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Wednesday, March 2, 2011

Newsletter about the City Council meeting of March 1, 2011

This newsletter is about the Hickory City Council meeting that I attended this past week. City council meetings are held on the first and third Tuesdays of each Month in the Council Chambers of the Julian Whitener building.

At right of this page under Main Information links is an Hickory's City Website link. If you click on that link, it takes you to our city’s website, at the left of the page you will see the Agenda's and Minutes link you need to click. This will give you a choice of PDF files to upcoming and previous meetings.

You will find historic Agenda and Minutes links. Agendas show what is on the docket for the meeting of that date. The Minutes is an actual summary of the proceedings of the meeting of that date.

Here is a summary of the agenda of the 3/15/2011 meeting. There were a couple of important items that were discussed at this meeting and the details are listed further below:

Please remember that pressing Ctrl and + will magnify the text and page and pressing Ctrl and - will make the text and page smaller. This will help the readability for those with smaller screens and/or eye difficulties.

Invocation by Rev. Karla Woggon of Episcopal Church of the Ascension

Special Presentations:
A. Presentation by Deputy Fire Chief George Byers and Senior Firefighter Darlene Huffman Requesting Council’s Approval for the 2011 PINK Heals Tour to Come to Hickory on September 22 - 24, 2011 in Support of the Fight Against Cancer in Women - Hickory is the second city in North Carolina to be selected for this. High Point was in 2010. The goal is to help area non-profit agencies. this will be an annual event. Mrs. Huffman stated that her mother was diagnosed with cancer in 2006 and did not have insurance. In 2008 her mother passed away. She wants to hep do this min honor of her mother. She wants to raise more money than High Point did ($60,000). The goal for Hickory is $25,000. This money will help with co-pays, transportation, house cleaning for 4 months, and mowing yards. Stephanie Drum spoke about the ways that these monies would be raised.

The Hound thought this was very touching. We have all been affected by people who have had cancer or passed away due to cancer. One could see how important this mission is to Mrs. Huffman and frankly it is to us all. One of the defining moments of my life was when my grandfather died from terminal cancer in 1999 and it is tough to watch anyone go through that and it is tough on the families that go through that process, especially when the spouse needs to work. And to hear the struggles related to insurance. We all know people who have faced these challenges and so we should all be supportive of this cause.


B. Presentation of FY 2010-2011 Board and Commission Work Plans Board / Commission Presenter - The Mayor has stated in the past that this was one of his favorite meetings of the year when we get to learn what our civilian volunteers are doing. Only 1 out of every 200 of our citizens participate on one of these boards. (Oops!, I left the animal control advisory board presentation from last year on this part of the article. I have now deleted it. The animal control advisory board no longer exists by decision of the city council a couple of months ago. I ain't the best proof reader in the world -- sorry).

1. Library Advisory Board - Ms. Judy Ivester -Asked for no money. In November the Council approved the Library's strategic plan. The Library is a focal point in the community. The new mission of the library is to encourage the exploration of new ideas and support local education; enhancing the economic vitality of the region and strengthening the sense of community, while enriching the quality of life for all. At this time, the library has 3 key positions frozen. The goal is to recruit, vet, and train volunteers to help with homebound services, senior outreach, and to perform regular library functions. To help with library services, each of the nine board members have pledged to help with library services by volunteering 24 hours to time towards this effort.

On the State level, the board will advocate for the library by attending Library day in Raleigh and by contacting state representatives about specific library related issues, will help the library without taxing existing library resources.

Technology plays a big role in and outside of the library. Each month 9,000 to 10,000 patrons utilize the library's 51 computers and another 10,000 patrons each month come to use the library's wireless network. The computers allow for the use of a virtual library. Offers real time records. Mrs. Ivester went into the library's formation of a technology garage, which allows patrons to learn and use new technologies. Technology Talks classes have been sellouts. In these tough economic times, it is smart for the library to join with other institutions to offer programs that they cannot afford on their own. She spoke about the Lenoir -Rhyne visiting writers series. The library sponsors one of these events each year -- Alexander McCall Smith will be the author this year visiting to Hickory. He usually only visits larger cities. This helps to promote our Quality of life and that is important in this climate. A library subcommittee will develop a series of programs around this author's visit. Last year the library counted on average 37,000 patrons per month and this year the number has risen to 39,000. This will allow the library to maximize its investment and attract new patron and the visibilty of the library in this region.

Mrs. Ivester talked about the library as an economic driver. In 2007, the North Carolina Library Association held its bi-annual conference at the Metro Center. It drew over 1,000 attendees to Hickory for 3 1/2 days. Prior to 2007, the last time one of these conventions west of I-77 was in the 1950s. Mary Sizemore and her staff did such an excellent job the last time that the NCLA is coming back this fall. This will out significant dollars into our economy, but at this time the library staff is severely stretched even with the board coordinating having volunteers to coordinate arrangements. Mrs. Ivester left by talking about the library, in coordination with Lenoir-Rhyne, bringing David Baldacci to Hickory on March 31,
This event could not happen without that coordination along with the friends of the library. The Friends have supplemented the budget, just so that the Library can do extraordinary things for the community. Mr. Baldacci has 19 best seller's to his credit. His last book "Hell's Corner" debuted at number 1 on the New York Times best seller list in late November. (The Hound always appreciates Mrs. Ivester's straightforward updates. No fluff, she submits the challenges they face, what they are doing to solve the challenges, and the opportunities that lie ahead. You can tell that she spends time on these presentations and it isn't a cut and paste presentation from the past moved forward to this year. While some of the information is similar, she always injects new subject matter. This shows that the library has energy and has "It" going on. They aren't resting on their laurels -- Mary Sizemore and that staff should be shown gratitude for the work they do. These presentations truly show respect for the process and that in and of itself lends credibility when Mrs. Ivester makes presentations, because it attracts your attention.)


2. Citizens’ Advisory Committee Mike Holland - Todd Hefner presentation. Reviewing Block Grant Funds, North Carolina Housing Finance Agency Funds, and other Community Based Funding. Recommend Loan Applications related to the above to City Council. Trying to create affordable housing for the Green Park, Kenworth, Ridgeview, and West Hickory Neighborhoods. Working with the WPCOG for affordable housing through First Time Homebuyer Program.

