Friday, 11 November 2011
Please see this important Video! (Today!)
Thursday, 13 October 2011
15 de octubre – Unidos por un cambio global
El 15 de octubre personas de todo el mundo tomarán las calles y las plazas. Desde América a Asia, desde África a Europa, la gente se está levantando para reclamar sus derechos y pedir una auténtica democracia. Ahora ha llegado el momento de unirnos todos en una protesta no violenta a escala global.
Los poderes establecidos actúan en beneficio de unos pocos, desoyendo la voluntad de la gran mayoría, sin importarles los costes humanos o ecológicos que tengamos que pagar. Hay que poner fin a esta intolerable situación.
Unidos en una sola voz, haremos saber a los políticos, y a las élites financieras a las que sirven, que ahora somos nosotros, la gente, quienes decidiremos nuestro futuro. No somos mercancía en manos de políticos y banqueros que no nos representan.
El 15 de octubre nos encontraremos en las calles para poner en marcha el cambio global que queremos. Nos manifestaremos pacíficamente, debatiremos y nos organizaremos hasta lograrlo.
Es hora de que nos unamos. Es hora de que nos escuchen.
http://15october.net/es/
Wednesday, 13 July 2011
Alternative Markets, Barter Systems, and Local Co-ops are the Lifeboats That Will Save Us
More and more people are becoming aware of the complete system failure we're experiencing in the United States and around the globe. As the true nature of the control system is revealed, people tend to feel as Howard Beale did in Network when he said, "first, you've got to get mad...and scream, I'm mad as hell and I'm not going to take it anymore!"
But once that anger at being lied to for so long subsides, then we must get on with the business of taking action to make the world more just and hopeful for our children. Many people will take to the streets to protest certain aspects of the current system. Others will do everything in their power to inform or warn their peers of the coming iceberg. Those are good and necessary functions, but they won't stop the Titanic from sinking.
It seems the broken system will continue to take on water despite the best efforts to affect change within it. That's why some are suggesting to jump ship now before they run out of lifeboats. By jump ship, I mean function outside of the system as much as possible. The faulty economic system is only propped up by our belief and support of it. When we operate outside of it using alternative markets, barter systems, local cooperatives, and competing currencies, we not only provide a lifeboat to many frightened passengers, but the paddles as well.
Below is my email interview with alternative market activist and founder of Alt-Market.com, Brandon Smith. He explains the need and benefits of using alternative markets as a form of protest and survival:
EB: What was your motivation for starting Alt-Market?
BS: I had been writing for years under the pen-name “Giordano Bruno” on my first website, Neithercorp.us, which is now retired. My original purpose when I began was simply to provide as much clarity as I could for people who were feeling overwhelmed by the wash of mainstream media disinformation, especially in terms of economic analysis. This was back in 2007 at the onset of the credit collapse, and there were a lot of good writers and researchers already doing great work, but most of it was geared towards people who had a pretty intensive understanding of the common terminology. The MSM, on the other hand, was a highly concentrated example of educational dissuasion through obscure linguistics. That is, they talked big and thought small, and the rest of us were left confused and frustrated. . .
Average Americans believe economics is mind numbingly tedious, and they are right. Primarily, because mainstream financial pundits on your typical FOX News or MSNBC afternoon market show spew vocabulary particular to their field that most of us are not exposed to on a regular basis. They might as well be speaking Sumerian and posting stock quotes in Cuneiform. I really felt this was just a byproduct of the inbred banking and investment world. The complex language makes them appear knowledgeable, almost unreachably superior. In reality, once you learn the terminology of micro and macroeconomics, you begin to discover that these guys actually HAVE been talking gibberish the whole time. It wasn’t you that was incapable of understanding; it was they who were incapable of giving valid explanations. I set out in my own little way to help people realize that they could grasp finance easily, and far better than any talking head on cable television.
Until the past year, I hadn’t really considered taking the reigns of a project dedicated to organizing people around anything. I just didn’t see myself as the “frontman” type. I had written numerous articles on the concept of decoupling from the corrupt establishment system, including pieces on what I call “Alternative Markets”. I figured that launching the ideas and strategies out onto the Web would be enough. “Let some of the heavy hitters in the Liberty Movement pick them up and run with them“, I thought. Some of these guys can jump in front of a camera or a microphone and talk for hours, non-stop about any number of subjects. That just wasn’t me.
Almost out of nowhere I received an email from Stewart Rhodes of Oath Keepers, an organization I have a lot of respect for. Its one of the few that have gone beyond the sphere of education and produced tangible results, and whose members are willing to take substantial risks to their careers and themselves. Stewart was looking for someone to help him with solutions on the economic side of the globalist problem. We agreed that the military, even honorable oath keeping men and women, would feel compelled to participate in a martial law scenario if there was no alternative in place for Americans to utilize during a breakdown. If we were tearing each other apart for food and water, the DHS, FEMA, and NORTHCOM, would have the perfect rationalization for complete lock-down, and a lot of the troops would go along with it.
