Government

Is Pepper Spray Legal In Chicago, Illinois? (2015 Update)

Last Wednesday, I blogged that I’d begin reviewing Chicago-area laws concerning self-defense tools starting this week.

Even though Survival And Prosperity addressed the subject of pepper spray or OC spray (from “oleoresin capsicum”) some time back, here’s a question I still keep hearing asked:

“Is pepper spray legal in Chicago, Illinois?”

To find out, let’s start at the top- meaning the State of Illinois. Looking at the Illinois Compiled Statutes, Criminal Offenses, (720 ILCS 5/) Criminal Code of 2012, “ARTICLE 24. DEADLY WEAPONS”:

(720 ILCS 5/24-1) (from Ch. 38, par. 24-1)
Sec. 24-1. Unlawful Use of Weapons.
(a) A person commits the offense of unlawful use of weapons when he knowingly:
(3) Carries on or about his person or in any vehicle, a tear gas gun projector or bomb or any object containing noxious liquid gas or substance, other than an object containing a non-lethal noxious liquid gas or substance designed solely for personal defense carried by a person 18 years of age or older

(Editor’s note: Bold added for emphasis)

Pepper (OC) spray appears legal to own and carry in the state of Illinois- so long as the individual carrying it is “18 years of age or older.”

Now let’s turn to Cook County. Here’s something I was just made aware of recently. From the Cook County Code of Ordinances, Part I- GENERAL ORDINANCES, Chapter 58- OFFENSES AND MISCELLANEOUS PROVISIONS, ARTICLE VI. OFFENSES AGAINST THE PUBLIC PEACE, Sec. 58-172. – Disorderly Conduct:

(a) It shall be unlawful for any person to commit disorderly conduct. A person commits disorderly conduct when he knowingly:
(6) Carries in a threatening or menacing manner, without authority of law, any razor, knife, stiletto, blackjack, bludgeon, metal knuckles, slingshot, any knife, the blade of which is released by a spring mechanism, including knives known as “switch-blades”, undetectable knives as defined in Section 58-176 of this Code, an object containing noxious or deleterious liquid, gas or substance or other weapon, or conceals said weapon on or about the person or vehicle

(Editor’s note: Bold added for emphasis)

Pepper (OC) spray appears legal to own and carry in Cook County, Illinois- so long as the individual carrying it is “18 years of age or older” (per the State of Illinois), does not carry it “in a threatening or menacing manner,” or “conceals said weapon on or about the person or vehicle.”

That last bit about concealing about the person or vehicle is bound to raise some eyebrows, I’m guessing.

Mace Pepper Foam

Finally, here’s what the City of Chicago has on the books regarding pepper (OC) spray. From the Municipal Code of Chicago, TITLE 8 OFFENSES AFFECTING PUBLIC PEACE, MORALS AND WELFARE, CHAPTER 8-24 FIREARMS AND OTHER WEAPONS, 8-24-020 Sale or possession of deadly weapons:

(e) No person shall carry on or about his person or in any vehicle, a tear gas gun projector or bomb or any object containing noxious liquid gas or substance, other than an object containing a non-lethal noxious liquid gas or substance designed solely for personal defense carried by a person 18 years of age or older; provided that this subsection shall not apply to any person listed in section 5/24-2(a)(1)-(14) of the Criminal Code, 720 ILCS 5/24-2(a).

(Editor’s note: Bold added for emphasis)

There’s also this under 8-24-045 Noxious gas or liquid:

(a) No person shall use any device to discharge a noxious gas or liquid in an enclosed room in any Class C-1 or Class C-2 Assembly Unit, as defined in Chapter 13-56 of this Code, or in an enclosed room in any restaurant, bar or tavern that is a Class F Assembly Unit as defined in that chapter, if more than 20 persons are present in that room, unless the person is a peace officer, as defined in Section 8-20-010 of this Code, engaged in law enforcement activity. As used in this section, “noxious gas or liquid” means mace, pepper spray or any other substance that is intended or designed to cause irritation to the eyes, nose or mouth, or to cause nausea.

(Editor’s note: Bold added for emphasis)

So Is pepper spray legal in Chicago, Illinois?

Pepper (OC) spray appears legal to own and carry- so long as the individual carrying it:

• Is “18 years of age or older” (per the State of Illinois)
• Does not carry it “in a threatening or menacing manner” or “conceals said weapon on or about the person or vehicle” (per Cook County)
• Shall not use “any device to discharge a noxious gas or liquid in an enclosed room in any Class C-1 or Class C-2 Assembly Unit, as defined in Chapter 13-56 of this Code, or in an enclosed room in any restaurant, bar or tavern that is a Class F Assembly Unit as defined in that chapter, if more than 20 persons are present in that room” (per the City of Chicago)

Next time, I’ll be looking at expandable/collapsible/retractable batons and their legality in Chicago.

