Noah's Arc..Biblical legend or scientific reality?

by Blog Administrator

{The photo above is a half scale replica of Noah's Arc built in the Netherlands by Dutch Creationist Johan Huibers as a testament to his faith in the literal truth of the Bible. The Ark is 150 cubits long, 30 cubits high and 20 cubits wide. That's two-thirds the length of a football field and as high as a three-story house. Photos and captions courtesy of various news and information sources -Ed.}

The bible indicates that a great flood was initiated by God because the earth was filled with violence and blood. (Gen 6)

There are historical accounts of a great cataclysmic flood in many cultures admitted by secular historians. The legend of Gilgamesh describes the great flood as recorded in Indian folklore. Although secular historians discount the flood as nothing more than a myth perpetuated in folklore, there is much physical evidence apart from the bible that affirms the great flood.

40 days and 40 nights: The biblical account maintains that the great flood was initiated by rain for 40 days and 40 nights and that the fountains of the deep were opened. The rain would have been driven by the fountains of the deep erupting into the atmosphere from a cataclysmic event such as an earthquake. A Mid-ocean ridge traversing the earth like the seams of a baseball suggests that a fault in the earth's crust released this pressurized water.

The earth's tilt and/or wobble was likely altered from the huge mass of water now accumulating on the earth's surface, resulting in dramatic climate change after the flood.

Photo: Working Replica of Noah's Ark Opened In SCHAGEN, Netherlands

The resulting flood depth may be estimated by a simple calculation. The total known water on earth is 1.4 billion cubic kilometers or 4.592E18 ft3 (cubic feet) of water. The earth's surface area can be estimated from 4/3 Pi(r)2, where r= earth's radius.

Then 4/3 * (3.14) * (2.089E07 ft)2 = 1.827 E15 ft2 (Sq. Feet). The maximum flood water height attainable is then: 4.592E18 ft3/1.827 E15 ft2 = 2513 ft. So the water depth during the flood could not exceed 2513 ft and must be near the maximum depth after 150 days by the Genesis account. The height of the pre-flood mountains was therefore 2500 ft or less.

The earth before the flood was not 75% water as it is today. The bible only mentions one sea in which the four rivers leaving the garden of Eden, emptied, i.e. Pison, Gihon, Hiddekel, and Euphrates. The release of water from the fountains of the deep would create massive change in the earth's surface, pushing up huge uplifts and creating vast sea trenches. The Isthmus of Panama is evidence of tectonic plate shift created by flood post trauma in which billions of tons of water were released under pressure.

"Contrary to previous evidence..the Isthmus of Panama was most likely formed by a Central American Peninsula colliding slowly with the South American continent through tectonic plate movement [during and after a great flood].. The canal's maintenance also exposes sediment layers and marine animal fossils, as well as strata of rocks and clay specific to numerous environments, including lagoon, delta, swamp, woodland and dry tropical forest." This is the expected progression of the land as the great floodwaters continued to abate. So the higher mountains that we observe today would have been created during and after the great flood.

Preflood seawater composition was very different, only mildly salty compared to 35,000 ppm salinity today. The evolutionary account of origin also makes a similar claim for mild salinity in the early oceans: "In the beginning the primeval seas must have been only slightly salty. But ever since the first rains descended upon the young Earth hundreds of millions of years ago [or thousands of years ago as in a great flood] and ran over the land breaking up rocks and transporting their minerals to the seas, the ocean has become saltier." - Herbert Swenson, US Geological Survey Publication. So how did the seas get so salty?

Given the huge underground caverns of salt and other mineral deposits throughout the earth, water released from beneath the crust, i.e. from the fountains of the deep, would have passed through many of these beds on its way to the surface leaching out minerals. Salt and other dissolvable solids would be picked up by the floodwaters and transported to the newly created seas. It likely took centuries for the salt levels to attain their present day levels as opposed to evolutionists' claim of 'millions of years'. Periodic melting of the polar icecaps causes certain regions of the oceans to be less salty.

The materials contained in seawater are consistent with known mineral deposits across the globe and provides good support for the bible's account.

The flood not only accounts for the origin of the oceans but also of the rich petroleum deposits we find today. Oil is formed from the remains of tiny plants and animals (plankton) that died in ancient seas between 10 million and 600 million years ago during a great flood. After the organisms died, they sank into the sand and mud at the bottom of the sea. Bacteria acting in the underground caverns where dead animals and plants were trapped after the floodwaters had abated, produced vast quantities of crude oil.

Seawater also contains the two most important gases for sustaining life, oxygen and carbon dioxide.

