Thursday, December 30, 2010


Check out my speech in South Carolina in November here:

I was honored to be asked to speak at the 150th anniversary of the active beginning of the secession movement in the South. The first secession gathering took place on Secession Hill in Abbeville, SC, on 22 November 1860. Less than a month later--on 20 December 1860--the sovereign State of South Carolina left the union.

Wednesday, December 1, 2010


The criminals in charge of the DC empire are getting bolder with each passing day. They don't seem afraid these days to admit to bailing out foreign banks with our money or threatening our ability to feed ourselves from our own home gardens. Indeed, these self-appointed "Masters of the Universe" are determined to press ahead with their agenda of tyranny in spite of what we think about it. And in January, they plan to raise taxes on us.

Among the common people there is a quiet, yet stirring, desperation. The elites would be wise to pay heed to it. If properly harnessed and led, it could be a very destructive force. And I'm talking about positive destruction. Namely, I speak of the destruction of the current system that supports the organized criminal enterprise commonly known as the US government (writ large to include the multitude of non-governmental hanger-oners).

There is a limit beyond which a people who have known some degree of freedom and prosperity cannot be pushed. I contend that that limit is about to be reached. Once events begin to unfold, I pray that the people will stick together and not be mislead by the lies of the official Propaganda Ministry (otherwise known as the Mainstream Media). The real criminals will brand the people as outlaws in hopes of raising public sentiment against them and in support of the regime. Let us not be fooled by their lies.

We must understand who the real enemy is. Otherwise, we will be set against each other and the tyrants will continue to sit over us. As a Southern nationalist, I hope my own people can awaken and led this fight for freedom on the North American continent.

It is time to get ready for the struggle . . . don't wait until tomorrow. In the meantime, live well . . . .

Wednesday, November 3, 2010


OK, the elections are over and the GOP is back in control of the House. Let's see how long it takes for them to get down to "business as usual." That means offering just enough opposition to leftism/socialism to fool the people into thinking that there is actually a dime's worth of difference between the two Establishment parties. We already have a hint of this in the new Speaker of the House's comment that he will seek to undo "some" of the provisions of Obama Care. Did you get that? "Some" of the provisions. What that says to me is this--socialist health care is OK; we're just quibbling over the details. This is vintage GOP--get used to it.

Live well . . .

Monday, October 18, 2010


America is being run by children masquerading as adults. Where are the adults, you might ask? Well, they seem to be smart enough to stay away from the mess that's presently dragging the US down to banana republic status. On second thought, we may wish we were a banana republic when all is said and done. It is that bad, folks.

The mortgage industry fraud; the continuing collapse of the dollar; the prospect of more bailouts via a second round of Quantitative Easing (known as QE2); the prospects of hyperinflation; continuing job losses; plummeting industrial production figures; massive trade deficits (especially with China); the thin and heavily-manipulated equity markets, etc. and etc.

In other words, it's too late to stop this runaway train from crashing. The die is cast. The adults are busy making plans to salvage what they can from the remains so that some semblance of order and civilization can survive. The children--from Obama to Bernanke to Geithner and most of Congress--are still playing make believe. Don't let them talk you into playing, too.

The regime is screwed and they (and we) know it. Time the adults bailed out.

Live well . . .

Friday, October 15, 2010

NOT GOOD . . .

The rise in the US stock market that we are now witnessing is the equivalent of hot gas being pumped into the Hindenburg before her most notable voyage. Think about it . . . and live well.

Wednesday, September 22, 2010


From Robert A. Heinlein's Stranger in a Strange Land:

"Anybody can see a pretty girl. An artist can look at a pretty girl and see the old woman she will become. A better artist can look at an old woman and see the pretty girl she used to be. A great artist can look at an old woman, portray her exactly as she is . . . and force the viewer to see the pretty girl she used to be . . . more than that, he can make anyone with the sensitivity of an armadillo see that this lovely young girl is still alive, prisoned inside her ruined body. He can make you feel the quiet, endless tragedy that there was never a girl born who ever grew older than eighteen in her heart . . . no matter what the merciless hours have done." (p. 303)

I was impressed, to say the least . . . Live well . . . .

Sunday, August 29, 2010


Fall is almost here, and with it comes the economically perilous months of September and October.

