Archive for January, 2013

Illinois’ Total Unfunded Liabilities: $275 Billion

The following bit about Illinois’ total unfunded liabilities from a January 28 Investor’s Business Daily editorial was so depressing to read that I originally planned to blog about it much earlier this morning- but needed to step away. From the IBD website:

A recent release by the Illinois Policy Institute shows this [$96.8 billion unfunded debt to five state pension systems] is only the tip of the iceberg and when you add in other liabilities such as $54 billion in unfunded liabilities for retiree health insurance and $15 billion in pension bonds that Gov. Pat Quinn and his immediate predecessor, former Gov. Rod Blagojevich, issued to avoid pension reform, Illinois’ total unfunded liabilities amount to $275 billion, or $58,000 in debt for each and every household in the state.

(Editor’s note: Italics added for emphasis)

So what’s it going to be, Illinois? Since a booming economy seems unlikely to return anytime soon, will the Democrat-dominated Illinois General Assembly finally enact significant spending cuts? Raise fees and taxes through the roof? Throw public sector retirees “under the bus?”

They’re going to have to do something real quick.

Or watch the whole thing unravel.

By Christopher E. Hill, Editor
Survival And Prosperity (www.survivalandprosperity.com)

Source:

“Obama’s Illinois Downgrade Makes It America’s Greece.” Investor’s Business Daily. 28 Jan. 2013. (http://news.investors.com/ibd-editorials/012813-642237-credit-downgrade-illinois-standard-poors-worst.htm). 31 Jan. 2013.

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New York Times Article ‘The Preppers Next Door’

Yesterday I read an article that appeared in The New York Times last weekend entitled “The Preppers Next Door.”

I was all prepared to read a hack job about modern survivalism, but came away impressed by Alan Feuer’s effort.

This could have something to do with the fact that Feuer himself is a prepper.

The reporter wrote about modern survivalists in the New York City area, including Jason Charles, the New York City firefighter who appeared in season 1 episode 3 of Doomsday Preppers and who heads up the New York City Preppers Network, and Aton Edwards, founder of the International Preparedness Network and who recently starred in the Doomsday Preppers “Escape From New York” special, to name just two.

Articles by mainstream journalists in which preppers aren’t portrayed as somewhat to full-blown kooky are few-and-far-between, so it was refreshing to come across Feuer’s piece, which you can read here on the Times website.

By Christopher E. Hill, Editor
Survival And Prosperity (www.survivalandprosperity.com)

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Thursday, January 31st, 2013 Mainstream Media, Preparedness No Comments

Labor Minister: France ‘Is A Totally Bankrupt State’

Speaking of France, how is the Socialist-led European state faring these days?

Not so great, it seems.

In fact, a pretty reliable source claims they’re bankrupt.

Graham Ruddick reported on The Telegraph (UK) website Monday:

Michel Sapin made the gaffe in a radio interview, which left French President Francois Hollande battling to undo the potential reputational damage.

“There is a state but it is a totally bankrupt state,” Mr Sapin said. “That is why we had to put a deficit reduction plan in place, and nothing should make us turn away from that objective.”

The comments came as President Hollande attempts to improve the image of the French economy after pledging to reduce the country’s deficit by cutting spending by €60bn (£51.5bn) over the next five years and increasing taxes by €20bn.

(Editor’s note: Italics added for emphasis)

As I mentioned earlier tonight, some claim President Obama desires French-style Socialism for the United States.

If France’s economy truly is in shambles, and the U.S. President really wants to emulate them, well- here’s a glimpse of what Americans could expect. From an Investor’s Business Daily editorial yesterday:

Fresh after May 2012’s election, President Francois Hollande wasted no time raising government spending, hiking tax rates to 75% on those above $1.3 million in income, hiring 60,000 bureaucrats, cutting the retirement age for public pensions to 60 and undoing fiscal reforms by his predecessor, Nicolas Sarkozy. During his campaign, Hollande declared himself “the enemy of finance.” France today proves it…

Public debt has soared from 68% of GDP in 2008 to 90% in 2012, joblessness has hit 11%, and GDP growth of its $2.8 trillion economy is projected in 2013 at zero.

