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Back about 1957 or 58 I heard on the radio that the
Geophysical Year scientists had figured that if the polar ice caps were to melt
the ocean levels would rise at least 200 feet. That made sense in the
Noah's ark case, an early axis shift.
Now you can see pictures of NYC sitting barely above water
level. And the US Capitol building is said to sit about 83 feet above sea
level.
The Antarctic ice shelf sits atop mountains higher than
any others throughout the world, including the Himalayas. Were it to slide
off the resulting world-wide tsunami would inundate every coastline in the
world. I would not miss DC or Wall Street.
Only day traders invest in the equity markets today.
There were about a hundred investment trusts fifty years ago. Today there
are over 5,000, now called mutual funds, for the ignorant investor. The
majority of shares in the Fortune 500 companies are today in government
portfolios, not in private hands. The time of investing for the long haul
is over. The system is crashing. The Dollar is toast.
Note these two posts:
Add this to the mix: "This just came to me from one of the forex
newsletters I get. This fellow has a reputation of being a bit of a
trouble maker and always has something interesting to say. Hi
there  This is Felix writing. In the middle of November of 2007, I had
a gathering on a big yacht with 200 of our members. We discussed many things,
but one of the things I suggested to people is to open bank accounts in
Switzerland. I suggested to people opening accounts with UBS, which at
that time required a minimum deposit of only $100,000 US Dollars. Today I
received an email from my attorney who specializes in US Tax Law. Here
is exactly what the email said: "I thought you would find this
interesting: UBS is no longer accepting US clients. current accounts will
remain, but no new accounts. This is an amazing development. There are other
options, but most require large deposits ($3m+) from US
clients."This email sent a shiver of disturbance up my spine for
the following reasons. 1. I am not sure if you knew this or not, but
after the stock market bust in the late 1920s, the US Government passed a law,
which made "gold holdings" illegal. They instantly confiscated everyone's gold,
and gave them pennies of what it was actually worth, and whoever tried to buy
gold again, became a criminal and was either heavily fined or went to prison.
This was a desperate act of the government to inspire people to keep spending
their money and stop them from hoarding it in other instruments. 2. I am
not sure if you knew this or not, but just a short while back, in 2006, the US
government stopped reporting the size of its money supply. That basically means
that since 2006, it has been creating money, and nobody in the world officially
knows how much money has been put into circulation. This means that the US
dollars might be so overinflated in value than most people even
realize. 3. In the beginning of 2008, Chinese officials have mentioned
for the second time within a few months that they are holding too many dollars,
and they would like to diversify their portfolio. Please note that Japan and
China have been the two biggest parties buying up dollars, and their demand for
dollars is what has kept it afloat. 4. Several times in 2007, and perhaps
before that, there were serious suggestions made by some European country
officials to set Euro as currency to buy and sell oil with. The fact that demand
for oil has been high, and that in order to buy oil, one must buy it in US
dollars, has also kept demand for dollars high. So, to make the long
story short, we have the US Fed printing as much money as they want, with nobody
knowing how much exactly they have been printing, and I have a feeling that the
supply of US dollars is increasing a lot more rapidly than demand for them. In
addition to that, there are threats from many different parts of the world to
hinder demand for US dollars even further. Now, I hope you understand
more clearly why that email from my attorney disturbed me. If a major Swiss Bank
is stopping to accept US accounts, perhaps it's one of many preparation steps
from US government to make sure its citizens do not get their money out of the
country, in case there is another major financial crisis similar to the Great
Depression. This is just another suggestion that if you have a lot of
savings in US dollars or other US instruments, I strongly recommend to take it
out of the country. According to the words of my attorney, it seems like
Switzerland has shut its doors, but perhaps doors into some other European
countries are still open... Interested to hear your thoughts and
suggestions. This also seems significant:
----- Original Message -----
Sent: Friday, March 21, 2008 6:30 AM
Subject: [Crossover2012] American Refugees are flooding into
Canada
http://www.mathaba.net/rss/?x=586176American Refugees are
flooding into Canada In September of 2007, the city of Windsor, which
borders the United States, officially asked for financial assistance from
Ottawa to deal with American refugees flooding into Canada. This is
proving to be the tip of the iceberg, and only the first wave of economic
refugees that have been created in the United States. There are now tent
cities being built outside most large metropolitan areas, one of the largest
of which is in Los Angeles. The following report from the BBC highlights the
consequence of the US subprime meltdown and the fears that the crisis is
growing. http://news.bbc.co.uk/2/hi/americas/7297093.stmThe
homelessness situation has grown so rapidly in the United States that
certain cities are issuing color-coded wristbands - blue for those who can
stay, "orange for people who need to provide more documentation, and white
for those who must leave." Refugees will no longer be able to stay in one
area, meaning that many towns and cities will now have to be prepared to
receive migrant refugees displaced by local governments from other
districts and States." --- Ray
----- Original Message -----
Sent: Saturday, March 22, 2008 10:30
PM
Subject: Re: [socialcredit] in further
reply to Joe Thomson
You really can't see what problem would be solved?
