Naomi Wolf, Herald of The New Age!

You will have noticed the Video Sidebar, that scrolls through some of Ms. Wolf's videos. This is not an aside my friends, it is nothing less than Prophetic!!!! I have tried, repeatedly to contact her, for elaboration on these speeches, to confirm them on this site, but she must be insanely busy, and I have no time to pursue this further, so I hope that this post will cause the Google thing to direct her attention to this meager Blog! Watch the videos! Listen to what this woman has to say! If you do not heed what she has to say, then you are doomed to suffer what her statements portend! It has already begun! The Brown Shirts? Obama's Civil Military proposal. The alarmist concerns, designed to bring about acceptance of Governmental control?In place with the BAILOUT! I will continue to attempt to contact her, for her own address of this issue here, on this site, but, in the mean time, please watch her videos, and listen to what she has to say! It is so very relevant to what we now face! Magnus

In Light There is Hope

Dear Friends, These are indeed dark times. There will be much more to be endured in the coming months, and dare I say, years. I would simply say: He who keeps his head, when all about him are losing theirs, does not have an adequate grasp of the situation! Certainly, keep your head! But that is not to say that we should not act! You may ask, just what one individual can do? Unify my friends! You will have neighbors who will suffer in the times to come. Know them, and share their load. You may have in excess, what they do not. And they may provide for you in kind.
There will be more unemployed, higher prices, and shortages, due to cost, or supply. Crime will also be an issue. Much more so at the lower levels than what our High Officials, and Corporations have already foisted upon us! The Robber-Barons will weather this handily, for their coffers, and pantries are fat with plunder! The only way for the Citizen is through Unity! Your neighbors, your friends, your community. Know them! Keep in touch with them! Look out for them, and this will garner their trust, and reciprocal caring for you! I think you will find, that, on a personal level, there is much more good in Mankind, than has been displayed by those tasked with our well-being! They have failed us so miserably! All I ask, is that you be a Light in the Darkness, and as that light spreads throughout your community, the Darkness will recede, and we will survive this travesty wrought upon us! I have already talked to my local Grocer, who normally throws out food that is perfectly good, but the date has expired. They will now donate all of it to the local homeless shelter, which will immediately cook it thoroughly, and feed the needy with this valuable commodity! Take a step to help someone! We may just find that the whole is truly greater than the sum of it's parts! Be Well My Friends! Seer Magnus Prime

We Live In Interesting Times

By now, you have all heard that the bailout, excuse me, "rescue" package has been passed by the House and signed by the President. We've heard all the reasons for passage of the bill, the main one being that "we've got to do something."

But do we have to do something? Historically, the market has always found a way to balance out and those that are long term investors simply see this as a little blip on the horizon. It is the investment houses, banks and short term investors that are feeling the crunch the most, though.

There is an old adage in investing that you do not throw good money after bad, but that is exactly what our government has done. The government has promised to buy up all these bad CDI's that have been horse traded from hell to breakfast. I wish I could get the government to help me on a couple of bad loans.

What is going to happen in the long run? Will this package really help us out of the economic chaos that is undermining our country? I seriously doubt it and to put it in plain terms, it is akin to bandaging an infected cut without doing anything to take care of the underlying infection.

America has lost 159,000 non-farm jobs in the last month moving us to around 850,000 for the year. People, there is still one quarter remaining to be accounted for. We are still in the midst of a huge housing bubble that has many large builders staring bankruptcy right in the bloody eyeballs. Credit is still tight as banks are afraid to loan as no one wants further bad debt on their balance sheet.

So what is this bailout, excuse me, "rescue" package going to do for our moribund economy? The main thing it will do is removing these mortgage based securities, also known as, CDI's off the balance sheets of the banks and other financial institutions that are carrying them. This is supposed to enhance liquidity. Unfortunately, it does nothing to address the underlying shortage of capital that is used by banks for their fractional reserve system of lending.

