Page Two In 1929, America spiraled into a crash. It took several years before everyone knew they were affected too--not just those invested in the stock market. Banks didn't close until several years later; then, the depression hit hard. Since then, however, laws and regulations were passed that affect how the financial system operates. Safeguards were put into operation regarding the banking and securities institutions. Banks and the business of banking were separated from the stock market and stocks also. It was learned that this Great Depression was caused by the cyclic nature of the stock market. When there is a great downturn, the resulting bear market can result in a collapse of the entire economy that can take many years to overcome. In great downturns of the past, very little citizenry was invested in the stock market. In the '29 crash, as now, practically all the average citizenry was involved in some zmanner in the stock market. Hence, in past major downturns, the entire economy was not affected, except the '29 crash.  People were invested, but they held portfolios that were widely diversified.  Now, it is just the opposite. The U.S. citizen today is heavily or totally committed to the stock market in terms of stocks and mutual funds (which are a function of the stocks). In the past, they weren't; the exception, 1929. And, another distant drum has been beating on the horizon. Banks and financial institutions have gradually drifted into the 1929 way of doing business--they are back heavily into stocks and the stock market. And no one is calling them down for this!  Think about it ...  just think about it!   ...in the light of what was just immediately given, you can now see why America is Picnicking on The Banks of Hell. The people in the stock market think they are in a savings account.  They think the institution is regulated ....'tisn't.  They think their principal is safe ... no way!  They've got their life-savings tied up in the market...they have borrowed to the max on their credit cards to invest money in the stock market...bad scene.  All of this, folks, and more, spells d-i-s-a-s-t-e-r. Banks: Do not have the control over individuals' money, as do mutual funds. They are tightly regulated by the FDIC, the Federal Reserve Board, and the Controller of the Currency. They can lend only a percentage of their portfolio to a borrower. Loans are carefully scrutinized, monitored, and evaluated. They are regulated, have bank examinators, and are "under constant supervision." "Yet, banks fail and fail big."-- WSU Sources: (1) The Wall Street Underground, April 1998, Vol. 3, No. 11, 612-890-3553 for subscription. (2) Total Collapse--The Financial Crash of the Millennium, by Steve Puetz, call Investment Rarities Incorporated, 1-800-328-1860, ask for James R. Cook, President...tell him we sent you. (3) Michael W.Haga's After The Crash--Life in the New Great Depression, 1-800-323-3523. (4) At The Crest of the Tidal Wave by Robert R. Prechter, Jr.; (770) 536-0309. (5) America in Depression: The coming Economic Collapse by Dr. James R. von Feldt and Ronald S. von Feldt; (703) 922-9138. (6) The Death of the Banker by Ron Chernow.  Vintage Original, publisher; a division of Random House, Inc., New York., July 1997; Random House Web address: http://www.randomhouse.com/ Picnicking On The Banks of Hell Most people do not know, and you may be one of them, that the mutual funds have no regulatory body over them. That should be scary to you if you are invested in the funds. The reason you don't know these things is because your mutual fund has been orchestrated to look like a savings account. Instead of using the term "speculating" in the funds; you are "making deposits" in the fund. They're geared to look like what you are used to from your old bank savings statement: They allow withdrawals via check writing and credit cards.  America is picnicking on the Banks of Hell and doesn't even know it. The mutual funds have convinced the public that putting--not investing--money in the funds is savings. Ladies and gentlemen, this is a myth. They have further convinced the public, through clever, legal language (that protects them, not you) that: If you sustain losses, somehow those losses are insured. The Stock Market can only go up; not down. The world has changed and there are safeguards in place since the 1929 Crash. You will receive a 30% -- 35% compound--every year--interest return on your "savings." Look at the latter this way.  Wall Street is creating new millionaires on paper, everyday; somewhere around 60 million according to WSU.  This is the problem: The share prices of the companies people are investing in doubles every two years; but, The companies are only making profits to "justify doubling every 30 years or more." In the October 1997 issue, Vol. 3. No. 8, Nick Guarino, WSU editor, writes: "Based on earnings, it should take 30 years to create this new stock market wealth. Wall street is magically doing it in one year.  Think about it.  Wall Street has priced 30 years of earnings into one year of stock market gains. "Now you know the secret of why the stock market has to crash. The stock market has already factored in 30 years of perfect news. It has convinced desperate mutual funds buyers those profits will be realized in a year or two. But the [real] world just doesn't work that way." Remember!   It is better to be out of the stock market a year too early, than a day too late.  According to our sources, most think they can get out in time when the crash starts.  Many, if not all, may be in for a nasty surprise.  In fact, very few realize that in order for them to "cash out," the redemptions they want, first the stock has to be sold for cash money. If all is crashing down around them, and no money is left in circulation to buy the funds/stocks/etc. by others; or investors won't risk buying in a major down-turning market, then you get NOTHING.  This is what Fleet Street Letter (Investor's Forecast May 27, 1998) writes: "Taking money out of a mutual fund is very different from taking money out of a savings account.  The only way a mutual fund company can redeem shares is by selling stock. Mutual funds are the biggest owners of stock by far in this country. When they start selling, it's like a whale getting out of a wading pool.  All of a sudden, the water level drops. "In plain words, the whole stock market collapses.  First, prices for the most vulnerable stocks fall: the retailers, the casinos, the high-flyers.  But soon, almost all stocks are spiraling downward." Again, it is pointed out by The Fleet Street Letter: "Mutual Funds Are Not Savings Accounts" They continue by saying: "As people cash out, funds have to unload a lot of stock to pay them off. The result? Stock prices fall down, down, down. "Remember, we're not talking about investors who can sit back and wait a few years for stock prices to go back up. We're talking about ordinary Americans. They need their 'savings.'" At this point, we wish to interject something for you to think about:  The statement ... "Invest for the long haul."   WSU (April 1998, Vol.3. No.11, 612-890-3553) and others have repeatedly pointed out: "Folks, speculating in mutual funds in NOT the same as putting money in a savings account.  The public does not realize they risk their principal in mutual funds; that there is no insurance; and that stock markets always suffer severe downturns [WebMasters Note: They are cyclic].  You may postpone the collapse, but you can never prevent it.  Stock market mutual funds are speculation, not savings. "Mutual funds counter this argument by saying 'invest for the long haul.'  Those five words are the most successful advertising campaign in history.  Reality is, investing for the long haul does not solve the grave problem that stock markets go down as well as up; they go down a hell of a lot faster; and they stay down a whole lot longer than anyone can afford to wait." The WSU continues by writing: "If you can wait 50 years, maybe you can get your money back.  Even that is not guaranteed.  Remember in real terms -- and that's what counts -- it took 65 years to break even after the 1929 crash.  For most people, the long haul for a stock market, after a major collapse, is a lot longer than they will live." At this point, note, that this will be the "Mother of All Crashes."  Thus (50 -- 65 years later), most of the companies that issued the paper will be out of existence--even if you waited through the long haul, you'd still be holding worthless paper. The Fleet Street Letter continues ... "Mutual funds are required by law to give it (money) to them, but as the market drops, the value of their 'savings' falls. And here's where some frightening arithmetic comes into play:  The average American family has only about $10,000 in net financial assets, mostly in stocks owned through mutual funds. "They also have credit card bills and mortages to pay, kids to put through school, and all the other ongoing expenses of a family.  When they sell mutual funds, it drives the market down dramatically. The Anatomy of The Crash and Its Financial Wipeout Most Americans have little or no savings in a bank... it's all in the markets, especially mutual funds.  With what is coming, the "immediate financial effects will take most people by surprise, " writes The Fleet Street Letter (TFSL) Investor's Forcast of May 27, 1998.  Other top financial letters echo the same sentiments, as well as your WebMasters. What is occurring is that most Americans are, in effect, using their credit cards to finance their venture in the funds.  They are buying things--lots of things--on credit cards.  This is credit card debt used for consumption, whereas the money they have left over after taxes, etc. -- take home money -- is not used for items of consumption, nor is it going into a bank savings.  That money is going into the mutual funds market. TFLSL says it this way: "Credit card debt is used entirely for consumption, not at all for investment, and hence is completely non-productive. It is also among the most expensive, with interest rates 10 - 15 percentage points above the level of inflation. This helps to explain why bankruptcies in America are now approaching 1.4 million--more than 5 times the level of 15 years ago.-- August 1998, Volume 61, Issue 8. Years ago, it was ascertained by economists that the severity of recessions, depressions, layoffs, and the like, is a function of the amount of debt that is outstanding in individuals, corporations, and so forth, when those recessions... begin.  On this basis, and what we have just written, you can immediately see this coming crash and its resultant financial wipeout will be the "mother of all wipeouts."  It could precipatate a new dark ages for years and years; the end of the stock market, and/or be the stage for the New World Order to make its immediate appearance before things drop too far, too fast, from the lifestyle most in the world know. When people start feeling the effects of a market downturn, they do what?  They immediately cut back on spending, such that this is felt in the manufacturing world with its resultant problems ensuing.  With a 10% downturn, it is not enough to cause a "run" for the funds, en masse. However, they have to draw on their so-called savings in the mutual funds and this necessitates a call to their 800 number for redemptions of their shares to get needed money to live on.  