BYE, BYE MUNICIPAL BOND MARKET 5-3-2017

In between the ongoing social anarchy, Soros funded sedition, congressional folly, looming war with North Korea, we can now add the official collapse of Puerto Rico’s 70 billion dollars worth of debt/bonds. It only takes one rock falling to start an avalanche. While $70 billion, in a sea of derivatives, bonds and debt that rises into the hundreds of trillions, may seem like small fry, Puerto Rico now calls into question the entire US bond market at the city, county, state and federal level. Puerto Rico has brazenly borrowed a truly obscene amount of money, squandered it, and has near zero ability to pay it back from current revenue. Of course, that means Lying Ryan, who has had his corrupt paws over the so called bailout, is going to have to come up with some more money. We see in our liberal cities, and places like the third world cesspool Puerto Rico just what happens after decades of liberal Democratic Party control of finances. The Republicans are equally squalid of course, but it takes a Democratic City Mayor, or governor in the case of PR, to really screw things up.

Obviously, the bonds were mostly sold to pension funds, or bundled into toxic debt bonds, so the people who ended up owning them will get screwed also. What the result of that will be is to call into question whether any municipal bonds can be repaid. It will clearly also limit the ability of government entities, ranging from cities and counties, to utilities, colleges, schools, and pretty much any government blob that wants to fund repair, or overhaul of say, a sewage or water system. Portland, Oregon, after spending a bunch of money to clean up the riot debris, has a school bond for $700 million on the ballot. Well, the backblast from PR may mean the interest rates will be higher. The reason being the risk for people buying municipal bonds  just went up and buyers will charge an interest premium to cover that increased risk. Face it, the USA is, and has been for decades now, functionally in default due to the trillions in UNPAYABLE DEBT. Yes, Virginia, the $20 Trillion Federal debt is never going to be paid off, anymore than the vast amount of student loan debt, or bond debt will ever be. PR is merely the shot over the bow of the USS Default. I see it is being called a “restructuring of debt.” LOL It is a default plain and simple.

The link is here.

http://www.zerohedge.com/news/2017-05-03/puerto-rico-seek-bankruptcy-protection-launching-largest-ever-us-municipal-debt-rest

Doomer Doug, a.k.a. Doug McIntosh now has a blog at www.doomerdoug.wordpress.com
My end of the world e book “Day of the Dogs” will soon be available for sale at smashwords. The url is
https://www.smashwords.com/books/view/267340 It is also at the following url
http://www.amazon.com/-/e/B007BRLFYU

 

Puerto Rico Files For Bankruptcy Protection In Largest Ever US Municipal Debt Restructuring

Update: PUERTO RICO FEDERAL BOARD FILES BANKRUPTCY CASE IN U.S. COURT

* * *

As per our report last night that following the expiration of the litigation freeze, Puerto Rico’s creditors had filed a barrage of lawsuits against the insolvent Commonwealth a bankruptcy was imminent,  moments ago Puerto Rico’s governor announced the commonwealth will request bankruptcy protection of a portion of the island’s $70 billion in debt, setting up a showdown with Wall Street firms owed billions of dollars, in what will be the largest-ever U.S. municipal debt restructuring and further complicating the U.S. territory’s efforts to pull itself out of a financial crisis.

The Puerto Rico restructuring would be far larger than Detroit’s record-setting bankruptcy, with little to no details how long a court proceeding would last or what cuts would are imposed on bondholders. The island’s financial recovery plan covers less than a quarter of the debt payments due over the next decade.

Cited by AP, Gov. Ricardo Rossello said Wednesday that a federal control board overseeing the island’s finances has agreed with his request to put the debts before a court. He told reporters that he has requested that the U.S. territory’s federal financial oversight board commence a Title III proceeding under last year’s Puerto Rico rescue law known as PROMESA. Title III is an in-court debt restructuring process similar to U.S. Bankruptcy.

“We have reached this decision because it protects the best interests of the people of Puerto Rico,” Rossello said.

