Only 8 more months until our taxes are due!
Bank Runs
Stock Market Brushfire; Will There Be a Run on the Banks?
If Americans Stop Shopping, Then Panic
Homebuilders' confidence at 16-year low -maybe they could use some Tony Robbins' positive thinking tapes :-) By the way, is that guy still around and what happened to Carlton Sheets, the real estate infomercial guru- has he survived the meltdown??
Berkeley Analysis Confirms FMNN Report of Big Iowa Win for Ron Paul
High-risk spending – Ron Paul = Is it possible to be too smart to be electable?
The mortgage crunch bites even the rich Less tea and crumpets for the snooty crowd
All signs point to housing glut
Millionaire hopefuls' cash gone with breeze Whatever happened to that IamFacingForeclosure.com/ Casey Serin guy? Ah, fame is fleeting.
The Fed Bought What?
The Home Of The Bruce Collins Show
Wednesday, August 15, 2007
Tuesday, August 14, 2007
News of Interest for August 14th...
The Fed decided not to pump liquidity into the markets today. What happened? At present, the Dow sank over 100 points. A very slippery slope, indeed.
My 401(K) has a cash position that seemingly looks like a good place to park money while the US Stock market practices kamikaze moves. What's wrong with that? Well, when you dig deeper, much of the "CASH" are mortgage-backed securities. It really makes you wonder what all will be devastated when this thing finally hits the last barricade and leaps over the cliff.... If you have a cash position in your 401 (K), you might be better served just putting your money in the international fund (especially if your company does not offer inflation protection).
California cities fill foreclosure list "We built this city on massive debt..."
Wholesale inflation jumps in July The worst of all worlds, our housing 'investments' are going down while everything else goes up.
Housing woes hammer Home Depot, Wal-Mart
Mattel recalls over 9M more toys Santa, have you been poisoning my kids?
What Does "Fed Pumps $68 Billion into Banking System" Actually Mean?
My 401(K) has a cash position that seemingly looks like a good place to park money while the US Stock market practices kamikaze moves. What's wrong with that? Well, when you dig deeper, much of the "CASH" are mortgage-backed securities. It really makes you wonder what all will be devastated when this thing finally hits the last barricade and leaps over the cliff.... If you have a cash position in your 401 (K), you might be better served just putting your money in the international fund (especially if your company does not offer inflation protection).
California cities fill foreclosure list "We built this city on massive debt..."
Wholesale inflation jumps in July The worst of all worlds, our housing 'investments' are going down while everything else goes up.
Housing woes hammer Home Depot, Wal-Mart
Mattel recalls over 9M more toys Santa, have you been poisoning my kids?
What Does "Fed Pumps $68 Billion into Banking System" Actually Mean?
Monday, August 13, 2007
News of Interest for August 13th...
Credit Problems are Too Big for the Feds to Fix - but they'll try with newly printed bills...today, they added another $2B into the markets and the Dow still finished down slightly. Imagine what would happen to the Dow if they weren't tinkering. Now, imagine what is happening to your currency with their tinkering. Yikes!
Asia and the Vicious Cycle of Bank Bailouts
Kindling for the Real Estate Inferno
Financial System in Jeopardy! - maybe Greg Kihn can resurrect his 80's career with a new financially based song, "Our Money's in Jeopardy"
A wicked credit crunch
Storm clouds for builders – San Francisco Chronicle
Ron Paul: Nearly 10% in Iowa straw poll
What You Didn't Know: Government Agencies, Federations Quietly Developing Technology For Prophetic 'Global ID System', Not Just National ID
World's First RFID Smart Retail System Launched
SCHMIDT RFID, a leading RFID solution provider has launched the world’s first Smart Retail System (SRS) which uses Radio Frequency Identification (RFID) technology and sophisticated software. The system offers customers a unique and innovative shopping experience.
I seem to remember these headlines being written in a book over two thousand years ago:
REVELATION 13:16 "And he causeth all ... to receive a mark in their right hand or foreheads, that no man might buy or sell save he that had the mark"
Asia and the Vicious Cycle of Bank Bailouts
Kindling for the Real Estate Inferno
Financial System in Jeopardy! - maybe Greg Kihn can resurrect his 80's career with a new financially based song, "Our Money's in Jeopardy"
A wicked credit crunch
Storm clouds for builders – San Francisco Chronicle
Ron Paul: Nearly 10% in Iowa straw poll
What You Didn't Know: Government Agencies, Federations Quietly Developing Technology For Prophetic 'Global ID System', Not Just National ID
World's First RFID Smart Retail System Launched
SCHMIDT RFID, a leading RFID solution provider has launched the world’s first Smart Retail System (SRS) which uses Radio Frequency Identification (RFID) technology and sophisticated software. The system offers customers a unique and innovative shopping experience.
I seem to remember these headlines being written in a book over two thousand years ago:
REVELATION 13:16 "And he causeth all ... to receive a mark in their right hand or foreheads, that no man might buy or sell save he that had the mark"
Saturday, August 11, 2007
Straw Poll Results...Style over SUBSTANCE (AND does McCain have an EXIT strategy?)...
Iowa Straw Poll Results
Mitt Romney4,516 / 31.5%
Mike Huckabee2,587 / 18.1%
Sam Brownback2,192 / 15.3%
Tom Tancredo1,961 / 13.7%
Ron Paul1,305 / 9.1%
Tommy Thompson1,039 / 7.3%
Fred Thompson203 / 1.4%
Rudy Giuliani183 / 1.3%
Duncan Hunter174 / 1.2%
John McCain101 / 1.0%
John Cox41 / .1%
14,302 Total Votes
26,000 Total Tickets Sold
Source: Cyclone Conservativeshttp://cycloneconservatives.blogspot.com/2007/08/mitt-romney-wins-ames-straw-poll.html
Mitt Romney4,516 / 31.5%
Mike Huckabee2,587 / 18.1%
Sam Brownback2,192 / 15.3%
Tom Tancredo1,961 / 13.7%
Ron Paul1,305 / 9.1%
Tommy Thompson1,039 / 7.3%
Fred Thompson203 / 1.4%
Rudy Giuliani183 / 1.3%
Duncan Hunter174 / 1.2%
John McCain101 / 1.0%
John Cox41 / .1%
14,302 Total Votes
26,000 Total Tickets Sold
Source: Cyclone Conservativeshttp://cycloneconservatives.blogspot.com/2007/08/mitt-romney-wins-ames-straw-poll.html
Coming Soon To A Country Near You...
CHINESE LAUNCH HIGH-TECH PLAN TO TRACK PEOPLE...
>>Starting this month in a port neighborhood and then spreading across Shenzhen, a city of 12.4 million people, residency cards fitted with powerful computer chips programmed by the same company will be issued to most citizens.<<
Who says the countries of the world aren't working together? This is exactly the NATIONAL ID card proposed for May 2008 in the USA.
To quote my ancestors: LIVE FREE OR DIE.
>>Starting this month in a port neighborhood and then spreading across Shenzhen, a city of 12.4 million people, residency cards fitted with powerful computer chips programmed by the same company will be issued to most citizens.<<
Who says the countries of the world aren't working together? This is exactly the NATIONAL ID card proposed for May 2008 in the USA.
To quote my ancestors: LIVE FREE OR DIE.
Thursday, August 09, 2007
News of Interest for August 9th...
Sorry I'm posting this news so late...Very busy day for me!
Wow, the Dow really took a tumble today and I wouldn't be surprised if there are more days like this to follow. HIGH volatility right now. It's better to hold cash until you can recognize a bottom and then, by all means, dive into stocks that will do good under an inflationary scenario- because the Fed is juicing the monetary supply. They doubled output this week (and several other countries did also, which proves when this thing gets out of hand, commodities will be a better bet than foreign fiat currencies)...
I also thought this was pretty cool: WWE Wrestler Kane Supports Ron Paul (Sooo, he's actually a GOOD GUY)... When I was a promoter, I mostly met 80's wrestling stars, not the current ones (although I did meet the Rock- nice guy)... but Kane seems pretty sharp, all of a sudden.
Chinese Prosperity Will Set Off Global Food Inflation
Terrorists Teaming With Drug Cartels
Asian shares tumble on Wall Street selloff
Ron Paul quietly converting GOP believers
Wow, the Dow really took a tumble today and I wouldn't be surprised if there are more days like this to follow. HIGH volatility right now. It's better to hold cash until you can recognize a bottom and then, by all means, dive into stocks that will do good under an inflationary scenario- because the Fed is juicing the monetary supply. They doubled output this week (and several other countries did also, which proves when this thing gets out of hand, commodities will be a better bet than foreign fiat currencies)...
I also thought this was pretty cool: WWE Wrestler Kane Supports Ron Paul (Sooo, he's actually a GOOD GUY)... When I was a promoter, I mostly met 80's wrestling stars, not the current ones (although I did meet the Rock- nice guy)... but Kane seems pretty sharp, all of a sudden.
Chinese Prosperity Will Set Off Global Food Inflation
Terrorists Teaming With Drug Cartels
Asian shares tumble on Wall Street selloff
Ron Paul quietly converting GOP believers
Wednesday, August 08, 2007
My guest this Friday on the Big Finale...
Keith A. Robinson, author of the sensational new book, Logic's End: A Novel About The Origin Of Life In The Universe
www.anomalospublishing.com/logic
www.anomalospublishing.com/logic
Tuesday, August 07, 2007
News of Interest for August 7th...
My article:
The Federal Reserve: Destroyed From The Inside Out
My friend Lynn Marzulli, who recently appeared on Coast to Coast AM, and had an internet radio show that followed mine on Friday nights:
The Mothman Prophecies
Other stuff:
US Housing Crisis Deepens as American Home Mortgage and Other Lenders Face Defaults
U.S. Productivity Rose 1.8% Last Quarter; Labor Costs Up 2.1%
Blame Greenspan or, more appropriately, just blame the entire Central banking system!
