SAD TO SAY…From Peak Oil: Life After the Oil Crash (lifeaftertheoilcrash.net/breaking news) of 2/19/09 has posted these two interesting pieces:
#1. “Gerald Celente: “Code Red Alert, economy in collapse, drastic measures to be taken, possible bank holidays, gold confiscation, and mega-bailouts”
“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. For example, Timothy Geitner, 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. Geitner. “From proclaiming a bank holiday, confiscating gold to backstop devaluing currencies, mega-bailouts for the too-big-to-fail to nationalizing public firms and dollar devaluation…
#2. “Message from Mike Ruppert Regarding Economic Riots in Europe and the Potential for Civil Unrest/Violence in Michigan, California, and Ohio”
“The three likeliest states to have civil unrest first are Michigan, California and Ohio. These are the states hardest hit by job cuts. California…The “fires” here would be rapidly “extinguished” by a state that has well developed and longstanding historical plans for civil unrest… . Michigan is geographically off to the side and already something of a “wasteland”. … But Ohio… already devastated by auto layoffs and other massive corporate failures, Ohio’s industrial areas border are in close proximity to Kentucky, West Virginia, Indiana, and Pennsylvania. Lots of kindling in those states. …
Finally, from survivalblog.com on 2/19/09, in the section “Items from Economatrix”, comes this headline; “ Bad News From America’s Top Spy” (by Chris Hughes).
“… when Washington’s new director of national intelligence, retired Adm. Dennis Blair, testified before the Senate Intelligence Committee. He warned that the deepening economic crisis posed perhaps our gravest threat to stability and national security. It could trigger, he said, a return to the ‘ violent extremism’ of the 1920’s and 1930’s.”
The article continues, “The specter of social unrest was raised at the U.S. Army War College in November in a monograph titled ‘Known Unknowns: Unconventional ‘Strategic Shocks’ in Defense Strategy Development.’” The military must be prepared, the document warned, for a violent, strategic dislocation inside the united States “which could be provoked by ‘unforeseen economic collapse, purposeful domestic resistance pervasive public health emergencies’ or ‘loss of functioning political and legal order.” The “widespread civil violence,” the document said, “would force the defense establishment to defend basic domestic order and human security.”
The piece continues on a bit and then closes with: “ … this translates into the imposition of martial law and a de facto government being run out of the Department of Defense. They are considering it. So should you.”
A LITTLE GOOD NEWS: While we can’t do a lot about the weather itself, we can by watching it closely, put ourselves in a position to prepare ourselves and our families to withstand it’s effects. That’s what we’re all about here at PrudentHome; knowing and preparing.
Again, next week we’ll be looking into some of sustainable home gardening’s sources and methods: preparing.
Until out next post, keep your eyes on the horizon as the weather’s changing fast.
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