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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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

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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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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

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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

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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

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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

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Obama King
Contaminated well the Obama’s just give that to the HOMELESS.

“The White House has also donated produce from the garden to Miriam Kitchen, a soup kitchen for the homeless.”

In case you are wondering who contaminated it that would be the Clinton’s.

“The story becomes more interesting when you discover that the reason the lead levels are higher than normal on the White House lawn can be traced back to the presidency of William Clinton. During the time the Clinton family lived in the White House, sludge-based products were used to fertilize the lawn.”

Like Michelle Malkin has pointed out “Everything is Staged

For months, the Food Network ran ads about a forthcoming episode of “Iron Chef America,” its flagship chefs plus secret ingredient versus time competition. The show would take place at the White House garden, with Michelle Obama making a cameo and plugging her responsible-eating initiative. The network promised it would be its biggest episode ever.

The buildup matched the reality: The Jan. 3 “Iron Chef America” drew 7.6 million viewers, the highest-rated show in network history. In it, superstar chef Mario Batali teamed with Emeril Lagasse, and Bobby Flay with White House chef Cristeta Comerford to cook five dishes using the secret ingredient: produce from the White House garden.

Except for one thing: As first reported on AOLs Politics Daily blog, the fruits and vegetables used on the show weren’t from the White House. They were stunt produce. Ringers.

Honey was the only ingredient that actually came from 1600 Pennsylvania Ave. The White House garden produce, Krueger said, was donated to a local pantry.

In other news the Obama’s Party On ….

Let the good times roll” – and roll they have at the Obama White House, while nearly 11% of the workforce remains unemployed, nearly four million Americans are losing their homes, and terrorists ride the open skies.

In fact, according to the Chicago Tribune, the stylish Ms. Rogers and the party-hearty First Couple hosted no less than 170 parties and social events through December 3 of 2009. And that does not even include the 17 parties and 11 open houses – feting more than 50,000 guests – ABC News reported the Obamas hosted throughout the Holiday Season.

For those not counting, that means by January, 2010, Ms. Rogers had staged one gala White House event every three days throughout the first year of the Obama Administration, making the once austere Executive Mansion look more like party central.”

It’s good to be the King!

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