Main Street

Survey: Illinois Runner-Up State For ‘Worst Climates For Small Business’

Continuing Tuesday’s discussion about Illinois not being business friendly, I spotted a piece last night on the MarketWatch website entitled, “The best state and city for small business are…” Caitlin Huston reported yesterday afternoon:

The best state for small business owners is Texas and the worst is Rhode Island, according to an annual survey revealed Tuesday.

The survey, conducted by technology marketplace Thumbtack, contends that the friendliest states and towns for small businesses offer easier or non-existent licensing requirements. On a city basis, the report called Manchester, N.H., the best and Hartford, Conn., the worst for small-business climate…

Huston noted that survey responses came from 17,633 small businesses, with most having 5 or fewer employees.

As for Illinois? It’s the state runner-up under the “Worst Climates for Small Business” category, losing out to Rhode Island but ahead of Connecticut, California, and New York, in that order.

From the Thumbtack.com survey web page:

Small business owners gave California, Connecticut, Illinois, and Rhode Island an “F,” while Massachusetts, Maryland, and New York earned a “D” grade…

(Editor’s note: Bold added for emphasis)

Digging deeper into the Thumbtack.com Small Business Friendliness Survey, the “Land of Lincoln” received an “F” for “ease of starting a business” and “overall friendliness.”

Nice. Real nice. Congratulations Illinois policymakers (not Rauner’s fault)- local and at the state level- on a “job” well done.

Then again, what would one expect from folks (not all of them, to be fair) who have never started/run a business in their lives?

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

Source:

Huston, Caitlin. “The best state and city for small business are…” MarketWatch. 18 Aug. 2015. (http://www.marketwatch.com/story/the-best-state-and-city-for-small-business-are-2015-08-18). 19 Aug. 2015.

Tags: , , , , , , , , , , , , ,

Wednesday, August 19th, 2015 Business, Government, Main Street No Comments

The Survival Podcast’s Jack Spirko On Nationwide Riots

If you’ve been following the news the last couple of days, you’re probably aware of the renewed tension in Ferguson, Missouri, on the first anniversary of the riot there. Back when I started this blog in 2010, I suspected civil strife would pick up due to worsening financial conditions and other developments.

Regrettably, I think Ferguson is just the tip of the iceberg.

I’m not the only one who sees more civil disturbance on the way. Modern survivalist and host of The Survival Podcast Jack Spirko has been issuing warnings as of late. And I’ve been listening attentively. Back on May 20 I blogged:

Speaking of The Survival Podcast, I was listening to a different episode (number 1566, “What the Baltimore Riots Say about our Future”) some time back and took note of some advice host Jack Spirko shared with listeners. He warned on April 28:

You know those trendy areas in downtown that everybody thinks are great places to live as a hipster, because you can walk to the donut shop and the coffee shop? Sooner or later in most of our big cities those are going to be burned to the ground. Don’t live there. Don’t live there. One more time, don’t live there. Get out of the urbanized areas. I don’t care how you do it, just do it. You’re better off anyway…

Spirko added later in the podcast:

I wish I had better news for you. I wish I could tell you that this is an isolated incident. But here’s what I believe. The potential for this type of a riot exists in every major city in America. And it actually would be relatively easy to set them off like fires. It really would. I think the right people, with the right messaging, the right agitation, the right insiders, could cause a riot like this in any city with a population over 500,000 in America today. And quite a few smaller venues too. I really do. That should scare the shit out of you. But the response should scare you even more. It’s not going to be pretty. That’s why you need to be prepared…

Spriko wasn’t about to leave listeners “hanging” on this topic, so on July 29 he released episode 1614, “The Danger Of Nationwide Riots.” From that show:

So here’s what I think you need to do for your own protection. Number one, you need to be at some level of in touch with your local law enforcement. Sheriff’s department, local PD, whatever. You need people that will tell you what they know if things are starting to go sideways. And they will know when they start to go sideways long before a TV says so. You need to be paying attention to chatter with a police scanner or a scanner app or something like that in your general community on an ongoing basis. Just once in a while. Couple times a day just checking in to see what’s going on. Some local PDs have like online now where you can go online and see all the police activity…

The closer you live to a city, the more you need to have a plan to eventually say, “As much as I want to stay and defend my home, it’s not worth it, I’m leaving.” And I know the survivalist mentality is strong in our community. And I will stay here, I will pick up my guns, I will do no harm to anybody, but if you come here and take what I have, I will lay you flat out. I know that is in you, because it’s in me. I mean, that’s how I feel. And in many instances, it’s the course I would take. You can do whatever you want until you mess with me or my neighbors and then it’s on bitches. But you have to think about the result. If your home’s burnt to the ground, that’s what insurance is for… And I would rather rebuild my life with fire insurance, than I would want to try to rebuild my life from behind the bars of a penitentiary, which is a place you may end up if you take that stance. There may come a time when you have to, where you have no choice… I mean what you need is a neighborhood banded together. You’ve seen the signs after hurricanes and stuff- 20, 30 friggin’ rednecks with guns. “You loot, we shoot.” Usually that is enough to defer and cause avoidance. But the closer you live, the less likely that is to be. So the closer you are in, the more you need to have a plan to bug out, which you should have anyway because hurricanes, tornadoes, fires, they are also reasons you might have to bug out. Illnesses, pandemic… There’s times getting out of the way make sense.

