honesty.org forum

This thread is a duplication from the Unhived Mind forums after the owner reported to me that it had been taken down without his say-so last night.

Original thread:

http://z13.invisionfree.com/THE_UNHIVED_...&p=6825271



The Chart above came directly from the federal reserve. It shows that late this year, "Non-Borrowed Reserves of Depositiory Institutions" will hit zero.

In layman's terms this means all cash reserves of the banks will have been lent out; there won't be any more money to lend to anyone.

If banks have no money to lend, then consumers cannot buy things on credit. Even if they could buy on credit, businesses will not be able to borrow to restock inventory or get raw materials for manufacturing. With consumers not buying and with business unable to manufacture or restock, businesses will have to layoff employees. MASSIVE layoffs. Huge unemployment.

As folks lose their jobs, they won't have money coming in to repay any outstanding debts they already have. The bad debts will take out the banks. No credit, no business, no jobs. Total economic collapse.

The only hope they have of delaying (not avoiding) this massive collapse is to change the fractional reserve rules to allow Banks to lend even more money than they have in reserves.

When they make that rule change, they will have to pump several TRILLION in cash into the economy; which will result in almost immediate hyper-inflation. Other currencies will rise sharply against the U.S. dollar resulting in all imported goods skyrocketing in price. Since we don't manufacture anything in our country anymore, these skyrocketing prices will impact everything we buy.

As people find themselves unable to afford the basic necessities of life, social chaos will erupt.

Cities, dependent upon outside sources of food and other goods, will erupt into chaos sooner than outlying areas. There will be food riots. As happens anytime a major emergency occurs, the Blacks and Hispanics will do what they always do: loot, pillage and burn.

As the cities disintegrate into anarchy, folks in suburbs will soon find themselves targets of starving, violent two-legged animals. Without food to buy or steal in the cities, the savages will move to attack the suburbs to take YOUR food and YOUR goods.

When this takes place, you'd better make sure you have enough guns and ammunition to protect yourself, your family and your property. Shoot to kill. Don't worry about the law, because there won't be any law.

Dialing 911 will be useless because the looting, violence and anarchy will totally overwhelm local, county and state law enforcement.

Whether the feds change the fractional Banking rules now or not, the scenarios outlined above will take place. The only question remaining is WHEN the scenarios will take place: In September 2008, February 2009 or at some later date after the rules change once the hyper-inflation kicks-in.

Ladies and gentlemen, I am sorry to tell you that in our lifetime we will see the literal collpase of the United States. We will see oursleves a nation gone mad. It will be a madness that cannot be restrained, but which can only exhaust itself in blood.

When the time for bloodshed comes, I want all of you to know exactly who is to blame so those people can be hunted down and dealt with. To that end, let me make clear, all of the trouble coming at us later this year and into early next year is is going to happen because of our federal government borrowing itself (and us) into oblivion.

The government was aided and abetted by rich jew bankers - the federal reserve. The jew bankers refused to stop lending to our long-Bankrupt government and even went so far as to monetize government debt so the jew bankers could earn billions in interest for themselves, even though they knew the coming social chaos would take place.

When the collapse happens, it will be time to take up arms and overthrow the government of the United States by force, violence and assassinations. The politicos who got us into this mess must pay a price so terrible that others who follow them will knnow to behave -- or face the same fate.

The jew bankers in the federal reserve must also pay the same terrible price. Slaughter would be appropriate.

Folks are already e-mailing me asking "What can I do to protect myself." The short answer is prepare now. Start accumulating food to feed yourself and your family for upwards of a full year!

Stock up on canned foods. Lots of canned foods. They don't go bad for years and the price you pay now will be a lot cheaper than if you wait.

Buy large amounts of BREAD FLOUR to bake your own bread. If you cannot get BREAD FLOUR, buy "All Purpose Flour" and also "WHEAT GLUTEN" to add to it for baking bread. You'll need yeast for the bread, so buy yeast too.

Buy large amounts of dried rice and dried oatmeal.

