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Earth Changes Bulletin Update As Of May 21, 2003
You have heard of the Weather Report? Here exclusively is this week’s "Earth Report" - a short review of the "big picture" about how the dynamic changes in the Sun and the Earth are effecting our lives more and more intensely, with the latest prognostications and predictions for weathermen, farmers, investors, businessmen, and every man. This update is keyed to the Earth Changes 2003 Almanac Calendar. The framework for understanding these updates and much of the current status information is maintained in capsule form in the Almanac at the locations cited in the text of this Update. On the geophysical front, all is lulling even despite the huge quake on the Algerian coast. Steady as she goes. For the geopolitical front, incompetence, corruption, and cronyism reigns over U.S. government while Republicrat politicians continue to devolve the U.S. into simultaneous domestic and international crises. U.S. economy softens rather than firms, and the U.S. proves it is conceptually incompetent to occupy Iraq and broker peace in Palestine. Both American initiatives currently are disaster zones. Both crises will take many more months to fully develop to their fullness, but meanwhile Al Qaeda stirs and demonstrates how easy it is with a few bombs to generate a spiraling national panic through the new Mass Hysteria Broadcast Media. The new round of fear creation plays into the hands of the Imperial Faction, who are proven right by it, and of course into the hands of Al Qaeda, who thusly obtain the over-reaction and over-involvement with their issues which they desire to fan into even greater support and violence. History appears to demand that the humanhood of America’s me-first crowd must first be proven inadequate on all levels before enough sanity can return to create a long over-due progressive populist political transformation in North America. In the meantime, DO NOT UNDERESTIMATE THE STRATEGIC CUNNING OF OSAMA BIN LADEN AND HIS GROWING NETWORK. The me-first crowd has successfully demonized Osama Bin Laden into a cartoon character of evil and vicious brutality. We do not have to like Osama, but it is always a mistake to deal with your enemy by demonizing him, it destroys your ability to see who he really is and what he is really doing, all the better to see how to defeat him. For the most part, the West, in hating him, does not see him and therefore has not a clue how to defeat him. The same can be said about that slippery character, Saddam. Most people saw him as a monster to be ridiculed, we forgot to consider that he, like Osama, is cunning enough and well enough provisioned enough to elude history’s most intensive manhunts. Currently Osama is at least two chess move ahead of Bush, he now has plenty of profile on how Bush thinks and works, and he may now be able to succeed in engulfing the Middle East in revolutionary flames, especially through Saudia Arabia and/or Yemen, by manipulating responses to Bush’s polarizing ways. For the next several months, it is Osama who will be playing the pipes, leading the world into greater and greater reaction. If Osama has a time frame for Saudia Arabia, I suspect that it will be late next Spring, in time to fully engage the U.S. in over-extending itself throughout the Middle East during the middle of the unbearably hot Summer and swing the U.S. Presidential elections to "Wartime" George Bush, who is perfectly and predictably stupid enough to be the perfect foil for Bin Laden’s Jihad. Expect therefore, that the bombing and terror Jihad will escalate progressively during the next several months, aimed at destabilizing Arab governments and causing more hysterical reactions in the U.S. to undermine the economy and the efforts to create peace in Palestine. _________________________________________________________________ Program Thesis: What are we trying to do with the Earth Changes Bulletin? Most news media do not handle technical and scientific subjects like geology and earth sciences very well. They don't understand the causes and effects of activities in the Sun and Earth. Accordingly, they often do not understand if, when, how, why to report earthquakes, volcanic activity, global warming effects The treatment often sounds absent-minded, poorly qualified, and frequently contains various technical errors. Seldom is the treatment entertaining and genuinely educational. Based on new scientific principles which have emerged during the past thirty years, many of the dynamic activities of the Sun and Earth can be linked together to see how a range of effects are linked together. This makes it possible to paint "the big picture" into a perspective which explains many diverse events and processes, especially climate and weather patterns such as global warming and El Nino. From the "big picture", long range predictions can be made for weeks and even months ahead. The result is sophisticated cutting-edge information which is objective, balanced, astute, relevant, and can be easily seen and appreciated by lay audiences. The perspective is generally global, seldom parochial. For the framework of concepts, terms, and current conditions which are used or described in the these Bulletins, see the Earth Changes 2003 Almanac Calendar. To see the internet resources which are used to prepare this Update, take a look at the Earth Monitor front page http://www.michaelmandeville.com/earthmonitor If anyone has any suggestions about evolving these pages, now is a good time as I devote a few minutes each day to revising menus and adding new links.