Availability of Food after the flood:

Evolutionists have claimed that there would have been no food available after the flood because of the salt water. It should be noted that saltwater isn't always detrimental to plant growth, plants exhibit some tolerance depending on the degree of salinity. Belgium suffered salt water flooding of many of their crop fields during the 2nd world war but were still able to grow: "Seawater flooding in Belgium produces bumper Crop"

Supplies may have been low immediately after disembarking from the ark but seaweed (kelp) would have been abundant. It's rich in Iodine, so it could have been eaten by both man (as it is in Japan) and beasts, a boost to the immune system. Especially helpful in lieu of disease from contact with human and animal waste in the arc and being near dead creatures immediately upon leaving the arc.

The bible says: "Make thee an Arc of gopher wood; rooms shalt thou make in the ark; and shalt pitch it within and without with pitch..The length of the arc shall be 300 cubits, the breadth of it 50 cubits, and the height of it 30 cubits." - - Gen 6:v14-15

Photo: A contractor by trade, Huibers built the ark of cedar and pine.  Biblical Scholars debate exactly what the wood used by Noah would have been

Ark construction and feasibility

The Ark was most likely space frame or Semi-monocoque (hybrid) design rather than rib and keel construction. This eliminates the hogging associated with ships like the USS Constitution not to mention the logistic problems of a 300 cubit (600') keel.

No one knows what gopher wood is today. Several ideas have been put forth suggesting that it might be some form of laminated construction material or simply pitch saturated wood. If the latter, then why state the double requirement for pitch "within and without"? Would not the term 'gopher' itself convey that meaning? And, if it's a laminate, then why isn't it stated as to how the layers are to be developed as God did when telling Moses on the mount to take care to make all the things He commanded according to the patterns given?

The fact that gopher wood is not mentioned anywhere else in the flood account implies that it was a wood well known to the inhabitants of the time. It may be just another term for a common tree variety today that fell out of usage after most perished in the flood. Brazilian Ipe {eepay} is a wood known by many different names, some of which are 'Amapa', 'Greenheart', Tahuari'... etc. The unique 'gopher' designation could describe a variety of wood species just as the term 'Santos Mahogany' does.

"Santos Mahogany is grown in countries all the way from Mexico to Argentina... This rich species of Mahogany is deep reddish-brown to orange-brown in color in its heartwood. It is tougher and stronger than typical Genuine Mahogany, and it wears incredibly well over time. "

If the Arc's dimensions can be taken literally then why not the type of wood? Gopher, like 'Santos Mahogany', could have grown only in the area where the ark was built. Destroy the habitat and you destroy the species. Extinction is not unknown in our own time. The available supply of Gopher wood may have been destroyed either by the force of the flood, a higher salt-water concentration or simply an over abundance of water from the ensuing deluge.

The term 'gopher' does not necessarily infer a stronger wood than other species but perhaps it simply offered superior decay resistance like Ipe. Ipe resists insects, moisture and rot, highly desirable characteristics for a construction material during the 100 year long building of the Arc. Gopher may have been a wood better suited to marine use, just as one selects maple for building furniture, rather than cottonwood or elm. Many kinds of wood today are capable of satisfying the structural loading requirements of the Arc such as Hickory, Teak, and White oak.

The Arc and its frame would have been constructed with trunnels or dowel pins made with a hardwood like locust. Although Brazilian Ipe and Locust woods are difficult to work by hand, they make excellent fasteners because of their shear resistance 2060 psi and 1760 psi respectively. All wood in and outside the Arc would have been coated with a pitch sealant.

Pitch: a dark oily liquid obtained by distillation of coal tar, used as a preservative for wood. Pitch contains some 150 different compounds, creosote is one used to preserve wood such as rail ties. Noah's pitch likely didn't depend on distillation. "There are examples of stave churches that have been preserved with pine tar for nearly a thousand years.."

Photo: Deck not quite ready in time for the opening...

Arc construction began in May of 2005.

Huibers did most of the work himself with his own hands, of course, using modern tools and with some occasional help from his son Roy.

The bible indicates that there were 3 decks. The door or gangway would have been located at the 2nd deck elevation, whether in the side or in one of the ends, is still a matter under consideration. An earthen or wooden ramp would have had to be built by Noah and his family for the animals to board.

In the real Arc, ramps would have guided the animals to the upper or lower decks. Noah, his family and smaller animals and birds were likely on the top deck where the Arc's windows provided light.

Rainwater could have been collected during the 40 days rain depending on how the Arc's windows were fashioned. The food supply could be augmented by fishing from an Arc window at either or both ends of the ship.

The Coelacanth (see-la-kanth) fish "..astonished ichtyologists..[who] had been convinced that the last coelacanths were found only off eastern Africa, mainly in the Commoros archipelago. They had been thought to have died out around the time dinosaurs became extinct {70 million years ago -Ed.}, until one was found there in 1938. "

Photo: The massive central door in the side of Noah's Ark opened for the first crowd of curious townsfolk to behold the wonder.

