Debt Slavery: 30 Facts About Debt In America That Will Blow Your Mind

When most people think about America’s debt problem, they think of the debt of the federal government.  But that is only part of the story.  The sad truth is that debt slavery has become a way of life for tens of millions of American families.  Over the past several decades, most Americans have willingly allowed themselves to become enslaved to debt.  These days, most of us are busy either going into even more debt or paying off the debt that we have accumulated in the past.  When your finances are dominated by debt, it makes it really hard to ever get ahead.  Incredibly, 43 percent of all American families spend more than they earn each year.  Even while median household income continues to decline (now less than $50,000 a year), median household debt continues to go up.  According to the Federal Reserve, median household debt in America has risen to $75,600.  Many Americans spend decades caught in the trap of debt slavery.  Large numbers of them never even escape at all and die in debt.  It can be a lot of fun to spend lots of money and go into lots of debt, but it can be absolutely soul crushing to toil and labor for years paying off those debts while making others wealthy in the process.  Hopefully this article will inspire many people to try to escape the chains of debt slavery once and for all. (Read More...)

12 Very Disturbing Examples Of Radical Social Engineering By The U.S. Government

The control freaks that run the U.S. government are busy imposing their values on all the rest of us, and most Americans have absolutely no idea what is happening.  The Obama administration and members of Congress are engaged in radical social engineering, and they are trying to reshape America so that it conforms to their own twisted vision of “morality”.  Instead of focusing on fixing the economy and administering the government, these sick control freaks actually want to fundamentally alter what Americans believe to be right and wrong.  There is no denying that the U.S. government has a “morality agenda”, it is just not the kind of “morality agenda” that we are all used to thinking of.  Sadly, our leaders are spending huge amounts of money and going into lots more debt in an attempt to impose a certain code of morality on the American people and the rest of the world.  At a time when this nation is drowning in debt, it seems quite foolish to be spending so much money on radical social engineering programs.  But that is exactly what is happening. (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...)

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