Counting Down To Terror On Wall Street.

9:30 AM at the NYSE is looming.

Despite the assurances of the talking heads that it wouldn't happen the contagion from the Greek default has begun. Several Italian bank stocks opened down limit and others did not open at all as bond holders began dumping Italian and Spanish debt overnight.

The Chinese markets remain precariously unstable.

Gold and silver futures remain languid after a short but sharp rise on opening is Asia. A sign of growing desperation? Perhaps. Hard to say just yet where the bond dumpers are putting their cash just yet. If the are turning to PMs it wouldn't be the first time the J.P. Morgans of the world issued paper against assets they don't own. The question won't be answered until issues come due.  Will they roll or demand physical or continue to take massive bribes to roll. Depends on how nervous they get over the next week.

One thing is certain. Never underestimate the Central Banks power to extend and pretend.

Here Is A Question.

Here is a question for all the celebrating Rainbow fascists out there.  Mississippi's Attorney General has already said his state will not comply with the SCOTUS ruling; If even a fraction of the other 33 states that have either voted or legislated against same sex marriage take a similar stand just how does the Obama administration think they are going to enforce it? Do they think they can go in and arrest entire state legislatures? What if they send in Federal troops to try and they find their way blocked by the National Guard and State Troopers?  Seriously I don't think this over yet.

The Republic Is Doomed; And Now The Chaos Begins. Rev.2

I give it two months before the militant homosexuals start filing law suits against individual churches for refusing to conduct their blasphemous weddings. They will do this not because that want to be married in this church or that church. There are plenty of Episcopal Churches that have long since sold out their last vestige moral principles to which they could go. No they will be filing suits as a political instrument to try and destroy the Church and Christianity itself. They do not seek to secure their "rights," they seek to destroy the Church as a political enemy, but they are also a useful instrument for power hungry fascists by which they seek even more power.

This is the same tactic they have used to target bakers, florists, caterers etc. who have no doubt respectfully declined their business. The courts have ruled that freedom of religion and individual moral principle be damned and those businesses and individuals now face bankruptcy of their business if not their persons. State officials have decreed, and courts have upheld them that these people must not even speak of the tyranny that has been unleashed upon them!

I have certain doubts that many in the homosexual community want nothing to do with this and just want to lead their lives and go about their business in peace. These militants represent only a small minority of a small minority and a political cancer,

Justice Scalia is absolutely correct. By these abominable rulings the courts are usurping the most fundamental of freedoms.  The freedom to govern ourselves in our communities. Not only is the issue of States Rights a dead letter but now the very concept of "WE THE PEOPLE" has been eviscerated and usurped with a finality that is both tragic and treasonous.

The republic is doomed. When the courts become instruments in the destruction of Churches and individuals who don't practice "the right kind" of government approved Christianity, or dare speak out against oppression, they have stuck their finger into the eye of God and so much as said they no longer want or need his providence or protection. The decay and corruption that took 400 years to destroy Rome will unfold within but a single generation in America.

The destruction will be accelerated by a generation of imbeciles who graduate from our schools charged with emotion rather than reason, devoid of any knowledge of history or civics, possessed of few if any marketable skills and move into the real world with nothing more than a high opinion of themselves and their worth and not the slightest inkling of what that really means.

Ask them how an economy is supposed to work or what personal responsibility means and you will either get a blank stare or a lecture on how everyone's opinion are equally valid.  Or worse a lecture on how Christians are tyrants for standing on basic moral principle but wholesale murder and destruction by a bunch of 7th century Islamic fanatics is not even on their radar even as it happens in our midst.

Well I've got some news for both the political elites who lord over us like medieval potentates and the generations of brainwashed imbeciles who vote for them. It's not the judgment of other individuals or the church that they need worry about.

One of several possible things are going to happen. 1, the unsustainable structures of global debt are going to collapse of their own weight. 2, the naked fascism of the American left will trigger not just moral indignation but a spasm of violence targeting the institutions of a corrupt government. 3, some Islamic madman is going to get their hands on an A-bomb and either launch it or smuggle it into Israel. 4, some Russian or Chinese or Islamic hacker is going to get into the computers of the EBT system and crash it. If you think the violence in Baltimore this spring over the death of one lowlife drug dealer was bad just try to imagine the reaction to no cheetos and orange soda for a couple of weeks.

