[Arktwo] Let's Talk

[Bruce Beach]

Would you like to talk with me
on Internet Radio?
I have never done this before
but as I understand it -
a week from now
on Sunday August 19th
at 10:10 p.m. Eastern Time
(7 p.m. west coast)

You can talk to me on Internet radio
by going to the web site

	www.nowlive.com

and linking into the program
"What Would Jesus Do Now"
(Information at www.wwjsnl.com )

Then if you are willing to talk with me on the show you should -
at about 10:15 eastern time
(convert that to your corresponding time)

a. call on your telephone -
	the number 1 (310) 984-7600
b. you will be directed over the phone
	to press the # sign
	and some numbers for WJWD
c. and then to go on the air live
	press 1 when directed

I am told that you will then be
in a 'waiting room'
and will be brought on the air
in order as others finish speaking.

The topic will be generally about my views
on the inevitability of nuclear war
and the story of Ark Two.

If you are a TEAM Leader,
or are a Project Editor,
or have visited the Ark,
or have built a shelter,
or subscribe to this newsletter -
please identify yourself as such.

------------
There is concern that
the world is in a
monetary / financial meltdown.

For decades I have said -
that the next depression would be
many times worse than the Great Depression
of the 1930's.

The reason is -
that during the Great Depression
there was a shortage of money,
but the money was good.
If you could get a dime -
that would buy lots.

To fight polio
mothers formed the March of Dimes
and asked everyone in the movie theatres
to give a dime.
Lots of people didn't have the dime -
and lots more weren't even in the theatre
because that cost a dime also.
(Up double from the days of the Nickelodeon).

The saying in those days was -
"Don't take any wooden nickels" -
because local merchants tried
to jump start the local economy
by making wooden nickels -
but then left instructions
with their clerks
not to take them.

The problem today -
some say -
is that there is too much money
rather than too little.
Reputedly the government just prints it -
but even that isn't true.
They simply enter numbers
into the accounts of banks.

Banks actually create money
because they are allowed by law
to lend multiples of whatever
they have on deposit.

It is the Federal Reserve
that determines what multiples
they can loan -
and thus it is the Federal Reserve
that determines how much money there is.

The Federal Reserve is a misnomer.
It is not owned by the Government.
It is owned by private banks -
individual capitalists.
The US Government sold out that power
to private interests along time ago.

Theoretically the chairman of the Federal Reserve
is selected by the President of the US -
but in actuality -
the candidates for President of the US
are more likely selected by
the cohorts of the Chairman of the Federal Reserve.

In 1910, Senator Aldrich
and executives representing the banks of
J.P. Morgan,
Rockefeller, and
Kuhn, Loeb, & Co.,
secluded themselves for 10 days at Jekyll Island, Georgia to form the
Federal Reserve.

The executives included Frank Vanderlip,
president of the National City Bank of New York, associated with the
Rockefellers,
Henry Davison,
senior partner of J. P Morgan Company,
Charles D. Norton,
president of the First National Bank of New York
and Col. Edward House -
later chief advisor to US President Wilson.

If you don't know the story -
it is an interesting read.
But anyway,
it is they, the money powers, -
and not the government that
tries to control the dollar.

There are printed
lots of phoney counterfeit dollars -
but mostly in other countries.
The world is afloat in them also.
But not to worry -
as Keynes said -
'money is mostly a veil', anyhow.

I have spent more hours of late -
studying the current monetary
and financial situation
than I did decades ago
as a graduate student in economics.

I can tell you this much -
"NO ONE UNDERSTANDS
the current financial situation" -
and "NO ONE CONTROLS
the current financial situation".

The monetary system is out of control -
and that is why it may (will probably) crash.
This is why
the resulting depression
will be worse than the last,
because this time money will be worthless.

Wealth today is debt.
I have lots of debt -
so I am therefore very wealthy.
The problem arises
when we can no longer service the debt.

Being a sub prime mortgage holder
who couldn't make my mortgage payment this month,
I am one of the causes of this current
financial crises.

All of this was an intentional gamble
on my part -
that the economy was going to crash -
and worse -
that there would be global nuclear WW3 -
and therefore
rather than having cash in the bank
or other such assets
I decided it was better to acquire
a large nuclear survival complex.

Timing, timing, timing.
And upcoming unpredictable events
both for myself and the bankers.