In Noah's full size Arc, there would be room for some 35,000 species in small cages not including those that could survive in the sea.

Animals taken aboard the ark would have likely been very young, despite the obvious accommodation benefit, they would have longer lives in which to reproduce and replenish the earth. Small animals and reptiles would not grow dramatically in one year on the arc and reptiles are known to go long periods without food. In the dark holds of the ship, the animals would have spent most of their time sleeping.

The vertebrates would require approximately 146 railroad cars to house at the smallest 18" cubit dimension and the ark could contain some 500-railroad cars at the smallest dimension of the cubit.

There would be adequate storage space for food and water for each creature.
Photo Rampway similar to what would have been used to guide animals above or below the main deck.

It's calculated that the real Arc drew between 19 to 24 feet of waterline with its cargo and "..all manner of food" and water.

The first deck would have been completely submerged.

Dinosaurs & Man: (Job 40, v15-23 and Job 41, v15-21 ): "..in 1856, French workers were digging a railway tunnel when something monstrous stumbled towards them, emerging from a large boulder from the Jurassic period, that they had just split open... it was examined by a palaeontologist, and identified as a Pterodactyl.."

Evolutionists claim that man experienced a brush with extinction in the past, which supports the role Noah and his sons had in repopulating the earth.

'Human line 'nearly split in two': "The Genographic Project's findings are also consistent with the idea - held for some years now - that modern humans had a close brush with extinction in the evolutionary past [Or from a great flood!]. The number of early humans may have shrunk as low as 2,000 [or just Noah & his family!] before numbers began to expand again in the Late Stone Age. "

Photo: Life-size models of giraffes, elephants, lions, crocodiles, zebras,  bison and other animals greet visitors as they arrive in the main hold.

Skin color after the flood: (Acts 8:v27) If Adam and Eve were Middle Eastern in complexion, all the variations of man from Caucasian to Negroid could have been passed along to the generations from this genetic trait through Noah. The people of like coloration would have tended to separate into like bands or tribes. Scientists Find A DNA Change That Accounts For White Skin.. "In fact, several scientists said..new work shows just how small a biological difference is reflected by skin color. The newly found mutation involves a change of just one letter of DNA code out of the 3.1 billion letters in the human genome -- the complete instructions for making a human being."

Pigmentation Gene - SLC24A5: The anthropology of race and the discovery of a skin color gene, SLC24A5 ".. researchers then looked at two different human populations in which people with European and African ancestors had mixed relatively recently - African-Americans and African-Caribbeans. They found that, on average, people with two copies of the European version of the gene had the lightest skin. People with two copies of the non-European version of the gene had darker skin, and people with one copy of each version of the gene had skin color somewhere in between. "

Further Evidence of the great flood: Trees petrified in the aftermath of the flood: CONCLUSION.." The evidence presented here provides a basis for additional detailed research that could be done. Such research would be beneficial for our understanding of these unique fossil deposits. Offhand, the in situ model would appear to be the simplest and most natural explanation, but closer examination uncovers features that are difficult to explain for trees in growth position. A transport model involving the flotation of trees and organic debris in a body of water, as illustrated in Spirit Lake, gives a better fit to the data as observed in the Yellowstone Petrified Forests. We propose that the Yellowstone Petrified Forests provide an example of catastrophic deposition" as in the onset of a great flood.

"Now that I am old and Gray...give me the time to tell This new generation (and their children too) About all your mighty miracles." (Psalm 71:18 ) The bible says what it means and it means what it says.

Attachments:

          Noah's Arc Wind Effects.doc (329KB)

    Noah's Arc _HeaveDowelPinEffects5_11_10.doc (154 KB)

         Noah'sArcStructuralSummary3_7_11.doc (240KB)

       Noah'sArcRollstability12_10_11.doc (116KB)

 

Comments

Re:Noah's Arc..biblical legend or scientific reality?

by Allen Williams on Sat 27 Jun 2009 10:13 PM CDT | Profile | Permanent Link

There are two planned upgrades in addendum form for Noah's Arc. The first is a summary of structural calculations on the full size Arc, now included as Attachment 1. The second is a future update on dynamic analysis of roll stabiliry under different assumed sea and wave formations. - Ed.

Re: Re:Noah's Arc..biblical legend or scientific reality?

by Anonymous on Tue 12 Jan 2010 01:32 PM CST | Permanent Link

Arc Statistical tests on Acceleration Data have been added as of 1/12/10 - Ed.


Re:Noah's Arc..Dynamic Roll Resonance analysis

by Allen Williams on Tue 28 Jul 2009 01:16 PM CDT | Profile | Permanent Link

Attachment 2 is the first part of the dynamic analysis of the Arc under different sea and wave conditions. The first section is roll resonance in beam sea conditions.