I brought up my work on decentralization, localization, alternative markets, and barter networks. He basically said “Great, let’s do it. You take the lead.” I was reticent, but Stewart is a Constitutional lawyer, and damned persuasive. It’s almost impossible to dissuade the guy. So, with the help of my good friend and web designer Josh Ogden, Alt-Market.com was born.
EB: How would you define alternative markets? In other words, what constitutes an alternative market?
BS: It was all theory based on diametric opposition; the idea that there is an opposing methodology for every political or social strategy, that defuses the effects of that strategy. If you want to fight elitist centralization of a system, for example, you have to develop your own working system based on decentralization. If you want to stop the destructive effects of globalism, you have to turn away from participation in it, and focus more on localism. The purpose of centralization is to remove options from a cultural system until the only options left are those that YOU want people to bow to, and become dependent on. If the Liberty Movement wants to fight back against this, we have to have the determination to create our own options and stop playing by their rules. I feel that an Alternative Market is one of those options.
As for what an Alternative Market is; it is essentially any method of trade outside the establishment-controlled economy. It could be based on the barter of goods and skills, or the proliferation of precious metals to break our dependence on the fiat dollar (or Federal Reserve Note), etc. It could be a network of people across a county or state, or, an agreement between two friends.
The Federal Government would call this “black market trade”, and they have called it that in the past. After the recent Liberty Dollar case was concluded and they railroaded Bernard von NotHaus with the broadest and most ridiculous interpretation of counterfeiting law I’ve ever seen, the DOJ even compared barter groups and sound money advocates to “domestic terrorists”. This was meant to shoo us away from such organization, but, really, all it did was reveal what they are afraid of. They are desperate, and I do mean DESPERATE, to keep us from developing our own private economies. If we are successful, we will no longer be in the position of dependency on the dollar or the sham economy. When it implodes, we will be relatively unfazed, and certainly not tearing each other apart. Meaning, their rationalization for martial law goes straight down the drain. The thought of that possibility really pisses them off…
EB: Why are alternative markets important? Explain to our readers what the benefits are to supporting alternative markets, barter systems, local co-ops, or competing currencies.
BS: I went into this a little bit above, but I believe widespread alternative trade and barter will solve a large portion of our problems. We deny the Federal Reserve the ability to collect income taxes to pay off the debt they generate out of thin air to enslave the country. We remove ourselves from dependency on the dollar, a fraudulent fiat currency backed by nothing but more debt, which is on the verge of hyperinflating into oblivion anyway. We rekindle the bonds of meaningful community once again, bonds which we have neglected for far too long. And, we openly declare our independence from a bad system run by despicable people. I see very little downside.
Another thing to remember is that barter networks are inevitable. I pursued a comprehensive study of barter markets throughout history before I even began writing my ideas down on paper, and I can tell you, every single modern economic collapse from the Great Depression on resulted in the immediate and natural formation of barter groups, some of them containing tens of thousands of participants. It’s going on in Greece right now! Alternative markets are a necessity when the mainstream economy falters. They work. Period.
I suppose my project is only original in that I changed the timing. I propose that instead of waiting until the whole edifice comes crashing down, we are preempting collapse by building barter networks now. That way we are insulated from the effects of the disaster before it happens.
Another important benefit is that barter networking is the gateway to other forms of organization. You might trade with each other, but you also might work towards mutual defense if things really go downhill, which I’m sure most of us are aware is a distinct possibility.
EB: Do you consider them a form of protest of the current system?
BS: Absolutely. A lot of people naively call America a “free market economy”. This is simply not so. If you have only two options; use the dollar and play the game, or starve to death, then this is not freedom. In a true free market economy, you should be able to participate in a particular system all you want, but also have the choice of walking away at any time. If you can’t walk away, or if you are punished for walking away, then you are slave. That’s the bottom line. Think “feudalism”. The most effective anti-establishment movements are those that create a “third option”; a way of thinking or a means of living outside of mainstream conditioning. This is what really draws the ire of the authorities, because it presents an actual threat to their base of power.
Normal protest in itself is fine and it gives exposure to your ideas, but, really, true protest involves independent action with tangible benefits. This requires nonconformity, and risk. Without risk, there is no chance of gain. Not to disparage street actions, but waving around signs is a minimal risk, and you can see that in the behavior of our government. Nearly 80% of the country was against the bailouts, and many protested admirably, yet they passed the bills anyway without a second thought. They don’t feel threatened by traditional protest. We’re going to have to do much more than that to stop globalization in its tracks, and I think Alternative Markets are a good start.
EB: What do you think is the major reason for the current system's failure?