The noticeable changes such as cooler mornings, yellow butterflies, and "the light in August" (to use a Southern literary reference) make me want to wax eloquent and mix metaphors. So here goes:

It's time for Fed Chairman Ben Bernanke to stick his head up his own arse (hat tip to William Wallace) and wake up and smell the coffee (i.e there will be no recovery). If only such could be the result of the recent Jackson Hole summit of economic and financial big-wigs then we might have hope. Otherwise, we're skrooed.

The truth is not in these people.

Live well . . .

Tuesday, August 24, 2010


There is an entire generation of young Japanese who have never known prosperity. They proudly refer to themselves as "non-consumers."

I think it would behoove us as Americans of all ages to follow their lead. After all, who needs most of the junk and trinkets we buy at Wal-Mart and Target anyhow? Instead of rushing out to spend our dollars on new and useless "stuff," how about either doing without or buying used or local when we must? Let your dollars do your talking for you.

If you want to poke a stick in the Establishment's eye, this is the way to do it. Remember right after 11 September 2001 when George W. Bush, with a panicked look, begged us to keep on shopping to keep the economy afloat? He and his Insider buddies were truly in fear that their debt-based economy would grind to a halt. And there goes their power!

In an economic system based on monetizing debt, the worst thing that can happen is to get rid of debt. All parties--individuals, families, businesses, and governments--must keep spending more and more to keep the economy chugging along. This of course means acquiring more and more debt. But the Bible tells us that the debtor is slave to the lender. We ought to listen to God rather than man.

So, if we become "non-consumers," we make do with what we have. We buy used or local and avoid debt. This will not please the Establishment; however, it will be good for the rest of us in the long run. And by that I mean it might just rid us of the elite parasites among us who make their living off our sweat and ingenuity.

Consider it seriously. Get by on what you have. Find bargains. Be frugal. And live well . . .

Wednesday, August 18, 2010


Bond yields are tanking, personal bankruptcies are at an all-time high, deflation is a reality despite the Feds' futile attempts at inflating the money supply with QEII, and the poor, bedraggled US consumer still makes up 70% of GDP. Yet the powers-that-be still tell us all will be well.

How long will you believe it?

Live well . . .


The establishment elite--Obama, Geithner, Bernanke, etc.--tell us that we're in a summer recovery and the economy will be fine. They are liars. There is no summer recovery, and there will be no fall, winter, or spring recovery either. What there will be is Depression and perhaps revolution and several secession movements. If we are indeed blessed, DC will slide into the Potomac.

From what I'm beginning to see and hear, I would caution the elite leadership (and all who do their dirty work in the far-flung provinces) to sleep with one eye open and a finger on the trigger. The hoi-polloi is getting restless. When they get desperate, watch out . . .

Live well . . .

Thursday, August 12, 2010


We are told that America is a nation of immigrants. That's supposed to end any argument about open borders in favor of . . . open borders. After all, Emma Lazarus's poem--"The New Colossus"-- inscribed on the Statue of Liberty says it all:

"Keep, ancient lands, your storied pomp!" cries she
With silent lips. "Give me your tired, your poor,
Your huddled masses yearning to breathe free,
The wretched refuse of your teeming shore.
Send these, the homeless, tempest-tossed to me,
I lift my lamp beside the golden door!"

Lazarus's sentiments stemmed directly from her campaign to bring into the United States millions of Ashkenazy Jews from the Pale of Settlement in Russia to New York City. Because of the efforts of early "open borders" advocates such as Emma Lazarus, the Golden Door came unhinged between the end of the War Between the States and the 1920s when millions of immigrants from southern and eastern Europe flooded into what was previously a country dominated demographically by Western Europeans (mainly from the British Isles) and negro slaves and their descendants.

The immigration floodtide was temporarily halted by stringent legislation in the 1920s, especially the Johnson-Reed Act (1924) which included the National Origins Act. The latter provision restricted immigration totals to a limit of 2% of the people from a particular country based on the census figures from 1890. This was an effort to keep the demographic make-up of the US primarily northern and western European and Christian. US immigration policy remained fairly static until the revolutionary Immigration and Nationality Act of 1965. It was in relation to this act that young Massachusetts Senator Ted Kennedy said:

"First, our cities will not be flooded with a million immigrants annually. Under the proposed bill, the present level of immigration remains substantially the same.... Secondly, the ethnic mix of this country will not be upset.... Contrary to the charges in some quarters, [the bill] will not inundate America with immigrants from any one country or area, or the most populated and deprived nations of Africa and Asia.... In the final analysis, the ethnic pattern of immigration under the proposed measure is not expected to change as sharply as the critics seem to think.... It will not cause American workers to lose their jobs."

