Thursday, October 29, 2009

Detroit's socialist nightmare is America's future

In yesterday's S&A Digest, Porter Stansberry had a great article describing the decline of Detroit. He goes on to describe how Detroit's history is now the country's future. Detroit use to be the 4th most populous city in America and on par culturally and economically with London, Paris, and New York. It's a short and easy read; I'd encourage you to take a look at it:

Political Anarchy is the solution for Detroit as well as the nation. Bill Bonner described a good starting point in A Depression – With a Capital ‘D’
Want to save Detroit? Here’s how:

Abolish all welfare of all sorts…no unemployment insurance…no child tax credits…no welfare…no foodstamps…no nothing, except privately-sponsored charities. Close the public schools. Kick out all the bureaucrats and all federal and state employees. Abolish all rules concerning employment – no minimum wages, no overtime, discriminate all you want. Require all residents to say please and thank you…dress properly…and sneer at people who don’t seem to be gainfully employed or polite. Declare the city an Open City and Free Trade Zone. In exchange for cutting all federal aid programs, eliminate federal and state taxes for people living in the city. Allow unlimited immigration into the city…giving all immigrants a U.S. passport after 5 years of residency. Levy a flat 10% tax to pay for basic services. Eliminate elections…have the city controlled by a town council composed of 10 citizens chosen at random.

Within five years, Detroit would be the most dynamic city in the nation.

Wednesday, October 21, 2009

Next Meeting - Thursday 10/20/09

Meetings have currently been switched to every other Thursday. So the next meeting is scheduled for:

Thursday October 29, 2009
5:30ish to 8:00 pm

Panera Bread
28551 Schoolcraft Road
Livonia, Michigan

Discussing chapter 12 of America's Great Depression and Jack Spirko's Survival Podcast #293 - Economic Forecast.
icon for podpress Episode-293- Economic Forecast 10-08-09 [51:04m]: Hide Player | Play in Popup | Download

So today we are going to discuss my view of what we can expect from the economy in the next few years and what we can do to prepare for it. I will tell you why I think 2010 is actually going to look pretty decent and on the other side why you shouldn’t take that much comfor in it. Then next week we will take a day to compare my view to the view of many of the experts such as Jim Rodgers and Gerald Celente.

Tune in today to hear…

  • Why I think we are about to see a fake recovery followed by a bigger crash
  • The stimulus doesn’t kick in until 2010, how it will succeed and how it will fail
  • Unemployment is “bottoming” the truth and the lies about that statement
  • This coming bubble and collapse is planned, I will explain why there is no other option then this one
  • Credit cards can’t fix a debt problem and how that relates to our national deficit
  • How the impact of Health Care won’t be seen until late 2011 perhaps longer and the disaster it will create
  • The coming 1.5 Trillion Dollar tax increase from the administration that promised not to do it
  • How high taxes reduce the amount of tax government collects and what it does to the economy
  • Why inflation looks like recovery at the beginning
  • Why you need to own at least some silver and or gold
  • Land is cheap, go make a low ball offer while you can
  • Store food, build your own grocery store at home
  • Spend smart don’t horde money, balance your assets
  • Place priority of spending on assets with long term value
  • Keep some cash, don’t believe the lies about putting all cash into gold right now
  • Debt is evil, always in good times and bad
  • Never be 100% invested in any item or investment type
  • Do not liquidate IRAs and 401ks modify their portfolios but leave the money in the vehicles
  • Above all never “freak out”, make smart and strategic spending and saving decision you do have time to act, don’t panic and react to swiftly to concerns

Wednesday, October 7, 2009

Next Meeting

The next meeting is scheduled for:

Tuesday October 13, 2009
5:30ish to 8:00 pm

Panera Bread
28551 Schoolcraft Road
Livonia, Michigan

Discussing chapter 11 of America's Great Depression and Scott Horton's interview of Rebecca Vilkomerson

Chapter 11: The Hoover New Deal of 1932
Scott Horton Interviews Rebecca Vilkomerson
September 18, 2009

Rebecca Vilkomerson, National Director of Jewish Voice for Peace, discusses the activist campaign to stop Caterpillar from selling bulldozers to Israel, what interested people can do to help promote peace, how the peace party can learn from the organizational and media saturation successes of the war party and the importance of criticizing anti-Semitism as well as those who misuse the charge (see MuzzleWatch).

MP3 here. (23:24)

Rebecca Vilkomerson is the National Director of Jewish Voice for Peace. She has over fifteen years of experience in community organizing, advocacy, program development and fundraising in the United States and Israel. In the U.S., she focused on economic justice issues, especially regarding women. She has been an active member of JVP since 2002, and lived in Israel with her family from 2006-2009.

Most recently, Rebecca worked for a Palestinian Israel public policy center and a Bedouin-Jewish environmental and social justice organization, as well as continuing her work as an activist for a just peace in Palestine and Israel. Her study, Public Policy in Divided Societies: The Case for a Civil Rights Institution was published in July, 2008 by Dirasat, the Arab Center for Law and Policy. She is also currently an editor of Jewish Peace News. Rebecca is a graduate of Connecticut College and has a Master’s Degree in Public Policy from Johns Hopkins University.

Two Shocking Visuals

Information is Beautiful posted a couple of interesting graphics recently.

The Billion Dollar Gram is a shocking visual of govt waste. The picture seems self explanatory, so I won't comment further.

The second graphic that caught my eye was the third of the Four Infographic Morsels. A small version is below. A larger version can be seen by clicking the image, clicking the blog link above and scroll down, or click

Afghanistan, the graveyard of empires, outnumbered 9 to 1 (16 to 1 if include all private security contractors) is kicking the USG's ass. Unfortunately Obama is too stupid to learn from history.