Outlook 2008, The Upcoming US Depression

[ShanghaiWayne]

On water this is in areas more important than oil. Man has the power to cause or not cause rain.The science of it (non cloud seeding) embraces Atmospheric ionization with a spark discharge (plasma physics). From records more recently to hand almost 5 decades of offshore research has gone into it including the sciences reaching as far back to Nicola Tesla, Michael Faraday, Sir William Crooks and Walter Russell.

In 1977 the ENMOD Act of the United Nations was passed forbidding man / countries to engage in the use of weather modification technology for warfare purposes.
See http://untreaty.un.org/sample/EnglishInternetBible/partI/chapterXXVI/treaty1.htm

In October 1996 a group of learned USA Airforce PHD’s conversant with weather engineering / modification issued a report entitled “ Weather as a Force Multiplier Owning the Weather in 2025 “in recognition that man would control the weather by 2025.â€￾ The USA Senate hearings translated it later into an Act.See http://csat.au.af.mil/2025/volume3/vol3ch15.pdf

Little did anyone know that in 1996 a group of allies abroad were already light years ahead in that particular field of research.

In October 2005 the USA Senate passed a bill known as the Weather Modification Research and Technology Transfer Authorization Act of 2005 to buy the technology worldwide. The best available is still held privately overseas. See http://thomas.loc.gov/cgi-bin/cpquery/T?&report=sr202&dbname=109&

Trials and successes are being repeated abroad as we speak. The mindset and technology gap for universal good use to man have to be urgently overcome and the fact that Tesla started the global weather modification quest. As in drilling the earth , man already knows how to drill from the heavens or plug it.

 

[zarni]

On water this is in areas more important than oil. Man has the power to cause or not cause rain.The science of it (non cloud seeding) embraces Atmospheric ionization with a spark discharge (plasma physics). From records more recently to hand almost 5 decades of offshore research has gone into it including the sciences reaching as far back to Nicola Tesla, Michael Faraday, Sir William Crooks and Walter Russell.

In 1977 the ENMOD Act of the United Nations was passed forbidding man / countries to engage in the use of weather modification technology for warfare purposes.
See http://untreaty.un.org/sample/EnglishInternetBible/partI/chapterXXVI/treaty1.htm

In October 1996 a group of learned USA Airforce PHD’s conversant with weather engineering / modification issued a report entitled “ Weather as a Force Multiplier Owning the Weather in 2025 “in recognition that man would control the weather by 2025.â€￾ The USA Senate hearings translated it later into an Act.See http://csat.au.af.mil/2025/volume3/vol3ch15.pdf

Little did anyone know that in 1996 a group of allies abroad were already light years ahead in that particular field of research.

In October 2005 the USA Senate passed a bill known as the Weather Modification Research and Technology Transfer Authorization Act of 2005 to buy the technology worldwide. The best available is still held privately overseas. See http://thomas.loc.gov/cgi-bin/cpquery/T?&report=sr202&dbname=109&

Trials and successes are being repeated as we speak. The mindset and technology gap have to be urgently overcome and the fact that Tesla started the global weather modification quest. As in drilling the earth man already knows how to drill from the heavens or plug it.

And your point?

 

[chriis]

Nobody has really forced foreign countries to hold american debt. It is a free market. As for the american public - that is a direct result of the politicians that were voted in by themselves. Americans want to drive an SUV regardless of which foreign country needs to be invaded to ensure cheap oil. There is a reason that trillions have been spent on this war and that reason is - it is actually worth it in economic terms. Chenney may not be a good guy but he is not a dumb guy...

I agree with last line wholeheartedly though I have to say there is little hope. Even in the unlikely event he does get elected in if he actually attempts to carry out what he has proposed in his platform this will most probably doom him both to a short political and possibly actual physical life thereafter. A little trivia for you - JFK was in the process of sanctioning a silver-backed, Treasury-issued dollar, which would have effectively ensured responsible government spending, eliminated Fed-imposed interest on government debt, and put monetary policy control back into the hands of the Treasury which had been usurped and monopolized by the Fed 50 years earlier. Soon thereafter we know what happened.

How is it worth it in economic terms?

