Mainstream Media

Good Article On British Preppers

“Damian McBride @ DPMcBride- Aug 24
Advice on the looming crash, No. 1: get hard cash in a safe place now; don’t assume banks and cash points will be open, or bank cards will work”

“Damian McBride @ DPMcBride- Aug 24
“Crash advice No. 2: do you have enough bottled water, tinned goods & other essentials at home to live a month indoors? If not, get shopping.”

“Damian McBride @ DPMcBride- Aug 24
“Crash advice No. 3: agree a rally point with your loved ones in case transport and communications get cut off; somewhere you can all head to.”

“Damian McBride @ DPMcBride- Aug 24
I’m presuming the Central Banks will intervene to stop this market slide but that will just make the eventual, inescapable crash even worse.”

-Tweets from Damian McBride, former special adviser to British Prime Minister Gordon Brown, as global stock markets continue to plunge this week

Earlier this evening I came across a good article about British preppers on the website of the Mirror (UK).

One of the reasons I call the piece “good” is that the author, Jeff Parsons, reported on prepping without the typical bias and ridicule found in most other mainstream media works on this subject.

The Mirror Online met with a “survival expert that tells it like it is”- Steve Hart of the British prepping website ukpreppersguide.co.uk- who proceeded to explain the activity as:

Prepping itself is just another form of insurance. People have life, car or pet insurance for the “what ifs” – this is just looking at a “what if” from a slightly different perspective.

What if a serious earthquake hits? Or a tsunami or a volcano or even a bio-terrorism attack?

Funny. That’s pretty much how I’ve come to describe prepping as.

The article is an interesting look at preppers “across the pond”- with some basic prepping tips thrown in.

You can read the entire piece over on the Mirror website here.

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

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Signs Of The Time, Part 87

It’s been interesting watching the run-up to the recent carnage on Wall Street.

For some time now, the “crash prophets” who correctly-called the housing market bubble and 2008 economic crisis have been warning the stock market was frothy, if not in bubble territory.

Meanwhile, the Pollyannas who didn’t see either of those events from the last decade convinced themselves that not only had the United States managed to get on solid footing again after the blatant “papering over” of the debacle that reared its ugly head seven years ago, but that U.S equities and their valuations were a fair reflection of an economic “recovery” that was charging “full-steam ahead.”

At the same time, the Pollyannas (with the assistance of the financial mainstream media) ridiculed the “prophets” at any chance they got.

Reminds me a lot of that time period from roughly 2004 to 2008, until the Pollyannas got spanked hard and many of their mouthpieces were put out to pasture.

Make no mistake about it, America’s financial crash is coming.

The powers-that-be can only “kick the can down the road” until the road runs out. And that time is almost here.

Is the recent stock market plunge the event that pushes us over the edge?

I’m not sure it is. That being said, the dive has resulted in some serious financial losses. Steve Goldstein, the D.C. Bureau Chief for the MarketWatch website, wrote this afternoon:

As of March 31, households and nonprofits held $24.1 trillion in stocks. That’s both directly, and through mutual funds, pension funds and the like. That also includes the holdings of U.S.-based hedge funds, though you’d have to think that most hedge funds are held by households.

Using the Dow Jones Total Stock Market index through midmorning trade, that number had dropped to $22.32 trillion.

In other words, a cool $1.8 trillion has been lost between now and the first quarter — and overwhelmingly, those losses occurred in the last few days…

(Editor’s note: Bold added for emphasis)

$1.8 trillion. Whew. After riding the bull for so long, it looks like the Pollyannas weren’t expecting the beast to pull an abrupt about-face… and gore them.


The White Stripes, Conquest (2007)
YouTube Video

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:

Goldstein, Steve. “Households just saw $1.8 trillion in wealth vanish as stocks fall.” MarketWatch. 24 Aug. 2015. (http://www.marketwatch.com/story/households-still-hold-22-trillion-in-stocks-even-after-market-rout-2015-08-24). 24 Aug. 2015.

