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My RRSPs are Cashed Out Why I Await A Certain Market Meltdown





If you are a friend of mine you know I subscribe to just about everything to do with economics, politics and end time prophecy.

I also keep a sharp eye on what is happening with the growth of the E.U. and the creation of the new world order and the one world currency that is a mathematical certainty.

There is an overwhelming pattern of what everyone is saying who are professionals on what will happen to our market at anytime.

I don’t know if you saw 60 Minutes a few weeks ago about but the U.S. 401K system is almost completely wiped out. This is the equivalent to our RRSP system only ours is government supported but certainly not government guaranteed. Nothing is CDIC insured.

Millions of U.S. Citizens have lost their life savings as a result of their retirement funds being invested in the market. 50 and 60 year old “would be retired people” are going back to work as a result of losing their entire life savings. They have nothing. They only wished they cashed out sooner.

YouTube - The 401k Fallout

Now if you read the article below even if they want to cash out what’s left in their 401k they can’t or they are met with resistance.

401(k)s Hit by Withdrawal Freezes - WSJ.com

What happens in the U.S. will happen here
as our Canadian RRSPs and Mutual Funds are being invested in the same markets. I have personally cashed out all my RRSPs and Mutual funds. Mind you it’s not a lot of money, but I am cashed out. I made my request two weeks ago and I am still waiting.

All my research be it economical, or biblical is showing a complete collapse of the banking system as we know it. It’s being predicted on a global scale.

Don’t take my word for one second get on the net and do your own homework but do it fast. I don’t care if people call me crazy or roll their eyes.

If they are predicting this recession will be worse then the great depression and crash of 1927, why would anyone in their right mind stay in the market? The market crashed in the great depression and people lost everything in seconds they were completely wiped out.

I am suggesting that people take a chunk of their money out of their RRSP’s and either put it against your credit cards or your mortgage. Just pay off your “highest interest debt”. Keep it out of the bank pay off debt.

What is the difference if you’re being charged 19% to 28% on a credit card and your RRSP is making less than that? I am fully aware you will be taxed to death on the income when you cash out, but it’s better than loosing all or a big part in the market. Many have invested in mutual funds controlled by bank fund managers as to actually buying stock in companies.

If you do own stock in a company you might be able to salvage the ownership of that stock if that public company stays a float during the crash. But make no mistake, funds will crash and you will loose it all.

It is naive to think what is happening in the U.S. won’t happen here we are all participating in the same markets.

People made fun of me when I blogged for the past two years about a New Word Order headed by the European Union. Now the Obama administration is heading the way for the New Word Order just as I wrote it’s in Time Magazine. The word “New World Order” wasn’t even in the media till Obama came into office now the New World Order and the E.U. is on the news every single night.

A market crisis to implement the New World Order and a one world currency is exactly what the plan is under this new federation of nations.

The market won’t recover as a new banking system is being set up. I won’t be wrong, I might be a little late but I won’t be wrong.

It is impossible to warn people about this stuff without sounding like a complete lunatic. So go ahead and label me. Isn’t safe to have a back up plan just in case ??

www.corporatefactors.net

Kissinger: Obama primed to create 'New World Order'

Barack Obama's New World Order - TIME

informationliberation - Report: Greenspan says euro could replace U.S. dollar as reserve currency of choice

Market Collapse | Bible Prophecy In The News
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Count Down to the United States of Europe and the New World Order


Posted 03-24-2009 at 01:31 PM by corporatefactors.net | Category: Uncategorized

MY WORKING DRAFT

This is a new blog entry that I will be working on over the next few months. So I am just posting my research notes for now.

The is for business owners and investors to properly educate themselves on what is happening to the economy and to help them make well informed decisions based on undisputed research about what is about to come.

If you want your business to survive the recission you need to keep your eye on this blog and my foot notes at the end as to where I get my research.

I will show exactly based on various forms of research how the U.S. economy crumble. I will prove that the U.S. dollar will be removed and replaced with the Euro dollar.

I will show that the U.S. will not only be forced to convert to the Euro dollar but their alliance with Europe will be so strong that we could see an actual United States of Europe in this life time.

I will show that the power of the United Nations is just about over as the world moves closer the the European Union that will become the centre vocal point of the world.


I do not in anyway mean to be disrepectful of the United States or it's leadership. There are just certain things over the next few years that are going to be inevitable and if you want to survive you need to be educated.


Predicted: March 24, 2009

United States Coverts To the Euro Dollar

China will refuse the U.S. dollar forcing the United States to convert to the Euro Dollar.

