Why Depression2 is More Significant than Depression1

I know that MSM is not calling our current economic situation a Depression, but we have been in a depression since at least mid-2008.  In fact, I would argue that this depression is far worse than the first by a number of indicators.  However, I think the one indicator that is most telling is the bank failures.  However, it is not just the fact that 185 banks have fallen since 2008, nor is it the fact that compared to the first depression, the term “bank” must be defined differently.  By that, I mean, those who wish to blow smoke up you know where, they look at raw numbers and say.. “Well we had a lot more banks fail between 1929 and 1934, so you really can’t say this recession is a depression”.

BS. If you look at the number of banks that have failed since 2008 and you look at their sizes and the number of branches and assets they represent, D2 is far worse than D1.  But even that under reported fact is not the issue I wish to point out in today’s article.

When you analyze the banks that are currently failing, no one hardly pays attention to the question of when these failed banks were established.  Why is that important you ask?  Well, a significant number of banks that are currently failing and are closed were established before D1 and they had survived the first depression.  Here are some examples:

1st National Bank of Danville Ill. Was closed in July 2009.  This bank was established in 1857. George Washington Savings Bank of Orland Park, Ill. failed February 19th this year and was established in 1890.  Consumer Bank and Trust of Cornelia, Ga. failed on the 19th of February this year and was established in 1900.  Here’s a complete list that is well maintained by the Wall Street Journal :

http://s.wsj.net/public/resources/documents/info-Failed_Banks-sort.html

In fact 38 of the 185 banks that have failed since January 2008 were established BEFORE 1925.  That is nearly 20%of the current bank failures have been with banks that had weathered the first depression, but couldn’t survive this “deep recession”.

What we need to ask ourselves is why?  Were these banks poorly managed or where they manipulated into a position of failure?  Everyone should be paying very close attention to the legal actions being taken over the failure of Washington Mutual, which BTW was established in 1889.

The complaint alleges that, during the Class Period, defendants issued materially false and misleading statements regarding the Company’s business and financial results. WaMu’s loan portfolio contained more than $57 billion in adjustable-rate mortgages or Option-ARM loans. The complaint further alleges that the Company failed to disclose: (i) that it had far greater exposure to anticipated losses and defaults in its home loan portfolio, particularly with Option-ARMs, than it had previously disclosed; (ii) that defendants’ Class Period statements about the Company undertaking significant preparations and implementing defensive measures to weather the increasingly difficult credit and housing markets were patently false; (iii) that defendants had engaged in a conspiracy and scheme to inflate the appraisal value of homes with the intent to artificially increase the estimated loan-to-value ratio of its Option-ARM portfolio; and (iv) that due to the Company’s improper appraisal practices, the mortgages it had issued were much riskier than represented.

According to the complaint, on October 17, 2007, after the market closed, WaMu stunned investors by disclosing that it had suffered a 72% drop in third quarter of 2007 net income and would have to set aside up to $1.3 billion in the fourth quarter of 2007 to cover its loan losses. On this news, WaMu’s stock dropped from $33.07 per share to as low as $30 per share, closing at $30.52 per share on October 18, 2007 on volume of more than 36 million shares. Then, on November 1, 2007, News York’s Attorney General issued a press release announcing that a lawsuit was filed against First American Corporation and eAppraiseIT, alleging that they conspired with Washington Mutual to inflate Real Estate appraisals. Following this disclosure, WaMu’s stock dropped to as low as $23.59 per share before closing at $23.81 per share, on volume of 31 million shares.

On October 21, 2008, the lead plaintiff filed a Consolidated Class Action Complaint adding additional defendants as well as additional claims pursuant to the Securities Act.

On May 15, 2009, an Order On Defendants’ Motions To Dismiss was granted in part and denied in part.

On October 27, 2009, various orders granting in part and denying in part Motions to Dismiss were issued by the court in this matter.

On December 15, 2009, two separate amended complaints were filed by Plaintiff City of San Buenaventura and Plaintiff Lou Solton, Monterey County Treasurer against the defendants in this action.

Subsequently, on December 18, 2009, an Order of Consolidation was granted by the court which established the two cases be maintained in one file under Lead Case No. C09- 664.

