With the disaster in Japan being far from over, the question of how Japan will finance their reconstruction efforts has, for the most part, stayed out of focus. According to reports, the damage is estimated in excess of $300 billion, nearly four times higher than hurricane Katrina. This number will likely rise the longer the nuclear crisis remains unresolved. Karl Denninger of Market Ticker says there are several problems facing the Japanese:
(Video interview of Denninger on Fox Business follows excerpts and commentary)
The Tsunami did a tremendous amount of damage to the landscape and once they get that cleaned up they’re going to have to rebuild. And then you’ve got about 8 gigawatts of electrical generation that’s been taken offline and there’s no hope of restoring that anytime in the near future.
So, the capital flows that have gone into Japan from exports are going to turn into capital flows going the other direction because Japan has to buy the materials that it needs in order to rebuild its society.
The main issue in terms of rebuilding is one of funding. While the US may send foreign aid to help get Japan back on its feet, such measures are not very popular due to our already troubled debt levels and spending problems, so any support we provide will be limited. Japan can’t depend on international aid of any significance either, because, well, no one else gives like the US. Private donations may help people on the ground with food, clothing and shelter, but those are a drop in the bucket compared to what is necessary.
Considering that Japan is the third largest economy in the world, they will be left to come up with the money themselves.
Karl Denninger says that how Japan will come up with the money is “an open question.”
How they’re going to manage to do that without either printing more money, which at some point will cause problems over there, or selling some of their Treasuries is an open question.
Japan owns about 20% of all US debt. It’s safe to say that Japan’s regular purchases of US Treasuries are about to come to a screeching halt, or at least, be reduced significantly. This fact alone means someone is going to need to step in to buy up that excess debt. We can all guess, fairly accurately, who will end up with those new issues.
But even if the Federal Reserve were to buy up the new debt that Japan won’t, there is the question of how Japan is going to fund the $300 billion plus in recovery efforts. And given that there is no end in sight, we may be talking about double that amount – no one really knows.
So, the question is, will Japan need to sell off some of its US debt in order to pay for recovery and reconstruction efforts? And if so, could that be the black swan that could trigger the domino effect that will lead to a US debt sell off, and ultimately, a currency collapse? Until a month ago this was nowhere on the radar. Now, we have every reason to be concerned about this possible black swan event. Karl Denninger weighs in:
The obvious thing to do is to sell some of those holdings. The danger for the United States is not tomorrow, it’s a few months out. Right now, they’re still trying to clean up the mess. But once they actually start actively rebuilding they’re going to have to have a way to finance this.
And that’s where the danger comes from, because if Japan was to start unloading Treasuries, it would be reasonable to assume that the Chinese, who hold an even larger amount, would look at that activity and say ‘well, if we don’t sell now we lose even more. Maybe we want to be selling some ourselves.’ And, that puts quite an interesting squeeze into our budget picture for the United States.
In January, Treasury Secretary Tim Geithner confirmed that we are literally on the brink of a catastrophic debt collapse resulting from a need for money and raising of our debt ceiling. So, it is clear that we’re already in serious trouble as it is. If Japan were to stop buying our treasuries and actually start selling their existing US debt holdings, it could potentially accelerate the already destructive path on which we find ourselves.
As we’ve suggested previously, all it will take is for buyers and holders of US debt to say ‘no more’ and the jig is up. Mainly, we’re talking about China, and if they pull the plug on all of the credit they have thus far extended, then we could literally be talking ‘lights out’.
This may be a low probability event, but so was an earthquake driven Tsunami wiping out the generators that powered the fuel rod cooling stations in Fukuskima.
Watch Karl Denninger and Neil Cavuto:
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No, we will just print more to buy back the T bills in controlled stages. Lesser of two evils. Besides, we want the dollar to go down slowly so all of the other systems implode first. Look at Syria today. Their gov resigned. Depression anyone.
Anon – I agree more monetization is the likely outcome if Japan starts to unload treasuries to raise cash. A potential silver lining is Japanese rebuilding efforts – somewhere down the road this could provide a lot of economic stimulus. Of course Japan needs to not be a radioactive hell-hole devoid of life for that to transpire….
Japan has no choice but to sell or allow the US Treasuries they hold to mature and that will only exacerbate the inevitable… “A Dollar Meltdownâ€.
This will set off a global systematic crisis.