The influx of government funds into the U.S. economy will fail.

China will be one of the first countries to no longer accept the U.S. Dollar. This will force the U.S into a recession far worst then in U.S. history.

The U.S. will have no alternative but to convert to the Euro Dollar leading to a world wide currency.

The Creation of the New World Order

I would like you to read some very recent quotes from Henry Kissinger.


Quote:
Conflicts across the globe and an international respect for Barack Obama have created the perfect setting for establishment of "a New World Order," according to Henry Kissinger, the Nobel Peace Prize winner and former secretary of state under President Nixon.

Kissinger has long been an integral figure in U.S. foreign policy, holding positions in the Nixon, Ford and Reagan administrations. Author of over a dozen books on foreign policy, Kissinger was also named by President Bush as the chairman of the Sept. 11 investigatory commission.

Kissinger made the remark in an interview with CNBC's "Squawk on the Street" hosts Mark Haines and Erin Burnett at the New York Stock Exchange, after Burnett asked him what international conflict would define the Obama administration's foreign policy.

"The president-elect is coming into office at a moment when there is upheaval in many parts of the world simultaneously," Kissinger responded. "You have India, Pakistan; you have the jihadist movement.

So he can't really say there is one problem, that it's the most important one. But he can give new impetus to American foreign policy partly because the reception of him is so extraordinary around the world.

His task will be to develop an overall strategy for America in this period when, really, a new world order can be created. It's a great opportunity, it isn't just a crisis."
Quote:
At the same time, the magnitude of the debacle makes it impossible for the rest of the world to shelter any longer behind American predominance or American failings.

Every country will have to reassess its own contribution to the prevailing crisis. Each will seek to make itself independent, to the greatest possible degree, of the conditions that produced the collapse; at the same time, each will be obliged to face the reality that its dilemmas can be mastered only by common action.


Even the most affluent countries will confront shrinking resources. Each will have to redefine its national priorities.

An international order will emerge if a system of compatible priorities comes into being. It will fragment disastrously if the various priorities cannot be reconciled.

The nadir of the international financial system coincides with simultaneous political crises around the globe. Never have so many transformations occurred at the same time in so many different parts of the world and been made accessible via instantaneous communication.

The alternative to a new international order is chaos.
The New World Order is already on it's way in the form of the European Union.

It will be the one world currency which will head the way to a New World Order via the European Union.

United States builds a Stronger Alliance with Europe and The European Union

The United States will merge with Europe forming the United States of Europe making an even stronger European Union.


European Union Forces A Global Currency

In order to stabilise world markets and the economy the European Union will insist that "all" countries of world come under one currency or face economic destruction.

This will come in the form of all countries changing their currencies to the Euro Dollar or should I say the Euro currency?


Global Currency Goes Paperless

A global currency will be great idea up until it becomes paperless. By paperless I mean all paper money will be removed and the entire system becomes computerised.

Let me be real clear what I am saying, all paper money around the globe will be completely worthless.

Why would a global currency be paperless? Here are just a few basic reasons:

1.
Conterfiet Concerns.

2.
No more cash transactions, the underground economy is cleaned up. Everyone now has to pay taxes.

3.
Virtually impossible for money laundering to occur.

4.
Everytime you buy or sell there is a recorded transaction. A computerized system becomes the ultimate crime fighting machine.

5.
World security advantages with respect to terrorism and wanted criminals.


6.
Identity fraud will be eliminated. (I will elaborate on this point shortly)


Once the we go paperless the days of your privacy are over.


Paperless Currency & The Microchip



Under a computerized paperless system you would suspect that we would all be given a special card that would contain all our data.

But what would happen if you lost this card?

This is the part of my blog where people think I'm a nut and stop reading.

So let's watch a video before you roll your eyes and leave:


Did you know that your Social Security card used to be a health card?

The Social Security card started out as being health card and was used exclusively for medical reasons only.

Today your Social Security card is used for just about everything with your identity. When you apply for a job, credit, travel. It just as important as your finger print.

This is a quote from the Federal Trade Commission:

Quote:
Identity theft occurs when someone uses your personally identifying information, like your name, Social Security number, or credit card number, without your permission, to commit fraud or other crimes.

The FTC estimates that as many as 9 million Americans have their identities stolen each year. In fact, you or someone you know may have experienced some form of identity theft.
If you are one of the 9 million Americans who have had your identity stolen you know it's just about impossible to get your life back. You will spend years trying to prove you are you. The only thing you have to prove you are you are your finger prints and your DNA.

