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Fire John Boehner – America Watched Boehner Fold Like A 20 Dollar Suit So Boehner Must Go In 2012

Have you ever noticed that whenever it comes time to stand on principle top Republican lawmakers always fold like a 20 dollar suit?  This time it was John Boehner.  It went down like this – the Democrats knew that if they played hardball and set up a government shutdown for the weekend of the Cherry Blossom Festival that Boehner would cave.  Boehner took negotiations up to the last minute to make it “look good” for the Tea Party, but the truth is that Boehner wanted nothing to do with a government shutdown and the Democrats knew that.  The Democrats drew their lines in the sand on issue after issue and Boehner caved and caved and caved.  So now it is time to fire John Boehner along with Barack Obama in 2012.  Boehner must go.  If the Tea Party is serious about cutting government spending then they must hold John Boehner accountable and go after his seat during the next primary season.  The truth is that the “budget deal” is a complete and total joke.  A one percent cut to the U.S. government budget is laughable.  Is that why dozens of Tea Party activists were sent to Washington D.C.?  If this is the “best” that can be done, the truth is that there is no hope of ever getting U.S. government debt under control. (Read More...)

Wild And Crazy 2011: 10 History-Shattering Events That Have Shaken The Financial World To The Core

2011 has already had more history-shattering events than almost any other year since World War 2.  Revolutions have swept the Middle East and much of Africa, a new war has erupted in Libya, Japan has experienced an unprecedented tsunami and a horrific nuclear crisis, the price of oil is skyrocketing, multiple nations in Europe are experiencing a financial meltdown and budget issues have pushed the U.S. government to the verge of a shutdown.  In past years, it always seemed like there was time to “catch our breath” between each major crisis, but now huge events are striking in rapid-fire succession.  We live at a time when wars, rumors of wars, natural disasters, bizarre occurrences and major financial problems are becoming so common that they hardly shock us anymore.  2011 truly has been one wild and crazy year, and the world is literally being transformed right in front of our eyes. (Read More...)

Government Shutdown 2011? – 16 Things You Need To Know

Is it actually going to happen?  Are we actually going to see “Government Shutdown 2011”?  Will the streets of Washington D.C. soon be eerily quiet as hundreds of thousands of federal workers are temporarily sent home?  Right now Barack Obama, Harry Reid and John Boehner all say that they want to reach a deal and avoid a government shutdown, but the deadline is coming up fast.  The current spending bill that the government is operating under expires at the end of Friday.  If the Republicans and the Democrats do not come to an agreement before then, the U.S. government will “shut down” at 12:01 AM Saturday morning.  The Republicans have proposed a plan to extend government funding for one more week so that negotiations may continue, but the Democrats have rejected it.  Obama has summoned Reid and Boehner to the White House tonight in an attempt to hash out a deal, but most observers are not particularly optimistic.  Sadly, government debt is going to expand at a mind blowing pace this year no matter who wins this battle. (Read More...)

21 Signs Of Impending Doom For The 2011 Economy

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...)

47 Statistics That Indicate That Economic Stress Points In 2011 Could Be Setting The Stage For A Global Economic Meltdown In 2012

Is the world approaching a devastating global economic meltdown?  Right now there are a large number of factors that are creating economic stress points all over the globe.  All of the crazy money printing that the Federal Reserve and other central banks have been doing is putting inflationary pressure on agricultural commodities, oil and precious metals.  Massive floods, horrific droughts and extreme weather patterns all over the globe are ruining crops and creating food shortages.  Some nations are now actually hoarding food, and in other nations rising prices have sparked food riots.  The price of oil has been moving back towards $100 a barrel, and if it stays at a high level for an extended period of time that is going to have very serious consequences for the global economy.  In addition, the growing sovereign debt crisis could erupt again at any time.  Half a dozen nations in Europe are on the verge of insolvency, Japan’s national debt is now well over 200 percent of GDP, and the global financial system is growing increasingly concerned about the exploding national debt of the United States.  The truth is that the entire world financial system is a house of cards balanced on a razor’s edge and it could come down at any time. (Read More...)

20 Facts That Will Make You Really Mad If You Stop And Think About Them For A While

The more you read the news today the more likely you are to get really mad.  The world is becoming an incredibly crazy place, and at times the amount of bad news that is coming out can seem almost overwhelming.  Everywhere you look, the poor are being oppressed, our politicians are making stupid decisions and evil is on the march.  The America that so many of us grew up deeply loving is literally being ripped to shreds in a thousand different ways.  Unfortunately, those in power have not had any real answers for us in decades.  The Democrats don’t have any real answers, the Republicans don’t have any real answers and the Federal Reserve sure as heck does not have any real answers.  In fact, it seems like almost everything that our leaders actually do “accomplish” only makes things worse.  The vast majority of Americans are quite busy being entertained by “bread and circuses”, but meanwhile our country is literally falling apart. (Read More...)

What Kind Of Mood Are The American People In As We Enter 2011?

Around the end of the year a ton of polls and surveys get taken.  Media organizations love to get a “snapshot” of how the American people are feeling as the new year begins.  So what kind of mood are the American people in as we enter 2011?  Well, if the polls are to be believed, they are less optimistic, they are a bit scared, they are very frustrated and they are becoming increasingly angry.  A solid majority of Americans believe that the country is moving in the wrong direction and they desperately want someone to fix the economy.  What Americans seem to want most of all are good jobs.  At the end of the day, Americans want to be able to pay the mortgage and put food on the table.  If they can’t do that, then what is going on with other “important issues” really isn’t going to seem very important to most of them. (Read More...)

Will 2011 Be A Nightmarish Year For The U.S. Housing Market?

As we come to the end of 2010, there seems to be very few reasons to be optimistic about the U.S. housing market as we enter 2011.  Home prices have fallen for several months in a row, mortgage rates are going up, mortgage delinquencies are increasing again, the mortgage industry is mired in horrific legal problems and the underlying economy is still extremely sluggish.  During 2009 and throughout the first half of 2010 the U.S. housing market experienced a time of stabilization and it looked like the housing industry might recover, but when the tax breaks expired things started to get bad once again.  Now many analysts are publicly using the term “double-dip” when speaking about prospects for the U.S. housing market in 2011. (Read More...)