Let’s not forget that PIMCO decided in February to dump its US-Treasuries even before Japan’s crisis.
China will provide the financial aid Japan needs, in essence helping its own economy opening a huge china market to Japanese businesses.
Everyone will dump the dollar, raising interest rates and bringing IT all to an end… a look at the financial balance sheet of the US government should convince you how likely a hyperinflationary depression is…
making the present recession seem like the “Good Old Daysâ€.
Better start selling those “Crisp $10 Billsâ€!!!!
Â
Is it warming up any up there?
I agree with both of you above, but I think it could also be a back door indirect bailout by The Bernank through banks. More or less what we have done with Europe.
The Japanese gov has been gullible and foolish enough the last 20 years to keep buying our debt even though they can’t really afford it, but it was to ensure we would keep buying their exports, etc. We are intertwined in a mutual death spiral with our 2 largest bond holders, Japan and China.
If Japan does in fact sell their treasuries watch your 401K’s – nanny government led by Teh One, President Urkel and The Bernanke will be coming for your nest egg. They will direct it into treasuries and come up with some absurd, pseudo patriotic name for it of course but it will still be what it is — theft, on a national scale.
Â
Sorry, I stop reading at Karl Denninger.  He is master of the obvious and plain wrong about everything else.
And to confuse matters more, it’ll probably affect the financial markets positivly in the short term.
I don’t know the exact makeup of japan’s U.S. Treasury holdings, but they would most likely dump those with a higher interest rate first for a quicker infusion of cash. Fed can buy them by printing cash ,removing the bonds with higher interest rates from the market. That would be great for the treasury dept as they’d be paying the higher rate to the fed, whose chunk of profits they get to share. Probably triggering a short term rise in the value of the dollar - look what happened to the yen after the earth quake, but thank God the bank of japan was able to step in crank out almost a trillion $’s worth of yen to keep those silly middle class japanese from having more purchasing power when it matters the most.
Then you get the rally in the stock market, which is so manipulated at this point that even bad news is good news. In the end, it’ll make the crash that much more devestating when it finally happens, put I’m guessing it’ll hit the same way it did Germany weimar – it’s going to look like things are just swell before it turns to hell.
how Japan will come up with the money is “an open question.â€
You’ve got to be kidding. How do governments “come up with money”? For the reconstruction, Japan needs yen. And, in case you have forgotten, Japan has a Central Bank. Which – you guessed it – has the ability to print unlimited amounts of yen.
Of course, this will cause inflation. Of course, the Japanese Government Bonds will tank. Of course, the Japanese savers and retirees are going to be screwed. But. hey. who cares? Aren’t the savers and retirees screwed up in any country at times of crisis?
Oh, and if worst comes to worst, the Fed can always arange for some secret currency swaps with Japan.
Japan won’t sell its Treasurys, trust me.
It is not going to happen. You have to ask why japan has not dump US treasuries the last 20 years while their own economy suffers. The reason…it is not their money. It is the big boys’ money. Did you know that one of the first things we did after the Japanese surrender was to establish a central bank in Japan.
Just like no one is talking about the Saudi’s and Bahrian. No one wants to talk about a radioactive Japan again. Funny how in my opinion the three biggest stories are getting no press.
I just find it hard to believe that we don’t already know the the extent of the damage at the nuclear sites. This morning on the radio I heard that our Nuclear plants here in Florida are detecting radiation from Japan. So it is circling the globe via air and water.
If its in the air and water, it will be in the food chain. Most are saying its just minute amounts, but if we are getting minute amounts from multipal sources doesn’t it all add up and have a half life?
I don’t know much about radiation, but I do know not to stay in the sun to long or the radiation from the sun can cause skin cancer.Â
When the only press on Japan is telling me the radiation is only trace amounts and it safe. I suspect they are lying just because they keep telling me its safe.
Folks you know if the government says its safe, watch out. Remember Barney Frank saying Fannie and Freddie were safe investments?Â
Japan is an event of major global impact. What if Japan can not rebuild? What if Japan doesn’t have flood and earthquake insurance? What if Japan’s insurance policies exclude nuclear as most of ours do? What if the wind starts to blow to the south, southwest? Where are you going to put 30 million Tokyo residents with no money?
