Mainstream Media

About That ‘Sniper Nest’ In Chicago

Sorry FOX 32 News in Chicago. As much as I like watching you on TV on weekday mornings (Jake Hamilton, Darlene Hill, Jon Kelley, Melody Mendez are particularly good), whoever penned the following on your website on June 30 needs to be flogged.

The offending article…

Sniper nest discovered near Kennedy-King College

The Chicago Police Department made a frightening discovery on the South Side of the city last week.

Officials say they found a high-powered semi-automatic weapon about a block from the campus of Kennedy King college, near 64th and Lowe last Thursday. Officers say the nest was found on top of a garage across from a soccer field on campus.

At the scene, officers recovered a fully loaded Mac-10…

“Sniper nest?” “High-powered semi-automatic weapon?” “Mac-10?”

I could’ve sworn the piece originally said “high-powered semi-automatic rifle” when I first read it. But I see it was updated on July 1.

Consider what Elizabeth Kreft reported on TheBlaze website that same day:

The weapon officers recovered at the scene wasn’t a rifle but a fully loaded Mac-10.

“I’m not sure why they are calling it a sniper’s nest, it was a machine gun, not a rifle,” Officer Mike Sullivan, Chicago Police Department spokesman, told TheBlaze.

Sullivan said media members should look up the difference between a Mac-10 and a rifle. “They are very different,” he said…

I was kidding with that bit about the author needing to be flogged. But I concur with the CPD- they definitely need to learn more about firearms (Guy Smith’s free Gun Facts e-book is a good place to start) or risk “cheapening” the FOX 32 brand.

Not like I’m an expert on the subject of guns myself. But I’m not paid to write about such things.

Now if an unpaid intern wrote the article… lesson learned? I hope so. You’d be doing your future field of work and colleagues a favor.

Journalists Firearm Identification

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

Sources:

“Sniper nest discovered near Kennedy-King College.” FOX 32. 30 June 2014. (http://www.myfoxchicago.com/story/25910016/sniper-nest-discovered-near-kennedy-king-college). 3 July 2014.

Kreft, Elizabeth. “‘Sniper Nest’ Found Near College Campus In Chicago — but It’s the Type of Gun Found Close by That May Be More Disturbing.” TheBlaze. 1 July 2014. (http://www.theblaze.com/stories/2014/07/01/sniper-nest-found-near-college-campus-in-chicago-but-its-the-type-of-gun-found-close-by-that-may-be-more-disturbing/). 1 July 2014.

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Wildings Around Chicago’s Navy Pier, Downtown July 4?

I fear if there’s one night this year where wildings- also referred to as “flash mobs” and “mob attacks”- are likely to occur, it’s tomorrow, Friday, July 4.

And the location? Around Navy Pier and downtown Chicago.

From the Chicago Tribune website this afternoon:

Fireworks enthusiasts and lovers of Independence Day pomp and circumstance, plan to head to Navy Pier early on Friday if you want a good spot for watching the pyrotechnics over the lake…

And with July 4 falling on a Friday with sunny skies and mild temperatures predicted, officials are preparing for huge crowds that will likely fill the pier to capacity long before the 15-minute exhibition starts at 9:30 p.m., according to Navy Pier spokesman Nick Shields…

(Editor’s note: Bold added for emphasis)

Wildings have already taken place in the downtown area this year, as I noted last month.

If the criminal activity does in fact occur, don’t be surprised if the Chicago news media ignores it. Or no video of it exists out in cyberspace- as those with even half a brain would have been preoccupied trying to steer clear of the feral youngsters.

Your best bet for any info would be Second City Cop later in the day Saturday- if SCC is blogging over the long holiday weekend.

Here’s hoping for a peaceful, quiet night. On the Fourth of July, no less.

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

Source:

“125,000 expected at Navy Pier for fireworks.” Chicago Tribune. 3 July 2014. (http://www.chicagotribune.com/news/local/breaking/chi-125000-expected-at-navy-pier-for-fireworks-20140703,0,6815249.story). 3 July 2014.

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Thursday, July 3rd, 2014 Crime, Mainstream Media, Public Safety No Comments

2.9 Percent GDP Contraction Casts Doubt On Sustainability Of Economic ‘Recovery’

Remember that U.S. GDP “hiccup” from the first quarter?

It’s been revised. And let me just tell you, barf-o-rama baby. Barf-o-rama.

From a Reuters piece on the CNBC website earlier today:

The U.S. economy contracted at a much steeper pace than previously estimated in the first quarter, but there are indications that growth has since rebounded strongly.

The Commerce Department said on Wednesday gross domestic product fell at a 2.9 percent annual rate, the economy’s worst performance in five years, instead of the 1.0 percent pace it had reported last month.

While the economy’s woes have been largely blamed on an unusually cold winter, the magnitude of the revisions suggest other factors at play beyond the weather

(Editor’s note: Bold added for emphasis)

Wow, did I just read that last part right? Usually the MSM plays along with that oft-used weather excuse as bad government economic reports are concerned.

