California

CEO Survey: Illinois 3rd Worst State In Which To Do Business

Last week, Chief Executive magazine announced the results of its 9th annual survey regarding the best and worst states in which to do business. From their website:

In its ninth annual survey of CEO opinion about the best and worst states in which to do business, 736 CEOs—the highest response on record—rendered their verdict. Business leaders were asked to grade states with which they are familiar on a variety of competitive metrics that CEOs themselves regard as critical. These include: 1) taxation and regulation; 2) quality of workforce; and 3) living environment. The tax and regulatory grade includes a measure of how CEOs grade a state’s attitude toward business, a key indicator.

The best states in which to do business?

1. Texas (9 consecutive years now)
2. Florida
3. North Carolina
4. Tennessee
5. Indiana

Nice job Indiana!

The “Top 5” were unchanged from last year.

And the worst states in which to do business?

1. California
2. New York
3. Illinois
4. Massachusetts
5. New Jersey

Nice going Illinois. Second year in a row in that position.

The faster Illinois residents dump incompetent and ill-intentioned lawmakers, the sooner the state will be able to make headway on a number of real issues. Avoiding insolvency (somewhat of a stretch at this point) and job retention/attraction readily come to mind here.

By the way, our neighbors to the north- Wisconsin- climbed three spots in this latest survey to number 17. JP Donlon wrote on May 6:

More and more states are getting the pro-growth message. Wisconsin governor Scott Walker’s position is typical of this new thinking. “I’ve never seen a store get more customers by raising its prices, but I’ve seen customers knock down doors when they cut prices,” he says.

You can view the rankings of all 50 U.S. states on the Chief Executive website here.

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

Source:

Donlon, JP. “States More Aggressive in Competing With One Another.” Chief Executive. 6 May 2013. (http://chiefexecutive.net/states-more-aggressive-in-competing-with-one-another-2013). 13 May 2013.

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Redfin CEO Identifies Most- And Least-Vulnerable Metro Housing Markets To Experience Another Bubble

Last week in my Sunday paper, I spotted yet another great article by Chicago Tribune real estate reporter Mary Umberger. It was an interview with Glenn Kelman, chief executive officer of Redfin, a real estate brokerage doing business in 20 U.S. housing markets.

Apparently, Redfin recently ranked 15 major metropolitan areas it perceived as most- and least-vulnerable to experiencing another housing bubble. Kelman told Umberger:

We’ve looked at several factors: income to home-price ratios, ratios of sale price to listing price, the frequency of flips (resales within 18 months of purchase), incidences of bidding wars, and rates of going under contract within two weeks of listing.

From looking at those things, we think there are four markets that are in mini-bubble territory, at risk of price correction: Washington, Los Angeles, San Diego and San Francisco.

At the other end of the list, the least likely to see a correction is Atlanta, followed closely by Chicago, Las Vegas and Dallas.

A new housing bubble. Something I’m starting to hear more of these days.

Anyone remember “crash prophet” Peter Schiff’s warning from last September? I blogged on September 18, 2012:

In his September 14 entry on the The Schiff Report YouTube video blog, Schiff, who correctly-predicted the bursting of the U.S. housing bubble and 2008 global economic crisis, explained to viewers what QE3 was really about:

This is the plan that Ben Bernanke has. Ben Bernanke’s plan to revive the U.S. economy, and create jobs, is to inflate another housing bubble. That’s it. That’s what the Fed’s got. That’s what it came up with. As if the last housing bubble worked out so well for the economy, that the Fed wants an encore.

You can read Umberger’s entire exchange with Redfin’s Kelman on the Tribune website here. Interesting stuff.

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

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AAA Predicts Falling Gas Prices, Except In Great Lakes Region

Usually around this time of year, I commute more often between my pad in Chicago and my family’s place in southeastern Wisconsin. While that won’t be happening as much in 2013 due to everything that’s going on around here, I still like to keep on top of gas prices to get an idea of how much I’ll be shelling out to enjoy the open road.

(Editor’s note: Open road my butt. This is the Chicago metropolitan area, where if bumper-to-bumper gridlock isn’t taking place, you’re dealing with drivers who are distracted, in a hurry to go nowhere, or who really just don’t care about the rules of the road. And a “good drive” is one where you don’t lose a hubcap/wheel cover from a pothole that goes all the way to China.)