Not to put too fine a point on it, but the sorry son-of-a-bitch lied. The 1965 act began to change the ethnic and racial demographics of the United States to a degree that few could imagine in that decade. The dire situation we have today stems directly from this piece of treason.

Now, what about the settlers? From the early 17th century to the eve War for Southern Independence, the great majority of the roughly 27 million white people in these United States in 1860 had their origins in the British Isles or elsewhere in Western Europe. They were the mainly Christian progeny of the men and women who had carved a civilization out of a wilderness, especially those we came to know as Southerners. While Yankees huddled close to the coastline in the northeast, bold Southerners laid open the frontiers up to and across the Mississippi River.

My own family came through the Carolinas, across north Georgia, and into the Alabama Territory in the 1790s and early 1800s. By the first decade of the 19th century, they had settled north of the Tennessee River in what is currently Lauderdale County, Alabama. In other words, they were here for more than a decade before Alabama became a sovereign State in this union in 1819.

I've never considered myself the descendant of immigrants; rather, I'm the product of settlers who did most of the dirty work in making this place a fit home for my kith and kin.

Those who came later, after The War, can't claim the same ground. In many cases, they are interlopers. Yes, I understand that many of them came here "legally." However, that does not change the fact that when they got here much of the fundamental hard work in building a country had already been done. They simply took advantage of it. I don't blame them for that.

Historical circumstances, particularly the South's defeat in The War, eventually led to this radical demographic change. Pencil pushing, crooked ciphering, eloquent word twisting became the new postbellum means of acquiring "wealth." My ancestors would not have approved, nor really would they have understood, but they were not given much of a say in the matter.

Today, we settler descendants are fighting to preserve as much land as we can to pass on to our own progeny. Current US immigration policy and the law--especially the incredibly stupid Anchor Baby part--is not helping us. Like our ancestors of old, we settler folk will have to fall back on our own resources. And unlike Emma Lazarus's statue, nothing beckons us to some far-off Golden Door. We are here to live . . . and die, if necessary.

Live well . . .

Tuesday, August 10, 2010


Socialism, in all its forms, has been proven by history to be an abject failure. China has abandoned it, the old USSR died of it, and the Euro-Zone is now learning the same hard lesson. So why does the Obama regime insist on implementing socialism in America?

The reason is clear to me. Socialism is a purposeful means of destruction. You see, "Hope & Change" meant first tearing down the old. Socialism is the battering ram that will finally destroy the US dollar and economy, thus clearing the decks for whatever sort of politico-economic regime the Progressives have up their collective sleeve.

The real enemy of the Progressives is the small freeholder--small businessmen, entrepreneurs, farmers, craftsmen, and anyone else who desires to be free and independent of the big government-big business nexus. You are slated for destruction, and if you resist you will be cast as an obstacle to "progress." The mainstream media will make sure you and your kind are branded as such.

Be a fierce and principled opponent. Don't give in to fear. Fight back at every step. Don't put your faith in the GOP, the Tea Party movement, or anything else that advocates working within this corrupt system. The Progressives of both the Left and Right control the system and they will not allow meaningful reform to take place.

The antidote to American socialism, whether from the Democrats or Republicans (yes, I said "Republicans"), is secession and independence. It is not half measures such as States Rights or State sovereignty within the current "union." It is certainly not Tea Party-style "elect more conservative Republicans" reform.

You have a clear choice. Live well . . .

Monday, March 22, 2010


As the boot of centralized fascist-socialist tyranny pushes harder on our necks, we have three choices: 1) serfdom; 2) revolution; or 3) Southern independence. I would hope those reading this would have already omitted option number one from consideration.