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Chicago Tribune: ‘Chicagoans Should Consider A Modest Property Tax Increase Inevitable’

Coming on the heels of last Thursday’s post and an earlier one about Chicago-area property/other taxes was an article by Chicago Tribune business columnist Melissa Harris entitled “Chicago isn’t Detroit- and it’s not going bankrupt.”

In the June 20 piece, Harris attempted to argue exactly what the title says (critics are panning it as “Machine”/union propaganda). But what interested me were statements like this:

More revenue will be required soon, most likely in the form of a property tax increase.

Not only is Chicago’s property tax rate lower than those in many suburbs, Chicago’s effective property tax rate ranked 49th out of the 50 largest cities in each state, according to 2009 U.S. Census data…

(Editor’s note: Bold added for emphasis)

And this:

Chicagoans should consider a modest property tax increase inevitable, though how much of an increase it will be could be affected by Moody’s decision, which made it more expensive for Chicago to borrow money…

(Editor’s note: Bold added for emphasis)

If one believes claims the Chicago news media routinely carries Mayor Rahm Emanuel’s water, increased tax hike chatter and growing comparisons of the city to other municipalities by the local press could be sending a strong signal to Chicagoans that they’ll be required to bust out their wallets shortly.

You can read the rest of that column on the Chicago Tribune website here (registration required)

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

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Quote For The Week

“The media’s the most powerful entity on earth. They have the power to make the innocent guilty and to make the guilty innocent, and that’s power. Because they control the minds of the masses.”

-Malcolm X (American Muslim minister and human rights activist. 1925-1965)

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

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Chicago Magazine Article On Area Preppers

This morning I read an article on the Chicago Magazine website that focused on Chicago-area preppers- particularly those in the suburbs. Rod O’Connor spoke to preppers residing in Downers Grove, Glenview, and on the North Side for his piece, in which he observed:

The prepper movement has climbed out of the bunker and established itself, quietly, along affluent streets in Chicago, its suburbs, and beyond…

The article is a pretty good read. Finding it difficult to get a suburban prepper to interview, O’Connor wrote:

Preppers are, not surprisingly, a paranoid bunch. Locating people willing to speak with me about their habits was more challenging than finding vegans at a gun range…

Obviously, a little bit of discretion with such matters goes a long way in protecting preppers and their loved ones in a SHTF scenario. But O’Connor also needs to realize that preppers are only too familiar with the numerous hack-jobs perpetrated by the mainstream media at their expense.

From my experience, it’s rare that these individuals are given a fair shake by the press. Instead, ignorance, inherent bias, and sensationalism often shine through in the various MSM articles/segments.

By the way, if you do read the piece on the Chicago Magazine website, I penned the following comment in response to a blanket claim by another commenter that preppers are “selfish” and “paranoid”:

A popular misconception. As a regular observer of the prepping “movement,” there’s no shortage of preppers who have adopted a “give until it hurts” mindset when it comes to helping out neighbors/strangers in a poop hits the fan scenario. It’s discussed often in various prepper forums (“What should I be stocking up for my neighbors/others?” and “What’s the best way to get my neighbors/others food and supplies without putting myself and loved ones in danger?” are pretty common questions). In addition, those in public safety might disagree with the notion that preppers as a whole are “selfish.” In a neighborhood-wide or larger emergency, police, fire, and other public safety agencies might not have to aid citizens (preppers) that had the foresight and follow-through to prepare for such an incident, thereby freeing up responders to help others in the community who for some reason or another weren’t prepared. Selfish? How about carrying out their civic duty? Like “L O” points out, Ready.gov and other emergency preparedness-related government initiatives implore Americans to sock away at least 72 hours of emergency food, water, and other supplies. When it comes to prepping, plenty of practitioners look at it this way. Americans insure their health, their vehicles, their residences, etcetera. Why not insure one’s standard of living, at least as best one can in a significant emergency/disaster? Not such a “paranoid mindset” if you ask me.