Or, since funds have been orchestrated to look like bank savings accounts, they can simply move the money--funds have to be sold to get this money-- to a money market fund and commence writing checks on it. Well, this all sounds pretty good, but what follows is what you probably don't know and have not been told! When the market falls 20% - 25%, a mechanism kicks in that has never existed before.  More people need money, and fast, thus, redemptions swell, so far, so good, mutual funds are now forced to sell.  This means they must redeem, for their clients, more and more shares of the funds' backing, which is stocks.  In order to do this, the funds now have to sell into a falling market!  What happened in 1929 was not funds, it was trusts.  Such a cascade of events has never happened in a mutual funds market.  ...And remember, throughout all this, your MONEY is not insured, not even the principal. Now, we're getting into the crux of things.  "Remember, funds must honor redemptions with cash. At best, they have pennies on the dollar in reserves to do so: most funds are 100% or nearly 100% invested in the stock market.  Mutual funds will have to sell stocks en masse, to meet their investors' demands for cash," writes Nick Guarino in WSU of April 1998, Vol. 3. No. 11 (For subscription: 612-890-3553). Now, consider this: When no one can buy; or investors stop buying, while a market is falling quickly, implies you have a "Total Collapse" developing.  If this be the case, and there is no extra money to be found by the market managers and/or buyers, then you stand to lose everything you have in the funds. Guarino writes, in the same issue: "Mutual fund investors, in essence, have already been wiped out.   Now we're just waiting for the market to inform them of the tragedy that's already occurred.  Their money is gone. When it comes time to cash in their worthless fund shares, they will lose everything." The problem will go like this, he writes: "Mutual funds know they have problem [sic]. They have set up huge lines of credit with the nations's major banks. As collateral, the funds put up their existing portfolio. This lets them borrow against their existing portfolio, to pay back investor withdrawals. "Just two little problems.  First, banks give credit as a percentage of the stock value the funds hold. In a major downturn, the value of those stocks keeps dropping [you see, the funds' mangers get less money to pay you for your redemptions].  The funds' line of credit shrinks, at the very time they need that money the most   [This means, someone's going to get hurt and bad]. Now, the interesting thing Mr. Guarino points out, is that when the portfolios of the funds drop just a small amount, say 10% or even 15%, this borrowing mechanics of the banks lending a percentage of the funds portfolio is still operative; but, when the stock market spirals into a major downturn, then, "Katie, bar the door."  A point of no return exists for the funds; their base, the stocks as collateral that the banks want to lend upon, now drops so far, so fast that the funds can't borrow enough to meet the cash-outs! As the cash-outs get bigger and bigger--more people now wanting out of the market and now realizing that a "day too late" could occur at any moment--the lending institutions, namely the banks, begin demanding "the funds shore up their loans, because the value of the collateral is falling. So the funds not only have to sell stocks to pay off shareholders; they must sell stock to pay off the banks. This forces the funds to liquidate even more stock into the falling market [the market is now running out of control and spiriling downward]. This makes the downturn even worse." Mutual funds have no cash reserves.  Assumptions are made, optimistically, of course, on past experiences reflecting downturns that they should have 3% reserve in cash--the truth of the fact is: they have none. WSU says to give the funds the benefit of the doubt, in that if the market drops to 8300, this uses all available cash they have.  When the market reaches 7600, the credit lines from the banks, we spoke of earlier, are now being strained heavily.   And this is where the rub starts: "... redemptions come so fast -- the value of the stocks drops so quickly -- they have no choice but to sell huge blocks of stocks.  Despite the funds' borrowing, their collateral base falls quicker than they can borrow money to pay back investors." Get it: As the market falls, and its stocks in value too, the funds can only get less and less money because the basis (collateral) of the amount of money they receive from the banks drops too; thus, less money available to those wanting redemptions. This is why a year too early is better than a day too late.  The WSU says it beautifully.... "This is where you achieve terminal velocity. Where mutual funds have no choice. They must do the most dreaded act of any fund manager.  Something these guys wake up at night in a cold sweat over.  That is forced liquidation of mutual fund holdings, to meet investor redemptions in a collapsing stock market." Now, the problem exacerbates. Second, the banks start going under, then the insurance companies; next the pension funds; and finally the companies themselves that built the stocks, like GM, MicroSoft, and others. You saw the first problem were the "cash-outs," in a major, downturning market.  Remember!  A boom market is always followed by a bust.  It will operate something like this: In a market that has reached terminal velocity in its fall, then the "value of the banks' mutual fund loans plunges."  Now, here is the second problem, "banks have staked a huge part of their business on these fund loans." Without warning, the value of the stocks the banks are holding that backs them has suddenly become worth only "a fraction of the amount they loaned."  And, if you recall, the banks are not supposed to be in the stock business as such.  This was one of the checks and balances brought about after studying The Great Crash of the 30s.  Recall from above, they have gradually gone back into stocks and the market.  We now have a perfect recipe for the greatest crash of all times. So, not only do the investors lose, the banks too.  Why?  In addition to what was just given, the mutual funds can't pay back the bank loans (or quickly enough) to save the banks.  The largest banks in America will tumble also, and this crashes the total system of banking.  But, to make matters even worse.... Not only are banks into mutual funds, insurance companies are too.  And they sell enormous amounts of mutuals.  And, as the old adage says, "What's good for the goose, is good for the gander," Their mutual funds are tied to retirement plans and annuities. Those are guaranteed instruments.  But when the market goes, so go the guarantees, along with the insurance companies. Now are you seeing why we have said your pension plans, retirement funds, 401Ks, and IRAs are going too.  Because whether they are from the banks, government sources, or insurances companies, or wherever, they are heavily, "almost exclusively" invested in stocks.  When the terminal velocity starts, they get wiped out too.  At this point you may need a breather to digest the seriousness of all this; go get a cold drink and when you finish this page, you'd better go to our "Gold" page from Menu, then our "Survival," and "Total Collapse" pages too. We recommend Investment Rarities Incorporated at 1-800- 328-1860.  Ask for gold/silver specialist (broker) Ellen Petty. She knows the protocol we are recommending for the coming Total Collapse.  This will save you from having to do a lot of talking and explaining.  No high pressure.  Tell her Charles and Kathryn sent you. The Wall Street brokers, in this market, have committed practically everything.  "They will be ruined in a flash," says WSU.  You will see them jumping out of windows or committing suicide as they have recently in Japan. Through all this, you will see the companies that make up the stocks and the market, slip into oblivion. So much for the long haul.  The April, 1998 issue says: "Right now, they are enjoying virtually unlimited stock market capital. They use that capital to buy companies; to puff up their asset base and earnings; as compensation for their employees.  The crashing stock market will change all that." Incidently, we suggest you not take stock options, but take the cash and turn some of it into Gold and Silver, and Platinum. With stock options, you are only a paper millionaire; CNBC regularly points this out that "the number of Dell Computer employees who are millionaires on paper because of stock options." ...when the truth finally arrives, it will be most painful, "especially for the Dellionaires," as they are called. Source:  The Fleet Street Letter, August, 1998. Once the stock market (DOW) reaches 20% to 25%, a wipeout plunge will begin to 40% - to- 50%.  This would take the DOW below 7000, more like to 5000 to 5500.  Everything starts coming apart here.  But first, let's give a quick, immediate review for this understanding of a total wipeout. We shall use Nick Guarino's, The Wall Street Underground, April 1998, issue, Vol. 3. No. 11. (For subscription: 612-890-3553), as resource material, as well as numerous others--see above, because he brings it all together nicely.  We highly recommend him and these sources in these last days for advisement prior to the next, great crash. Quick, Immediate Review In a bear market correction, the effects of a populace that has panicked is not calculated into the sell orders (liquidation).  The devastation is not figured into its calculation.  This will result in trillions of dollars lost by the big "boys,"--investors, as well as banks, insurance companies, and any other institution that has delved into the folly of derivatives--a tricky thing, at best for the experts.  Those trillion dollar derivatives are held by mutual funds, not to mention other institutions too, in their own deals, yet, all intertwined.  One goes down, they all start downhill. Compared to the 1929 Crash, the stock market lost 90% of its value. In parlance to today's market, the DOW would plummet to below 900! WSU says that in a normal bear market, stocks would fall to less than 5 times earnings.  This would take the DOW to something like 1500! Well...Life in the U.S. as you have come to know it would totally cease because the U.S. economy and most of the major players, if not all, of the market would be long gone, way before the DOW sinks that low. The funds have had great luck in several things: (1) convincing you there are no real downturns anymore. Markets only climb, generally at the 30% per year rate we spoke of earlier that would make you an eventual millionaire. Hence, you don't need protection from the market; (2) enormous success at getting most of the nation's money into the mutual funds.  Why, they have even convinced children it is child's play and have them playing the market with the help of their school teachers.  What most people don't know is that it takes years of study and expertise to understand the market and play it intelligently.  But, most have been convinced to get in for the long haul and not worry; it will take care of itself, and some have made paper profits. Guarino writes, now get this, "Until now, less than 10% of the country's wealth was invested in the stock market. A stock market downturn, bad as it might be, affected only about 10% of the economy. "Now, one way or another, 60% - to - 70% of the country's wealth is tied up in stocks.  