It is with the deepest gratitude for the journey that we have shared that I wish to inform the thousands of Monster readers that the curtain on this site is coming down. Truly dark events are about to occur and running this site is a luxury I can no longer afford as a tsunami of economic terrorism is about to hit us. Yes, the economic situation is entirely more dire than most people realize, even ‘alarmists’ like Glenn Beck. I have to devote every single moment to making sure my family survives.

As many of you know, I live in Hawaii which is the only state in the union comprised completely of islands and is regulated by the Jones Act that requires union labor on all ships. Not only is Hawaii’s economy based on tourism that will continue to take a hit from the gestapo tactics of the TSA, but everything on this island runs on crude oil that is shipped here. Hawaii has the highest per kilowatt rate in the nation; a staggering .33 cents. Considering the fact that this democrat controlled state garners massive donations from the unions, the rates for everything will continue to skyrocket here as not one single representative of this state will put forward legislation exempting Hawaii from the unions’ stranglehold. When inflation finally hits the mainland, we will already have been underwater for months. Many of you may have seen the $14.19, 2 pound can of coffee a month ago. That price has been in place for months. What do you think is going to happen when a barrel of oil costs $100, $150 or higher? Ben Bernanke’s QE2 may only cause a slight ripple through the lives of mainlanders, but for families here in Hawaii, the first round of QE has already been devastating.

I have spent months attempting to grow this site into a self-sustaining endeavor only to see one researched story after another end up on bigger sites, or worse yet, important stories like the Fed’s new Office of Financial Research be totally ignored. Though I am happy that the message has gotten out and America is waking up, I have had to accept the fact that America will not compensate me for the time and effort invested. I must act accordingly as I am still unemployed and competing for an ever dwindling pool of jobs. My family needs food and a roof over their heads, and America has been well trained to shamelessly accept a free lunch.

I would like to profoundly thank the five individuals that have stood by the Monster and put their money where their mouths are by sponsoring this site for the last year. You are all heroes in my book, and the message has gotten out because of you! I have faith that more Americans will follow your lead in the future and support the alternative media where they find excellent content.

I will be moving as much of this site onto the original LogisticsMonster.wordpress.com site so that the information will still be out on the web until Congress and the FCC shut us all down.

I will never be Edward R. Murrow but I believe his closing words are very appropriate;

Good night and good luck.

…and Thank You!

A $38 Billion Dollar Loss.

What did you expect?

We knew what would happen, that’s why we were so opposed to bailing them out in the first place.

I wonder if all those pension fund holders feel raped a second time now?

Eric Bolling of “Follow The Money” appearing on ‘America Live’, 11.18.2010 to explain how the American taxpayer is taking yet another loss in order to protect crony capitalism, the unions, and foreign investors.

All of that being said, I find it rather interesting that this happened today since this is the beginning of the 9.12 March week.

If you stop by Logistics Monster and it is down, please come by here or The Dame Truth to find out the current 411.

Mahalo,

diamond

I am only quoting the most salient points, so I suggest you wander over and read the whole article, all the while keeping in mind, that no single administration or succession of administrations could possibly be so stupid as to drive America into extinction by accident. Then add the young lawyer and mentor to ACORN (Obama) with their Saul Alinsky and Cloward-Piven strategy who was then installed in our White House to complete the endgame of the strategy, and it is impossible for this student of history to believe that it just happened that way.

The Road to Economic Demoralization
Washington is going the wrong way.

There’s no question that current government policies for taxes, spending, and regulation are causing the U.S. to lose competitiveness in the global race for capital, prosperity, and growth.

And China has no capital-gains tax. It only has a 15-to-20 percent corporate tax. The U.S., on the other hand, is raising its cap-gains tax rate to 20 percent. It’s also increasing its top personal tax rates. (emphasis mine)

In fact, the scheduled income-tax hike along with a much-discussed 4 percent health-care surtax will balloon the top U.S. tax rate all the way to 51 percent. And there’s more. In order to finance so-called health-care reform, congressional Democrats are now talking about raising the tax rate on capital gains and dividends by another 1.5 percent while installing a value-added tax (VAT) that would begin at 1.5 percent.

So top tax rates in the U.S. may edge into the mid-50 percent range. Compare that to the OECD average of only 42 percent. And when those tax-hikes kick in, the top U.S. tax rate will rank above that of France, Germany, and Italy. That can’t be good.

Incidentally, our 40 percent corporate tax rate is already almost 15 percentage points higher than the corporate rates in most of Europe.

Washington’s enormous expansion of the state-, local-, and federal-government spending share of GDP to over 40 percent — including Bailout Nation, TARP, and takeovers in numerous industries — is eerily reminiscent of Old Europe’s old policies. And in an ironic twist, Europe seems to be moving toward a lower-tax-and-spend-and-regulate, Ronald Reagan–type approach, while the U.S. is regressing to the failed socialist model of Old Europe. This makes no sense.

