America's Recession/Depression gets Global
"He who accepts evil without protesting against it is really cooperating with it."
— Martin Luther King Jr, 1958
Of the 2.2 million Mideast Muslims in America, 400,000 can trace their roots back to Saudi Arabia or a firm Wahhabism type Muslim or relations with al Qaida or the Taliban. And up to this point in history, it was as if God had protected America from more terrorist attacks. But when the new administration, with a Democrat congress, began to pass more leftleaning laws, the terrorists seemed to be everywhere!
The Congress seemed to pass laws that were custommade for homosexual lobbyists. In spite of past years' votes by nineteen of nineteen States to define a marriage as a union of a male and a female, Congress seemed to use different words to define a homosexual union to sneak by the voted definition of a marriage.
And with the destruction of America the main focus of al Qaida, the Taliban, Persia, and Saudi Arabia, who withholds that information, but seeing that of the nineteen terrorists of 9/11, fifteen were Saudis verifies that the Royal Family is keeping the truth secret. The fifteenth satellites launched by Iran should be an important item to watch in America. Of course, satellites were admitted by Iran; how many they have in orbit is nearly impossible to know.
America tries to identify all pieces of hardware orbiting this planet. But when you add everything launched to orbit the earth from America, Britain, Germany, France, Japan, China, Iran, all other countries that had satellites launched, add OCSAR amateur radio satellites in a low altitude going from the North Pole to the South Pole, from the 1960s to the present, there are thousands and thousands of satellites, called 'spacejunk!
But little known by the United States of America's intelligence agencies, the Royalty of Saudi Arabia had joined the terrorists from al Qeada, the Taliban, Iran, and North Korea. From the days of Eisenhower, America had worked with the Royalty of Saudi Arabia, never looking into the details of the state religion of the country of Saudi Arabia. The Royalty of Saudi Arabia uses the time honored Islamic tradition of 'taqiyya.' That means that statements to the American President cannot be taken literally. The truth was slightly modified to sound good to America, but the actual truth did not sound very good at all!
So when the Royalty says that they are very thankful for the freedom of religion in America, that it gives Muslims in America a chance to worship Allah the way they want. They don't say that the Muslims in America are looking forward to a time when they can put women in their proper Muslim situation; just like women in Saudi Arabia cannot drive a car or show their faces!
And of course, with the leadership of America, the refining of uranium for use in nuclear power plants in Iran was taken at face value. No one chose to 'readbetweenthelines.' Iran did not have any problem 'readingbetweenthelines.' Uranium was indeed refined to use in two nuclear power plants.
It was also used for satellite power.
In history, it was known that North Korea was refining Uranium for use in power plants and exploding bombs. Geologists could tell by the seismic readings that North Korea had exploded a few dud bombs, but recently, they had exploded a few 15,000 tons of TNT type nuclear bombs. American intelligence had not seen any connections between North Korea and Iran. “By today's standards the two bombs dropped on a Japan were small equivalent to 15,000 tons of TNT in the case of the Hiroshima bomb and 20,000 tons in the case of the Nagasaki bomb." Encyclopedia Americana. Danbury, CT: Grolier, 1995: 532.
America did not know the construction of Iranian satellites. They were constructed as spheres with antennas protruding and navigation jets. The spherical surface was constructed of ceramic, heat resistant surfaces. Little did America know but Iran was able to navigate two satellites to a touchdown within a fifty mile accuracy. The ceramic surfaces worked as an entry shield. So Iran was able to retrieve a data recording card from the satellites.
Therefore, when Iran used nuclear and solar power in their satellites, they also included some extra uranium and a method to induce a critical mass reaction of the uranium. The Iranians had cooperated with North Korea to verify that the critical mass reaction in an Iranian satellite would cause a relatively energetic nuclear explosion. Not knowing the cooperation of North Korea and Iran, American intelligence read the underground nuclear explosions as only North Korean.
