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Early Warning Report

Posted: Sun Apr 05, 2009 3:15 pm
by smokem
This info was sent to me by Ken Duncan - interesting reading!!

Some very interesting reading. I don't normally send out stuff like this but I met Richard Maybury at Pickle Meadow, CA in the 60's. Pickle Meadow at the time was Survival School for Aviators and Flight Crews in the 60's & 70's. Richard was in my class and a Team Mate. I just happen to run across his web-site. Below is his April newsletter. I consider him a very smart man with a lot of insight--Ken


By Richard J. Maybury
Copyright © 2009 by Henry Madison Research, Inc.
www.richardmaybury.com
1-800-509-5400, Fax 602-943-2363
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Apr-2009

Scores of times throughout history, we've seen today's type of economic calamity repeated on a national level, but never before has it happened globally. This is the first time the world reserve currency has been fiat paper that can be created infinitely, producing unlimited amounts of malinvestment. Until 1971, the global reserve currency had been gold for thousands of years. Now the fiat chickens are coming home to roost.

As I said in the 9/08 EWR, the malinvestment caused by the fiat dollar is so pervasive that I doubt any business or individual in the US is where they should be, doing what they ought to, at the correct wage or price. We don't know what will happen, but the many national examples of fiat-caused malinvestment give us some clues. Looking at 2,500 years of economic history, I cannot see how this calamity won't lead to riots.

I also expect an increase in violent crime, including more home invasion robberies and murders. Judging by what I overhear in grocery store lines and other public places, hatred of the rich is growing fast. If you are better off than someone who considers himself not wealthy, you are becoming his target.

Long ago, Gary North coined the phrase "the politics of envy," and he was certainly right.

Comrade Obama's hurt-the-rich campaign can only make things worse. Raising taxes - taking more money - from the people who create jobs will only produce more unemployment and anguish; and desperate people do desperate things.

In terms of judgment, acquiring political power is equivalent to acquiring a lobotomy.

Your geographic location...

...determines your risk, and the precautions you need to take. If you live in Buzzardbreath, Wyoming, you probably don't need to take any precautions other than to accumulate a one-month supply of food, medical products, and other necessities, against a possible disruption of truck and rail shipments. Three months would be better.

I believe a 30-day stockpile of all of life's necessities is a must for everyone, always, not just in the current emergency. Life is full of nasty surprises: floods, hurricanes, earthquakes, blizzards, famines, plagues, you name it. Even if your local area is unaffected, supplies that come from far away might be disrupted.

Good items to begin with are food, prescription drugs, toilet paper, soap, fresh water, matches, and a camping stove and fuel for cooking.

Also cash - small bills and coins. Banks in your area might close for a while, and if you need to buy something, the seller may be unable to make change.

The Lexus of the freeze-dried foods is Mountain House. You don't need to cook it, it's reasonably palatable, and the #10 cans have a shelf-life of 30 years if stored in a cool, dry place.

Freeplay makes an outstanding emergency radio, the Max. AC power adapter, built-in flashlight, AM & FM, solar and hand crank power.

If you live in the center of a big city, the risks are much greater, as you already know if you are old enough to have watched the Watts Riot in 1965 or the Los Angeles Riot in 1992. Both lasted a hair raising six days. In the Watts Riot, 34 were killed and more than 1,000 wounded. In the Los Angeles riot, 53 were killed and up to 2,000 wounded.

I counted the riots in the US during the 20th century. There were at least 54 large ones.

The January riot in Oakland was, I'm afraid, only the beginning of what's coming.

In the following paragraphs I will write some things you may find disturbing, because civilized people don' t like to think in ways that are necessary to protect against violence. But that's the political reality we face. (It must be reality - if it were a hallucination it would be more rational.)

There is a popular assumption...
...promoted by politicians, the mainstream press and Hollywood, that guns cause crime, and the general public should not be allowed to own them.

Where is the evidence?

Every day in the news I see reports of crimes committed at schools, stores, restaurants, hospitals, even churches.

Not once in all my 62 years have I heard of a crime at a gun range.

I've heard of accidents - twice, in 62 years - but never a crime.