But wait there is more.  By some accounts J.P. Morgan Chase manipulated the FED in closing down WAMU prematurely and in fact had “inside help” in WAMU to convince the FED to act.  This is one of the banks that is “too big to fail”.  None of this is conjecture.  It is all facts.

What this is represents in the on-going roll out of the United States of Mega Corporations. I will restate I am not some conspiracy nut.  I am just blessed enough to be fully awake.  I am presenting facts that are not being covered in MSM because the PTB don’t want you to know about this and they certainly don’t want you to act in any “uncontrolled” manner.  As always, please do not take my word for anything, but do get involved.  Do your own research.  Form your own opinions and most importantly exercise your free will.  The PTB are pushing us to a point where they calculate we will revolt, which in turn will give them an excuse to declare martial law and strip us of last vestiges of our rights and our freedom.  Taking all of our money certainly would cause us to panic and rage. This is what we have to avoid at all cost.  We must act before that and in a civil peaceful democratic manner.  The PTB know they have no contingencies to deal with an informed public that exercise their free will in the political process.

How bad is it really? Updated Family Financial Plan for 2010.

It is time to put this whole financial crisis in real perspective.  That is, just what does it mean to me personally.  I think we do not have the right level of concern because we think it is about banksters, wall streeters, and the government.  That somehow it doesn’t really involve me directly.  Unfortunately, this is the opium being feed to you by MSM and the PTB.  As I have been pointing out in my recent articles, these issues are affecting us all more and more everyday.  I think we can all understand being unemployed and what that means to us.  I think we can understand the cost of health care and the impacts of not having coverage.  I think we can all understand how our retirements have shrunk.  I think we can all understand foreclosures, which BTW  are occurring at a faster rate than in 2009.  So far in 2010 there have been 855,900 foreclosures and we haven’t gotten to the end of February.  On an annualized basis that means we can expect another 5,895,000 families losing their homes in 2010 on top of the nearly 5,000,000 families who lost their homes in 2009!  I think we can understand what facing bankruptcy means.  1,406,000 of us already understand so far in 2010 alone and 9,683,000 of us will by the end of the year.  Are we getting it more personal for you?

No, OK let’s do our house hold financial plan for 2010.  We will assume the average family is four people. OK?

First let’s talk about the Federal deficit.  You and I and our children and our children’s children are going to pay this debt through paying taxes.  It is in very real terms OUR debt.  Currently that debt factored into our family plan as long term debt is: $160,756.  Next let’s look at our personal debt.  That is mortgages, credit cards etc.  On average this short and mid term debt per family stands at: $215,836. Now we need to factor in what we owe on a state and local basis and include our obligations to social security, public retirement plans, school bonds, etc.  These obligations which are short, medium, and long term total for our family about: $709,632.  Our discretionary spending per family is roughly 30% of our income so this short term debt for our family is: $18,521.  So let’s tally up the deficit side of our plan.

  • Federal Deficit                   $160,756
  • Personal Debt                   $215,836
  • Social Obligations*          $709,632
  • Discretionary Debt          $  18,521

Total Debt                           $1,104,475

Now let’s take at our assets.  The average household income is: $ 61,738.  We have on average for a family of four savings of $ 4,136. Final, we have on average about 30% equity in our homes.  The average median value of our homes is $215,900, which by the way has dropped from a 2007 high of $247,900.  So our 30% equity net asset value is: $ 64,770.  Finally, we have about $25,000 worth of furniture, junk, and toys.  So let’s add up our assets.

  • Income                 $61,738
  • Savings                 $  4,136
  • Equity in Home  $64,770
  • Disposables        $25,000

Total Assets        $155,644

Total Assets – Total Liabilities = Net Worth :  ($949,101)

This is real.  This IS your debt.  This is your real net worth. In the strictest definition of fiscal responsibility this is where each and every family is at right now.  In other words, we are all hopelessly bankrupt.  Of course there is the 2-3% of us who control 97% of the available worth that are excluded, but reality…..this is where the AVERAGE family is sitting.  Real enough for you now? Check out this site for a valuable insight to the realities of our collective economies.  http://www.usdebtclock.org

Also this post script follow up to the recent article where I suggest they were coming after our retirement plans and savings next.  This is just the tip of the iceberg.