Tax hikes have driven the richest taxpayers from the country, making the $43 billion budget hole unlikely to be plugged by Hollande’s $26 billion tax hike. Meanwhile, a squeeze on business creates rising numbers of unemployed, who in turn demand state services.

Time will tell how this will all work out for the Socialists in France. But if history rhymes once again, keep in mind something former British Prime Minister Margaret Thatcher said in a 1976 interview:

Socialist governments traditionally do make a financial mess. They always run out of other people’s money. It’s quite a characteristic of them. They then start to nationalise everything, and people just do not like more and more nationalisation, and they’re now trying to control everything by other means. They’re progressively reducing the choice available to ordinary people.

Any of this sound familiar?

By Christopher E. Hill, Editor
Survival And Prosperity (www.survivalandprosperity.com)

Sources:

Ruddick, Graham. “France ‘totally bankrupt’, says labour minister Michel Sapin.” The Telegraph. 28 Jan. 2013. (http://www.telegraph.co.uk/finance/financialcrisis/9832845/France-totally-bankrupt-says-labour-minister-Michel-Sapin.html). 30 Jan. 2013.

“Like The Bourbons, France’s Socialists Have Learned Nothing, Forgotten Nothing.” Investor’s Business Daily. 29 Jan. 2013. (http://news.investors.com/ibd-editorials/012913-642388-france-socialist-model-is-same-old-recipe-for-bankruptcy.htm). 30 Jan. 2013.

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CNBC’s Rick Santelli After GDP Report: ‘We Are Now Europe’

Here’s something I keep hearing with more frequency these days:

Barack Obama is transforming America into Europe.

More specifically, the U.S. President is pushing us towards French-style Socialism.

Now, I’m not so sure about that. But CNBC’s Rick Santelli sure seems to think there’s some truth to it.

Get a load of the on-air editor down at the Chicago Mercantile Exchange this morning when the fourth quarter GDP was announced:


“Rick Santelli Responds to Negative GDP Report: ‘We Are Now Europe’”
YouTube Video

By Christopher E. Hill, Editor
Survival And Prosperity (www.survivalandprosperity.com)

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Wednesday, January 30th, 2013 Deficits, Europe, GDP, Government, Socialism, Spending No Comments

GDP Drop Blamed On Hurricane Sandy, Republicans

In the aftermath of Hurricane Sandy, some talking heads on the TV were saying how the U.S. economy would take a significant hit from all the destruction. I remember turning to my girlfriend and saying, “Well, there’s their out.” I went on to explain that if the economic numbers for the fourth quarter ended up being crummy, the White House would just go ahead and blame Sandy.

So while I was a little surprised to hear about the drop in GDP today (I thought enough “stimulus” was already coursing through the financial system), the same can’t be said about what the White House said this morning. Alan Krueger, Chairman of the Council of Economic Advisers, wrote on The White House Blog today:

According to the “advance” estimate released by the Bureau of Economic Analysis today, real GDP edged down 0.1 percent at an annual rate in the fourth quarter of 2012, amid signs that Hurricane Sandy disrupted economic activity and Federal defense spending declined precipitously, likely due to uncertainty stemming from the sequester. This was the first quarterly drop in real GDP in three-and-a-half years (see first chart below). Over the last fourteen quarters, the economy has expanded by 7.5 percent overall, and the private components of GDP have grown by 10.9 percent. During the four quarters of 2012, real GDP grew by 1.5 percent, the third consecutive year of economic expansion.

(Editor’s note: Italics added for emphasis)

Don’t get me started on that “economic expansion” bit, as it’s been oh-so-terrific for many Americans.

Hurricane Sandy’s economic impact and a decline in government spending last quarter is repeatedly mentioned in the blog post, leading some to believe that the Obama administration is blaming the economic contraction last quarter a good deal on that late October storm and the Republican Party. Reuters’ Mark Felsenthal wrote on Yahoo! News this afternoon:

The White House on Wednesday blamed the surprising contraction of the economy at the end of last year at least partly on Republican “political brinkmanship” for threatening to let defense cuts take effect.