The general feeling I’m getting tonight from mainstream media outlets is one of “don’t worry, be happy.” Of course, damage control is in overdrive. Jeffry Bartash reported on the MarketWatch website:

The revised GDP report briefly stunned Wall Street and clearly unsettled the White House. President Obama’s chief economic adviser, Jason Furman, cast doubt on the report and argued the economy is much stronger than the first-quarter contraction implied.

Investors, for their part, shrugged off the backward-looking report. The economy appears to have rebounded in the second quarter and economists polled by MarketWatch predict growth will turn positive again, with a 3.8% increase…

(Editor’s note: Bold added for emphasis)

3.8 percent increase in GDP in the second quarter? After revisions? It will be interesting to see if they’re right.

Personally, I feel that abysmal first quarter GDP report is a worrisome sign the sustained economic “recovery” we keep being told about is getting long in the tooth.

“Taper” to go full reverse soon, like “crash prophet” Peter Schiff has been predicting?

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

Sources:

“Bad to worse: US economy shrank more than expected in Q1.” Reuters. 25 June 2014. (http://www.cnbc.com/id/101787838). 25 June 2014.

Bartash, Jeffry. “Economy’s stumble in first quarter historic.” MarketWatch. 25 June 2014. (http://www.marketwatch.com/story/us-growth-contracted-29-in-first-quarter-2014-06-25). 25 June 2014.

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Wildings Return To Downtown Chicago

I’ve been following and blogging about flash mobs/mob attacks/wildings in the downtown Chicago area since January 2011. And here are two things I’ve noticed:

1. The Chicago mainstream media generally seems to ignore these incidents.

2. The growing number of trolls on the comment area of the popular Chicago police blog Second City Cop keep asking for video evidence of the criminal activity.

Now I can’t speak for others, but if I find myself in a situation where feral kids are acting up nearby, I’ll be too busy watching after myself/loved ones to worry about shooting some stupid video.

Besides, I own a simple flip phone.

But getting back on track, after a long day my I turned on the 9 o’clock news on FOX 32 and caught a segment about the City of Chicago preparing for summertime wilding. In the piece, the Chicago Police Department acknowledged the wilding from last weekend that Second City Cop/commenters have been talking about (suck it, trolls). Craig Wall reported on the FOX 32 website tonight:

Summer has come to mean more than just scores of shoppers and visitors on Michigan Avenue. It now also brings plenty of extra police officers to discourage would be troublemakers.

Friday night police arrested one man for unknown reasons, but the bigger concern is the mobs of young people who have been terrorizing visitors on warm summer weekends, and giving this vital tourist destination a bad reputation for safety…

Last weekend police sources said there were problems in and around Michigan Avenue, a mob of young people overran the McDonalds at State and Chicago, stealing food orders from patrons and running out.

And in an unrelated incident, a woman who confronted a thug got her car window smashed out. Police hope a very visible police presence will discourage any problems and make visitors feel secure…

(Editor’s note: Bold added for emphasis)

FOX 32 News Chicago
“CPD Out In Full Force To Deter Crime, Violence”
FOX 32 Video

Planning to visit downtown Chicago soon? It’s still generally safe, I hear. Just be careful and aware of one’s surroundings at all time while in the area, particularly on nice weekend nights.

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

Source:

Wall, Craig. “CPD Out In Full Force To Deter Crime, Violence.” FOX 32. 6 Jun . 2014. (http://www.myfoxchicago.com/story/25716966/cpd-out-in-full-force-to-deter-crime-violence). 6 Jun. 2014.

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‘Gun Reform’ Replacing ‘Gun Control’?

Late last night, I spotted something interesting that scrolled across my Internet service provider’s home page. It was the picture of a firearm with the following caption:

Gun Reform Legislation

The first thing I thought to myself was- pardon my French- “What the hell is gun reform?”

Letting my curiosity get the better of me, I opened up the accompanying article- which, ironically, comes from the Agence France-Presse. The AFP reported last night:

US lawmakers moved to boost funding of the national background check system for firearm sales, a small but symbolic step toward broader gun law reform following recent mass shootings…

(Editor’s note: Bold added for emphasis)

Okay, so the AFP was actually talking about “gun law reform” (why that headline then?). But the activity described in their piece has nothing to do with reform- let alone reforming a gun law- from what I read.

My curiosity grew. A quick search engine query turned up two more recent articles that mentioned “gun reform.”

There was this editorial from The Berkshire Eagle (Pittsfield, Massachusetts) on Wednesday:

Our Opinion: A timely gun reform bill

House leadership’s bill strengthening Massachusetts’ gun laws was revealed Tuesday… With this legislative session ending on July 31, the House must pass this bill, reconcile it with Senate legislation and get it to the desk of Governor Patrick, who supports further gun reform

(Editor’s note: Bold added for emphasis)

And this Thursday on the website of The Courier-Journal (Louisville, Kentucky), where the section headline proclaimed:

Letters- Gun reform, JCPS spending

Here’s what I think. Since “gun control”- in name and action- is considered quite toxic by many Americans, the term is now being replaced by the less menacing sounding “gun reform.”