Ron Paul delivers the best moment in the GOP debates
The Federal Reserve: Destroyed From The Inside Out
My friend Lynn Marzulli, who recently appeared on Coast to Coast AM, and had an internet radio show that followed mine on Friday nights:
The Mothman Prophecies
Other stuff:
US Housing Crisis Deepens as American Home Mortgage and Other Lenders Face Defaults
U.S. Productivity Rose 1.8% Last Quarter; Labor Costs Up 2.1%
Blame Greenspan or, more appropriately, just blame the entire Central banking system!
Ron Paul delivers the best moment in the GOP debates
Monday, August 06, 2007
Thanks to Rev. Brian Kluth
Thanks to Brian Kluth for being an outstanding guest on Friday. I'll have the archive up early this week.
Wednesday, August 01, 2007
September Surprise?
Pray for the USA and pray for wisdom.
New Al Qaeda Web Ad Threatens 'Big Surprise'...
Prophetic Last Day Signs Come to Life in Light of Events
New Al Qaeda Web Ad Threatens 'Big Surprise'...
Prophetic Last Day Signs Come to Life in Light of Events
News of Interest for August 1st...
Italy Considering Gold Sales to Pay Off Debt If this is the case, this will drive gold prices down short term but this is bullish for the big picture. BUY ON THE DIPS.
Tuesday, July 31, 2007
Fascinating, and enlightening, website---
http://ml-implode.com/
Gives a list of all the lenders that have imploded in the mortgage lending industry- sobering!
Gives a list of all the lenders that have imploded in the mortgage lending industry- sobering!
News of Interest for July 31st...
Wow, it's August already (ok, theoretically it's August tomorrow)!
More firms hit by meltdown in subprime loans
Consumer confidence near 6-year high - This is pretty interesting. I wonder if this is 1929/'everything is great' mentality.
Retirement risk: Who's falling short
Housing Death Knell for the Economy
Let's see what they are saying overseas:
Sub-prime crisis may trigger global meltdown
More firms hit by meltdown in subprime loans
Consumer confidence near 6-year high - This is pretty interesting. I wonder if this is 1929/'everything is great' mentality.
Retirement risk: Who's falling short
Housing Death Knell for the Economy
Let's see what they are saying overseas:
Sub-prime crisis may trigger global meltdown
Monday, July 30, 2007
News of Interest for July 30th...
Possible Attack on the U.S. Within Ninety Days
Using Terrorists to Establish World Government, Pt 1
FBI Wants Funds for Phone Records
Bay Area foreclosures skyrocket
Silicon Valley mortgage defaults spike
Debt Crunch Is Taking On A Global Scale
A Great Depression for Housing?
Using Terrorists to Establish World Government, Pt 1
FBI Wants Funds for Phone Records
Bay Area foreclosures skyrocket
Silicon Valley mortgage defaults spike
Debt Crunch Is Taking On A Global Scale
A Great Depression for Housing?
Friday, July 27, 2007
Big Finale Guest Tonight: Craig Pepin-Donat...
Craig Pepin-Donat is going to talk about fitness and health- what works, what doesn't work and what is an outright scam.Craig's website is http://www.fitadvocate.com/
He'll be with us tonight for the full hour on The Big Finale at 7pm PST/ 10pm EST.
News of Interest for July 27th...
Happy Friday!
Jitters...Feds: Economy Growth Best in a Year...
Boy's Lemonade Stand Robbed... Obviously, a crime perpetrated to feed the subprime credit addiction
Heavy Metal: Prices will stay sky-high for years
Thursday, July 26, 2007
Wednesday, July 25, 2007
Tuesday, July 24, 2007
Bruce Collins with Ron Paul
I gladly accept running alongside as V.P. (ok, I can dream).
The Freedom Revolution is coming to your town!
Monday, July 23, 2007
Saturday, July 21, 2007
Death Spiral
Great article from my friend (and a guest twice on The Big Finale), John Rubino:
DEATH SPIRAL
by John Rubino
DollarCollapse.com
July 20, 2007
In “The Coming Collapse of the Dollar,” James Turk and I said this about the effect of a falling dollar on other countries:
Recall that the only reason Japan or Europe can generate even their current meager rates of growth is the willingness of U.S. consumers to buy their Hondas and BMWs. As the dollar plunges, Japanese and European goods, priced in suddenly-appreciating currencies, will become prohibitively expensive for U.S. consumers, who will respond by buying U.S.-made alternatives or nothing at all. Correctly interpreting this change in buying patterns as a threat to their vital export sectors, European and Japanese leaders will respond with the only weapon they have left: monetary inflation. They’ll cut interest rates and buy dollars with their currencies, flooding the world with euros and yen the way the U.S. now floods the world with dollars. The result of these “competitive devaluations” will be a death spiral for all major fiat currencies, in which European or Japanese bonds will fare as badly as their U.S. cousins.
This week the markets got a glimpse of how the competitive devaluation story might play out, as Europe confronted the impact of a “strong” currency. For the past few years, the European Central Bank has shown admirable restraint, raising rates in response to a surging money supply and allowing the market to set the value of the euro. This in turn has caused the euro to soar against the dollar, testing the premise that a system as fragile as Old Europe can’t tolerate an appreciating currency for long. And sure enough, France has begun lobbying for—get this—the right to vote on European Central Bank interest rate policies.
From Bloomberg:
Trichet's Rebuke of French Government Widens Rift With Sarkozy
July 19 -- Jean-Claude Trichet's rebuke of a French demand for a greater voice for governments in setting interest rates deepened a rift with President Nicolas Sarkozy.
``Such declarations are not acceptable,'' European Central Bank spokeswoman Regina Schueller said yesterday on behalf of Trichet. ``The president of the ECB repeats with gravity that any attempt'' to influence the ECB violates the European Union's founding treaty.Sarkozy has complained that the Frankfurt-based central bank's eight interest-rate increases since late 2005 have driven the euro to a record, threatening European exports. While Sarkozy has retreated from a challenge to ECB independence, he said last week he and Trichet are not ``on the same wavelength.''
``For Trichet, more lobbying from the French government undermines the credibility of the ECB and that's what worries him, which is why he's hitting back,'' said Julian Callow, chief European economist at Barclays Capital in London. ``The battle will get more intense as the euro continues to rise.''
The euro rose 0.2 percent yesterday to $1.3810 at 6:11 p.m. in Paris, retreating from a record of $1.3833 set earlier. It's up almost 5 percent this year and 55 percent since the end of 2001.
Sarkozy has criticized the bank's exclusive focus on inflation, and Trichet has questioned Sarkozy's tax cuts that would violate a French pledge earlier this year to reduce the nation's budget deficit.
Trichet’s European Central Bank won this early skirmish, of course. By law the ECB is independent, so a frontal assault by France or any other European country isn’t going to succeed—at first. But anyone who thinks the Eurozone welfare states will maintain their composure with the euro at, say, $1.50, simply doesn’t understand how democracy works in this late, decadent stage of its evolution. If the dollar keeps falling against the euro—as market forces pretty much guarantee that it will in the absence of major intervention—the euro system will have a nervous breakdown. Under pressure from exporters no longer able to sell to U.S. consumers, member governments will change the ECB charter and force it to cut rates, or they’ll start opting out of the common currency, or they’ll adopt wildly inflationary tax-and-spend policies designed to offset the rising euro.
However it plays out, the result will be a world in which competitive devaluations drive the price of all the major currencies inexorably towards their intrinsic value, which is the paper on which they’re printed. But it might be a while before most people notice. As surreal as this sounds, if the major fiat currencies are falling more or less in tandem, to unsophisticated eyes they’ll continue to appear to be stable. That’s been the case for the past few years, with the prices of oil, gold, healthcare and food soaring (which is another way of saying that paper currencies are plunging) while mainstream analysts proclaim inflation low and many of the world’s currencies “strong.”
But as this process accelerates, the fiction of strong and weak currencies will be harder and harder to sell. Inflation will migrate from “good” things like houses and stocks to life’s necessities, and the link between prices and the unit in which prices are expressed will become clear to everyone. Then the death spiral begins.
© 2007 John Rubino
DollarCollapse.com
John Rubino is the author of The Coming Collapse of the Dollar (co-written with James Turk), How to Profit From the Coming Real Estate Bust (Rodale, 2003), and Main Street, Not Wall Street (William Morrow, 1998). A former Wall Street financial analyst and columnist with theStreet.com, he currently writes for Fidelity Magazine and CFA Magazine He lives in Moscow, Idaho. Contact by Email.
DEATH SPIRAL
by John Rubino
DollarCollapse.com
July 20, 2007
In “The Coming Collapse of the Dollar,” James Turk and I said this about the effect of a falling dollar on other countries:
Recall that the only reason Japan or Europe can generate even their current meager rates of growth is the willingness of U.S. consumers to buy their Hondas and BMWs. As the dollar plunges, Japanese and European goods, priced in suddenly-appreciating currencies, will become prohibitively expensive for U.S. consumers, who will respond by buying U.S.-made alternatives or nothing at all. Correctly interpreting this change in buying patterns as a threat to their vital export sectors, European and Japanese leaders will respond with the only weapon they have left: monetary inflation. They’ll cut interest rates and buy dollars with their currencies, flooding the world with euros and yen the way the U.S. now floods the world with dollars. The result of these “competitive devaluations” will be a death spiral for all major fiat currencies, in which European or Japanese bonds will fare as badly as their U.S. cousins.
This week the markets got a glimpse of how the competitive devaluation story might play out, as Europe confronted the impact of a “strong” currency. For the past few years, the European Central Bank has shown admirable restraint, raising rates in response to a surging money supply and allowing the market to set the value of the euro. This in turn has caused the euro to soar against the dollar, testing the premise that a system as fragile as Old Europe can’t tolerate an appreciating currency for long. And sure enough, France has begun lobbying for—get this—the right to vote on European Central Bank interest rate policies.
From Bloomberg:
Trichet's Rebuke of French Government Widens Rift With Sarkozy
July 19 -- Jean-Claude Trichet's rebuke of a French demand for a greater voice for governments in setting interest rates deepened a rift with President Nicolas Sarkozy.
