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 >>
Gold Buying Guide: Golden Eagle Coins

Recent Posts

Archives

Wake Up America! 10 Very Obvious Reasons Why The Devastating U.S. Jobs Famine Is Going To Suck The Hope Right Out Of America

Do you have friends, neighbors and relatives that can’t find work?  Well, unfortunately the current U.S. jobs famine is about to get a whole lot worse.  Right now there are approximately 13.9 million unemployed Americans.  That does not count those that “are not looking for work”.  That does not count those that are working part-time jobs but that are desperate for full-time work.  The truth is that we need tens of millions more full-time jobs in order to give one to everyone that wants one.  Sadly, the long-term trends that have caused this mess continue to get worse.  Unless truly dramatic changes are made, the U.S. economy is going to continue to bleed jobs and that is going to suck the hope right out of this country.  It is time to wake up America!  It is not a big mystery why we don’t have enough jobs.  But sadly, very few of our leaders are talking about the real issues.

Something has got to be done.  Unemployment is already at epidemic levels, and this country can’t afford for things to get much worse.  Just check out how a recent article in The Wall Street Journal summarized our current predicament….

There are more unemployed than the combined populations of Wyoming, Vermont, North Dakota, Alaska, South Dakota, Delaware, Montana, Rhode Island, Hawaii, Maine, New Hampshire, Idaho and the District of Columbia.

If they were a country, the 13.9 million unemployed Americans would be the 68th largest country in the world, bigger than the population of Greece or Portugal (each of which has 10.8 million people) and more than twice the population of Norway (4.7 million.)

Isn’t that incredible?

The number of unemployed Americans is larger than the entire population of Greece.

There are millions of Americans that will be sitting at home in front of their televisions tonight wondering why they can’t find jobs.  Last month, only 58.1% of Americans over the age of 16 were employed.  Our economy should be able to do far better than that.

All over the Internet there are stories of people that have sent out hundreds (or even thousands) of resumes and nobody even wants to interview them.  One recent survey found that approximately 80 percent of all Americans believe that it is “difficult” to find a job right now.

Unfortunately, things are going to get much, much worse before all this is over.

The following are 10 very obvious reasons why the devastating U.S. jobs famine is going to suck the hope right out of America….

#1 Our politicians simply do not care that America is bleeding jobs.  Amazingly, even with rampant unemployment plaguing this nation, Obama administration officials continue to declare that it is okay that we are losing manufacturing jobs because a lot of cheaper products are things that “we don’t want to make in America” anyway.  The following is what U.S. Trade Representative Ron Kirk told Tim Robertson of the Huffington Post the other day….

Let’s increase our competitiveness… the reality is about half of our imports, our trade deficit is because of how much oil [we import], so you take that out of the equation, you look at what percentage of it are things that frankly, we don’t want to make in America, you know, cheaper products, low-skill jobs that frankly college kids that are graduating from, you know, UC Cal and Hastings [don’t want], but what we do want is to capture those next generation jobs and build on our investments in our young people, our education infrastructure.

The economic negligence that recent administrations have demonstrated has been absolutely mind boggling.  Blue collar male workers in particular are being absolutely devastated by the loss of manufacturing jobs.  Back in 1967, 97 percent of men with a high school degree between the ages of 30 and 50 had jobs.  Today, that figure is down to 76 percent.

#2 The Obama administration has now instituted a policy of “backdoor amnesty” for illegal immigrants by executive fiat.  Janet Napolitano has announced that from now on there will be a case-by-case review of all deportation cases.  Cases involving criminals will be prioritized and most others will be thrown out.  A list of 19 factors that will allow government officials to use “prosecutorial discretion” in immigration cases has been distributed.  Recently, I listed a few of those “factors” on The American Dream website….

-arrival in the U.S. as a young child

-actively “pursuing an education”

-serving or served in the U.S. military

-spouse of someone in the U.S. military

-18 years old or younger

-“elderly”

-pregnant or nursing

-victim of a “serious crime”

-serious disability or health problem

-caring for a family member with a serious disability or health problem

Obviously, it is not going to be too difficult for most illegal immigrants to fit into at least one of those categories.

On top of everything else the Obama administration has announced that it will now allow illegal immigrants to apply for work permits….

Illegal aliens living in the United States typically don’t apply for work permits for fear of deportation, but under the new policy, they could apply for work permits if granted deferred action or parole and compete with 22 million Americans who can’t find a full-time job.

So now blue collar Americans workers will have even more competition for the dwindling number of jobs.

