Barack Obama

Peter Schiff: ‘Silver Might Even Be A Better Buy Than Gold’

Euro Pacific Capital CEO Peter Schiff, who correctly-called the housing bust and economic crisis last decade, just published a new entry to his Peter Schiff’s Gold Videocast vlog on YouTube.com. From earlier today:

As long as we have the strength of the dollar, we can continue to borrow money to pay for imports. We can continue to go deeper and deeper into debt. But the minute the illusion runs crashing into reality, and people recognize the situation that we’re in. That we didn’t have a legitimate recovery. That we just had a bubble. And rather than higher interest rates and a real recovery, we’re back in recession. And the Fed is going to try its hardest to blow more air into this bubble. It is not going to work. And this collapse in the dollar today is just the beginning. The dollar has a long way to fall. Not only does it have to reverse all its ill-gotten gains, but it has a long way to go beyond that. Because the problems for the dollar, the fundamentals for the dollar, have gotten worse the entire time the dollar was rallying. And it’s this phony rally in the dollar, it’s this false belief in a higher dollar and higher interest rates, that have wreaked havoc with the emerging markets, with emerging market currencies, with commodities. And all of these markets are going to be able to breathe a huge sigh of relief as the Fed backs away from these rate hikes and the dollar begins to tank. But probably the biggest beneficiary of the Fed’s new easing, this new easing cycle that I think is about to begin, is going to be gold. Gold has fallen for the last few years based on this false belief that everything is great, and we’re going to have a return to normalcy, and the Fed is going to shrink its balance sheet. Nothing could be further from the truth. The balance sheet is about to blow up. We’re going to go up to $10 trillion. The national debt just surpassed $19 trillion officially. It’s going to be $20 trillion by the time Barack Obama leaves office- maybe more. He’s doubled the national debt. The next president will have to double it again in order to keep this house of cards from collapsing. I think it’s impossible to finance- that type of growth in debt. But that’s what this bubble economy needs. Because all of our GDP grows based on debt. It’s not real economic growth. It’s just consumption that’s borrowed. And you need to borrow more and more money to get less and less GDP growth. And we’ve run to the point where we can’t do it anymore. The world is not going to continue to give us a pass. And so gold prices, I think, are going to take off. I think the correction from this long-term bull market is over. And I think gold is going to make new highs. And of course if gold is going to make new highs, so is silver. And so silver might even be a better buy than gold because silver corrected a lot more during the correction. And so it has a lot more lost ground to make up for.


“Fed Blinks: Tightening Financial Conditions Will Derail Rate Hike Expectations”
YouTube Video

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.)

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Peter Schiff: U.S. Stocks In Bear Market, Economy In Recession, ‘Going To Be Longer And Deeper Than The Great Recession of 2008-2009’

The last “crash prophet” I’ll be talking about today is Euro Pacific Capital CEO Peter Schiff. Earlier Monday I watched Graham Ledger interview Schiff, who correctly-called the housing bust and economic crisis last decade, on the January 21 installment of The Daily Ledger show (One America News Network). From their exchange:

LEDGER: Do we have the indicators right now of a bear market?
SCHIFF: Well, sure, not only are we in a bear market in stocks. I think we’re in a recession, economically. When you played the clip from President Obama’s State of the Union- when he talked about people peddling fiction I thought he was talking about me. But I’m the one who’s selling reality. He’s peddling a bill of goods trying to pretend this recovery is real. But whatever it was- it’s over. And I think the recession that we’re in now is going to be longer and deeper than the Great Recession of 2008- 2009. And of course, all bear markets begin as corrections. But they don’t officially call it a bear market until it’s down 20 percent. The Russell 2000 is down 25 percent, the Dow Transports are down 30 percent, many individual sectors and stocks are down a lot more than 20 percent. And so it sure feels like a bear market even though officially Wall Street hasn’t declared it a bear market. But if the Fed doesn’t come up with a QE 4. Which I think it’s going to do. I think it’s a mistake. They shouldn’t do it. They shouldn’t have done 1, 2, and 3. But the only way to stop an official bear market will be for the Fed to reverse course, reduce rates, and launch another round of QE. That’s it.


