This is what a nation looks like when it starts melting down from within. A series of very disturbing incidents of police brutality against young black males has caused a firestorm to erupt all across the country. You would have thought that the massacre of police in Dallas would have caused everyone to step back and reflect on what is really causing this cycle of violence, but instead the nationwide protests have gotten even bigger and more intense. Over the weekend, protesters attacked police with rocks, bricks, bottles, fireworks, chunks of concrete, Molotov cocktails and rebar from a construction site. In return, police fired pepper spray, smoke bombs and tear gas at protesters. As I write this, more than 200 protesters have been arrested over the weekend so far, and authorities are bracing for what the coming night will bring.
On Saturday night, there was horrible violence against police in St. Paul, Minnesota. That is where my father was originally from, and I remember visiting my grandmother in St. Paul many times. Back in those days, I never would have imagined that someday we would see this kind of violence against law enforcement officers in the city…
At least five officers were injured by protesters — one hit with a glass bottle and another by fireworks, according to St. Paul police. One was hit on the head with a large piece of concrete, possibly dropped from a bridge, according to police.
Another officer had been hit in the head with a rock, though it is unclear the extent of the injuries. Police say a Molotov cocktail was thrown at officers.
Law enforcement used crowd-control measures, including smoke and fired marking rounds similar to paintball rounds, said police spokesman Steve Linders.
According to another report, protesters “were dropping 10lb concrete blocks on officers’ heads, throwing bricks at their heads and genitals, and lobbing Molotov cocktails.”
-In Baton Rouge, a police officer “had several of his teeth knocked out” after being hit by a projectile thrown by protesters. But it could have been a lot worse. According to the Daily Mail, law enforcement authorities confiscated “three rifles, three shotguns and two pistols” from the rioters.
-In Phoenix, protesters launched rocks and projectiles at police and many of them reportedly shouted “We should shoot you!”
-In San Antonio, someone fired “multiple gunshots” at the San Antonio Police headquarters building on Saturday night…
Multiple gunshots were fired at the San Antonio Police headquarters building Saturday night, and police are seeking a suspect who was seen running from the area, SAPD Chief William McManus said.
The shots were fired just before 10 p.m. Saturday. There were no reports of injuries, but bullet marks were found on the exterior wall of the building, McManus said. Shell casings were discovered in a nearby alley.
The mainstream media would have us believe that the shooter in Dallas was a lone nut that acted alone, and that his behavior was not part of a larger trend. But they completely ignored another mass shooting motivated by hate that occurred just hours before the shootings in Dallas…
Hours before a black Army veteran shot 12 officers at a Black Lives Matter protest in Dallas, another former Army soldier was accused of shooting indiscriminately at passing cars and police on a Tennessee highway.
And like the Dallas sniper, Lakeem Keon Scott said he was motivated to act in response to police violence against African-Americans, authorities said Friday.
One woman died and three others, including a police officer, were wounded Thursday morning in the Tennessee rampage, one of several spasms of violence across the country this week amid boiling tensions over policing and race.
And the incident in Dallas could have turned out to be far worse. According to authorities in Dallas, Micah Johnson was found to have had bomb making materials in his home and “was planning a larger attack”…
The gunman who killed five cops in Dallas was planning a larger attack but launched his assault early because the protest was too good an opportunity to miss, a police source said.
Veteran Micah Johnson went on the rampage with an AR-15 assault rifle and handgun on Thursday night, but left explosive material at home.
A law enforcement source told WFAA that Johnson was ‘planning something bigger’ but cut preparations short because he knew scores of police officers would man the Black Lives Matter protest.
At times like this, we desperately need strong leaders to step forward and calm everyone down. Unfortunately, the great leaders of the past are long gone, and they have been replaced by politicians that are trying to figure out how they can best use this unrest for their own political advantage.
Instead of hating one another, we need to start loving one another. Without love, our nation is going to die.
I wish that everyone in the country could be made to understand this, but unfortunately most Americans have chosen a different path, and now we will suffer the consequences.
Are we about to witness a new round of racially-charged protests, riots and demonstrations all across the United States? On Sunday night, a protest that had been organized to commemorate the one year anniversary of Michael Brown’s death in Ferguson, Missouri took a very violent turn. An 18-year-old named Tyrone Harris that is being described as a “real close” friend of Michael Brown opened fire on police with a stolen handgun. Police returned fire and Harris got hit. He is now in the hospital and his prognosis is uncertain. Of course this just raised tensions to an entirely new level, and at this point a state of emergency has been declared in Ferguson.
So what would cause an 18-year-old young man to pick up a gun and start firing at police?
This didn’t just happen in a vacuum. An environment of violence and racial conflict is being purposely created, and the mainstream media and our politicians are continually fueling the fire.
On July 30th, the leader of the Nation of Islam, Louis Farrakhan, delivered a speech during which he stated that he was looking for “10,000 fearless men who say death is sweeter than continued life under tyranny”. The following is an excerpt from that speech…
“Death is sweeter than to continue to live and bury our children, while white folks give the killer hamburgers.
“Death is sweeter, than watching us slaughter each other, to the joy of a 400-year-old enemy. Yes, death is sweeter.
“The Quran teaches persecution is worse than slaughter. Then it says, ‘Retaliation is prescribed in matters of the slain.’ Retaliation is a prescription from God, to calm the breast of those whose children have been slain.