HOUSEKEEPING: We are back on the air with Alex Merklinger, 30 minutes on Wednesday nights for a quick review of major events, 6 PM Arizona Time, or 9 PM EDT Go to http://www.mysteriesofthemind.com/
POLAR MOTION What is happening to the motion of the Earth.
Steady as she goes.
AS PREVIOUSLY REPORTED: Despite many alarm bells being passed by psychics, there is not even a hint at the moment in the actual motion of the pole to suggest that there is going to be a sudden shifting in the poles next month (May) or some time later in this year. FOR NEWBIES: for the basic forecast, logic, and precursor signals of the next avalanche of the crust (pole shift), should check out: http://www.michaelmandeville.com/earthmonitor/ecbulletins/ REPEATED: PRELIMINARY FIGURE FOR RECENT DISPLACEMENT: This is a preliminary indication which needs more work: the average location of the pole appears to have shifted possibly as much as 91.1 inches or 231.5 centimeters since the beginning of 1996. That implies an average rate of shifting of the poles since 1996 of 13 inches/yr. or 33 centimeters/year. This rate is substantially higher than it has been during most of the 20th century. What the rate of acceleration may be I cannot determine at the current time. Is the crust of the Earth currently slipping over the molten mantle at a faster rate? Probably yes. To see the current graph of polar motion, see http://www.michaelmandeville.com/earthmonitor/topten_monitor.htm Scroll down the page until you get to the black and white graphs with show the x and y coordinates of the North Spin Axis on two separate graphs. For additional current details: see http://www.michaelmandeville.com/ebooks/ FOR NEWBIES: The vortex tectonics paradigm of the earth holds that polar motion in the 6.5 year wobble cycle (Chandler’s) creates the major stress in the Earth’s crust which is released by lunar tidal forces each month in the form of earthquakes and volcanism. The acceleration in the motion of the drift of the poles and its relocation forces an increasing tempo in the shape shifting of the Equatorial zone, where 70% of tectonic activity occurs. Accordingly, earthquakes and volcanic activity should increase in frequency and magnitude. PLANETS (all time coordinates here and elsewhere are in UTC unless otherwise noted) The Moon this day is in its South Node (south of the Earth’s Equator) and left the Full Moon Syzygy Window a few days ago. The next New Moon will be on May 31 with Apogee preceding it on May 28. (Perigee = the Moon’s closest approach to the Earth during its monthly orbit which increases gravitational influence of the Moon by as much as 15%; Apogee = the Moon’s greatest distance from the Earth during its monthly orbit). The next planetary alignment of Mercury | Mars is on May 24. It has already produced a minor peak of 60-100 sunspots. The next significant planetary alignment is June 30 when Mercury | Venus. This should produce high sunspot counts. In the meantime Mercury will have fleeting alignments with Neptune and Uranus, on June 4 and June 10 respectively. Neither of these alignments should be productive of high sunspot counts but minor spikes of perhaps 50 or so may be observed. (As previously noted, it is apparent that the Home Software dating method I used for manually calculating this alignment in the Almanac was off by about four days. This means that all of the dates for alignments on Earth Changes Almanac may be off by up to this amount until I fix them.) See Earth Changes 2003 Almanac Calendar for additional details http://www.michaelmandeville.com/ebooks/calendar2003/ The Almanac lays out the planets and the lunar phases for entire year in advance to allow you to find the best and worst periods of weather, earthquake activity, ethereal "lunar" influences, etc. PLANET WATCHING: Nibiru is nowhere in sight. All
predictions of Planet X and Nibiru have failed breaking/July2002/28sunspots.htm (watch the word wrap of this and other URLs, you may have to paste part of it into your browser manually) Mars: You may now be able to see this at dawn SUNSPOTS The events in the solar atmosphere which impact weather and climate patterns, the magnetic field and auroras, including forecasts for the week, month, and year ahead. Sunspots were at 21 on May 10. The numbers then rose over a few days all the way up to 97 on May 17 for the Mercury | Mars Alignment. On May 20, yesterday, they had fallen and leveled off to 80. They may have risen again today. Solar Flux rose to at 120 during the past several days and is still rising. This suggests that sunspot counts will rise some more. This may end up as a complex double-headed peak of sunspot counts. The