Venting process complete.

Anyway, here’s some highlights from the “AAA Monthly Gas Price Report: April 2013 Trends and Summer Outlook” that’s just been released on the “NewsRoom” section of the AAA website:

• Gas prices nationally averaged $3.55 per gallon in April, which was the least expensive average for the month since 2010. Gas prices dropped about 13 cents per gallon in April (3.5 percent), which was the largest percentage decline for the month in ten years. In comparison, gas prices in 2012 averaged $3.89 for the month, while the average price in April 2011 was $3.79 per gallon.
• Gas prices should drop to $3.20 to $3.40 per gallon by mid-summer if current trends continue in regards to oil prices, motorist demand and refinery production. Gas prices in recent years have declined in early summer after reaching a springtime peak as refineries ramp up gasoline production in anticipation of the summer driving season.
• The cheapest gas prices are predominately in the Southeast where extensive refinery production and lower-than-average taxes have helped keep prices low in comparison to the rest of the country. Gas prices in the Great Lakes region have increased in recent weeks because of planned refinery maintenance and unscheduled outages following recent heavy storms.
• The five states with the highest averages today include: Hawaii ($4.34), Alaska ($3.97), Ill. ($3.91), Calif. ($3.90) and Mich. ($3.79). The five states with the cheapest gas price averages today include: S.C. ($3.23), Tenn. ($3.26), Ala. ($3.27), Ark. ($3.27) and Miss. ($3.28).

As for me in Chicago? Prices at the pump have not only been brutal this spring, but are expected to go higher. Samantha Bomkamp reported on the Chicago Tribune website last night:

AAA said Tuesday that motorists nationwide are paying the lowest springtime gas prices in three years, but don’t tell that to drivers in Illinois.

Despite a recent dip, drivers here are paying the highest average price in the lower 48 states. With a statewide average on Tuesday of $3.91 a gallon, Illinois drivers are paying more than every state except Alaska at $3.97 and Hawaii and $4.34.

Costs are even higher in Chicago where the average price was $4.32 per gallon Tuesday, according to AAA. Prices averaged $4.14 in the suburbs…

While AAA predicts that drivers nationally should see gas prices fall even lower, motorists in Illinois and other Great Lakes states should see even higher prices as maintenance continues on refineries that provide most of the region’s gas supplies.

It’s a good thing I fill up in Wisconsin, where the price of gas is routinely cheaper.

East bound and down, loaded up and truckin’…

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

Sources:

“AAA Monthly Gas Price Report: April 2013 Trends and Summer Outlook.” AAA. 29 Apr. 2013. (http://newsroom.aaa.com/2013/04/aaa-monthly-gas-price-report-april-2013-trends-and-summer-outlook/). 1 May 2013.

Bomkamp, Samantha. “Gas prices ease nationwide while Ill. marches higher.” Chicago Tribune. 30 Apr. 2013. (http://www.chicagotribune.com/business/breaking/chi-gas-prices-ease-nationwide-while-ill-marches-higher-20130430,0,3861102.story). 1 May 2013.

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Wednesday, May 1st, 2013 Energy, Transportation, Travel, Vehicles No Comments

Survey: Illinois Ranked 5th Least Friendly State For Small Business

According to the second annual Small Business Friendliness Survey by Thumbtack and the Ewing Marion Kauffman Foundation, Illinois was ranked the fifth least friendly state for small business.

Why am I not surprised to hear that?

From the 2013 Thumbtack.com Small Business Survey, which drew upon data from over 7,000 small business owners:

Illinois slipped slightly, dropping from a ‘D+’ overall grade in 2012 to a ‘D’ this year.

Some of the key findings for Illinois include:

• Small businesses gave Illinois a ‘C’ for its regulatory systems and a ‘C-’ for its small business training and networking programs.
• Among major cities nationwide, Chicago improved its overall performance from 2012, rising to a ‘C-’ from a ‘D’. Additionally, the city’s regulatory systems rose from a ‘D+’ to a ‘B-’ this year.

Good job Chicago. Never let it be said I didn’t give credit where credit was due.

