ISIS-Linked Group Calls For New Year’s Eve Attacks As Other Plots Foiled

Earlier today I looked into known terror threats for New Year’s Eve 2017.

Lots of “no known credible threats” from various authorities, but I did come across one reported on by the Daily Mirror (UK). Richard Wheatstone wrote on their website Thursday:

An ISIS-linked group has called on extremists to make New Year’s Eve celebrations “bloody horror movies”…

Islamic State-linked group Nashir Media Foundation published propaganda warning revellers: “Prepare your coffins as well. Your celebrations have become a battlefield” – according to terrorism watchdog SITE Intel Group.

#ISIS supporters calling for #NewYearsEve & holiday attacks in recent weeks, call to make celebrations “bloody horror movies” pic.twitter.com/FZlDrlEqq2

-Rita Katz (@Rita_Katz) December 29, 2016…

(Editor’s note: Bold added for emphasis)

It sounds like jihadists in different parts of the world have been busy leading up to the last day of 2016. Wheatstone noted:

Seven people were also arrested in Moscow on suspicion of planning ISIS New Year’s Eve attacks allegedly involving automatic weapons and explosives…

(Editor’s note: Bold added for emphasis)

In addition, there’s this from the Daily Express (UK) yesterday. Rebecca Flood reported on their website Wednesday:

One plot to cause carnage on December 31 has been stopped in France, police revealed.

One man was arrested in Cugnaux, south west France, plotting New Year terror, while a further two were captured in raids in nearby Toulouse. One of those suspects is accused of hatching a plan to attack police officers.

Police sources said the man arrested in Cugnaux, is “known to (police) services, and he is suspected of wanting to carry out an attack on Dec 31”.

In nearby Spain National Police officers uncovered four magazines for AK-47s and roughly 30 cartridges during an operation, where they swooped on two suspected jihadis aged between 18-25 in Madrid.

The pair, whose families are from Gambia and Morocco, were arrested on suspicion of encouraging terrorism…

(Editor’s note: Bold added for emphasis)

Russia. France. Spain.

But all quiet on the American front in the “War on Terror.”

Or is it?

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

Sources:

Wheatstone, Richard. “ISIS-linked group calls on extremists to make New Year’s Eve celebrations ‘bloody horror movies.'” Daily Mirror. 29 Dec. 2016. (http://www.mirror.co.uk/news/world-news/isis-linked-group-calls-extremists-9533892). 29 Dec. 2016.

Flood, Rebecca. “New Year’s Eve Terror: Two attacks foiled as helicopters with machine guns guard cities.” Daily Express. 28 Dec. 2016. (http://www.express.co.uk/news/world/747941/terror-attack-plot-New-Year-Eve-foiled-police-cities). 29 Dec. 2016.

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Thursday, December 29th, 2016 Europe, Middle East, Public Safety, Religion, Terrorism, War No Comments

Robert Shiller: ‘There Might Be A Trump Boom Coming’ In U.S. Housing Market

Earlier this month, I blogged about Yale University Economics Professor Robert Shiller discussing a “Trump Rally” in stocks. Tuesday morning, the Nobel Prize winner- who correctly-called the dot-com and housing busts of the last decade- spoke to Bloomberg TV about a potential “Trump Rally” in the U.S. housing market. He told viewers:

Existing home sales are high. New home sales are high. There might be a Trump boom coming. I’m not forecasting that. I’m wondering…

Later, Dr. Shiller talked about home price gains going forward:

I could easily see a continuation of the trend that we’ve been having in recent years- the five percent nationwide- going on. That’s one scenario…

The other scenario is the “Trump Boom” scenario. And I just don’t know. The Fed is showing tightening. But Janet Yellen is not apparently a big Trump supporter. So there’s a little tension going on. But I think the “boom” might win out. It’s a possibility. It’s a scenario…


“Yale’s Robert Shiller on U.S. Housing Market”
Bloomberg Video

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

(Editor’s note: A qualified professional should be consulted prior to making a financial decision based on material found in this weblog. If this recommended course of action is not pursued, then it must be understood that the decision is the reader’s and the reader’s alone. The creator/Editor of this blog is 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 contained herein.)

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Thursday, December 29th, 2016 Crash Prophets, Government, Housing, Monetary Policy No Comments

2017 Tax Hits To Chicagoans

“Broken record” time.