“Market Tanking After Fed Pricked Their Own Bubble”
YouTube Video

Schiff went on to talk about how the U.S. auto “bubble” has burst, the U.S. housing market is also a “problem,” and that he predicts “a lot of people are going to lose their jobs in this recession.” Regarding the Federal Reserve and Janet Yellen? They’re going to try and keep this thing afloat until November. From the interview:

Obama’s whole claim to fame is that he inherited a disaster, and now everything is great. The truth is, he inherited a disaster, and now it’s a bigger disaster. But he doesn’t want the voters to know that in November. And I think Janet Yellen is a team player. I think she looks at herself as a member of the Obama administration. She is a very partisan, liberal Democrat. And she doesn’t want this thing to collapse until the election is over. Now, I don’t know if she’s going to succeed. I think she’s going to try though.

Like fellow “crash prophet” Jim Rogers, Schiff believes China is being used as a scapegoat for America’s latest financial woes.

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.)

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SP Intel Report- December 8, 2015

How’s this for timing? Bringing up the rear in my last SP Intel Report entry:

I too believe it’s only a matter of time before a major terror attack is launched by jihadists against the U.S.

Okay, so the San Bernardino, California, terrorist attack (pretty pathetic how some tried real hard to paint this as merely workplace-related violence) wasn’t exactly “major,” and anyone with at least half-a-brain should have seen this coming. But the Muslim extremists are here, and they will strike again at the “homeland” on the level of what just happened out on the “Left Coast” (all that gun “control” didn’t work out too well for California in this instance) all the way up to another 9/11-type attack with thousands of Americans dead.

Chicagoland

U.S. Supreme Court Declines To Hear Appeal Of Lower-Court Ruling Upholding City of Highland Park, Illinois, Assault Weapons Ban

From a press release published on the City of Highland Park website Monday:

On Monday, December 7, 2015, the United States Supreme Court announced that it will not entertain a challenge to the City of Highland Park’s ban on assault weapons and large-capacity magazines, thus allowing the 7th Circuit Court opinion supporting the ordinance to remain standing. This Supreme Court’s determination is a resounding victory for the City of Highland Park and the safety of its residents…

Or so their local government leaders think. For a number of years now I’ve thought Highland Park might be a potential target for home-grown and visiting jihadists in the Chicago area due to its significant Jewish population that, in general, doesn’t seem to celebrate the natural right to self-defense and firearm protections provided by the Founding Fathers like their brethren do over at the JPFO (Jews for the Preservation of Firearms Ownership). One might think world history would cause them to act otherwise. Here’s hoping the Highland Park Police Department is equipped with some major firepower, because if the (aspiring) terrorists weren’t familiar with Highland Park already, they are now, considering the amount of nationwide publicity gun “control” supporters (mainstream media) are giving this inaction by the U.S. Supreme Court. The “North Shore” community might now look even “softer” in the eyes of these bad guys. Good luck with that.

Illinois

Illinois State Rifle Association Declares December 12-13 To Be ‘Illinois Family Security Weekend’

Speaking of that last SP Intel Report entry, in it I talked about a November 14, 2015, Facebook post from the Illinois State Rifle Association in which they issued an “Urgent Alert” regarding terrorism preparedness. Well, the ISRA just issued another alert today. From their website:

SPECIAL ALERT
THIS WEEKEND IS “ILLINOIS FAMILY SECURITY WEEKEND”
PROTECT YOUR FAMILY – PREPARE FOR THE WORST

The closing months of 2015 provide chilling proof of just how successful Obama has been in engineering the decline of the USA. In less than 8 years, the USA has gone from world power to whimpering “also ran.” There is no better illustration of this sad state of affairs than the happenings of the last several weeks.

In October, cultists bombed a Russian airliner killing more than 200 people. In November, cultists bombed and shot more than 100 people in attacks on Paris’ entertainment district. In response to these attacks, Europe banded together under the leadership of President Putin to deliver a staggering military attack on cultist strongholds.

Earlier this month, cultists attacked a Christmas party in San Bernardino – killing 14 and wounding at least a dozen more. In response, Obama got on TV to tell law-abiding citizens to give up their guns and to lecture Americans about how they have to do a better job of making friends.

Get the picture here?

If you think that Obama is capable, or even willing to faithfully discharge his duty to protect this nation and its people from cultist attacks, you are sorely mistaken. That means that the safety and security of you and your family is totally up to you. Are you prepared for that mission?

Your Illinois State Rifle Association has declared the weekend of December 12-13 as “Illinois Family Security Weekend.” The purpose of this declaration is to emphasize the dire situation our nation is in and the necessity for all good citizens to be prepared for swift and devastating changes to our way of life. The Illinois State Rifle Association is asking all Illinois citizens to make a pledge to themselves and their families to spend some time this weekend preparing for the unthinkable, yet inevitable horrors that could be inflicted on our nation at any moment.

