Many people have been stumped as they have attempted to find a coherent theme in Barack Obama’s economic policies. But the truth is that what the Obama administration is trying to do is not that difficult to figure out. Just like so many other previous administrations, the Obama administration is motivated by self-preservation. All of Barack Obama’s economic policies are designed to produce a short-term economic burst that will help him win the next election in 2012, and the Federal Reserve has been cooperating every step of the way. Perhaps the Federal Reserve is motivated by self-preservation as well. The American people are becoming extremely disenfranchised with the Federal Reserve, and so those inside the Fed likely realize that they better get the economy on track or face even more scrutiny. In any event, Obama and the Fed are working together to do whatever they can to improve the short-term economic situation. Unfortunately, everything that they are doing is making our long-term economic problems even worse. But Barack Obama and the Federal Reserve are not really concerned with what is going to happen down the road. What the Obama administration and the Federal Reserve are concerned about is protecting their rear ends in the here and now. (Read More...)
Now That The Super Bowl Is Over, Here Are 17 Facts Which Prove America Is A Debt Pig That Is Deeply Addicted To Debt-Fueled Prosperity
Wasn’t the Super Bowl wonderful this year? Congratulations to the Green Bay Packers! It is amazing how much money people will spend to attend this game each year. Just a few hours before kickoff, some tickets were selling for over $4000 a seat. Not that it wasn’t a great show. It turned out to be a really great game and it was held in perhaps the most extravagant sports facility ever constructed in the history of mankind. Even the halftime show, featuring the Black Eyed Peas, was a spectacle of historic proportions. This year the Super Bowl truly was quite a grand party. In America, everything always has to be bigger and better. We take pride in constantly outdoing ourselves. Other nations of the world look at our great prosperity in envy. But do we ever stop to ask ourselves where all of this great prosperity has come from and if we can continue to afford it all? (Read More...)
10 Shocking Videos Of The Protests In Egypt That Are Almost Too Graphic To Watch
Over the past week, the mainstream media has not really done a good job of communicating how intense the violence and bloodshed in Egypt has become. Trucks and cars have been plowing into groups of protesters at high speed, dozens of protesters have been shot and killed, and the violence only seems to get more crazy with each passing day. Seriously, if you cannot handle scenes of graphic violence and people dying, then you probably should not watch the videos posted below. These are 10 of the most shocking videos of the protests in Egypt, and they are incredibly graphic. This is a real revolution that is happening in Egypt and it is very bloody. (Read More...)
Smoking In The Park Banned, Ticketed For Cussing In Class And 14 Other Examples Of How Big Brother Is Systematically Ripping Our Liberties And Freedoms Away
When our founding fathers established this nation, they did so with the intention that government would be very limited and that there would be a tremendous amount of liberty and freedom. But today that is such a distant memory that we don’t even remember what “the land of the free and the home of the brave” actually means anymore. Our lives are constrained by literally millions of laws, rules and regulations and it gets worse every single day. The federal government, state governments, local governments and even homeowners associations have become absolutely tyrannical. There is a “law” or a “rule” for almost everything now, and many of them are absolutely ridiculous. Big Brother is ripping our liberties and freedoms away from us at a blistering pace. Just about any activity that you can think of other than sitting completely still in utter silence in your own home is tightly regulated by government. This is not what our founding fathers intended. (Read More...)
Uh Oh – The Internet Is About To Run Out Of IP Addresses!
Yes, you read the headline correctly. The Internet is about to run out of IP addresses. The Internet Assigned Numbers Authority has scheduled a press conference in Miami on Thursday to announce that they are distributing the last blocks of new Internet addresses. It is expected that all of those IP addresses will be fully distributed within 6 to 9 months and then there will be no more. The current IP address system, known as “IPv4”, can only support a little over 4 billion IP addresses and we have now almost reached that limit. The good news is that a replacement for the current system already exists, but the bad news is the the vast majority of Internet devices around the globe do not speak the “language” of the new system. This has the potential to create an Internet “headache” of mammoth proportions in the coming years. (Read More...)
40 Percent Of Egyptians Live On 2 Dollars A Day Or Less And The Global Elite Like It That Way
After thousands of years of “progress” and “societal evolution”, how is it possible that most of the world is still living in soul crushing poverty? In recent days, it has been reported all over the media that 40 percent of Egyptians live on 2 dollars a day or less. Sadly, there are lots of other countries where even larger percentages of the population live in abject poverty. So how in the world did this happen? We can send men into space, we can send electronic communications to the other side of the globe in an instant and we can destroy entire cities with a single bomb and yet we can’t figure out how to set up an economic system that will provide jobs, food and housing for everyone on the planet? That doesn’t seem right. That doesn’t seem right at all. (Read More...)
18 Ridiculous Statistics About Medical Bills, Medical Debt And The Health Care Industry That Will Make You So Mad You Will Want To Tear Your Hair Out
Do not read this article if you do not want to get angry. The health care industry in the United States has become one gigantic money making scam, and tens of millions of American families now live in great fear of illness and disease. Why are they so afraid? It is not because they fear the illnesses and diseases. Rather, the prospect of racking up tens of thousands (if not hundreds of thousands) of dollars in medical debt is enough to deeply frighten just about anyone. Today, virtually every single American is one really bad day from financial ruin. Did you know that medical bills are the number one reason for bankruptcy in the United States? Did you know that the vast majority of people that go bankrupt due to medical bills actually have health insurance? Meanwhile, there are a significant number of people that are becoming fabulously wealthy off of this system. Our “health care industry” has turned large numbers of doctors, lawyers, health insurance company executives and pharmaceutical company executives into multi-millionaires. The health care industry in the United States has been so corrupt and so greedy for so long that we don’t even remember what a legitimate medical system even looks like anymore. (Read More...)
10 Things That The Egypt Riots Can Teach Us About What Happens When Society Breaks Down
The rioting in Egypt is perhaps the biggest single news story so far in 2011. The pace at which Egyptian society has been transformed over the past week has been absolutely breathtaking. A few months ago, nobody would have ever dreamed that there would be huge riots in the streets of major Egyptian cities calling for the resignation of Hosni Mubarak. But it has happened, and now Egypt will never be the same again. So what does the future hold for Egypt? Well, many are hopeful that this revolution will bring about a better government in Egypt and a better way of life for average Egyptians. Personally, I am not nearly so optimistic. In fact, I believe that there is a great danger that an even more repressive government could take the place of the current regime. But in any event, there are important lessons that the Egypt riots can teach all of us about what happens when society breaks down. Societal collapse is often a very messy, very violent affair. Someday if the global economy completely implodes, we may see economic riots erupt all over the world (including inside the United States) and we all need to get prepared for that. (Read More...)