“New/higher fees, fines, and taxes, and less government services.”

Regular readers of Survival And Prosperity (and older ones from my Boom2Bust days) know I’ve been warning about this for years now (since 2008?) concerning Chicago- as well as Cook County, Illinois, and lots of other places aroud the country.

And it’s pretty much what has transpired from what I’ve seen.

Particularly in the “Windy City”- where the hits keep on coming. Hal Dardick reported on the Chicago Tribune website this morning:

Chicago property owners hoping for a respite from rapidly rising taxes will be disappointed in 2017, when city government and Chicago Public Schools will continue digging deeper into their pocketbooks.

Two more major property tax increases are coming. So is a new tax on water and sewer service. And some city dwellers will face other rising costs: a fee for each store-provided disposable bag and slightly higher Park District fees.

Come mid-year, city and suburban residents will be paying a new sweetened beverage tax effective in all of Cook County, and another round of Metra fare hikes is coming soon. Here’s a look at what to expect…

(Editor’s note: Bold added for emphasis)

Dardick did a good job summarizing the dents Chicagoans (and Chicagoland residents) could expect to their finances in the new year. Head on over to the Tribune website here to get the entire story.

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

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Chicago’s Christmas Weekend: 61 Shot, 11 Killed

The trend sure hasn’t been Chicago’s friend lately as shootings are concerned.

On November 30, I pointed out that shootings increased in the “Windy City” on the long holiday weekends (Memorial Day, July 4th, Labor Day, Thanksgiving) when compared to last year.

On December 5, I noted Chicago-area expressway shootings have also grown year-over-year since 2013.

And now there’s this from the Chicago Tribune website yesterday. Megan Crepeau, Peter Nickeas, and Katherine Rosenberg-Douglas reported:

A total of 61 people were shot in the city during the holiday weekend and 11 of them died of their wounds, according to data kept by the Tribune. Seven people were killed on Christmas Day alone, more than on the holiday the past three years combined. Three people were killed in 2015, one in 2014, and two in 2013.

The number of people shot over the holiday weekend also sharply outpaced recent years. During the Christmas weekend in 2015, 29 people were shot and seven of them died. In 2014, when Christmas fell on a Thursday, the four-day weekend included 35 people shot and seven people killed, according to Tribune data…

(Editor’s note: Bold added for emphasis)

Looks like Christmas is now part of this deadly trend.

The HeyJackass! website (“Illustrating Chicago Values”) shows 4,345 shot with 787 killed in the city year-to-date.

Wonder what kind of carnage New Year’s Eve might bring?

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

Source:

Crepeau, Megan, Nickeas, Peter and Rosenberg-Douglas, Katherine. “A violent Christmas in a violent year for Chicago: 11 killed, 50 wounded.” Chicago Tribune. 27 Dec. 2016. (http://www.chicagotribune.com/news/local/breaking/ct-chicago-christmas-shootings-violence-47-shot-holiday-weekend-20161226-story.html). 28 Dec. 2016.

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Wednesday, December 28th, 2016 Crime, Public Safety No Comments

Post Number 3,000

I’m back after a break for the holidays.

And I return to find we’ve reached post number 3,000.

3,000. Wow. That’s twice as many posts as were published within the blog’s predecessor- Boom2Bust.com, “The Most Hated Blog on Wall Street,” which ran from Memorial Day weekend 2007 into 2010.

On November 22, 2010, I launched Survival And Prosperity with the following:

Welcome to my new weblog, Survival And Prosperity, “Protecting and Growing Self and Wealth in These Uncertain Times.” My name is Christopher Hill, and I’m the creator and Editor of this blog. Survival And Prosperity focuses on financial and personal safety in these tumultuous times we find ourselves living in…

Six years on and in even more “uncertain times,” the focus of the project remains unchanged:

“Financial and personal safety in these tumultuous times”

I elaborated on the “About” page one day before the blog’s roll-out:

Survival And Prosperity is unlike other financial blogs in that SP focuses simultaneously on finance and personal safety, two areas Christopher Hill has spent a lot of time researching these past couple of years and which are intertwined in any serious discussion about surviving and prospering in tumultuous times. Case in point, an individual might pursue a strategy of wealth preservation and growth that would pay off handsomely in a financial crash. Yet, if personal safety was ignored in the process, that same individual might end up a victim of the social turmoil that is sure to accompany the economic collapse. So much for that new-found wealth, right?

