Since the end of World War 2, the United States has been the leading military power and the leading economic power on the entire globe. The U.S. has had the largest economy in the history of the world, the U.S. dollar has been used by nearly all of the nations on earth as a reserve currency and the U.S. military has had a physical presence in most of the countries on the planet. Today, the U.S. military is in approximately 130 different nations and it has a total of about 700 military bases around the world. But just like the Roman Empire, the U.S. empire has become overextended and it is starting to decline. Most of our politicians believe that we can continue to “police the world” and project our power to every corner of the globe, but the more we meddle the more the rest of the world hates us and the worse our financial problems get. America is now swamped with debts and our influence is fading. The truth is that what we are witnessing is the end of an empire and the beginning of a depression. (Read More...)
35 Statistics That Show The Average American Family Has Been Broke Down, Tore Down, Beat Down, Busted And Disgusted By This Economy
The economic statistics that you are about to read are incredibly shocking, but they are also very, very real. Tonight there are going to be millions of men and women all across America that cannot sleep because they are consumed with anxiety about their financial problems. Even as you read this, there are a lot of parents out there that are trying to figure out how to explain to their children why their homes are being taken away. There are also hordes of very hard working Americans that are incredibly frustrated because they have sent out thousands of resumes and yet they can’t seem to get a job interview. Have you ever been at a point where you couldn’t pay the mortgage or put food on the table for your family? It can be an absolutely soul-crushing experience. In fact, there are some cities in the U.S. that have been so utterly devastated by this economy that it seems as though virtually everyone has had the hope sucked right out of them. The mainstream media is trying to convince all of us that we are in an economic recovery, but that is a lie. The truth is that we are in the middle of a long-term economic decline and the greatest economy in the history of the world is dying right in front of our eyes. (Read More...)
Much Of Northern Japan Uninhabitable Due To Nuclear Radiation?
With no resolution to the crisis in sight, the damaged facilities at Fukushima continue to pump massive amounts of nuclear radiation into the surrounding environment every single day. So will much of northern Japan end up being uninhabitable due to nuclear radiation? Everyone agrees that the area immediately around Fukushima will be uninhabitable indefinitely. The only question is how large of an area around Fukushima is eventually going to be considered unlivable. This week authorities in Japan finally raised the crisis at Fukushima up to a level 7 disaster on the international scale. In fact, they are now telling us that the total release of radioactive material will likely surpass that of the Chernobyl disaster. Chernobyl was incredibly nightmarish and there are still vast areas around Chernobyl that are basically uninhabitable. But Chernobyl only burned for 10 days. The crisis at Fukushima could end up lasting for many months. Keep in mind that radiation is cumulative. Every single day the total amount of radioactive material that the world is dealing with because of Fukushima just continues to increase. (Read More...)
25 Shocking Facts That Prove That The Entire U.S. Health Care Industry Has Become One Giant Money Making Scam
What is the appropriate word to use when you find out that the top executive at the third largest health insurance company in America raked in 68.7 million dollars in 2010? How is one supposed to respond when one learns that more than two dozen pharmaceutical companies make over a billion dollars in profits each year? Is it okay to get angry when you discover that over 90 percent of all hospital bills contain “gross overcharges”? Once upon a time, going into the medical profession was seen as a “noble” thing to do. But now the health care industry in the United States has become one giant money making scam and it is completely dominated by health insurance companies, pharmaceutical corporations, lawyers and corporate fatcats. In America today, just one trip to the hospital can cost you tens of thousands of dollars even if you do not stay for a single night. The sad thing is that the vast majority of the money that you pay out for medical care does not even go to your doctor. In fact, large numbers of doctors across the United States are going broke. Rather, it is the “system” that is soaking up almost all of the profits. We have a health care industry in the United States that is fundamentally broken and it needs to be rebuilt from the ground up. (Read More...)
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...)
Debt Management: Is There Any Hope For America’s Debt Problem?
Wouldn’t it be nice if our politicians in Washington D.C. simply decided that we are not going to spend more money then we bring in? That would just seem to be common sense. After all, what do most of those big time debt management seminars teach? Most of the time they tell families with debt problems that the very first thing that they need to do is to stop spending so much darn money. Well, with the U.S. government things are just not that simple. In fact, even the most “crazy” budget proposals floating around Congress right now would not balance the federal budget until 20 years from now. The truth is that there does not seem to be much hope for America’s debt problem. In fact, it appears to be inevitable that it will continue to get worse long into the future. (Read More...)