Key things that you and your family need to be working on this weekend…

Check out what the ISRA has to say over on their website here.

National

The New York Times Pushes National Gun Confiscation

If there was still any doubt about the ongoing push for nationwide gun confiscation in the United States (did anybody ever really believe that “we’re not coming for your guns” horse crap?), one only needs to read the front page of The New York Times last Saturday. From their Editorial Board:

Certain kinds of weapons, like the slightly modified combat rifles used in California, and certain kinds of ammunition, must be outlawed for civilian ownership. It is possible to define those guns in a clear and effective way and, yes, it would require Americans who own those kinds of weapons to give them up for the good of their fellow citizens

(Editor’s note: Bold added for emphasis)

By the way, this was the newspaper’s first front-page editorial since 1920.

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

Source:

Editorial Board. “End the Gun Epidemic in America.” The New York Times. 4 Dec. 2015. (http://www.nytimes.com/2015/12/05/opinion/end-the-gun-epidemic-in-america.html?_r=0). 8 Dec. 2015.

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SP Intel Report- November 13, 2015

Chicagoland

DIY Solar Electricity, Window Farming For Beginners Classes From The Green Suite

Nick Conrad and The Green Suite will be putting on DIY Solar Electricity and Window Farming for Beginners classes over the next couple of weeks:

DIY Solar Electricity (class #1)
Wednesday, November 18, 7 to 9 PM
The Green Suite, 3958 N. Fremont, Apt. 3, Chicago
$30 to attend, 2 spots left as I type this

Window Farming For Beginners
Wednesday, December 2, 7 to 9 PM
The Green Suite
$30 to attend, 8 spots left

DIY Solar Electricity (class #2)
Tuesday, December 15, 7 to 9 PM
The Green Suite
$30 to attend, 5 spots left

For more information, head on over to The Green Suite website here.

Cook County Finance Committee Approves Ammunition Tax

It comes as no surprise that Cook County, Illinois, aims to tax law-abiding firearm owners in the county for the actions of criminals- yet again. Earlier this week I mentioned Cook County President Toni Preckwinkle had proposed a tax on ammunition sales in the county. Today, the Cook County Finance Committee approved the proposal. Hal Dardick reported on the Chicago Tribune website tonight:

The Finance Committee on Friday approved a series of other new taxes and fees. They include… A new tax on bullets- 5 cents per round of “centerfire ammunition” and 1 cent per round of “rimfire ammunition”- to raise $320,000 a year for public safety and health programs.

Todd Vandermyde, Illinois lobbyist for the National Rifle Association, said the county could expect a court challenge on the bullet fee, just as it is battling a lawsuit against a $25-per-gun purchase tax that went into effect two years ago.

“It seems interesting that the county wants to go down this road again, because you’ll incur even more litigation with a new suit to deal with this issue,” Vandermyde said, noting the relatively small sum the bullet tax is expected to bring in…

(Editor’s note: Bold added for emphasis)

See you in court? I’d be curious to find out how much that $25-per-gun purchase tax lawsuit has cost Cook County taxpayers to date.

Illinois

Illinois State Rifle Association Warns Of State Gun Control Legislation

Still on the topic of firearms tonight, gun control is on the march here in the “Land of Lincoln.” And the Illinois State Rifle Association has identified new initiatives that threaten the Second Amendment. From the ISRA Thursday Bulletin’s “Executive Director’s Message” for November 12, 2015:

In Springfield we have a couple of troublesome House Resolutions introduced. The first of these is HR0830 (Flowers, D-31, Chicago). HR 0830 calls for President Obama to hold a National Conference on Gun Violence by the end of 2015, in Chicago. This of course would be a blame the law abiding gun owners conference more than anything else. There are only 49 days left this year so it would have to happen quickly.

The next resolution, (Welch, D-7, Hillside), urges the courts, especially the Supreme Court, to adhere to the clear wording of the Second Amendment, being a right afforded to state sponsored militias, not individuals (this is their wording, not mine). What this clearly points out is that the Second Amendment is under attack. If you are not disturbed by this, you should be…

(Editor’s note: Bold added for emphasis)

You can read the entire Thursday Bulletin via the ISRA’s Twitter page here.