BS: Oh man! That’s a loaded question. I suppose if I was to go to the very bottom of it all and pick out the primary root from which the whole poisonous vine sprang, it would have to be the establishment of the private Federal Reserve Bank in 1913. It’s funny, because you couldn’t even call the damn thing private four years ago without media sock puppets jumping all over you like feral cats. It’s “quasi-governmental” they used to say. Frankly, I don’t know what the hell that means. Either it is an institution under the direct authority of Congress and the American people, subject to audit and to public scrutiny, or, it is a private corporate bank outside of public control. You can’t be both. Sorry. Them’s the breaks.
Now, Alan Greenspan has finally admitted to the fact that the Fed is private and answers to no one, not even Congress, and the MSM stooges have shut up. However, the reality of that has not set in with the American people yet. Think about it; our entire economy is fully in the hands of a group of private corporate bankers who are almost all open proponents of globalization and the disintegration of national sovereignty for the sake of further centralization under the purview of an unaccountable global governing body. They go to meetings like Bilderberg or Davos along with many of our political leaders in violation of the Logan Act, where no press is allowed, and write foreign and domestic policy which is then implemented without our consent here at home. This isn’t “conspiracy theory”. This is just what’s admitted! Our taxes pay for this monstrosity to exist. We are paying for our own chains.
In terms of the immediate cause of collapse, anyone who has done the research behind the Fed’s activities knows, whether they admit it or not, that the whole nightmare is engineered. I welcome those who are skeptical to read my research papers on the derivatives crisis and the devaluation of the dollar, or the papers of many other alternative economists. It’s all there. The Fed knew it was creating a credit and mortgage bubble all through the '90s and early 2000s. The Fed and entities like Goldman Sachs knew that the derivatives and mortgage markets were an utter farce and on the verge of meltdown (just look into the writings of Catherine Austin Fitts, the former Assistant Secretary of Housing). The Fed knew that the banks were ridiculously insolvent (it has recently been discovered that Lehman Bros. received $18 Billion in secret Fed funds months before they declared bankruptcy, and they warned no one). The Fed knew it all!
So, the only logical conclusion one can come to is that they wanted a financial disaster to take place. Why? They are globalists! They want a global currency, a global economic infrastructure, a global government. The U.S. is simply being prepared for that transition, whether the American people want it or not.
EB: We share the belief that a genuine free market is the answer to current global consolidation, but do you think free markets, or underground markets, will be permitted beyond the local level?
Who knows if they’ll be “officially” permitted at the local level, let alone the national level. I guess there will come a point where Americans will have to ask themselves where the line is. In my opinion, the line was crossed a long time ago, but human beings will put up with a lot of trouncing for the sake of “not making waves”. Under a corrupt government, the law is not for us, and it is not “just”. It is not an equalizer for the safety of the citizenry. Under a corrupt government, the law is a weapon to be used to subjugate the public. That is all. Ultimately, if we wish to survive, and if we wish our principles of liberty to survive, we will have to break the law, because it is in direct opposition to our survival. To be quite honest, I would rather be called a criminal or an “extremist”, than be called an “abiding subject”.
My suspicion is that many people feel the same way, and that free markets will spring up everywhere regardless of what is permitted.
EB: Once local alternative markets are established to weather the transitional storm that is coming, what do you think should replace the Federal Reserve System?
BS: Not the IMF or some other global central bank, even though that appears to be the plan. Alternative Markets are a shield against the storm, but eventually, we’ll have to rebuild our government, only then can we replace the Federal Reserve with something honorable. The way any transition would naturally progress would probably be through the implementation of numerous decentralized markets which would then take on gold, silver, and maybe copper as a common currency mechanism (being that precious metals are the only practical replacements at this time). The power to create and regulate money would have to be given back to the Treasury as was originally intended by the Founding Fathers. A new paper currency is certainly plausible, but this time its production would have to be limited by a metals standard.
People who don’t comprehend how a metals standard works always blubber about how there’s not enough gold or silver to support a currency anymore. They don’t understand that the value of metals increases with demand, and therefore, it wouldn’t matter if there was only one ounce of gold in the entire country. That one ounce would be worth trillions, and each paper currency note would represent a tiny fraction of that ounce, while at the same time forcing a level of commodity backing. There can still be some inflation, but a metals standard sets limits, and it limits the government’s ability to spend with wild abandon. Keynesianism is a travesty. It doesn’t work (obviously), and Keynes himself was a globalist cretin with aspirations of total centralization. Let’s dump his wretched theories and move on, please!
EB: Wouldn't Wall Street have to be completely overhauled as well for a new monetary system to function properly?