Like I said, the Chicago Magazine article is a decent read- particularly if you’re from the Chicagoland area. You can view the entire article on the publication’s website here.

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

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Illinois Gun Owners Descend On State Capital To Lobby Lawmakers

Yesterday was Illinois Gun Owner Lobby Day (IGOLD) down in Springfield. Nick Swedberg of the Associated Press reported last night:

Gun owners from across the state flooded the Illinois Capitol on Wednesday for an annual rally, and many spoke with lawmakers from their home districts about legislation to broaden gun rights…

I’ve blogged about this annual gun rights event before. From the Illinois State Rifle Association website:

Illinois Gun Owner Lobby Day (IGOLD) was started back in the early ‘90’s to put a face on Illinois gun owners. Up until that time the media had portrayed gun owners and those who believed in the Second Amendment as some knuckle dragging Neanderthal throw backs, barely worthy of being called humans. IGOLD helped change that although the mainstream media still labels gun owners that way, when they can get away with it.

The first ISRA Lobby Day was attended by about 200 people. Among those attending were four undercover policemen. In 2006, the ISRA joined with several other groups and ISRA Lobby Day became Illinois Gun Owner Lobby Day (IGOLD). The Illinois Gun Owners’ Lobby Day (IGOLD) has become the number one demonstration of citizens promoting gun owners’ rights in the United States – the Illinois State Rifle Association (ISRA) is its primary sponsor. The crowds have grown each year. In 2013, 8200 gun owners showed up to lobby their legislators and to become the face of all the gun owners in Illinois. Because of IGOLD and other ISRA activities, gun owners have increased in stature in Illinois…

I understand that this year IGOLD pushed for expanding gun rights in the state- particularly concealed-carry. Swedberg added:

Proposed legislation in the General Assembly would allow concealed carry in places prohibited under current law, such as bus stations, churches and bars…

The state’s top gun rights advocacy group is expected to meet with [Illinois Governor Bruce] Rauner this month, a meeting that previous Democratic governors only promised to have. The organization’s executive director said that’s a positive sign that the new administration will be more favorable to their cause than the last.

“It’s hard to deal with people who just shut you out,” Richard Pearson, head of the Illinois State Rifle Association, said.

Illinois gun owners should be grateful for ISRA and IGOLD. Because when the next mass shooting along the lines of Newtown comes along, their keeping the spotlight on gun rights will remind politicians across the “Land of Lincoln” they’ll have a battle on their hands attempting to implement knee-jerk ineffective and unconstitutional gun “control” laws.

For more information about the Illinois State Rifle Association, visit their website here.

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

Source:

Swedberg, Nick. “Gun owners rally for right to carry guns in more places.” Associated Press. 18 Mar. 2015. (http://www.chicagotribune.com/suburbs/daily-southtown/news/ct-sta-gun-rights-st-0319-20150318-story.html). 19 Mar. 2015.

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The ‘Fearmongers’ Will Get The Last Laugh

I haven’t had much to blog about recently when it comes to the “crash prophets”– Marc Faber, Jeremy Grantham, Jim Rogers, and Peter Schiff.

I have noticed one thing though. These individuals appear to be coming under a growing barrage of attacks in the mainstream media and elsewhere lately. Following them as I have for a number of years (anyone remember when I used to be the editor of Investorazzi.com, “Tracking The World’s Greatest Investors,” from 2008 to 2010?), the harsh atmosphere feels a lot like it did in the middle of the last decade, when these four were calling for the bottom to fall out of the housing and stock markets, the economy, and larger financial system- and were subsequently ridiculed for it.

We all know what happened next. And the initial pain could have been a hell of a lot worse if Washington and the Fed hadn’t papered up that debacle and kicked it down the road a few years into the future.