White House spokesman Jay Carney said similar threats over a looming March 1 deadline when defense and other cuts take effect absent a broader budget deal could similarly hurt the U.S. economy and taxpayers.

“This is political brinkmanship with one primary victim, and that is American taxpayers and the American middle class,” Carney said at a briefing.

“Our economy is facing a major headwind … and that’s Republicans in Congress.”

(Editor’s note: Italics added for emphasis)

Since the campaign for the 2008 U.S. Presidential election, Barack Obama and the Democratic Party have consistently blamed George W. Bush and the Republican Party for the nation’s ongoing economic woes (I submit both major political parties are truly at fault and the damage began decades earlier). Believing that this strategy worked to retain the Oval Office in 2012, and based on Carney’s words today, be prepared to hear even more blamethrowing of this type going forward in President Obama’s second term.

In the meantime, the financial house of cards keeps growing more unstable with trillions of dollars of debt being continually heaped upon it.

Hurricane Sandy. The GOP. How about the “stimulus” being injected into the cancer (debt)-ridden patient is perhaps becoming less effective over time? Instead of a strong, sustainable economic recovery, we’re seeing a weak one that’s requiring constant assistance.

What QE are we on again?

Furthermore, Washington and the Fed are “running out of bullets.” It’s somewhat amazing they’ve managed to “kick the can down the road” this far.

Looking back on today’s GDP announcement and related events, it’s apparent the blamethrowers are alive and well in the nation’s capital.

And the proverbial brick wall- or our “financial reckoning day,” as some like to call it- keeps getting closer.

Be advised.

By Christopher E. Hill, Editor
Survival And Prosperity (www.survivalandprosperity.com)

Sources:

Krueger, Alan. “Advance Estimate of GDP for the Fourth Quarter of 2012.” The White House Blog. 30 Jan. 2013. (http://www.whitehouse.gov/blog/2013/01/30/advance-estimate-gdp-fourth-quarter-2012). 30 Jan. 2013.

Felsenthal, Mark. “White House blames Republican ‘brinkmanship’ for GDP contraction.” Reuters. 30 Jan. 2013. (http://news.yahoo.com/white-house-accuses-republicans-brinkmanship-spending-cuts-181022857–business.html). 30 Jan. 2013.

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Illinois Bond Issue Halted Due To Credit Concerns

Today, residents of the state of Illinois saw the repercussions of having $8 billion of unpaid bills, a $96.8 billion pension funding gap, and falling credit ratings. Karen Pierog reported on the Reuters website:

Illinois yanked a $500 million general obligation bond issue slated for Wednesday because of credit concerns that could boost its borrowing costs, in the latest financial blow to the state, which has failed to fix its bloated public pensions.

Investment banks that planned to bid on the debt indicated investors would demand higher yields on the 25-year bonds, said John Sinsheimer, Illinois’ capital markets director.

“We were getting indications of higher spreads than we were anticipating,” said Sinsheimer, who declined to discuss specific spread levels. “We felt it was prudent to pull the deal for the time being.”

(Editor’s notes: Italics added for emphasis)

Pierog pointed out:

Illinois is already faced with the highest spreads – 137 basis points in the latest week – over Municipal Market Data’s benchmark triple-A scale among states and cities tracked by MMD, a unit of Thomson Reuters.

Over the weekend, I noted Standard & Poor’s downgraded the State of Illinois on Friday to an “A-” rating with a negative outlook- last among all 50 states. I added that among other major credit rating agencies, Moody’s also ranks Illinois last of all the U.S. states and Fitch ranks it 49th but on watch for a possible downgrade.

As for Illinois taxpayers? They may have to pay tens of millions of dollars more in interest when the state looks to borrow more money- like what almost happened today.

By Christopher E. Hill, Editor
Survival And Prosperity (www.survivalandprosperity.com)

Source:

Pierog, Karen. “UPDATE 2-Illinois pulls $500 mln bond sale amid credit concerns.” Reuters. 30 Jan 2013. (http://www.reuters.com/article/2013/01/30/illinois-bonds-idUSL1N0AZ6TQ20130130). 30 Jan. 2013.

