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Saturday, September 19, 2009

The Working Poor, New Resources, PM Gets Bumbed from ebay

Public Perceptions of the Media at 20 Year Low

The faith Americans put in the accuracy of the news media has reached a two-decade low, and their perception of media fairness has plummeted, according to research findings released Sept. 13 by the Pew Research Center for the People and the Press.
Less than a third (29 percent) of those polled said the news media is accurate, compared to 63 percent who view news stories as often being inaccurate, according to the results. The findings compare to 55 percent who said news stories were accurate and 34 percent who said they were inaccurate in 1985 when the first survey in this series was taken.
Public Evaluations of the News Media: 1985-2009

Our long term goal is to acquire a small farm (5-15 acres, cheap, of course) in MI in order to set up our non-profit teaching farm. We plan to make the farm self sustaining and off-the-grid. We would videotape the process along with working seminars on building wind turbines, solar panel installation and the like to sell to the public. Our research has shown many want these devices, but cannot afford the materials or installation…we would show folks how to do it cheap!

While on my recent trip to the Great Lakes area I searched high and low for such a property in foreclosure and couldn’t find anything. I was rather surprised at the lack of foreclosed land and how well in general everything seemed.

We did run across a source for affordable, eco-friendly modular homes. Clayton Homes offers a line of such homes (average price-$75,000 for a 750-square-foot dwelling). The homes include low-flow faucets, dual flush toilets, heat pumps and more. Check it out at:


As more people begin to raise chickens for meat and eggs, many have found processing them difficult. Here’s a source for an easy way to perform this task.

Green Business Conference…offering workshops on new ways to prosper in the new economy on Nov 11-12 in San Francisco

With the click of your mouse, you can help 27 million cats & dogs and it won’t cost you a cent…

Save money at the pump by filling up on Wednesdays. Typical fuel hikes take place on Thursday in anticipation of weekend driving…

Free plans for building your own electric scooter, solar hot water heater, dig your own well and a ton more useful (computer related, business, etc.) free downloads at You need to sign up (free) as a member first. Below are some direct links to resources I liked.

eBay finally booted my controversial CD ROM…Poor Man’s Guide to Booby Traps & Homestead Defense…despite selling dozens of them in the past week alone; guess their thinking is anything that is too controversial or potentially harm inducing is bad for business. If you’re interested in learning more about this CD ROM (I just added 3 new files to it)…Ironically, several of these files are distributed by POLICE departments!
Go to:


1948 Cartoon about our citizen rights vs. socialism…cute and pertinent

New Michael Moore film-Capitalism: A Love Story. Although I’m not a big fan of Moore’s, I did watch his interview on Jay Leno and watched the trailer from his new movie…a lot of words rang true with me as to how Wall Street greed and collusion with Washington have destroyed this country…see the trailer at:

The working poor…
"30% of Americans making $100,000 or more each year are living paycheck to paycheck, reports a study this week. That's up from 21% last year - a number that still seems awfully high.

"61% of all American's say they are in a similar bind...making just enough to finance their lifestyle every month. Just a year ago, 49% were living paycheck to paycheck.”
“If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks ... will deprive the people of all property until their children wakeup homeless on the continent their fathers conquered... The issuing power should be taken from the banks and restored to the people, to whom it properly belongs." – Thomas Jefferson
Demise of the Dollar-Inevitable?

If every American family could save five percent of their income year after year ... and even assuming every single penny of that savings was thrown into the pot to pay off Washington’s debt ...

Each American family — and descendents — would have to work for the next 429 years!
The last thing Bernanke or the Federal Reserve
want right now is a strong dollar.

The U.S. government’s official debt is at an all-time high of $11.8 trillion. Every year, Washington has to make a staggering $335.3 billion in interest payments just to avoid default on that debt. In fact, just the interest on the national debt now equals 12% of all federal spending.

The Federal Reserve is also in hock— the liabilities on its balance sheet have DOUBLED — from $1.2 trillion a year ago to more than $2 trillion today.
Most terrifying of all — especially with the first wave of almost 4 million baby boomers reaching retirement age this year — unfunded government IOUs are coming due on Social Security, Medicare, and Federal pension payments. Those obligations are enormous: An estimated $104 TRILLION.

