Posts Tagged ‘national deficit’

Hyperinflation Series: Fighting Fire with Fire

By Kellene Bishop

hyperinflation is coming our way photo co frontpagemagcom 300x218 Hyperinflation Series: Fighting Fire with FireMany moons ago (I think nearly 11 years) my hubby and I decided to go to Walt Disney World for a delayed honeymoon. As a part of our Land/Cruise package, we were given about $300 in the form of a gift card that we could purchase any of our food with as well as any items that the restaurants sold.  We did such a good job in budgeting the use of this card while we were there that we found ourselves still with about $100 left the night before we were to board on the cruise ship. In essence, our gift card would be useless and expired as soon as we left the park. So, my husband, in one of his rare less-than-brilliant moments, decided that he wanted to use the leftover credit on some Cinderella steins at Cinderella’s Castle. I think it only took me a couple of years to finally donate those things to the local Salvation Army store.  My point in telling you this story is that soon, this is very similar to the position we all be in with the U.S. currency we presently hold. It’s called hyperinflation, and I firmly believe it’s in our own backyards, circling around to our front doors.

I firmly believe that if folks understood this, and they understood that their paychecks will soon not be able to purchase even the most basic essentials, I’m positive that they would start looking at ways to maximize their dollars right now, while they still DO something for them. While this may sound a bit overly dramatic, I assure you that it’s based on extensive research and experience in recognizing the looming hyperinflation that is an imminent threat to our nation right now.  Yes, I said, right now.  This shouldn’t sound like a new alarm to anyone reading this. Although I suspect we tend to block it out because we’ve been hearing it so much.  But don’t you think it would be an absolute shame to needlessly suffer simply because those who love us warned us “too much?”  How ironic is that!

hyperinflation photo silver coin investorcom 300x199 Hyperinflation Series: Fighting Fire with FireAs proud as I am to live in this country I believe we all have to realize that we are not the exception to the empirical rules of financial law…we cannot spend our way out of the debt that our nation is in.  IF debt was the only problem, then maybe such a move could be accomplished—but only because it was a lucky gamble. In this case though, it’s not a gamble—it’s an illicit manipulation and those who have the most to gain are definitely aware of the consequences. What does this mean? Well it means absolute bankruptcy. It means a halt to food stamps, unemployment benefits, critical municipal services, Medicare, Medicaid, and Social Security income. It means that folks who have IRA’s will all suddenly feel like they work for Enron in its last day.    It also means empty grocery stores, rationing of essentials, but even if you aren’t a part of that ostensibly elite group of manipulators, you are not left without a map.  There has NEVER been a time in history in which a nation has been able to sustain debt in excess of 15% of their Gross National Production.  Never.  The death warrant on a healthy economy has already been signed, sealed, and delivered, folks.  The only thing we can do is prepare for the consequences and I’m telling you today that using coupons is one of those ways that you can do so!

Regardless of the calories you expend at work, the numbers of hours you clock in, or the floor number of your office, you do not have any control over the value of the dollar in your paycheck.  Unless you are receiving a 13% raise every 4.3 weeks, you are not keeping up with the REAL cost of living increases.  This 13% represents an average of the increase of all of the “necessities” which we purchase on a regular basis.  So, are you in a losing game right now? Yes—BUT only if you ignore the problem.  If you take advantage of what tools that are available out there to help you combat hyperinflation, then you will make it through until the spiral death resets our economy.

The money trap photo co thefriskycom 300x202 Hyperinflation Series: Fighting Fire with FireFirst of all, let’s be clear, no one can presently cure hyperinflation of the U.S. dollar. Like I said before, we’ve already picked up the wrong end of the stick and the other end must follow. We can improve its impact, but the fact remains that there are trillions and trillions of dollars printed and in circulation. These dollars only exist to create the illusion that money is aplenty. Again, money is only worth what it can buy. And right now there are too many dollars chasing too few items to buy.  That may not ring true to those of us who never see such an abundance of dollars in our checking account. And I’m sorry to say, that’s exactly what the Federal Reserve is counting on—for you to only see things from your immediate point of view.  The uneducated have always been the most valuable tool of the maniacal. But, what we can do is get focused—not on the value of the dollar, but what that dollar can STILL do for us now.

