Friday, February 13, 2009

The End of the Economy

Yes I said it and it's not a prediction it's a fact. It's going to happen. What happens when it happens is hard to say but many will lose their jobs. Crime itself will go up because people have nothing to lose.

It's no shocker here that 800+ fema camps were constructed. It's no shocker here that the military is operating inside the United States. It's no shocker here about Main Core and it's database that has 8 Million plus Americans in it.

It's no shocker here that Depopulation will happen within the next 4 years. You are going to hear of Bio weapons being used by so-called terrorists and then it will happen. Millions of people will die. The fingers will be pointed toward Bin Laden or other terrorist groups. It's hard to imagine that our Government will do this to their own people and most reading this will have their eyes closed and not opened to the possibility that maybe it could happen.

Should it happen? Will it happen? Is it going down now?

2009 will be an interesting year because what will happen will be a global problem that will have those in power asking for a global solution. The United Nations will take control. Before that happens, World War 3 will happen with the Attack on Iran. The puzzle is all over the place but if you put to together you can see clearly that we are on the verge of World War 3.

We are on the verge of Martial Law in the United States. Anyone who compares what is going on now to the great depression should have their brains checked. This is worse than that. At the end of 2008 we saw retail sales: women’s apparel down 23%; home furnishings and electronics off 27%; luxury items down 35%. These are Depression Era collapses. We saw major bankruptcies, such as retailers Circuit City and Linens and Things. One bankruptcy after another. Then we saw store closings. Starbucks, Home D&D Power and down the line.

The question becomes who is going to take all of the vacant retail space? Who is going to rent it? The answer is - nobody! Now we look at the financial collapse in 2008, we saw the Merrill Lynch mob go under the bed and the Lehman boys went bankrupt. You saw bond companies, brokerage firms, and banks go belly up. Who is going to rent all the vacant commercial business space that they used to occupy? The answer is - nobody! The commercial real estate collapse that’s going to happen in 2009 is going to dwarf the residential real estate collapse.

Think about this. There are two sets of books that the government keeps. When they measure up unemployment they don’t add in the people who are no longer looking for jobs because they have become discouraged since they cannot find employment after looking so long. And they don’t include part-time workers. When you put that number into it, the number is 13.7%. And that’s a government number. And this is just beginning.

We saw in one day some 61,000 jobs evaporate off the map. You’re going to see Great Depression numbers. Because, as I mentioned, with this commercial real estate collapse, all of these retail stores closing, like Starbucks and Macy’s, you go down the line. You look not only at people who work for these places that no longer have jobs, but how about all the supportive industries - the advertising, the manufacturers, the products. They’re going to be laying off people as well. We’re going to see Great Depression numbers. In that effect, this is going to be worse than the Great Depression. You can't even compare the two! SIGH>>>>>>

When I say it’s going to be worse than the Great Depression, I mean WORSE than. To be using 1930s models to get the U.S. out of this is really stupid. Back then when we first crashed most people didn’t have homes. There was no such thing as home equity loan. And back then, people didn’t have credit cards. The consumer wasn’t 14 trillion dollars in debt. We had a manufacturing base that built the world out of the Great Depression following World War Two. We no longer have that.

Now people are at the edge. They’re stressed out. Look, the Americans are the most depressed nation on the world already. They take more antidepressant drugs than anybody, plus the other kinds of drugs that they are taking. You’re going to see crime levels in America that are going to rival the third world. You’re going to start seeing people being kidnapped in this country like they do in other underdeveloped nations. So it’s going to be very violent in America.

You might be reading this and think I'm kidding. Mark my words, I’m not exaggerating, the facts are there. I have a saying: when people lose everything and they have nothing to lose, they lose it. You’re going to see people saying, off with their heads. There’s going to be another revolution in this country.

We’re going to start seeing a tax revolt in the United States. People are one job away from losing everything. We’re seeing more and more closures, people are being laid off. People are stretched to the limits. And what do they do in New York State? Some 130 new taxes are being proposed, they’re raising sales taxes. There’s going to be a tax revolt in this country from property taxes first and school taxes second. That’s what we’re going to see start to happen.

People are hopeful, they are desperate and they are fearful. And they’ll hang on to anything. Let’s look at the facts for just a sec. A man of change, who did he bring into Washington? You know they say by their deeds you shall know them. Let’s look at his Treasury Secretary, Timothy Geithner, former Robert Rubin from the Clinton administration, the former president of the New York Federal Reserve Bank. Change? How about Larry Summers, the former Clinton Secretary of Treasury? I never remember a newly elected president bringing in basically the national security team from the last administration who happen to be from another party. Change?

By their deeds you shall know them! If I bring in a baseball hitter that strikes out every time and I want him to play in the World Series is he going to hit the ball over the fence? They brought in Larry Summers, Timothy Geithner. Look at the crew. Look who they are. They’re strike out artists, every one of them. The only thing that they know how to do is not to get their finger nails dirty.

Remember these words - No new taxes. I didn’t have sex with that woman, Monica Lewinski.I smoked but I didn’t inhale. Saddam Hussein has weapons of mass destruction and ties to Al-Qaeda. Why would anybody believe these people? They have always lied to us and always will lie to us.

The world is very hopeful, using the word ‘hope’, with the Obama administration. And again, we’re going to have to see what transpires, but so far, and again, by their deeds you shall know them. Obama, when he first started to run, he was going to be out of Iraq. As soon as he became president he was going to start bringing soldiers home. Now they won’t be out for 16 months and now their reports say they’re going to bring upwards of 40,000 more troops to Afghanistan. He was also talking about preventive strikes in Pakistan. So it really doesn’t look like it’s going to be much of a smoothing of geopolitical relations.You can see what’s going on.

A great scholar said, “In today already walks tomorrow.” For me, I’m a political atheist. I look at things for the way they are, not the way I want them to be. I don’t colour them or try to change them because of an ideology. So I look at economics, I look at politics, I look at changes in the family, and I look at geopolitics. Connect the Dots folks. I didn't go to college, I didn't do well in school but it doesn't take a scientist to figure out what's going on. I read and connect the dots. A few posts ago I mentioned how to fix it. While there are many idea's on how to fix what's going it here is another solution

All you have to do is to look back to the 1990s when America entered into a recession. We had 7.2 unemployment rate in 1993. What got the U.S. out of the 1990s recession was something called the ‘internet revolution’ that had a productive capacity. Products were invented, designed, manufactured, marketed and serviced. So Anything that’s going to advance the U.S. into the 21st century in an intelligent way. That’s where the job opportunities are going to be. Maybe it will be green technology. But this year is going to be a scary scary year..........

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