Are Current Debt Woes a Death Knell?

Today, David Stockman's latest essay is titled:

"Peak Debt - Why The Keynesian Money Printers Are Done"

http://davidstockmanscontracorner.com/peak-debt-why-the-keynsian-money-printers-are-done/

Deep into his essay Stockman writes:

"Self evidently, all the major economies are saturated with debt."

I would point out that Western civilization is rooted in the Roman universal church established by the Emperor Constantine. The universal church he created became a repository of Roman values and ambitions. When Rome collapsed, the church carried the seeds of ancient Rome for centuries until they could again flourish.

Usury was always suppressed by the Roman church - though allowed to be practiced by non Christians within its empire. More than three dozen times the usury licensees would eventually be seized by the Roman church after substantial amounts of property had been accumulated by the usury lenders through foreclosure. The church would take over the properties for itself. The non-Christian usury agents would be allowed to retain seed funds and sent on to a new location to do it again. This happened over and over.

About 500 years ago bans on usury for both Christian and non-Christian lenders were relaxed...and interest rates far above the imposed limit of 4 percent have been the rule of the day ever since. Usury has been a free for all ...to be enjoyed by the most rugged and ruthless and alert.

Fractional banking and fiat money - boosted by the tremendous energy expansion from exploitation of petroleum and natural gas - have resulted in an explosive expansion of the economy, far above the traditional rural agricultural foundation supporting a few cultural and economic centers.

But to work usury lending rates demand an ever increasing pool of borrowers plus inflation so that borrowers have a sort of chance to keep up.

This incredible economic and population expansion the past few centuries has caused considerable environmental damage and for a number of additional reasons that include economic and moral decline, the Western birth rate is now collapsing. (The environmental damage is accelerating as India and China adapt Western consumerism and resource development. Carbon emissions are just one of the signs, and by the way, the global climate is still driven more by the sun, orbital angles and cosmic dust and volcanic eruptions. Carbon emissions should be viewed as environmental damage.)

Those living under Sharia law, while not enjoying the illusory wealth of the West, have a still very high birth rate. The Average Muslim woman has six children. Western banks and facilitators have opened the floodgates to foreigners far and wide to come in and provide labor and a base for usury lending... Visit U S cities and you will see those living under Sharia law elsewhere - along with the oppressed indigenous underclass of Mexico - are crowding out locals for subsidized housing and related welfare supplements. It is unknown by me how much they are adding to the commercial lending base.

Stockman is describing what appears to be the beginning death spasms of the West...and its 500 year old Western usury lending culture will likely collapse and be absorbed by the Sharia culture, now 1,400 years old and still explosively growing. Population flow charts should be reflecting this in coming years.

There has been no attempt to contain Sharia culture and force it to deal with its own expansionist population policy...instead, it is being allowed to spill into the West... and the rest of the emerging story will eventually become history.

There is no leadership emerging to save the West with common sense ideas. Pat Buchanan and Ron Paul have been ignored...and suppressed as marginal.

Utah UFO's of long ago.....

At Saturday’s Mufon meeting in Minnesota I was bored and almost napping from the droning monotone voice of Linda Moulton Howe, producer of the film Alien Harvest.  But after an hour I snapped awake as she suddenly got into her probe of  a Palo Alto lab involved in totalitarian secretive black op research into interstellar propulsion and other related subjects.

She also touched on the  more recent conclusions that the mysterious Bentwater Rendlesham Forest UFO sightings in England the day after Christmas 1980 were time travelers from the future gathering DNA from humans to repair something that has gone terribly wrong in the future. But that topic was covered in a book review a month or so earlier.

Anyway, the meeting brought to mind three UFO sightings I had in Utah back in the ‘60s and ‘70s..

1)  Zanna was washing dishes at the sink at our home in Sandy in the 1970s (same hometown for the mythical Big Love family). I stepped out on the deck which overlooked I think it was called Dry Creek Canyon which bordered our backyard.  Looking to the east above Big Cottonwood Canyon, I saw a white cloud.  Five or six small white lights flew into that cloud from the north and did not emerge from the other side.  After a few minutes some more small white lights did fly out of the cloud, heading south.  The cloud appeared to be cloaking a possible mother craft.  The cloud remained stationary at that spot for some time..