By JENEL NELS

Updated 11:27 AM CST, Mon, Feb 22, 2010

In order to crawl from beneath crushing debt and reach fiscal solvency, Illinois legislators must choose from a series of options that range from bad to worse, according to a prominent watchdog group.

The Civic Federation wants to launch an intervention that includes significant budget cuts and the largest tax increase package in Illinois history, all in an effort to save the state from a $12.8 billion budget deficit.

“Doomsday is here for the state of Illinois,” said Laurence Msall, Civic Federation President, to the Sun-Times.

The group says it would support a state income tax increase from 3 percent to 5 percent. It also recommends the state tax retirees’ pension and Social Security checks be taxed for the first time at the same rate as workers’ paychecks. They want another $1 increase on a pack of cigarettes and to eliminate $181 million in corporate tax breaks.

If implemented, the Federation’s recommendations could shave off $8 billion, but there is a catch.

In order to implement those increases, the Civic Federation says unions should pay more toward their pensions and health care but the unions aren’t interested.

“Illinois’ fiscal crisis has been many years in the making. It was caused by more than 30 years of pension underfunding and many years of spending unfettered by the state’s shrinking revenue resources,” said Msall.

The group’s plan would help alleviate the deficit by 2012, they say.

The state’s red ink has already caused a backlog of unpaid bills to public universities and schools, transit systems and social services.

“The Civic Federation does not enjoy advocating a significant tax increase in the middle of a difficult recession. However, continuing to do nothing would be by far a worse option,” said the Civic Federation in a statement on the group’s website.

And so it goes and goes.  We might want to think about getting  over to the soup line early, huh?  We can sing the Tennessee Ernie Ford Song “Sixteen Tons” on the way.

Here’s Uncle Willie’s Thought for the Day:

Only 60 Days Left Till the Banking Holidays! Caveat Emptor!

I have written on several occasions that we all should keep a couple of months of cash in our physical possession because of the possibility of a banking holiday (don’tcha just love the terminology of weasels) to prevent people from running the banks to get their money out.  I have also said many times that the second shoe on Depression2  has to drop early in 2010.  What we have seen so far is the markets being artificially manipulated and many main stream analysts are now speaking openly about these obvious manipulations.  In my last few articles I have laid out the fundamentals of why it continues to look very grim and is likely to worsen.  MSM is totally complicit in not informing you of the truth and so it falls to nutso guys like me to make a feeble attempt to warn you.  It is Monday morning 22 February and you probably aren’t even awake yet.  Sorry about that, but I am compelled to lay a few things out as it is now almost certain that we are only a few days from the start of Big Wave 2 down in the markets.  Today, I expect to see the markets move upwards 20-50 points and push the 10600 mark later this week, but this is the crest of the wave that crashes ashore.  There are a whole slew of technical market reasons for this prediction. With the sentiment reaching the ugly point, any major drop like to the 6500 level or below will create a mass panic.  But I believe we are going to do exactly that, PANIC.  There may be a number of events that converge to start it, but it is definitely in the cards within the next 30-60 days.

It seems the boys over at Citigroup know it is a fact because this is what they did late last week:

John Carney
Business Insider
Sunday, February 21, 2010

The image of banks locking their doors to keep customers from making withdrawals during a bank run is what immediately came to mind when we heard that Citigroup was telling customers it has the right to prevent any withdrawals from checking accounts for seven days.

“Effective April 1, 2010, we reserve the right to require (7) days advance notice before permitting a withdrawal from all checking accounts. While we do not currently exercise this right and have not exercised it in the past, we are required by law to notify you of this change,” Citigroup said on statements received by customers all over the country.

Folks, How obvious must it become to you!  Notice the date of effectiveness, April Fool’s Day.  You see that is exactly what they think we are, fools.  These guys are telling you 30 days in advance that they have the right to deny you access to YOUR money!  Who the hell gave them that right.  Is it in any banking regulations?  OH, there are NO banking regulations!  I would suggest to the customers of Citigroup that they inform Citigroup by their actions, that they reserve the right to withdraw all of their money BEFORE April 1st.  I am really a very conservative moderate person, but I am beginning to boil over such audacity. I guess I am becoming a reluctant rebel in spite of my firm believe we should have governmental systems in place to  prevent such bold acts by criminals and we should trust those we have elected and those who were hired into federal agencies to prevent acts such as these. But alas, silence and no actions or presence in MSM is seen.