next peak, if there is one, should not be larger than 97 and then it should drop to a new low, perhaps all the way down to 10-20. AS PREDICTED LAST WEEK: Sunspots should remain low until the Mercury | Venus at the end of June, with perhaps a couple of minor peaks in June for Mercury’s alignments with Neptune and Uranus. That should mean, in huge contrast to early may, that most of June’s weather should be mildly normal. Oh what a relief! NEWBIES: for a discussion of what has been learned with the planetary alignments producing high sunspot counts and solar storms and these in turn creating major storm activity in the Earth’s atmosphere, tune into this Sunspot Section in the last Earth Changes Bulletin Update: http://www.michaelmandeville.com/earthmonitor/ecbulletins/ watch the possible wrap of URLs onto a second line - any segment which dangles on a second line must be copied manually into the browser after clicking on the first line. Over all, the sunspot average count for February was 46.4 and for March it rose to 61.5. The number for April was 60. As of this moment, the Solar Wind Speed is a robust 512.4 km/s but at this hour (about 2 PM, AZ time) it is pushing a good density of 4.0 protons/cm3. Fluxgate Charts are more clear and calm than has been seen for several Wednesdays. But a new wave of magnetic ionic influx was recorded during the past 8 hours, probably connected with a new coronal hole in the Sun’s atmosphere which is now aligning with the Earth. NASA SOLAR STORM REPORTS NASA today is tepidly predicting small probabilities of solar storms and flares, less than 15% probabilities. NASA’S AURORA OUTLOOK: "Be alert for auroras on May 22nd or (more likely) the 23rd. That's when Earth is expected to enter a solar wind stream flowing from a coronal hole on the Sun." Jan Alvestad reports: "The geomagnetic field was quiet to minor storm on May 21. Solar wind speed ranged between 353 and 563 km/sec. A high speed stream from coronal hole CH40 arrived at approximately 11h UTC at ACE and dominated the solar wind for the remainder of the day." Jan Alvestad predicts: "A recurrent trans equatorial coronal hole (CH40) was in a geoeffective position on May 18-21. A recurrent coronal hole (CH41) in the southern hemisphere will rotate into a geoeffective position on May 24. The geomagnetic field is expected to be unsettled to minor storm on May 22-24 due to a high speed stream from coronal hole CH40 and quiet to active on May 25. " See http://www.dxlc.com/solar/ EARTH WEATHER PREDICTION FOR THE NEXT SEVEN DAYS: Solar influences on the Earth’s atmosphere will remain petulant for the next several days but at substantially less levels of energy than has ruled April and the first half of May. The weather should be even less extreme for the next five days than it was during the past seven days. The weather in fact is lulling out right now, the atmosphere is losing energy rapidly and so the next three days will be mostly quiescent. As related to ionic influx from planetary alignment induced solar activity: May 27 to June 2 will bring a renewed waves of storm fronts. This will be mild compared to the previous surges. The next one will come June 7 to June 18. This one should be minor. To follow these numbers, view the Solar Cycle 23 Chart at http://www.michaelmandeville.com/earthmonitor/topten_monitor.htm GLOBAL DROUGHT AND FLOOD WATCH Stories and assessments about drought and flood conditions around the world; global information which provides the ability to assess the impacts to agriculture and the natural environment. For additional details, see http://www.michaelmandeville.com/ebooks/calendar2003 EL NINO WATCH: AS PREVIOUSLY PREDICTED: There may be a La Nina during the later part of 2003 and through part of 2004, but it is likely that it will be barely noticeable because of the accumulated "Global Warming" and the relatively high levels of volcanic heat venting in the Earth. The next El Nino is likely to appear in 2005 or 2006. CHEMTRAILS