International

My thoughts and prayers go out to France this evening. While appalled, I am not shocked to hear of the Paris terror attack however. For a couple of years now I’ve talked about the November 2008 Mumbai, India, slaughter being emulated by terrorists. Almost a year ago to this day I blogged:

Something tells me our friends in Western Europe might suffer a major terrorist attack before a strike against the United States…

And on January 7, 2015, I wrote:

I still predict major terrorist attacks having the potential of inflicting large numbers of casualties will be directed against America and its allies in the future. The possible culprits being several, but including Muslim extremists like Al-Qaeda and its affiliates…

(Editor’s note: Bold added for emphasis)

Captain Obvious strikes again? Perhaps. But the notion of a large scale terror attack directed against the United States and/or its allies doesn’t appear to have been registering on the radars of lots of people these days. With a laughable economic “recovery” and plenty of distractions in play by the powers-that-be, who could blame them?

After the carnage in France, America and her allies remain in the crosshairs of the terrorists. Stay safe…

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

Source:

Dardick, Hal. “Preckwinkle wins hotel tax, declines to rule out future hikes.” Chicago Tribune. 13 Nov. 2015. (http://www.chicagotribune.com/news/local/politics/ct-preckwinkle-hotel-tax-cook-county-met-20151113-story.html). 13 Nov. 2015.

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SP Intel Report- October 27, 2015

Chicago

Saw the following on Channel 7 news earlier today:


“Racially-Charged Sign Posted At Pilsen Coffee Shop”
ABC7 Video

If this is for real, I can only imagine the outrage if the sign had said “Black People Out…” or “Mexican People Out…” But since it targeted “White People” in America of 2015, it’s okay then (wink).

I’m going to go out on a limb here and predict that as the U.S. financial crash draws closer, racial violence will pick up. Wish it weren’t so, but history will probably rhyme here.

National

President Obama’s in town this raining evening. Earlier Tuesday, he spoke at the 122nd Annual Meeting of the International Association of Chiefs of Police. Not surprisingly, gun control was on the agenda. From a transcript of the speech:

You know exactly why someone all too often should want to own a gun. It’s a powerful instrument. It helps you do a dangerous job. It’s something that has to be used with care. Many of you, like millions of law-abiding Americans, are sportsmen or hunters, or you’ve got a firearm in your home for protection. But you also know the fact is that it’s too easy for criminals to buy guns — and that makes your already dangerous job far more dangerous than it should be. (Applause.)

And it makes the communities so fearful that it’s harder for them to be a good partner with you, because the streets become abandoned, and parents start not being as involved in monitoring what’s taking place. You have a risk of being shot. It’s risky enough responding to a domestic violence call or a burglary in progress without having to wonder if the suspect is armed to the teeth, maybe has better weapons than you do. And the fact is that in states with high gun ownership, police officers are three times more likely to be murdered than in states with low gun ownership. That is a fact. So you know that more guns on the streets do not make you or your communities safer. (Applause.)

Now, one of the benefits of being President is you travel all around the country, and I do know that there is a difference in what firearms mean and how they are handled in rural communities and in urban settings. And we’ve got to take into account some of the regional differences that are involved. But I do want to emphasize this is not just an issue for cities.

There are those who criticize any gun safety reforms by pointing to my hometown as an example. They say, well, look, Chicago had a spike in homicides this year, they’ve got gun safety laws, so this must be proof that tougher gun safety laws don’t help, maybe make things worse. The problem with that argument, as the Chicago Police Department will tell you, is that 60 percent of guns recovered in crimes come from out of state. You’ve just got to hop across the border. As I said before, it is easier for a lot of young people in this city and in some of your communities to buy a gun than buy a book. It is easier in some communities to find a gun than it is to find some fresh vegetables at a supermarket. (Applause.) That’s just a fact.

And that’s why the IACP and the overwhelming majority of the American people — Democrat and Republican — believe we should require national criminal background checks for anybody who wants to purchase a gun. (Applause.) That’s why the IACP believes we shouldn’t sell military-style assault weapons to civilians. They don’t need them. (Applause.) They don’t need them to hunt a deer. It’s just a simple proposition — cops should not be out-armed by the criminals that they’re pursuing. (Applause.)