According to the survey, the “Top 5” least friendly states for small businesses were:

5. Illinois
4. California
3. Hawaii
2. Maine
1. Rhode Island

And the “Top 5” friendliest states were:

5. Texas
4. Idaho
3. New Hampshire
2. Alabama
1. Utah

As for Wisconsin, where I spend a good deal of my time, the state improved from a ‘C+’ overall grade in last year’s ranking to a ‘B’ in 2013. Also, it’s ranked among the 10 easiest states for establishing a new business.

Sounds like they’re headed in the right direction as it concerns small business.

Wish I could say the same thing about the “Land of Lincoln.” I really do.

You can access the survey on Thumbtack.com here.

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

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Tuesday, April 16th, 2013 Business No Comments

Illinois 45th In Comprehensive State Freedom Rankings

From the George Mason University Mercatus Center website “Newsroom” last week:

Today the Mercatus Center released the third edition of Freedom in the 50 States by Will Ruger and Jason Sorens. In this new edition, the authors score states on over 200 policy variables. Additionally, they have collected data from 2001 to measure how states’ freedom rankings have changed over the past decade. While several organizations publish state freedom rankings, Freedom in the 50 States is the only one that measures both economic and personal freedoms.

While the “Land of Lincoln” is ranked 45th this year (down 2 spots from 2012), our neighbors to the north and east, Wisconsin and Indiana, fared better at 38th and 16th, respectively.

North Dakota has the highest freedom ranking among states in 2013, while New York, followed by California and New Jersey, has the lowest.

Surprise, surprise.

You can read the entire Mercatus Center “Newsroom” piece here.

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

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Wednesday, April 3rd, 2013 Freedom 2 Comments

Chicago Fast Becoming Undisputed ‘Gang Capital Of America,’ Needs More Police On Streets

“Illinois is number one per capita in gang membership for population. We have more gang members in our state, it is a long-term economic threat to our future.”

-U.S. Senator Mark Kirk (R-IL), in a phone interview with the Chicago Sun-Times that appeared on their website on March 15, 2013

Last Thursday, Chicago Mayor Rahm Emanuel unveiled the “Chicago Plays” Playground Program, where the Chicago Park District will rebuild, repair, and refurbish 300 playgrounds in neighborhoods across the city over the next five years using capital funds.

On Saturday, the Mayor announced more city dollars will be used to develop seven targeted Chicago neighborhoods through a new “Opportunity Planning” initiative.

Now, these sound like terrific projects. However, as Chicago is increasingly-seen as being a “war zone” these days, posing a real threat to the local economy (tourism, businesses) and the retention of residents, wouldn’t it make more sense that municipal funds are concentrated on combating violent crime first?

A serious effort to address the manpower shortage in the Chicago Police Department is probably a good place to start, with more cops on the streets (paid via overtime) possibly contributing to the historically-low number of murders in Chicago last month.

Otherwise, should crime be allowed to run rampant, the proposed developments may end up being pointless and those rebuilt, repaired, refurbished playgrounds might be empty, save for some gangbangers watching over their turf.

And Chicago has plenty of those around these days.

Consider the following from the website of Chicago Crime Commission, an independent, non-partisan, civic watchdog organization of business leaders dedicated to educating the public about the dangers of organized criminal activity, especially organized crime and street gangs. Talking about their recent publication, The Gang Book 2012, a comprehensive compilation of data and information concerning street gangs in the Chicagoland area, the Commission said:

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

“Over 150,000”

Back on March 2, 2011, I blogged about DEA and local law enforcement estimates of there being over 100,000 gang members and 75 to 100 street gangs in the Chicago metropolitan area.

Speaking of the Commission and their book, there’s this from Wikipedia:

The newly released Chicago Crime Commission publication, “The Gang Book 2012”, conveyed the statistic that Chicago has more gang members than any other city in the United States: 150,000 members. Traditionally Los Angeles County has been considered the Gang Capital of America, with an estimated 120,000 (41,000 in the City) gang members.

Chicago has a higher rate of gang membership per capita than Los Angeles. The state of Illinois has a higher rate of gang membership (8-11 gang members per 1,000 population) than California (5-7 gang members per 1,000 population).

Sounds like Chicago is making good progress in wrenching away the title of “Gang Capital of America” from L.A.

I hear it being said more and more these days:

Chicago has a gang problem, not a gun problem.

I have a feeling City Hall realizes this already- but won’t take significant action on it for a number of reasons.

