Register

Peak Oil is You


Donate Bitcoins ;-) or Paypal :-)


Page added on September 30, 2014

Bookmark and Share

The Collapse of the American Economy Has Begun

Susan Duclos recently interviewed “V” the Guerrilla Economist and the following information was revealed in this landmark interview:

“The process of undermining the US dollar is well on schedule as well; more than 105 countries have decided that the dollar no longer works for them, joining Russia, China and other BRICS nations in leaving the dollar as the entire world comes to the realization that America’s leaders are insane. Their recklessness and evil ways have left tremendous shame upon our nation. Though there has been much manipulation and propping up, but that is only setting us up for the inevitable massive crash.

“V” begins by updating us on recent information that he has received from his 4-Star General source and warns that events are still on schedule, a schedule that he previously warned would leave the US dollar ‘undermined’ by 2015 and the US ceasing to exist as a nation by 2017“.

The interview can be accessed through the following link. I highly recommend listening to this interview.

 

On the surface, these claims appear to border on hysteria. However, as history has proven, time and time again, that Susan Duclos and “V” are to always be taken seriously when revealing controversial information.

Subsequently, I proceeded to find confirming, or disconfirming evidence, that these claims are accurate and should taken seriously by all Americans. Both the direct and ancillary evidence serves as overwhelming in support of V’s claims and Susan’s reporting.

Halfway to Economic Armageddon

“V’s” claims notwithstanding, the American economy is already in severe danger as we consider the following facts.

There are 35 states in this country in which it is better to accept welfare than work at an entry level job. Much like crack cocaine or heroin addicts, much of our nation is hopelessly addicted to living in the welfare state or on unsustainable levels of credit.

welfare by state

From a micro perspective, the personal economic health of America is abysmal. According to the U.S. Census Bureau, more than 146 million Americans are either “poor” or “low income”. Stunningly, more than 100 million Americans are enrolled in at least one welfare program run by the federal government, not including the massive entitlement programs of Social Security or Medicare. The number of people on food stamps has grown to 47.79 million Americans. In 2008, when Obama first took office, only 32 million Americans were on food stamps. Approximately, 20.2 million Americans spend more than half of their incomes on housing, which represents a 46% increase from 2001. Parents under the age of 30 experience poverty rates consisting of 37 percent. The number of Americans living in poverty has grown to one out of every six US citizens.

The above information could be considered to be the good news. What follows is grim.

Watch the Credit Swap Derivatives

In the United States, credit swap derivatives created national debt totals of over one quadrillion dollars. That is one thousand trillion dollars! The entire GDP of the planet is estimated at $66 trillion dollars. And somehow, in the infinite wisdom of Congress in 2008, we falsely and naively believed that a $750 billion transfer of wealth (i.e., Bailout #1) was magically going to save the economy and the collective futures of the American middle class. Please let me repeat that the most conservative estimate is that the derivatives debt is 10 times greater than the GDP of the entire world. Most economists estimate the number to be 16 times greater that the GDP of the planet!    

In short, the debt created by futures speculation is approximately 10-16 times greater than the sum total of the entire wealth on the planet! It would not matter if the debt was only two times the GDP of the planet, we do not have the capacity to pay down this debt. The interest on the debt is growing faster than the rise in national revenue. And we think we are going to climb out of this? Let’s take a moment and discuss the derivatives debt. 

Five of the “too big to fail” banks in the United States that have more than 40 trillion dollars in exposure to derivatives. The national debt is sitting at a grand total of almost 18 trillion dollars. The sum of 40 trillion dollars is almost unfathomable.

Credit swap derivatives trading is not too different from betting on baseball or football games. It is gambling, it is a Ponzi scheme and Wall Street bankers should be in jail. However, this is the new economic landscape of America. The name of the game is the “Last American Garage Sale” where these bankers are positioning to steal all the assets possible before the collapse.

credit swaps

 

Please note that under the category, in the above illustration, “Widgets “R” US Corp“, the banks loan the money. In other words, if this Ponzi scheme fails, the banks which underwrite and guarantee the entire process, will eventually fail!

The credit swap derivatives are bad enough, but when we carry over the economic implications to the health of the banking system, the banks are bordering on total collapse along with all of your saved earnings.

Most Americans Think That Their Deposits Are Safe

Some readers have written to me and have dutifully reminded me that the FDIC is at their bank standing guard over their deposits. How woefully and depressingly ignorant is that statement?

The FDIC does not have the money to cover your deposits as it has only $25 billion in its deposit insurance fund. By law, the FDIC is required to keep a balance equivalent to only 1.15% of insured deposits on hand. Yes, America, that means that less than 2% of your deposits are covered.

Others have pointed out to me that the Dodd-Frank Act (Section 716) now bans taxpayer bailouts of most speculative derivatives activities. You remember the derivatives don’t you? They were the imaginary wealth that was built upon more imaginary wealth but were guaranteed with hard assets backed by the banks. When this house of cards collapsed, it pulled the banks down and led to the series of bailouts which has devastated our economy.