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

(Legal disclaimer: This post is for informational purposes only and not for the purpose of providing legal advice. You should contact an attorney to obtain such advice.)

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Marc Faber: ‘The President, For Whatever Reason, Might Not Finish His Term’

This year’s Barron’s Roundtable convened on January 12, 2015, at the Harvard Club of New York. And one member of the Roundtable, Swiss-born investment advisor and fund manager Marc Faber, brought up some interesting scenarios for the coming year. Dr. Faber told Roundtable participants:

Many surprises could occur in the next 12 months. The president, for whatever reason, might not finish his term. China’s president, Xi Jinping, doesn’t speak as much as Obama, but when he speaks, he makes sense. He is a powerful person. In the past 45 years, China has pursued a policy of nonintervention in other countries’ domestic affairs. But that might change because of its oil interests in the Sudan. China is the largest supplier of troops to the U.N. peacekeeping forces. Its troops are conveniently placed next to Sudan’s oil facilities. China also has a large interest in the Iraqi oilfields. If ISIS moves toward southern Iraq, which it currently can’t do, China will protect its interests. The Chinese are becoming more assertive in their geopolitical ambitions. They must ensure a supply of natural resources, such as oil, copper, and iron ore. In their view, the Americans have no interests in Southeast Asia and eventually will have to move out. It is unclear how this will be achieved, or when, but it probably won’t happen peacefully

(Editor’s note: Bold added for emphasis)

Thailand-based Faber, like fellow “crash prophets” Jim Rogers and Peter Schiff, recognizes that the West’s economic power is steadily being transferred to the East. He added in New York City:

Even if Asia doesn’t grow much this year, economic power is shifting to Asia. The Indian economy could grow by 5%-6% in 2015, although the Indians would say I am too pessimistic. Nonetheless, a 5% growth rate is enormous, compared to zero in Europe.

(Editor’s note: Bold added for emphasis)


Heineken Commercial “The Date” feat. Mohammed Rafi, Jaan Pehechaan Ho (1965)
YouTube Video

You can read the entire Roundtable discussion on the Barron’s website here.

Christopher E. Hill
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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Illinois State Police Releases Concealed-Carry Statistics For 2014

Following up on last Sunday’s post about Illinois concealed-carry, the other day I found out the Illinois State Police just released a report entitled Concealed Carry Statistics 2014. I got the chance to examine it this morning and pulled the following which may interest Illinois readers of the blog. From January 1, 2014, to December 31, 2014:

• Applications Active By County- 91,651
• Applications Denied By County- 2,359
• Licenses Revoked By County- 175

Concerning applications active by the counties comprising the Chicagoland area:

• Cook County- 23,921
• DuPage- 5,577
• Kane- 2,873
• Lake- 4,252
• McHenry- 2,555
• Will- 6,134

All those Illinois Concealed Carry Licenses. It’s got to be just a matter of time before the streets are running with “rivers of blood,” right?

Sarcasm aside, if (when?) it gets to the point that Illinois concealed-carry permit holders start “perforating” the bad guys with some regularity- no matter how justifiable the shootings were- the anti-gun/gun “control” crowd and their presstitutes will be screaming at the top of their lungs how the “Land of Lincoln” has become the “Wild West.”

As if they would know…


YouTube Video

You can read the entire Illinois State Police report (.pdf format) here. And to find out more about the Illinois Concealed Carry License, head on over to their website here.

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

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Quote For The Week

“A wise and frugal government, which shall restrain men from injuring one another, shall leave them otherwise free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned. This is the sum of good government…”

-Thomas Jefferson (3rd U.S. President and “Founding Father,” in his March 4, 1801, inaugural address)

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

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Sunday, January 18th, 2015 Government, Quote For The Week, Socialism, Wealth No Comments

Illinois Diaspora Latest: Net Loss Of 94,956 People In State-To-State Migration In 2014

More evidence that Illinoisans are voting with their feet rather than be around as the “Land of Lincoln” is run into the ground. From the Chicago Tribune Editorial Board back on January 6:

Even on days when the temperature is above zero, Illinois struggles to keep people here. They’re leaving, in droves, for states with sunnier economic opportunities.