 

[zackart]

On Gold, Water, and America

I posted earlier: My comments on Gold were just a thought provoker. My point was that North Amercia is an info society. This has increased employment. We double all known knowledge every two years. Out sourcing manufacturing has only helped a lot of the rest of the world that was not doing much. Gold may not be made easily, or some say is impossible, but they said that about every single thing that has ever been accomplished. My point is that don't overly invest in it. It was $800. an ounce briefly in the 1970"s, over 30 years ago. It's $787. as I write. If you bought then and held, your investment devalued to a worth of 1970's Dollar or so till now. I would like to hear some comments on the Colorado slade oil drilling especially from someone in Colorado? I think from what I have been studying that at $129. a barrel ( a estimate of what it likely will be around in 2 years), the US government could have enough royaly to start paying down the deficit. I don't know how much royalty is commonly taken by the government in the USA on a barrel. Does anyone know? The Colorado extraction is expected to start at around 1.5 millon barrels a day. So how much royaly could be used to stop the deficit? Heard the deficit is growing at 1.47 B a day. It needs to be stopped first then slowly reversed. The oil royaly could not do it alone, but could put a dent in it. Some other ideas would likely be needed. But heh, it's only 1.47 B a day. You Amercians could get that under control if you wanted too, then start paying it down. The USA needs to decrease use of oil currently at 17 M barrels a day. You currently produce 6.5 M and with your Colorado oil you could extract another 4 M a day. This would put the near future at around 10.5 m a day (likely more hybrid cars and fuel cells coming along soon) all homeland produced, and canada is will be producing 2 m a day in a year or so.Canada is currently only extracting on 2% of the land base that holds the oils sands. What I'm saying is that Amercia is likely to be self sufficient on energy and not sending those Billions to the middle east in the near future. Once you do that you free up Billions to stop the deficit and start paying it down. Also, how come in Brazil a litre of gas at the pump is only 20 cents? Does anyone know how they do that? Water, The problem with water is not a North American problem of lack, as we have 5 inland seas which are the largest concentration of fresh water on earth., once lake Erie was largely polluted but now is coming back. The other lakes are still largely pristine. The problem with water in N.A. is that of distributing it or diverting it to the American south west.

 

[archives2001]

Proposed US water shortage solution

There is a very good likelihood that the coming super-mega highway presently under construction thru Texas and owned/financed by the King of Spain, will
not only eventually support many forms of transportation from Canada to Mexico but also be equipped with an oil/gas pipeline and A WATER AQUIFER.

 

[zarni]

How is it worth it in economic terms?

I think I already explained that previously.

 

[andy]

Everything is controlled by the Central Bank Cabal

The central bankers are running the USD into the ground by allowing expansion of the USD currency with the support of our fickle and special interest controlled political establishment. IT was setup when the Federal Reserve (=Foreign bankers) took over the banking system in the USA, see TR8R post. Yes, the 16th amendment for collecting taxes was fraudulently pushed as a legal law onto the American public, by president Wilson and his cohorts. It was never ratified by the necessary states. So income taxes are actually illegal, if the US Supreme court had some backbone they would rule it that way. Well they never ruled that slavery was illegal, so what can you expect from them.

Why is the Federal Reserve allowing this? One world currency and domination of the world banking system!! They will be able to control every country via their control of the World Bank Reserve system in the future. Good-bye Forex trading.

What can the USA do? We would need to wrest control of the Federal Reserve from the "Foreign Banking Cabal." Take away the power of the fractional banking system, and only grow the money supply as needed due to growth of commerce and population without the gold standard. All the gold is controlled by the "Foreign Reserve Cabal." So this would short circuit their control. There is no gold in Fort Knox that the USA owns. The Federal Reserve System is not Federal, it’s a misnomer to confuse the public and uneducated politicians. We only appoint 2 of the 7 members. The others are controlled by outside interests, which are secretly controlled by some foreign banking families who meet at secret meeting places in Switzerland and other unknown places.

This control of the banking system was lost in the USA. Any politician that went against the Foreign Reserve Cabal grain succumbed to political defeat by special interests funding their candidate or smearing these few politicians in the media that is controlled by special interests, or they met untimely death.

How can we as Forex traders take advantage of this? Well the writing is on the wall, short the USD long term until it goes out of existence and the world currency replaces it. It may be our last trade.

 

[MattyUSA]

How to best weather the storm?

Ok there is a lot of information here and I haven't read all of it. Forgive me if I re-ask this.

I am a Britsh ex-pat living in America. I am solvent but no pension, I have savings but not enough for 20% down on a first house.

I will have to purchase a house very soon and then once again be in necessary debt.

