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RED ALERT! 500,000 NEW UNEMPLOYMENT CLAIMS WEEK ENDING AUGUST 13

August 20th, 2010 by Yank Elliott | 1 Comment | Filed in Miscellaneous, People, Politics, business

The US Labor Department announced this morning there were 500,000 new unemployment claims last week. Does this look like a summer of economic recovery? When our “leaders” in Washington say these are just little ripples that show the economy is actually “getting better,” are they not simply lying to the American public? All of you who are facing the disaster of long-term unemployment, which is likely to become permanent, know there is no recovery. Our government is extremely anti-business; everything they are doing from healthcare, to cap and trade, to added regulation for just about every kind of business, and the possibility of raising taxes after the November elections, not just for the wealthy (who run many of the small businesses our economy depends upon), but for all consumers. Who blames consumers for not buying anything. How can a government that claims to love new jobs, while at the same time, hate the people who are in a position to provide those jobs? This is an oxymoron generated by idiots.

500,000 new unemployment claims, on top of almost the same amount for the last who knows how many weeks! Horrible, horrible, horrible.

An article from Reuters on January 8, 2010, was titled, “Snap Analysis: US job losses raises fears of economic stall.” That was an understatement which is now coming to pass in the form of a prolonged depression. For the unemployed, things are worse than ever. According to a CNNMoney article on June 16, 2010, if you are unemployed you need not apply to many employers. They seem to be taking the attitude if you are unemployed you did something to deserve it. They will only talk to applicants who already have a job. Rotten, isn’t it? Here is a place where no one is turned away. They welcome all, employed or unemployed.

It was stated by the authors of  “Americans are overpaid” that a reason for American prosperity is an overabundance of capital available to businesses and individuals. What are they talking about? Since late 2007 the US credit markets have completely dried up. Sure, the Donald Trumps, and Warren Buffets are able to get all the financing they require, either because lenders view them as being no risk so far as repayment of credit is concerned, or they have their own capital to invest. That helps no small or home based business owner. Most cannot get enough credit to buy a car, much less finance their businesses.

Small business is the acknowledged backbone of the US economy?but, they are starving for financing. Banks had to ask for bailouts by the government, so the ones still solvent are hoarding funds in order to repay the government and get out from under the stiff controls that came with the bail money. Many smaller banks go under every week, and the other not-so-large ones are reluctant to get back into lending. Business can no longer depend on the US Treasury to provide more money for them through the banks or any stimulus because America is flat broke and owes trillions of dollars to the Chinese and other countries. Our government is helpless to stop the economic catastrophe we are in, and these writers say American workers are overpaid? With real  unemployment approaching 25%, there are no American workers being paid anything at all.

The answer to no credit and no job is more income, something self-employed entrepreneurs are in a unique position to provide. For yourself, begin now to implement those measures you have been putting off, in search of a more convenient time, that will add to your income and build your business for a successful future.  The time to begin using your new ideas is now; whatever business schemes you are planning to use will take time to show results?may take years, so start right now. Time is of the essence.

If your business uses any kind of affiliate or associate program, you are in a unique position to help your new prospects solve their credit problems, or their unemployment, with more income. With your own established business you will be able to convince a lot of prospects of the necessity to begin now to prepare for a better future. Having additional income, they will not need to ask for so much credit, and they will be able to come up with larger down payments on the things they need. What’s better, they will no longer be unemployed. They must be shown the time is now, and very critical, to begin their business so it will have time to succeed when they need it most. Nothing happens quickly in the business world.

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HARD FACT ABOUT ECONOMIC RECOVERY

August 10th, 2010 by Yank Elliott | 5 Comments | Filed in Miscellaneous, People, Politics, business

The hard fact is, recovery is a fairy tale. Obama and his Chicago mob are simply lying to the American people when they grab at anything they can remotely spin to look like things are getting better. It’s true the stock market seems to be booming, so somebody can still afford to buy, and productivity is up, and manufacturing seems to be making a little movement, but where are the jobs?

The Bureau of Labor Statistics, which really should be the Bureau of Labor BS, says there are 14.6 million US workers unemployed at the end of July, 2010, and the unemployment rate is still 9.5 percent. Among these are 6.6 million people the BLS says have been unemployed for 27 weeks and more?this means almost half the total number of BLS unemployed have been jobless for over half a year. Some of these have had no job for much longer.

The terrible thing about this situation is nothing the  government has done has helped the economy at all, as far as creating jobs is concerned. True, some government jobs, like teachers, firemen, and policemen have been temporarily saved, but local and state tax revenues are on the decline because no one is working and aren’t able to pay the tax to sustain these jobs. I don’t think even the arrogant Chicago mob in charge in Washington will be saying the Feds can shore up these jobs indefinitely. Which means in a few months many local and state jobs will eventually be lost, perhaps forever.

Our economy depends on consumers buying things to drive it, and they just aren’t doing much  buying. They have no jobs, and no job prospects, their homes have lost at least half their value, so consumers are in no mood to buy. Thomson/Reuters reports US consumer sentiment is at its lowest level in nine months. Things are so bad in the retail sector a majority of sellers are continuing deep discounting that started in June and is carrying on into July. So goes the fairy tale of recovery. Add to this the thought in the back of every homeowner’s mind that housing prices could fall as much as 40 percent more before there is any recovery. This idea was discussed earlier this year by Daily Finance. Then, add 479,000 initial jobless claims filed in the week ended July 31, up 19,000 from a upwardly revised 460,000 the previous week, the Labor Department said. The weekly figure is the highest since the week ended April 10, when 480,000 initial claims were filed. New weekly claims seem to be overwhelming.

That’s not all. Shadow Government Statistics says the real unemployment rate for July is 21.7%. This is because BLS does not consider those who have been unemployed so long they have simply given up. This group says, if you include people who are making nothing like before they lost their jobs, including those working only part of the time, you will come up with the astounding fact that at least 29.7% of the US work force is suffering some kind of under income condition?that’s almost one third of our entire working population. Do you think the current economic depression is over, or that it’s getting better?