As for their antagonists back then? Well, a particular line from “Grace” the school secretary in the 1986 film Ferris Bueller’s Day Off comes to mind when I think of their fate:

Well, makes you look like an ass is what he does, Ed.

These days, it’s an all-out assault again on Faber, Grantham, Rogers, and Schiff by the financial Pollyannas, emboldened by some positive economic/investment data in an overall lame recovery, historically-speaking. Case in point, a February 26 Yahoo! Finance article in which Jeff Macke wrote:

The Dow Jones Industrial Average made a fresh high, joining its cousin the S&P 500 and now we await the Nasdaq to push above 5,048. Instead of celebrating prosperity here’s what the media is likely to do which is the wrong attitude.

Trot out the usual cast of fearmongers to tell everyone why a biblical crisis is in our immediate future. This week it was Nobel Prize winning Yale Professor Robert Shiller…

I’m not picking on him. Quite the opposite. As fear mongers go Shiller is the best of them. The worst is probably Marc Faber who emerges from a cave in Switzerland periodically to call for “an 1987 level crash”. Faber started making that explicit prediction in spring of 2012 when he said the chances of a global recession that year or 2013 were 100%. He was wrong of course but that was a better call than his 2009 prediction that the U.S. would suffer hyperinflation levels only seen in Zimbabwe. For the record Zimbabwe experienced 231 million percent inflation that year. If Faber isn’t wrong on that call he is very, very, very early…

A couple of things came to mind reading Macke’s piece:

When did high stock prices become interchangeable for “prosperity”? I’d like to see the evidence demonstrating real economic prosperity and a booming stock market go hand-in-hand each and every time. Last I heard, the White House and the Fed were still on their knees praying this happens.
• Robert Shiller a “fearmonger”? If I’m not mistaken, didn’t Dr. Shiller spot both the dot-com bubble and the housing bubble? Fearmonger? Try a damned good economist. And a public servant for warning anyone who would listen about these financial debacles.
• “The worst is probably Marc Faber…” The same Dr. Faber that became well-known for advising clients to get out of the U.S. stock market one week before the October 1987 crash, for predicting the 2008 global financial crisis, for calling the March 2009 U.S. stock market bottom and subsequent rally, in addition to correctly-forecasting the rise of commodities, emerging markets, and China in the 2000s? Yeah, he’s the worst.

“But that was a better call than his 2009 prediction that the U.S. would suffer hyperinflation levels only seen in Zimbabwe. For the record Zimbabwe experienced 231 million percent inflation that year.” Did Dr. Faber predict Zimbabwe-like hyperinflation would strike the U.S. between January 1, 2009, and December 31, 2009 (which seems to be insinuated by the inclusion of that second sentence), or did Faber make this forecast during 2009 that it would eventually occur here? I see the haters have latched on to the former. In which case, produce the evidence he said hyperinflation would strike the U.S. in that particular year.

You see, here are the problems with such attacks on Marc Faber, Jeremy Grantham, Jim Rogers, Peter Schiff, and others.

• First, the “crash prophets” have a pretty solid track record over time when it comes to making correct market/investment calls. Over the years I’ve read material by journalists confirming this. Plus, I’ve catalogued it on the “Crash Prophets” page. That being said, no one’s perfect, and bad calls happen once in a while.
• Second, unless specifically stated, since I started observing Marc Faber, Jeremy Grantham, Jim Rogers, and Peter Schiff a decade ago, I get the impression they take a long-term approach to many of their forecasts. Yet, the attacks often consist of trying to call the outcome of the ball game while it’s still in the early innings, so to speak. I can’t even begin to count how many times I’ve heard/read attempts to discredit these guys because something they predicted still hadn’t materialized. Perhaps it’s because the forecasted event is still unfolding?
• Third, investigating where and from whom the attacks are coming from often reveals the real motives behind the trash-talk. And many times, “where you stand depends on where you sit.” In other words, lots of obvious self-interest out there.