3. Community Appearance Commission Mr. Leroy Harris -Requesting $51,300 1) Community Revitalization through community appearance ($30,000) and landscaping ($10,000) matching grants for aesthetic improvements. 2) Litter program for Saturday pick up ($10,000) augments the city's existing effort to clean up litter. 3) Tree City USA - Arbor Day Tree Celebration ($700) 4)Beautification awards ($100 for awards and certificates) - Adopt a Spot program. (The Hound is glad to see that the CAC is making efforts to improve conditions in more parts of the city and broaden its outreach).

4. Community Relations Council Ms. Alice Whitener - Overall plan costs $17,000. Maintain the grants program from the past, which assists private non-profits and public agencies ($12,000). Multi-Cultural event to be sponsored every year. Encourage City leaders to be educated on Human relations issues that can create better human relations in the city. Those given grants will be asked to partner with the CRC more.

5. International Council Mr. Hani Nassar - 7th time he has presented before the City Council. 12 members represent 9 countries. Spoke about the 8th and 9th annual Springfest at the SALT Block. PANGEA United Nations Conference held at Lenoir Rhyne on March 9 and 10, 2011. Working in association with the Footcandle Film Society to show International Films. Community Conversations - Community Outreach at the Library and other high traffic areas. All area schools are represented at their meetings. Budget is growing slightly ($10,000). Mary Sizemore has acted as a Liason between the city and the International Council.

6. Hickory Youth Council Ms. Sarah Carter - Comprised of 25 students from all of the area high school (public and private) Act as an advisory group to the City Council and liaisons to the various Borads and Commissions. Participate at State youth conference events. Participate in service events such as Cops for Tots and Animals for Alex. Host Dialogue Circles - This year they will discuss Cyber Bullying and other social media. Promote community and general public knowledge in the hearts and minds of our youth. Requesting $3,600 for general uses, programs, and a possible Summer retreat. (The Hound Knows this is a good Investment, because kids need to be more civic minded.)

7. Hickory Regional Planning Commission Mr. Brian Frazier
- Implementation of the newly revised Hickory by Choice and the Land-Use Development plan. Getting geared up and used to the new codes. Optimistic about their application and possible reception of new Brownfield Grant monies ($200,000 or $400,000). Should know by Memorial Day.

8. Historic Preservation Commission Ms. Ernie Sills - This past year they updated their ordinances and by-laws. Designated the Train Depot as a local Historic landmark. Held a public hearing on recommending the former Ridgeview Library for the national registry. Asking for $10,100, $5,000 of which will be utilized to for offsetting the costs of incentive grant programs for Historic Designations. They want to extend outreach for the idea of Historic Preservation.

9. Parks and Recreation Commission Ms. Kelly Hurley - (I encourage you to go read the minutes of the January Parks and Recreation Meeting. It is very descriptive of this whole presentation. Ms. Hurley went over the list of goals and stated that this year the commission voted to not rank the objectives in order of priority. The Parks and Recreation staff now provides an e-newletter. She also gave a thorough update of the Hickory Community Gardens at Civitan park and Taft-Broome Park. The Civitan Park now has 40 plots compared to 20 last year. The North Carolina cooperative extension service is partnering with Parks&Rec to provide classes to citizens. She went into public-private and other partnerships that provide more opportunities for the people of the area.

1) Support completion of the Sandy Pines Park master site plan as recommended in the Parks and Recreation Master Plan and endorsed by Hickory By Choice. Should the decision be made to market and sell residential lots on Cloninger Mill property, some of the proceeds should be used to fund completion of the master site plan for Sandy Pines Park. 2) Pursue the creation of a parks and recreation endowment/foundation for the city of Hickory. 3) Support the City of Hickory in its efforts to provide an aquatic recreation facility that would serve the entire Hickory community. 4) Support the development of an outdoor amphitheatre at Henry Fork River Regional Recreation Park. 5) Pursue the development of a dog park within Hickory’s parks system. Proceed with plans to develop the dog park at Fairbrook Optimist Park as previously recommended. 6) Support the City of Hickory in its efforts to develop greenways and trails in accordance with the 2005 Greenways and Trails Master Plan. Work with staff to prioritize the recommendations contained within the master plan and develop an implementation strategy. 7) Support the efforts of the Hickory Landmarks Society to refurbish the Boy Scout Hut located within Geitner-Rotary Park. 8) Begin study and research on the potential implementation of a park ranger program for Hickory’s parks system. Focus should be on both law enforcement and interpretive education components for the program. 9) Pursue local partnerships and collaborations to establish a program to provide accessibility and affordability for swimming lesson to be made available to all children licving within the City of Hickory 10) Support the development of the proposed Cloninger Mill Park as recommended by the approved park master site plan.

(The Hound thought this was an excellent presentation. It was on point and I appreciate Ms. Hurley's enthusiasm related to the Community Garden Project. It has really been a success and I think the movement will really grow moving forward. I think that going out of their way to try to put a chill on the Swimming Pools issue is understandable, but in the end it is a waste of time, because what has happened is not going to be forgotten. In the end, people aren't going to blame the people on the Commission or the P&R staff. They are going to blame the people who were behind the decision; who showed no sense of respect for the people of those communities who were affected. That is the sad, but true, reality of the mess. The people know who and what was behind all of this. The people who cared about this issue are not going to hold hands and sing Kumbaya. It was not only the dishonesty from the get-go related to the subject. It was the fact that the City officials created a tyranny by not listening to the will of the people and by tearing up something that was not a part of their own neighborhoods.)

10. Public Art Commission Mr. David Zagaroli - Develop a Master Art plan, implement plans for art walk, and initiate a sculpture project. They are struggling with the proposes Fire Sculpture. They are going to look to a North Carolina Artist. Working on Art Walk Brochures (in-house $2,000) and Website enhancement to allow citizens to see the areas art work and the art benches that have been located throughout the city. he talked about the need for money to maintain the art benches. Total request is $11,500.

11. Recycling Advisory Board Mr. Jeffrey Wright - Chuck Hansen presentation. 9% increase in participation (74% of households). Recyclables are down a little related to the economy. In house video will be formed to educate how to and how not to recycle. Expand the scope of the program through Household recycling. This past fall they collected 55,000 pounds of household waste, of which 48,000 was electronics. They are working to educate schools through a Play event ($3,000). Education of students.

Consent Agenda:
A. Approval of Pyrotechnic Display Request by St. Stephens High School for Event Held at CVCC Campus - The North Carolina Fire Code requires a mandatory operation permit for the use and handling of pyrotechnic special effects material The City of Hickory has received a permit request from St. Stephens High School to display fireworks by Zambelli Fireworks Company at CVCC on June 11, 2011 for their graduation ceremony. The Fire Prevention Bureau will inspect the pyrotechnics display area prior to the event to ensure compliance with all guidelines..

