Power Companies HATE This Man...
Power companies are scared that people will learn how to slash their bill and beat Obama's electricity monopoly using this 47-year-old patriot's "weird" trick. See how before they shut it down.
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Do you actually believe that the central banks of the world are going to sit back and do nothing while their monopoly over money creation is being threatened? Do you actually believe that the governments of the world are going to allow a digital currency that they have no control over to become “the future of money”? If so, then you are incredibly naive. Wars have been started over much less. The global elite are very, very sensitive when it comes to the creation of money, and Bitcoin has definitely gotten their attention. Yes, there have always been alternative currencies created by local communities, but none of those has ever been a real threat to the central banks of the world. The truth is that Bitcoin is different. It has the potential to really be something, and I expect a serious move to be made against Bitcoin before it explodes in popularity. If Bitcoin was solely a domestic currency, the U.S. government would have already shut it down long ago. The fact that it is a decentralized international currency makes things trickier, but without a doubt right now officials are thinking of ways to restrict the use of Bitcoin or shut it down altogether. Bitcoin is already being portrayed as a currency that attracts criminals involved in such things as tax evasion, drug dealing, gambling, terrorism and money laundering. In fact, the Wall Street Journal recently reported that the Treasury Department has ruled that money laundering rules will be applied to Bitcoin. But this is just the beginning. (Read More.....)
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Is there anyone better at wasting money then the U.S. government? Despite the sequester and all of the talk about “deep cutbacks”, the federal government continues to waste money in some of the most outrageous ways imaginable. For example, does the U.S. government really have to spend hundreds of thousands of dollars to study the size and shape of the reproductive organs of ducks? Does the U.S. government really have to spend 1.5 million dollars to study why so many lesbians are overweight? There is so much waste that could still be cut out of the federal budget, and yet the very small sequester cuts that just happened are being described as “catastrophic” by many of our politicians. But you know what? The federal government will still spend more money in fiscal year 2013 than it did in fiscal year 2012 even after the sequester cuts are factored in. So if this is how much whining our politicians will do even though government spending is still going up, what would they do if we were actually forced to start living within our means at some point? That is something to think about. In any event, please show this article to anyone that believes that the U.S. government is actually “tightening the belt”. Sadly, the truth is that the federal government is still wasting our money in some of the most frivolous ways that you could possibly imagine. (Read More.....)
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Why does it seem like Barack Obama has been doing everything that he can to sabotage our border security and promote more illegal immigration? The number one responsibility of the president of the United States is to defend our nation, and yet Obama stubbornly refuses to secure our borders. In fact, he has been doing quite a bit to make it even easier for millions more drug runners, gang members and welfare parasites to enter our country illegally. This is utter insanity. Today, the U.S. government makes it exceedingly difficult for law-abiding people to enter this country legally through the “front door”, but meanwhile we leave the “back door” completely wide open. What sense does that make? And now Obama is using the sequester cuts as an excuse to totally gut our border security. 60,000 border agents are going to be forced to take mandatory furloughs and thousands of illegal immigrants are being released from federal detention facilities due to “budget constraints”. Yet Michelle Obama still has enough taxpayer money to have Adele and Beyonce come out and sing for her 50th birthday celebration, and the Obamas continue to take extravagant vacations that cost U.S. taxpayers millions of dollars. And most Americans don’t even realize that the U.S. government will still spend more money in 2013 than it did in 2012 even after the sequester cuts are factored in. So the government still has plenty of money to do everything that it needs to do. Obama is just using the sequester cuts as an excuse to gut the programs that he does not like, and that includes border security and immigration enforcement. (Read More.....)
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China is wiping the floor with the United States on the global economic stage, and most Americans are so clueless that they have absolutely no idea what is happening. The number one global economic superpower is in an advanced state of decline, and the number two global economic superpower is becoming stronger with each passing day. Unless something truly dramatic happens, it is only a matter of time before China overtakes America and become the dominant economic force on the planet. In fact, China is already exercising economic superiority over the United States in a whole host of ways. China produces more goods than we do, China does more total trade in goods with the rest of the world than we do, China produces more cars than we do, China produces more gold than we do, China consumes more energy than we do, China produces more coal than we do and China produces more steel than we do. Every single year, we buy far more from them than they buy from us, and this has made them exceedingly wealthy. Our politicians regularly make trips over to China to beg them to lend us back some of the money that they have taken from us. Today, we owe China more than a trillion dollars and the Chinese are sitting on the biggest pile of foreign currency reserves that the world has ever seen. All of this wealth has fundamentally transformed the nation of China over the past couple of decades. Just check out the startling photographs of China from space in this article that show how China dramatically changed between 1992 and 2010. As China continues to become stronger and as America continues to become weaker, will our children some day wake up in a world where the Chinese are telling them what to do? (Read More.....)