Your name, date of birth and Social Security Number is all it takes for someone to ruin your life forever.

Identiy fraud concerns will be one of the main reason people will gladly use microchip implants.


Imagine being able to go to the airport and just have your bags security checked, a simple swipe of your chip and your on your way. No custom line ups at all. Your line ups for travel will reduced.


While you may think that people will fight this type of system I suggest people will line up in droves with smiles on their to have it done.

Who will lead the EU and The New World Order ??

The European Union is going to have to appoint a leader. While many will argue this topic to death. I don't in anyway believe it will be Obama or an American for that matter.

This world leader is going to have to deal with negotiating peace in the middle east.

The bankrupt United States will no longer have any credibility in the world primarily as result of the controversy in Iraq. That leader must be a country without the self serving agenday of oil in the background like the United States.

Someone who trusted not only by the countries of the world from a financially sovereign country.

To the world biggest surprise the most likely candidate to lead the European Union or the world for that matter will in fact be from the 11th Nation to join the European Union which is the country of Spain.

The King of Spain Mr. Juan Carlos is currently the most qualified candidate out of all of the rulers currently in the E.U. or believed to join the E.U. His resume of schooling, religious studies, goes forever.

The King of Spain has over 37 years of some of the best military training of any man in history.

Juan Carlos already has the title of "King of Jerusalem" (a title that that was given to Jesus in biblical times) and defender of Catholic Holy Land interests. Many will argue that the King of Spain is getting old and my not have the appeal and energy as a world leader.

Juan Carlos is more trusted to deal with the middle east conflict to enter into peace treaties between the Jews and Muslims.

Every peace treaty signed between Israel and her enemie have been the direct or indirect result of the efforts made in Spain, at the Madrid conference.

Why would the middle east trust a leader from a counry that has already admited that their financial crisis is a result of the greed and sins wallstreet?

Most scholars and economists believe that the world will not really know or hear about the King of Spain till at least 2012 which is not far away.

In July 1996 "Endtime" magazine wrote an article called "Cashless Society - How Close?"

It was reported that the country of Spain had become the first and only country in the world which required under the penalty of law that all pets in the nation be injected with an I.D. chip.

It may very well be Spain that will lead the way to human microchipping in the world.

Over the next three years keep a sharp eye on the European Union and watch it grow to be the most power government organization the world has ever known.




China & The U.S. Dollar

China starts to wonder if it made the right choice

South Asia Investor Review: Is Euro Ready To Replace US Dollar As Reserve Currency?

The Euro will soon replace the US Dollar as the global currency - by Alex Kee - Helium

Euro to Replace the U.S. Dollar?


Greenspan says euro could replace U.S. dollar as reserve currency of choice The Associated Press

Published: September 17, 2007
http://www.iht.com/articles/ap/2007/...nspan-Euro.php


Euro to Replace the U.S. Dollar?
http://www.onejerusalem.com/2007/09/...the-us-dollar/


The New Word Order
Kissinger: Obama primed to create 'New World Order'

Human Micro chipping





(video)
http://www.verichipcorp.com/files/CN...orn_013106.wmv




Radio frequency identification keeps tabs on goods, services, pets - even people
May 11, 2006, Sacramento Bee (the leading newspaper of California's capital city)
http://www.sacbee.com/content/lifest...15069873c.html



US group implants electronic tags in workers
February 13, 2006, MSNBC/Financial Times
http://msnbc.msn.com/id/11314766/



Remote Control Device 'Controls' Humans
October 26, 2005, San Francisco Chronicle/Associated Press
http://www.sfgate.com/cgi-bin/articl...f133702D73.DTL


RFID: Getting Under Your Skin?
August 5, 2004, CNN/Fortune
http://money.cnn.com/2004/08/05/comm...chnology/rfid/



Would a microchip keep your child safe?
December 18, 2003, BBC
http://news.bbc.co.uk/1/hi/magazine/3307471.stm



A Real Chip On Your Shoulder
July 7, 2003, CBS/Associated Press
http://www.cbsnews.com/stories/2003/...in563819.shtml


Chipping at the Future
September 23, 1998, ABC News
http://more.abcnews.go.com/sections/...cyborgman.html
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Stock up on Euro Dollars


Posted 03-19-2009 at 03:19 PM by corporatefactors.net | Category: Uncategorized





Now might be a good time to stock up on Euro dollars. If China stops accepting the U.S. Dollar when it comes to import and export we might find ourselves loosing our U.S. currency completely and the Euro could be the new currency of the United States.

