Canadian banking haven myth exposed

Canadian banking haven myth exposed

"One of the reasons that Canadians (and international commentators, other finance ministers and global financial institutions) buy this Canadian banking fairy tale is the way the government accounts for the money borrowed to support the banks." The sorry spectacle of Conservat

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Get rid of your mortgage, loans, because interest rates set to rise

Get rid of your mortgage, loans, because interest rates set to rise

Get rid of your loans, guys and gals, because we are going into a high interest rate period. Very high. It will be the equivalent of going into the double digit interest rates we had in the 80s where many people threw their house keys at the bank and we had record numbers of ba

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E-cigarettes save lives, money

E-cigarettes save lives, money

"We know that cigarettes have thousands of chemicals in them and we know that they are killing us. They have been for over a hundred years. So now, the e-cig industry comes along with only one or two chemicals in their mixture and people are freaking out over these as well. Whe

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US inches closer to big bank charges

US inches closer to big bank charges

Federal prosecutors are nearing criminal charges against some of the world’s biggest banks, according to lawyers briefed on the matter, a development that could produce the first guilty plea from a major bank in more than two decades. In doing so, prosecutors are confronting

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Canada’s home sales top predictions; why a real estate crash is inevitable

Canada’s home sales top predictions; why a real estate crash is inevitable

“The assurance of relatively low borrowing costs has likely given home buyers confidence while rising home values have kept new listings at a healthy level. Stable employment has provided some assurance to owners and buyers alike.” Our website is back after many months of

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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

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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

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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

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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

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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

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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,

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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

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Content By: The Coming Depression Editorial Staff (dates cited below)
Copyright: include link to this article on top of reproduction if you use it.
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crumbling foundation of a home

“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 for our elite. Corporations, behind the smoke screen, have ruthlessly dismantled and destroyed our manufacturing base and impoverished our working class. The free market became our god and government was taken hostage by corporations, the same corporations that entice us daily with illusions through the mass media, the entertainment industry, and popular culture.”

Please take some time and view these videos for they fortell of the impending future your children and grandchildren will be living. The only thing you can do now is to prepare yourself for what awaits. The second video is especially interesting because the author successfully melds all of the information and facts in plain view that most people do not see.

Is Western society doomed?

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Yuri Alexandrovich Bezmenov, Юрий Безменов, now known as Tomas David Schuman (born 1939, Soviet Union – 1997), worked as a journalist for Novosti Press Agency. In this capacity, he secretly answered to the KGB. His true job was to further the aims of communist Russia. After being assigned to a station in India, Bezmenov eventually grew to love the people and culture of India, while, at the same time, he began to resent the KGB-sanctioned oppression of intellectuals who dissented from Moscow’s policies. He decided to defect to the West. Bezmenov/Schuman is best remembered for his Pro-American Anti-communist lectures and books from the 1980s.

Pulitzer prize–winner Chris Hedges charts the dramatic and disturbing rise of a post-literate society that craves fantasy, ecstasy and illusion.

Chris Hedges argues that we now live in two societies: One, the minority, functions in a print-based, literate world, that can cope with complexity and can separate illusion from truth. The other, a growing majority, is retreating from a reality-based world into one of false certainty and magic. In this “other society,” serious film and theatre, as well as newspapers and books, are being pushed to the margins.

In the tradition of Christopher Lasch’s The Culture of Narcissism and Neil Postman’s Amusing Ourselves to Death, Hedges navigates this culture — attending WWF contests as well as Ivy League graduation ceremonies — exposing an age of terrifying decline and heightened self-delusion.

Related posts:

  1. The truth slips out: governments plotted to transform the entire make-up of Western society“It is not racist to proclaim you do not want mass immigration — it is survival.” The damage is done. There is NO return to the old days. Just like...
  2. BRICs establish their own IMF to counter Western dominance: Goodbye US dollarA developmental bank controlled and funded by the “emerging nations” is a good idea. It is always better to have varying interests competing with each other. The “western nation dominated”...
  3. China pulls financial plug on Western debt“This year we will continue to control the pace and demand of the credit supply,” Mr. Liu said at a conference in Hong Kong. All banks, he added, had been...
  4. US and Greece are Western canaries in coalmine“”I’m very concerned we’re headed down the same path as Greece,” Rep. Cathy McMorris Rodgers, R-Wash., told Fox News. “Greece found itself in a situation where its public debt was...
  5. Where’s the job creation? Nothing new since 1999As The Washington Post reported over the weekend, the entire past decade “was the worst for the U.S. economy in modern times.” There was no net job creation — none...
  6. Coming Depression Endangers Touted Free TradeBusiness lobbies and corporate groups have long touted the benefits of free trade, but what is it that they do now know, or do not want the general public to...

This entry was posted on Monday, April 26th, 2010 at 4:08 pm and is filed under North America. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

1 Comment

  1. April 30, 2010 @ 5:31 am


    Americans have set themselves up by living 60 years in Hubris. Sorry to make a remark that hits all Americans but the New Age Capitalism has done just that. By acts of Omission or Commission we have all bought into the system and instead of being masters of the system we have allowed the System to Master us. Obviously this could not have been possible unless Oligarchs have been masterminding this Culture in 30 year blocks, where an average mind cannot easily decipher. Thanks to the Internet and a few Thinkers and Responsible Congressmen, America and the World may yet be saved from total annihilation.

    Posted by David Jeremiah

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