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Posts Tagged ‘Bank Holiday’

 

Does the Obama Administration have necessary intelligence to keep our country safe from attack?

The 4th of July’s fireworks in the U.S. could prove to be consequential for our military, world affairs, and life as we know it.  North Korea has warned that it anticipates firing another test missile, this one aimed toward the Hawaiian Islands. 

“North Korea has taken a consistent anti-Washington line since its creation in 1948, denouncing both the United States and South Korea as a puppet of the U.S. Since the end of the Korean War in 1953 the North has not attacked its neighbor, but to this day keeps large concentrations of troops and artillery focused on Seoul, and has regularly engaged in provocations like kidnappings, submarine incursions and missile tests over the Sea of Japan.” http://topics.nytimes.com/top/news/international/countriesandterritories/northkorea/index.html?scp=1-spot&sq=north%20korea&st=cse

Amazingly, President Obama made the decision to fire an an unarmed Minuteman III intercontinental ballistic missile configured with a National Nuclear Security Administration test assembly, launched from North Vandenberg yesterday-o6.29.09 at 3:01 a.m. http://www.vandenberg.af.mil/news/story.asp?id=123156457  It launched from the California coast to an area in the Pacific Ocean some 4,200 miles away.

Prior to the launch of the missile that certainly provides proof that North Korea is well with in our range, NK “criticized the U.S. on Monday for positioning missile defense systems around Hawaii, calling the deployment part of a plot to attack the regime and saying it would bolster its nuclear arsenal in retaliation.” and ” “Through the U.S. forces’ clamorous movements, it has been brought to light that the U.S. attempt to launch a pre-emptive strike  (emphasis mine) on our republic has become a brutal fact,” the North’s main Rodong Sinmun newspaper said .  http://www.washingtonpost.com/wp-dyn/content/article/2009/06/29/AR2009062900307_pf.html

If North Korea was pissed that Defense Secretary Robert Gates ordered the deployment of a ground-based, mobile missile intercept system and radar system to Hawaii before the ICBM launch, imagine what they are thinking now?  America and Obama are about to find our who are friends are in the United Nations and New World Order having tested this missile. 

North Korea has repeatedly fired short and long range missiles, detonated nuclear bombs, threatened to nuke it’s neighbors, announces it’s going to launch a missile aimed for Hawaii and believes we should not defend ourselves.  That America is launching a pre-emptive strike?  By launching missiles from Vandenberg, is America the one’s providing the pre-emptive strike?  Kudos to Obama or has he lost his marbles?  Could he really not care if Hawaii and his original birth certificate gets blown up?

Both Obama and Barney Frank continue to seek a reduction in military spending while we fight: the war on drugs, the war on terror, the war in Afghanistan, the war on immigration, the war for socialism, etc..

Our military budget is not so defunct that  our government couldn’t provide about 40 tons of weapons and ammunition to Somalia’s embattled government in the past six weeks to help it fight Islamist insurgents(Reuters).  Not liking that one bit, “A spokesman for radical Islamic insurgents says his group will seize weapons the U.S. has supplied to Somalia’s embattled government.” (AP)  With props to http://www.thefirearmblog.com/blog/2009/06/29/small-arms-shipped-to-somalia/#comment-11480  Oh the Pirates of Somalia must be drunk with joy.

Why not just drop million of  dollars over the war zones and give everyone an equal chance to steal from America for all the good sending weapons there will do?   How many times in U.S. history have we financed and trained foreign armies only to have them retaliate and fire back at U.S. soldiers? 

In Iraq where 4000+ American soldiers have died, a public holiday was declared today to celebrate the official withdrawal of American troops from Iraqi cities.   http://www.nytimes.com/2009/07/01/world/middleeast/01iraq.html 

In the U.S., Michael Jackson continues to dominate the news as we anticipate our own nation’s public holiday, the 4th of July- Independence Day.  Need you be reminded, banks will be closed.

 

Make no mistake, playing with fireworks is dangerous.

Playing with a nuclear North Korea and its leader Kim Jong-il, could be deadly.

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Whew, finally summer has arrived and we survived the horrendous winter weather.  Folks in NJ got a big surprise last week with a huge hailstorm wrecking  havoc http://www.northjersey.com/multimedia/video/48114892.html -again illustrating the disproportion between science and reality. BTW- The House passed the American Clean Energy and Security Act, by a vote of 219-212.