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Physical Silver Shortage Rumors

“If investors can’t buy Silver Eagles, they can also buy other coins like Canadian Maple Leaf silver coins, which are minted by the Canadian government and are ‘just as good.’”

-Peter Schiff, President/Chief Global Strategist of Euro Pacific Capital and CEO of Euro Pacific Precious Metals, in a January 19 article on the ABC News website that noted the U.S. Mint had stopped selling 2013 American Eagle silver bullion coins

First, the U.S. Mint halted the sale of 2013 Silver Eagles.

Now, the Royal Canadian Mint is limiting sales of 2013 Silver Maple Leafs.

Daniela Cambone of Kitco News reported the following on The Globe and Mail (Canada) website last Firday:

Following news last week that the U.S. Mint had run out of its initial production of 2013 Silver Eagles, reports were circulating on industry blogs that the Royal Canadian Mint was next in line after suffering a silver shortage.

Confirming this strain on physical silver supplies, the mint this morning went on allocation, limiting the quantity of sales of the popular Silver Maple Leaf coin.

“Due to very high demand for Silver Maple Leaf bullion coins, the Royal Canadian Mint is carefully managing supply to ensure all our bullion distributors are served and we continue to take orders,” Alex Reeves, senior manager, communications for the Royal Canadian Mint, told Kitco News this morning.

(Editor’s note: Italics added for emphasis)

These latest developments at the U.S. and Royal Canadian Mints- in conjunction with HSBC’s recent large purchase of silver bullion from KGHM Polska Miedź S.A., the world’s largest silver miner- are fanning rumors of a possible physical silver shortage going on. From the Dubai Chronicle (UAE) website Sunday:

News that HSBC has concluded a second large purchase of silver bullion has sparked speculation that there is a physical silver shortage in the markets.

Earlier in the week, a news about the U.S. Mint temporarily running out of Silver Eagle coins added to the momentum. Many of the latest rumors about physical silver shortage talk about the relationship between physical silver-actual silver bullion-and paper silver, which is the silver that exists only on paper in the form of exchange-traded funds (ETFs) or futures contracts. Some market observers have speculated that there isn’t enough physical silver currently available to make delivery to all of the owners of silver futures, which would result in a “default” by the Comex where the silver contract is traded.

Whether these issues are actually reflective of high demand, problems with the mints’ supply chains, or games being played in the silver bullion market by outside forces or silver traders, remain in question.

(Editor’s note: Italics added for emphasis)

A follow-up piece by the Dubai Chronicle suggested silver production looked to be more than adequate in 2012. From the January 29 article:

In response to the recent physical silver shortage speculations, we researched data provided by mining companies for their performance in Q4 of 2012 and the past year in general. According to what the companies state, most of them increased silver production between 2% to 15% and aim to rise production further in the course of 2013.

(Editor’s note: Italics added for emphasis)

And a recent Money Morning article noted Kitco Senior Analyst John Nadler claims there are 207 million ounces of surplus silver overhanging the markets.

Still, stories of silver shortages, like this one by Matterhorn Asset Management founder Egon Von Greyerz on on the King World News Blog back on January 18, are making the rounds on the Internet these days.

By Christopher E. Hill, Editor
Survival And Prosperity (www.survivalandprosperity.com)

(Editor’s note: I am not responsible for any personal liability, loss, or risk incurred as a consequence of the use and application, either directly or indirectly, of any information presented herein)

Sources:

Cambone, Daniella. “Mint limits sales of Silver Maple Leaf coins on high demand.” Kitco News. 25 Jan. 2013. (http://www.theglobeandmail.com/globe-investor/mint-limits-sales-of-silver-maple-leaf-coins-on-high-demand/article7855390/?cmpid=rss1). 25 Jan. 2013.

“News about physical shortage drive silver price higher.” Dubai Chronicle. 27 Jan. 2013. (http://www.dubaichronicle.com/2013/01/27/news-about-physical-shortage-silver-price/print/). 29 Jan. 2013.

“Physical Silver Shortage Rumors Confronted.” Dubai Chronicle. 29 Jan. 2013. (http://www.dubaichronicle.com/2013/01/29/physical-silver-shortage-rumors-confronted/). 29 Jan. 2013.