You also have to have a good, solid bug-in plan. The bug-in plan is the most important plan you need for this. For most of us, we do not live in the streets where these types of things actually happen. The spillover into suburbs, etcetera will be limited. And it will be more like one-off type things. It will not be wholescale rioting. The safest course of action for most people is going to be for a month or more to hunker down, live off of what you have, go out as little as possible, coordinate with your neighbors, coordinate with what’s left of local law enforcement, and wait this thing out if it happens. It’s going to be the most sane, rational thing that you can do. It going to be the only way no matter how good your intentions are you’re not going to be part of one of the groups pouring gasoline on the fire. So the bug-in plan is important, which means all your basic preps- food, water, energy, medical, health, etcetera. It means if you live in a city that is particularly vulnerable to this and you work where they will be a problem, or you’d have to cross the problem to get to work, this is the time now to start talking to your boss about and say, “Hey look, if something did go sideways in this town, don’t you think it would make sense if we had ways for our people to work remotely, so that the company’s operations can continue, but nobody’s life had to be at risk.”

You need to be tied in to your neighbors. You need to have agreements with your neighbors… There’s some neighbors you really can’t go deep with them about this, but you just need to know them. What’s their name? What’s their spouse’s name? When do they work? When do they come home? What are they like? So when this stuff starts to go sideways, instead of telling them it may go sideways, it’s going sideways right now, let’s work together to protect our neighborhood. You need to be part of your neighborhood, part of your community. Whether it’s a rural one or an urban dense one, doesn’t matter. You need to know as many people’s names as possible.

You need to be trained in self-defense and you need to be armed. In spite of what I said about the fact that you could get into a situation where if you defend yourself you could be prosecuted, there’s a point at which that goes out the window. When you legitimately feel that your life or the life of a loved one is being threatened, and lethal force is the only alternative, the time to use it is two-and-a-half seconds ago. But you can’t go back two-and-a-half seconds so the time is now…

But overall what you need is a plan… I don’t know anything about you individually, okay? So in the end, you have to say to yourself, “Self, this is something that could happen. If it did, near me, what would we do, and when would we act.” In other words, when would we say, “Okay, nobody is going to school or work.” What would be the level of danger that we would have a clearly-defined border, and once that occurred, how long could we be okay? How long would we be alright?… If we did leave where would we go? What would be our basic rules of engagement? When would we act? Who would I contact first in the neighborhood? What would I say? You just need to mentally run the scenario in your head. Not to the point where you start to fear from it or have apprehension from it. Just to the point where if it does occur, it’s not like, “Holy shit, what do I do now?” like you’ve never thought about it before. See, that’s the big thing I want to leave you with today… What matters is that you’ve mentally drilled into yourself that there’s something I can do and these are the things that I would do. That’s what makes you able to adapt and survive.

Whew. Wise words from Spirko on dealing with a disturbing event that I predict Americans will be experiencing more frequently in the coming years.

You can listen to episode 1614 in its entirety here, and episode 1566 here, on the The Survival Podcast website.

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

Tags: , , , , , , , , , , , , , , , , , , ,

Rich Dad Author Robert Kiyosaki: ‘I’d Rather Have Gold And Silver And Guns And Bullets’

“Gold futures settled near a five-and-a-half week low on Friday, with expectations that the U.S. Federal Reserve will soon lift interest rates helping to send prices down for a fifth straight week…”

-MarketWatch website, July 24, 2015

“Gold is doomed”

The Washington Post website, July 25, 2015

Back in February, I blogged about Robert Kiyosaki, an American entrepreneur, educator, investor, and author of the New York Times best-selling book Rich Dad Poor Dad. Kiyosaki appeared on the Alex Jones Show on February 17, 2015, and warned viewers:

It doesn’t make me happy that I’m getting richer and richer, and I see my friends getting poorer and poorer. I’m very concerned right now about my generation- the Baby Boom generation, the biggest generation in history. And they bought that program of put all your money in a 401(k) and invest for the long term. Now, I wrote a book called Rich Dad’s Prophecy back in 2002. That was 13 years ago. And I said the biggest stock market crash in the history of the world was coming in 2016. I was kind of guessing. But unfortunately, I didn’t write it to be right. I wrote it out of concern. If I’m correct that in 2002 what I said the biggest market crash was coming in 2016, that means millions and millions of Baby Boomers, their kids, their grandkids, will feel the effect of that when their retirement savings are wiped out. I hope I’m wrong. But so far, my numbers look accurate and it’s holding course right now. So I don’t write because I want to be rich or poke fun or want to be righteous. I am rather concerned about my fellow citizens.

Kiyosaki revealed one way he was preparing for the crash while discussing his new book, Second Chance: for Your Money, Your Life and Our World. From the exchange:

I like silver personally. I love gold. I have a lot of gold and silver.

While there’s no shortage of precious metals bears these days, Kiyosaki remains bullish on gold and silver- in addition to two other “metals.” In a Palisade Radio interview uploaded onto YouTube on June 28, he told viewers:

You should buy gold and silver because eventually the tug of war between deflation and inflation, somebody’s going to quit, and I think it’s going to be hyperinflation. So that’s why gold and silver make sense to me…

So I’m pretty optimistic. I’m going to make even more money when the crash comes. But unfortunately, like I said, for those who are not prepared, gold and silver are probably the best investments. But you have gold and silver, two other precious metals, guns and bullets (laughing). The reason for that, I laugh about it, but my friend reminds me of this. He says you rich guys can buy gold and silver. Poor guys buy guns and bullets. So I can understand that mentality is this gap between the 1 percent and the 99 percent. I’d rather have gold and silver and guns and bullets. This is why I don’t live in California (laughing). I live in Arizona, where they already respect guns and bullets.


“Robert Kiyosaki: Biggest Stock Market Crash in History Coming in 2016 – June 28, 2015”
YouTube Video

According to Kiyosaki, 2016 to 2030 is “going to be very tumultuous.”