No, coupons aren’t the answer to living during hyperinflation, but they are indeed an ideal solution for those who have the foresight to make use of them now! Seriously, if I could come to each one of your houses and speak to you for just a few moments about the importance of this tool in preparing yourselves against the disaster of hyperinflation, I would do it.  It’s that important to me. But, unfortunately, such a labor—regardless of how passionate and well-intended I may be motivated—is simply not realistic.  And so today, I try once more to get you mentally accept and act on this great tool—not to manipulate you, not because I have this pompous sense of having to be right all of the time—but seriously, because I am positive that I see things pretty clearly right now, and I KNOW that the coupons can help you and those around you very quickly, abundantly, and that they won’t be able to help for many more years. So I say, get while the getting is good! Once the financial collapse has undeniably occurred, the paper the coupons are printed on will be worth no more than the paper the currency is printed on.

Coupon class picture Hyperinflation Series: Fighting Fire with FireLast month I was able to purchase over $950 worth of groceries and my total out of pocket was just under $204.00. How?  Well yes, coupons had a key roll in that, along with a store special.  But we should also take note that part of the reason why I can do that now is because so many products are at artificially low prices. We’ve all come to accept that there are “loss leaders” at grocery stores—you know those items which are such a ridiculously low price just to entice you into the store? Well, considering that I got three grocery carts full of stuff last month for free or cheap, I’d say that’s a whole heck of a lot of loss leaders, wouldn’t you? Just like the present rate of inflation, money printing, and national deficit, this is NOT something that can be sustained. The more I can get for “free or dirt cheap” the more the rational side of me gets a bit concerned because I know that what goes up, must come down.  When it finally hits that there are too many useless pieces of paper aka currency, chasing after too few products, the stuff is really going to hit the fan. The knee jerk reactions to this kind of a problem are price fixing and rations. When that takes place you then have a black market. No matter what, unprepared people go hungry.

So, I have a proposal for you folks.  PLEASE allow me to teach you how to effectively use coupons now, while you can.  We have a class coming up the end of this week on Saturday.  After that it will be on August 21st.  However, I’m giving everyone fair warning—the prices of all webinars are increasing in prices the first week of August, so be sure you get registered to which webinars you’d like to attend, now. Our nation’s hyperinflation nightmare isn’t going to pay much heed to empty excuses later.  I know, 100%, that I can help ANYONE get ready for tougher time through this completely, kick-butt coupon boot camp! it’s about time that we all get a bit more serious and focused and fight fire with fire. I hope to see you there!

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Tornado Warnings for Us All

By Kellene Bishop

tornado warning 300x198 Tornado Warnings for Us AllWhile I was teaching classes in Vegas this weekend, I had a gal come up to me and share some of her personal stories. One of which was about her daughter who lives in “tornado territory.” The woman shared with me that she was happy her daughter had finally started being mindful about being better prepared. She says that her daughter realized how often they hear tornado warnings and decided to “get on the stick.” The thought that came to my mind after hearing her story was how we ALL have tornado warnings going off all of the time. It’s my hope that we’ll learn to pay attention to them. Keep in mind that a tornado warning isn’t an indicator of death and destruction. It is a warning that now is the time for you to put your preparedness into practice. Thus the fact that we’re hearing the tornado warnings all around us in virtually every aspect of our environment, we are essentially being provided with “dress rehearsals” to help us be ready for the “live performance.” 

Throughout the weekend I was also surprised to have been asked by several people “how much longer” I thought we really had. Let’s be clear, I am not a prophet. I have no more access to information regarding what’s taking place on our world stage than you do. We all have access to the scriptures. The real question is, are we paying attention to all of the indicators that we have available to us? Here are the tornado warnings I see looming in the wings at present.

Unemployment photo c/o homelessness.change.org

Unemployment photo c/o homelessness.change.org

Unemployment rate has finally been admitted by the Obama administration to be over 10%. In actuality it’s over 22%.  But hey, at least they were willing to admit their dreaded number of over 10%. Just to give you a frame of reference, unemployment was at 33% during the Great Depression during which time the standard of living was less, the dollar was worth more, etc.

