It’s Beginning To Look A Lot Like 1930

An increasing number of economists, world leaders and financial columnists are beginning to acknowledge that our current economic crisis bears a striking resemblance to what was going on about the time the Great Depression of the 1930s started.  Just like the “Roaring 20s”, the American people over the last couple of decades have been getting into massive amounts of debt in pursuit of the American Dream.  But just like the early 1930s, we are now experiencing a severe credit crunch and the process of deleveraging this gigantic mountain of debt promises to be at least as painful as the deleveraging that took place throughout the 1930s.  It seems like almost everyone is using words like “double dip” and “recession” now, and a lot of analysts are even starting to utter even more dreaded words like “deflation” and “depression”.  Even the Federal Reserve, usually one of the biggest cheerleaders for the economy, is now saying that the U.S. economic system may not recover for another five or six years.  If that is what the Federal Reserve is admitting to, then how bad are things really?  The truth is that it really is beginning to look a lot like 1930 out there. (Read More...)

Governments Around The World Are Eagerly Adopting The Strict Population Control Agenda Of The United Nations

Did you know that July 11th was “World Population Day”?  Unfortunately, it is not a celebration of the world population.  Rather, it is a day that the United Nations uses to “raise awareness of global population issues”.  Yes, population control now has its very own holiday, and an increasing number of nations are jumping on board and are adopting strict population control measures at the urging of the UN.  In fact, many world leaders used the occasion of World Population Day 2010 to highlight just how well they are doing in reducing their populations.  To many Americans, this kind of thing is absolutely sickening.  Population control by the government is directly opposed to the American Dream and to everything that our founding fathers fought so hard to establish.  But today, even most U.S. politicians have bought into the radical population control agenda and are helping to export it across the face of the earth.  The truth is that now it is very hard to find a major world leader that does not agree with this radical population control agenda to at least some degree. (Read More...)

Will The Tea Party Movement Succeed Or Will Ideological Divisions Doom It To Failure?

The Tea Party movement has been one of the most exhilarating things to happen to American politics in decades.  Millions of Americans who have become increasingly frustrated with government and who feel that they are not being represented have banded together to take collective action in what is truly one of the greatest grass roots movements in U.S. political history.  Some have even suggested that the Tea Party movement should become a new political party.  Every single day now, the Tea Party movement makes headlines all over the globe and it has had some tremendous success in getting some candidates elected recently.  But are there problems on the horizon?  The truth is that there are only a few things that almost everyone in the Tea Party movement agrees on.  But there are a whole bunch of issues that are creating major ideological divisions among Tea Party activists.  In fact, most of the issues listed below will create huge arguments at any Tea Party gathering.  The reality is that the Tea Party movement has attracted a very diverse group of people, and there are only a few points that they all agree on.  So can such a fractured movement survive in the long-term? (Read More...)

22 Statistics That Prove That The Middle Class Is Being Systematically Wiped Out Of Existence In America

The 22 statistics that you are about to read prove beyond a shadow of a doubt that the middle class is being systematically wiped out of existence in America.  The rich are getting richer and the poor are getting poorer at a staggering rate.  Once upon a time, the United States had the largest and most prosperous middle class in the history of the world, but now that is changing at a blinding pace.  So why are we witnessing such fundamental changes?  Well, the globalism and “free trade” that our politicians and business leaders insisted would be so good for us have had some rather nasty side effects.  It turns out that they didn’t tell us that the “global economy” would mean that middle class American workers would eventually have to directly compete for jobs with people on the other side of the world where there is no minimum wage and very few regulations.  The big global corporations have greatly benefited by exploiting third world labor pools over the last several decades, but middle class American workers have increasingly found things to be very tough.  The reality is that no matter how smart, how strong, how educated or how hard working American workers are, they just cannot compete with people who are desperate to put in 10 to 12 hour days at less than a dollar an hour on the other side of the world.  After all, what corporation in their right mind is going to pay an American worker ten times more (plus benefits) to do the same job?  The world is fundamentally changing.  Wealth and power are rapidly becoming concentrated at the top and the big global corporations are making massive amounts of money.  Meanwhile, the American middle class is being systematically wiped out of existence as U.S. workers are slowly being merged into the new “global” labor pool.  (Read More...)

Money Crunch! How Can An Economy Built On Debt Function If Nobody Can Get Loans?