In this case, however, I hope the few readers I have help make this article go viral on the internet!  It appears we have 30 days or so to make it happen.  If nothing else, it would send a message loud and clear to these arrogant knuckleheads that even though they own Congress and the Regulators, they do not own us!  Let’s see if we can get 30-40% of all Citigroup customers to withdraw their monies and open accounts with small local banks and credit unions.  That percentage alone would really send a strong message.  We are not helpless.  We are not without power in numbers.  What do you say, let’s give it a shot.  Just send this article to everyone you know and ask them to do the same.  Let’s see how far we can spread this thing in 30  days.  I would appreciate any comments or suggestions you may have to make this happen.

The Bad News is coming right on Schedule!

The governors meet late last week and as expected they are very broke.  Look surprised.  Even with the bailout TARP monies, the states are literally insolvent.  Many have argued that the US could never go the way of Zimbabwe or Greece, but no one considered that if all 50 states went bankrupt, would that not define the US as bankrupt?  States last year, because most are required by law to balance their budgets, trimmed over $86 billion from their budgets collectively and still were nearly $18 Billion short for 2009.  This was after draconian cuts in state employees, curtailing essential services, and raping education and health care budgets.  2010 now looms with predicted shortfalls of nearly $56 Billion additional shortfalls and 2011 projected shortfalls now stands at about $61 Billion.  The governors are expected are expected to plead with President Obama for more dough, but there is no more to give.

As I have been laying this out for months now, that is, the PTB’s plan to bankrupt the Good Ole US of A and then foreclose, and it is right on track.  On February 13 in the article, “When the Car Goes Off the Cliff, Changing Drivers Doesn’t Help!” I warned that the next step in the systemic robbery of the combined wealth of America, after bankrupting the Federal Government and the State governments and robbing the savings of US citizens via their private retirement plans and 401Ks, was to attack the last source of revenue which is the State Pension funds.  This appeared on Friday:

// U.S. state pension funds have $1 trillion shortfall: Pew

WASHINGTON

Thu Feb 18, 2010 12:15am EST

WASHINGTON (Reuters) – U.S. states face a total shortfall of at least $1 trillion in their funds for employees’ pensions and retirement benefits, and their financial problems are quickly mounting, according to a report released by the Pew Center on the States on Thursday.

Illinois is in the worst shape, with only 54 percent of its pension obligations funded, according to the report, which looked at fiscal year 2008.

Because the analysis did not encompass the final six months of calendar year 2008 — most states’ fiscal year’s end during the summer — it does not include the market downturn that devastated many funds’ investment portfolios.

“The funding gap will likely increase when the more than 25 percent loss states took in calendar year 2008 is factored in,” the report said.

Regardless of stock market fluctuations, pension funds were destined to fall down a budget hole, the non-profit research center found.

“Over the last 10 years, many states have shortchanged pension plans in good times and bad,” said Susan Urahn, the center’s managing director, who called the beginning of the century a “decade of irresponsibility.”

States did not save for the future and manage costs well, said Urahn. She also cautioned that the 8 percent return on investments most states typically expect may need to be lowered.

Still, the dwindling value of the funds’ investments from stock market problems has forced states to deposit more money into their accounts.

In 2000, they were only required to pay $27 billion total into their funds. By fiscal 2008 that amount had more than doubled to a $64 billion deposit. This comes at a time when a long and deep economic recession has devastated states’ revenues and made it nearly impossible for many to pay for basic costs such as salaries.

Describing state pension funds as operating similarly to credit card holders who make minimal monthly payments on their debt but continue to charge, Urahn said the funds were making their problems worse by not preparing for impending retirements.

“The growing bill coming due to states could have significant consequences for taxpayers — higher taxes, less money for public services and lower state bond ratings,” she said.

