Your number one source for news about the coming economic depression

Batts said the 80 officers slated to be laid off – mostly new officers – are “pretty sad and pretty depressed,” and those feelings are shared by the Police Department as a whole.
Sadly during the coming economic depression we’ll be seeing more and more of our men in blue being laid off to [...]

“The result of currency devaluations can be boiled down prosaically: savers get screwed. Remember, it is the Baby Boomers who have the largest accumulation of savings- either in the form of savings accounts, bonds, or home equity- and therefore, the most to lose from a devaluation. ” Contrarian
Governments seem to forget that one must [...]

Financial advisors are the clowns who are making huge profits off of your money no matter which way the market goes. A very small percentage of these “professionals” could not even predict the crash which happened (it was easy to see coming because of de-industrialization). Now they are pushing for investors to throw more into [...]

“Data released by the FBI’s National Instant Criminal Background Check System (NICS) for the year reported 14,033,824 NICS Checks for the year of 2009, a 10 percent increase in gun purchases from the 12,709,023 reported in 2008.”

Come along with NRA News’ investigative reporter Ginny Simone as she takes a look at the global gun control [...]

“Reading the newspapers these days, you have to wonder whether Canada was on another planet when the global credit crisis hit.” — Murray Dobbin

All the news reports from Canadian real estate associations touting that the housing “recession has ended” is just about as worthless as the hot air coming out of politicians mouths. Very [...]

It was just a year since we were told that the level of personal debt on multiple credit cards per person and the enormous mortgage debt was totally out of control. Just a year later and we are now in a so-called “recovery.” Can we therefore assume that all this personal debt has been monumental [...]

It looks like Obama is continuing his work at bankrupt ACORN. The government shouldn’t have poor people to sign mortgages for the houses they couldn’t afford in the first place. What an insult to the millions of prudent home owners who bought what they could afford and made all the payments. Now they are asked [...]

” Go ahead. Break the chains. Stop paying on your mortgage if you owe more than the house is worth. And most important: Don’t feel guilty about it. Don’t think you’re doing something morally wrong.” –message of a new academic paper by Brent T. White.

Don’t just walk away too quick. Many (banks, mortgage companies) aren’t [...]

“The ‘Second American Revolution’ Has Begun”

Russian Military Analysts are reporting to Prime Minister Putin that US President Barack Obama has issued orders to his Northern Command’s (USNORTHCOM) top leader, US Air Force General Gene Renuart, to “begin immediately” increasing his military forces to 1 million troops by January 30, 2010, in what these reports warn [...]

“Even if we were to return to the funding levels we’ve had in recent years, we cannot continue to sustain viable operations in all 56 armories across the state,” Bunting said. “This is a challenging time requiring difficult choices.”

Kan. National Guard to close 18 armories
By John Milburn – The Associated Press
Posted : Wednesday Nov 25, [...]

“This is hitting us hard,” said Nelson Romero, president of the National Port Drivers Assn., a group that says it has more than 1,000 members and is seeking to extend the Jan. 1 deadline. “It’s not fair that everything falls on us.”

Doomsday looming for many truckers at Los Angeles and Long Beach ports
Clean-air guidelines banning [...]

Gold is the money of Monarchs…Silver is the money of gentlemen…
Barter is the money of peasants…Debt is the money of slaves…

Do the math and the IMF is selling 15% of 2800 tons. This is like investing $ 1,000 in a stock when it goes up 15% you take 15% to cut your investment [...]

Are we nearing a tipping point as rapacious elites push a heavily armed populace too far?

“A government afraid of its citizens is a Democracy. Citizens afraid of government is tyranny!” — Thomas Jefferson

The british are close to a “ruled” people because of their tolerance. Americans are irritated, as they have less tolerance for government [...]

“I have not seen this many unclaimed bodies in 13 years on the job,” said Albert Samuels, chief investigator at the mortuary.

This is all you need to know about crony capitalism and what it has done to a State a City and a Public School system, and don’t forget the people who are completely reliant [...]

“It’s a horribly complicated system, and most people didn’t pay attention,” Mr. McDermott said of the need for quick Congressional renewal.

Too bad the sheep still “don’t get it” because what we are witnessing is a process that started some time ago — the elimination of the middle class throughout the world (redistribution of the wealth…. [...]

“The energy situation we face is critical and if we do not adopt extreme measures we will have to revert to planned blackouts affecting the population,” said a recently circulated message from the Council of Ministers.

Cuba orders extreme measures to cut energy use
By Marc Frank
HAVANA, Nov 11 (Reuters) – Cuba has ordered all state enterprises [...]