See http://www.deepspace4.com/pages/main/pagemain.htm EARTHQUAKES Around the world to see the current and potential patterns of seismic activity, with coverage of the windows of danger. I prepared this section by pulling out the Earth Changes 2003 Calendar which has everything plotted on it. You should too. Check out the Almanac as well, it discusses all of the windows for the year and even spotlights the two most dangerous windows. Despite prognostications from psychics and my own intuitions, frequency and magnitudes were lower for this past window than the preceding New Moon Syzygy Window. Go figure RECENT EVENTS OF INTEREST THIS PAST FEW DAYS The prior week had 6.0 plus quakes, one of the coast near Colima, Mexico, one in Fiji Islands area, and most notably, a 6.7 quake with two large after shocks 5.2 and 5.7 along with hundreds of minor aftershocks earlier today right on the coastline of Algeria where the African Tectonic Plate is over-riding the Eurasian Plate (the Mediterranean Sea is the area which is sinking under Africa). The Colima Coastal (vicinity) quake is near a complete junction of tectonic plates, the North American Plate, the Carib Plate, the Pacific Plate, and a little to the North, the Baja Plate. Accordingly, this is a more unstable area than most areas. The release of energy here may signify increased quake activity along the margins of Baja, esp. in Southern California. Look now to the possible release of greater than normal seismic energy this coming New Moon Syzygy Window. Magnitude 6.7 NORTHERN ALGERIA 2003 May 21 18:44:19 UTC ALGIERS, Algeria - A strong earthquake shook the Algerian capital region Wednesday night, killing more than 250 people and injuring 1,672 others, state-run radio said. The quake hit about 7:45 p.m., cutting electricity in some neighborhoods of Algiers and causing panic throughout the city. It was followed by at least three aftershocks. Algerian officials gave the magnitude at 5.4, but the U.S. Geological Survey in Washington put it at 6.7. The cause of the discrepancy wasn't immediately clear. State radio said that most of the deaths occurred near the epicenter, located near Phenia, about 40 miles east of Algiers. According to the radio, 104 people were killed in the town of Rouiba, 20 miles east of Algiers. Also, 50 died in Boumerdes, about six miles from the epicenter; 42 were killed in the town of Ain Taya, about 20 miles from the capital; and 15 were killed in Algiers, the capital. Two more deaths were counted in the Berber capital of Tizi Ouzou, and one more in Bouira, both further east, the radio said. Earlier the Interior Ministry put the death toll at 95. "I saw the earth tremble. I saw people jump from the window of the hotel," Icham Mouiss of Boumerdes told French television station LCI. Interior Minister Nouredine Yazid Zerhouni traveled to Phenia and Boumerdes. A call for blood donors was issued and medical personnel were asked to pitch in and help. A hospital in the town of Baghlia was seriously damaged by the quake and numerous roofs in towns around the epicenter caved in, the Interior Ministry said. In Algiers, cracks appeared in a number of buildings. LCI air footage of a stairwell in one building that had crumbled to the ground. People thronged the streets, afraid to enter their buildings. Butch Kinerney, spokesman for the U.S. Geological Survey, called it a shallow earthquake that was capable of causing "significant damage and injuries." He said that in 1980, hundreds of people were killed in a magnitude 7.7 quake in the same region. "This is the largest since then," Kinerney said. © 2003 The Associated Press
Preliminary Earthquake Report U.S. Geological Survey, National Earthquake Information Center World Data Center for Seismology, Denver Magnitude 6.7 Date-Time Wednesday, May 21, 2003 at 18:44:19 (UTC) - Coordinated Universal Time Wednesday, May 21, 2003 at 07:44:19 PM local time at epicenter Time of Earthquake in other Time Zones Location 36.89N 3.78E Depth 10.0 kilometers Region NORTHERN ALGERIA Reference 70 km (45 miles) E of ALGIERS, Algeria 95 km (60 miles) ENE of Blida, Algeria 165 km (105 miles) WNW of Setif, Algeria 235 km (145 miles) ENE of Ech-Cheliff, Algeria http://neic.usgs.gov/neis/bulletin/neic_ubbj.html Tectonic Setting The earthquake occurred in the boundary region between the Eurasian plate and the African plate. Along this section of the plate boundary, the African plate is moving northwestward against the Eurasian plate with a velocity of about 6 mm per year. The relative plate motions create a compressional tectonic environment, in which earthquakes occur by thrust-faulting and strike-slip faulting. Analysis of seismic waves generated by this earthquake shows that it occurred as the result of thrust-faulting. Algeria has experienced many destructive earthquakes. On October 10, 1980, the city of El Asnam (formerly Orleansville and today Ech-Cheliff) was severely damaged by a magnitude 7.1 earthquake that killed at least 5000 people. The site of El Asnam is situated approximately 220 km to the west of the recent earthquake. The same city, as Orleansville, had been heavily damaged on September 9, 1954, by a magnitude 6.7 earthquake that killed over 1000 people. On October 29, 1989, a magnitude 5.9 earthquake struck about 110 km to the west of the recent earthquake and killed at least 30 people.