BS: I’m not even sure what Wall Street is anymore. It’s certainly not a representation of free markets or of true Capitalism (in the Adam Smith sense). It’s a kind of nasty bulbous tumor now, leaching off the lifeblood of the real economy. The bull market rally we’ve had over the past couple years is completely fiat driven. If the Fed raised interest rates tomorrow, I guarantee stocks would plummet to 2008 levels or lower. The bailouts and Quantitative Easing are the only things keeping it alive. Fiat injections are like formaldehyde for the Dow; it’s a corpse, but a pretty corpse, with blush and a nice suit. It looks almost alive, but it died a long time ago, and its starting to smell a little. I think speculative markets have a place in any economy, and investment must be encouraged. But, it should be investment based on legitimate performance, not cooked books and fabricated securities. In a new stock market, transparency would have to be demanded with no exceptions. That’s the only way it would work.
EB: What do you ultimately hope to achieve with your alternative market social network?
BS: We began with the goal of 50,000 members before collapse escalates towards hyperinflation. Right now we have around 1200 members, so we have a long way to go, though there has been a very exciting snowball effect in membership over the past month. The website itself is just a springboard for local action. I try to impress this on all our members. It’s not enough to merely join the site and start a group in your town or city; you have to leave your freaking house and meet each other face to face. You have to commit to real organization and real trade. You know . . . what people used to do before the Internet. My hope is that through Alt-Market, we can facilitate strong community building across the country and help people to remember that they do have a choice. That they can walk away from the rigged game and play by their own rules. Most importantly, my hope is that it will save lives, and save our country. It’s not a perfect country, but that shouldn’t stop us from aspiring to something better.
We can sit around on our asses and complain about the terrible state of the world, or we can take it upon ourselves to clean up the mess. That’s all there is. If you are afraid to take action, then I suggest you consider what will happen if you don’t. I see far more danger in complacency and fear than I see in defiance and courage.
EB: Where do we go from here, what can people do to stimulate alternative markets?
BS: My website is only one way to build a barter network. You don’t have to join to do it, we just try to make the process easier for you. Food production should be a priority for any new alternative market, especially in the face of inflation. Approaching farmer’s co-ops or garden co-ops, or even starting your own and trying to develop a barter plan, would be a good first step. Getting people to meet bi-weekly and discussing goals would be more than what most in the movement do. It’s a lost art form. It’s going to take a little time for us to relearn how barter is done.
Stewart Rhodes and I will actually be driving Alternative Markets even further with our Safe Haven State Project, which will be ready for launch soon. For those who feel the area in which they live is too unreceptive to barter networking, we’ll be building barter communities in states and counties that have a strong existing foundation. The first state we will be focusing on is Montana. We also hope to work with other Free State Projects like those in New Hampshire and Wyoming to give people more moving options. The plan is to set up coordination committees and welcome wagons within certain areas that will make your move smoother, as well as help you to find housing and employment. On top of this, as more people move to these Safe Havens, barter networks will grow until a full bore alternative economy is in place. I will be putting my money where my mouth is and moving to one of these areas shortly.
At bottom, we need to set aside our cynicism and our nihilism and become human again. There is nothing to lose and everything to gain. Honestly, I don’t know many people that have better things to do. There is no excuse for failure. In the words of Carl Jung; we make our own epoch.
Please visit Alt-Market today to begin building your local alternative market connections. And please consider making a donation to their summer fundraiser; the movement needs lifeboats and paddles. You can reach Brandon at brandon@alt-market.com.
Friday, 29 April 2011
Preparing at Unprecedented Levels
SHTF Plan
Do you have enough larder to feed your family and some friends if grocery stores ran out of food? How about several assault rifles and a few thousand rounds of ammo? Solar panels, a water filter, medical kits, bug-out bags, fire starters, tents, sleeping bags, some junk silver and reserve gasoline?
Don’t worry, you’re not alone.
It’s becoming apparent to many Americans that depending on our local, state and federal governments in the event of an emergency, catastrophic societal collapse or widespread disaster will not be sufficient to meet the needs of your family. Residents in Colorado (and likely the other 49 states) are stockpiling in droves and preparing to live off the grid if it comes to that:
Four families in Yoder are building a sand bunker and stockpiling ammunition and weapons.
A Black Forest resident has erected a geodesic dome on her 5-acre spread to grow vegetables, keeps horses for emergency transportation, in case she can’t get gasoline for her car, and plans to acquire chickens and goats as food sources.
A husband and wife who have a cabin on 100 acres of secluded land in Park County have weaned their property from the electric grid, acquired a three-year food supply and taken other measures to become self-sufficient.
While there’s little threat of the earthquake and tsumani that rocked Japan last month in landlocked Colorado, other epic crises on the home front are possible: A flood or fire. A terrorist attack. A nuclear weapons launch. World War III. Or an apocalyptic-type scenario.
An increasing number of people say they are getting ready.
“More people are getting into the survivalist mode. I’ve been in business 30 years, and I’ve never sold so many assault rifles as now. The last year was the best we’ve ever had,” said Mel Bernstein, a Class III weapons dealer and owner of Dragon Man’s shooting range east of Colorado Springs.