I think lack of knowledge is the only thing holding the world together. The Federal Reserve and Central bankers the world over keep the markets going and the masses see their statements go up. Then they go back to watching American Idol and Dancing with the Stars till the next event happens.Â
When the emergency broadcast network get activated most will wonder what happened.
Comments…..
Patriot One…apply all those sentiments about Japan and their residents to Gulf of Mexico residents..we ain’t finished there yet.
That too will come back to haunt us in ways we may have not even imagined yet.
JayJay
It will be worse for us if the Japanese DO have earthquake and flood insurance. Where do most insurance companies invest their cash? In “safe” UST paper. If only half of the damage costs are covered by insurance, the companies will have to sell lots of paper to raise the cash, and there is little that the Fed or the BOJ can do to stop those transactions.Â
I find it hard to believe that the Japanese won’t sell everything not nailed down to raise the reconstruction funds. They already owe about 200 percent of their GDP, so printing and going further into debt will just crush their economy that much harder. They won’t sell the highest coupons first, they will sell the short-term paper with miniscule interest rates first, leaving the bigger coupons to provide cash flow. The prices of all construction materials and oil will go up dramatically because they need that stuff and they need it now, not next week or next year. When they start buying, make sure you are on the front end of the trade, ready to ride the commodity price rises.
The idea that this event will provide economic stimulus is laughable. Sure, lots of companies will see their top lines swell. However, with the prices of raw materials and, presumably labor, going sky-high, the effect on the bottom line will be little, if any. Export production will suffer as work is directed to cleanup and rebuilding, leaving the auto and electronics exporters with impaired top and bottom lines.  After a years-long reconstruction effort, Japan will be stuck with an entombed nuke plant, hundreds of square miles of abandoned and destroyed farm land, homeless workers, and a national debt that is beyond stupid.
The United States actually experienced in 1906/1907 exactly what Japan will go through in the next few years. The San Fran earthquake and fire caused a run on the insurance companies, which impacted the financial markets, which caused the Panic of 1907. Of course, the bankers of the day were busy fleecing the public through pyramid schemes, and the gold standard prevented the government from printing money at will, so they had to go hat in hand to Europe for cash. The trouble was that the nation’s gold was flowing out faster than we could export goods to make up the deficit. JP Morgan finally stepped in and funded the reconstruction, making millions for himself in the process. Hmmm, lots of parallels….
CONTINUED YEARLY GROWTH IS A RIDICULOUS GOAL ON A PLANET WHERE ALMOST EVERY INCH HAS BEEN EXPLORED, AND EVERY RESOURCE LOCATED. THE ONLY WAY WE CAN CONTINUE IN A GROWTH ORIENTED PARADIGM IS TO GO INTO SPACE. MAN IS AN EXPLORER, WHEN THERE IS NOTHING TO EXPLORE, THERE WILL BE STRESS ON THE PSYCHE OF THE SYSTEM
AND WHEN THERE IS NOWHERE LEFT TO EXPLORE THERE IS NO CHANCE FOR A FRESH START. WHEN THERE IS NO CHANCE FOR A FRESH START AND PEOPLE BECOME COMPLETELY TRAPPED IN SLAVERY BY THE SELF ANOINTED RULERS OF THE PEOPLE AND PLANET, THEY WILL EVENTUALLY BE FORSAKEN TO THE CLICHED SCENARIOÂ OF OVERPOPULATED CAGED RATS.
OR THEY START A WAR TO GET RID OF ENOUGH PEOPLE WHICH OPENS UP OLD FRONTIERS WITH NEW PERSPECTIVES…
Wow, good comments. “Barnie Fag” gives cartoon animals a bad name. That guy scares me! He should go in the clown business for LGBT’s.Â
few more weeks and it won’t matter because they will be in total melt down mode and in order to do anything they will have to dump everything. IMHO
Does anybody here think Japan will keep buying more bonds?
WTF??? We’re like a crack addict on the edge of financial ruin that can’t keep from swiping the credit card every day for more crack. SWIPE. SWIPE. SWIPE. Aren’t we stupid??? Aren’t we suppose to elect smart people to run this country and not idiots to run it into the ground. Obama and all his other co-worker idiots in congress deserve an award for the great job in the world econimic race from first to last place. We are a joke. I doubt these idiots can even ballance a checkbook or even wipe themselves. Someone hit the reset button please and get it over with. I think heaven for a liberal is like Canada or France or something. Someone please tell them that they can go there now. Get the Fu>k out of here! Isn’t treason a crime anymore? Treason = Liberal, Communist, Socialist or Progressive. I’m kind of upset.Â
This ship has been sinking for years and the Jap rats are going to put it at home next to the Titanic. Millions are going to have to learn how to “make do” Tough times are coming and really tougher ones who have not prepped.