You need to face the fact your job could be the next to be cut. Even though productivity is up, how do you think this is possible? Because companies have found  ways to produce more with fewer people, and they are continuing to do this. The ultimate outcome will be replacement of almost all workers with people willing to work  their health away doing more and more things, or they will be totally replaced by robots or other automation. This includes lower level professionals in all areas, accountants, lawyers, and even doctors and nurses. Software programs are right now replacing many of these functions. Despite what the government says about the future, many of these opportunities will gradually be replaced  with software everyone can easily access using just a home computer.

What can you do? The news media have started to advocate something they despised for years: the home based business. It is not possible for everyone to be successful in this kind of business, just as it is not possible for everyone to succeed at anything. In times like these, if you are unemployed, with no prospects for getting a job, don’t you think you should use some of your creativity and make your own way of work? Some of you are drawing unemployment insurance, which has been extended several times. If this has made you complacent, you need to snap out of it. Do you think the government is going to support you forever?

There are many opportunities, on and off the Internet. To me, Internet businesses offer possibilities to everyone. Most require little money to start, but you need to have some knowledge of how to operate such a business. Gaining this knowledge can be time consuming and expensive. I have been personally involved with Gery Carson, the founder of Strong Future International (SFI) since about 1992, when I was a member of his Watkins team. In 1999 he started SFI and I became an affiliate right after the start. You might think, because I got in at the beginning, I have become quite wealthy. This did not happen because I did not actively work the business and do the things Gery suggested. Only in the last few years have I realized the many opportunities SFI has and I am actively involved with my business.

What finally got me started? I studied the pay plan and realized  I can receive commissions from the sales of everyone in the entire SFI organization; there are several hundred thousand SFI affiliates worldwide, so this is a lot of people helping me make money. They are joining every day at the rate of 700 to 900 a day, and sometimes more. Why is SFI special?

Here are  some reasons why SFI offers many opportunities to home based entrepreneurs:

No cost to join; you will eventually want to spend a little money as you build your business.

SFI provides a number of free Gateway Websites you can use to promote moneymaking programs.

SFI offers volumes of free training; the beautiful thing is, Gery Carson has condensed all this information into a simple plan to Sponsor new affiliates and Refer new customers to Triple Clicks, a program somewhat similar to eBay.

There is a program that pays you for those you Sponsor and Refer.

The EyeEarn program offers a way to make money by showing an EyeEarn banner on your vehicle.

TripleClicks (TC) is the main program for making money. You are paid commissions for everything you sell from TC, as well as commissions on all purchases of prospects you refer.

VeryVip is a hosting program you can buy for about $40 a month from TC. You can get up to three separate  Websites to use to sell hosting worldwide, as well as promoting your SFI business globally.

There is a wide variety of Veriuni liquid health products which are over 90% effective, compared with about 10% effectiveness for normal pills and capsules.

E-Commerce Associates (ECA). This program is as near an automatic moneymaking machine as I have ever seen. If you sign up only a few merchants into this program, you will begin to make money from everything they sell on their free Websites.

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AMERICAN WORKERS HAVE UNFAIR EDUCATIONAL ADVANTAGE?

August 1st, 2010 by Yank Elliott | No Comments | Filed in Miscellaneous, People, Politics, business

The biographical sketches of the authors of  “Americans are overpaid”  indicates they are very well educated, and their careers say they should know all there is about economic subjects. With all their knowledge and experience, you would think whatever they say is absolute truth. Of course, there is no such thing as absolute truth, not even in Quantum Mechanics?Heisenberg’s Uncertainty Theory took care of that. So, let’s examine one idea in “Americans are overpaid.”

 An early statement in the article is, “U.S. workers are overpaid, relative to equally productive foreigners doing the same work. If the global economy is ever to get back into balance, that gap needs to be closed.” The authors go on to say American workers take advantage of higher productivity which makes America rich. High productivity, they say, is the result of better education, a developed infrastructure, available capital, and a more highly developed work ethic. Is all this bad? Let’s look at education.

 In addition to political issues, which I will not discuss, our government, from the President on down, constantly preaches about the shortcomings of our educational system, and daily presents policies to improve it. They say we will soon be taking a back seat to the rest of the world, and they present volumes of statistics to “prove” it. If the system is as bad as our leaders say, there will be no need to cut wages; it will be done for us through the economics of global trade.

 Every controversial theory presents opportunities for entrepreneurs, and this one is no different. Small businesses are job creators. The SBA’s Office of Advocacy funded data and research showing small businesses represent 99.7 percent of all firms, they create more than half of the private non-farm gross domestic product, and they create 60 to 80 percent of the net new jobs. We obviously need every small business we can get, including home based businesses, the kind anyone can and should have, at least part time. This educational idea presents openings for home based entrepreneurs. Even if the educational system is not broken, which it is, there have always been opportunities to help people with problems learning difficult subjects, such as math. Many years ago I tutored several people in Algebra for pay, never realizing I was operating a home based business. The same opportunities exist today if you know a particular subject well. You may have noticed there are a number of franchises that provide educational services. If you have an educational skill there is really no reason to buy a franchise. Just advertise what you do and go from there. Many opportunities exist in foreign languages, math and science, computer technology, music (I took piano lessons in a teacher’s home for 11 years), and anything else a person wants to learn. To protect yourself from government actions that could affect your pay, as well as other restrictions that may be placed on whatever you do, please consider the possibility of starting your own home based business. This can be done on a part time basis, allowing you to try several different schemes, all while continuing the career you are in. A win-win situation. Here http://www.agt-free.com is a great home based business opportunity for you to explore.

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BEWARE THE PAY CZAR

July 8th, 2010 by Yank Elliott | No Comments | Filed in Politics, business

 

Most of us have spent years learning how to do the work we do, and some of us have even gotten to the point of having our own business. We have assumed the risks associated with being an employee, such as being completely under the control of a boss or owner, or, as business owners we know how to handle the unknown. That’s all part of daily life. But, after years of this, we sometimes become complacent and tend to ignore things going on around us. Often, dangerous situations occur out of nowhere, posing calamity for our livelihood, but exposing opportunities, as well.