It is my hope that many of the over half-a-million unique visitors to Survival And Prosperity since its creation have taken something useful away from the “serious discussion.”

And as economic and societal uncertainty spills over into the new year- and foreseeable future- I will keep this project moving forward.

Thank you for joining me on the “ride.”

Christopher E. Hill
Editor

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Tuesday, December 27th, 2016 Housekeeping No Comments

Philly’s Fox 29 News Visits “The Preppers Next Door”

Last night I came across a Fox 29 (Philadelphia) news segment from December 6 entitled “A visit with the preppers next door.” From the accompanying article:

Don’t call them paranoid. Call them prepared.

Meet Mark and his wife Sue. For privacy they asked us not to reveal their last names, but you can call them the “Preppers” next door.

So what are they preparing for?

“You are preparing for any kind of crisis situation. From a car accident to a collapse in society, a zombie apocalypse who knows what,” Mark explained…

The couple showed us what life as a “prepper” is all about…


“A visit with the preppers next door”
Fox 29 Video

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

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Friday, December 9th, 2016 Emergencies, Man-Made Disasters, Natural Disasters, Preparedness, TEOTWAWKI Comments Off on Philly’s Fox 29 News Visits “The Preppers Next Door”

Further Confirmation Of Chicago Police Department’s Manpower Shortage

Reading the popular Chicago police blog Second City Cop on a regular basis, I became aware several years ago of the manpower shortage going on in the Chicago Police Department.

Subsequently, I started blogging about the city’s truly “thin blue line” a little over five years ago.

Further confirmation of the depleted CPD ranks comes from Dan Mihalopoulos over at the Chicago Sun-Times, where he reported on their website this evening:

Even if Mayor Rahm Emanuel manages to add nearly 1,000 cops in the next couple years, his promised surge of new hires would barely make up for the decline in the Chicago Police Department’s ranks on his watch.

There were 6,244 rank-and-file police officers working the city’s 22 police districts as of Oct. 19, records obtained by the Chicago Sun-Times show. That’s down more than 800 from the 7,047 beat cops shortly after Emanuel took office in 2011

(Editor’s note: Bold added for emphasis)

And then there’s retirements. Mihalopoulos added:

The already-brisk pace of retirements is rising. In October, the Sun-Times reported 274 officers declared their intention to retire by June 30, driven by an expiring offer of free health care for cops who are 55 years old…

(Editor’s note: Bold added for emphasis)

Mihalopoulos wrote an insightful piece about this situation, which can be found here on the Sun-Times website.

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

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Friday, December 9th, 2016 Government, Public Safety Comments Off on Further Confirmation Of Chicago Police Department’s Manpower Shortage

Robert Shiller On Stocks: ‘I Can Imagine That It Might Go Up From Here, For A While, Even Though It’s At A High Level’

Yale University Economics Professor Robert Shiller was on CNBC this morning taking about the “Trump Rally” in stocks. The Nobel Prize winner, who correctly-called the dot-com and housing busts of the last decade, was asked if he thought U.S. President-elect Donald Trump is good for stocks. He replied:

Probably in the short run… I’m tempted to be optimistic, for the short run…

(Editor’s note: Bold added for emphasis)

On the possibility that equities might be at the end of a cycle, Dr. Shiller responded:

I’m certainly not saying we’re there now. In fact, it’s the other way around. I’m thinking, the market does look high. I think, maybe I wouldn’t go overall in a big way into the market. But going into under-priced, lower-priced sectors at this point- it still looks okay. It’s still going to give you a better return than investing in fixed incomes.

(Editor’s note: Bold added for emphasis)

The “crash prophet” was also asked if he was at the point of raising a “red flag” on the stock market rally. Shiller told viewers:

I can imagine that it might go up from here, for a while, even though it’s at a high level.

(Editor’s note: Bold added for emphasis)


“Shiller: It’s not a good time, but I’m not saying panic”
CNBC Video

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

(Editor’s note: A qualified professional should be consulted prior to making a financial decision based on material found in this weblog. If this recommended course of action is not pursued, then it must be understood that the decision is the reader’s and the reader’s alone. The creator/Editor of this blog is 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 contained herein.)

