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Thursday, August 16, 2007

The Greatest Merger Reorganization In History









As the old bible story in daniel says THE HAND WRITING IS ON THE WALL!
for the US Economy. We are all waiting for the court date when the judge will
slam the gavel to open bankrupt proceedings for the UNITED STATES of AMERICA.
After long thought about the the predicament our country is in financially I
could not help but think is our country leaders that stupid to mismanage
a 10 trillion dollar+ cash flow into bankruptcy, but wait our president went
to an ivy league college and is surrounded by mba and phd in economics types
so i had to scratch out sheer stupidity. No there had to be a method to the madness
a reason our leaders would allow our great country to file CHAPTER 11.


Most in America are not aware of how many wall street investment banker types are
either in our government or they have the power to greatly influence our government.



With that in mind if you look at America as corporate entity instead of as a country
then its very understandable why someone would intentional bankrupt such a large
concern, corporate raiders and robber barons have used this tactic since the early
1900s to amass large fortunes.
If are leaders are dead set on bankrupting the country and there not stupid then there is only one explanation left,someone will profit from the bankruptcy proceedings and the controller of the asset has to have some sort of exit plan
or out via the bankruptcy in which again they make a profit.
The out the exit plan for the american elite is the proposal of the GREATEST MERGER
yet the merging of three countries the US,Canada and Mexico.
this great event is getting little media attention but like the robber barons of old
the elite hate publicity.


Lets take a look at how this particular form of financial engineering works.
1. you acquire a cash generating heavy asset entity.
2. you systematically syhpon cash flow and strip assets
3. you sell more and more stock diluting original shareholders
4.when the gig is up and the entity no longer can pay its obligations you file chapter.11.
5.you reorganize the entity satisfying lein holders 1st and then issuing all types
of paper securities to original shareholders that's worth only pennys on the dollar.



Now with that slight overview of how the game is played lets look at how are present leaders are using this strategy.



1. you take office (control of entity)
2. you start wars (to syhpon cash flow and strip assets)
3. you create and issue trillions of dollars and sell trillions more in the form
debt obligations (dilute original shareholders)
4.When the gig is up you state for security and financial reasons the country needs
to merge with its neighbors to the north and south (chapter 11 filing)
5. you create a new currency THE AMERO to replace the three countries existing
currencies ( new paper issued to replace old paper HIGHLY DEVALUED)

OH yes the greatest merger that wall street has ever pulled of is in the making
What has me concerned is the value of all that paper they will create and issue
to consummate the merger bankruptcy reorganization.
MY BEST GUESS VERY LITTLE.

Saturday, March 24, 2007

Why The Coming Housing Collapse Will Effect You Personally




April 2006 as I set at my desk at a large national banks mortgage dept
I could not help telling my co workers that many housing markets in the us
our BUBBLE MKTS we discussed this as my large commercial bank
employer notified our dept that our jobs had been outsourced to the Philippines
and Costa Rica.

I personal found it real hard to believe that a 900 sq ft 2bd 1 bath home
was worth 900k or that a 500 sq ft 2bd 1 bath apt converted twnhome condo
is worth $350k to 600K the prices I am quoting are for los angeles real estate
in the the valley in apr of 06, My last few yrs at this particular bank gave me the
opportunity to see the nations mortgage market real up close and personal.
And What I saw was utterly "SHOCKING" 1 I supervised the servicing of consumer

helocs are whats considered home equity loans as well as 1st mortg.

And two things stood out they were a lot of floating rate loans tied to the prime rate.
And the majority of the funds customer were taking out were used for consumer type
shopping or to pay monthly bills.
After 911 the fed cut rates to the bone to keep the economy going so the rates offered from

2002 thru 2004 were extremely low compared to the prime avg rate, the kicker is that all the

helocs we serviced and there were at least a million
had a ceiling rate of 18% the primes record high.

Today those helocs are a ticking time bomb nation wide with other institutions as well. The fed

is under tremendous pressure to raise rates,with the Chinese alone sitting on nearly 1

TRILLION US DOLLARS$
from financing record deficits its only a matter of time before
they began demanded higher rates on money invested or threaten to dump dollars
for higher yielding currencies either way it spells bad news for the us economy
as stated prior the prime rate can be adjusted to 18% imagine the debt load
and strain that will have on the avg American family watching there monthly payment
going from lest say $1500.00 a month to $2500.00 or more the ones that will be hurt the most

will be those in BUBBLE MKTS like los angeles were the consumer will see
higher debt payments but lower house value i predict you will see many houses
upside down in the los angeles area before its all over thats were the loan or
loans you have taken on your property is higher than what your house is worth
so there will be no refi quick fix.


But whats most troubling is that as an educated guess i am going to say the American
economy is at least 45% real estate related so when the bubble burst its going to take a large chunk of the economy with it.


I would going further in bubble markets cause and effect but that would take a entire post on the subject.



WHY YOU SHOULD BUY GOLD AND SILVER NOW!

I also predict that not only the Chinese but other nations will play out the scenario
described above squeeze for higher rates and eventually dump dollars for higher yielding and more inflationary stable currencies the dollar has loss 98% of its value
since conception whole countries are going to get out before it losses its last
2 PERCENT.