#3 State and local governments all over the country are dead broke, and an atmosphere of austerity is sweeping the nation.  Right now state and local governments are slashing jobs at an unprecedented rate.

In the past, government jobs were considered to be very secure and they definitely paid a lot higher than average.  But now that era is coming to an end, at least on the state and local government levels.

According to the Center on Budget and Policy Priorities, state and local governments have eliminated more than half a million jobs since August 2008.  UBS Investment Research is projecting that state and local governments in the U.S. will cut 450,000 more jobs by the end of 2012.

#4 U.S. businesses are being absolutely crushed by mountains of nightmarish regulations, and yet the federal government, the state governments and local governments just continue to pile them on.  For example, the U.S. Food and Drug Administration is projecting that the food service industry will have to spend an additional 14 million hours every single year just to comply with new federal regulations that mandate that all vending machine operators and chain restaurants must label all products that they sell with a calorie count in a location visible to the consumer.  Due to these kinds of ridiculous regulations, many business owners have simply given up and many other potential business owners figure that owning a business is just not worth the hassle.

#5 As I have written about so many times before, the “global economy” is really bad for American workers.  When we merged our economy with the economies of nations where it is legal to pay slave labor wages, we made it inevitable that we would start losing massive amounts of jobs.

Why would a giant corporation pay a U.S. worker 10 to 20 times as much as a worker on the other side of the globe?  Investors actually expect big companies to have an “outsourcing” strategy today.  When more jobs get shipped out of the country, profits go up, stock prices go up and executive bonuses go up.

Big corporations don’t exist to provide you with jobs.  They exist to maximize shareholder wealth.  If taking your job away and giving it to someone in Asia will make more money for them, then that it exactly what they are going to do.

#6 Unfair trade is absolutely killing our economy.  It would be one thing if the U.S. was running a massive trade deficit solely because we were incompetent.  But the truth is that a big factor is that a number of our “trade partners” are economic predators that are purposely trying to prey on us.

The other day, I wrote about some of the things that China does to steal our jobs, our factories and our wealth….

China massively subsidizes their biggest corporations, they brazenly steal technology from anyone that they can, they openly manipulate exchange rates and they allow their workers to be paid slave labor wages.

Today, we spend about 4 dollars on imports from China for every 1 dollar that China spends on imports from us.  China now even makes more beer than we do.  Even the new Martin Luther King, Jr. Memorial on the National Mall was made in China.

Until our politicians start insisting on a level playing field, all of this is going to continue.

#7 Small businesses are traditionally one of the primary engines of job growth in this country.  But right now, small businesses all over America are having a really hard time getting anyone to loan them money.  A big reason for this is that the Federal Reserve is actually paying banks not to make loans.  Unfortunately, if small businesses can’t get the money that they need, then they can’t hire people.

#8 A lot of people may not want to hear this, but businesses in the United States are being absolutely taxed into oblivion.  The U.S. now has the highest corporate tax rate in the world, but that is only a very small part of the story.

Michael Fleischer, the President of Bogen Communications, wrote an op-ed last year for the Wall Street Journal entitled “Why I’m Not Hiring”.  The following is how Paul Hollrah of Family Security Matters summarized the nightmarish taxes that are imposed when Fleischer hires a new worker….

According to Fleischer, Sally grosses $59,000 a year, which shrinks to less than $44,000 after taxes and other payroll deductions. The $15,311 deducted from Sally’s gross pay is comprised of New Jersey state income tax: $1,893; Social Security taxes: $3,661; state unemployment insurance: $126; disability insurance: $149; Medicare insurance: $856; federal withholding tax: $6,250; and her share of medical and dental insurance: $2,376. Roughly 25.9 percent of Sally’s income is siphoned off by Washington and Trenton before she receives her paychecks.

But then there are the additional costs of employing Sally. In addition to her gross salary, her employer must pay the lion’s share of her healthcare insurance premiums: $9,561; life and other insurance premiums: $153; federal unemployment insurance: $56; disability insurance: $149; worker’s comp insurance: $300; New Jersey state unemployment insurance: $505; Medicare insurance: $856; and the employer’s share of Social Security taxes: $3,661.

Over and above her gross salary, Bogen Communications must pay an additional $15,241 in benefits and state and federal taxes, bringing the total cost of employing Sally to approximately $74,241 per year. Sally gets to keep $43,689, or just 58.8% of that total.

After reading all that, can you really blame business owners for not wanting to hire additional workers?

