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

The Prepper's Blueprint

The Mystery Of The Shemitah
Don't Buy Survival Food Until You Read This - If you stockpile the wrong foods, you could be setting your family up to starve. It sounds harsh, but the truth is too many people with good intentions are making critical mistakes with their food stockpiles. Watch this video now >>
The End of Obama? Approaching Obama scandal could change the White House Administration and our country overnight... Click Here
Gold Buying Guide: Golden Eagle Coins

Archives

Young Living Thieves Oil Spray

The Dow Hits An All-Time High! Translation: A Bubble Is Always Biggest Right Before It Bursts

The Dow Hits An All-Time High! Translation: A Bubble Is Always Biggest Right Before It Bursts - Photo by KazekiReckless money printing by Federal Reserve Chairman Ben Bernanke has pumped up the Dow to a brand new all-time high.  So what comes next?  Will the Dow go even higher?  Hopefully it will.  In fact, it would be great if the Dow was able to hit 15,000 before it finally came crashing down.  That would give all of us some more time to prepare for the nightmarish economic crisis that is rapidly approaching.  As you will see below, the U.S. economy is in far, far worse shape than it was the last time the Dow reached a record high back in 2007.  In addition, all of the long-term trends that are ripping our economy to shreds just continue to get even worse and our debt just continues to explode.  Unfortunately, the Dow has become completely divorced from economic reality in recent years because of Fed manipulation.  All of this funny money that the Federal Reserve has been cranking out has made the wealthy even wealthier, but this bubble will not last for too much longer.  What goes up must come down.  And remember, a bubble is always biggest right before it bursts.

Fortunately, it looks like an increasing number of people out there are starting to recognize that the primary reason why stocks have been going up is because of the Fed.  Just check out this excerpt from a recent article by the USA Today editorial board...

The Federal Reserve's purchases have driven interest rates to near zero. This has stimulated the economy but not without cost. Savers, particularly older ones trying to live on income from their investments, are starved for safe options. They've been forced into stocks, which is one reason the market has been acting as if it's on steroids. Further, with borrowing costs low, Congress and the White House have less incentive to rein in the national debt. Rock-bottom interest rates have also distorted markets.

The best indication that the Fed's bond-buying purchases are pushing stocks up artificially is that investors run for cover whenever there is a hint that the Fed might change course, as happened recently. On Monday, billionaire superinvestor Berkshire Hathaway CEO Warren Buffett told CNBC that markets are on a "hair trigger" waiting for signs of change from the Fed. The market is "hooked on the drug" of easy money, Dallas Fed President Richard Fisher told Reuters.

Fisher's comparison of Fed policies to a drug is apt. Markets might not like the idea of the drug being withdrawn now, when the Fed holds a portfolio of $3 trillion. But the withdrawal symptoms will be a lot worse once the portfolio grows to $4 trillion, or more.

Those sentiments were echoed by Gordon Charlop, a trader at Rosenblatt Securities, during a recent appearance on CNBC...

"The Wizard of the Fed, Ben [Bernanke], has done a great job propping up the market, but the question is how does the wizard move the pin from the balloon without blowing the whole thing up?" said Charlop. "This is getting out of balance and he's got to figure out a way to justify the levels that we've gotten to and draw back on some of the stimulus."

Of course, in the end, the bursting of this bubble is going to be very messy.

The Fed has dramatically distorted the market in an attempt to make things look good, but now the financial markets are completely and totally addicted to easy money.  Is there any chance that the Fed will be able to take away that easy money without causing disaster?

There are only a few ways that this current scenario can play out.  The following is what Stanley Druckenmiller recently told CNBC...

"I don't know when it's going to end, but my guess is, it's going to end very badly; and it's going to end very badly because, again, when you get the biggest price in the world, interest rates, being manipulated you get a misallocation of resources and this is going to end in one of two ways - with a malinvestment bust which we got in '07-'08 (we didn't get inflation). We got a malinvestment bust because of the bubble that was created in housing. Or it could end with just monetizing the debt and off we go in inflation. So that's a very binary outcome - they're both bad."

What the Fed has done to the money supply in recent years has been absolutely unprecedented.  Just check out how our money supply has skyrocketed since the last financial crisis...

M1 Money Supply

So what happens when the amount of money in an economy rises rapidly?

Well, if I remember Econ 101 correctly, that would mean that prices should go up.

And that is exactly what has happened.  And since most of the money that the Fed has created has gone into the financial system first, it should not be a surprise that we have seen a bubble in financial assets.

In a previous article that I wrote last September, I warned that QE3 would cause stocks to go up...

So what have the previous rounds of quantitative easing accomplished?  Well, they have driven up the prices of financial assets.  Those that own stocks have done very well the past couple of years.  So who owns stocks?  The wealthy do.  In fact, 82 percent of all individually held stocks are owned by the wealthiest 5 percent of all Americans.  Those that have invested in commodities have also done very nicely in recent years.  We have seen gold, silver, oil and agricultural commodities all do very well.  But that also means that average Americans are paying more for basic necessities such as food and gasoline.  So the first two rounds of quantitative easing made the wealthy even wealthier while causing living standards to fall for all the rest of us.  Is there any reason to believe that QE3 will be any different?

Of course not.

So will stocks continue to go up indefinitely?

No way.

As I have also written about previously, the money printing that the Fed is doing right now is not nearly enough to stop the mammoth derivatives crisis that is coming.

A derivatives crisis was one of the primary reasons for the financial crash of 2008, but most Americans still have no idea what derivatives are.

They can be very complex, but I think that it is easiest just to think of them as side bets.

When someone buys a derivative, they are not buying anything real.  They are simply betting that something will or will not happen.

For example, if you bet $100 that the Chicago Cubs will win the World Series this year, would you be "investing" in anything real?

Of course not.

Well, it is the same with most derivatives.

Today, Wall Street has become the biggest casino in the entire world and trillions of dollars of very reckless bets have been made.

In fact, most Americans would be absolutely shocked to learn how exposed to derivatives some of our largest financial institutions are.  The following is an excerpt from one of my previous articles entitled "The Coming Derivatives Panic That Will Destroy Global Financial Markets"...

It would be hard to overstate the recklessness of these banks.  The numbers that you are about to see are absolutely jaw-dropping.  According to the Comptroller of the Currency, four of the largest U.S. banks are walking a tightrope of risk, leverage and debt when it comes to derivatives.  Just check out how exposed they are...

