The Beginning Of The End
The Beginning Of The End By Michael T. Snyder - Kindle Version

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Vast Stretches Of Impoverished Appalachia Look Like They Have Been Through A War

West VirginiaIf you want to get an idea of where the rest of America is heading, just take a trip through the western half of West Virginia and the eastern half of Kentucky some time.  Once you leave the main highways, you will rapidly encounter poverty on a level that is absolutely staggering.  Overall, about 15 percent of the entire nation is under the poverty line, but in some areas of eastern Kentucky, more than 40 percent of the population is living in poverty.  Most of the people would work if they could.  Over the past couple of decades, locals have witnessed businesses and industries leave the region at a steady pace.  When another factory or business shuts down, many of the unemployed do not even realize that their jobs have been shipped overseas.  Coal mining still produces jobs that pay a decent wage, but Barack Obama is doing his very best to kill off that entire industry.  After decades of decline, vast stretches of impoverished Appalachia look like they have been through a war.  Those living in the area know that things are not good, but they just try to do the best that they can with what they have. (Read More....)

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37 Reasons Why “The Economic Recovery” Is A Giant Lie

37 Sign"If you repeat a lie often enough, people will believe it."  Sadly, that appears to be the approach that the Obama administration and the mainstream media are taking with the U.S. economy.  They seem to believe that if they just keep telling the American people over and over that things are getting better, eventually the American people will believe that it is actually true.  On Friday, it was announced that the unemployment rate had fallen to "7 percent", and the mainstream media responded with a mix of euphoria and jubilation.  For example, one USA Today article declared that "with today's jobs report, one really can say that our long national post-financial crisis nightmare is over."  But is that actually the truth?  As you will see below, if you assume that the labor force participation rate in the U.S. is at the long-term average, the unemployment rate in the United States would actually be 11.5 percent instead of 7 percent.  There has been absolutely no employment recovery.  The percentage of Americans that are actually working has stayed between 58 and 59 percent for 51 months in a row.  But most Americans don't understand these things and they just take whatever the mainstream media tells them as the truth. (Read More....)

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15 Signs That We Are Near The Peak Of An Absolutely Massive Stock Market Bubble

Bubble - Photo by Jeff KubinaOne of the men that won the Nobel Prize for economics this year says that "bubbles look like this" and that he is "most worried about the boom in the U.S. stock market."  But you don't have to be a Nobel Prize winner to see what is happening.  It should be glaringly apparent to anyone with half a brain.  The financial markets have been soaring while the overall economy has been stagnating.  Reckless injections of liquidity into the financial system by the Federal Reserve have pumped up stock prices to ridiculous extremes, and people are becoming concerned.  In fact, Google searches for the term "stock bubble" are now at the highest level that we have seen since November 2007.  Despite assurances from the mainstream media and the Federal Reserve that everything is just fine, many Americans are beginning to realize that we have seen this movie before.  We saw it during the dotcom bubble, and we saw it during the lead up to the horrible financial crisis of 2008.  So precisely when will the bubble burst this time?  Nobody knows for sure, but without a doubt this irrational financial bubble will burst at some point.  Remember, a bubble is always the biggest right before it bursts, and the following are 15 signs that we are near the peak of an absolutely massive stock market bubble... (Read More....)

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Obama Has Stolen $5.3 Trillion From Our Children In Order To Make Himself Look Good