Fill those ammo cans with brass, lead and silver.
Mike F.
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Thanks for posting something informative that all will enjoy reading.
Is someone holding a gun to your head and making you read this site?
If so, post your address so we can call 911 and have the authorities dispatched to your aid.
MIke
anon – no melt down up here! Nearly 3 feet of ice on the lakes yet. It’s been pretty nice though. Above freezing today even…..woohoo!
This week last year I had potatoes planted already and and was being paged-out for wild fires daily….
When do the bears wake up or do you carry year round?
I am not convinced that there will ever be a massive sell-off of treasuries, although clearly anything is possible.
I do agree with you though that there will continue to be a shortage of buyers for our debt.
I think the more likely outcome is that central banks will continue to monetize their own debt in order to fund their own programs (rebuild in the case of Japan) and “help the economic recovery”, as a result we will see stagflation ultimately lead to hyperinflation.
http://goldsilverrealestate.com/?p=205
@ TomofTheNorth-Economic stimulus, silver lining? I don’t think so, if that were the case we could just evacuate major U.S. City’s and bomb them into ruble and rebuild them in order to “stimulate” the economy. Now instead of Japan spending money on growth programs they have to spend the money trying to get back to pre-tsunami levels. China’s official rating agency has come out and said they do not see an end to the Feds monetization/QE policy…..just one more step closer to the dollar demise.
They printed 280 billion the day after the earthquake, that pretty much covers the recovery costs. They don’t quite have the same status as the US dollar currently does but they can print quite a bit of money. There was also a well timed emergency meeting of the G7 finance ministers. Likely Europe/USA will buy back that debt if they need too.
Â
I doubt this will be the cause of a dollar run, but I was wrong once before, about 20 years ago. :) Don’t forget the Federal Reserve is pumping 8 billion a day (business day) into the banking system, its gotta go somewhere. Japan seems reasonable to me.
That guy looks funny with a circle over his face.
Disasters will provide economic stimulus? The broken window fallacy is still alive and well in 2011
I can’t believe it took 10 comments to get to the obvious,thank you PatriotOne.Japan will not have to sell their T bill in order to rebuild because there is no place to rebuild.Japan is done.Literally.The whole island will end up a contaminated wasteland.There are a lot of comparisons to Chernobyl but I think this is much,MUCH worse.Multiple reactors in meltdown,hundreds of tons of Plutonium fully exposed to the enviroment and the real possability that there are other facilities leaking radiation.Most foriegners have left the island.The President of TEMPCO has disappeared.The prime Minister has disappeared.m I making sense yet?
Originally the U.S. could have delayed Financial Armageddon to about 2014. Now with this Japan Earthquake, Tsunami and Nuclear Meltdown the payment for this as Japan selling U.S. Treasuries will bring the U.S. day of reckoning a year earlier. So with all the events in the World, hunger, conflicts, calamities, one must be thinking that the Myans 2012 calendar and other dire prophecies are looking pretty good. Be prepared by 2013. A hyperinflationary depression something like what Russia went through in the early 90’s. Maybe worse. So be ready to move out of the country to a remote area if you can and be as self sufficient as possible. When disaster strikes like a sudden Earthquake it will be too late.
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Now for for the hundred billion dollar question:what to do with all those T bill and what to do with all those millions of radioactive Japanese.The answer has almost a serindepidy feel to it.The answer is China.Shit,China is ready for them.Google China ghost cities.Capable of housing64 million people conviently located far away from Chinese cities.I’sure China would trade a city for everything the JAPANESE HAVE.
I read this article: http://news.goldseek.com/GoldenJackass/1300910400.php and now retract my previous statement about the possibility of it not effecting the US treasury bubble (see, I can change my opinion).
Â
Have you ever heard of concrete and a lot of it. Throw in a lead diaper too. Real estate is going down. Buy out program? Where’s all of those GE commercials doing the CEO/politician two step? Gives new meaning to a few more simple back up systems that work with mother nature.
i suggest you all research – AGENDA 21…
IT’S THE UN NWO PLAN for your and your childrens future.