A pension fund is considered healthy if it has a funding level equal to at least 80 percent of its liability. In fiscal 2008, 21 states were below that mark, compared to only 19 states in fiscal 2006.

The rate of decline has been rapid, the center said. In fiscal 2000 half of the 50 states had fully funded their pension systems but by fiscal 2008 only four — Florida, New York, Washington and Wisconsin — could boast being able to cover their costs.

Public employees often receive other retirement benefits such as health care, and states are struggling even more to meet those spending needs. Only 5 percent of the $587 billion total liability they have is funded, the center said.

Alaska and Arizona are the sole states that have more than 50 percent of the assets needed to pay for other post-employment benefits, Pew said.

(Reporting by Lisa Lambert; Editing by Leslie Adler)

So with 2008 and then 2009 factored in it looks like they (the PTB) got all but 5% of the money!  Excuse me, but if someone came into your house and said how much money do you have and you replied $100 and then they said give me $95, what would you do?  In this case, the B*****ds aren’t even asking.  They are sneaking around and stealing it.  There really is no other way to classify what is going on.  Both Bill Maher and Bill Moyer’s most recent programs have documented that the banksters haven’t changed their MO one iota.  Further, it was documented that they have 100s of lobbyist in each office of the congress and senate EVERYDAY!  They are no longer there to lobby their cause or to persuade a member of the congress or senate to vote this way or that.  They are there to ensure that their EMPLOYEES do exactly as they are told.

How much is too MUCH for you?  See ya in the soup line.

Disclosure, Red Flag Operations, and Other Events to Watch

I have written on several occasions about upcoming events that will disclose issues being deliberately withheld from the public.  Each issue in its own right would outrage the general public but when combined they are not only outrageous, but nothing short of diabolical, sinister, and sick.  These issues range from how the financial crisis was master-minded to steal our personal wealth and deplete the US coffers to who really was behind the assassination of Kennedy, through 9/11 and our involvement in Iraq and Afghanistan.  The reason I am writing about this now is that one of the “mechanisms” that is used to get the general public to accept things they would not normally accept…say like foregoing your constitutional rights,  is to create a “red flag” operation that falsely galvanizes us to act in a predictable manner to a “created’ reality that overpowers our common sense.  Red Flag Operations have been used since recorded history began, but the modern day sophisticated red flag operations were first effectively used by Hitler, as he rose to power in Germany.  To rally the country behind the Nazi Ultaristic ideology, especially after the WWI debacle, Hitler needed a real dramatic demonstration of the reasons why the Nazi party was “correct” in their radical thinking for the time.  Hitler orchestrated the bombing of the Bundestag and claimed Germany had to defend itself from those bent on the total destruction of the German economy.  It was successful and catapulted Hitler into power.

If we are to assume that 9/11 could have been a red flag operation to persuade the American public of the need to invade Iraq and eliminate Saddam, one has to admit it could be viewed by rational people that this act too was historically one of the most effective red flag operations ever in achieving its goals.  Well it seems that there is more and more evidence surfacing that 9/11 may just have been that.  Yesterday the following was announced:

SAN FRANCISCO, Feb. 19 /PRNewswire-USNewswire/ — Richard Gage, AIA, architect and founder of the non-profit Architects & Engineers for 9/11 Truth, Inc. (AE911Truth), will announce a decisive milestone today at a press conference in San Francisco, as more than 1,000 worldwide architects and engineers now support the call for a new investigation into the destruction of the Twin Towers and Building 7 at the World Trade Center on September 11, 2001. After careful examination of the official explanation, along with the forensic data omitted from official reports, these professionals have concluded that a new independent investigation into these mysterious collapses is needed.

Mr. Gage will deliver the news around this major development, accompanied by signers of the Architects & Engineers for 9/11 Truth petition. The press conference will be held concurrently in 38 cities in 6 countries. http://www.ae911truth.org/info/160

These prominent architectural and engineering professionals will discuss the organization’s findings and concerns. A brief presentation of the explosive evidence they have compiled will be followed by Q & A. The presentation is an important update of “9/11: Blueprint for Truth – The Architecture of Destruction,” the DVD produced by the organization, and available on their website AE911Truth.org, which analyzes  the scientific forensic evidence concluding that the three skyscrapers in New York City were demolished with explosives on 9/11.  The petition will be delivered today to every congressional representative by AE911Truth petition signers throughout the country.  Government officials will be notified that “Misprision of Treason”, US Code 18 (Sec. 2382), is a serious federal offense which requires those with evidence of treason to act.