By that measure, it seems to me that gun ranges are the safest places on the planet.

Why do you suppose that is?

On February 20th...

...the State Department issued a travel alert for Americans going to Mexico. Drug cartels have, in effect, seceded from the union and "large firefights have taken place in many towns and cities across Mexico," says the alert.2 The US Defense Department estimates that two of the cartels together have about 100,000 troops, which rivals the Mexican government's army of 130,000.3The greatest increases in violence are along the US border,4 which has begun to resemble Afghanistan.

In fact, in recent months, the number of Mexicans killed in the violence has been running much higher than the number of Americans killed in Iraq, Afghanistan and Pakistan together.

Add the economic crisis, and Mexico - Mexistan - could be on the brink of chaos. Millions of desperate refugees could start moving north, and within the crowds, there would be all sorts of hungry vermin, including gangs. These thugs will certainly be receptive to Obama's hurt-the-rich rhetoric, and compared to them, all readers of EWR are rich.

In my Special Bulletin #1 on our web site, September 22nd, I suggested you...

...get a shotgun

Today, gun shops are being cleaned out by worried customers. It's becoming difficult to acquire the types of guns and ammunition suitable for self defense.

The good news is that you don't need an arsenal. You won't be facing trained troops who are pursuing a military objective.

The bad news is that if you live in or near a big city, the most likely threat will be thugs searching for liquor and women.

I hope you will do what you can to make sure the women in your life can defend themselves.

The U.S. Department of Justice says there are more than two million criminals in prison or jail in the US.

If two million have been caught, how many do you think are still roaming the streets?

No one knows, but a five to one ratio would not surprise me.

If that ratio is correct, it means, on average, one out of every 23 adults you see each day is a criminal on the loose.

If you are a new subscriber, you may be wondering how I feel about...

...gun controls

I am absolutely, totally in favor of strict gun controls - I believe every woman should be legally required to carry a 12-gauge pump equalizer at all times.

In her closet I'd like to see her have an array of equalizers in various colors to match her shoes and purses. Remington makes the highly chic Model 870 in pink.

Loaded with #4 buckshot (not #4 shot, #4 buckshot, there's a big difference), one pull of the 870's trigger is the same as hitting the assailant with a .22 pistol, 27 times.

To me, gun controls are, more than anything else, a deceitful way to make women helpless, so that they feel weak unless they have a man to defend them. It keeps them psychologically subordinate, and desirous of a powerful Big Brother government for protection.

If a woman's liberation does not begin with her Second Amendment rights, then it cannot exist. There's nothing more basic than the right of self defense.

In short, what I'm talking about is personal independence. Reader D.S. understands. He writes that emergency preparedness, including the most important aspect, self defense, "is really about stopping a kind of sleepwalk through life and asserting an awareness of one's individuality. It's about being much more in charge of your whole life. I think anyone well-prepared for an emergency is living a much better life today, even if there is never an emergency."

The most important thing...

... is to be well trained. This doesn't necessarily mean marksmanship lessons - they can come later - it means a self-defense course in which you are taught how to use firearms safely, when you can and can't use them legally, and defensive tactics. Lots of helpful information at www.nra.org.



Also check the Yellow Pages for gun dealers, gunsmiths, firearms training, gun ranges, and self-defense instruction. And try: www.ableammo.com

www.midwayusa.com

Two excellent firearms schools are

www.gunsite.com and www.frontsight.com

Be familiar with your local laws.

Gun shows can be good places to buy all sorts of emergency preparedness items, as well as guns.

And, practice, practice, practice, until operating your weapon is as much second nature as driving your car. In a life-or-death situation you need to think about the criminal not the gun.

Skeet and trap are excellent practice for improving skill with your shotgun. Sporting clays is even better. If you can consistently score 50% at sporting clays, then in a self defense situation, the assailant won't have a chance.

Sporting clays costs about the same as golf, and it's great fun, I love it. For pictures, see www.coyoteclays.com

Training has an added benefit

If you are like me these days, you are wired tight as a violin string, waiting for what's coming. You want to do something! to improve your situation. Making emergency preparations helps relieve the tension, and honing marksmanship goes a long way toward creating the feeling that, now I'm ready for anything.