However, serfdom will likely be the choice of the majority of Americans (and maybe even of Southerners). Why? It is the easiest path. It requires one to do nothing out of the ordinary, to take no risks nor face any danger. Because most people like their bread and circuses and don’t want to be taken out of their comfortable day-to-day existence, they will chose serfdom and convince themselves it is the reasonable and even the patriotic thing to do. Others who might know better will choose this path because of fear.

The revolution option is infinitely better than serfdom, but it has its downside, too. Most revolutions, historically speaking, are bloody affairs that often, as it is said, “devour their own children.” Before you remind me of the successful American Revolution, please remember that that event was a secession movement against the British Empire and not a turning of the world upside down as was the French Revolution. Modern revolutions normally degenerate very quickly into chaos. Before you advocate letting the revolution genie out of her bottle, know this: the Feds may be inept at most things, but they have proven themselves expert at killing people and destroying things. Yes, it may have to come down to an armed stand off; however, there is a better way than out-and-out revolution that leads to this point.

I prefer option three: Southern independence. Our States are historically the loci of ultimate temporal sovereignty within our federated, constitutional republic. The Founders intended it to be that way. Any of the Southern States (or any of the fifty) can assert that sovereignty anytime it wishes by withdrawing from the voluntary union of the States united. By withdrawing (or seceding) through the action of its legislature or another body elected for that specific purpose, the State is on solid legal and moral ground. Our lesser magistrates would be doing exactly what they should to protect the lives, liberty, and property of the State’s citizens against the encroachment of tyranny.

A proper prelude to secession might be Nullification and Interposition. If the federal Congress, the President, or the federal courts (or any combination of the three) should commit unconstitutional acts against the States and the citizens thereof, a State could simply declare that action, be it a law, an executive order, or a legal ruling, to be of no effect within the State’s borders. Should the feds press the issue (which they likely would), then the State government (again, the lesser magistrate) would have the duty to interpose itself between its citizens and the federal forces arrayed against them. This might take the form of the mobilization of a true State Militia (not the National Guard, which can be “federalized”). This is why you should take the right to keep and bear arms seriously.

The use of Nullification and Interposition (and a subsequent secession) might, it is true, lead to armed conflict just as revolution would. However, the former would have the force of history and law on its side whereas the latter, though justifiable, would be more desultory, disorganized, and chaotic. I think it’s always better, at least for as long as possible, to have some lawful and time-honored precedents on your side.

Under present circumstances, brought upon us by both major political parties and our own lack of vigilance, I don’t see any other options but the three I’ve briefly outlined above. Because serfdom is out for most of those who will read this, we had better think long and hard about the other two options. We will have to choose one. I pray we choose wisely. Live well . . .

Audemus jura nostra Defendere!

Monday, March 8, 2010


I am no investment adviser, but I do have some good investment advice: Buy bullets, NOW! A good place from which to buy is Georgia Arms (1-888-623-6861). They are good folks who'll serve you quite well. Also, they sell high quality ammo at fair prices. Check them out! You can find them on-line at

Live well . . .

Audemus jura nostra Defendere!

Thursday, March 4, 2010


The Obama regime seems a bit itchy to get some sort of Health Care Reform passed by Easter. We are told that his compassion for the American people compels him to act now. But would these health care reform provisions kick in immediately? No, it would actually be several years before anything happens to effect your physical health. However, something would begin right away to effect your financial health--the new taxes contained in the overall plan.

What are we to make of this? First, that "health care" is not the central focus of the Obama regime's efforts. Second, that they need money (i.e. your taxes) and they need them . . . yesterday. In other words, this is not about health; it is about money in a hurry. And why is this? Because the US government is broke and desperate.

As I (and many others) have said before, it is an alarming state of affairs when the US government is buying massive amounts of its own debt to keep things afloat. The bubble-blowing charade known as Quantitative Easing may last for a while, as it is not yet common knowledge among the people. However, math always trumps politics. And there is the equivalent of a weapon of mass financial destruction ticking closer and closer to detonation--the bond market. And no one--not even the President--can mess with the bond market and win.