``Such declarations are not acceptable,'' European Central Bank spokeswoman Regina Schueller said yesterday on behalf of Trichet. ``The president of the ECB repeats with gravity that any attempt'' to influence the ECB violates the European Union's founding treaty.Sarkozy has complained that the Frankfurt-based central bank's eight interest-rate increases since late 2005 have driven the euro to a record, threatening European exports. While Sarkozy has retreated from a challenge to ECB independence, he said last week he and Trichet are not ``on the same wavelength.''
``For Trichet, more lobbying from the French government undermines the credibility of the ECB and that's what worries him, which is why he's hitting back,'' said Julian Callow, chief European economist at Barclays Capital in London. ``The battle will get more intense as the euro continues to rise.''
The euro rose 0.2 percent yesterday to $1.3810 at 6:11 p.m. in Paris, retreating from a record of $1.3833 set earlier. It's up almost 5 percent this year and 55 percent since the end of 2001.
Sarkozy has criticized the bank's exclusive focus on inflation, and Trichet has questioned Sarkozy's tax cuts that would violate a French pledge earlier this year to reduce the nation's budget deficit.
Trichet’s European Central Bank won this early skirmish, of course. By law the ECB is independent, so a frontal assault by France or any other European country isn’t going to succeed—at first. But anyone who thinks the Eurozone welfare states will maintain their composure with the euro at, say, $1.50, simply doesn’t understand how democracy works in this late, decadent stage of its evolution. If the dollar keeps falling against the euro—as market forces pretty much guarantee that it will in the absence of major intervention—the euro system will have a nervous breakdown. Under pressure from exporters no longer able to sell to U.S. consumers, member governments will change the ECB charter and force it to cut rates, or they’ll start opting out of the common currency, or they’ll adopt wildly inflationary tax-and-spend policies designed to offset the rising euro.
However it plays out, the result will be a world in which competitive devaluations drive the price of all the major currencies inexorably towards their intrinsic value, which is the paper on which they’re printed. But it might be a while before most people notice. As surreal as this sounds, if the major fiat currencies are falling more or less in tandem, to unsophisticated eyes they’ll continue to appear to be stable. That’s been the case for the past few years, with the prices of oil, gold, healthcare and food soaring (which is another way of saying that paper currencies are plunging) while mainstream analysts proclaim inflation low and many of the world’s currencies “strong.”
But as this process accelerates, the fiction of strong and weak currencies will be harder and harder to sell. Inflation will migrate from “good” things like houses and stocks to life’s necessities, and the link between prices and the unit in which prices are expressed will become clear to everyone. Then the death spiral begins.
© 2007 John Rubino
DollarCollapse.com
John Rubino is the author of The Coming Collapse of the Dollar (co-written with James Turk), How to Profit From the Coming Real Estate Bust (Rodale, 2003), and Main Street, Not Wall Street (William Morrow, 1998). A former Wall Street financial analyst and columnist with theStreet.com, he currently writes for Fidelity Magazine and CFA Magazine He lives in Moscow, Idaho. Contact by Email.
Thanks to Jerry E. Smith for being a wonderful guest last night on The Big Finale..
Jerry E. Smith, as usual, was an outstanding guest last night. I really enjoyed learning about the 'Spear of Destiny'. I don't know what to make of it but if the spear truly carried 'power' to cause things to happen amongst powerful leaders, I suppose there could be something sinister controlling it. It's a fascinating topic and we got down to a lot of great information and lore surrounding this most mysterious relic.
In case you missed it, I'll have the archive up sometime this week. JUST A REMINDER: Soon, 99.9% of information on The Big Finale will be found at www.411ing.com/TheBigFinale.html.
I'm converting BruceDCollins.com into a site devoted mostly to my books (as I plan to devote some time to publishing one or two books in the near future).
Have a great weekend all!
Thursday, July 19, 2007
News of Interest for July 19th...
As dollar crumples, tourists overseas reel
Housing market to slump till year end (and well beyond...)
Bernanke Warns Housing Slump Will Slow Economic Growth
Hate Bill Holds America Hostage
Pentagon Starts Spin Unit to Target Talk Radio, Bloggers Once they kill free speech, the American dream is over. Fight this tooth and nail.
'Late, Great USA' a New York Times Best-Seller
Housing market to slump till year end (and well beyond...)
Bernanke Warns Housing Slump Will Slow Economic Growth
Hate Bill Holds America Hostage
Pentagon Starts Spin Unit to Target Talk Radio, Bloggers Once they kill free speech, the American dream is over. Fight this tooth and nail.
'Late, Great USA' a New York Times Best-Seller
Wednesday, July 18, 2007
News of Interest for July 18th...
US Preparing Domestic Clampdown? Thanks to Stevequayle.com
Gold rallies on Bernanke's subprime concern Wrong. Gold rallied on Bernanke's inflation concern. As I stated twenty four hours ago, the Fed telegraphed what I just predicted yesterday- they will convey their inflation concerns which will justify future rate increases- but they will not be able to raise rates fast or severely enough to combat runaway inflation.
Difficult conditions worsened in the second quarter
Ron Paul emerges as GOP's unlikely rock star candidate ROCK on!
Gold rallies on Bernanke's subprime concern Wrong. Gold rallied on Bernanke's inflation concern. As I stated twenty four hours ago, the Fed telegraphed what I just predicted yesterday- they will convey their inflation concerns which will justify future rate increases- but they will not be able to raise rates fast or severely enough to combat runaway inflation.
Difficult conditions worsened in the second quarter
Ron Paul emerges as GOP's unlikely rock star candidate ROCK on!
Tuesday, July 17, 2007
News of Interest for July 17th...
It's really the big question: will we face Depression era deflation or 1970's style inflation. The answer is probably both. It looks like inflation is the current issue and don't be surprised (even though a lot of contrarians are predicting rate cuts) if the Fed does not cut rates and, in fact, has to raise rates. They won't be able to raise rates fast enough to stem the inflationary problems but they will sharply destroy the home mortgage industry- in other words, the worst is yet to come in that sector.
Monday, July 16, 2007
News of Interest for July 16th...
Iran Locked on to 600 Targets in Israel
Goodbye America, Hello North American Union
Public Forums Denied on Upcoming SPP Summit
Mortgage Equity Withdrawal Syndrome: The 3rd Rail of the Housing Led Boom
Oil Eases After Hitting Fresh 11-Month High
This Generation Shall Not Pass Me The Remote
A justification for $5,000 gold
U.S. subprime woes deal major blow to dollar
Toll Brothers' debt outlook now negative - Moody's
Ron Paul faces the Google masses
Goodbye America, Hello North American Union
Public Forums Denied on Upcoming SPP Summit
Mortgage Equity Withdrawal Syndrome: The 3rd Rail of the Housing Led Boom
Oil Eases After Hitting Fresh 11-Month High
This Generation Shall Not Pass Me The Remote
A justification for $5,000 gold
U.S. subprime woes deal major blow to dollar
Toll Brothers' debt outlook now negative - Moody's
Ron Paul faces the Google masses
Sunday, July 15, 2007
Ron Paul's speech from the rally on Saturday
By the way, excellent show with David Lowe and Peter Goodgame. We'll have the archive up soon....
This is the video from Ron Paul's speech on Saturday. I'll have pictures later in the week!
Part 1: http://www.youtube.com/watch?v=l-l-os1LYjo
Part 2: http://www.youtube.com/watch?v=EmbN1PdfN44
Part 3: http://www.youtube.com/watch?v=pMESWU9dAT0
Part 4: http://www.youtube.com/watch?v=oL534Mj01kQ
This is the video from Ron Paul's speech on Saturday. I'll have pictures later in the week!
Part 1: http://www.youtube.com/watch?v=l-l-os1LYjo
Part 2: http://www.youtube.com/watch?v=EmbN1PdfN44
Part 3: http://www.youtube.com/watch?v=pMESWU9dAT0
Part 4: http://www.youtube.com/watch?v=oL534Mj01kQ
Saturday, July 14, 2007
I'll be at the Ron Paul rally today...
Big Ron Paul rally in Mountain View, CA today (www.ronpaulrally.com). Guest speakers include G. Edward Griffin, Joe Bannister and Justin Raimondo. The main speaker, of course, is Ron Paul.
Should be a great deal of fun.
Should be a great deal of fun.
Thursday, July 12, 2007
Tomorrow night on The Big Finale...HOST: David Lowe, GUEST: Peter Goodgame
I'm really looking forward to this program... and hope you can join it!
It'll be fantastic.
It'll be fantastic.
Wednesday, July 11, 2007
Tuesday, July 10, 2007
Sir Lancelot Liquidity Lies...
From CNNMoney.com
>>Investors appeared to largely overlook a speech on inflation by Federal Reserve Chairman Ben Bernanke, who said energy price spikes have not led to persistent inflation or a recession in recent years.<<
UNbelievable!
>>Investors appeared to largely overlook a speech on inflation by Federal Reserve Chairman Ben Bernanke, who said energy price spikes have not led to persistent inflation or a recession in recent years.<<
UNbelievable!
Monday, July 09, 2007
News of Interest for July 9th...
Don't forget, live blog coverage (and video) of the Ron Paul Rally this Saturday. More info: www.RonPaulRally.blogspot.com
And, now the rest of the story (sorry, Paul Harvey):
American Debt Has Destroyed American Independence
Nuclear Alert by Ex-Head of MI5
Gold stock rally beginning
Increasing rate of foreclosures upsets Atlanta
And, now the rest of the story (sorry, Paul Harvey):
American Debt Has Destroyed American Independence
Nuclear Alert by Ex-Head of MI5
Gold stock rally beginning
Increasing rate of foreclosures upsets Atlanta
Sunday, July 08, 2007
A monstrous beast roaming in the Amazon?
http://news.aol.com/story/_a/amazon-monster-is-only-a-myth-or-is-it/20070708094909990001?ncid=NWS00010000000001
http://news.aol.com/story/_a/amazon-monster-is-only-a-myth-or-is-it/20070708094909990001?ncid=NWS00010000000001
www.RonPaulRally.blogspot.com has the news about Ron Paul's campaign donations --surpassing John McCain!!!