“The board has agreed to submit Title III protection immediately and they will submit it.”

According to the WSJ, “the governor said he would petition Puerto Rico’s federal oversight board to invoke a quasi-bankruptcy law that puts its standoff with creditors before a judge. His decision marks the start to what could be a lengthy legal fight as Wall Street watches closely to see how other indebted municipal governments may fare in confrontations with investors.”

As a reminder, Puerto Rico and its agencies owe $73 billion to creditors, dwarfing the roughly $18 billion owed by the city of Detroit when it entered what was previously the largest municipal bankruptcy in 2013.

Finally, Bloomberg notes that the financial collapse promises to impose deep losses on bondholders who for years snapped up Puerto Rico’s securities, even as the government contended with a shrinking economy and chronic budget shortfalls. U.S. states can’t file for bankruptcy, and investors bought the bonds assured that it wasn’t a legal option for Puerto Rico either.

BBG further adds that Rossello’s latest offers to creditors last week shows the commonwealth believes general obligations should receive a better recovery than its sales-tax bonds. The latest proposal offered as much as 90 cents on the dollar to general-obligation bondholders. One such bond due in 2035, was among the most actively traded at a price of 66, up from 64.7 on Tuesday.

PORTLAND SNOWFLAKES RIOTING AGAIN 5-1-2017

SECOND UPDATE: It looks like Downtown Portland really got lit up today by the Soros funded terrorists. One police car destroyed, multiple fires set, much damage to property included smashed windows. The link to PPD Twitter is here.

UPDATE: The Portland Police have now arrested up to 24 rioters. The link is here.

http://www.kgw.com/news/politics/may-day-protests-expected-monday-in-portland-across-us/435436532

The Snowflakes in Portland are at it again. The May First chaos is now unfolding all around me here in downtown Portland. We have several different demonstrations ongoing. We have the illegals, the Snowflakes, the anarchists and the anti-Trump crowd. They are wandering around downtown, screaming “Get out of the Way,” and other slogans. The Portland police have been liberal in their use of flashbangs and tear gas. At least one fire was set by the “demonstrators,” down on 4th and Morrison. Right now, I can hear the police using loudspeakers ordering the rioting mob to disperse. This I can hear as I type this. Like I said, it is all around me. The riot police have deployed several times, and I just heard two more flashbangs. The demonstrators are also using M-80’s in response.

At any rate, I fully expect near total chaos when the warm weather of summer arrives. Soros, the author/funder of all our troubles will make sure of that. Why Sessions hasn’t thrown Soros in jail is beyond me.

Doomer Doug, a.k.a. Doug McIntosh now has a blog at www.doomerdoug.wordpress.com
My end of the world e book “Day of the Dogs” will soon be available for sale at smashwords. The url is
https://www.smashwords.com/books/view/267340 It is also at the following url
http://www.amazon.com/-/e/B007BRLFYU

NORTH KOREA GIVES TRUMP THE FINGER 4-28-2017

Today’s North Korean missile launch can only be viewed as a direct middle finger to the rest of the world. After all, Little Fat Boy has to realize, in that psycho mind of his, that the rest of the world, especially China, Russia, the USA, South Korea and Japan are seriously annoyed with him. The total response of North Korea has been the diplomatic equivalent of the digitally erect middle finger. He knows we are upset; Little Fat Boy doesn’t care. I will also add the actual process of creating an ICBM long range, accurate missile capable of vaporizing Los Angeles, or Portland where I live, is sequential. My analysis of North Korean missile activity tells me Trump is correct: Little Fat Boy is indeed seeking to create a functional, long range ICBM missile. The reason I know this is because I look at what Little Fat Boy is doing. First, Little Fat Boy detonated a nuclear warhead in a tunnel. Next, Little Fat Boy tested missile engines; finally, Little Fat Boy has launched multiple missiles of various sizes and ranges, including long range ICBM types capable of hitting the US West Coast.

