What if there was a financial system that would eliminate the need for the federal government to go into debt, that would eliminate the need for the Federal Reserve, that would end the practice of fractional reserve banking and that would dethrone the big banks? Would you be in favor of such a system? A surprising new IMF research paper entitled "The Chicago Plan Revisited" by Jaromir Benes and Michael Kumhof is making waves in economic circles all over the globe. The paper suggests that the world would be much better off if we adopted a system where the banks did not create our money. So instead of a system where more money is only created when more debt is created, we would have a system of debt-free money that is created directly by national governments. There have been others that have suggested such a system before, but to have an IMF research paper actually recommend that such a system be adopted is a very big deal. At the moment, the world is experiencing the biggest debt crisis in human history, and this proposal is being described as a "radical solution" that could potentially remedy some of our largest financial problems. Unfortunately, apologists for the current system are already viciously attacking this new IMF paper, and of course the big banks would throw a major fit if such a system was ever to be seriously contemplated. That is why it is imperative that we educate people about how money really works. Our current system is in the process of collapsing and we desperately need to transition to a new one. [ECB]
Tropical Storm Sandy will soon form in the Caribbean, and scenarios for its final destination range from bypassing the East Coast to creating a nightmare for millions of people.
Tropical Depression 18 formed in the central Caribbean at midday Monday and should strengthen into Tropical Storm Sandy by Tuesday. The AccuWeather.com Hurricane Center is confident the future tropical storm will then head northward through Thursday, spreading life-threatening flooding rain across Jamaica, Hispaniola, eastern Cuba and the Bahamas. [accuweather]
An Italian court convicted seven scientists and experts of manslaughter on Monday for failing to adequately warn citizens before an earthquake struck central Italy in 2009, killing more than 300 people. The court in L'Aquila also sentenced the defendants to six years in prison.
Scientists worldwide had decried the trial as ridiculous, contending that science has no reliable way of predicting earthquakes.In Italy, convictions aren't definitive until after at least one level of appeals, so it is unlikely any of the defendants would face jail immediately. [FOXDC]
I have been asked a few times now via e-mail what my favorite survival movies are, so here is a list off the top of my head. I've seen them all, some more than once - and I think they all qualify. If I forget one that you think belongs in there, go ahead and give me a peice of your mind! These arent in any particular order - and are just the opinion of me, myself and I.
For your consideration ; If you are shopping Amazon use THIS LINK or any of the links located on the site. If you follow an amazon link from this site and end up purchasing anything (ANYTHING) Each item purchased generates roughly 4-7% of the cost. In essence, you contribute without doing anything other than shopping amazon. So no matter what you are planning to buy ; if you want to get something from amazon - use Armageddon Online as a link point. I appreciate it!
If you believe in that sort of thing, humanity can expect a mere two months left of existence before the Mayan apocalypse hits Dec. 21st, 2012.
Sunday starts the two-month countdown toward doomsday, according to an interpretation of the Mayan calendar that has taken hold in some New Age and spiritualist communities online.
Two ancient texts confirm the end date of the Mayan Long Count calendar on the winter solstice of this year, which is Dec. 21, 2012. That day is the last day of the 13th bak'tun, or 144,000-day cycle, of the calendar. Ancient Maya would have seen the end of the 13th bak'tun as the end of a full cycle of creation.
Farmers drilling ever deeper wells over decades to water their crops likely contributed to a deadly earthquake in southern Spain last year, a new study suggests. The findings may add to concerns about the effects of new energy extraction and waste disposal technologies.
Nine people died and nearly 300 were injured when an unusually shallow magnitude-5.1 quake hit the town of Lorca on May 11, 2011. It was the country's worst quake in more than 50 years, causing millions of euros in damage to a region with an already fragile economy. [MSNBC]
I prepare for economic collapse. We all have our own reasons but mine is the state of our country's finances. Watching other country's and the sitatuons that are happening there are of concern to me. Spain, Portugal, France, Russia.
Every time I go to the store, I see the prices of thing going higher, my bills going higher, my heathcare cost going higher and my paycheck is in no way going up as fast. I am not the only one. The price of many things have doubled in a years time. They are NOT going down! This is why an investment in your kitchen cabinet may make you more money than putting it in the bank. [UPC]
The rate of violent crime in the Motor City fell 10% last year to 2,137 per 100,000 residents. That’s still more than five times the national average and more than enough to top our list for the fourth year in a row.
I’ve been receiving email and messages lately regarding the issue of kids and how an economic crisis can affect them. This would also apply to other long term SHTF events where daily life is disrupted and changes for the worse.