And only having accuracy of 50 miles, like the distance between Fort Collins and Denver, with a nuclear weapon, 50 miles is no problem! Iran has ten nuclear powered spuds with critical mass nuclear explosion possible in orbit right now! To verify nuclear satellite power see: Nuclear satellites in space.
Michael and Pamela were able to fend for themselves on the acreage. The dirt was in the process of development.
The next problem is the recession. As was mentioned at Campmeeting, when America did away with gold and silver as the basis of the American monetary system, trouble happened just as Joseph Story, a past Supreme Court justice of the early 1800's, indicates in his book on the Constitution! The Founding Fathers had lived through a few years of life using paper money as their financial system. That is why Article One Section 10 is there.
When the Feds changed from the gold basis, they violated the Constitution! Then, back in March 2008, when a financial group, Bear Stearns, ran into trouble from offering loans to people that should not have qualified for a loan, the Feds were able to bail the group out of trouble combined with JPMorgan Chase that picked up Bear Stearns shares for $2 that dropped from $30 a share.
The realestate market had problems too. When the financial institutions offered subprime loans, interest only loans, and loans to people that should not have qualified, the companies were in trouble. Add to all that trouble, Dow Jones and all other stocks and bonds losing nearly 40 percent of their value, the economy was in trouble. The economists called it a 'recession.'
So far, it was an internal situation. The trouble was in America to be reconciled by America. Except for the last few decades, America was influenced by the focus on globalization to countries in other continents of the world. Like the causes of the First Great Depression, where many Americans went to banks to withdraw all their money, so is it when almost all countries overseas redeem their US TBonds, and we have an $11 trillion debt, America has a great problem!
And many, many, and many large corporations, that began as American corporations, are now owned by a nonAmerican entity. So when they want to 'closeshop,' or offer the company for sale, and nobody purchases it very soon, America is in trouble. For example, a meat processing operation, in Greeley, Colorado, began as ConAg, an American company. They employed many people and made a fair profit for shareholders. Then ConAg sold the plant to Swift. Shortly afterward, the Alcohol, Firearms and Tobacco (AFT) raided the plant and deported nearly 20% of the staff as illegal aliens! Swift offered the plant for sale. The operation was purchased by a Brazilian group who kept the name 'Swift' to keep the appearance of an American company! As stocks and bonds decreased in value at least 40 percent, the unemployment rate also went up to 20 percent across America. Because of the realestate problems, there were tent cities in major metro areas. Then add the unemployment, more homes were evacuated to add to the tent cities. Michael went to his employer's Cheyenne office to see his group leader regarding a recent project. Steve, the group leader, showed Michael the motor governor that the client wanted java software to help regulate. The client already has some assembly language/C++ to work with the governor, but they wanted a java software section to aid the governor operation on a new motor being built by the client's customer. Steve went through some more details regarding the client and what they are expecting from Steve's group.
When the meeting with Steve was completed, Michael went by one of his favorite used book stores in Cheyenne. He walked though the store with his eyes looking for something on politics or business and the economy. He saw one by Larry Burkett called The Coming Economic Earthquake, published in 1991. The title threw up a flag for Michael. Are Burkett's writings like a prophet's words?
Michael scanned through the chapters. Chapter 9: The time is approaching when the government can no longer fund its overspending without destroying the business base of America. When the time comes, there will be few options available other than the printing of more money. Every nation that has gone this route has sparked hyperinflation that eventually wiped out the middle class.
Michael looks further. Once the limit to which foreign investors will fund the U.S. debt is reached, a monetary crisis is not far off. The printing of money with no equity backing is essentially counterfeiting by the government.
Michael tucks the used book under his arm and strides up to the checkout stand. He mentions to the cashier, as he hands her a $20 bill, “It's an old book, but it seems that most future situations are repeats of history. I'll look at Burkett's book, but from what I scanned in it, he seemed to be predicting a few things like a prophet does!”
