October 3, 1789,
George Washington
By the President of the United States of America, a Proclamation.
Whereas it is the duty of all Nations to acknowledge the providence of Almighty God, to obey his will, to be grateful for his benefits, and humbly to implore his protection and favor-- and whereas both Houses of Congress have by their joint Committee requested me to recommend to the People of the United States a day of public thanksgiving and prayer to be observed by acknowledging with grateful hearts the many signal favors of Almighty God especially by affording them an opportunity peaceably to establish a form of government for their safety and happiness.
Now therefore I do recommend and assign Thursday the 26th day of November next to be devoted by the People of these States to the service of that great and glorious Being, who is the beneficent Author of all the good that was, that is, or that will be. That we may then all unite in rendering unto him our sincere and humble thanks--for his kind care and protection of the People of this Country previous to their becoming a Nation--for the signal and manifold mercies, and the favorable interpositions of his Providence which we experienced in the course and conclusion of the late war--for the great degree of tranquility, union, and plenty, which we have since enjoyed--for the peaceable and rational manner, in which we have been enabled to establish constitutions of government for our safety and happiness, and particularly the national One now lately instituted--for the civil and religious liberty with which we are blessed; and the means we have of acquiring and diffusing useful knowledge; and in general for all the great and various favors which he hath been pleased to confer upon us.
And also that we may then unite in most humbly offering our prayers and supplications to the great Lord and Ruler of Nations and beseech him to pardon our national and other transgressions--to enable us all, whether in public or private stations, to perform our several and relative duties properly and punctually--to render our national government a blessing to all the people, by constantly being a Government of wise, just, and constitutional laws, discreetly and faithfully executed and obeyed--to protect and guide all Sovereigns and Nations (especially such as have shewn kindness unto us) and to bless them with good government, peace, and concord--To promote the knowledge and practice of true religion and virtue, and the encrease of science among them and us--and generally to grant unto all Mankind such a degree of temporal prosperity as he alone knows to be best.
Given under my hand at the City of New York the third day of October in the year of our Lord 1789.
George Washington
George Washington's October 3, 1789, Thanksgiving Day Proclamation, 10/03/1789
Old Military and Civil Records LICON, Textual Archives Services Division (NWCTB), National Archives
ARC Identifier: 299956
Wednesday, November 21, 2007
Friday, October 26, 2007
10/26 The Downward Trend Is Unstoppable by J. R. Nyquist
A must read, check it out at ; Financial Sense Uncommon News and Views for the Wise Invester. financialsense.com
Saturday, October 20, 2007
John Galt 10-20-07
10.20.07What is the meaning of today’s markets and geopolitical events?Posted in Old Posts at 1:04 am by Administrator
I’m going to leave this rant short and sweet as it’s been a long three week period for moi and wow, what a nightmare. The economy in Florida is basically in total collapse. Not only do I sell now, but I get to make collection calls and they are increasing in number and dollar amount. When you start seeing the subcontractors bugging out, that’s a sign we are heading into Phase 2 of our typical Florida housing crash. That means we have 24-36 months to go. So what did the events of the markets today, and this week for that matter, plus the geopolitical storm mean?
First, the stock markets are lagging indicators right now. The refusal to put the garbage on their books out for everyone to see and let the markets decide means that the game of hide and seek must continue. The execs have to keep the illusion up through Thanksgiving to get their Christmas bonuses, but I don’t see it happening. There is a very good chance that next week, we could witness a major negative market event. I fear that the total collapse of the ABX and other commercial paper markets will cause another freeze up in the exchanges and will destroy the international credit system with us shipping the garbage out and the rest of the world repatriating dollars back in exchange. Now they are not participating and this weeks TIC report indicates to me that without the hedgies (Pirates of the Caribbean) and the U.K. (who has to participate because their banking system is married to ours) we would have witnessed a massive monetization of our debt. Instead, we are witnessing a back door acquisition by the Fed, using their laundry facilities in the Caymans. A lot will depend on the idiocy to be uttered at the end of the G7 meetings and if they call for a new currency structure (my guess) is uttered, then Sunday night could be an Asian tsunami of dollar liquidation. Keep in mind that when I say dollar liquidation, I’m not just talking the currency folks; I mean ALL dollar denominated assets including our equities and treasury garbage. The number to watch is 76.85 on the USD Index and 1485 on the S&P 500 cash index. If we violate those with volume on Monday, then we could see a rather dark day, that day. There is no chance the ChiComs or Fed can bail this puppy out and there may not be a desire to and instead scare everyone by painting the swan.
Next, the wild cards of Israel, Turkey, Russia, China and Pakistan will play prominently. We are well within our window of concern about moves being made against us or our allies. Any violence or change in dramatic strategic positions by the big boys, then not only could we see our financial markets touched off, we could see a play by our enemies inside the U.S. and overseas.
Pay attention, alert and prepared. Please.
I’m going to leave this rant short and sweet as it’s been a long three week period for moi and wow, what a nightmare. The economy in Florida is basically in total collapse. Not only do I sell now, but I get to make collection calls and they are increasing in number and dollar amount. When you start seeing the subcontractors bugging out, that’s a sign we are heading into Phase 2 of our typical Florida housing crash. That means we have 24-36 months to go. So what did the events of the markets today, and this week for that matter, plus the geopolitical storm mean?