JPMorgan Chase

Total Assets: $1,812,837,000,000 (just over 1.8 trillion dollars)

Total Exposure To Derivatives: $69,238,349,000,000 (more than 69 trillion dollars)

Citibank

Total Assets: $1,347,841,000,000 (a bit more than 1.3 trillion dollars)

Total Exposure To Derivatives: $52,150,970,000,000 (more than 52 trillion dollars)

Bank Of America

Total Assets: $1,445,093,000,000 (a bit more than 1.4 trillion dollars)

Total Exposure To Derivatives: $44,405,372,000,000 (more than 44 trillion dollars)

Goldman Sachs

Total Assets: $114,693,000,000 (a bit more than 114 billion dollars - yes, you read that correctly)

Total Exposure To Derivatives: $41,580,395,000,000 (more than 41 trillion dollars)

That means that the total exposure that Goldman Sachs has to derivatives contracts is more than 362 times greater than their total assets.

When the derivatives crash happens, there won't be enough money in the entire world to fix it.

So enjoy this little stock market bubble while you can.

It will end soon enough.

And of course stocks should not be this high in the first place.  The underlying economic fundamentals do not justify these kinds of stock prices whatsoever.

A recent CNN article noted that the last time the Dow hit a record high that unemployment in the U.S. was much lower...

Consider this. When the Dow hit its now old record high back in October 2007, the economy was still in good shape -- although it was just a few months away from the beginning of the Great Recession.

The unemployment rate in October 2007 was 4.7%. In January of this year, the unemployment rate was 7.9%.

And that same article also pointed out that GDP growth and housing prices were also much stronger back in 2007...

Gross domestic product grew 3% in the third quarter of 2007. Revised figures from the government last week showed that GDP in the fourth quarter of 2012 rose a scant 0.1%. But I guess that's good news considering the first estimate showed a 0.1% decline.

And despite all the hoopla about the steady recovery in the housing market over the past year, real estate is still in a bear market. The most recent level of the S&P Case-Shiller 20-City Home Price Index, one of the most widely watched gauges of the health of housing, is still 24% below where it was in October 2007.

We have never even come close to recovering from the last economic crisis.  Most Americans seem to have forgotten how good things were back then, but a recent Zero Hedge article included some more points of comparison between October 2007 and today...

  • Dow Jones Industrial Average: Then 14164.5; Now 14164.5
  • Regular Gas Price: Then $2.75; Now $3.73
  • GDP Growth: Then +2.5%; Now +1.6%
  • Americans Unemployed (in Labor Force): Then 6.7 million; Now 13.2 million
  • Americans On Food Stamps: Then 26.9 million; Now 47.69 million
  • Size of Fed's Balance Sheet: Then $0.89 trillion; Now $3.01 trillion
  • US Debt as a Percentage of GDP: Then ~38%; Now 74.2%
  • US Deficit (LTM): Then $97 billion; Now $975.6 billion
  • Total US Debt Oustanding: Then $9.008 trillion; Now $16.43 trillion
  • US Household Debt: Then $13.5 trillion; Now 12.87 trillion
  • Labor Force Particpation Rate: Then 65.8%; Now 63.6%
  • Consumer Confidence: Then 99.5; Now 69.6

And of course anyone that reads my site regularly knows that the U.S. economy has been in a state of persistent decline over the past several years.

Just consider the following data points...

-The percentage of the civilian labor force in the United States that is actually employed has been steadily declining every single year since 2006.

-In 2007, the unemployment rate for the 20 to 29 age bracket was about 6.5 percent.  Today, the unemployment rate for that same age group is about 13 percent.

-According to one study, 60 percent of the jobs lost during the last recession were mid-wage jobs, but 58 percent of the jobs created since then have been low wage jobs.

-Median household income in America has fallen for four consecutive years.  Overall, it has declined by more than $4000 during that time span.

-At this point, an astounding 53 percent of all American workers make less than $30,000 a year.

That is the other side of the Fed's insidious money printing.  Incomes in the United States are going down, but the cost of living is skyrocketing.  This is squeezing millions of Americans out of the middle class...

When Debbie Bruister buys a gallon of milk at her local Kroger supermarket, she pays $3.69, up 70 cents from what she paid last year.

Getting to the store costs more, too. Gas in Corinth, Miss., her hometown, costs $3.51 a gallon now, compared to less than three bucks in 2012. That really hurts, considering her husband's 112-mile daily round-trip commute to his job as a pharmacist.

Perhaps you can identify with this.  Perhaps your paychecks are about the same as they used to be back in 2007 but the cost of living has gone up dramatically since then.

I wish I could tell you that things were going to get better, but unfortunately there are all kinds of indications that things are about to get even worse for the U.S. economy.  If you doubt this, just read this article and this article.

Yes, the Dow is at an all-time high.  But do you want to know what else has hit an all-time high up in New York?

Homelessness.

The following is from a recent report in the New York Times...

An average of more than 50,000 people slept each night in New York City's homeless shelters for the first time in January, a record that underscores an unsettling national trend: a rising number of families without permanent housing.

And apparently families and children have been hit particularly hard over the past year...

More than 21,000 children—an unprecedented 1% of the city's youth—slept each night in a city shelter in January, an increase of 22% in the past year, the report said, while homeless families now spend more than a year in a shelter, on average, for the first time since 1987. In January, an average of 11,984 homeless families slept in shelters each night, a rise of 18% from a year earlier.

Of course New York is far from alone.  There has been a surge in homelessness all over the United States.  In fact, at this point more than a million public school students in the United States are homeless.  This is the first time that has ever happened in U.S. history.

But the Dow just hit a record high so we should all be wildly happy, right?

Hopefully we can get more Americans to understand that the "prosperity" that we are enjoying right now is just an illusion.  It isn't real.  It is a bubble created by reckless money printing by the Fed and reckless borrowing by the U.S. government.  If you can believe it, the U.S. government borrowed another 253 billion dollars during the month of February alone.

The Fed and the U.S. government will continue to engage in this kind of reckless behavior until the bubble eventually bursts.

So what should all the rest of us do?

We should be feverishly preparing for the hard times that are coming.  As Daisy Luther recently wrote about, one of the most important things to do is to create an emergency fund.  Instead of going out and blowing your money on the latest toys and gadgets, set some money aside so that you will have something to live on if the economy crashes and you suddenly lose your income.

Just remember what happened back in 2008.  Millions of Americans suddenly lost their jobs, and because many of them had no financial reserves, a lot of Americans suddenly could not pay their mortgages and they lost their homes.

So put some money away in a place where it will be safe - and that does not mean the stock market.

Jim Cramer of CNBC and a lot of the other talking heads on the financial news channels are trying to encourage ordinary Americans to jump into "the bull market" right now and make some money, and many people will take their advice.

But the truth is that a bubble is always biggest right before it bursts.

This bubble is awfully big right now, and I don't know how much larger it can possibly get.

Stock Market Bubble

Be Sociable, Share!
  • Mondobeyondo

    The Dow Jones sits on a record high wall.
    The Dow could be in for a really great fall.
    All Bernanke’s horses, and all Bernanke’s men
    Won’t be able to put the Dow together again.

    • Ayn Rand

      Mondo…. That was perhaps the greatest comment i have EVER seen on this blog.