I can't believe you took that literally. It was an updated and
green'd version of "a pox on all their houses" :)
And if I was really advocating disasters, it wouldn't be in the same vein
as disaster capitalism. It would be more on the order of killing a
cancer - to eliminate disease from the body.
Joe Thomson <thomsonhiyu@shaw.ca> wrote:
Vicky, I think what many people still call
'investing' through the stock market is more in the nature of 'speculating'
these days. Possibly we all LOSE from that, even those who think
they're ahead because they've bought and sold stocks at a profit. Since it
may well be aiding in the destruction of the purchasing power of our
currencies.
I really fail to see just what 'problem' would
be solved by an earthquake causing the east coast of the USA to drop into
the ocean.
Seems to me the US has quite enough
problems caused by recent natural disasters to contend with already, and
none of them seem to have really 'solved' anything for the people affected
by them.
And for those not, it's almost like
saying we have to have continued disasters, or a war, for there to be
any (illusion of) prosperity in the country. Surely we can do
better than that in this day and age.
Joe
----- Original Message -----
Sent: Saturday, March 22, 2008 12:10
PM
Subject: Re: [socialcredit] in
further reply to Joe Thomson
Why on earth would people with small amounts of money invest it in
the stock market? The stock market is a rigged game. The
little guys - even when they band together in mutual funds LOSE.
Pray for an earthquake to drop the entire east coast of America into
the ocean.
Just
to expand somewhat, Joe, on my earlier reply.
Firms sell and
consumers purchase goods, services AND
securities. The problem now is
that consumers are
severely limited in their ability to
purchase
securities, because they as a class have only a
small
surplus in their wages and salaries over their costs
of
living. With the Social Credit dividend and retail
discount,
consumers will increasingly purchase
securities, and here I use the
term broadly defined,
from which they will increasingly derive
unearned
income in the form of dividends from firms whose
profit
is being sustained through the Social Credit
program. The Social
Credit dividend and discount are,
in the final analysis, nothing more
than macroeconomic
accounting adjustments that compensate for the
flaw in
double entry accounting demonstrated through the A +
B
theorem, something like leap year adjustments to the
calendar.
The full scope of the "dividend" in
Douglas's theory is not limited
to the Social Credit
dividend and discount. Some of the profit to
the
firms will be invested in new productive capacity
without the
necessity for loans from the banks. The
result is an economy not
nearly so financially
constrained as at
present.
Bill
------------------original
message-------------------
Bill, thanks for this explanation.
This is truly
fascinating. It is a difficult conception for me
to
immediately grasp, and I'm sure others would find it
so, too,
since it requires looking at things in a way
far differently from the
way we usually do. But put
as you've put it here, it does seem to
make sense.
When you wrote one time before, I believe it was in
a
discussion with Michael Lane a few years ago, that
consumers buy
goods and services, and 'securities',
then with the Social Credit
augmentations to income we
could expect to see a broadening of
capital ownership,
(and more investment in 'new' product development
and
discoveries), as the "propensity to consume",
(existing)
product diminished and more of our
individual incomes could be
directed into investment?
If that's the case, then that would
certainly be
something different and more meaningful from what
the
Kelso ESOP schemes, ("scams", because I think you're
right in
what you've written previously about a lot of
them being just that),
have to offer.
Joe
____________________________________________________________________________________
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Vicky Davis
"If ye love wealth better than liberty, the tranquility of
servitude better than the animating contest of freedom, go home from us in
peace. We ask not your counsels or your arms. Crouch down and lick the
hands which feed you. May your chains set lightly upon you, and may
posterity forget that you were our countrymen." ~ Samuel Adams
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Vicky Davis
"If ye love wealth better than liberty, the tranquility of servitude
better than the animating contest of freedom, go home from us in peace. We ask
not your counsels or your arms. Crouch down and lick the hands which feed you.
May your chains set lightly upon you, and may posterity forget that you were
our countrymen." ~ Samuel Adams
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Best regards,. Bob Taft The Taft Ranch Upton, Wyoming
(307) 465-2206 "The man who reads nothing at all is better educated than
the man who reads nothing but newspapers." [Thomas Jefferson] http://www.rumormillnews.com/cgi-bin/archive.cgi?read=74897"We
hang the petty thieves and appoint the great ones to public office." Aesop
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