30% of individuals' wealth alone is in the stock market.  Stocks make up the largest single investment for the average American.  They represent close to 100% of his liquidity."  Even if you're not in the stock market, you are going to be affected, as we will point out from Michael Haga later. The problem intensifies because the overall percentage of wealth in America of the average individual, even if he is not in the stock market, is still affected in this manner. His retirements, pension plans, bonuses, and his future income are tied to the stock and stock options of the market. Even the raises you get from your company, more often than not are tied in there--they are invested there, to pay bonuses; even your medical plans and incentive programs, most, if not all are based on the activity of the stock market.  Now do you see, you are INVOLVED, and heavily so. And what affects the market is going to effect the average citizen whether he is in or not in, physically, the market. Oh, you're not in the stock market, and you own your own business. Well, most of your customers are, as well as your suppliers.  What affects them is going to affect you; there is no way around this. Nick Guarino continues by referencing the banks next.  "Insurance companies, and annuities," he points out, are tied to the market.  As their value in stocks goes up, this gives them the needed capital to work. If that appreciation goes down, then the capital that the stock market is providing, disappears too. At one time, in the past, practically no banks got money from the stock market; it came from deposits, loan interest, and things of that nature. Now, most of their working capital comes directly from the stock market to do what they do; especially leveraged money and derivatives. If this dries up, they go bust, and fast. Regardless of regulatory boards, FDIC, and so forth, they can do everything right and still make you a pauper along with them. If a business or corporation needs money, big money for big things, they get it from the market. At one time, all of it came from bank loans. But now, it is raised in the stock market...and when the market goes, so goes the source of capital, and the corporations. It is interesting, at this point to recall, in our third book, The Two-Fold Chastisement: Visions of The Coming Earth Changes, numerous holy saints over 1400 years ago were given a peek into future events by Christ, and they said, "In the latter part of the twentieth century, there will be a world-wide financial crisis!" Reading Michael Haga, 14 centuries later, we find he describes almost the same things and events these saints saw, at a time when they could barely think about what they were going to eat the next day or where the next meal was coming from, but they clearly saw our time. The Gross Domestic Product (GDP) replaces the Gross National Product (GNP), which was the total national output of goods and services valued at market prices.  GNP consists of purchases of goods and services by consumers and government, gross private domestic investment, and net exports of goods and services.  It measures the output of labor and property supplied by U.S. residents. In, America In Depression, The Coming Economic Collapse, referenced earlier, the GDP is essentially the same as GNP except for one variable. It does not include exports of goods and services.  Therefore, it is slightly lower than the GNP.  They are almost idential. Now, bear this in mind: All markets always have volatility; they are beset with major downturns eventually.  This is important, what follows, because it affects the whole of America. "Every 10% drop in the U.S. stock market will take close to 1% off U.S. GDP.  So a 20% drop will send the country into its worst recession of this decade.  A 30% drop plunges the economy into a depression," the WSU says in its April, 1998 issue. Furthermore: "A 40% drop (just a small correction compared to the rally we've had) brings on a depression, the likes of which America has never seen.  A 50% or more drop in the DOW wipes out the U.S. economy.  It topples most financial institutions and banks. "That kind of drop wipes out the dollar.  Banks close faster than the Fed or U.S. government can keep them open.  America as you know it grinds to a cruel, screeching halt." [At this point, we'd like to point out that most, if not all of our sources, public and private, contend a new dark ages may be ushered in with this coming Great New Depression, for a time] "The WSU finishes this topic by saying, "All because at one time the stock market represented just 10% of the economy, and now has swollen to 70%." The Market of '29 Compared to The Market of Today Three things, in essence, brought down the 1929 market: Tremendous Over-speculation. Vast Over-investment. Vast Over-valuation (shares, real estate, etc.) With these three things, the market could not sustain itself. People did dumb things and they lost sight of value and "sense" of balance. The following is what Forbes magazine wrote, just four months before the 1929 Stock Market crash: "For the last five years we have been in a new industrial era in this country. We are making progress industrially and economically not even by leaps and bounds, but on a perfectly heroic scale. Again, Forbes wrote in October 1968, the following just before a six-year slump began that saw share prices shoot down by 60% in actual terms. "As the result of all that has been happening in the economy ... during the last decade, we are in a different - if not a new-era and traditional thinking, the standard approach to the market, is no longer in synchronization with the real world." ... have you noticed similar in the media recently .... Dear "Abby," Abby Cohen, the darling of Wall Street, says the American market isn't really going to be bothered by the Asian crisis; we may suffer a minor correction, but, in effect, the market will go up...up...up. On July 28th and on the 30th, The Wall Street Journal reported on two editorials.  The first article reported what the director of economic studies at the Brookings Institution, co-authored with a professor of finance, who is the director of the Financial Institutions Center at the Wharton School.  They feel, and remember, these are two of the "nation's leading academic scholars," that "sources of structural fragility [the stock market] have been substantially, if not totally corrected, [this makes] a repeat of the hair-raising events of 1987 highly unlikely."  See, they don't recognize the possibility of a market collapse now. The second article, quotes an MIT professor of economics as saying, "The expansion will run forever.  The U.S. economy likely will not see a recession for years to come."  He says the reason is "We don't want one, we don't need one, and as we have the tools to keep the current expansion going, we won't have one ... [the] policy team will keep it from happening ... The market won't melt down... Just-in-time policy levers give the present expansion years of life.  A recession would be an unforgivable mistake." WOW!  Is all we can say to that one. In the Japanese market, they did so well with vast over-valuations, speculations, and investments, it brought them down.  They came over here, bought real estate, the same in Japan, and elsewhere, at many, many times its value.  Empty buildings are sitting, newly built, just waiting for tenants all over the Asian markets, that will never be filled--they too, lost sight of value and "sense" of balance. In 1929, practically everyone was playing the market, from flappers to gin mills to "knowledgeable" investors.  The same thing is occurring now.  Taxi cab drivers are giving "savvy" investment protocols, as well as high school students, on to the "knowledgeable" Wall Street investors. Investment clubs have sprung up all over the place with suddenly .... suddenly, housewives, firemen, and police officers "knowing" all the ins and outs of strategic investments.  We are picnicking on the banks of hell and don't even know it. What has this done to the current market:  It has driven it higher, out-of-proportion. In 1929, they paid a terrible price for decades for their folly; we are about to experience the same here.  Nothing has changed this time, only the players. Overvalued markets do one thing--they eventually crash! This crash will be bigger and worse, and last long, because it is "Mother of Over-valuations." A stock market must be priced in real valuations. But, in this market, it is run by trillions of dollars by various entities that use this money to "buy the market ever-higher," reports the WSU. Martin Weiss, editor of Safe Money newsletter points out: The Japanese stock market has already fallen 67% measured in yen. It's down 83% measured in dollars. This is one of the great stock market crashes of all time, and it's happening right in front of your eyes. The last time we had this situation was in '29. Only then, the stock market crash began in January, in London. The crash quickly spread to British real estate, and their banks started to go south. For nine months, London stocks and real estate continued to plunge -- while the DOW continued to soar to new highs. Then, in October, when the British banks began to sell their US assets, the US stock market began to stutter and stumble. And of course, on October 21, the party came to an end. That was Black Tuesday, the day the great crash finally rolled across the ocean and reached New York City. Unfortunately, that is what's coming again, today, when Japan's failing banks begin to sell their one great asset that is still ripe for profit taking -- US securities. No Amount of Money Exists To Bail Out the Mutual Funds The reason is simple:  The higher the market rallies; the more money it takes to keep it there, and you now understand the bank's role in bankrolling the funds--the collateral situation as a function of the existing portfolio.  Remember, the loan is based on a percentage of the stock's value in the borrowing entities' portfolio.  Well 'n good, as long as no downturns occur.  But, downturns are inevitable in markets, as you now see.  And, WSU clearly points out that, "For stocks to go up by the same percentage amount, they need twice as much money flowing into them." So, somewhere in between those percentage points, as the market goes up, it demands "more money to sustain itself.  When the collapse commences, an even greater mount of cash will be demanded to uphold the market---it doesn't exist, recall the banker's call to the mutual funds to shore up their loans.  Where are they going to get the money from? Not the banks or other lending institutions, they're in trouble too, by now.   Hence, we're picnicking on the banks of hell with no where to go but straight down. You now see the precarious situation the U.S. is in with regard to the mutual funds and consequently, the stock market. This extreme amount of capital flowing into the market funds has resulted in this working capital driving the shares of funds, stocks, and real estate, up and up, beyond the real value of their worth.  Without real value, as Robert R. Prechter, Jr, of The Elliott Wave Theorist [$233/yr.; 800-336-1618] is fond of saying, this "house of cards" will soon tumble into a morass of ill-liquidity, wiping out the market as it does, and sending our economy, and taking the world's with it, into the mother of all depressions.