As I said, earlier this afternoon I met with families of police officers who gave their lives in the line of duty. And I met with families of children here in Chicago who were taken from us by gun violence. And I do this too often, meeting with grieving families. I’m proud to be able to express to them that the entire country cares about them — (applause) — and that they’re in our thoughts and prayers, and that we’re sorry for their loss. But I have to tell you — and I know some of you have heard my frustration in the past here — when I meet with these families I can’t honestly tell them that our country has done everything we could to keep this from happening again — from seeing another officer shot down, from seeing another innocent bystander suffer from a gunshot wound. And that’s a travesty.

Thirty-two cops have been shot and killed this year. At least a dozen children have been shot and killed this month. About 400,000 Americans have been shot and killed by guns since 9/11 — 400,000. Just to give you a sense of perspective, since 9/11, fewer than 100 Americans have been murdered by terrorists on American soil — 400,000 have been killed by gun violence. That’s like losing the entire population of Cleveland or Minneapolis over the past 14 years.

And I refuse to accept the notion that we couldn’t have prevented some of those murders, some of those suicides, kept more families whole — (applause) — protected more officers if we had passed some common-sense laws. (Applause.)

So, look, I understand we won’t all agree on this issue. But it’s time to be honest — fewer gun safety laws don’t mean more freedom, they mean more danger. Certainly more danger to police, more fallen officers, more grieving families, more Americans terrified that they or their loved ones could be next. So I’m going to keep calling on the folks in Congress to change the way that they think about gun safety. And if they don’t, I’m going to keep on calling on Americans to change the folks in Congress until they get it right. (Applause.)

And please do not — some of you watching certain television stations or listening to certain radio programs, please do not believe this notion that somehow I’m out to take everybody’s guns away. Every time a mass shooting happens, one of the saddest ironies is that suddenly the purchase of firearms and ammunition jumps up because folks are scared into thinking that Obama is going to use this as an excuse to take away our Second Amendment rights. Nobody is doing that. We’re talking about common-sense measures to make sure criminals don’t get them; to make sure background checks work; to make sure that — (applause) — to make sure that we’re protecting ourselves…

A couple of thoughts here:

•In a nutshell, Barack Obama is trying to muster support from these police chiefs for his gun control initiatives.

• I worked alongside a number of police chiefs back when I was in local government. Keep in mind that many of them are political hires. It would be somewhat harsh to say they are not the police, but I suspect many of them have much more in common with their municipal masters than the beat cop at that stage in their career. If their “clout” is anti-gun, there’s a pretty good chance the police chief is as well (or at least that will be their public stance on the issue). Of course, there are always exceptions.

• Notice how “gun safety” is substituted for “gun control” in the speech. I learned a long time ago to be wary of people who get their jollies off playing around with words like this.

• Obama’s ongoing push for gun control mirrors that of the larger movement in America, which seeks to chip away at the Second Amendment piece by piece. Mass shootings embolden the effort. And the end justifies the means in these peoples’ minds. Compromise is not part of their vocabulary. Which leaves pro-Bill of Rights supporters no other alternative but to deal with them along the lines of that old Arab parable:

“If the camel once gets his nose in the tent, his body will soon follow.”

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

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Gabe Suarez: ‘What We Really Need Is A Good Guy That Is Also A Killer’

Back on January 9, I blogged about Gabe Suarez, head of The Suarez Group and a decorated veteran of Southern California law enforcement, concerning a Facebook post of his in which he declared “Every Man Is A Counter Terrorist” in response to the Charlie Hebdo shootings in France.

On Friday, he updated that “call to arms” against the “bad guys” in the wake of the mass shooting at Umpqua Community College in Oregon.

While that update was just as thought-provoking as the original, it’s what Suarez wrote Sunday on his company’s Facebook page (and which I received via e-mail this morning) that really stands out for me. From that post:

IGNORE THE SIGN

Some points on Oregon: Its not a video of a kitten so I hope its actually read by someone.

1). I could simply cut and paste every article I have written after these and simply change the dates and locations and they would all be spot on.

a). Its either a jihadist muslim extremist, a common crazy guy, or a combination of both.

b). It is at a place where everyone has been voluntarily disarmed.

c). The police arrive after the bodies pile up and kill him, and then say it was a suicide.

d). The monkeys in charge call for more gun restrictions. Over and over and over. Routine? Yup.

2). The woods are lovely dark and deep. I will leave it at that…look it up. Very excellent timing after Putin gave Obama a penile prostate check over Syria.

3). If we did not embrace the cultures that hate us (reference the 100,000 Syrians your POTUS is bringing into the USA), or allow crazy people to roam free…I bet there would be fewer of these.