And who in their right mind could possibly be against reform?

I suspect we’ll be hearing/seeing this term used a lot more going forward.

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

Sources:

“US House moves to bolster gun background checks.” AFP. 29 May 2014. (http://news.yahoo.com/us-house-moves-bolster-gun-background-check-system-233357263.html). 30 May 2014.

“Our Opinion: A timely gun reform bill.” The Berkshire Eagle. 28 May 2014. (http://www.berkshireeagle.com/editorials/ci_25847547/our-opinion-timely-gun-reform-bill). 30 May 2014.

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Friday, May 30th, 2014 Firearms, Gun Rights, Mainstream Media No Comments

Sino-Russian Natural Gas Deal Blow To U.S. Dollar Supremacy?

“The Obama administration is playing down an increasingly warm relationship between its main global rivals, China and Russia, that it may have inadvertently encouraged.

U.S. officials maintain there is nothing to fear from the growing alliance between Moscow and Beijing, even as each throws its weight around in neighboring regions like Ukraine and the South China Sea and at international forums like the United Nations, where on Thursday they double-vetoed the latest in a series of Security Council resolutions on Syria.

Yet when coupled with growing cooperation between Russian President Vladimir Putin and his Chinese counterpart, Xi Jinping, in other areas- notably, a new $400 billion natural gas deal and apparent agreement on the crisis in Ukraine- many believe Russia and China may now or may soon represent a powerful new alliance challenging not only the United States, but also the Western democratic tradition that the U.S. has championed globally…”

-Associated Press, May 23, 2014

You may have heard about that $400 billion natural gas deal that was just struck between China and Russia. Or maybe you didn’t, as I’ve noticed the mainstream media hasn’t really been talking about it too much. Most of the outlets that did neglected to talk about the potential ramifications for the U.S. dollar.

There were exceptions. From the BBC News website on May 22:

Some papers are also analysing the impact of the deal on the world currency market.

A commentary in the Beijing Youth Daily says the deal will probably encourage more countries to not trade in US dollars if China and Russia decide to switch to clearing payments in Russian roubles and the yuan.

“The world economy and finance will then embark on a process to get rid of the US dollar, and the dominance of the dollar will gradually lose its support. The US will then face more challenges in its ability to control global economics and politics,” it says…

From Liam Halligan on The Telegraph (UK) website yesterday:

The real danger, in my view, is rather more abstract — but deadly important nevertheless. If Russia’s “pivot to Asia” results in Moscow and Beijing trading oil between them in a currency other than the dollar, that will represent a major change in how the global economy operates and a marked loss of power for the US and its allies.

With the dollar as the world’s petrocurrency, it also remains the reserve currency of choice for central banks globally. As such, the US is currently able to borrow with “exorbitant privilege”, as it has for decades, simply printing money to pay off foreign creditors.

With China now the world’s biggest oil importer and the US increasingly stressing domestic production, the days of dollar-priced energy, and therefore dollar-dominance, look numbered. Beijing has recently struck numerous agreements with major trading partners such as Brazil that bypass the dollar. Moscow and Beijing have also set up rouble-yuan swap facilities that push the greenback out of the picture.

If Russia and China now decide to drop dollar energy pricing totally, America’s reserve currency status could unravel fast, seriously undermining the US Treasury market and causing a world of pain for the West. This won’t happen tomorrow or next year. It’s unlikely even by 2020. But by announcing this deal, Russia and China turned the screw half a twist more…

(Editor’s note: Bold added for emphasis)

Then there’s this from Max Keiser, an American filmmaker and host of the Keiser Report, a financial show on RT. From The Washington Times website earlier today:

He said the $400 billion, 30-year deal will further the strategic goals of Moscow and Beijing to diminish the status of the U.S. dollar by conducting world trade in critical commodities such as oil and gas using other currencies.

Russia is the world’s biggest producer of commodities such as crude oil, gold and titanium. China is the world’s biggest consumer of these commodities.

Both countries have chafed for years at having to conduct purchases and sales in dollars, as is customary worldwide. The gas deal announced in Beijing on Wednesday would be the first major commodities contract to be settled in Russian rubles and Chinese yuan rather than dollars.

“This means the U.S. dollar’s days as the world reserve currency are numbered,” said Mr. Keiser, noting that Russia and China have been investing heavily in gold.

Many analysts question whether Moscow and Beijing can succeed in displacing the dollar as the world’s reserve currency. If that happens, however, it likely would usher in a period of global financial instability and force Americans to pay much more for the massive amounts of imported energy, Mr. Keiser said…

(Editor’s note: Bold added for emphasis)

According to the Economist Intelligence Unit- the research and analysis division of The Economist Group, the sister company to The Economist newspaper- on May 22, it has been reported payments for the gas will be made in Chinese yuan rather than U.S. dollars.

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

Sources:

“China media: Russia gas deal.” BBC News. 22 May 2014. (http://www.bbc.com/news/world-asia-china-27514395). 25 May 2014.