Page Three Financial WipeOut: How The Events Will Unfold A 10% Drop With the 10% drop discussed earlier, the DOW is a ho-hum event to the regular media.  They have bought the traditional line that the Wall Street spin-meisters have been spewing out for the last 8 years or so; the market can only go up.  "Let the good times roll." However, on Wall Street itself, deep in the inner sanctum of its skyscrapers, huddles will be formed, mapping out strategies to keep the money flowing and the press releases favorable. This is when business entity after business entity will start a massive buy-back of stocks. The corporations hope this will buy some time and thus, they never really have to complete the total majority of buy-backs. Then, WSU writes in the April issue, 1998, Vol. 3. No.11, 612-890-3553: "Traders will go into a siege mentality.  They will have used all their available cash. Now they must borrow and leverage even more, to try and buy the market up [remember we spoke of this recently and this is what they have been doing all along]. Problem is, the money they need to buy their way out of the next downturn does not exist [recall the banks, collateral, and 'shoring' up the loans--no more money from the lending institutions, especially the banks].  They have over-valued stocks by too much [Their chickens have finally come home to roost!].  They no longer have the necessary resources to bring the market back. Nick Guarino points out that he is well-aware that the market has gone through 10% downturns in the past, but, here's the rub--the market is practically higher than it's ever been, and 10% of that high is a very big number.  Psycho-dynamically, if the market is 2000, then 10% is only 200; but if the market is 9000, then a 10% downturn is 900.  People react to the numbers.  Also, he astutely reminds us: "Other drops came when money flowing into mutual funds was increasing.  Now IRA season is past.  U.S. and global economies are starting to slow down, due to the Japanese/Asian crises [so much for Dear "Abby"].  The capital needed for such mega-market-lifting operations is no longer available. A 15% Drop When a downturn occurs at this percentage drop, you will then see the public relations teams from the mutual funds and Wall Street hit the medias:  the press, TV, and radio, will be used to still the nervous investor.  Those of you reading this page, be ready for it; this is going to be interesting. Remember, you've been told what's going to happen, so you should not be gullible and fall for the Wall Street P.R. team's promises to keep getting your hard-earned cash for a falling market.  There is still time--losses are occurring, however,--to get out without losing everything.  Depending upon when you got in, you may still have some principal left; or even some profit.  Only you can figure this. One thing you can be assurred of, the P.R. campaign will remind you that you are "investing for the long haul."  But you know about that now, don't you.  At this point, we'd like to say, greed will keep most in the market, and greed will cause them to become paupers overnight, especially the average, naive investor. Signs to Look For Auto and housing sales turn down slightly. Loan institutions, especially banks, will be slow on approving loans. Interest rates will be forced up as your most intelligent and savvy investors start buying protection in things with real value. You will hear rumors of really big investors secretly buying precious metals, such as gold, silver, and platinum. Internet stocks and high-tech fancy stocks will begin to fall. They will start losing their hold on people. The media will broadcast interviews from brokerage houses with the average street John or Jane Doe exclaiming, "We're in for the long haul, and looking for bargains." A 20% Drop Nick Guarino of the WSU, April issue, 1998, Vol. 3, No. 11, for subscription: 612-890-3553; says, and we continue paraphrasing here: Now, "things get dicy."  The funds come on with the big guns--the presidents and CEO's of the stock market's largest corporations come out of hiding and make their presence known.  They "make the talk show circuit, assuring the public," everything is all right. The President will go on public media talk shows, also reassuring the confused and frightened public there is nothing to worry about.  The economy of the U.S. is strong and so are the markets. Religious leaders, politicians, movie stars, and other famous personalities also make their appearances in the medias, touting their faith in the economy and the stock market. However, the reality is that when there is a 20% downturn, the inner sanctums of the stock market, and especially the mutual funds, are roiling with panic . The cash-outs are now threatening the very life of the fund managers and the funds themselves, some will not survive.  Now, and only now, do we start hearing the truth, of what we have been telling you.  Namely, "the sins of the mutual funds start bubbling up the to [sic] surface of the cesspool." "It's easy to hide the dirty laundry when the market is roaring higher, and money is flowing in like a river.  But bring the market down -- dry up the capital -- and entities thought to be invincible will be revealed as the jokes they really are." "Nasty stories will come to the surface, of plunging earnings and the fraud companies committed to preserve this rally.  The dollar gets wobbly. Interest rates climb faster, as the flight to quality begins." Folks, Mr. Guarino tells it like it is, and succinctly.  He doesn't hold back the punches, no waffling here.  If you are worried about your investments, now is the time to get his superb newsletter (612-890-3553);  he will tell you what smart investments to make, as will the other reference sources we have made on this Web Page.  There is still time. "At this point, funds (managers)," Nick writes... "Start to forget to answer their phones. "Electronic trading systems somehow have a great deal of trouble making sell orders. "Players who have leveraged everything to the upside get wiped out. "This includes some of the largest funds, brokerage firms and banks." Now, those investors with savvy take another look at price to earnings ratio and value.  They then see the devastation the market is sinking into and the reality of it all sets in--the credit bubble and market high now burst! We are now in a major drop-off; the economy is slowing down significantly. Remember, buying, selling, trading and money in circulation are rapidly disappearing.  Now is the time to have that food storage, gold, silver, copper-clads, and cash on hand we and other resources have been talking about.  If you start then, it will probably be too late to do a good job.  It would also be a good time to have that place in the rural area our sources and this Web Site have urged. Niceness becomes stylish again, for a short while. Watch how quickly you get a person if and when you call about something to a business/corporation, and not voice telephone messages--the money that is out there, business wants. "Real estate ladies will again remember your phone number.  Salesmen at car dealerships will get friendly once more." -- WSU. Interestingly, everyone gets nice again--manners finds its way back into the picture--but my, "How quickly we forget." -- The Two-Fold Chastisement: Visions of The Coming Earth Changes. "You will see huge discounts on hot European sports cars.  Almost no one will have the money to buy them, though.  The limo lines at fancy New York restaurants will be much shorter. More and more Wall Streeters will decide to spend quality time with the wife and kids." A 25% Drop Now, things really start heating up!  Mr. Ugly makes his appear- ance.  The funds are now evaporating because the money machine is drying up.  And somewhere in between, your money too. "You will see runs on mutual funds, reminiscent of the runs on banks in 1929.  There will be riots as people line up at the mutual fund offices and [WebMaster's underscore] banks, demanding their money.  Once the slide starts, mutual funds will be wiped out so fast, nothing fund holders can do will save their wealth." -- WSU, April 1998. The "run for the funds" has begun in earnest now.  The media gets nervous; because they, too, are in the funds, from the corporate CEOs down to the overpaid anchor persons on your nightly news to the underpaid reporter/journalist for the small press/TV station/etc. Now, they no longer buy the "bull" from Wall Street.  They finally report the truth: the runs have begun; "but by then it's too late." -- WSU, April 1998 (for subscription: 612-890-3553) The truth is becoming self-evident; thus, the funds have to confess: There is trouble making some cash-outs.  "We are having problems with some of our redemptions."  You, the investor, will be in shock! You, the investor, will be in a mental quandry!  You, the investor, will start -- millions of you out there -- to get very, very mad! After all, wasn't it the press who assured you from Wall Street, you had nothing to worry about?  After all, didn't you put your faith in the mutual funds blindly upon the advice of your broker?  After all, weren't you re-assurred by your funds' manager, the CEOs, and all the rest, that you had nothing to worry about?  Just be in for the long haul. Folks, think about this for a moment ... just think about it. Hundreds of thousands of people are being wiped out in a matter of weeks, to days, and at that time, before much longer after that--moment to moment, they are going to be mad as hell, and not take it anymore. At this point, things may go down faster than I am outlining here; in fact, so fast, the government may have to engage FEMA, before the drop reaches 40%.  