1, 2, 3 or 4 or some combination there of and utter chaos will ensue. Our global society of moral and physical weaklings have not the faintest idea of how interdependent and fragile our structures have become. I'm not sure if we have reached the point where removing a single brick will bring down the whole wall yet, but I fear we are close, very close.  The government isn't building FEMA camps and stockpiling plastic coffins for an "exercise". Their doing it because they know but don't want you to know exactly what I'm saying. They know that urban chaos can lead to a breakdown in the food distribution systems and that looting would follow. No truck driver in his right mind will drive into places to face hijacking and murder. You wouldn't, neither will they.

I would beg the Lord above to spare us the consequences of this arrogance and corruption, but I think I know what his answer would be. "The Lord helps those who help themselves." So stack and pack and lock and load. Things are going to get ugly, real ugly. It's no longer a matter of if, but when.  We'd all be well served by prayers for the redemption of our souls and for the intersession of Christ's Second Coming. May the "Armor of God" protect you and yours.

Liberal Hysteria and the Confederate Flag.

No matter how one feels about the Confederate flag and the American Civil War (I've made my position clear) the fact remains that if some drug addled would be hippie college student, pumped up on his communist professors rhetoric can burn the American flag as constitutionally protected free speech, then any Southern State or any individual has the right to fly the Confederate battle flag any time they want.

You can't have one with out the other. If either is banned by government fiat then our republic is finished and a new insurrection based on the Deceleration of Independence and the Bill of Right's is justified by the very words of those documents.

The government is already preparing for it perhaps time that all god fearing, liberty loving Americans do the same before even statements like this are branded as treason.

A Liberal Wetdream Come True.

The horrendous events in South Carolina Wednesday evening are a liberal wetdream come true. They now have the right wing, mentally deranged, white guy, nut job that they will say personifies everyone who disagrees with them. This event will be used tar and feather anyone and any everyone who dared to say that the left's cuddling welfare state has been bad for this country.

The fact that virtually every other mass murdering but job has been a raving leftist will become instantly irrelevant.  This one event will outway them all, ten fold. The New York Times, the Washington Post and every other MSM outlet will make sure that this event and every gruesome detail stays front and center and above the fold as long ad possible.  Nothing short of a nuclear blast will get it off the front page.  They won't give a damn about the hapless victims. Their names will quickly be forgotten. The only thing that will matter is how the event can be used as a political expediency.

Southern Conservatives And Complaining About A Self Inflicted Wound.

From the time of the Reconstruction until the election of Richard Nixon the South was known as the "solidly Democratic South" and for the most part comprised the conservative wing of the Democrat Party. Largely this was because Democrats were, well, not Republicans. The largest part of its transition from being solidly Democrat to being solidly Republican came from their inherently conservative natures finally overcoming their loyalty to the Democrats.

In the ensuing 50 or so years the racial/reactionary element of southern conservativism has tempered and as with conservatives elsewhere, become replaced with a general disgust with the hard left turn taken by the Democrat party that left no room for conservatives of any stripe.

There still remains of course a hard core element of southerners who, although they can be depended on to vote Republican, are still driven by a seething hatred of "yankees" and anything they perceive as "northern" culture.  They are imbued with an attitude that southern culture is so unique, so exceptional, so nobel, that it is exempt from a fundamental rule of human existence.  Namely that decisions have consequences and bad decisions very often have bad consequences.

They make things worse by condemning anyone who does not want to hear them crying about their lamented and long lost South. They can't understand that nobody likes to hear their complaining about what is quite simply a self inflicted wound.

Anyone who has taken the time to read the minutes of the Constitutional Convention in Philadelphia will clearly see that the southern delegates were determined  to cling to an agrarian based and slavery supported economy.  They felt that the south had the economic upper hand at that moment and were not about to give it up.