One such catastrophe in the making is being promoted in the recent article, “Americans are overpaid” which stated the view American workers at all levels are overpaid at least by 20%! You may say nobody will pay attention to this, but only a year ago it was considered impossible to control what people make. So here comes the Pay Czar, with caps on the exorbitant salaries paid to a few financial executives. I agree, these people don’t deserve pay like that because they aren’t doing their jobs. But wait, some in Congress and other government agencies want to extend this pay cap policy to all other businesses that somehow come under government supervision. Recently, the President, himself, indicated he thinks there should be a cap on what people make. If these ideas take hold, every entrepreneur could be affected. Nearly all businesses of all sizes could be subject to controls under this thinking, because most need some kind of permit to do business. They all, every single one, are subject to regulations of the IRS. These are the reasons for this article, and why you should pay attention and begin any measures you think of to protect your financial future.

Many of you readers already have your own businesses, and have some control over your own destiny. However, when government policies run wild, as they seem to be doing right now, it’s not beyond imagination to assume some future cap on what even the self-employed are allowed to make. No matter how ridiculous such an action may seem, be aware of what is already happening and prepare yourself for a possibly frightening future. Starting and nurturing a new business requires some amount of time to get going, possibly even several years. Use this precious time to protect against whatever government controls may be imposed.  If you are thinking of starting a business, go ahead and do what you think is best for you. For those already self-employed, use this time to build your operation as much as you can so you can have room to do whatever may be necessary to survive unknown government actions. If nothing like this happens, you are still way ahead of everyone else because of your defensive activities.

The Pay Czar had nothing to do with what has actually happened; the economy has taken care of it. We live in a new economic age where American jobs, and jobs worldwide, have simply disappeared, never to return. Wages in the US have not been slashed by 20%, they have gone to zero for about a fifth of our work force. Could be a reason to see about taking charge of your own financial future, don’t you think?

 

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PRAYER/MEDITATION TO STOP OBAMA

June 13th, 2010 by Yank Elliott | No Comments | Filed in Miracles, Alternative Thinking, Politics, Religious, Spiritual

Skull & Swords

America is being destroyed by President Obama and his group of Chicago cronies, aided and abetted by leftwing radicals on both sides of the political isle in Congress. Most Americans did not intend for this to happen when they voted this Socialist/Communist mob into office, they just hated George Bush so much they didn’t care who replaced him. Now, the problem is, how do we stop the destruction?

Here is how a small group of concerned people can change the course of our country with a little persistent effort. I know this will work because most of this procedure has worked for me in several life threatening situations. In this article, I will show you a simple way to stop the present destruction of America which anyone can easily use. There is much more to learn about these ideas; if anyone wishes additional information, or an answer to a question, please e-mail me at newideas@alternate-choice.com

The plan I propose, and ask your participation, uses parts of several different ideas used in the past 60 or 70 years. I will show you some proofs of how these methods can work. I know you won’t just take my word that anything is workable, and that’s OK. I’m skeptical of all new and different things, as well. When I first started using these things, I had no idea what would happen-I just knew I needed help, so I began to try some strange ideas. When they began to work, I tried more; that’s how I found out how these things work, and how I came to absolutely believe in them.

 This plan includes elements of Quantum Mechanics, personal assets like your subconscious mind, all kinds of prayer, meditation, and personal consciousness. The ideas I used in the beginning had no proof to support them. Only some years later did I begin to find where they had proven themselves in several incidents of International significance. The first proof I found related to the power of concentrated prayer used by the Bible College of Wales, founded by Rees Howells in Swansea, Wales. Howells and his group were deeply committed to intercessory prayer for their evangelistic efforts. I’m not involved in evangelism, or in any organized religious effort. I do believe in God, and in the power of any way to communicate with God, the Universe, such as prayer, meditation, Voodoo chants, your sub-conscious or whatever one wishes to use; the principle is the same.

 The Bible College used Intercessory Prayer in a number of International situations with excellent success. One principle they stressed was many people directing prayer at a situation while gathered together in one place at the same time. What they did during the Dunkirk catastrophe in World War II is detailed here.

 As soon as it became clear Allied forces were going to be pushed to the sea, and possibly 500,000 of them might be annihilated, Rees Howells assembled the Bible College group for five hours every night praying for the deliverance of the Allied Forces. In the early days of June, 1940, almost all the trapped troops were evacuated to England using all kinds of small boats. Some quotes by England’s military leaders were:

 Lieutenant General H.R. Pownall, Chief of Staff for the BEF Commander in Chief, wrote in his diary, “The evacuation from Dunkirk was surely a miracle.”

 Admiral Sir William James of the Royal Navy said, “Thank God for that miracle at Dunkirk!”

 Winston Churchill, in his address to Parliament, called it, “A miracle of deliverance!”

 Then, almost at the end of this article there is some information about how the Bible College participated in helping to end the Battle of Britain in England’s favor. The German air force had superior numbers and had bombed London and surrounding shipping facilities relentlessly, day and night, for many days. Suddenly, for no apparent reason, the Germans broke off a powerful air attack and returned to Germany to come back no more. Air Chief Marshal Lord Dowding, Commander-in-chief of Fighter Command during the Battle of Britain said, “At the end of the battle one had the sort of feeling that there had been some special Divine intervention to alter some sequence of events which would of otherwise occurred.”

Further  proof of the power of focused prayer comes from the results reported for the efforts of Maharishi Mahesh Yogi who initially advocated use of focused prayer to effect changes in peaceful conditions in specific localities. Its proof was shown in several studies during the Israeli-Lebanese War in the early 1980’s, and other studies.

Putting the Maharishi Effect in perspective, to raise the consciousness level on any particular subject in the US requires only about 1,700 people (the square root of one percent of the population). Obviously, this is something that can easily be accomplished. The only problem with using any of these focused prayer/meditation ideas is getting together in one place. My past experience indicates a similar effect can be achieved by taking action at about the same time every day during the prayer period.

Having said all of this so you will believe it is possible, here are the very simple things I hope you will agree to do, beginning as soon as you read this:

1. Pray/meditate for about two minutes four times a day, if you can. This would be morning, noon, evening, and night (bedtime).

2. Precede your pryer/meditation by saying to yourself, “God, the Universe, please do whatever is necessary to stop Obama, and those around him in our Washington Government, from destroying America, our way of life, and our freedom.”