New census data and other figures reveal the cold hard truth: More people are moving away than coming, tipping Illinois last year into the dreadful category of states with declining populations. From July 2013 to July 2014, Illinois shrank by about 10,000 residents in all

Illinois suffered a net loss of 94,956 people in state-to-state migration last year, the highest rate in decades. That number is one part of an equation involving births, deaths and immigration from other countries that yields the overall population loss. But Illinois’ state-to-state migration loss is the biggest contributor to that overall population decline, Frey says. The last year Illinois had lost population was 1987-88

(Editor’s note: Bold added for emphasis)

The Illinois Diaspora has been a recurring-yet-unwelcome theme on Survival And Prosperity lately. I blogged as recent as January 4:

The Illinois Diaspora continues…

Gregory Karp reported on the Chicago Tribune website Friday afternoon:

Illinois was the No. 3 state in America for outbound moves in 2014, United Van Lines said Friday.

Earlier this week, Allied Van Lines said Illinois was No. 1 for outbound versus inbound moves in 2014, according to its moving data for the year. And Atlas Van Lines said Friday its data also show more people leaving the state than coming, with Illinois ranking second among states with the highest proportion of outbound moves.

Whatever, people sure seem to love to leave Illinois…

(Editor’s note: Bold added for emphasis)

I’m skeptical that a Republican governor now at the helm will be able to reverse the outflow- or the state’s fortunes- anytime soon. First, the Democrats who have mainly presided over the fiscal mess are pretty much still in power- sans Pat Quinn. Second, I’m awaiting the Rauner administration to announce down the road that “drastic times call for drastic measures” (or something like that) to bring the state’s economy back. I’m guessing those “measures” might not be too appealing to prospective Illinois residents, let alone those already here.

“I’m awaiting the Rauner administration to announce down the road that ‘drastic times call for drastic measures’ (or something like that) to bring the state’s economy back”

Anyone hear Governor Rauner’s multiple mentions of “sacrifice” in his inaugural address just the other day?

Stay tuned…

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

Source:

Editorial Board. “Goodbye, Illinois: residents are leaving for other states.” Chicago Tribune. 6 Jan. 2015. (http://www.chicagotribune.com/news/opinion/editorials/ct-illinois-census-brookings-edit-0107-20150106-story.html). 15 Jan. 2015.

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‘Earthquake Lady’ Lucy Jones Helps L.A. Prepare For ‘Big One’

The first time I mentioned Dr. Lucy Jones- aka the “Earthquake Lady”- on this blog was back on December 12, 2013. Back then, the U.S. Geological Survey seismologist was warning whoever would listen that when the “Big One” hits Southern California (59 percent chance of 7.8-magnitude San Andreas earthquake in next 30 years), the damage could be much greater and last much longer than most might imagine. But over the past year, Jones was busy helping the City of Los Angeles prepare for such a tremblor. Andrew Romano reported on the Yahoo! News website on December 12, 2014:

Her name was Lucy Jones — and as the driving force behind [L.A. Mayor Eric] Garcetti’s report, she may one day be remembered as the crusader who did more to save the earthquake-prone city of Los Angeles than anyone else. First by showing people like [L.A. Councilman Gil] Cedillo that the Big One could be 1,000 times worse than they think — and now by showing them that it doesn’t have to be.

“We can never make L.A. perfectly safe,” Jones tells Yahoo News. “But if we follow all of these recommendations, I think we will have avoided the economic collapse. I think we’ll be able to get the city up and running pretty quickly after the big earthquake. And that’s all I want.”

Jones pauses. “I’ve been looking at these problems for a third of a century,” she finally says. “This is the biggest step I’ve ever seen.”

(Editor’s note: Bold added for emphasis)

I’ve been meaning to share this piece with Survival And Prosperity readers- particularly those in Southern California- for a while now. It’s an insightful read about Dr. Jones, what Los Angeles is doing to prepare for the “Big One,” and how devastating a quake of that magnitude could be for the region and country.

You can read the entire article on the Yahoo! News website here.

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

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Chicago, Cook County, Illinois Residents: ‘Sacrifice’ Looming

A lot less government services. Much higher fees, fines and taxes.

An outcome I see for Chicago, Cook County, and Illinois residents down the road.

And based on comments made by Cook County Board President Toni Preckwinkle and new Illinois Governor Bruce Rauner yesterday, our destination is in sight. Governor Rauner said in his inaugural speech Monday:

We have an opportunity to accomplish something historic: to fix years of busted budgets and broken government; to forge a path toward long-term prosperity and a brighter future; to make Illinois the kind of state others aspire to become, a national leader in job growth and education quality.