    • Roger Smith

      I got one:
      Hickory dickory DOW
      Though Ben thinks he’s the cat’s meow
      When the market does drop
      The party will stop
      WWIII starts now

      • http://profile.yahoo.com/RIFONMZRDT3C4IAR7X6CMCDFOA Benny

        Here’s another:

        Bernanke’s a fool,
        But the MSM licks Obama’s drool,
        and tells us that everything’s cool.
        But lies will not save us,
        From criminals heinous,
        Who are intent to ruin the US

    • markthetruth

      The Fed is ::

      Forever creating bubbles.
      Pretty bubbles in the air.
      They fly so high.
      Nearly reach the sky.
      But then they fall
      Crash and die.

      the end…

      • Alasha

        lol… Dang! Why can’t I think of some catchy rhyme abt this… i spose i am just to braindead…smile

        • markthetruth

          ..”Don;t Suppose”

          …….Just Let go
          ……and it will flow
          ……then you’ll know
          …..how to Compose

          the end

    • markthetruth

      Guess What !

      Ben Don’t Care, He Had You Build the Wall For His Castle. When the Dow Falls His Horses and Men Will Party with All The Gold and Riches. And Your Stuck On the Other Side of The Wall.

      the end…

    • Jodi

      I agree with Ayn Rand…this is a really great post. I like your unique perspective on all the nonsense that is happening today.

    • Alasha

      lol

  • Mondobeyondo

    The reason why the Dow is reaching record highs:

    —-> QE3 <——

  • A Dodgy Bloke

    The frightening thing about all this is the million of Americans who have no clue what’s happening. I’m not talking about the people on Social Security Disability, Food Stamps, Section Eight, we know those folks will go bat crap. I’m talking about the people in hock, in credit cards , underwater in cars, have homes that have not “recovered”. The nice homes, nice cars and tight money bunch. How are they going to react once they find the world cut from under their feet? Once they find the power shut off the house in foreclosure, and no food no meds, and no money. Once they find out they have been lied to by BHO the MSN and every institution in America. What will happen.

    • Rodster

      So what will happen when the SHTF and people become unhinged? Well that’s what the 2 billion rounds of hollow point bullets purchased by the DHS are for.

      • Handog

        The “inhumane” Hollow points were outlawed by the Geneva convention.
        The US Government can shoot their own people with whatever they choose.

    • SpunkyBunks

      There’s a ton of guns on the streets. Americans will put them to use when the welfare runs out. The sad part is that they will use them against us, the hardest working part of the population. Not the priveleged elites that created this mess to begin with.

    • Makati1

      And many of the same people are on all kinds of prescription drugs. Americans use 40% of the world’s production of prescription drugs. Not to mention the recreational ones.

  • RICHARD

    This is a big game and it will end badly. This time when the stock market crashes nothing will save us not even QE-3,4 or 5 and if you think prices are high now get ready to watch them explode. Everybody is in debt to the eyeballs including Banks, Business, and the average Joe. It would be a good time to get that spring garden in and stock up on food and water and lots and lots of ammo. I fear we are all near the end.. .

    • Syrin

      The purge is coming, and a time for renewal.

      • 2Gary2

        I just dropped a job creator in the toilet. How is that for a purge?

        • Syrin

          Not to worry child. You will not survive what is coming.

        • Robert (qslv)

          Gary, you should re-cycle that job creator into your victory garden.

          • 2Gary2

            night soil

          • Sorcha The Dark Eyed Elf

            collector

        • Rodster

          Gary2 gives a new meaning to the term “s**t for brains”. You can’t expect much from a no information voter and NOW Gary2 has his excuse.

        • http://www.facebook.com/joe.kleinkamp Joe Kleinkamp

          Another toilet joke from Gary2. How many times are you going to have to repeat the fifth grade Gary?

          • 2Gary2

            as often as I hear the equally stupid conservatism.

    • markthetruth

      (The next one is on it’s way though!)

      ” THE NEW U.S. SOCIETY, THE GAMBLERS ”

      While where Watching theStock Market ,They are are staging the prefect storm of Addiction of Legalizing Gambling everywhere and anyway to Gain Lost Revenue . They are going to do any and every way to reel you in. New casino’s going up everywhere, Atlantic city , Cincinnati, China Taking over Casino project in Las Vegas From BYD. We will be inundated With Gambling Talk About Desperation to Rape the people and Destroy their lives, By being
      the enablers. The lottery is one of their easiest revenues. And they know how easy it to addict the Public. Young and Old. Rich and Poor. It does not Discriminate.

      the end…

    • http://twitter.com/PlsCloneNugent Susan Borden

      …my faith is in God, that’s why I’m prepared.

      • peaceangel

        If you look at the past 5000 years of history you would know God doesn’t save people who could have saved themselves.

        We could have saved ourselves from the total economic destruction of the whole world that our politicians have been planning for decades, but we didn’t care and didn’t want to know the truth of what is coming. If you want the truth then go to Canada Free Press and check out “Operation Thunderdome” the name for the plan to collapse the US economy and the US dollar.

        God did not save millions of Christians from things they could have prevented on their own, EVER.

  • K

    Michael yes the bubble is very close. Last attempt to sucker some more people into the market. More proof? In the last 13 months, DHS has purchased. 1. 2 billion rounds of ammunition 2. 7 thousand fully automatic assault weapons. 3. Contracted for spare parts for their weapons, with HK based in Germany. Guess they did not want to take the chance, that an American supplier might cut off their spare parts. 4. The conversion of 2,700 armored, mine resistant vehicles, for use inside the U.S. These vehicles are armored to stop even 50 cal. armor piercing ammo. They have multiple shooting ports, and a machine gun turret on top. This for use inside the U.S. I would say the Government is sure the bubble is about to pop.

  • LifeandLiberty

    This morning I woke and it was no different than yesterday or any other day for that matter other than news and information comes at me at the speed of light. Some have been claiming the sky is falling since the day speech was possible but somehow the sun always manages to come up the next morning. Sorry, but I’m going back to bed and dreamland as it is the only place I can truly be free.

    • disgraceful

      I understand where you’re coming from. I like investigating/researching topics considered ‘conspiracy theory’ and debunking them as well.

      However, the facts regarding fukushima, climate change (regardless of man made or not), ocean level increase and economic catastrophe approaching are instances I can’t dismiss because the available facts speak for themselves…

      Will the world end? Hardly.

      Will there be extreme lifestyle changes? Certainly.

      So, the question remains.

      Do you want to drastically alter your lifestyle and standard of living on your terms or terms outside of your control?

      • LifeandLiberty

        Well, I don’t believe in man-made global warming. We are just along for the ride. Now that does not mean we shouldn’t take care of the environment. What I do know and understand through extensive research by using the UN and IPCC mathematical formula to measure global warming that we would have to end all human activity, no automobiles, no trains, no electricity, no planes, no hospitals, no factory production and kill all domesticated animals used for food to reduce the worlds temperature by 1 degree fahrenheit. – Global Warming is a vehicle by Progressives to attack and destroy economic freedom and a higher standard of living.

