10 Shocking Quotes About What QE3 Is Going To Do To America

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...)

Thanks Obama – The Terrorists You Used To Topple Regimes In Egypt And Libya Are Now Attacking Our Embassies

Many of us tried to warn Barack Obama that using militants from al-Qaeda and other terrorist organizations to overthrow governments in the Middle East would not end well.  The Obama administration has been so determined to get rid of some of these dictators in the Middle East that they have not even really stopped to think about who would be replacing them.  Our leaders assured us that those opposed to Mubarak and Gaddafi were “freedom fighters” that just wanted “liberty” and “democracy” in those countries.  Well, of course it turns out that the folks that took control of both Egypt and Libya bear no resemblance to George Washington whatsoever.  They have simply replaced one form of tyranny with an even worse form of tyranny.  Sadly, the last couple of days have been a huge wake up call for all of us.  Radical Islamic militants stormed the U.S. embassy in Cairo, Egypt and replaced the American flag with the al-Qaeda flag.  In Benghazi, Libya the U.S. consulate was attacked by a crowd equipped with guns, homemade bombs and rocket-propelled grenades.  They torched the consulate, looted it, and killed the U.S. ambassador and three other U.S. officials.  Apparently they are not as grateful for our help in “liberating” their homelands as the Obama administration thought they would be.  Unfortunately, our politicians fundamentally misunderstand what is going on in the Middle East, and this is going to continue to lead to more policy errors. (Read More...)

19 Examples Of How Control Freaks Are Killing America With Their Completely Ridiculous Regulations

The control freaks are winning, and they are absolutely killing America.  Our founding fathers intended to establish a nation where Americans would be free to pursue “life, liberty and the pursuit of happiness” in an environment where freedom was maximized and government interference was minimized.  Unfortunately, our nation has turned away from those principles and is now running 180 degrees in the other direction.  For some reason, our political system tends to attract psychotic control freaks that want to micromanage our lives and make most of our decisions for us.  These control freaks are actually convinced that freedom and liberty are “dangerous” and that there should be a rule or a regulation for just about everything.  This is not just happening on the federal level either.  The truth is that the control freaks are often the worst on the local level.  When you add up the red tape on all levels of government, we literally have millions of laws, rules and regulations in America today.  All of this red tape is suffocating our businesses, destroying our liberties and our freedoms, and slowly sucking the life out of all of us.  If we ever want to have any hope of restoring America to what it once was, then we have to start doing something about this horrific mountain of red tape. (Read More...)

The Beatings Will Continue Until Morale Improves: 10 Ways That Obama Is Killing Jobs In America

Have you ever heard the old saying “the beatings will continue until morale improves”?  According to Wikipedia, that phrase is often “used sarcastically to indicate the counterproductive nature of such punishment or excessive control over subordinates such as staff in the workplace or children living at home.”  Well, apparently Barack Obama believes that the more punishment that he inflicts on the U.S. economy the more we will like him.  What other explanation is there for his insane economic policies?  The truth is that Barack Obama is killing jobs in America.  His regulations are absolutely crippling our businesses, he has been heavily promoting new job killing “free trade” agreements, Obamacare has the potential to be the most job killing law of all time, and he is running up debt that will crush job creation in this country for ages to come. Obama will likely go down as the most anti-business president in U.S. history.  He has presided over the worst “recovery” from a recession in post-World War II history, and under his leadership a whole host of economic statistics have steadily gotten worse.  The percentage of working age Americans that have jobs has not bounced back since the end of the last recession, and now the next major economic crisis is rapidly approaching. (Read More...)

They Are Turning Our Crops, Animals And Even Our Babies Into Freakish Genetic Monsters – What Could Go Wrong?

The greatest environmental threat that we are facing is genetic modification.  All over the globe, scientists are treating the fabric of life as if it was a playground where anything goes.  Behind closed doors, scientists all over the planet are creating some of the most freakish and most bizarre monsters that you could possible imagine, and very few people seem concerned about it.  But the truth is that messing with the building blocks of life is going to have some very serious consequences.  Scientists claim that they are making our crops stronger, more productive and less vulnerable to insects.  Scientists claim that they can alter our animals so that they are more “useful” to us.  Scientists claim that genetic modification is only going to “enhance” humanity.  But what if something goes seriously wrong?  For example, what if we learn that eating genetically modified food is really, really bad for us?  Well, at this point more than 70 percent of the processed foods sold in the United States contain at least one ingredient that has been genetically modified.  It would be kind of hard to go back now.  We have rushed ahead and have created hordes of freakish genetic monsters without ever seriously considering the consequences.  Someday, future generations may look back on us and wonder how we could have ever been so incredibly foolish. (Read More...)

Verbally Abusive Middle School Kids Make A 68 Year Old Bus Monitor Cry

A video of a bunch of verbally abusive middle school bullies making a 68 year old bus monitor cry has gone viral all over the Internet.  This video is a perfect example of the social decay that is destroying this nation.  We are raising a generation of young people that do not have respect for anyone or anything.  In the video, 68 year old Karen Klein is repeatedly called poor, fat, ugly and a whole bunch of other things that I cannot repeat in this space.  The bullies refer to “her sweat” and “her flab” over and over throughout the ten minute video.  They call her a troll and an elephant and make numerous sexual comments about her.  This video is beyond horrifying, but the truth is that this is the kind of thing that happens in classrooms and in school buses all over America every single day.  If you have not seen it yet, you have got to see this incredibly disturbing video…. (Read More...)

The Elite Are Attempting To Convince Us That Killing Off Our Sick Grandparents Is Cool And Trendy

What should be done with elderly Americans when they become very seriously ill?  Should we try to save their lives or should we just let them die?  Unfortunately, there is a growing consensus among the “intellectual elite” that most elderly people are not going to have a high enough “quality of life” to justify the expense of costly life saving procedures.  This philosophy is now being promoted very heavily through mainstream news outlets, in our television shows and in big Hollywood movies.  The elite are attempting to convince us that killing off our sick grandparents is cool and trendy.  We are being told that “pulling the plug” on grandma and grandpa is compassionate (because it will end their suffering), that it is good for the environment and that it is even good for the economy.  We are being told that denying life saving treatments to old people will dramatically reduce health care costs and make the system better for all of us. We are being told that it is not “efficient” for health insurance companies to shell out $100,000 for an operation that may extend the life of an elderly person by 6 months.  But the truth is that all of this is part of a larger agenda that the elite are attempting to advance.  As I have written about previously, the elite love death, and they truly believe that reducing the population is good for society and good for the planet.  Sadly, population control propaganda has reached a fever pitch in recent months. (Read More...)

20 Signs That Society Is Breaking Down And That America Has Been Overrun By Psychos

In order for a society to function successfully, people need to be able to trust one another.  Unfortunately, we are rapidly getting to the point where it is very difficult to trust anyone and society is breaking down.  Just think about it.  Do you trust most politicians?  Do you trust most lawyers?  Do you trust most bankers?  Do you trust the police?  As you will read about below, even doctors are going absolutely bonkers these days.  So if the “upper crust” of society cannot even be trusted, then what about everyone else?  Sadly, the truth is that America has been overrun by psychos.  Most people look somewhat “normal” when you meet them, but unfortunately very few people have pure motives these days.  You never know when someone is going to stab you in the back (literally or figuratively).  These days, most people simply do whatever is right in their own eyes, and that makes society a very unpredictable place.  As the economy continues to fall apart in future years, people are going to become even more desperate, and that is going to cause all of this craziness to get even worse. (Read More...)