Survivalist News

SurvivalBlog.com
This afternoon, The National Australia Bank (biggest in Australia, by assets) let the cat out of the bag: They have decided to just fess up and mark down every US mortgage CDO, SIV, and so forth in their portfolio by 90%.

What that means is they are coming flat out and saying that all this re-bundled, repackaged, looks like a bond but it ain’t, US real estate paper that was being carried “Off Balance Sheet” and gumming up the works in banks around the world is worthless and they are making it official. (The loans that they represent will not, in their estimation, ever be repaid, hence, loan paper = worthless.)

Total Survivalist Libertarian Rantfest: Molon Labe
I finished Molon Labe by Boston Tea Party last night. To be blunt it left a bad taste in my mouth and I do not suggest it to others. I hate to say that because I am sure the dude tried real hard; however the book just plain didn’t do it for me.

Staying Alive: THE WORD FROM WND
But Hopkins said it was his opinion the government is purchasing huge quantities of food for stockpiles, and Americans will have to surmise why.

“We don’t have shelters that [are being] stocked with food. We’re not doing this for the public. My only conclusion is that they’re stocking up for themselves,” he said of government officials.

Mother warns community about ‘Nazi’ home invasion
The mother of an 11-year-old boy abducted by SWAT team members and taken to a hospital after he was bruised while horsing around is warning members of her community of the “Nazi” tactics she endured, including a statement from the officers that her “rights” were “only in the movies.”

And read this 

SWAT officers invade home, take 11-year-old at gunpoint
Nearly a dozen members of a police SWAT team in western Colorado punched a hole in the front door and invaded a family’s home with guns drawn, demanding that an 11-year-old boy who had had an accidental fall accompany them to the hospital, on the order of Garfield County Magistrate Lain Leoniak.

The boy’s parents and siblings were thrown to the floor at gunpoint and the parents were handcuffed in the weekend assault, and the boy’s father told WND it was all because a paramedic was upset the family preferred to care for their son themselves.

Someone, apparently the unidentified paramedic, called police, the sheriff’s office and social services, eventually providing Leoniak with a report that generated the magistrate’s court order to the sheriff’s office for the SWAT team assault on the family’s home in a mobile home development outside of Glenwood Springs, the father, Tom Shiflett, told WND.

You have got to read this