To prevent an utter collapse in bond prices, the Fed will find it necessary to significantly increase its buying of US debt (i.e blowing the bubble bigger and bigger). And when (not if) the bond market bubble bursts, it will be the US government itself that will need the grandfather of all bailouts. If US taxpayers or foreign creditors are unwilling or unable to pay up (and they will be unable), and if massive hyperinflation is to be avoided, a US government default will be the only option. At that point, the dollar dies, as do all other paper fiat currencies. What then happens to all those Credit Default Swaps and other derivatives taken out as insurance against such a calamity? They, like the dollar, become meaningless. Chaos reigns.

When this happens, you must have land, food, water, and the three precious metals--gold, silver, and lead--if you expect any chance of survival. Currency and things denominated in such terms will be worth less than the paper they're printed on. At that point, we and the elites who brought on this hell will finally understand what is real wealth and what is merely a mirage. We'll also understand who has been producing that wealth for the last 30 years--the lowly farmer or the high and mighty Goldman Sachs trader.

Live well . . .

Audemus jura nostra Defendere!

Saturday, February 27, 2010


Ever wondered what a CDS is? First, CDS actually stand for "Credit Default Swap." We are told that the purpose of a CDS is to provide insurance against investor risk. So how could this be a bad thing? Don't most people buy insurance on their homes, cars, lives, etc.?

But a CDS is not your normal form of insurance. Historically, folks who purchase insurance have been required to have what is called an "insurable interest." In other words, you must own or at least have a legally binding interest in whatever it is that you choose to insure. You cannot buy insurance on your neighbor's house because you have no insurable interest in it. If you were allowed to do this, you might be tempted to burn you neighbor's house to collect on the policy. This would not be good for neighborhood relations, to say the least.

But things changed in the 1990s. At that time, Wall Street introduced the CDS market and pretty much ditched the concept of insurable interest. Why, you could now bet on anything by taking out an "insurance policy" on it! Want to see a company fail and profit in the bargain--no problem. There was a bet out there just waiting for you. Wall Street, with DC's compliance, had legitimized a new game: "Let's Burn Down Our Neighbor's House And Profit From His Misfortune." Smell the smoke in your town yet? You will . . .

Continue to live well . . .

Audemus jura nostra Defendere!

Thursday, February 25, 2010


Goldman Sachs in trouble? Check out what Porter Stansberry has to say below:

By Porter Stansberry in the S&A Digest:

One of the best lessons I've learned over my career as an investment analyst is the myth of excellent management or "great execution" is really just that – a myth.

When I see companies in troubled industries reporting quarter after quarter of great results, while all of their peers are getting killed, I know a fraud is going on. I remember in the early 2000s, WorldCom kept reporting profits when all of the other long-distance carriers were getting killed. I knew it couldn't last. And it didn't. WorldCom's accounting was revealed to be a fraud – the company was counting its network access costs as capital expenses. Once the real numbers came out, the company collapsed in what was the largest bankruptcy in American history at that point.

About three years ago, I saw Goldman Sachs reporting quarter after quarter of unbelievable results when all of the other investment banks were hurting. I spent a lot of time looking at its numbers – which didn't make any sense. It reminded me of Enron. It kept reporting bigger and bigger profits, but lost more money every year in cash. And its debt balances kept growing.

I wrote a lot about this in The Digest, but I never officially recommended shorting Goldman in my newsletter because I literally couldn't figure out how Goldman Sachs was doing it. I couldn't find the smoking gun... but I knew a giant fraud would be discovered there, eventually.

In October 2008, I figured out part of the big secret: Goldman had insured all of its subprime exposure via AIG. This allowed it to book huge profits on its subprime investments long before they were actually paid off because the bonds were insured. Of course, it was all a sham – AIG didn't have nearly enough money to pay off any of the insurance. (See the October issue of PSIA for more details.) A source close to the company even told me how big the exposure to AIG really was – $20 billion. That's roughly 100% of the profit Goldman claimed in 2006 and 2007, at the height of the credit bubble. Goldman completely denied my report and claimed it had zero exposure to AIG.

As was subsequently revealed in the spring of 2009, my report was right on the money. Goldman had roughly $20 billion in exposure to AIG and received roughly $14 billion of money the federal government used to bail out AIG.

But I completely missed one big part of the story... And once this fact becomes common knowledge, it will probably mean jail time for several leading Goldman executives and the end of the firm. What did I miss? The entire Goldman-AIG relationship was a complete sham. Let me explain...

