Comparing today’s recession/depression to the 1980 recession

Comparing today's recession/depression to the 1980 recession

"Much like today, Americans were concerned not only with high unemployment but increasing budget deficits in the early 1980s. A September 1983 Gallup poll found that three-fourths of the public agreed that the federal government's budget deficit was a great threat (42%) or some

Read More

Why savers are getting screwed

Why savers are getting screwed

"Without the intervention of economic policymakers, interest rates would be naturally higher. That would increase the cost of borrowing for businesses and consumers, but there would be some offsetting economic benefits. Savers are getting screwed by the current monetary policy

Read More

Geithner admits USA bankrupt to US Senate

Geithner admits USA bankrupt to US Senate

"Never in our history has Congress failed to increase the debt limit when necessary. Failure to raise the limit would precipitate a default by the United States. Default would effectively impose a significant and long-lasting tax on all Americans and all American businesses

Read More

Real reason for electricity blackouts hitting southern US

Real reason for electricity blackouts hitting southern US

“Large oil companies have for a decade artificially shorted the gasoline market to drive up prices,” said FTCR president Jamie Court. “Oil companies know they can make more money by making less gasoline.” The following article was written by Paul Joseph Watson. He is t

Read More

World economies on verge of currency revaluations to deal with debt

World economies on verge of currency revaluations to deal with debt

"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning." -- Henry Ford Basically what the world central banks are doing is increasing their money by devaluin

Read More

Is Obama the next Mugabe of Zimbabwe?

Is Obama the next Mugabe of Zimbabwe?

"America, Britain, Japan, Germany, France, Sweden, Holland, Norway, Canada and Australia make up the Fishmongers Group and their meeting on Tuesday will deliberate on the state of the inclusive government, debt relief, public finance administration and the controversial economi

Read More

US raiding foreign countries with dollars, not soldiers

US raiding foreign countries with dollars, not soldiers

""The United States is going to China and saying: we want you to commit economic suicide, just like Japan did. We want you to follow the same thing: we want you to revalue your currency, we want you to squeeze your companies, we want you to go bankrupt,” says Michael Hudson,

Read More

FDIC wants your retirement cash to save banks: Bloomberg

FDIC wants your retirement cash to save banks: Bloomberg

“The FDIC is constantly looking at structures where we can get the greatest opportunity to tap into capital that we have not had the success reaching through previous disposition methods,” FDIC spokeswoman Michele Heller said in an e-mailed statement. “We welcome and work

Read More

Canadian government admits recovery never happened

Canadian government admits recovery never happened

“Not only did their stimulus fail to create the jobs of tomorrow, it also failed to protect the jobs of today,” Scott Brison, the opposition Liberal Party’s spokesman for finance issues, said by telephone. "Most of us were shaking our heads in disbelief early last year w

Read More

How Western society is brainwashed and crumbling

How Western society is brainwashed and crumbling

"The cultural embrace of illusion, and the celebrity culture that has risen up around it, have accompanied a growing system of casino capitalism, with its complicated and unregulated deals of turning debt into magical assets, to create fictional wealth for us, and vast wealth f

Read More

Will we see double digit interest rates from the 1980s?

Will we see double digit interest rates from the 1980s?

"And I sincerely believe, with you, that banking establishments are more dangerous than standing armies; and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale." -- Thomas Jefferson Spending is

Read More

Greenspan: credit crunch “by far the greatest financial crisis”

Greenspan: credit crunch by far the greatest financial crisis

Greenspan said that while the economy was in worse shape in the Great Depression, the recent financial crisis was potentially more harmful than that in the 1930s because “never had short-term credit literally withdrawn.” Greenspan just said that the current credit crunch

Read More

Timothy Geithner

In this video, Mr. Salbuchi gives an updated on the present status of 12 triggers that the Global Power Elite is using to drive the transition from Globalizatiion (which they are wrapping up), to the World Government they are ushering in. His e-Book “The Coming World Government: Tragedy & Hope?” 12 Triggers that the Global [...]

(No Ratings Yet)
Loading ... Loading ...
japan meltdown

“First, Japan will have to stop buying US and Euro bonds. Next, they will have to repatriate funds back to Japan for reconstruction. Third, the Japanese will have less money to fund wars started by the US.” Bill Gross of PIMCO has stopped buying US bonds. If the Japanese have no money to buy these [...]

