TLS Blog

Financial Permaculture July 2nd quarter Wrap up
We continue with our bi-weekly reports. Much of the news is extremely hard to absorb, but we need to know what confronts us to make wise choices on keeping our ship afloat. TH

Surfing the Slow Burn
The Slow Burn is Catherine Fitt’s term for the Bankster’s and Powers that Be’s policies of continuing to suck the financial energy out of the middle class and enrich the centralized minority without collapsing the whole system.
The tapeworm continues to centralize control of the economy where the insiders use a variety of governmental and other systems to manipulate the outsiders, (us), at an accelerating pace. The people who have been seeing this manipulation coming and have been preparing by drastically lowering their expenses, diversifying their incomes, pulling out of the corporate, centralized job environment, are the ones who are doing well.
Wealthy Americans have been withdrawing their investments from US banks, Wall Street and mutual funds and are investing abroad. New rules have been drawn up requiring significant paperwork for investing off shore. They are trying to draw the money back in. The American wealthy are getting hit hard by the realization that wealth doesn’t necessarily qualify you as an insider in the New World Order. The effect of this is you will start to see many more people start to invest their assets in real commodities and precious metals.
A great Rolling Stone article outed Goldman Sachs as having their pigs at the trough of every money source available. They are giving out 4.7 billion dollars in bonuses this year. That averages out to $700,000 for every employee in the company. Bush’s Treasury Secretary Henry Paulson, architect of the bailout was a former Goldman Sachs CEO. Robert Rubin, Clinton’s former Treasury secretary, spent 26 years at Goldman before becoming chairman of Citigroup which received $300 billion of the taxpayer bailout. John Thain, chief of Merrill Lynch and former Goldman banker received a multibillion dollar bailout from Paulson. Ed Liddy, the former Goldman director whom Paulson put in charge of AIG received billions. The heads of the Canadian and Italian national banks are Goldman alums, as is the head of the World Bank, the New York Stock Exchange and the last two heads of the Federal Reserve.
Meanwhile California continues to implode with $24 billion budget deficits. Right now they are writing IOUs, we are watching closely to see what happens in the next few weeks. What this says is we can afford to bail out the financial institutions that created the mortgage bubble with huge salaries and bonuses while we leave 100,000s of Californians homeless and without healthcare. This shift in resources is not based on any kind of financial or economic performance, but simply because they have the power to do it.
A heads up, the next bubble is in carbon credits, a booming trillion dollar market that barely even exists yet.
What to do?
Come Clean, take your money out of the big banks and find a small local bank to handle your money, get to know your banker.
Quit watching TV and devote your time to real interests.
Personal self sufficiency— get out of being dependent on strangers that are part of the centralized system.
Prepare a time budget.
Simplify, reduce debt and overhead.
Stockpile a year or 2 of non-perishables
Get radical about your health—keep toxins out of your system. Start with food and water…The food bill going through congress is horrible, there are major new regulations and expenses for small organic farmers which will raise the cost of food dramatically.
The good news, we don’t have an economic problem, we just need to localize our economies. Many very talented people are now joining the decentralization team; we are going to have to do this without leadership from above.

Thomas Hupp

Filed under: Financial Permaculture on July 18th, 2009