*The original version of this article contained a few minor inaccuracies. I apologize for this. I am not a historian, and several of the facts that I made originally are hotly disputed among historians. I have attempted to revise the article in such a way as to reflect the historical consensus more accurately. However, the central points of the original article are not in dispute. Central banking has always been a huge issue throughout U.S. history and central banking remains a tremendous threat to our financial system in 2010. Everyone makes mistakes, and I am sure I will make many more. However, the main point of the article is to detail how corrosive central banking and the financial elite have been throughout U.S. history, and hopefully most everyone can see that very clearly. There will always be historical debate about certain points, but the overall themes are unmistakable when you step back to take a look at the bigger picture. (Read More...)
Why Is Russia Building 5000 More Nuclear Bomb Shelters In Moscow By The End Of 2012?
Russia certainly seems to be in a hurry to prepare for something. RT is reporting that 5,000 new nuclear bomb shelters will be constructed in the city of Moscow by the end of 2012. Russian authorities believe that these new shelters are urgently needed because the current nuclear bomb shelters will only hold approximately half the population and are quite outdated. In addition, there are apparently very few nuclear bomb shelters for those living outside the city center at this point. Officials want virtually the entire population of Moscow to be able to reach a bomb shelter within a matter of minutes. But in this era when the “Cold War” is supposed to be over, why are 5000 nuclear bomb shelters such an urgent necessity? (Read More...)
The Death Of The Dollar? 11 Signs That We Could Be On The Verge Of A Global Currency Crisis
Over the past several decades, the U.S. dollar and other major currencies around the globe have been continually devalued, but they have still remained stable enough for trade to flourish and for the world to enjoy an unprecedented era of prosperity. However, that all may now be changing. Many analysts now fear that the new $600 billion program of quantitative easing by the U.S. Federal Reserve may set off a round of “competitive devaluations” across the globe that could precipitate a global currency crisis. If that happens, it might not just be the death of the dollar that we are talking about. Instead, we could potentially see the death of fiat currencies worldwide in the coming years. Under the current system, nations have a built-in incentive to devalue their national currencies because it gives them a competitive advantage in world trade. In fact, quite a few countries have been doing this for years, but in 2010 currency devaluations have become a “hot button” issue and the extreme actions taken recently by the U.S. Federal Reserve and other global central banks have pushed us to the brink of a global currency war. (Read More...)
The Most Dangerous Place On Earth: The Brutal Drug War Raging On The U.S. Border
Most Americans have no idea that the most dangerous place on earth is just across the United States border. The city of Juarez, Mexico is nestled right next to El Paso, Texas and it is the murder capital of the world. So far this year, more than 2,000 people have been murdered in the city. The Mexican government has been trying to get a handle on the situation, but corruption is so rampant on all levels of government in Mexico and the drug cartels are so incredibly powerful that it just seems to be a losing battle. But it is not just Juarez that is a crisis point. The truth is that vast stretches of the U.S. border with Mexico have become war zones and yet the mainstream media in the United States is strangely silent about the whole thing. (Read More...)
The Price Of Oil Is Going Up, The Price Of Food Is Going Up And Now Here Comes Quantitative Easing
Millions of American families are about to be broadsided by rising gas and food prices and most of them don’t even realize it. You see, most Americans stop listening when terms such as “quantitative easing” and “agricultural commodities” are brought up, but when millions more Americans are faced with a choice of either feeding their families or heating their homes this winter, maybe then they will start listening. Even before the Federal Reserve announced the latest round of quantitative easing, the price of oil has been going up and the price of food has been going up. Now that the Federal Reserve has announced plans to flood the economy with hundreds of billions more dollars, the inflation monster is going to get even hungrier. The household budgets of scores of American families are going to be stretched beyond the breaking point as prices rise. Meanwhile, the vast majority of U.S. employers will not be giving their workers raises to keep up with inflation. After all, why should they? If someone wants to quit there are hordes of unemployed Americans out there who would just love to take that job in a second. (Read More...)
The Demonization Of The Tea Party Movement
Once upon a time, news anchors at least attempted to conduct themselves in a professional manner. But on election night 2010, quite a few of the anchors on the various news networks threw all standards of professionalism right out the window and did everything they could to demonize the Tea Party movement. As you will see below, Tea Party candidates were not just called “wacky”, “kooky” and “extremists” on Tuesday night. On MSNBC alone, Michelle Bachmann was repeatedly asked if she was “hypnotized” as the news anchors openly laughed at her while she was being interviewed, and there was a roundtable discussion which went on for an extended period of time about how Rand Paul, by himself, was going to cause a massive worldwide economic depression. If MSNBC even had an ounce of integrity left they would fire the whole team of anchors that covered election night, but we all know that is not going to happen. The truth is that the establishment is scared to death of the Tea Party movement now, and the executives at these various networks will almost certainly be directing their news people to demonize prominent Tea Party politicians more than ever. (Read More...)
Goodbye Pontiac – Yet Another Sign Of How Rapidly America Is Being Deindustrialized
On October 31st, 2010 Pontiac officially died. After 84 years and approximately 40 million vehicles sold, the Pontiac brand is no more. Pontiac actually built its last car almost a year ago, but on October 31st GM’s agreements with Pontiac dealers officially expired. So say goodbye for the final time to the GTO, Bonneville, Firebird, Sunbird, Grand Am and Grand Prix. No more vehicles with the beautiful red arrowhead emblem will ever be manufactured. The company that produced muscle cars that so many millions of American boys grew up worshipping has passed on. In this life, nothing lasts forever, but it just does not seem right that Pontiac is gone. (Read More...)
The Television Commercial About The National Debt That Is Being Banned By Major Networks
A new television ad about the U.S. national debt produced by Citizens Against Government Waste has been deemed “too controversial” by major networks including ABC, A&E and The History Channel and will not be shown on those channels. The commercial is a homage to a 1986 ad that was entitled “The Deficit Trials” that was also banned by the major networks. Apparently telling the truth about the national debt is a little too “hot” for the major networks to handle. But perhaps it is time to tell the American people the truth. In 1986, the U.S. national debt was around 2 trillion dollars. Today, it is rapidly approaching 14 trillion dollars. The American Dream is being ripped apart right in front of our eyes, but apparently some of the major networks don’t want the American people to really understand what is going on. (Read More...)