Gage and his group base their conclusions on forensic evidence. Gage states, “The official FEMA and NIST reports provide insufficient, contradictory, and fraudulent accounts of the circumstances of the towers’ destruction.  We are therefore calling for a grand jury investigation of NIST officials”.  Gage points out the destruction of the third high-rise, World Trade Center 7, a 47-story skyscraper which was not hit by an aircraft, yet came down in pure free-fall acceleration for more than 100 feet, is a significant fact that NIST has been forced to admit, due to research conducted by AE911Truth petition signers. Other disturbing facts emerging from the forensic evidence include:

  • Complete destruction of both Twin Towers in just 10 to 14 seconds at near free-fall acceleration
  • Over 100 first-responder reports of explosions and flashes at onset of destruction
  • Multi-ton steel sections ejected laterally 600 ft at 60 mph
  • Mid-air pulverization of 90,000 tons of concrete & metal decking
  • Only a 1200-foot-dia. debris field: yet no “pancaked” floors seen in the debris pile
  • Several tons of molten metal found in debris.
  • Evidence of advanced explosive nano-thermitic composite material found in the WTC dust by an international team of scientists

AE911Truth’s conclusions are shared by thousands of scientists; senior-level military, intelligence and government officials; pilots and aviation professionals; firefighters; scholars and university professors; and 9/11 survivors and their family members.  The implications are enormous and may have profound impact on the forthcoming Khalid Sheikh Mohammed trial.

The 9/11 Truth Movement, which Time magazine in 2006 called “a mainstream political reality,” continues to gain momentum. As AE911Truth’s own influence grows, Gage has embarked on well over 130 speaking events, covering 20 states and 13 countries, including Australia, New Zealand, and Japan. He has been interviewed by media around the world – including the BBC, CBC, NatGeo, and Fox TV.  It seems we all know by common sense that these buildings should not have reacted in the manner they did as a result of airliners crashing into them and our senses said “hey this is just how buildings reacts when they are purposefully demolished”, but to accept anything other than the “official” explanation is just to horrific and scary to accept.

There is a secondary reason for developing this article today.  I believe we may be moving rapidly to a second series of red flag operations to convince us that even though we are stretched to the maximum with our troop deployments in Iraq, Afghanistan, and now Yemen, we must engage Iran militarily.  What concerns me most is that in these red flag operations, the stakes will be raised to include the use of tactical nuclear weapons and this I believe is totally mad.  The implications of such actions could in very real terms start a world-wide extermination of billions of innocent lives.  Limited nuclear exchanges in Iran could trigger similar events occurring between India and Pakistan, which then could lead to involvement by the Chinese and US directly exchanging nuclear salvos.

I have presented a lot of material in this blog space, most all of which is factual and historically documented data in the hopes that 1). the readers would wake up and begin to retake control of our government and 2). bring attention to the madness of the PTB in their obsessive greed and their unbounded ego to own us, enslave us, and finally cull the world’s population to their liking.  Still with all of the evidence right in front of our eyes, and all of us nodding we understand from a position of fogginess, we do not wake up.  Why, for the love of god and our fellow men, why don’t we wake up and retake control of this train wreck?  Honestly what is it going to take?  It really is almost too late now and some would argue it is a fait d’ compli. How can we let these guys drags into another useless war.  Let’s be smarter this go around and say “Hell No You don’t.!