In which case, Chicago should prepare itself for becoming the undisputed “Gang Capital of America,” and eventually realizing that economic threat- among others- which Senator Kirk warned about.

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

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North Korea Capable Of Crippling U.S. With Super-EMP Weapon?

“A furious North Korea threatened Thursday to attack America with nuclear weapons as punishment for perceived Western aggression – saber-rattling that came as the United Nations readied more sanctions against the Kim Jung-un’s rogue regime.

An unnamed spokesman in Pyongyang’s Foreign Ministry office said North Korea will launch “a preemptive nuclear attack to destroy the strongholds of the aggressors,” The Associated Press reports.

The spokesman referred to Washington as being the aggressor in a nuclear attack on North Korea, AP states.”

-The Washington Times, March 7, 2013

The last time I blogged about the Democratic People’s Republic of Korea’s nuclear warfare capabilities was on January 27. From that post:

The Democratic People’s Republic of Korea has been doing a lot of saber-rattling since I last blogged about the Communist state last month. At that time, I asked:

So what kind of timeframe are we talking about here before North Korea has an ICBM capable of reaching and hitting the continental U.S.?

Based on expert opinion, it could just be 4 short years.

And how does America know North Korea’s intentions are to target it with nuclear weapons? Ju-min Park and Choonsik Yoo reported on the Reuters’ website last Thursday:

North Korea said on Thursday it would carry out further rocket launches and a nuclear test that would target the United States, dramatically stepping up its threats against a country it called its “sworn enemy”…

“We are not disguising the fact that the various satellites and long-range rockets that we will fire and the high-level nuclear test we will carry out are targeted at the United States,” North Korea’s National Defence Commission said, according to state news agency KCNA.

(Editor’s note: Italics added for emphasis)

Park and Yoo added:

North Korea is not believed to have the technology to deliver a nuclear warhead capable of hitting the continental United States, although its December launch showed it had the capacity to deliver a rocket that could travel 10,000 km (6,200 miles), potentially putting San Francisco in range, according to an intelligence assessment by South Korea.

Now, the above discussion focused on a nuclear attack against the United States with intercontinental ballistic missiles as they’re traditionally-intended to be used.

However, earlier this week I stumbled upon material which suggests North Korea may already have the capability to cripple America via unconventional nuclear warfare.

Enter Dr. Peter Vincent Pry, Executive Director of the Task Force on National and Homeland Security and Director of the U.S. Nuclear Strategy Forum, both congressional advisory boards. Dr. Pry, a former intelligence officer with the Central Intelligence Agency, wrote on the Family Security Matters website on February 26:

The West consistently and unwittingly cooperates with North Korea and Iran by underestimating the advancement, sophistication, and strategic implications of their nuclear weapon and missile programs.

Despite North Korea’s successful long-range missile test in December 2012, and now its third successful nuclear test on February 12, 2013, the Obama administration and the press keep reassuring the American people that North Korea is not yet a fully fledged nuclear weapons state – that a North Korean nuclear missile threat to the United States is still years in the future.

The facts do not support this judgment. North Korea is already a major nuclear threat to the United States–an existential threat.

(Editor’s note: Italics added for emphasis)

Dr. Pry went on to say:

North Korea now appears to be armed with a FOBS capability to make a surprise nuclear attack against the United States–or against any and all nations on Earth–with Super-EMP.

FOBS? Super-EMP? The author of Apocalypse Unknown: The Struggle To Protect America From An Electromagnetic Pulse Catastrophe explained:

A Super-EMP warhead is a nuclear weapon specially designed to produce an enormous burst of gamma rays that generates an extraordinarily powerful electromagnetic pulse, capable of destroying even the best protected electronics, thereby paralyzing military forces and blacking out power grids and collapsing critical infrastructures everywhere–across an entire nation the size of the United States…

During the Cold War, the USSR experimented with a secret weapon, the Fractional Orbital Bombardment System (FOBS), that used an ICBM like a Space Launch Vehicle to put a nuclear warhead into orbit, like a satellite. Instead of using the ICBM to lob the warhead on a more accurate arcing ballistic trajectory, flying along the shortest range to target, like an artillery shell, the FOBS lofted the warhead into a “fractional” or partial orbit, sacrificing accuracy for limitless range.