I expect attacks on Marc Faber, Jeremy Grantham, Jim Rogers, Peter Schiff, and other “crash prophets” to intensify as the nation’s “financial reckoning day” grows closer. It’s an evitable consequence of not donning rose-colored goggles and playing ball with the Pollyannas.

But like in the period of time after the housing crash, the “Panic of ’08,” and subsequent “Great Recession,” I’m pretty sure these esteemed investors/money managers will be having the last laugh.

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)

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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…

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Democrats Push ‘New Message’ Of Rebounding U.S. Economy

Big eye roll on my part when I spotted the following on my Internet service provider’s home page this afternoon. Charles Babington of the Associated Press reported Friday:

Democrats’ new message on America’s economic recovery is: We told you so, and we’re going to keep telling you so.

The economy is rebounding on nearly every front, even if the middle class still needs help, and it’s time to tell that story loudly, top Democrats say. That’s the key to reversing their midterm election setbacks, according to a host of House Democrats, President Barack Obama and Vice President Joe Biden, all of whom came to Philadelphia this week for pep talks and strategy sessions.

“Democrats have to stand up, you’ve got to explain what we did,” Biden said to loud applause Friday. “Be proud of it… We can’t let the Republican Party rewrite history.”

Obama said much the same the night before. “The record shows we were right” the president said, referring to the 2009 stimulus, the bank and auto industry bailouts, and other strategies to pull out the great recession of 2008…

(Editor’s note: Bold added for emphasis)

A couple of thoughts here:

1. The true state of the U.S. economy and larger financial system is worrisome, as the “great recession of 2008” was merely “papered over” (I talk about that enough on this blog on a regular basis that I don’t feel the need to go into it today).

The news radio station I listen to most often in Chicago has been going on and on this week about the U.S. economy being on such strong footing these days. It’s almost as if they (like others in the mainstream media?) are carrying out the marching orders of the Democratic spindoctors to promote this “new message.” It’s been so ridiculous that if you didn’t know any better, you might think you were listening to old newsreels laying it on thick with the propaganda of the day:


“Vintage 1930s Inflation Propaganda”
YouTube Video

2. “We can’t let the Republican Party rewrite history.” “The record shows we were right.” Democrats vs. Republicans. Us vs. Them. Liberals vs. Conservatives. Left vs. Right. Coke vs. Pepsi…

Personally, I prefer RC.

And like that situation with the sodas, two choices often aren’t ideal for me. Particularly when it comes to the major U.S. political parties, who I’ve come to see as merely two “heads” belonging to the same monster (special interests of the rich and powerful).

3. Finally, I’ve said this before but it bears repeating:

Use this economic “rebound”- as much of an illusion as it may be- to your advantage.

Is your employment status less than ideal? You may want to consider improving that situation while “the getting’s good.” Need some extra income? You may want to look at taking on a part-time job while they’re available. Looking to purchase some emergency preps? “The shadow of crisis has passed.” President Obama said so in his recent State of the Union speech. Shop around for discounted gear, supplies, and other items while demand isn’t as strong as it has been lately and will be when hard times arrive down the road.

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

Source:

Babington, Charles. “House Democrats’ new message on the economy: We told you so.” Associated Press. 30 Jan. 2015. (http://finance.yahoo.com/news/house-democrats-message-economy-told-183956034.html). 30 Jan. 2015.

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Signs Of The Time, Part 82

I had a tough choice to make earlier tonight- either watch President Obama’s 2015 State of the Union Speech, or finish up doing laundry.

After all my clothes were put away, I saw on my Internet service provider’s home page some jibberish about how some “shadow of crisis” had passed. I pulled up a transcript of the President’s speech tonight and sure enough there was this:

America, for all that we’ve endured; for all the grit and hard work required to come back; for all the tasks that lie ahead, know this:

The shadow of crisis has passed, and the State of the Union is strong.