The greater portion of quake activity continued in in Eurasia, running through the Medit-Himalaya Belt and through the Western and Southern portions of the Pacific Rim of Fire. Still, relatively little in the Americas. To see the world quake chart by the USGS, click on http://neic.usgs.gov/neis/current/ The USGS charts (such charts show all quakes 1.0 and above) for the U.S. and Alaska show 325 quakes for the past seven days (which is up from last week’s 253) with the USGS chart for California/Nevada showing 254 of these in California during the past seven days (which is up from last week’s 171). Next week’s quake activity in these areas should be down. The small increase in activity was IN the correct pattern for a Full Moon Syzygy, but the action was weak. Activity in California was widely scattered throughout all primary fault zones. All other North American quake activity was contrarian, generally down from the prior week. The USGS Chart of Yellowstone Cauldera Area shows 18 microquakes during the last week (same as last week) and 20 quakes scattered throughout Utah (down from 39 last week). Hood had no new microquakes and the USGS chart for Long Valley Cauldera (Area) showed a running total of 5 (down three from 8 last week). The USGS Chart for the Pacific Northwest reveals 25 quakes (two week sum, down from 49 microquakes last week) most of them widely scattered through Puget Sound and Cascade mountains in Washington State.
VOLCANOES Around the world with the most interesting and relevant volcano stories; briefs on the likely eruptions as well as coverage of on-going activity. El Popo offered a 10 puff day yesterday, down from last Wednesday. Centrapred reports for May 21 (16:00 GMT) that "As of 1100 (1600 GMT), the 21st of May, and after having been translated from Spanish, CENAPRED has reported that in the last 24 hours, the Popocatépetl volcano monitoring system detected 10 low-intensity exhalations accompanied by steam and gas. In addition it were detected some episodes of pulsating tremor for about 1 hour. The other monitored parameters remain without important changes. During this morning and at the moment of this report CENAPRED can see the volcano with low fumarolic activity." Following on last week’s slight uptick, volcanic activity worldwide this past seven days may be up even more. The Southwest Volcano Centre reports 39 volcanoes on the alert status list (same as last week), 4 volcanoes on the restless list (same as last week), and 25 on the active eruption list (same as last week). CAYCE VOLCANISM WATCH: Does this activity fit the Cayce equation? (Cayce equation: upheavals in arctic/antarctic zones =>creates volcanism in equatorial zones). The prior three weeks gave us several fairly large quakes along the edge of the Antarctic Tectonic Plate. These are still continuing. For the last two weeks the rebound in volcanism is slowly getting noticeable. Since about 70 percent of the volcanism is in the tropical zone, it is likely that the uptick in activity fits Cayce’s mechanism. For this week, activity is at some level or even somewhat reduced (the emissions seem down this week). We need to wait for the New Moon Window to check this out further at the moment. ECONOMIC WATCH AS PREVIOUSLY PREDICTED: It is doubtful that any economic recovery will begin to be felt until later in the year, probably not until Fall of 2003. DITECH.COM ARBITRAGER: Their TV ad rates were down from the last week’s: from 5.125 and 5.444 to 4.875 and 5.168 as of today for short and long term rates. This is definitely a contrarian signal, suggesting that the economy is very soft. As Lou Dobbs mentioned tonight, "this is a jobless recovery", which means it aint no recovery at all. EURO WATCH Here is the two year chart for the value of the dollar vis a vis the Euro http://finance.yahoo.com/m5?s=USD&t=EUR&a=1&c=2 In Mid November 2001, the dollar could purchase about Euro 1.18 In May 2002, the dollar could