I am drawing here from my own personal experience in Argentina during and after the crisis and also what was happening to others at that time. Besides that, I have gathered information over the years regarding what happened in other places during other long term disasters. Using that information I can boil it down to three main problems that specifically affect a child and you should prepare to deal with them. [TMS]
A giant wave of super-hot solar plasma larger than the Earth erupted from the sun on Friday in a spectacular display captured by a NASA spacecraft.
The huge solar prominence occurred at 4:15 a.m. EDT (0815 GMT) and was recorded in amazing detail by the high-definition cameras aboard NASA's Solar Dynamics Observatory before escaping the sun.
"Once it started breaking away, the process only took 10 hours before it was out of sight," NASA media specialist Steele Hill explained in a photo description. "The prominence stretched out many times the size of Earth."
Do you remember “the good old days”? It’s a simple question, but a question that induces different images to different people. I have found myself spending a lot of time lately thinking of the way things used to be and hoping that someday our country can somehow get back to those days again. Looking at our current state of affairs in this nation and around the world, there is only one conclusion that can be made…the good old days are over. [SHTFPLAN]
Since Tony Blair’s New Labour government came to power in 1997, the UK civil liberties landscape has changed dramatically. ASBOs were introduced by Section 1 of the Crime and Disorder Act 1998 and first used in 1999. The right to remain silent is no longer universal. Our right to privacy, free from interception of communications has been severely curtailed. The ability to travel without surveillance (or those details of our journeys being retained) has disappeared.
Indeed, as Henry Porter (the Observer journalist famous for his recent email clash with Tony Blair over the paring down of civil liberties) reveals in this unsettling film, our movements are being watched, and recorded, more than ever before.
A woman concerned that the Large Hadron Collider (LHC) will create black holes and destroy the Earth lost a court appeal to shut the atom smasher down on Tuesday.
According to Phys Org, a higher administrative court in Muenster, Germany, rejected the German citizen's claims that the LHC, as it is known, will destroy the planet. The woman's attempts have also been rejected by a court in Switzerland.
"In view of the CERN safety reports for the years 2003 and 2008, a hazard of the proton accelerator LHC according to the state of science is impossible," writes the Justice Ministry of north Rine-Westphalia, translated from German by Google. (The LHC is located at the European Center for Nuclear Research, or CERN.)
Physical strength, endurance, flexibility, adaptability, and mental discipline are all attributes of a true survivor. Unfortunately, they are also attributes that are often neglected by the average survivalist. The popular assumption is that if you have sizable food storage and can shoot straight, you are ready to rock-and-roll. Reality has some harsh lessons for those with this mindset. The first and most important weapon in any prepper’s arsenal is his own body; strong, healthy, and well taken care of. If a person’s body is left to decay, no amount of gear is going to save them in the middle of a crisis situation… [SHTFPLAN]
The dramatic switch from drought and hosepipe bans in England this spring to the wettest April to June ever and widespread flooding was of a magnitude never seen before, water experts said on Thursday.
While water supplies have made "dramatic" recoveries from droughts before, such as in 1975-76, "sustained recoveries of this magnitude during the late spring and summer have not been seen before," said Terry Marsh, from the Centre for Ecology & Hydrology (CEH).
Earlier this month, the CEH said that following the wet summer, groundwater levels were above and "well above" the average for early autumn. [guardian]
Families from Los Angeles to New York will dive for cover at 10.18am in each timezone as they rehearse what to do in the event of a major earthquake. Local radio stations will simulate news announcers warning that a 7.8 magnitude earthquake is about to strike, while ominous rumblings will play in the background.
The en masse rehearsal is being coordinated by Shakeout, a Californian group set up to encourage awareness among people living on the San Andreas fault, a tectonic fault line that runs along the West Coast. [tele]
The moon may be a chip off the old block after all.
The most commonly invoked explanation for lunar formation holds that a giant protoplanet, sometimes called Theia, struck the newly formed Earth 4.5 billion years ago and created a cloud of debris that quickly coalesced into the moon. But that hypothesis has suffered from a nagging flaw. Simulations of moon-forming collisions have shown Theia would have been the primary donor of lunar material. But analyses of Apollo moon rocks have shown that the moon seems in many ways a chemical clone of Earth, not Theia. [SA]
Freeze-dried foods have 98% of their water removed. This reduces the food’s weight by about 90%. Dehydrated foods have 95% of their water removed for vegetables and 80% for fruits.
Freeze dried foods retain their original color, form, size, taste and texture. Dehydrated foods will shrivel in size as the moisture is removed. How is freeze-dried food different from dehydrating? [msb]
or any of the links located on the site. If you follow an amazon link from this site and end up purchasing anything (ANYTHING) Each item purchased generates roughly 4-7% of the cost. In essence, you contribute without doing anything other than shopping amazon. So no matter what you are planning to buy ; if you want to get something from amazon - use Armageddon Online as a link point. I appreciate it! 