To achieve that will require sacrifice. Sacrifice by all of us- politicians and interests groups, business and labor, those who pay for government and those who depend on government’s services. Each person here today and all those throughout the state will be called upon to share in the sacrifice so that one day we can again share in Illinois’s prosperity. We all must shake up our old ways of thinking…

The 42nd governor added later on in his address:

Illinois is our home- and right now our home is hurting. But home and family are worth sacrificing for… worth fighting for. Together, let’s do the hard work to rebuild our home…

“Sacrifice.” Call me crazy, but something tells me the burden of bailing out the “Land of Lincoln” won’t be falling upon the backs of the rich and powerful.

Cook County Board President Toni Preckwinkle also gave a speech yesterday in which she hinted at county residents having to make future sacrifices. John Byrne reported on the Chicago Tribune website Monday:

Preckwinkle gave a speech to the City Club of Chicago about her first-term achievements and laid out a blueprint for her second four years in office. Asked afterward about the likelihood she will be forced to raise taxes, Preckwinkle said only that it will be “a challenge” to meet the county’s financial obligations.

“We have significant challenges, both around the spike in our debt obligations and our pension obligations, and my charge to our chief financial officer is that he has to do everything he can to be creative in figuring out how to address these problems,” she said…

Preckwinkle crafted a $4 billion budget for 2015 that includes no new taxes, fines or fees. She has warned that the 2016 budget will be far trickier to balance because debt payments will increase and the county could need to come up with $144 million more to pay into the county workers retirement system if she gets the pension fund changes she has asked for from the General Assembly.

“I can’t predict now, because we don’t even have a pension bill, how much it’s going to cost or what it’s going to take, but it’s going to be a real challenge, I’ll say that,” she said Monday.

(Editor’s note: Bold added for emphasis)

Coupled with Chicago’s financial issues, all I can say to Chicago, Cook County, and Illinois residents at this point in time is- better start figuring out a way to cope with less government services and higher fees/fines/taxes from local and state government in the coming years. The politicians can only kick the can down the road so far.

You can read Governor Rauner’s entire inaugural address on the Chicago Sun-Times website here.

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

Source:

Byrne, John. “Preckwinkle details 2nd-term plans for Cook County.” Chicago Tribune. 12 Jan. 2015. (http://www.chicagotribune.com/news/ct-preckwinkle-second-term-agenda-met-0113-20150112-story.html). 13 Jan. 2015.

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NotifyChicago: The City Of Chicago’s Emergency Alert Program

Back when I was living in Chicago I remember reading that the city had a system in place where residents could receive alerts about emergencies going on.

I never signed up for the program, but if I were still living at my old pad on the Northwest side today, I’d give it a try.

Enter NotifyChicago. Via the City of Chicago’s Office of Emergency Management & Communications web page, under “Notification Program Overview”:

NotifyChicago

Notification Program Overview

Welcome to NotifyChicago, the City of Chicago’s tool for providing residents with direct emergency and non-emergency information. NotifyChicago is a city service that supplies residents with text messages and/or e-mail alerts for incidents/conditions such as severe weather emergencies, hazardous materials, traffic impacts, etc. Preparedness and being informed is key in an emergency. The Office of Emergency Management and Communications (OEMC) urges residents to subscribe to receive alerts sent directly to mobile phones or email accounts to stay informed. Signing up for NotifyChicago is FREE. However, depending on your service plan, you may be charged for messages and data on your devices. Contact your mobile service provider for details on costs in your plan.

How Does Notify Chicago Work?

In the event of an emergency, the city’s designated personnel will send text messages and/or e-mail alerts directly to the registered phones or email accounts using this NotifyChicago system. Non-emergency alerts may be issued for traffic disruptions to keep public informed of related major street closures or events impacting traffic. Those registering for texts/emails can choose to receive both emergency and non-emergency notifications or just emergency notices. Once registered, alerts will be sent to the mobile phone/email address designated as situations arise…

NotifyChicago sounds like a terrific tool for a Chicago worker, resident, and visitor to have access to during an emergency. I tried to find out if Cook County and the State of Illinois had similar emergency alert programs, but didn’t see any advertised on their respective web sites (I plan to investigate more).

Interested in finding out more about NotifyChicago? Head on over to the program site here.

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

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Signs Of The Time, Part 80

A couple of days ago my parents’ XFINITY TV Go (offsite cable TV viewing capability) was being streamed via computer at my home in the Chicago suburbs. Pretty neat stuff.