Why not rely on the police to protect you? Because there are very few of them, and they are not likely to get to you in time. Police protection is mostly bluff. The NYPD web site reports that in New York City, the total uniformed strength is 37,838 - which includes those behind desks - in a population of 8.3 million.

The idea that if you are attacked the police will get there in time to save you is one of the most absurd lies Americans are taught. Hospital emergency rooms and cemeteries are littered with people who found out it wasn't so.

Ask any cop. Criminals are, for the most part, as stupid as they are vicious; but one lesson they learned early from schoolyard bullies is, they can get away with almost anything if they are quick.

In most cases, the job of the police is to call an ambulance and fill out a report. Maybe they will catch the attacker someday, but that won't do you any good at the moment you are facing him helpless.

Let me remind you, during the 20th century in the US, there were more than 54 large riots



.Which guns?

This is the Early Warning Report, so here is your warning: you have a right to defend yourself, so get your weapons and ammunition now while you still can.

Which ones? It's a matter of ancient and widespread controversy. You should definitely read the book ARMED AND FEMALE by Paxton Quigley. Also read anything by Jeff Cooper.

Here are my opinions.

For a handgun, Jim Powell is fond of saying, "the small gun you always take with you is more effective than the big gun you leave at home."

Smith & Wesson makes a fine pocket gun, the five-shot concealed hammer .38 Special 342 PD revolver. It weighs only 12 oz.

However, no handgun you are likely to carry is powerful enough for my tastes. To me, the only purpose of a handgun is to keep you alive until you can get to your shotgun.

The Remington 870 12-gauge pump, mentioned earlier, is excellent. Get an 18" barrel, cylinder choke, 7 shot.

A pistol is so hard to aim it's good only for short ranges, out to, say, 20 feet.

The shotgun is a master blaster, devastating up to 30 yards, and nasty out to 50.

If you live in an open area where a rifle might be necessary, the semi-automatic Ruger mini-14 .223 caliber with 20-round magazines is equivalent to a military battle rifle. Yet, it has very little recoil, so even a small person can use it comfortably while being extremely effective out to 200 yards.

Your main objective is to knock the attacker down and put him out of the fight with the first shot. The attacker will be full of adrenalin, so it's not enough to punch a hole in him; you need to hit him hard.

A .38 special produces roughly 200 foot-pounds of force. My wife would tell you that she would not trust her life, or mine, to anything less.

The .223 rifle produces roughly 1,200 foot-pounds, and the 12-gauge shotgun, 2,000 or more.

At short range, the .38 will do the job, unless the thug is hopped up on drugs.

A shotgun blast can destroy anything that walks on land in North America.

Ammunition...

...will last at least 50 years if stored in an airtight container in a cool, dry place.

Get one supply for actual self-defense, and another for practice.

For self-defense, 100 rounds for each of the two or three weapons would probably be fine.

For practice, it's hard to imagine having too much, since supplies are limited and you may not be able to get any for a while.

Practice...

... at least once per week until you are proficient, then at least every six months after that.

Don't be squeamish. Bull's-eye targets are fine for honing accuracy, but silhouette targets teach you where to hit a real assailant.

Conclusion

We cannot have an honest financial system and stable economy when the currency they depend on is corrupt.

There's a lot of evil loose in the land, and I think we will soon see much more. It's unlikely this economic calamity is the trumped up Chicken Little scaremongering you've heard from the mainstream news media in the past. This time it's real, and it's here now. The fiat paper money house of cards is finally collapsing.

Obama's bolstering of the left's hurt-the-rich campaign will lead not only to the destruction of jobs, but to violent attacks on anyone who appears more prosperous than the attackers. Envy rules.

As I said in February, I don't think the chaos will last more than three to five years, but at times and in some places, it's likely to be awful.

You have no obligation to be helpless. Your right to protect yourself and those you love is inalienable. Get the weapons and training you need to do it safely, and do it now while you still can.

Again, this economic crisis is shaping up to be the biggest ever, and 2,500 years of economic history tell us what to expect. In riots, the cutthroats search for liquor and women.

I want you and yours to come through it safely, so I hope you will do what you can to make sure all the women (and men) in your life can defend themselves.