#9 The national debt is like a giant albatross around the neck of the economy. The U.S. national debt has increased by more than 4 trillion dollars since Barack Obama took office.  The rampant government spending that has been going on has not done much to create new jobs, but it will be a massive burden that will weigh down economic growth for many years to come.

When a nation is drowning in debt, a tremendous amount of economic resources must go to servicing that debt.  Right now, hundreds of billions of dollars a year that could be used to build up our economy are instead being used to pay interest on the national debt.  If interest rates go up significantly, we could soon be paying over a trillion dollars a year just in interest on the national debt.

#10 Right now America is very deeply divided and a tremendous sense of pessimism has set in.  One recent survey found that 48 percent of Americans believe that it is likely that another great Depression will begin within the next 12 months.  With such a negative feeling in the air, it is going to make it even less likely that business owners will be in the mood to hire people.

I know that I pick on Detroit a lot, but it really is a microcosm of what is happening to America.  The following video contains some absolutely amazing footage of the ruins of Detroit….

Sadly, what is happening to Detroit is happening in hundreds of other communities across the United States.

All over America, neighborhoods that were once teeming with hope and prosperity are now falling apart.  Hopelessness is rampant and it is spreading.  The number of Americans on food stamps has increased 74% since 2007.  If not for our increasingly overwhelmed “safety net”, we would already have mass rioting in the streets.

Sadly, we are already seeing all sorts of signs that society is collapsing.  As the economy continues to fall apart, the violence in our neighborhoods is going to get even worse.

The following is one very shocking recent example from the Chicago Tribune….

Moments before she was slain last week on Chicago’s Southwest Side, 17-year-old Charinez Jefferson begged the gunman not to shoot because she was pregnant, prosecutors said today.

Despite her plea, Timothy Jones, 18, opened fire on Jefferson anyway, yelling an expletive at her as he shot her in the head, prosecutors said. He then stood over her as she lay on the ground and fired several more times, striking her in the chest and back.

America is changing.  The country that so many of us have loved all of our lives is becoming unrecognizable.  Large numbers of communities have had all of the hope sucked right out of them.  Tens of millions of Americans that want to do things the “right way” are rapidly losing faith in the system.

When you can’t get a decent job after months and months of trying it can be absolutely soul-crushing.

What do you tell someone that has spent a year sending out resumes and has used up all of their savings?

The era of endless prosperity for America is at an end.  The cold, hard consequences of decades of bad decisions are starting to set in.

Unless a dramatic change of course happens, the long-term trends noted above are going to get progressively worse.  It won’t matter who is running Congress and it won’t matter who is in the White House.

Right now our economy is rapidly hurtling downhill on a bus without brakes and we are headed directly for a cliff.

Please wake up America.

 

  • mel

    The US govt instead of having a monetary policy of printing money should seriously at look at our trade policy when it comes to tackling our economic malaise.

    Well, that is the situation facing American workers today. They have been pushed into one giant globalized labor pool, but big corporations are allowed to pay workers on the other side of the globe slave labor wages. It costs ten times more (at least) to hire a blue collar American worker than it does to hire a blue collar worker in most areas of Asia.

    As a result of the globalization of labor, we have seen a mass exodus of jobs out of the United States, and wages for many of the jobs that remain have been significantly depressed.

    There simply are not nearly enough jobs for all Americans at this point. There are more than 2 billions workers from India and China competing with American for jobs. This is a sad reality for American who have elected politicians in the past who have voted for free trade agreements !

    The only REAL solution to the massive unemployment we are seeing now has to include what never seems to be mentioned in talk about jobs creations in the USA: Tearing up our so-called Free Trade Agreements and Favored Nation Status with China, Mexico, etc, and then implementing new tariffs and trade policies that would make it unprofitable to import stuff not manufactured in the USA. MILLIONS of jobs have disappeared overseas because of cheaper labor and lax environmental regulation in places like China & Mexico. The standard line from the mainstream press seems always to be, “Those jobs are never coming back. Get over it and find some other way to create jobs in the USA.”

    Sorry, but NO! This evisceration of the USA’s manufacturing base was an incredibly short-sighted experiment that has gone on too long. Protectionism IS a national good when it keeps jobs and the ability to produce our own basic needs here within our own borders. National security depends upon it, and there really is NO other solution that will bring back jobs to the USA without instituting some harsher new trade laws that insist upon production being done HERE in the USA whenever possible. Cheaper labor costs overseas do NOT outweigh the need to keep jobs and manufacturing ability in the USA. Plenty of jobs ARE being created everyday, just not here in America.