Imagine my surprise when a commercial for a nearby shop popped up on the TV screen- complete with a map of its location.

This happened again with an entirely different store shortly thereafter.

I have to admit- I was kind of creeped out after witnessing that on my television set.

There was just something “Orwellian” to all of it.

Time to bust out the tin foil hat, right?

I read and saw the movie 1984 back when I was in high school in the eighties. I remember thinking at that time life in America would just suck, suck, SUCK if it ever came to that.

And yet, these days, I feel the country is slowly-but-surely heading there.

The signs are all around. And the so-called “Fourth Estate” isn’t exactly helping:


“Newscasters Agree: A Christmas Present Or Two Or Ten Edition”
YouTube Video

I just hope this disturbing devolution can be reversed before it’s too late.

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

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Project Prepper, Part 32: Security First

Back in Project Prepper, Part 9 (dated February 27, 2013), I talked about the 6 “innate survival needs” that my preparedness efforts for this series of posts would focus on. Jack Spirko of The Survival Podcast (the originator of this list of needs) had “Food” at the top. I wrote:

My gut feeling tells me right now I should be focusing on “Security” before other needs. Why’s that? Because this latest push for more gun “control” that’s going on in America right now could end up limiting my access to a number of tools and other accessories that I could use to construct an effective security setup.

The push for more gun “control” in the wake of the Newtown, Connecticut, school shooting was substantial. And certain firearms, ammunition, and accessories fast became scarce. That being said, federal legislation calling for ammunition magazine and gun bans did not become law. Even so, the availability of certain items (.22 LR ammo comes to mind here) is still affected here at the beginning of 2015.

Regrettably, I believe that another mass shooting on the level of Newtown will happen again here in America. After which, there will undoubtedly be another significant push for gun “control,” and shortages of certain guns and ammo will take place once again. Taking into consideration that I also suspect firearm availability/ownership will be seriously curtailed when the nation’s “financial reckoning day” arrives (along with major civil strife), readers might understand why I’ve made “Security” my top “innate survival need.”

Now, gun “control” is a phenomenon that I am all too familiar with. When I wrote Project Prepper, Part 9, I was living at “ground zero” for gun “control” in America at that time- Chicago, Cook County, Illinois.

Regular readers know that I’ve since moved out of the city and to the suburbs.

However, I still reside in Cook County (for the time being, at least), and as such, am subject to its considerable firearm restrictions.

Despite the setbacks of 2013 and last year, anti-gun sentiment remains strong in the county and in this part of the state. While the relentless push for more gun “control” has been somewhat quiet after the November 2014 election and through the holidays, activity will no doubt pick up again soon. And the next time a major mass shooting takes place in America, I expect legislation banning particular semi-automatic firearms and ammunition magazines to be introduced in the Illinois General Assembly probably before the smoke has even cleared. Trust me- it’s ready. While such a state-level ban wouldn’t mean a whole lot to me (Cook County already has an “Assault Weapon” Ban and 10-round ammunition magazine restriction in place), who’s not to say the County goes even further in the wake of such a tragedy and attempts to ban the future acquisition/possession of semi-automatic firearms, for example? Maybe there won’t even be a grandfather clause, and all semi-autos would now be illegal?

Yep. “Security” remains numero uno on my list of “innate if survival needs.”

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

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Marc Faber, Jeremy Grantham, Jim Rogers, And Peter Schiff All Sound The Alarm

I find it both funny and disturbing that the financial types who missed the U.S. housing bubble/bust and global economic crisis that was readily-visible by the second half of 2008 are now claiming the U.S. economic “recovery” is on solid footing and there are no asset bubbles in sight.

Meanwhile, the few individuals who correctly-predicted that carnage- including Marc Faber, Jeremy Grantham, Jim Rogers, and Peter Schiff- are sounding the alarm again.

Here’s what each of these “crash prophets” have been saying lately (the following statements have all been blogged about previously on Survival And Prosperity).

Swiss-born investor and money manager Marc Faber warned CNBC Squawk Box viewers on September 19, 2014:

Today, the good news is we have a bubble in everything, everywhere- with very few exceptions. And, eventually, there will be a problem when these asset markets begin to perform poorly. The question is- what will be the catalyst? It could be a rise in interest rates not engineered by the Fed, because I think they’ll keep interests rates at zero on the Fed funds rate for a very long time… We could have essentially a break in bond markets at some point. We also could have a strong dollar. A strong dollar has already happened in the last two months signifies that international liquidity is tightening. And when that happens, usually it’s not very good for asset markets.

