CODE RED: Economy in Collapse -

https://app.e2ma.net/app/view:Campai...b9b450748a05e8
CODE RED: Economy in Collapse -
Drastic Actions Will Be Taken


KINGSTON, NY, 22 January 2009 -- President Barack Obama will use his poll shattering popularity to swiftly enact policies that will prove to be among the most costly and potentially destructive in America's history, predicts Trends Research Institute Director Gerald Celente.

"We are forecasting dramatic measures will soon be taken by the Obama Administration that will worsen the credit crisis and severely damage the nation's economic system," says Celente.

According to The Trends Research Institute Director, the new President who swept into the White House on a tidal wave of unprecedented enthusiasm and the blessings of a strong majority, will have free reign to take whatever actions he deems necessary.




"Whatever Obama wants, Obama gets. Desperate, scared and not knowing what to do to survive the economic storm, people are seeking a messiah to save them, and Obama is their man," said Celente. "When fear rules, reason and logic are ruled out." (According to an AP poll, 71 percent of Americans believe the economy will improve during the first year of the Obama presidency.)

The 332-point stock market decline that greeted Mr. Obama into office (a record breaker for Inauguration Day) and today's 105-point market decline will be followed by a steady stream of worsening economic news and major financial calamities, Gerald Celente forecasts. Just as President Bush exploited 9/11 as a pretext to wage the War on Terror, invade Iraq, abrogate the Constitution and exert broad Executive powers (with bipartisan and majority public support), President Obama will be given even greater latitude to fight a war on economic terror, predicts Celente.


For example, Timothy Geithner, President Obama's nominee for Treasury Secretary, has pledged to expand and prolong government intervention in the financial markets. He said his economic team would take "forceful" and "substantial action" on a "very dramatic scale" to "forge an integrated strategy on how best to achieve currency realignment."

Celente advises to closely read the signals that have been clearly telegraphed by Mr. Geithner. "From proclaiming a bank holiday, confiscating gold to backstop devaluing currencies, mega-bailouts for the too-big-to-fails ... to nationalizing public firms and dollar devaluation ... whichever of these or other actions are taken, the financial burden will fall on the American people," Celente forecasts.



Blame the Little People
In his inauguration speech President Obama warned Americans of tougher times ahead and for the need to make greater sacrifices. In doing so, the President placed equal blame for the global financial crisis on the public's "collective failure to make hard choices," along with the "consequences of greed and irresponsibility on the part of some."

"The President is correct. Many have spent beyond their means, borrowed themselves into debt, took risks playing the markets, and speculated on real estate," said Celente. "But comparing Main Street's financial missteps to the large scale corruption and criminality of the banks, brokers, insurance companies, hedge fund operators, mortgage companies, rating agencies and buyout firms that cooked the books, enriched executives, ripped off clients and rigged the numbers, is further evidence that Obama is a Wall Street man.

Trendpost: Do you know where your money is? Is it safe? Will you be able to get it when you need it? What will you do if trading is temporarily suspended on Wall Street? Will you be able redeem your CD's?



The new Treasury Secretary promises "a very dramatic scale" of action that may in turn require you to take very dramatic counter measures to protect your assets. We forecast with great confidence that whatever actions Washington takes to save the "too big to fails," they will prove very costly for the "too small to saves" who will be forced to foot the bills and eat the losses.

© MMIX The Trends Research Institute ®

[pyrangello]

For the first week out of the gate with the new administration , whoooaababy! Hang on , saddle up and lets get ready for a rugid ride.

Here's some stats from last week , 12,000 homes per day are being foreclosed on in the U.S. per 24 hours and 17,000 jobs being eliminated every 24 hours. Back when the Clinton administration was in office , they changed the policy on how to calculate national unemployment, they changed the formula. If the old formula were to be used with todays stats the national unemployemnt rate would be at 16.9% at present.

Here in northern michigan unemployment unoffically is close or above 20% . There are so many michigan citizens that are trying to collect unemployment that they cannot get thru the phone system to get enrolled in theunemployment system . The state just hires another 100 people just to process the claims.