Israeli gas masks, helmets and sand bags also have been selling well, he said.
“People are putting stuff away in case something big happens,” he said. “I think it’s superstition, but it’s been good for business.”
Interest in the survivalist movement has been heightened, many say, by global turmoil.
The ongoing strife in the Middle East, the lingering possibility that the Obama administration will enact stricter gun laws and the sustained economic downturn, coupled with political unrest in Libya and Japan’s nuclear catastrophe, have made people uneasy.
In addition, doomsday prophesies by Nostradamus and the Mayans pinpointing 2012 are distressing for some. There’s also a group of Christians who say they’ve determined that the end of the world will begin on May 21.
“People are afraid, and they want to be able to protect their families,” Bernstein said.
Y2K — the dawning of the third millennium — brought forth a fury of survivalist instincts, as many believed the nation’s network of electric connections and computer systems would crash.
The terrorist attacks of Sept. 11, 2001, raised concern among even the complacent.
But this time in history feels more urgent, say those who identify themselves as “preppers” — people preparing to have all they need to sustain a catastrophe.
“There’s a distinct possibility that some other country could wipe out our electronics and computers, and the U.S. infrastructure is not ready — it would take six months to rebuild a transformer,” said Bob, a retired engineer who said he designed airplanes, power plants and aqueducts for the government.
He asked that his last name not be used because he shares a philosophy common among preppers: the desire for anonymity. Not everyone understands why they’re doing what they’re doing, Bob said, and there’s the possibility of others looting their stockpiles.
“Preppers will give someone a pound of rice and a bowl of soup, but we’ll defend ourselves against people who are going to take everything we have,” he said. “We’re doing this to make sure that we can live the way we’ve been living and we’re not going to be out there scrounging or stealing food from others.”There are any number of scenarios, both natural and man-made, that could lead to what preppers refer to as TEOTWAWKI (The End of the World as We Know It), be it an electro magnetic pulse attack, a US dollar hyperinflation, economic collapse, an earthquake along the New Madrid Fault Line, Yellow Stone’s super volcano, or the purported Mayan end of days.
While some may be more likely to occur than others, and some are improbable outliers, the fact that the possibilities exist, and that there are a whole host of reasons why life as we have come to know it could be halted from one day to the next, makes preparedness that much more reasonable.
We’ve seen how governments respond to disasters. Recent history in the modern age suggests that there is simply no way to meet the needs of millions of people if a far-from-equilibrium situation were to arise.
Americans spend thousands of dollars per year on insurance for our homes, our cars, our health, our lives, and even our mortgages.
Is it really so crazy to insure ourselves from unforeseen black swans by stockpiling some food, water, supplies and a means to protect them?
The US government is spending billions of dollars to prepare for unlikely events like war, catastrophic collapse of society, and even asteroids – maybe you should consider a little end-of-the-world insurance as well.
Tuesday, 26 April 2011
Into The Economic Abyss - Taking responsibility for your own food
Over the past few years, mainstream analysts have shown a tenacious blind faith in the U.S. economy and the dollar that goes far beyond religion to the point of mindless cultism, so, when even they begin to question the future of American finance (as has been occurring more and more everyday), you know its time to worry. For those that have been following my work since 2007, the events of the past few months have not been a surprise at all, however, for those just waking up to the ongoing implosion of our fiscal infrastructure, the bubbling inflationary meltdown just over the horizon and the nightmare unfolding around our national debt is rather shocking. Living through a full spectrum catastrophe is, to say the least, confusing, especially when you have no idea where the whole thing began.
Until now, the mainstream media has provided nothing but economic fantasy for the masses. They have satiated the public with what amounts to financial toddler talk for helpless preschool minds averse to any research beyond their daily 15 minute sippy cup of New York Times, CNN, MSNBC or FOX cable news sound bites. I mean, have you ever actually stopped and read a Paul Krugman article more than once? Or listened carefully to an MSNBC economic piece? It’s like being violently accosted by a band of slobbering mental deficients with securitized ARM mortgages stuffed in their pants. Of course, fewer and fewer people are now buying what these hucksters are selling. With gasoline nearing $5 a gallon, grain prices doubling, and shelf prices beginning to skyrocket, it’s hard for even the most ignorant suburban schlep to remain oblivious to the problem anymore. We are no longer on the edge of the abyss; we have fallen into it head first…
I make this statement not for effect, not to startle people out of their apathy, not even to illustrate what “may” be coming around the bend in the near future. I make this statement as directly and sincerely as I know how; we have indeed crossed the line between economic weakness and economic catastrophe. For those of you who have been asking when the final stage of the economic collapse will begin, that time has arrived. Here is why…
Energy Inflation Overdrive
Here’s how to tell when inflation is about to run out of control in your country; wait for the politicians and bankers to begin making excuses for its consequences instead of pretending it doesn’t exist! Remember after the initial 2008 spike in oil prices when we talked about the prospect of “speculation” as the culprit? Remember also that I have pointed out for the past three years at Neithercorp Press that when the dollar eventually began to crumble, and the price of crude began to spike again, the government would try to blame speculators as the scapegoat hoping that Americans would assume the situation today was the same as it was in 2008?