But you can rest assurred: when the U.S. Government does engage FEMA, it will be "Katie, bar the door ! Things will be so heated up at a 25% drop, the "man" himself, will make numerous public appearences, in person and media wise, telling everyone to calm themselves. You can, also, look for the following, according to WSU. A number of banks (small and large) will fail and shock America! Bill Gates, who lost over a billion dollars October 27, 1998, will lose heavily at this time--he will no longer be the world's richest man. Investors panic! Watch for the mutual funds' rules to change.  The reason: to avoid liquidations (the process of realizing upon assets and discharging liabilities in concluding the affairs of a business estate).  This will result in your having long delays in getting the cash-outs (redemptions), if any are to be had at this time.  WSU flat says "In many cases, they will refuse to give people money.  Nightly news reports will be filled with stories of people who tried to get their money and were denied." The President will suffer in the popularity polls. As his approval ratings fall, you will begin to hear calls for his resignation, until there is a clamor for it. Michael Haga, in his book, On The Brink, page 117 (1-800-323-3523), references history, by pointing out ... "Throughout history, excessive expansions of credit [as we have been seeing for the past 8 years or more] have been followed by painful periods of debt liquidation causing financial panic and financial collapse." Watch out!  Remember this Web Site, and other resources, both public and confidential, have said, the President may use a "national emergency" to seize control of the government and stay in office for another term. With this happening, you will see the following: The U. S. Constitution is suspended. The U.S. Congress takes a "hike." The President stays in office and governs by decree! The only thing that saved Clinton during his presidency was the red-hot economy.  If the stock market had plunged, so would his popularity.  That's the nature of the beast in humans. It has been said that as long as the market stayed up, Clinton could have even assaulted Mother Teresa; but just let the market fall significantly, and everyone would be calling for his resignation! Politicians, investors, the rich and famous--all will distance themselves from the President when the market reaches a 25% drop!  All those politicians who have said the mutual fund market is the greatest ever, and nothing to worry about; they will reverse themselves immediately.  They will feel the heat; they will start the "finger-pointing" to try and save their jobs.  But you just watch, the millions and millions who get stung, and hard, will want to overhaul congress. Sadly, very sadly, your friends, neighbors, and family members, maybe you are one of them, who were in denial, will ask you or another, "What do we do now?" Remember the cash-on-hand, we and resources told you to have, well...now is not the time to use it; but, you will see goods and services (houses, luxury autos, yachts, and plenty more) going for pennies on the dollar. But, now is not the time to use it. Hang on to it; things are going to get even worse! A 30% Drop From here, WSU and others, point out, life takes a real tumble for individuals, corporations, and businesses alike: The big news is corporate layoffs; mutual funds are going broke by the masses; and, the "runs for the funds" have commenced in earnest. The stock market takes a holiday(s) under presidential decree. The economy of the U.S. practically shuts down in weeks, if not months. People are now holding on to their money. Auto sales and appliances start a nose dive in sales. Layoffs make previous ones look trifling. Lending institutions and credit corporations stop (for all practical purposes) lending and financing. The dollar devalues and plunges to new depths, as a result... Interest rates soar. Prices now start soaring. Inflation hits double-digit rates. A number of top financial market watchers and financial newsletters differ somewhat here, contending we will see deflation--the process where less money is chasing more goods, but the surviving manufacturers don't raise their prices, but start lowering them to try to move their goods. Regardless, all agree upon one thing, the banks will close, and when they do reopen, most will remain closed. What does a government do in a situation like this--history repeats itself--it cranks up the printing presses to full steam ahead, printing "massive amounts of money." -- WSU. What is inflation? The government says we have no inflation, however, they now use a different definition than they once did. Everyone thinks inflation is "rising prices."  That is a symptom of inflation. Here's how it works: Once, in America--around the 1800s, everyone, and in the world knew that inflation was the printing of more money.  Yes, that's right, more dollars, more Deutchmarks, pounds, Yen, you name it. An increase in the money units of exchange meant and was defined as inflation. However, as times changed in the world, so did the definition of inflation, but the actual facts/events didn't. That is, when governments print more money, the value of that money goes down.  And when the value of that money goes down, prices must go up in order to com- pensate for the drop in the value of money.  Simply put: In order to get the same value of money that is now worth less, you must charge more to get more dollars to equal what less dollars once had in buying power. Presidential impeachment talks are now serious. The evening news is full of stories of people getting wiped out by the crash. The market may make, and probably will, a small resurgence; the populace will be buoyed up, but it won't last long, and will even drop more. A 40% Drop At this level, the U.S. economy is in a full-blown depression. Bread and soup lines are forming...pennies on the dollar for expensive houses...people dying from lack of food.  The American way of life is now changed, some say forever.  We will overcome this, but the way we do things, the lack of discipiline on ourselves, businesses, and even our children, this will all be changed.  We will go back to our founding roots, and The Holy Bible.  We forgot God!  We became "gods" ourselves, and now pay a terrible chastisement for it. Crime will be rampant!  In The Two-Fold Chastisement: Visions of The Coming Earth Changes, early Church saints predicted this and more, for our time.  They said it would be worse than at the time of the deluge. And they said, pretty much, over 14 centuries ago, what modern writers and current historians are saying. What will bring on the riots and revolution in America?  Steve Puetz given the following scenario in his book, Total Collapse: The Financial Crash of the Millennium: "Over the past 50 years the government has nurtured a growing underclass of dysfunctional citizens. By giving people money they didn't earn the government provided incentives for welfare recipients to drop out of the work force. "With nothing to do these people were far more prone to mischief. Alcoholism and drug addiction became the chief method to relieve the boredom from idleness. The government became the chief enabler of a vast army of alcoholics and drug users [An excellent psycho-dynamic factual and proof of this is given in At the Crest of the Tidal Wave by Robert R. Prechter, Jr. Write: Elliott Wave International, Post Office Box 1618, Gainesville, Georgia 30503, U.S.A.]. "Families disintegrated and the offspring of chemically dependent mothers were prone to criminal activity.  Love and order were replaced by neglect and abuse. Good character withered and the crime rate soared. The government's trillion dollar attack on poverty turned into fertilizer for crime and addiction." At this point, we'd like to point out what God's Holy Saints say, in our third book, The Two-Fold Chastisement: Visions of The Coming Earth Changes about the immediate above, and more.  Sister Elena Aiello, (1895 -- 1961), Italy; stigmatist, mystic, and foundress and Mother General of "Sisters Minims of the Passion of Our Lord Jesus Christ," a religious order engaged in caring for orphaned children, was given heavenly warnings.  On April 16, 1954; Good Friday, during her Passion Ectasy, Sister Aiello says ... "At about 1 P.M. when the usual sufferings had started, [she bore the wounds (stigmata) of Christ], Jesus appeared to me covered in wounds---AND BLEEDING--He said to me: '"Look my child, see to what ends the sins of man have reduced me... '"The world has debased itself by its overwhelming corruption.  The peoples' governments have risen like incarnate devils and while speaking of peace, they prepare for war with the most devastating implements to destroy peoples and nations. "'Men have become ungrateful to my Sacred Heart and abusing my mercy, have transformed the Earth into a scene of crime. Numerous scandals are bringing souls to ruin particularly through the corruption of the young.  Stirred up and unrestrained in the enjoyment in the pleasures of the world, they have degraded their spirit in corruption and sin. "'The bad example of parents trains the family in scandal and infidelity instead of in virtue and prayer, which is almost dead on the lips of many.  