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Ready or not, QE3 is here, and the long-term effects of this reckless money printing by the Federal Reserve are going to be absolutely nightmarish. The Federal Reserve is hoping that buying $40 billion worth of mortgage-backed securities per month will spur more lending and more economic activity. But that didn’t happen with either QE1 or QE2. Both times the banks just sat on most of the extra money. As I pointed out the other day, U.S. banks are already sitting on $1.6 trillion in excess reserves. So will pumping them up with more cash suddenly make them decide to start lending? Of course not. In addition, QE3 is not likely to produce many additional jobs. As I showed in a previous article, the employment level did not jump up as a result of either QE1 or QE2. So why will this time be different? But what did happen under both QE1 and QE2 is that a lot of the money ended up pumping up the financial markets. So once again we should see stock prices go up (at least in the short-term) and commodities such as gold, silver, food and oil should also rise. But that also means that average American families will be paying more for the basic necessities that they buy on a regular basis. The most dangerous aspect of QE3, however, is what it is going to do to the U.S. dollar. Most of the rest of the world uses the U.S. dollar to conduct international trade, and by choosing to recklessly print money Ben Bernanke is severely damaging international confidence in our currency. If at some point the rest of the world rejects the dollar and no longer wants to use it as a reserve currency we are going to be facing a crisis unlike anything we have ever seen before. The real debate about QE3 should not be about whether or not it will help the economy a little bit in the short-term. Rather, everyone should be talking about the long-term implications and about how QE3 is going to accelerate the destruction of the dollar. (Read More.....)
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Once upon a time, most Americans had never even heard of “flash mob robberies” or “organized looting”. Now they are considered to be a part of normal life in America. On Saturday, more than 20 teens stormed into a trendy clothing store in Chicago and stole more than $3,000 worth of jeans, but it barely made a blip on the national news because this kind of thing has become so common. After all, we just saw the exact same kind of thing happen in Jacksonville, Detroit, Baltimore and a whole bunch of other places. Flash mob crimes have become so common in Chicago that they take public opinion polls about them. But when I first started writing about this phenomenon a couple of years ago, hardly anyone knew what “mob robberies” were. In fact, I had to explain what these “flash mobs” were doing to a couple of radio hosts because they had never heard of such a thing. But now everybody knows about the flash mobs. Another disturbing trend that we are seeing all over America is “organized looting”. Groups of desperate criminals are going into empty or abandoned buildings and stripping out copper wire, copper pipes and anything else that they can sell for money. At one time these kinds of thefts made the news, but now they have also become so common that they don’t get much notice anymore. (Read More.....)
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Once upon a time, the open highways of America were one of our greatest symbols of liberty and freedom. Anyone could hop in a car and set off for a new adventure at any time and even our music encouraged us to “get our kicks on route 66″. But today everything has changed. Now the highways of America are being steadily transformed into a high tech prison grid. All over the country, thousands upon thousands of surveillance cameras watch our highways and automated license plate readers are actually being used to track vehicle movements in some of our largest cities. Many state and local governments have come to view our highways as money machines and our control freak politicians have established a vast network of toll booths, red light cameras and speed traps to keep cash endlessly pouring in. If all of that wasn’t enough, TSA “VIPR teams” are now hitting the interstates and conducting thousands of “unannounced security screenings” each year. Driving on the highways of America used to be a great joy, but now “Big Brother” is rapidly sucking all of the fun out of it. Eventually, it may get to the point where Americans simply dread having to go out on the highway. (Read More.....)
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Just because you were once the most powerful nation on earth does not mean that you will always be the most powerful nation on earth. Every single year, hundreds of billions of dollars leaves the United States and goes to China. This enormous transfer of wealth has had a dramatic effect on both countries. In case you haven’t noticed, many of our formerly great manufacturing cities such as Detroit are rotting away while shining new factories and skyscrapers are going up all over China. If you go into any major retail store today and start turning over products, you will find that hundreds of them have been made in China and that very few of them have been made in America. As a nation, we buy far, far more from China than they buy from us. As a result, China is absolutely swimming in cash and they have been looking for things to do with all that money. One thing that China has done is loan the U.S. government over a trillion dollars and this has given the Chinese a tremendous amount of leverage over us. China has also started to buy up businesses, real estate and natural resources all over America. This kind of “economic colonization” is similar to what China has already been doing in Africa, South America and Australia. The formula is actually very simple. We send them our money and then they use it to buy us. With each passing day China’s ownership over America grows, and it is frightening to think about where all of this could end. (Read More.....)
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45 Signs That China Is Colonizing America
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