purchase about Euro 1.10. During the past two months, the dollar could purchase about Euro .91 to.93 Three weeks ago, the dollar could purchase about Euro .8946 Last week the dollar can purchase about Euro .8745 Today the dollar can purchase about Euro 0.859 In other words, the Dollar on average appears to be continuing a 24 month slide and it clearly is losing about a penny per week the past three weeks. PUT YOUR EAR TO THE MONITOR. THIS IS THE GIANT SUCKING SOUND OF VALUE BEING REMOVED FROM THE AMERICAN ECONOMY. It is going to keep going and may end up in the range of .70 sometime this year. AS REPORTED: This now appears to be a deliberate policy of the U.S. military industrial complex to stimulate demand for American goods in Europe and Asia. This is one of the ways in which the Imperial Faction is going to tax Europe to inadvertently pay for a part of the invasion of Iraq. I believe that it is well worth buying euros now. AS PREVIOUSLY REPORTED: With control of Iraq’s oil, and no doubt the thirst of the Iraqi’s for some serious income, it will be easy for American institutions to cause a major surplus of oil production on the world market, forcing oil to be cheap in terms of dollars. By forcing the Euro to be expensive in terms of dollars, Europe will have dirt cheap energy but it will not be able to export nearly as much manufactured goods as they might want to export. But this will be a boon to American exporters because the cost of their goods will be cheaper and exports to Europe should boom. This should also be a boon to tourism. European tourism in North America should increase substantially during 2004. It gets really interesting if they force another 20 per cent differential in values between Europe and America. China will begin to become squeezed and a good portion of the balance of payments problem will begin to dry up. And Europeans will be in the Americas spending their money on everything in sight. This should also slow down China Walmart Inc. Chinese goods will get more expensive, but probably only marginally so for the next couple of years. The confidence bubble is failing and Al Qaeda is spooking everyone. U.S. Congress continues its betrayal of the middle class: defense goods, for which there will be huge orders, can now be bought anywhere (under just passed legislation) rather than just from American Manufacturers. Corporate Globalism has just taken another giant leap and the giant sucking sound in the economy WILL MORE THAN LIKELY ACCELERATE. The current so-called economic recovery remains a shell game and it is likely to be "a jobless recovery" because of the continued rampant flight of American corporations overseas. Ask yourself, why are the rats deserting the ship? If you do not have a job the situation is looking pretty grim for the remainder of this year. GENERAL PREDICTION DJI AVERAGES: Conditions remain unstable Bad economic signals and the upsurge of terrorism this past two days suggest slowdown, Bulls are silently mulling. If Al Qaeda comes in with a stronger play, markets will go more deeply south for at least a month. I am probably going to end up revising downward this next item. I will let it stand for another two weeks, say till the New Moon: AS PREVIOUSLY PREDICTED: The DJI gained 500 points during April with many 200 point mood swings to close April 30 at 8,502. We can probably expect similar growth during May and June. By the time the Dog Days set in the DJI may be up in the range of 9200, plus or minus 300, BUT this is proviso because of the fragility of both the economy and international politics. Strong negatives in the news could depress these numbers and keep the DJI under 9000. Eventually this number will flatten during July and August and will then continue to inch up during the Fall. By the end of the year, the DJI may be pushing 9500-10,000, but only if jobs are being created and retailers are reporting a decent year end sales season.