        • LifeandLiberty

          By the way, ending those activities would have to cease to exist for 33 years before there would be a 1 degree reduction in the temperature.

      • http://twitter.com/PlsCloneNugent Susan Borden

        I was told by govt. teachers in the 50′s and 60′s that another Arctic Ice Age was coming in my lifetime. Now, its changed to ‘global warming’. Since temperature reporting gauges have been moved to urban, concrete environments from rural, grassy areas, of course, IT APPEARS to be warming. The new virtual currency issued by The New World Order will be tied to our ‘carbon footprints, that is why we have ‘climate change’.

  • Ayn Rand

    Hey guys, I am only 16 and I fear my family may have some difficulty surviving. We have a baby with a former heart condition (still needs to go to the hospital for check ups but the worst is over), 6 kids including the baby and myself, and our father earns a six figure income, but is two weeks on two weeks off at his job. I need hints. We don’t have the money for extensive preps, but we do have some skills. My mother knows how to can, jar, and dehydrate. I know many basic survival knowledge. My dad is former military and specialized in radios. I need some advice on how to BEST make out with these odds…

    • http://www.facebook.com/profile.php?id=1596731290 James B. Hixson

      Buy a farm and feed your family off of it. You being 16 should start learning how to farm and fix farming equipment. Your father earns enough to buy the farm and some equipment to run it. Do it now before it is too late.

    • Makati1

      Anything is preferable to nothing. Think basic necessities first. Food/shelter/water. If you can buy one extra can of something that has a long shelf life every time you shop, and put it in a ‘preparation box’ that you do not touch, it adds up. Plant a few tomato plants between the shrubs around your house. Learn to eat squash. If it grows, it will produce more than you can eat. And surf the web for articles. Don’t fall for the ads that pose as ‘self help’ articles. Try books such as: “The Long Emergency” by James Howard Kunstler or “The Post-Petroleum Survival Guide and Cookbook” by Albert Bates. Both may be available in your local library. Ask for them for your birthday or for Christmas if you don’t have money to buy them yourself. Stay away from economics books or financial advice books as they will be no help. And read the back articles on this site. You have just fallen into the rabbit hole of prepping and you will have to use your own common sense to decide what is important to you. Good Luck!

    • K

      Your Mom sounds like she can take care of the food end. Perhaps you could be in charge of water storage, and purification. There are plastic bathtub liners, that will hold up to 100 gallons. They are usually in the 20 dollar range. Remember the most important thing. If you live in a large city, or within 50 miles of a large city. Leaving will be your most important prep. So make sure some of your preps are easily portable.

    • Orange Jean

      Your concern is refreshing to see in such a young person!

      Mostly, I’d recommend talking with your parents and letting them know how you feel about this … and asking them what can you do to help. Letting them know you’re ready and willing to chip in and help the family would go a long way, I bet. I know from experience that canning is a LOT of work and many hands will help that move along; plus it will help you to learn how to do this for yourself when you are on your own.

      Another idea – if your school has first aid classes including CPR (or if some club in your town does), take them … if you don’t already have that knowledge.

      Consider learning to knit and sew if no one in your family already knows how to do that.

      If you have some kind of part-time job, consider adding to the family storage in a few things they haven’t thought of – like extra toilet paper or salt.

    • disgraceful

      Its important to realize that for sustained long term survival, fishing equipment, trapping material, hunting equipment (emphasis on small game) and seeds with a way of preserving the fruits of your labor are just as important as food storage…you don’t want to consume your stored preps unless you are unable to gather food from the aforementioned methods…

    • Ayn Rand

      Thank you all for the help. I just hope we all make it through this alive… Well… except Bernanke…

    • SaystheFox

      Ayn…We have been counseled for over 180 years to prepare for the
      events that are now upon us. Prophets of God have been the ones giving
      this counsel. All I can tell you is to seriously look into becoming a
      member of “The Church of Jesus Christ of Latter-Day Saints”. We are
      preparing for all of the coming events and we are going to be protected
      by the Lord Jesus Christ as a group. I don’t know how anyone is going
      to survive the coming destruction if they try it alone. Please join
      with us and we will survive together! – John

      • Ayn Rand

        I respectfully decline. I have friends who are of your church and I believe it to be an honorable and decent religion. It is not for me though. Thank you for your offer. Godspeed.

    • Sorcha The Dark Eyed Elf

      All the physical prepping in the world will do you no good unless you are mentally prepped.

  • energizedmortal

    The game is rigged and over. The wealthy are making record profits in preparation for civil and world war. Don’t worry about storing weapons as there will be plenty laying on the ground everywhere. Also know that any gold, silver, food, and/or water that you stock can and will easily be taken or destroyed by foreigners or people in power with tanks, airplanes and nukes. Be ready to die for what you believe in. Most will not survive and the ones that do will be severely traumatized or disabled. It is darkest right before sunrise.

  • Tim

    It seems like everything is an illusion. There are no free markets. The equity markets are manipulated. The U.S. Treasury market is manipulated. The commodity markets, especially, are manipulated. Most government statistics are manipulated (e.g. unemployment). Our currency is manipulated, and we’re feeling the pain of higher prices for food, gas, etc. as a result.

    Most of what comes from the mainstream media is propaganda and designed to keep the masses from panicking. It doesn’t matter what the BLS reports this Friday for the unemployment rate for February. Whether it goes up or down makes no difference. It’s a completely misleading statistic. Even if jobs were created last month, they were most likely low-paying jobs that don’t pay enough for a single person to support themself, let alone support a family.

    If you think about it, our monetary system doesn’t really exist. I can go just about anywhere and buy something with a plastic card that has a magnetic strip. When the credit card bill comes, I log into my account at the credit union where I keep my savings, transfer funds from savings to checking, write a check and mail it to the bank that issued the card. By clicking a mouse and pressing a few keys on my keyboard, I changed some numbers in my account. But it’s just a bunch of numbers on the screen stating that I have a certain amount of money on deposit. If I were to go to the credit union in person tomorrow morning and ask for my entire savings account in cash, they most likely wouldn’t be able to make good on my request.

    It’s all just an illusion.

  • Reality_Seeker

    The Dow rose from 875 in the year of 1981 to 14,000 just over three decades later (1400 / 875 = 16 fold increase) but a rising Dow doesn’t mean a rising quality of life for Mr. & Mrs. amerika (sic). What if the Dow rises (16 x 14,000 = 224000) What then? From this point onward the Dow could rise astronomically—like in the recent case of Zimbabwe— or it could crash, like the great tulip-stock-market crash of 1637 or it could just merely vacillate as the big boys on Wall Street “sell the whip and buy the dip”. Does it really matter to Grandma & Grandpa investor (aka old suckers) what happens from here?