Our nation is at the most horrific sized national deficit than all of our history put together.

Our enemies are becoming more bold in their hatred of us.

Our U.S. Constitution barely remains intact.

I expect there to be a great war between Iraq and Israel by the end of the year.

We have an unprecedented excess of money in circulation with no accounting thereof, and no gold or silver to back it up. It’s all just paper.

We are being primed for a medical challenge. Whether it be a factual pandemic, or a contrived one, it will still have a serious effect if any portion of our population is put under a quarantine order.

We are looking at a genuine food shortage throughout the world. The bumper crop that USDA predicted this year will NOT happening, thus not only will our own flour, soy, corn, and sugar goods rise in price dramatically, but the United States will be unable to aid foreign nations since our own surplus supplies have been exhausted.

The work ethic of the young generation is seriously compromised today. This means that there is a lack of innovation, problem solving, and initiative which is critical to aiding in any in long term financial or political problems.

The value of our dollar has dropped sharply, by 50%, just in the last week.

Fort Hood Shooting Memorial photo c/o nydailynews.com

Fort Hood Shooting Memorial photo c/o nydailynews.com

A terrorist act has recently been carried out on our own soil against our servicemen, indicating that we are sorely unaware of the hatred and conspiracies which lurk among us.

Take all these tornado warnings along with the scriptures that will be fulfilled quite literally, and you can decide for yourself whether or not you think you’re going to get many more “dress rehearsals.”

Now, clearly I could go on, but sharing with you the gloom and doom of the day is not my goal. My point is that none of this is news to any of you. And yet it should all act as tornado warnings to all of us. We’d be foolish to wait until we actually saw the tornado itself prior to being better prepared, when the smell is clearly in the air that something is amiss.

May we be aware and be prepared that this country—in all of its greatness—may continue to be carried on the backs of solid, sound, and resolved citizens. Remember that only a prepared and sober people can accomplish such a task.

Copyright 2009 Preparedness Pro & Kellene Bishop.  All rights reserved.  You are welcome to repost this information so long as it is credited to Preparedness Pro & Kellene Bishop.

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The Looming Financial Crisis

By Kellene Bishop

Paying attention can get you some great laughs, memorable moments, or vital warnings. Yesterday I was driving behind a police car and noticed that he had a license plate border that said, “Actually, I prefer bagels.” I got a much needed laugh off of that one. Glad I was paying attention.

Photo c/o globalcrisisnews.com/

Photo c/o globalcrisisnews.com/

Most Americans are unaware at just how tenable the financial culture is in our nation right now. But seriously, to not know it is simply a matter of not paying attention. It’s not like we have to trust in some kind of a prophet to see for ourselves. There is a bounty of evidence right now that begs for our attention so that we can be prepared for an inevitable challenge. This evidence spells out the critical need for us to get our own homes in order so that we can survive through the looming financial crisis.

In 1962, the “Cuban crisis” suddenly left the grocery shelves of stores nationwide empty overnight. Yet there was plenty of warning ahead of time to those who were paying attention. These persons had the ability to be independent of panic and price gouging. Yet did anyone pay attention to a looming financial crisis a year in advance of the triggering incident?

Didn’t Americans wake up to what they thought was a routine day on December 7, 1941? Unfortunately there’s some evidence military didn’t pay attention to and we were tragically caught unaware. 

While the “great depression” erupted in a matter of hours, its effects reached millions of Americans for years, in spite of numerous warning signs. Unfortunately, the indicators of today’s looming financial collapse are more rampant and indicate a much more severe collapse than that of 1929. Here are the reasons why I state as such.

1)     Financial Crisis Clue #1: A new batch of over $12 billion (yes, that’s a “B”) of pay option arm mortgages are coming due this fall. We’ve seen how those due dates have affected the market thus far. With unemployment rising, finance restrictions getting tighter, and the mortgage market being so stale, this is NOT going to be a pleasant ride, folks.