FOBS could reach any nation or threaten any target anywhere on Earth.

A Super-EMP warhead does not weigh much, and could probably be delivered by North Korea’s Fractional Orbital Bombardment System, successfully tested in December 2012, against any nation on Earth. Thus, North Korea already possesses an ICBM and poses a mortal nuclear threat to the United States, and to all nations on Earth–right now.

(Editor’s note: Italics added for emphasis)

Real disturbing stuff. Even more so now that the U.N. Security Council voted unanimously Thursday for tougher sanctions against North Korea.

You can read Dr. Pry’s warning about the North Korean Super-EMP threat in its entirety on the Family Security Matters website here.

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

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Repeat Of The 1992 Los Angeles Riots Coming This Summer?

Following up on last night’s post abut urban warfare training exercises in U.S. cities, I noted how one Midwest-based writer recently claimed that an unnamed “high-ranking, military source” in the Department of Homeland Security says the military exercises, conducted jointly with local law enforcement, are being conducted to desensitize urban dwellers in preparation for mass civil unrest in American cities. This is supposedly being done out of fear a currency devaluation, astronomical gas prices, and resistance to more gun “control” which will combine to produce civil strife in America’s urban areas this summer.

Like I wrote yesterday, “take it or leave it” concerning the credibility of this claim. But let’s just suppose for an instant the above is true and these really are the reasons for the exercises.

If that’s the case, then the powers-that-be may have overlooked one more potential flashpoint:

The trial of George Zimmerman in the shooting death of Trayvon Martin that’s set to begin on June 10.

Yamiche Alcindor reported on the USA TODAY website on February 5:

Trayvon Martin would have turned 18 Tuesday.

Instead, lawyers for George Zimmerman, the man accused of murdering the teen, and prosecutors were back in court, where a judge denied a motion to delay the June 10 trial date and heard arguments about evidence…

In court Tuesday, Judge Debra Nelson denied a motion by Zimmerman lawyer Mark O’Mara to delay the trial date. O’Mara argued that the prosecution has been slow to turn over evidence and that he does not have enough time to prepare his case…

“We’re four months away from trial,” Nelson said. “The court has no reason to continue the case.”

If George Zimmerman is found innocent of the teen’s death, will one or more American urban centers experience rioting not unlike what took place in Los Angeles in 1992 in the wake of the Rodney King trial verdicts?

By itself, I think it’s possible. In conjunction with other miseries, even more so.

And just to remind everyone of just how bad the 1992 Los Angeles riots really were:

• 53 deaths
• 2,000 injured
• 3,600 fires
• 1,100 buildings destroyed
• Up to $1 billion in material losses

And don’t forget the looting…


“1992 LA Riots – Defenseless Store Owner Confront Rioters with Hammer”
YouTube Video

Let justice take its course, but it might be a good idea to keep an eye on that trial and when it’s going to be wrapping up. Especially for the city-dwellers out there.

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

Source:

Alcindor, Yamiche. “Judge denies request for delay in Zimmerman trial.” USA TODAY. 5 Feb. 2013. (http://www.usatoday.com/story/news/nation/2013/02/05/trayvon-martin-hearing-birthday/1892419/). 23 Feb. 2013.

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Chicago 4th On Latest Forbes ‘America’s Most Miserable Cities’ List

I really hate this time of year in Chicago. Yeah, the cold, wintry days here in the concrete jungle have a lot to do with it. But it’s also that part of the year when Forbes releases their “America’s Most Miserable Cities” list. And the recent trend has seen Chicago moving higher- i.e., more miserable- up that list. Forbes just released their latest installment.

And the trend remains intact.

Chicago climbs to number 4 on the 2013 list of “America’s Most Miserable Cities,” up from 6th last year and 7th in 2011.

From the Forbes website:

Chicago has passionate supporters, but residents must endure the misery of long commutes, plummeting home prices, brutal winters and high foreclosure rates. The migration rate out of Chicago is the sixth worst among the 200 largest metros.

Kurt Badenhausen added in the accompanying article:

Two cities on our list, Chicago (No. 4) and New York (No. 10) may surprise readers, though they’ve been here before. Both offer a myriad of opportunities and positives as the homes of financial centers, world-class culture, leading universities, sports teams galore and high-end restaurants. But it isn’t easy living in either city, particularly if you don’t earn a lot of money (even if you do it can be tough).

