PrepareToday!

I listen to this guy quite often. He speaks the truth and is easy to listen to. No hype. No smoke-blowing. I like the way he explains this topic in a no- nonsense, easy-to-get manner. I thought you might appreciate it, too. I've added my two cents in red brackets. Enjoy!

Every blessing,

Michael Tummillo

Over the fiscal Cliff 

by Paul A. Drockton, M.A.

The American Pie doesn't go as far as it used to. First, what is the fiscal cliff?

"Federal Reserve Chairman Ben Bernanke and a number of observers have used the term “fiscal cliff” to describe several big fiscal events set to occur in the U.S. at the end of this year and in early 2013. Among them:

•     The expiration of the Bush-era tax cuts at the end of 2012, including current lower tax rates

            on capital gains, dividends, income, and estates, as well as number of other measures.

•     The expiration of fiscal stimulus measures, such as the payroll tax cut and extended

             unemployment benefits.

•     Spending cuts scheduled to be triggered automatically in January 2013 as a result of the

            failure of the deficit reduction super committee last year." (Source)

Of course, neither Wall Street, nor the Banksters care to make any of the necessary sacrifices. Congress, the lap-dog of the Global Elite, will continue to ignore the Federal Reserve multi-trillion dollar giveaways and bow tgo the Globalist impoverishment agenda for the American Middle Class.  Republics don't start wars of aggression, but empires do.

While they continue to watch honest American citizens for any evidence of coming to their senses, expect them to continue to dilute our influence through refusing to enforce immigration laws. I digress. Here are the possible scenarios according to scenarios:

Scenario 1: Punt

A likely scenario is that Congress and the president agree to punt the issue into 2013. If this occurs, the tax cuts will not expire, tax increases won’t take effect, and the spending cuts will be delayed until after the presidential inauguration and new Congress arrives in 2013.

Scenario 2: Modest Compromise

Congress and the White House reach compromises on some tax and spending provisions, with the election having a significant impact on what those compromises might be.

Scenario 3: Over the Cliff

A less-likely scenario, I think, is that Congress and the White House fail to reach any compromise whatsoever and are unable even to agree on how to delay the looming measures. The economy goes over the cliff.

Scenario 4: Grand Bargain

In my view, the chance of a grand bargain taking place after the election and before the end of the year is a long shot. In this scenario, Congress and the White House would reach a deal addressing tax, spending, and fiscal issues for the medium to long term." (Ibid)

My Predictions:

Expect Congress and the POTUS to agree to somehow screwing over the average American with the 3.5% investment tax, not discussed by the above author, but guaranteed to go into effect as a Medicare Tax.

1. Also Expect Congress to throw out the spending cap completely, in preparation for the massive windfall to be paid out to the Super-Elite through their 1,500,000,000,000,000 government insured bets against the economy.

2. Expect paper dollars to disappear and be replaced by coins. [In the news in recent days!] The same will happen with 5 and ten dollar bills in preparation for hyper-inflation. Its a little mind-game the Banksters play to get people to under-react to a hyper-inflated currency. One dollar will be worth a penny, five dollars a nickel and $100 bills will be the new one dollar bill in real spending power. I saw them do this when I was in Uruguay during hyperinflation.

3. Commodities will explode. Banks will have to lay-off shorting the COMEX or they will create a massive supply shortage on foodstuffs. Farmers will sell locally rather than give away their crops on an underfunded commodities contract. [That's why I recommend a Grain-backed IRA through Fulton Sheen.]

4. Precious Metals will explode. For the same reasons as above. [That's why I recommend Karatbars, a gold-backed IRA through Fulton Sheen and Junk Silver].

5. Massive Real-Estate Depreciation, with a flood of foreclosures dumped on the market from banks with capitalization issues.

6. Stock Market collapse from insider trading and shorts against the Indexes and individual companies.

7. Bond Market Collapse through hyperinflation. Existing debt will be inflated into junk or worse.

8. Critical shortages on food, fuel and other life necessities. Again, I saw this first-hand in Uruguay when the MIddle Class was reduced to rubble. [Again, this is why I've been recommending GOFoods and my Filtrator! Emergency Water Filtration units.]

9. Protests, Strikes and Civil Unrest, from all of the above. [Keep your powder dry, friends.]

I think 2013 will begin the final chapter in the economic decline of these United States. Bled to death by the Pirates at the top and the idlers on the bottom. Now is a good time to give food, guns, ammunition, winter clothing, gold or silver as Christmas Presents to your loved ones. They will thank you later and you might even save a life or two.

[Are YOU ready for anything at all? If you need help, write miketummillo@me.com. I'm no expert at anything but my own relationship with Jesus, but I'll do what I can.]