Saturday, July 07, 2007
I will be blogging live at the Ron Paul Rally.
Join me Saturday at 9am PST/ 12pm EST for full coverage of the Ron Paul rally from Mountain View California. I will be there and will be reporting the events live.
I will be bringing a laptop, a digital camera and possibly a webcam.
It will be live at http://www.ronpaulrally.blogspot.com/. Hope you can make it!
Join me Saturday at 9am PST/ 12pm EST for full coverage of the Ron Paul rally from Mountain View California. I will be there and will be reporting the events live.
I will be bringing a laptop, a digital camera and possibly a webcam.
It will be live at http://www.ronpaulrally.blogspot.com/. Hope you can make it!
Bloggers will be welcome at the Ron Paul Rally next Saturday.
I have conversed with one of the folks behind the scenes with the Ron Paul Rally in Mountain View, CA. Due to the Wi Fi that is available from Google (Google HQ is nearby), bloggers will be welcome to bring their laptops and blog during the rally.
I won't be blogging but I will report on the event later in the day. I will be having lunch in a group of about 200 people after the rally. Ron Paul will be present.
The speakers that will precede Ron Paul are also very dynamic speakers. G. Edward Griffin wrote The Creature From Jekyll Island, which was a very important indictment of the Federal Reserve.
Joe Bannister was an IRS agent who figured out that there was not a law requiring people to pay income taxes. He left the IRS, stopped paying taxes and then when the government took him to court for not paying taxes, he won!
Check out the full list of activities: www.RonPaulRally.com
I have conversed with one of the folks behind the scenes with the Ron Paul Rally in Mountain View, CA. Due to the Wi Fi that is available from Google (Google HQ is nearby), bloggers will be welcome to bring their laptops and blog during the rally.
I won't be blogging but I will report on the event later in the day. I will be having lunch in a group of about 200 people after the rally. Ron Paul will be present.
The speakers that will precede Ron Paul are also very dynamic speakers. G. Edward Griffin wrote The Creature From Jekyll Island, which was a very important indictment of the Federal Reserve.
Joe Bannister was an IRS agent who figured out that there was not a law requiring people to pay income taxes. He left the IRS, stopped paying taxes and then when the government took him to court for not paying taxes, he won!
Check out the full list of activities: www.RonPaulRally.com
Friday, July 06, 2007
News of Interest for July 6th...
Global Exodus From the Dollar
$5 trillion of housing wealth gone
Happy Friday, all! Enjoy your weekend...
Bruce
$5 trillion of housing wealth gone
Happy Friday, all! Enjoy your weekend...
Bruce
Tonight's guest on The Big Finale, Patrick Wood..
Patrick Wood has been tracking the globalist agenda for over 35 years now, having co-written Trilaterals Over Washington, Volumes One and Two in the 70's with the late Dr. Antony Sutton.
Patrick is the editor of the very popular website, http://www.augustreview.com/
The Big Finale, tonight, at 7pm PST/ 10pm EST.
Thursday, July 05, 2007
Name That Test & Tune on The Speed Channel Update---
Big Schwag has informed me that "Name That Test & Tune" will be using his real name, Brett Wagner, for the show.
"Name That Test & Tune" premieres on the Speed Channel on July 15th during the Launch Hour.
"Name That Test & Tune" premieres on the Speed Channel on July 15th during the Launch Hour.
Casey Serin, the man who traded everything for notoriety...
When I first heard of Casey Serin, he did not carry the label of "the world's most hated blogger."
I only knew him as the young man who made tremendous mistakes in a quest for instant riches. 'Get rich quick' never works but most of us, if we are honest, would probably admit to chasing instant wealth at least once in our lives - usually (and hopefully) when we were young enough to rebound from the ill fated experience.
However, what has transpired recently, is that Serin has apparently realized that money is beyond his reach and fame is the next best thing. I believe this to be the case. His debt must be piling up daily. CashCall isn't getting any wealthier from him.
About the book
In all seriousness, does Casey really believe that droves of people will buy his book? It is not going to be marketed, after all, by a major publisher and as near as I can tell, it's going to be sold as an 'e-book' from someone who resembles the same 'class' as the Rich Jerk (www.richjerk.com). Can you imagine a massive amount of people getting a book about someone's bad mistakes from a shyster looking website? I can't!
The cover is very cool, in my opinion. I like that. However, I can't understand the angle of the book and how people would find it interesting. It's all rehashed news.
My book hasn't been a 'bestseller' but it did have a niche audience- because some people do actually like wrestling and there was a uniqueness to it as there was never an 'insider' book on how to promote the sport. However, how do you categorize a book whose sub-title is "A Mistake." This isn't self help (?). This isn't a success story. Where is the niche audience? Everyone can read about the unfortunate events on Casey's blog (www.iamfacingforeclosure.com) for free.
I have to be honest and say that I am fascinated by all of this because I don't know what's going to happen next. I'm also hopeful, or maybe wishful is a better term, that Casey will turn his life around and seek spiritual, emotional and financial counseling. I do read the blog regularly but I can't see spending money on what is already free.
Unfortunately, Casey has also apparently abandoned his family. Sad. True enough, usually your family will forgive you in time (although his marriage may be over since he left his wife for Australia) but trust will be incredibly hard to build in the years to come.
It's a fascinating world that Casey Serin lives in...
I only knew him as the young man who made tremendous mistakes in a quest for instant riches. 'Get rich quick' never works but most of us, if we are honest, would probably admit to chasing instant wealth at least once in our lives - usually (and hopefully) when we were young enough to rebound from the ill fated experience.
However, what has transpired recently, is that Serin has apparently realized that money is beyond his reach and fame is the next best thing. I believe this to be the case. His debt must be piling up daily. CashCall isn't getting any wealthier from him.
About the book
In all seriousness, does Casey really believe that droves of people will buy his book? It is not going to be marketed, after all, by a major publisher and as near as I can tell, it's going to be sold as an 'e-book' from someone who resembles the same 'class' as the Rich Jerk (www.richjerk.com). Can you imagine a massive amount of people getting a book about someone's bad mistakes from a shyster looking website? I can't!
The cover is very cool, in my opinion. I like that. However, I can't understand the angle of the book and how people would find it interesting. It's all rehashed news.
My book hasn't been a 'bestseller' but it did have a niche audience- because some people do actually like wrestling and there was a uniqueness to it as there was never an 'insider' book on how to promote the sport. However, how do you categorize a book whose sub-title is "A Mistake." This isn't self help (?). This isn't a success story. Where is the niche audience? Everyone can read about the unfortunate events on Casey's blog (www.iamfacingforeclosure.com) for free.
I have to be honest and say that I am fascinated by all of this because I don't know what's going to happen next. I'm also hopeful, or maybe wishful is a better term, that Casey will turn his life around and seek spiritual, emotional and financial counseling. I do read the blog regularly but I can't see spending money on what is already free.
Unfortunately, Casey has also apparently abandoned his family. Sad. True enough, usually your family will forgive you in time (although his marriage may be over since he left his wife for Australia) but trust will be incredibly hard to build in the years to come.
It's a fascinating world that Casey Serin lives in...
Ron Paul coming to the Bay Area
Ron Paul having a rally near Google HQ in Mountain View, California- very close to where I live and work. Needless to say, I'll be there and I hope you will, too!
Saturday, July 14th at 10am-- with some outstanding guest speakers (who were in the documentary, America:Freedom to Fascism). Should be a wonderful event.
For more info: www.ronpaulrally.com
See you there!
Bruce
I never knew something like this could happen in a swimming pool...
Parents, be watchful over your kids in swimming pools. I know that you shouldn't be diving in headfirst even at the deep end because of the way the pools are built. Many people have broken their necks diving into swimming pools from those little diving boards because the incline under water rises quickly at about the area that someone's head is landing into the water. Pools can be very, very dangerous.
Warning: this story is pretty horrific.
http://wcco.com/topstories/local_story_185085504.html
Warning: this story is pretty horrific.
http://wcco.com/topstories/local_story_185085504.html
Book on the rise again on Amazon
The book is rising up again. Out of 20 million plus books, the book is now ranked 31,000. By comparison, Rev. Al Sharpton's book, Al on America, which was published in the same year , 2003, is ranked 827,000 +. I only use Rev. Al as an example as he has sufficient media exposure (wouldn't you say?).
Thanks to all who have purchased the book- AND sincere thanks to all who read this blog, listen to Monster Radio or The Big Finale!
Product Details
Paperback: 152 pages
Publisher: Imprint Books (October 3, 2003)
Language: English
ISBN-10: 1591099498
ISBN-13: 978-1591099499
Product Dimensions: 7.8 x 5.2 x 0.4 inches
Shipping Weight: 7.2 ounces (View shipping rates and policies)
Average Customer Review: based on 5 reviews. (Write a review.)
Amazon.com Sales Rank: #31,420 in Books (See Bestsellers in Books)
(Publishers and authors: Improve Your Sales)
Thanks to all who have purchased the book- AND sincere thanks to all who read this blog, listen to Monster Radio or The Big Finale!
Product Details
Paperback: 152 pages
Publisher: Imprint Books (October 3, 2003)
Language: English
ISBN-10: 1591099498
ISBN-13: 978-1591099499
Product Dimensions: 7.8 x 5.2 x 0.4 inches
Shipping Weight: 7.2 ounces (View shipping rates and policies)
Average Customer Review: based on 5 reviews. (Write a review.)
Amazon.com Sales Rank: #31,420 in Books (See Bestsellers in Books)
(Publishers and authors: Improve Your Sales)
Wednesday, July 04, 2007
Don't ya know? Talkin' 'bout Inflation...
At my 'day job', there has been a lot of banter over rising prices. Most recently, we've heard about an increase in the price of milk (said to be affected by corn/ethanol production).
Today, on the fourth no less when drunk drivers will sadly be using automobiles as dangerous bumper cars, we hear that ethanol is also affecting the price of beer.
http://money.aol.com/news/articles/_a/beer-prices-barrel-higher/20070703085609990001?ncid=NWS00010000000001
Aside from this being a heavy blow to the pocketbook of Al Gore's son (GORE'S SON JAILED AFTER 100MPH DUI, DRUG BUST... oops, sorry- got a little political there), this is truly another sign of the dreaded "I" word that is feared by government spinmeisters and CNBC bubbleheads.