Buy Honey. Cinnamon, brown sugar and white sugar. Lots of white sugar. Salt. Pepper.

When the crash happens and the supermarkets are empty it will be too late. Plan now. You only have until September of this year to prepare, so get to it.

You can cook some rice, open a can of food, pour the can over the rice, heat it up and have a full, healthy meal.

At breakfast, you can cook up some oatmeal, put honey, cinnamon or brown sugar on top and have a healthy breakfast.

Buy a gravity-fed water filter system and additional filters for it.

Have at least one hand gun for each mature teenager and adult in your family. Have at least one twelve guage shotgun for your family. Have at least one hunting rifle, a .308 or 30-06 to hunt for food. Have ammunition for each weapon and make certain you and your family know how to use them all.

It's gonna get ugly, folks. Real ugly. The feds may delay it awhile, but they cannot avoid it.

$130 Oil!

Wednesday May 21, 2008
http://urbansurvival.com/week.htm


Meantime, Here on the Hindenburg

Although it is likely not until late September or early October (Oct. 7, 7:10 UTC just to single out the moment) that the real crash of the economy will become apparent, there are plenty of signs about now that the design of the Not really Federal and not really much in Reserves US Banking system and the design of the Zeppelin LZ-129 seem to share common design elements.

Assuming that you remember what happened to the Hindenburg on May 6, 1937 at Lakehurst Naval Air Station in New Jersey, this email from an aware reader should make perfect sense:

"George,

After seeing this chart from the St. Louis Federal Reserve Bank

http://research.stlouisfed.org/fred2/series/BOGNONBR



can we dispense with the nick name Helicopter Ben and just move on to Hindenburg Ben? Because to me that looks like something going down in flames more than anything else I have ever seen. Am I reading this right in the amount of money the banks have in reserve that is non-borrowed is at a fifty year low? In fact in 4 months since it entered negative territory (for the only time in the 50 years on record) it has exceeded 50 years of positive values by 50% on the negative side? Does this not mean that the banks are not only insolvent but underwater more than they were ever positive?

Well, er, I think under the Patriot Act, I can't say anything negative about the US economic system, tempting as that might be since its hijacking by corporate interests, but the Act doesn't say anything about being mum on the banksters who have watered down the purchasing power of the US dollar in the name of political expediency, free lunches, and lobbyists with reckless abandon, all the while driving the financial system onto the rocks, as I've been writing about here since 1997.



No, wait a minute. It's not as bad as you think. It 's probably much WORSE than this chart shows. Why? Because this data series doesn't even start until 1958 or so. If the series went back to the last Great Depression, we would maybe see some pattern replay. The St. Louis Fed chart doesn't go back to the Roaring Twenties.

---

The Fed now finds itself between a rock and a hard place: On the one hand we need to have lots of liquidity in the financial system, and so instead of demanding high quality assets to back up borrowing at the Fed's discount window, it's 'bring whatever you have' that would otherwise send honest accountants scurrying fleeing for fear of prison terms.

If the Fed didn't have this policy, we'd already be in a Depression.

Worse? The amount of malinvestment that has been run up since the last Great Depression (which in turn needs to be wrung out of the economy before honest growth can resume) absolutely dwarf's anything in history. When this thing all goes kablooey, it will make the South Seas Bubble look like a cakewalk and the Depression like a bad weekend.

Still, what's a Fed to do? If there's no liquidity, there's no "money" (such as it is) to buy oil and the consumer goods from China, since damn near all production has been outsourced along with incomprehensible foreign "customer service" agents. WASF. Got your survival garden in?

---

America is the greatest country in the world. But, it has been hijacked by corporate interests who have only one thing in mind - fattening their bottom lines based on cost-reductions and "value-engineering". Starting with the banks, they have proclaimed themselves "too big to fail" and under this mantra, the money-printers will be working day and night through a summer of brownouts and rolling blackouts, soaring food prices, whopping foreclosure increases, civil disobedience, and all the rest that comes in a 'crack-up boom' before the real story unfolds and we get to size up what a real economic abyss looks like this fall.