First, the stock markets are lagging indicators right now. The refusal to put the garbage on their books out for everyone to see and let the markets decide means that the game of hide and seek must continue. The execs have to keep the illusion up through Thanksgiving to get their Christmas bonuses, but I don’t see it happening. There is a very good chance that next week, we could witness a major negative market event. I fear that the total collapse of the ABX and other commercial paper markets will cause another freeze up in the exchanges and will destroy the international credit system with us shipping the garbage out and the rest of the world repatriating dollars back in exchange. Now they are not participating and this weeks TIC report indicates to me that without the hedgies (Pirates of the Caribbean) and the U.K. (who has to participate because their banking system is married to ours) we would have witnessed a massive monetization of our debt. Instead, we are witnessing a back door acquisition by the Fed, using their laundry facilities in the Caymans. A lot will depend on the idiocy to be uttered at the end of the G7 meetings and if they call for a new currency structure (my guess) is uttered, then Sunday night could be an Asian tsunami of dollar liquidation. Keep in mind that when I say dollar liquidation, I’m not just talking the currency folks; I mean ALL dollar denominated assets including our equities and treasury garbage. The number to watch is 76.85 on the USD Index and 1485 on the S&P 500 cash index. If we violate those with volume on Monday, then we could see a rather dark day, that day. There is no chance the ChiComs or Fed can bail this puppy out and there may not be a desire to and instead scare everyone by painting the swan.
Next, the wild cards of Israel, Turkey, Russia, China and Pakistan will play prominently. We are well within our window of concern about moves being made against us or our allies. Any violence or change in dramatic strategic positions by the big boys, then not only could we see our financial markets touched off, we could see a play by our enemies inside the U.S. and overseas.
Pay attention, alert and prepared. Please.
Sunday, August 26, 2007
Generally Speaking 8-26-07
The doomsayers are out in greater numbers than ever...and from every area in the news.
The troop surge is working in Iraq BUT the political side is failing so it doesn't matter, they say. They said just the opposite when the military side wasn't doing so well but the political side was running smoothly.
The sky is falling on the stock market they say. The market shot up over a thousand points in what, a little over a month? Has it ever rocketed up and not "corrected" soon afterward in a big way?
The housing market is crashing due to abhorrent misuse of the sub prime mortgage lenders. This one they are correct about except that the boom was created by the same factor.
Have you noticed how all broadcast news love a disaster...be it financial, a hurricane, flooding , fire, murder (big or small) and lately mine cave ins. Did you know if we reported on mine deaths (cave in or accident) in China it would be daily news and in greater numbers than we have seen in the past few years. It is far safer to be a policeman or a stunt man in China than a coal miner. Oh, and our biggest trading partner still uses slave labor in many industries...the government rents them out...just like the Nazis. Of course, with Americas materialism if the Nazis were still around, and had the lowest prices, we'd buy from them. If you doubt any of this wander around just about any store and find something made in the U.S.A. It's getting pretty scary. My political science teacher in high school said we would know when the U.S. was failing if we were importing most of our food. Are we there yet?
The troop surge is working in Iraq BUT the political side is failing so it doesn't matter, they say. They said just the opposite when the military side wasn't doing so well but the political side was running smoothly.
The sky is falling on the stock market they say. The market shot up over a thousand points in what, a little over a month? Has it ever rocketed up and not "corrected" soon afterward in a big way?
The housing market is crashing due to abhorrent misuse of the sub prime mortgage lenders. This one they are correct about except that the boom was created by the same factor.
Have you noticed how all broadcast news love a disaster...be it financial, a hurricane, flooding , fire, murder (big or small) and lately mine cave ins. Did you know if we reported on mine deaths (cave in or accident) in China it would be daily news and in greater numbers than we have seen in the past few years. It is far safer to be a policeman or a stunt man in China than a coal miner. Oh, and our biggest trading partner still uses slave labor in many industries...the government rents them out...just like the Nazis. Of course, with Americas materialism if the Nazis were still around, and had the lowest prices, we'd buy from them. If you doubt any of this wander around just about any store and find something made in the U.S.A. It's getting pretty scary. My political science teacher in high school said we would know when the U.S. was failing if we were importing most of our food. Are we there yet?
Saturday, August 25, 2007
The Battle Rages as the Chickens Come Home to Roost By: Tim W. Wood
Market wrap up for Friday August 24
http://www.financialsense.com/index.html
http://www.financialsense.com/index.html
Saturday, August 18, 2007
Syria Has Weapons of Mass Destruction Stockpiles
August 17, 2007
The Trumpet
Syria now has chemical and biological weapons than can strike Tel Aviv and other major Israeli cities, a recent Israeli intelligence report said. However, Defense Minister Ehud Barak has banned the distribution of gas masks in Israel for fear of upsetting the fragile peace with Syria, Israel Insider reports.