Halligan, Liam. “Russia-China gas deal could ignite a shift in global trading.” The Telegraph. 24 May. 2014. (http://www.telegraph.co.uk/finance/comment/liamhalligan/10854595/Russia-China-gas-deal-could-ignite-a-shift-in-global-trading.html). 25 May 2014.

Hill, Patrice. “Russia’s Putin gains strategic victory with Chinese natural gas deal.” The Washington Times. 25 May 2014. (http://www.washingtontimes.com/news/2014/may/25/russias-putin-gains-strategic-victory-with-chinese/). 25 My 2014.

“The Sino-Russian gas deal.” Economist Intelligence Unit. 22 May 2014. (http://www.eiu.com/industry/article/431836627/the-sino-russian-gas-deal/2014-05-22) 25 May 2014.

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Peter Schiff Warns Of Coming Inflation, Accompanying Propaganda

“Crash prophet” Peter Schiff sees inflation getting worse in America. And with it, Washington, the Fed, and the mainstream media spinning rising prices as something that’s beneficial for the general public. The Euro Pacific Capital CEO and Chief Global Strategist added a new entry Tuesday on his YouTube video blog The Schiff Report, and warned viewers of the following:

It’s going to get worse. And, what is the Fed going to do about it? Because the problem is, no matter how high that inflation number gets, they can never admit it’s a problem. Because if they admit that it’s a problem, they’ve got to do something about it. But they can’t do anything about it. Because if they want to fight inflation, what tools do they have? Just one. They’ve got to raise interest rates, which means they’ve got to end quantitative easing. And in order to raise interest rates, they’ve got to start selling their bonds and their mortgages back into the market. That will collapse the real estate market, collapse the stock market, send the economy into a sharp recession, and bring about a financial crisis worse than 2008. So because they can’t do that, they can’t do anything. So they’re going to have to tolerate inflation, no matter how high it gets. They’re going to have to convince us that it’s good for us, no matter how high it gets. They’re going to say, “Oh, well, maybe it’s transitory,” “It’s because of the weather,” “Oh, you know, we had such low inflation for so long, we need a few years of higher inflation to even it all out.” Who knows what kind of excuses Janet Yellen is going to come up with to rationalize why whatever the inflation number is- no matter how high it is- it’s always going to be a good thing?

But I wonder if the media- if the guys at Bloomberg or the guys at The New York Times or the AP or the Financial Times- will ever see through this charade. Will they ever see through this smokescreen and come out and call the Fed out on this? Will they ever say, “You know what, we’ve got too much inflation- this is not good. Do something about it.” And when the Fed doesn’t do something about it, that’s going to be a big problem for the dollar. Because that’s when people realize that this is QE Infinity, that inflation is never going to stop, that the dollar’s value is going to erode away in perpetuity. That’s when the bottom drops out of the market. That’s when the real crisis comes in. Because now the dollar really starts to cave, and puts more pressure on the bond market. That means the Fed has to print a lot more money. A lot more dollars that nobody wants to buy the Treasuries that nobody wants to keep the market from collapsing. That accelerates the inflationary spiral, and puts the Fed in a real box. Because then, it just can’t print the dollar into oblivion. It can’t turn it into monopoly money. Then it has to slam on the breaks. Then it has to really jack up interest rates. Not just a few hundred basis points- ten percent, fifteen percent, twenty percent. Paul Volcker style. Of course, the medicine won’t go down nearly as smoothly as it did back then. Not that it was so great tasting- we had a pretty bad recession in 1980. But that’s nothing compared to what we’re going to go through, because we have a lot more debt now than we had then- it’s not even close. We don’t have the viable economy. We don’t have the trade surpluses or the current accounts surpluses. And we don’t have a federal government that has a long-term financing on the national debt. It’s all financed with T-bills. And we have all these adjustable rate mortgages. We have all these corporations, individuals that are so levered-up. We’ve got all these student loans and credit card debt. We have all this stuff that we didn’t have back in the 1980s that we’re going to have to deal with- thanks to the Fed.


“Media Reports Rising Food Prices as Positive News”
YouTube Video

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

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Peter Schiff On Gold: ‘Most Likely Prices Have Bottomed’

A little more than a week ago, Euro Pacific Capital’s Peter Schiff- who correctly called the housing bust and 2008 economic crisis- told CNBC viewers that gold prices would eventually head north of $5,000 an ounce (blogged about here).

Schiff did an e-mail interview with MarketWatch this week, and the CEO of Euro Pacific Precious Metals talked more about the yellow metal. From that exchange:

Q: What would you say to investors who are discouraged by gold’s performance so far this year? (Futures are prices up around 7% year to date, but only partially making up for last year’s plunge.)

Be patient. Many investors in the 90’s believed that gold was a dead asset class. But in the 10 years from 2001 to 2011, gold increased almost 900%. The moves come in waves.

Q: With prices currently under $1,300 an ounce, have prices hit bottom for this year? Is gold a bargain at these levels — is it a good time to buy now? Please explain.

