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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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American Express is Bad For Business


Posted 03-15-2009 at 10:57 PM by ITcapital| Category: Uncategorized

What is the deal with American Express? I don’t understand their business model. Everywhere I go I see more and more retailers or restaurants refusing to accept American Express because of expensive service charges they charge business owners.

Many companies complain that American Express is too expensive and the monies take too long to arrive in their business bank account. It’s not just small businesses that are refusing Amex but large companies as well, retail chains, factory outlets and furniture outlets.

I have found myself stranded a number of times in various small towns being unable to shop or go to a restaurant because companies just refuse to accept American Express. Many gas stations have refused the card as well.

Imagine entertaining a client at a restaurant, you’re paying the bill and you find out on your way out that the restaurant doesn’t accept American Express. It’s happened to me a number of times.

I am so tired of having to ask everywhere I eat or shop “do you take American Express”?
Despite the fact that I can hardly find any company that takes the card, then they have the nerve to charge the consumers to use the card. I have the Platinum Card I pay about $500.00 a year just to have the card. I don’t see this card having any more privileges or flight points than any other card.

In the olden days you had to have a net worth of half a million to get the Platinum Card, I know lots of people who have this card who don’t have that kind of net worth. They are just dumb like me paying outrages yearly charges trying to use a card that hardly any company will accept.

Then the business card they try to sell you in my view is a waste. A separate card in the business name they advertise to help you sort your business expenses with nice reports and statements. If you’re an incorporated company you personally guarantee the card anyway. So really it’s just another card with more yearly services charges to the consumer. If your company goes under your on the hook personally anyway.

Then if I use my Platinum Card in an unusual spending pattern like I buying a lot little things like videos, or go shopping for small items with small charges they do these security checks that drive me nuts.

I was in Costco one day buying a few items during the busy Christmas Season. I had a big line up behind me when all of a sudden I couldn’t use the card. I was embarrassed and the people in the line were starting to give me dirty looks. So I had to call the American Express Customer Service at the line up. Because my spending pattern was a little different they wanted me to call in for a security check to make sure I was me. Fine and dandy but will they be doing this to me in a restaurant when I am entertaining clients? That is of course if I can find a restaurant that actually takes the card.

I give up. This is my last year with American Express. I don’t blame companies for not wanting to accept the card and I don’t see why people would want to use the card when it’s one struggle after the other trying to find a company or a restaurant that will take it.

Never Again !!
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Dont believe that your little structure will protect you and your assets


Posted 03-09-2009 at 04:39 PM by Jeff Lipton| Category: Uncategorized

Dont believe that your little offshore structure will protect you or your assets.
The legitimacy of most offshore structures is always couched in the supposed real life reality that there are so many offshore or hidden structures that exist and few have been caught. The basic premise is fallacious in that if the client put money in one of these strategies and there is a litigation threat or an event that takes place in a subsequent intergenerational asset passage, litigating the matter in the offshore court system is fraught with uncertainty at best and the process may unearth former clandestine operations. In addition, there is the real threat of blackmail or the diminished version whereby the client is powerless to do anything as a result of his own illegality. This is the very reason that when most of these clients are ripped-off, they can’t or do not complain much due to the illicit nature of the assets in question and the structure the assets reside in. This issue is endemic to trusts and foundations where the use of nominees is common. For trusts many employ a sham protector, or in the case of foundations a nominee board of directors that have given irrevocable power of attorney to an insider. In either case the veneer is thin in today’s post 911 environment. The asset holder under these scenarios is in fact quite powerless for they are counting on these same nominees to not divulge the secret. This is not an issue though with Asset Protection Insurance™ (“API™”) as all aspects are fully disclosed as the insurance can only protect fully disclosed assets and liabilities. There has to complete transparency and a failure to report any liability (including taxation) would probably constitute an event invalidating the policy. Do not blindly believe because you want to do you homework! Jeff Lipton
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