    Demographics of dependency and what really matters:

    The Dow really doesn’t matter. Why? There are at least 105 million recipients of medicaid, medicare, SSI and other government programs and only 115 million full time workers. amerika is approaching a full-time productive worker to a full-time government-dependant ratio of 1:1. Shortly— a lot shorter than many think—those who are dependent upon a government check for the next 20 years or more are going to outnumber the average-amerikan income producer, and once the tipping point is reached, demographically, it’s going to be like the straw that broke the working, camel’s back. Of course, there are a multitude of additional factors which could either slow or accelerate the breaking of camel-amerika’s back, but the demographics of dependency in and by itself will surely do the job.

    10,000 amerikans are reaching the age of retirement every day for the next 20 years, and the camel won’t be able to carry them all. So, just remember, a rising Dow won’t save you if you’re just an average amerikan who doesn’t understand how to game the system.

    • Mondobeyondo

      The Dow is a false sense of security.
      As you watch the points rise, you think you’re gaining instant wealth. Then you discover the true value of your money has plummeted over what it was 5 years ago. Not a fair trade, in my view.

  • Grady

    The Fed’s expansive monetary policy of bond purchases to maintain negative real interest rates continues 3.5 years into the recovery. Of course, the reason for the Fed’s negative interest rates is not to boost the economy but to boost asset values on the books of “banks too big to fail.”

    The low interest rates raise the prices of the mortgage-backed derivatives and other debt-related assets on the banks’ balance sheets at the expense of interest income for retirees on their savings accounts, money market funds, and Treasury bonds

    PCR

  • http://karmaeconomics.blogspot.com/ lavista4u

    DOW will never ever come down, its not how the game is played. Its guaranteed that DOW will touch 20,000 very soon. If you are expecting economic crash “gangnam style” sorry it ain’t gonna happen..its not as simple as it looks.

    They will make Americans suffer while making look DOW going up and up. This is how the main stream media is kept alive while killing you in secret.

    The more DOW goes up, the more misery Americans will have. This is how DOW is related to you. You have got it all reversed if you think DOW will come down. IT WILL NEVER. The alternative media have got it all wrong. You guys just think the opposite of mainstream while truth lies sideways.

    • disgraceful

      I think it would be too obvious that a bubble has detached from economic fundementals if the DOW crept towards 20k.

      At that point, and actually even now…the retail investors have entered into the scene. (See 1929 crash) and when that happens…guess who is waiting for the market to drop in order to purchase up their old portfolio..

    • Mondobeyondo

      Oh, the Dow WILL come down eventually. It may climb to 20,000, and then rapidly plunge to 4,500. Congrats, your 401(k) is now a 4.01(k).

  • markthetruth

    ” Deceptions, Hidden Agendas, Darkness Within, Cloak and Dagger, then Hidden Death ”

    The Laugh is That they now say Quote :

    Wall Street’s record close, signs of continuing U.S. economic recovery.

    Yeah Right! Facts Point Opposite.

    “Some truth there was, but dash’d and brew’d with lies,To please the fools, and puzzle all the wise.”

    the end…

  • http://www.facebook.com/profile.php?id=1381717510 Chris Jaynes

    I find all of these stats interesting, and definitely believable, but I honestly wonder if a bubble will ever burst. We’ve been hearing it for years, how we can’t go on like this much longer, etc. and nothing happens.

    • DiscouragedOne

      Do you call what happened in 2008 “nothing”? Do you really think it can’t happen again but even worse? If you were living beyond your means and using one credit card to pay the other, would you think you could do it indefinitely?

  • Makati1

    If you are not tied to a job there in Philly, you might consider moving to the Carlisle/Harrisburg, PA area. Land will be cheaper there, and there are a lot of local, state, and federal jobs there so the economy is not as bad as in the Philly area. It is my hometown area. I’m from Carlisle and lived in Upper Darby for 3 years so I know Philly before I moved to the Philippines. Carlisle has the Army War College, Dickinson College, a rail connection, a new hospital, and a hometown feeling. It is still mostly surrounded by farmland and the climate is similar to that in Philly. Nearby is the Navy Supply Base in Mechanicsburg and an Army Supply Base in New Cumberland. Stay out of Harrisburg as it is not any better than Philly. Go there some nice Saturday and look around. Good Luck!

  • K

    I would say your first order of business, is securing that house you spoke of. Assume nothing, you want to raise chickens. Make sure where you are looking allows you to raise chickens. You would be surprised, even in rural areas. That are a lot of rules about chickens. Also remember balance. A nice house a good bit out from a major city, is much safer. But with rising fuel cost, how far away from your job can you afford to be. As to gold and silver, you can not eat it. So I would get everything else squared away first. Last, I would just say Welcome home Marine.

    • http://www.facebook.com/earnest.rheault Earnest Rheault

      Most areas will tolerate chickens as long as there is NO roosters, What po’s people is the sunrise seranade that they do.

      • http://twitter.com/PlsCloneNugent Susan Borden

        They also serenade at 10 PM, midnight, 2 and 4 am.

      • TX4Life

        Man, I LOVE hearing my neighbors’ roosters at 6 am on the weekends. Music to my ears as it sounds like “freedom”.

  • bumble bee

    in 2007 the fed and the rest of oecd central banks didn’t inject the economy with cash as massive as now. The bubble is big, but it will grow bigger and bigger still and will be astonishingly big. But, it will eventually burst and the pain will be much more than the last time it burst.

  • chilller

    Many believe all of this is by design to collapse the economy and force people into submission of our guberments grand redesign plan, one world guberment. This is what our POTUS studied with Saul Alinsky before he became our dictator. I believe their plan will backfire and only infuriate most people instead of getting them to submit, which is why the guberment most likely hates preppers. Preppers can withstand a collapse much better than those who do not and won’t become dependent guberment beggars.

  • A.S.

    I predict that when the DOW goes lower than the price of gold, that is when it will be really horrible for ALL Americans, even the super rich. Lets hope it happens soon so that we will be able to rebuild quicker!

  • john broadbent

    Kevin,
    I’ve never replied to a message before so will keep this brief..
    I’m more than 3 times older than you and began prepping when I was exactly your age.
    The word prepping did not exist then, but just like you I knew something did not add up.
    So Ive spent the rest of my life ensuring I’ll survive, no matter what happens.
    If this reply goes and you get to read it, get back to me I can give you loads of practial tips that an ordinary Joe can and should do.

    • MotorTrash

      Sure thing, I could always use the knowledge. Thanks!