This is not to be apocalyptic. This is a simple trend summation.

Petraeus may urge troop cutbacks in September

by Staff Writers
Washington (AFP) May 22, 2008
http://www.spacewar.com/reports/Petraeus_m...tember_999.html


The top US commander in Iraq said Thursday he expects to recommend further cuts in US forces in Iraq before he relinquishes command in September because of improved security.

"My sense is I will be able to make a recommendation at that time for some further reductions," General David Petraeus said in confirmation hearings on his appointment to become head of the US Central Command.

Petraeus' upbeat forecast came as President George W. Bush made a new push for public support for the war, telling army paratroopers back from Iraq that a hasty pullout would increase the chance of another September 11-type attack.

"Withdrawal before success would send a signal to terrorists and extremists across the world that America is weak and does not have the stomach for a long fight," he said at Fort Bragg, North Carolina.

"Withdrawal before success would be catastrophic for our country," Bush added.

Senate Democrats, including presidential hopeful Hillary Clinton, pressed Petraeus on how he would deal with the growing threat posed by Al-Qaeda in Pakistan, and a loss of momentum in Afghanistan.

He said more troops may be needed to pacify southern Afghanistan, but argued that Al-Qaeda's main effort was in Iraq and it was appropriate "to do everything that we can there to pursue Al-Qaeda in Iraq."

Petraeus said one of his first trips as the Centcom commander would be to Pakistan, whose new government has struck a peace deal with Taliban insurgents.

Despite the improved security in Iraq, Petraeus acknowledged that the US goal of turning all 18 provinces to Iraqi security control by the end of the year will not be met, in part because of violent conditions around Mosul in northern Iraq.

And he said provincial elections, a crucial step in Iraq's political consolidation, are likely to slip from October to November.

Petraeus said he would make recommendations on further troop cuts following the withdrawal of the last of five surge brigades in July and a 45-day period of consolidation and assessment.

"I do not mean to imply that that would be a BCT (brigade combat team) or some major formation -- but it could," he told the Senate Armed Services Committee.

"But I do believe that there will be certain assets that, as we are already looking at the picture right now, we'll be able to recommend can be either redeployed or not deployed to the theater in the fall," he said.

A combat brigade consists of about 3,500 troops.

The general said security conditions have continued to improve despite the withdrawal of three of the five surge brigades, with security incidents falling last week to the lowest point in more than four years.

A chart he provided showed "weekly security incidents" -- attacks on infrastructure, roadside bombs, sniper and small arms attacks, and mortar, rocket and surface-to-air attacks -- dropping to about 400 in early May, from a peak of more than 1,500 a year ago.

The general attributed the improvement to military operations against Iranian-backed Shiite militias in the southern city of Basra and Baghdad's Sadr City.

Petraeus said he was looking for signs of Iran pulling back support for Shiite militias, or special groups.

"We know, though, that a number of the special group leaders have gone back to Iran, as they have been put under pressure in first Basra then other areas in the southern provinces and now in Sadr City," he said.

Petraeus was joined at the hearing by General Raymond Odierno, his former number two in Iraq and the Pentagon's choice to succeed Petraeus as the top general there.

The generals' confirmation appeared assured.

Senator Carl Levin, the committee chairman, said they would bring "unprecedented continuity of senior military leadership" with "unparalleled knowledge of the situation on the ground."

The change will put Petraeus in command of a vast portfolio of security challenges in a region that stretches from Afghanistan to Lebanon, and where demand for US military forces has exceeded the supply.

He faces a reconstituted al-Qaeda leadership in Pakistan, a resurgent Taliban in Afghanistan, an emboldened regime in Tehran, political strife in Lebanon, and instability in Somalia and the Horn of Africa.

"Engagement will be a central aspect of my responsibilities as the CENTCOM commander, if confirmed," Petraeus said.

"In most of the issues we'll address, a purely military approach is unlikely to succeed and our strategy must recognize that," he said.