“So if the federal government will not intercede in our affairs, then we must rise up and kill those who kill us. Stalk them and kill them and let them feel the pain of death that we are feeling.”
In the social media world, the ominous hashtags #fightback and #JusticeOrElse are being heavily promoted. The implication is that African-Americans have a right to commit violence because of the injustices that have been committed against them in the past.
When you understand the context, it becomes much clearer why some of these young people are doing what they are doing.
Instead of trying to cool things down on Monday, protesters continued to push the envelope. Several very prominent activists, including Cornel West, were arrested when they crossed a barrier in front of a courthouse in St. Louis…
Cornel West, and several prominent protesters including DeRay McKesson, 30, and Johnetta Elzie, 26, were arrested Monday afternoon during a protest outside the U.S. courthouse in St. Louis. The demonstration was part of a move by several clergy members to purposefully be detained by police.
Anger and violence are not what America needs.
If we could just learn to love one another and to treat one another with respect, things could be so much different in this country.
But instead, we are being set up for a race war.
Just consider the response to a recent incident that happened in Alabama…
An Alabama police officer was pistol-whipped with his own gun during a traffic stop — and then mocked by cop critics online.
The plainclothes Birmingham detective was investigating a string of burglaries when he stopped a GMC Yukon and was attacked by the driver, authorities said.
This particular police officer has never been charged with doing anything wrong, but just because he is a cop he was mercilessly attacked online. The following are just a couple of examples…
“Pistol pimped his face n um chillen now,” Twitter user @TriggaMane666 posted with a picture of the wounded officer.
“Pistol whipped his ass to sleep,” a Facebook user wrote before deleting a post showing the officer face down on the sidewalk.
Anger and frustration are growing to frightening levels all over the nation, and the surging poverty that we are seeing in many areas is playing a significant role in all of this.
Despite what you may be hearing from the mainstream media, the truth is that the economy is not getting better. In fact, in a whole bunch of different ways our economy is already in worse shape than it was during the depths of the last recession.
If you live in a nice neighborhood, you may not even be aware of what is going on in much of the rest of the country. According to the Atlantic, the number of Americans living in high poverty areas has nearly doubled since the year 2000…
The number of people living in high-poverty areas—defined as census tracts where 40 percent or more of families have income levels below the federal poverty threshold—nearly doubled between 2000 and 2013, to 13.8 million from 7.2 million, according to a new analysis of census data by Paul Jargowsky, a public-policy professor at Rutgers University-Camden and a fellow at The Century Foundation. That’s the highest number of Americans living in high-poverty neighborhoods ever recorded.
The development is worrying, especially since the number of people living in high-poverty areas fell 25 percent, to 7.2 million from 9.6 million, between 1990 and 2000. Back then, concentrated poverty was declining in part because the economy was booming.
People living in highly concentrated areas of poverty can become very desperate, and desperate people do desperate things.
Don’t let the misleading economic numbers fool you. As Paul Craig Roberts has pointed out, if honest numbers were being used our current unemployment rate would not be too far away from the unemployment rate at the height of the Great Depression…
In 1994 the Clinton regime stopped counting long-term discouraged workers as unemployed. Clinton wanted his economy to look better than Reagan’s, so he ceased counting the long-term discouraged workers that were part of Reagan’s unemployment rate. John Williams (shadowstats.com) continues to measure the long-term discouraged with the official methodology of that time, and when these unemployed are included, the US rate of unemployment as of July 2015 is 23%, several times higher than during the recession with which Fed chairman Paul Volcker greeted the Reagan presidency.
An unemployment rate of 23% gives economic recovery a new meaning. It has been eighty-five years since the Great Depression, and the US economy is in economic recovery with an unemployment rate close to that of the Great Depression.
But instead of telling us the truth, the mainstream media continues to put out lots of happy stories.
I had to smile when I saw that. You know, even though the U.S. economy has been collapsing, it is collapsing right now and there are all sorts of signs that our collapse is about to greatly accelerate, there are still lots of people out there that mock “the collapse crowd” and insist that everything is going to be just fine.
And of course the mainstream media continues to mock anyone that is seriously trying to prepare for the coming hard times. The following is an excerpt from a recent Toronto Star article…
Preppers anticipate various disasters by stockpiling food, honing wilderness survival skills and learning self-defence.
If a Katrina-like storm knocked out power in Toronto, you’d know the preppers by the lights in their windows, running on generators. And if things ever descend into chaos, they’ll grab their prepacked bags, loaded with essential survival equipment, and split, leaving the rest of us to fight over the last drops of gasoline and fresh water.
The mockers will continue to mock, and their jokes will continue to be very funny up until the moment when everything starts falling apart all around us.
But those that are wise understand what is happening, and they are preparing in advance.
We now have official confirmation that the rioting in Baltimore on Monday was purposely allowed to spiral out of control. Up until now, there had been some unconfirmed reports that police in Baltimore had been ordered to “stand down” during the riots, but nobody had been willing to come forward and go on the record. Now that has all changed. Michael Lewis is the Sheriff of Wicomico County, Maryland and what he has to say is absolutely jaw dropping. When he saw what was happening in Baltimore, he gathered up some of his fellow officers and drove down to the city to help. But when he got there, he says that all of the police were being ordered not to take any action and to let the rioters destroy property. Lewis made this astounding claim during a discussion on a Baltimore radio station…
A Maryland sheriff who traveled to Baltimore to help law enforcement stop Monday’s riots told 105.7 The Fan that he was stunned when officers alerted him of the orders to stand down.