Barack Obama has destroyed the future of America in order to improve his chances of winning the next election.  Under Obama, 5.3 trillion dollars has been ruthlessly stolen from our children and our grandchildren.  That money has been used to pump up the debt-fueled false prosperity that we have been experiencing.  When the U.S. government borrows money that it does not have from someone else (such as China) and spends that money into the economy it is going to make our economic numbers look better.  Even if the government spends that money on incredibly stupid things, it still gets into the hands of average Americans who in turn spend that money on food, gas, clothes, etc.  If we were to go back and take that extra 5.3 trillion dollars out of the U.S. economy, I guarantee you that we would be in a rip-roaring depression right now.  We would look a lot like Greece at this point.  For several years Greece has been raising taxes and cutting government spending in an attempt to balance the budget and these austerity measures have resulted in an unemployment rate of over 23 percent and an economy that has contracted by close to 25 percent.  Most Americans don't want to go through pain like that so they are okay with continuing to financially rape our children and our grandchildren.  Just imagine how you would feel if your parents died tomorrow and you found out that they had left you with a million dollar debt that you were legally obligated to pay off.  How would you feel, knowing that you had just been sold into debt slavery for the rest of your life?  Well, that is how our children and our grandchildren are going to feel.  We are destroying the greatest economic machine the world has ever seen, we are accumulating the biggest mountain of debt in the history of the planet, and the coming economic collapse that we have caused is going to wipe out the promising future that our children and our grandchildren were supposed to have.  If they get the chance, future generations of Americans will curse us bitterly and will spit on our graves.  What we are doing to our children and our grandchildren is the kind of stuff that horror movies are made of.  You should be ashamed of yourself America. (Read More....)

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25 Signs The Collapse Of America Is Speeding Up As Society Rots From The Inside Out

The problems that America is experiencing right now are not just confined to the field of economics.  The truth is that there are signs of deep decay wherever we look, and without question the United States is rotting from the inside out in thousands of different ways.  For a long time our debt-fueled prosperity has masked much of the social decay that has been festering underneath the surface, but now it is becoming increasingly apparent that the thin veneer of civilization that we all take for granted is beginning to disappear.  For many Americans, it is easy to point a finger at a particular group or political party and blame them for all of our problems, but the reality of the matter is that our societal decay cuts across all income levels, all political affiliations and all regions of the country.  We are being destroyed from within, and this decay can be seen on the streets of the most dilapidated sections of major U.S. cities and it can also be seen in the halls of power in Washington D.C. and on Wall Street.  It is undeniable that something has fundamentally changed.  The American people do not seem to possess the same level of character that they once had.  So where do we go from here? (Read More....)

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The United Nations Wants To Crash The World Economy In Order To Save The Environment

The United Nations says that the earth is in great danger and that the way you and I are living is the problem.  In a shocking new report entitled, "Resilient People, Resilient Planet: A Future Worth Choosing" the UN declares that the entire way that we currently approach economics needs to be changed.  Instead of focusing on things like "economic growth", the UN is encouraging nations all over the world to start basing measurements of economic success on the goal of achieving "sustainable development".  But there is a huge problem with that.  The UN says that what we are doing right now is "unsustainable" by definition, and the major industrialized nations of the western world are the biggest culprits.  According to the UN, since we are the ones that create the most carbon emissions and the most pollution, we are the ones that should make the biggest sacrifices.  In addition, since we have the most money, we should also be willing to finance the transition of the developing world to a "sustainable development" economy as well.  As you will see detailed in the rest of this article, the United Nations basically wants to crash the world economy in order to save the environment.  Considering the fact that the U.S. and Europe are in the midst of a horrible economic crisis and are already drowning in debt, this is something that we simply cannot afford. (Read More....)

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Free Trade Or Fair Trade? 20 Reasons Why All Americans Should Be Against The Insane Trade Policies Of The Globalists

It is absolutely amazing how many Americans are still convinced that more "free trade" is the answer to our economic problems.  The truth is that there is a vast difference between "free trade" and "fair trade", and in this article I will prove that all true conservatives and all true liberals should be completely against the insane trade policies of the federal government.  Yes, we will always need to trade with other nations.  Other nations make or have things that we need to trade for.  Balanced trade relationships with other nations that have similar economies and that share similar values can be very beneficial.  For example, our trading relationship with Canada, though not perfect, is generally beneficial to both sides.  However, the United States also has dozens of trading relationships that are highly destructive to the U.S. economy.  There are some predatory nations that are blatantly and openly cheating and everyone can see it.  They are getting away with bloody murder and they are robbing us blind.  The United States of America is being taken advantage of, and as a result thousands of good businesses are being destroyed and millions of good jobs are being lost.  If you are an American and you are in favor of all of the unfair trade that is currently going on, then either you don't know much about economics or you actually want to see the U.S. economy be destroyed. (Read More....)

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