Most likely prices have bottomed, as too many speculators are looking for lower prices. The fundamental case for gold has also never been stronger. From a gold short seller’s perspective, this will prove to be the equivalent of a perfect storm. Their losses will be severe…

I’ve been following gold closely for a decade now. I can’t remember any time in those last ten years when the amount of hate directed at the precious metal was ever greater. Particularly in the mainstream financial media and accompanying reader comment sections. Just check out some of the comments in the MarketWatch article I’ve been discussing if you don’t believe me.

I can’t help but wonder sometimes if paid “trolls” aren’t out in force these days in the various comment areas and forums with the mission of talking down gold and its highest-profile supporters at any chance they get.

Then again, many of these comments could just be coming from individuals who fear a rising gold price for some reason or another.

“Where you stand is where you sit”?

I just know one thing. I don’t see stocks catching nearly the same kind of flak as this particular “shiny lump of metal,” as one “correspondent” recently called gold.

Like Mr. Schiff pointed out- before the recent pullback, the price of one ounce of that “shiny lump of metal” increased almost 900 percent in the decade prior.

Anyone want to give me their “shiny lumps of metal”? It’s going to plummet past $1,000 to almost nothing anyway- if one believes what’s claimed in many comments and forums these days.

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

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

Source:

Saefong, Myra P. “Peter Schiff: Reckless Fed may push gold to $5,000.” MarketWatch.com. 25 Apr. 2014. (http://www.marketwatch.com/story/peter-schiff-reckless-fed-may-push-gold-to-5000-2014-04-25?pagenumber=1). 25 Apr. 2014.

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Chicago Gangs Completely Out Of Control?

“Mayor Rahm Emanuel today decried the weekend violence that left at least nine people dead and at least 36 wounded in Chicago, calling for adults around the city to instill the right values in their children and to stand up for the safety of their neighborhoods…”

-Chicago Tribune website, April 21, 2014

This past weekend, I read some interesting takes on the Chicago-area violence from individuals much closer to it than most. Billy Briggs of the The Daily Telegraph (UK) wrote Saturday:

It’s an opinion I hear later from another gangbanger with the Black P Stones. The Stones are one of the Latin Kings’ rivals and have about 30,000 members.

In the suburb of Maywood on the city’s west side, I interviewed an ex-con called Anthony, better known on the streets by his nickname, Chopper, an allusion to his role in cutting illegal drugs before distribution…

He says Chicago’s latest problems are a result of gang discipline breaking down and the rise of a new generation of gangbangers who are completely out of control.

All the structure in the gangs is gone, so there is no leadership. There is so much shooting going on, nobody knows where to turn. It ain’t the older guys, it’s the young guys, as young as 13. It wasn’t like that in the 80s or 90s. This is new. Some of these guys just shoot for fun.”

(Editor’s note: Bold added for emphasis)

This perceived lack of structure and leadership was also highlighted in a different Chicago gang piece that appeared on The Guardian (UK) website this weekend. John Swaine discussed the recent shooting death of area rapper Mario Hess aka “Blood Money” and “Big Glo,” and reported Saturday:

In the 1990s, the aggressive jailing of gang leaders left behind a more fractured setup that is even more difficult to control.

“Back then, two of the heads could stand up and say ‘OK: enough, we gonna have a peace treaty,’” said Renaldo Hess, 43, who managed Blood Money before his murder last week.

“Now, it’s much more chaotic.”

(Editor’s note: Bold added for emphasis)


“Chicago news crew catches shooting on tape”
YouTube Video

So the jailing of gang leaders created an environment today in the Chicago-area gangs where structure and discipline is severely lacking. Toss in some feral urban youth into the mix- and the rampant gang-related violence that’s constantly in the local news these days makes a lot more sense.

Kind of messed up we have to hear that from individuals on/around the inside and from overseas publications.

Whereas here in the Chicago area, all we ever get from the politicians, their disciples, and their presstitutes is that a lot of the violence comes from not enough gun “control.”

Yet, I’d be surprised to find out if even one FOID card holder was involved in any of that carnage over the past weekend.

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

Sources:

Briggs, Billy. “Armed and ready in Murder City, USA.” The Daily Telegraph. 19 Apr. 2014. (http://www.nzherald.co.nz/world/news/article.cfm?c_id=2&objectid=11240669). 20 Apr. 2014.

Swaine, John. “Chicago gang shootings go on as Mayor Emanuel boasts crime at ‘record low’” The Guardian. 19 Apr. 2014. (http://www.theguardian.com/world/2014/apr/19/chicago-deadly-shooting-guns-rahm-emanuel-2014). 21 Apr. 2014.

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Latest New York Times Article On Preppers

“It would be easy to assume that a prepper convention would be peopled with right-wing zealots with a taste for guns and gold, or what survivalists like to call ‘the bullet-and-bullion set.’ But while there was one man standing at a booth handing out business cards for Operation American Spring, a movement to impeach President Obama, there was also a countervailing element of organic gardeners, homeopathic healers and publishers selling books on the commercial uses of hemp…”

-Alan Feuer, The New York Times website, April 6, 2014

Yesterday I came across an article about the third annual National Preppers and Survivalists Expo- a 2-day event focusing on the preparedness, self reliance, supplies and survival skills that are crucial when a catastrophe strikes- on the website of The New York Times.