http://neithercorp.us/npress/2010/12/oil-juggernaut-unleashed/
Well, guess what? The Obama Administration has just initiated the first volley of “speculation” propaganda talking points by tapping the Department Of Justice among others to “investigate” possible trader fraud and speculation in the price destabilization of oil:
Ah! So it’s those devious “traders” and “speculators” out there in the ether that are driving up the price of oil, and don’t worry folks, ole’ Barry is on the case! Little mention of OPEC’s general distaste for current U.S. activities in the Middle East. And certainly, no mention of the dollar’s continuous sharp decline over the past two months from the White House as being even remotely responsible for you being robbed at the gas pump. The dollar, despite intervention by G7 countries, continues to depreciate against the Japanese Yen, and has also slid to a 15 month low against the Euro:
http://www.rttnews.com/content/CurrencyMarket.aspx?Id=1597070&SimRec=2&Node=
At the publishing of this article, the Nymex crude index is at around $113 a barrel, while the Brent crude index stands at $124 a barrel. Gasoline prices across the country are averaging $3.50 to $4.00 a gallon. Now, some crazy individuals out there may question any overt concerns towards $120 or even $150-a-barrel crude. We survived it back in 2008, right? Why not today? However, this fuzzy logic depends greatly on a very unfortunate premise; that the economic atmosphere of today is the same as it was in 2008. Not even close…
The crude explosion in 2008 lasted for around six months, peaked at around $4 a gallon, and then ended with a deflationary-like plunge precisely because that price spike WAS (for the most part) caused by speculation. This time, expect no peak. Only an endless steady climb as the summer months progress. We have been calling for an increase in oil costs far exceeding the $150 a barrel achieved in 2008 and we stand by that prediction.
Negative aspects of energy inflation will take hold much faster than in 2008, primarily because our economic foundations are even weaker than they were three years ago. Today, we not only have a massive and unsustainable national debt, and a credit crisis still unresolved, but also a privately controlled Federal Reserve with no oversight running amok, printing non-stop since the derivatives bubble first popped. Not even the dollar’s fake reputation as a safe haven investment can stall the collapse now.
High energy costs hit every conceivable sector of the economy, from freight, to food, to vacations, to housing. People drive less when it costs them twice as much to do so, which means less shopping, fewer trips to Disney World, and second thoughts about moving to a new home in a new state. The cost of producing goods hits wholesale prices, which eventually hit retail prices when corporate chains are no longer able to absorb the increases. Your electric and heating bills take a bite right out of your tender behind. All of these factors will snap the thin thread our system is clinging to. America, as we know it, WILL NOT survive $5-$10 gas. Period.
To Default, Or Not To Default
Should the debt ceiling be raised? Should it be frozen in place? Frankly, in the short term, these questions are irrelevant. In either case, the taste and feel of the resulting chaos will be the same. Holding the debt ceiling in place will at least (in theory) stop the Federal Reserve’s printing bonanza. If the Treasury can’t continue borrowing from the Fed, then the Fed has no means to continue creating debt or fiat (my suspicion though is that they would find a way around this). A national default would result. The U.S. Treasury Bonds held by governments around the world would become essentially worthless, the dollar would lose its reserve status, plummet in value, and hyperinflation would result.
If the debt ceiling is raised yet again, the Fed will persist in its quantitative easing programs until the dollar is dust, or foreign central banks lose all interest or respect and begin a dollar/treasury dump, again resulting in hyperinflation or Stagflation. Today, news has hit the wire that officials in China are discussing a reduction of their large forex (Foreign Exchange) reserves to around $1 Trillion and diversifying away from the Greenback:
http://news.xinhuanet.com/english2010/china/2011-04/23/c_13842843.htm
To put this in perspective, China currently holds around $3 Trillion in various bonds and currencies, a large portion of them U.S. dollars. This means that China is now considering cutting its reserves by over two-thirds! Can you guess where the majority of those cuts are going to come from…? This is devastating news for the dollar!
