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Posting from Pingle on my iPhone to Ping.fm, group #b selected. Weeee!

Smelling fresh, homemade, cinnamon, muffins! :-*

Whachoo Looking At?

Fixin' to bust loose on Mt. Moosilauke.

Getting ready to go to Liturgy this morning. Never heard back from Alex so I assume I'm reading the Hours and will need to leave early.

Shatter the Matrix of Lies by continually praying the Jesus Prayer. "Lord Jesus Christ, Son of God, have mercy on me, a sinner." +++

Just said goodbye to the spousal unit and eldest reproductive unit as they head outta town on bidness.

Electric Sky on Mt. Welchndickey

Electric Sky on Mt. Welchndickey, originally uploaded by Zenzoidman.

Samurai Appliance Repair Man
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Appliance Repair Tweets: twitter.fixitnow.com

Sunburst Over Cardigan

Sunburst Over Cardigan, originally uploaded by Zenzoidman.

Mt. Cardigan viewed from Mt. Orange.

Samurai Appliance Repair Man
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Electricity in the Air on Rimrock Mtn.

Electricity in the Air on Rimrock Mtn., originally uploaded by Zenzoidman.

Viewing Mt. Cardigan...

Samurai Appliance Repair Man
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Bluebird Day on North Kinsman

Bluebird Day on North Kinsman, originally uploaded by Zenzoidman.

With undercast clouds, a special treat!

Samurai Appliance Repair Man
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Merry Freaking Christmas!

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Fixitnow.com Samurai Appliance Repair Man
http://www.fixitnow.com

Zenzoidman's Blog
http://scuttlebuttcafe.net

Alex Jones Show for Thursday, 13NOV2008

Today Alex welcomes regular guest Bob Chapman of the International Forecaster to discuss the collapsing economy, the future of gold and when we can expect the spectre of hyperinflation to explode back onto the scene. Alex also welcomes Col. Craig Roberts to discuss the new world order.

Download Here (MP3, 90Mb)

Financial End Game Fantasy Scenario

I'm sick of all the bad economic news. All it does is cause us to focus on disastrous scenarios in an attempt to keep us paralyzed by fear and anxiety, looking to the gubmint and the new Messiah-elect to be our savior. Here, at long last, a financial end game scenario with a HAPPY ending!

2009-2012 Future Scenario

October 2008: After a brief relief rally, the market remains flat at around 11,400 on the DOW. No rebound in home sales, car sales plunge and unemployment surges. The message from Treasury & Fed is "wait for the bailout to work."

November 2008: Obama wins the election. The $0.7 Trillion has been entirely swallowed up by the $1,000 Trillion in unsound derivatives debt bomb. Once again, institutions stop lending to each other. Citigroup and Wachovia fall into the FDIC's hands, which asks Congress for $300 billion extra to replenish its insurance fund. Secretary of the Treasury Hank Paulson and Fed Chairman Bernanke both resign.

December 2008: The Christmas shopping season is a disaster. By February, 30% of the retail establishments in America that were operating during Christmas will be shuttered.

January 2009: President Obama is sworn in and announces extraordinary measures to stop the crisis. First of all, he negates all derivitave contracts, and it is illegal to enter into such contracts in the future. Secondly, he halts the payment of funds overseas. "We need to keep our funds at home during this emergency", Obama explains. Ports fall silent as the importation of goods from China stops. Basic consumer goods are scarce and expensive. News reports focus on "the restarting of American industry". The US Dollar sells off below 60 on the USD Index.

Spring 2009: The Federal Government suspends Medicare and Medicade payments to states, which greatly frees up cash flow in D.C. States implement a triage form of medicare, and almost all but the most rudimentary treatments become unvailable to those who cannot pay cash up front. Democrats rage against President Obama, and threaten to eject him from the Democratic Party.

Summer 2009: “Official” unemployment numbers are now at 13% (realistically, it is 25-30%). US soldiers are used to put down riots in inner city areas. Production of consumer goods domestically begins to catch up with demand since the halt in foreign payments to China left America's ports empty and rusting. The Federal Government announces that there will be no Social Security payments in October, 2009 to help conserve cash, and urges the elderly to save ahead for the missed month. A schedule, showing every fourth month to be a "Social Security Holiday" is circulated. President Obama's approval rating plunges even further. Half of all regional banks have failed. The Federal Government continues to fund the FDIC and insured accounts are still guaranteed.