The USA took years, decades really, to perfect the long range, highly accurate, ICBM missiles we now have. We tested the missile engines. We tested the actual missiles. We tested the nuclear warheads on those missiles. It is a simple fact that there is a sequential, step by step process to develop long range ICBM missiles. And guess what, my blog readers, Little Fat Boy is now engaged in that step by step process in order to deploy a truly functional, accurate, long range ICBM with a credible nuclear warhead on it. So, this is what all “this” North Korean stuff is really all about. Little Fat Boy wants the ability to vaporize Los Angeles and that is all there is to the story.

Here are some links about the current North Korean situation.

https://www.aol.com/article/news/201…ea-p/22059127/

Here is some potentially good news.

https://www.washingtonpost.com/world…853_story.html

North Korea Test-Fires Another Ballistic Missile

by Tyler Durden
Apr 28, 2017 5:13 PM
http://www.zerohedge.com/news/2017-0…listic-missile

Just when you thought it was safe to sink into a tall glass of beer as US government
shutdown was avoided, South Korea’s Yonhap News reports that the South Korean
military has confirmed that North Korea has test-fired another ballistic missile
.

I thank all of you who have either bought my e-books, or made a Paypal donation in the about section. It means I won’t have to sleep under the bridge any time soon. <G>

Doomer Doug, a.k.a. Doug McIntosh now has a blog at www.doomerdoug.wordpress.com
My end of the world e book “Day of the Dogs” will soon be available for sale at smashwords. The url is
https://www.smashwords.com/books/view/267340 It is also at the following url
http://www.amazon.com/-/e/B007BRLFYU

TRUMP SCORES A BIG HIT 4-26-2017

Trump is really starting to annoy me with his constant flip-flops followed by sound policy decisions, intermingled with comments from the Rasputin couple; namely, Jared Kushner and Ivanka Trump. It feels like riding one of those monster roller coasters that leave your stomach in the air while you hurtle down. When Trump is in is populist mode, I like him; when he is in his neo-con warmonger, globalist stooge, bankster, Wall Street whore mode, I dislike him intensely. At any rate, the various links below will highlight Trump’s two steps forward, and one step backward modus operandi.

First, we have Ivanka Trump apparently deciding she is in charge of the refugee program and it is good to allow a tidal wave of Syrian refugees to enter the USA. I must have missed the memo allowing her to make refugee policy. I also missed the memo on Jared Kushner going to Iraq and acting like the Secretary of State. The link is below.

http://www.breitbart.com/video/2017/…ugh-by-itself/

Ivanka Trump: Opening Border to Syrian Refugees ‘Has To Be Part of the Discussion,’ Won’t Be Enough By Itself

During a portion of an interview broadcast on Wednesday’s edition of NBC’s “Today,” Ivanka Trump said that opening the border to Syrian refugees “has to be part of the discussion, but that’s not going to be enough in and of itself.”

Ivanka said, “I think there is a global humanitarian crisis that’s happening, and we have to come together, and we have to solve it, and –.”

She was then asked, “Does that include opening the borders to Syrian refugees in –?”

Ivanka responded, “That has to be part of the discussion, but that’s not going to be enough in and of itself.”

Next, we have the ongoing budget/shut down the government farce. Trump is again listening to Lying Ryan with the predictable negative results. Trump is apparently okay with no border wall funding, funding of both Obamacare and Planned Parenthood. The link is here.