Christopher E. Hill
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)

Tags: , , , , , , , , , , ,

Quote For The Week

“A financial crisis is a great time for professional investors and a horrible time for average ones.”

Robert Kiyosaki (American financial literacy activist, businessman, investor, and author of Rich Dad Poor Dad. 1947- )

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

Tags:

Sunday, June 21st, 2015 Investing, Main Street, Wall Street No Comments

Marc Faber: ‘I Think We Could Very Well Be In A Recession In The U.S. Within 6 Months’

Swiss-born investment advisor/money manager Marc Faber was on the phone with Brian Sullivan of the CNBC TV show Training Nation earlier today. The topic was the Federal Reserve. Responding to Sullivan’s assertion that the U.S. economy has “done well,” the publisher of the monthly investment newsletter The Gloom Boom & Doom Report replied:

But I don’t think the U.S. economy is doing particularly well. One of the problems is affordability and cost of living increases. For most households, the cost of living has gone up very substantially, and so their spending power is limited. In addition to that, if you look at tax revenues in the U.S., corporate tax as a percent of GDP is essentially flat. However, what has gone up a lot as a percent of GDP- individual taxes. So, it has some negative impact on the economy, and I think we could very well be in a recession in the U.S. within 6 months.

(Editor’s note: Bold added for emphasis)


“Marc Faber on the Fed”
CNBC Video

To be fair, while Dr. Faber is noted for making some great money-related calls (he’s famous for advising clients to get out of the U.S. stock market one week before the October 1987 crash), from a Survival And Prosperity post back on May 30, 2012:

“Doctor Doom” Marc Faber did a live interview on CNBC’s Fast Money last Friday in which he warned of a fast-approaching global economic recession. Here is an excerpt from the exchange between the Swiss-born investment adviser/fund manager and CNBC’s Scott Wapner:

WAPNER: You’re not looking for a recession though here in the United States, are you?
FABER: Well, I think that we could have a global recession sometime, say, starting in the 4th quarter of this year, early 2013. Yes, that’s a distinct possibility.
WAPNER: Where would you put it at, if it’s on a scale of, say what, 50 percent possibility, 1 in 3 chance? Where would you rate it?
FABER: I would rate it at 100 percent certainty…

(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)

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

Tags: , , ,

Tax Hikes Coming As Illinois Public Pension Crisis ‘Fix’ Shot Down By State Supreme Court?

This weekend Illinoisans heard about the Friday ruling by the Illinois Supreme Court on a law that was celebrated by many as a big step in resolving the state’s well-publicized public pension crisis. Rick Pearson and Kim Geiger reported on the Chicago Tribune website Friday:

The Illinois Supreme Court on Friday unanimously ruled unconstitutional a landmark state pension law that aimed to scale back government worker benefits to erase a massive $105 billion retirement system debt…

At issue was a December 2013 state law signed by then-Democratic Gov. Pat Quinn that stopped automatic, compounded yearly cost-of-living increases for retirees, extended retirement ages for current state workers and limited the amount of salary used to calculate pension benefits.

Employee unions sued, arguing that the state constitution holds that pension benefits amount to a contractual agreement and once they’re bestowed, they cannot be “diminished or impaired.” A circuit court judge in Springfield agreed with that assessment in November. State government appealed that decision to the Illinois Supreme Court, arguing that economic necessity forced curbing retirement benefits.

On Friday the justices rejected that argument, saying the law clearly violated what’s known as the pension protection clause in the 1970 Illinois Constitution…

(Editor’s note: Bold added for emphasis)

Can’t say I was too surprised to hear that ruling handed down.

As for the ramifications on Main Street? Pearson and Geiger added:

The ruling means Republican Gov. Bruce Rauner and the Democrat-controlled General Assembly will have to come up with a new solution after justices appeared to offer little in the way of wiggle room beyond paying what’s owed, which likely would require a tax increase. Coming up with a way to bridge a budget gap of more than $6 billion already was going to be difficult with little more than three weeks before a scheduled May 31 adjournment, and now the pension mess has been added to the mix.

Rauner, who argued during last year’s campaign that the law was unconstitutional and didn’t go far enough to reduce the pension debt, said the court ruling only reinforces his approach of getting voters to approve a constitutional amendment that “would allow the state to move forward on common-sense pension reforms.”

(Editor’s note: Bold added for emphasis)

“A constitutional amendment”

I’m not so sure how that would work out. Consider what Natasha Korecki reported over on the Chicago Sun-Times website Friday:

But it was unclear how such an amendment would help solve the crisis. It arguably could not bring savings because, according to the court ruling, a new law cannot retroactively affect those who are already in the system, said Charles N. Wheeler III, Director of the Public Affairs Reporting program at the University of Illinois at Springfield…

“Likely would require a tax increase”

I suspect- as Survival And Prosperity has been warning for some time now- that Illinoisans will soon be hit with significantly-higher taxes as a consequence of those $6 billion state budget and $105 public pension gaps. Korecki added:

An Illinois Supreme Court ruling that struck down a pension reform law on Friday could have just opened the door even wider to the prospect of deep cuts to services and new taxes for Illinois residents.

With only three weeks left until lawmakers have to pass a balanced budget, legislators now have even more political cover to raise taxes and cut spending following the high court’s decision that it was unconstitutional for the state to pare back promised pension benefits for state employees…

“This ensures that however we resolve this, the citizens of Illinois will be paying more for less service from the state of Illinois,” Kent Redfield, professor emeritus of the University of Illinois at Springfield, said of Friday’s ruling. “I think that’s an inevitable outcome from this.”