Therefore, when your bank defaults, and it will, the depositors as well as the banks will turn to the FDIC for relief. The FDIC will have no choice but to draw upon its credit line in order to cover a BofA, Wells Fargo and JP Morgan derivatives bust which has been co-mingled with savings account funds. The resulting effect is that this will require a taxpayer bailout to cover the credit line.This will negate the safety from the bailouts that the public thought that they were receiving under the Dodd-Franks bill of no more bailouts.

What very few people are talking about, and as is the case with all credit lines, this money will have to be paid back. Therefore, the coming default of the FDIC, used to cover the derivatives debt, will become the excuse for another taxpayer bailout. And on and on it goes.

BANKSTERS A
When the last instrument has been looted and then deflated, where do you think that will leave you and your computerized digits that represent the bulk of your self-built financial empire? All of your life, most of you have worked for banker backed interest in some capacity and now, these banksters are stealing back the pittance they paid you in the first place. Where’s Karl Marx when you need him? Bank depositors of the world, unite!

More Bad News

With the banks in debt to the tune of $40 trillion dollars, the pension system is also at risk because the banks and their related financial investment firms underwrote the Credit Swap Derivatives. Moody’s warns in its latest report on the state of public pension systems. As Bloomberg reports, “The 25 biggest systems by assets averaged a 7.45% return from 2004 to 2013, but liabilities tripled over the same period leaving them facing a $2 trillion shortfall as investment returns can’t keep up with ballooning obligations”. The top 25 funds account for 40% of the entire US public pension system. Bloomberg further reports that “The 25 largest U.S. public pensions face about $2 trillion in unfunded liabilities, showing that investment returns can’t keep up with ballooning obligations”, according to Moody’s Investors Service. Americans will be working until they drop dead because, very soon, there will be no such thing as a pension. Very soon, most of these Americans will not have any job to go to.

When this house of cards comes crashing down, how do you think the government will deal with the situation? If you have not listened to V’s interview, I would suggest you do so now.

When Will the Economic Collapse Happen?

The collapse has already started. With 105 nations running from the U.S. dollar as a reserve currency, there is nothing left to back up the dollar. Our currency will hyper-inflate and America’s economy will make the crash of the Weimar Republic look like a picnic.

A German woman in the 1923 Weimar Republic purchasing a loaf of bread. This time is almost upon the American people.

Certainly, even the most ardent sheep understand what the economic collapse of the Weimar Republic led to. What makes us think things are going to be any different?

The crash of the Weimar Republic led to this.

Conclusion

Why did George H.W. Bush build a 100,000 acre ranch in Paraguay? Why is NORTHCOM, a combat organization, engaging in continuing the nonstop urban riot control training? Why are UN military vehicles on our soil? Why did FEMA and DHS schedule 10 disaster drills between September 25th and November 13th? Why are former FEMA and DHS agents, as well as many bankers going into hiding in prepared communities?

Are we to believe that all of these factors are unrelated? It is looking more and more like the bail-out money, which was no more than the private theft of public money, is actually doing what the name implies, it is bailing out corporate executives in advance of the coming crash. America is being forced to fund the getaway gifts for those that have stolen so much from the American people!

america burningFactor in the coming Ebola outbreak and the possibility of an EMP attack, the misery factor immediately and exponentially compounds. The American economy is on fire and the only remnants of what once was is a few hollowed out and charred structures.

Once they have our hard assets,the absolute and final crash and burn of the economy will occur and it will be anarchy in the streets. And more of V’s dire predictions, regarding a post-collapse America will undoubtedly come to pass.

Dave Hodges is the Editor and Host of The Common Sense Show.

DCClotheslines

 



51 Comments on "The Collapse of the American Economy Has Begun"

  1. Davy on Tue, 30th Sep 2014 7:25 am 

    Wow, who is choosing the anti-American articles here on PO. Please step forward and show yourself. Give us your comment please so we know your intentions. Are you showing propaganda or promoting it. That matter for a site’s mission. Look ideologue, propaganda motives, and screwed event distortion is not good journalism or science. It takes ethics and the pursuit of the truth not a word food fight. This article takes facts and skews them for an ideologue purpose. I have to accept the fact that the DC and Wall Street Mafia are masters at the same thing and overwhelmingly ahead of this low IQ individual at the game. The rest of the world governments are damn good at it too. I am just wondering what is going on at the PO site here. Can we have less propaganda and more hard science derived articles? Is this a product of web content? Is the web just degenerating into a mud wrestling event? Anyway the hardcore anti-Americans on this site will have a field day bashing America and praising their bright horse. What is happening in this article is a global phenomenon related to the end of growth and diminishing returns to that predicament. To propagandize this phenomenon is tabloid and the tabloid lovers here will devoured it like piranhas.
    ////////////
    Science:
    a method of procedure that has characterized natural science since the 17th century, consisting in systematic observation, measurement, and experiment, and the formulation, testing, and modification of hypotheses.
    Journalism: “Longish”

