The economic crisis that is sweeping Europe is starting to hit Britain really hard. Over the last couple of years economists have been warning that we can’t let the “contagion” spread from troubled nations such as Greece and Portugal to the rest of Europe. Well, it is too late for that now. Spain and Italy are coming apart at the seams at this point, and even “stronger” nations such as the UK and France appear to be deeply troubled. According to numbers that were released just this week, the UK economy has now contracted for three quarters in a row. During the second quarter of 2012, the UK economy shrunk by 0.7 percent. That was a much larger contraction than the 0.2 percent contraction that economists were forecasting. At this point we have got a definite trend going. During the fourth quarter of 2011, the UK economy shrunk by 0.4 percent. During the first quarter of 2012, the UK economy shrunk by 0.3 percent. And now in this latest quarter the contraction of the UK economy appears to be accelerating. This economic downturn in the UK is being called “the longest double-dip recession for more than 50 years“. So will Britain soon look like Greece and Spain and Italy or will it be able to pull out of this nosedive in time? (Read More...)
The New York Times Admits That Virtually Every Major News Organization Allows The News To Be Censored By Government Officials
In one of the most shocking articles that the New York Times has ever put out, a New York Times reporter has openly admitted that virtually every major mainstream news organization allows government bureaucrats and campaign officials to censor their stories. For example, almost every major news organization in the country has agreed to submit virtually all quotes from anyone involved in the Obama campaign or the Romney campaign to gatekeepers for “quote approval” before they will be published. If the gatekeeper in the Obama campaign does not want a certain quote to get out, the American people will not see it, and the same thing applies to the Romney campaign. The goal is to keep the campaigns as “on message” as possible and to avoid gaffes at all cost. But this kind of thing is not just happening with political campaigns. According to the New York Times, “quote approval” has become “commonplace throughout Washington”. In other words, if you see a quote in the newspaper from someone in the federal government then it is safe to say that a gatekeeper has almost certainly reviewed that quote and has approved it. This is another sign that “the free and independent media” in this country is a joke. What we get from the mainstream media is a very highly filtered form of propaganda, and that is one reason why Americans are turning away from the mainstream media in droves. People want the truth, and more Americans than ever realize that they are not getting it from the mainstream media. (Read More...)
55 Percent Of Americans Believe That The Government Will Take Care Of Them If Disaster Strikes
If a major emergency happened in the United States, do you have faith that the government would take care of you? Amazingly, even after all of the examples to the contrary that we have seen in recent years, a solid majority of all Americans actually believe that the government will be there for them when things hit the fan. According to a new survey conducted by the Adelphi University Center for Health Innovation, 55 percent of Americans believe that the authorities will come to their rescue when disaster strikes. Sadly, most Americans still view the government as a “nanny state” that has both the capability and the willingness to take care of them from the cradle to the grave. Most Americans still have faith that the government will come through for them when they need it the most. But all we have to do is look back at what happened during the aftermath of Hurricane Katrina to realize what a crock of baloney that is. Hurricane Katrina was a disaster that was limited to a relatively small geographic area, and yet we all saw how the response of the federal government was a complete and utter failure. So what is going to happen someday if there is a nationwide disaster that stretches on for months or even years? Do you really believe that the federal government will be there for you? (Read More...)
12 Signs That The Next Recession In The United States Has Already Begun
Is the U.S. economy in a recession right now? Has the next recession in the United States already begun? Unfortunately, there are a lot of economic numbers that are pointing in that direction. U.S. retail sales have fallen for three months in a row, U.S. manufacturing activity is contracting and there are numerous indications that the labor market is getting weaker. Of course there are some economists that will argue that we never even left the last recession. For example, the percentage of working age Americans with jobs fell from above 63 percent in 2007 to under 59 percent during the last recession. Since the end of the last recession, that number has not gotten back above 59 percent. In fact, it has been below 59 percent for 34 months in a row. In addition, we have continued to see poverty and government dependence steadily rise during this “economic recovery”. Since Barack Obama became president, the number of Americans living in poverty has risen by 6 million and the number of Americans on food stamps has risen by 14 million. So it would be really hard to argue with anyone that wants to say that the last recession never really ended. However, the latest economic numbers indicate that things are about to get even worse for the U.S. economy, and that is not good news at all. (Read More...)