Make no mistake, inflation is coming hard. While some deflationary effects taking place in the over-leveraged housing market/ fiasco.
Today, on the fourth no less when drunk drivers will sadly be using automobiles as dangerous bumper cars, we hear that ethanol is also affecting the price of beer.
http://money.aol.com/news/articles/_a/beer-prices-barrel-higher/20070703085609990001?ncid=NWS00010000000001
Aside from this being a heavy blow to the pocketbook of Al Gore's son (GORE'S SON JAILED AFTER 100MPH DUI, DRUG BUST... oops, sorry- got a little political there), this is truly another sign of the dreaded "I" word that is feared by government spinmeisters and CNBC bubbleheads.
Make no mistake, inflation is coming hard. While some deflationary effects taking place in the over-leveraged housing market/ fiasco.
Tuesday, July 03, 2007
Congratulations, buddy!
Congratulations to the Big Schwag, the host of Monster Radio and former voice of Discovery Channel's Monster Garage, for his new tv show:Name that Test & Tune on the Speed Channel. It premieres July 15th on the Speed Channel during the Launch Hour.
For more info: speedtv.com
For more info: speedtv.com
Saturday, June 30, 2007
I regret having advertised on Iamfacingforeclosure.com
A month and a half ago, I advertised on Iamfacingforeclosure.com. Although in terms of bringing new people to my site (which was good), I did not consider the full picture. I regret now having advertised on a site that has so much controversy and with someone that has had questionable actions in the past (and now present).
I have nothing against Casey Serin (nor anyone else) but I think, overall, it probably wasn't the best thing I've done.
I have only paid Casey for one month for my text ad. Since then, the ad has run for about a month and a half. Today, I submitted an email to Casey and asked him to please remove the link.
Lesson learned: it pays to have a full grasp on who you are advertising with, even though at first glance things seem reasonable.
http://www.iamfacingforeclosure.com
I have nothing against Casey Serin (nor anyone else) but I think, overall, it probably wasn't the best thing I've done.
I have only paid Casey for one month for my text ad. Since then, the ad has run for about a month and a half. Today, I submitted an email to Casey and asked him to please remove the link.
Lesson learned: it pays to have a full grasp on who you are advertising with, even though at first glance things seem reasonable.
http://www.iamfacingforeclosure.com
Thanks to Terry James...
A thank you for Terry James for allowing last night's interview. I plan to have him back when the sequel to his book is published.
A lot of terrorist activity in the UK right now---
Flaming Car Rams U.K. Airport; 2 Arrests...
LONDON ON THE EDGE
A lot of terrorist activity in the UK right now---
Flaming Car Rams U.K. Airport; 2 Arrests...
LONDON ON THE EDGE
Friday, June 29, 2007
Tonight-- The Big Finale, 7pm PST at radiohaven.net
Terry James of RaptureReady.com and author of The Rapture Dialogues....
He'll have a lot to say about UFOs and aliens, I assure you!
News of Interest for June 29th...
Greetings from the gray clouded city of Mountain View, CA....
Nationwide Warns Rates May Hit 6Pc
When Hedge Funds Implode
Oil back up above $70 a barrel
Consumer spending up as incomes rebound "We're" still spending more than we make!
Gold futures extend gains on inflation concerns
Bear Stearns Mortgage Funds Under Probe by SEC
Subprime mortgage shakeout claims another fund
Nationwide Warns Rates May Hit 6Pc
When Hedge Funds Implode
Oil back up above $70 a barrel
Consumer spending up as incomes rebound "We're" still spending more than we make!
Gold futures extend gains on inflation concerns
Bear Stearns Mortgage Funds Under Probe by SEC
Subprime mortgage shakeout claims another fund
Thursday, June 28, 2007
Did you hear the one about the flag?
I love the American flag. However, as we've seen in recent government entities, symbolism means everything. Do we fly the military flag exclusively for a reason?
It's a good question and one that I do not have the answer to, but after much digging, I wrote this column on raidersnewsnetwork.com.
By These Stripes, We Can Be Healed
It's a good question and one that I do not have the answer to, but after much digging, I wrote this column on raidersnewsnetwork.com.
By These Stripes, We Can Be Healed
News of Interest for June 28th...
Globalist Study Says Citizens Want a World Government Oh, really???
The Worldwide Crack Up Boom, According to Ludwig Von Mises
Pushing National IDs
Oil Rises Above $70 in N.Y. on Increased Demand From Refiners Only the beginning....
Yamana, Northern Orion would merge, take over Meridian
KB Home swings to loss
The Worldwide Crack Up Boom, According to Ludwig Von Mises
Pushing National IDs
Oil Rises Above $70 in N.Y. on Increased Demand From Refiners Only the beginning....
Yamana, Northern Orion would merge, take over Meridian
KB Home swings to loss
Wednesday, June 27, 2007
Get the feed...and opening up for discussion...
http://feeds.feedburner.com/TheBigFinale
For those of you who use feedburner, Big Finale is here!
Also, I'm going to open up the comments for unmoderated discussion...try to keep it on the 'up and up'!
For those of you who use feedburner, Big Finale is here!
Also, I'm going to open up the comments for unmoderated discussion...try to keep it on the 'up and up'!
My guest this Friday on the Big Finale...
Terry James, author of the Rapture Dialogues and his website is www.raptureready.com (which, I'm told, has 6 million unique visitors per month- the largest Bible Prophecy website on the internet)...
Friday, 7pm PST at radiohaven.net
We'd be honored if you joined us!
Bruce
Friday, 7pm PST at radiohaven.net
We'd be honored if you joined us!
Bruce
News of Interest for June 27th...
Booms Were Made to Go Bust
Washington Post: Special Operations Preparing Commandos for Domestic Terrorism, Martial Law Throughout US
Schools Educate Pupils On Their Biometric Cashless Future
The New World Order Tracking Device: RFID
West Texas National Bank Adopts Pay By Touch Biometric Check Cashing Service
The housing mirage
Washington Post: Special Operations Preparing Commandos for Domestic Terrorism, Martial Law Throughout US
Schools Educate Pupils On Their Biometric Cashless Future
The New World Order Tracking Device: RFID
West Texas National Bank Adopts Pay By Touch Biometric Check Cashing Service
The housing mirage
Tuesday, June 26, 2007
Great article...
Great article and touches on an etf, SRS. SRS shorts real estate...one that the article does not mention is QID, this etf shorts the NASDAQ. Both of these should be good investments short term. A deflationary collapse/unwinding is a strong possibility.
Long term, think Fed bailout and how to protect oneself against inflation...
Mortgage Meltdown!
Long term, think Fed bailout and how to protect oneself against inflation...
Mortgage Meltdown!
News of Interest for June 26th...
What a tragedy! Pro wrestler Chris Benoit killed his wife, son and himself over the weekend. Having first hand knowledge that many wrestlers take a lot of drugs to keep performing constantly (some pharmaceutical, some illegal), we have to question this 'sport.' Is it too demanding on the wrestlers? I'm not excusing the wrestler's behavior because if you have a job that is changing you internally/ morally and spiritually, you have to seek help or get out. If you don't, you become a casualty. Too many casualties in wrestling...
Banks 'Set to Call in a Swathe of Loans'
Why the Housing Market Has Failed You. 5 Major Failures of the Housing Market
Shanghai Exchange Starts Gold Trading Via Local Banks
China Increases Arms Shipments to Iraq Insurgents Ironic, are those weapons being created by excess US Dollars?
Lennar posts loss as home prices fall
Bear Stearns mortgage trouble should be a warning to investors!
Profiting from the Housing Bubble Popping
Banks 'Set to Call in a Swathe of Loans'
Why the Housing Market Has Failed You. 5 Major Failures of the Housing Market
Shanghai Exchange Starts Gold Trading Via Local Banks
China Increases Arms Shipments to Iraq Insurgents Ironic, are those weapons being created by excess US Dollars?
Lennar posts loss as home prices fall
Bear Stearns mortgage trouble should be a warning to investors!
Profiting from the Housing Bubble Popping
Monday, June 25, 2007
News of Interest for June 25th...
"Real ID" - Real Rebellion Boiling Over- I would hope so!
Freak Storm Lashes Penang
Untreatable TB Threat 'Apocalyptic Scenario'
Supermarket Meat 'Could be MRSA Infected'
Flu Could Hitch a Ride on Banknotes
Home inventory glut still weighing on homebuilder stocks
Bank Report Sees Much Worse Mortgage Defaults Coming
Freak Storm Lashes Penang
Untreatable TB Threat 'Apocalyptic Scenario'
Supermarket Meat 'Could be MRSA Infected'
Flu Could Hitch a Ride on Banknotes
Home inventory glut still weighing on homebuilder stocks
Bank Report Sees Much Worse Mortgage Defaults Coming
British Pilot who witnessed UFO on Glenn Beck/ CNN...
Apparently, many people on the flight witnessed the UFO(s) - there were actually two....
Sunday, June 24, 2007
Forum of interest
It looks like a great forum, submitted by Mr. Hawks (thank you for the heads up):
http://realcent.forumco.com/
http://realcent.forumco.com/
Saturday, June 23, 2007
Great Show!!
Great show with David Lowe last night!
Thanks for listening and have a great weekend!
Bruce
Thanks for listening and have a great weekend!
Bruce
Friday, June 22, 2007
Tonight, on The Big Finale...
My guest is David Lowe, author of "Earthquake Resurrection" and "Then His Voice Shook The Earth"
News of Interest for June 22nd...