Typically, as a person's marksmanship improves, the fear and feeling of helplessness evaporates. You will see a rise in personal confidence, and this will suffuse the person's entire life, leading to greater happiness and peace of mind.

By thinking things through ahead of time, and being prepared, you increase your chances to be just a spectator in this crisis - and hopefully a wealthier one - instead of a victim.

I apologize for dragging you into a description of unpleasant realities, but you don't subscribe to Early Warning Report to hear about sports and entertainment. As we saw in Hurricane Katrina, when people find out that the government isn't going to save them, they go nuts, and the chaos becomes a cover for barbarians to prey on the helpless. So, don't be helpless.

I think about you and yours all the time, and plan to be here with you through it all. I'm confident the new world waiting for us on the other side of this crisis will be a much better place, and I want every one of my readers to be there to enjoy it.

________________________________________________________________________
Richard J. Maybury
Juris Naturalist

Richard Maybury is widely regarded as one of the top free-market writers in America. His articles have appeared in the WALL STREET JOURNAL, USA TODAY and other major publications.

President of Henry Madison Research, Inc., Mr. Maybury is a world-renowned author, lecturer and analyst who consults with business firms and individuals in the U.S. and Europe.

Mr. Maybury is often compared to General Billy Mitchell. You may remember that Mitchell foretold the Japanese attack on Pearl Harbor; he was one of those rare individuals with the amazing knack for seeing through the "conventional wisdom" and political smoke screens, to spot crucial new trends - the kind that catch most other experts by surprise.

Throughout the 1990s, Mr. Maybury warned about a coming world war between Washington and Muslims, but few listened, just as few listened to Mitchell.

Now, ever since 9-11, thousands have been hanging on Mr. Maybury's every word. Subscribers who have been taking his advice - to invest in things that do well in wartime - have been reaping astounding profits.

Mr. Maybury stresses repeatedly that the war is still quite young, and small, compared to what is coming. He says, "Ten years from now the world, including America, will be greatly changed, almost unrecognizable from what it is today. But those who put their money in wartime investments will be vastly more wealthy, and those who don't will be, to put it mildly, not very happy."

Mr. Maybury specializes in writing about geopolitics and economics, especially those of Chaostan, a term he coined in 1992 meaning, the land of the great chaos.

Chaostan covers roughly the area from the Arctic Ocean to the Indian Ocean and Poland to the Pacific, plus North Africa.

Mr. Maybury is the inventor of the Chaostan model, as well as the Maybury Complete Consumer Price Index, and the New Axis model. He uses these, and others, including the free-market "Austrian" economics of Nobel Prize winner F.A. Hayek, to give his readers information regarding their businesses and investments that they cannot get anywhere else, only in his newsletter, U.S. & World Early Warning Report.

Says Mr. Maybury, "Investment trends are caused primarily by economic conditions, and economic conditions are determined, unfortunately, by that horrible scourge called politics. To forecast what our investments will do we must forecast what governments will do. Every investment analysis should begin with a look at the politics behind it."

The mainstream media pay little attention to the crucial topics Mr. Maybury often writes about, because they simply do not have the training to sort the wheat from the chaff. You have probably noticed that most newspaper and TV reports are heavily laden with "filler." In U.S. & World Early Warning Report you get only insights that are relevant.

In each of his books, Mr. Maybury includes an introduction explaining,
"For reasons I do not understand, writers today are supposed to be objective. Few disclose the viewpoints or opinions they use to decide what information is important and what is not, or what shall be presented or omitted. I do not adhere to this standard and make no pretense of being objective. I am biased in favor of liberty, free markets, and international neutrality, and proud of it."

He calls his viewpoint "Juris Naturalism," meaning the belief in a natural law that is higher than any government's law. This, incidentally, was also the philosophy of Thomas Jefferson, George Washington and the other American founders.

"Let me be very clear about this," says Mr. Maybury. "I'm proud of my viewpoint and do not try to hide it behind a smokescreen of phony objectivity. I believe political power is the most evil thing humans ever discovered. It corrupts the morals and the judgment."