(1 votes, average: 5.00 out of 5)
Loading ... Loading ...
fallout cloud to USA

“California is closely monitoring efforts to contain leaks from a quake-damaged Japanese nuclear plant, a spokesman said Saturday, as experts said radiation could be blown out across the Pacific.” Our deepest sympathies to the Japanese people, but the Japanese government must be held accountable for the massive cover-up and mismanagement of the nuclear crisis. It [...]

(1 votes, average: 5.00 out of 5)
Loading ... Loading ...
bernanke vampire

“Peter Schiff, radio host and expert economist, joins Judge Napolitano on Freedom Watch to discuss the lies and hypocrisy of Federal Reserve chairman Ben Bernanke.” On the national debt, Schiff believes the real danger is in raising the debt ceiling, not failing to raise it. He argues that Bernanke’s monetary policy is affecting other nations, [...]

(No Ratings Yet)
Loading ... Loading ...
tunisian riots game over

“Elsewhere in the Middle East, there has already been trouble in Oman that could spark a geopolitical spike in oil and further amplify the hole the China is dug. I would caution speculating on oil at this point, however, because I suspect hoarding there as well. When the China downturn becomes glaringly apparent, there could [...]

(1 votes, average: 4.00 out of 5)
Loading ... Loading ...

Gerald Celente, the founder of the Trends Research Institute, believes that the Internet will empower the youth of the world to unite to start a revolution that will overthrow the existing deadlocked elitist establishment. He predicts that in 2011 every citizen is going to realize that the Great Recession the world has been living through [...]

(No Ratings Yet)
Loading ... Loading ...
jorg

“Quantitative easing is designed to bail out the federal debt, but it may presage Weimar.Dr. Hulsmann discusses the evils of central banking and fractional reserves, the blessings of deflation, and how Austrian economists are making vast progress.” Lew Rockwell interviews Jorg Guido Hülsmann. Jörg Guido Hülsmann (born May 18, 1966) is a German economist and [...]

(2 votes, average: 5.00 out of 5)
Loading ... Loading ...
ben bernanke is devil

“If the world economy gets better, commodities are going to go up in price because there are shortages. If the world economy does not get better, you should own commodities, because (central banks) are going to print more money,” he said. “Real assets are the way to protect yourself.” (Reuters) – U.S. government inflation data [...]

(No Ratings Yet)
Loading ... Loading ...
greece austerity protest

The G8 has been accused of failing to honour aid commitments made five years ago at its summit in Scotland. According to the Organisation for Economic Co-operation and Development, donor countries have only reached around 60 percent of their targets. Professor Michel Chossudovsky from the University of Ottawa says even this money fails to help [...]

(No Ratings Yet)
Loading ... Loading ...

Thousands of acres of the Sonoran Desert closed to Americans The U.S. Fish & Wildlife Service has closed large portion of Southern Arizona in and around the Buenos Aires National Wildlife Refuge and all along the southern side of I-8 between Casa Grande and Gila Bend. This is 80 miles north of the Mexican border [...]

(No Ratings Yet)
Loading ... Loading ...

A detailed computer modeling study released today indicates that oil from the massive spill in the Gulf of Mexico might soon extend along thousands of miles of the Atlantic coast and open ocean as early as this summer (see http://www2.ucar.edu/news/ocean-curre… ). The modeling results are captured in a series of dramatic animations produced by the [...]

(No Ratings Yet)
Loading ... Loading ...

Congressman, Bob Etheridge, D-NC, assaults a college student for asking him if he supports the Obama administration’s agenda. Let’s recap what we saw on this video. A sitting Congressman–a presumed living extension of James Madison and other founding fathers–was asked on a public street whether he supported the President’s agenda. His response was to hit [...]

(No Ratings Yet)
Loading ... Loading ...

The United States Its a country known throughout the globe, in one sense, for its championing of family-values and conservative sensibilities. But the irony with the United States is its a country that may lead the world in what many consider a taboo industry: adult entertainment. The epicenter of Americas taboo industry is a place [...]

(No Ratings Yet)
Loading ... Loading ...

Steve Wynn Hotel owner, explains how the economy is on the brink of collapse, equal to Greece because of overspending and the unpredictable decisions that Washington makes daily. He discusses health care and the supply and demand of that system is unsustainable contrary to what so called liberals who think money grows from trees and [...]

(No Ratings Yet)
Loading ... Loading ...

Under the 'fair use' rule of copyright law, an author may make limited use of another author's work without asking permission. Fair use is based on the belief that the public is entitled to freely use portions of copyrighted materials for purposes of commentary and criticism. The fair use privilege is perhaps the most significant limitation on a copyright owner's exclusive rights. "