Lewis says that he never heard the mayor give any particular orders, but he is very clear about the fact that the police were being instructed to “stand down” and to “let them destroy property“….
“I was sick to my stomach like everybody else. … This was urban warfare, no question about it. They were coming in absolutely beaten down. The [city officers] got out of their vehicles, thanked us profusely for being there, apologized to us for having to be there. They said we could have handled this, we were very capable of handling this, but we were told to stand down, repeatedly told to stand down,” he said. “I had never heard that order come from anyone — we went right out to our posts as soon as we got there, so I never heard the mayor say that. But repeatedly these guys, and there were many high-ranking officials from the Baltimore City Police Department … and these guys told me they were essentially neutered from the start. They were spayed from the start. They were told to stand down, you will not take any action, let them destroy property. I couldn’t believe it, I’m a 31-year veteran of law enforcement. … I had never heard anything like this before in my life and these guys obviously aren’t gonna speak out and the more I thought about this, … I had to say a few things. I apologize if I’ve upset people, but I believe in saying it like it is.”
The claims made by Lewis seem to be confirmed by “a senior law enforcement source” quoted by Fox News. And this “senior law enforcement source” says that the order to stand down came directly from the mayor…
Fox News is reporting — citing a senior law enforcement source who spoke with correspondent Leland Vittert — that Democratic Baltimore Mayor Stephanie Rawlings-Blake ordered police to allow rioters to loot stores Monday night, saying, “Let them loot, it’s only property.”
“This is coming from a very senior law enforcement official with direct knowledge of the orders that were given by the mayor and by her police commanders, down to the very core of the police riot units,” Vittert said on “Your World with Neil Cavuto” Wednesday afternoon. “What I am quoting now from him is, quoting the mayor, ‘Let them loot, it’s only property.’”
If this is true, this is not just a minor scandal. If what these law enforcement officers are saying is accurate, this is a scandal of monumental proportions.
And could it be possible that the scandal goes even higher? Did Rawlings-Blake speak to anyone before making this decision? Could the Obama administration be involved somehow?
What we do know at this point is that after public schools were let out on Monday afternoon, high school kids were forced to get off of buses and herded into the Mondawmin mall area where the “purge” that had been hyped on social media was supposed to take place.
We also know that police dressed in full riot gear were waiting for them.
But then once the rioting started, the police pulled back and let it rage wildly out of control.
This all seems very orchestrated to me.
And were they specifically ordered to not even defend their own police vehicles? On Monday afternoon, there were lots of police vehicles conveniently parked along the streets right in the middle of the riot zones. But the police officers that those vehicles belonged to were nowhere to be seen. So why didn’t the police protect their own vehicles? This all seems very strange.
Dramatic images of police vehicles being smashed and burning wildly have now been seen by hundreds of millions of people all over the planet, and those images send a very powerful message.
Of course the biggest victims in all of this are the impoverished African-American communities where the worst of the rioting took place. The police were ordered to stand down while these African-American neighborhoods were vandalized, looted and set on fire. Many businesses that were destroyed will choose to never rebuild, and many others that did survive will flee as soon as they can. In the end, those neighborhoods will be much worse off than they were before.
So did mayor Rawlings-Blake (or someone above her) purposely betray those communities?
The American people deserve some answers, because this is a very big deal.
First we saw this happen in Ferguson, and now it has happened in Baltimore.
When riots and looting break out where you live, will the police be ordered to “stand down” as well?
Chaos has come to America, and it is only going to get worse. I hope that you are getting prepared for what comes next.
The city of Baltimore has been transformed into an “absolute war zone“, and the governor of Maryland has declared a state of emergency as the rioting in “Charm City” continues to escalate. The funeral for Freddie Gray has unleashed a firestorm of violence, and none of it is going to do anyone any good. To their credit, some of the leaders of the African-American community are standing up and loudly condemning the violence. They know that smashing cars, throwing rocks at police and looting stores is not going to solve anything. But just like we saw in Ferguson, there are lots of people out there that are ready to riot, loot and set things on fire at the drop of a hat – all they need is an opportunity. The social decay that has been eating away at the foundations of our society for generations is now manifesting in some very ugly ways. We have raised an entire generation of young people in a “value free” environment, and now we are getting to experience some of the consequences of our foolishness. And what we are witnessing in Baltimore right now is just the start. Eventually, we are going to see scenes like this all over the nation.
Thanks to social media, the violence that we saw in Baltimore on Monday is being broadcast to the entire planet. The whole world is getting a really good look at what the decline of America looks like. The following is how the New York Times described what took place…
Angry youths could be seen surrounding a police cruiser and smashing its windows in what police described as an organized attack by criminals — not demonstrators. Cars were set on fire, and stores’ windows were smashed in. Heavy smoke poured out of a CVS drugstore, which had earlier been overrun by looters. Several other businesses, including a liquor store and a check-cashing shop, were also looted.
You can find some incredible photos of looting in progress right here. Do those young people believe that they are actually doing something constructive that will make a difference in our society? Of course not. They are opportunists that are taking advantage of the chaos to commit crime.
And you know what? A lot of older African-Americans were absolutely disgusted by what they were seeing. The following is just one example…
Barbara Taylor, 60, has lived in the neighborhood near the store for 15 years. As she spoke, a group of teenagers carrying cases of soda and Arizona Iced Tea walked by. “All I can see is crime,” said Taylor. “The people doing this don’t live around here. They’re kids coming in to our neighborhood and breaking it apart. There is no reason for this.”