    The Journalist Creeds[edit]
    I Believe In the profession of journalism.״
    I believe that the public journal is a public trust; that all connected with it are, to the full measure of responsibility, trustees for the public; that all acceptance of lesser service than the public service is a betrayal of this trust.
    I believe that clear thinking, clear statement, accuracy and fairness are fundamental to good journalism.
    I believe that a journalist should write only what he holds in his heart to be true.
    I believe that suppression of the news, for any consideration other than the welfare of society, is indefensible.
    I believe that no one should write as a journalist what he would not say as a gentleman; that bribery by one’s own pocket book is as much to be avoided as bribery by the pocketbook of another; that individual responsibility may not be escaped by pleading another’s instructions or another’s dividends.
    I believe that advertising, news and editorial columns should alike serve the best interests of readers; that a single standard of helpful truth and cleanness should prevail for all; that supreme test of good journalism is the measure of its public service.
    I believe that the journalism which succeeds the best-and best deserves success-fears God and honors man; is stoutly independent; unmoved by pride of opinion or greed of power; constructive, tolerant but never careless, self-controlled, patient, always respectful of its readers but always unafraid, is quickly indignant at injustice; is unswayed by the appeal of the privilege or the clamor of the mob; seeks to give every man a chance, and as far as law, an honest wage and recognition of human brotherhood can make it so, an equal chance; is profoundly patriotic while sincerely promoting international good will and cementing world-comradeship, is a journalism of humanity, of and for today’s world.
    ///////////////

  2. Norm on Tue, 30th Sep 2014 7:39 am 

    This style of writing used to be found in junk mail and the back of a tabloid. Often times, there will be an admonishment to ‘buy gold’ at the end, with the publisher being a gold coin reseller.

    Nowadays, the doomsday article appears to be accurate. It is a precise academic summary. And they didn’t ask me to buy any gold coins.

  3. steve on Tue, 30th Sep 2014 8:32 am 

    I saw one of these links on zero hedge inviting people to come to their conference in Texas….it was at a swanky resort….Sheeple are everywhere….Now cue Makati and booby……when he wakes up and reads this he will be rubbing his hands….

    But on a separate note I have heard of more and more towns getting assault vehicles….

  4. Chris Hill on Tue, 30th Sep 2014 9:06 am 

    Hmmm, all these countries dropping the dollar, but it is higher than it has been against other currencies. Sounds like bs to me. Yes we have problems, crying wolf doesn’t help.

  5. eugene on Tue, 30th Sep 2014 9:06 am 

    I don’t buy all of this but the move away from the dollar started some time ago. And there are military vehicles showing up in a lot of places. Take a look at the Ferguson, Missouri pictures. And I’ve read, many places, of the economy in a much worse position than the last bust. It doesn’t take a genius to know the FDIC will not be able to handle any widespread defaults. Am I a true blue believer? Nope. But I have been nervous for a long time. I do resent the Social Security “entitlement” rants. I paid from 16 on. As far as unfunded liabilities, unfunded liabilities are anything you owe money on that you don’t have money to pay for a the moment. Your house and car loans are unfunded liabilities.

    And, Dave, as far as the “journalist creed”? Words, simply words. Tell me American media has any creed but the buck, In fact, most Americans have no creed other than the buck.

  6. Makati1 on Tue, 30th Sep 2014 9:09 am 

    “… as the entire world comes to the realization that America’s leaders are insane…”

    Hit the nail right on the head with that observation.

    It’s ok Steve. If you cannot see the cliff, it does not mean it is not there. BTW: it is Tuesday evening here in the land of eternal summer. WE are 12 hours ahead of the US East Coast.

    Flag waving doesn’t change facts. Nor does defending the new Hitler or his puppet masters. If you cannot accept that the US is now a failed state, you soon will.

  7. Ron Patterson on Tue, 30th Sep 2014 9:17 am 

    I have to agree with Davy. I simply cannot understand this “hate America” campaign, especially when it is made up of mostly Americans.

  8. Northwest Resident on Tue, 30th Sep 2014 9:17 am 

    Makati1 — So predictable. Push a button, pull a string, and he bolts into action spewing all the standard denunciations of America and predictions of America’s demise that he is so well known for. “US is now a failed state.” Define failed state. Prove it. He can’t, and he won’t. What Makati1 says about America is what he HOPES will happen, what he dreams and fantasizes will happen, what he wishes with all his heart will happen.

    BTW, who is the “new Hitler”? Is it in the article? I didn’t read it.