Given Rob's predictions and acceptance of a recesion on the way:
What is the best way for me to survive this? How can I lessen the negative effects, keep my house (assuming I keep my job)?

Buy uranium and hide it under the bed? Hoard gasoline? (I kid, chaps).

Seriously, what is the best course of action for those in America, given this 'writing on the wall'?

Best Wishes,
Matt

 

[zarni]

The central bankers are running the USD into the ground by allowing expansion of the USD currency with the support of our fickle and special interest controlled political establishment. IT was setup when the Federal Reserve (=Foreign bankers) took over the banking system in the USA, see TR8R post. Yes, the 16th amendment for collecting taxes was fraudulently pushed as a legal law onto the American public, by president Wilson and his cohorts. It was never ratified by the necessary states. So income taxes are actually illegal, if the US Supreme court had some backbone they would rule it that way. Well they never ruled that slavery was illegal, so what can you expect from them.

Why is the Federal Reserve allowing this? One world currency and domination of the world banking system!! They will be able to control every country via their control of the World Bank Reserve system in the future. Good-bye Forex trading.

What can the USA do? We would need to wrest control of the Federal Reserve from the "Foreign Banking Cabal." Take away the power of the fractional banking system, and only grow the money supply as needed due to growth of commerce and population without the gold standard. All the gold is controlled by the "Foreign Reserve Cabal." So this would short circuit their control. There is no gold in Fort Knox that the USA owns. The Federal Reserve System is not Federal, it’s a misnomer to confuse the public and uneducated politicians. We only appoint 2 of the 7 members. The others are controlled by outside interests, which are secretly controlled by some foreign banking families who meet at secret meeting places in Switzerland and other unknown places.

This control of the banking system was lost in the USA. Any politician that went against the Foreign Reserve Cabal grain succumbed to political defeat by special interests funding their candidate or smearing these few politicians in the media that is controlled by special interests, or they met untimely death.

How can we as Forex traders take advantage of this? Well the writing is on the wall, short the USD long term until it goes out of existence and the world currency replaces it. It may be our last trade.

Actually it was ratified if you look. There are only a few states that have not ratified it. However, the majority have and it is established as federal law.

As far as the loss of forex trading - well boohoo.. I do make money trading forex but frankly speaking I am not proud of this. Forex as any other derivative transaction is an economically unnecessary and parasitic instrument. Forex trading as any other derivative trading is the equivalent of gambling although we do not want to admit it. Derivatives have been invented by bankers to extract money from retail traders and regular people engaged in honest economic activity. For example no farmer benefits from futures and they do not use them. Corporations like ADM manipulate prices and create an added burden through these instruments on farmers in their unending greed.

There is little need for multiple currencies. Although the IMF and World Bank are by no means angels either I fail to see the benefit of regional currencies. Regional fiat currencies promote out of control spending, inflation, engineered and accidental boom and busts etc...

 

[zarni]

Ok ther eis a lot of information here and I haven't read all of it. Forgive me if I reask this.

I am a Britsh ex-pat living in America. I am solvent but no pension, I have savings but not enough for 20% down on a first house.

I will have to purchase a house very soon and then once again be in necessary debt.

Given Rob's predictions and acceptance of a recesion on the way:
What is the best way for me to survive this? How can I lessen the negative effects, keep my house (assuming I keep my job)?

Buy uranium and hide it under the bed? Hoard gasoline? (I kid, chaps).

Seriously, what is the best course of action for those in America, given this 'writing on the wall'?

Best Wishes,
Matt

Matt, nobody can predict what is going to happen in the future, not even the fed chairman. When pundits make predictions they end up either being wrong and they never mention this again or they end up right at least on some of the points and then they pound their chest about how smart they were.
The best you can do is look at whether you expect ot be able to carry the mortgage payments. Realestate is an inflation friendly asset and there is not many other assets that provide the same benefits in terms of tax sheltering and value retention and growth. You can also live in the real estate you buy. Can your stock or dervatives provide you with shelter? Anything else is speculation esp buying stocks on a whim based on a board posting of some self anointed "guru".
If I would give you one advice it would be to not buy suburban property unless you are going for farming . My expectation would be we will see depreciation in house values in suburban locations due to increased transportation costs in the coming years as America readjusts to the new realities of the end of cheap energy. If your job allows you to work remotely you may even look at rural areas where you can purchase self-sustaining property with running water and arable land although this poses other challenges. There are many that think this will be the way forward in a post peak oil economy.