A Follow-up on the Really Heavy Stuff

In July of last year I did a three-part series of articles on some of the really heavy stuff  that may be potentially heading our way.  I must make a confession to my readers that I am in possession of a lot of information from a number of reliable sources and quite frankly it is both very dire and in the same time almost unbelievable in the context of what is going on.  I have also previously mentioned that there maybe 6,000 or so individuals in the world who “know” it all.  BTW, I am not one of them.  I am more in the category of the 300,000 or so who “know” most of it.  This knowledge is being so protected and compartmentalized that even the last two presidents, although briefed on the issues, have been told they don’t have a clearance or a “need to know” it all.  I have also spoke in the past about the two camps within this community of “knowers”.  The Black Group who believe it is not necessary to inform the public in general because there is not much that can be done to alter the coming events and such disclosure would create breakdowns of societies and institutions.  In fact, I believe they also have ulterior motives where they envision themselves as emerging on the other end of these events in charge of the world.  The White Group, of which I am aligned, believe that everyone has a right to know so they can prepare however they are able to endure the coming events.

I could disclose and focus a number of issues, but quite frankly, there is already too much of that floating the internet and is easily discredited because of the fantastic nature of the information.  It is easy to be discredited as a “doomsdayer” or a “2012 freak”.  Further, those who do take the time and effort to really research the information that is available in the public domain are already awake.  It is my goal to awaken those who are still oblivious to the coming events and to do so in a timely manner.  There is no need to panic and there is no need to over react to the situation, but it is now time to get serious about formulating plans to survive as these events are now unfolding.  So today, I will present some materials for your consideration.  I will present facts and provide credible evidence, but even in the face of what I present I encourage you as the reader not to take anything I present at face value.  It is extremely important that you seek the truth for yourself, and based on your own individual efforts.  the reason for this is related to our collective consciousness.  It affects the outcome.  How we all feel and how we all collectively exert our free will alter the events in the future as they unfold.  This is really an important element to understand in the whole process.

Ok, lets look at some facts.  In the popular information floating on the internet, and as depicted in movies like 2012, there will be massive earthquakes and natural disasters.  It is represented that this is will happen all at once.  Not true, there is a slow building to final event, which is a sudden pole shift at the core of our planet.  This shift will occur because of a convergence of events which include our passing through the center of the galactic plane and the passing of a large planet size body that is approaching us as I write this.  The events have already started in earnest.  The USGS and NASA are complicit in withholding and doctoring information, but the events are becoming so dramatic that even they are having a hard time remaining credible in their attempts to hide, distort and doctor the events.

Let’s understand first, a bit of the dynamics of what these events have on our planet.  The main causative elements of these events is a distortion of our earth’s magnetic field and the gravitational forces being exerted on the planet in an increasing manner.  The number and severity of earthquakes is now plainly evident to us all, but here is an official USGS graph to illustrate this point.

Recently, it has gotten so that the USGS tends to downplay magnitudes ratings to hide this alarming trend, but they are quickly losing their credibility.  To illustrate my point, one only has to monitor the daily reporting activities at the USGS site here.  http://earthquake.usgs.gov/eqcenter/recenteqsww/ Then go back a month later and research the same data as historical archived data to understand the game that is being played.  Sad really that good scientists would comprise their integrity in such a manner.

Secondly, there also has been a dramatic increase in volcanic activity, both in frequency and numbers of volcanoes coming alive.  George Ure over at http://urbansurvival.com/ has compiled this chart:

Finally, The approaching planetary body is showing up in images from the Solar Observation satellites and NASA, who have doctored the images since 2003, can’t seem to keep up with the images that are getting out to those who are watching.  Below is a series of official images that were later airbrushed, but these are the original undoctored official images that have managed to escape the editing.  You can be the judge.

and

and

So, I hope this puts things into a clearer perspective for everyone who might come across my meager site.  these events are real.  These events are documented by the most credible institutions, even though they are trying to downplay these dramatic events, and these events are not being covered in any credible or serious way by MSM.  We must all become aware of these events and demand full and complete disclosure.  On a more personal basis, I would recommend that everyone consider seriously now what I have been advocating as theme to this effort of mine.  It is time to understand these events as individuals.  It is time to educate yourself and your families in a serious way.  It is time to make preparations to survive.  On the political and social front, it is time to raise a level of awareness and demand that our governments, not just the US, but all governments come clean and tell us what they know.  Everyone who is convinced of the information I have presented should confront their congressmen or women and our senators to dig into to this and report to us what they know.  It is just time!

When the Car Goes Off the Cliff, Changing Drivers Doesn’t Help!