Flipper-In-Chief: Trump Caves On Obamacare Subsidies To Avoid Government Shutdown

http://www.zerohedge.com/news/2017-0…riday-shutdown

Flipper-In-Chief: Trump Caves On Obamacare Subsidies To Avoid Government Shutdown

Finally, some good news from Trump. His newly released tax plan is, in my opinion, brilliant. It fulfills his campaign promise to provide tax relief to the working poor and the middle class. First, a few facts related to who pays Federal Income Tax. The basic income groupings in the USA today are $18,000, 36,000, 72,000, 115,000 and finally, 250,000 dollars. The vast majority of American taxpayers are from these five groups. I believe, as in read it somewhere a while ago, one half of all taxpayers earn less than $36,000 per year. It may even be one half earn less than $18,000. At any rate, some 90 percent of all American taxpayers earn less than $115,000, and it may even be $72,000 per year. The only thing George Bush junior did of any value was to increase the standard deduction and personal exemption to $10,000 way back in 2001 or so. By doing this, he removed a chunk of low income workers, ie the working poor, from the tax rolls. Trump has taken this idea of tax equity and run with it.

As I understand it, and the details are still being hashed out, Trump is going to raise the amount of income that triggers any tax to $24,000 per person. This will allow Trump to remove millions of low income working poor and lower middle class wage earners from paying any federal income tax at all. Further, it will be a significant reduction for married couples with two children. If you do the math, it means every single worker who earns $18,000 or less will owe not one dime in federal taxes. Further, by eliminating all deductions, other than the home and charitable ones, he will vastly simplify filing income taxes. Granted, the high tax states, all blue states by the way, will lose their ability to deduct state taxes from income. I have no problem with that at all.

The result of all this will be people making $18,000 will pay no taxes. People that make $36,000 per year, which is nearly one half of all taxpayers if my figures are correct, will only pay a fifteen  percent tax rate on one third of their total income. They will pay taxes on $12,000 dollars out of $36,000. The $72,000 per year will also likely pay either a fifteen percent to twenty five percent rate on only two thirds, $48,000, of their income. I assume everybody over $115,000, or maybe $250,000 will pay the reduced tax rate of 35 percent. Again this is a massive tax reduction of both individuals and families. The typical four person family, Dad, Mom and the two kids will shield the first $96,000 of their income from ANY FEDERAL INCOME TAX. People making under $24,000 will pay NO FEDERAL INCOME TAX AT ALL. People making between $24,000 and $240,000 will also pay less income tax because they will pay a lower rate, on less taxable income. Like I said, this is BRILLIANT. Trump scores damn near a home run on this. The Democrats, well the Democrats are going to choke on their usual “cut the taxes on the rich mantra.” The reason is most of the tax benefits will go to workers earning less than $24,000 per year, which is exactly where the populist Trump needs it to be. The corporate tax rate will be cut from 35 percent to 15 percent. I also have no problem with that because it will bring back literally TRILLIONS of dollars worth of corporate profits stashed in overseas banks. After all, the reason the money is there is because they refuse to pay the current 35 percent tax rate. Again, the corporations may decide to leave the money overseas, but Trump is correct that it is reasonable to assume they will “repatriate” it.

The links are here.

#BREAKING: Trump proposes sweeping tax reform with major cuts to individuals and businesses http://hill.cm/4IM5ZAC

http://www.fox10phoenix.com/news/250872445-story

WASHINGTON – (AP) — President Donald Trump is proposing “the biggest tax cut” ever, even as the government struggles with mounting debt, in an effort to fulfill his promises to stimulate job creation and middle class prosperity.

White House officials on Wednesday were to release broad outlines of a tax overhaul that would provide massive tax cuts to businesses big and small. The top tax rate for individuals would drop by a few percentage points, from 39.6 percent to the “mid-30s,” according to an official with knowledge of the plan.

Small businesses would see their top tax rate go from 39.6 percent to the proposed corporate tax rate of 15 percent, said Treasury Secretary Steven Mnuchin in a Wednesday morning speech.

Mnuchin said the proposed overhaul would amount to “the biggest tax cut” and the “largest tax reform” in U.S. history. He said the lower tax rate for small business owners — a category that under current legal definitions could include doctors, lawyers and even companies such the Trump Organization — would not be used as a loophole for the rich to reduce their tax burden.

But the Treasury secretary declined to say there would be no absolute tax cut for the wealthy, a promise he made last year during a TV interview. “Our objective is simplifying personal taxes,” he said.