Stained and withered is that fountain of faith and sanctity--- the home! "'The wills of men do not change; they live in the obstinancy of their sin. Despite the more severe scourges and plagues that recall them to the way of God, men still become furious like wounded animals. "'The world is no longer worthy of pardon, but only of fire, destruction, and death. There must be more prayers and penances from those souls faithful to me, in order to appease the just anger of God and to temper the just sentence of the punishment of the earth, suspended by the intercession of My Beloved Mother, who is also the Mother of all men! "'How sad my heart is to see that men do not respond to so many calls of love and grief manifested by My Beloved Mother to sinful men. Roaming in darkness, they continue to live in sin and further away from God, but the scourge of fire is near that will purify the earth of the iniquities of the wicked. "'The justice of God requires reparation for the many offenses and misdeeds that cover the earth and for which there can be no further arbitration!  Men are obstinate in their guilt and do not return to God.  The Church is opposed and priests are despised because of the bad ones who give scandal.  Help me by suffering, to repair for so many offenses, enough, at least in part, to save humanity, hurled headlong into a mire of corruption and death. "'Make it known to all men that they must return repentant to God and in so doing may hope to be pardoned and saved from the just vengenance of a scorned God!"' We continue with Steve Puetz now, who writes about the disintegrating families; chemically dependent mothers...and "Stained and withered is that fountain of faith and sanctity --- the home!"... "They added to the welfare rolls and made poverty worse. Approximately 30 million people get welfare and receive aid and assistance in housing, energy, health and food stamps. They have convinced themselves that it is their right to get other peoples money to pay for their worldly needs. "The first time these doles get seriously pinched, they will go berserk. Nobody gets madder than someone who gets something taken away from them." These people don't don't know how to work, don't want to work, don't care about work. Studies have shown that the family unit deteriorates when people are on the "dole" and one or more of the adults resorts to alcoholism and/or drugs to relieve the boredom of not doing anything except watch TV. Michael Haga's book, After the Crash, Life In the New Great Depression (1-800-323-3523) puts it succinctly: "During this coming economic depression, which has already begun, the quality of life in major cities throughout American [sic] will fall so far so fast it will take your breath away. As I said earlier, living in a major city will be like living in a war zone.  No one will be safe. Crime will be rampant.  Gangs will cause chaos and kill for fun.  Public services, street repair, garbage collection, will become sporadic at best.  Police will be non-existent." Nick Guarino, in the April issue of Vol. 3, No. 11, 19998, of The Wall Street Underground"WSU" (612-890-3553, for subscription), writes, and we paraphrase here, Crime will go through the roof. In some cities, there will be major riots. Other writers say New York city as well as some other major metropolitan areas will burn. "Most high-flying internet companies go out of business." A number of mutual fund managers become fugitives. Senate hearings now begin on the enormity of the abuse and fraud in the funds' market. The stock market continues to drop on a daily basis; some writers have even projected this will be the end of the market for years.  No one trusts them anymore. "No one fights to ring the closing bell on the NYSE any longer." The price of gold and silver skyrocket.  Michael Haga, in After the Crash, Life In the New Great Depression (1-800-323-3523), has voiced that silver may reach $500.00 an ounce, and gold could go to $5000.00 an ounce.  On page 197, he writes, "... the government could put the dollar back on a gold standard and then re-value the metals even higher, fixing the 'official' price of gold at $50,000 per ounce and silver at $5,000 per ounce (the sky is the limit)." "Muncipalities, school districts and retirement funds go broke left and right." --- WSU. Restrictions, regarding travel, are placed into effect. In some cities, martial law is imposed. "When you go shopping, if you have cash, you must be extremely careful not to antagonize the masses who have nothing." --- WSU A number of writers are saying, our way of life, as we know it, is going to change drastically overnight. The Elliott Wave Theorist, July 31, 1998, (For subscription: USA, 770-536-0309; $233/yr.) writes of Steve Puetz's work, whom we've referenced a number of times, the following "Puetz found that history's most famous crashes occurred 55 - 56 days after the all-time high in a speculative market. Counting from July 17/20 projects the worst crash days for September 10 - 14. The Elliott Wave also points out this interesting observation, he continues thusly: "This period just happens to follow a lunar eclipse on September 6, an event that is very often associated with crashes!  Keep these times in mind, because if the DOW has a sharp rally into August 24/27 (Friday/Monday) and then turns down, there will be an exceptionally high probability that the worst crash days will occur on or near September 10 - 14. Also, keep in mind, that stock markets have a way of turning down generally before the economy does.  But...but, there is one exception--the crash of 1929.  They both turned down at the same time.  This appears to be what is happening currently. The Attitude ...Up...Up..Up We gave earlier the attitude of some of the top financial economists in the country (Brookings Institution, the Wharton School, and MIT); however, this pervasive outlook encompasses the general public too. For instance, the Enterprise wire services, in The Beaumont Enterprise, August 6, 1998, reports the following story, typical of the millions of naive average investors in the stock market: "In Atlanta, Robert Brennan held onto the blue chip stocks he'll start cashing in when he retires later this month [he's one of the fortunate ones]. In Cedar Falls, Iowa, teacher Alma Bigelow left her retirement nest egg alone. And in Annapolis Md., U.S. Navy retiree Billy Helm merely chuckled. "A day after Wall Street's professional money managers dumped enough stocks to make the market drop almost 300 points, amateur investors were 'kind of ho-humming it,' said A. G. Edwards & Sons market analyst Alfred E. Goldman." He further pointed out that  "'I think that's an intelligent approach -- just putting their money into their 401k's and leaving it there."' Brennan also said, "'It's going back up,...It has to."' This attitude, The stock market is going to continue up for a long, long time is also voiced in private circles and parties.  The Elloitt Wave Theorist, July 31, 1998, reports the following: "A subscriber sent this review of a party attended by senior citizens: '"The youngest person there was 64, and several in their 80s, and I was the only one there who was not in the stock market. "'Four people in their 70s had all of their money in the market. Most thought I was some kind of oddball. "'They were all giddy with excitement, like this is some kind of game where everybody wins all the time. "'I don't believe this is an isolated group, since several talked about their friends in other cities who were equally involved in the stock market.'" Frank Capiello, guru of investments, from Wall Street Week with Louis Rukeyser, and CNN's Money Line is very bullish on the market.  He's an industry insider, very knowledgeable of cause and effect that runs through Wall Street.  "He controls billions of dollars of investment capital crucial to the direction of the market." -- Source Jefferson Coin & Bullion/Market Insights, August, 1998; 1-800-593-2584 for gold and silver. Louise Yamada, Salomon Smith Barney's Director and Senior Technical Analyst is another bull.  She feels the DOW could reach 10,000 by 2000 and by 2002, perhaps 20,000. However, David Elias, author of Dow 40,000 considers the DOW will reach that amount in 2016.  He feels this is not just possible, but a definite possibility. --Source Jefferson Coin & Bullion/Market Insights, August, 1998. Your Web Masters hope they are all correct...but, there's one thing that we are overlooking: Grace has been withdrawn from America!  We allow sex outside of marriage, abortions, parents can not longer give corporal punishment to their children without fear of reprisals from the U.S. Government--they must enter into dialog with them instead; the American public does not seem to mind that the highest office in the Union can commit sexual harassment as long as the stock market and the economy in general are good; "It's not adultery if it's oral sex"; ad infinitum to ad nauseum.  Grace has been withdrawn from America. We shall soon, very soon, within months, start reeling from God's justice blows, and that is only the beginning.  Look for this to go down by August 15.  Have your preparations completed by the end of August.  By September and October, we will know the economy and America is in serious trouble. These months came and the Asian crisis has expanded to South America. Brazil is now in trouble, with Argentina's troubles beginning to surface. All this spells big trouble for America.

