"The essence of Government is power; and power, lodged as it must be in human hands, will ever be liable to abuse." -- James Madison - (1751-1836)

"We are fast approaching the stage of the ultimate inversion: the stage where the government is free to do anything it pleases, while the citizens may act only by permission; which is the stage of the darkest periods of human history, the stage of rule by brute force. " :
Ayn Rand in "The Nature of Government"

"Throughout history there have been tyrants and murderers. And for a while they seem invincible, but always they fall. Always."-Mahatma Gandhi

Science may have found a cure for most evils; but it has found no remedy for the worst of them all -- the apathy of human beings: Helen Keller

The notion that a radical is one who hates his country is naive and usually idiotic. He is , more likely, one who likes his country more than the rest of us, and is thus more disturbed than the rest of us when he sees it debauched. He is not a bad citizen turning to crime ; he is a good citizen driven to despair.--H.L Mencken

"When even one American-who has done nothing wrong-is forced by fear to shut his mind and close his mouth-then all Americans are in peril" Harry S. Truman

"The power of the Executive to cast a man into prison without formulating any charge known to the law, and particularly to deny him the judgment of his peers, is in the highest degree odious and is the foundation of all totalitarian government whether Nazi or Communist."- Winston Churchill, Nov. 21, 1943

"When you see that in order to produce, you need to obtain permission from men who produce nothing - when you see that money is flowing to those who deal, not in goods, but in favors - when you see that men get richer by graft and by pull than by work, and your laws don't protect you against them, but protect them against you - when you see corruption being rewarded and honesty becoming a self-sacrifice - you may know that your society is doomed: Ayn Rand - (1905-1982) Author - Source: Atlas Shrugged, Francisco's "Money Speech"

"Loss of freedom seldom happens overnight. Oppression doesn't stand on the doorstep with toothbrush moustache and swastika armband -- it creeps up insidiously...step by step, and all of a sudden the unfortunate citizen realizes that it is gone." ~ Baron Lane

U.S. Constitution - R.I.P.

Thursday, June 19, 2008

Black Clouds Continue to Gather

Central bank body warns of Great Depression

The Bank for International Settlements (BIS), the organisation that fosters cooperation between central banks, has warned that the credit crisis could lead world economies into a crash on a scale not seen since the 1930s.

In its latest quarterly report, the body points out that the Great Depression of the 1930s was not foreseen and that commentators on the financial turmoil, instigated by the US sub-prime mortgage crisis, may not have grasped the level of exposure that lies at its heart.

RBS Says Switch to Cash to Avoid 'Nasty' Selloff

The Royal Bank of Scotland issued a stark warning to investors Wednesday, stating global stock and credit markets could be on the verge of a steep market sell-off as central banks have their hands tied by soaring inflation, the Telegraph reported. "A very nasty period is soon to be upon us - be prepared," Bob Janjuah, credit strategist at RBS, told the UK daily paper.

Morgan Stanley warns of 'catastrophic event' as ECB fights Federal Reserve

The clash between the European Central Bank and the US Federal Reserve over monetary strategy is causing serious strains in the global financial system and could lead to a replay of Europe's exchange rate crisis in the 1990s, a team of bankers has warned.

Not many reports about these things in the American mainstream media, nor are they reporting much about the growing food crisis. How many Americans will be caught totally off guard when the depression hits? Most I think, and it is going to be a horribly ugly situation. So much information available today, right at our fingertips, and yet so many of the sheeple are oblivious to the real world. How very sad, as intellectual laziness will likely be the downfall of this country. Suicide by willful ignorance.


Anonymous said...

I was back in the Seattle area (where I'm from) working on a project for a little power utility co-op and hooked up with some friends that live there. I've always been seen as a little "out there" by my friends (Before me, they didn't understand how "at will" employees can fire their employers for no reason- they'd give two weeks notice!). Imagine my telling them how important growing your own food was going to become. Follow that up with my insistence on learning seed saving skills and root cellaring. With Monsanto, ADM, and others trying to own the right to plant reproduction (with the help of our own legal system!), we gotta get started. Phil

Melinda L.Secor said...

Monsanto is quite an outfit...the way they send thugs out to terrorize farmers over their genetically modified seed. Their goal, of course, is to dominate world wide food production, which they are well on the way to achieving. Our government has opened the door for them to begin selling and enforcing their patents in Iraq, and they are already active in several other countries. Scary stuff, especially with the tactics they are using here at home. Farmers describe their methods as gestapo or mafia style intimidation. But, of course, they have friends in high places.

We are using heritage seeds here, and we too are studying up on food storage and building root cellars....even before beginning work on permanent homes. I figure that living in a trailer for a bit is better than being unprepared when the grocery store shelves are bare.

You are right...it is time to get started, time is growing short and our politicians certainly won't be doing anything to help us...we are on our own.

The Militarization of Our Police