This attachment will be updated as additional simulation results become available

Noah's Arc..Dynamic Heave Resonance analysis

by Anonymous on Sun 03 Jan 2010 01:03 PM CST | Permanent Link

Attachment 2 has now been upgraded to reflect Heave resonance tests under four distinct sea conditions. It includes acceleration, i.e. dy/dt effects on structural integrity.

Further sea tests under wind loading conditions are forthcoming as time permits.

Noah's Arc..Coincident Heave and Roll Resonance effects on Dowel Pin Fasteners

by Anonymous on Tue 11 May 2010 09:37 AM CDT | Permanent Link

The Arcs wooden fasteners have been evaluated for Heave and Roll Resonance effects:

In the event of a coincident heave force occurring during some portion of an Arc roll, additional stress is transmitted to the wooden dowel fasteners. Although such dowels have been used in the construction of a wide variety of joints, which resist axial, shear, moment and torsion forces, the dowel pins are subjected only to axial or shear forces here. Torsion forces are avoided.

Re:Noah's Arc..biblical legend or scientific reality?

by Anonymous on Sat 18 Feb 2012 09:49 AM CST | Permanent Link

The 'Wind-Sea effects on Arc Arc stability' attachment has been added.



SNOPES Exposed

 by Allen Williams on Fri 16 Jan 2009 08:00 AM CST


Update 9-3-2018
  Do You Trust Snopes? You Won’t After Reading This.  Snopes is now 50% owned by an ad agency (Proper Media) and they make money by generating millions of views on the 3rd-party advertisements on their website. It simply makes sense for them to seek out articles that are viral to “debunk”, so that they can piggy-back on that traffic and generate more advertising revenue. 
  • Snopes now has a hired team of suspect fact checkers who collaborate to debunk falsehoods that are trending on the internet.
Snopes doesn’t have a formal screening process for hiring fact checkers and for evaluating applicants for any potential conflicts of interest. Without such standards, it is very easy for them to be infiltrated by those who work with the industry and who have a hidden agenda.

12-21-2016 Update:  Snopes Fact Checker Accused Of Fraud For Prostitute Embezzlement Scheme  “Snopes, the website Facebook chose to “fact check” stories to eliminate “fake news”, has been accused of defrauding the website to pay for prostitutes.”

10-25-12013 Update: Snopes NO MORE The Self-proclaimed Debunker Of Urban Legend has been debunked.. Supreme Court Dockets show Elena Kagan had represented Barrack Obama in challenges to his birth certificate. Gaylan King has produced convincing evidence of Elena Kagan representing Obama and why she was nominated for the high court. Gaylan notes: "I went to Snopes to check something about the dockets of the new Supreme Court Justice. Elena Kagan, who Obama appointed, and Snopes said the email was false and there were no such dockets. So I Googled the Supreme Court, typed in Obama-Kagan, and guess what? Yep, you got it; Snopes lied! Every one of those dockets are there."

There is some pretty good circumstantial evidence that the Democratic Alliance and/or George Soros funds SNOPES


In September, The Daily Caller News Foundation published an investigative news story that revealed that millions of tax dollars had been sent from the Department of State to a charity created by Secretary of State John Kerry’s daughter.”

Three months later, a Snopes article attempted to cover up the controversy by discrediting The Daily Caller and its investigative findings.”

07-28-2016 Update: Snopes lied about the presence of American Flags at the 2016 Democratic Convention.  If the Mikkelsons can find ONE wrong item in any STORY then it’s all FALSE even if what has been claimed is 99% true as in Snopes Caught Lying About Lack Of American Flags At Democratic Convention.  “Myth-busting website Snopes flagrantly lied about the lack of visible American flags on the first day of the Democratic Convention, claiming an image from the second day of the convention was actually from the first day in an attempt to debunk a factual story from The Daily Caller.

David and Barbara Mikkelson are the founders and operators of 'Snopes.com', an e-mail rumor debunking site. The couple resides in the San Fernando Valley of California and reputedly founded the local Folklore Society. They have earned a reputation for determining the 'fact or fictitious ' nature of widely circulated e-mails in the Internet rumor mill. Recently an "eRumor about Snopes.com accusing them [of] being owned by a flaming liberal and..in the tank for Obama.." has been reported on by TruthorFiction.

Truth or Fiction denies any political bias on Snopes reporting but that doesn't resolve with a number of cases that I've researched. For example, Snopes claims that the author's assertion that the 'Three men who brought down Wall Street" were chief economic advisers to Obama was false, however semantics aside, the Washington Post has reported that the Obama campaign has been seeking advice from Raines on mortgages and banking issues. Interestingly enough, 'Truth or fiction' disputes Snopes findings in this very case.