I rather doubt that the present financial system
will provide a Biblical debt jubilee.
On the other hand -
the current social situation
may not allow mass foreclosure
on seventy percent
	http://tinyurl.com/yruhn4
of US homeowners
who also have mortgaged their homes.

At present, however,
all the debt relief
is being given to the wealthiest bankers.
The US Treasury is simply loaning them the money.
However,
there is a problem there also.
The US Congress
(which is on vacation)
sets the US debt limit
and because the US Treasury sent so much money
off this week to Europe
to try to save the world economy -
it completely scraped the bottom of the barrel.

In fact it went a few million past the bottom -
and now has no more.
I understand how that can happen.
I have a credit limit at the bank -
but when I don't make an interest payment -
they add the interest to the limit -
so I go over the limit.

All my good economic practices
I have learned from the best.
The US government.
The only difference is
I can't keep loaning myself money.
And now,
at least for the moment -
the Treasury can't either.

So, I am having a monetary crises -
(serious enough to me)
but,
the US monetary crises in credit
can prompt severe international reactions
in places like the oil market,
and social instability in other countries
that could lead to the nuclear conflagration.

Many times in the past
I have explained that economic warfare
can be as destructive as nuclear warfare.
The capitalist system is in economic warfare
with the communist system.

Russia and China can now
control the International monetary scene
although it is calculated in US dollars.
Russia has paid off its national debt
to the World Bank -
and China holds $1.3 trillion
surplus US dollars.
Not that the US will let them buy anything -
say like California -
(which they would like to do).

It is a strange world out there.
The US taxpayers loan dollars to Iran
through the World Bank which the US controls,
and grant millions of dollars
to Russia for their nuclear program,
but don't have money for the US children's milk fund.

Then there is the story of derivatives.
Don't ask.
I have seen estimates between
fifty and 75 trillion dollars.
These are simply bank gambling instruments
on the stock market -
and they and a lot of other similar
financial instruments -
appear to be heading south.
But the US Treasury has plans
to pay the big banks gambling debts -
with money that it will borrow from the Fed.

So many things -
that really no one understands.
In this chess game
any one of a thousand strange pieces
may make a move that causes the collapse.

I have already told you
far more than I understand
about the financial scene.
Many people have held views opposite to mine -
down through the past decades -
and so far they have always been right -
and I have been wrong,
so the world has just boomed along.

However,
if ever I am right once -
then it is just BOOM for the world.
World finance is a high flying trapeze act.
We hold our breath sometimes
when it lets go of one swing
and flies through the air to another.
Right now it is in mid-air,
and there is no net.

---------
Elsewhere in the news -
In the last few days
the Taliban have evacuated all of their
training camps in Pakistan.
This could be in preparation for
a major overthrow attempt of Pakistan -
and the creation of
a fundamentalist Islamic nuclear arsenal.
I doubt that the neo-cons will go along with that.

Iran also races forward.
For the first time in decades -
the US has set down to talk with them.
I am now thinking that
I certainly misread that.
The Iranians like the Syrians
are certainly willing to talk.
They just won't compromise.

At first I thought that it was the US goal -
to get them to compromise -
but now I see the US goal as being
two-fold different.

The first goal is to say to the world -
(and the US public)
"See we tried to talk -
but it did no good" -
and the second goal was
to outright threaten them.

The US kept saying
that the only reason for the carriers
being in the Gulf -
was to threaten Iran.
I thought that the purpose was to use them -
but it didn't work out that way.

Now -
they have moved the carriers out of harms way -
and I find that even more threatening,
because they may be able to use them
more effectively from a distance.
Maybe I just see everything as threatening.
Threatening if the do -
and threatening if they don't.

Whatever.
It does all highly motivate me.
We have had a very active week at Ark Two,
with over ten different people working on it
at one time or another.
Our TEAM Leader from Western Canada
came and stayed a whole week -
and accomplished lots of things.

My daughter came for a day -
and brought my grandson who stayed
for the rest of the week
and who was a big help.

A couple of other active participants
came two or three times during the week -
so we got a lot done -
including one BIG breakthrough.

Okay -
so we are ten times more ready
than anyone else -
but there is still lots more
that we would like to do.

Peace and love,
Bruce
DawnSayer@webpal.org