3. Pray/meditate at least four times, “Obama, Obama, Obama, Obama.” God will know what you want because you have already stated your desire.

4. That’s all there is to it; just do this at the approximate times we mentioned every day until the destruction stops, or, at least until the election of November 2, 2010.

5. Ask other people to read this article and join with us. 1,700 people from all over the US is not a lot of people, so it is very possible.

This is powerful! I say TRY IT; what is there to lose?

  

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Part of the destruction of America is the discouraging of small business by strangling government regulation, unknown tax increases, and no available credit. This still leaves open the very smallest American businesses, like Mom and Pop and the home based entrepreneur. Generally, these are not subject to the oppressive pressure being placed on the larger small business operations. With real unemployment near 20%, see how you can help yourself

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What Recovery?

June 9th, 2010 by Yank Elliott | No Comments | Filed in People, business

Exotic GalaxyThe President, and all his Chicago Mob, are saying the recession is over and we’re in recovery. We all want this to happen quickly, but what Washington is saying is just wrong. There is no recovery as far as most American working people are concerned. What recovery? Every week new unemployment claims are almost half a million; last week the government said they were about 459,000! They have been at this weekly rate, or higher,  during all of 2010, and there seems no end in sight. What recovery?

This translates to a national unemployment rate of 9.7%, according to the US Department of Labor for the month of May, 2010. Unfortunately, this is only half the actual rate. The labor department has another, little publicized, unemployment figure, which they say is the actual rate after considering part-timers wanting to work more, and people who have just given up trying to find work. The latest rate of unemployment among this larger group is 16.6%; This still does not include millions of workers who have taken very low-paying jobs just to have a little income. There are still more people who are taking short periods of contract work with no benefits, or the many unemployed who have returned to school with the hope of improving their chances for a regular job. Adding these people will push the rate toward 20%, maybe higher. Does this look like recovery?

The current economy is eerily similar to that surrounding the 1929 Stock Market Crash and ensuing Great Depression. The Great Depression started with the stock market crash of 1929 and ended with the US entry into World War II, in 1941, more than a decade of suffering for many. 1933 was  the year of highest unemployment in the Great Depression, 24.9%. The rate only declined to 17.2% in 1939, shortly before the war. Our real unemployment rate today is close to 20%.

In The Great Depression, the poor economy affected people who still had jobs and had not lost everything. It made them begin to pay down their debt as fast as they could, but this caused prices to fall because people were not able, or were afraid, to buy goods and services. It also caused the value of individual assets to decline, the result of which was, the effort to reduce debt caused people to actually owe more than before debt reduction efforts. Have you heard anything like this recently? Many economists say Americans have initiated the greatest saving rate in history which is exacerbating the economic decline. There are admonishments everywhere to reduce debt and destroy credit cards. Isn’t this exactly what happened in the Great Depression? A significant indicator that the Administration believes we are in a similar situation is the President’s announcement, months ahead of schedule, of the reappointment of Ben Bernanke as chairman of the Federal Reserve Bank. Why is this important? Mr. Bernanke is a respected student of the Great Depression and has renewed the view that massive saving and debt-reduction have worsened our present economy.

The many similarities of the present economy compared with the Great Depression indicate any  recovery could take a long time. Where is the new war to stimulate our economy—we already have two in progress for over seven years which are rapidly draining resources? There’s no white knight in sight and we must realize that whatever the future may bring,  it will be quite different. There may or may not be jobs available—those that are there could require a different kind of training, and they may pay nothing close to previous jobs. That’s the reason for this article, to expect difficult times for many years to come, and what steps you may wish to take. We’ll explore some things people are doing, and later, the possibility of a home based business in the mix.

Let’s look at how people are managing being unemployed. Being without a job is a frightening and stressful  condition for everyone, even those still employed. They constantly think about what will happen if they, too, lose their jobs. One person, unemployed for nine months, has used up all savings, and all his job queries have said he is overqualified, underqualified, or the company has put a hold on hiring. At this point he is willing to accept anything and move anywhere. Another person, out of work for six months, has used up her savings, gone to another state, and moved in with her sister’s family. She was originally a freelancer who moved up (she thought) to a better corporate job. Her plan, now , is to return to freelancing. Another person, unemployed in New York for 14 months, is treating his job search like a 24-hour full time job. He networks everywhere, including social networks on the Internet. He’s now planning to take one or two part-time jobs just to exist. Our final look is at a person unemployed for 16 months, almost a year and a half. He turned down a part time grocery job because it paid much less than his unemployment check. He’s not lazy, that’s just a good financial decision. He is now seeking freelance opportunities, something he has done in the past, until his clients all quit because of the economy. These are just small samples of what is confronting the 20% or more unemployed in the US. Our government has no clue about how to remedy this situation.

They have no idea how to create more than 100,000 jobs each month just to keep up with our population growth. Many more will be needed to put the more than six million unemployed back to work. The President and Congress are only interested in gaining Socialist–style control over our lives, and taxing and spending. None of this encourages businesses to expand, or new businesses to begin startups. Expect the recession (or depression) to last many more years. Economists, even those who say we are in a mild recovery, don’t expect a return to unemployment rates anywhere near 5% for at least six years; personally, I expect we’ll never return to anywhere near this rate. Jobs are gone, never to return. Even if the government curtails its tax and spend policies, many of these jobs are gone forever.

People who have jobs will stay in them, though 24% of them say they plan to move on as soon as they get an offer. An example is a flight attendant who has returned to college and received a graduate degree in anticipation of changing jobs as soon as he receives an offer. What are all these unemployed and disgruntled employees going to do. They must have some way to take care of themselves and their families. Unfortunately, nothing they can do will bring back all the salary, perks, and benefits their old jobs offered. There will never be another job like most of them once had. What are they going to do? Well, many will have to learn how to be self-employed, or become freelance contractors. Stay tuned to this blog and you will be introduced to a number of ways, some unconventional, to make money outside traditional big company employment.

The current economic situation is perilous, and nobody has any idea what will happen. Consider a home based business as part of your overall financial strategy, just like investments, savings, or real estate.