For investors, he says, "Throughout history, and everywhere in the world, where we see greater exercise of liberty, we see things getting better, and where we see more use of power, we see war, tyranny, economic disruptions and poverty. For investors, it's the granddaddy of all no-brainers. Buy where you see more liberty, and sell where you see more power."

"Unfortunately," he warns, "we've all been raised in government-controlled schools, and we've been taught to see political power as our friend, a protector. In fact, power is poisoning our civilization and surreptitiously leading us into wars throughout the region where it is worshiped - Chaostan."

He gives a tip: "One of the easiest tricks for investors is to watch the way power changes flows of money. Move into investments that are on the receiving end of the flows, and move away from those that are on the losing end."

When asked, "So investing is all political?," Mr. Maybury answers, "Well, not all. Maybe 95%, and the more savvy you are about power, the more profit you will earn."

"This is why," he explains, "the political foundation of my investment analysis is not democrats vs. republicans, or liberals vs. conservatives, it's liberty vs. power. Both political parties are on the power side, which is why every election in the U.S. is just a contest between tweedledum and tweedledummer."

Now you know why, over the years, many readers have observed that Mr. Maybury's newsletter is not for the faint-hearted. He looks at investment trends in ways no mainstream analyst would dare.

For instance, "Washington meddled in Chaostan incessantly for more than five decades until millions grew to hate America," explains Mr. Maybury. On 9-11, Washington's enemies sprung a trap, luring us into a giant guerrilla war in Asia. The federal government fell for it hook, line and sinker."

Again, "political power corrupts not only the morals, but the judgment."

"Americans," he believes, "see the war as a problem, but Washington's enemies see it as a solution - a way to keep America tied up so that they can do as they please. Washington's enemies do not want the war to end until America is a backwater has-been where freedom and three meals a day are just memories."

But there is good news, if you are willing to see things the way few others have the courage to. Says Mr. Maybury in his January 2007 newsletter:
"Look back at all the worst disasters in human history - World War II, the Great Depression, the Black Plague, the destruction of the Roman Empire, the Dark Ages, and so on. In every case, while much of the population was suffering, there were exceptions. Some people were in the right places at the right times, doing exactly what was needed to prosper. Most of these exceptions were probably due to luck, but some people were knowledgeable enough for luck to play only a small part.
I think when the Soviet empire began falling apart 17 years ago, the world entered another of those awful periods of turmoil. Already, in that 17 years, more than a hundred wars have broken out, killing more than five million. 1
But, it is possible for knowledgeable individuals and their families to copy the successful exceptions of the past. If you have been following EWR's strategy of investing in things that do well in wartime, you have been one of the exceptions for well over a decade. Congratulations."

Mr. Maybury has written 22 books and monographs and has been interviewed on more than 250 radio and TV shows across America, on topics ranging from monetary policy, investments and business cycles to the geopolitics of the Mideast oil region and former Soviet Union, as well as U.S. foreign policy. His "Uncle Eric" series of books focuses on economics, law and history.

In the realm of geopolitics, Mr. Maybury's insights come not only from a great deal of education, both formal and self-taught, but also from hard experience. During the Vietnam War, he was in the Air Force's 605th Air Commando Squadron, a special operations unit involved in covert warfare in Central and South America. He was a crewmember on AC-47 gunships, and C-46, C-47 and C-141 transport planes, and helped train scores of the CIA's foreign troops from the notorious School of the Americas. He learned first hand the truth of Senator Hiram Johnson's remark that the first casualty when war comes is truth.

Married more than 39 years, Mr. Maybury has lived abroad, traveled around the world, and visited 47 states and 45 countries.

It is this unusually broad and deep "real world" background that enables him to see, like Billy Mitchell, just a little bit more clearly than others. It led best-selling investment author Harry Browne to say, "I was in the financial newsletter business for 24 years, and I still know a lot of people in the business, and I don't know anybody who is as universally respected by his fellow newsletter writers as Richard Maybury is. There is so much competition, and even antagonisms in that business, but Maybury seems to stand apart from all of them."

Do not be left in the dark about changing world events and their impact on you, your money, and your family. Know what others don't, subscribe to U.S. & World Early Warning Report