Goldman eventually admitted it had insured roughly $20 billion worth of subprime CDOs with AIG and had major exposure to the firm. But the New York Federal Reserve and Goldman Sachs never revealed this critical fact: Goldman didn't merely buy insurance on a bunch of random subprime CDOs. It actually bought insurance on special CDOs it had put together and sold to its own clients. In other words, Goldman knew more about these CDOs than anyone else. Goldman bought insurance on these CDOs because it knew they'd collapse.

This is tantamount to building a house, planting a bomb in it, selling it to an unsuspecting buyer, and buying $20 billion worth of life insurance on the homeowner – who you know is going to die!

These facts all came to light because of research done by the office of Darrell Issa, the ranking Republican on the House Committee on Oversight and Government Reform. These new documents will certainly lead to a full investigation of the Goldman-AIG dealings and the subsequent $180 billion bailout led by the New York Federal Reserve. My bet? Heads will roll. If you own Goldman Sachs, you'd better sell.

Crux Note: The S&A Digest comes FREE with a subscription to Porter Stansberry's Investment Advisory. In just the past few years, Porter has shown readers how to make huge gains in gold stocks... how to profit from the demise of Freddie Mac, Fannie Mae, and General Motors... and the best ways to protect themselves from inflation and the unavoidable collapse of the dollar. You can learn more about a subscription here.

Tuesday, February 23, 2010


The US government is broke. For that matter, so are the big banks. Why doesn’t the general public know this? It’s simple—they have been lied to about the real situation.

What they’ve not been told is this: 1) that the Fed is buying virtually all of the US bond auction offering through a scam known as “Indirect Participation.” IP is designed to cover the fact that off shore purchases of US Treasury debt are being done with US dollars sent abroad for that specific purpose. This covers the hard fact that there are no takers for US debt and that the US is now forced to finance its own doomed spending spree. 2) The acknowledged national debt is somewhere near $14 trillion; the “off the books” national debt is several times that amount. Our rulers say that the national deficits for 2010 and 2011 will be between $1.6 and $1.8 trillion. That would be bad enough if it were true. But it, too, is a lie. The real budget deficits will be at least twice that large. Where is the money coming from to pay these deficits? Washington and Wall Street have three options, the first two of which are a) Continued borrowing (mainly from ourselves, however much sense that makes). Needless to say, this policy of creating money through the issuance of debt is highly inflationary. When this “money” finally hits Main Street we are likely to see hyperinflation; b) Much higher taxes and reduced services. Option c) is simply to default on the debt, partially (e.g. China) or completely.

Those options all will be painful, especially when the real unemployment and under-employment figures are nearer to 25% than to the officially acknowledged 10%. Moreover, nearly all the States are facing severe budget crises, and the States can’t print their own money like the Feds can.

The banks (and other big corporations) are in bad shape, too. But because they have been allowed by Federal regulators and ratings agencies to “cook their books,” this is not yet apparent to their customers, clients, investors, and the general public. One example will suffice to prove just how bad off the big banks are: the rationalization for the bailouts was to allow the banks to improve liquidity in order to get the Main Street economy moving again. But the big banks have hoarded these taxpayer funds rather than loan them out to intermediate and small businesses. Why is this? Simply put, it is because the banks needed every bit of that money in 2008-2009 to keep their balance sheets solvent. They were (and are), by any rational accounting standards, broke.

As long as the US government and the big banks can continue to lie their way through this crisis, things will hold together to some degree. There may be lots of angry rhetoric from spokesmen for the public and an occasional violent act of desperation. But things will hold together. As Mr. Jefferson told us, people are prone to bear up under abuses until they become unbearable. But when the truth comes out and things hold no longer, the breaking will be hard.

I have been told by some reliable sources that the Feds and their minions at the State and local levels are taking this “breaking hard” scenario pretty seriously. In other words, they are planning for the contingency that their illegitimate power will be challenged when things indeed become unbearable to the general populace. Because they are making plans to keep themselves in power and not take responsibility for their criminal lies and actions, I would suggest that you do the same in the name of preserving your lives, liberty, and property from the hand of this organized criminal enterprise. Oh, and help your friends and neighbors see through all the lies and obfuscation before it’s too late for them to prepare.

Audemus jura nostra Defendere! Live well . . .