At this moment — with a growing economy, shrinking deficits, bustling industry, and booming energy production — we have risen from recession freer to write our own future than any other nation on Earth. It’s now up to us to choose who we want to be over the next fifteen years, and for decades to come…

Mark my words. The “shadow of crisis” hasn’t passed. It was merely papered over. Keynesian “enlightenment,” government intervention, bailouts, stimulus packages, quantitative easing, QE 1, QE 2, QE 3, willing-and-able presstitutes, and what do we have? The Not-So-Great Recovery. Answer me this- if the economy is so strong, why have interest rates been effectively at zero for how many years now? “But Janet Yellen and the Federal Reserve are going to start raising interest rates soon.” We’ll see, but if they do, I suspect rates will be raised incrementally, and I can’t help but wonder if the next few years won’t resemble the early part of last decade when a housing bubble inflated (and eventually popped) under the guise of a strong economy, but with the Fed slow on the trigger to raise rates and take way the punch bowl. This time around, we could even have multiple asset bubbles (in bonds? housing? stocks?) formed before the next installment of the longer financial crash arrives. Who knows exactly how the next crisis will play out, but I’m pretty sure the end result will be much uglier than the last episode. Not many bullets left for Uncle Sam and the central bank to use.

One more thing. “We have risen from recession freer to write our own future than any other nation on Earth.” God forbid anyone scratch the surface to reveal how many more trillions of dollars of debt has been piled on our financial house of cards in order to kick the can down the road a little bit more. There’s no escaping the fact that the United States is the world’s largest debtor nation. And another inconvenient fact happens to be that taking on significant debt is akin to slavery.

“Freer to write our own future.” If only it were true. Financial reckoning day is more like it.

I’ll leave Survival And Prosperity readers with this. Back in the early 1990s while attending the University of Illinois in Urbana-Champaign I remember listening to a recording of “The Rat Pack” in action. Frank Sinatra was chiding Dean Martin and Sammy Davis, Jr. Now, the “Chairman Of The Board” made an observation that better describes the situation we’re in than what the President Of The United States said this evening:

You’ve had your fling and you flung it.

Enjoy the “good times” while they last, then prepare to batten down the hatches.


Scene from The Final Countdown (1980)
YouTube Video

Note that it’s not the end of the word I’m talking about here. But things will definitely suck for a while before the economy and society gets better again. By that time, we’ll probably be well on our way to having passed the baton to China.

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

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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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Chicago-Area Legality Of Self-Defense Tools Revisited

“That’s why my attitude has changed to, fuck the citizens.
When you need help people, call a protester.
My check will still come every 1st and 16th of the month.”

-Comment left on Second City Cop blog post, December 24, 2014

In the future, I see a myriad of problems for Chicagoland residents when it comes to police protection. The source will be economic in nature, with the “thin blue line” getting stretched more than most can imagine as Chicago-area police agencies see their budgets slashed significantly with the next financial crisis.

I’d argue this situation has already arrived. Look at the Chicago Police Department and all the spin that’s being deployed and goal posts being moved by City Hall because of financial difficulties in achieving/maintaining a fully-manned police department.

I predict work conditions will also steadily deteriorate. De-policing and work stoppages could very well accompany this slide as law enforcement officers inevitably take stock of their situation.

Police activity could also decrease if certain politicians, race agitators, the mainstream media, and other self-interested parties continue to support and spotlight the police haters in our society. Just to give you an idea of how much attention is being given to these “squeaky wheels making lots of noise,” the Rolling Stone magazine website ran a piece on December 16 entitled:

“Policing is a Dirty Job, But Nobody’s Gotta Do It: 6 Ideas for a Cop-Free World”

And under the headline was this:

“It’s time to start imagining a society that isn’t dominated by police”

“It’s time to start imagining…” That pretty much summed up the piece right there.