      Kevin

      • john broadbent

        I’m never sure whether or not such “conversations” are real, so am reluctant to spend too much time and effort until I get a worthwhile response.
        However you did respond and I was very impressed by your original article. So much so that I made the effort to firstly register with Disqus and then reply to it.
        Two years ago I began writing a “book” called “Get Off The Titanic Before It Sinks”, which would be my survival guide for when the World’s economy (and our debt fueled lifestyle) went the same way.
        Re-reading it now I realise all I wrote was spot on but not wholly relevent to actually surviving the crash and the fundamentally different lifestyle your generation is going to have to adapt to.
        Your article prompted me to re-evaluate my thinking and try and put an old head on young shoulders.
        When I was 23, (almost 50 years ago) I took out a mortgage to buy my first house. The one and only time I ever went into debt.
        It was the biggest I could afford but the prime requisite was that it had a big garden (or yard as you’d call it in America). I’m English and live in the UK so you will have to make the necessary conversions as I do when I read American articles.
        I figured then there are 4 things we will need all our lives
        .
        Water, Food, Shelter and Warmth.
        Ensure you’ve got these and you’ll survive.
        When I took out this mortgage I worked out how much I’d actually have to pay for the house and was astounded to discover that it would be more than 3 times the actual purchase price.
        I was a civil engineer all my working life so was well versed in mathematics but this shocked me and proved to be a VERY valuable lesson.
        Debt enslaves you.
        I have been a free man for over 30 years because I did that simple bit of maths and made sure I paid as little interest as possible.
        I made it my over riding priority to pay off the mortgage and get clear of debt.
        It still took me 15 years but we started from nothing (we struggled to save the £250 deposit)and during this time I was the sole earner and we raised 3 children, so it’s possible even now.
        Go for it, but make sure your house has land, most modern houses are good places to starve or freeze.
        Let me know if this helps and what you think.
        If you find it helpful I’ve lots more.
        All the best,
        JB theragged trouseredphilanthropist

  • http://profile.yahoo.com/AXD6VXR5PFNKDUNS5ARK7MBI64 Robert

    I am so thankfull that my wife and I moved to the country years ago. Why?? because our kids were to be bussed to THUG schools where being in the gang was paramount to learning . The local rural schools were just great, kids had the same school mates from kidergarden to 12. Boths kids graduated from college and have decent jobs now. I prep now when the “kids” have to come back home, our society is on the down hill path with no turning back. I am 66 yrs old and have seen a life time of experiences and this direction the USA is going in is not for the faint of heart!We live in a manufactured home paid off much sooner than a stick built. Nearby water shed is for future H2O needs,top soil for food production,, just get off your duff and make it happen!!

    • Jodi

      Wow! What a great story! Thanks for sharing. I don’t live in a rural area but I’ve been looking into a private school for my daughter. Living in the country would be great too but I don’t see that happening anytime soon.

      • K

        Jodi, I hope you have a bug out location in mind. Under some circumstances. Living in your vehicle in a safe area, is better than staying at home in an unsafe area. No matter how well armed you are. If the group is big enough, they will win.

  • seb

    It only is a nominal all time high … i think we’re still pretty far from the real ATH

  • Robert (qslv)

    Like you said, Michael, 2008 was different. This time around when the stock market crashes, no amount of trying to “re-inflate” the bubble will work. People who stayed in the market through 2007-2013 have made their money back, but don’t count on this happening again.

  • troubled waters

    Michael remember that the rising stock market no matter that it is a bubble, will allow the average Joe and Jane to withdraw their 401Ks or IRAs at a higher earning should they need the money now.
    Yes the Rich are benefiting from their direct actual investment in the market, it is also good for retires that need the money now. Could you imagine needing your retirement money when the stock market was at 6000?
    Lets keep a positive spin on this regardless of the rich gaining from it because it does benefit most working American retirement funds.

  • Jim Brown

    The FED’s balance sheet is going to be over 4 trillion if they continue to purchase 85 billion a month of debt. At some point the FED will have to pull out of purchasing the treasury debt, that should trigger a dramatic rise in interest rates. Not to mention the unwinding of 4+ trillion that will be on the FED balance sheet. So, the 2 acts that will light the hyper-infaltion candle will be no more debt buying and the unwinding.

  • ALLWILLSEE

    The rich think thay are so smart and are going to control the world. But I have news for them … God is comming and the world is his…He is in control and will come and distroy the wicked. All must repent of your sins and prepair to meet Our Savior Jesus Christ. Thy may take all I have…. but thy will never take my soul. I am not affraid my God Ownes Everything he will take care of his children….REPENT AND FIND JESUS !!! While You Still Have Time !! God Bless you all may you find your way while there is still time…..

  • leeholsen

    Our local financial show in houston, street talk; has said that since 2009; the US has had 700 billion in real growth; the rest of the growth has been from printing money and that the stock market’s growth is 85% from the FED.
    i dont think a bubble bursting is coming with the fed backing things up, japan has gone decades without a real bursting; but a 25% correction is really likely given nothing is holding up the economy except the FED.

  • http://www.facebook.com/arno.krause.33 Arno Krause

    This situation is serious and real. The average loss in the 2008/2009 stock market catastrophe was 40%. I doubt that most small “investors” recouped those losses. For instance, I bought Ford at 1.03…I sold at 15.30. After almost two years, that company’s stock has NOT reached the level I sold it at. This is a repeat of what happened in Japan 20+ years ago with the bank intrest rates for retail deposits…close to 0. We have that now for the average depositor. That’s what causes small investors to flock to an overheated stock market…it’s called ROI. (return on investment). Not being able to achieve an adequate “return” from CD’s, bank deposits, and maybe soon…bonds, “investors”, put money into stocks, (which I compare to baseball cards), hoping for capitol gains,in which you are taxed for risking your money. The only thing I can think of right now for the average person is to try to accumulate PM’s . At every opportunity, I try to buy at least 5 ounces of bullion coins at least every few months of so, depending on ability. Gold is too expensive for me.

  • Prut

    Isn’t the reason hyperinflation has not set in as so many are/have been predicting for so long is that all the money being printed by the FED is merely sitting in bank vaults? It’s not in the system.

  • agglebert

    as long as they pump the money creation machine the stock market will go up. the bubble is going to go a lot higher before the next crash.

  • El Pollo de Oro

    MotorTrash: I live in Philly. If one is a corporate attorney or cardiologist who makes six figures and can afford a penthouse condo in Rittenhouse Square, there is a lot to enjoy in this city. But for the working class or the small mom-and-pop business owner, it’s a different world. The American Dream I grew up with is dead and gone, and as this country continues to rot and decay, survival will be the name of the game. In the future, Philly will still have businessmen in Armani suits walking through Rittenhouse Square or going to plays on the Avenue of the Arts. But the ‘hoods will become more and more dangerous. That’s what it’s like in cities like Bogotá, Colombia: extreme wealth and affluence in some areas, ghettos and shantytown slums in others.

    Being an ex-marine, you have a major advantage: you know how to defend yourself. And as the poverty gets worse and this country becomes increasingly dangerous, your self-defense skills will come in handy. Good luck!