The plan will not include provisions to increase spending on infrastructure projects, one possible sweetener that could help gain congressional support.

The proposal faces a massive hurdle in that lower rates would blow a hole in the budget, possibly causing the national debt to soar by more than a trillion dollars over a decade.

Without additional revenue sources to offset the tax cuts, the broad proposal would need Democratic support to clear the required 60 votes in the Senate. Congressional Republicans could pass changes on their own with a simple Senate majority, but that would only be temporary under Senate rules.

Mnuchin said he would like the tax overhaul to be permanent, but “if we have them for 10 years, that’s better than nothing.”

Doomer Doug, a.k.a. Doug McIntosh now has a blog at www.doomerdoug.wordpress.com
My end of the world e book “Day of the Dogs” will soon be available for sale at smashwords. The url is
https://www.smashwords.com/books/view/267340 It is also at the following url
http://www.amazon.com/-/e/B007BRLFYU

TRUMP BITES THE DUST 4-25-2017

If there was one, defining “Trumpism” during his campaign and first one hundred days, it was “Build the Wall.” It was make Mexico pay for the border wall. It was to have started construction of it during the first one hundred days. Well, blog readers, as in so many other “Trumpisms,” like China as a currency manipulator, or NATO is a farce run by mooches, or repealing Obamacare, or the Export/Import Bank is a corporate piggy bank, or not appointing swamp dwellers to key positions, Trump has shown he really is what I feared him to be; namely, a New York City scam artists. Granted, Trump has given us Gorsuch for the Supreme Court. Granted, Trump, at least up to now, has been fairly good on illegal immigration, despite Trump’s repeated appointments of left over Obamabots, globalist stooges, banksters and Wall Street whores like Kushner, Cohn and others.

I could live with some of that. I can’t live with the neo-con warmonger mode, bombing Syria based on CIA lies and deceptions, threatening to throw the hero of Wikileaks, Julian Assange, into jail for treason, baiting North Korea, and generally speaking, flip flopping on his campaign positions on a daily basis. However, the ONE promise he made, and the one promise that must be kept, other than throwing Hellary Clinton and her crime cabal in jail, which of course Trump backtracked on that one, is to build the border wall.

I have said that leaving Lying Ryan intact as House Speaker may very well become the fatal mistake of the Trump administration. Lying Ryan screwed Trump on Obamacare repeal. Lying Ryan is now screwing Trump on his critical campaign promise. Lying Ryan is going to not put any money in the budget for Trump’s “biggly, yuggely, border wall.” By doing do, Lying Ryan, the ultimate Never Trumper, will stick the knife in deep and twist. Trump, who foolishly left Ryan in place, will suffer the total collapse of his administration. Trump will, and has, lasted, endured much during his political white water rafting ride, but Trump will never endure not building the border wall. Lying Ryan has effectively ended Trump’s administration in the first one hundred days. Trump will go to his rallies and say, “I didn’t really mean that either.” Trump’s deplorable supporters will ignore Trump when he screws up foreign policy, and they will ignore his errors on a whole lot of things, except on the Supreme Court, the economy and illegal immigration, especially the border wall. I will put it plainly: either Trump has a functional, effective border wall under construction, not completed, by June 30th of this year or he is finished as POTUS.

Trump owns Lying Ryan and every single action, stab in the back, Lying Ryan has done. When, not if, Lying Ryan cuts the border wall funding out of the budget, Trump is finished. Lying Ryan will say he will include it next year, but that is just more Lying Ryan lies.

 

The link is here. The story below.

https://ca.news.yahoo.com/trumps-big-beautiful-wall-collides-congress-102804089.html

Doomer Doug, a.k.a. Doug McIntosh now has a blog at www.doomerdoug.wordpress.com
My end of the world e book “Day of the Dogs” will soon be available for sale at smashwords. The url is
https://www.smashwords.com/books/view/267340 It is also at the following url
http://www.amazon.com/-/e/B007BRLFYU

 

WASHINGTON — President Trump reportedly backed off his demand that Congress include a down payment for a wall spanning the entire U.S.-Mexico border in a crucial spending bill that must pass by Friday night to keep the government funded.

