Poor
Man Survival
Self
Reliance tools for independent minded people…
ISSN
2161-5543
A Digest of Urban Survival Resources
Life is
really simple, but we insist on making it complicated.
- Confucius
- Confucius
The Stock Market has Never Made Sense to Me
Several times in my life I have been burned
by the stock market, losing tens of thousands of dollars. Seems every time a speculator sneezes, the
market goes haywire, it seldom runs along the lines of what really goes on in
the financial markets [often due to government manipulation] and therefore, the
little guy often comes out on the short end of the stick as it did during the
2009-2009 crash. Washington never bailed
out main street and Wall Street bigwigs went mainly unpunished.
I
warned many of my business associates back then to liquidate inventory, build
cash reserves and start buying land, silver and long term commodities including
food stocks. Now I admit, I lived in an
area of Arizona dominated by Mormons and their influence encouraged me to
stockpile food and other items.
“One of the biggest threats
that we face in the U.S. is an economic collapse,” former CIA
Officer Jason Hanson writes in his latest Survival Letter.
“You and I both know that government spending is obscenely out of control and we’re in debt up to our ears. The only reason we haven’t had an economic collapse yet is because the dollar is the world’s reserve currency. This means the U.S. government gets to turn on the printing presses and create dollars out of thin air.
“You and I both know that government spending is obscenely out of control and we’re in debt up to our ears. The only reason we haven’t had an economic collapse yet is because the dollar is the world’s reserve currency. This means the U.S. government gets to turn on the printing presses and create dollars out of thin air.
Now, even the smart money is beginning to pull their money out of stocks while they still can and stories have emerged about the exit plans the wealthy have been making to stockpile assets and bug-out property outside of the United States. According to USA Today, mutual fund investors have pulled more money out of stocks than they have put into stocks for 16 weeks in a row…
In a sign of stock market nervousness on Main Street, mutual fund investors have yanked more money out of U.S. stock funds than they put in for 16 straight weeks.
The last time domestic stock funds had positive net cash inflows was in the week ending Feb. 25, according to data from the Investment Company Institute, a mutual fund trade group.
In the week ended June 17, the most recent data available, mutual funds that invest in U.S. stocks suffered net outflows of $3.45 billion, according to the ICI.
Since late February, U.S. stock funds have suffered estimated outflows of nearly $55 billion. Those net withdrawals come despite the fact the benchmark Standard & Poor’s 500 hit a fresh record high of 2130.82 on May 21 and the Dow Jones industrial average notched a fresh record on May 19.
But it isn’t just stocks that are going to crash during the next financial crisis. Bonds are going to crash as well…others too have been sounding the warning bell:
Ron Paul has just released a new video in which he warned all of us to “prepare for a bear market in bonds“.
Max Keiser recently told Alex Jones that a great financial collapse is coming.
Martin Armstrong says that his Economic Confidence Model predicts that the “Big Bang” is coming in “2015.75“.
Jeff Berwick of the Dollar Vigilante says that “we’re getting very, very close to the next crisis collapse” and he has specifically pointed to the month of September.
Manufacturing sentiment is down, factory out -
put has declined, exports have fallen, housing
starts have shrunk and retail sales
have weakened.
That’s not only in the US but in China
too!
[Regardless of current economics, I feel the balance of the 21st Century will be the Asian Century].
How’s the economy really doing? Look at Americans’ income (Market Watch): "Lots of the economic numbers we report each week are divorced from the reality of everyday Americans. Can you feel the difference when gross domestic product decelerates? Is your sleep troubled if durable-goods orders fall more than expected? Do you get giddy when housing starts surge? But there’s one economic data point that hits everyone right in the pocketbook: income.“
Your Secrets are Safe – Share Wisely!
Did you know the international software
security group Kaspersky recently uncovered
malware that it claims was developed and used
by the NSA to infect computers at a very basic
level that cannot be detected by most anti-virus
searches?