Fall 2009: With credit still frozen, housing prices are down 50% compared to one year earlier in the Fall 2008. Standard size homes in the Midwest/Southeast are selling for $40,000 cash and $130,000 cash in waterfront areas of California/Florida. California announces it will default on its budget and halts all expenditures except for police and army national guard. Massive wildfires are not fought due to lack of money, and ten billion dollars of damage occurs in the great Inland Empire Fire. General Motors and Ford, both of which are hedge funds masquerading as automobile manufacturers for years, end production of cars and shutdown remaining factories. Boeing declares bankruptcy. General Electric's manufacturing businesses are purchased for $1.9 billion by Warren Buffet when the financial arm of GE collapses. Unemployment at 35-40% and Gold bullion surges above $4,000 per oz. as the US Dollar cascades downward to 30 on the USD Index, closely followed by a EuroDollar selloff. The Singapore/ Aussie/NZ Dollar(s), Swiss Franc, Norwegian Krone and other defensive currencies rise exponentially in value near-term, but only as a reactionary move due to the consequent selloff in the US Dollar and not due to any fundamental secure backing of those respective currencies.

Winter 2010 Leading into 2012: Steady very-high unemployment, increased civil violence and hunger, and limited credit availablity. President Obama loses the election to Reed/Dobson running on the newly-formed Independant Christian Party. President Ralph Reed restores monthly Social Security Payments at 35% of previous levels, but fails to restore Medicare payments to the states. Mortality rates among the elderly reach third world levels. Gold bullion goes parabolic north of $10,000 per oz. with few sellers. An ad-hoc barter / underground economy takes root and is virtually the only method to conduct economic activity.

2011-2012: Presidential Decree Broadcast Worldwide (CNN,CSPAN,BBC,SKY)
“The Gold Dinar Coin currency introduced last year in the middle east (Gulf Cooperative Council) is a laundering house for terrorists…. Terrorists who have brung harm to Americans.… terrorists that are laundering illegal blood money from the death of American troops and citizens. Our focus, my fellow Americans, is to decapitate the enemy….the lifeblood of our enemy is their currency. To take out the terrorists, we must take out their currency. To protect against the terrorists, effective immediately, I’ve issued Presidential Executive Orders for the US military to confiscate all Gold Dinar Coin currency worldwide and the Dept. of Homeland Security to confiscate gold bullion within these United States. Any US citizen hoarding gold bullion/coins will be considered a terrorist and prosecuted to the fullest extent of the law as provided for in the Patriot Act, NSPD-51, and these executive orders and enforced via repeal of the 1878 Posse Comitatus Act. All safety deposit boxes are sealed and can only be opened in the presence of an agent of the Dept. of Homeland Security.”

Immediately, gold bullion surges above USD $200,000 per oz. on world trading markets (traders determine that $51 Trillion in foreign held debt obligations divided by 260 million ounces gold supposedly held in US bullion vaults) as massive, national trade deficit / debt obligation reconciliation via Bank for International Settlements (BIS) demands, attempt to force entire physical gold bullion transfer / Special Drawing Rights (SDR) from the United States to China, Russia, Japan, and other countries holding United States debt instruments. News leaks that the (unaudited since 1955) US gold bullion vault reserves at Fort Knox, Kentucky and Federal Reserve Bank of New York are empty and the United States refuses to meet the SDR mandates issued in Basel, Switzerland, thereby defaulting on all sovereign debt obligations.

The US Dollar is sold off with wanton abandon across the globe and is refused as a medium of exchange. Americans can no longer trade with any form of currency, millions upon millions are bankrupted and the US government is overthrown in a violent, civil insurrection. 1000 guillotines are erected throughout the 3-mile long Washington DC mall and 20 million former investment/commercial bankers, stock traders, realtors, mortgage brokers, corporate lawyers, insurance agents and financial-related federal employees + the gang of 535 are rounded up by a newly-resurgent US militia movement of the 330 million citizens. The guillotines operate 24/7 as the world watches in utter disbelief-- a replay of the 1789 French Revolution on steroids. Meanwhile, Zionists (British Monarchy, Rothschilds, Rockefellers, Bushs/Clintons, Neocons) are pursued on a worldwide manhunt, focusing on hideaways in Paraguay, Uruguay, Chile and Argentina. With frightening speed, all other countries nationalize their gold mines to anchor their respective currencies in emergency action, to be able to trade in a new worldwide gold standard environment, as established by the Gold Dinar Coin, Russian Gold Rouble and Chinese Gold Yuan currencies.

Sensing the moment of primary weakness planned for decades, Russia and China launch a coordinated, preemptive nuclear attack – taking out, first, the entire satellite communication space infrastructure, rendering all US/UK Command and Control apparatus inoperable. Simultaneously, multi-reentry/multi-targeting hydrogen-bomb warheads begin to detonate over New York City, Washington DC, Los Angeles, London and 2000 other targets inside the continental United States/UK and Hawaii.

Change? Oh yeah... GOOD n' HARD!