Photo: Israeli Defense Minister Ehud Barak won't distribute gas masks in fear of antagonizing Syria to use its weapons. (Jack Guez /AFP/ Getty Images)
Barak said that the distribution of gas masks might give the impression that Israel was preparing for war with Syria and escalate the tense situation between the two countries. Syria attacked Israel in the 1948, 1967 and 1973 wars, and is a sponsor of terrorism.
The move was heavily criticized by many Israeli government officials, and for good reason. Yuval Steinitz, head of Homefront Preparedness in Israel’s Knesset, argued that it is the Defense Minister’s duty to protect civilians from a possible chemical or biological attack and said failure to do so was an egregious error.
Syria has been stockpiling missiles and launchers in and around the Golan Heights area for months, and is reportedly using Iranian money to purchase sophisticated military equipment from Russia and North Korea. “Military sources said intelligence shows Syria was nearing the end of an accelerated deployment of a large rocket arsenal of Katyusha and Scud missiles, including Scud D and other improved missiles supplied by Iran, that can deliver 500-kilogram payloads to Tel Aviv …” the Jerusalem Post said. Many of these missiles can be outfitted with chemical or biological warheads.
The tension between the two sides is so high that some believe even the distribution of gas masks to civilians could push the region over the edge and into war. Still, Israel’s gamble with its citizens’ lives for the sake of showing Damascus it has no intention of attacking could be reasonably interpreted by its enemies as a sign of weakness—and an opportunity. Israel is in an extraordinarily difficult position.
http://www.thetrumpet.com/index.php?page=article&id=3583
The Trumpet
Syria now has chemical and biological weapons than can strike Tel Aviv and other major Israeli cities, a recent Israeli intelligence report said. However, Defense Minister Ehud Barak has banned the distribution of gas masks in Israel for fear of upsetting the fragile peace with Syria, Israel Insider reports.
Photo: Israeli Defense Minister Ehud Barak won't distribute gas masks in fear of antagonizing Syria to use its weapons. (Jack Guez /AFP/ Getty Images)
Barak said that the distribution of gas masks might give the impression that Israel was preparing for war with Syria and escalate the tense situation between the two countries. Syria attacked Israel in the 1948, 1967 and 1973 wars, and is a sponsor of terrorism.
The move was heavily criticized by many Israeli government officials, and for good reason. Yuval Steinitz, head of Homefront Preparedness in Israel’s Knesset, argued that it is the Defense Minister’s duty to protect civilians from a possible chemical or biological attack and said failure to do so was an egregious error.
Syria has been stockpiling missiles and launchers in and around the Golan Heights area for months, and is reportedly using Iranian money to purchase sophisticated military equipment from Russia and North Korea. “Military sources said intelligence shows Syria was nearing the end of an accelerated deployment of a large rocket arsenal of Katyusha and Scud missiles, including Scud D and other improved missiles supplied by Iran, that can deliver 500-kilogram payloads to Tel Aviv …” the Jerusalem Post said. Many of these missiles can be outfitted with chemical or biological warheads.
The tension between the two sides is so high that some believe even the distribution of gas masks to civilians could push the region over the edge and into war. Still, Israel’s gamble with its citizens’ lives for the sake of showing Damascus it has no intention of attacking could be reasonably interpreted by its enemies as a sign of weakness—and an opportunity. Israel is in an extraordinarily difficult position.
http://www.thetrumpet.com/index.php?page=article&id=3583
Friday, August 17, 2007
Generally Speaking
In my opinion the citizens of our country have lost their minds, their memory and their moral direction, not necessarily in that order. Actually, I guess any order will do. You cannot lose any of these three 'M's without adversely effecting the others. And it's not enough just to lose them, we as a Nation have chosen to deny them, to deny that Judeo-Christian moral law had anything to do with our strength and success over these last few centuries. Certainly to deny that it is the foundation upon which we built our country.
With the loss of a moral foundation (abortion on demand, legalized sexual deviants, removing God from our schools) we are now floundering in a sea of uncertainty simply because we are told there is NO ABSOLUTE truths. All truth is subject to the variables of time, place and individual interpretation and therefore there can be no absolute truth. Ever. The scary thing is, if you apply their interruptive truth theory to history then maybe the Nazi's weren’t so wrong and maybe the murder and mayhem that was the dark ages wasn't so hideous. The diversity chant that rocks across our country has destroyed a number of Empires through history. Maybe it's just our turn.
Have you seen the new dollar coin? Try to find "In God we trust" on it.
J.B. Thompson
With the loss of a moral foundation (abortion on demand, legalized sexual deviants, removing God from our schools) we are now floundering in a sea of uncertainty simply because we are told there is NO ABSOLUTE truths. All truth is subject to the variables of time, place and individual interpretation and therefore there can be no absolute truth. Ever. The scary thing is, if you apply their interruptive truth theory to history then maybe the Nazi's weren’t so wrong and maybe the murder and mayhem that was the dark ages wasn't so hideous. The diversity chant that rocks across our country has destroyed a number of Empires through history. Maybe it's just our turn.
Have you seen the new dollar coin? Try to find "In God we trust" on it.
J.B. Thompson
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