B. Approve Second Amendment to Parking Lot Agreement With Transportation Insight, LLC - Due to parking need changes, Transportation Insight, LLC, desires to amend the initial parking lot agreement dated September 2008 for the second time to include releasing two handicap parking spaces as open to the general public and retaining twenty-four (24) usable parking spaces at $26.00 each per month.

C. Approve Resolution in Opposition to Closing the Hickory Mail Processing and Distribution Center and Rerouting Mail Through Greensboro, NC - The Hickory-Morganton-Lenoir MSA has lost 47,538 jobs since the year 2000; 1,319 in the last 12 months and holds an unemployment rate of 12.4 percent, this it is not the time for further loss. Consolidation of some operations to the Greensboro Processing and Distribution Center would close the entire Hickory P&DF and all 200 employees would be forced to relocate to other jobs outside the Hickory area. City Council requests the U.S. Postal Service to reconsider and take into account the high unemployment rate and loss of jobs when implementing the U.S. Postal Service AMP Study.

D. Deny Extension and Terminate Vacant Building Grant Contract With El Tio Food Systems, LLC for Property Located at 1180 Lenoir-Rhyne Boulevard, SE in the Amount of $25,000 - This request is to deny El Tio Food Systems, LLC an extension of time to complete work required to meet the terms of the contract for a Vacant Building Revitalization Grant for 1180 Lenoir-Rhyne Blvd, SE originally approved by City Council on August 3, 2010. Said termination of contract is based upon Section 8, failure to perform. According to the Vacant Building Grant Guidelines, the grant contract requires the work to be completed within 180 days of August 3, 2010. The applicant can request an extension for up to an additional 180 days for extenuating circumstances. The grant expired on January 30, 2011. The City Manager’s office recommends denying the extension request and termination of grant contract.

Budget Ordinance Amendments
-
1. To budget a $300 donation from Grasche in the International Council line item for the 2011 International Springfest.
2. To transfer $50,000 of Water and Sewer Contingency to the Water Plant Maintenance and Repair Building line item. This transfer is to help pay toward an $82,000 project to topcoat a 2MG Clearwell (ground storage tank for finished water). This project was budgeted this year but due to several unforeseen failures additional funds have been used.
3. To appropriate $16,667 of General Fund Balance to the Airport Transportation Capital Projects. This appropriation represents the 10% local share of a $166,667 VISION 100 Grant from the North Carolina Division of Aviation. This grant will pay for the preparation of a Stormwater Pollution Prevention Plan (SWPPP) and a Spill Prevention, Control, and Countermeasures (SPCC) Plan. Both plans are mandated by the North Carolina Department of Environment and Natural Resources (NCDENR) and the North Carolina Division of Aviation. Runway Approach Obstruction removal and Land Acquisition are mandated by the Federal Aviation Administration (FAA) and the North Carolina Division of Aviation. The North Carolina Division of Aviation has approved $150,000 federal share under the Federal Aviation Century of Flight Authorization Act (VISION 100).
4. To transfer $1,882 to General Fund Contingency and $19,777 to the Transportation Capital Reserve Parking Fund from the Downtown Bus Station Project Bus Shelters and Construction line items. This transfer is necessary to close the project and return a total of $21,659 of unspent monies to the original
funding sources.
5. To transfer $12 to General Fund Balance Appropriated from the Brownfields Assessments Grant Salaries line item. This transfer is necessary to close the project and return a total of $12 of unspent monies to the original funding source.


Informational Items:
A. Report of Alderman Seaver’s Attendance at the 2011 Annual Catawba County Meeting Held in Hickory, NC; registration - $40.00
B. Report of City Manager Berry’s Attendance at the 2011 Annual Catawba County Meeting Held in Hickory, NC; registration - $40.00


New Business - Public Hearings:
1. Approve Amendment to Final Statement of Community Development Objectives and Projected Use of Funds for FY 2010 in the Amount of $70,000.00 - This amendment is for funds to be loaned to Habitat for Humanity of Catawba Valley for installation of a new roof for the new Habitat Store located at 1615 8th Street Drive, SE at a 3% interest rate for 20 years. These funds must be used for Community Development related programs and Hickory’s Community Development Department estimates that at least 51% of these funds will benefit lower income citizens within the City of Hickory. The Citizens’ Advisory Committee recommends approval of said amendment. Todd Hefner made the presentation where he went over the information above. The Council gave unanimous consent.


Recognition of Persons Requesting To Be Heard
1. Mr. Sam Glaberman of Union Square Emporium has requested to address City Council regarding some creative and invigorating ideas for downtown -

To Distinguished leaders of our community: This is a note with the basics for a project of a temporary ice skating rink for Union Square and the Hickory Downtown that would have enormous benefits for the downtown businesses and the greater Hickory area and once again make Hickory the center of commerce and excitement. This would have the added benefit of turning Union Square into an area more family oriented. I will be attending and speaking at your City Council meeting to help get your advice and thoughts

Cost of rink rental for 7 weeks ....11/21/11 - 1/9/12...................$78,600
Rental of a transformer to step up to 480 volts............................$2,500
Site preparation ( sand and leveling) .........................................$1,500 estimate
Elec. Hook up...........................................................................$1,500 estimate
Insurance...............................................................................$12,000 estimate ( rink co. said between $10-$12)
Lighting....................................................................................$1,000 estimate
Advertising...............................................................................$3,000 to include easels placed at hotels, restaurants, visitor centers etc.
A shed to keep the and rent the ice skates..................................$1,000 estimate
Payroll for the 7 week event.....................................................$10,000 very rough estimate
Electric consumption................................................................$10,500 (based on ave. consumption of 65,100KW per month @ $.08 per kw)
Total cost..............................................................................$120,600


Magic Ice USA would be responsible for the set-up on a flat area and complete take down and removal. They will also provide all the tools necessary as well as 300 pr. of ice skates which will allow for people to try on while waiting for ice time. Many of these costs might be offset or donated. Duke (Energy) could be approached to supply the electric, maybe city workers could prepare the site with sand and maybe even oversee it.