Global systemic crisis Alert - Summer 2009: The US government defaults on its debt

Yow!

http://www.leap2020.eu/GEAB-N-28-is-available!-Global-systemic-crisis-Alert-Summer-2009-The-US-government-defaults-on-its-debt_a2250.html

Samurai Appliance Repair Man
http://www.fixitnow.com

Sent from my iPhone

Bailout Bill Marks the End of America as We Know It? :: The Market Oracle :: Financial Markets Analysis

You gotta read this article. He explains exactly how this mess
started and why the bailout won't help one bit-- it's just hush money
for the big banks who carried water for the Bush hunta. Martial law
is imminent as civil unrest and the Greater Depression becomes
reality. Get ready for Hell on earth.

http://www.marketoracle.co.uk/Article6582.html

Samurai Appliance Repair Man
http://www.fixitnow.com

Sent from my iPhone

Across the Pond

Autumn Field

Asian Governments Openly Discuss Dumping Treasuries

This is a bombshell, buried in the back pages of Bloomberg.  Asian govts, big holders of US debt, are trying to reach an agreement to prevent panic selling of US debt. If this were to happen, the dollar would self-destruct overnight.  Think oil's expensive now, just wait 'till it's $500/barrel, the result of a dollar that loses 70% of its value overnight as a result of panic selling by Asian governments.  It's not a question of IF this will happen, it's WHEN. My best guess is that the dollar will collapse this coming winter.

:::::::::::   

Bloomberg News, sent from my iPhone.

Asia Needs Deal to Prevent Panic Selling of U.S. Debt, Yu Says

Sept. 25 (Bloomberg) -- Japan, China and other holders of U.S. government debt must quickly reach an agreement to prevent panic sales leading to a global financial collapse, said Yu Yongding, a former adviser to the Chinese central bank.

``We are in the same boat, we must cooperate,'' Yu said in an interview in Beijing on Sept. 23. ``If there's no selling in a panicked way, then China willingly can continue to provide our financial support by continuing to hold U.S. assets.''

An agreement is needed so that no nation rushes to sell, ``causing a collapse,'' Yu said. Japan is the biggest owner of U.S. Treasury bills, holding $593 billion, and China is second with $519 billion. Asian countries together hold half of the $2.67 trillion total held by foreign nations.

China, Japan, South Korea and others should meet soon to seal a deal, said Yu, a former academic member of the central bank's monetary policy committee. The talks should involve finance ministers, central bank governors and even national leaders, he said.

``Whether some kind of agreement between them to continue to hold Treasury bills is viable, I'm not sure,'' said James McCormack, head of sovereign ratings at Fitch Ratings Ltd in Hong Kong. ``It would be unusual. If it became apparent that sovereigns in Asia were selling Treasuries the market would take that quite badly, it's something to be avoided.''

The global credit crisis, triggered by a housing slump in the U.S., has saddled financial companies with more than $520 billion in writedowns and losses, collapsing Bear Stearns Cos. and Lehman Brothers Holdings Inc. in the process. Insurer American International Group Inc. and mortgage giants Fannie Mae and Freddie Mac also were rescued by the government.

`Grave Threats'

U.S. Treasury Secretary Henry Paulson is urging Congress to pass a $700 billion plan to remove devalued assets from the banking system. Federal Reserve Chairman Ben S. Bernanke said Sept. 24 that the U.S. is facing ``grave threats'' to its financial stability.

China's huge holdings of U.S. debt means it must bear a large proportion of the ``burden of sorting things out'' in the U.S., Yu said. China is not in a hurry to dump its U.S. holdings and communication between the two nations every ``couple of days'' is keeping Chinese leaders informed and helping to avoid a potential panic, he added.

``China is very worried about the safety of its assets,'' he said. ``If you want China to keep calm, you must ensure China that its assets are safe.''

Currency Manipulator

Yu said China is helping the U.S. ``in a very big way'' and added that it should get something in return. The U.S. should avoid labeling it an unfair trader and a currency manipulator and not politicize other issues, he said.

``It is not fair that we are doing this in good faith and are prepared to bear serious consequences and you are still labeling China this and that, accusing China of this and that,'' he said. ``China knows what to do. We don't need your intervention.''

The U.S. financial crisis had taught China a lesson and that was: ``Why are we piling up these IOUs if they may default?'' China's economic expansion strategy, which emphasizes export growth that has led to trade surpluses and the accumulation of $1.81 trillion in foreign-exchange reserves, is the main problem, said Yu.

``Our export-growth strategy has run its natural course,'' he said. ``We should change course.''

China should stop intervening in the foreign currency markets and thus allow rapid appreciation of the yuan, he said. While this would cause pain for exporters, China could ease the transition by using its strong fiscal position to aid those who lose their jobs. It also should stimulate domestic demand to offset lower income from overseas sales.

Without yuan appreciation, China will continue to accumulate foreign reserves, which means further accumulating ``IOUs from the U.S.,'' said Yu. ``This is paper and it may default and it will not increase China's national welfare.''

If China doesn't allow the yuan to appreciate and continues to promote export-led growth it will lead to confrontation with the U.S. and Europe, Yu said.

To contact the reporters on this story: Kevin Hamlin in Beijing at khamlin@bloomberg.net

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