It was an interesting piece by Alan Feuer, who also wrote “The Preppers Next Door” for the Times back in January 2013.

I blogged back on January 31 of last year:

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

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

“Capitalism of Catastrophe” also seemed to be quite fair.

Which may be surprising to some.

As I mentioned in that January 31 post:

Articles by mainstream journalists in which preppers aren’t portrayed as somewhat to full-blown kooky are few-and-far-between…

You can read Feuer’s April 6 article here on the Times’ website.

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

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Signs Of The Time, Part 74

Any readers know who Oscar Ramiro Ortega-Hernandez is?

He was the young man charged with the attempted assassination of U.S. President Barack Obama back in November 2011 when he fired shots at the White House. Thankfully, no one was hurt in the attack.

The other day, I spotted this on the legal news site LawyerHerald.com. A staff writer reported Tuesday:

According to a Bloomberg report, an Idaho man has been sentenced to 25 years in prison after pleading guilty to firing an assault rifle at the White House from his car. 23 year-old Oscar Ramiro Ortega-Hernandez admitted to shooting at the White House from his car. His lawyers claimed in a memo to presiding US District Judge Rosemary Collyer that their client has the misguided idea that his action would make the public aware that an Armageddon is coming and that Ortega-Hernandez has no intention to hurt anyone nor President Barack Obama…

Ortega-Hernandez’s lawyers had asked Collyer to hand down only a 10-year jail sentence for their client…

According to the memo submitted to Collyer for a reduced sentence, Ortega-Hernandez allegedly fell under the influence of survivalists following a childhood where he has been living in many places and saw his parents separated…

(Editor’s note: Bold added for emphasis)

Ah, it was the survivalists’ fault.

Apparently, Judge Collyer didn’t buy that argument.

But it was only a matter of time before someone demonized preppers/survivalists again after the Sandy Hook shootings.

Remember what was being said back then about one of the first victims of the violence- Nancy Lanza? I blogged on December 17, 2012:

I’ve come across two more web articles that don’t paint the modern survivalist movement in a positive light.

In fact, some might argue they’re attempting to connect prepping with the Sandy Hook school shootings.

From The Telegraph (UK) website yesterday:

Connecticut school shooting: Adam Lanza’s mother was preparing for disaster

The mother of the gunman who killed 20 children and seven adults in America’s worst school massacre, was a gun-proud “survivalist” preparing for economic collapse, it has emerged.

Nancy Lanza, whose gun collection was raided by her son Adam for Friday’s massacre at Sandy Hook school, was part of the “prepper” movement, which urges readiness for social chaos by hoarding supplies and training with weapons.

“She prepared for the worst,” her sister-in-law Marsha Lanza told reporters. “Last time we visited her in person, we talked about prepping – are you ready for what could happen down the line, when the economy collapses?”

And then there’s this from The Independent (UK) site this morning:

Mother of Sandy Hook school gunman Adam Lanza was a ‘prepper’ survivalist preparing for economic and social collapse, say reports

Friends and family have portrayed Mrs Lanza as a paranoid ‘survivalist’ who believed the world was on the brink of violent collapse.

“Paranoid.” Regrettably, preppers and survivalists should expect more of the same from the establishment politicians, their “presstitutes,” and low-information supporters going forward.

Whereas I- not a prepper but gleaning ideas and knowledge from them- see these individuals for the most part as simply wanting to carry on with their lives and look after themselves, loved ones, and friends in the event of an emergency or disaster.

Did I mention that by their actions they free up police, fire, and other public safety agencies to attend to those who for some reason or another failed to prepare for a major crisis?

Paranoid, or actually patriots?

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

Source:

“Court hands out a 25-year prison sentence on White House shooter.” Lawyer Herald. 1 Apr. 2014. (http://www.lawyerherald.com/articles/5175/20140401/court-hands-out-a-25-year-prison-sentence-on-white-house-shooter.htm). 4 Apr. 2014.

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Welcome To Cold War 2

There’s been quite a bit of talk in the mainstream media these days about Russia and the United States being in a new “Cold War.”

As if the Syrian crisis didn’t provide a hint.

In “honor” of Cold War 2, I thought I’d bust out this Elton John classic for readers (I’ve never been a big fan of Elton John, but liked this tune since I first heard it back in the mid-eighties):


Elton John, “Nikita” (1985)
YouTube Video

Even though I first saw this video in 1985, it took me 29 years to realize Elton John was operating the windows of the Rolls Royce Corniche as if the convertible top was on. It wasn’t. Funny guy.

And because I didn’t see the film version of Tommy until 1994, I didn’t realize John had reprised his role as The Pinball Wizard when I first watched the music video on MTV 9 years earlier.