Now stay with me here, folks. This system of fractional reserve lending means that the banks must only have a fraction of what they actually loan out in reserve. So, the bank that loans you $10,000 need only have $1,000 in reserve. Where does that other $9,000 come from? How about thin air. Then we are charged interest on that thin air. Pretty good racket, especially if you can force the government to cover your bad debts.

So with all that as backdrop for this Economic 9/11, is this bailout, excuse me, "rescue" package going to save our bacon? I'll answer that question with another question. Do you believe that the giving away of $700,000,000,000 to cover some bad debts and ethically questionable decisions, with no oversight, no regulation and no punishment for wrongdoing, immediately turns financial dunderheads into geniuses? Me neither.

Besides, the ARM mortgage meltdown is estimated at more in the neighborhood of 2 - 3 trillion dollars. We're only at the beginning of this mess that has been predicted for a few years now. Do you recall Bush just saying the economy is sound? Remember this when Congress attempts another bailout.

To Bail Or Not To Bail

That is the question. However, nowhere in the discussion have I heard much discussed about the questionable ethics of the practices that lead to this financial meltdown, nor any increased oversight that would prevent a recurrence. In fact, many top economists are now saying that this bailout, now called a "rescue," could make matters worse.

In my opinion, the original bill, as I have seen, simply gives our money away with no accountability or oversight on the whim of one man. I do not think that anyone should have that weight put upon their shoulders.

What is particularly disturbing is that the logic in Washington DC seems to be that by giving these financial numbskulls money to bail them out of these poor decisions they have made will suddenly make them geniuses and they will make intelligent decisions. I doubt that throwing good money after bad decisions will make things any better.

This is another example of top down economics where the economy is stimulated at the highest levels and money then trickles down to the rest of us. We've all seen how well that works. That is what has gotten us into this mess.

I think we need to try something new, something different. Now bear with me on this. Our economy is predicated on one basic tenet, the ability of the consuming masses, to consume. Without that consumption, products sit on the shelf or in inventory as a liability for the company holding them until they are sold.

So what we need to do is to stimulate the economy at the grassroots level and let the market separate the wheat from the chaff at the higher levels. Companies that make intelligent, ethical decisions will prosper and those that do not, will not and should not for that matter.

If Washington insists on bailing out, excuse me, rescuing Wall Street, then let's encourage them to take the time and create a bill that will have some toothful oversight and penalties for those that continually abuse the concept of ethics in the marketplace. Any package that is traded on the marketplace needs content oversight.

Just as a little aside, this reminds me of the rush to enact the Patriot Act after 9/11. Is this the Financial 9/11? Only time will tell.

Phoenix

Books: "2013 The End of Days or a New Beginning?"

I have just finished this sobering, but, in the end, hopeful book by Marie D. Jones. Once again she approaches a complicated, and controversial subject, with a truckload of research, and a cadre' of knowledgeable individuals, and I must say, accomplishes the desired result admirably!

On this roller coaster ride through earthquakes, famine, volcanoes, rogue comets, and so much more, Marie provides ample commentary by such visionaries as Jim Marrs, Edgar Mitchell, Joshua Warren, and Nick Redfern, just to name a few! With a foreword by Whitley Strieber, to start on a hopeful note, the book, like the carnival ride ends with a calming note. A sense that, no matter what 2012 may bring, we do have the power to effect change, which could make all the difference! And in so doing, find ourselves changed, in ways we have yet to imagine! A wealth of information, and an excellent read! Five Stars! Magnus

Synchronicity or Superstition?

Remarkable occurences. Inexplicable twists of fate. The unforeseen desire to take a different road, only to find out that your regular route was host to a horrible multiple car crash, after the fact! Were you somehow subconsciously warned, or directed? Was there some sort of Divine Guidance? You look toward your phone, which almost immediately rings! You not only seemed to expect it, but have some glimmer of an idea who it is! How do these seemingly synchronous events happen? This is a subject fraught with realities which seemingly deny calculable probabilities. I will, in this post, address documented cases, in which this phenomenon has truly mysterious implications! As my friend Rareheart says, "Down The Rabbit Hole"! Magnus