Republican lawmakers have urged the president to focus on border security in general instead of the wall, which Democrats have called a poison pill that would cause them to reject the bill and shut down the government.

Trump told a group of conservative reporters he invited to the White House on Monday that he was open to getting funding for the wall in September when Congress debates the 2018 budget, the Associated Press reported. This is a sharp reversal from his position over the weekend and early Monday, when he doubled down on his demand for the wall. Trump tweeted repeatedly that the wall is necessary to stop the flow of drugs into the United States.

“If the wall is not built, which it will be, the drug situation will NEVER be fixed the way it should be!” Trump exclaimed Monday, adding: “#BuildTheWall.”

On Tuesday morning, the president claimed he had not changed his position on the wall as the “fake media” was claiming, but he didn’t specify whether he still believed he would get the funds in this week’s spending bill, which increasingly looks like a political impossibility.

Don’t let the fake media tell you that I have changed my position on the WALL. It will get built and help stop drugs, human trafficking etc.

The president may have realized that with Democrats ready to shut down the government over the wall and many lawmakers in his own party skeptical of it, there was little chance of reaching a deal on his signature campaign promise before the Friday night deadline. Some critics noted that Trump had long promised that Mexico — and not the U.S. — would pay for the wall’s construction.

Minority Leader Chuck Schumer, D-N.Y., praised Trump in a statement for taking the wall “off the table.” He had earlier called the demand a “monkey wrench” the president had thrown into sensitive negotiations between the parties over a series of spending bills to keep the government funded for the next five months.

A view of the U.S.-Mexican border fence at Playas de Tijuana in Mexico. (Photo: Justin Sullivan/Getty Images)

View photos

A view of the U.S.-Mexican border fence at Playas de Tijuana in Mexico. (Photo: Justin Sullivan/Getty Images)
More

But it’s possible the president will find a way to declare victory even if his call for a wall goes unanswered by Congress. Several Republican senators urged the president to think of the “big, beautiful wall” he promised on the campaign trail as symbolic of border security in general. That way, the president could declare any increase in border spending in the spending bill a victory, right as his presidency passes the symbolic 100-day mark on Friday.

“Border walls and fences are part of an overall plan, but there will never be a 2,200-mile wall built. Period,” Sen. Lindsey Graham, R-S.C., told reporters Monday evening. “I think [the wall] has become symbolic for better border security. So it’s a code word for better border security.”

Graham said the president would still be in “good shape” if he gets funding for border security in the spending bill that’s not specifically for a wall.

Congress readies for border wall fight neither party seems to want

Sen. Thom Tillis, R-N.C., also pushed for interpreting “border wall” as border security in general. “I know it’s being generally referred to as a border wall, but I think it’s the efforts to make sure that Border Patrol can have adequate funding for the people, technology and infrastructure they think they need to secure [the border],” Tillis said. “I think we can be less prescriptive about exactly what the structure looks like and more focused on the fact that we need to secure the border.”

Both House Minority Leader Nancy Pelosi, D-Calif., and Schumer have signaled openness to funding border security in the spending bill as long as it doesn’t go to construction of a wall or the “deportation force” Trump mentioned during the campaign. The Democrats could theoretically agree to funds for more surveillance technology on the border, or to hire and train more border patrol agents. But it’s harder to imagine them supporting an increase in Immigration and Customs Enforcement (ICE) agents, since they enforce immigration laws internally in the United States and not at the borders.

Meanwhile, one of the president’s staunchest defenders in Congress defended the delay of the president’s campaign promise, urging Americans to be patient.

“He said we would build a wall and Mexico would pay for it, … but he never said when,” Rep. Louie Gohmert, R-Texas, said Monday night on Fox Business. “Some things just take time and don’t occur real quick. I think that’s the way with the wall.”