In 2007, The American Family Association issued an action alert warning of the dangers of pending 'hate crime' legislation, particularly the threat of sacrificing religious liberty for 'special interest protection' which is really what the gay movement is after.

"The American Family Association is taking Snopes, the noted urban legend debunking resource, to task for its conclusion about the "hate crimes" legislation pending in the U.S. Senate." The AFA, which stands for traditional family values, issued an "Action Alert" to its constituents recently, warning that pending [hate crime] legislation could lead to a censorship of biblical perspectives on homosexuality. Snopes labeled the alert "false," denying any portion of the law could be applied to thought or speech. " - World Net Daily

It appears that the Mikkelsons, like many liberals who find minor flaws in a presentation, immediately discredit the entire piece as if the other 98% were somehow invalid. Snopes branded the AFA alert 'false' because they personally saw no threat to individual liberty within the hate crime wording.

'Hate-Crimes' are 'thought crimes' that are intended to punish the individual for 'wrong thinking' as only the state will define and preclude any presumption of innocence. The Mikkelson's 'false' statement assessment on the AFA e-mail flies in the face of recorded events in other countries, where people have either been fined or gone to jail for criticizing the lifestyle.

Pastor Ake Green, a Swedish pastor was sentenced to a month in jail for criticizing the gay lifestyle. He was later acquitted by the Swedish High Court. Then there was Scott Brockie, a Canadian who was fined $500o in 1999 for refusing to print blank letterhead and envelopes for the Canadian gay & lesbian archives. Next two Lesbians filed a Human Rights Complaint against a New Jersey United Methodist Church for denying them the use of a private Church pavillion on the beachfront for their sordid nuptials. The Church lost its tax exemption on the property as a result. The UMC is now suing the state for forcing gay marriage on the Church's property.

In a subsequent effort to debunk another 'urban legend', Snopes denies the truth of the claims for 500 tons of Uranium being shipped to Canada from Iraq despite MSNBC having published it and truthorfiction having confirmed its accuracy. CNN also reported a similar story in July 2007 on the shipment of Uranium to Canada. This is one of several instances where Snopes has been caught playing politics rather than making a factual determination.

Other discrepancies in SNOPES reporting: Obama ties to Islam "Snopes reply claims there is no evidence Obama has ever been a Muslim radical or otherwise...also quoted Obamas Senatorial page and statements as if they were irrefutable evidence. "

"In his autobiography, "Dreams From My Father," Obama mentions studying the Koran and describes the public school as "a Muslim school." - LA Times March 16, 2007 - http://www.snopes.com/politics/obama/muslim.asp

In a paradoxical 'flip-flop', Snopes confirms a request to Princeton to put a 'restriction' on distribution of any copies of Michelle Obama's senior thesis, ignoring her statement that "America was a nation founded on 'crime and hatred.' Apparently, her remark isn't radical enough to qualify nor is Obama's known association with weatherman William Ayers.

If you can believe the Newsbusters blog account, who notes: "the studied incuriosity of the Main Stream Media over the Che Guevara flag hanging in the office of Barack Obama campaign volunteer, Maria Isabel. " This was fairly well reported over the Internet, and apparently something Snopes overlooked as not germane to a radical predisposition. It appears that Communism may have gained a new acceptability at Snopes.

The Mikkelsons seem more concerned with stumping for the popular notion of ‘social justice’ here than with factual determinations. Either the Mikkelsons aren't sharp enough to understand the distinction or they're simply liberal shills.

It's a risky proposition when a small group of individuals become the 'self appointed' experts on 'what is truth' on the Internet. The notion of a select few being the truth determiners across the Internet can be a useful tool to the politicos to contain and minimize damaging information that has inadvertently found its way into cyber space.

Snopes isn't doing anything more than what the average citizen is capable of doing for themselves given the time and inclination to investigate e-rumors. The Mikkelson's determinations of 'Truth or Fiction' cannot be deemed anymore accurate or reliable than the current news media.






The Bilderburg Road to Global Government

by Allen Williams on Wed 14 Jan 2009 08:47 AM CDT | Cosmos


Recently, Kansas governor Kathleen Sebelius was invited to attend one of the secret meetings of the Bilderburg group. The Topeka Capitol Journal reports in its ‘CJ-Online’ publication, that the governor’s spokeswoman, Nicole Corcoran, said "..Sebelius was invited to speak about co-operation and consensus building in governmentBilderburg is made up of international business leaders, top politicians and academics from around the world who meet once a year at posh resorts. ."