Of course the biggest targets on Monday were police officers. It is becoming extremely dangerous to be a police officer in America today, and this is something that I wrote an entire article about recently. During the violence on Monday, seven police officers were seriously injured. At least some of the injured had broken bones, and one was described as being “unresponsive”…
“We have seven officers who were injured during the course of this,” said Baltimore Police Capt. Eric Kowalczyk. “They have broken bones, one of them is unresponsive. This is not okay. Our officers went out to that situation to make sure that the people who live in that community were safe and we’re going to continue to do what we can to make sure that those people stay safe.
“It’s a group of lawless individuals,” Kowalczyk said of the rioters. “What we know is that they are a group of criminals with no regard for the people in the community.”
Later on Monday, we found out that a total of 15 police officers had received some sort of injury during the course of the day. To say that the streets of Baltimore have become a “war zone” is not an overstatement in the least.
This is what America is becoming, and this is only just the beginning. As I mentioned yesterday, I went on the record publicly regarding my belief that civil unrest was coming specifically to Baltimore during a speech I gave on the evening of April 11th. That was about a week before Freddie Gray died. But little did I know that it would start happening before the end of the month. The following are some tweets that contain scenes from the violence that we witnessed on Monday…
Make sure to watch that last video. It shows a man literally being dragged out of his store and ruthlessly beaten by a gang of young thugs. Because of the decisions that we have made as a society, this is what the future of our country is going to look like. This is something that I have been warning about for years, and now it is here.
So let us mourn for America, because the nation that so many of us love is slipping away a little bit more every single day.
It may not happen this month, or even this year, but food stamp riots are coming to America. In fact, we got a small preview of the coming food stamp riots this past weekend when a “temporary system failure” caused food stamp cards to stop working in 17 U.S. states. Within hours, there were “mini-riots” at Wal-Marts and other retailers that rely heavily on food stamp users. So what would happen if food stamp benefits were cut off or reduced for an extended period of time? As you will see below, if Congress had not pushed through a “deal”, the USDA would have started cutting off food stamp benefits on November 1st. Considering the fact that 47 million Americans are on food stamps and more than 100 million Americans are enrolled in at least one welfare program run by the federal government, that could have sparked massive rioting. So the good news is that the coming food stamp riots will probably not happen in November. The bad news is that the “deal” in Congress only delays the political fighting until after Christmas. In just a few months we will be dealing with a potential “government shutdown” and a debt ceiling deadline once again.
Most Americans have no idea what almost just happened. According to Reuters, the state of North Carolina had already cut off some welfare benefits for the month of November…
North Carolina has become the first state to cut off welfare benefits to poor residents in the wake of the partial federal government shutdown, ordering a halt to processing November applications until a deal is reached to end the federal standstill.
More than 20,000 people – most of them children – receive monthly benefits aimed at helping them buy food and other basic supplies through North Carolina’s welfare program, called Work First, which is fully funded by the federal government. Recipients must reapply each month.
And as Mac Slavo recently detailed, the USDA was already planning to cut off food stamp assistance to millions of Americans on November 1st…
We say next month because the USDA, which oversees the Supplemental Nutritional Assistance Program (SNAP), has just issued an order to SNAP agency directors calling for their respective States to implement an emergency contingency program because of government funding issues. In a letter obtained by the Crossroads Urban Center food pantry, the USDA is directing state agencies to, “delay their November issuance files and delay transmission to State Electronic Benefit Transfer (EBT) vendors until further notice.”
What this means is that should Congress fail to increase the debt ceiling this week, come November there will literally be millions of people in the United States who will have exactly zero dollars transferred to their EBT cards.
What will happen to the nearly 50 million people who depend on these benefits to survive?
In Utah, Fox News 13 in Salt Lake City reported that a local provider recently received a letter from the USDA sticking to the November 1 cut-off date.
“This is going to create a huge hardship for the people we serve here in our food pantry,” Bill Tibbits, Associate Director at Crossroads Urban Center, told Fox News 13.
“What this means [is] if there’s not a deal, if Congress doesn’t reach a deal to get federal government back up and running, in Utah about 100,000 families won’t get food stamp benefit,” added Tibbits.
The USDA letter says in part, “in the interest of preserving maximum flexibility, we are directing states to hold their November issuance files and delay transmission to state electronic benefit transfer vendors until further notice.”
So what would have happened if tens of millions of Americans suddenly had their food stamp benefits cut off without warning?
Well, what happened last weekend can give us a few clues. Just check out what happened at one Wal-Mart in Mississippi…
Customers staged a disturbance then walked out of a Mississippi Walmart store with groceries that hadn’t been paid for Saturday night after a computer glitch left them unable to use their food stamp cards.
People in 17 states found themselves unable to buy groceries with their Supplemental Nutrition Assistance Program cards after a routine check by vendor Xerox Corp. resulted in a temporary system failure.
Shortly after the mini-riot, managers decided to temporarily close the store, citing customer safety.
Due to this technical glitch, many parents were left wondering how they were going to feed their families. If this is the kind of anger that is unleashed over a single failed trip to the grocery store, what would we see if this kind of thing went on for an extended period of time?