THE RELIGION OF PEACE STRIKES AGAIN 4-17-2017

I believe what we are dealing with regarding Islam is an internal civil war. The first phase of this civil war is between Sunni Muslims and Shia Muslims. The Shia are about 15 percent of total Muslims, with the Sunni being the other 85 percent. The Shia are mostly concentrated in Iran, certain Gulf States like Bahrain, and scattered here and there all over the earth. The Sunnis are mostly concentrated in Saudi Arabia, Indonesia, Jordan, Egypt, North Africa and certain other countries. The major difference between them relates to the succession crisis after the death of the Prophet Mohammed. The Shia wanted a direct transfer to certain family members, and the Sunni wanted it transferred to the political class. They have been fighting each other over this for some 1300 years. They have both cherry picked the Koran to support their positions. We are dealing with Islam, both Sunni and Shia, and we are dealing with Militant Islam, both Shia and Sunni. Hezzbollah-Army of God is Shia. ISIS, seeking to restore the Islamic Caliphate, is Sunni. Al Qaeda is also Sunni. Iran’s Revolutionary Guards are Shia. Islam is engaged in an internal civil war between Shia and Sunni, as well as an internal civil war between various factions inside both Shia and Sunni. For example, the Sunni Al Qaida is fighting the Sunni Isis.

The next issue in this civil war is a difference of opinion relating to the meaning, the true meaning of Jihad, or Holy War. Some Muslims think this defines an internal, spiritual war. Militant Islam thinks it refers to an external, physical, not spiritual, war against Infidels, whether they be secular Muslims, Shia versus Sunni, or Al Qaeda versus ISIS. The other issue is the absolute requirement that all Muslims, Shia or Sunni, have to support Sharia Law. I will say it plainly: it is the duty of every Muslim: secular, Shia, or Sunni to support Sharia law in any country they live it. Bluntly put, it is a religious requirement for all Muslims to impose Sharia law on any society they find themselves living in. Islam is a belief system that requires adherents to subvert and control any society they live in. As such, the true difference between secular Muslims, ie those who aren’t actively killing people, and Militant Islam, whether it is Sunni or Shia, is only a difference of opinion on tactics and the level of violence they are willing to use. One branch wants to “breed us out,” while another wants to kill us directly.

We saw today in Fresno, California yet another example of Militant Islam in action. The link is here.

https://www.rt.com/usa/385225-downtown-fresno-shooting/

I am telling my blog readers that this kind of attack, whether the so-called “lone wolf,” or a small group inspired by Sunni, or Shia religious ideology, or linked to the feuding sub-groups like ISIS, or Al Qaeda, or Shia groups, is the new normal. It should be plain to see that basic religious ideology of Islam, whether it is Shia or Sunni, and whether it is Al Qaeda or ISIS, REQUIRES THE USE OF VIOLENCE TO BRING ABOUT THE ISLAMIC CALIPHATE AND THE IMPOSITION OF SHARIA LAW ON ALL SOCIETIES. Further, the Islamic religion is not able to respect alternative religions, or is Sharia Law able to respect Western secular law, or culture, or values under any circumstances. The only issue is the time frame for the establishment of the Islamic Caliphate, or the time frame for establishing Sharia Law. Militant Islam wants to do it faster, using violence as a tool; so called Secular Islam wants to do it with less violence and over a longer time frame.

I have known Muslims over the years. Most of them are non-violent, moral and ethical people. However, even these Muslims believe in Sharia Law, and the establishment of the Islamic Caliphate. They are just not willing to put on a suicide vest and murder Infidels to do it. The only choice the West has is a fast death from violence, or a slow death from the imposition of Islamic culture and Sharia law.

The Fresno attack, just like the many other Militant Islam attacks in Berlin, Germany, Nice, France, Orlando, Florida, and Stockholm, Sweden show we are at war with a ruthless, violent enemy. This enemy is now engaging in unrestricted warfare against us. As we lurch through the next few years, you should remember that single fact; namely, WE ARE AT WAR WITH MILITANT ISLAM.