The September War

http://hallindsey.org/index.php?option=com...d=278&Itemid=56

According to a number of sources, Mahmoud Ahmadinejad is planning to bring his first reactor on line sometime in September 2008, which is just about in line with what the Israeli Mossad had estimated back in 2003 when the full extent of Iran's secret nuclear program became known.

The Iranian announcement came on the heels of a surprise announcement by the government of Israel confirming it had entered into third-party peace talks with Syria's Bashar Assad. The surprising confirmation on Wednesday was the first acknowledged contact between the two parties in eight years, which will be mediated by Turkey. Equally surprising was a statement from the United States saying it had no objection to the talks. Previously, the U.S. had rejected any peace overtures toward Syria as long as it was sponsoring Hezbollah and Hamas. In fact, President Bush seemed to have been blindsided by the news. According to transcripts of an interview he granted to the Jerusalem Post, Bush responded to the news by stammering; "I expect an explanation, but I'm – he made a decision that he made – or no decisions have been made, except the idea of trying to get some dialogue moving, which is – and I know him well, and know that he is as concerned about Israeli security as any other person that's ever been the prime minister of Israel. And so I presume the decision is made."

Despite the White House's official welcome of the news, privately, officials were furious. The New York Times quoted an "anonymous" (of course) "administration official" who called Israel's unilateral move "a slap in the face."

While Damascus and Jerusalem talk peace, Iranian-backed Hezbollah consolidated the gains it made in fighting against government forces in the streets of Beirut and elsewhere.

After six days of mediation between Hezbollah and the Lebanese government, Hezbollah emerged a clear winner in a settlement agreement in which Hezbollah was granted veto rights over the government, affirming its stature as "the preponderant military actor and the super political power in Lebanon," according to political scientist Hilal Khashan of the American University of Beirut. Khashan told the AFP that "it was an excellent deal for the Hezbollah-led opposition and a major defeat for the U.S.-backed government."
The deal was brokered by the Qatari government. The Arab League played a major part in securing the deal, with both Syria and Iran declaring their support for Hezbollah's victory. Under the arrangement, Parliament will elect as president the current head of the Lebanese Army, Gen. Michel Suleiman. Gen. Suleiman will then appoint a new government – one in which Hezbollah holds enough seats to veto any decisions it doesn't like – such as disarming Hezbollah.

Meanwhile, Israeli military sources say that Iran is continuing to ship weapons and ammunition, via Hezbollah, to the Hamas-occupied Gaza Strip, including rockets, missiles and rocket launchers. According to the Mossad, these shipments have been stepped up in recent months, reaching a peak in March-April. Using fishing boats, Iran has successfully smuggled Iranian-made 120 mm mortars with a range of up to six miles. The Mossad says that the smuggling operation is overseen by the Iranian Revolutionary Guard using Syrian ports and Hezbollah operatives.

Meanwhile, back in Israel, Prime Minister Ehud Olmert is fighting desperately to keep his job while he is under investigation by police on charges of obtaining money by fraud, breach of trust, money laundering and tax offenses, according to Haartez. And fears are rampant within Israeli circles that Olmert may be considering trading the Golan Heights in exchange for a peace deal he can trumpet to deflect attention away from his legal problems.

If one sits down and connects the dots, one ends up with a very different picture than the one being presented by the mainstream media suggesting the Syrian-Israeli talks are representative of a major breakthrough.

It is worth remembering that it was the Persians who invented chess, and Ahmadinejad seems to be controlling all the pieces. In the first place, Ahmadinejad knows that Israel will attack its reactor the moment that they take it on line. He's been arming and training Hamas to serve as its proxy in the event of war, to harass the IDF on its flanks. To the north in Lebanon, Ahmadinejad has succeeded in rearming and re-equipping Hezbollah since the Lebanon War in 2006. The Mossad estimates Hezbollah is stronger now than it was before Israel invaded. Hezbollah has succeeded, for all intents and purposes, in taking over the Lebanese government.

