
“.. debating the stages of decline may be a waste of time — it is a precipitous and unexpected fall that should most concern policymakers and citizens … most imperial falls are associated with fiscal crises. Alarm bells should therefore be ringing very loudly indeed as the United States contemplates a deficit for 2010 [...]
March 8, 2010 | Posted in
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“I just picked up tax documents from my CPA. California require me to pay 30% of my estimated tax for the year on 04/15/10 and another 50% by 06-15-10. The balance of 20% is due on 01-15-11.”
California’s debt situation is an example of where it should be made illegal or unconstitutional for a government to [...]
March 1, 2010 | Posted in
North America |
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“A true labor market depression faced those in the bottom…of the income distribution; a deep labor market recession prevailed among those in the middle of the distribution, and close to a full employment environment prevailed at the top.”
The real unemployment rate is somewhere in the 17.5% range. Actually, as it is shown in the featured [...]
February 28, 2010 | Posted in
North America |
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We`re going to see many states across the country specifically california dealing with rosy predictions and forecasts brought by the govt. They said the economy was going to rise to 8.0 % unemployment if they passed the stimulus, but we see that even by the govt`phony standards, this rate rose to 9.6% . [...]
February 26, 2010 | Posted in
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“Effective April 1, 2010, we reserve the right to require (7) days advance notice before permitting a withdrawal from all checking accounts.
Contrary to financial pundits’ constant chants and cheerleading with the false claim tha the “recession is over,” we see that the economic situation in the United States is getting so bad that financial [...]
February 21, 2010 | Posted in
North America |
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Let’s talk a bit about these supposedly broke governments that have been reaching insolvency, and in cases like Iceland in 2006 and Argentina in 2001, have declared bankruptcy. It seems to most, as it would to anyone not ideologically retarded, that for all the public “brokeness” going on, there is always enough money for a [...]
February 13, 2010 | Posted in
North America |
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It’s not plausible to think that the ‘founding fathers’ had large corporations in mind when they established the First Amendment.
A corporation (merely a legal/intangible concept) should never have the same rights as an individual, and should not be covered under the umbrella of the First Amendment. This is another step in turning America into [...]
February 7, 2010 | Posted in
North America |
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“”I’m shocked that the ‘tea party’ hasn’t focused on it yet, and the Obama administration only has a thin sliver of time to deal more directly with it, I believe,” said Paul C. Light” — Stephen Dinan
Once the governments admit that we are in a depression on a global scale the sooner things can be [...]
February 2, 2010 | Posted in
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A letter to Barack Obama from a 95 year old World War 2 veteran is causing quite a stir all over the Internet. The name of the retired U.S. navy vet is Harold Estes, and KITV has confirmed that he did indeed write the letter. Apparently someone in Florida sent it to Congress.org [...]
January 30, 2010 | Posted in
North America |
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“The legislation would put the government on track for a national debt of $14.3 trillion—equal to about $45,000 for every American—and provide a vivid reminder of the United States’ dire fiscal straits. New estimates released by the Congressional Budget Office on Tuesday show that the U.S. this year could run a deficit matching last year’s [...]
January 28, 2010 | Posted in
North America |
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