4). Given the inability of the authorities to keep you safe in such events, obeying “the sign” is a form of insanity. Not only immoral for them to suggest you do so, but also foolish on your part knowing what the eventual outcome of such an event would be.

5). We have plenty of noble victim-heroes that sacrifice themselves, unarmed to save others.

Yes…I got it…America yearns for heroes in these estrogenized times like an addict yearns for a fix. But we have plenty of the self sacrifial types. What we really need is a good guy that is also a killer. A good guy that is also a killer that will ignore the sign, and go after the sound of the shots with a smile on his face and a pistol in his hand and shoot the bad guy right in the face…or the back of the head if positioning favors that.

Today, every man or woman is a counter terrorist.

IGNORE THE SIGN

Suarez once again leaves his audience with a good deal of material to really think about, particularly that bit where he said, “The police arrive after the bodies pile up and kill him, and then say it was a suicide.”

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

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President Obama Gets Owned By Fox News’ Bill O’Reilly Over Politicizing Oregon Mass Shooting

I didn’t hear about the mass shooting at Umpqua Community College in Oregon until arriving home from Wisconsin late Thursday night. Incredible tragedy- my thoughts and prayers go out to the victims and their families. As expected, the incident is being exploited to no end by gun “control” supporters. Yet, one of the more well-known mouthpieces of the anti-Bill of Rights crowd got owned on national television the other night by Fox News’ Bill O’Reilly. From The O’Reilly Factor October 1:

I don’t have a script here. I’m just talking to President Obama right now. Okay. It’s just me, to him. You say that the states that have the most gun laws have the least gun violence. Your home state of Illinois has perhaps the most stringent gun laws in the country. Chicago is the largest city in Illinois. Since 2012, there have been 6,000 shootings- 6,000 shootings- in the city of Chicago. There have been 1,679 murders in the city of Chicago, many of them exactly where you worked as a community organizer. So you know the problem that Chicago has. And you also know, Mr. President, that Chicago has extremely stringent gun laws. In fact, Chicago was confiscating guns against the Second Amendment until the courts stopped that. So, most of the people in Chicago say, “If we have all of these stringent gun control laws in our city and our state, why do we have a holocaust? Why?” The reason is that criminals who need guns to do their business are going to get the guns, because there aren’t stringent penalties if you violate gun laws in Chicago or Illinois. The laws are on the books- they’re not enforced. And you, Mr. President, have not made an issue of it at all. In fact, you don’t even mention the carnage in Chicago. You do mention the individual things like what happened in Oregon. But Chicago is like, doesn’t exist, even though this is your turf, your hometown, you’re the guy who was there. So I don’t understand any of that. I don’t get any of it…


“Bill O’Reilly Message To President Obama: I Have A Right To Protect Myself”
YouTube Video

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

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Complacency Over Next Terror Attack By Muslim Extremists

FBI, CIA, NSA all say no 9/11 terror threat

The directors of the FBI, CIA and the National Security Agency said Thursday they have seen no specific or credible threat to the American homeland in connection with the 14th anniversary of 9/11 — despite a surge of digital and audio propaganda circulated in recent days from both al Qaeda and its growing rival on the global jihadi stage, the Islamic State…”

The Washington Times, September 10, 2015

On the eve of the 14th anniversary of the September 11, 2001, Al-Qaeda terror attacks, I detect an abundance of complacency in the U.S. concerning the next attack by Muslim extremists. For example:

Since September 11, Threat of Terrorism Has Morphed

Bin Laden’s distant dream of a caliphate in lands cleared of Western influence is being reshaped by the Islamic State, which exercises terror very differently, with less interest in attacking the ‘far enemy’ of the West than in creating a Salafist revolutionary regime…”

-Steven Erlanger, The New York Times, September 10, 2015

Does 9/11 really still have to be a ‘national emergency’?

As memorable and as meaningful as the 9/11 attacks were, they were also 14 years ago… virtually all the al-Qaeda leadership who planned the 9/11 attacks are dead or in custody, and while the long convoluted plotline of post 9/11 war and conflict has created an ongoing mess in the Middle East, any lingering threat to what was billed ‘the homeland’ — and the vigilance needed to stop it — is in a much, much better place than it was in 2001…

So what good comes of declaring a ‘national emergency,’ year after year?”