Hamas controls all of the Gaza Strip. Mahmoud Abbas' Palestinian Authority barely has a handle on the West Bank – and in any event, would turn on Israel the second the opportunity presented itself.

Syria's insistence on the return of the Golan Heights as a precondition for peace is a Trojan Horse – particularly considering the timing. It was only last September that Israel destroyed a Syrian nuclear reactor that was only weeks from being operational. Syria has built one of the most formidable arsenals of missiles and rockets in the region, all of them aimed at Israel. From the Golan Heights, Syria would control much of northern Israel, as it did prior to losing the Golan to Israel in the Six Days War.

Israel is therefore surrounded with Hezbollah and Syria to the north, Hamas on both flanks, with al-Qaida sympathizers flooding in through Egypt and Jordan. Everything is in place for war except the pretext to start things off.

Starting up a nuclear reactor will do nicely.

* The estimated Federal Reserve crash date around September stated by Leo Zagami’s economic advisor, Swiss-based Italian Marco Saba.

Leo called me up on Skype together with Italian monetary reformer Marco Saba:

http://studimonetari.org/
http://studimonetari.org/news.htm

First we briefly broach the subject of Leo's credibility as a Grandmaster of the Illuminati in the eyes of Mr Saba..

Then the next topics are discussed:

-The Dollar versus the Euro and that basically both are doomed currencies;

-The potential crash of the FED/Dollar in September with the Euro following suit only three months after;

-The looming danger of Bush declaring Martial Law;

-That Saba favours Ron Paul as president, with Dennis Kucinich as vice-president, because Paul may be the only one candidate suitable for implementing monetary reforms by supplanting the FED and its Internal 'Racket' Service (IRS);

-Fellow monetary reformer, Richard C Cook:

http://www.richardccook.com/

http://www.globalresearch.ca/index.php?con...authorName=Cook

http://www.globalresearch.ca/index.php?c...a&aid=8977

http://www.globalresearch.ca/index.php?con...&articleId=5494

-Saba's local Italian currency called the SCEC ("shek") launched in May of 2007;

-The putting into effect of the Federal Reserve act, Income Tax act, Rockefeller Foundation and the ADL all in the year 1913;

-The Bretton Woods Agreement: http://en.wikipedia.org/wiki/Bretton_Woods_system

-The Kennedies and Monetary Reform;

-How a "nation of sheep begets a government of wolves";

-That Ron Paul is favoured by the US Militias;

-Benjamin Fulford: http://www.rense.com/general82/dapt.htm http://benjaminfulford.com/secretgoverment.html

-That the recent Aldo Moro Conference in April this year was more than just a "book-signing" as some Zagami 'detractors' maintain;

-The Dinosaurs running about in the Italian Government;

-The psychopathy of Economist Maynard Keynes;

-The scope of the current economic crash compared with that of the crash of 1929;

-Marco Saba's connection to the Jewish Community?

http://studimonetari.org/haatzmaut.jpg


MPEG-1 layer 3 (mp3)
64kbit
48000Hz Mono
53m16s

http://www.mediafire.com/?zmmwmmz12jp

Controlled Landings

Jun 3 2008
http://urbansurvival.com/week.htm


Most times, when we read about "landings" or "controlled descents" it has something to do with things aeronautical or economics.

A couple of examples: An American Airlines jet makes an emergency landing in Texas when a passenger window breaks on Sunday, or the Mars lander Phoenix touches down and sends back data. Or, on the economic side, China says it is not expecting a 'hard landing' risk from declining exports and Treasury Secretary Hank Paulson in the Middle East is working to avoid a hard (or crash) landing for the US economy by convincing at least one Dubai leader, sheikh Mohammed, to says "The Dollar Peg Will Stay..."

But, speaking of airlines, the CEO of Emirates Airlines, Time Clark, who I'd expect to have pretty good visibility on matters like oil prices, is reportedly says that oil will hit about $140 this year before leveling off...a departure from the street buzz of $200 oil this year.

