In Journal Science, April 16, 1999, U.S. Senator Robert Bennet says:

"Dire effects are predicted in developing countries---the fears of stockpilers and survivalists in some countries are not totally unfounded:  There exists the likelihood of regional economic and civil unrest in regions already experiencing political instability, runaway inflation and food and supply shortages."

Bennett says the U.S. health-care industry, "is one of the worst prepared for Y2K and carries the greatest potential for harm," and Michael Haga, Editor-in Chief, of The Economic Outlook in the May 1999 issue [For Subscription $129/yr; 1-800-323-3523] says, "if heart defibrillators, respirators and other critical devices fail."

However, "Bob Bennett said (in December, 1998) that one of his frustrations was that despite extensive probing and investigations, he still didn't know what to expect of Y2K.  It's like an onion, he said:  the more layers you peel away, the more your eyes cloud up.

'People lie to us.  Or they don't talk to us at all.'

"So if you think you don't have all the facts, you're not alone." ---Source:  Countryside, Countdown to Y2K.  Part VI, Vol. 83. No.3 May/June, 1999.  Subscriptions:  $18/yr.  1-800-551-5691.

Haga continues: "Also lagging are the oil industry, education, agriculture, food processing, construction and, in general, small and medium businesses, according to what Bennett said.

Haga quotes Bennett on the nation's telecommunications system .... "is one of the most Y2K-vulnerable systems, along with electric utilities."

"Folks," Michael Haga writes in the May 1999 issue of The Economic Outlook (1-800-323-3523), "if the power goes down, the banks fail!  If the banks fail, it will be chaos.  People are in denial today.  They refuse to face up to the enormous Y2K problem because they are emotionally committed to the survival of the comfortable way of life we have in America.

"Unfortunately, most people will remain in denial until they cannot escape the worst consequences of the Millenium Bug.

Instead of preparing for the end of the electronic promises to pay, fractional reserve banking system; instead of buying silver coins, people dream of silver linings the stock market boom promises.  Instead of buying gold, people dream of golden tomorrows."

In effect, what Haga is saying is that most of America is picnicking on the banks of hell and doesn't even know it.

Dr. Gary North's Remnant Review, [For subscription: $129/yr (410) 234-0691; international (410) 783-8440 writes in Vol. 26, No.5, May 7, 1999 issue (610), "if the power grid goes down and stays down, the death toll will dwarf those of World Wars I and II combined."

"Without electrical power, you cannot produce electrical power. If the grid dies completely, urban society will be without power for decades.  It would collapse."

"The capital necessary to fund the re-creation of the grid is tied up in the grid.  Electronic promises to pay [remember what Haga just said] become unenforceable the day the grid goes down.  The West's capital will disappear into the digital void.  The collapse of the banks will destroy most of the world's capital.  Yes, the physical structures will remain, but capital today is mostly information and information requires electricity to sustain it."

Recall what we said earlier, trillions of dollars are transferred around the world electronically every day via telecommunications through banks, financial institutions, brokers, markets, and the like.  What happens when America can't function financially with telecommunications throughout the world.  Total Chaos!

And remember what Jim Lord said:

"Telecommunications is the Achilles Heel of the electrical grid. .... the electrical industry can't even test this critical component. .... There isn't enough time ... people .... The engineers don't have the training.....not enough equipment....no test plan."

"There is no doubt," Gary North continues in the May 7, 1999 issue, "that Western Civilization could be gone in just 12 months from now --- total social chaos leading to a new dark age."

"Remove electrical power for 60 days, and you won't get it back for 60 years. It takes power to generate power.  It takes power to get fuel deliveries, sustain telecommunications, and produce spare parts.

"It takes power to get people to work.  Remove electrical power completely for 60 days --- my estimate --- and the social infrastructure necessary to re-boot the grid will be gone.  It will not come back in our lifetime.  Those are the stakes.  They are very high."

"While the knowledge of power will not all be lost, the capital to re-build the social order that gave us power would take decades to accumulate.  Most people's wealth would disappear in the power failure.  Any extra capital would then go to buy necessities."

With capital gone, because the government has lost the ability to print money, make cyber money, then, if the government stays up -- for a while at least -- then we foresee them cranking out of script.... and this depends upon them finding an old hand-operated printing press.

