1 Through 30 – The Coming U.S. Financial Crisis By The Numbers

The United States is drowning in a sea of red ink from coast to coast and most Americans have absolutely no idea what is about to happen.  Hopefully you have started to prepare for the coming U.S. financial crisis.  If not, hopefully this article will be a wake up call for you.  Right now, governments all over Europe are on the verge of financial implosion.  Most Americans aren’t paying much attention to that, but they should be, because what is happening to Greece and Italy right now will eventually be happening here.  Just recently, the U.S. national debt passed the 15 trillion dollar mark.  State and local government debt is also at record levels.  Tens of millions of American families are in debt up to their eyeballs, and millions more Americans fell into poverty last year.  Meanwhile, the “too big to fail” banks just keep getting larger and the Federal Reserve continues to inflate the debt bubble.  At some point this debt bubble is going to burst, and when it does it is going to unleash financial hell all over America. (Read More...)

The Big Wall Street Banks Are Already Trying To Buy The 2012 Election

We are never going to restore legitimacy to our political system until we get the money out of politics.  Typically, in federal elections the candidate that raises the most money wins about 90 percent of the time.  In 2008, Barack Obama raised almost twice as much money as John McCain did.  3 of the top 7 donors to Obama’s campaign were big Wall Street banks (Goldman Sachs, JPMorgan Chase and Citigroup).  Now Wall Street is doing it again.  The big Wall Street banks are already trying to buy the 2012 election.  So who do they want to win in 2012?  Based on contribution patterns so far, the overwhelming favorite of the Wall Street banks to win in 2012 is Mitt Romney.  The big Wall Street banks have given to Romney as pile of money that is more than 4 times larger than they have given to anyone else.  Even though most Republicans really don’t want him, if history is any indication this means that Mitt Romney is going to be the Republican nominee for president in 2012.  So why aren’t more people talking about this? (Read More...)

Solid Evidence That Occupy Wall Street Is A Communist Movement Run By Socialists Who Wish To Bring Down The Free Enterprise System

Is Occupy Wall Street a communist movement?  Is it being run by socialists who wish to bring down the free enterprise system?  As you will see in this article, the answer to both questions is yes.  Of course many of the people participating in these protests want nothing to do with either socialism or communism.  Many of the protesters are simply angry at the big banks or they just want something to be done about the economy.  But the truth is that when you take a close look at the “organizers”, the literature and the stated goals of this movement, you see socialism and communism everywhere.  As our economic system crumbles, an increasing number of Americans are coming out of the woodwork and are proudly declaring that they are socialists or communists.  An increasing number of Americans truly believe that the free enterprise system needs to be brought down and that the answer to our problems is to fully embrace socialism and/or communism.  Sadly, this puts Occupy Wall Street in direct opposition to what our founding fathers intended. (Read More...)

The Looting Of America: The Federal Reserve Made $16 Trillion In Secret Loans To Their Bankster Friends And The Media Is Ignoring The Eye-Popping Corruption That Has Been Uncovered

A one-time limited GAO audit of the Federal Reserve that was mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act has uncovered some eye-popping corruption at the Fed and the mainstream media is barely even covering it.  It turns out that the Federal Reserve made $16.1 trillion in secret loans to their bankster friends during the financial crisis.  You can read a copy of the GAO investigation for yourself right here.  These loans only went to the “too big to fail” banks and to foreign financial institutions.  Not a penny of these loans went to small banks or to ordinary Americans.  Not only did the banksters get trillions in nearly interest-free loans, but the Fed actually paid them over 600 million dollars to help run the emergency lending program.  The GAO investigation revealed some absolutely stunning conflicts of interest, and yet the mainstream media does not even seem interested.  Solid evidence of the looting of America has been put right in front of us, and yet hardly anyone wants to talk about it. (Read More...)

As The Dollar And The Euro Continue To Collapse, How High Is That Going To Push The Price Of Gold?

Right now, the global financial system is facing a crisis that is really unprecedented.  The reserve currency of the world (the U.S. dollar) is collapsing and the second most powerful currency on the planet (the euro) is also collapsing.  As the major paper currencies of the globe crumble, the hunger that investors around the world have for gold continues to grow.  Today, the price of gold hit an all-time record of $1607.90 an ounce.  But that record surely will not live for long.  The truth is that gold has been steadily climbing for quite some time now.  A year ago, the price of gold was hovering around $1200 an ounce and and many “mainstream economists” scoffed at the idea that the price of gold could go significantly higher.  Well, nobody is laughing now.  As colossal debt loads continue to crush both Europe and the United States, the euro and the dollar are going to continue to collapse.  There are going to be more bailouts and central banks are going to be doing more money printing.  So how high is all of this going to push the price of gold? (Read More...)

Our Politicians Are Selling Off Pieces Of America To Foreign Investors – And Goldman Sachs Is Helping Them Do It

All over the United States, politicians are selling off key pieces of infrastructure to foreign investors and big Wall Street banks like Goldman Sachs are helping them do it.  State and local governments across the country that are drowning in debt and that are desperate for cash are increasingly turning to the “privatization” of public assets as the solution to their problems.  Pieces of infrastructure that taxpayers have already paid for such as highways, water treatment plants, libraries, parking meters, airports and power plants are being auctioned off to the highest bidder.  Most of the time what happens is that the state or local government receives a huge lump sum of cash up front for a long-term lease (usually 75 years or longer) and the foreign investors come in and soak as much revenue out of the piece of infrastructure that they possibly can.  The losers in these deals are almost always the taxpayers.  Pieces of America are literally being auctioned off just to help state and local governments minimize their debt problems for a year or two, but the consequences of these deals will be felt for decades. (Read More...)

10 Signs That Wall Street Is About To Go Into Panic Mode

Can you smell the fear?  Right now world financial markets are visibly nervous and many are worried that Wall Street is about to go into panic mode.  It really is eerie how 2011 is shaping up to be so similar to 2008.  Major Wall Street banks are laying off workers in droves, oil prices are at very high levels, pessimism is permeating the financial markets, debt ratings are being downgraded all over the place and consumer confidence is stunningly low.  Sadly, none of the fundamental things that were wrong with the financial markets back in 2008 have been fixed.  In fact, many believe that Wall Street is even more vulnerable now.  A ton of bad economic numbers have come pouring in lately and that has put investors in a really sour mood.  All it would probably take is for one really significant “trigger event” to take place for Wall Street to go into full-fledged panic mode. (Read More...)

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