US, world headed for 25 year depression: Jim Rickards

US, world headed for 25 year depression: Jim Rickards

“When I use the phrase 25 year depression, it sounds extreme but it’s not. We had a 30 year depression in the United States from about 1870 to 1900…The Great Depression lasted from about 1929 to 1940. The U.S. is in a depression today.” Well, it's been in the works for

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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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the second wave of mortgage defaults

“The continued preeminence of the United States and the relative independence and self-sufficiency of the United States would have to be changed… in order to create a new structure, you first have to tear down the old, and American industry was one example of that.” — Dr. Day, 1969 presentation about the planned de-industrialization of America.

How long will it take for Americans to realize they’ve been had by their own corporations? US jobs are not coming back because the factories will not re-open, because those factories are now in communist China. This did not happen in previous recessions, except to a smaller extent where there was a manufacturing scare in the 1980s when Japan was taking manufacturing jobs.

“The stated plan was that different parts of the world would be assigned different roles of industry and commerce in a unified global system. The continued preeminence of the United States and the relative independence and self-sufficiency of the United States would have to be changed… in order to create a new structure, you first have to tear down the old, and American industry was one example of that. Each part of the world will have a specialty and thus become inter-dependent, he said. The US will remain a center for agriculture, high tech, communications, and education but heavy industry would be “transported out.” Dr. Richard Day to a meeting in March 1969 that American industry will be sabotaged and shown to be uncompetitive

US corporations began outsourcing and off-shoring jobs to China shortly after they were able to convince the US government to dismantle trade and investment regulations, about 10 years ago.

All the corporations thought this was great because they could employ people in China for 10cents/hour and still sell the stuff for the same price back home in the US. How long could this continue? – for as long as the consumer and US government could continue borrowing. Time is almost up.

Economic Black Hole: 20 Reasons Why The U.S. Economy Is Dying And Is Simply Not Going To Recover

By The Economic Collapse Blog

Even though the U.S. financial system nearly experienced a total meltdown in late 2008, the truth is that most Americans simply have no idea what is happening to the U.S. economy. Most people seem to think that the nasty little recession that we have just been through is almost over and that we will be experiencing another time of economic growth and prosperity very shortly. But this time around that is not the case. The reality is that we are being sucked into an economic black hole from which the U.S. economy will never fully recover.

The problem is debt. Collectively, the U.S. government, the state governments, corporate America and American consumers have accumulated the biggest mountain of debt in the history of the world. Our massive debt binge has financed our tremendous growth and prosperity over the last couple of decades, but now the day of reckoning is here.

And it is going to be painful.

The following are 20 reasons why the U.S. economy is dying and is simply not going to recover….

#1) Do you remember that massive wave of subprime mortgages that defaulted in 2007 and 2008 and caused the biggest financial crisis since the Great Depression? Well, the “second wave” of mortgage defaults in on the way and there is simply no way that we are going to be able to avoid it. A huge mountain of mortgages is going to reset starting in 2010, and once those mortgage payments go up there are once again going to be millons of people who simply cannot pay their mortgages. The chart below reveals just how bad the second wave of adjustable rate mortgages is likely to be over the next several years….

#2) The Federal Housing Administration has announced plans to increase the amount of up-front cash paid by new borrowers and to require higher down payments from those with the poorest credit.  The Federal Housing Administration currently backs about 30 percent of all new home loans and about 20 percent of all new home refinancing loans.  Tighter standards are going to mean that less people will qualify for loans.  Less qualifiers means that there will be less buyers for homes.  Less buyers means that home prices are going to drop even more.

#3) It is getting really hard to find a job in the United States.  A total of 6,130,000 U.S. workers had been unemployed for 27 weeks or more in December 2009.  That was the most ever since the U.S. government started keeping track of this statistic in 1948.  In fact, it is more than double the 2,612,000 U.S. workers who were unemployed for a similar length of time in December 2008.  The reality is that once Americans lose their jobs they are increasingly finding it difficult to find new ones.  Just check out the chart below….