This would be a wonderful, uplifting venue for the greater Hickory area and provide a place for parents to bring their children and would truly be an exciting venue and a focal point for the entire area. It would give Hickory and Union Square a family oriented activity and help make a more family friendly identity for Union Square. It would also give a tremendous boost to restaurants and retailers at a time of year that drives shoppers to the Malls and would instead create a wonderful alternative that can help save the businesses downtown. The potential benefits are enormous for Downtown and the image of Hickory

Now the part of how would this be paid for as the rink etc. are all up-front costs. This project should at worst be revenue neutral and actually makes a profit in all the places I've looked into.

Using Charlotte as a template there used to be a wonderful skating rink in the Eastland Mall off Independence that closed when the shopping center did but far outlasted most of the stores in the center and was very successful. There are currently 3 ice skating rinks in Charlotte. Two are indoors and privately owned and the third, which is our model is operated by WBT radio for the last 7 years and is Downtown in the old Wachovia Plaza. WBT radio makes money each year on their rink as well as using this as their promotional centerpiece over the Holiday Season. They have actually started buying parts of the rink over the years to further reduce costs.

Mecklenburg County has approx. 913,000 residents and let's say for this scenario that 1/2 the potential users would prefer to use the WBT Holiday on Ice Rink which gives a possible usage of 450,000 people. WBT gets approximately 25,000 visitors to their rink in their same 7 week period. Imagine if we could get anything like that kind of response coming to the Downtown Hickory area. However only 17,000 people actually go on the ice. The charge is $7.00 for the ice and $3.00 for the rental of the skates. So the WBT rink itself takes in approximately $170,000.

I was going to use a figure for us in Hickory of 608,000 people which is Catawba and all counties that border on Catawba but was told that the Metropolitan Hickory statistical population that regularly shops and and comes to Hickory is more like 350,000. I will use the lower figure for comparisons. If out of 450,000 possibles in Charlotte, 17,000 are paid skaters for the WBT rink then we should have approx. 13,200 paid skaters. This would be approximately $132,000 which now covers ALL the costs...but it gets much better.

Charlotte has many sponsors that might be ours as well such as Duke Energy, Piedmont Gas, Wells Fargo..Amtrac actually bought them a Zamboni this season. These are some of the "Major" sponsors involved and most of those sponsors are the same companies involved heavily in the Hickory area and would think would be viable for us as well. I have also encountered Doctors, Dentists and real estate firms that would also like to be sponsors but at a lower level. The Magic Ice company can supply us with white or clear dasher boards around the rink that can be used with an applique for sponsors.I've also spoken with people that would like to rent the rink for a day or evening for their events . The Tap room has indicated they would want to be a sponsor as well. If this could be partially handled by the HDDA it could be their biggest moneymaker and would certainly rival Oktoberfest. This would be a real family event that would last 7 weeks as opposed to a few days.

I had thought that Charter was strongly considering being the Title sponsor however it was too late for this year for a big budget item.

Our reason for trying to do this is to help the failing Downtown and actually utilize and make Union Square a destination and give people something to do on Union Square. It will also as a family event counter some of the image that some people have of the Downtown area.

We are not alone in this venture...it has been tried and proven to succeed and draw people back to the Downtowns. Magic Ice is the company that does it for Charlotte and they do 23 other cities as well. This venue is working well in Charlotte, Greensboro, N.C.; Manassas Va., Knoxville,Tenn., Wintergarden, Fl., Tampa,Fla., and Greenville S.C. All thes other cities use another rental company.

The results of this venue are the same everywhere. Lot's of people, lot's of shoppers, and a wonderful image as well as great Usage for Union Square which was intended as a gathering place and focal point for Hickory. It will also give a necessary boost to retailers and businesses in the Union Square area that we desperately need.

Mr. Glaberman stated during his presentation that he is from New York and he doesn't know if that is a strike against him. He talked about the Emporium as an incubator to try their hand at business. He talked about Union Square not being populated the way that it used to be. He talked about the Farmer's Market discussion from the last meeting. He believes that Union Square should be a showcase for Hickory and the area, but there is nothing to do Downtown, except when there are events. Real Estate values have gone down a lot Downtown. He is an outsider and maybe that is good and maybe that is bad. What he has noticed is that there are a lot of vacancies Downtown.

Vacancies don't bring people down. Only businesses that are occupied bring people downtown. Friends of his from California mentioned to him what they had done when their city had the same problem. They instituted a vacancy tax on property owners who had persitent vacancies. Wherever they did that it seemed to be successful.

Another problem that they have, and he has been down there every day since he started his business, we have a lot of events Downtown and they are all centered around beer and that is fine, but we need to bring other people Downtown besides the beer crowd. We need families Downtown. They are good for business. Beer is good for certain types of businesses. he is not against beer and he is not against certain businesses. 95% of the people that come into his business don't come Downtown. They come down to do a little shopping sometimes, but they don't come to the events, because they are centered around beer. The shops Downtown are high end retailers, so we need events that will bring those type of people Downtown.

The Ice Skating idea is not a new idea and none of his ideas are new. This idea has worked in many Downtowns. he furnished pictures from Charlotte's Downtown Iceskating rink. Downtown needs a lift and is struggling. Downtown is the heart of hickory and he wants it to look like it did in the past and that is how he came up with the Ice Skating idea. It ends up being revenue neutral to making a profit. He needs to find a sponsor. He is asking for help to network with people in the area. He believes that putting heads together can make this happen.


The Hound appreciates this man's thinking. He is trying to create an atmosphere of Vitality Downtown and that is what creates a marketplace. I hope that he can find some sponsors that will help him attain the start-up cost to facilitate this. It would look so cool and create a memorable spectacle and that is most definitely something this City needs. Mr. Glaberman told me that his agenda is limited and simple...A great deal of his efforts are focused on "The Emporium" and trying to get enough people to walk in the door to give each vendor/partner a chance to test their products and business skills and to create a family atmosphere for the downtown Union Square area. This man is exactly what this city needs.

Comments by the Council - Alder Fox stated that she had seen a series on ABC this week that supported the buy local movement and Lee Industries, from Newton, was featured in one of the segments. Alder Patton stated that she had been at the small business task force meeting that morning, in which Northstar, the consultant, spoke about the craftsmanship and the pride our community has in that craftsmanship and our people.

Closed Session Per NC General Statutes - Discuss Litigation Matter – Glen Edward Chapman vs. Dennis Alvin Rhoney, the Estate of Mark Richardson Sams and City of Hickory – Case 1:10-cv-00258 - NCGS§143-318.11(a)(3)- Death Row Inmate Freed After 15 Years

Tuesday, March 1, 2011

The Dipstick Economy

Honestly, I'd rather say the other word, but I have promised not to. We are a nation held hostage by the 95% of the population that are either illiterate, gullible, naive, or clueless or a combination thereof. The sad part is that these people are so lost in their Pop Culture that they haven't a clue that they are being programmed to perform their own demise. What is even worse, is that the dumb masses will turn into an uncontrolled mob when it hits the fan.

