A Little Boy That Died, Saw Heaven, And Came Back To Life Again
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 As a result of the absolutely stunning 29-23 overtime victory by the Denver Broncos over the Pittsburgh Steelers, it seems inevitable that "Tebow Time" will become a household phrase all over America. The string of last second victories that we have seen Tim Tebow pull out this season is unprecedented and we will probably never see anything quite like it again. Unfortunately, miracles don't always happen in real life when we need them. Right now it is "Tebow Time" for the U.S. economy, the U.S. political system and the global financial system, and things look really bad. So will we see heroes rise up at this time to snatch victory from the jaws of defeat, or will we see the biggest debt bubble in the history of the world implode and plunge the entire planet into a devastating economic depression? Most people have no idea how fragile the global economic system has become at this point. Global leaders are currently engaged in a frantic juggling act in a desperate attempt to keep all the balls in the air. One wrong move could unleash a financial panic that could potentially be even worse than what we saw in 2008. (Read More....)
 For a lot of Americans, this is the worst time of the year. If you don't have any money, it can be really hard to hear others go on and on about how good "Santa Claus" was to them this year. For many, there is simply not much to be cheerful about as the year ends. There are millions of people in this country that do not have a "happy family" to spend the holidays with, there are millions of people in this country that do not have any money to spend on gifts, and there are millions of people that are either already sleeping in the streets or that are in imminent danger of losing their homes. It can be really difficult to feel "holiday cheer" when you are freezing cold and you don't have any food in your stomach. The realization that you are not going to enjoy any of the good things that other people get to enjoy this time of the year is enough to push many people over the edge. Yes, for most of the country this time of the year is filled with food, family and fun but for millions of others this time of the year tends to magnify despair, depression and thoughts of suicide. If you are blessed as we get ready to enter 2012, please remember those out there that are really hurting. If someone does not help them, they might not make it to 2013. (Read More....)
 What happens when you attempt a cold shutdown of one of the biggest debt spirals that the world has ever seen? Well, we are about to find out. The politicians in Europe have decided that they are going to "take their medicine" and put strict limits on budget deficits. They have also decided that the European Central Bank is not going to engage in reckless money printing to "paper over" the debts of troubled nations. This may all sound wonderful to many of you, but the reality is that there is always a tremendous amount of pain whenever a massive debt spiral is interrupted. Just look at what happened to Greece. Greece was forced to raise taxes and implement brutal austerity measures. That caused the economy to slow down and tax revenues to decline and so government debt figures did not improve as much as anticipated. So Greece was forced to implement even more brutal austerity measures. Well, that caused the economy to slow down even more and tax revenues declined again. In Greece this cycle has been repeated several times and now Greece is experiencing a full-blown economic depression. 100,000 businesses have closed and a third of the population is living in poverty. But now Germany and France intend to impose the "Greek solution" on the rest of Europe. This is going to create the conditions needed for a "perfect storm" to develop and it means that the European financial system is heading for an implosion of historic proportions. (Read More....)
 What in the world is Barack Obama thinking? The United States of America is falling apart all around him, and yet he decides to take a 17 day Hawaiian vacation. Does he even understand that he is the leader of the free world? Does he even understand that this country is mired in the worst economic downturn since the Great Depression? Last year, a similar Hawaiian vacation by the Obamas ending up costing more than 1 million dollars. Other than when I was in school, I don't remember ever taking a 17 day vacation. In fact, most Americans do not even get 17 vacation days for an entire year. Yet the Obamas seem to think that part of occupying the White House is to take as many vacations as possible. It has been reported that Michelle Obama spent over 10 million dollars of U.S. taxpayer money on vacations during just one recent 12 month period alone. It would be one thing if they were taking these vacations at a time when America was thriving, but the truth is that the U.S. is facing one crisis after another right now. Our debt is now over 15 trillion dollars. If you can believe it, the U.S. government has not been operating under an approved budget for over 900 days. More Americans fell into poverty last year than ever before. More Americans are on food stamps than ever before. An average of 23 manufacturing facilities were shut down every single day in the United States last year. According to one recent report, only 7 percent of Americans that lost their jobs during the recession have "made it back" to where they were before the recession. So perhaps Barack Obama should spend more time doing his job rather than taking extended vacations. (Read More....)
 The entire financial system of the western world is designed to be a debt spiral. The total amount of money and and the total amount of debt are supposed to continually expand. Today, we are in debt up to our eyeballs and it seems like nearly everyone is talking about "deleveraging" and reducing government debt. But in a world where the entire financial system is based on debt, is there any way for massive deleveraging to take place without plunging us all into a horrific worldwide depression? The governments of the western world have had a lot of fun spending money as if there was no tomorrow, but now tomorrow has arrived and all of that debt is rapidly catching up with us. Politicians in Europe and in the United States are running around trying to come up with a "plan", but there is no "plan" that is going to fix the current debt-based system. Over the next few years we are going to reap what we have sown. (Read More....)
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Tebow Time