“A bubble in everything, everywhere.” Reminds me of what British-born investment strategist Jeremy Grantham said right before the asset bubbles popped during the “Panic of ’08.” Speaking of Grantham, he penned in his November 2014 quarterly investment letter entitled “Bubble Watch Update”:

I am still a believer that the Fed will engineer a fully-fledged bubble (S&P 500 over 2250) before a very serious decline…

My personal fond hope and expectation is still for a market that runs deep into bubble territory (which starts, as mentioned earlier, at 2250 on the S&P 500 on our data) before crashing as it always does. Hopefully by then, but depending on what the rest of the world’s equities do, our holdings of global equities will be down to 20% or less. Usually the bubble excitement – which seems inevitably to be led by U.S. markets – starts about now, entering the sweet spot of the Presidential Cycle’s year three, but occasionally, as you have probably discovered the hard way already, history can be a snare and not a help.

(Editor’s note: Bold added for emphasis)

“Fully-fledged bubble (S&P 500 over 2250) before a very serious decline…”

The S&P 500 stands at 2,058 this Sunday- only 192 points away from Grantham’s bubble “target.”

There’s also investor, financial commentator, and author Jim Rogers, who was talking U.S. equities on RT’s Boom Bust on December 26, 2014, when he remarked:

I know the bear market will come… The next bear market, Erin, is going to be much worse than the last one because the debt has gone through the roof. Debt worldwide, including the U.S., has skyrocketed, and we’re all going to have to pay a terrible price for all this money printing and all this debt.

(Editor’s note: Bold added for emphasis)

Finally, there’s Euro Pacific Capital’s Peter Schiff, who argued on The Schiff Report YouTube video blog on Halloween 2014:

When this illusion collapses, this fantasy of a U.S. economic recovery- because everybody believes there’s no recession anywhere in sight, that we’re years away from a U.S. recession- when in fact, another recession is right around the corner. And in fact, it will be worse than the recession that we had in 2008, 2009, if the Fed does not come in with QE 4…

I expect Janet Yellen to react to this coming recession the way Ben Bernanke reacted to the last one. The way Alan Greenspan reacted to the last one. Because that’s the only playbook we’ve got. And remember, when this recession starts, they can’t start with rate cuts. Rates are at zero. You can’t cut from zero. All they can do is revamp QE. And believe me, it’s going to have to be a lot bigger than QE 3. QE 4 is going to have to be bigger than QE 3 for the same reason QE 3 had to be bigger than QE 2- the economy builds up a tolerance. The more addicted to QE, the more QE you need to get any kind of result. And this last result was minimal in the real economy. I mean, yes- the Fed was able to get the stock market to go up, but the real economy never experienced any real economic growth. The average American is worse off today than when QE began. By far. Incomes are down. Real employment is down. Net worth is down. Poverty is up. Government dependency is up. The cost of living is up. Nothing has improved, except maybe the level of optimism on Wall Street…

This crisis is not really going to be about a credit crisis. Not private credit. It’s going to be about debt. Sovereign credit. It’s going to be about the dollar. A currency crisis. A sovereign crisis. Which is going to be very different than the crisis we had in 2008. It’s a crisis of an excess of QE. Of an overdose of QE. That’s the one that’s coming. That’s the one that we have to prepare for. That’s the one that I have been warning about since the beginning…

Schiff, who’s also a financial commentator and author, has been the most vocal of the four in warning of economic pain dead-ahead of us.

Jim Rogers talking the day after Christmas about the coming bear market alerted me to the fact that all these “crash prophets” whom I regularly-follow on this blog are now sounding the alarm at the same time. To summarize their recent warnings:

Marc Faber- “A bubble in everything, everywhere.” Actually, I believe he still likes Asia and Asian emerging economies.
Jeremy Grantham- “I am still a believer that the Fed will engineer a fully-fledged bubble (S&P 500 over 2250) before a very serious decline.”
Jim Rogers- “The next bear market… is going to be much worse than the last one because the debt has gone through the roof.”
Peter Schiff- “An overdose of QE. That’s the one that’s coming. That’s the one that we have to prepare for. That’s the one that I have been warning about since the beginning.”

At the start of 2015, it will be interesting to see how the next couple of years play out, for I believe Americans will get the chance to experience quite a bit of the above in that time period- whether they want to or not.