-Will Bunch, The Philadelphia Inquirer website, September 10, 2015

This is the wrong time to cut the city’s anti-terror funding

Alarmingly, funding is slowly decreasing for New York City under the ‘Securing the Cities’ program, which helps first responders detect nuclear materials and prevent attacks. The initiative deploys radiation-detection capabilities to the region’s law-enforcement agencies to identify illicit radiological materials that could be used for an attack.

This type of work requires sophisticated equipment and constant training — both of which are expensive but plainly worth the cost. Yet the Obama administration has proposed repeated cuts to the program, this year requesting only $10 million compared to historic levels of nearly double that amount…”

-U.S. Representative Dan Donovan (NY-11th), New York Post, September 10, 2015

Consider what Rudy Giuliani, the former mayor of New York City at the time of the 9/11 terror attacks, wrote on The Wall Street Journal website Thursday:

It would be a mistake, however, to conclude that 9/11 is now simply a part of the nation’s history, like Pearl Harbor. Because there is one big difference. The causes and hatreds that created 9/11 are still with us, and the terrorists have enlisted members who are even more diverse, cunning and determined. The Islamist terrorist war against us continues. This is not a matter of history but of current and future threats…

Now, once again, the terrorist attacks under the banner of jihad are increasing and diversifying. With so many such attacks and thwarted attacks over the past five or six years, we must recognize that “they”—those who want to destroy civilization—are continuing the war against us.

Yet those running our government seem to be in an even greater state of denial than the nation was in during the period before Sept. 11. Now, instead of bin Laden, Iran’s supreme ayatollah has declared that he wants to destroy Israel, to continue to kill Americans and to establish an Islamic empire including Iraq, Syria and Yemen—and the terrorist groups Iran supports. At the same time, the group known as Islamic State, or ISIS, has declared a caliphate seeking the destruction of Christianity and other infidels, and now occupies key areas of Iraq and Syria.

As we reflect on the attacks of Sept. 11, 2001, we must remind ourselves that all the wickedness underlying those attacks still exists and has expanded. We may very well be in more jeopardy now than before 9/11. Attacks such as those at Fort Hood, the Boston Marathon and similar incidents in Europe and around the world reveal that many enemies, not just one, are united in purpose: the destruction of our way of life. Each of these attacks may be more limited than the coordinated terrorist assault on Sept. 11, but they are frequent and hard to anticipate, causing widespread fear, the ultimate goal of terrorism.

We must acknowledge this war being waged against us, increase the military’s capacity to deal with it and, most important, train police to recognize the precursors of terrorist acts. U.S. military and intelligence capacity must not be drastically cut as proposed by this administration. It should be quantitatively increased and strategically improved…

(Editor’s note: Bold added for emphasis)

Just as I’m convinced a financial crash is coming to our shores, I’m sure another terror attack will be perpetrated by Muslim extremists.

Concerning both, it’s just a matter of “when.”

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

Sources:

Taylor, Guy. “FBI, CIA, NSA all say no 9/11 terror threat.” The Washington Times. 10 Sep. 2015. (http://www.washingtontimes.com/news/2015/sep/10/fbi-cia-nsa-all-say-no-911-terror-threat/). 10 Sep. 2015.

Erlanger, Steven. “Since September 11, Threat of Terrorism Has Morphed.” The New York Times. 10 Sep. 2015. (http://www.nytimes.com/2015/09/11/world/europe/9-11-anniversary-terrorism-europe.html?_r=1). 10 Sep. 2015.

Bunch, Will. “Does 9/11 really still have to be a ‘national emergency’?” The Philadelphia Inquirer. 10 Sep. 2015. (http://www.philly.com/philly/blogs/attytood/Does-911-really-still-have-to-be-a-national-emergency.html). 10 Sep. 2015.

Donovan, Dan. “This is the wrong time to cut the city’s anti-terror funding.” New York Post. 10 Sep. 2015. (http://nypost.com/2015/09/10/this-is-the-wrong-time-to-cut-the-citys-anti-terror-funding/). 10 Sep. 2015.

Giuliani, Rudolph W. “The Islamist Menace Shadowing This Sept. 11.” The Wall Street Journal. 10 Sep. 2015. (http://www.wsj.com/articles/the-islamist-menace-shadowing-this-sept-11-1441929416). 10 Sep. 2015.

