Tuesday, December 4, 2007

U.S. Economy-- Impending Destruction

GerTee's glassfront door in 30 below zero, F.

As the communitarian's economic backdrop falls into play, we move closer to the crisis that will heighten the "need" for a new currency and help to foster a new trading partnership between the U.S., Mexico and Canada. The news is so bad lately we're wondering how many months (as opposed to years) before we're burning worthless federal reserve notes as fuel for the woodstove. I sure hope everyone has a financial plan B.

Did my interview on Jeff Rense. We talked about GerTee's possibilities as a solution to homelessness. He asked the right question: What if you took ten acres and built 100 of these with the sanitary infrastructure included? Now we don't have any of that here...we haul firewood and clean liquids in, and we haul all ashes and brown water to the outhouse. People don't "need" indoor plumbing to have a home.. it's just one of those wonderful American expectations that I would SO, SO love to have right now that it's 30 below. Rense is an unusual NWO researcher because he's interested in exposing communitarianism, especially after he saw how powerful and imaginative they can be when they're stealing local resources. My apologies to the ladies... I may have accidentally swore at the end of the show. Nordica was here bugging me and I lost track of the interview. You can take the bartender out of the bar.. but you can't take the bar out of the ex-bartender.

From Peter Myer's elist:

December 3, 2007

"Innovating Our Way to Financial Crisis"



"The financial crisis that began late last summer, then took a brief
vacation in September and October, is back with a vengeance.

"How bad is it? Well, I’ve never seen financial insiders this spooked —
not even during the Asian crisis of 1997-98, when economic dominoes
seemed to be falling all around the world.

"This time, market players seem truly horrified — because they’ve
suddenly realized that they don’t understand the complex financial
system they created."

"Impending Destruction of the US Economy"

By Paul Craig Roberts


"11/28/07 "ICH" -- --- Hubris and arrogance are too ensconced in Washington for policymakers to be aware of the economic policy trap in which they have placed the US economy. If the subprime mortgage meltdown is half as bad as predicted, low US interest rates will be required in order to contain the crisis. But if the dollar’s plight is half as bad as predicted, high US interest rates will be required if foreigners are to continue to hold dollars and to finance US budget and trade deficits.

"Which will Washington sacrifice, the domestic financial system and over-extended homeowners or its ability to finance deficits? "

"Investing in China: but how long before the bubble bursts?"

By Mark Harris, 01/12/2007, U.K. Telegraph


"Is the Chinese stockmarket a bubble waiting to burst or is a new economic leader emerging that can steal the crown from the US?"

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