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Tuesday, January 29th, 2013 Commodities, Investing, Precious Metals No Comments

Project Prepper, Part 7: Why Wisconsin?

By the time I started this blog back in November 2010, I already had a pretty good idea I’d eventually be leaving the city of Chicago to reside someplace else. And every once in a while, I’d query the “best places” to live in America- should TSHTF or not. While the area of southeastern Wisconsin I’m looking at moving to in a few years is probably not “ideal” (even less so the suburbs of Chicago) from a prepper’s perspective, practitioners of modern survivalism would probably see more positives than negatives with the location. Keeping in mind that not only do I envision a certain lifestyle for myself down the road, but I also think I have a pretty good idea of what will be required to “survive and prosper” in America in the coming years, this part of the Midwest really appears to be a nice fit not only for me but my girlfriend as well. Here’s hoping it is.

Truth be told, while I really should be focusing on finding and eventually nailing down a suburban residence in my remaining four months in the “Windy City,” I can’t help but check out properties north of the Illinois state line every once in a while to see what’s out there. Some nice 5-acre properties are available at what seem to be very reasonable prices.

If only my girlfriend and I could win the lottery. I mean, if only we could win the lottery sooner rather than later.

Check back Friday when I share a nice resource I came across recently while verifying the “Badger State” is the place to be for me.

By Christopher E. Hill, Editor
Survival And Prosperity (www.survivalandprosperity.com)

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Tuesday, January 29th, 2013 Housing, Preparedness, Project Prepper, Shelter 3 Comments

On TV: The Simpsons ‘Preppers’ Episode

So I finally got the chance Monday to watch season 24, episode 9 of The Simpsons, “Homer Goes to Prep School.” In this installment of the popular animated sitcom on FOX, Homer prepares for “doomsday.” Originally airing back on January 6, the show portrays preppers as extreme and relentlessly pokes fun of them, but should anyone really be surprised considering this is a cartoon we’re talking about here? Regardless, I was laughing my butt off a couple of times during the episode. The Simpsons creative staff really nailed some of the more humorous elements associated with the movement. For example, the outlandish “why we prep” movies found in droves on YouTube (not all are hogwash, mind you). Most modern survivalists I’ve encountered don’t come off anywhere near as goofy as the ones portrayed on the show. If preppers are willing to remember that The Simpsons is purely entertainment/humor, they might enjoy watching “Home Goes to Prep School,” which can be viewed in it entirety on the FOX website here for a limited time only.

By Christopher E. Hill, Editor
Survival And Prosperity (www.survivalandprosperity.com)

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Tuesday, January 29th, 2013 Humor, On TV, Preparedness No Comments

Seen On The Streets, Part 7

“Flipping” homes.

I heard it was back.

And while driving through the Chicago suburbs Saturday, there was a commercial on the radio of the type I haven’t heard for a couple of years now (perhaps the title of this post should be changed to “Heard On The Streets”). It went something like this:

• Make lots of money “flipping” houses!
• Get in now before everyone else does
• We’ll show you how to do it
• Attend our upcoming seminar
• Seating is extremely limited and is expected to sell out, so register today

Sound familiar? Yeah, I thought so.

By Christopher E. Hill, Editor
Survival And Prosperity (www.survivalandprosperity.com)

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Tuesday, January 29th, 2013 Housing, Seen On The Streets No Comments

S&P/Case-Shiller: Chicago-Area Home Prices Fall For Third Straight Month

There’s good and bad news with the latest S&P/Case-Shiller home price data for the Chicago-area housing market.

The good news? In November 2012, Chicago-area home prices were up 0.8 percent year-over-year.

And the bad? Prices fell for the third straight month. From ChicagoRealEstateDaily.com (a Crain’s Chicago Business enterprise) this morning:

A closely watched index of Chicago-area home prices fell again in November, its third straight drop and the biggest decline among a 20-city index.

The S&P/Case-Shiller index of Chicago-area single-family home prices fell 1.3 percent from October to November after dropping 1.6 percent from September to October and 0.6 percent from August to September, according to a report released this morning.

For the second straight month, Chicago posted the biggest decline in a 20-city index where prices fell.