Many Chinese exporters are forcing customers to transact in either Chinese currency or Euro they won't transact in U.S. funds.

Do your own homework the Euro as a one world currency is around the corner.

China & The U.S. Dollar

China starts to wonder if it made the right choice

South Asia Investor Review: Is Euro Ready To Replace US Dollar As Reserve Currency?


Greenspan says euro could replace U.S. dollar as reserve currency of choice The Associated Press
Published: September 17, 2007



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Obama and the Self Employed - More Tax On Business = Less Jobs Created


Posted 02-26-2009 at 07:31 PM by corporatefactors.net | Category: Business General

If you want jobs you have to create business. Creating more business means creating more jobs.

There can be no new jobs without the creation of business. Once again more tax is imposed on business owners under the new Obama plan.

With one company going bankrupt after next and more people getting laid off from their jobs in record numbers, how then do we find jobs if they can't be created ?

Test Question?

How will business owners deal with this new tax?

Answer?

By laying off people not hiring new people.

What is the incentive to start up a new business and create new jobs?

Correct me if I am wrong, but if you add up city, state, fed tax, health tax, and all other tax you could expect to pay in a business, are we not well past over 50% of every dollar earned by a business paid out in one form of tax or another. It's the whole tax picture we have to keep an eye on.

This new plan is bad for business !
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Starting A Business Check List


Posted 01-12-2009 at 10:31 AM by corporatefactors.net | Category: Business General, Small Business & Start Up

Write A Business Plan
We can not express in words alone the importance of a business plan for the success of a business.

It is a critical component for success. Almost every lender will require some type of plan before lending any money to a business. We offer a number of Business Plan services you may contact us for quotes.

If you wish to try and prepare a business plan on your there are number of Business Plan Software packages that can be downloaded for free.

Alternatively you can purchase a professional business plan software.

Choose a business name
We can come up with business name suggestions for you. We follow the 3M Rule. Your business name should be Memorable, Mellow and have Mass appeal.


Verify right to use the name
You could find yourself a victim of a lawsuit if another company is using your business name.

Let us do the proper searches to ensure you won't get into trouble using a company name that may already be in use.


See if the business name is available as a domain name
Make sure the domain name is available on the internet as a .com .net .org .ca etc.. You should register the domain even if you aren't ready to use it yet.

Also set up an email with the new domain name once it is registered.


Establish a mailing address and phone number for the business
You must decide on an address for the business. You need to get this well established before you start investing money in business cards, letterhead etc.. so you won't have to change it later. You may wish to consider renting a post office box if you are anxious to get an address for the business but are unsure if you are going to rent space or work from home.


Registering the business (Sole Proprietorship, Partnership or an Incorporation)
You must decide if you wish to register your business as a Sole Proprietorship, General Partnership or an Incorporation. There are advantages and disadvantages for each form of business as it relates to tax and liability. Let us properly educate you based on all factors of the business set up process. We can register the business for you or do the incorporation filings.


Business cards and stationery
Once you are fully registerd with your business name, address and telephone number. It is at this point where you should consider making a solid investment into business cards and stationery. All business experts will agree that you should put as much as you can afford into your business stationery to give yourself a professional established look. We offer discovery, company naming, product naming, reputation consulting. It would be good to have all your stationery printed before you open your bank account or meet with any business bank account manager.

Open a bank account for the business
Not only should you open up a business bank account but you should be setting up relationship with your account manager.

Zoning Bylaws and Building Permits
If you plan to run your buisness from home you may need to check your local city zoning laws. Many cities have limitations on how many people you can have working for you from home. Issues with respect to parking can also arrise.

Choose a location for the business or make space in the house for it
If you are going to rent space in an office building or an industrial unit you may wish to consult with us before signing a formal commercial lease. Commercial landlords may try to lock you into lease terms that is simply way too long i.e. 5 year terms or more. If your business expands you may have to move if you require more space for people and/or equipment.
What happens if your current landlord can't accomidate you? If you are locked into a lease you may find the expansion of your business at a road block if you can't get the extra space you need.
Also beware of personal gurantees that may be in the lease contact that you are unaware of. If you are an incorporated company and you personally guarantee your lease, you could be held PERSONALLY responsible for your debt to your landlord if your business fails. Entering into a commercial lease is very serious and needs to be reviewed by a professional on a number of factors.