At some Wal-Mart stores down in Louisiana, EBT cards were not showing any limits on Saturday night, and within two hours many store shelves in the grocery section were completely cleared of merchandise…
Shelves in Walmart stores in Springhill and Mansfield, LA were reportedly cleared Saturday night, when the stores allowed purchases on EBT cards even though they were not showing limits.
The chaos that followed ultimately required intervention from local police, and left behind numerous carts filled to overflowing, apparently abandoned when the glitch-spurred shopping frenzy ended.
Springhill Police Chief Will Lynd confirms they were called in to help the employees at Walmart because there were so many people clearing off the shelves. He says Walmart was so packed, “It was worse than any black Friday” that he’s ever seen.
Sadly, this was only a very small preview of the massive food stamp riots that are eventually coming to America. I like how Mike Adams explained what we are likely to see in the future…
Why does any of this matter? Because this is exactly the same way these people will behave when the federal government goes into default and nearly 50 million EBT cards stop working nationwide.
Fifty million. Consider that for a moment. Most of those 50 million people live in high-density cities. Many are proud owners of Obama phones, Obama food stamps, Obama unemployment checks and Obama subsidized housing. They have absolutely no clue that the government upon which they wholly depend to put food on the table is teetering on the verge of permanent collapse. (Seriously, they cannot conceive of the idea of government “running out of money” because they do not understand where money comes from.) Because of this distorted belief, they do not prepare for any future events other than more Obama handouts. Their entire “preparedness” plan is to vote for Democrats, because that’s who they know will give them the most handouts. And they will always win the popular vote, too, because any politician promising to restore responsible fiscal spending to the government by cutting programs will be viciously accused of being “mean” or involved in “hating poor people.” So the government handouts will only ratchet higher and higher, ensnaring more and more people, until the entire system is unsustainable and collapses under its own weight.
When that system of dependence fails, those who depend on it will panic in mere hours. As proof of this, consider the fact that this mass looting of Wal-Mart stores happened in less than three hours after the Saturday EBT card glitch struck. Police had to be called in to prevent the situation from getting completely out of control, and it was offline for only part of one day.
Now imagine what will happen when EBT cards go offline for 24, 48 or even 72 hours. And imagine it happening in every U.S. city simultaneously.
Of course not all Americans would go wild when food stamp benefits are cut off.
Other Americans express their desperation in other ways. According to Bloomberg, an increasing number of people are starting to sell hair, breast milk and their own eggs in a desperate attempt to make ends meet…
Hair, breast milk and eggs are doubling as automated teller machines for some cash-strapped Americans such as April Hare.
Out of work for more than two years and facing eviction from her home, Hare recalled Louisa May Alcott’s 19th-century novel and took to her computer.
“I was just trying to find ways to make money, and I remembered Jo from ‘Little Women,’ and she sold her hair,” the 35-year-old from Atlanta said. “I’ve always had lots of hair, but this is the first time I’ve actually had the idea to sell it because I’m in a really tight jam right now.”
The mother of two posted pictures of her 18-inch auburn mane on www.buyandsellhair.com, asking at least $1,000 and receiving responses within hours. Hare, who also considered selling her breast milk, joins others exploring unconventional ways to make ends meet as the four-year-old economic expansion struggles to invigorate the labor market and stimulate incomes.
We have moved into a time when things are becoming increasingly unstable and when people are becoming increasingly desperate.
In an attempt to keep order, the authorities will become increasingly forceful in the years ahead. At this point, many law enforcement officers already believe that there is very little that they cannot do to exert their “authority” over the rest of us. Just check out video of a drunk off-duty police officer “arresting” a woman that refused to go out on a date with him right here. Sadly, this type of behavior is becoming way too common these days.
And it looks like major financial institutions are getting ready for the chaos that is eventually coming as well. In fact, according to an article by Paul Joseph Watson, Chase Bank is now placing a limit on cash withdrawals and is banning business customers from sending wire transfers out of the country…
Chase Bank has moved to limit cash withdrawals while banning business customers from sending international wire transfers from November 17 onwards, prompting speculation that the bank is preparing for a looming financial crisis in the United States by imposing capital controls.
Numerous business customers with Chase BusinessSelect Checking and Chase BusinessClassic accounts have received letters over the past week informing them that cash activity (both deposits and withdrawals) will be limited to a $50,000 total per statement cycle from November 17 onwards.
Fortunately, the chaos that would have been unleashed if Congress had not made a deal has now been delayed for a few months.
But by kicking the can down the road, our politicians continue to make our long-term problems even worse. Either we are going to have tremendous pain now, or we are going to have even worse pain later. Peter Schiff explained the choice that we are facing this way…
If Republicans were to inexplicably prevail, and the federal government were to cut spending so that its expenditures matched its tax revenues (a truly radical idea) the country’s financial mess would be laid bare. The government would have to weigh the relative costs and benefits of making interest payments on Treasury debt (primarily to foreign creditors) or to trim entitlements promised to U.S. citizens. But those are choices we will have to make sooner or later anyway. In fact we should have dealt with these issues years ago. But generations of mechanistic debt ceiling increases have allowed us to perpetually kick the can down the road. What could possibly be gained by doing it again, particularly if it is done with no commitment to change course?
The Democrats’ argument that America needs to pay its bills is just hollow rhetoric. Paying off one’s Visa bill with a new and bigger MasterCard bill can’t be considered a legitimate payment of debt. At best it is a transfer. But in the government’s case, it doesn’t even qualify as that. Treasury debt is primarily bought by the Fed, foreign central banks, and major financial institutions. None of that will change with a debt ceiling increase. We will just go to the same people for greater quantities. So it’s like paying off your Visa card with a bigger Visa card.