Latest edition of the Dr. Shiller classic…

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Thursday, December 8th, 2016 Crash Prophets, Government, Investing, Stocks Comments Off on Robert Shiller On Stocks: ‘I Can Imagine That It Might Go Up From Here, For A While, Even Though It’s At A High Level’

Maxon’s Gun Shop, Range Coming To DuPage County?

The last time I blogged about Maxon Shooter’s Supplies and Indoor Range in the near-northwest suburb of Des Plaines, I was congratulating them back in February 2015 on receiving a prestigious Five Star rating from the National Shooting Sports Foundation (NSSF).

These days, Maxon’s is in the local news for their proposed expansion into DuPage County, Illinois. Erin Hegarty reported on the Chicago Tribune website on November 23:

Preliminary plans have been proposed for an indoor shooting range and gun shop in Warrenville, just across the street from Naperville on Ferry Road.

Naperville resident Dan Eldridge already owns the Maxon Shooter’s Supplies and Indoor Range in Des Plaines. Building a second location in Warrenville was a necessity because he needs more classroom space, he said, but it will also fill a void for this type of business in the western suburbs.

“This would allow us to grow in an underserved area in Chicagoland,” Eldridge said.

The new location on 7-plus acres at 30W255 Ferry Road will serve residents in Warrenville, Naperville and Aurora – a market that lacks facilities for shooting classes and practice ranges, he said. Its proximity to Route 59 and Interstate 88 will allow them to attract shooting enthusiasts from as far as 20 to 30 miles away, he said…

(Editor’s note: Bold added for emphasis)

According to Hegarty, Maxon’s owner figures the new facility would employ about 25 full- and part-time workers.

You can read the entire article on the Chicago Tribune website here. And for more information about Maxon’s, head on over to their site here.

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

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Thursday, December 8th, 2016 Firearms, Hunting, Self-Defense, Shooting Sports, Training Comments Off on Maxon’s Gun Shop, Range Coming To DuPage County?

Jim Rogers: ‘Gigantic, Gigantic Currency Turmoil’ Coming

Well-known investor, author, and financial commentator Jim Rogers recently spoke to Mike Manciel of the Rethinking the Dollar project, whose objective is “to promote the importance of alternative education in the realm of monetary literacy.” In the exchange posted on YouTube.com on November 26, the former investing partner of George Soros in the legendary Quantum Fund talked about a number of financial topics, including currencies. Rogers told viewers:

In the next decade- if not much sooner- we’re going to have gigantic, gigantic currency turmoil. And that’s going to affect everything… The dollar is going to have a lot of problems. All currencies are going to have a lot of problems…

Addressing the U.S. dollar specifically, the Singapore-based investor said:

At the moment, I’m certainly watching currencies- especially the U.S. dollar. I own a lot of U.S. dollars for a variety of reasons…

People are worried about what’s happening in the world. And so a lot of money is coming into the U.S. to escape the turmoil they see elsewhere. Coming into the U.S. dollar. People think, Mike, around the world, think that the U.S. dollar is a safe haven. It’s not… But everybody thinks, they have the perception, that the U.S. dollar is a safe haven for historic reasons. So when they get scared they put their money into U.S. dollars. So the U.S. dollar is going higher and higher. I mean, that’s why I own a lot of U.S. dollars. Not because I think it’s a great place to be. Because I know the turmoil is coming. I know people will be scared. And the dollar will get overpriced. Might even turn into a bubble, Mike, before it’s over. But then, when everybody starts saying, “Wait a minute, this is crazy.” They start looking at the real fundamental situation of the U.S. dollar. Then they go and dump their U.S. dollars- I hope I get out first. And we’re going to have a gigantic, gigantic crisis. Be worried Mike, be worried…


“RTD Ep:50 “The Dollar Is Going To Have A Lot Of Problems” – Jim Rogers”
YouTube Video

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

(Editor’s notes: Info added to “Crash Prophets” page; a qualified professional should be consulted prior to making a financial decision based on material found in this weblog. If this recommended course of action is not pursued, then it must be understood that the decision is the reader’s and the reader’s alone. The creator/Editor of this blog is 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 contained herein.)

Rogers’ latest book…

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Wednesday, December 7th, 2016 Crash Prophets, Currencies, Investing Comments Off on Jim Rogers: ‘Gigantic, Gigantic Currency Turmoil’ Coming
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