Get any required business licenses or permits


Register or reserve state or federal trademark

Register copyrights

Apply for patent if you will be marketing an invention
Check into business insurance needs

Find out about health insurance if you will not have coverage under a spouse
Get adequate business insurance or a business rider to a homeowner's policy
Taxation Canada
GST, PST, HST basics. There are two main taxes that businesses collect: the Goods and Services Tax (GST) and Retail or Provincial Sales Tax (PST). Several provinces combine these two taxes into a single tax known as the Harmonized Sales Tax (HST). Check our Useful Provincial Tax Links tool for informative links for the province where you do business.
A Business Number will be assigned to you when you set-up one of the four following accounts with Canada Customs and Revenue Agency (CCRA):
  • Goods and Services Tax (GST)
  • Corporate Income Tax
  • Payroll Deductions
  • Import Export
Also, you may not be required to charge the GST immediately, but there can be advantages to registering immediately. For example, if you purchase $5,000 in goods to start your company, you won't be able to claim back the GST spent on these purchases unless you are registered to collect the GST. Register for provincial taxes, permit, if they apply. Depending on the type of business you are in, you may need to collect provincial sales tax and apply for a vendor permit or other permits. Service businesses are normally only required to collect the GST, but there are some unusual exceptions. Check our Useful Provincial Tax Links tool for links to key provincial resources that will help you understand what you provincial permits and taxes rates apply


Understanding Business Taxation
It is of utmost importance that you have a clear understanding of business taxes. It will be important to understand how and when to remit your monthly taxes to the government. Close to 50% of every dollar earned in your business will be paid out into some form of business tax. This means the tax man is your business partner. If you do not know how to collect and remit your taxes properly you could find yourself on the road to bankruptcy very quickly.

Purchase Accounting/Bookkeeping Software and determine record keeping requirements
You should get in the habbit of good record keeping from day one. If you plan to have employees you will need good accounting software to subtract and remit reductions. Your accounting software should be able to print cheques and invoices as well. You can alternatively hire a company to look after payroll for you if you find the system to time consuming. Some banks offer a payroll service.
You will also need to educate yourself on hiring independent contractors, facts about estimating taxes, forms of organization, etc.
Now would also be a good time to start establishing a relationship with a small business accountant.


Employment Standards, Payroll Information and Workplace Safety
You can usually obtain this information from your local government agencies. You will have to apply for employee identification numbers if you have employees.


Find out about workers' compensation if you will have employees
Most businesses in that employ workers (including family members and sub-contractors) must register with the WSIB within a few days of hiring their first full- or part-time worker. It's the law.

Registering with the WSIB provides workplace insurance coverage for all of your workers and gives you access to experts in health and safety for your business sector.
There are a few industries that do not have to register. These include:
  • <LI type=disc>Banks, trusts and insurance companies <LI type=disc>Private health care practices (such as those of doctors and chiropractors) <LI type=disc>Trade unions <LI type=disc>Private day cares <LI type=disc>Travel agencies <LI type=disc>Clubs (such as health clubs) <LI type=disc>Photographers <LI type=disc>Barbers, hair salons, and shoe-shine stands <LI type=disc>Taxidermists
  • Funeral directing and embalming
This is not a complete list as there are more industries that do not have to register. For more information, please contact your local office.


Start working on an advertisng and marketing plan for the business
This will be one of the biggest projects on your start up list. Your investment into your advertising and marketing plan must be based on the budget your working with. You should have a solid plan and be prepared to make a large investment of your start up budget into your advertising and marketing goals.

Have sales literature prepared
This would include your pamplets, brochures, and other sales literature. It would be a good idea to have these materials completed before you begin to design your web site. This way your developer can just use your sales literature for content when designing your website.

Find a web hosting company & Get your web site up
Depending on your target audience you may want to start designing your website early and getting it registered with all the search engines . While it may not take too much time getting a basic website up. It does take time to get your website registered on all the search engines once the site is established. This might be a good project to have working in the background.


Hire Employees
Once you are set up and you have a working advertising and marketing plan in place, it is at this point you may wish to consider hiring employees. This list has discussed, insurance, and payroll.


Employees and Management Concerns
Once you have a working staff. It is important to deal with issues like management contracts, confidentiality contracts, non competition contracts etc.. We have sample contracts and agreements if you need our help.
If you have staff working behind a computer you may wish to establish your written internet policy as to when and what your employees are allowed to use your computers for when it comes to surfing the internet for personal use at work.
You should also educate yourself on all aspects employment standards.
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