If you are not aware of how rapidly the global economic situation is unraveling you need to snap out of it and start paying attention. The world economy was relatively stable in 2010, but here in 2011 things are deteriorating very quickly. Right now there is major civil unrest in at least a dozen different nations in Africa and the Middle East. The civil war going on in Libya has sent the price of oil skyrocketing and the protests that are scheduled to begin in Saudi Arabia later this month could send oil prices even higher. Meanwhile, the sovereign debt crisis in Europe just seems to get worse by the day. Several nations in Europe are suddenly finding that it has become extremely expensive to finance more debt. It appears that it will only be a matter of time before more bailouts are needed. Meanwhile, the United States is also covered in a sea of red ink and the economic situation in the largest economy on earth continues to deteriorate rapidly. It is as if the entire world financial system has caught a virus that it just can’t shake, and now it looks like another massive wave of financial disaster could be about to strike. Does the global economy have enough strength to weather a major oil crisis in 2011? How much debt can the largest nations in North America and Europe take on before the entire system collapses under the weight? Will 2011 be a repeat of 2008 or are we going to be able to get through the rest of the year okay? Only time will tell. (Read More...)
25 Bizarre Examples That Show That The U.S. Government Is Absolutely Brimming With Idiots, Incompetents And Incredibly Corrupt Politicians
If our founding fathers could see us today, what would they think? Unfortunately, they would probably come to the exact same conclusion that so many of us have come to – the U.S. government is absolutely brimming with idiots, incompetents and incredibly corrupt politicians. Today it is very rare to come across a politician that still has any integrity left. Washington D.C. has become such a cesspool that it seems to corrupt even most of the politicians that originally go there with good intentions. We have created the most complicated government in the history of the world and we have hundreds of thousands of pages of laws, and yet nothing seems to work right. Our economy is dying, our relationships with the rest of the world are a mess and we have accumulated the largest debt in the history of mankind. Meanwhile, our politicians openly hand out our money to their friends and to those that have donated money to their campaigns and they waste our money on some of the stupidest things imaginable. Have we now gotten to the point where our system of government has become so corrupted that it is almost impossible to repair it? (Read More...)
Don’t Worry, Be Happy: Unemployment Is Down, The Stock Market Is Up And The Economy Is Going To Be Just Fine
Haven’t you heard? The coming economic collapse has officially been canceled. The U.S. economy is in full recovery mode. It has just been announced that the U.S. unemployment rate fell to 8.9% in February. That was the third monthly decline in a row. 192,000 new jobs were created in the U.S. during February. That was the fifth month in a row in which the U.S. economy has gained jobs. Corporate profits are way up. For the most recent month that numbers are available, sales of GM vehicles were up 49%, sales of Chrysler vehicles were up 13%, and sales of Ford vehicles were up 10%. Can’t you see? The great American economic machine has roared back to life. The stock market is way up this year. The recession is over. Our financial system is more stable than ever. Pretty soon all Americans that want jobs are going to be able to get jobs and all of our government debts are going to be paid off. The greatest days for the U.S. economy are just around the corner. So don’t worry, be happy. (Read More...)
Yes, You Can Survive The Coming Economic Nightmare – One Family In California Grows 6,000 Pounds Of Produce On Just 1/10th Of An Acre
If you work hard and get prepared, you can survive the economic nightmare that is coming. All over the United States and around the world there are millions of people that are learning how to become more self-sufficient. For example, there is one family that is actually producing 6000 pounds of produce on just 1/10th of an acre right in the middle of Pasadena, California. In fact, they grow so much food that they are able to sell much of it to restaurants in the area. Video of this incredible “urban homestead” is posted below. The key is to start with what you have. The family in the video below would like to have a large acreage, but for now they have turned what they do have into an absolute miracle. Yes, a horrific economic nightmare is coming to this country, but you don’t have to be afraid. One of the main reasons why so many of us are trying to warn people about what is coming is so that they will wake up and take massive action to become self-sufficient like the people in the video below have. (Read More...)