Page Four The Plunge Protection Team With all the above goings on, we are often asked, "Then, how does the market stay up--especially, when you see it falling, and then it starts to rise again?"  The answer is simple:The Plunge Protection Team is at work. But first, what is the Plunge Protection Team?   It's a term coined by Strategic Investment (For Subscription: 1-888-863-9361; $334/yr--two-year subscription, $177).  The key players are Secretary of the Treasury, Robert Rubin; Alan Greenspan, Fed Chieftan; Arthur Levitt Jr., Chairman of the Securities and Exchange, and Brooksley Born, Chairwoman of CFTO.  The Washington Post gave an involved account on February 23, 1997, of the federal government's secret involvement to keep downturning markets pointed back up again. dejanews.com says the Plunge Protection Team is "an emergency council of America's top financial officials that operates with its own special staff in the shadows of the U.S. Treasury." This is what Strategic Investment has to say about all this in their Urgent Special Report of White House Operatives Manipulate Stocks: "Along with some of the leading financial wizards, they've created contingency plans to direct the intervention of the Fed, the Treasury and Wall Street too.  This isn't something they just cooked up yesterday.  In fact our investigation turned up evidence that the Fed started manipulating the markets way back in 1987." God's Mother had said in an approved apparition, "If you could see the secret deals men make...it would be enough to make you die of horror."  This is another reason we are overdue for Chastisement. Strategic Investment continues... "What's wrong with government manipulating stock prices? Well for one thing it makes matters worse ... much worse. Unfortunately, it's the same kind of market manipulations that have contributed to the meltdown in Indonesia." "The government was buying S&P futures contracts through the good offices of Goldman Sacs.  'Coincidentally,' this is the firm once headed by Treasury Secretary Robert Rubin," writes Strategic Investment. They also point out that, "Whenever the market has dropped near a technical breakdown point, some big buyers would always mysteriously turn up at the last moment, buying S&P futures to trigger program-buying of the market." This would also include the computer buy programs.  In other words, this causes, when the Plunge Protection Team buys, the computer buying programs to kick in and buy also, thus, raising the market.  If the team sells, then this causes the programs--computer programs too--to sell also. Thus, you can see the stock market is manipulated.  One can only contemplate, what else is being controlled by the government. But soon, as American confidence erodes in the market place and as the Asian markets worsen; especially with the escalating Russian crises, and Latin America and China will be next to follow suit as Russia did, the WipeOut is just around the corner. To Be Continued ....