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

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Chicago Police Superintendent Garry McCarthy On IL Concealed Carry Licenses: ‘Stand By And Watch What Happens’

Many Chicagoans already know that Chicago Police Department Superintendent Garry McCarthy is not a big fan of Illinois Concealed Carry Licenses, or CCLs. And the former New York cop is predicting things will get ugly with these additional guns on the street- despite their being in the possession of vetted, law-abiding residents who’ve received more training than a number of their counterparts in the 49 others states where concealed-carry became legal prior to Illinois. From the website of Chicago CBS affiliate Channel 2 this past Tuesday:

McCarthy, who has been one of the most vocal critics of the law allowing Illinois residents to carry concealed firearms in public, warned there will be confrontations that could escalate into a deadly shooting – similar to January, when a retired police officer shot and killed a man who had been using his cell phones during the previews at a movie theater; or when a Florida man shot four teens – killing one – during an argument over loud rap music in 2012.

“There are going to be confrontation situations. We’re hearing stories across the country about people getting shot over ‘thug music,’ right? Or somebody throwing popcorn in a movie theater,” he said. “These things are going to come, as sure as we’re standing here.”

He said deadly shootings involving people supposedly acting in self-defense will be seen in Illinois now that residents can carry guns in public.

Stand by and watch what happens. The answer to gun violence is not more guns,” McCarthy said…

(Editor’s note: Italics added for emphasis)

A few things worth noting here…

“We’re hearing stories across the country about people getting shot over ‘thug music,’ right?” Stories? Or story? If we’re talking about recent shootings over “thug music,” I’m only aware of the Jacksonville, Florida, incident that took place on November 23, 2012, which the mainstream media and anti-gun/gun “control” supporters have been desperately trying to equate with the Trayvon Martin shooting.

“Or somebody throwing popcorn in a movie theater?” The individual charged with shooting the popcorn-tosser is a retired Tampa Police Department captain. While studying the gun “debate” these past several years, I’ve observed calls to no longer exempt retired/separated civilian law enforcement officers from those restrictions placed on other civilians (military police personnel I’ve worked in the past were quick to make that point) regarding the ownership/carrying of firearms. The incident involving Captain Reeves may have added fuel to the flames as far as this exemption is concerned. I’m not so sure Superintendent McCarthy wants to keep dragging up the incident involving Captain Reeves, lest more attention be focused on the above (although I understand the retired police officer did possess a valid Florida concealed-carry permit).

“Stand by and watch what happens.” Superintendent McCarthy predicts “deadly shootings involving people supposedly acting in self-defense will be seen in Illinois now that residents can carry guns in public.” Possibly.

To which I add this forecast. Based on the experiences of the 49 others states with legal concealed-carry, there won’t be “blood running in the streets” as the anti-gun/gun “control” crowd would like to make you think is going to happen.

Instead, numerous acts of violence will be thwarted by Illinois CCL holders.

And to tweak what Superintendent McCarthy said earlier, deadly shootings involving people acting in self-defense will be seen in Illinois now that residents can carry guns in public.

Criminals are bound to get perforated by law-abiding citizens in this changed environment more in favor of the victims.

All the while, I’ll be playing the world’s smallest violin…

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

Source:

“McCarthy Warns Of Dangers From Concealed Carry Law.” CBS 2. 4 March 2014. (http://chicago.cbslocal.com/2014/03/04/mccarthy-warns-of-dangers-from-concealed-carry-law/). 7 Mar. 2014.

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HSBC: China, Not Investment Demand From West, Now Steering Gold Prices

Sounds like China may be firmly in the driver’s seat these days when it comes to steering gold prices. Yue Li reported in The Wall Street Journal’s MoneyBeat blog this morning:

China’s buying of gold jewelry, coins and bars is now the biggest driver of prices, not investment demand from the West, according to HSBC Global Research.

“We would argue that physical demand trends in the emerging world will largely define gold’s price movements this year,” HSBC analysts James Steel and Howard Wen said in a research note.

China alone can take up the equivalent of half of the global gold mine output, while a possible recovery in Indian demand could also act as a boost for the yellow metal as long as the Indian authorities reduce import tariffs on gold.

Investment demand, typically coming from gold exchange-traded funds, had long been considered the sole reason behind the gold’s decade-long bull run…

(Editor’s note: Italics added for emphasis)

Long-time observers of gold have recognized China’s growing influence in this market.

A question that’s probably on their minds is, will Chinese demand continue to steer prices?

Consider what Jennifer Schonberger wrote on the FOX Business website back on February 21:

China overtook India last year as the world’s largest buyer of physical gold, according to the World Gold Council. In 2013, Chinese demand for gold bars, coins and jewelry soared 32% to a record high, as China imported 1,066 metric tonnes of the precious metal, or more than one third of the 2,968 metric tonnes of gold produced globally.

And last year’s record wasn’t a one-hit wonder. This year, the World Gold Council expects China to remain the world’s largest consumer of physical gold. While down slightly from last year’s record level, the research body projects China will still gobble up a robust 1,000 tonnes to 1,100 tonnes of gold in 2014. China accounts for roughly 25% of global demand for gold and is likely to boost its share in coming years. The stock of gold in China is less than half of India and consumption per head in China is still catching up to other markets.