Everyone needs to pull together as things get tougher and help each other out when you can . The smoke and mirrors will clear at one point , it's up to all of us to hold it together when it happens , to maintain positive results for our future.

Originally Posted by pyrangello

For the first week out of the gate with the new administration , whoooaababy! Hang on , saddle up and lets get ready for a rugid ride.

Here's some stats from last week , 12,000 homes per day are being foreclosed on in the U.S. per 24 hours and 17,000 jobs being eliminated every 24 hours. Back when the Clinton administration was in office , they changed the policy on how to calculate national unemployment, they changed the formula. If the old formula were to be used with todays stats the national unemployemnt rate would be at 16.9% at present.

Here in northern michigan unemployment unoffically is close or above 20% . There are so many michigan citizens that are trying to collect unemployment that they cannot get thru the phone system to get enrolled in theunemployment system . The state just hires another 100 people just to process the claims.

Everyone needs to pull together as things get tougher and help each other out when you can . The smoke and mirrors will clear at one point , it's up to all of us to hold it together when it happens , to maintain positive results for our future.

How long before they start handing out IOU's to those folks? Don't laugh.

Here at the house we have been in great depression mode for some time
now.

Use it up
wear it out
make it do
or do without.

No one will pass unscathed by what is coming. I work in one of the most secure positions in the country,
yet I glance nervously over my shoulder
at what happened to workers in the old Soviet Union. They'll allow you to
work, but you might not get paid. We have cut expenses in ways that would
leave you with the impression that we are a brick shy of a load. When I got up
this morning the temperature inside the house was 48 degrees F. I flipped
on the kerosene space heater which will bring the temp up to a balmy 52.
We have been comfortable this winter at that temperature because of the
clothing we are wearing.

For some of you it might come down to heat or food. Knowing
how to live in winter without heat in the house might make the difference
between losing that home or even starving. Please look in the library for
Jim Phillips interview with Ken Kutac and his experiences snow camping for days
at a time in Creede Colorado (elevation 8700 feet) where the outside temperature
is -35 to -40 below zero and 20 degrees F inside his unheated
cabin. This audio interview was recorded above Wolf Creek Pass at night in
the middle of January from an igloo while on a snow camping trip - without
a camp fire.

As Gerald Celente says, extreme circumstance requires extreme measures.
NOW is the time to learn what you need to know.

For those of you who do not have access to the library
Google Jim Phillips foam clothing to get you started making your own or
Northern Outfitters for the instant gratification option.

[Dantheman62]

Are you in the medical field in some way Baggy?, just wondering. That's the direction I was thinking of going.

[Carmen]

Great advice Baggywrinkle. In the past few years, I have discovered the joys of op-shopping(secondhand clothes and goods) My granddaughters treat for Christmas was to take them op_shopping. They loved it. Shoes for two dollars! Using a dehydrator has also meant that nothing gets wasted. Its unbelievable the amount of good food that some people throw out!

I am drying all my own herb teas this season. The packaged varieties are quite expensive. Stinging nettle, comfrey, and other so called weeds, can be dried and used either as additives to soups, and also used medicinally. Another name for comfrey, is knitbone, and can be used to aid in the healing of broken limbs.

Cheers

Carmen

[Swanny]

Just been looking at dehydrators and found this http://www.backpackinglight.co.uk/product187.asp

I drain a tin of tuna in brine then add that to the dryer. It turns virtually to dust in 4-6 hours.

Sounds delicious

Cooked pasta can also be dried, and this usually takes 6-8 hours.

[Dantheman62]

Ah you make me laugh Swanny, but that's the way I would go if I was to 'bug-out', pack as much of that dehydrated stuff as I could.

[Carmen]

Yup Swanny, then you can put your tuna in a little container ( thats another reason drying is cool, doesn't take up much room) and put it away. when everything is chaos, and the shops have run out of food, you take some of your rice, (which you have put away also) make a rissoto on your wood stove, camp fire, add your dried tuna, and have a lovely tasty meal.

