The Beginning Of The End
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There Is Not Going To Be A Solution To Our Economic Problems On The National Level

For those waiting for our economic problems to be solved, you can quit holding your breath.  There is simply not going to be a solution to our economic problems on the national level.  So why is that the case?  Well, it is because the economic policies of both major political parties are very, very similar when you take a close look at them.  Yes, that statement may sound downright bizarre to many Americans, but it is true.  Both major political parties supported the Wall Street bailouts, both of them fully support the job-killing "free trade" globalization agenda, both of them have dramatically increased the national debt when in power, both of them fully support the currency-killing policies of the Federal Reserve, and neither major political party would get rid of the income tax and the IRS.  And that is just for starters.  Yes, there are some minor differences when it comes to taxing and spending between the two parties, but the truth is that they are a lot more similar on economic issues than they are different.  What we desperately need on the national level is a fundamental change in direction when it comes to economic policy, but we simply are not going to get that from either the Democrats or the Republicans.  That means that there is no hope that the economic storm that is coming will be averted. (Read More....)

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20 Economic Statistics To Use To Wake Sheeple Up From Their Entertainment-Induced Comas

The Dow has closed above 13,000 for the first time since 2008, and the mainstream media is declaring that a strong economic recovery is underway.  Barack Obama is telling anyone who will listen that his economic policies are a huge success, and U.S. consumers are piling up astounding amounts of new debt.  Unfortunately, this euphoria about the economy will be short-lived.  None of the long-term problems that are destroying the U.S. economy have been solved.  In fact, there are dozens of statistics that can be quoted that prove that the U.S. economy is in far worse shape than it was when the recession supposedly ended.  If dramatic changes are not made very rapidly, our nation is going to smash directly into an economic brick wall.  Sadly, most Americans are so addicted to entertainment that they have no idea what is about to happen.  Most of them are "sheeple" that are content to trust that the "experts" know exactly how to fix our problems as they continue to enjoy their entertainment-induced comas.  After all, it is much easier to turn on "American Idol" or "Dancing With The Stars" than it is to think about debt ratios and monetary policy.  But that doesn't mean that we should not try to wake the sheeple up.  It just means that it will not be easy. (Read More....)

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20 Signs That The Culture Of Government Dependence Has Gotten Completely And Totally Out Of Control

More Americans are financially dependent on the government than ever before.  For a variety of reasons, there are now tens of millions of Americans that would not be able to survive without government assistance.  As I wrote about the other day, the insane economic policies of our "representatives" in Washington D.C. have created a situation where there are not nearly enough decent jobs for everyone.  So the job market has become a giant game of "musical chairs" and a lot of American families have been left out in the cold when the music has stopped.  Of course we are not going to let them starve in the streets.  There are also some Americans that simply do not have the capacity to take care of themselves.  It is certainly the compassionate thing to do to give them a helping hand.  However, with all of that said, we also have to face the fact that we have created a "culture of dependence" in this country.  Americans that are now in their prime working years have been taught all of their lives that the government is going to take care of them from the cradle to the grave.  This culture of government dependence has gotten completely and totally out of control, and now nearly half of all American households receive some form of government benefits.  As a result, our debt is absolutely exploding, everyone looks to the government to solve our problems and very few Americans seem to possess a very strong work ethic any longer. (Read More....)

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This Is Yet Another Glaring Example Of Why The EU Is A Mind Blowing Failure

The debt crisis in Europe just seems to get worse with each passing day, and it is yet another glaring example of why the EU is a mind blowing failure.  The EU is made up of 27 nations that all have their own economic policies, and 17 of those nations are trying to use the euro as a common currency.  But when you have 27 different governments pulling in different directions, it is inevitable that there are going to be major problems.  The stunt that Greek Prime Minister George Papandreou just pulled is a perfect example of the nightmare that the EU has become.  European officials worked really hard to pull together a deal to address the debt crisis (of course the deal was a total mess, but that is another matter), and a couple of days later Papandreou decides that Greece should hold a national referendum on it.  It is so bizarre that it almost defies words.  But that is what happens in the EU.  Someone else always wants to have a say.  Someone else always wants to throw a fly into the ointment.  Someone else always want to throw in their two cents.  The EU is a bureaucratic nightmare and this latest episode is yet another example of that fact.  First the politicians in Europe come up with an idiotic plan that is going to make the financial crisis much worse, then Papandreou comes forward and pulls a stunt that shatters what little confidence the financial markets still had in Greece.  That is why the EU should break up.  It is a total failure and it is time that we all admitted it. (Read More....)

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