Tuesday, July 28, 2009
Monday, July 20, 2009
SPUN UP IN A WEB OF LIES AND DECEIT
WHEN WILL THE AMERICAN PEOPLE STAND AGAINST THE TOTALITARIAN TAKEOVER OF THE COUNTRY BY WALL STREET AND THE FINANCIAL POWER HOUSES? WHO DOES B. HUSSEIN OBAMA REALLY WORK FOR?... THIS WHOLE THING STINKS TO HIGH HEAVEN. THIS RAW AND EVIL POWER MUST BE RESISTED.
"They hatch cockatrice' eggs, and weave the spider's web: he that eateth of their eggs dieth, and that which is crushed breaketh out into a viper. 6 Their webs shall not become garments, neither shall they cover themselves with their works: their works are works of iniquity, and the act of violence is in their hands. 7 Their feet run to evil, and they make haste to shed innocent blood: their thoughts are thoughts of iniquity; wasting and destruction are in their paths. 8 The way of peace they know not; and there is no judgment in their goings: they have made them crooked paths: whosoever goeth therein shall not know peace." (Isaiah 59:5-8)
Wednesday, July 15, 2009
PICK A BATTLE FRONT AND THEN GET INTO THE FIGHT
Article by Gary North on his Gary North´s Specific Answers Site.
July 11, 2009
A Gary North site member posted this:
We lose now to win later. Yes, the Fed is in control, but that is what this fight is about: taking back control. Maybe we can. Maybe we can't. But God is sovereign and we have a duty to try. Over time, we could win, and besides my children ought to see a pale example of what Caleb and Joshua did in response to God's command. I don't care about the whining of the 10 other spys.
First, we are still in Egypt. Never forget this.
Second, the leadership -- pastors -- are not Moses and Aaron. They are these people:
And the officers of the children of Israel did see [that] they [were] in evil [case], after it was said, Ye shall not minish [ought] from your bricks of your daily task. And they met Moses and Aaron, who stood in the way, as they came forth from Pharaoh: And they said unto them, The LORD look upon you, and judge; because ye have made our savour to be abhorred in the eyes of Pharaoh, and in the eyes of his servants, to put a sword in their hand to slay us (Exodus 5:19-20).
Third, laymen still have their kids in the public schools.
Fourth, public school textbooks never criticize the FED. Neither does any college-level textbook.
Fifth, there is only one politician who has an understanding of the FED: Ron Paul. There has been no other in 50 years.
Sixth, you can't beat something with nothing. There is no free market institutional alternative to central banking. Goldmoney and BullionVault are tiny.
Seventh, the man in the pew has no understanding of money and banking. He can barely locate the Book of Deuteronomy. He has never read Leviticus.
Eighth, Christians hate the idea of responsibility for anything outside the four walls of family and church. They tar and feather anyone who suggests otherwise. I have seen this in action for 50 years.
Ninth, we have limited resources.
Tenth, each person should pick winnable local battles.
Eleventh, pretending you can win an unwinnable battle sidetracks you into fantasy politics: Playmate centerfolds for dreamers.
Twelfth, identify an area in which you have political expertise. Then master it. Create a blog. Create a mailing list.
Thirteenth, support grassroots political outfits. The closer to your zip code, the better.
Fourteenth, most voters are content with the system.
One more time: we are still in Egypt. Don't spend time and emotional energy planning the conquest of Canaan. We are not even wandering in the wilderness yet.
The best step you can take in escaping Egypt is to pull your children out of the tax-funded compulsory schools. Train them not to believe in the Federal Reserve System. I have advised Ron Paul to hire a team to create a home school curriculum. I hope he does. But, just in case he doesn't, I'll give it a shot. I hope.
Saturday, July 4, 2009
Is Laying Off a City the Size of New Orleans Every Month a Positive for the Economy?
July 4, 2009
Before Katrina's devastation, New Orleans had about 450,000 residents. Then came Katrina. For a time, the city was close to empty.
The number of newly unemployment people in June was larger than the size of New Orleans in 2005.
Think about this. Month after month, we lose the productivity of the equivalent of New Orleans. Or Sacramento. Or Fresno. These are huge losses.
These people no longer contribute to the economy. Yes, they still spend money, but they are drawing down on savings. They must sell what they own to put food on the table. Or they get unemployment insurance payments from the state. Same problem. They are consuming without producing. This reduces everyone's wealth a little. People's productivity is what makes life possible.
When the news release hit, the stock market fell and never recovered for the day. Why? We know that most forecasters have predicted 10% unemployment this year. Unemployment rose by 450,000, yet the unemployment rate rose by only a tenth of a percentage point: 9.4% to 9.5%. What will it take to push unemployment to 10%?
As I figure it, that will take another two million unemployed, or close to it. That means four or five Sacramentos or Fresnos.
The forecasters say they think stocks will rise. Until when? How many Fresnos must be fired for the stock market to peak? What is the benefit to the market of firing New Orleans? These people must find work or else lose their homes. They must find work or be forced into bankruptcy.
I hate to think about the effect on a family when a breadwinner gets fired. The still-working spouse -- if any -- now has the burden of paying the bills. But most families have little slack in the monthly budget. Where will the money come from to pay 100% of the bills on 50% of the income?
We are seeing 450,000 catastrophes a month. We know it's happening, but we shrug it off. Investors shrug it off. "No problem!" But it is a problem.
Fear is spreading fast, which is why the savings rate is up. The old dream of passive returns on investment making retirement possible is just about gone. This will change the plans of far more people that the 450,000 a month who get fired.
Think of another city shutting down next month. And the next. And the next. This is a better way to think of what's happening than just a tenth of a percentage point increase in the unemployment rate.
This is why you need more than a single income source.
Use this as motivation to begin planning a way to get another income source. I am, and I have lots of income sources, subscriber by subscriber. [I wrote this before yesterday's computer glitch.]