  9. Makati1 on Tue, 30th Sep 2014 9:18 am 

    Eugene, government spin/BS started in the WWI years. If you are interested, you might read:

    http://www.globalresearch.ca/war-media-propaganda-and-the-police-state/5405032

    “…Western states’ development and utilization of propaganda closely parallels the steady decay of political enfranchisement and engagement throughout the twentieth century. Upon securing a second term in 1916, the Democratic administration of Woodrow Wilson plunged the United States into the most violent and homicidal war in human history. Wilson, a former Princeton University academician groomed for public office by Wall Street bankers, assembled a group of progressive-left journalists and publicists to “sell the war” to the American people….George Creel, Walter Lippmann, Edward Bernays and Harold Lasswell all played influential roles in the newly-formed Committee on Public Information, and would go on to be major figures in political thought, public relations, and psychological warfare research.

    The sales effort was unparalleled in its scale and sophistication. The CPI was not only able to officially censor news and information, but essentially manufacture these as well. Acting in the role of a multifaceted advertising agency, Creel’s operation “examined the different ways that information flowed to the population and flooded these channels with pro-war material.”

    The Committee’s domestic organ was comprised of 19 subdivisions, each devoted to a specific type of propaganda, one of which was a Division of News that distributed over 6,000 press releases and acted as the chief avenue for war-related information. On an average week, more than 20,000 newspaper columns carried data provided through CPI propaganda. The Division of Syndicated Features enlisted the help of popular novelists, short story writers, and essayists. These mainstream American authors presented the official line in a readily accessible form reaching twelve million people every month. Similar endeavors existed for cinema, impromptu soapbox oratory (Four Minute Men), and outright advertising at home and abroad.[1]…”

  10. Northwest Resident on Tue, 30th Sep 2014 9:34 am 

    Ron P: Exactly. How is it that a forum dedicated to peak oil has become a magnet for all the rabid America-haters out there? Answer: No moderation on this forum — anything goes. These loonies come here to post simply because they need to vent their hatred, and this forum provides a place for them to do it.

  11. Davy on Tue, 30th Sep 2014 9:41 am 

    Amen Ron and NR!

  12. bobinget on Tue, 30th Sep 2014 9:45 am 

    Poor saps that simply give up trying, go to self medication, or worse, after reading this crap are to be pitied. Not because they took time out from a fantasy computer game, or web porno but that article is the most reading they will do all day or week.

    Most of our (world) biggest issues facing humanity today are diminished resources and climate change.

    Have you heard? Changed climates will require additional energy . If you’ve been farming without
    irrigation (relying on rain, snow fall) you need to begin to adapt. If you relied on irrigation, 10,000 year old groundwater, you need to look for another job..

    California just experienced the driest year in (recorded) history and this coming winter holds little promise.
    How many Americans understand that implication?

    WHEN the current oil and gas bonanza slowly drys up,
    what then?

    First Solar, America’s leading PV producer is down almost two bucks this AM. Headline readers will tell you “USA Exceeds KSA Oil Production!”
    Economy rebounds! We don’t need no stinkin, ugly solar panels.

    It’s my belief well meaning but poorly informed
    Americans are being fed nonsense conspiracy
    theories to keep them away from important issues.

  13. JuanP on Tue, 30th Sep 2014 10:26 am 

    I skipped this one. Too long a rant for me. Probably some truths in it despite the attitude.

  14. Plantagenet on Tue, 30th Sep 2014 10:40 am 

    Interesting to see how large welfare benefits have become in the liberal “blue” states. Welfare benefits this large just aren’t sustainable in our new post-peak oil slow-growth economy.

  15. JuanP on Tue, 30th Sep 2014 11:25 am 

    I don’t believe the FDIC guarantee will last forever. I only deposit in the bank what I need to cover my monthly bills. The rest is in cash in safer places than a bank. I was a victim of bank fraud once, but it will be hard to fool me again.
    I know cash loses value with time, but for my meager savings it will do. I have enough cash saved to pay my regular bills on a stable economy for three years right now.
    I have lived with hyperinflation before and I will recognize it earlier than most, if and when it comes.

  16. J-Gav on Tue, 30th Sep 2014 11:47 am 

    JuanP – I didn’t skip it but I stopped half-way through – too many approximations and sloppy journalism/use of language.

    Examples: What, pray tell, is an “ardent sheep?”

    “I’m gonna put some bones onto this meat.” Euh, I thought it was supposed to work the other way around.

    “The dollar will be “undermined” by 2015.” Maybe, but that’s certainly not what Charles-Hugh Smith thinks:

    http://www.oftwominds.com/blogsept14/USD9-14.html and
    http://www.oftwominds.com/blogsept14/USD-2-9-14.html

    So when he claims that there is already “nothing left to back up the dollar,” he might be going a little over the top.

    “Every time you hear the word BRICs, we’re talking about over 105 countries.”
    ‘Pure bullshit’ is a pretty good description of that phrase, starting with the blunder about BRICs being a ‘word’ when it’s an acronym.

    “The end of the US as we knew it by 2017.” Pretty vague since 2014 is already ‘the end of the US as we knew it’ … in 2013!

    There is a point or two in this farrago however : the massive, over-leveraged derivatives market is a time bomb but it hardly concerns only the US – Deutsche Bank is the most exposed of anybody in the world!