We see a government that revised down GDP from 3.2% to 2.8% (4Q GDP Revised Downward * February 25, 2011). The dopes that were polled expected a revision upward. What world are they living in? These GDP numbers have a torchlight of several trillions of dollars that are supposed to energize the economy. The Hubris of the National Government creates conditions whereby when cooking the economic books that the cheating numbers are supposed to represent reality, when anyone with a few brain cells knows that they do not. Our lying eyes cannot hide what the soul fully understands. The Recession/Depression has never ended and the Presstitutes, as Gerald Celente has coined the media, always tries so hard to convince us of the Economic Recovery. They have been selling this shtick for 2+ years now and they have convinced no one but fools.

The media and the government keeps trying to sell this notion of 9% unemployment. Our local government in Hickory has already sent the message out that we have lost 47,000 jobs in our area. The actual number is (183,726 in July 2000 - 141,850 in November 2010 =) 41,876 jobs lost since the peak. This was a message that I first brought home before we went into the full blown economic collapse, nearly 27 months ago on December 8, 2008, in the article 24,493 Jobs Lost in the Unifour since June 2000 and again on July 6, 2009 in the article The Relevant Issue: 34,294 JOBS lost since July 2000 in the Unifour. We have lost nearly 7,600 more jobs since I presented the totals in July 2009.

The July 2009 unemployment rate was reported at 15.1%. The November 2010 unemployment rate was reported at 12.6%, yet we have lost at least around 7,600 more jobs. Does that make sense? Do you see what I am getting at? Should we not have gained jobs to improve the unemployment rate?

So they are cooking these numbers and they are cooking the inflation numbers. According to the sources I follow like John Williams of Shadowstats.com. Utilizing an old school statistical foundation, comparing apples to apples, he is showing a real unemployment rate of 22%+ and CPI-inflation of around 7 to 8%.

What we are seeing is that real unemployment is not including people that are not signing up and have left the workforce; not because they don't want a job, but because they can't find one. This is very important, because people on fixed incomes rely on Cost of Living adjustments to keep pace with real inflation as stated in the Consumer Price Index (CPI). I guess inflation is actually down because what a Ribeye cost a few years ago will purchase a can of ALPO in a couple years and we should be grateful for that.

What we see through this is a head forming. If older citizens can't make ends meet, then they must continue to work to supplement their pensions. We already see the government trying to play with pension capitalization, because these pension accounts have been underfunded for so long that the capital input sources can't possibly ever catch back up.

This increases the pressure on Work Force Job capacity, because there are not enough jobs being created already. If older workers don't retire, then younger workers won't be able to be initially placed. At some point in time people are going to come to a realization that there are a lot of people out here who currently are not or soon will not be able to make ends meet. This will cause a further degradation of the economy and no nipping and tucking at government budgets will have any effect on any of the shortfalls.

We cannot cut costs to create prosperity. We have to grow the economy. The only way to do that is by creating value through real ingenuity and innovation. We also have to protect American National Interests by protecting our job base. We cannot allow multi-national corporations to not take our nation's interest into account in their decision making. If they do not take the American national interest into account, then they should not be doing business here in America. Do you think China allows these corporations to do business there without China's approval and without negotiated agreements? Who do our Government Representatives represent? Do they choose to commit Soft Kill Treason? Because that is exactly what they have done!

Many people wonder why I don't just concentrate on Hickory stories. Well, if you put the pieces of the puzzle together, then you will see that each of these stories have an impact on how we live our lives locally and how we must play this game within the contexts and rules set forth by current Economic, Social, and Political Realities. The other thing you must realize is that we have laid out a path for this area to follow, but our local leaders have chosen to focus on putting out embers and cinders instead of attacking the blaze. This Economic Implosion Inferno is only going to continue to intensify until we start focusing on the real issues we face.

I will leave you with a Video from Charlie McGrath of Wide Awake News who gets right to the heart of the matter in addressing much of what I have espoused in this article and in the past. I have also left you with a hint of what is behind the real issues we face as a community, as a nation, and as a World headed towards chaos, turmoil, and destruction if the Light of the Force is not resurrected and allowed to shine.





My Goldman-Sachs question at the Town Hall meeting this morning
Free Enterprise versus the boys of Goldman Sachs

Sunday, February 27, 2011

Wake Up to two of my favorites - Max Keiser interviews Gerald Celente


(Prologue) - Do you really want to know what is happening with our economy? Here is the interview that pretty much sums it up. These two gentleman along with Bob Chapman and Catherine Austin Fitts are the people that I pay attention to the most when it comes to the current economic realities facing our nation and the rest of the World. Watch this interview. This is the real news. If you don't believe it, then by all means take notes and go check it out. You will see that the Kumbaya garbage we hear on the Boob Tube is just propaganda. Are you making preparations to face the new economic realities? I hope you are.




Join the JOURNALISM 2.0 alliance!!! - The Old media is Dying - They call them TV programs because they are programming YOU!!!

Thursday, February 24, 2011

Where Do we go from here? - Citizens for Equity in Government

WHERE DO WE GO FROM HERE

As we pause in our day-to-day organizing work, we would like to pay homage to the passing of fellow organizer and community worker Joseph Hill who passed away on February 4, 2011. We will miss his timely comments concerning our struggle for democracy at the local level (even from his death bed). Condolences go out to the Hill family.

Over the past year, we have been uncompromising when it concerns justice, human rights, our values, our children, our families and the development of our community.

We will continue to make a positive difference on behalf of our poor and minority citizens in Hickory, NC as we aspire to achieve democracy at the local level. Local government is the tier of public authority that citizens first look to solve their immediate social problems. It is also the level of democracy in which the citizen has the most effective opportunity to actively and directly participate in decisions made for all of society.

Poor and minority citizens have lost their community swimming pool due to the arrogance of city council and a lack of democracy at the local level. It is public knowledge that they made the decision and will build a new pool in a distant “central location”.

Professional citizens with expertise offered other alternatives but were denied. The city of Hickory spent over $26,000 of taxpayer’s dollars to hold surveys and hearings of what citizens wanted. Citizens asked for and voted on four (4) district pools, much to no avail. Still no democracy at the local level… Legal strategy is being explored. Leaders have been jailed while trying to prevent the demolition of the pools.