This is all just small micro moves to the final NWO solution tothe control of the human population equation.
arm up stock up prepare… preditor or prey the choice is yours.
@tekroanin – Would you mind giving specific passages that are of significant importance we can read them? Not all of us have the kind of time required to read all of this: http://www.un.org/esa/dsd/agenda21/res_agenda21_00.shtml
Â
Remember politicians are long winded and say very little 🙂
Mike,
here are the cliff notes for agenda 21…….to kill off you and me and our children and most everyone else and their children, until less than 500 million are alive on this rock floating through space
Anonymous said- “throw in a lead diaper.” I got news for you. That don’t always work. When my son was a baby we tried those lead diapers and all they did was make him topple over. And the poop still leaked out. Talk about toxic. I suspect his mother was feeding him year old rutabagas. How else could he achieve that smell? And, I wonder what the half-life is for a bunch of used pampers in a landfill. Probably at least a thousand yrs. All I know for sure is that all the wildlife near the landfill vanished and the farmers quit trying to grow crops in that whole section of the county. On a brighter note- we got him potty trained long before kindergarten so he was able to function socially.
Patriot One said- “…lack of knowledge is the only thing holding the world together.” You got that right! Just want you to know I’m doing my part. Hey, some days I may be single-handedly holding this entire planet together. Your welcome.
On a personal note: I had a major “disagreement” with my boss today. So if my useless comments disappear for a few weeks you’ll know they don’t have internet service in the local jail. But, yes, it was worth it! The SOB had it coming…
Good piece, thanks Mac
A Japan exit from US debt market though is just one of America’s problems. For somewhat different reasons the rest of Asia , OPEC and the Emerging Markets could be an even bigger one. I explored that issue here…
http://blogs.forbes.com/michaelpollaro/2011/02/08/america-poised-for-a-hyperinflationary-event/
and here…
http://blogs.forbes.com/michaelpollaro/2011/03/17/america-poised-for-a-hyperinflationary-event-the-roadmap/
@BJ – Great, but how about citing paragraphs, sections, etc? I’m not big on believing people’s beliefs on a dooms day site, sorry.
Â
Having skimmed quite a bit of it, I’ve yet to come across anything overly incriminating.
Mike,
If you have looked at all the places I mentioned and not found anything incriminating, then I am afraid my friend that you will not until it hits you.
Many of the 200+ pages at the one 2012 thread is loaded with backed up scientifically proven material…so not sure what you skimmed??
Â
Peace
Stay safe
& God bless
sorry Mike, I got confused between articles and comment threads.
If you research Agenda 21, you can find the actual document, since you don’t want to go on anyone elses opinions 🙂
It clearly states many times population reduction methods
NWO U.N. Blue NAFTA DHS – COP KILLER
Bye Bye American Pie!
I shot and killed a NWO U.N. blue Cop with my .45 semi-auto black glock today… a Disabled, Homeless, Cold and Hungry Veteran… I deserve more than this… now I live beneath a bridge… why? why? why?
I had done my time… stood my watch upon the wall; a Gaurdian of Liberty… now a cop killer?  Running from the Law… why? why? why?
The false NWO IMF homo druggy prostitute barry soetoro- a.k.a illegal president Barack Obama and AIPAC israeli jew controlled U.S. congress… stopped my Social Security check the other day… on april 8th, 2011… they broke america’s piggy bank… gave away the pennies to the banks and told me “sorry” none for you! You are Many! And We are Few… MORE FOR US! None for You!
I am a Disabled Veteran… I once Served My Country with Honor and Pride.
I killed a NWO U.N. blue NAFTA DHS Cop Today… why? why? why?
 I had robbed the local Korean corner store… while the radio on the shelf played “Bye Bye American Pie”… I’d only pocketed a milk, hot pocket and a pie… ran by the screaming korean clerk for the open sky… hopped on my ex neighbors kids pink huffy bike… peddling in a craze… hauling fast down the lane… making my one handed get away… thinking “bye bye american pie”… smiling in mirth… while with my other hand grabbing from my shirt, a half frozen Hot Pocket… then a crushed Moon Pie… shoved both gleefully in my mouth… I had gotten away … then I sweared “shit!”… it all dribbling down my beard… I thought; I shoulda done like Ben Bernanke… and taken more, more, more…
Then down the way… my calves screaming in pain… I slowed down… a mistake… I’m screwed now… an NWO U.N. Blue NAFTA DHS Cop car pulled up behind, tires screeching… siren blaring , lights a twirling, screaming over the horn “PULL THE HELL OVER!”
