PLUS, A FREE BILLION DOLLAR BUSINESS IDEA
Michael C. Ruppert
(C) Copyright 2009, Michael C. Ruppert. All Rights Reserved
Jan 22, 2009 4:30 PM, PDT -- I will be the first to admit that President Obama's got some real egg on his face with respect the revolving door leading into his administration. His noble and absolutely proper decision to control what government insiders do after leaving leaves him wide open now. On the other hand, like I asked once before, who else can you find to run a government as large and screwed up as this except people who've been there before? I think that everyone who worries about this being an omen of things past becoming things future misses a very big landmark on our map.
When an an evolutionary paradigm shifts it is the same thing as the chemical composition of seawater and the atmosphere changing. The same is true in all areas of life, and politics and economics are no exception. We have about 6,000 years of recorded history that says so. All who live in the "transitional ecosystem" (I hope I didn't just coin that term. It's a good one.) must change and adapt -- including the elites -- or they will die. Just because many old hands, some with checkered pasts, are returning doesn't mean that they will operate the way they used to. They can't! There's no money. The political climate will not tolerate it. The economy is collapsing and soon the ground under the feet of rulers will be shaking. By no means should we fail to keep close eye. But these people know that every move is being watched and reacted to instantly as at no other moment in human history. We must judge by actions, not assumptions. Too many things are changing too quickly.
(As I wrote this paragraph Don Henley was singing in the background, "I will not lie down. I will not go quietly.)
The State Department performance today was brilliant, especially for a so-beleaguered, worn-out, and trodden upon Foreign Service. It was imperative that Mr. Obama move quickly on the international stage. The whole world has been waiting for an affirmation of what it has been hoping for, to -- in small measure -- undo an evil wrought as rape on the world for the last eight years. I don't know about you, but I can hear and feel a sigh of relief easing from almost everything, even the tree in my back yard. Still, we are all cautious now and we have learned at great price not to release joy too easily.
(Now I'm listening to Dave Matthews... another genius for our list. Let's see, so far we have Debussy, Henry Miller, Don Henley and Dave Matthews. Good list! Any other candidates? This might be fun. Your comments have placed me in this company and, so far, I like the party.)
A BILLION DOLLAR BUSINESS FOR THIS ECONOMY
If I was a selfish man I'd sit on this till after the new book is out. I'd never forgive myself. I'm going to be fine.
SOIL RESTORATION BUSINESS -- ESSENTIAL IN THIS ECONOMY
Those of us who've been at this for a while understand that urban soil that now supports lawns fed by oil and gas has become useless for growing food. How difficult would it be to find soil and ag experts. I'm sure that test kits already exist to analyze soil. After analysis the question then becomes, "OK, how do we fix it organically?" It couldn't be that difficult and I'd just bet that one of those local cable spots for a business like that in L.A. right now would bring in hundreds -- if not thousands -- of calls. Soil restoration could (and should) become the new chic! Right along with the composting toilet. "Have your own producing fresh, organic, vegetable garden started in as little as a few weeks!" The Chia Pet of the survivalist era! One of the best features of capitalism is that it quickly mobilizes productive energy. I am not a pure capitalist but damn there's parts of it work real good. It is the way that money works that is the enemy. But here are self-startable businesses that one doesn't have to be an expert to run. The infrastructure and capital costs are minimal. The end result is that the business owners get fed and and they make others able to feed themselves healthier food than most have ever known. Sounds like a win-win to me. Do not worry about the logistics of enough water or any of that. Those in urban areas who will have enough water to pull it off won't be able to grow anything if they don't have healthy soil first. This will teach people how to farm again and no matter what happens to that land, the knowledge and experience is transportable once acquired.
I know we've got some hot-dog, cracker jack farmers on this list. What say you?
PS: Globalization is dead in more ways than one. Indians and other foreign nationals are fleeing Dubai as its economy implodes. Thousands of cars are being abandoned outside the airport with keys in the ignitions. You see, when it comes time to face death, is is every animal's instinct to go home. It is what I did.
THE NUMBERS GAME
It's a little dizzying to read the headlines these days: Two trillion here, three trillion there... In between you go to the store, pay for your coffee and walk out, just the way you did three orders of magnitude ago.
"Freefall" reads another headline. I guess we really are at the legs-spinning-above-the-abyss phase, oblivious to said freefall until we land.
Between conception and realization falls the shadow. And that's a good thing. It's coming into the light that's going to hurt.
Global Banking Losses to Hit $3.6 Trillion
Quote of the day:
"'Secretly, bankers are already being advised about how to handle a bank holiday,' says Terry. 'There will be limits on how much money you can take out of a bank. And probably limits on what you can do with it.'
There will probably be controls on trading gold .. that was one of Roosevelt's plan too. And probably a national health care program. And who knows what else." www.dailyreckoning.comJapan's Economic Gloom Deepens As Exports Plunge
Oil Surges; Ends Over $43 a Barrel
Gold to Gain Through 2012, Morgan Stanley Forecasts
They must be consulting the Mayan calendar too.
US Gets Other Routes For Afghan Supplies
Russia is assisting in this effort to bypass Pakistan. F. Kamilov, we await your comment.
India's Nuke Cruise Missile Test Fails
While India's getting help with its missile program from Russia, Israel and France, Pakistan is teaming up with China. The US, of course, is playing with both sides.
Rule Change Would Allow Ottawa To Buy Bank Stock
"Ottawa is looking at changing little-known rules that prevent governments from owning shares of Canadian banks and insurers, according to sources.
Doing so would not only allow the government to inject capital into banks if that ever became necessary, it could also make it easier for Canadian financial institutions to pull off foreign takeovers, and ease the way for sovereign wealth funds to invest in institutions here."