    • 007

      Very well stated. We need to start making this a campaign issue. Economic collapse or not, our citizens have to be able to have a job to rebuild their lives. If we don’t, God help us when people get hungry and have no hope of supporting themselves.

    • http://economiccollapseblog olddog

      THANK you Thank you!!!! there is not a lack of jobs..they are just not in the USA…the orig USA did not have income tax ,,, tarrifs,,you can correct two problems with one solution. of course you and I both know, mega corps with no taxes and offshore jobs will?? you got it drown the USA first as they go offshore.

    • Old Man

      mel,
      You writeup is correct of course. It is well recognized in think tanks and intellectual circles that US trade policies will end up in today’s mass unemployment. They knew it since day 1, but proceeded. The Reagan administration start this policy and every regime not only supported but expanded on it since.

      Why?

      Because the business of America is profit. It is not people. If you thought democracy in America is about people freedom and dreams, you have succumbed to the grandest mass delusion of the 20th century.

      But this trade policy has worked wonderfully well. US corporations, especially those that run the globalization game without mercy, have today accumulated at least $10 trillion of surplus cash (in the form of corporate retained earnings) sitting around in banks all over the world. This money cannot be taxed or touched by governments. Don’t count on this money being used to create jobs. It’s just sitting around, being managed by mega funds managers to make more money. Yes, it is doing its job creating more profits.

      If you’re angry, blame the politicians you elected into office the past 25 years who have consistently pursued this trade policy. Many are still around, so don’t expect things to change. And yes, no use blaming foreign countries. This thing is entirely Made-In-USA!

    • Comments11660

      Roger that Mel! It is time to vote in politicians who stand for “Taring up our so-called Free Trade Agreements and Favored Nation Status with China, Mexico, etc, and then implementing new tariffs and trade policies that will make it unprofitable to import stuff not manufactured in the USA.” to quote Mel. I couldn’t have said it better myself!!! Watch “The Secret of Oz” video for more info on this topic. It use to be free at Youtube.

    • Mad Max

      We are thinking too small. That’s why we’re in this mess. There is nothing our government can do to fix this mess. It has to be reorganized along with our economic system. More half measures will only waste time, lives and moneny we don’t have.

      FIGHT THE CAUSE – NOT THE SYMPTOM
      OsiXs (More Power and Technology to the People!)

  • http://lastdayrapture.blogspot.com/ TK

    Dear God,

    Instead of home schooling our children, we have put mom to work and brain washed our kids in public institutions.

    Instead of opening up more churches, we have opened up abortion clinics that have silenced the souls of 50 million.

    Instead of reading our bibles, we have watched hours of God hating television.

    Instead of helping the needy, we let them rely on the government.

    Instead of living right in the sight of a Holy God, we have embraced “if it feels good, do it”

    Instead of living responsibly, we have put ourselves in debt for things that we could have waited for.

    Instead of being satisfied with what we have, we look to holly wood for what we do not have.

    Instead of holding up Godly men and woman as our children’s heros, we let Holly wood tell us who to idolize.

    Instead of memorizing scripture, we memorize the latest divorces/debauchery of TV stars.

    Oh God, I know you are mad, and that you hate the workers of iniquity every day.

    Please help me to cry aloud and proclaim the sins of the land. You are long suffering and not willing that any should perish, but that all would come to repentance and faith.

    • Jerry

      Excuse me, but Christianity is the biggest con job in the history of civilization, along with the other Abrahamic religions. If you read this website, you should know that. Why do you think “sky god” religions were formed in the first place? To control societies, for the benefit of the elite, as soon as the earliest civilizations formed. All based on worship of the sun.

      Yeah, how about those 50 million people who never got born, just to be unwanted, go to jail, be unemployed, etc. Oh, I know, we could send them to the imperial wars in Iraq and Afghanistan. That would be better than abortion! I bet you’d like that.

      I bet you even bought that idiotic book “Heaven is for real.” “Yup mommy and daddy, I just died and gone to heaven, yup yup yup.” Just the perfect read for the generally dumb public, out of work, and scared shitless, just like the hocus pocus stuff that came out in the 1970’s.

      • Green Mountain Man

        You couldn’t be more wrong. But I have come to expect inaccuracy, lack of erudition, and total ignorance from the mouths of atheists who would rather vent their hatred.