(Editor’s note: Italics added for emphasis)

A week ago, the Illinois Association of Realtors released housing data for all of 2012. Mary Ellen Podmolik reported in Sunday’s Chicago Tribune:

On Tuesday, the Illinois Association of Realtors reported that home sales in the nine-county Chicago area rose almost 27 percent in 2012 from 2011. The inventory of available area homes in December plunged 37 percent from its year-ago comparison, which has led to multiple-offer scenarios and quicker marketing times. Still, the annualized median price slipped 1.5 percent from 2011.

Those pesky home prices…

By Christopher E. Hill, Editor
Survival And Prosperity (www.survivalandprosperity.com)

Sources:

“Chicago-area home prices fall for third straight month.” ChicagoRealEstateDaily.com. 29 Jan. 2013. (http://www.chicagorealestatedaily.com/article/20130129/CRED0701/130129771/chicago-area-home-prices-fall-for-third-straight-month). 29 Jan. 2013.

Podmolik, Mary Ellen. “Realtors’ dose of optimism tinged with reality.” Chicago Tribune. 25 Jan. 2013. (http://articles.chicagotribune.com/2013-01-25/classified/ct-mre-0127-podmolik-homefront-20130125_1_mabel-guzman-median-price-realtors). 29 Jan. 2013.

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Tuesday, January 29th, 2013 Housing, Main Street No Comments

Jim Sinclair Predicts Gold Is ‘Going To And Through $3,500’

This morning the talking heads on CNBC are saying that a number of gold mining shares are approaching or are at 52-week lows.

I’ve been interested in gold and other precious metals for a long time. And I started reading Jim Sinclair’s MineSet- free gold commentary provided by veteran precious metals expert Jim Sinclair- even before I departed the public sector to do independent research.

Sinclair is being talked about in a number of financial/investing circles this week because of something he wrote on his blog last Thursday about the gold banks manipulating the paper gold market in an attempt to drive down the price of gold- and how holders of the yellow metal should respond . From a January 24 post:

Please do not fall for this classic manipulation. Please do not make the gold banks happy by giving away your physical. Please do not throw away gold shares because the hedge fund have worked black PR so well that they even have convinced some well known community physical gold merchants of their bear position of shares…

Fundamentally we are approaching the period in gold when it will move up the most points in the shortest period of time. The paper gold market is being used to shake the bullish tree harder this time than any time before because of what is to come. Fear is the most powerful emotion in markets and it is being used perfectly to enrich the grand names of finance at your expense…

Clearly the gold banks will try to get gold into a capitulation point. Hear me: We are right in front of that time when the market performs a classic bottom both in shares and physical. From this point gold is going to and through $3500. That is why what happened today is happening in the first place.

(Editor’s note: Italics added for emphasis)

The post is nothing short than a declaration of war against what Sinclair sees as gold price manipulation. As well as the latest forecast from a long-time gold observer.

A good read- possibly even a classic one, if Sinclair turns out to be correct- which can be found in its entirety on Sinclair’s blog here.

(Editor’s note: I am not responsible for any personal liability, loss, or risk incurred as a consequence of the use and application, either directly or indirectly, of any information presented herein)

By Christopher E. Hill, Editor
Survival And Prosperity (www.survivalandprosperity.com)

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Marc Faber Warns ‘Correction Is Overdue’ For U.S. Stocks

“Doctor Doom” Marc Faber, publisher of the monthly investment newsletter The Gloom Boom & Doom Report, talked about financial markets and investment strategy on Bloomberg Television’s In The Loop last Friday. Dr. Faber, who became famous for advising clients to get out of the U.S. stock market one week before the October 1987 crash, warned viewers via the phone that U.S. equities were overdue for a correction. From his exchange with show host Betty Liu :

LIU: So you’re saying we’re in for a correction on the S&P?
FABER: I think regardless of what the markets will do thereafter, near-term, a correction is overdue. And usually February is a seasonally-weak month. We will then have to watch how the correction unfolds. Whether maybe we’ve had already a major top like in January 1973 the market peaked-out and thereafter was sliding for two years. It will be interesting to see how the correction unfolds.