(Editor’s note: Bold added for emphasis)

“Less government services. Higher fees, fines, and taxes.”

Something I’ve kept warning about on this blog, with regular observers of Springfield now talking it about these days (if they weren’t already).

I wonder to what extent Illinoisans have prepared/are preparing for such a scenario? I’ll be talking more about this later.

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

Sources:

Pearson, Rick and Geiger, Kim. “Illinois Supreme Court rules landmark pension law unconstitutional.” Chicago Tribune. 8 May 2015. (http://www.chicagotribune.com/news/local/politics/ct-illinois-pension-law-court-ruling-20150508-story.html#page=1). 11 May 2015.

Korecki, Natasha. “State Supreme Court pension ruling provides political cover to cut more, tax more.” Chicago Sun-Times. 8 May 2015. (http://chicago.suntimes.com/politics/7/71/590030/state-supreme-court-pension-ruling-provides-political-cover-cut-tax). 11 May 2015.

Tags: , , , , , , , , , , , , , , , , , , , , , ,

Chicago-Area Democrats Push To Expand ‘Assault Weapons’ Ban Throughout Illinois

After a federal court upheld an “assault weapons” ban by the City of Highland Park, gun “control” supporters in Chicago’s far north suburbs are trying to expand the ban on these military-pattern semi-automatic rifles throughout the state of Illinois- under the guise of “local control.” Deb McCarver reported on the Illinois Senate Democrats website Tuesday:

In response to a recent federal court ruling in support of Highland Park’s assault weapons ban, state Senator Julie Morrison introduced a measure to restore the right to ban assault weapons to every city and village in the state.

“This is about local control,” the Deerfield Democrat said. “Highland Park decided to protect its citizens by banning assault weapons. Every other city and village in Illinois should have that same right.”

The highly controversial 2013 law that allowed Illinois residents to carry concealed weapons also prohibited local governments from banning assault weapons…

(Editor’s note: Bold added for emphasis)

According to the “synopsis” of Illinois Senate Bill 2130:

the Firearm Owners Identification Card Act. Deletes provision that the regulation of the possession or ownership of assault weapons are exclusive powers and functions of this State. Deletes provision that any ordinance or regulation, or portion of that ordinance or regulation, that purports to regulate the possession or ownership of assault weapons in a manner that is inconsistent with the Act, shall be invalid unless the ordinance or regulation is enacted on, before, or within 10 days after the effective date of Public Act 98-63 (July 9, 2013). Deletes provision that any ordinance or regulation described in the stricken provision enacted more than 10 days after the effective date of Public Act 98-63 is invalid. Effective immediately…

This Tuesday I noted something Robert McCoppin reported on the Chicago Tribune website April 28. From his piece:

A federal court Monday upheld Highland Park’s ban on assault weapons — possibly setting the stage for a showdown over the issue before the U.S. Supreme Court…

Illinois State Rifle Association Executive Director Richard Pearson said he was confident the law could be overturned on appeal to the Supreme Court, but the National Rifle Association would have to decide whether to make a costly appeal.

“The Second Amendment is about the right to keep and bear arms,” Pearson said. “The government doesn’t get to pick the list.”

After Senator Morrison’s action- supported by Highland Park Mayor and Democratic candidate for Congress (10th Congressional District) Nancy Rotering (as evidenced later on in that McCarver piece)- don’t be surprised if an appeal is now launched by pro-gun rights forces- costs be damned.

As for Highland Park, which is making a strong bid for wrestling away the title of “Ground Zero for Gun ‘Control’” from Oak Park, Illinois, these days, I suspect they could be on the hook for some astronomical legal fees after all is said and done.

You can track the status of SB2130 on the Illinois General Assembly website here.

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

Source:

McCarver, Deb. “Morrison: Illinois should let cities ban assault weapons.” Illinois Senate Democrats. 5 May 2015. (http://www.illinoissenatedemocrats.com/index.php?option=com_tag&task=tag&tag=sb2130). 7 May 2015.

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Most Americans’ Incomes Fell Last Year, Except For Highest Earners

Here’s some economic data many Americans might not be too pleased to learn about. From an April 2 new release on the U.S. Department of Labor, Bureau of Labor Statistics website, entitled “Consumer Expenditures Survey Midyear Update News Release”:

Average incomes fell for a second year, showing a decrease of 0.9 percent…

(Editor’s note: Bold added for emphasis)

The BLS pointed out that average income before taxes suffered a -.9 percent change between July 2012-June 2013 ($65,029) and July 2013-June 2014 ($64,432)

The news release also illustrated the percent change in income before taxes between July 2012-June 2013 and July 2013-June 2014 for five different U.S. income quintiles. It wasn’t pretty:

• Lowest 20th percentile, $10,174 to $9,818, -3.5 percent
• Second 20th percentile, $27,094 to $26,369, -2.7 percent
• Third 20th percentile, $47,017 to $45,724, -2.8 percent
• Fourth 20th percentile, $75,990 to $74,410, -2.1 percent
• Highest 20th percentile, $164,647 to $166,048, 0.9 percent

A number of entities are using the data in an attempt to demonstrate growing income inequality in the U.S.

However, I see these numbers and think, further evidence of America’s poor economic health.

You can view the entire news release on the BLS website here.