  • markthetruth

    Being From the Military you should of figured out Tech Rules and the Mother of all Tech, Starts With the C language And then C++ if you Mastered these two you would have a Job Forever. B

    the end…

    • marcopolo7

      Wrong – I’ve been working in the high-tech industry for over 15 years now – ANY job that can be done in a “low-cost geo” will eventually be moved there. Engineers in India and China are just as smart and make 3-5 times less than an engineer living in Silicon Valley. $$$ talks in the corporate world – maybe except for a few industries like firearms and firearms accessories.

      • markthetruth

        Wrong! There is something called innovation

  • http://twitter.com/PlsCloneNugent Susan Borden

    ——– 3,000 U.S. cities have signed on to the U. N.’s Agenda 21 initiatives. You need a certain amount of land to build a house, you cannot sell or use all or a portion of your acreage for housing, crops, etc. without restriction. You may not be able to have animals or crops at all on some properties. You need to check with the City officials about any international treaties they have signed. No, America is not free, she is part of the New World Order. The govt and soldier knows it, now if only the people would wake up.

  • Sam Kessler

    Give your life to the Lord Jesus Christ!!

  • http://www.facebook.com/people/David-Webb/100001371414176 David Webb

    The stock market has always been a floating crap game. Amateurs beware. I am in that category and I stay as far away from it as possible.
    We are all in a floating crap game whether we want to be or not. Everything from your Industrial Pensions, Social Security, Medicare, Welfare, and more are dependent on a rising stock market to keep them stable. Unfortunately the market crashes periodically.
    So everything dependent on that market crashes with it. And that is what we are seeing right now.
    The question all of us will have to answer sooner or later is are our pensions secure?
    My answer is NO!

    The government answer has been to produce more money. This in turn causes the numbers in the stock market to go up. The reality is nothing changes except the numbers. We still have the same amount of goods chasing more and more dollars as time goes by.
    Tax the Rich! Well that might work or not. The real rich people have invested in commodities and warehousing. A lot of them have removed themselves from this country with good reason.
    Reagan sacrificed the poor to entice the rich back to our shores. He put housing interest at 18-20%. Reduced the price of housing in the process. It stopped inflation cold. But at a terrible price to the rest of us.
    Every President since has taken an opposite approach. Reduce interest and invest in inflation.
    Well this approach is wrong and it will cause the worst depression in the history of this country.

  • MichaelfromTheEconomicCollapse

    Kevin:

    Thank you for sharing all of that. We definitely need more people out there like you. And I do think that an awakening is happening. I just don’t know if that it is happening fast enough.

    And you are exactly right – so many Americans are so addicted to entertainment and the good things that this society offers that they cannot even see what is happening all around them.

    Hopefully we can wake up more of them while there is still time. And many that think that they are awake are only partially awake. When you start to learn the truth about what is really going on in the world, it can take you down a rabbit hole that is far deeper than you ever imagined. I am going to be exploring that theme a bit more in my upcoming novel than I do in my regular articles.

    Michael

  • leeholsen

    i’m right there with you on worthless causes, i believed in 2001; but the govt wont let us fight to win anymore; i dont advise others to join up anymore.
    my advice would just be to stay out of debt, keep a months worth of cash to cover expenses around and keep supplies around to go for a week or two.
    while i believe things will get much tougher, i dont believe in a collapse. i mean greece has been in a depression and the only ones having it really tough are those who have no resources of their own.
    if you look at things, the US is a long way from trouble and wont have trouble until you see interest rates start to rise fast and the bond market have problems.

  • piccadillybabe

    Can remember well March 2008, when the DOW just kept plummeting, finally down to 6K or so. It was a horrible sinking feeling seeing your portfolio go down the tubes. Shortly after that horrible crash, our newly elected president made some comments about the market. “We will have to do something about getting people’s money back to them.” So, what is happening today with the DOW now “recovered” is what he was talking about I guess. Can’t help but think it was a wicked scheme to just wipe people out. If they can so easily manipulate the markets today as your article states, Michael, what is to say they did not manipulate that crash back in 2008? We live in a country of some pretty bad low lifes running the show. They love to create, fear, strife and utter chaos, not just here in America but also abroad. You need either a good sense of humor to live in America today or else a very strong stomach, having both will hopefully get you through.

  • Alasha

    who can make sense of it all? it is just so mind numbing….. sigh…

  • Washington76

    “Our national determination to keep free of foreign wars and foreign entanglements cannot prevent us from feeling deep concern when ideals and principles that we have cherished are challenged.”
    Franklin D. Roosevelt

  • ian

    i’ll bet anyone a my left testicle that nothing happens as and things will once again continue on as normal. Just watch.

    • Mondobeyondo

      We shall see. Although I have to say, that’s a pretty risky bet you’re making. *ahem*

  • peaceangel

    ONE more thing Kevin, according to AGENDA 21 Prepping is against the law. This was made more clear in the NDAA act of 2011 in which it says ” no one can stockpile more than 7 days of food, water or ammo. Wal-Mart has a CIA agreement to track and turn over to the government anyone who even looks to be stockpiling. The gov. plans to confiscate your stockpile by knowing who you are and where you live, so do not buy at Wal-mart and do not use a credit card and do all you can to keep the gov. out of your business. Smart meters prohibit that. Iphones prohibit that, computers prohibit that.

    The NDAA act has 400 reasons that make any of us a terrorist to include collecting rain water in a barrel and having prayer meeting in your home or for speaking out against the gov. the NWO or agenda 21 or any of it. We no longer have freedom of speech and ppl are going to jail all over the nation for breaking these ludicrous new laws no one knows anything about until they break them.

    • MotorTrash

      I threw out my fancy smartphone and bought one of the prepaid talk and text “dumb” phones. For any purchases, (with the exception of bills) I use strictly cash. Slowly but surely, I’m cutting out the Uncle Sam Surveillance Team. It seems as though it’s getting harder to do so.

  • SaystheFox

    Kevin…You are expressing the exact things that millions of people are feeling right now. The preparedness you are striving for is the exact right things to be doing. I’m going to be blunt now and risk being rejected for my advise by either you or others on this blog but here goes…We have been counseled for over 180 years to prepare for the events that are now upon us. Prophets of God have been the ones giving this counsel. All I can tell you is to seriously look into becoming a member of “The Church of Jesus Christ of Latter-Day Saints”. We are preparing for all of the coming events and we are going to be protected by the Lord Jesus Christ as a group. I don’t know how anyone is going to survive the coming destruction if they try it alone. Please join with us and we will survive together! – John

  • Mondobeyondo

    Welcome to the site! Hope you’ll post more in the future.

    I took pretty much the same path you did, as far as the mainstream media goes. (I did not serve in the military). The morning “news” shows are little more than celebrity gossip garbage. For real, in-depth news analysis, it’s practically worthless.Al-Jazeera, Russia Today the Guardian (U.K.), etc. are much better at providing real news. But if you insist on watching “Good Mourning America”, do yourself a favor – pop in a DVD of “Cloudy with a Chance of Meatballs” instead. Even the kids will like it!