---

Nevertheless, when one looks at Wall Street lately, the buy and hold mantra which promoted the idea of just pouring money into a 401(k) program and blinding holding through thick and thin has certainly worn a bit thin. And I don't mean with the market gyrations of Monday, particularly, although being down more than 200-points for a while can be a little disturbing for those who have voluntarily locked themselves in the wrong casino.

The thing I keep in mind is that in early 2000, the Dow hit a high of 11,723. And if you click over to the Federal Reserves own calculator which does compound inflation calculations (which in non-banker terms shows how much the purchasing power of our money is being stolen by printing more money than the nation produces in added value), you can see that the Dow needs to be at 14,667.58 just have maintained purchasing power parity with 2000!.

---

Whenever I write this inconvenient number down, people look at me like I have two heads. Many start to stammer, turn red in the face, and begin flailing around for any kind of excuse to cover up for the miserable performance of Wall Street's well-oil sales machine.

"George, that doesn't count dividends or stock splits, so you can't say that!" Oh, but I do. And in most of the funds I've looked at the dividends and sp-lits about make up for the compound cost of the management fees of the funds.

---

On the other hand, in 2001, I bought a small about of physical gold for $275 or so, when I saw this coming. In order to just keep even with inflation gold needs only to hit $334.97 to equal the Dow...that is if the Dow could rally to 14,667.

The lesson of history here is pretty simple, isn't it? Paper assets have lost purchasing power over the longer term (since 2000) when compared with the hard assets like gold and silver. Don't forget we bought silver around $7 in 2005, and apprised you of the purchase in July or August of '05. Based on our $7/ounce cost, silver needs only be at $7.72 to break even with inflation.

---

This buying physical assets is not just a long-term strategy. Just for the heck of it, I entered the CNBC Million Dollar Challenge and threw together a 2-minutes portfolio of four precious metals stocks. So far, it's up 7.9% and my game rank is 76,587. Just holding cash (which I did in a second account for benchmarking purposes) has a rank going into today's open of 411,714.

Awesome! See how nicely 'simple single decisions' can work out? I jump ahead of 335,127 other portfolios with a simple four stock PM portfolio and simply watch money dynamics move me up. Why people don't get it is just beyond me.

---

My point? What's my Point?

We're living in an age where a huge 'transformation' is shaping up that will fully impact our lives in 2009 and beyond. One of the hallmarks of that change will be the shift away from aper and into real assets and things that can produce local value.

The really smart people I know are starting to localize, socialize, and demonetize. In two words: "Get local!".

Stories about 'new survivalists' are starting to pop up all over. And here's a story on the SF Gate web site (San Francisco Chronicle) headlines "From One Rat to Antoher: How one man went from living the urban rat race to living like a desert rat."

I've been writing about voluntary Deconsumption and voluntary downsizing of lifestyles for years now, I suppose to the distain of former colleagues in the six-figure world who thought (think?) I'm nuts. That may be, and all, but life's just a slightly longer version of the CNBC game: Make make a couple of fundamental good decisions to get in harmony with the general direction of the times and then ride the elevator stress-free.

US Economy is a National Security Crisis: 'US Needs to Raise $6 Trillion and It is Simple,' Says Visionary William Glynn

Right now, China, Russia, India and Saudi Arabia basically own the United States. Our economy is the real target of terrorists and this is our potential downfall," says Glynn. His solution is transparent and uncomplicated... a 10% solution. "If we are to prevent another Great Depression we need to pass one simple law: All pension plans, endowments, 401(k)s and the like will be required to allocate 10% of their portfolios to buy back U.S. debt and currency.

http://www.prweb.com/releases/2008/6/prweb961894.htm

Atlanta, GA (PRWEB) June 6, 2008 -- According to Bill Glynn, the founder and Managing Director of Collective IQ http://www.collectiveiq.com, ranked the #1 Corporate Venture Capital Platform in the world, and author of "Left on Red" http://www.billyg.net the real terrorist threat to America does not come in the form of a suicide bomber or from Islamic extremists. Rather, the Achilles Heel of the United States is our economy. According to Glynn, in the aftermath of September 11th almost a trillion dollars was wiped out of the economy, and we are still reeling as a result of it.