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

Tags: , , , ,

Monday, April 6th, 2015 Government, Income, Main Street, Wealth No Comments

Judicial Watch: 165,900 Convicted Criminal Aliens Released Throughout U.S. By Immigration And Customs Enforcement

Security and self-defense are often on my mind these days. Even more so after reading the following yesterday on the website of Judicial Watch, a Washington, D.C.-based conservative, non-partisan educational foundation. From their “Press Room”:

Judicial Watch today released 76 pages of Department of Homeland Security (DHS) documents revealing that as of April 26, 2014, Immigration and Customs Enforcement (ICE) had released 165,900 convicted criminal aliens throughout the United States, including many convicted of such violent crimes as homicide, sexual assault, kidnapping, and aggravated assault. (Reports recently detailed that ICE released another 30,000 in the most recent fiscal year, which brings the grand total of known criminals released by the Obama administration to 195,900.)

The documents were released through a July 21, 2014, Freedom of Information Act (FOIA) lawsuit (Judicial Watch v. U.S. Department of Homeland Security (No. 1:14-cv-01237)) filed by Judicial Watch…

The ICE documents confirm a May 2014 Center Immigration Studies (CIS) report showing that in 2013 ICE freed 36,007 convicted criminal aliens, who had nearly 88,000 convictions, including 193 homicide convictions, 426 sexual assault convictions, and 303 kidnapping convictions.

As has been previously reported, and is evidenced in these documents, the 36,007 criminal aliens freed by ICE in 2013 were just the tip of the iceberg. In a DHS “Overview of ICE” document marked “FOR OFFICIAL USE ONLY,” the following figures are reported through April 26, 2014 [NOTE: “Final Order” indicates the illegal aliens were ordered to leave the country, but have not done so and remain free]:

• Non-Detained Final Order Convicted CRIMINAL 165,950
• Non-Detained Final Order NON CRIMINAL 706,950
• Non-Detained Final Order TOTAL 872,900

(Editor’s note: Bold added for emphasis)

The Chicago Crime Commission recently pointed out:

There are an estimated 70 to 100 gangs in the Chicago metropolitan area with a membership of between 68,000 to over 150,000.

“68,000 to Over 150,000” gangbangers in the Chicagoland area.

And now ICE releases 165,900 convicted criminal aliens throughout the country, with a good number of them likely headed to the nearby “sanctuary city” of Chicago and its suburbs- where I live.

Yeah, I’d be a fool to not be at least a little concerned about the safety of my loved ones or myself in light of all this disturbing information.

You can read the entire press release on the Judicial Watch site here.

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

Tags: , , , , , , , , , , , , , , , , , , , ,

Latest On Proposed Ban Of Common AR-15 Rifle Ammunition

Back on February 16, I blogged about the push by the Bureau of Alcohol, Tobacco, Firearms, and Explosives (BATFE) to ban common M855 ball ammunition (or SS109 as it’s sometimes referred to) for the AR-15, a semi-automatic rifle incredibly-popular with America’s shooting community. The National Rifle Association’s Institute for Legislative Action (NRA-ILA) charged on February 13:

In a move clearly intended by the Obama Administration to suppress the acquisition, ownership and use of AR-15s and other .223 caliber general purpose rifles, the Bureau of Alcohol, Tobacco, Firearms and Explosives unexpectedly announced today that it intends to ban commonplace M855 ball ammunition as “armor piercing ammunition.” The decision continues Obama’s use of his executive authority to impose gun control restrictions and bypass Congress…

Earlier today, I tuned in to the Mrgunsngear Channel on YouTube.com, and noticed Mrgunsngear had uploaded a video this weekend in which he discussed the latest developments going on with the proposed ban of “the second-most common ammo sold for the AR-15”:


“Is M855/SS109 5.56 Banned Already?
**Edit—Update With Current Latest Info At End…”
YouTube Video

Personally, I suspect the proposed (current?) ban is simply more “backdoor” gun “control” coming out of the White House. Remember what I wrote back on May 31, 2011:

This report comes after a recent Washington Post piece that was published on April 11th by Jason Horowitz in which President Obama is alleged to have said his administration was working on gun control “under the radar.” Horowitz wrote:

On March 30, the 30th anniversary of the assassination attempt on President Ronald Reagan, Jim Brady, who sustained a debilitating head wound in the attack, and his wife, Sarah, came to Capitol Hill to push for a ban on the controversial “large magazines.” Brady, for whom the law requiring background checks on handgun purchasers is named, then met with White House press secretary Jay Carney. During the meeting, President Obama dropped in and, according to Sarah Brady, brought up the issue of gun control, “to fill us in that it was very much on his agenda,” she said.

“I just want you to know that we are working on it,” Brady recalled the president telling them. “We have to go through a few processes, but under the radar.”

In the meeting, she said, Obama discussed how records get into the system and what can be done about firearms retailers. Her husband specifically brought up the proposed ban on large magazine clips, and she noted that even former vice president Dick Cheney had suggested that some restrictions on the clips might make sense.

“He just laughed,” Sarah Brady said approvingly of the president. Both she and her husband, she emphasized, had absolute confidence that the president was committed to regulation.

(Editor’s note: Bold added for emphasis)

“We have to go through a few processes, but under the radar.”

That’s how this administration is going to roll, especially after those gun and ammunition magazine ban setbacks at the federal level post-Newtown.

That being said, gun “control” supporters will be ready to breach the “front door” with the next major mass shooting/casualty event. Readers may recall my February 18 post about the Large Capacity Ammunition Feeding Device Act (bans ammunition magazines accepting more than 10 rounds) already introduced in the U.S. House and Senate (H.R. 752 and S. 407, respectively).

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

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Illinois Democrat Introduces Statewide Gun Registration, Ammo ‘Control’ Bill

“A list, record, or registry of legally owned firearms or law-abiding firearm owners is not a law enforcement tool and can become an instrument for profiling, harassing, or abusing law-abiding citizens based on their choice to own a firearm and exercise their Second Amendment right to keep and bear arms as guaranteed under the United States Constitution. Further, such a list, record, or registry has the potential to fall into the wrong hands and become a shopping list for thieves.”