    I’m not as offended as some are here by the interview’s “rabid anti-Americanism,” which I personally don’t detect in such great quantities. It’s more the tone and the quality of the interview which I find somewhat pathetic.

  17. JuanP on Tue, 30th Sep 2014 11:58 am 

    ““The end of the US as we knew it by 2017.” Pretty vague since 2014 is already ‘the end of the US as we knew it’ … in 2013!” LOL. Thanks for that! Laughing is always welcome. I agree its the tone and quality. It just didn’t look tempting enough for something so long.

  18. Davy on Tue, 30th Sep 2014 1:15 pm 

    Good points Gav

  19. Davy on Tue, 30th Sep 2014 1:16 pm 

    Planter, your point is strong but don’t leave out the astronomical subsidies of the rich, banksters, and industry by the central banks that give them money first at near zero interest that they turn around and invest in some risk with handsome returns. Planter do not forget history when the bad debts of these folks from the boom years that were individualized profits got institutionalized and paid for by the people. If you compare these two welfare benefits it is one is sad the other obscene.

  20. ghung on Tue, 30th Sep 2014 1:27 pm 

    J-Gav: “I’m not as offended as some are here by the interview’s “rabid anti-Americanism,” which I personally don’t detect in such great quantities.”

    Agreed. Just because I’ve been critical of my kids at times, questioned some of their decisions or the direction they may have taken doesn’t mean I don’t love them or won’t stand by them. Indeed, that’s my job as a parent. I see my relationship to my country in much the same light. I’m not saying I agree with the entirety of the article, but I do agree that there’s some truth there.

    Unlike eugene, I don’t equate a multi-generational, national social contract such as Social Security with a car loan, for several good reasons, beginning with the fact that one is the law we must abide by. There’s no law that says I have to get a car loan, and no law that says it must be provided. That our leaders haven’t done due diligence in protecting this trust is criminal, IMO.

    Anyway, I’ve been attending classes on all aspects of growing in a high-tunnel (greenhouse), and am filling out the paperwork to avail myself of the funding for the entire construction. Turns out there’s money there from several multi-billion dollar settlements that, unlike Social Security, can’t be made part of the general fund and is designated for small distributed agriculture, including high-tunnels, fencing, and other improvements (farm ponds, erosion control, small agricultural business startup, etc.). The requirements are fairly simple and the commitments quite moderate; generally that you actually grow something in your high-tunnel for 4 years, and that you maintain your fences for a set period, etc. I plan to go for as much of this funding as I can before things go POOF! (some is 100% of the initial cost) I suggest some of you consider doing the same.

    As the article suggests, there’s a lot more going on than your government feels it’s prudent to reveal, and they aren’t just giving assault vehicles to the local police force. Could be they see the need to build more resilience into things like our local food production systems by providing motivated land owners with the means to feed more than themselves. A hungry populace is much harder to control, eh? Whatever their reasons, I plan to go for it. Contact your local extension office. Ours still works very well, and acts as a sort of hub for non-governmental networking, CSA, Grow Local, etc.. A lot of things still work in this country. Take advantage of them while you can, and quit yer bitchin’.

  21. Apneaman on Tue, 30th Sep 2014 1:32 pm 

    “I simply cannot understand this “hate America” campaign”

    That is because you are under the illusion that America is the good guy. America is just another empire in a long list of empires since the beginning of civilization. They all have various benefits to many of their citizens and some of their client states, but they are all based on force. Ron, how do you feel about funding The School of The Americas (torture school) with your tax dollars? Do you know how much blood is on your country’s hands? Many people around the world do and they do not forget even if it happened a generation or two ago. As for Americans who hate their country, they probably hate what the country does (foreign policy) and do not want to be a part of a nation that cares for nothing but money. Stands for nothing but MORE at any cost to anyone including it’s own citizens. Morally bankrupt a long time ago. For someone who is very smart in many other areas you sure are gullible Ron.

    Deaths In Other Nations Since
    WW II Due To Us Interventions

    http://www.countercurrents.org/lucas240407.htm

  22. herrmeier on Tue, 30th Sep 2014 1:37 pm 

    Makati is an angry man because his welfare check only lets him live in a 3rd world shithole. So you have to understand his bitterness.

  23. ghung on Tue, 30th Sep 2014 1:46 pm 

    So what do you a’holes want regular Americans like me to do? Start shooting our politicians? Say we’re sorry and shoot ourselves? Most of you binary thinkers out there never consider that, in some ways, we too are victims of corruption, an overall sense of entitlement, greed born of unprecedented success; all of the things you lump us into being guilty of. You don’t know me, but you sure have no problem casting stones my way from the cheap seats. I have no respect at all for that sort of prejudice, which sets you in the same cesspool as those you detest.

  24. Davy on Tue, 30th Sep 2014 1:57 pm 

    G, I am turning my cattle operation to management intensive grazing. It can be googled for details. They have cost share I am going to take advantage of. It is a win for the environment, for the economy, the cows, and the land owner.