Australian Lacrosse Team Quarantined in South Korea Because of Swine Flu. Photo c/o theage.com.au

Australian Lacrosse Team Quarantined in South Korea Because of Swine Flu. Photo c/o theage.com.au

2)     Financial Crisis Clue #2: Flu outbreak. You do realize that one simple interruption in our nation’s transportation industry will cause a serious financial domino effect, right? There are over 250,000 trucking companies in the U.S. alone. The majority of them are “small businesses.” Just as you live hand to mouth, so do business owners. The trucking industry is no exception. We are due for quite the outbreak of this Swine flu this fall. I’ve never seen a more real potential for a quarantine in the last several decades as I do now. We’ve been warned of a possible quarantine as recent as the first of this month. I’m certain that the delays are being extended as long as possible holding out hope that it won’t be necessary due to the financial domino effect it will have. Other countries have begun some quarantine procedures, costing them over 5 billion dollars a day in lost commerce. I don’t think our economy is healthy enough to endure such a financial hit. The transportation industry is just the tip of the iceberg. Look at the effect a quarantine would have on everything else that doesn’t get paid as a result of consumers not being permitted to go to work. Then look at the businesses that could fail as a result of employees not being able to go to work. Look at the travel industry, hospitality, gasoline, groceries, utilities, credit, entertainment, etc. The cost of a quarantine on our nation would be immense and just by itself bring about a huge depression that would take us 7 years to recover from.

3)     Financial Crisis Clue #3: Hyper inflation. This year the U.S. needs to sell the equivalent of 1.5 times its national deficit amount in the form of foreign investments in order to survive the present financial set back. Unfortunately, we’re almost into August and we haven’t succeeded at that yet. This year our deficit is “only” $1 trillion. However, next year it is $3 trillion. If we aren’t able to raise enough foreign investors for the $1 trillion this year, how are we to expect to raise 1.5 times our projected deficit for 2010—a process which USUALLY begins the quarter preceding the year the investments are needed? When hyperinflation occurs, the only solution is to raise taxes, print more money, or sell foreign bonds. They’ve already raised taxes. We aren’t being successful in selling the bonds. So, what happens if we print more money?

emperor's-new-clothes4)     Financial Crisis Clue #4: Currency value is highly questionable. As I’ve attempted to explain previously, national currency only has value in a fully functional economy.  It only has value when there is a healthy balance between supply and demand. As we see in our news on a regular basis, we’ve long surpassed the criteria for a functional economy. I firmly believe our economy is as dysfunctional as Jon and Kate Gosselin’s marriage. Since the Federal Reserve refuses to publish the M3 report anymore which tells the American people just how much currency is in circulation at one time, we are seriously in store for an “emperor’s new clothes” scenario.  The fact that we don’t know how much money is in circulation does not change the fact that we’re seeing significantly higher amounts of currency being exchanged than ever before. The reason why our government has been staking claim to so much land (in spite of the fact that it’s unconstitutional) is so that there is more “collateral” for our foreign bonds. Fort Knox is empty, folks. Even food commodities which we have had in store in abundance in decades past have been exported in desperation to bring cash flow into our country’s government. The clouds are getting awfully dark in this warning, folks.

5)     Financial Crisis Clue #5: Credit crisis. Why in the world would credit card companies—who know full well that the economy is in serious trouble—start increasing minimum payment requirements to more than double the amount they’ve been in the past? What kind of financial sense does that make? Surely they will lose customers in doing so, or cause bankruptcies due to the irresponsible pool of consumers they cater to, right? So why would they make such a seemingly desperate move? It has to do with the fact that their money isn’t as valuable on the international trade markets any longer. As a result, the credit companies themselves have over extended themselves and thus have to cannibalize their source of income in order to bail themselves out. In addition, if you were to go to a grocery store consistently and find them out of milk each time, wouldn’t that start affecting your confidence in the availability of milk? You might start hoarding it when you did find it, or suspect there was a problem with it. The same is happening with money. Consumers are finding the “money shelves” bare at banks, credit companies, and lending companies. This directly affects consumer confidence so they are not parting with their “milk” quite so easily. Consumer confidence has a HUGE effect on currency value.