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The Goldman Sachs Crisis

May 7th, 2010 by Yank Elliott | No Comments | Filed in Politics, Positive Attitude
Chicago School
Chicago School

The Chicago School crowd that engineered Milton Friedman’s policy of using crises to accomplish political objectives is in total control of the Obama Administration. Nearly everyone in the White House and other bureaucracies controlled by the President is influenced by the Chicago School. This includes many in the wildly corrupt Daley machine that pushed Obama into office. The Chicago School in Washington is using the same crisis tactics on Americans they have used on countless countries around the world for many years, according to The Shock Doctrine, a well-researched book detailing the origin and uses of crisis for political gain. The author says Milton Friedman, chief economist at the Chicago School, developed the idea that major economic change can only take place alongside some drastic occurrence when it is easier to get the public to accept policies they would never agree to in the absence of severe trauma. Because of the necessity of acting quickly, Friedman suggested within six to nine months, there need to be alternative plans already in place so they can be implemented immediately. He further suggests a prime activity of economic planners is to develop and keep alive ideas to use when politically unthinkable actions become reasonable behind a disaster. The actions must be quick and irreversible, so that once in place, they can’t be changed, before the populace gets over the shock they have received and begins to revert to their old ways.

 Is this not happening right now in Washington? Since President Obama took office, the major crises I can think of resulted in bailouts of gigantic corporations in the finance and automotive industries. Supposedly, much of the money given to these companies has been repaid; I am not certain this is true, but even if it is the money is not being used to retire the national debt. It has simply created a huge slush fund for the Administration to use as it pleases with little oversight or transparency. I think these bailouts, though distasteful, probably were necessary to bolster the failing economy. However, the Chicago School then used the specter of health care catastrophe, aided by several health insurance companies announcing outrageous rate increases, to cram European style Socialized Health Care down our throats. Over the next weeks I will show how they have plans backed up to further take over and control our lives in the way of a Communist nation like the former Soviet Union.

 The next crisis to come along was engineered as a way to take over the finance industry centered on Wall Street. Voters hate Wall Street, so this will be an easier sell than most Obama takeover  ideas. The crisis conjured to cram down this takeover is the belated SEC civil fraud suit against Goldman Sachs. I don’t intend to defend Goldman; it appears they may have done nothing illegal, but if they were betting against their own products, as alleged, they should have told their investors in fairness. What is important here is the timing of the SEC suit, at the same time the Obama crowd is selling the idea that Wall Street is a deeply rotten crowd, trying to screw the little guys out of their hard-earned wealth. So here comes the good old Obama government  to protect everyone with legislation that will severely regulate the financial industry and complete their planned government takeover. There is no coincidence to the timing of the SEC action. The New York Post and others have also remarked the SEC action was not a coincidence?it was perfectly timed to accomplish a takeover of Wall Street, the ultimate result of which could be a government-run economy in the Communist tradition.

 Before going further, some of you will say I have copied Rush Limbaugh with this idea. I have not; I began thinking this way when the Goldman story broke. Further, I never listen to Rush and agree with few of his ideas; I only found out about what he said while researching Google for this blog. What I’m saying here is solely my own opinion; I’m flattered I’m not the only person who believes as I do.

 The Goldman crisis does not end with the SEC; now the Justice Department is threatening a criminal indictment of the company. If you follow these things you will note the ultimate demise of very large companies after criminal convictions. The trail of company demise includes E F Hutton in 1985, Drexel Burnham Lambert in 1988, and Arthur Anderson LLP in 2002. It is inconceivable to me that the Democrats will allow one of their largest cash cows, Goldman Sachs, to be convicted and, perhaps, go out of business. In fact, the state-run media, through The Washington Post and others, are already saying how difficult a criminal prosecution might be citing the Bear Stearns case the government lost; this is laying the ground work for what is going to happen in the next few months.

 The Chicago School in the Administration has already planned how to use Goldman Sachs to accomplish another objective in addition to taking over the financial industry. The Democrats are facing the possibility of massive Congressional losses in November, so they have a plan to bolster their position. They know voters despise Wall Street, so they plan to keep the idea of bad-to-the-core financial firms in front of everyone, right up until the election. At predetermined intervals the Justice Department will issue press releases about a possible criminal indictment of Goldman, right up to election day. Then the criminal indictment will simply go away, lost in after election turmoil. The Democrats hope their appearing to protect all the little guys will keep them from losing some Congressional seats.

 There you have it. Goldman Sachs, probably a willing participant in the scheme, is being used to cram financial takeover down our throats, while, at the same time, it is being used to win political advantage in the upcoming November election. It’s the Chicago School way.

 My goal in writing about the use of crisis is to get a few readers interested enough to demand a stop to these cram down tactics. Take note of what is happening and act upon it. You won’t get another chance. Once a cram becomes law it becomes almost impossible to undo it, so start calling your Senators and Representatives right now about everything. This is the positive way to counter a very negative situation.

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It is All Right to be Mad

April 12th, 2010 by Yank Elliott | No Comments | Filed in Politics

Untitled

This opinion expresses the way I feel about the current state of affairs in the United States. In my view things are very bad and may be getting worse. For the first time in 75 years, I am afraid of what the Washington government might do to physically harm me and my family. There is no longer anyone I trust up there; according to recent polls, most Americans feel as I do. Col. Smart describes the situation accurately, and, yes, I’m mad as Hell! So should you be.

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 The current attempt of the President and congressional leadership to portray critics of the recently passed “Healthcare reform bill” as racists, hate mongers and radical kooks prompted me to write the opinion piece below.

 It is All Right to be Mad

Whether you think the new so called “health care reform” bill is a good thing or if you are like me and think the new legislation is bad for America, either way you should be mad and it is all right to mad.

Set aside for the moment the bill itself, the process that got it passed, and the fact that no matter whether the bill is good or bad, we can’t afford it, let ‘s look at what President Obama and the Democratic leadership in the congress with the help of the main stream media are trying to do to quell criticism of the legislation.