AS WITH THE LAST SEVERAL WEEKS, LAST WEEK’S CLOSING DJI PREDICTION HIT THE MARK: "Stocks will rally slowly upward and may close 8600, plus or minus 200. Expect to see a gradual inching up, not inching down. " IN FACT, the market closed the week at 8,678.97, up 73 from the close of the previous week. AS PREDICTED LAST WEEK: EXPECT TO SEE OSAMA AND THE BOYS UNHINGE NEW YORK SERIOUSLY DURING THIS NEXT LUNAR CYCLE. Today the DJI closed at 8,516.43, showing a definite weakening. The main issue is the terrorism in the winds. Expect the market to slough this week, but I AM LETTING THESE PREDICTIONS RIDE AGAIN FOR NEXT WEEK WITH THE PROVISO THAT A TERRORIST HIT IN THE U.S. WILL WILL WILL BLOW THE MARKET SOUTH. AS PREVIOUSLY STATED: Beyond 9000, the market cannot remain until a real turn around is evident in the U.S. economy. So far we are empty-handed in this department. This next paragraph will probably require revision. I was not prepared for the depth of U.S. government incompetence. The U.S. Iraqi Occupation command has NO NO NO general social-political model for what to do with Iraq. Things are very awkward there and they have no grasp of how to connect with Iraqi people nor involve them in anything. The whole process is managed by nice, well-meaning putz’s in an atmosphere where American sharks are busy scavanging the oil industry. Things will get dicer and dicer as time progresses. (TO BE REVISED) AS PREVIOUSLY PREDICTED: The easy success in Iraq and the increasing acceptance of the Iraqi people, along with a huge $80 billion short term spending bill for the Pentagon and Homeland Defense, plus the likelihood of huge Iraq reconstruction bonds and contracts to be let out in the next few months, all auger for confidence in the coming of an expansion of the U.S. economy and an upsurge in stock values. By May there may be enough apparent buoyancy to consider a buying strategy for the next two to three years. I would wait, however, and let things firm up a bit during the summer. Then scoop up what you want to buy in late August, before Labor Day. MAJOR ADVERSE CONTINGENCIES: SARS - The SARS virus may disrupt even more air travel enough to cause another depressive wave to flow through the economy, which will send the stock market south by a long ways. If so, ALL BETS are off. This nasty downward economic spiral could continue and induce another huge depressionary wave. Conditions in Iraq - getting worse U.S. Diplomacy - distracted, unfocused, and self-contradicted Price of Oil - improving Osama Bin Laden and Al Qaeda – the threat is growing Palestinian Peace Process – managed by the same incompetent approach as has been traditional HEALTH WATCH SARIS SITUATION dwindling. I think this is a strange case of a strange panic and we may not ever get to the real story.. GEO-POLITICAL WATCH How are the sunspots likely to most effect human affairs during the weeks and months ahead? The more events unfold in Iraq the more it is really clear that the entire escapade is primarily a jingoistic play for oil, big money, petrodollar backing, and empire. AS REPORTED LAST WEEK: On the ground in Iraq, THERE IS NO ONE WITH AN OUNCE OF VISION ABOUT WHAT TO DO NOR HOW TO DO IT to reestablish a civilized society. The vaunted U.S. Military does not even know how to re-establish order and stop the looting, burning, and growing anarchy. They obviously are in the embarrassing condition of being able only to mainly occupy certain key places and spaces. Beyond that, they don’t know what they are doing. THE SAVING GRACE REMAINS AS STATED IN PREVIOUS WEEKS: It appears that events in Iraq are stabilizing and will require such a large armed U.S. force to impose the "Pax" that it is unlikely that the U.S. Military can expand Imperial adventurism in the Middle East. It is probably unlikely that any military moves will be made against the "Axis of Evil" countries this year or next. (At the moment, the "power greed" of the Imperial Faction is working in our favor. They have bitten off as much as they can possibly chew and they will be busy for quite a spell.) SIGN OF THE TIMES: it looks like, America’s hot adventure "reality" show, "The Empire Strikes Back" HAS successfully keep much of the corporate scandals under the rug. Ken Lay, just a good ole boy Texan, the Presiding Officer of the rape of California Consumers, otherwise known as Enron, is still scott free with his crooked billions…None of the indicted crooks are in jail. ARE YOU SURPRISED?
SIGN OF THE TIMES II: We still have ABSOLUTELY NO IDEA HOW MANY PEOPLE WERE KILLED AND INJURED IN IRAQ. Did you even notice? SIGN OF THE TIMES III: We still have ABSOLUTELY NO EVIDENCE THAT SADDAM HUSSEIN HAD WEAPONS OF MASS DESTRUCTION. Are you holding your breath? WHAT ARE WE RULED BY? INCOMPETENCE, WE ARE DROWNING IN INCOMPETENCE We have a President who leads a coterie of managers who are so incompetent and cravenly manipulated by grandiose but narrow special interests with very little historical perspective, that Bush and Company are nearly single handedly destabilizing the U.S. into simultaneous domestic and international crises. Domestically he has stalemated the entire country by insisting on an economy recovery plan which almost no professional economist understands nor can back because it is essentially a snaky scheme to destroy a tax system which people are being pressured to regard as economic recovery. No one can figure out how to react rationally to this utterly goofy scene. The U.S. military performed its job quite well to win its battles. But the wider war for the future of the Middle East has only begun. Currently, the leadership of the United States is completely outclassed intellectually. This situation will continue to worsen for all concerned until the conceited idiots in command of the U.S. government are replaced.
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