Doomer Doug, a.k.a. Doug McIntosh now has a blog at www.doomerdoug.wordpress.com
My end of the world e book “Day of the Dogs” will soon be available for sale at smashwords. The url is
https://www.smashwords.com/books/view/267340 It is also at the following url
http://www.amazon.com/-/e/B007BRLFYU

THE THREE LEMONS ARE LINING UP NICELY 4-16-2017

In case people haven’t noticed things are lining up nicely regarding North Korea. Granted, we made it through the weekend, at least so far, without a nuclear war breaking out. However, I think we now have the worst possible situation on the Korean peninsula. We have Kim Jong, their resident psychopath, actually doing a live fire missile test in order to really piss off the rest of the world. Kim Jong did a missile test, despite being told not to. The fact it failed means we get hit with a one/two punch. Little Fat Boy pisses off the USA, Japan, South Korea and China because he did fire off a missile. In addition, Little Fat Boy is likely enraged because the missile blew up. Besides shooting any Nuclear Scientists or Generals handy, he is going to want to do another missile launch, or explode a warhead inside one of his many tunnels. Like I said, the situation has gotten worse, even though that seems impossible.

We need to clearly understand that in Kim Jong we are dealing with a man who is simply not rational in the accepted meaning of the term. Little Fat Boy has taken out Generals who feel asleep during one of his meetings and had him shot to death using a 40mm anti-aircraft gun. This is the level of mental derangement we are dealing with in terms of whether Little Fat Boy will really launch a first strike on Japan, or South Korea or Guam. The answer is yes he will.

Further, we are now lining up the three lemons, much like those on the one-armed bandits in Los Vegas. The first one is the prime time for any military action will be between April 24th and April 28th. It is called the “Dark of the Moon” and refers to maximum use of our clear military superiority with night vision devises. The American military “owns the night.” The second lemon is the Carl Vinson Task Force will be in theater around April 26th and able to begin offensive military action. The third lemon is the April 28th expiration of the budget agreement combined with a potential government shutdown. Obviously, we can be sure the Pentagon won’t be shut down, but the potential for economic and budget chaos is also a factor.

The bottom line is we are now entering a period of global instability centered on the Korean peninsula. The Korean peninsula is now in full political chaos in South Korea from the impeachment of the South Korean President, the current acting one, along with the election of a new one soon. North Korea, well I will repeat North Korea is currently led by a certified psychopath who is quite willing to kill as many people as he can if he is attacked. We have the newly converted neo-con warmonger Trump, along with his pet neo-con warmongers McMasters, McCain and a long list of others.

At any rate, while I am pleased I didn’t have a North Korean ICBM detonate 1,000 feet above Pioneer Square in downtown Portland, the situation on the Korean peninsula is even worse than it was 72 hours ago. I am convinced that Little Fat Boy will either do another missile launch, or detonate a nuclear warhead underground. After that, as they say, there will be a military response. The military response may come from China, or the USA, or Russia, or South Korea and Japan, or we may even see a repeat of the original Korean war with a UN endorsed military action.

The world is now in chaos, from the ongoing riots in South America, to the usual Middle East chaos in Syria and Yemen, and to a global debt based economic system withering away. Carpe Diem, amigos. Seize the Day and live each day like it could be your last: BECAUSE IT COULD BE.

I will add my thanks to the two of you who sent a donation to my Paypal account. To do that, click on the about section and use the link there. Several of you bought copies of my e-books on both Amazon and Smashwords, using the links below. Again, thanks.

Doomer Doug, a.k.a. Doug McIntosh now has a blog at www.doomerdoug.wordpress.com
My end of the world e book “Day of the Dogs” will soon be available for sale at smashwords. The url is
https://www.smashwords.com/books/view/267340 It is also at the following url
http://www.amazon.com/-/e/B007BRLFYU