One thing you have to hand to the current administration and congressional leadership is that they understand that a large segment of the American population is gullible and prone to political correctness.  They have launched a full scale campaign to label anyone who criticizes the legislation as a hate monger, racist, or a vicious right wing radical knowing full well that the politically correct crowd would rather die than to be labeled as any of these.  They know what they are saying is not true, but the truth has not been a characteristic of these people or this administration.  They think they can scare the image obsessed moderates and minorities who might question or criticize the legislation into withdrawing into their day to day lives and forget about what they have done.  This is the last thing you should do.  How many of these people have already forgotten 9/11?

On top of this, the President is on the trail making fun of critics because in less than 7 days after passage the negative aspects have not already kicked in.  It is immature and disingenuous because he knows that except for some of the taxes many of the main provisions of the bill don’t become effective until after the next Presidential election.  It is also an insult to any American with an average degree of intelligence.

The Democrats in congress are making a big deal out of supposed threats and poor conduct on the part of a hand full of critics as if this is the first time they have ever experienced such behavior.  The behavior of “Tea Party” people has been exceptionally good compared to the behavior of Democratic activists during the Bush Administration.  The “Obamacare” critics don’t even come close to the behavior of the “Bush Haters”.  For the most part they are ordinary American citizens who are simply fed up with the government jamming policies they don’t like down our throats.

As an American, if this behavior doesn’t make you mad, then you are brain dead.  If you are mad, you have every right to be mad and you shouldn’t let the political leadership in Washington make you feel guilty about being mad.  It is a normal human instinct to be mad when you are being lied to and abused and made fun of by your government.

If you are not mad about the post passage behavior of the president and the Democratic leadership then you should be angry about the process that led to passage of the bill. Anyone with even a moderate knowledge of history knows that politics has always been a dirty game and that there have always been backroom deals made in the process that usually never see the light of day.  In the case of the “healthcare reform bill” I have never seen so much arrogance and total disregard for the will of the American people as that displayed by the Democrats and the Obama Administration.  They had absolutely no shame in their claims and no limit to how low they would stoop to get this legislation passed.  The President himself stated publically that he didn’t care about the process as long as the bill passed.  In other words “The end justifies the means”.  Where have you heard that before?

They were not even honorable with their own party members.  They bought the votes of some members by loading the bill with goodies for specific States or groups, but after the vote was taken to move the bill along their devious route, they then turned around and stripped many of those benefits from the bill.  So the poor fools who were willing to sell their vote in the first place were stabbed in the back by their own party.

I will bet that even the people who would be considered well informed in the political process didn’t know that all the dirty sneaky procedures that were used to pass this bill existed.  I certainly didn’t.  I had never heard of deeming a bill passed.  It was almost as if they were making up the rules as they went along and at times were doing things that could land the ordinary citizen in jail.

This legislation was supposed to be about healthcare.  But what it is really about is control.  Just in the last week a Democratic congressman even publically said so.  He said that this bill will help us control the people.

It is all right to be mad.  You should be mad, their process and conduct were revolting.

If all this doesn’t make you mad then what about the cost of this monstrosity?  Anyone who really believes that this bill is going to reduce healthcare costs or reduce the Government deficit is an idiot.  The cost of Medicare is over nine times what congress estimated when it was passed.  Similar cost overruns are normal in just about all government programs.  In the early days of computers there was a phrase used to evaluate computer output.  That is “garbage in, garbage out”.  If the data you input is garbage then the results you get from the computer is going to be garbage.  This pretty much describes the congressional budget office (CBO) process.  When the sponsors of a bill send a bunch of idiotic conditions which everyone knows will never happen to the CBO then whatever evaluation the CBO comes up with means absolutely nothing.  To anyone with common sense the CBO process is a farce.

If you consider that in 2009, 43 cents of every dollar the federal government spent was borrowed, then it is insane for the government to launch any new spending program and particularly one with so much potential for runaway costs in the future.  The congress and administration don’t seem to understand that our country is very close to, if not already, bankrupt.  What is it that they don’t understand about “we don’t have any money?”

It is all right to be mad.  Their total disregard for fiscal responsibility should make you furious.

I will not even attempt to address the bill itself.  There are more than enough issues surrounding this legislation to make any intelligent person almost blow their stack.  You should be mad, it is all right to be mad, and don’t let these people scare and label you as a racist, bigot, or radical kook.

It is all right to be mad.     

Eric E. Smart, Atlanta, GA

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The Shock Doctrine: Book Review

March 27th, 2010 by Yank Elliott | No Comments | Filed in Book Review, Politics

About this book review:

 

Poor-Puppy

I am totally dedicated to the survival and prosperity of the capitalist system. Politically, I’m Independent.I like nothing any political group is doing. Right now, they are all idiots. I particularly dislike the attitude of the author of this book, but it is well researched and describes exactly what is going on now in America. You should pay attention so you aren’t blindsided by government tactics; it’s all evil right now.

 This book is important because it describes exactly what is happening right now, this very minute, in the US. The Chicago School makes up the vast majority of people in the Obama administration. They not only have all the undesirable traits discussed in this book, they have the added distinction of bringing along Chicago gangster tactics and all the corruption that exists in and around Chicago.

 We, the People, are the only ones who can change this. You people under thirty, who largely brought in the evil regime, need to read this review, and perhaps, the book. It should open your eyes to the disaster unfolding now in the US; you have the power to stop this nonsense. Besides, have you considered how you will pay for it long after we older folks are gone?

 Pay attention!

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BOOK REVIEW:

 The Shock Doctrine: The Rise of Disaster Capitalism

by Naomi Klein

 Reviewed by Yank Elliott, MBA

 In college I took many economics courses, including a number that dealt strictly with International Economics. All the theories in those courses sort of soared over my head without meaning anything to me. That is why, when everything in this book occurred on my watch, I had no idea what was happening. All I could do was react in the best way available just to keep my company afloat—all the other executives were as unknowing as I and we just sat around wringing our hands as sales and profits continued their decline until finally reaching the bottom and rebounding. We had no idea what was happening or why.

