO-Free ingredients and great taste are rare. I know you’ll be convinced when you taste test our food!

Go here to check out the high-quality offerings, or try a sample pack first. You won’t be disappointed in the delicious taste!

Remember How I Said Justice Scalia’s Death Would Have Serious Repercussions?

I’m not one to say “I told you so!” – wait – who am I kidding? I totally am.

So, here it is.

Remember how I said Scalia’s sudden death, whether it came from natural causes or he was murdered, could change everything? At immediate risk, it seems, will be our right to bear arms.

If you’re wondering what could possibly go wrong if we get someone left-leaning in office, consider that Scalia’s replacement could very likely be the deciding factor in whether or not the Second Amendment remains strong. And now, Chelsea Clinton has danced on his freshly turned grave affirmed the plan to poke even more holes in our right to protect ourselves and our families, and even points out how much easier it will be now that Scalia is no longer on the bench. As reported by SHTFplan:

“It matters to me that my mom also recognizes the role the Supreme Court has when it comes to gun control. With Justice Scalia on the bench, one of the few areas where the court actually had an inconsistent record relates to gun control.”

“Sometimes the court upheld local and state gun control measures as being compliant with the Second Amendment and sometimes the court struck them down.”

“So if you listen to Moms Demand Action and the Brady Campaign and the major efforts pushing for smart, sensible, and enforceable gun control across our country — disclosure [they] have endorsed my mom, they say they believe the next time the court rules on gun control, it will make a definitive ruling.”

Stock up, folks. Food, ammo, and firearms.

Oh – and on a related note, did anybody else notice that Prince was immediately autopsied and a Supreme Court Justice was pronounced dead over the phone and instantly embalmed, thus precluding the possibility of an investigation into his death? Just sayin’.

Anything to add to Survival Saturday?

Oh – I do! Here’s one last link. Remember how our cat disappeared on moving day? Well, our pampered housecat managed to survive almost 5 weeks in the forest, and now he’s back. Of course, it got me thinking about how we could all learn some survival lessons from a lost kitty – you can check out the story here, assuming you don’t hate cats or happy endings.

from:    http://www.zengardner.com/survival-saturday-possibly-go-wrong/

Economic Stress Indicators

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20 Early Warning Signs That We Are Approaching A Global Economic Meltdown

Michael Snyder
Activist Post

Have you been paying attention to what has been happening in Argentina, Venezuela, Brazil, Ukraine, Turkey and China?  If you are like most Americans, you have not been.  Most Americans don’t seem to really care too much about what is happening in the rest of the world, but they should.

In major cities all over the globe right now, there is looting, violence, shortages of basic supplies, and runs on the banks. We are not at a “global crisis” stage yet, but things are getting worse with each passing day. For a while, I have felt that 2014 would turn out to be a major “turning point” for the global economy, and so far that is exactly what it is turning out to be.  The following are 20 early warning signs that we are rapidly approaching a global economic meltdown…

1 The looting, violence and economic chaos that is happening in Argentina right now is a perfect example of what can happen when you print too much money…

For Dominga Kanaza, it wasn’t just the soaring inflation or the weeklong blackouts or even the looting that frayed her nerves.

It was all of them combined.

At one point last month, the 37-year-old shop owner refused to open the metal shutters protecting her corner grocery in downtown Buenos Aires more than a few inches — just enough to sell soda to passersby on a sweltering summer day.

#2 The value of the Argentine Peso is absolutely collapsing.

#3 Widespread shortages, looting and accelerating inflation are also causing huge problems in Venezuela…

Economic mismanagement in Venezuela has reached such a level that it risks inciting a violent popular reaction. Venezuela is experiencing declining export revenues, accelerating inflation and widespread shortages of basic consumer goods. At the same time, the Maduro administration has foreclosed peaceful options for Venezuelans to bring about a change in its current policies.

President Maduro, who came to power in a highly-contested election last April, has reacted to the economic crisis with interventionist and increasingly authoritarian measures. His recent orders to slash prices of goods sold in private businesses resulted in episodes of looting, which suggests a latent potential for violence. He has put the armed forces on the street to enforce his economic decrees, exposing them to popular discontent.