We are living on borrowed time that has been purchased by stealing money from future generations.
We are literally destroying the future in order to make the present more palatable.
But whether it is this year, or next year or the year after that, at some point we are going to experience the pain that results from decades of incredibly foolish decisions.
If Americans will trample one another just to save a few dollars on a television, what will they do when society breaks down and the survival of their families is at stake? Once in a while an event comes along that gives us a peek into what life could be like when the thin veneer of civilization that we all take for granted is stripped away. For example, when Hurricane Sandy hit New York and New Jersey there was rampant looting and within days people were digging around in supermarket dumpsters looking for food. Sadly, “Black Friday” also gives us a look at how crazed the American people can be when given the opportunity. This year was no exception. Once again we saw large crowds of frenzied shoppers push, shove, scratch, claw, bite and trample one another just to save a few bucks on cheap foreign-made goods. And of course most retailers seem to be encouraging this type of behavior. Most of them actually want people frothing at the mouth and willing to fight one another to buy their goods. But is this kind of “me first” mentality really something that we want to foster as a society? If people are willing to riot to save money on a cell phone, what would they be willing to do to feed their families? Are the Black Friday riots a very small preview of the civil unrest that is coming when society eventually breaks down?
Once upon a time, Thanksgiving was not really a commercial holiday. It was a time to get together with family and friends, eat turkey and express thanks for the blessings that we have been given.
But in recent years Black Friday has started to become even a bigger event than Thanksgiving itself.
Millions of Americans have become convinced that it is fun to wait in long lines outside retail stores in freezing cold weather in the middle of the night to spend money that they do not have on things that they do not need.
And of course very, very few “Black Friday deals” are actually made in America. So these frenzied shoppers are actually killing American jobs and destroying the U.S. economy as well.
The absurdity of Black Friday was summed up very well recently in a statement that has already been retweeted on Twitter more than 1,000 times…
“Black Friday: because only in America people trample each other for sales exactly one day after being thankful for what they already have.”
It has gotten to the point where it is now expected that there will be mini-riots all over the country early on Black Friday morning each year. The following are a few examples of the craziness that we saw this year…
Fortunately, many Americans are starting to get fed up with Black Friday. In fact, one activist named Mark Dice actually went out and heckled Black Friday shoppers this year. I found the following You Tube video to be very funny, and I think most of you will too…
In the end, it is not that big of a deal that people want to fight with one another to save 50 dollars on a cell phone.
But this kind of extreme selfishness and desperation could become a massive problem someday if society breaks down and suddenly millions of extremely selfish and desperate people are scrambling for survival.
With each passing day our economy is getting even weaker, and the next wave of the economic collapse is rapidly approaching. What are people going to do when the next spike in unemployment hits us and nobody can find work?
To get an idea of where things are headed, just look at Europe. In both Greece and Spain the unemployment rate is over 25 percent and civil unrest has become almost a constant problem in both of those countries.
So what kind of riots will we see in the United States when the economy gets much worse than it is now?
Already there are signs of social decay all around us, and most Americans are completely unprepared for what will happen if a major disaster or emergency does strike.
Sadly, the reality is that most Americans live on a month to month basis. Most families do not have any emergency savings to speak of, and one recent poll found that 55 percent of all Americans only have enough food in their homes to survive for three days or less.
To me, that is an absolutely insane number.
We just came through a summer of extreme drought and global food supplies have dropped to a 40 year low. Our world is becoming increasingly unstable, and the global financial system could fall apart at any time. Most of us just assume that there will always be huge amounts of very cheap food available to us, but unfortunately that simply is not a safe assumption. The following is from a recent article in the Guardian…
Evan Fraser, author of Empires of Food and a geography lecturer at Guelph University in Ontario, Canada, says: “For six of the last 11 years the world has consumed more food than it has grown. We do not have any buffer and are running down reserves. Our stocks are very low and if we have a dry winter and a poor rice harvest we could see a major food crisis across the board.”
“Even if things do not boil over this year, by next summer we’ll have used up this buffer and consumers in the poorer parts of the world will once again be exposed to the effects of anything that hurts production.”
When I watch my fellow Americans trample one another to get a deal on a television or a video game, it makes me wonder what they would be willing to do if they went to the store someday and all the food was gone.
Desperate people do desperate things, and someday if there was a major economic breakdown in the United States I think the level of desperation in this country would be extremely frightening.
So what do you think? Please feel free to post a comment with your thoughts below…
Will the most divisive campaign in modern American history culminate in massive riots in our major cities? Right now, supporters of Barack Obama and supporters of Mitt Romney are both pinning all of their hopes on a victory on November 6th. The race for the presidency is extremely tight, and obviously the side that loses is going to be extremely disappointed when the election results are finalized. But could this actually lead to violence? Could we actually see rioting in communities all over America? Well, the conditions are certainly ripe for it. A whole host of surveys over the past few years have shown that Americans are very angry and very frustrated right now. In fact, a Pew Research Center poll from late last year found that 86 percent of all Americans are either angry or frustrated with the federal government. We have seen this frustration manifest in protest movements such as the Tea Party and Occupy Wall Street, but right now things are fairly calm as liberals and conservatives both look forward to November 6th. Many Republicans started the countdown to the next election literally the day after John McCain lost back in 2008. All of their hopes of getting Obama out of the White House are riding on a Romney victory. For many Democrats, Barack Obama is a “once in a generation” icon. Just the thought of Mitt Romney replacing Obama in the White House is enough to push many of them to the brink of insanity. In recent years we have seen horrible rioting erupt in cities after major sports championship games. How much worse could the rioting potentially be if this bitterly contested election is decided by a very narrow margin – especially if there are allegations that the election is “stolen”?