(Editor’s note: Italics added for emphasis)


“Marc Faber on Investment Strategy, Markets”
Bloomberg Television Video

By Christopher E. Hill, Editor
Survival And Prosperity (www.survivalandprosperity.com)

(Editor’s notes: Info added to “Crash Prophets” page; I am not responsible for any personal liability, loss, or risk incurred as a consequence of the use and application, either directly or indirectly, of any information presented herein.)

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Monday, January 28th, 2013 Crash Prophets, Investing, Stocks No Comments

Chicago’s ‘Culture Of Death’ Claims 8 Victims Over The Weekend

It was another deadly weekend here in Chicago.

From the Chicago Sun-Times website this morning:

Eight people were killed and another five wounded in weekend violence in Chicago — including two separate double-homicide shootings.

Seven of those homicides occurred Saturday, making the day one of the deadliest in recent memory.

The Crime in Chicago blog says the city’s at 40 homicides for January.

Chicagoans should brace themselves for yet more talk of gun “control,”, “new” crime-fighting strategies, and statistics that don’t accurately portray the larger crime trends from the powers-that-be, while the city’s “Culture of Death”- as the popular Chicago police blog Second City Cop called it just his morning- keeps on claiming victims.

By Christopher E. Hill, Editor
Survival And Prosperity (www.survivalandprosperity.com)

Source:

“Eight dead, five wounded in weekend violence.” Chicago Sun-Times. 28 Jan. 2013. (http://www.suntimes.com/17852628-761/eight-dead-five-wounded-in-weekend-violence.html). 28 Jan. 2013.

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Quote For The Week

From episode 1610, “Insecurity,” of the animated sitcom South Park on the Comedy Central television network:

Spokesman: [in a commercial] Protecting your home and your family is hard enough! But sometimes alarms on your doors and windows aren’t enough! A new security system allows not only for your doors and windows to be monitored, but your fear levels as well. [a 3-D schematic of a house is shown, with a person in it] A security system that is actually inside you. It’s called IN-security.
Husband: [with wife and twin daughters] We’ll never forget the day we took our twin daughters to the beach.
Stranger: Hehe, what cute twins.
Wife: Thanks.
Stranger: They’re so adorable [whips out a crowbar and assumes a menacing posture. The wife instinctively tries to protect the girls] that I’m gonna bash their f*****g heads in! [the alarm goes off and the stranger runs away, dropping the crowbar. The husband receives the call]
Peter: This is Peter with INsecurity. Is everything alright?
Husband: A white man just tried to murder our twin girls.
Peter: I have a police car on their way with blankets and cocoa. [Next shot is of the whole family in blankets and sipping cocoa at the beach, with police cars around them and police officers investigating]
Husband: I only hope other have people have INsecurity to protect their families.
[A shoe store. A woman is getting her son new shoes]
Shoe Salesman: Well, how’s the shoe fit, pal?
Boy: I think it fits pretty good.
Shoe Salesman: Well okay, hehe, let’s see if it fits better than this KNIFE THROUGH YOUR F*****G SKULL, BASTARD?! [gets out a large knife and slashes the air with it.]
Boy: Aaahh! [jumps into his mom's arms and the alarm goes off. The salesman drops the knife and runs off. The phone rings and the mom answers it]
Mom: Hello?
David: This is David with INsecurity. Is everything alright?
Mom: [voice breaking] No, a while shoe salesman tried to murder my son.
David: Hold tight. Police are on their way with blankets and cocoa. [next scene, mom and son are in blankets and sipping cocoa while the police investigate]
Spokesman: Don’t let your family become another statistic. Have piece of mind with… [the new company logo appears, with "Custom installation for only $99."] INsecurity.

“Police are on their way with blankets and cocoa.”

Remember. When seconds count… the police are just minutes away.

By Christopher E. Hill, Editor
Survival And Prosperity (www.survivalandprosperity.com)

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Not all airguns preform the same in colder weather. Click to learn more. PyramidAir.com Reviewed HERE
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Airsoft Megastore - Limited Time Savings, Save Up to 20% Airsoft Megastore Reviewed HERE
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