Over the past several decades, the U.S. economy has become increasingly reliant on debt.  The vast majority of people take out a mortgage when they purchase a home, the vast majority of people require a big loan in order to buy a vehicle, and the number of Americans who use credit cards to make purchases at retail stores has skyrocketed over the years.  It has gotten to the point where credit is the life blood of the U.S. economic system.  Unless your business is a convenience store or a fast food joint, being able to accept credit cards or arrange credit for your customers is absolutely crucial.  In fact, the economic boom that the United States has experienced over the last 30 years has been largely due to a rapidly expanding pool of credit.  Americans have gone deeper and deeper in debt with each passing year as they pursue the American Dream.  But now that so many lending institutions have substantially tightened their lending standards and now that so many Americans have such low credit scores, how is the U.S. economy going to function? (Read More...)

Shocking Red Flags! 25 Signs That Wickedness And Evil Are Rapidly Growing In America

Americans have typically viewed themselves as some of the most “good” and “moral” people on the face of the earth.  But is this actually still true today?  Or have things fundamentally changed?  The truth is that so many of us are so busy trying to make money and chasing after the American Dream that we don’t even realize what is happening to our society.  The reality is that the United States is facing a moral crisis of unprecedented magnitude.  Wickedness and evil are rapidly growing in America, and as much as people don’t want to hear it, no “political solution” is going to work unless the United States finds a way to stop this horrific moral decline as well.  A lot of people out there think that they have “an economic formula” or a “political philosophy” that will “fix” America, but every single one of them is wrong.  Nothing will “fix” America unless the moral and spiritual problems are addressed as well.  Unfortunately, each year things just seem to get even worse.  The following are 25 signs that wickedness and evil are out of control in America…. (Read More...)

Mind Control? Scientists Have Discovered How To Use Nanoparticles To Remotely Control Behavior!

Are we moving into a time when the extraordinary advances that have been made in the fields of nanotechnology, neurology, psychology, computer science, telecommunications and artificial intelligence will be used by governmental authorities to control the population?  Already, governments around the world are using the threat of “terror” as an excuse to watch us, track us, scan all of our electronic communications and force us to endure “security measures” that are so extreme that even George Orwell could have never dreamed them up.   So what is going to happen one day when some crazed individual actually does set off a weapon of mass destruction in a major city?  The temptation to use these emerging technologies to control the public will become almost irresistible.  At this point “mind control” is still a dirty word to many, but after the next couple of “9/11 style events” the general population will be crying out for something to be done to ensure their security.  When society experiences a complete and total meltdown in the years ahead, governments around the world will be tempted to do just about anything, including using mind control, to restore order.  That is why some of the most recent advances in the field on nanotechnology are so chilling. (Read More...)

Millions Of U.S. Taxpayer Dollars Going Right Into The Pockets Of Corrupt Government Officials In Afghanistan

Whatever you think of the war in Afghanistan, there is no denying that the recent reports of rampant financial corruption going on even at the highest levels of Afghanistan’s government are extremely troubling.  The United States has spent billions upon billions of dollars to help Afghanistan set up a “democracy”, but now there is news that corrupt government officials have been shipping billions and billions of dollars out of the country and have been buying luxury villas in Dubai.  Apparently many Afghan officials have decided to achieve “the American Dream” the same way that many U.S. politicians have achieved it – by lying, cheating and stealing.  The Wall Street Journal recently reported that over three billion dollars in cash has been flown out of Kabul International Airport in recent years.  Considering the fact that this is far more than the Afghan government collects in tax and customs revenue annually, it is obvious that there is a huge, huge, huge problem with corruption in Afghanistan.  Much of the cash being shipped out of the country is from the drug trade, but the narcotics money does not account for all of it.  Investigators allege that a significant portion of this money that is being shipped out of the country is actually aid money that comes directly from U.S. taxpayers. (Read More...)

Illinois Bankrupt?

Is the state of Illinois bankrupt?  Well, if Illinois is not totally broke already it is certainly well on its way.  The state government has now quit paying even the most essential bills.  It spends three dollars for every two dollars that it takes in.  The state of Illinois now ranks eighth in the world in possible bond-holder default.  That is actually one spot ahead of the state of California.  As much of a mess as California is (as we have previously detailed at length), Illinois is in even worse shape.  Every major rating agency has downgraded Illinois debt, and Illinois now pays millions of dollars more to insure its debt than any other state in the nation.  So yes, the state of Illinois is a complete and total basket case.  For a long time, many analysts had expected California to be the first state to go “belly up” financially, but now Illinois seems to be the favorite.  Not that Illinois is alone.  Thousands of state, city and local governments across the United States are facing massive debt problems.  All of the borrowing that was done to push communities towards achieving the American Dream is now coming back to haunt localities with a vengeance.  Debt is a very seductive and yet very cruel master, and the government of Illinois is rapidly finding out just how painful it can be to drown in a sea of debt.  (Read More...)