In Social Chaos Survival Guide by Jake Carson; Published by Sentinel Publications; 10660 S. Tryon St., Suite 16; Charlotte, NC 28273; 1999, the author writes:

"Since the 1960s, the US government has had emergency money sitting in warehouses.  This money is designed to replace standard cash following a national crisis such as a nuclear war or serious earthquakes hitting simultaneously in various parts of the country. It is unclear as to whether standard money would remain legal tender or would be outlawed."

His feeling is the same as ours.  A different money will probably be used. This puts the government in control.  They "dole" where they want to .... and this is control when the absolute collapse comes.  Other sources say the script is already here, and will be used.  One source said it may be red money, different from what we are use to.  Without it, you can't "buy, sell, or trade." ---Hmmmmm.

It's coming Folks!

Get prepared now.  "Times a wasting."

With the power grid gone, you will see a mass kill off of people.  The very, very old; the very, very sick; the very, very young.  The mentally incapacitated too!

There are 139 Third World Countries behind in their Year 2000 endeavors, The World Bank has just revealed.

This is the bank whose membership consists of a large array of nations, including China.  Loans are made directly to member governments or to private enterprise on condition that the government guarantee the loan. Funds from loans are used to support a variety of long-range projects in such fields as energy, agriculture, and transportation, with the overall aim of improving living standards.

Most of the member-nations of the World Bank, which is most of the world, is not Y2K ready!  What does this mean to you--especially your money? Plenty!  How?  If your bank has ties to these Third World countries, and most do, then your money is sitting on a time-bomb--and we know the date for explosion.

It goes this way:  Many of these countries that are not Y2K ready are vital trading partners with the America.  What happens when they go down internally, that is, to their infrastructure.  When they become disrupted, their economies tank, John Mauldin, Editor of Issue 3, February 25, 1999, Year 2000 Alert [Subscription: $98/yr (1-800-317-6278] contends---and he is right.

If those governments can't function, they can't produce the goods we need. This includes vital raw ingredients for "life-or-death drugs!"  And, all importantly, they can not buy from us.

The Millennium Meltdown, by Howard Ruff, of The Ruff Times [1-800-773- 7833 for subscription and free copy of ... Meltdown], points out the following:

"But 70% of the world's insulin is produced in a computer-controlled manufacturing plant in the Netherlands.

"The world's diabetics are betting their lives that those computers won't crash at the stoke of midnight on New Years Eve, 1999.

"They're also gambling on the companies that supply that plant:  The electrical utility ... bank ... phone company ... water provider ... sewage treatment facility ... raw materials suppliers ...

"They're counting on its distributors and their suppliers ...

"Their pharmacist and his suppliers ... and they're gambling on their own bank or insurance company --- and their suppliers --- in order to pay the bill."

However, the Houston Chronicle; Tuesday, March 23, 1999 says:

"At the Walgreen Co. drugstore chain .... executives are trying to figure out how to handle customers who may want to stock up on prescription drugs.  'We don't think there will be a problem with pharmaceutical supplies,' company spokesman Michael Polzin said. 'But people might think there's a problem, which causes the problem.'" --- Little do they know ... you are better informed than they.  We hope they're right.

Mauldin further writes...

"We are the world's largest exporter of goods and services, with more than 12 million Americans in export related jobs."

We can see the problems generated from just that alone.  However, we still have a trade deficit.

When this goes down, you can expect those countries that buy our goods to drop drastically, especially China.  This entails major losses--big time-- for those U.S. companies that sell there.  They will drown in a sea of red ink! They won't be able to shore up their loans with the banks, the hits to the stock market will be enormous too.  Bankruptcies will soar.  And you, the investor, will suffer if you have stocks or financial instruments connected in one form or another to these countries that are not Y2K ready.

And .... as you see, they "ain't" going to be ready ... period.

The four most populous countries are, in addition to China, ... India, Indonesia, and Russia.  What your WebMasters see is the possibility of mass famine, and possible starvation from this Y2K problem, in addition to other things.

The reason is because of the domino and backlash effect.  The money flow stops, goods and services are curtailed sharply too.  This could precipitate a new Dark Ages for a while, as others are implying/predicting.