Why Are So Many Bad Things Happening To America?
Have you ever wondered why things have been going so badly for the United States in recent years? Our economy is falling apart, we have been plagued with heat, drought and endless natural disasters, our cities are absolutely crumbling, we just keep getting involved in even more wars and Americans are more anxious and more overweight than ever before. So why are so many bad things happening to America? Why do we lead the world in so many bad categories? Why does nothing seem to be going right? Are we under some kind of a curse? It is almost as if we have entered a “perfect storm” that just keeps getting worse. In the old days it would seem like something bad would happen to the United States every once in a while, but now massive problems seem to be hitting us in rapid fire fashion. At this point, many Americans have “crisis fatigue” because our problems never seem to end. Each new crisis just seems to overlap with all of the other problems that are still going on. So why is this happening, and what is our country going to look like if our problems continue to multiply at this rate? (Read More...)
The Federal Reserve Is Not Going To Save Us From The Great Depression That Is Coming
Federal Reserve Chairman Ben Bernanke delivered his annual address to Congress on Tuesday, and he did very little to give lawmakers much confidence about where the U.S. economy is heading. Bernanke told members of Congress that recent economic data points “suggest further weakness ahead” and that the Federal Reserve is projecting that the U.S. unemployment rate will remain at 7 percent or above all the way through the end of 2014. Now, it is important to keep in mind that Federal Reserve forecasts are almost always way too optimistic. The actual numbers almost always end up being much worse than what the Fed says they will be. So if Bernanke is saying that the U.S. unemployment rate will be 7 percent or higher until the end of 2014, then what will the real numbers end up looking like? During his testimony, Bernanke seemed unusually gloomy about the direction of the U.S. economy. He seemed resigned to the fact that there really isn’t that much more that the Federal Reserve can do to stimulate the U.S. economy. Yes, the Federal Reserve could try another round of quantitative easing, but the first two rounds did not really do that much to help. The truth is that the United States is absolutely drowning in debt, and when that debt bubble finally bursts the Federal Reserve is simply not going to be able to save us from the Great Depression that will happen as a result. (Read More...)
The Largest Natural Disaster In U.S. History: The Endless Drought Of 2012 Will Bake America Well Into August
Why is the heartland of the United States experiencing such a horrific drought right now? At the moment, approximately 61 percent of the entire nation is experiencing drought conditions, and this is absolutely devastating farmers and ranchers all over the country. Less than two weeks ago I wrote an article asking what would happen if these drought conditions persisted, and now we are finding out. The U.S. Department of Agriculture has created the largest natural disaster area in U.S. history. The USDA has declared 1,016 counties in 26 U.S. states to be disaster areas. The USDA declaration basically covered about half of the nation, and there is now no denying how horrible this drought really is. You can see a map of this disaster area right here. This endless drought is being compared to the nightmarish drought of 1988, and if it persists into August it could become perhaps the worst drought that America has ever seen. The USDA says that approximately 60 percent of all corn in the country is experiencing “moderate to extreme” drought conditions. If this drought does not end soon, the losses are going to be mind blowing. Already, it is estimated that farmers and ranchers have suffered billions of dollars in damage. How much worse can things get? (Read More...)
12 Factors That Are Turning The Streets Of America Into A Living Hell
The United States once had safe, beautiful cities that were the envy of the entire world, but now many of them are degenerating into rotting, festering, crime-ridden hellholes. All over the country there are communities where crime, drugs, gangs and human trafficking have gotten completely and totally out of control. Once upon a time you could walk down the streets of most U.S. cities at night without much fear, but these days there are many large American cities where it would be absolutely crazy to wander around the streets at night unless you want to be mugged, shot or sexually assaulted. If you end up at the wrong place at the wrong time you might end up being abducted by a human trafficker or have your face eaten off by a crazed drug addict high on bath salts. With each passing day our cities degenerate just a little bit more, and life in many of our worst communities truly has become a living hell. Sadly, this comes at a time when the United States has the highest incarceration rate in the world by far. We have tried to lock as many people away as possible and our communities are still turning into hellholes. So where do we go from here? (Read More...)