"Right now, China, Russia, India and Saudi Arabia basically own the United States. Our economy is the real target of terrorists and this is our potential downfall," says Glynn. His solution is transparent and uncomplicated... a 10% solution. "If we are to prevent another Great Depression we need to pass one simple law: All pension plans, endowments, 401(k)s and the like will be required to allocate 10% of their portfolios to buy back U.S. debt and currency."

With more than 40 trillion dollars currently invested in these types of accounts, Glynn asserts that some four trillion dollars could be freed up in a matter of days to wipe out the national debt, buy back the $1.6 trillion in U.S. debt currently owned by China and more. He suggests that approximately one trillion dollars go into a 10-year Zero Coupon Bond with the proceeds ultimately going back to the endowments and pension plans. "Rather than seeing this as simply giving money back to the government, it's really a 10-year interest-free loan that has incredible benefits," he explains.

He believes the immediate increase in world confidence with respect to the United States, the anticipated rise in the value of the U.S. dollar, as well as the boost to the overall economy would have far reaching and dramatic impact on equity prices. "In the very near term, the 10% allocation would almost undoubtedly be offset by a corresponding increase in the value of the remaining assets in these portfolios," Glynn continues.

If this law was enacted there would certainly be resistance at first. However, Glynn confidently predicts and openly challenges anyone to refute that there would be a massive uptick in U.S. and world markets if the National Debt were paid off. "It would cause one of the county's biggest celebrations: Liberation Day! The day the U.S. took back its economic leadership before it is squandered. This plan is so simple and powerful - I would be willing to debate any politician, pundit, talk show host or Presidential candidate on its validity," Glynn says.

Glynn believes that we should be a nation of savers, not borrowers. He is also calling for an increase in the minimum wage and for 5% of all wages (up to $50,000) to be placed into low-interest bearing "deficit or economy bonds." "This would create another account with a surplus of trillions of dollars that could be used to funnel money back into the economy for infrastructure, social security, health care and more. It would put America back into the hands of Americans... not foreign entities or governments," he concludes.

About Collective IQ:
Collective IQ is a Global Asset Management and Advisory Firm focused exclusively on Corporate Venture Capital. In 2007, CIQ was ranked the top corporate venture platform by the leadership of the Strategic Venture Association.

Collective IQ is supported by one of the world's largest asset management companies with US$ 600 billion under management. CIQ works on behalf of its investors and corporate partners to deliver superior returns and to commercialize disruptive technologies.

About the Book "Left on Red : How to Ignite, Leverage and Build Visionary Organizations"

Venture capitalist Bill Glynn (Billy G), ranked one of the world's top innovators by Information Week magazine, presents an insider's view of the way great businesses are built.

"Left on Red" http://www.amazon.com reveals how visionary thinkers and risk-takers build great companies. Bill Glynn provides an insider's view into some of the world's coolest deals in a refreshingly politically incorrect, intelligent manner. Google, Apple, and YouTube are the products of leaders who break the old rules of business to bring their radical ideas to life. Armed with a wealth of examples and innovative insights, Glynn shows entrepreneurs and executives how to navigate a business landscape often littered with great ideas and innovators who are unprepared to lead.

Folks we're 12209 -Craig

Urgent Update: Landry "5-Minute Chart Breakdown!"

I just had a call from my stock broker friend Robin Landry with an urgent report.

"George, the 5-minute chart is in breakdown mode if I am reading it right - means that the market may close down 350 or more today. Let me explain the technical picture:

Based on the movement in the 5-minute chart, either today or early next week we are likely to go down and test the 12,269 Dow level. now, if we get through that, the next major level of support comes around 10,986. Look for the PPT to be in action late session today or early next week unless something big changes.

Then if we get through that, the 10,986 level, we could see all hell break loose and Bob Prechter could be right. We could be looking at a retest within a week or two of the 7,400 levels which came in as the 2002 lows.