-State of Florida Statutes, 790.335 Prohibition of registration of firearms; electronic records

The push for more gun “control” is on the march in the “Land of Lincoln.”

Last year around this time, State Representative Kelly Cassidy (D-Chicago) spearheaded statewide gun registration and ammunition “control” in Illinois with HB4715. Creating the “Firearms Registration Act,” the legislation eventually went nowhere.

This time around, State Senator Jacqueline Y. Collins (D-Chicago) is the torch-bearer of more gun and ammo “control” in the Midwestern state, filing the resurrected Firearms Registration Act legislation in the Senate (SB1413) on February 20. From a synopsis of the bill over on the Illinois General Assembly website:

Creates the Firearms Registration Act. Provides that every person in the State must register each firearm he or she owns or possesses in accordance with the Act. Provides that a person shall not purchase or possess ammunition within this State without having first obtained a registration certificate identifying a firearm that is suitable for use with that ammunition, or a receipt demonstrating that the person has applied to register a suitable firearm under the Act and that the application is pending. Provides that the Department of State Police must complete a background check of any person who applies for: (1) a registration certificate for a firearm that was lawfully owned or possessed on the effective date of the Act, was brought into the State by a new resident, or was acquired by operation of law upon the death of the former owner; or (2) a renewal of a registration certificate unless, within 12 months of the date the renewal application is submitted, the applicant passed a background check conducted by the Department in connection with the applicant’s acquisition of another firearm. Provides exceptions. Amends the Criminal Code of 2012. Provides that it is a Class 2 felony to sell or transfer ownership of a firearm to another person without complying with the registration requirement of the Firearms Registration Act.

(Editor’s note: Bold added for emphasis)

Before Illinois gun owners dismiss the chances of such legislation becoming law in the state, it should be noted that:

• 2014 was as an election year for state senators and representatives
• Illinois Democrats maintain a veto-proof supermajority in both chambers of the Illinois General Assembly in 2015- 71 Democrats to 46 Republicans in the House and 39 Democrats to 20 Republicans in the Senate
• A future mass shooting along the lines of Newtown or some other mass casualty event on American soil “featuring” firearms could be all it takes for the public to get behind the Firearms Registration Act

For more information about Illinois Senate Bill 1413 and to track its status, you can visit the Illinois General Assembly website here.

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

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Quote For The Week

“Probably the greatest harm done by vast wealth is the harm that we of moderate means do ourselves when we let the vices of envy and hatred enter deep into our own natures.”

-Theodore Roosevelt (26th U.S. President. 1858-1919)

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

Tags: ,

How To Survive A Mall Shooting

If you’ve been following the news the last couple of days, you might have heard about the threat by the terrorist group Al-Shabaab against a particular “family” of shopping malls (blogged about this Sunday). The more I thought about the potential for a mall shooting, the more I wondered if there was anything out in cyberspace that might assist readers in surviving an active shooter situation within this type of environment. Enter SPIKE’s TV series Surviving Disaster from a couple of years back (blogged about here). In particular, the episode entitled “Mall Shooting.” For those of you who’ve never heard of the television series, from the SPIKE website:

What will you do when disaster strikes? Spike TV’s new original series Surviving Disaster, led by Navy SEAL Cade Courtley, vividly takes viewers through catastrophic scenarios and arms them with the knowledge needed to survive the unthinkable. Courtley tackles worst-case scenarios and equips viewers with the practical information needed to save their own lives and the lives of their loved ones. Whether the threat is natural or man-made or on a national or personal level, Courtley speaks directly to the viewers and guides them through a comprehensive, step-by-step process to not only survive the big picture disaster, but endure the many dangerous obstacles that may occur within each catastrophic event. While leading viewers out of danger, Courtley not only provides helpful tips and hands-on instruction, but swiftly points out common misconceptions and fatal mistakes. Unlike any other series, Surviving Disaster may actually save lives by providing actions that anyone can perform.

If Cade Courtley looks familiar, it may be that you recognize him from another survival TV series called America Unplugged that recently aired on the New Berlin, Wisconsin-based TV network The Sportsman Channel (blogged about here– good stuff). Or it could be from a different project of his.


“Who is Cade Courtley?”
YouTube Video

Getting back to Surviving Disaster’s “Mall Shooting,” from the SPIKE website:

A highly trained terrorist cell takes over a crowded mall in a military style siege. Navy SEAL Cade Courtley shows you how to survive a firefight using SEAL Team tactics and take on this well armed enemy by constructing improvised weapons, smoke bombs and night vision gear.

It’s been a few years since I watched the 42-minute production. But I think it still has a lot to offer should readers ever find themselves in a similar predicament. For example, I jotted down the following from the first part of “Mall Shooting,” after the terrorists had commenced their attack:

• Don’t play dead
• Spread out
• Priority is to clear the “kill zone” as fast as possible
• Move away from the kill zone, from cover to cover, avoiding mere concealment if possible
• If no clear exit nearby, escape through the back of a store to the fire-escape hallways
• If the exits from the hallways are blocked/booby-trapped, search for a different escape route from the mall, utilizing those “you are here” maps if necessary
• One possible exit could be the loading dock area, which might be difficult for the terrorists to seal off and a potentially-good spot for law enforcement/other rescuers to gain entry into the facility

Now, some of this might sound “basic” to a number of readers. However, Courtley did cover more “advanced” topics like:

• Individual/group movement (keep at least a foot off of walls because bullets could ricochet down their length)
• Obtaining makeshift weapons and gear from within the mall
• Ambushing terrorists
• Operating an AK-type rifle acquired from the bad guys
• Constructing a makeshift silencer for the captured firearm

There’s plenty more material in Surviving Disaster’s “Mall Shooting,” which you can view in its entirety over on the SPIKE website here.