2)  Twice while out chasing stories for the Salt Lake Tribune when I was night police reporter in the late ‘60s, I saw a large white glowing light descending from the east at about a 45 degree angle and disappear behind the foothills just north of the cities.  In those days there were no homes on that hillside and I hiked them often, walking along ancient game trails and Indian paths.  The first time I was out of my car and saw the hill back

lit by the intense large glob of light when it got behind it.  The other time I was in my car driving on 5th South toward University Hospital and only saw the light descending.  One night a young kid called me when I was at the Tribune after midnight and we chatted and he said he had seen the same kind of lights also.

Just to the west of this area is Mueller Park in the Bountiful area. One Sunday my brother and I drove there and because a large LDS picnic was underway, we walked over to where a low chain or rope blocked access to a footpath leading from the park and alongside the mountain overlooking the Salt Lake Valley.  A sign said no trespassing. Not being Mormon and being counterculture we stepped over the barrier and walked along the path.  After several minutes we stopped. We could clearly hear machinery in the ground underneath us.  There are storage vaults in the granite mountains just east of Salt Lake City, but I believe the mountain we were on is an alluvial deposit, unless there is a more solid rock reef under the looser covering.

3) One night I drove my father to a store just off 13th East at Sugarhouse Park, a mostly commercial area just south of 21st South.  While he was inside buying cigarettes, the top of my Fiat Spyder was down and settled back to enjoy the warm summer evening.  I was surprised to see a large  black object with no lights flying over 13th East just to the east of me.   Though it had no lights, you could see a shape passing almost overhead because of the bright lights in the large parking lot.   It was traveling maybe 40 to 60 miles an hour and was completely silent.  I thought it was a plane going down.  When my father returned I am sure he thought I was crazy as I drove off and turned north onto 13th and sped along looking for a plane crash.   I remember the dark object and it was about 100 to 200 feet above the road. But I cannot say if it was triangular shaped or oval.  This would have been in the late 1960s or early 1970s.

Liberals Have a Split Personality On Global Warming

While humans weren't around in big numbers to trigger the Big Melt Off that destroyed the miles thick ice cap over North America  20,000 years ago, liberals are blaming the surging human population for a perceived but debatable global warming episode now underway.

 A man gave a talk on over population and global warming just the other day before a Critical Thinkers Club in St. Paul, MN.

 I clearly recall two generations of American women being told to have only two children because resources are finite and have to be conserved.  The women overall complied and the birth rate fell to about replacement level.

 So why are liberals working so hard to bring people from high birth rate countries into the United States...where their surging numbers are using the natural resources that we were supposed to conserve for future generations?

 The numbers are in.  Mexican women have a higher birth rate in the U S than back in their native Mexico which reportedly has the highest per capital number of millionaires in the world, and those millionaires refuse to tax themselves and provide opportunity to their Indian blooded citizens.  Instead, they deport them northward for U S liberals to take care of.

 Muslim women who are married each give birth to  six children on average. Again, they are being welcomed warmly into the U S. In the Twin Cities area they are filling apartment complexes set aside for affordable housing for American Americans originally.

 Environmentalist Frosty Woolridge of Colorado has been shouting about the harm being done to the U S environment and natural resources by the swarming numbers of illegal immigrants.  And yet even tree hugging liberals - showing their inconsistent mindset - turn a deaf ear to Frosty.

 I  don't count liberals as friends of the U S environmental resources. And by moving high birth rate migrants into northern latitudes, to support their higher birth rates, they are obviously contributing to warming the environment - by their own logic. 

In his book The Hidden West, Rob Schultheis wrote how the big octopus Los Angeles reached out and sucked the water out of lakes and rivers and wetlands up to a thousand miles away in the Great Basin.  

 Now that the Southwest is again gripped in a predictable drought, that huge sprawling urban area - made much more populated by the immigrants the liberals recruited - the city has no where to turn but the ocean.  And the current drought is now having a much more serious impact because millions of illegal immigrants were unleashed upon the Southwest landscape.

Humans are locusts.  We can and do destroy our landscape.   So why do liberals want more and more locusts?

Why don't the liberals  move to the Mideast...to Central America...to all the places where the birth rate is surging out of control.   And take their message to what is the very source of global warming.

 Bring  this up to most liberals and watch them go emotional.  Not logical. 

Thus their split personality.

 Personally, I think the sun and other factors control temperatures more than people do, except in urban areas where development does raise temperatures.  But without a doubt our surging population is having serious environmental impacts.