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

(Editor’s notes: 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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‘People Sure Seem To Love To Leave Illinois’

The Illinois Diaspora continues…

Gregory Karp reported on the Chicago Tribune website Friday afternoon:

Illinois was the No. 3 state in America for outbound moves in 2014, United Van Lines said Friday.

Earlier this week, Allied Van Lines said Illinois was No. 1 for outbound versus inbound moves in 2014, according to its moving data for the year. And Atlas Van Lines said Friday its data also show more people leaving the state than coming, with Illinois ranking second among states with the highest proportion of outbound moves.

Whatever, people sure seem to love to leave Illinois…

(Editor’s note: Bold added for emphasis)

So where are all those former Illinoisans heading? Oregon, North Carolina, and South Carolina according to Karp.

Oregon? Must be the dream of the 90s being alive in Portland.

Regular Survival And Prosperity readers shouldn’t be surprised to hear about any of this. I blogged back on May 13 of last year:

“Diaspora- the movement, migration, or scattering of a people away from an established or ancestral homeland.”
-Merriam-Webster Online

On April 28, I blogged about a recent Gallup poll which revealed 1 in 4 Illinois residents (25 percent) say the state is the worst place to live.

On May 1, I talked about the same poll and the finding that 50 percent of Illinois respondents said they would leave the state if given the opportunity.

I had previously discussed how Illinoisans were departing the state in significant numbers.

And this morning, I read a commentary piece on the Chicago Tribune website that provided more evidence of a “diaspora” taking place from the “Land of Lincoln.” Diana Sroka Ricker of the Chicago-based non-partisan research organization Illinois Policy Institute wrote:

A startling pair of Gallup polls recently suggested that Illinoisans are an unhappy lot. Half of us would move elsewhere if we could. One in 4 says Illinois is the worst possible place to live in the entire U.S.

Naysayers claim it’s all talk. It isn’t.

Not long after the Gallup polls came out, the Internal Revenue Service released fresh numbers showing which states people are moving to and which states people are fleeing.

Spoiler: Illinois didn’t earn any positive marks in this report, either.

According to the IRS, Illinoisans don’t just want to move; they are moving. And they’ve been moving for a long time.

From 1995 to 2010, Illinois lost more than 850,000 people to other states. That’s after you offset the number of people who actually moved in.

The bleeding is bad; on net, 1 person leaves Illinois every 10 minutes.

(Editor’s note: Bold added for emphasis)

I’m skeptical that a Republican governor now at the helm will be able to reverse the outflow- or the state’s fortunes- anytime soon. First, the Democrats who have mainly presided over the fiscal mess are pretty much still in power- sans Pat Quinn. Second, I’m awaiting the Rauner administration to announce down the road that “drastic times call for drastic measures” (or something like that) to bring the state’s economy back. I’m guessing those “measures” might not be too appealing to prospective Illinois residents, let alone those already here.

As for me? Permanent residency in Wisconsin is still a possibility, with the move depending quite a bit on how the “Land of Lincoln” fares in the next few years. If it all goes to crap, then there’s a good chance I’ll be seeking refuge behind the “Cheddar Curtain.”

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

Source:

Karp, Gregory. “Another moving survey shows people leaving Illinois.” Chicago Tribune. 2 Jan. 2015. (http://www.chicagotribune.com/business/breaking/ct-illinois-outbound-moves-0103-20150102-story.html). 3 Jan. 2015.

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Over 102,000 Illinois Concealed Carry Licenses Applied For In 2014

Curious as to how the new concealed-carry permit program in Illinois did in 2014? Me too. The last time I blogged about the new Illinois Concealed Carry Licenses was back on August 11, when the initial surge of applications was finally settling down. Molly Parker reported on the The Southern Illinoisan (Carbondale) website on August 10:

The state issued a total of 68,549 permits statewide between February and July according to state statistics provided by Rep. Brandon Phelps, D-Harrisburg, one of the new law’s chief architects…

North of 68,000 concealed-carry licenses issued. Not too shabby.

But then I saw the following on the shooting sports news website AmmoLand.com earlier this evening. From Illinois State Rifle Association executive director Richard Pearson in his “Director’s Message” for January 2015:

Last week I learned there were over 102,000 concealed carry licenses that had been applied for (we made the 100,000 goal for applications the first year). That means over 102,000 people have gone through training in less than a year. That does not count all the instructors who have also received instructor training, and those family and friends that have learned from the new Illinois Concealed Carry License holder. Then there are those who have received more advanced training.