We are now the single most indebted nation in the history of the planet. We owe more to foreign investors, retirees and ordinary citizens than we could ever hope to repay.

And that’s not the half of it: Washington will add an all-time record $1.8 trillion to the national debt, pushing our budget deficits to almost 13% of GDP.
This year and every year for the foreseeable future, Washington will have to borrow 80% of the world’s surplus savings just to pay its bills! Consider the following…

· China is already lobbying — aggressively — for a new global reserve currency and leading the campaign to establish an Asian currency reserve fund.
· Over the past few weeks, the U.N., France, India, Russia, Brazil and several other nations — as well as economic thinkers such as George Soros and Nobel Prize winning economist Joseph Stiglitz — have joined China in demands to replace the dollar as the world’s reserve currency.
· China recently established a $95 billion currency swap with other Southeast Asian countries, and a $10 billion currency swap with Argentina. It is the first major Yuan swap agreement with a Latin American country — and directly threatens the dollar south of the border.

Gutting the dollar is the ONLY way
Washington can hope to survive
this massive debt catastrophe.

Destroying the value of our nation’s currency is the insidious trick governments the world over have always used when skyrocketing deficits and debt threatened the collapse of their economies.

This is NOT a forecast. It is already happening. You can see it in the historic plunge of the U.S. dollar against the euro, the British pound and other currencies. And you can see it on a very personal level every month as your dollars buy less; your cost of living soars.
The worst part is that this great debasement of the U.S. dollar is still in its early stages.

Washington’s record-shattering deficits ... off-the-charts borrowing by the U.S. Treasury ... and run-away money-printing at the Fed you’re seeing right now — all virtually guarantee that the declines in the greenback’s buying power we’ve seen so far are only a dress rehearsal for the dollar disaster to come.

Thomas Jefferson Warned Against a Central Bank

Andrew Jackson was nearly impeached as president when he ‘withdrew’ all US funds from its central bank and refused to renew its license; but ultimately, it kept the country solvent. Benjamin Franklin also commented several times on the wisdom of a country not allowing bankers to issue its currency stating, “we control its purchasing power and we have no interest to pay.”

When England outlawed use of Colonial Currency, a revolution began. Jefferson believed a Central Bank to be unconstitutional. Yet, bankers (Rothschild, Morgan and Rockefeller) managed to dupe our political leaders into turning control of our money over to them via the Federal Reserve (which, despite its name, is not a government agency) and to create an income tax, forcing citizens to cover the debt…eventually leading to our current fiat money system and explosive debt.
The fed has never been audited and no one today is even clear about how much gold the United States holds in trust.

The income tax eroded any financial restraint our government had. When the tax got its start in 1913, the real attack on US income started during WWII when it began withholding money from your paycheck before you had a chance to spend it. After the war, according to David Brinkley who spoke with Pres. Truman, “Congress decided they liked the Niagras of money pumping into Washington.”

The class tax became a mass tax and the spending binge never ended. If we do have a national default on our national debt, it will be a gradual, installment plan. China, which holds $800 billion of our debt, won’t squeal too much…as they won’t have much choice. We’ve been on the path of national financial suicide since the end of WWII. What we learn from history, is that we don’t learn from history as many other nations over the centuries have debased their currency and regimes often fell as a result. Inflation is a hidden tax on the people – something we essentially had our revolution over!

The Constitution was never intended to provide for us, but merely to protect us. Legalized plunder in the form of our income tax has allowed the government to reward its friends through tax favors while dictating social policy.

The solutions are straightforward but don’t rely on politicians to act (they’re in the pocket of special interest groups and the CFR (Council on Foreign Relations) anytime soon. The most obvious answers include getting rid of the Federal Reserve and go back to issuing our own money (no interest); get rid of appointees and politicians who are members of the CFR or Tri-Lateral Commission (maybe I’ll do a story on these ‘enlightened groups and how they’ve help to create wars and bring down economies over the centuries); downsize the government by at least 20% and finally, NO MORE career politicians-Period!

Yours for better living, Bruce “The PoorMan”

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