  25. Davy on Tue, 30th Sep 2014 2:06 pm 

    Apnea, you are missing the point. Tell me a country without sin please. My beef is fairness and balance. I am constantly critical of the bad side of America. Yet, Apnea, don’t friggen make me laugh that most other countries have not practice evil and self advancement. The world could have been a vastly different world without the crazy 19/20th century Europeans then later the thoroughly evil communist. The US is the biggest of them now but in summation and placed relatively in context not much worse than most other countries. I suggest you quit deceiving yourself with hate and start looking at where we can promote positives for the mitigation of an ugly future.

  26. ghung on Tue, 30th Sep 2014 2:23 pm 

    Davy; sounds great. I’ve taken two courses on “managed intensive rotational grazing” and plan to implement this scheme incrementally using a few cows or sheep followed by goats (cows eat grass, goats eat the weeds and stuff cows/sheep won’t eat). I’ll begin expanding my fence systems this fall after the first frost (too many yellow jackets ’til then). I’ve been to a couple of farms using this rotation and the pastures look great with virtually no inputs except lime every 5 – 10 years. I went to one small farm today (met the woman at the high-tunnel class) with goats and sheep; quit nice. We’re going to try and cooperate on some things. She’s selling out of lamb locally, no marketing at all except word-of-mouth; $21/pound for her grass-fed ground lamb, more for chops and racks. Lamburgers, anyone?

  27. Davy on Tue, 30th Sep 2014 2:48 pm 

    I am heading the same way with the goats and cows. I may get some donkeys for coyote control. My issue is how big do I go. I have an optimum 350 acres for cattle. Lots of water sources and great pasture. I think I am going to stay about 1/2 speed. So many other things to do. I should be retired living it up and now I work constantly. I guess the difference is I love what I do. I just wish my body did not hurt so bad then it would be like heaven on earth.

  28. J-Gav on Tue, 30th Sep 2014 3:24 pm 

    Davy – Donkeys for coyote control? Damn, I’d never heard about that one! Not that we have coyotes here in France …

  29. Davy on Tue, 30th Sep 2014 5:08 pm 

    The word is Ebola hit the US. Apparently there is a case in Dallas.

  30. Northwest Resident on Tue, 30th Sep 2014 5:11 pm 

    Instead of: The Collapse of the American Economy Has Begun

    How about: The Collapse of the American and global economies has been baked into the cake at least since the financial meltdown of 2008.

    We can deduce how desperate “they” are to keep it all from falling apart by the extremes to which “they” have gone since 2008 to maintain a sense of normalcy.

    For example: A totally manipulated stock market. Unfathomable trillion$ in debt. Hundreds of trillion$ in derivatives. Massive stock buybacks. ZIRP — and a “market” terrified of any move upwards from ZIRP because that will surely mean the beginning of the end game. Intense propaganda (and lies) pumped out 24/6/365. Fracking!

    Those are all unprecedented extremes to which “they” are going to keep the illusion of normalcy from falling apart. And that’s the short list. These DESPERATE EXTREMES give us a hint — as in, a slap to the face — that things are really, really bad.

    For all you doomers and peakers who predicted teotwawki all those years ago, you just didn’t anticipate the extremes to which “they” would go to hold it all together. Otherwise, you were pretty much spot on.

    But your long wait seems to be just about over.

    Unless of course “they” have even more tricks up their sleeve to draw this long walk off the plank out even further. But in the end, it’s off the plank we go, and tell me honestly, how many more tricks could there possibly be that haven’t already been played?

    It never was sustainable. The age of oil never was anything more than a bright flash in the pan. The end of the age of oil and all it supports has been baked into the cake since the beginning, and since 2008 or so the desperate measures we have seen “them” take vividly mark the beginning of a long walk off a short plank. This cake is just about baked!

  31. Davy on Tue, 30th Sep 2014 5:17 pm 

    Gav, they are meaner than a conered coon with coyotes. That and an electric fence discourages the coyotes.

  32. Davy on Tue, 30th Sep 2014 5:18 pm 

    N/R, yea, I never realize they had so many rabbits in their hat.

  33. Northwest Resident on Tue, 30th Sep 2014 5:35 pm 

    Davy — I wonder what the next trick will be?!

    Hey, I saw that article on the Ebola case in Texas too.

    “CDC Director Dr. Tom Frieden said that the patient arrived in Texas from Liberia earlier this month and exhibited no symptoms. The patient sought care last Friday and has been hospitalized in isolation since the weekend. Frieden said that officials don’t believe there is any risk to anyone who was on the flight at that time.

    State health officials say no other cases are suspected in Texas.”

    Well, it is comforting to know that no other cases are suspected. If immigration officials aren’t quarantining and testing anybody and everybody that is returning from travels in or near the infected areas, then my guess it is only a matter of time before we have a little mini-outbreak of our own here in USA.