  • Timbo

    Kevin: God bless you. Buy the book: A Failure of Civility by Lawson and Garand. Get far from Philly. Make friends and get to know your neighbors well. Stock up on arms, ammo and food and a little precious metal. I would focus on Silver. It is easier to buy something with silver than gold. Buy veterinary antibiotics

  • Mondobeyondo

    Make no mistake about it – we are in a depression.

    Maybe you aren’t feeling it, because you still have a full time job. You have enough resources to clothe and feed your family (and a bit left over to give the German shepherd a bath and pedicure too), you’re able to pay the utilities, etc. Good for you. There are many, many other people who are not in quite as fortunate a situation.

    Yes, the Dow is soaring. But – who do you think is benefiting from that? Oh yeah, the homeless guy at the shelter. He’s got 150K in assets based on stocks. Right? Really? Uh huh. Hmm, wonder why he’s homeless.

    All is not well in Wonderland.. sorry, but I had to tell you that…

  • Simply.Just.Saying

    Seriously… How can the American people and the government work together? What ever happened to U. S. A being a political country with everyone working as a team? I swear the ignorant spoiled one track minded brats have other foreign countries simpering at us because the rich (about 2 percent out of the 5) not spending wisely and hoarding the money for unnecessary gadgets and items. The 5% should create jobs. Use the same system as it is but now use it yourself… It’s kind of going both ways. This countries could probably handle other countries money. Idk just saying…

  • ian

    or people may be sick of people crying that the sky is falling, and brush it off as nonsense as it never happens and they go back to living their lives. I, for one, am one of those people who used to be gung ho about this economic collapse idea, but then it just never seems to occur. You cant blame or belittle people for just wanting to get back to normal life and to try to make a more positive future, rather than standing around wringing their hands waiting for the world to collapse into chaos. It is not human nature to do such a thing.

  • ian

    2008 was not a depression. Sorry.

    • DiscouragedOne

      For those who lost their jobs, savings, etc. in that mess, it is a depression to them.

  • http://www.facebook.com/people/Michael-Warhurst/1293737212 Michael Warhurst

    Re: Corporatism: A System
    Of Control Designed By The Monopoly Men Of The Global Elite – Continued

    The USSR had
    frequent votes and it was controlled by wealthy elites. China is controlled by
    wealthy elites and American wealthy elites have fallen in love with China
    because Chinese wealthy elites have enslaved the vast majority, a goal which
    American wealthy elites (corporations) dream of and are constantly working
    towards. Wealthy elites will only stop sucking up wealth when there are only
    two classes of people – rich and poor. Greed has no natural limit except when
    there is no more wealth to suck up. American government could be greatly
    downsized and made more powerful and actually democratic by reducing the number
    of states to say ten. But will wealthy elites and corporations (including the
    media) ever allow truly effective and democratic government? NO. They will use
    every device and perversion of truth (corporate media) to continue to mislead
    Americans. The only way to achieve real democracy would be to take back power
    from corporations (which will never give it up without a great struggle) is to
    empower democratic government. Democratic government power (people power) can
    be destroyed though cutting it up into many pieces(or say – states). If one has
    real democracy what need is their of checks and balances???? Checks and
    balances destroy democracy through designed political stalemate. Effective democracy
    is the only form of government which can protect the vast majority from being
    subjugated by the wealthiest tiny minority

    • DiscouragedOne

      Progressive Socialism is not “real” democracy.

  • http://www.facebook.com/people/Michael-Warhurst/1293737212 Michael Warhurst

    Re: Corporatism: A system Of Control Designed By The Monopoly Men Of The Global Elite – Continued

    Corporations are
    amoral, they only consider dollars before decision or action and there is not a
    single human, social or spiritual value (moral) which can be described by
    dollars. Democratic national government has the capability to be moral (of
    course it can be easily emasculated) as voters choose candidates based on their
    human, social and spiritual values and expect their elected reps to reflect
    these morals -and national government has the grip of death on corporations
    because the biggies are all incorporated nationally. National government should
    not be ponderous (although corporations and wealthy elites would prefer this)
    but it should be strong enough to be able to force corporations and wealthy
    elites to be moral – no other arrangements will work. Corporations and wealthy
    elites HATE effective national governments because national governments
    can stop them from grinding working folks into dust. Media are corporations and
    controlled by the wealthiest of elites. People get their info from corporate
    media which hates effective national governments and true democracy. Having frequent
    votes does not create democracy,

  • http://www.facebook.com/people/Michael-Warhurst/1293737212 Michael Warhurst

    Re: Corporatism:
    A System Of Control Designed By The Monopoly Men Of The Global Elite

    You have the problem scoped out well. However
    you are labouring under several misunderstandings common to most Americans.
    Plato designed the republic to be run by and for the wealthy elites – as America
    is run. Democracy is run by and for the majority. Therefore a democratic
    republic is an oxymoron, an impossibility and a contradiction in terms. The USA
    is a republic and was set up to be so, it is only in the last hundred years or
    so that the word “democratic” was appended onto it. A turd by any
    other name still stinks! You believe that the USA has somehow ‘lost its way’ -
    but it hasn’t it has simply reverted to serving the wealthiest of elites and
    their corporate fronts as it was design to do. If democratic government is
    stalemated, who wins? The rich or the poor? The rich of course – they were
    making money fist over paw to start with and if nothing changes (ie national
    government is stalemated and powerless) they will continue to consolidate their
    stranglehold.

  • MotorTrash

    Thanks for your response. I’ve been looking into most of the things you’ve mentioned. As for the whole house idea, I feel like I’m in between a rock and a hard place. My lease is up in June and I’m only wasting money on rent now. I have no place to store any additional food/water and it’s right in the city. I appreciate the advice, but I think my chances for self sustainment would work better if I lived somewhere else. I’ll research the lease-to-own info and see what’s involved. The way I see it – You’re damned if you do, you’re damned if you don’t.

  • DiscouragedOne

    Agreed, we have already exhausted the “remedies” which of course was like taking deadly poison to try to cure a disease, but never addressing the cause of the disease, which of course could have fixed it before it was too late.

  • http://twitter.com/JailBanksters JailBanksters

    The DOW was once a Indication of Industrial averages.
    Most of manufacturing is now in China, so the DOW is now just Fraud Indicator. The higher it goes the more Fraud the Banks are creating. It will take another crash to expose today’s fraud, So if the DOW is at all time high that also means so is the Fraud at an all time high.

Emergency Essentials/BePrepared
Agora Financial
Thrive Life
FEMA Hates This

Austin Coins
Family Survival Plan - Check This Out!
High Blood Pressure?
The End Of America?
MHAdNew_125x125 copy(1)
FINCA BAYANO
Survive After Collapse

Silver.com

Camping Survival
Facebook Twitter More...