UA-18677992-1

21 Days: Windows Opening and Closing or Imploding

By John Galt

December 19, 2008

Window #1: December 19 to December 31

GMAC bank bid fails. This requires and additional bail out for Cerberus and GM to prevent a complete collapse in Chrysler and GM. If the GMAC bank bid fails and they file for bankruptcy, whatever funds provided to the automakers before Christmas will be irrelevant as the car makers lose their financing arms and no banks will step forward to bail them out due to the horrid holdings in GMAC’s portfolio. This could trigger a severe reaction as dealers fail by the hundreds in a very short time period and numerous suppliers join the parade to file for Chapter 11 bankruptcy before year end as they see that GM will not be able to pay them back due to the inability to finance new car sales or leases.

Window#2: December 24 to January 11

Israel removes the Iranian threat using unconventional means.

The construction of Iranian nuclear labs and processing centers all but guarantees the use of conventional penetrating bombs to be useless for permanently disabling functionality of the labs or even harming the key operating points buried deep underground. This could force Israel to use atomic warheads that penetrate underground then detonate basically sealing the lab and its inhabitants in a radioactive underground tomb and destroying the viability of the location. Secondary targets to insure that no retaliation against Israel herself will be eliminated also. The reaction of the sleeper cells Iran has planted world wide, including inside the U.S. and Europe, plus the Arab street will be the most dangerous aspect of such action. Add in the recent declarations by the Indian Defense Minister that the “military option is not off the table” with regards to Pakistan and trouble is on the horizon. Many a war that does not involve the U.S. are much better to start while we are on our holiday break period. We are also witnessing more Russian arms trading activity with Israel and feelers out to Turkey. This is accelerating at a pace equal to our decline in influence in world events.

Window#3: December 31 to January 11

Bush loses control. The bumbling fools who run our economy will make one mistake too many resulting in a total collapse of the banking system. This collapse will require a “restart” which means that until it is stabilized in the eyes of the regulators and political powers, it will be shut down inside the U.S. and probably Canada and the U.K. This would explain the recent news articles in the mainstream media about military movements inside the United States and “exercises” being conducted with civilian agencies.

Window#4: December 26 to January 8

The terrorists take advantage of our weakened state and hit us after Christmas or during a major event during the holiday season. This would instantly trigger the unthinkable inside the U.S. and the world knows we are at a point where we could not take such a hit. The financial system would collapse. Martial law would be declared on a regionalized basis. The start of new military operations inside and outside of the U.S. is almost a foregone conclusion. And President Obama’s grand inauguration might well be cancelled and concluded in the bomb shelter inside the United States Supreme Court.

Comments are closed.

Benzinga News Feed




Translation

EnglishAfrikaansالعربيةՀայերենEuskaraБеларускаяবাংলাБългарскиCatalà中文(简体)中文(漢字)HrvatskiČeštinaDanskNederlandsSuomiFrançaisქართულიDeutschΕλληνικάગુજરાતીKreyòl ayisyenעבריתहिन्दी; हिंदीMagyarÍslenskaBahasa IndonesiaGaeilgeItaliano日本語우리말LatīnaLatviešu valodaLietuvių kalbaмакедонски јазикBahasa MelayuNorskپارسیPolskiPortuguêsRomânăРусскийCрпски језикSlovenčinaSlovenščinaEspañolKiswahiliSvenskaతెలుగుภาษาไทยTürkçeУкраїнськаTiếng Việtייִדיש
by Transposh - wordpress translation plugin

Gold/Silver/Dollar Charts

US Market Watch

U.S. Treasuries

World Market Update

Galt Tweets

Reproduction Policy

ALL material on this website may be reproduced in full ONLY with the authorization of the owner of JohnGaltFLA.com. Links, partial reproductions with links and accreditation are acceptable. If you wish to contact the owner regarding permissions and formatting of reproductions of the works at this website send an email to:

johngaltfla@aol.com

Thank you.

JohnGaltFLA.com Privacy Policy

Information we collect and how we use it

JohnGaltFLA.com may collect the following types of information:


Information you provide – At no point in time will JohnGaltFLA.com ask for personal or private information regarding your visit to this website. Third party advertisers however may ask for this information regarding transactions initiated from links of which JohnGaltFLA.com has nor oversight nor responsibility for the information requested or how it is stored at their website. Consult your domain administrator’s privacy policy for more information.

Cookies – When you visit JohnGaltFLA.com, we send one or more cookies to your computer or other device. We use cookies to improve the quality of our service, including for storing user preferences, improving search results and ad selection, and tracking user trends, such as which articles and sections are the most popular at JohnGaltFLA.com.

Logs – When you access JohnGaltFLA.com via a browser, application or other client our servers automatically record certain information. These server logs may include information such as your web request, your interaction with a service, Internet Protocol address, browser type, browser language, the date and time of your request and one or more cookies that may uniquely identify your browser or your account.

User communications – When you send email or other communications to JohnGaltFLA.com none of the information is sold to third party affiliates or advertisers. All communications are the private information of the owner of JohnGaltFLA.com and the party which initiated the communications.

Third Party Applications – JohnGaltFLA.com may make available third party applications, such as gadgets or extensions, through this website. The information collected by JohnGaltFLA.com when you enable a third party application is processed under this Privacy Policy. Information collected by the third party application provider is governed by their privacy policies.

Other sites – This Privacy Policy applies to JohnGaltFLA.com only. JohnGaltFLA.com does not exercise control over the sites displayed as links, sites that include Google applications, products or services, or links to other websites or advertisers. These other sites may place their own cookies or other files on your computer, collect data or solicit personal information from you.