Article Image Ernest Hancock
Letters to the Editor • Economy - Economics USA

"... there’s going to be a crisis which will come along on the 21st, 22nd of January ..."

Hello, Friends,

Joe Biden, as well as three other "world leaders," have within the last week, made veiled comments to their friends that something HUGE is going to happen in the next two months. 

Colin Powell made this comment, "The problems will always be there and there’s going to be a crisis which will come along on the 21st, 22nd of January that we don’t even know about right now.”

Very curious comment, don\'t you think?  How can he name a date so precisely when he says that we don’t even know about the crisis?  Hmmmmmmm???  

The below may be a factor in the above problem…….

U.S. Constitution, Article 2, Sections 13 & 14
13.   No person except a natural born citizen, or a citizen of the United States, at the time of the adoption of this Constitution, shall be eligible to the office of President; neither shall any person be eligible to that office who shall not have attained to the age of thirty five years, and been fourteen Years a resident within the United States.
14.   In case of the removal of the President from office, or of his death, resignation, or inability to discharge the powers and duties of the said office, the same shall devolve on the Vice President, and the Congress may by law provide for the case of removal, death, resignation or inability, both of the President and Vice President, declaring what officer shall then act as President, and such officer shall act accordingly, until the disability be removed, or a President shall be elected.

Do you think that they would appoint Hitlery Klingon, in the event that Barak O’Bama could not be sworn in for any reason?  Wouldn’t that cause a rush for the borders?

Because of the world situation, our focus is shifting away from how to help you set up your business for maximum profits, minimum taxes, and elimination of fear of frivolous lawsuits, and instead, we are beginning to focus on how to assist people in the USA, in Panama, and in the rest of the world, with medical and emergency needs.  And helping those who have a need to protect what few assets they have left, and in some cases, move to a safer location.  We need donations of money, food handling equipment, and medical equipment.  Because people have valued us highly as a source of information, but not highly enough to support us financially by contracting for our services, we are not in the position to assist any and all people.  Those who have donated or used our services will be the first to receive help.  We are “digging in” for a long depression, and medical needs and food production are high on our priority list.

The word from Canadian friend who just returned to Panama is that the US banks are foreclosing on over 700 houses PER DAY.  The bankrupt people are leaving everything and moving to parts unknown, because their jobs have disappeared, and now their homes are gone.  They are just getting in their cars with the cloths on their backs, maybe one suitcase and an ice chest, and disappearing. 

They are leaving all of their furniture, 50” televisions, stoves, double-door refrigerators, -- everything. 

One household moving company that a few years ago had only three employees now has 70 employees, and their only job is emptying houses that are being repossessed by banks.  The banks are telling the house cleaners to haul everything to the dump, and crush it, so there will be more room in the dump for the rest of the household goods that will follow. 

The situation is like a combination of the Great Depression and the Dust Bowl, and it is just barely getting started.  Soon, the same will be happening in Canada and in Mexico.  You are seeing the pattern, so get ready for it in your home town.

I also can send you a short PowerPoint presentation (turn your sound off!!!) that gives the best and shortest explanation of the recent wars and the financial problems of the past 25 years.  It shows the inevitability of the financial downfall of the U.S.A.  My father’s phrases in describing this situation were “You can’t spend yourself rich,” and “Americans are living in a fool’s paradise.”  I am blessed to have been taught by the wisdom of Solomon (my father’s name) and am also blessed with ears that will hear, so I didn’t “turn him off” like a radio.  This is a very short PowerPoint presentation with information clearly presented.  Request it from  by asking for the PetroDollar.pps PowerPoint presentation.

Of further importance is the article that can be found in the Kitco Commentaries, at: 
[Printed in text, below.  You can request a fully-formatted document via e-mail to]
I suggest that you sit down, get a good cup of coffee, re-read all of our Newsletters that we have sent since 2002, and devise a strategy for yourself and family.  If you don’t have the back issues in a file on your computer, then send us a request for Issues #048 and #052 unabridged, and then request the copies from  that you need for making a decision regarding your life.

I would also suggest that you not drink, wash your hands in, or bathe in water that has fluoride in it for the next few weeks at least.  Then re-read this message, if the events suggested in the links up above have not already occurred and it is not to late to do anything.  Fluoride has an effect upon the neurons in the brain that cause complacency, and a willingness to accept the decisions of “authority figures,” such as television commentators and “talking heads.”  They imported fluoride to the Russian gulags by the tank car full.  We were all told, many years ago, that there was absolutely NO evidence that adding fluoride to water (compulsory medication) would reduce cavities, and now that adding fluoride is routine, “who cares?” is the general, complacent attitude.  Fluoride works, but not for what they tell you that it works.