We have made this book as simple as it can get.  Your authors have researched this matter and much of what is out there is often convoluted, confusing, and difficult to follow.

It is, much of the time, technical, and solutions in the same material for the same agent differ in another section of the same book.  What is written here is as simple as it gets. Admittedly, it may be difficult at first to grasp what to do, when to do it, and how to do it.  That is why you need to read and reread this book to be prepared.  The most important thing about decontamination is that which concerns YOU !

We have given common household chemicals that you can use in the event of a chemical warfare attack, and much of the same everyday household items can also be used in germ warfare decontamination.

This book tells you how you can make your own passable protective chemical and biological warfare suit; also where to get protective masks and the antibiotics you can secure without prescription.  We also instruct the readers where professional protective suits and chemicals (used by U.S Government Military) for decontamination can be found, if so desired.

It is no longer a matter of if, but when America will be attacked with chemical/biological weapons of mass destruction.

The authors even show you how to make your own soap that will serve you well in everyday use as well as in decontaminating your person.  They go a step further and give you the recipe for a bath and beauty bar that can double as a decontaminating soap.

We suggest you not lend this book out you won't get it back; especially when you need it most. Have your friends buy a copy. They are inexpensively priced, and the information is invaluable

The methods in this book are one the housewife, the student, the businessman even a child can follow, and save his own life.  You should read this book and think, "I can do this!"

Every effort was made to insure the accuracy of the information presented in this book.  All instructions, processes and recommendations are given without guarantee by the authors and Universal Laws Publishing Co., who hereby disclaim any liability for accidents, injuries, losses or damages resulting from the use of this book.

Self medication where a physician's care is available is not advisable and can be dangerous.  This book serves only as a guide to those situations that are coming.

The authors and the publisher of this book do not recommend or endorse self medication or the practice of medicine without a license.  The responsibility for any such activity is borne entirely by the reader.  Seek professional medical help if possible.

The Two Fold Chastisement: Visions of the Coming Earth Changes by Dr. Charles S.Brocato & Kathryn E. King:

The Catholic Church produced some of the most powerful "psychics" in history and the greatest saints. This book contains prophecies spanning over 16 centuries that tell you in depth what's coming, how to survive it, and how to survive the Three Days' Darkness.

Surviving the Coming Chastisement -=Sold Out=- By Dr. Charles S. Brocato & Kathryn E. King.

This is the book Dr. Brocato's clients demanded. People wanted more in depth advice on how to store food, how to prepare for financial upheavals, and most of all, how to prepare their minds for what's coming. This book provides resources for further research.

Storm Warning By Kathryn Brocato.

Designer Eggs From Your Own Backyard By Kathryn Brocato.

How to raise your own chickens and have meat and eggs when things get tough!

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The Two-Fold Chastisement:Visions of The Coming Earth Changes
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Surviving The Coming Chastisement <<Sold Out>>
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Storm Warning
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Designer Eggs--From Your Own Backyard
@ $  6.50 per copy         No. Of Copies: ___    Cost:  _______


Chemical/Biological WarFare... How You Can Survive
          Order Your Copy Now !

@ $ 25.00 per copy     No. Of Copies: ___     Cost:   _______
Updated expanded addition---over 400 pages. 
Now Shipping.
Some of the topics include:

How to lessen the severity of a microbial assult.
Why it may be best not to be a vegetarian with the coming
bacteriological (biological) warfare attack.
Who may be most susceptible in germ warfare.
What nutritional supplements may enhance your chances of survival.
...and little known facts about vaccination and antibiotics as they relate 
to chemical/biological warfare.
Taking other medications may compromise your recovery from an attack.
What to do if your water supply is attacked.

All this and more is covered in the book.

There is no other book like this!
If you want to know what's really going on, this is the book for you.
Allow three weeks delivery.
Available Now !

(Prices include shipping & tax)                    TOTAL: _______

Send Orders to: Universal Laws Publishing Co.
                            P.O. Box 7882
                            Beaumont, TX 77726 7882