Wednesday, January 03, 2007

IS AMERICA BANKRUPT?
You decide:
The official govt numbers released for the year ending 2006deficit was right at $248 billion dollars but if you look closer at the 2006 financial report of the U.S Govt The actual deficit is $4.6 TRILLION DOLLARS.The difference between the $248 billion "official" budget deficit numbers and the $4.6 trillion budget deficit reported in the 2006 Financial Report of the United States Government is that the official budget deficit is calculated on a cash basis, where all tax receipts, including Social Security tax receipts, are used to pay government liabilities as they occur.
The calculations in the 2006 Financial Report of the United States Government are calculated on a GAAP basis ("Generally Accepted Accounting Practices") that includes year-for-year changes in the net present value of unfunded liabilities in social insurance programs such as Social Security and Medicare.
Under cash accounting, the government makes no provision for future Social Security and Medicare benefits in the year in which those benefits accrue.
There is no Social Security 'lock-box.' There are no funds held in reserve today for Social Security and Medicare obligations that are earned each year. It's only a matter of time until the public realizes that the government is truly bankrupt and no taxes are being held in reserve to pay in the future the Social Security and Medicare benefits taxpayers are earning today."
Basic math dictates to me that if a household,company or entity at the end of the yr owes out over 10X the amount brought in is definetly near insolvency but it gets worseShadow Government Statistics,
Econometrician John Williams, who publishes the website Shadow Government Statistics, asserts that the $4.6 trillion figure “is fully validated in the Financial Report of the United States, a little-known report Congress has mandated that the Treasury Department publishes each year, reporting the federal budget on a gaap [generally accepted accounting principles] accounting basis, not on a cash accrual basis.”
America’s liabilities are so large that according to Williams, “Even if the federal government raised individual and corporate income taxes to 100 percent, simply confiscating every penny every business and person in the U.S. made, we would still have a federal deficit.”
Calculations from the 2006 Financial Report of the United States Government also show that the GAAP negative net worth of the federal government has increased to $53.1 trillion, while the total federal obligations under GAAP accounting now total $54.6 trillion.
In a letter included in the 2006 Financial Report of the United States Government, David M. Walker, the comptroller general of the United States, commented on the $53 trillion federal government GAAP accounted negative net worth by noting, "This translates to a current burden of about $170,000 per American or approximately $440,000 per American household."
WOW!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!Funny thing is that none of main stream media feels this is a story worth covering that our govt at the end of 2006 is 4.6 TRILLION short for the fiscal yr and $53 TRILLION+upside down in the net worth category.
Now that its verified our economy is sitting on a very large debt bomb my suggestion to you is buy as much silver and gold as possible.Gold is still very cheap if you take into account inflation gold is trading at a little over $600.00 an ounce and silver at $13 and change.Golds all time high $860.00: silver $50.000Click button at the bottom of page to find out how with as little as $300.00 you can profit from THE COMING DOLLAR COLLASPE.

Tuesday, January 10, 2006

The coming dollar collapse

The Outstanding Public Debt as of 11 Jan 2006 at 04:25:26 PM GMT is: over 15 Trillion dollars
The estimated population of the United States is 298,221,627so each citizen's share of this debt is $27,577.22.
The National Debt has continued to increase an average of$2.83 billion per day since September 30, 2005! It's official: as of October 18th, 2005 the National Debt has risen to over eight trillion dollars. Incidentally, it was back in December 2003, less than two years ago, that the Debt surpassed a "mere" seven trillion dollars. Wow what numbers it is estimated that the us dollar has fallen over 30% in the last 3 yrs with the numbers mentioned above another 30% is definetly possible are you ready for your dollar you work hard for every day buying 30% less than what you can get now per dollar The government is doing a good job of covering up the financial crisis we are now facing.Very few are aware that gold was outlawed in the 1930s when the govt like now had a large amount of currency flooding the market until markets would only value gold as a object of value so to keep the govt from going bankrupt all gold was confiscated and put into the reserves as history shows we made it through that difficult period but today the world is a lot different than in the 1930s with instant communication and world currency markets a currency could lose 1/2 or more of its value overnight. Whats going to tip the dollars collapse lets look at a couple of factors putting pressure on a lower dollar. Iran has planned to open a oil trading exchange this summer that will dealing in euros exclusively for there oil if that were to occur I really dont think it would be far fetched for the whole opec block to follow suit or at least a few other countries that comprise opec.Over night a large amount of dollars would hit the market the efffect, of these countries selling there dollars, kept in reserve to trade there main commodity oil. This would have a "DOMINO EFFECT" As other countries holding dollars as a reserve currency would be pressured to sell as well, due to the fact there reserves would be losing value quickly. The federal reserves job is to step in and buy dollars when there is to much market selling to keep an orderly market but the currency game "SCAM" PONZI SCHEME" Thats been going on since the 1930s has a new twist the "EURO" Thats to date valued at 125% of the dollar. This new alternate reserve currency is now the new reserve option for the whole world, in past times the federal reserve could just print up money and I do mean literaly "PRINT MORE DOLLAR BILLS" to buy dollars out standing when ever the dollar had sell offs but whats going to happen when other countries demand euros instead of us dollars. Let me give you a "HINT" The US Dollar will collapse at least 50% and this kind of drop with info technology we have today can occur quickly like over night "STAY TUNED FOR THE NEXT EPISODE" Is America Bankrupt.