I estimate that around 500,000 people in Illinois are newly exposed to firearms and firearm safety. That is significant…

(Editor’s note: Bold added for emphasis)

Over 100,000 concealed-carry license applications submitted in the initial year for the program. That’s pretty impressive.

And streets in the “Land of Lincoln” aren’t running with rivers of blood. Even more amazing (wink).

You can read the rest of Pearson’s piece on the AmmoLand website here.

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

Source:

Parker, Molly. “Process for getting a concealed-carry permit eases.” The Southern Illinoisan. 10 Aug. 2014. (http://thesouthern.com/news/local/process-for-getting-a-concealed-carry-permit-eases/article_0d899d36-b9bc-5500-b3b8-3ffe754ca49c.html). 2 Jan. 2015.

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Friday, January 2nd, 2015 Firearms, Government, Self-Defense, Training No Comments

Happy New Year

Just wanted to wish Survival And Prosperity readers a Happy New Year if you celebrate it on January 1.

In 2015, I’ll be striving to provide even more insight on this blog into “protecting and growing self and wealth in these uncertain times.”

Speaking about “uncertain times,” I still see America’s “financial reckoning day” down the road. I wish it wasn’t so, I don’t see it being the end of the world, but I believe the point-of-no-return for fixing what’s wrong has come and gone.

Regrettably, Washington and the Fed papering over the mess that became readily apparent to many by the autumn of 2008 only makes the coming crash that much more ugly.

Life is going to get a whole lot tougher for many Americans very soon. If I could have one more wish for the new year besides peace and prosperity for all mankind, it would be this:

Take advantage of this relative calm before the storm to try and blunt the pain I see ahead of us.

As such, I’ll be there in 2015 to point out signs of the coming carnage and to share insights into maintaining/improving one’s way of life in the face of such adversity.

Happy New Year,

Christopher E. Hill
Editor

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Signs Of The Time, Part 79

Not really surprised to hear of the following coming out of the “Big Apple.” Larry Celona, Shawn Cohen, and Bruce Golding reported over on the New York Post website last night:

It’s not a slowdown — it’s a virtual work stoppage.

NYPD traffic tickets and summonses for minor offenses have dropped off by a staggering 94 percent following the execution of two cops — as officers feel betrayed by the mayor and fear for their safety, The Post has learned…

Angry union leaders have ordered drastic measures for their members since the Dec. 20 assassination of two NYPD cops in a patrol car, including that two units respond to every call.

It has helped contribute to a nose dive in low-level policing, with overall arrests down 66 percent for the week starting Dec. 22 compared with the same period in 2013, stats show…

(Editor’s note: Bold added for emphasis)

A number of observers claim Bill de Blasio ran his campaign for Mayor of New York City on an anti-police platform.

And he was subsequently elected.

It’s also been pointed out that anti-cop sentiment could be found among/around de Blasio staffers. Chuck Ross reported on the Daily Caller website on December 23:

Kicy Motley, the director of the Brooklyn community affairs unit working for New York City mayor Bill de Blasio, has a history of making anti-cop statements, and Rachel Noerdlinger, the former chief of staff to de Blasio’s wife, lived with a convicted killer who has expressed a deep dislike for police officers…

I guess it could be argued that the New York Police Department is merely providing the kind of policing a number of de Blasio supporters and residents have been asking for- in a sense.

The thing is, I’m pretty sure the majority of New Yorkers don’t support the cop haters (it’s one thing to peacefully protest against perceived police brutality- it’s another to foster, promote, and carry out violence against law enforcement officers).

In the case of NYC, I think it’s a matter of “the squeaky wheel gets the grease.”

Although New York’s Finest might emphasize a different saying with respect to the ongoing work slowdown:

“Elections have consequences.”

Indeed they do.

Should make for an interesting New Year’s Eve at Times Square. Hope the bad guys/terrorists don’t take advantage of the situation though…

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

Sources:

Celona, Larry, Cohen, Shawn, and Golding, Bruce. “Arrests plummet 66% with NYPD in virtual work stoppage.” New York Post. 29 Dec. 2014. (http://nypost.com/2014/12/29/arrests-plummet-following-execution-of-two-cops/). 30 Dec. 2014.

Ross, Chuck. “FLASHBACK: De Blasio Aide Tweeted ‘F***. The. Police,’ Another Dated Anti-Cop Ex-Con.” The Daily Caller. 23 Dec. 2014. (http://dailycaller.com/2014/12/23/flashback-de-blasio-aide-tweeted-f-the-police-another-dated-anti-cop-ex-con/). 30 Dec. 2014.

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