At that time… I said to myself “FUCK IT!” an thought “I’m homeless cold and hungry”… this Asshole Cop isn’t gonna do me like “Rodney King”!… “The NWO U.N. IMF Fuckers did this to me”… I skidded to a stop “swiiishhhh!”… planted my worn out boots upon cold concrete… reached into my sweat soiled pants waist… an pulled my cold heavy .45 glock like slow dead weight… fingers numb… pointed it at the windshield of the NWO U.N. NAFTA blue patrol car… looking the Cop dead in the eye… I recognized him, he use to be nice to me, always smiling when we met on the street… Officer Friendly, now wearing NWO Camo Combat Gear, with U.N. Sky Blue Patches… once our neighborhood hero… here to “Protect and Serve”… now no more… now he is a DHS Federalized Thug… a NWO U.N. NAFTA blue Storm Trooper Whore… ordered by our illegal false president obama to “Punish and Enslave!”
And while the innocent child in me… kept asking… “why, why, why ?”… the newly found stone cold cop killer in me… didn’t bat an eye… I aimed an pulled the trigger BLAMÂ BLAM BLAM 1,2,3… right through the windshield… into the NWO U.N. blue NAFTA DHS Whore’s red screaming face!!!
There I stood astride my pink huffy steed… staring dead pan at the car’s brown vinyl covered rear seat, red blood, white bone chips and grey pink brain matter splattered over it. Staring through the shattered windshield and GAPING red hole that had been a human face.
Humming to myself “BYE BYE AMERICAN PIE”… thinking “I’m still Hungry!”
Â
author after note: Wake up America, there are foreign troops and american traitor troops under the United Nations blue Flag, NAFTA blue Patch and IMF Bank Control right now; at this very moment here on American, Canadian and Mexican soil. Just waiting for our Illegal President Obama to call MARTIAL LAW! Upon which time they will invade america and place you all; america under their U.N. NWO IMF military control. It’s either YOU or THEM!!! U.N. AGENDA 21 is here!!!
NOW is the time to…
Talk to family and friends…
ARM UP STOCK UP PREPARE
PREDITOR OR PREY THE CHOICE IS YOURS!
And remember all US POLICE and SHERIFF DEPARTMENTS , NATIONAL GUARD TROOPS ARE NOW FEDERALIZED UNDER U.N. NAFTA FEMA DHS-UNITED NATIONS CONTROL!
They are not here to protect you! They are here to disarm you – “Punish and Enslave!”
To Force you all under their one world government control – NWO Debt Slaves one and all!
U.N. AGENDA 21 is here!
… spread the word.
Â
Â
Â
NWO U.N. Blue NAFTA DHS – COP KILLER
Bye Bye American Pie!
I shot and killed a NWO U.N. blue NAFTA DHS Cop with my .45 semi-auto black glock today… a Disabled, Homeless, Cold and Hungry Veteran… I live by the river beneath a bridge… I deserve more than this… why? why? why?
I had done my time… stood my watch upon the wall; a Guardian of Liberty… now a cop killer?  Running from the Law… why? why? why?
The false NWO IMF homo druggy prostitute barry soetoro- a.k.a illegal president Barack Obama and AIPAC israeli jew controlled U.S. congress… stopped canceled my Social Security check the other day… on april 8th, 2011… they broke america’s piggy bank… gave away the pennies to the banks and told me “sorry” none for you! You are Many! We are Few… MORE FOR US! None for You!
I am a Disabled Veteran… I once Served My Country with Honor and Pride.
I murdered killed a NWO U.N. blue NAFTA DHS Cop Today… why? why? why?
