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The Solari Report – 18 June 2009

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I was speaking with an energetic healer this week and mentioned that the shock doctrine is about to roll out in the United States, starting with California.  She said, “looks like we need Grizzly Bear magic,” referring to the grizzly bear in the California state flag.

On this week’s Solari Report, I will be reviewing what is happening in California and how citizens can take action to prepare themselves. The banks are now flush with cash and some of them are out from under government restrictions. A great deal of money has been amassed. Will they finance real estate developers on a shopping spree for state parks and facilities? Will a wider understanding of California’s situation put additional pressure on the Treasury bond market and the dollar globally?

In the meantime, best to be prepared for what several budget cycles of severe state and local budget cuts could mean – whether to local services, the economy, or the municipal bond markets. This month, Californians are most at risk. However, the U.S. state and local government budget crunch is a financial wave coming to your door. This wave will have a dramatic impact on most North Americans and could fundamentally alter the relationship of American states with the federal government. This wave will reach beyond North America, impacting the global economy in significant ways.

This week’s Solari Report will come to you from Tucson, Arizona where I will be speaking at the Institute of Noetic Sciences conference. I will cover other developments in our extended segment of Money and Markets, answer questions in Ask Catherine, and then address the California situation.

In our Let’s Go To the Movies segment, I will review Welcome to Mooseport, a comedy in which Gene Hackman, the retiring President of the United States, runs for Mayor in Mooseport, Maine and gets an education in the intimate issues of local governance and budgets.

If you are a subscriber to The Solari Report, you can post your questions at your private panel or feel free to also post them at this blog post. If you would like to learn more about The Solari Report and subscribe, click here.

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View Shock Doctrine California, Parts II & III

9 Comments

  1. California is much bigger than Guernsey Island, yet cannot use Guernsey’s simple example as a way out of crisis.

    Oakland has to submit a 5-year plan to get “Federal” money -which COULD be simply created for the purpose, had central bankers not long ago won that long fight for monopoly on money creation.

    That monopoly is the cause of crises such as the current ones. Most people don’t understand it but it’s deceptively simple: Human endeavor & interaction is mostly governed by money, and money is a magical device whose power has been usurped to serve a power elite. Crisis can easily be engineered to further consolidate power, and it is happening all around us.

    Instead of going further in the hole by issuing IOUs, California could be issuing its own money, debt free, and creating out of this crisis a new prosperity, as was done on Guernsey and numerous other examples in history. But of course this possibility has been pre-empted. Money itself now rules. Corporations are soul-less instruments of the artificial system of values money has become. Corporations are immortal and powerful with privileges and rights beyond those of humans. Humans can only serve this crass and destructive agenda or dry up for lack of funding.

    The task is not to find humans to blame, but to understand the problem as an artificial one, created by humans YES, but now no longer beholden to human values. Humans could yet kill the beast, but that would require agreement as to what the beast actually IS. The beast is our beastly debt-money system, pure & simple. The governator may not even realize he is a pawn of that system, owing his privilege to his willingness to do its bidding.

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