  34. Apneaman on Tue, 30th Sep 2014 6:01 pm 

    Davy

    Read more carefully. I said America is just the latest. The entire west is a moral failure.

    ghung your right, you are a victim too and no one can help when and where they were born. The system is very powerful and there is not a lot regular folks can do, but calling others on their bullshit and cheer leading is a good place to start.

    “The darkest places in hell are reserved for those who maintain their neutrality in times of moral crisis.”

    Dante Alighieri

  35. Davy on Tue, 30th Sep 2014 6:11 pm 

    Alright Apnea, I can be dense and fail to see someone’s meaning. Apologies

  36. Davy on Tue, 30th Sep 2014 6:15 pm 

    NR, ya, what else are they suppose to say.lol. Imagine if they came on and said we are in deep doodoo cause the cat walked through 3 crowded airports and a 1000 people could be sick. I hope they are being honest. Time will tell. There will be more if the numbers they are talking pan out in west Africa. They mention 1.5MIL cases by January. I see international travel restricted soon.

  37. Davy on Tue, 30th Sep 2014 6:42 pm 

    NR, you want to speculate on ISIL using Ebola? I bet those dogs are already figuring how many suicide Ebola carriers they can recruit to hit the airways and I don’t mean the top 40.

  38. Northwest Resident on Tue, 30th Sep 2014 8:24 pm 

    Davy — I never thought of that, but yeah, here is an opportunity for the bad guys (not just ISIS) to deploy a little WMD. That is a scary thought!

  39. Makati1 on Tue, 30th Sep 2014 8:38 pm 

    NWR, Davy, and all the other ‘patriotic’ flag wavers love to put down anyone who disagrees with them and points out the US non-exceptionalism. But, then, there are so many more who like to put down America for the lie that it is. They cannot accept that the world is tired of the US bullying and is taking away its power.

    So, rant on with your name calling and put downs. Those of us outside the Mountain of BS called America, see the real world and see behind the American propaganda.

    As for being pertinent to Peak Oil, the economy is what controls the peak, for now. There will be billions of barrels of oil still in the ground, when the last well shuts down, due to a lack of consumers that can afford their products.

  40. Makati1 on Tue, 30th Sep 2014 8:47 pm 

    BTW: ISIS is an American invention and is still run by the US. Any “terror event” in the US will have the CIA fingerprints all over it. The powers need another 9/11 to stir up the sheeple. It is coming, but I suspect it will be chemical or nuclear, not a disease. All they need is a few of their suicidal members to be exposed to the disease and then put them on planes to the rest of the world, even the so-called HS ‘protected’ US.

    BTW: Those airport US government bots are a joke. I accidentally carried a large pair of ‘forbidden’ scissors in my carry on and went through four security points in the US and it was never detected until I got to Japan and they saw it on the x-ray between planes. I guess the American security cannot see 8 inch metal scissors with their x-ray, Too busy ogling the screen picture of the young female in the body x-ray booth.

  41. Northwest Resident on Tue, 30th Sep 2014 8:57 pm 

    Makati1 — I’m not a patriotic flag waver. I don’t love to “put you down” because I disagree with you. I DO accept that the world is tired of US bullying and blah blah blah.

    When it comes to you and your posts, Makati1, I only point out your obsession with American destruction and your illogical belief that the rest of the world will carry on just fine once America is destroyed. I mean, all you talk about is nuclear war, Americans killing each other off, America being destroyed once the world “drops the dollar”, America being destroyed when (fill in the blank). Destruction of America is your obsession, it is ALL you think about. Deny it if you want, but that is obvious by your frequent posts, spinning article after article to make your claim that America is a “failed state”, is going to self-destruct, is (fill in the blank). You are consistent, repetitive and monotonous. If you speculate on anything, it is on America’s destruction. Blame and accuse all you want. None of what you just wrote is true about me, and that’s another final point, you make shit up whenever it suits your America-bashing intentions.

  42. Northwest Resident on Tue, 30th Sep 2014 8:59 pm 

    Makati1 — “Any “terror event” in the US will have the CIA fingerprints all over it.”

    Listen to the expert. Just lay out the facts for us there, Makati1. Tell us what you KNOW, not what you wish for and fantasize will be the case. I won’t ask for proof of your bold statement because I know you don’t have any, you’re just making shit up as usual.

  43. Davy on Tue, 30th Sep 2014 9:57 pm 

    NR, the Philipean dog is going off the deep end. I am glad someone else noticed.

  44. PrestonSturges on Tue, 30th Sep 2014 10:20 pm 

    This has a lot of the usual elements of Millenialist videos for folks waiting for the Rapture. There’s always the “4 star general” or other trusted source, there’s always the UN which has already invade America, there’s always the story about how the world is abandoning the dollar to trade in pine cones. This seems to be a pretty specific subculture of people that meet in church basements and then buy DVD from these hucksters.