 The Shock Doctrine was like a bomb when it revealed things about all those economic conditions I just accepted as things that happened and would eventually pass. This book must have had a similar impact on many people because it remains No. 337 among Amazon’s best sellers. The ideas presented are significant to us all because they show how  opportunities surrounding every catastrophe may be used to benefit those who identify and act upon them. Much has been in the media about the politics of never letting a crisis go by without using it to achieve some difficult goal. A crisis or catastrophe always disrupts normal operations causing needs to go unfilled or redirected to new and unknown sources. These disruptions are being used by politicians now in control right here in the US.

 The book is controversial because the author, Naomi Klein, is an activist who does not love capitalism or the concept of a Global Economy. Of course, like many others, she is a Bush era basher and has very few compliments for the various schools of economic thought extant in the 20th Century, with particular wrath directed at the Chicago School. You can interpret her thoughts any way you wish, but she gives an in depth description of all the major economic trends that occurred since the Great Depression. The facts are a great source of information you should try to know for understanding the economic world—how you digest her interpretation of the facts is between you and Naomi. As Fox News says, “We report, you decide.”

  Naomi Klein is a Canadian journalist, author, and activist who has written for many publications including the Toronto Globe and Mail, This Magazine (Canada), The Nation, and many others. Her thinking has been influenced by grandparents who once were active Communists in Russia, and most of all by an event in 1989 known as the Montreal Massacre. This disaster was perpetrated by a young man blaming feminist women for ruining his life. He used legally obtained weapons to shoot 28 people, killing 14, before killing himself. All these factors have shaped Ms. Klein’s present disillusionment with big corporations and corporate globalization. She backs her articles with much research, but she is often criticized from every political angle as using opinion journalism. When you read the book, draw your own conclusions about this.

  There are several significant economists mentioned in the book who may not be familiar to all readers. A few of the more important ones are described here.

 John Maynard Keynes was a British economist who is credited with the famous quotation,  “In the long run, we’re all dead.” This was an answer to criticism of his advocating immediate government intervention to lessen the bad effects of recessions, depressions, and booms. This body of ideas became known as Keynesian Economics, most of which finally became accepted by Western nations near the end of the 1929 Great Depression. These policies remained primary during the 1950’s and 1960’s.

 Among his many accomplishments was accurate prediction that the World War I Armistice terms were too severe and would cause serious harm to the German economy in its attempts to rebuild. This happened with hyperinflation beginning in 1923 and eventually was a leading cause of the rise of Hitler. Keynes also acquired enough Spanish  pesetas at one time to defeat a British Government move and make the peseta much cheaper and more available to the world market. Time Magazine, in its article, “The Time 100, 2000,” said, “Keynes probably saved capitalism from itself and surely kept latter-day Marxists at bay.”

 The American economist, Milton Friedman, took the opposite theory of Keynes advocating much less government intervention. Friedman received the Nobel Memorial Prize in Economic Sciences and became the leader of an economic system of thinking known as the Chicago School of Economics, a part of the University of Chicago. Ms. Klein repeatedly attacks this group throughout her book. Friedman originally supported the Keynes theory, but later came out with his own monetarism policy advocating little government control and lower taxes. He said there is a natural unemployment level that can’t be changed and people would resist any government efforts to do this because they would be able to see what any such policies were trying to do and change their actions in such a way as to defeat the government. His laissez-faire ideas were embraced by many world leaders including Ronald Reagan, Margaret Thatcher, and Augusto Pinochet.

 Paul Volker served as Chairman of the Federal Reserve under Presidents Carter and Reagan and he is now chairman of President Obama’s Economic Recovery Advisory Board. In the early Reagan years Mr. Volker was faced with the serious problem of recession along with very high inflation, called stagflation. He successfully brought this under control after raising the interest  rate to 21.5%. I remember this well, though I knew nothing of the underlying causes, because my job was to borrow $1 million at a rate well over 20%; hard to stomach when your products never have a margin greater than 5%. There were many protests about these policies including the tractor march of farmers on Washington, DC.

 The author accuses these people, and many others whose names you will recognize, of planning and carrying out raids on various governments using the wake of catastrophic events. She says certain groups use disasters as marvelous market opportunities which they exploit. Her term for this is “disaster capitalism,” a term appearing in the book title. Ms. Klein accuses Milton Friedman of developing the idea that major economic change can only take place alongside some traumatic occurrence when it is easier to get the public to accept policies they would never agree to in the absence of severe trauma. Because of the necessity of acting quickly, Friedman suggested within six to nine months, there need to be alternative plans already in place so they can be implemented immediately. He further suggests a prime activity of economic planners is to develop and keep alive ideas to use when politically unthinkable actions become reasonable behind a disaster. The actions must be quick and irreversible, so that once in place, they can’t be changed, before the populace gets over the shock they have received and begins to revert to their old ways.

 Keynes did not receive too much of a bashing in the book. The author seems to credit his policies with a relatively peaceful economic era from the late 1930’s into the 1960’s. This attitude toward Keynes may stem from his statements that the depression did not signal the end of capitalism but it was the end of laissez-faire, the end of letting the markets regulate themselves. John Kenneth Galbraith, the US heir to Keynesian thinking, said, during these economically quiet years, that the main mission of politicians and economists was to avoid depression and prevent unemployment.

 Then, the author says, Friedman’s Chicago Boys, from The Chicago School of Economic Thought, began an economic cultural revolution extending to every corner of the world. It included these situations after some form of catastrophe:

  • Chile after Pinochet’s violent coup
  • China following Tiananmen Square
  • Russia after Yeltsin sent tanks and set fire to the parliament building
  • The Falklands War helped Margaret Thatcher begin privatization of companies in the UK.
  • A NATO attack on Belgrade privatization of Yugoslavia.
  • Other Latin American struggling economies
  • Some nations in Africa
  • The so-called Asian Tigers, once wildly prosperous, like South Korea
  • Iraq
  • The US after 9/11
  • US Homeland Security now

 A specific example of the shock doctrine discussed in the book is the overthrow of the Indonesian government of President Sukarno in 1966. Ms. Klein says the coup which put General Suharto in as President was engineered, in part, by economists from the University of Indonesia in Jakarta. These economists were trained by the Chicago Boys and worked very closely with the military before the coup. They worked with the army and General Suharto, who knew little about economics. They developed contingency plans in case the Sukarno government were to fall unexpectedly, as well as a “cookbook” detailing exactly what economic steps should be taken. This group actually taught General Suharto about economics and he retained many of them as advisors in his new government.