Higher tax rates undermine the incentive model of growth. At the margin, investment risk and work effort become less rewarding. On top of this, Obama’s regulatory moves toward greater government control of the economy will further drown animal spirits in a sea of red tape born of bureaucratic officialdom.

Think about this in terms of the threat to nationalize heath care, which is over 15 percent of the economy. (Author’s note: Factor in SEIU who has offices with ACORN and who is teaming up with Wal-Mart to back government healthcare.) Additionally, Washington’s cap-and-trade proposals will essentially nationalize the entire energy sector — another 15 percent of the economy — sending long tentacles into every nook of the economy that’s impacted by energy, which is virtually everything. (Author’s Note: Factor in GE who was a major backer of the Obama campaign and who is now part of the economic recovery team and a corporate member of the CFR.)

And all this comes on top of the U.S. government’s takeover of auto companies, banks, AIG, Fannie, and Freddie. Instead of Schumpeterian gales of creative destruction, we’re on the road to economic demoralization.

Here’s the clincher: Year-to-date, Dow Jones stocks are off 8 percent, while China stocks are up 71 percent. The world index is up 4 percent. Emerging markets are up 25 percent. They’re all beating us. None of this is good.

We’re going the wrong way. That’s why stock markets are not voting for the United States anymore.

It appears the Pilgrims and their front groups for the NWO are trying desperately to level the playing field.

They have been systematically trying to abolish the one major component that can and will derail their plans.

Patriotic Americans and their 2nd Amendment rights.

The Battle Plan:

• DEMAND that the unspent funds from the Porkulus (Stimulus) Bill be repealed.
• DEMAND that The Federal Reserve be audited and then abolished.
• Melt the phone, fax and email lines at the House and Senate over Cap and Trade, Sonja Sotomayor’s appointment to the Supreme Court, the Socialized Medicine Rationing Bill, and whatever else this crack smokin’ Democrat controlled congress has up it’s sleeve. (3rd Stimulus Anyone?)
• Fight every single attempt to disarm the American people.
• Assemble in Washington, D.C. on 9.12.09 to put Congress on notice that their days are numbered.
• Run for Political Office.
• Flip the Congress in 2010 thereby depriving Obama/ACORN/SEIU and the shadow chess players in the background of all their rubber stamp power.
• DEMAND that every single piece of paper that pertains to Barack Hussein Obama from his real long form birth certificate to all of his college records, university records, medical records, law review papers, court documents of his time as ACORN’S lawyer, Selective Service documentation, and Illinois Senate records are (unsealed) revealed to the public in their entirety to show exactly what Barack Hussein Obama is hiding; be it a British citizenship, an Indonesian citizenship, or whatever trouble he may have gotten caught up in while at campuses of higher education.
• REMEMBER that both Dems and Repubs are showhorses for the Pilgrims.  There is no difference between them.

I am still wondering what it is going to take to wake these people up.
http://www.youtube.com/v/d-3hxtNybg0&hl=en&fs=1&color1=0x3a3a3a&color2=0×999999&border=1

From NY Daily News

Bag manufacturer: Mistaken identity on First Lady’s clutch

Call it a case of mistaken identity.

Italian luxury goods manufacturer VBH boasted yesterday that First Lady Michelle Obama had toted their $5,950 alligator manila clutch earlier this week while on a trip to Russia.

No way, said the White House, which countered that the First Lady was carrying an $875 VBH patent leather clutch.

After sticking to their initial claim, the high-end leather manufacturer is now backing off. “If that’s what the White House is saying, then it’s a patent bag,” admitted VBH rep Kelly Vitko.

Despite being certain about the bag being the nearly $6,000 version – “it’s definitely ours [manila bag],” she said earlier this morning — the rep now says that she made an assumption and misidentified the bag.

1. The bag  is more than likely the $6k version
2. The rep was certain and stuck to her story and then “misidentified” a product she represents?
3. How does one misidentify a $6k bag?
4. Are you believing this line of crap?
5. Still think the Obamas are not elitists?

It appears that calls were made VBH, and now Michelle Obama gets to have her cake and eat it too.

Have the Emperor and Empress added any new czars today?

Can We Impeach/Arrest Obama yet?

(Now excuse me while I go cross-eyed figuring out the State Dept. appropriations bill.)

David McArthur, a small businessman, on ‘Your World’:

http://www.youtube.com/v/uKD4MxLHb9I&hl=en&fs=1&color1=0x3a3a3a&color2=0×999999&border=1

The Commercial Real Estate Bubble…Coming To A Bank Near You

I know you folks are very savvy, paying attention, and doing math with a real pencil instead of a red crayon, so what comes next is NO SURPRISE to you.  Are we all ready for the next part of the rollercoaster ride when the commercial real estate bubble implodes? If you still have money in the stock market, why is that? (Once again, bold emphasis is mine, and may I repeat how screwed we are?)