  45. adamx on Tue, 30th Sep 2014 10:54 pm 

    The claim that welfare pays better than low wage jobs is probably true; the claim that there are “welfare addicts” is not, or that welfare is easy to get. For example, in Hawaii, there is welfare – but if it’s so easy and pays so well, why are there so many homeless people in the streets? Obviously, welfare isn’t giving them a place to live. If there is really $60k in benefits available over there, I think I’ll move back!

    Food stamps are probably the easiest thing to get, but they aren’t all that much.

    I think the vast majority of those below the “welfare benefits” level of income in these many states are actually working and NOT getting welfare. Of people making less than $50k in Massachusetts, for instance, I would gladly bet that the vast majority aren’t taking benefits of any kind.

    But the larger point is important. Right now there is a lot of “the economy is doing SO WELL!!!” going around. No, it’s still crap for many people, probably something like half the people in the US.

    That aside, this article is nutty. I don’t think the “masters of the universe”, whether they be politicians or hedge fund managers, are trying to take the money and run, because there is nowhere to run to, and if the economy really falls on it’s face the money won’t be worth the paper it’s printed on. They can’t even claim the “hard assets”, because in any revolution capital assets become a target. The Russian and French royalty aren’t hanging out in palaces, their assets were seized. As well as their lives.

    Those in power are desperately trying to maintain the status quo. They are perhaps more clueless than anyone.

  46. ANONYMOUS BY NECESSITY on Tue, 30th Sep 2014 11:22 pm 

    While you pro-war imbeciles are thumping your chests chanting “USA USA USA”, Bank of China (BOC) just signed a non-dollar settlement deal with VTB, one of Russia’s largest commercial banks. This removes the need for the US Dollar to settle their trades. The real world knows 9/11 was an inside job and the USA’s war in terror is a FRAUD, just like the US DOLLAR

    America will return to greatness after about 300-500 key TRAITORS in all three branches of USGov are dragged out of their homes and hung in front of the Lincoln Memorial

  47. Makati1 on Wed, 1st Oct 2014 3:16 am 

    Look at the real statistics about America and you can see the 3rd world behind the propaganda. I only call it as I see it from my point in the universe. That you don’t like what I say doesn’t concern me at all. I can see your motives, even if you cannot or, at least, cannot allow yourself to see them.

    EVERYTHING in today’s world involves the US Empire. At the very least, most all of the horrors and killings around the world, are caused by or involve the US military, US sponsored organizations, or US mega-corporations. That you cannot see it is only a symptom of your brainwashed blindness.

  48. Davy on Wed, 1st Oct 2014 5:57 am 

    AdamX, great points and Yoda give up the dark side of the force spiel. You are starting to look your age on this site. AdamX, I sometimes think about the high net worth individuals especially those that have not prepped. Billionaire/multi-millionaire wealth is really not real in the sense that it has full tangible value. Much of their wealth has market value. They probably have significant tangible wealth also. The market wealth can evaporate overnight. The tangible wealth might not be that tangible if their wealth cannot be secured. On the subject of wealth-fair. The rich are milking the system in a way that wealth is being transferred. This has become a new normal phenomenon along with the globalization of production and good jobs migration. It is essential for the rich to maintain those being triaged out of the system if they want the system to continue. I don’t see that much wealth-fair. I know people on food stamps and it hardly covers a trip to the grocery store. It is nowhere as bad as Yoda of the P’s claims. He is a propagandist that should be talking about the dirty laundry in the Philippians and Asia. Asia can’t feed itself. It is racing along with growth that is going to fail and with it most of the Asia’s many societies with their obscene 4BIL and multiple mega population centers. Yoda is a 70 year old planning on his mountain jungle hideaway. If he was as comfortable with Asia’s future as his propaganda preaches he would not be planning a mountain jungle hideaway. I wonder how an old man is going to survive in the jungle anyway. So, Adam, your points are well taken with me.

  49. Northwest Resident on Wed, 1st Oct 2014 11:51 am 

    “At the very least, most all of the horrors and killings around the world, are caused by or involve the US military, US sponsored organizations, or US mega-corporations.”

    That’s just what you WANT to believe, Makati1. It has no basis in fact whatsoever.

    Take a look at some REAL human rights atrocities, and let us know how America is to blame for these — it shouldn’t be too difficult for your warped mind to figure out a way to lay blame for these directly on America:

    ht tp://www.ryot.org/atrocities-the-u-s-totally-ignored/350341

    And what about North Korea? America’s fault?

    ht tp://www.dailymail.co.uk/news/article-2561201/North-Korea-categorically-totally-rejects-U-N-human-rights-report-details-starved-prison-camp-mothers-forced-drown-newborn-children.html

  50. PrestonSturges on Wed, 1st Oct 2014 11:59 am 

    Read a little more about the “UN vehicles” BS and you will find much of the comments coming the folks who take the “Left Behind” books as Gospel.

Leave a Reply

Your email address will not be published. Required fields are marked *