 All of the severe economic changes in the book followed a similar path. The initial shock of a coup was immediately followed by two other shock forms. One was the severe economic change to be crammed down the throats of the populace as outlined in the Friedman plan to use a disaster as a change mechanism. The last shock was some form of torture to insure nobody would ever question what was happening. These ideas were first purveyed by Machiavelli in 1513 when he said, “For injuries ought to be done all at one time, so that, being tasted less, they offend less.” This is exactly what Milton Friedman advised General Pinochet, in Chile, to do. In a letter he said if the shock approach were adopted, it should be announced publicly in great detail so the people make their reactions and adjust to the changes. The result of the Chicago actions did not necessarily result in jolting the economy into health, but rather, boosting all the wealth to the top and removing much of the middle class from existence. Ms. Klein relates this shock strategy to the plight of author Ernest Hemingway who said, “Well, what is the sense of ruining my head and erasing my memory. It was a brilliant cure but we lost the patient.” He was referring to electric shock treatment he received and the remarks were made in 1961 shortly before he committed suicide.

 The author mentions several examples of trying to influence the US economy. One was in 1971 when Richard Nixon was president. There was an economic downturn, high unemployment, and increasing prices on many necessities. Nixon knew if these conditions continued the angry and unhappy voters would never reelect him. He placed caps on major items like rent and oil in hopes of causing economic conditions to improve. Milton Friedman was incensed. Of all possible government interventions (distortions, he called them) price controls were the absolute worst. He likened them to a cancer that can destroy the economic system’s ability to function.

 In 1982, in the Reagan years, Dr. Friedman wrote an influential paper summarizing his shock doctrine. In part, he said,  “Only a real crisis, actual or perceived, produces real change. When that crisis occurs, all actions that are taken depend on the ideas that are lying around. That, I believe, is our basic function: to develop alternatives to existing policies, to keep them alive and available until the politically impossible becomes politically inevitable.” This was a time when there was high unemployment accompanied by great inflation. Chicago School economics became the thing in Washington and the policies became known as Reaganomics.

 This is when Paul Volker, Chairman of the Federal Reserve, began his own new kind of shock by using enormous increases in the prime interest rate to defeat inflation and the economy finally revived, though not before my company and many others went down the tubes. It was a time when the high interest rates made it impossible for many people with mortgages to make their payments and bankruptcies multiplied.

 Ms. Klein says Dr. Friedman and President Reagan forced emerging countries around the world into the Democratic tradition by going from one crisis to another. She says they were constantly exploring new opportunities and treating each situation as they saw fit. Russia is a case in point. During the Russian crisis years after the split-up of the Soviet Union all the US government people involved with Russian policy did their jobs well. They did absolutely nothing hoping for a capitalist government to emerge. It did, but it was the age of oligarchs where a few wealthy individuals were able to buy all the state’s assets like the big oil and gas companies and all the other natural resource companies.

 The Chicago School crusade always creates an underclass of between 25 and 60 percent of the population. It is always a certain class of war with an associated number of mass evictions and discarded cultures. Many years ago John Maynard Keynes said there are always political consequences for this kind of punishing peace, including bloodier wars.

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Healthcare Letter

March 4th, 2010 by Yank Elliott | 1 Comment | Filed in Politics

This is a letter to Senator Saxby Chambliss by a close friend who has many views similar to a least half of all Americans. If you have these same feelings, communicate them to your representatives NOW.

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P1010522

 

Dear Senator Chambliss,

 My opinion is that this meeting is probably a great big mistake. 

 One, we are supposed to have a separation of powers in our government.  It is not the job of the President to preside over a meeting of the U. S. Congress.

 Second, those who disagree with the President’s position can only do so mildly without being accused of being disrespectful to the President.  For your information, Mr. Obama is not the king nor is he God, but the Republicans can only lose if they call him out when he lies through his teeth as he often does.

 Third, surely you don’t think he really gives a hoot what the Republicans think or want to do.  His primary objective is to make you look bad and if healthcare doesn’t pass he will blame the Republicans while he couldn’t even get full support for the healthcare bills from his own party.  The only bipartisan issue he is looking for is bipartisan blame when the public comes down on you guys for allowing this monstrosity to get passed.  Do you not yet understand that the people want no part of the Democrat proposals?

 Fourth, I am really mad at the Republican Party because you became Democrat light when you were in power.  I don’t expect the Democrats to do very many things that I like; but, I did expect the Republicans to govern in a fairly conservative manner.  You didn’t do that.  I currently don’t think the proper approach is to form a third party.  The best solution in my opinion would be for the Republican Party to wake up and get back to its small government roots.  But if you guys go to this meeting and let Obama make you look like a bunch of fools, then it could well be the end of the Republican Party and many conservative citizens like me will write you off as a bunch of losers and start looking for a viable alternative to the Democratic/Republican parties.

 Fifth, you Republicans need to have a good talk with the new Senator from Mass. and explain the facts of life to him.  In the first real action since he took office he is siding with the Democrats on their new so called jobs bill.  First we don’t have the money, second it will not create any permanent jobs, the tax credits for small businesses that hire people is a typical government solution that is ready made for abuse by businesses that were already going to hire new employees, and it is going to be just another slush fund for the Democrats to buy votes using our tax dollars.  Didn’t you guys learn anything from the first “stimulus” bill and TARP bill.  Why do you think so little of the “stimulus” money has been spent in 2009?  It was not an election year! Duh! 

 The Obama administration is taking the TARP payback from the banks and using it as a slush fund to hand out money to their friends in a form that will never be paid back.  Get off your duffs and put a stop to this madness. 

 The American people, and I am not talking about some kind of kook fringe, but solid patriotic citizens, are completely fed up with the way you people are running things in Washington and the arrogance you portray to us.  But you guys don’t seem to be getting the message.  “Don’t tread on me” is a fair warning that you should take seriously because we have had enough of the horse manure.

 Eric E. Smart, LTC(Ret) U. S. Army

Atlanta, GA

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