“In a time of universal deceit, telling the truth is a revolutionary act” George Orwell.

In a time of universal deceit, telling the truth is a revolutionary act”     George Orwell.

The Financial Industry has not allowed the public to be aware of the risks of stock market investing, with false advice that “on the long term, the stock market will always recover.” Keynes has a famous quote that states ” in the long run, we will all be dead.” During the period between 2000 and 2008 the stock market went down more than 50% twice, which was devastating for people who were retiring or sending their children to college during that period. In full disclosure, the Financial Industry should tell investors that investing in the stock market is too dangerous and that most people should  treat stock market investing only as a speculation. Most people should not gamble with their savings.Currently the Central Banks, throughout the industrialized nations, have interest rares close to zero. These low interest rates have forced investors into the stock market, as an the only alternative and in my opinion is like feeding anchovies to the sharks. This  is another crime by Wall Street to take more equity away from the public into fewer and fewer pockets. In 2008, Wall Street used CMO’s to take the equity away from middle class homeowners. This time I believe a stock market crash (which I explain in my Lone Bear Letters), will take the remaining wealth from the middle class.(also see Death of the Stockbroker.)

I believe political stagecraft, through skilled manipulation of facts, has given the public the perception and the illusion of power, rather than participation in real power. Public opinion has been manipulated and nullified.  We have only ourselves to blame. Like Pogo said “We have seen the enemy and it is us”. My fear is that, this process has Big Corporations and the top 1%, dominating  the financial industry and has left small businesses and the investing public very vulnerable. The general public, in my opinion, has become so weakened, that it is powerless to stop a crisis from progressing.

It was George Orwell book of  ‘1984′ fame who said: “Anyone who challenges the prevailing authority, can find himself suddenly silenced.” (Giordano Bruno burnt at the stake in 1600 for saying the earth revolves around the sun). There has been a major effort to silence me! I got ‘barred’ after appealing a minor $25,000 fine and 90 day suspension. I lost my business, my largest asset, my retirement from 12b1 fees and my reputation. I also lost my access to being quoted (once a month) by such media as The Wall Street Journal, Barron’s Magazine and Reuters international News service. I found out a little to late, that ‘Due Process’ at the SEC, is not tolerated. And just recently my bank JP Morgan, canceled all my accounts and my charge cards. Faced with this tyranny and censorship, it is important to still speak out.

Therefore, I will continue to speak out about what I believe to be the TRUTH! I will continue to write, because I feel that there is a need of an independent voice outside of the massive and powerful US Financial Industry, to warn investors of a view that the Regulators (FINRA & SEC) and the Financial Industry would rather have silenced.

Carl M Birkelbach


I am resting, on the beach, out of the river’s flow

It still flows, but without me

On the beach, Mondays and Sundays are the same

In the flow, I was painfully tossed about

There I cried out in a voice almost moaning

Who am I and where am I going

On the beach, there is stillness and peace


I have been here once or twice before

But only for a while, then tossed back in the flow

Where I become immobilized, without control

Battered and disabled by ambition, now I see

Into the flow and over a cliff in a waterfall

In painful agony I cried out, yes I can

Yes I can do what, control the flow?


You only control the flow in your dreams

The flow controls you, not the other way around

On the beach, I can just watch the flow

Danger! I can feel the flow pulling me back in

Stay calm, take a deep breath

The flows movement is temporal, stillness is reality

I have come a long way to achieve this beach


Out of the frozen tundra I have come

How long can I stay in a state of grace on the beach?

This is what it is like to live without stress

Maybe I can just dip a toe in the flow

Oops! I am being swept up by the current

Ambition and desire are sucking me back in

No rise above, Rise above, Rise above!


Here, I am above the flow, even above the beach

Here, the veil of Maya and Neith are finally lifted

Here, I am connected, this is fulfilling, I have arrived

Here, there are not even days or nights

Here, time ceases to flow with the flow

Here, movement and stillness have no meaning

Here above the flow, we are One


Wow! Look at that river flow

The flow is turning wheels and the wheels are turning lives

It is just a game, but people think it’s real

In the flow there is no rest, there is no winning

There is only the flow, ever onward

But from here above, it looks so silly

Being above, is even better than on the beach


Still, many are in the flow, some as tears

If I were to return, it would be different for me now

The new me, would be eager to teach what I have learned

Should I take another trip down the rapids?

Maybe I should try and reach higher instead?

Actually, Here there is no higher

Here upward and downward have no meaning


The sirens of the flow beckon me back

Why? To make the world a better place?

Maybe I can ease the burden of others?

There are no easy answers, but I can help, I can try

This time I am better prepared to enter the flow

This time I have seen it from above, I understand

Look out. Here I come again!


Mr Birkelbach does not offer investment advice, but merely his own personal opinion. This report has been prepared from original sources and data we believe reliable but make no representations as to the accuracy or completeness. Mr.Birkelbach , his affiliates and subsidiaries and/or their officers and employees may from time to time acquire, hold or sell a position in securities. Past performance is no guarantee of future success. Upon request, we will supply additional information. CarlBis@aol.com