"OK, what about oil and commodities?"

"George there are two wave counts on oil. One of them says the price of oil shoots up to about $150 and then comes down to around $50. But the other says that oil have an extended fifth wave which would take it up to the $300 to $500 a barrel range."

I then asked Landry what he thought about the Big Picture. One of his concerns is that if it looks like we're going to take out the 12,269 level, then the Fed will have to come in with the PPT and they will have to pump like crazy. However, if you're keeping track, I think the Fed has burned through $450 billion of their $600 billion credit facility, and a major run in the markets now, especially if coupled with another major player bankruptcy of another investment bank, would put the quality of the US dollar in serious question.

If THAT happens, there would be a huge crisis of confidence in the currency, which would give us the momentum to the downside to attack the 10,986 level, and should that fail, then the way is open for 7,400. But, because the dollar would be collapsing, and remember this is what the predictive linguistics have been forecasting, then we could get a huge burst of inflation in the commodities and gold which are real things, as opposed to notional.

Landry (email: rlandry@allegiance.tv ) is hoping, like any rational person would, that events don't work out this way. But, in case you were wondering, this would lead to the kind of hyperinflationary blow-off top in commodity markets which I've been positioned for in my personal account for a couple of months. The trick, if it happens, will be to take the commodity gains at the top and then roll in to the very defensive sectors like foreign denominated paper and US Treasuries (like Jas Jain has been in for a good long while) because at that point, after a hyperinflationary burst, we could be setting up for the long Kondratiev Wave long Winter's night.

---

This is not investment advice. You own your own paper, kiddo.

400 Point Question: "So, How did you do?"

7 June 2008
http://urbansurvival.com/week.htm


So along comes a bummer of a Friday and you're planning for the long weekend when "Whap!" the market starts to slide and oil goes screaming skyward. You click over to this site at 9:45 AM and read Robin Landry's prediction of a possible close down 350-points. Today, we have to ask the sometimes difficult question: "How did you do?"

OK, the drop was the eighth worst in the history of the Dow - but I reckon we could do even worse next week, not that key support (by Landry's work, 12,269) has been broken.

I don't mind sharing my portfolio's performance. I was down $39-bucks for the day, would have actually been a small gain, but coffee dropped a bit in the commodity market after being up earlier.. What the hell, right?

My outlook on the markets for quite some time has been that a person would have to be a darned fool to be loaded up on paper assets which are little more than paper with ink - the same kind of stuff that I can crank out of my laser printer.. Of course, because I won't break counterfeiting, or any other laws that I'm aware of, I won't put "Good for all debts Public and Private" on it, although even that is disappearing with some stores now requiring credit cards in order to comply with anti-terrorism laws, but that's another discussion.

A long term chart of the S&P sure looks like a double top is in to some of our readers.

Trouble Ahead? Bank on it!

June 7 2008
http://urbansurvival.com/week.htm

An email from a reader got my attention:

Hi George, reading your site on daily basis; thanks for the common sense and the unfiltered info. Here's my question: recently I was in Europe and I tried opening an account in a European bank (in Paris to be exact), the manager looked straight into my eyes and said that they have a directive from high above not to open accounts for US citizens and actually they have asked every us citizen who has an account with them to leave the bank (banks name is ***), very disappointed I created a havoc about discrimination, human rights etc (with bankers? what was I thinking?), then I lectured my wife (she's French) about the freedoms in our country and rotten values in Europe; a week later I'm in LA in my bank (Bank of ******) where my friend is the manager and he told me that they've just asked all euro pen citizens to clear the bank; plain and simple, to take their money and get lost; what do you thing is going on? something is in works.

Yes. It's warring currencies! What have we been telling you? $139 oil is just the start! First we hy6perinflate and then we collapse. Quite simple. The monetarists mantra "Crack-up Boom" comes to mind, eh? For recent pointers, instead of going to Europe, next time try Argentina or still, Zimbabwe where the currency has become unusable. You see, that's the beauty of digidollars. Just slide the decimal point and keep on printing....