What organization of international business leaders and top politicians invite a virtual unknown governor to attend a conference of world leaders from an obscure Midwestern state, ridiculed for its unscientific views of evolution? What gubernatorial achievements might merit such an invitation? Was it the governor’s rapid response to the recent tornado in Pratt? No? How about the governor’s business acumen in her stint as state insurance commissioner? No? Then, what could this governor possibly offer such an elite coterie of movers and shakers?

The Bilderburgs operate in the shadows of society, an organization of International Bankers and Financiers, engaged in the business of corruption. They are in fact an unelected, and unaccountable foreign body, spending their money quietly behind the scenes to further their own economic ambitions, hence secrecy is of paramount importance. International Banks largely fund the US deficit. "… Congress is still not meeting our obligations to the World BankStrengthening the Bipartisan Center: An Internationalist Agenda for America" - Samuel R. Berger, National Security Advisor. Remarks to the Bilderberg Steering Committee, November 4, 1999. The Chinese alone hold 1.2 trillion dollars in US treasury notes. It’s why China continues to hold the most favored nation trading status despite its legacy of human rights abuses. The Chinese have simply bought a favorable government policy.

Now, assuming that governor Sebelius didn’t waste $1274 dollars of Kansas public money to discuss the quantity of International Ski resorts, fine restaurants, or the plunge of the US dollar against the Euro, then what’s left? It must be something that she is in a position to do for the Bilderburgs rather than simply attend their conference. Perhaps, the Istanbul meeting sought a bipartisan consensus on the necessity of constructing an international highway connecting the United States, Canada and Mexico.

The Capitol Journal fails to report that Texas governor, Rick Perry was also invited to that same Bilderburg conference. So what you say? Gov. Perry represents the first leg of the NAFTA Superhighway, or the Trans Texas Corridor. Now, If you were a group of International Bankers looking to profit from a superhighway system via the interconnection of three countries, then you’d want key players on board in those nations and states where this highway runs. People, who can keep their mouths shut in return for rich rewards now and later, especially around re-election time. And, Sebelius has done precisely that in her quiet departure for Istanbul from Kansas City and her less than forthright account of the meeting. Earl Glynn, a blogger on the Kansas Meadowlark broke the story, not the media, or no one else would be the wiser. Publicizing the super highway only brings opposition, hence the Bilderburg’s stealth approach.

The banks will be loaning money for all phases of the NAFTA superhighway to be repaid by the taxpayers of the respective countries with interest. The Supreme Court’s Kelo decision will play an important role in the seizure of property for the highway. It’s likely that US taxpayers will shoulder the bulk of the highway cost because of the less than robust economies of Canada and Mexico. After all, socialism and tyranny aren’t known for producing large GNPs.

"The groups enigmatic and zealously guarded privacy lead to accusations of sinister motives to control world affairs." - Topeka Capitol Journal

There’s nothing sinister or conspiratorial about a group of international financial leaders getting together behind closed doors to discuss ‘co-operation and consensus’ building, unless it’s to prevent the public from learning precisely what ‘consensus and co-operation’ might mean within that body.

If the Bilderburg conference, for instance, were to address ways in which to reduce international crime and improve terror detection and prevention methods, then secrecy is certainly desirable. However, far more often, secrecy fosters a consensus of exploitation, an important reason to keep such desires hidden from the general populace, lest they realize that they will be forced to pay for these elitist banking schemes.

When ‘building consensus’ infers misrepresenting the true intent of policies or projects to the public, then it’s a consensus of lies. If building ‘consensus’ infers that stealth means are required to implement said policies or projects, then it’s a consensus of deception. If building ‘consensus’ is in direct opposition to the majority opinion in a given state or country and perhaps in opposition to the voted will of that people, then it’s a consensus of tyranny. If building ‘consensus’ infers misusing a nation’s courts to force these policies or projects, then it’s a consensus of enslavement.

So, if any of the conditions mentioned above might provide one or more motives for the Bilderburgs, then it would be a good reason for this international body to be secretive about its intentions, whom they enlist and how they’ll proceed in implementing their agenda.

The Kansas governor and her Bipartisan contemporaries in Congress are busy selling self rule and their constituency down the river for the gilded promises of the Bilderbergs.




Why 'tax free' municipal bonds are a bad Investment

by Allen Williams


The lure of municipal bonds as a ‘tax free’ investment can be very appealing, however, it’s the risks that significantly decrease its potential, risks that are never satisfactorily explained by the purveyors of these instruments, other than in ambiguous terms. The claim is that one would require an investment paying 8% to provide the same benefit as a tax free municipal bond, but is that true?

Congress ensures that no one truly attains tax-free status on any investment beyond themselves, despite many statements to the contrary, because of the Alternative Minimum Tax. Government simply adjusts the tax tables and reduces the social security benefit by an equivalent amount for tax-free interest received.