I hope my readers aren’t buying any of this crap about the economy getting better or that we have some how done anything to change the way we got in this mess in the first place.  Quite the contrary, it is business as usual on Wall Street and with the big “Banks”.   You know the ones that were too big to fail, so that is why our leaders reached in OUR pockets and extracted $7 trillion to “bail them out”.  Banks is an interesting word these days.  It used to be that a bank was a place where you put your money in a checking or savings account and then the bank would make loans to people and businesses in the community and the interest on those loans allowed the bank to pay  interest on our deposits and the bank made money too.

Paul Volcker was asked the other day in a senate hearing on banking what we are doing to control and regulate the banking industry and specifically how was the government going to identify banks who were behaving in a manner that was risky.  Specifically he was asked how and by what criteria will the government determine risky behaviour.  I kid you not when I say his response was ” it is like pornography, when you see it, you know it!”  OMG we are really in trouble!  Shah Gilani, Contributing Editor for Money Morning, gives us a sobering real-time assessment of how corrupt this bail out crap is as it relates to Goldman Sachs.  It is well worth the read and you can find it here: http://moneymorning.com/2010/02/12/trading-ban/

He makes some startling revelations such as Goldman Sachs was changed from an investment firm to a bank in ONE day! by the feds and on a Sunday none the less.  Why, because it gave them access to billions from the Fed at a discounted rate.  Nothing in the history of mankind and in the annals of corrupt governments and corrupt leaders even comes close to what is an on-going theft of our personal wealth and capital here in the good ole United States of Corporations.  The most frustrating aspect of this is the complete complicity of MSM to the whole process.  I can not believe that we are still completely oblivious to what is really going on.  There is no leadership on the Hill, there is no outrage in the street, and there is no activity on the political front to check this out of control behavior.

Instead, drunk with power and convinced we will not wake up, the PTB are instead going for it all and I mean every red cent you have or will have!  This is what is next I believe for us.  First, the second leg down in Depression2.  By say August or September, the Dow will be at 4500, and unemployment will be double what it is right now.  The “government” will respond by proposing the end of all social spending programs to bring the budget deficit under control. As you know the congress raised the deficit limit in early January to 4.7 Trillion and by the first week in February we had reached that limit! WTF!  This will be the justification to end social security, medicare, even federal support to education and they will propose a 10-20% “wealth” tax on all private pension funds like IRAs and 401Ks.  they might even propose a 10-20% Value Added Tax (VAT) on all purchases.  The EU is now proposing to raise the VAT there to 20% this week.  Now I know some of my readers will be saying. “there he goes over the edge, he is nutso”.  To that I say, talk to me next year at this time and we will see how far off the deep end I really am at this moment.  That is if you can get out of the detention camp you are in or if there still is such a thing as the internet or email.

It is not that the PTB assume we will stay asleep.  No they have a contingencies for the possibility that we will wake up before the last cards are played.  I have written previously to what is being planned in case we do take to the streets.  But ask the folks in Pasadena who have seen convoys of UN vehicles without any license plates roaming their streets lately, or the people of China who are having their internet shut down, or the people of Iran who are experiencing the same thing, what they are thinking.  These are not things that are going to happen, they are happening as I write this article today.  Ask yourself why over 1,000 CEOS have resigned in the last 18 months, over 50 in the last month alone.  To put that in perspective, there were only 27 CEO resignations of mid and large cap companies in the whole year of 2007.  They are getting out of Dodge!

The Tea Baggers are right in their instinct of things, but their organizations have been totally comprised and thus instead of accomplishing their goals, they are instead going to be used as a vehicle to finalize  the economic enslavement of us all.  I have tried to stay very moderate in my comments and remarks.  I try only to present facts and not conspiracy theories in my blog, but honestly, time is running out.  Don’t, please don’t take my word for any of this.  It is important that you KNOW these things for yourself.  If by some miracle, we can all wake up at once, there may be some hope for us all.  But at this moment, in my pessimistic and cynical mood, I have a sick feeling it may be too late, but I can hope it is not the case.  Sorry for the doom and gloom, but take it as a medical slap in the face to keep you conscious.

Here is Uncle Willie’s thought for the day.