The election is nearly four weeks away, and many Obama supporters are already threatening to riot if Obama loses. The following are some very disturbing messages that were posted on Twitter recently that have been reposted on Twitchy.com….
“If Romney wins I’m Starting a Riot….Who’s WIT ME???”
“I Hope The USA Is Well Aware That If In The Event This Character Romney Wins The Election, The People Will Start A Country Wide Riot! #Power”
“If Romney is elected president, its gon be a riot its gon be a riot.”
“If ROMNEY GETS IN THE WHITE HOUSE …U MIGHT AS WELL KILL ME NOW …..CAUSE ITS GONNA BE A ************ RIOT !!!”
“If Romney became President and took away welfare Downtown Cincinnati would become a riot”
“If Romney takes away food stamps 2 Chainzz in this bit IMMA START A RIOT”
“If Romney wins. (which i highly doubt) THERE WILL BE A RIOT—”
The following are a few more tweets that I found which threaten a potential riot if Obama loses the election….
Over in Ohio, a huge pile of manure was dumped right in front of Warren County Democratic headquarters early on Tuesday morning….
Volunteers at the Warren County Democratic headquarters, just north of Cincinnati, were shocked and disappointed by a political prank unloaded on them early Tuesday morning – someone dumped a pile of horse manure in the parking lot of the headquarters building on US 42, just north of Lebanon.
It appears that both sides have resorted to literally slinging crap around.
There is so much hate in America today, and this campaign is bringing a lot of it to the surface. It is even being reported that a bus driver told a 12-year-old boy that he should have been aborted because his family has a Romney campaign sign in their yard….
Belling read a letter from the 12-year-old boy’s mother, detailing the alleged abusive behavior by the bus driver.
Apparently, the Romney-Ryan yard sign bugs the bus driver and she’s been harassing the boy, making rude comments to him related to politics.
When the driver engaged the 12-year-old boy in a political conservation, he responded by saying that Obama is pro-abortion.
The bus driver allegedly said to the child, “Maybe your mom should have chosen abortion for you.”
How sick is that?
You can strongly disagree with someone without being mean and without being hateful.
Right now, the United States is a bubbling cauldron of frustration and anger that could be set off at any moment. This election could potentially be a “trigger point” which could end up unleashing a lot of that anger and frustration.
Evidence has also emerged that Democrats have been willing to assist voters in registering to vote in two different states. The following is from a recent article by Mac Slavo….
When undercover reporters visited various locations across the country they received the same response from Obama campaign staffers – that it’s basically okay to vote multiple times if you happen to be registered in two or more states.
In Houston, Texas, for example, the Project Veritas reporter made her intentions known, and rather than being rebuffed for her planned illegal activity, she was provided assistance with obtaining the proper forms to be registered in two states and was told to say “I don’t know” if the double-voting ever became an issue.
Similar situations unfolded at other DNC funded community organizations.
It appears quite probable that whichever side loses this election will accuse the other side of stealing the election.
And if millions of Americans feel that the election has been stolen from them, that will make it much more likely that we will see rioting.
Keep your ears open for phrases such as “voter fraud” and “election fraud” following this election. People are so angry already that even allegations that someone stole the election could be enough to set the streets of America on fire.
As always, let us hope for the best, but let us also prepare for the worst.
Have you seen video of the teacher protests that are going on in Wisconsin? We haven’t seen anything like this in America in quite some time. If you haven’t seen video of the protests yet, some very good raw footage is posted below. On the one hand it is good to see Americans coming together and standing up for what they believe in, but on the other hand what these teachers are freaking out about shows just how much America has changed. These teachers are not protesting for liberty, freedom or to change the government. Rather, they are protesting because they want things to remain the same. They simply don’t want anyone to mess with their pay. Well, the truth is that none of us ever wants to experience a pay cut. It is not a lot of fun. But sadly, states like Wisconsin are so broke that they have to find cuts somewhere. Someone is going to have to make a sacrifice. The teachers in Wisconsin just want to make sure that it is not them.
In the United States today, state and local governments are facing unprecedented budget crunches. Tax revenues are way down and expenses are way up. State and local government debt has reached at an all-time high of 22 percent of U.S. GDP, and many state and local governments are teetering on the brink of insolvency.
States like Wisconsin have to do something or else they will collapse financially. Wisconsin is facing a $3.6 billion budget deficit (which for that state is huge), and Wisconsin Governor Scott Walker and the Republicans in the legislature are attempting to make some tough cuts.
In particular, they want public employees to pay a little more towards their health care premiums and pension programs. In fact, what the Republicans are proposing would still leave Wisconsin public employees contributing far less to health care and pensions than their private sector counterparts.
Scott and I are very close friends. We e-mail each other quite a bit… He’s basically saying that state workers which have extremely generous benefits packages relative to their private sector counterparts, they contribute next to nothing to their pensions, very, very little in their health care packages.
He’s asking that they contribute about 12 percent for their health care premiums, which is about half of the private sector average, and about 5.6 percent to their pensions. It’s not asking a lot. It’s still about half of what private sector pensions do and health care packages do.