Peak Oil Crisis: Approaching the Cliff
Senator Claims: Boxer/Clinton Want 'Legislative Fix' for Talk Radio
The Cashless Society Has Arrived
Ignacio Ramos Reported in 'Emaciated' Condition
Housing Cross Contamination: Subprime Infecting Prime Lenders
Petition to invite Ron Paul to Iowa debate
Senator Claims: Boxer/Clinton Want 'Legislative Fix' for Talk Radio
The Cashless Society Has Arrived
Ignacio Ramos Reported in 'Emaciated' Condition
Housing Cross Contamination: Subprime Infecting Prime Lenders
Petition to invite Ron Paul to Iowa debate
Thursday, June 21, 2007
Tuesday, June 19, 2007
News of Interest for June 19th...
Suicide Bomb Teams Sent to U.S., Europe
Iran Says Won't Rule Out Using Oil as a Weapon
Seeds of credit crunch grow in LBO market
Report from UCLA team skirts the 'R' word
Mortgages give Wall Street New Worries
Subprime storm winds will keep blowing
San Francisco Bay Area House Sales Still Slow
Thinking Inflation
Iran Says Won't Rule Out Using Oil as a Weapon
Seeds of credit crunch grow in LBO market
Report from UCLA team skirts the 'R' word
Mortgages give Wall Street New Worries
Subprime storm winds will keep blowing
San Francisco Bay Area House Sales Still Slow
Thinking Inflation
Monday, June 18, 2007
News of Interest for June 18th...
Bees Dying of Mysterious Infection
Getting the Truth About America's Gold Reserve
The Case of the Disappearing Great Lake
Carolinas Battle in Court Over River Water
Hundreds delinquent on taxes near Modesto, CA
Subprime Housing Market Really Tanking
Foreclosures rise in California, nation; house supply is up
Getting the Truth About America's Gold Reserve
The Case of the Disappearing Great Lake
Carolinas Battle in Court Over River Water
Hundreds delinquent on taxes near Modesto, CA
Subprime Housing Market Really Tanking
Foreclosures rise in California, nation; house supply is up
It's Official: The Crash Of The US Economy Has Begun!
by Richard C. Cook
It’s official.
Mark your calendars.
The crash of the U.S. economy has begun.
It was announced the morning of Wednesday, June 13, 2007, by economic writers Steven Pearlstein and Robert Samuelson in the pages of the Washington Post, one of the foremost house organs of the U.S. monetary elite. Pearlstein’s column was titled, “The Takeover Boom, About to Go Bust” and concerned the extraordinary amount of debt vs. operating profits of companies currently subject to leveraged buyouts.
In language remarkably alarmist for the usually ultra-bland pages of the Post, Pearlstein wrote, “It is impossible to predict when the magic moment will be reached and everyone finally realizes that the prices being paid for these companies, and the debt taken on to support the acquisitions, are unsustainable. When that happens, it won't be pretty. Across the board, stock prices and company valuations will fall. Banks will announce painful write-offs, some hedge funds will close their doors, and private-equity funds will report disappointing returns. Some companies will be forced into bankruptcy or restructuring.”
Further, “Falling stock prices will cause companies to reduce their hiring and capital spending while governments will be forced to raise taxes or reduce services, as revenue from capital gains taxes declines. And the combination of reduced wealth and higher interest rates will finally cause consumers to pull back on their debt-financed consumption. It happened after the junk-bond and savings-and-loan collapses of the late 1980s. It happened after the tech and telecom bust of the late '90s. And it will happen this time.”
Samuelson’s column, “The End of Cheap Credit,” left the door slightly ajar in case the collapse is not quite so severe. He wrote of rising interest rates, “As the price of money increases, borrowing and the economy might weaken. The deep slump in housing could worsen. We could also discover that the long period of cheap credit has left a nasty residue.”
Other writers with less prestigious platforms than the Post have been talking about an approaching financial bust for a couple of years. Among them has been economist Michael Hudson, author of an article on the housing bubble titled, “The New Road to Serdom” in the May 2006 issue of Harper’s. Hudson has been speaking in interviews of a “break in the chain” of debt payments leading to a “long, slow economic crash,” with “asset deflation,” “mass defaults on mortgages,” and a “huge asset grab” by the rich who are able to protect their cash through money laundering and hedging with foreign currency bonds.
Among those poised to profit from the crash is the Carlyle Group, the equity fund that includes the Bush family and other high-profile investors with insider government connections. A January 2007 memorandum to company managers from founding partner William E. Conway, Jr., recently appeared which stated that, when the current “liquidity environment”—i.e., cheap credit—ends, “the buying opportunity will be a once in a lifetime chance.”
The fact that the crash is now being announced by the Post shows that it is a done deal. The Bilderbergers, or whomever it is that the Post reports to, have decided. It lets everyone know loud and clear that it’s time to batten down the hatches, run for cover, lay in two years of canned food, shield your assets, whatever.
Those left holding the bag will be the ordinary people whose assets are loaded with debt, such as tens of millions of mortgagees, millions of young people with student loans that can never be written off due to the “reformed” 2005 bankruptcy law, or vast numbers of workers with 401(k)s or other pension plans that are locked into the stock market.
In other words, it sounds eerily like 2000-2002 except maybe on a much larger scale. Then it was “only” the tenth worse bear market in history, but over a trillion dollars in wealth simply vanished. What makes today’s instance seem particularly unfair is that the preceding recovery that is now ending—the “jobless” one—was so anemic.
Neither Perlstein nor Samuelson gets to the bottom of the crisis, though they, like Conway of the Carlyle Group, point to the end of cheap credit. But interest rates are set by people who run central banks and financial institutions. They may be influenced by “the market,” but the market is controlled by people with money who want to maximize their profits.
Key to what is going on is that the Federal Reserve is refusing to follow the pattern set during the long reign of Fed Chairman Alan Greenspan in responding to shaky economic trends with lengthy infusions of credit as he did during the dot.com bubble of the 1990s and the housing bubble of 2001-2005.
This time around, Greenspan’s successor, Ben Bernanke, is sitting tight. With the economy teetering on the brink, the Fed is allowing rates to remain steady. The Fed claims their policy is due to the danger of rising “core inflation.” But this cannot be true. The biggest consumer item, houses and real estate, is tanking. Officially, unemployment is low, but mainly due to low-paying service jobs. Commodities have edged up, including food and gasoline, but that’s no reason to allow the entire national economy to be submerged.
So what is really happening? Actually, it’s simple. The difference today is that China and other large investors from abroad, including Middle Eastern oil magnates, are telling the U.S. that if interest rates come down, thereby devaluing their already-sliding dollar portfolios further, they will no longer support with their investments the bloated U.S. trade and fiscal deficits.
Of course we got ourselves into this quandary by shipping our manufacturing to China and other cheap-labor markets over the last generation. “Dollar hegemony” is backfiring. In fact China is using its American dollars to replace the International Monetary Fund as a lender to developing nations in Africa and elsewhere. As an additional insult, China now may be dictating a new generation of economic decline for the American people who are forced to buy their products at Wal-Mart by maxing out what is left of our available credit card debt.
About a year ago, a former Reagan Treasury official, now a well-known cable TV commentator, said that China had become “America’s bank” and commented approvingly that “it’s cheaper to print money than make cars anymore.” Ha ha.
It is truly staggering that none of the “mainstream” political candidates from either party has attacked this subject on the campaign trail. All are heavily funded by the financier elite who will profit no matter how bad the U.S. economy suffers. Every candidate except Ron Paul and Dennis Kucinich treats the Federal Reserve like the fifth graven image on Mount Rushmore. And even the so-called progressives are silent. The weekend before the Perlstein/ Samuelson articles came out, there was a huge progressive conference in Washington, D.C., called “Taming the Corporate Giant.” Not a single session was devoted to financial issues.
What is likely to happen? I’d suggest four possible scenarios:
Acceptance by the U.S. population of diminished prosperity and a declining role in the world. Grin and bear it. Live with your parents into your 40s instead of your 30s. Work two or three part-time jobs on the side, if you can find them. Die young if you lose your health care. Declare bankruptcy if you can, or just walk away from your debts until they bring back debtor’s prison like they’ve done in Dubai. Meanwhile, China buys more and more U.S. properties, homes, and businesses, as economists close to the Federal Reserve have suggested. If you’re an enterprising illegal immigrant, have fun continuing to jack up the underground economy, avoid business licenses and taxes, and rent out group houses to your friends.
Times of economic crisis produce international tension and politicians tend to go to war rather than face the economic music. The classic example is the worldwide depression of the 1930s leading to World War II. Conditions in the coming years could be as bad as they were then. We could have a really big war if the U.S. decides once and for all to haul off and let China, or whomever, have it in the chops. If they don’t want our dollars or our debt any more, how about a few nukes?
Maybe we’ll finally have a revolution either from the right or the center involving martial law, suspension of the Bill of Rights, etc., combined with some kind of military or forced-labor dictatorship. We’re halfway there anyway. Forget about a revolution from the left. They wouldn’t want to make anyone mad at them for being too radical.
Could there ever be a real try at reform, maybe even an attempt just to get back to the New Deal? Since the causes of the crisis are monetary, so would be the solutions. The first step would be for the Federal Reserve System to be abolished as a bank of issue and a transformation of the nation’s credit system into a genuine public utility by the federal government. This way we could rebuild our manufacturing and public infrastructure and develop an income assurance policy that would benefit everyone. The latter is the only sensible solution. There are monetary reformers who know how to do it if anyone gave them half a chance.
It’s official.
Mark your calendars.
The crash of the U.S. economy has begun.
It was announced the morning of Wednesday, June 13, 2007, by economic writers Steven Pearlstein and Robert Samuelson in the pages of the Washington Post, one of the foremost house organs of the U.S. monetary elite. Pearlstein’s column was titled, “The Takeover Boom, About to Go Bust” and concerned the extraordinary amount of debt vs. operating profits of companies currently subject to leveraged buyouts.
In language remarkably alarmist for the usually ultra-bland pages of the Post, Pearlstein wrote, “It is impossible to predict when the magic moment will be reached and everyone finally realizes that the prices being paid for these companies, and the debt taken on to support the acquisitions, are unsustainable. When that happens, it won't be pretty. Across the board, stock prices and company valuations will fall. Banks will announce painful write-offs, some hedge funds will close their doors, and private-equity funds will report disappointing returns. Some companies will be forced into bankruptcy or restructuring.”