It is perhaps not a coincidence that this news comes right after the S&P changed its debt rating outlook for the U.S. to negative. At the beginning of this year, the Obama Administration and the Treasury made it clear that rating agencies would be ignored when it came to their analysis of the American debt situation. Rather convenient since this was right before U.S. default became a stark reality in the face of budget battles and the falling dollar. Ironically, despite the government’s insistence that ratings agencies views no longer mattered, the White House still attempted to pressure the S&P to back down from its recent announcement:
http://www.foxnews.com/politics/2011/04/20/obama-officials-tried-convince-sp-issue-credit-warning/
Fitch has also warned that the U.S. “official” debt to GDP ratio is around 100%, an impossible position for any nation to maintain and still hold onto a AAA credit rating. As long as we continue to spend at the rate of a trillion dollars or more a year (not counting Fed stimulus spending which is mostly unknown), and the so called GOP leadership is willing to compromise cuts down to a pathetic pantywaist $38 billion, you can bet the ratings outlooks will grow much worse in the coming months. That said, if you see what I see; the endless stream of evidence asserting a deliberate destruction of the U.S. economic structure and the dollar as a pretense to remove it as the world reserve and replace it with a basket of currencies under the control of the IMF, then the government’s seeming fiscal madness and its complete inability to heed the wishes of the people it is supposedly tasked with defending makes perfect sense. To put it simply, they represent globalist interests, not our interests. Shocking….I know. But then again, I’m just a crazy kooky conspiracy theorist doom monger terrorist puppy killer….
But at least I’m not a liar…
Alternatives: Ours And Theirs
Nothing scares the hell out of me more that $1500 an ounce gold and nearly $50 an ounce silver. I mean, I’ve been predicting it since the credit collapse, and I’ve been begging people to buy precious metals for the better part of three years. Its one thing to know that such inflation is coming, but it’s another thing to witness it first hand. If you took my advice to buy silver back in November of 2010 at $25 to $27 an ounce, for instance, then your investment has just doubled. It’s barely been six months!
http://neithercorp.us/npress/2010/11/silver-still-the-investment-of-a-lifetime/
Despite incredible market manipulation, precious metals have fought back and are now on the path to historical highs. Even if you are a holder of PM’s, though, this is not good news for the country.
There are two reasons why international banks like JP Morgan have consistently manipulated the market value of gold and silver down (and been caught in the act). First, global bankers strive to remove all competition from any economic system, and this includes forms of currency. Gold and silver have long been competing forms of currency to fiat paper. Therefore, banker attacks on metals are a given. The less viable gold appears to be as an investment, the less people will take it seriously as an alternative to the dollar. You must be forced to believe that only dollars hold “tangible value”, otherwise, Americans would realize they don’t need the dollar (or any fiat currency) at all.
Second, commodities like gold and silver are traditionally prime indicators of inflation and dollar devaluation. Skyrocketing commodities mean poor monetary policy. Thus, manipulation of metals downwards helps to hide poor monetary policy. The doubling of silver in only six months despite this manipulation, along with the doubling of most other commodities in the past two years, is not just a sign of destructive inflation, it is a guarantee.
As the dollar heart attack nears a climax, many individuals as well as sovereign states are turning towards precious metals and alternative markets as a way to hedge against a Weimar-style fiscal fiasco. At the same time, globalists are introducing their own “solutions” into the mainstream. Joseph Stiglitz of Columbia University has come out against the dollar, calling for an end to its world reserve status as well as the implementation of a new “global system”:
George Soros has done the same at his Bretton Woods II conference, which received almost no initial publicity despite four major journalists on the speaking list, including the editors of both Reuters and The Times, calling for the “global regulation of financial systems”, as well as the formation of a “New World Order”:
http://www.guardian.co.uk/politics/2008/nov/14/g20-summit-key-aims-imf
So, you have the American people pulling towards transparency and sovereignty, and you have the globalists pulling towards more secrecy, more unaccountability, and more centralization. Story as old as time, right? Perhaps the stakes are higher this go-around…
If global banks have their way, we are facing, at minimum:
Full Housing Collapse
Full Credit Collapse
Grid Failures
State And Municipal Defaults
National Default
Energy Crisis
Food Crisis
Civil Unrest
Increased Crime
Reduction Of Civil Liberties
Martial Law
How these incidents play out in the end is dependent upon the reactions of the citizenry. Placation will result in the complete loss of Constitutional freedoms. Rage could result in civil war. There are no easy answers. There are no magic bullets that remove all obstacles. This IS the reality we are facing in the near term, and there is little left to question. I am personally shifting away from economic analysis because I feel that the problems are so numerous and so evident that it makes little sense for me to point them out much longer. The elephant in the room has been noticed.
If ever there was a time for solutions and action, it is now. From my perspective, the best bet for short term protection against inflation and dollar collapse is for communities and hopefully states to begin decoupling from the diseased system entirely. This means localized markets, self sustained neighborhoods and towns, as well as sound money legislation and nullification bills at the state level. It means average Americans taking responsibility for their own food, energy, money, and defense. It means pursuing the exact opposite of what international bankers are suggesting; a global version of the Federal Reserve with prolonged fiat slavery.