 I had robbed the local Korean corner store… while the radio on the shelf played “Bye Bye American Pie”… I’d only pocketed a milk, hot pocket and a pie… ran by the screaming korean clerk for the open sky… hopped on my ex asshole neighbor kids pink huffy bike… peddling in a crazed manic flight… hauling fast down the lane… making my one handed get away… thinking “bye bye american pie”… smiling in mirth… while with my other hand grabbing from my shirt, a half frozen Hot Pocket… then a crushed Moon Pie… shoved both gleefully in my hungry mouth… I had gotten away … then I swore… “shit!”… it all dribbling down my beard… I thought; I shoulda done like Ben Bernanke… acted like a greedy Banker and taken more, more, more…
Then down the way… my calves screaming in pain… I slowed down… a mistake… an A.P.B. an All Points Bulletin – had gone out – “All Patrols Be On The Look Out for a Crazed Bearded Hobo Bum, Riding a Stolen Hot Pink Huffy Bike Down Main Street!â€; I’m screwed now… a NWO U.N. Blue NAFTA DHS Cop car pulled up behind, tires screeching… siren blaring , lights a twirling, screaming over the horn “PULL THE HELL OVER!”
At that time… I said to myself “FUCK IT!” an thought “I’m homeless cold and hungry”… this Asshole Cop isn’t gonna do me like “Rodney King”!… “The NWO U.N. IMF Fuckers did this to me”… I skidded to a stop “swiiishhhh!”… planted my worn out combat boots upon cool concrete of the street… reached into my sweat soiled pants waist… an pulled my cold heavy .45 glock like slow dead weight… fingers numb… pointed and leveled it at the windshield of the NWO U.N. NAFTA blue patrol car… looking the Cop dead in the eye… I recognized him, he use to be nice to me, always smiling when we met on the street… Officer Friendly, now wearing NWO Camo Combat Gear, with U.N. Sky Blue Patches… once our neighborhood hero… here to “Protect and Serve”… now no more… now he is a DHS Federalized Thug… a NWO U.N. NAFTA blue Storm Trooper Whore… ordered by our illegal false president obama to “Punish and Enslave!”
And while the innocent child in me… kept asking… “why, why, why ?”… the newly found Stone Cold Cop Killer in me… didn’t bat an eye… I aimed an pulled the trigger BLAMÂ BLAM BLAM 1,2,3… I emptied the clip right through the windshield… into the NWO U.N. blue NAFTA DHS Whore’s red screaming face!!!
Empty inside… now that I had unleashed all my NWO New World Order – Bilderberg Debt Slave Hate!
There I stood astride my stolen pink huffy steed… staring dead pan at the car’s brown vinyl covered rear seat, red blood, white bone chips and grey pink brain matter splattered over it. Staring through the shattered windshield and GAPING cavernous blood red hole that had been, Officer Friendly’s Red Raging New World Order U.N. blue NAFTA DHS Cop Face.
There I stood… Humming to myself “BYE BYE AMERICAN PIE”… thinking “I’m still Hungry!
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author after note:
{ There are over 600,000 unemployed war trained experienced Homeless poor starving Veterans just like our “hero†above walking thru your yards and living in the woods of your neighborhoods!} Just think about that for a moment America… there are more Veterans joining our ranks every day from the Illegal NWO Global Domination Wars and Economic Debt Slave War here in America. JUST PAUSE THINK ABOUT THAT FOR A MINUTE! Scary???? Maybe a little.
Wake up America, there are 1 million – 1,000,000 foreign troops and american traitor troops under the United Nations blue Flag, NAFTA blue Patch and IMF Bank Control right now; at this very moment here on American, Canadian and Mexican soil. Just waiting for our Illegal President Obama to call MARTIAL LAW! Upon which time they will crash the dollar, invade america and place you all; america under their U.N. NWO IMF military control. It’s either YOU or THEM!!! U.N. AGENDA 21 is here!!!
NOW is the time to…
Talk to family and friends…
AMERICA IS A LIE owned controled by The Bank Of England!
YOU ARE NOT FREE!
ARM UP STOCK UP PREPARE
PREDITOR OR PREY THE CHOICE IS YOURS!
And remember all US POLICE and SHERIFF DEPARTMENTS , NATIONAL GUARD TROOPS ARE NOW FEDERALIZED UNDER FEMA, DHS, NAFTA -UNITED NATIONS blue CONTROL!
They are not here to protect you! They are here to DisArm you – “Punish and Enslave!”
To Force you all under their nwo one world IMF WORLD BANK government control – NWO Debt Slaves one and all!
U.N. AGENDA 21 is here!
… spread the word.
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