Well today, 7.9.09, we have this:

Commercial real estate woes grow

WASHINGTON — Owners of shopping malls, hotels and offices are defaulting on their loans at an alarming rate, and the commercial real estate market is not expected to hit bottom for three more years, industry experts warned Thursday.

“The commercial real estate time bomb is ticking,” said Rep. Carolyn Mallory, D-N.Y., who heads the congressional Joint Economic Committee.

Delinquency rates on commercial loans have doubled in the past year to 7 percent as more companies downsize and retailers close their doors, according to the Federal Reserve. Small and regional banks face the greatest risk of severe losses from commercial real estate loans.

The commercial real estate market’s fortunes are tied closely to the economy, especially unemployment, which hit 9.5 percent in June. As people lose their jobs, or have their hours reduced, they cut back on spending, which hurts retailers, and take fewer trips, which hits hotels.

Funding for commercial loans virtually shut down last year as the financial system unraveled. Industry executives say financing is still extremely difficult to obtain, even for financially healthy properties.

While that may seem like an abstract problem, it has real-world consequences. New construction projects have come to a virtual standstill. That means reduced tax revenue for local governments and fewer construction jobs, said Jeffrey DeBoer, chief executive of the Real Estate Roundtable, an industry group.

The commercial property industry is “not going to turn around until consumers and businesses start spending money again,” he said.

Total losses in securities backed by commercial property loans could be as high as $90 billion in the coming years, according to Deutsche Bank analyst Richard Parkus. He says even more losses — up to $140 billion — are expected from construction loans made by regional and local banks, rather than those sold as securities held by investors.

“We believe the bottom is several years away,” Parkus told lawmakers.

Are you ready folks? Still have money in the stock market?

Here is just one example of the numerous I have read over the last few days,  and the blinding omission of the obvious; Barack Obama has even less experience.   This snake oil salesman and frontman for the shadow chess players was a “community organizer” and served only 143 days in the Illinois Senate before starting his alexandrian campaign for the White House.

I found this story over at CQ Politics and it was written by David Corn about Time Magazine.

Time Goes Gaga for Palin

In a classic example of newsmagazine overthink, Time profiles Sarah Palin with a cover story that practically celebrates her thin résumé and essentially makes the case that know-nothingism could be good for America. Seriously:

“Palin’s unconventional step speaks to an ingrained frontier skepticism of authority — even one’s own. Given the plunging credibility of institutions and élites, that’s a mood that fits the Palin brand. Résumés ain’t what they used to be; they count only with people who trust credentials — a dwindling breed. The mathematics Ph.D.s who dreamed up economy-killing derivatives have pretty impressive résumés. The leaders of congressional committees and executive agencies have decades of experience — at wallowing in red ink, mismanaging economic bubbles and botching covert intelligence.”

If ever there has been a time to gamble on a flimsy résumé, ever a time for the ultimate outsider, this might be it. “We have so little trust in the character of the people we elected that most of us wouldn’t invite them into our homes for dinner, let alone leave our children alone in their care,” writes talk-show host Glenn Beck in his book Glenn Beck’s Common Sense, a pox-on-all-their-houses fusillade at Washington. Dashed off in a fever of disillusionment with those in power, Beck’s book is selling like vampire lit, with more than 1 million copies in print.

Citing Glenn Beck as proof that many Americans are eager to turn to a pol with little expertise in national policy? But didn’t the country just have an election? And didn’t a significant majority vote for the guy with two Ivy League degrees who talked about bringing professionalism, science, and expertise back to policymaking in Washington? (Anyone remember Palin’s climate change denialism? Not the Time people.)

Didn’t 69 Million incredibly gullible people buy the MSM marketing of a candidate that has no experience and even more questionable judgement?  It is no wonder we are in this mess when Americans are voting with their emotions instead of their cranial faculties.

You may or may not like Sarah or agree with her; that’s not the point of this post.  The point is to watch what the Media is stating about her and see the reverse marketing approach that they are making in hopes of slowing down her message by discrediting her personally and professionally.

I personally am glad that with all that is happening in the beltway, we at least have one adult speaking the truth above the heads of the crack-smokin’ congress and the hormonally challenged teenagers in the White House.

$600 BILLION in interest payments to the Fed this year? WTF?  WHEN CAN WE ABOLISH THE FED AND CENTRAL BANKING SYSTEMS FOREVER?

Rep. Jason Chaffetz at 5:00 is not only talking about giving our money back to us, but in very plain terms is telling his colleagues that all that money they are spending is OUR MONEY – not the congress’ money!

I suggest we go further than that; repeal the $717 Billion of stimulus money that has not been spent yet and then give every single legal adult American $1 Million to stimulate housing sales, investment, college educations, small business starts…etc.  Imagine the tax revenues to states from that kind of influx of cash going to Americans instead of the Banks who just either held onto the money or bought each other to consolidate their power.

American innovation drives our economy…
http://www.youtube.com/v/MDjmbVTGTw4&hl=en&fs=1&color1=0x3a3a3a&color2=0×999999&border=1