So he’s basically saying “I want you public workers half of what your private sector counterparts do” and he’s getting riots. It’s like Cairo has moved to Madison these days.
These proposed changes have caused a massive uproar in Wisconsin. Just check out the following raw video footage from the last few days….
But this is what we have come to as a nation. Almost everyone agrees that reducing government debt is a good thing “in theory”, but whenever anyone starts to put forward some specific proposals to cut government spending it makes those that will be affected by the cuts extremely upset.
Just look at what is happening with the federal government. Republicans and Democrats are both frothing at the mouth over extremely small budget cuts that have been proposed. Virtually none of our national politicians are even willing to discuss budget cuts that would actually make a serious dent in our budget deficits.
But we have got to do something. Spending by the U.S. government is spinning wildly out of control. Back in 1970, the U.S. government only spent about 200 billion dollars for the whole year. Well, this year the federal government is going to spend somewhere around 3.6 trillion dollars, and Barack Obama’s newest budget proposal calls for U.S. government spending to increase to 5.6 trillion dollars by the year 2021. If the government continues to spend money at such a rapid pace it is going to completely wipe out our entire economic system….
But it is not just the U.S. government that is spending like a drunken sailor. Most of our state governments are complete financial disaster zones at this point as well.
As I have written about previously, the state of Illinois is such a financial disaster zone that it is hard to even describe. According to 60 Minutes, the state of Illinois is six months behind on their bill payments. 60 Minutes correspondent Steve Croft asked Illinois state Comptroller Dan Hynes how many people and organizations are waiting to be paid by the state, and this is how Hynes responded….
“It’s fair to say that there are tens of thousands if not hundreds of thousands of people waiting to be paid by the state.”
Something has got to be done about our national addiction to debt.
Government spending has to be dramatically cut. All of us are going to have to make sacrifices. We simply cannot continue to spend far, far, far more than we bring in.
But we are Americans – we do not like to make sacrifices.
Our founding fathers warned us about this. They warned that when the American people figured out that they could vote themselves money out of the U.S. Treasury it would greatly endanger our republic.
Unfortunately that is exactly what is happening today. The vast majority of government spending on both the national and state levels consists of direct payments to individuals of one sort or another.
The American people have become addicted to the bread crumbs that they receive from the hand of their master.
This is not what our republic was supposed to look like.
As the U.S. economy continues to decline, we are going to see a lot more riots like we have seen in Wisconsin. Once the American people realize that the “good times” are over, all hell is going to break loose.
Already the anger and the frustration of the American people is starting to boil over. Unfortunately, that anger and frustration is focused in 1000 different directions. The ruling elite and the establishment media are constantly encouraging us to hate one another. I recently wrote about this phenomenon in an article on another website….
The truth is that the “establishment” is constantly trying to divide us and get us fighting with one another. They pit the Republicans against the Democrats (even as though control both sides). They pit one race against another. They pit one gender against another. We are told that the rich are against the poor, the north is against the south, urban is against rural and that there are even “generational battles” going on. Frustration and hate are rapidly growing in the United States today, and a lot of that frustration and hate is unfortunately aimed at the targets that the mainstream media has programmed all of us to hate. Meanwhile, those at the top of the pyramid who are controlling the whole game love it when we are divided because we can never become united and challenge their control.
Unfortunately, America is more divided today than ever. Our extreme affluence has kept the thin veneer of civilization that we all take for granted from disappearing so far, but once our affluence is gone all of the hate and frustration in society is going to come bubbling to the surface and it is going to be horrifying to behold.
Once the economic collapse happens, most Americans are not going to take it sitting down. Most Americans are going to want someone to blame. Most Americans are going to want to lash out somehow.
America today is like a big, fat spoiled baby that is about to have its favorite pacifier permanently taken away. America is going to whine and cry and complain like there is no tomorrow.
For decades the financial “gloom and doomers” have been warning about what would happen to this country if we didn’t get our house in order, but nobody wanted to listen. Everyone just kept piling up more debt as if it would never be a problem.
Well, now our entire country is covered in red ink. Large numbers of state and local governments across the country are on the verge of defaulting on their debts, and they are hoping that the federal government will bail them out. The federal government has already accumulated the biggest pile of debt the world has ever seen and continues to behave as if we can just keep borrowing and spending massive amounts of money forever.
There is no way out of this nightmare under the current system. Taxing people more is not going to solve our problems. Taxing people less is not going to solve our problems.
We have gotten to the point where it is inevitable that the debt bubble that we have created is going to burst. Our politicians can try to delay it for a while, but in the end the whole house of cards is going to come crashing down.
When the U.S. economy does totally collapse, it is going to make the riots that we have seen in Egypt and throughout the Middle East this year seem tame by comparison.
What we are witnessing right now in Wisconsin are just the “birth pains”. The American people don’t want to “tighten their belts”. In fact, most Americans have absolutely no idea what “hard times” would even look like. When things go from bad to worse we are going to see temper tantrums in this country like we have never seen before.
So get ready. Unless there is some kind of dramatic transformation in this country, in the years ahead we are going to see some horrific economic riots.
It would be nice if we had a brighter future to look forward to, but we don’t do ourselves any favors by living in denial.
So what do you all think about what has been going on in Wisconsin? Do you all believe that we could see huge economic riots inside America in the years ahead? Feel free to leave a comment with your opinion below….