We must now appeal to the progressive elements of the Hickory community if we are deliberately being denied access in the decision making process. Because of these “invincible fences”, we need help in relieving our powerlessness.

Historically, we lost our democracy in Hickory in 1970 when the voting process was changed from the pure ward system of electing officials to the modified ward system of electing officials. This was to ensure that only the right kind could be elected. We lost again in 2000 when our majority minority ward was redistricted out. We are now in a process of redistricting from the 2010 census. Democratically, we are still at the mercy of the few. If one person is about democracy, everyone is about democracy!

If you are interested in helping to end this destruction of poor and minority representation in Hickory, join our coalition and meet with us Wednesday, March 9, 2011 at 6:00 pm in the Ridgeview Branch Library, 706 1st Street SW in Hickory or call 828-308-4669.

Date:February 24, 2011
Contact: Billy Sudderth (828) 308-4669

February Rant - Critical Thinking



This is what the Hickory Hound tries to be centered around. One of the original stated ideas and goals of the Future Economy Council was to move towards an organization of people who would come together from various positions of the political and cultural spectrum and work together to discuss, initiate, implement, and produce common objectives that will benefit the community. That is the importance of Master Capacity Building. We are connectors, who utilize our individual characteristics, personalities, and personal skills to bring people together to make those common objectives realities.

That is what I have tried to do by bringing you these predictive capacities about weak signals in and of the future. That is what I have tried to do by talking about people like Gerald Celente, who always states that "Current Events form Future Trends." In this age of constant change and uncertainty, it is very important to be able to walk through this minefield with skills and knowledge that can help you cope with constant chaos. That is what will keep you mentally steady and helps one be adaptive and nimble and thus resilient in this current age of uncertainty and constant evolution of changing realities.

We are currently going through a great period of Transformation at every level of Society. Most people are reluctant to deal with the seismic shifts in evolutionary realities that we are constantly witnessing over a daily basis. It is hard to get people to deal with and open up to the fact that the World's realities are no longer stable. Problems must constantly be dealt with to keep issues from becoming overwhelming. Look at the Dictators in the Middle East. Do you think that they thought that they would be overwhelmed by revolutionary movements in a matter of weeks, when they have controlled their nations for decades?

Rick Smyre of Communities of the Future states that there are 4 stages of true transformation: 1) resistance - where people will not accept new ideas being introduced, because of defense mechanisms related to anxiety associated with risk aversion, 2) hmmm? - the stage where people willing to accept progress and evolutionary changes start to look at a subject from different viewpoints and how ideas can work, 3) aha! - when the people willing to accept transformation begin to comprehend new realities and how those realities can be brought to tangibility , and 4) of course - the point at which acceptance of the new reality is achieved... there is no way to shortcut this process.



The reality is that our species is evolving. No one can tell you exactly what will happen, but we have seen an advance in computerization and technology, we have seen an evolution towards dependence on convenience and material desires, we have seen a 6 fold increase in worldwide population in one century, we have seen a battle between forces who desire individual liberty versus those who desire social control...

There are other forces at play in this tug of war, but there will always be a struggle between what most of us desire as "Good" versus the differences that we all interpret differently as evil. I do foresee a melding of the human into what will be part machine. The technology will evolve and eventually be biological instead of mechanical. In my opinion this will be good to the extent that it enhances us as individuals and the quality of our lives, but it will be bad if it is utilized to control us as animals and/or property of the elite.

The one thing that I do know is that we are headed towards some really tough times. There are some of us that want to bring the whole World up to the scale of quality of life that many Americans enjoyed in the past, but there are others that view these people from the Third World as subhuman and view the poor in our nation as subhuman. They feel that we are pawns to fulfill their purposes and they do not want to share the technological goodies with Average Ordinary People.

There is more than enough room on this planet and it is time to stop thinking that Ordinary people don't have value. We all have value. Think about the people you love, don't they have value to you? Haven't they played a role in your life? Everyone you see wherever you go has value to someone. Do you think that an elitist who doesn't even know you or your loved ones should be treating you or your loved ones like a disposable pawn?

This is the Force of Good versus Evil that I have alluded to. We are all going to have people that we don't want to work with; people that we can't stand. That is human nature. But, when we work towards bettering society and not playing the "Us versus Them" game, then we enhance our Ecosystem and thus we make the World a better place for ourselves and everyone in the system. It generates positive momentum. It is going to take this sort of mentality, of working together, to get out of this Depression and start growing economically, culturally, and as a society once again. I hope that you will keep this in mind the next time that you have a chance to help someone out. I know that the people who read this blog are, for the most part, critical thinkers. It is time to get the people we care about to start thinking this way too.

Tuesday, February 22, 2011

Who's in Charge around here?

Fed dictator Bernanke needs to be toppled - Paul B. Farrell - Feb. 15, 2011, 12:01 a.m. EST -
Fed boss Ben Bernanke is the most dangerous human on earth, far more dangerous than Hosni Mubarak, Egypt’s 30-year dictator, ever was. Bernanke rules a monetary dictatorship that will trigger the coming third meltdown of the 21st century.
Ben Bernanke: The U.S. Leninist? - Paul Amery - Seeking Alpha - February 22, 2011 -
Should Ben Bernanke dust down a copy of the collective works of Lenin?

According to the instigator of Russia’s 1917 October revolution, “the surest way to destroy a nation is to debauch its currency”.

(In fact, this widely-cited quote was a 1930s paraphrase by Keynes – Lenin’s actual words, in an interview from 1919, were: “the simplest way to exterminate the very spirit of capitalism is … to flood the country with notes of a high face-value without financial guarantees of any sort”)

The astonishing leap in commodities prices that started in September last year coincided with the announcement of a second quantitative easing programme by the US Federal Reserve.

A chart of cotton futures shows that the price of the raw material began to take off almost to the day that the Fed’s chairman stated in Jackson Hole that his institution was ready to take “unconventional measures” to stimulate the economy.