Anyway, the point of this post is to announce that in light of what I see coming down the pipeline regarding police protection in and around the “Windy City,” I will be reviewing Chicago-area laws concerning self-defense tools.

Regular readers may recall that I pulled up information on the legality of such personal protection devices as expandable batons, knives, firearms, and pepper spray in Chicago, Cook County, and the State of Illinois starting around Halloween 2013. But seeing as new laws keep being added to the books, and in light of the personal safety challenges I think are ahead of us, now is the perfect time to revisit this material.

We’ll get started next week…

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

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Gabe Suarez: ‘Today, Every Man Is A Counter Terrorist’

Because I’m busy compiling new “Resources Of The Week” for 2015, there’s won’t be a post from that series tonight.

But I also wanted to share with Survival And Prosperity readers before the week was out something I read earlier this evening on the Facebook page of The Suarez Group (“a multi-national corporation involved the study and application of high end weapons, and leading edge tactics, for students of the art of personal combat”).

I first mentioned Gabe Suarez, head of The Suarez Group and a decorated veteran of Southern California law enforcement, on this blog back in my April 28, 2011, post entitled, “The Next Mumbai-Style Terrorist Attack.” I wrote back then:

If an American Mumbai occurs, I’m guessing it will go down in a high-profile, internationally-known city whose residents/workers are likely to be unarmed and incapable of defending themselves against rampaging terrorists with automatic weapons- like my hometown of Chicago.

Still, it doesn’t hurt for Americans outside of the “Windy City” to prepare for such an event. Consider what Gabe Suarez, a decorated veteran of Southern California law enforcement and president of the personal safety training outfit Suarez International, wrote in his blog Warrior Talk News on May 6, 2010:

Put yourself in the enemy’s shoes….err, sandals…..which option would YOU pick? Which offers the easiest implementation, least chance for detection, greatest chance for success – bombs or bullets?

The mass shooting and not the improvised and unsuccessful bomb is the “easy button”, and that fact cannot be ignored by us as it will not be overlooked by the enemy.

So what do we do?

1). We must identify who the enemy is. Please go back and peruse the list of events above, both failed and successful. What is the common thread connecting the attackers?

2). Carry your gun everywhere…..a REAL fighting gun….not some sissy “suitable for CCW” 5 shot “self defense gun”.
The times are not such that concern over a mugger is the issue anymore. Carry extra ammo with you. It is not difficult at all to carry a full sized pistol with a couple of extra magazines. I have done so since 1983.

These are not the times to be seeking political correctness over public safety. It is not the time to fear false labels created and assigned by the mass media. The Israelis learned that lesson long ago. After all is said and done, it is better to be a live “intolerant racist” (as the MSM would call us) than a dead “co-existing”, tolerant “paragon of political correctness”. I suspect that had Shahzad’s bomb been successful, lots of tolerant, “co-exist” types would have died right alongside us “intolerant racists”. The times call for careful profiling and suspicious curiosity as well as daily preparation.

Dress everyday as if you had a business meeting in Mumbai on 26 November 2008 with a bunch of Jews, Christians, and atheist Americans at a cafe right across the street from the Jihad School Of Terrorism.

Be ready or be a victim.

“Be ready or be a victim.” Great words to live by.

No holds barred, right? Anyway, Suarez wrote the following yesterday concerning tactical matters related to the terrorism in France:

Today,

EVERY MAN IS A COUNTER TERRORIST

So consider the following – if you can, be armed always. Yes…I know. But consider the implications. Of the ten dead civilians in France, how many would have willingly disobeyed unconscionable laws in order to stay alive? If it is difficult, learn to conceal the weapon better. At the very least have a knife with which to stab a terrorist to death.

And stabbing a man to death is an exercise in extreme violence. It is not some strip mall karate school exercise done with high school kids to get in shape. It is violent and sudden and what the body does in its final moments will shock you…maybe, if you haven’t gotten your mind right about such matters.