The kids are off school and we are sleeping in a bit and planning for a few summer holidays.  We are  not leaving U.S. Soil- the greatest place on earth, even with all its faults.  Hawaii is out with North Korea threatening a missile attack near Independence Day.  California?  Nah, besides sitting on a major earthquake fault line, is too liberal for me.  MTV has been broadcasting all about Cancun, but we’ve been there and done that and I see no reason to support a government that can not manage to report influenza cases in a timely manner. ” Bahamas, Bermuda, Come on Pretty Mama”…The Beach Boys.  Suggestions welcomed on where to go.

Our holiday is still up for discussion as the economy just sucks and I have been tortured into hearing more about alleged pedophile Michael Jackson than necessary. 

Flipping to the net, I see Ben Bernanke the Fed Chair is feeling a bit challenged over Ron Paul’s Transparency Act that would allow an audit of the Fed.  Oh boo hoo, where did our nine trillion dollars go, why doesn’t anyone know and most importantly, what is there to hide?

Wherever and whenever we go, if we go at all-  like many Americans we go to the bank and take out what I call ‘play money’.  You know, money to play with- to buy the things we don’t really need but really want- like a Summer Vacation- preferably at the unpolluted, jelly fish free beaches.  

What if the banks go on holiday?  I am cognizant of the FDR bank holiday. 1000’s of banks never reopened in a face saving measure.  How many of our banks have no value, burdened by debt and bad mortgages?  How many banks are now owned by the U.S. Government?  How would I get to my safe deposit box if the bank was out of business?  Would it’s meager contents have any value anyways?

The hissy fit regulators are having near seizures over opening their books to public scrutiny, and once again I have to adjust antennae to tune in to exactly what the hell is going on and if bank closures could happen.

A bank holiday would certainly push the dollar’s value lower adding more rational to BRICs plan of adopting other IMF baskets of currencies.  Gold, already at a high premium would most likely increase, especially with the U.S. Mint announcing that there is a shortage of gold to produce certain coins.  The mint will continue to issue Presidential Coins and, “In God We Trust” will appear on the face of the coin starting in 2009. http://www.usmint.gov/mint%5Fprograms/%241coin/ Surely all that glitters is not gold.  I Trust in God, but the Fed, Obama, The World Bank or International Monetary Fund?

A Bank Holiday might just suit the needs of the U.S. economy according to some.  The rumor mill is that U.S Embassies are buying local currency. The Harry Schultz Letter (HSL) seems to reiterate that a Bank Holiday could occur http://www.marketwatch.com/story/schultz-paints-bleak-picture-of-future?siteid=rss&rss=1   With a grain of salt I quote its current issue, HSL reports rumors that “Some U.S. embassies worldwide are being advised to purchase massive amounts of local currencies; enough to last them a year. Some embassies are being sent enormous amounts of U.S. cash to purchase currencies from those governments, quietly. But not pound sterling. Inside the State Dept., there is a sense of sadness and foreboding that ‘something’ is about to happen … within 180 days, but could be 120-150 days.”

One commentator at  put it like this:  If true, the reason is this. Our Embassies all over the world employ millions of local nationals. Day to day operating costs are staggering, from food purchasing to fuel purchasing to utilities to meeting the local payroll. Local currency pays for all those expenses. When the USD crashes, local currencies may not be able to be purchased with USD’s. Even in a slow-mo devaluation, trying to buy enough local currency for day to day operation will be very very expensive. Should the USD become severely devalued or worthless, our Embassies will not be able to operate….http://goldismoney.info/forums/showthread.php?t=379225 Believe you me we have ambassadors everywhere http://www.usembassy.gov/.

President Obama is attempting to federalize the police and Department of Defense across the US with his civilian workforce.  If the shit hits the fan, banks go on holiday by September,civil unrest and Martial Law occurs between the money and the flu, the government will be all ready to take care of us. cough, cough.

I better get a move on somewhere and spend it while my money is still good. Yet, ” Consumer spending rose in May as benefits from the Obama administration’s stimulus plan spurred a jump in American incomes, a sign that efforts to revive the economy are starting to pay off….Stocks and the dollar dropped after China’s central bank again called for a new global currency.  http://www.bloomberg.com/apps/news?pid=20601087&sid=a6xBheN2SW.o  Leave it to Bloomberg to give the credit to Obama and not the hard working folks of America who just want a little vacation.

You may enjoy this related post: https://ahrcanum.wordpress.com/2009/06/26/audit-the-federal-reserve-trillions-missing-america-bankrupt/

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