Divide And Conquer: The Union Protests In Wisconsin And Ohio Are Increasing The Hate Between The Left And The Right
What is the perfect way to get the eyes of the American people off of the real economic problems that this country is facing? Get them fighting with each other of course. And what is one issue that is sure to get the left and the right screaming at each other like cats and dogs? Unions. The battle over collective bargaining rights in Wisconsin has been making headlines around the world for weeks and there are no signs that it is going to end any time soon. In fact, Mordecai Lee, a political scientist at the University of Wisconsin-Milwaukee, says that it is “a battle to the death“. The Democrats that have gone AWOL appear to be absolutely determined to stay away. The protesters seem equally determined to keep on fighting. Wisconsin Governor Scott Walker does not look like he plans to back down either. Meanwhile, both sides are calling each other the most horrible names. “Hitler”, “Stalin”, “Nazi” and “fascist” are just a few of the terms that are being thrown around by both sides. What has been going on in Wisconsin has captured the imagination of the entire nation and it is creating even more hate between the left and the right in this country. Unfortunately, as the economic pie in this nation continues to shrink, economic battles such as the one in Wisconsin are going to become quite common. (Read More...)
14 Potential Justifications For An Invasion Of Libya By The U.S. Military That Are Currently Being Floated In The Mainstream Media
Over the past couple of days, top government officials from both the United States and the EU have been openly discussing the possibility of military intervention in Libya. In fact, it has seemed like there has been a full court press in the mainstream media to sway public opinion toward supporting a potential invasion. We are being told that we simply cannot stand by as Libyan civilians die. We are being told that this would be a “humanitarian” mission. We are being told that this would not be like Iraq or Afghanistan. Even now, the U.S. military is moving the USS Enterprise and other warships closer to Libya in case they are “needed”. Other nations are also sending warships into the Mediterranean and are preparing for military action. It really does appear that authorities in the United States and Europe really are serious about potentially going into Libya. But is there really any way that the United States can really justify getting involved in another war in the Middle East? Will the American people ever be convinced that an invasion of Libya by the U.S. military is a good idea? (Read More...)
A National ID Card For American Citizens? Get Ready – The Real ID Act Goes Into Effect On May 11
For a moment, imagine a future where you are not able to drive a car, get on a plane, get on a train, vote, enter a federal building, open a bank account or get a job without a national ID card. You don’t think that could ever happen in America? Well, you might want to brush up on the Real ID Act because it is going to go into effect on May 11, 2011 unless something is done to stop it. When I first learned this, I was absolutely stunned. After all, wasn’t the Real ID Act supposed to be “dead”? A few years ago state legislatures across the nation were in an uproar over this law. The Department of Homeland Security was forced to delay implementation of it several times. But now it is back. You see, this is what the federal government often does. They will try to push something very unpopular through, and if they meet resistance they will “play dead” until the uproar has died down and then they will come right back and implement it anyway. This is what is happening with the Real ID Act. (Read More...)
Will The Death Of The Dollar Lead To The Birth Of A New World Economic Order?
There is no getting around it. The U.S. dollar is dying. U.S. government debt continues to grow at a very frightening pace and the Federal Reserve is now buying up most of the new debt that is being issued. At this point there is simply not enough money in the rest of the world to continue to feed the U.S. government’s endless thirst for more debt so the Federal Reserve has had to directly intervene in order to keep the Ponzi scheme going. Other nations are rapidly losing faith in the U.S. dollar as they realize that there is simply no way that the U.S. government will be able to service this soaring debt for much longer. Even now we are watching the U.S. dollar rapidly fall against a vast array of hard assets. Virtually all major agricultural commodities have exploded in price over the past year, the price of gold is over $1400 an ounce again and last week U.S. crude oil prices topped $100 a barrel for the first time since 2008. Meanwhile, the Federal Reserve continues to print dollars as if there is no tomorrow and the U.S. government continues to spend dollars as if the party is never going to end. Yes, we are most definitely witnessing the death of the dollar. (Read More...)