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Quote For The Week

“I am too pissed off tonight to be diplomatic about what’s going on and I’m not going to stick my head in the sand about it. I said last December that war had been declared on the American police officer led by some high profile people- one of them coming out of the White House, one coming out of the United States Department of Justice. And it’s open season right now. There’s no doubt about it…

And I’m tired of hearing people calling these black “activists.” They’re not activists. This is black slime and it needs to be eradicated from the American society and American culture…

I need every law-abiding person in the United States of America to stand up and start pushing back against this slime, this filth, that’s disparaging the American law enforcement officer within these communities. When these ugly people come out and start this, and start talking this stuff on social media, to push back against it, and demand- demand- people that belong to these organizations to get out of their town. There’s no room for it. Look, the American police officer is holding these communities together. And we need the support of the people that we defend everyday in order to get that done.”

-Milwaukee County (Wisconsin) Sheriff David Clarke, Jr., reacting to the killing of Harris County (Texas) deputy Darren Goforth on the Fox News TV show Justice with Judge Jeanine last Saturday


YouTube Video

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

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Polls Show Americans More Optimistic On Economy

Despite the significant financial challenges this country faces, a number of Americans seem to be more optimistic about the economy going forward. Jeffry Bartash reported on the MarketWatch website yesterday:

Even though U.S. growth slowed sharply in the first quarter, Americans are more optimistic about the economy now than at any time since President Obama took over the White House in January 2009.

A new CNN poll shows that 52% of Americans view the economy as “very” or “somewhat” good vs. 48% who call it “poor” or “somewhat poor.”

It’s only the second time a majority have expressed a positive view during the Obama presidency — the first time was in December — and it is the highest reading in almost eight years. The last time Americans were as optimistic was in September 2007

(Editor’s note: Bold added for emphasis)

In addition to that CNN poll, a recent Bloomberg Politics poll suggests the American public is more positive about the economy and how Barack Obama and the Democrats are handling it. Margaret Talev wrote on the Bloomberg website last week:

Hillary Clinton’s presidential hopes may be buoyed by a more optimistic feeling about President Barack Obama and the economy seen in a new Bloomberg Politics poll.

Americans are becoming more optimistic about the country’s economic prospects by several different measures. President Barack Obama’s handling of the economy is being seen more positively than negatively for the first time in more than five years, 49 percent to 46 percent—his best number in this poll since September 2009

Thirty-four percent said the national economy will become stronger over the next year, while just 21 percent said it will get worse and 44 percent predicted the status quo. That’s up from last June, when 30 percent said things were getting better…

(Editor’s note: Bold added for emphasis)

Finally, Myles Udland noted in an April 17 piece on the Business Insider website:

Consumer confidence is soaring.

The preliminary reading on consumer confidence from the University of Michigan came in at 95.9, topping expectations for a reading of 94.0.

This is the second highest reading since 2007…

(Editor’s note: Bold added for emphasis)


National Recovery Administration, The Road Is Open Again (1933)
YouTube Video

I’m not sure where all this optimism is coming from. After all, the nation’s economic woes which reared its ugly head by the fall of 2008 have merely been papered over and kicked down the road a few years.

Meanwhile, the Fed depleted plenty of ammunition (see “About” page Fed charts) keeping the whole setup afloat.

As I’ve mentioned before, it’s probably not a bad idea to take advantage of this upsurge in confidence to try and improve one’s resilience to a financial crash I still see coming.

Each person’s circumstances are different. But I, for one, have been focusing on meeting those six “innate survival needs” from my “Project Prepper” series of posts- among other things like increasing income. To recap, those “needs” are:

• Security
• Water
• Food
• Shelter
• Sanitation and Health
• Energy

In order of priority- for me.

Hopefully, these can be taken care of before the “balloon goes up.”

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

Sources:

Bartash, Jeffry. “American optimism about economy highest since Obama became president.” MarketWatch. 21 Apr. 2015. (http://www.marketwatch.com/story/american-optimism-about-economy-highest-since-obama-became-president-2015-04-21). 22 Apr. 2015.

Talev, Margaret. “Bloomberg Politics National Poll Finds Improving Economic Mood.” Bloomberg.com. 16 Apr. 2015. (http://www.bloomberg.com/politics/articles/2015-04-16/bloomberg-politics-national-poll-finds-improving-economic-mood). 22 Apr. 2015.

Udland, Myles. “Consumer confidence soars to second-highest level since 2007.” Business Insider. 17 Apr. 2015. (http://www.businessinsider.com/university-of-michigan-consumer-confidence-2015-4). 22 Apr. 2015.

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Christopher E. Hill, Editor

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