Common Sense is Your Ultimate Financial Currency. After a point, if you have your eye on the ball, if you’re watching markets and government from valid perspectives, you learn the truth. You don’t acquire the truth from traditional media sources such as the boob tube.

A few excellent sources of information are www.jsmineset.com, www.fedupusa.org, www.the-privateer.com (paid subscription service {PSS}), Richard Mayberry’s Early Warning Report (PSS) and www.lemetropolecafe.com (PSS). There are many others and if you email us we’ll send you the “2010 Gift to the Gold Community”.

We must admit to watching dozens of sites, writers, and blogs. But how many of you are aware of the headline listed above? This speaks volumes to the financial condition of the country.

It reminds be of the child’s fable of the ant and the grasshopper. Well, currently the ants are busy at work preparing for the future.How about you? What do you think the future in the US holds? If you have any money, adopt defensive positions. Now is the time to protect your assets although there are enormous investment potentials in gold and silver.

Remember, that this paper money is simply being printed into existence. There is nothing of real value behind it. Our dollar is an IOU (nothing). A country must produce something in order to create value. When it comes down to the fact that all you create is paper (as in paper dollars) you know you have a problem.

Extrapolate the facts and you realize that all of these Unemployment payments are because people are unemployed! They are producing nothing and many of them have not been working for years. More people are losing their jobs every day and there is no economic recovery so please, do not be fooled by the boob tube media. Wall Street “talks its book”. They want you to think that good times are on the way so you will purchase their lethal financial products.

Until Next Time,

United We Will Stand; Nothing Occurs in a Vaccum; By Design over time

D. Stewart Armstrong

From: EconomicPolicyJournal.com

32 States Have Borrowed from the Federal Government to Make Unemployment Payments; California Has Borrowed $7 Billion

EconomicPolicyJournal.com has learned that 32 states have run out of funds to make unemployment benefit payments and that the federal government has been supplying these states with funds so that they can make their payments to the unemployed. In some cases, states have borrowed billions (Isn’t it strange how we’ve all become inured to “billions”, soon it will be “trillions” as in yawn–no biggie!  Ed).

As of May 20, the total balance outstanding by 32 states (and the Virgin Islands) is $37.8 billion.

The state of California has borrowed $6.9 billion. Michigan has borrowed $3.9 billion, Illinois $2.2 billion.

Below is the full list of the 32 states (and the Virgin Islands) that have borrowed from the federal government to make unemployment payments, and the amounts that remain borrowed as of May 20 . (Numbers in red are billions)

Alabama $ 283 million
Arkansas 330 million
California 6.9 billion
Colorado 253 million
Connecticut 498 million
Delaware 12 million
Florida 1.6 billion
Georgia 416 million
Idaho 202 million
Illinois 2.2 billion
Indiana 1.7 billion
Kansas 88 million
Kentucky 795 million
Maryland 133 million
Mass. 387 million
Michigan 3.9 billion
Minnesota 477 million
Missouri 722 million
Nevada 397 million
New Jersey 1.7 billion
New York 3.2 billion
N.C. 2.1 billion
Ohio 2.3 billion
Penn. 3.0 billion
R.I. 225 million
S.C. 886 million
S.D. 24 million
Tennessee 21 million
Texas 1.0 billion
Vermont 33 million
Virginia 346 million
Virgin Islands 13 million
Wisconsin 1.4 billion
Total $37.8 billion

Nelson is a man whose ideas are worth a listen. Most of us know there is little difference between the Republocrats. So lets get on with it and find a way to throw the bums out. The very survival of the country is at stake. The US is currently 125 Trillion dollars in debt when counting the off budget items and the wars. It is such a vast amount that it cannot be inflated away, cannot be taxed away, and will never be repaid. I personally believe that Antal’s Fekete’s idea of a debt jubilee wherein all debts are forgiven is the only sane course of action. Then the system needs to be reformed and Americans have to get off their sorry asses and become involved instead of just complaining. Am I allowed to say that? Well, I just did.  (Editor)

Nelson Hultberg
May 14, 2010
The Charlie Brown Conservatives

In the famous Charles Schulz comic strip, Peanuts, Charlie Brown is enticed every year by Lucy to placekick a football that she volunteers to hold for him. Charlie runs down the field toward his beguiling friend, who is holding the football on the ground, and swings his leg in a huge arching kick. But at the last moment Lucy jerks the football away and Charlie flies through the air to land on his back with a loud thump and the scream of “Aaugh!” Every year, Lucy convinces Charlie to try another kick, promising not to pull the football away like she did last time. And every year, Charlie runs down the field and Lucy jerks the football away at the last moment with Charlie falling on his famous fanny.

Why does Charlie continue to fall for Lucy’s con? Because Charlie is a good-natured chap, but gullible about human nature. This priceless scene, which played out every year from the 1950s to 2000 in newspapers all over the world, is metaphor for that exasperating trait of large amounts of humans to fall for the beguiling promises of their fellowmen who seek something from them. Much of history is made — from the daily mundane events of our personal lives to the grand, epochal affairs of nations — because of this naïve trust that so many humans have in the professed benevolence of persuasive fellow humans who wish to enlist their support for a cause, a vote, a job, a war, a venture, a romance, etc. The world is full of guile because it is full of fools.
Thus life for us as individuals and societies keeps running off the road into messy ditches of disaster. read more

I don’t know how everybody else feels about it, but to me I think Hispanic people in this country, whether legally or illegally, made a huge public relations mistake with their recent demonstrations. I don’t blame anybody in the world for wanting to come to the United States of America as it is a truly wonderful place. But when the first thing you do when you set foot on American soil is illegal, it is flat out wrong, and I don’t care how many “lala land” left-heads come out of the woodwork and start trying to give me sensitivity lessons. I don’t need sensitivity lessons; in fact I don’t have anything against Mexicans!  I just have something against criminals and anybody who comes into this country illegally is a criminal. And if you don’t believe it, try coming into America from a foreign country without a passport and see how far you get. What disturbs me about the demonstrations is that it’s tantamount to saying, “I am going to come into your country even if it means breaking your laws and there’s nothing you can do about it.” read more

And if you really want to know the truth, listen to Gerald Celente who has been accurately deducing the future for quite some time.

:http://www.youtube.com/user/geraldcelentechannel?blend=1&ob=4#p/u/1/DlnOv-tVpYw

This is what is coming our way. We are living during a point in history that is going to set us back 100 years and we all have to pray–no, we have to act so that these idiots will not start a WAR. We are past the tipping point–we are lost so it is every man for himself but that does not preclude trying to work together to save the pieces. Banks and government have stolen everything with the help of the courts.

The first step in solving a problem is to identify it. These articles help us to do that.

Then we need to find a way to get people to stand together even as they fight their own issues. Ben Franklin said–and I paraphrase, “we hang together, or we’ll hang alone”.

The middle class is being wiped out and what the political workers, including the court system, do not understand is that their pension plans have been ripped along with all the others. Banks are quite non-select.

Judges will be retiring on nothing, but so will teachers, clerks, and janitors. Calipers is broke. Californians have no money. Where will the tax dollars come from with 25% of the State unemployed and another 10% of the people not even understanding the English language. How many gardeners do we need? Couldn’t college kids do those same jobs? Actually, many of them would welcome the work because they are now facing the cold harsh reality of having no money for pizza or the latest video games. read more