The Chinese gold rush comes after China’s government lifted restrictions on gold ownership. Until 2002, Beijing barred citizens from owning gold bars and coins. Culturally there’s been an appreciation for gold for a long time in China, but citizens weren’t able to access it to the extent they have over the past 12 years. Now that China has lifted restrictions, the government has unleashed pent-up demand…

I blogged last April what the demand for the precious metal has looked like in China at times.

In the meantime, the financial mainstream media here in the West keeps running pieces about gold’s imminent demise. And no doubt plenty of Americans will keep believing it.

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

Sources:

Li, Yue. “China Now Biggest Driver of Gold Prices, HSBC Says.” MoneyBeat. 4 Mar. 2014. (http://blogs.wsj.com/moneybeat/2014/03/04/china-now-biggest-driver-of-gold-prices-hsbc-says/). 4 Mar. 2014.

Schonberger, Jennifer. “Going for the Gold: Chinese Demand Could Be Gold’s Long-Term Bid.” FOX Business. 21 Feb. 2014. (http://www.foxbusiness.com/investing/2014/02/21/going-for-gold-chinese-demand-could-be-golds-long-term-bid/). 4 Mar. 2014.

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Chicago, The Writing Is On The Wall

The city of Chicago is in for some tough times down the road.

“The Machine” keeps putting a positive spin on the city’s deteriorating financial condition, but the numbers don’t lie. I’ve rattled them off time and time again, the most recent being Tuesday. The Chicago press (sans Fran Spielman over at the Chicago Sun-Times and a few others) has even caught on, publishing articles with more frequency these days that reveal just how ugly the city’s finances truly are. Case in point, a Chicago Tribune editorial entitled “Chicago is on the road to Detroit” that appeared on their website yesterday. From the piece:

By the most recent numbers, Mayor Rahm Emanuel’s government owes $13.9 billion in general obligation bond debt, plus $19.5 billion in unfunded pension obligations. Add in Chicago Public Schools and City Hall’s other “sister agencies” and you’re talking billions more in debts that Chicago taxpayers owe. Yet here we are on a Wednesday when the mayor probably will get approval from a derelict City Council to issue another up-to-$900 million in bonds backed by property taxes — and to double, to $1 billion, the amount of short-term bank money his administration can borrow to raise cash…

(Editor’s note: Italics added for emphasis)

By the way, Mayor Emanuel got that approval. Fran Spielman reported on the Chicago Sun-Times website Wednesday morning:

Without a word of debate, the City Council on Wednesday blindly added $1.9 billion to Chicago’s mountain of debt even though aldermen have no idea how the money will be spent.

The vote was 43-to-4. “No” votes were cast by Aldermen Bob Fioretti (2nd), Scott Waguespack (32nd), Brendan Reilly (42nd) and John Arena (45th)…

Now, I’ve heard/read some Chicagoans say something along the lines of don’t worry about the city’s finances, Governor Quinn and the State of Illinois or President Barack Obama and the federal government will ride to the rescue of their fellow Democrats in control of the “Windy City.”

To which I say, I’m not so sure. Is there anyone in America who doesn’t know how much of an economic basket case the “Land of Lincoln” is? A $100.5 billion public pension debt and the worst credit rating of all 50 U.S. states routinely make headlines across the country. As for the federal government, I keep encountering the words “insolvent” and “bankrupt” more and more these days to describe the nation’s finances. And don’t think for a second other economically-challenged cities across the country won’t cry foul to the Oval Office and their elected representatives if Chicago is bailed out. I find it hard to believe the State of Illinois or the Feds could come to Chicago’s rescue without there being serious financial and political repercussions.

Chicago, the writing is on the wall. By the looks of things, that great city where I was born and from which I recently just left is now past the proverbial point of no return, no longer looking capable of effectively navigating the growing financial crisis.

While I don’t foresee the city’s death, I do envision a continuation of its already gradual decline until a point of fiscal implosion is reached. Will it be Detroit-esque in its bottoming out? I don’t know. But it sure as hell won’t be pretty.

Faced with such a scenario, will Chicagoans choose to stay and contend with the almost certain prospect of much higher taxes and fees in conjunction with curtailed city services (public safety comes to mind here), or will they depart the “Second City” like I did?

One might think the latter (going), but I’m sure there will be plenty of the former (staying).

In the interests of surviving and prospering, which is the better choice?

I don’t think the answer is as clear-cut as many readers might think. And it’s something I’ll be exploring and blogging about more in the coming days.

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

Sources:

“Chicago is on the road to Detroit.” Chicago Tribune. 5 Feb. 2014. (http://www.chicagotribune.com/news/opinion/editorials/ct-chicago-debt-edit-0205-20140205,0,3757189.story). 6 Feb. 2014.

Spielman, Fran. “City Council OKs going $1.9 billion deeper into debt.” Chicago Sun-Times. 5 Feb. 2014. (http://www.suntimes.com/25398572-761/city-council-oks-going-19-billion-deeper-into-debt.html). 6 Feb. 2014.

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