Chicago residents must endure long commutes (31 minutes on average), plummeting home prices (37% the past five years), brutal winters and high foreclosure rates (3.3% of homes in 2012 says RealtyTrac). Many residents are giving up on the Windy City with a net migration out of the city of 107,000 people the past five years, according to Moody’s Analytics.

Regrettably, another Illinois city- Rockford- accompanies Chicago in the “top 5,” which includes:

5. Modesto, CA
4. Chicago, IL
3. Rockford, IL

2. Flint, MI
1. Detroit, MI

To make matters worse, the county north of Cook- Lake County- was named to the number 9 spot this year.

Illinois residents couldn’t be more proud, I’m sure.

You can see the entire 2013 list of America’s “Most Miserable Cities” here.

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

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Thursday, February 21st, 2013 Housing, Population, Transportation, Weather No Comments

False Flag Bombing To Frame Anti-Government Militias, Start Civil War, Thwarted By Feds

“False flag” events.

Incidents designed to deceive in such a way that they appear as if they were carried out by other entities.

Conspiracy theory?

Hardly.

From a February 8 press release out of the San Francisco office of the Federal Bureau of Investigation:

Federal Agents Arrest Man After He Attempts to Bomb Bank in Oakland

OAKLAND, CA—Federal agents arrested Matthew Aaron Llaneza, age 28, of San Jose, California, this morning after he allegedly attempted to detonate a vehicle-borne explosive device at a bank branch in Oakland.

Llaneza’s arrest was the culmination of an undercover operation during which he was closely monitored by the FBI’s South Bay Joint Terrorism Task Force.

Unbeknownst to Llaneza, the explosive device that he allegedly attempted to use had been rendered inoperable by law enforcement and posed no threat to the public. Llaneza was charged this morning by criminal complaint with attempted use of a weapon of mass destruction against property used in an activity that affects interstate or foreign commerce.

The arrest was announced by Melinda Haag, U.S. Attorney for the Northern District of California; Lisa Monaco, Assistant Attorney General for National Security; and FBI Special Agent in Charge, San Francisco Field Office, David J. Johnson.

According to the affidavit filed in support of the criminal complaint, on November 30, 2012, Llaneza met with a man who led him to believe he was connected with the Taliban and the mujahidin in Afghanistan. In reality, this man was an undercover FBI agent. At this initial meeting, Llaneza proposed conducting a car-bomb attack against a bank in the San Francisco Bay Area. He proposed structuring the attack to make it appear that the responsible party was an umbrella organization for a loose collection of anti-government militias and their sympathizers. Llaneza’s stated goal was to trigger a governmental crackdown, which he expected would trigger a right-wing counter-response against the government followed by, he hoped, civil war.

The complaint further alleges that Llaneza subsequently selected the Bank of America branch at 303 Hegenberger Road in Oakland as the target for the attack. Llaneza ultimately specified a spot next to a support column of the bank building as a good location for the bomb, expressed a desire for the bomb to bring down the entire bank building, and offered to drive the car bomb to the bank at the time of the attack.

According to the complaint, in January and February 2013, Llaneza and the undercover agent constructed the purported explosive device inside a sport utility vehicle (SUV) parked inside a storage facility in Hayward, California. As part of the process of assembling the device, Llaneza purchased two cell phones to be used in creating and operating the trigger device for the car bomb. One of these cell phones was incorporated into the trigger device itself. The other was reserved for use on the night of the attack.

The criminal complaint alleges that on the evening of February 7, 2013, Llaneza drove the SUV containing the purported explosive device to the target bank branch in Oakland. He parked the SUV beneath an overhang of the bank building where he armed the trigger device. He then proceeded on foot to a nearby location a safe distance from the bank building, where he met the undercover agent. Once there, Llaneza attempted to detonate the bomb by using the second cell phone he had purchased to place two calls to the trigger device attached to the car bomb. Federal agents then arrested him.

(Editor’s note: Italics added for emphasis)

Many times, things just aren’t as they seem. I try to keep this in mind when I digest the daily news and what look to be longer trends going on in the world today.

You can read the entire press release on the FBI website here.

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

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Monday, February 11th, 2013 Crime, Government, Public Safety, War No Comments


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