#4) In December, there were also 929,000 “discouraged” workers who are not counted as part of the labor force because they have “given up” looking for work.  That is the most since the U.S. government first started keeping track of discouraged workers in 1949.  Many Americans have simply given up and are now chronically unemployed.

#5) Some areas of the U.S. are already virtually in a state of depression.  The mayor of Detroit estimates that the real unemployment rate in his city is now somewhere around 50 percent.

#6) For decades, our leaders in Washington pushed us towards ”a global economy” and told us it would be so good for us.  But there is a flip side.  Now workers in the U.S. must compete with workers all over the world, and our greedy corporations are free to pursue the cheapest labor available anywhere on the globe.  Millions of jobs have already been shipped out of the United States, and Princeton University economist Alan S. Blinder estimates that 22% to 29% of all current U.S. jobs will be offshorable within two decades.  The days when blue collar workers could live the American Dream are gone and they are not going to come back.

#7) During the 2001 recession, the U.S. economy lost 2% of its jobs and it took four years to get them back. This time around the U.S. economy has lost more than 5% of its jobs and there is no sign that the bleeding of jobs is going to stop any time soon.

#8) All of this unemployment is putting severe stress on state unemployment funds.  At this point, 25 state unemployment insurance funds have gone broke and the Department of Labor estimates that 15 more state unemployment funds will likely go broke within two years and will need massive loans from the federal government just to keep going.

#9) 37 million Americans now receive food stamps, and the program is expanding at a pace of about 20,000 people a day.  The United States of America is very quickly becoming a socialist welfare state.

#10) The number of Americans who are going broke is staggering.  1.41 million Americans filed for personal bankruptcy in 2009 – a 32 percent increase over 2008.

#11) For decades, the fact that the U.S. dollar was the reserve currency of the world gave the U.S. financial system an unusual degree of stability.  But all of that is changing.  Foreign countries are increasingly turning away from the dollar to other currencies.  For example, Russia’s central bank announced on Wednesday that it had started buying Canadian dollars in a bid to diversify its foreign exchange reserves.

#12) The recent economic downturn has left some localities totally bankrupt.  For instance, Jefferson County, Alabama is on the brink of what would be the largest government bankruptcy in the history of the United States – surpassing the 1994 filing by Southern California’s Orange County.

#13) The U.S. is facing a pension crisis of unprecedented magnitude.  Virtually all pension funds in the United States, both private and public, are massively underfunded.  With millions of Baby Boomers getting ready to retire, there is simply no way on earth that all of these obligations can be met.  Robert Novy-Marx of the University of Chicago and Joshua D. Rauh of Northwestern’s Kellogg School of Management recently calculated the collective unfunded pension liability for all 50 U.S. states for Forbes magazine.  So what was the total?  3.2 trillion dollars.

#14) Social Security and Medicare expenses are wildly out of control.  Once again, with millions of Baby Boomers now at retirement age there is simply going to be no way to pay all of these retirees what they are owed.

#15) So will the U.S. government come to the rescue?  The U.S. has allowed the total federal debt to balloon by 50% since 2006 to $12.3 trillion.  The chart below is a bit outdated, but it does show the reckless expansion of U.S. government debt over the past several decades.  To get an idea of where we are now, just add at least 3 trillion dollars on to the top of the chart….


#16) So has the U.S. government learned anything from these mistakes?  No.  In fact, Senate Democrats on Wednesday proposed allowing the federal government to borrow an additional $2 trillion to pay its bills, a record increase that would allow the U.S. national debt to reach approximately $14.3 trillion.

#17) It is going to become even harder for the U.S. government to pay the bills now that tax receipts are falling through the floor.  U.S. corporate income tax receipts were down 55% in the year that ended on September 30th, 2009.

#18) So where will the U.S. government get the money?  From the Federal Reserve of course.  The Federal Reserve bought approximately 80 percent of all U.S. Treasury securities issued in 2009.  In other words, the U.S. government is now being financed by a massive Ponzi scheme.