#4 In a stunning decision, the Venezuelan government has just announced that it has devalued the Bolivar by more than 40 percent.

#5 Brazilian stocks declined sharply on Thursday. There is a tremendous amount of concern that the economic meltdown that is happening in Argentina is going to spill over into Brazil.

#6 Ukraine is rapidly coming apart at the seams…

A tense ceasefire was announced in Kiev on the fifth day of violence, with radical protesters and riot police holding their position. Opposition leaders are negotiating with the government, but doubts remain that they will be able to stop the rioters.

#7 It appears that a bank run has begun in China…

As China’s CNR reports, depositors in some of Yancheng City’s largest farmers’ co-operative mutual fund societies (“banks”) have been unable to withdraw “hundreds of millions” in deposits in the last few weeks. “Everyone wants to borrow and no one wants to save,” warned one ‘salesperson’, “and loan repayments are difficult to recover.” There is “no money” and the doors are locked.

#8 Art Cashin of UBS is warning that credit markets in China “may be broken“.  For much more on this, please see my recent article entitled “The $23 Trillion Credit Bubble In China Is Starting To Collapse – Global Financial Crisis Next?”

#9 News that China’s manufacturing sector is contracting shook up financial markets on Thursday…

Wall Street was rattled by a key reading on China’s manufacturing which dropped below the key 50 level in January, according to HSBC. A reading below 50 on the HSBC flash manufacturing PMI suggests economic contraction.

#10 Japanese stocks experienced their biggest drop in 7 months on Thursday.

#11 The value of the Turkish Lira is absolutely collapsing.

#12 The unemployment rate in France has risen for 9 quarters in a row and recently soared to a new 16-year high.

#13 In Italy, the unemployment rate has soared to a brand new all-time record high of 12.7 percent.

#14 The unemployment rate in Spain is sitting at an all-time record high of 26.7 percent.

#15 This year, the Baltic Dry Index experienced the largest two-week, post-holiday decline that we have ever seen.

#16 Chipmaker Intel recently announced that it plans to eliminate 5,000 jobs over the coming year.

#17 CNBC is reporting that U.S. retailers just experienced “since 2008″>the worst holiday season since 2008”.

#18 A recent CNBC article stated that U.S. consumers should expect a “tsunami” of store closings in the retail industry…

Get ready for the next era in retail—one that will be characterized by far fewer shops and smaller stores.

On Tuesday, Sears said that it will shutter its flagship store in downtown Chicago in April. It’s the latest of about 300 store closures in the U.S. that Sears has made since 2010. The news follows announcements earlier this month of multiple store closings from major department stores J.C. Penney and Macy’s.

Further signs of cuts in the industry came Wednesday, when Target said that it will eliminate 475 jobs worldwide, including some at its Minnesota headquarters, and not fill 700 empty positions.

#19 The U.S. Congress is facing another deadline to raise the debt ceiling in February.

#20 The Dow fell by more than 170 points on Thursday.  It is becoming increasingly likely that “the peak of the market” is now in the rear view mirror.

And I have not even mentioned the extreme drought that has caused the U.S. cattle herd to drop to a 61-year low or the nuclear radiation from Fukushima that is washing up on the west coast.

In light of everything above, is there anyone out there that still wants to claim that “everything is going to be okay” for the global economy?

Sadly, most Americans are not even aware of most of these things.

All over the country today, the number one news headline is about Justin Bieber.  The mainstream media is absolutely obsessed with celebrity scandals, and so is a very large percentage of the U.S. population.

A great economic storm is rapidly approaching, and most people don’t even seem to notice the storm clouds that are gathering on the horizon.

In the end, perhaps we will get what we deserve as a nation.

This article first appeared here at the Economic Collapse Blog.  Michael Snyder is a writer, speaker and activist who writes and edits his own blogs The American Dream and Economic Collapse Blog.

from:    http://www.activistpost.com/2014/01/20-early-warning-signs-that-we-are.html