Hidden Inflation In Supermarket Prices - Mark Ames - Higher Price, Less Product




18 Sobering Facts Which Prove That The Middle Class Is Not Being Included In This “Economic Recovery” - The Economic Collapse Blog - February 21, 2011

Have you heard the news? The stock market is absolutely soaring and according to the U.S. government and the Federal Reserve we are in the beginning stages of a robust economic recovery. Yippee! The S&P 500 is up 6.8 percent so far in 2011, and the stock market recently hit a two and a half year high. So shouldn't we all be celebrating? Well, if stock market performance was an accurate measure of economic health, then Zimbabwe would have had one of the healthiest economies on the entire globe during the last decade. But just like Zimbabwe's stock market was artificially pumped up with "funny money" that was rapidly being devalued, so is ours. All of the "quantitative easing" that the Federal Reserve has been doing is pumping plenty of money into the financial markets and is helping to inflate a false stock market bubble, but it is doing very little to alleviate the suffering of the U.S. middle class. In fact, when you take a closer look at the numbers you quickly find out that the suffering of the middle class is getting even worse.

According to Gallup, the unemployment rate is now over 10%. The number of Americans that have given up looking for work recently set a new all-time record. The number of mortgages in foreclosure tied a record high during the fourth quarter of 2010. Gas and food prices are rising rapidly. The number of Americans on food stamps continues to increase every single month.

Yes, right now the economic situation is not in free fall like it was a couple years ago. We should be thankful for that. Periods of relative stability such as we are enjoying now will be few and far between in the years ahead. This "bubble" of economic calm is a great opportunity that we should all be taking advantage of.

However, those that are hoping that this is an economic "turning point" and that things will soon be back to "normal" are going to be greatly disappointed. This is about as "normal" as things are going to be ever again.

Even during this time of relative economic stability, the U.S. middle class is still being ripped to shreds. If there are those among your family and friends that are somehow convinced that the U.S. economy is recovering nicely, you might want want to show them the following 18 very sobering facts....

#1 According to Gallup, the U.S. unemployment rate is currently 10.3 percent. When you add in part-time American workers that want full-time employment, that number rises to 20.2 percent.

#2 According to the U.S. Bureau of Labor Statistics, the number of job openings in the United States declined for a second straight month during December.

#3 There are currently more than 4 million Americans that have been unemployed for more than a year.

#4 The number of Americans that have become so discouraged that they have given up searching for work completely now stands at an all-time high.

#5 Gasoline prices in the United States recently hit a 28-month high.

#6 During the 4th quarter of 2010, 4.63 percent of all U.S. home loans were in foreclosure. That matched the all-time high, and it was up significantly from 4.39 percent in the 3rd quarter.

#7 It is estimated that there are about 5 million homeowners in the United States that are at least two months behind on their mortgages, and it is being projected that over a million American families will be booted out of their homes this year alone.

#8 Almost 14 percent of all credit card accounts in the United States are currently 90 days or more delinquent.

#9 The average credit card rate in the United States had increased to a whopping 13.44 percent at the end of 2010.

#10 Americans now owe more than $890 billion on student loans, which is even more than they owe on credit cards.

#11 Average household debt in the United States has now reached a level of 136% of average household income. In China, average household debt is only 17% of average household income.

#12 U.S. life expectancy at birth is now three years less than Canada and four years less than Japan.

#13 New home sales in the state of California were at the lowest level ever recorded in the month of January.

#14 43 percent of all mortgages in south Florida are currently underwater.

#15 Prior to the most recent economic downturn, there were usually somewhere around four to five million job openings in America. Today there are about 3 million.

#16 When you adjust wages for inflation, middle class workers in the United States make less money today than they did back in 1971.

#17 One out of every seven Americans is now on food stamps.

#18 One out of every six elderly Americans now lives below the federal poverty line.

You know things are bad when articles start popping up in the mainstream news instructing us how to interact socially with the hordes of unemployed Americans that are out there today. A recent USA Today article entitled "What not to say to someone who is unemployed" listed some of the things that you should not say to someone that does not have a job. The following are some of their suggestions on what NOT to say....

"Hey, have you found anything yet?"

"How's the search going?"

"You just have to pound the pavement."

"Something will turn up."

"It's tough out there."

"Other people are going through the same thing."

"Maybe you're asking for too much money."

"Maybe you should go back to school."

"There are plenty of jobs out there."

I am sure most of us have heard things like this at one time or another. It can be a soul-crushing thing to have others like at you in pity because you don't have a job and you can't pay the mortgage and feed your family.

Most unemployed Americans are not lazy. The vast majority of them desperately want jobs. But the U.S. economy is not producing nearly enough jobs today. As noted above, the U.S. economy currently has about 3 million job openings, but approximately 20 percent of the workforce wants to find a full-time job. The demand for jobs is far, far, far greater than the supply.

Unfortunately, this is the legacy of decades of bad economic decision-making. The U.S. economy should be able to provide work for every single person that wants it, but because of the choices that have been made that will never be the case again.

The middle class in America is being ripped to shreds right in front of our eyes and very little is being done to stop it. Desperation is rising across the nation. More Americans slip into poverty every single day. It is almost as if a cloud of gloom and despair has descended upon the U.S. economy and every single month the situation only seems to get darker.

Monday, February 21, 2011

An Economy Out of Control

(Prologue) - In the previous article related to the Food Crisis, you noticed the Hockey stick style increases that have taken place over the last couple of years. This is caused by speculation related to the flooding of the financial system with Digital Dollars. These dollars are not filtering through the economy. These dollars are being used by the banks to purchase derivative investments, which have a multiplier effect on commodities.

The following article from "The Economic Collapse" Blog shows charts very similar to those Hockey stick exponential increases in Sugar, Wheat, Coffee, Cotton, and Beef. The Federal Reserve Has created this mess because of Ben Bernanke and Wall Street's obsession with deflation. Instead, we are seeing hyperinflation in the commodity markets. This is the result of cheapened money that is becoming worthless.

The following charts show the level of government spending, the National Debt, the increase of Interest owed on that debt, household debt, the aggregate of all debt, Unemployment and the Duration of Unemployment, the increase in the Cost of Living (CPI) since the Federal Reserves inception, the increase in the Money Supply, and the increase in the Cost of Oil.

In my opinion, we aren't going to see a constant increase in prices. What we will see is a bumping against the Price Point-Demand ceiling. An example was when oil hit $147+ per barrel in September 2008. Consumers could not afford to pay for energy at these inflated prices and so they adapted down and changed their habits. This reduced demand and subsequently the investors in the Oil derivative markets rushed to get out of the collapsing market. Oil fell to $40 per barrel as a result, but we have seen a steady march back up to the current levels around $90.