The political rhetoric of Southern politicians in the ensuing 70 years showed if anything, a hardening of this self-serving (to the  southern elite, what we would call 1%ers today) attitude.  The die was cast. A violent confrontation was inevitable.

Times changed however and Hamilton's platform for fostering industrialization and infrastructure development started to change the economic pattern.  Northern mercantile and industrial interests endorsed it whole heartedly and began to prosper even beyond anything of Hamilton's imaginations. But rather than embrace this change, the south, led by its own set of plantation elites, insisted on clinging to a past that had and continued to make them wealthy at the expense of enslaving millions and keeping so many others shackled to subsistence agriculture and at the same time convincing them of its nobility.

Both then and now, the mistake these whiners, and indeed most contemporary observers make and some deliberately so, is to formulate their perspectives within a vacuum of American history and ignore the facts of the imperialist, primarily British imperialist world we lived in.

During the first half of the 19th century Britain was years if not decades ahead of most other nations in what we now call the "industrial revolution" and concentrated on textile production.  Securing a near monopoly in this industry required that they gain control of the world's raw cotton production to feed it gaping maw.

This they did by securing control of Egypt and its cotton, and its short land bridge between the Mediterranean Sea and the Red Sea.  This greatly shortened the route to India where they were busy not only consolidating control over the subcontinent and its large cotton production but shutting down almost entirely native production of wove cotton cloth and finished goods.

This led to massive unemployment and starvation.  Malthus then used these artificially and deliberately created conditions of deprivation to launch his brutal, racist theory that it was "over population" not British imperialist manipulation that led to starvation.

With control of Egypt and India secured that left only the Americans with their Southern supplies of cotton and its fledgling but growing Northern textile industry as obstacles to their global domination of the industry.

It's no secret that British elites still resented the execution of Major Andre and the American's success in securing their independence.  The military conflict may have ended in 1783 but economic warfare continued and flared into renewed warfare in 1812.

By the late 1850 the course of compromise in the American regional conflict had exhausted itself and the British Empire was more than ready to exploit it for their own ends. Although not a leading factor in the conflict they had been more than willing to funnel monies to both the Southern secessionist movement and the Northern abolitionists.

It was clear to the British that a growing and unified American empire would eventually become a challenge to British international hegemony.  If exploiting the American conflict furthered their national imperialist policy and their economic goal of monopolising the cotton trade and textile production all the better.

After the North's declaration of a blockade of the Southern ports, smuggling arms and ammunition into the South became an active adjunct to those policies, but neither active intervention on the South's behalf nor diplomatic recognition was yet a risk the British were willing to risk.

Although the Crimean War had ended in a British and French victory over the Russians it had exposed that the British army, that had been largely idle since the end of the Napoleonic War, was ill prepared for a major conflict. That and thousands of troops and sailors already spread out across a growing global empire lent the Parlament to caution.

They were however fully aware that if the South prevailed they would extend their influence over the final source of cotton. They would quite naturally then become the South's preferred customer and would strangle the North as a competitor.

So their you have it.  Bad decisions and bad attitudes, exploited by a relentless and powerful enemy, created a toxic mix, the effects of which still lingers to this day.  I'm only a historian who has family roots that run deep into the soil on both sides of the Mason Dixon line. Indeed there is a congeniality, warmth and loyalty in the South that is different than that found elsewhere in America.  There is also stubborn and closed minded streak among many that I still cannot fathom even after having lived here for nearly forty years.

I can only present the facts as I understand them and try not to express any resentment for those who would ignore the facts that don't fit into their narrative. They are what they are. Neither accepting them nor rejecting them changes them in the least. I'm old and don't really have any political agenda in this regard.  I do know that their are and always will be, those who will be willing to exploit ignorance and hate for their own agendas and advantage.

I'm not a psychologist, so I cannot say or predict what it will take to purge the poison from our collective conscience.  I can't even say if it can even be done.  Like with most any other change, for it to be positive in nature it has to be undertaken on an individual basis and said individuals have to want to make it. Education as to all the pertinent facts is a necessary first step.