The mysterious module, identified by the
cryptic name “nls_933w.dll”, reprograms or
reflashes a computer hard drive’s firmware
with malicious code. It operates below the level
of most encryption and virus detection schemes,
so those defenses would not protect data.
Researchers Xeno
Kovah and Corey Kallenberg
have found that
NSA is not alone in its ability
to hack your
computer’s BIOS, the system
that boots your
computer up and loads your
software. At a
conference in Vancouver
this spring, they
demonstrated how easy it is
to infect the BIOS
of multiple systems
remotely by exploiting a host
of vulnerabilities that
took them just hours to
uncover. They could even
undermine the security
of specialized operating
systems like Tails, which
is popular with journalists
and activists for stealth
communications and
sensitive data, according to a
report
by Kim Zetter on Wired.com.
Note: Seems every government agency including local
police, the FBI and even the CIA is spying on citizens with the so-called...
StingRay surveillance
device manufactured by
Harris Corporation, a
secretive multibillion-dollar
defense contractor and a
maker of the technology.
The device, also sometimes
called KingFish or by
the generic name “cell site
simulator,” is small
enough to fit in a suitcase
and intercepts a cell
phone signal by acting like
a cellphone tower. It
can capture calls, texts,
emails and other data
transmitted by a cell
phone.
The cops are also adding
other digital tools like
video cameras, license
plate readers, surveillance
drones, gunshot detection
sensors and software
programs
that scan millions of phone records.
All
of this is becoming what I have termed the Sovietization of Amerika…a term I coined
when I had a Top Secret Security clearance while serving in a communications
branch of our USN. Even then most of us
began to realize the real goal in America was for the government to control
every aspect of our lives…hence, the war on using cash and your privacy.
You can take steps of your own to
shield your communications with others
from prying eyes. There’s a
whole array of devices
and software applications
that offer protection
of your digital interface
in different ways—Black -
phone, RedPhone, Pidgin,
Open Whisper, Text -
Secure, ChatSecure, Silent
Circle, SpiderOak and
many more. These shields
guard against many
levels
of intrusion.
Financial Watchdogs Under Attack Again
by Special Interests
It’s budget time – yet another occasion for Wall Street lobbyists and their friends on Capitol Hill to go after the agency conceived by Senator Elizabeth Warren to bring fairness and transparency to the banking and lending markets. Once again, the special interests have made a special target of Washington’s only financial regulator with a mandate to put the interests of consumers first – an agency that over the past 4 years has delivered $5.5 billion in refunds and restitution to consumers cheated in one way or another by financial companies big and small.
The House Appropriations Committee has
approved a funding bill that contains multiple attacks on the Consumer Bureau.
This legislation, which next heads to the House floor for a vote, would take
away the CFPB’s independent funding, subjecting it to the annual appropriations
process and intensified pressure from the worst elements of Wall Street as well
as payday and other high-cost lenders—companies that have never before faced
the prospect of serious rules or enforcement from Washington, and really don’t
like it.
The bill
would tie the CFPB up in endless new reporting requirements, in a transparent
effort to drain resources away from its real work. On top of everything else,
House appropriators are trying to stop the agency from restricting the use of
forced arbitration clauses, which keep consumers from banding together over a
pattern of illegal behavior and make them accept the judgment of a private,
secretive tribunal chosen by the company they’re complaining against. One more
thing about this legislation: it would underfund the Securities and Exchange
Commission, weakening its oversight capacity and potentially exposing investors
and taxpayers to significant losses.
Google-NSA Nexus: New Chromium
Browser Installs Eavesdropping Tool on Your PC
You're Being Secretly Tracked With Facial Recognition, Even in Church
You're Being Secretly Tracked With Facial Recognition, Even in Church
Everywhere I
look, I see CLUELESS people…
Don’t you love it – the need to look over your shoulder to protect
yourself from the prying eyes of your own government? Stalin would be proud of the traitors ruining
our freedom today!
How to Survive
the…FREE [Donations Appreciated]
War on Middle Class and All 10 Bonus Reports can be
downloaded here:
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Books, Art, Video – the saucy, the odd, the retro,
even the practical…
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