NuVeen offers tax free bond investments in the states of Kansas, Kentucky, Michigan, Missouri, Ohio and Wisconsin. The company offers four basic types of municipal bonds that claim tax-free status. They are ‘A’, ‘B’, ‘C’, and ‘R.’ We will confine discussion here to ‘A’ and ‘B’ bonds. ‘B’ bonds perform nearly identical to ‘A’ bonds but provide slightly less yield because they lack liquidity. Once purchased, they require a holding period before they can be sold. ‘A’ municipal bonds provide a slightly better return than class ‘B’ municipal bonds because the management fee has thus far been less. But, you may expect to pay at least a 4.0% ‘commission’ up front for the privilege of purchasing ‘A’ tax free bonds. The company’s prospectus notes that certain ‘special’ charges may apply when buying $50,000 or more of ‘A’ bonds depending on who offers them and the terms of the fund.

One may expect to pay a monthly management fee anywhere from 0.53% to 0.75% on the gross assets invested to manage the funds, regardless of the type bond purchased or its performance throughout the time of the holding. There is a penalty for selling class ‘B’ bonds ‘too quickly’, thereby depriving the fund manager of his ‘hard earned’ management fee.

A first investment in ‘B’ tax-free municipal bonds was made during the late summer, i.e. Aug. of 1998 through NuVeen Investments or The Boston Group as they are now known. Although the funds were purchased in late August, it was Oct 8th of that year before the first dividend check was received. It seems that the Capitol One true blue Kansas broker was able to collect the interest on my investment, as the funds were deposited with him for 7 weeks while Nuveen ‘processed’ the new account. When questioned on this, the broker indicated that it was typical because of the high demand for these investments. So, either the broker enhanced his earnings or both he and the company benefited during this time. It’s tantamount to buying a $300,000 house with 20% down and closing several months later. The realtor pockets the interest on your $60,ooo down payment with no credit to you during the wait. And, that’s in addition to the selling commission; it’s one reason why realtors favor substantial down payments.

NuVeen seems to function loosely and haphazardly at best for an investment firm. Reports on the bond funds investment performance tended to skip data such as the dividend rate during the period of interest. Early on, I had been required to garner a signature medallion notarization to buy or sell my bond shares over the telephone, which was done on March 4th, 2005 in anticipation of divesting some of my holdings. However, on March 23rd I received a notice from the company that my Telephone privileges had been cancelled.

NuVeen was informed that no one had authority beyond me to cancel since I was the sole owner of the account and had a valid notarization. However, I had to Fax a second copy of the original notarized form (and threaten them) in addition to the one I had already mailed. It was Sept. 22, 2005 before I finally got the company to re-instate the telephone privileges that I had requested in my original March 4th letter. The broker had apparently acted to thwart my ability to sell without utilizing his services.

The holding period for converting Kansas Class ‘B’ to Class ‘A’ tax-free municipal bonds was changed from 6 to 5 years and then back to 6 years again on little more than company whimsy. Class ‘B’ bond rollovers are automatic after 6 years, whether you want them to or not and whether or not it is favorable to you, the holder. In the former case, it prevented me from divesting some of my holdings for more lucrative financial opportunities because an earlier buyout of Nuveen put me right back in the CDSC band that I was just exiting under the original terms. So, instead of being able to sell at the end of the 6th year from the original five-year hold, I had to wait until the 7th year before I could divest.

The ‘tax free’ fund was trading at $10.63 per share in Sept of 1998. Despite some brief upswings, the fund had fallen to $10.54 by the following year and at the end of the 6 year holding period, just before the Fannie Mae and Freddy Mac bankruptcies, had settled in around $10.15 per share. So, what does this translate to in terms of dollars and cents? Well, first let’s calculate the cost of bond conversion. What? You thought they just transferred the shares like you deposit money? Not so, here’s how conversion works on a typical $10,000 class ‘B’ investment purchased at $10.63 per share and now worth $10.44 per share:

940.734 class ‘B’ shares x $10.44/share = $9821.26

Class ‘A’ bonds typically command a higher per share price than ‘B’ bonds largely due to their liquidity. So, you will likely lose shares as well as portfolio value in any bond transitions since there is no set time prior to Dec. 31st of the last holding year to require the company to effect conversion. It likely won’t be the next business day from the anniversary of purchase as is the case with a bank investment. The transaction is done automatically by the company if the shares have not been divested and you don’t get any options for the time of conversion. So now, class ‘A’ shares at $10.53/share are purchased by the Fund:

$9821.26/10.53 = 932.693 of class ‘A’ shares

In this case, 8.04 shares per $10,000 of investment were lost in the roll over. So, the holder has lost both capital and shares as a result of the ‘B’ to ‘A’ municipal bond conversion. Now, sum the losses for a $100,000 to $250,000 investment in bonds and you’re looking at some serious capital gain losses.