#19) The reckless expansion of the money supply by the U.S. government and the Federal Reserve is going to end up destroying the U.S. dollar and the value of the remaining collective net worth of all Americans.  The more dollars there are, the less each individual dollar is worth.  In essence, inflation is like a hidden tax on each dollar that you own.  When they flood the economy with money, the value of the money you have in your bank accounts goes down.  The chart below shows the growth of the U.S. money supply.  Pay particular attention to the very end of the chart which shows what has been happening lately.  What do you think this is going to do to the value of the U.S. dollar?….

#20) When a nation practices evil, there is no way that it is going to be blessed in the long run.  The truth is that we have become a nation that is dripping with corruption and wickedness from the top to the bottom.  Unless this fundamentally changes, not even the most perfect economic policies in the world are going to do us any good.  In the end, you always reap what you sow.  The day of reckoning for the U.S. economy is here and it is not going to be pleasant.

#4) In December, there were also 929,000 “discouraged” workers who are not counted as part of the labor force because they have “given up” looking for work.  That is the most since the U.S. government first started keeping track of discouraged workers in 1949.  Many Americans have simply given up and are now chronically unemployed.

#5) Some areas of the U.S. are already virtually in a state of depression.  The mayor of Detroit estimates that the real unemployment rate in his city is now somewhere around 50 percent.

#6) For decades, our leaders in Washington pushed us towards ”a global economy” and told us it would be so good for us.  But there is a flip side.  Now workers in the U.S. must compete with workers all over the world, and our greedy corporations are free to pursue the cheapest labor available anywhere on the globe.  Millions of jobs have already been shipped out of the United States, and Princeton University economist Alan S. Blinder estimates that 22% to 29% of all current U.S. jobs will be offshorable within two decades.  The days when blue collar workers could live the American Dream are gone and they are not going to come back.

#7) During the 2001 recession, the U.S. economy lost 2% of its jobs and it took four years to get them back. This time around the U.S. economy has lost more than 5% of its jobs and there is no sign that the bleeding of jobs is going to stop any time soon.

#8) All of this unemployment is putting severe stress on state unemployment funds.  At this point, 25 state unemployment insurance funds have gone broke and the Department of Labor estimates that 15 more state unemployment funds will likely go broke within two years and will need massive loans from the federal government just to keep going.

#9) 37 million Americans now receive food stamps, and the program is expanding at a pace of about 20,000 people a day.  The United States of America is very quickly becoming a socialist welfare state.

#10) The number of Americans who are going broke is staggering.  1.41 million Americans filed for personal bankruptcy in 2009 – a 32 percent increase over 2008.

#11) For decades, the fact that the U.S. dollar was the reserve currency of the world gave the U.S. financial system an unusual degree of stability.  But all of that is changing.  Foreign countries are increasingly turning away from the dollar to other currencies.  For example, Russia’s central bank announced on Wednesday that it had started buying Canadian dollars in a bid to diversify its foreign exchange reserves.

#12) The recent economic downturn has left some localities totally bankrupt.  For instance, Jefferson County, Alabama is on the brink of what would be the largest government bankruptcy in the history of the United States – surpassing the 1994 filing by Southern California’s Orange County.

#13) The U.S. is facing a pension crisis of unprecedented magnitude.  Virtually all pension funds in the United States, both private and public, are massively underfunded.  With millions of Baby Boomers getting ready to retire, there is simply no way on earth that all of these obligations can be met.  Robert Novy-Marx of the University of Chicago and Joshua D. Rauh of Northwestern’s Kellogg School of Management recently calculated the collective unfunded pension liability for all 50 U.S. states for Forbes magazine.  So what was the total?  3.2 trillion dollars.

#14) Social Security and Medicare expenses are wildly out of control.  Once again, with millions of Baby Boomers now at retirement age there is simply going to be no way to pay all of these retirees what they are owed.

#15) So will the U.S. government come to the rescue?  The U.S. has allowed the total federal debt to balloon by 50% since 2006 to $12.3 trillion.  The chart below is a bit outdated, but it does show the reckless expansion of U.S. government debt over the past several decades.  To get an idea of where we are now, just add at least 3 trillion dollars on to the top of the chart….