If you look like the King Of Comedy rather than the King Of the Cage, put down the f*cking remote and get your ass in fighting shape. The terrorist coming to kill you has taken his fitness seriously…do you think he is kidding?

If you are armed your life is easier. Resist the temptation to leave the real sized fighting gun at home and go forth with some “civilian friendly metro sexual” pistol. Anyone can carry a full sized fighting pistol with a little fore thought and care in dressing for the weapon.

Consider that a terrorist event like what we saw in France is not the same as a CCW self defense encounter with concerns over legality, disparity of force, or liability. The moment that it is a terrorist event, all other concerns are non-issues. And a man or men with masks and rifles classifies as that.

Learn to shoot accurately at distance. There were guys photographing and videotaping the assassination of the French police officer. A good practiced hand with a proper pistol might have killed one or both of those terrorists at the distance.

There will be no warnings, no posting and challenging, only recognition of threat and escalation of violence…or as I term it, “getting ahead” of the fight by shooting. Learn to shoot faces and necks at room distances. Yes, there is a chance you will be killed by the terrorist…but you will be killed anyway.

And how do you want to look for the Crime Scene photos?

Under a desk hiding with a terrified look on your face and a back full of 7.62×39 rounds, or a smiling corpse on a mountain of brass and dead terrorists? I pray if I am given that choice I will be the guy in the second image. But….but, you might not be either one. You might survive and win if you are decisive enough, accurate enough, and violent enough.

Let us all be those things.

“A smiling corpse on a mountain of brass and dead terrorists”

Classic Suarez. And several points I, for one, will be left thinking about this weekend.

You can read the entire Facebook post on The Suarez Group’s page 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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Sky News Investigates Preppers

Our cousins across the pond are taking a particular interest in preppers these days.

Last week, it was the folks over at The Economist (UK).

This week, it’s Sky News.

Dominic Waghorn investigated preppers for a report entitled The Doom Boom which aired on Britain’s Sky News last night. The U.S. correspondent started with:

I’ve reported from around the world on countries coping with adversity. In America, I’ve witnessed terrorist attacks, extreme weather, civil unrest. But I’ve never felt society here is on the brink of collapse. And yet it seems, an increasing number of Americans do. I want to find out why, and what they’re doing to get ready.

Waghorn then met with several preppers (a few of Doomsday Preppers-fame), including:

• Holly Blevins
• Jay Blevins
• Catherine Bryson
• Jamie Bryson
• Braxton Southwick
• Colton Southwick
• Kara Southwick
• Rylee Southwick

Sky News did a pretty good job with the report. It wasn’t the usual hit piece many have come to expect from the mainstream media with regards to preppers.


Sky News: The Doom Boom
YouTube Video

However, some in the preparedness industry who viewed the production may have been a little irked with the association of fear and providing goods/services to the prepper community. Consider the following from Waghorn:

And for those who trade on fear, business has never been better.

Larry Hall has made a name selling to people with a lot of money, and a lot of fear.

Fear is big business in the U.S., but doom and bloom has spawned an industry worth millions.

(Editor’s note: Bold added for emphasis)

Finally, there was this exchange between Larry Hall of Luxury Survival Condo (who also featured in a Doomsday Preppers episode) and Waghorn:

WAGHORN: Because there’ll be people I suppose who look at this and think, well, the whole prepping industry has become an industry and you presumably have made a fair amount of money out of this. And in a sense, what people like you are doing is peddling fear and profiting from it. What do you say to people like that?
HALL: Well, again, I don’t think it’s fear. I think it’s awareness. I think that fear has a negative connotation. I don’t think I’m peddling fear. I think I’m peddling preparedness. And there’s a big difference.

“I’m peddling preparedness. And there’s a big difference.”

Nice. And that may be the case with Hall and a lot of other vendors in that industry. But no doubt there are those “peddling fear” these days, so it pays to be aware of that.

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

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