        The Abrahamic religions are precisely NOT sky God religions. Sky God religions, as you so lazily point out, are shared by a variety of current, uncivilized cultures or were at one time by ancient cultures. They were formed around a very simplistic and literal acknowledgment between the sky and the cosmos, and the movement of planetary bodies.

        Despite the fact that some of these ancient religions were based on reasoned and astrological understandings, they were remarkably simple and relatively superficial.

        Abrahamic religions are very metaphysical, ontological, and require deep philosophical and spiritual involvement.

        I’m not explaining this to convince anyone that modern religions do a better job of proving God, because I understand they do not. But it is thoroughly ignorant to make these uneducated statements concerning modern religions and merely equating them with the “man in the sky,” et al.

      • http://lastdayrapture.blogspot.com/ TK

        Jerry,

        Real Christianity is rare to find in the US. There are many who claim it, but their life does not show it.

        As for abortion, your mama was pro life.

        As for the book, no, I do not believe it.

        Thanks for the response.

    • Its the economy stupid

      Who’s god. What do know what god wants. Its people like you are dividing this great country. Stick to the topic.

      • http://lastdayrapture.blogspot.com/ TK

        It is because of America’s morality that our economy is in the dumps.

        Americans for the most part are lazy and self centered, which is everything the Bible is against.

        By the way, any one can know what God wants, read the letters in red in the B I B L E!!!!

      • Jeremy

        No, it is people like you who do not respect the beliefs of another person, so much so that you cannot intellectually and honestly engage someone who writes a well-reasoned counterpoint.

    • Alan

      The last thing our country needs is more religious hate and non sense. What we need is people that can think for themselves not be spoon fed fairy tales. Stand around saying the magical fairy will fly down and save us. Religion is the cause of most of our problems.

  • A.S.

    Some jobs may be created if you eliminate #4, #7, and #8 completely. Once small business begin to produce things, #5 and #6 should go away little by little, because I don’t think small businesses will be outsourcing; they care about helping the fellow American. Then all we have to worry about is #2–making sure only legals are hired. As for #3, who cares about saving a government job–they are working for the evil monsters anyways.

    So, lets start by eliminating ALL regulations for small businesses and starting one; lets go back to the pre-1950 standards, because was 1950 that bad?

    Then eliminate ALL taxes and replace it with just one national sales tax (the fair tax).

    Then make it FEDERAL LAW that ALL banks MUST give loans to everyone who is qualified (using honest high standards). As an aside, maybe sue the Federal Reserve (they themselves claim they are not a federal agency) for being involved in bribes and manipulating commerce.

    Heck, I want to start by ****************** the FEDERAL RESERVE just like JFK wanted. They are one of the main reasons we are in this mess in the first place. Try, Convict, and Imprison Bernanke for his crimes, along with all other branch heads and all their friends.

    • 21st Century Plutocracy

      Well you say do away with ALL regulations (CRA is a regulation), so I guess 1950 wasn’t THAT bad if you were white and male.

    • sharonsj

      The so-called “fair, flat and/or sales tax” is not fair at all. It falls heaviest on middle and lower classes, which spend nearly all their income to survive.

      What this country really needed was a national health care system which would take the burden off of businesses and citizens. But TPTB spent a lot of money (both in ads and in bribing politicians) calling this socialism. That’s because the health industry profits greatly from the existing system while the rest of us go broke.

      • A.S.

        No, the fair tax will not include food or other basic necessities. But, if you want a car, pay the tax; if you want a boat, pay the tax; if you want unusual or high mark clothing, pay the tax; etc. This will force rich to pay and even the illegals to pay.

  • uncurable wound

    Perfect timing as usual Michael.I thought you might want to do an article on this also.If you have already done one,I apologize Im still pretty new here.

    For American manufacturers, the bad years didn’t begin with the banking crisis of 2008. Indeed, the U.S. manufacturing sector never emerged from the 2001 recession, which coincided with China’s entry into the World Trade Organization. Since 2001, the country has lost 42,400 factories, including 36 percent of factories that employ more than 1,000 workers (which declined from 1,479 to 947), and 38 percent of factories that employ between 500 and 999 employees (from 3,198 to 1,972). An additional 90,000 manufacturing companies are now at risk of going out of business.

    http://prospect.org/cs/articles?article=the_plight_of_american_manufacturing
    Also the amount of things we dont make here anymore is astounding.

    http://www.businessinsider.com/basic-products-america-doesnt-make-2010-10#rawlings-baseballs-1

    Hope your move went well,thank you again for your TRUTH…

  • uncurable wound

    Just read America is rotting.I see you had the factories there,my bad…

  • William

    There will be NO recovery in America until the unnecessary wars and covert actions around the globe are ended. There will be NO recovery in America when hedge fund managers are taxed at the rate of 15% on their hundreds of millions of dollars of income, while middle class taxpayers of modest income are taxed at a higher rate. There will be NO recovery in America until the vast majority of the US Congress is voted OUT of office. All the worthless Congress critters are bought and sold just like cattle at an auction. BE SURE to reelect the cretin who represents you in Nov of 2012…..assuming America lasts that long.