Utility Bills Could Bankrupt You. Photo c/o co.fort-bend.tx.us

Utility Bills Could Bankrupt You. Photo c/o co.fort-bend.tx.us

6)     Financial Crisis Clue #6: Credit crisis affects power companies. Most power companies purchase their power in bulk. They are able to do so based on their credit ratings through contracts known as power purchase agreements (PPAs). However, as the credit crunch in our nation becomes more obvious, even power companies are losing their stellar credit ratings and thus have difficulty renewing power purchase agreements, or at the very least, negotiating the best prices. This means, of course, that the power costs are going to go up this fall when many of these agreements are up for renewal. Couple that with the Cap & Trade “TAX” and you have a recipe for yet another financial disaster. It could come to the point where an employee literally cannot afford to drive to work. Your utility costs could bankrupt you. If this type of domino effect occurs, not only would there be a financial collapse, but several utility companies could go bankrupt with no one and nothing to rescue them. Imagine a power company sitting there looking like a ghost town.

Well, I think that suffices for now, folks. My purpose in sharing this with you is to give you yet one more reason why those of you who are preparing for “something” AREN’T crazy, and why the rest of you need to wake up and take advantage of the good times to get ready now. It sure would be a shame if the times of plenty lulled us into a sense of numbness to common sense, wouldn’t it? My friends, I beg you to please wake up and pay attention to the looming financial crisis and prepare accordingly. When this occurs, currency will be useless. Items which have an inherent value to them such as food, medical supplies, fuel, etc. are the only thing that will be worthwhile. Right now you can still obtain such items with our questionable currency. But how long will that last? Is that really a gamble you’re willing to make on your family’s life?

Wake up and smell the currency folks. The financial collapse is indeed looming.

Copyright 2009 Preparedness Pro & Kellene Bishop.  All rights reserved.  You are welcome to repost this information so long as it is credited to Preparedness Pro & Kellene Bishop.

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Thirty Minutes. Do You Feel Lucky Today?

By Kellene Bishop

If there ever is a cause for a run on the grocery stores, the supplies will be depleted in thirty minutes.  That’s it.  One half hour warning is all you will have to get more food, more water, more produce, more seeds, more medical supplies, etc.—you and the rest of your community.  Yet in that thirty minutes, your local stores will only be able to supply less than 1% of your community with the goods they would need or hoard.  Do you really want to risk that you’ll be a part of that lucky 1% and that you’re fast enough to get all of your necessary goods available in that one half hour?

  • hackers power grid Thirty Minutes. Do You Feel Lucky Today?Wheat shortages
  • Threat of Global War
  • Escalating oil prices
  • A trillion dollar national deficit
  • Constitutional freedoms being shredded
  • Threat of banking collapse
  • High rate of home foreclosures
  • Threat of H1N1 Flu epidemic
  • Unprecedented inflation of the dollar
  • Foreign hackers successfully tapping into the power grid
  • Skyrocketing unemployment

These are all sound reasons and even warnings why many Americans are beginning to wake up and take steps towards emergency preparedness today.  Thank goodness many are beginning to notice some signs which cause them to take such actions.  My greatest concerns are for those who still ignore the inevitable.  Grocery stores aren’t stocked for any kind of a panic.  They are orchestrated solely for a consistent replenishing of cupboards throughout America.  

Pakistan Petrol StrikeGas stations will last approximately one and a half hours depending on the day a rush to hoard comes into play.  Again, are you willing to risk that you’re a part of the select few who will have access to gasoline in a crisis? 

No one has to play Russian Roulette with the security, safety and survival of their family today.  Everyone has been sufficiently warned that the need will exist in which you will need your own emergency preparedness supplies.  Whether you’re a reader of the scriptures, or simply a viewer of the broadcast news, evidence is mounting just how vulnerable our current way of life truly is, and as such we must be prepared. 

Stocking up for the future is not only wise preparation, but it’s very therapeutic one as well as it exerts a proactive control in an uncertain world.  The choice is ultimately yours.  Will you prepare or perish, suffering needlessly?

If you would like Kellene Bishop to present an Emergency Preparedness message for your community or church group, please contact us at 801-788-4133.  Ms. Bishop is an experienced speaker and demonstrator on Emergency Preparedness topics and has created a great “Preparedness Party” platform which makes the learning of such a topic more enjoyable for all.

Copyright 2009 Preparedness Pro & Kellene Bishop.  All rights reserved.  You are welcome to repost this information so long as it is credited to Preparedness Pro & Kellene Bishop.

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