If you have an extended family in the Third World countries, they should be encouraged to store food; get gold and silver bullion coins.  If you can help them do this, the better.  It should be done immediately.

Mauldin says quite clearly, "... not one--of these countries have started their remediation efforts in any serious manner." He continues,

"Every single one --- plus dozens more--- will inevitably suffer disruptions in:

• government services,

• air transportation,

• telecommunications,

• utilities,

• food distribution"

Now, why does this generate a disaster for us?  In a word, globalization.  We are internationalists now.  Our Wall Street investments could not have soared for the past ten years had it not been for being global.  Banks and brokers have been stimulated because of this quality.  ... and this has turned on the investor.  However, we have been picnicking on the banks of hell and not even knowing it.  The party is about over.

There you have it.   If you are tied in, one way or another, through your bank, mutual funds, or personal investments, to overseas markets, you may stand to lose most or all of your money or wealth.

Only two of the developing 139 countries are on schedule to being Y2K ready, South Korea and Tunisia.  And being on schedule is equivalent to saying "the United States is 'on schedule,' despite all the potential disasters we're uncovering," editor, John Mauldin says.

The World Bank survey points out that most of the world is not ready, and has not even picked up a pencil to start the preliminary work on Y2K.  We only have 10 months to go, and it took Social Security ten years to become Y2K compliant.

China is not ready.  Russia is not ready.  Indonesia is not ready.  Brazil is not ready; nor those countries that supply half of the oil to America, which are the OPEC countries in the Persian Gulf, South America, and Africa.  This includes Mexico and Venezuela, who together supply 30% of the total U.S. oil, of which Venezuela supplies 17%.  Saudi Arabia, Mexico, and Venezuela are the top suppliers--they are the least prepared for Y2K.

And to make matters worse, Chevron--a U.S. oil company-- has now announced that it won't have all its systems fixed in time for the "Year 2000 business interruptions could prevent it from making and delivering refined products and producing oil and gas," researcher, Martin D. Weiss, Publisher, announcers (others have too) in his February 23, 1999, Special Supplement.

Writing in Year 2000 Alert, February 23, 1999, Weiss points out this American oil company "has spent hundreds of millions of dollars on fixing its Y2K problem!" And, they still have problems. "What will happen to big oil suppliers in Third World Countries that do not have sufficient capital to fix their problems?"

The January 21, 1999, Washington Post shows deep concern, when it writes, "the 'Y2K bug' could disrupt maritime shipping, air transportation, oil supplies and other sectors of world trade."  And, most oil tankers, according to the U.S. Coast Guard, will slow oil delivery due to Y2K problems because the tankers practically all have elegant computer systems that automate the ship, and they are susceptible to the Y2K bug.

What happened in April?  A pre-panic and then suddenly it stopped.  The pre-panic was a rush to buy gold and silver, stock-up on stored foods, buy generators, and develop covenant community relationships---all this with regard to the Y2K problem.  This had actually been going on for several months previous.  Now, for the most part, it has stopped.  Your WebMasters' observation is that the people are being lulled by the press via various organizations and the government that Y2K will be nothing more than "a bump in the road."

How is this being done?  First, people want to believe in the best; that is to say, that their lives will not be affected, or only minorly, with the Y2K--- oh, they forget about the coming Total Collapse of the stock market---if they even heard of it---and most have not even considered it possible because our schools have taught that a Great Depression can never happen again:

"During the 1950s and '60s, it became policy in the schools to teach children that we will never have another depression. Supposedly, the Employment Act of 1946, the FDIC, Federal Reserve and other government agencies all insure that a depression cannot happen." [Source:  The Clipper Ship Strategy, p. 115; Richard J. Maybury, 1997; Bluestocking Press:  1-916-621-1123].

They also have not even considered the solar phenomena coming.  Sooo...what's going on?  Well, here it is:

"Three-quarters of the stocks of CBS, ABC, and NBC are held not by individuals but by banks.  Bank of America, Citibank, Bankers Trust, Chase Manhattan, and Morgan Guaranty Trust hold these stocks; these banks appoint the representatives who sit on the boards of the major networks [underscoring WebMasters].

Just eight corporations control most of what you might see or hear on the airwaves in the way of news in many urban areas; these corporations control the three major television networks (CBS, NC, ABC), own some 40 subsidiary TV stations, control over 200 cable TV systems and have more than 60 radio stations.