Well just sell off the ‘B’ bonds before they convert and there’s no problem, right? Well that’s not-quite true. A purchaser pays no up front fee to buy class ‘B’ bonds but pays a Contingent Deferred Sales Charge, i.e. CDSC, if they are sold anytime before 6 years and you may expect this requirement to change occasionally in favor of the bond issuer especially after you own the investment.

The CDSC charge is graduated based on the number of years the bond is held as follows: 5% the first year, 4% the second and 3rd years, 3% the 4th year, 2% during the 5th and 1% during the 6th. So, class ‘B’ bonds must be held 7 years before there is no CDSC sales charge to the holder, assuming the company doesn’t decide to ‘up’ the requirement. Yes, issuers of municipal bonds get to ‘change the rules ‘ after you own the investment due to buyouts and mergers just like banks, except banks usually continue to honor any preexisting CD terms from the financial institution bought. However, investment concerns like NuVeen, dealing in municipal bonds, do not. There is also the problem of declining share worth because bond values fluctuate like stock market shares, so losing $0.50 cents per share on the sellout is of greater concern than paying small CDSC commissions. There is an optimum time to sell.

NuVeen has a history of buyouts since my original 1998 purchase, the most recent is their acquisition by the Boston Group. Buyouts often present a convenient terminus for changing the rules on existing investments. This company has altered dividend quantities, dividend pay out times, the hold time for divesting bonds as well as the holding period for conversion to Class ‘A’ bonds.

Dividends from the fund were initially due on the 4th of the month but the most recent buyout settled on the 9th and often was the 11th before they were actually distributed. It should be noted that there is no penalty to the company, no matter when they make the distribution. The monthly holding time requirement for selling bonds shifted to the 29th of the month, i.e. if the bonds are sold prior to this date, the holder automatically forfeits the dividend for that month. So, if I held the investment until the 28th of the month and then sold, I would lose my dividend because its not prorated and the sale was prior to the 29th. You won’t read this on their website at http://www.Nuveen.com, change notification comes by letter and it can come at anytime.

In November of 2007, I received just such a letter: "We would like to take this opportunity to inform you of a change that will take place regarding your NuVeen investments bond mutual fund dividends. Starting in December of 2007, you can expect to receive your monthly dividend check approximately four days later than you receive that check currently. This change is a result of moving the record date from on or about the 9th of each month to three business days prior to the payable date. Moving the record date will allow a larger window during which investments received will be eligible to earn the dividend payable the following month." - Nuveen Investments.

This is pure nonsense. The shift has been made to facilitate the brokerage, first in collection of the monthly management fee and secondly, to accommodate delayed interest payments from the participating states, it gives no benefit whatsoever to the bondholder. The Nuveen letter also fails to note a corresponding shift in the monthly holding time, prior to divesting, as a result of the dividend change.

Tax-free municipal bonds work along the same lines as a ‘slush fund.’ They’re intended to be ready resources for states that can’t manage money. Interestingly enough, both Kansas and Michigan fall into that category with high tax economies and poor growth. States with poor economic policies seek to increase taxes to pay the interest on what they borrow through the sale of bonds. Impoverishment of the citizenry and cheating investors is of no concern to those who hold political office, staying elected is the only objective. Investment firms like NuVeen are ready to capitalize on state's poor fiscal management.

Income tax table adjustments and negotiating lower bond rates are means by which states can ameliorate interest burden and hedge against future operating costs at the expense of taxpayers.

Unlike fixed investments, bond interest rates fluctuate with economic conditions. Bond rates generally fall when the economy is good and increase when it is bad because states are more likely to vorrow during poor economic times. However, Kansas NuVeen municipal bonds ‘went south’ right from the start and were poor performers during the time of my holdings, regardless of the condition of the economy, demonstrating a steady downward trend over a ten-year period.

Figure: Ten Year trend of Bond prices and Dividends for NuVeen Investments

My dividends began at 0.0370 per share initially, dropping to 0.0345 and then to 0.028 per share in April of 2004, a 24% drop in dividend rates in just 6 years. The rate remained at 0.028 through December of 2006. Shares were trading for $10.28 during this same period.

The supposed strength of tax free muni-bonds is the taxes you don’t pay. The NuVeen motto claims, "it’s not what you earn, its what you keep." So how much did I keep due to NuVeen bond fund performance? Well, in 1999 the tax benefit was $152 dollars per 1000 of capital allocated to bonds but by 2006 the savings were down to $101 dollars per 1000. This is a 35.6% drop in tax benefits for capital invested in bonds in addition to the 24% drop in dividend rates during the same period.

It’s an obvious conclusion at this point that the fund is managed for the benefit of the states that sell the bonds.