Related posts:

  1. Biden slips again: “We can’t recover all the jobs lost”Vice President Joe Biden gave a stark assessment of the economy today, telling an audience of supporters, “there’s no possibility to restore 8 million jobs lost in the Great Recession.”...
  2. Automakers see worst sales in 30 years; will they ever recover?In a speech this month at the Los Angeles auto show, Robert A. Lutz, GM’s vice chairman for marketing, said, “The automobile industry simply can no longer rely on oil...
  3. 11 Signs US Economy in Toilet“It was the greatest party in the history of the world, but now the party is over. The following are 11 signs from just this past month that show that...
  4. 12 Reasons The Worst Housing Collapse In U.S. History Is Getting Worse“Already, U.S. housing prices have fallen further during this economic downturn (26 percent), then they did during the Great Depression (25.9 percent).” Approximately 11 percent of all homes in the...
  5. US Government faces wave of debt paymentsTreasury officials now face a trifecta of headaches: a mountain of new debt, a balloon of short-term borrowings that come due in the months ahead, and interest rates that are...
  6. Unmentioned: USA slaps more tariffs on China“The U.S. Department of Commerce said yesterday that it has set preliminary anti-dumping duties on refined Chinese and Mexican copper pipe worth hundreds of millions of U.S. dollars.” You cannot...

This entry was posted on Friday, January 22nd, 2010 at 10:34 am and is filed under Deindustrialization. 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.

15 Comments

  1. January 22, 2010 @ 3:30 pm


    So what would the author have us do?
    Every day one version or another of this same scenario comes forward, but there is no suggestion from anyone about a way out at this point.
    Everyone can see that we’ve got a real mess on our hands.
    What needs to be done?

    Posted by marc
  2. January 24, 2010 @ 8:34 pm


    You have sited many good reasons for this economy to dissolve, and I agree with all of them. I will add a few more main points that I have reason to believe that will bring about the complete implosion of this holographic monetary system. It will be soon!

    We have gone from a working model of capitalism up until1913, when the Federal Reserve came into fruition under the guise of the Rothchilds, who basically from that time until now have seen to the wreckage of our dear Republic thru greed and corruption, and the need for power and enslavement of the human population.

    There is always a warning sign of dire things to come. Dubai World was that warning sign. It was the canary in the mineshaft, and is now lying lifeless at the bottom of its gilded cage. It was a sign that this fake holographic system we call a world economy is not real. Its a contrived system brought about by Goldman Sachs and the economic gangsters of the Federal Reserve, and the evil cabinet that presides over this presidency.

    There are $600 trillion of derivatives sitting in every major bank of the world. More than all the world GDP combined. It is worhtless hedges of a gambling casino that Wall Street has been thriving on. As the dollar dissolves so does all this worthless paper. It will implode soon, and when it does, it will take down the whole world with it.

    World consumption is at a standstill, only being propped up by trillions of dollars loosing its value every day.The bond market will crash soon, as the world tries to unload the dollar, but its too late for them also.

    The Dow is overblown and will crash soon, as the Feds can no longer prop it up with fake bottom lines. These corporations are not making money, for the American consumer is lying on a gurney barely breathing. Christmas retail was a joke, and you will see a crush of more retail stores going under. Commercial property will plunge in value as stores and malls sit empty. Unemployment will skyrocket to over 30% soon.

    The Comex and the whole Ponzi scheme it represents will go bust soon. As short and long contracts are called in, they don’t have the gold to ship. The US and London are toast. Fort Knox is holding nothing but gold plated tungsten bars, and London is in the same fix, no gold. Hong Kong and Germany have requested their gold, good luck. The con game is over.

    Most of the states in this country are bankrupt, with no tax base to keep them going, as is the Federal government and the Federal Reserve, as they are cooking two sets of books.
    There is no way for Bernanke to print enough money to bail out every state and keep the major banks upright while a new tsunami of commercial, residential, auto loan, and credit card defaults race their way. AIG, Fannie and Freddie are toast as these tsunamis of bad paper unwind, and the Feds will be hard pressed to bypass Congress to bail them out further. The realstate, auto, and insurance busineesses are all going to tank. And as you have stated, the pension plans will go bust.