Cheers

Carmen

[Swanny]

Maybe you could do a line of tuna

[pyrangello]

Thats pretty funny about the tuna line ! Wood heat for an alternate, even a candle will generate enough heat to stay warm to a degree. I would just recommend looking at old the old timer stuff for ideas and apply it to todays standards.

My best guess is that once the " Change " catch phrase has worn out it's due and we get a real good heat wave this summer, this will be the real test as to who we really are and how far our understandings go as a people.

I think it would be fair to say the amount of greed of Certain CEO"s , Bankers, So called Fund managers, Companies such as Enron who stole other energy companies personal retirements by buying their companies outright. I know my employee here , his dad lost his retirement, his life savings $250,000 to enron when they bought his company. To hear of the exectutives of AIG after they get there parachute money take an $82,000.00 hunting trip in england, and that was only for 4 people. And we taxpayers in this country paid for it. How ironic is it for me to be talking about staying warm with a candle to taking a hunting trip with other peoples money for $82,000.00.
Does any of this sound completely insane!!!!

Let me take a deep breath, The disconnect between the good people of this earth (most of us) and the greedy, self centered, shallow I have no life except power and money beings of this earth that just consume oxygen here for the most part is spreading farther and farther apart.

It sounds to me we need to create a great big gigantic fishing pole with dollar bills on it , and someone with some type of influence of the positive kind needs to reel in reality like never before . Until then just as the one gal on this site said , worry about yourself, prepare for yourself and everyone else will follow the light and that is you.

I'm going snowmobiling tonight go clear my head a bit more with fresh air and then stop and have a few pops. All better now I have vented.

[energymyfoot]

I don't quiet understand this why can't we ALL work without money?

Why do we have to work for money?

Why can't we all keep doing what we are doing and forget the side of money...


We have to overcome this money loving slavery..

damed...

[Anchor]

I'm one of those people who currently think that Obama is a lightworker and is not working for the NWO agenda.

Since we know that whatever is done, the economy of the US has gone beyond the tipping point and is essentially dead, then what is the interpretation of making moves that will "obviously" kill the economy?

My take is that it is effectively stepping on the accelerator.

You might not want to hear it, but the current economic system has to be rendered completely dead and "exposed" for all to see how it was based on deceit and lies, before the new can arise.

A..

Originally Posted by Anchor

I'm one of those people who currently think that Obama is a lightworker and is not working for the NWO agenda.

Since we know that whatever is done, the economy of the US has gone beyond the tipping point and is essentially dead, then what is the interpretation of making moves that will "obviously" kill the economy?

My take is that it is effectively stepping on the accelerator.

You might not want to hear it, but the current economic system has to be rendered completely dead and "exposed" for all to see how it was based on deceit and lies, before the new can arise.

A..

Funny you should say that. I just listened to Lindsey Williams on that very topic.

The question becomes, will we accept the solution offered by the PTB according the the hegelian dialectic
or will we strike off on our own.

Something new will no doubt arise. Will it be yours or theirs?

[Anchor]

Ours.

It cant be any other way.

By the time we have a "new" system there wont be any "thiers" left

[Noela]

Quote from Anchor - "I'm one of those people
who currently think that Obama is a lightworker
and is not working for the N.W.O. agenda"

That makes you and I on the same wavelength Anchor.
Have been glad to read your posts.

You may be interested to read Christopher's Story's
latest article on www.worldreports.org. It seems
Christopher Story is not too well thought of on
the Forum, but I have researched his background
and can't feel he is too far off the mark. His current
article really lifted my spirits in regard to how he
sees Obama - and he does have a lot of contacts close
to the man, and to American politics.

Good reading! And thaks again for your positive take.

[Delphi]

Our PM Gordon Brown has used the words New World Order again today re rebuilding the global economy.

Anyone else hear alarm bells?

love to all

[Myra]

Originally Posted by Swanny

Maybe you could do a line of tuna

LOL.

[burgundia]

I have a $1 bill on my computer desk. it is in a special kind of plexiglass stand. it was printed in 1928 that's why I keep it. today I brushed against it twice involuntarily and it..collapsed, twice. Should I put it under the thread "What does it mean?"