We will continue to see this type of volatility in all essential commodities. The trend will be upward, because most commodities are priced in U.S. Dollars and those Dollars are losing value due to the expansion of the Money Supply. But their will be price breaking points, because most consumers are hurting. The one thing that is for sure is that markets such as these are not sustainable, because trust is being lost in the marketplace. Most people are at a loss for what to do. People are tired of getting ripped off by the banks. It is completely unrealistic and basically criminal that the banks are paying .5% to 2% on savings accounts and Certificates of Deposit, but it is not the time to put money in the stock market with the fraud that rampantly flows involving issues of transparency, ignorance and lack of enforcement of fiduciary responsibilities of market makers, the exorbitant fees that brokerage houses charge, and the volatility associated with not knowing what the government might do next.

Look at this Chart comparing today to the Depression of the 1930s:



What Is Wrong With The U.S. Economy? Here Are 10 Economic Charts That Will Blow Your Mind - The Economic Collapse (Blog)

The 10 economic charts that you are about to see are completely and totally shocking. If you know anyone that still does not believe that the United States is in the midst of a long-term economic decline, just show them these charts. Sometimes you can quote economic statistics to people until you are blue in the face and it won't do any good, but when those same people see charts and pictures suddenly it all sinks in. What is great about charts is that you can very easily demonstrate what has been happening to the economy over an extended period of time. As you examine the economic charts below, pay special attention to what has been happening to the U.S. economy over the last 30 or 40 years. The truth is that what is wrong with the U.S. economy is not a great mystery. All of the economic problems that we are experiencing now have taken decades to develop. Hopefully the charts in this article will help people realize just how nightmarish our economic problems have become, because until people start realizing how incredibly bad things have gotten they will never be willing to accept the dramatic solutions that are necessary to fix our financial system.

The sad fact of the matter is that we have been living in the biggest debt bubble in the history of the world over the last 40 years. All of this debt has purchased a wonderful standard of living for the vast majority of us, but all of this debt has also destroyed the economic future of our children and our grandchildren. Someday future generations will look back on what we have done in absolute horror.

The 10 economic charts posted below are meant to shock you. Most Americans today need to be shocked before they will be motivated to take action. Please share these charts with as many people as you can. Hopefully we can wake enough people up that something will be done about all of these problems while there is still time.

1 - Government spending is expanding at an exponential rate. As you can see from the chart below, federal spending is almost 18 times higher than it was back in 1970. Now Barack Obama has proposed a budget that would increase U.S. government spending to 5.6 trillion dollars in 2021. Just imagine what the following chart would look like if that happens....

2 - U.S. government debt is absolutely exploding. The U.S. national debt is currently $14,081,561,324,681.83. It is more than 14 times larger than it was back in 1980. Unfortunately, the national debt continues to grow at breathtaking speed. In fact, the Obama administration is projecting that the federal budget deficit for this year will be an all-time record 1.6 trillion dollars. Can we afford to continue to accumulate debt at this rate?....

3 - Unless something changes right now, the outlook for U.S. government finances in future years is downright apocalyptic. The chart posted below is from an official U.S. government report to Congress. As you can see, it is projected that interest on our exploding national debt is absolutely going to spiral out of control if we continue on the path that we are currently on....

4 - Household debt has soared to almost unbelievable levels over the last 30 years. The sad truth is that it is not just the U.S. government that has a massive debt problem. U.S. households have also been accumulating debt at a staggering rate. Total U.S. household debt did not pass the 2 trillion dollar mark until the mid-1980s, but now total U.S. household debt is well over 13 trillion dollars....

5 - The total of all debt (government, business and consumer) in the United States is now well over 50 trillion dollars. For the past couple of years this figure has been hovering around a level that is equivalent to approximately 360 percent of GDP. This is a debt bubble that is absolutely unprecedented in U.S. history....

6 - As tens of thousands of U.S. factories get shut down and as millions of our jobs get shipped overseas, the number of unemployed Americans continues to go up and up and up. As you can see from the chart below, there has been a long-term trend of increasing unemployment in the United States. In fact, there are about 3 and a half times as many unemployed workers in the United States today as there were when 1970 began. These jobs losses are going to continue as long as we allow our corporations to pay slave labor wages to workers on the other side of the globe. All of the major trends in global trade are very bad for the U.S. middle class. For example, the U.S. trade deficit with China for 2010 was 27 times larger than it was back in 1990. How long will our politicians stand by as our nation bleeds jobs?....

7 - The median duration of unemployment in the United States is in unprecedented territory. For most of the post-World War 2 era, when the median duration of unemployment in America reached 10 weeks that was considered a national crisis. Well, today competition for jobs is so intense that the median duration of unemployment is now well over 20 weeks....

8 - Since the Federal Reserve was created in 1913, the value of the U.S. dollar has declined by over 95 percent. One of the reasons given for the existence of the Federal Reserve is that the Fed helps control inflation. But that is a huge lie. The truth is that the United States never had consistently rampant inflation until the Federal Reserve took control. In particular, once the U.S. totally went off the gold standard in the 1970s inflation really started escalating out of control....

9 - Now the Federal Reserve says that the solution to our current economic problems is to print even more money out of thin air. The games that the Federal Reserve is playing with our money supply are simply inexcusable. Just look at what the Federal Reserve has done to the monetary base since the beginning of the recession....

10 - All of this new money is creating tremendous inflation. In particular, the price of oil is now ridiculously high. A high price for oil is very, very bad for the U.S. economy. Our entire economic system is based on being able to use massive quantities of very cheap oil.

Unfortunately, that paradigm is starting to break down and the consequences will be very bitter. Back in mid-2008, the price of oil hit an all-time record of $147 a barrel and subsequently the world financial system imploded a few months later. Well, the price of oil is on the march again and that is very bad news for the U.S. economy....

Needless to say, if the economic trends documented by the charts above continue the U.S. economy will be totally wiped out. The U.S. economy as it currently exists is unsustainable by definition. It is only a matter of time before we slam into an economic brick wall.

We have developed an economy that cannot function without debt, and at this point it seems like almost everyone is drowning in red ink. The federal government is massively overextended, most of our state and local governments are massively overextended, most of our major corporations are massively overextended and the majority of U.S. consumers are massively overextended.

The only way that the game can continue is for the Federal Reserve to print increasingly larger amounts of paper money out of thin air and for everyone in the economic food chain to go into increasingly larger amounts of debt.

But no debt spiral can go on forever. At some point this entire house of cards is going to collapse.

When that happens, there is going to be economic pain that is greater than anything that this country has ever seen before.

Someday we will all desperately wish that we could go back to the "good times" of 2011. A great economic collapse is coming, and all of us had better get ready.