Further, “Falling stock prices will cause companies to reduce their hiring and capital spending while governments will be forced to raise taxes or reduce services, as revenue from capital gains taxes declines. And the combination of reduced wealth and higher interest rates will finally cause consumers to pull back on their debt-financed consumption. It happened after the junk-bond and savings-and-loan collapses of the late 1980s. It happened after the tech and telecom bust of the late '90s. And it will happen this time.”
Samuelson’s column, “The End of Cheap Credit,” left the door slightly ajar in case the collapse is not quite so severe. He wrote of rising interest rates, “As the price of money increases, borrowing and the economy might weaken. The deep slump in housing could worsen. We could also discover that the long period of cheap credit has left a nasty residue.”
Other writers with less prestigious platforms than the Post have been talking about an approaching financial bust for a couple of years. Among them has been economist Michael Hudson, author of an article on the housing bubble titled, “The New Road to Serdom” in the May 2006 issue of Harper’s. Hudson has been speaking in interviews of a “break in the chain” of debt payments leading to a “long, slow economic crash,” with “asset deflation,” “mass defaults on mortgages,” and a “huge asset grab” by the rich who are able to protect their cash through money laundering and hedging with foreign currency bonds.
Among those poised to profit from the crash is the Carlyle Group, the equity fund that includes the Bush family and other high-profile investors with insider government connections. A January 2007 memorandum to company managers from founding partner William E. Conway, Jr., recently appeared which stated that, when the current “liquidity environment”—i.e., cheap credit—ends, “the buying opportunity will be a once in a lifetime chance.”
The fact that the crash is now being announced by the Post shows that it is a done deal. The Bilderbergers, or whomever it is that the Post reports to, have decided. It lets everyone know loud and clear that it’s time to batten down the hatches, run for cover, lay in two years of canned food, shield your assets, whatever.
Those left holding the bag will be the ordinary people whose assets are loaded with debt, such as tens of millions of mortgagees, millions of young people with student loans that can never be written off due to the “reformed” 2005 bankruptcy law, or vast numbers of workers with 401(k)s or other pension plans that are locked into the stock market.
In other words, it sounds eerily like 2000-2002 except maybe on a much larger scale. Then it was “only” the tenth worse bear market in history, but over a trillion dollars in wealth simply vanished. What makes today’s instance seem particularly unfair is that the preceding recovery that is now ending—the “jobless” one—was so anemic.
Neither Perlstein nor Samuelson gets to the bottom of the crisis, though they, like Conway of the Carlyle Group, point to the end of cheap credit. But interest rates are set by people who run central banks and financial institutions. They may be influenced by “the market,” but the market is controlled by people with money who want to maximize their profits.
Key to what is going on is that the Federal Reserve is refusing to follow the pattern set during the long reign of Fed Chairman Alan Greenspan in responding to shaky economic trends with lengthy infusions of credit as he did during the dot.com bubble of the 1990s and the housing bubble of 2001-2005.
This time around, Greenspan’s successor, Ben Bernanke, is sitting tight. With the economy teetering on the brink, the Fed is allowing rates to remain steady. The Fed claims their policy is due to the danger of rising “core inflation.” But this cannot be true. The biggest consumer item, houses and real estate, is tanking. Officially, unemployment is low, but mainly due to low-paying service jobs. Commodities have edged up, including food and gasoline, but that’s no reason to allow the entire national economy to be submerged.
So what is really happening? Actually, it’s simple. The difference today is that China and other large investors from abroad, including Middle Eastern oil magnates, are telling the U.S. that if interest rates come down, thereby devaluing their already-sliding dollar portfolios further, they will no longer support with their investments the bloated U.S. trade and fiscal deficits.
Of course we got ourselves into this quandary by shipping our manufacturing to China and other cheap-labor markets over the last generation. “Dollar hegemony” is backfiring. In fact China is using its American dollars to replace the International Monetary Fund as a lender to developing nations in Africa and elsewhere. As an additional insult, China now may be dictating a new generation of economic decline for the American people who are forced to buy their products at Wal-Mart by maxing out what is left of our available credit card debt.
About a year ago, a former Reagan Treasury official, now a well-known cable TV commentator, said that China had become “America’s bank” and commented approvingly that “it’s cheaper to print money than make cars anymore.” Ha ha.
It is truly staggering that none of the “mainstream” political candidates from either party has attacked this subject on the campaign trail. All are heavily funded by the financier elite who will profit no matter how bad the U.S. economy suffers. Every candidate except Ron Paul and Dennis Kucinich treats the Federal Reserve like the fifth graven image on Mount Rushmore. And even the so-called progressives are silent. The weekend before the Perlstein/ Samuelson articles came out, there was a huge progressive conference in Washington, D.C., called “Taming the Corporate Giant.” Not a single session was devoted to financial issues.
What is likely to happen? I’d suggest four possible scenarios:
Acceptance by the U.S. population of diminished prosperity and a declining role in the world. Grin and bear it. Live with your parents into your 40s instead of your 30s. Work two or three part-time jobs on the side, if you can find them. Die young if you lose your health care. Declare bankruptcy if you can, or just walk away from your debts until they bring back debtor’s prison like they’ve done in Dubai. Meanwhile, China buys more and more U.S. properties, homes, and businesses, as economists close to the Federal Reserve have suggested. If you’re an enterprising illegal immigrant, have fun continuing to jack up the underground economy, avoid business licenses and taxes, and rent out group houses to your friends.
Times of economic crisis produce international tension and politicians tend to go to war rather than face the economic music. The classic example is the worldwide depression of the 1930s leading to World War II. Conditions in the coming years could be as bad as they were then. We could have a really big war if the U.S. decides once and for all to haul off and let China, or whomever, have it in the chops. If they don’t want our dollars or our debt any more, how about a few nukes?
Maybe we’ll finally have a revolution either from the right or the center involving martial law, suspension of the Bill of Rights, etc., combined with some kind of military or forced-labor dictatorship. We’re halfway there anyway. Forget about a revolution from the left. They wouldn’t want to make anyone mad at them for being too radical.
Could there ever be a real try at reform, maybe even an attempt just to get back to the New Deal? Since the causes of the crisis are monetary, so would be the solutions. The first step would be for the Federal Reserve System to be abolished as a bank of issue and a transformation of the nation’s credit system into a genuine public utility by the federal government. This way we could rebuild our manufacturing and public infrastructure and develop an income assurance policy that would benefit everyone. The latter is the only sensible solution. There are monetary reformers who know how to do it if anyone gave them half a chance.
Saturday, June 16, 2007
I'm back...and ready for Monster Radio tonight!
I'm back from the East Coast. I'll be on Monster Radio tonight with another book review.
Have a great weekend!
Bruce
Have a great weekend!
Bruce
Friday, June 08, 2007
The Big Finale...LIVE TONIGHT AT 7PM PST/ 10PM EST
My guest, Robert Hammond, great author, his latest book is Grace Period. Check it out!
Thursday, June 07, 2007
CBS' "Jericho" will return- thanks in large part to the internet...
To the Fans of Jericho:
Wow!
Over the past few weeks you have put forth an impressive and probably unprecedented display of passion in support of a prime time television series. You got our attention; your emails and collective voice have been heard.
As a result, CBS has ordered seven episodes of “Jericho” for mid-season next year. In success, there is the potential for more. But, for there to be more “Jericho,” we will need more viewers.
A loyal and passionate community has clearly formed around the show. But that community needs to grow. It needs to grow on the CBS Television Network, as well as on the many digital platforms where we make the show available.
We will count on you to rally around the show, to recruit new viewers with the same grass-roots energy, intensity and volume you have displayed in recent weeks.
At this time, I cannot tell you the specific date or time period that “Jericho” will return to our schedule. However, in the interim, we are working on several initiatives to help introduce the show to new audiences. This includes re-broadcasting “Jericho” on CBS this summer, streaming episodes and clips from these episodes across the CBS Audience Network (online), releasing the first season DVD on September 25 and continuing the story of Jericho in the digital world until the new episodes return. We will let you know specifics when we have them so you can pass them on.
On behalf of everyone at CBS, thank you for expressing your support of “Jericho” in such an extraordinary manner. Your protest was creative, sustained and very thoughtful and respectful in tone. You made a difference.
Sincerely,
Nina Tassler
President, CBS Entertainment
P.S. Please stop sending us nuts
Wow!
Over the past few weeks you have put forth an impressive and probably unprecedented display of passion in support of a prime time television series. You got our attention; your emails and collective voice have been heard.
As a result, CBS has ordered seven episodes of “Jericho” for mid-season next year. In success, there is the potential for more. But, for there to be more “Jericho,” we will need more viewers.
A loyal and passionate community has clearly formed around the show. But that community needs to grow. It needs to grow on the CBS Television Network, as well as on the many digital platforms where we make the show available.
We will count on you to rally around the show, to recruit new viewers with the same grass-roots energy, intensity and volume you have displayed in recent weeks.
At this time, I cannot tell you the specific date or time period that “Jericho” will return to our schedule. However, in the interim, we are working on several initiatives to help introduce the show to new audiences. This includes re-broadcasting “Jericho” on CBS this summer, streaming episodes and clips from these episodes across the CBS Audience Network (online), releasing the first season DVD on September 25 and continuing the story of Jericho in the digital world until the new episodes return. We will let you know specifics when we have them so you can pass them on.
On behalf of everyone at CBS, thank you for expressing your support of “Jericho” in such an extraordinary manner. Your protest was creative, sustained and very thoughtful and respectful in tone. You made a difference.
Sincerely,
Nina Tassler
President, CBS Entertainment
P.S. Please stop sending us nuts
News of Interest for June 7th...