Personally, I hope readers never have to utilize this information. That being said, I’m real glad SPIKE TV and Cade Courtley put it out there for the general public.

Know of other “how to survive a mall shooting” resources? Feel free to share it with everyone via the comment section.

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

Courtley’s SEAL survival guide…

Tags: , , , , , , , , , , , , , , , , , , , , ,

Chicago-Area Shopping Malls Targeted By Terrorists?

Muslim extremists are calling for terror attacks directed against Western malls. From the website of Chicago CBS affiliate Channel 2 Saturday night:

A terror group with ties to al-Qaeda released an online video Saturday appearing to call for attacks on Western malls, including at least one U.S. shopping center.

There is no credible, serious threat to a location in the Chicago region, but CBS 2’s Chelsea Irving reports one area police agency is taking the message seriously.

In the 75-minute video released Saturday, Islamic extremist group al-Shabaab calls for lone followers to attack Western targets.

The speaker specifically mentions the Mall of America in Minnesota. In the last five minutes of the video, the logo of Westfield shopping centers appears. The addresses in the video are for Westfield malls in England, but the speaker calls for attacks on any Westfield mall.

In the U.S., Westfield has 38 malls in eight states. Three are in the Chicago region: in Aurora, Skokie and Vernon Hills…

(Editor’s note: Bold added for emphasis)

Specifically, those Chicago-area shopping malls are Westfield Fox Valley (Aurora), Westfield Old Orchard (Skokie), and Westfield Hawthorn (Vernon Hills).

Keep in mind authorities say “there is no credible, serious threat to a location in the Chicago region.” Personally, I’d just as soon visit these three malls as any other these days, maintaining optimal situational awareness during those “shopping sprees.”

You can read the entire CBS 2 piece on their website here.

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

Tags: , , , , , , , , , , , , , , , , , ,

Robert Kiyosaki: 2002 Prediction Of Huge Stock Market Crash Next Year ‘Holding Course’

“‘Rich Dad’s Prophecy’- [Robert Kiyosaki’s] most recent book- predicts that the market will crash around 2016 when the oldest Baby Boomers start cashing out their 401(k) plans. Individuals whose savings are locked into 401(k) plans will suffer because these retirement plans, aren’t flexible and don’t do well in a bear market…”

-CNN.com, October 30, 2002

How many readers out there know who Robert Kiyosaki is? The American entrepreneur, educator, and investor was quite popular back in the early 2000s. I first encountered him while watching public television around that time, sharing financial and investment strategies taught to him by his rich “Dad” and found in his 2000 New York Times best-selling book Rich Dad Poor Dad. Kiyosaki went on to write a number of books, including Rich Dad’s Prophecy in 2002.

Last Tuesday, Robert Kiyosaki appeared on the Alex Jones Show. Kiyosaki talked about his new book, Second Chance, and other subjects, including a certain prediction made about the U.S. stock market next year. From their exchange:

JONES: The world is just crazy at this point. Give us your prognosis for the planet. There’s obviously opportunities for those of us that are studying it. I mean, I going to do better probably than ever as things get worse. But I’m not happy about that, because I know it’s hurting the average person.
KIYOSAKI: Amen. Alex, I would say exactly the same thing. It doesn’t make me happy that I’m getting richer and richer, and I see my friends getting poorer and poorer. I’m very concerned right now about my generation- the Baby Boom generation, the biggest generation in history. And they bought that program of put all your money in a 401(k) and invest for the long term. Now, I wrote a book called Rich Dad’s Prophecy back in 2002. That was 13 years ago. And I said the biggest stock market crash in the history of the world was coming in 2016. I was kind of guessing. But unfortunately, I didn’t write it to be right. I wrote it out of concern. If I’m correct that in 2002 what I said the biggest market crash was coming in 2016, that means millions and millions of Baby Boomers, their kids, their grandkids, will feel the effect of that when their retirement savings are wiped out. I hope I’m wrong. But so far, my numbers look accurate and it’s holding course right now. So I don’t write because I want to be rich or poke fun or want to be righteous. I am rather concerned about my fellow citizens.

“But so far, my numbers look accurate and it’s holding course right now.”

Disturbing. Kiyosaki added later on in the interview:

I’m just concerned about this possible- I hope it doesn’t happen- but if my “rich Dad” was correct, again, published in 2002 Rich Dad’s Prophecy predicted the biggest crash in the history of the world was coming in 2016. And that’s why I wrote Rich Dad Poor Dad, that’s why I speak, that’s why I write, that’s why I take on the media. But I’m very concerned for my [fellow] citizens. Look, Alex, what happens? Let’s say I’m right- hopefully I’m not. And millions of Baby Boomers lose their pensions, their homes, their jobs- they lose everything. What is the ripple effect throughout the world going to mean to that? We’ve never been here before. Never before has the U.S. dollar, one currency, been the reserve currency of the world- and we’re printing it. The Europeans are printing, Japanese are printing. And you’ve got to look at this and go, “This is not good.” So that’s my concern right now.


“Great Economic Collapse & Currency Meltdown Is Coming
Says Financier Robert Kiyosaki”
YouTube Video

So how is Robert Kiyosaki going to fend off the crisis he still sees coming? While taking phone calls from listeners, Kiyosaki revealed:

I like silver personally. I love gold. I have a lot of gold and silver.