Please, do something proactive for yourself.  The options that we have to assist you are rapidly diminishing.

We have warned, warned, and warned our friends, and it looks like there is not much time left before the wolf is actually at the door.  The wolf will eat the sheeple first, and leave the sovereigns alone.
Remember this, folks….
Even the little boy who cried “WOLF!” was right at least one time.
We are not crying “Wolf!”  We have been warning of this for a long, long time.

May the study of the Laws of YHWH lead you into all Truth.
Bernie Besherse

Here are the articles that are attached.  I tried sending as independent documents, but it took too long to send formatted documents.  You will have to save this to your word processer and format it yourself.  I need to get this out to as many people as fast as I can, and go back to work at my paying job.

[read the second sentence in the next-to-the-last paragraph TWICE.]
The US Dollar Has got to Go
By Christopher G Galakoutis
Nov 13 2008 2:24PM
It is clear that the United States has relied on a continuous cycle of debt growth to fuel its economy.  The engine of the US economy has been the US consumer, and consumer debt had to expand at a rate that far outpaced negligible consumer income growth in order for the US economy to continue to “grow.” 
Expanding the amount of money and credit is easy under a fiat system when your currency is the world’s reserve currency.  The US has, for years, been able to create new money out of thin air at will, with no meaningful monetary penalty extracted by its trading partners.
Easy money at home gave rise to inflationary pressures in homegrown industries and services.  Understanding full well there can be no economic growth where the purchasing power gained from expanding consumer credit is all but nullified by rising inflation, modern day economists, along with an all too eager public support seeking war-time government and profit thirsty CEO’s, came up with a plan in 2001.  It was full throttle ahead for the outsourcing movement.
With the prices of their big screen TV’s and other imported goods falling, the American people were fooled into believing there was no inflation, as the rising costs of life’s necessities back home had been camouflaged, as it were, by the falling costs for everything else.  The average consumer was left par for the course after all was said and done, and feeling pretty good about things, as the easy flowing credit initially provided all the good, such as rising home values, and none of the bad.
More outsourcing meant more Americans losing their jobs, and joining their neighbors in the unemployment line, instead of the shopping mall checkout line.  Jobs that used to support income growth, as well as a solid tax base for the cities, states and federal government, had been moved offshore, in the short-sighted search for votes and higher stock prices.  There would soon be fewer American consumer dollars filling foreign coffers.
As more people struggled and were unable to make their mortgage payments, the economic realities of millions of Americans finally began to dawn on even the most optimistic.  Housing prices would soon collapse, as fewer and fewer Americans could afford to pay sky-high prices.  Greater fools are always milling around, but the jig was up on lending vast sums of cash to greater fools with no jobs.
Like the cheating student relying on the kindness of those sitting beside him during exam time for a passing grade, so too the US has relied on the kindness of foreigners for the maintenance of the American standard of living.  But such fantasies can only last for so long.  Like the parents of our little swindler, the American people, as well as America’s foreign creditors, would soon learn that all was not what it was cranked up to be.
That is where we are today.  The trillions borrowed by the US government and US consumer cannot be paid back with dollars of equal value.  A country with no domestic savings from which to draw, angry foreign creditors and with a collapsing tax base has few options.  US debts will have to be paid back with printed money.  Money printing will cause a severe inflationary depression in the US, meaning it is time for Americans to hunker down.  Americans need to reduce spending, buy some gold, and get rid of the gas-guzzlers and vacation homes -- downsizing is survival in the years ahead.
The worldwide crash in equity markets is the rest of the world coming to terms with this reality.  A decoupling from the US, both financially and economically, would save the rest of the world -- home to well over 90% of the world’s consumers -- but only if they move quickly.  Akin to a drowning man holding on to the legs of a would-be survivor, the rest of the world, our would-be survivor in this case, has been trying to figure out how to be a hero.  When the would-be hero realizes he too is at death’s door, one swift kick jarring himself loose will be the only option.
It is time to extract a penalty and exercise that option.  The US dollar has got to be replaced as the world’s reserve currency.
Christopher G. Galakoutis
CMI Ventures LLC
Westport, CT, USA


1 Comments in Response to

Comment by Mayra Abarca
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