[Source:  Phil Hunter, Free From Big Brother's Media: How to Regain the Truth in a World of Lies, Wave Publications, Colleyville, TX, 1998; published in Social Chaos Survival Guide by Jake Carson; Published by Sentinel Publications; 10660 S. Tryon St., Suite 16; Charlotte, NC 28273; 1999.]

Jake Carson also writes:

"The same eight corporations have also covered the print industry. They control 59 magazines (including Time and Newsweek), have chains of newspapers (including the New York Times, the Wall Street Journal, the Los Angeles Times, and the Washington Post). They also command 41 book publishers and a few other media enterprises thrown in for good measures.  [Sources: Ibid.]

Now.... are you beginning to get the big picture as to why you are not being told the truth about the banking industry in regard to the Y2K? --- it's not in their interest to do so.  Everything you're reading on these pages should begin to speak to you.  There's more, lets see .... oh, yes, on the Y2K government website, www.y2k.gov describes "a Senior Advisors Group."

Their job:  to advise the government on the best way to handle the Y2K situation.  They consist of over 20 distinct organizations. To name a few:   American Banker's Association, Grocery Manufacturers of America as well as the American Association of Railroads---and you know the problem the railroads are in with regard to Y2K, non-compliant.

On April 8, 1999, Reuters says:

"Information is being touted as the most potent weapon in the battle to prevent a possible year end run on banks, gas stations and mutual funds, and the media is seen as a critically powerful force in shaping public behavior.

"At a recent Media Studies Center Forum in New York called 'Y2K:  The Press and Preventing Panic,' two of Washington's leading Y2K trouble-shooters urged reporters to be generous with reassuring news and helpful advice on do's and don'ts.  'The issue to deal with is panic. The issue is overreaction ... that's where the risks are,' John Koskinen, ... said."

It appears that to John Koskinen, the Y2K is no more than a perception problem and the government, large institutions, and the media must change this to no more than a "bump in the road."  Y2K is not a computer problem, at least to the Y2K Czar---it's only an illusion.

"People think," according to the May 7, 1999, issue of Gary North's Remnant Review [for subscription, see above] "a worldwide crisis is solved because of press releases.  They desperately want to believe in the press releases, and so they do."

Let's recall again researcher Weiss' statement about the banks now that you have the immediate above information:

In his February 23, 1999, newsletter, Weiss flat calls the FDIC, that says the national banking industry "... is just fine," liars.  He says "they're lying through their teeth," and he now has the evidence to back it up. ---see beginning paragraphs.

Capers Jones, a leading Y2K consultant on software research, and head of Software Productivity Research, said over two years ago that 78% of the worlds computer code is not in America, but outside the U.S.  Even if the U.S. were or could be come 100% compliant, most foreign countries are not.  America, as the rest of the world, is no longer nationalistic, but globalistic---it is international.

America interfaces with the 78% of the other computer code that is not in the U.S, but outside and connects daily with it.  And most are not Y2K ready!   What do you think this will do if the rest of the world's computers don't make it, and it looks like most will not.  They will crash our system in America.

This seemingly trivial, but extremely important fact is so simple in effect but so terrible in consequences, it is not comprehended by the American public emotionally.

Editor, John Mauldin, writing in Year 2000 Alert, April 9, 1999, Issue 5 (For Subscription: 1-800-317-6278; $98/yr.) says:

"A main-board director of leading French bank said, 'The year 2000 question is a conspiracy cooked up by the Americans and the British [WebMaster's emphasis] to create a smoke screen and distract attention away from preparations for the single European currency.'  The situation in Russia and China is even worse than in Europe."

This report comes from the U.S. Senate Report entitled, The Senate Special Committe on the Year 2000 Technology Problem, chaired by Senators Robert Bennett (R-Utah) and Christopher Dodd (D-Conn.) page 128.)

"The Year 2000 doesn't exist in Italy.  You try to raise the awareness in Italy, you speak to people, you show them the evidence, the reports from the U.S., but somehow it's impossible for Italians to believe this is serious.  They think that we'll find a way to fix it at the last minute." --Paolo Tedone, Vice president of a Milan Software company.