    There is also food shortages coming this year that will put the average consumer hard pressed to buy any food, as the price goes up, if there is much on the shelves to buy. These will be dire times ahead for the whole world, as hyperinflation is nearing.

    Posted by TimeTraveller
  3. January 25, 2010 @ 1:27 am


    marc says: “So what would the author have us do?
    Every day one version or another of this same scenario comes forward, but there is no suggestion from anyone about a way out at this point.
    Everyone can see that we’ve got a real mess on our hands.
    What needs to be done?”

    Don’t you get it? There are no solutions. This is it pal, say goodbye to the world as you know it.

    Posted by Donk
  4. January 25, 2010 @ 2:54 am


    The world as we know is changing. TimeTraveler you are so right. The Federal Reserve is a cabal of Zionist bankers who’s sole aim is to control the entire globe and have 2 classes, one elite class of oligarchs and one class of serfs, nothing in between.

    Americans have had it really good for a long time and they will won’t give up the ship nicely. I see an Armageddon blood bath. It evens says that there will be blood up until the horses reins. Scary, but has to happen.

    Out of that will rise a new phoenix out of the ashes. Countries that are soverign and that are self determining. No more mindless endless wars in countries that we the US have no business being in. We will have to be self contained. We will have to slam the border shut and lock ourselves in. We’ll have to have our own panic room.

    Posted by JanetMC
  5. January 25, 2010 @ 6:22 pm


    I see the parallels with America’s rapid decline to that of pre-Great War Imperial Russia.
    If America does decide to go to war with Iran, it will be the end of America as world had known it for the past 100 years!
    America will go bankrupt and collapse in a political revolution.
    This will means millions of wealthy Americans forced to flee their homes and live in other parts of the World ( especially Asia-Pacific, Latin America and South Africa), just like the wealthy Russians fled collapsing Russia 100 years earlier.
    The US Congress is so tied up with Israel lobby and the English Bankers, it’s
    not funny!
    Not only will America collapse, so would United Kingdom, England will end up poorer than it’s Catholic neighbours like Ireland , Scotland & Spain.
    As for Mexican Immigration these Latinos will help destroy America’s Prostentant/Ashkenazic White Thrift culture, with a more sleazy, lazy corrupt
    non-English speaking culture that will drag down America’s living standards to
    lower than other Latin-American countries like Brazil.
    But the US Congress will not go without a fight, it could well lead to World War III
    against the Moslem Nations, but instead of Bankrupt America being the Victor, the winners will be China and Russia instead!

    Posted by Matin McNiece
  6. February 5, 2010 @ 10:38 pm


    Martin,
    With all due respect i wish to refute your comment.
    If the Mexicans are lazy and sleazy why are they the only people willing to do menial labor in this country? They are the group which big business, such as Tyson ,seeks out to work in their plants. Who do you think does the bulk of the crop picking in this country?
    By the way,The word Ashkenazic has never applied to Protestants. Already there are millions of wealthy Americans living overseas.

    Posted by becky
  7. February 7, 2010 @ 11:11 am


    AHHHHH becky, mexicans are not working in this country because they are better qualified, harder workers, etc. They work for pennies on the dollar. The whole middle class has been replaced by slave labor workers. Americans were doing ALL the jobs you speak of before the invasion. I’m sick an tired of hearing this same song over and over from you pro-amnesty people. Menial labor…. yea, you mean factory jobs (my mother worker in a factory), construction (my husband WORKED in construction), ALL of these good paying “menial” jobs have been handed over slave labor (AKA lazy, sleazy mexicans who only have the jobs because they work cheap) illegals.
    People like you and your open border minions are why my whole family is jobless and bankrupt!