The cashier replies, and counts back change, “The book is $4.23, 24, 25, $4.50, 75, 5, 10 and 20. Thanks for buying it here! We will try the keep you well read. Thanks,”
“And thank you for counting the change back!” said Michael. Michael returned to his car and traveled back to home with Pamela. He makes his way up county road 161 to his home. He enters the house and Pamela meets him at the door and remarks “Honey, as I wandered the web, I found a web page by Dmitr Orlov's talk on Saturday, February 14, 2009 in San Francisco called Social Collapse Best Practices. He was an immigrant from the old Soviet Union. He sees similarities between the Soviet economic upheaval and the present American situation.”
“Like hyperinflation and no more loans from foreign investors?” said Michael.
“Exactly! It seems that the President's 'stimulus' only added to the inflation in America and when foreign investors saw no equity, they didn't want to loan us money anymore!” said Pamela.
“Yeah, the President, turned us into a whole 'welfare state' at the power of the rest of the world!”
People were scrounging for work and money. Often, while traveling past vacant homes, you could see the Spanish words on the front window: 'no more copper!' And when the general situations from the First Great Depression (FGD) are compared with the Second Great Depression (SGD), drastic differences can be seen. During the FGD, integrity and honesty were generally prevalent. If work was to be done, someone did the work. When an item had a price, the price was met, be it work, a barter, or money.
But in the SGD, integrity and honesty were not generally prevalent. When an item had a price, if no security was provided, the item was gone! Stealing and lying were very prevalent.
Also, here are some underground, now main media information. A financial group, Lehman Brothers, had about $2.6 Million loans and no one would buy them. They were junkbonds to the max. So they 'repackaged' them and the Feds bought them!
And some groups like Moody, are not tough anymore, they are in cahoots with the companies they rate. Groups that should be rated very low, are now AAA with only junk bonds to offer! That's how the market fell. The top people in America have no integrity!
Because of the global market now, when one country enters a depression, all countries economies suffer. Just as with NAFTA, when America has trouble, that pressures Canada and Mexico into their own trouble. So now, America's problems are shared around the world! Be it Australia, France, U.K. or China, the unemployment problem, and the general hunger problem, that previously was centered in Third World countries, was now a worldwide problem.
More global problems happened when Fannie Mae and Freddie Mac 'government backed realestate institutions' fell apart. Nations around the world made a close look at a very egotistical nation that got so wrapped up in its 'financial magic' that allowed them to do things that had no 'common sense' or were dishonest. In the postmodern America, common sense turned into 'nonsense.'
But regardless of the global problems, Michael and Pamela were able to supply the basic stables of a diet. They were not totally dependent on basic utilities. They had solar cells that during a warm night were able to export some power back to the power grid in their area. They had established an automatic deposit from the utility company, so for a good month they were able to come out ahead in funds.
Michael was still employed to write code, but the client load had lightened a little. Some of the clients went bellyup, out of business, but others were still trying to operate. Some of their clients were municipal governments that could not go out of business, but cut many programs offered to their citizens.
The Federal people made an $800 Billion dollar 'bailout' for the auto industry, and the financial groups across America. The socalled 'financial jumpstart' convinced some of Michael's clients to spend more money on some new and improved software that Michael developed. So it had a positive influence on this Stay family from the midst of dry land in Wyoming. But Michael finds out that in spite of the business 'bailout', when the Austrian banks started to go bellyup, the whole world was in trouble. In America, real social turmoil happened. In urban areas, the general 'survivalist' methods were to steal the food you needed. When almost all of the retail facilities were without any food, the next step was to steal from restaurants. When all the restaurants were without food, homes in 'welltodo' neighborhoods were broken into.
Law enforcement had no room left in prisons, so facilities similar to war prisoncamps were built. However, in rural areas, the basic 'survivalist' method was to grow your own food and barter with your neighbors to gain what you needed to live. Pamela and Michael praised to Lord for their good fortune.