PM's Self Reliance Tools: How's the Economy Really Doing? What's the Biggest Threat?

Poor Man Survival

Self Reliance tools for independent minded people…

www.poormansurvivor.net

ISSN 2161-5543

A Digest of Urban Survival Resources

Life is really simple, but we insist on making it complicated.
- 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.

It is apparent that ever since former President Clinton eliminated certain regulatory laws which had prevented Wall Street from becoming a casino, the little guy in America has become a major loser economically.

“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.

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 21^st 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.

Let Lawmakers Know We’re Watching. Don’t Let Them Use Budget Bills and “Must Pass” Legislation to Undermine Wall Street Reform.

This Shadow Government Agency Is Scarier Than the NSA

Google-NSA Nexus: New Chromium Browser Installs Eavesdropping Tool on Your PC

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:

http://1drv.ms/1d9kfiU

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