    Posted by terry
  8. February 8, 2010 @ 11:19 pm


    If anyone out their cares – the problem is debt based currency. The government was supposed to spend money into existence and based of the relative amount to keep the machine going spend more or tax to remove. but now the government goes to a private bank owned by private people and borrows money that is printed out of thin air and we are required to pay interest on it. THINK about it the first time the us borrowed money form the money changer, and were required to pay back with interest,—THEY (we) WENT BANKRUPT –we must now borrow to pay back because their is not enough money printed to meet our debt obligation. The only way out is to as Andrew Jackson put it about the bank —

    “You are a den of vipers and thieves. I intend to rout you out,
    and by the grace of the Eternal God, will rout you out.”

    study history same lies different guys

    Posted by hey
  9. February 17, 2010 @ 6:48 pm


    Yes, it’s true, there is just no way out at this point. This is the end, my friend. Back in 1914, we could have rescinded the treasonous legislation from the previous year that allowed the fed to STEAL our monetary system away from us if enough good men had had the balls to do something about it.. But it was allowed to remain in place and things have got progressively worse since then. Just like a severe illness, history will have to run its course and our brain will either burn up in the fever, or the disease will be killed off and we might make a gradual recovery of sorts. America is nearly comatose at this point. We can’t take much more of this without coming apart at the seams.
    The ONLY way to keep this from happening again is to NEVER EVER allow anything but gold and silver to be used as money. And if any paper is printed up, it MUST NOT ever exceed the amount that there is gold and silver to back it up with.
    All that money is is an idea backed by confidence. And to have any confidence in it, it has to require a substantial amount of human labor behind it. Not electronic bookkeeping entries or fiat paper conjured up out of thin air. All that you are doing when you buy or sell a good or service is trading labor for labor via a medium of exchange. So to the degree that the human labor is taken out of the medium of exchange, you will get inflation, which is short way of saying a decrease in the perceived purchasing power of a fiat currency.

    Randy

    Posted by Randy
  10. February 20, 2010 @ 9:30 pm


    Many can see a rocky road ahead, but in twenty years you’ll wonder what the fuss was all about. Have faith. People are not stupid, not even those in charge.

    Posted by Agha Ali Arkhan
  11. February 23, 2010 @ 9:00 pm


    Regarding #6 “The days when blue collar workers could live the American Dream are gone and they are not going to come back.”. Of course they will come back. However, this will only happen once we protect our economy again from outside meddling. Someone in Guatemala or the Philippines or India or China should not be deciding for someone here what an appropriate wage is, or what safety standards can be ignored, etc. If you buy it here, you can build it here. Make it happen.

    Regarding #20, “When a nation practices evil, there is no way that it is going to be blessed in the long run. The truth is that we have become a nation that is dripping with corruption and wickedness… ” OK, regardless of what “evil” and “wicknedness” are code-words for, that’s just an insult on your fellow citizens and residents. The future of the country is in their hands, and requires no “blessing”. It just requires a calm and sober analysis of the facts, an intelligent plan of action, and the determination to get it done.

    Posted by Randy
  12. May 2, 2010 @ 2:38 pm


    The solution… Make sure that each country’s banks are sovereign and not controlled by the debt and obligation of other nations.
    End globalization. but also end government support in private sector.
    Reward innovation and enterprise.
    Remove the elitism from the professions by allowing foreign qualifications to be fairly assessed so that personnel can be properly included.
    Every employed person should pay their own pensions and benefits, no country or corporation should have the legacy of paying retirees or the burden of financing it’s employees social benefits. It should be illegal . Every person should pay into a pension and health fund that follows them throughout their entire life.
    Implement an auditing system that looks at every branch and department of government. Give it the power to close down unnecessary and wasteful departments, reduce overmanning, and prosecute corrupt and illegal practice.
    If political and corporate leaders engage in corruption they lose everything, pensions, bonuses etc: if they are caught.
    It is time for change. the “new world order” cannot be defined by a cabal of bankers, or politicians, it must be defined by the people and remove the possibility of any group or person getting to power with the intent of dictatorial power and be instantly removed.

    Posted by W.Palmer
  13. May 2, 2010 @ 5:45 pm


    …….So, in other words, stick a fork in America, she is done!!!!!

    Posted by Yemisi
  14. August 25, 2010 @ 11:36 am
  15. February 3, 2011 @ 4:45 pm


    wake up america so much possibility

    Posted by raymond

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