Further insight was provided right before the holidays, when Eve Fisher of The Sydney Morning Herald reported:

“The world is in very serious trouble and the next 20 years will not be like the past two decades,” says Kiyosaki, who predicted the downfall of Lehman Brothers investment bank in 2008 and the ensuing GFC.

“I foresee a global currency crash, like the one that ruined Germany in the 1920s, which will wipe out the poor and the middle class – as the rich get richer.

“People will see that money and shares are not real wealth, just paper, and the way to survive is by acquiring assets – like property, resources, gold and other precious metals.”

Farmers will benefit as land and food become highly valued commodities, he says…

(Editor’s note: Bold added for emphasis)

Christopher E. Hill
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)

Source:

Fisher, Eve. “Robert Kiyosaki says to prepare for the worst.” The Sydney Morning Herald. 10 Nov. 2014. (http://www.smh.com.au/business/robert-kiyosaki-says-to-prepare-for-the-worst-20141111-11jyhr.html). 21 Feb. 2015.

Robert Kiyosaki’s latest book…

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,



Survival And Prosperity
Christopher E. Hill, Editor
Est. 2010, Chicagoland, USA

Successor to Boom2Bust.com
"The Most Hated Blog On Wall Street" (Memorial Day 2007-2010)

Please Rate this Blog HERE

Limited Time Offers

Via Banner Ads Below (navigate to vendor home page if necessary); Updated 8/26/15:
ANY CHARACTER HERE
>BUDK Warehouse Blowout Sale Up To 70% Off
ANY CHARACTER HERE
>CHIEF Supply Entire Order Ships Free With Any 5.11 Purchase Thru 8/31
ANY CHARACTER HERE
>Pyramyd Air Get 20% Cash Back On All Purchases 8/15/15-8/31/15 If It Rains 9/12/15; Used Air Guns Up To 35% Off Retail
ANY CHARACTER HERE
>Airsoft Megastore Free Shipping On All Orders (no code required)
ANY CHARACTER HERE
>BulletSafe Bulletproof Baseball Cap $119 Pre-Order Price; Bulletproof Backpack Panel $99
ANY CHARACTER HERE
>Food Insurance Bonus Bucks Are Back!; Save Up To 43% On Freeze-Dried Seasoned Ground Turkey Pieces
ANY CHARACTER HERE
>Nitro-Pak All Camping Food Pouches 15% Off; Pork Chops Pieces $68; Clearance Sale Up To 70% Off
ANY CHARACTER HERE
>Tractor Supply Co. Free UPS Ship To Store
NEW! Advertising Disclosure HERE
ANY CHARACTER HERE
Buy Gold And Silver Coins BGASC Review Coming Soon
ANY CHARACTER HERE
Free UPS ship to store on all Tractor Supply Company orders! Shop now! Tractor Supply Co. Review Coming Soon
ANY CHARACTER HERE
Nitro-Pak--The Emergency Preparedness Leader Nitro-Pak Reviewed HERE
ANY CHARACTER HERE
MyPatriotSupply.com Reviewed HERE
ANY CHARACTER HERE
Food Insurance Reviewed HERE
BullionVault BullionVault.com Reviewed HERE
ANY CHARACTER HERE
CHIEF Supply Reviewed HERE
ANY CHARACTER HERE
BulletSafe Reviewed HERE
ANY CHARACTER HERE
BUDK bowie knife BUDK Reviewed HERE
ANY CHARACTER HERE
Pyramyd Air is your one-stop shop for everything airgun related. PyramydAir.com Reviewed HERE
ANY CHARACTER HERE
Airsoft Megastore Reviewed HERE
ANY CHARACTER HERE
Survival Titles Save 20% Paladin Press Reviewed HERE
 

Categories

Archives

Prepper Website
  • Observation, Theory About Greek Bank Safe Deposit Box Restrictions

    Continuing “Greek Week” on Offshore Safe Deposit Boxes, Greek state television has announced Greek banks will remain closed for the remainder of this week. Both Reuters and the Associated Press have reported cash withdrawals from Greek bank safe deposit boxes have been prohibited. Reuters ran its story Sunday while the Associated Press revealed Monday: No […] ...
  • Safe Deposit Boxes In Private Vaults See ‘Huge Increase In Demand’ By Wealthy Greeks

    While pouring over the latest news of Greece’s sovereign debt crisis tonight, I spotted the following snippet on the Daily Mail (UK) website. Nick Fagge reported Wednesday: Safety-box deposit firms have reported a huge increase in demand with wealthy Greeks storing their cash and other valuables anywhere other than their bank… (Editor’s note: Bold added […] ...
  • Confusion Over Accessing Cash In Greek Bank Safe Deposit Boxes

    Yesterday, I blogged about a Reuters piece from Sunday which said cash withdrawals from Greek bank safe deposit boxes were now prohibited. Monday, the Associated Press reported that accessing currency from these containers might be left to the legislative process. From the Fox News website: There was confusion Sunday night over the fate of bank […] ...
  • Cash Withdrawals From Greek Bank Safe Deposit Boxes Forbidden

    Something tells me confidence in bank safe deposit boxes is going to plummet as word of the following gets out. Reuters’ Lefteris Papadimas and George Georgiopoulos reported Sunday: Greeks cannot withdraw cash left in safe deposit boxes at Greek banks as long as capital restrictions remain in place, a deputy finance minister told Greek television […] ...
  • Happy Independence Day!

    Just wanted to wish readers of Offshore Safe Deposit Boxes a happy Independence Day. Christopher E. Hill Editor ...