Again, we have crossed the line. Every concrete economic signal and index I know of shows the avalanche is no longer building but in progress. Prepare now, or not at all.
You can contact Brandon Smith at: brandon@alt-market.com brandon@alt-market.com brandon@alt-market.com
Saturday, 15 January 2011
5 simple Ways to prepare for the Comming Food Crisis
5 Simple Ways To Prepare For The Coming Food Crisis
Dees Illustration |
Recently there has been an incredible flurry of news reporting about food shortages and the pending global food crisis. Everyone who looks at the indicators would agree that this crisis is only likely to worsen. It is estimated that the Australia floods alone could cause a 30% jump in food prices. Although the average shopper already can feel the food inflation, it is difficult to recognize the severity of the looming food shortages. After all, there are still 15 types of colorfully-boxed Cheerios packing the isles, which gives us the illusion of abundance.
The truth is that we are headed for large food production shortfalls, manipulated or not, while middle-class food demand grows massively in the developing world. For decades the world's agriculture community produced more than enough food to feed the planet, yet some now believe we are reaching "Peak Food" production levels. In turn, other experts believe the "food bubble" is about to burst, and not even the biotech companies can save us.
However, there are still vast unused stretches of fertile land that can be used around the globe, and the U.S. ethanol mandates that reportedly consume at least 25% of the corn harvest could be reduced to ease the burden. Therefore, it seems that despite the extreme weather and dwindling harvests, food production still has room to increase, but not without foresight and planning.
Additionally, the current systems for growing food are fully dependent on oil to achieve high levels of production, while livestock production is running at full concentration-camp capacity; the end product must then travel thousands of miles to get to store shelves. Clearly we can see the fragile nature of this system, especially on human health and the environment. Consequently, solving the so-called "food crisis" is far more complex than simply fixing statistical supply and demand issues.
Indeed, these are turbulent times where humanity appears to be nearing Peak Everything. Ultimately, solutions to the food crisis will begin at the local level. There are cutting-edge farming techniques gaining popularity that produce a large variety of crops by mimicking nature, as well as innovative techniques for small-scale food production at home or in urban buildings. These hold promise for easing local hunger.
Personal ways to protect yourself from food shortages may seem obvious to some, but many feel the task can be insurmountable. To the contrary, here are 5 simple ways to protect yourself from the coming food crisis:
Source |
2. Produce Your Own Food: Having some capacity to produce your own food will simply become a necessity as the food system crumbles. If you don't know much about gardening, then start small with a few garden boxes for tomatoes, herbs, or sprouting and keep expanding to the limits of your garden. And for goodness sakes, get some chickens. They are a supremely easy animal to maintain and come with endless benefits from providing eggs and meat, to eating bugs and producing rich manure. Five laying hens will ensure good cheap protein for the whole family. If you have limited growing space, there are brilliant aquaculture systems that can produce an abundance of fish and vegetables in a small area. Aquaponics is a contained organic hydroponic system where the fertilized waste water from the fish tank is pumped through the vegetable growing trays which absorb the nutrients before returning clean water to the fish tank. Set high goals for independent food production, but start with what's manageable.
3. Learn Food Preservation: Food preservation comes in many forms such as canning, pickling, and dehydrating. In every case some tools and materials are required along with a good deal of knowledge. If you can afford a dehydrator, they all usually come with a preparation guide for most foods. You can also purchase a vacuum sealer if you have the means. A good vacuum sealer should come with thorough instructions and storage tips, and will add months if not years to many food items. If you're a beginner at canning, start with tomatoes first. It's easy and very valuable when all your tomatoes ripen at the same time and you want fresh pasta sauce in the winter. A bigger ticket item that is nice to have for food preservation is a DC solar powered chest freezer. It is the ultimate treasure chest.
4. Store Seeds: The government and the elite have seed banks and so should you. Seeds have been a viable currency in many civilizations past and present. They represent food when scarcity hits. Before the rise of commercial seed giants like Monsanto, local gardeners were adept at selecting seeds from the healthiest plants, saving them, and introducing them to the harvest for the following year, thus strengthening the species. Through local adaptation to pests, genetic diversity was further ensured; it was long-term thinking at its finest. That is why it is important to find heirloom seed banks and learn to save seeds from each harvest.
5. Join or Start a Local Co-Op: Joining local cooperatives is very important, especially when food shortages occur. You may not be able to provide for yourself completely, especially in terms of variety, so having a community mechanism to spread the burden and share the spoils will be critical. If you don't know if you have a local food cooperative in your area you can search the directory at LocalHarvest.org. You may also be able to get information from your local farmers market. If your area doesn't have a co-op, then start one. These co-ops don't have to be big or elaborate. In fact, it may be more optimal to organize it with friends, neighbors, or co-workers. Whether you join or start a cooperative, work to expand the participants and products.
Please tell us how you're preparing by sharing your story in the comment section.