2007: Nuclear Attack and Invasion of United States
Author Paul Williams: Al-Qaida 'Definitely Has Nukes'
Gold: Where to Now
Profiting from the push to denationalize currencies and deconstruct nations
Ron Paul on Tucker Carlson
Still more reasons to vote for Ron Paul
Many investors feel like running away from houses
Mortgage rates jump again
Author Paul Williams: Al-Qaida 'Definitely Has Nukes'
Gold: Where to Now
Profiting from the push to denationalize currencies and deconstruct nations
Ron Paul on Tucker Carlson
Still more reasons to vote for Ron Paul
Many investors feel like running away from houses
Mortgage rates jump again
Wednesday, June 06, 2007
My guest this Friday on the Big Finale, Robert Hammond
Robert Hammond is a screenwriter and the bestselling author of Grace Period: The Awakening of Abel Adams. Hammond was a spokesperson for Capital One Financial and has written several books on consumer credit. He has worked as a program manager and consultant with several governmental, nonprofit and private organizations. He has provided counseling to thousands of individuals and was instrumental in establishing Riverside County's (CA) alternative dispute resolution program Hammond is a highly sought after public speaker and has appeared on hundreds of radio and television talk shows. He lives in Southern California.
www.RobertHammond.net
www.RobertHammond.net
News of Interest for June 6th...
Goldman now sees no Fed rate cuts in 2007 and 2008 No relief for the housing market...
Gold: The most trusted currency
Worst home price drop intensifies
Bernanke Says Tighter Lending to Restrain Housing
My article in raidersnewsnetwork.com:
Betting on China Red
Remember what Jim Goldsmith said prophetically in 1993: "Global free trade will force the poor of the rich countries to subsidize the rich in poor countries. What GATT means is that our national wealth, accumulated over centuries, will be transferred from a developed country like Britain to developing countries like Communist China, now building its first oceangoing navy in 500 years. China, with its 1.2 billion people, three Indochinese states with 900 million, the former Soviet republics with some 300 million, and many more can supply skilled labor for a fraction of Western costs."
Gold: The most trusted currency
Worst home price drop intensifies
Bernanke Says Tighter Lending to Restrain Housing
My article in raidersnewsnetwork.com:
Betting on China Red
Remember what Jim Goldsmith said prophetically in 1993: "Global free trade will force the poor of the rich countries to subsidize the rich in poor countries. What GATT means is that our national wealth, accumulated over centuries, will be transferred from a developed country like Britain to developing countries like Communist China, now building its first oceangoing navy in 500 years. China, with its 1.2 billion people, three Indochinese states with 900 million, the former Soviet republics with some 300 million, and many more can supply skilled labor for a fraction of Western costs."
Tuesday, June 05, 2007
By the way...my blog will not be updated next week...
I will be unable to update my blog next week (June 11-15) due to some really cool training I will be receiving from my company. Despite what rumors may result from my absence, let me assure you...I will return the following week to keep things runnin' !
Also, the Big Finale will be having some major changes in the upcoming months. I'm sure if you have seen the upcoming lineup, you've already figured that out. It's going to be for the good of the Big Finale.
Watching the Republican debate right now- some good things are being said here and there but it's amazing... Ron Paul doesn't have to do much and he still stands head and shoulders above the rest. It's nice to see a true Conservative is still running for President!
Also, the Big Finale will be having some major changes in the upcoming months. I'm sure if you have seen the upcoming lineup, you've already figured that out. It's going to be for the good of the Big Finale.
Watching the Republican debate right now- some good things are being said here and there but it's amazing... Ron Paul doesn't have to do much and he still stands head and shoulders above the rest. It's nice to see a true Conservative is still running for President!
Book cracks 50,000 ranking!
Wow, the book has cracked the 50,000 barrier (although right now it is at 56,000). Keep in mind, they stock twenty million different books in their inventory:
Amazon.com:
Paperback: 152 pages
Publisher: Imprint Books (October 3, 2003)
Language: English
ISBN-10: 1591099498
ISBN-13: 978-1591099499
Product Dimensions: 7.8 x 5.2 x 0.4 inches
Shipping Weight: 7.2 ounces
Average Customer Review: based on 5 reviews.
Amazon.com Sales Rank: #56,722 in Books
Amazon.com:
Paperback: 152 pages
Publisher: Imprint Books (October 3, 2003)
Language: English
ISBN-10: 1591099498
ISBN-13: 978-1591099499
Product Dimensions: 7.8 x 5.2 x 0.4 inches
Shipping Weight: 7.2 ounces
Average Customer Review: based on 5 reviews.
Amazon.com Sales Rank: #56,722 in Books
Thanks..
Thanks to all who have bought my books on wrestling promotions, one of the books is consistently beating such notables as former President Jimmy Carter and Al Sharpton...
THANK YOU
THANK YOU
News of Interest for June 5th...
In Love With Debt
China diversifying into equities and gold
Syria to end dollar peg, second Arab country in two weeks
$529,900 to $454,900 in 2 Months. Breaking the Speed Limit of Cost Cutting!
Dollar Drops to Two-Week Low Against Euro on Bernanke Comments
The Impending Global Liquidity Crisis
I wrote this book review for RaidersNewsNetwork.com:
Book Review: That Wasn’t A Bump In The Night -- That Was Tom Horn’s Keystrokes!
Immediately, the author turns back the pages of time to the genesis of mythos and holds it over the Creator’s enduring fingerprint in history to allow a pattern of clarity to emerge. Elements of familiarity and truth resoundingly vibrate with swatches of old fabric from original revelation, although much of it morphed into distorted knowledge by time and rebellion. Mr. Horn rightly sees strange, misunderstood phenomena of present day mysteriously linked to ‘half buried’ mythological and historical artifacts and beliefs of the past. Stories of ancient ‘gods’ such as Hades of the underworld, at first sight, oddly quoted by Jesus in the scriptures, can’t be ignored. "Nephilim Stargates" delves into the ancient religions of Sumerian, Egyptian and Greek origin in generous detail and finds common ground of the gods coming down to Earth from the Heavens and mingling with mankind.
China diversifying into equities and gold
Syria to end dollar peg, second Arab country in two weeks
$529,900 to $454,900 in 2 Months. Breaking the Speed Limit of Cost Cutting!
Dollar Drops to Two-Week Low Against Euro on Bernanke Comments
The Impending Global Liquidity Crisis
I wrote this book review for RaidersNewsNetwork.com:
Book Review: That Wasn’t A Bump In The Night -- That Was Tom Horn’s Keystrokes!
Immediately, the author turns back the pages of time to the genesis of mythos and holds it over the Creator’s enduring fingerprint in history to allow a pattern of clarity to emerge. Elements of familiarity and truth resoundingly vibrate with swatches of old fabric from original revelation, although much of it morphed into distorted knowledge by time and rebellion. Mr. Horn rightly sees strange, misunderstood phenomena of present day mysteriously linked to ‘half buried’ mythological and historical artifacts and beliefs of the past. Stories of ancient ‘gods’ such as Hades of the underworld, at first sight, oddly quoted by Jesus in the scriptures, can’t be ignored. "Nephilim Stargates" delves into the ancient religions of Sumerian, Egyptian and Greek origin in generous detail and finds common ground of the gods coming down to Earth from the Heavens and mingling with mankind.
Monday, June 04, 2007
News of Interest for June 4th...
Bank Says Sorry for Cash Problems
Earthquake Rattles NH Seacoast
Accredited agrees to $400 million buyout by Lonestar
The long life of a housing downturn
The most popular Republican candidate? Ron Paul
Flip This House TV Show a fraud!
California irresponsible-borrower bailout bill is dead
How Bad Could Bad Get?
Earthquake Rattles NH Seacoast
Accredited agrees to $400 million buyout by Lonestar
The long life of a housing downturn
The most popular Republican candidate? Ron Paul
Flip This House TV Show a fraud!
California irresponsible-borrower bailout bill is dead
How Bad Could Bad Get?
Saturday, June 02, 2007
Mystery Solved: Patrick Wood is safe and sound- and rescheduled...
Email from Patrick later in the night:
Bruce,
I'm back online again.
The very second that I hung up with you, the power when down with a "wham". It was an area-wide outage, and it just came back on at 9:00.
All I can say is that I think someone didn't want us to do the interview.
I presume you are out of time yet tonight.
Let me know.Pat
Well, we have had some strange events happen from time to time surrounding the show...
Patrick will be joining us on July 6th. You might not want to miss that as you never can tell what will happen!
Bruce,
I'm back online again.
The very second that I hung up with you, the power when down with a "wham". It was an area-wide outage, and it just came back on at 9:00.
All I can say is that I think someone didn't want us to do the interview.
I presume you are out of time yet tonight.
Let me know.Pat
Well, we have had some strange events happen from time to time surrounding the show...
Patrick will be joining us on July 6th. You might not want to miss that as you never can tell what will happen!
Friday, June 01, 2007
Sorry, Big Finale cancelled tonight...
Well, I talked to Patrick Wood just minutes before the show. We were going to call him back but unable to reach him. After fifteen minutes, we decided to cease. A couple of possibilities:
1. Patrick Wood has another phone number that he was waiting by (and unfortunately, I do not have that number).
2. Some unforeseen event.
We'll get in touch with him and book him as soon as possible. Again, sorry.
Next week is author Robert Hammond who has written an outstanding, gritty novel called GRACE PERIOD. Great book- check it out.
Two weeks from tonight, I will be flying back from Washington, D.C. and will be unable to be 'in studio' in time for the show. So, no Big Finale shows for two weeks this month but will be back to normal in two shakes of a dog's hind leg (or something equivalent)....
As I say on the show....
Have a great weekend, everybody and I'll see you here next week.... as time brings us closer to The Big Finale! Goodnight, everyone....
1. Patrick Wood has another phone number that he was waiting by (and unfortunately, I do not have that number).
2. Some unforeseen event.
We'll get in touch with him and book him as soon as possible. Again, sorry.
Next week is author Robert Hammond who has written an outstanding, gritty novel called GRACE PERIOD. Great book- check it out.
Two weeks from tonight, I will be flying back from Washington, D.C. and will be unable to be 'in studio' in time for the show. So, no Big Finale shows for two weeks this month but will be back to normal in two shakes of a dog's hind leg (or something equivalent)....
As I say on the show....
Have a great weekend, everybody and I'll see you here next week.... as time brings us closer to The Big Finale! Goodnight, everyone....
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