    • Old Man

      Wow, are you suggesting an American Spring?

      But sorry to tell you that doing the American Spring by ballot will take forever. Don’t you think the Arab Springs now being sprung all over are producing better results? But, alas, that kind of springing takes courage. AK47 slugs coming at you is not a video game. The last time I walked into a Walmart, I saw the damn place saturated by grotesquely fat dumb people. Even the cashiers are fat. I don’t think the mass can ever muster even 1% the courage needed to do even a little trial Spring.

  • Tim

    “If not for our increasingly overwhelmed ‘safety net’, we would already have mass rioting in the streets.”

    It’s scary to think what would happen if the food stamps, disability payments, unemployment benefits, etc. stopped. Sadly, those are the only things keeping many Americans from starving to death. We are indeed in a very precarious situation.

    • mondobeyondo

      Lord help us if the food stamp program goes bankrupt, since one in 7 Americans depends on government assistance for food.

      Just imagine… mobs of hungry, angry and armed Americans.

  • Mark

    The jobs will continue to go to lower labor cost and less red tape countries. We are shooting ourselves in the foot. We seem to want the lowest cost stuff and until we are willing to pay for the higher labor costs for an item made in the USA, we will continue to shead blue collar jobs. We really need to reduce the red tape that seems to come with bigger government. The one good long term item in the article was the reduction of government employees. To bad that the ones laid off are the workers and not the bosses. I have yet to see government employees take wage cuts of any size. Lets start with ruducing the wages of congress and the do nothing President and vice president. A 50% cut would be a good start. They aren’t worth even that. The federal government needs to shed about 50% of it’s workforce. The only way to lower taxes to business and everyone else is to shrink government and many of the rules the government employees are hired to enforce. It is insane to allow illegals to continue to work here and consume public benifits when we have to borrow the funds to pay for them. Our leaders are nuts!

  • Highspeed

    Michal, You wrote “Our politicians simply do not care that America is bleeding jobs.”

    This is absolutely true. I have written to and called my congresswoman, both my senators for months now. All I ever get in return are form letters spouting the same party line. I recently wrote congresswoman Sue Myrick and told her that “I would do everything in my power to see that she is never elected again.” I am so frustrated with these people, as are thousands like me. These people who are playing with our lives had better wake up too! When this economy does finally collapse I think many of our elected officials will finally understand our anger and frustration. You politicians will be held accountable, even if the people have to chase you all over the world like world war II criminals.

    • Michael

      Highspeed:

      I think a lot of people feel frustrated. I applaud you for trying to communicate with your members of Congress.

      Unfortunately, I don’t think most of them are much interested in hearing from us.

      Michael

    • Gary2

      At least you did not need to pay $15 per question like Paul (road to poverty) Ryan charges to his constituents who want to meet with him. Don’t like that then too bad. This is true-Google for your self to see. You can’t make this shit up! Why are so many dumb asses keep voting for this scumbag puppet of the rich???

  • Jeff

    Unfortunately this is an great article.
    The US economy and job situation is not great at all.

    Gogle/Yahoo: DailyJobCuts

  • Gary2

    Michael-it has already sucked the hope, not currently sucking the hope.. I see foolish dolts turn down the high speed rail money which would have created thousands of jobs I loose hope in my fellow man for being so utterly clueless and voting these bagger gov in.

    • Blueskies

      Oh, you mean the high speed rail the Chinese were supposed to build here with Chinese steel? Yeah, those baggers were real dolts for being pissed off the contracts were not going to American workers using American steel.

  • V

    “What do you tell someone that has spent a year sending out resumes and has used up all of their savings?”

    You tell them to get as far away from our usury clogged, petro-corporate, capitalistic, consumptionism based system as possible. You tell them that how we’ve been living has been an unsustainable fantasy. You show them how the earth is responding and you ask them if there might just be something wrong with wanting it all to just to go back to “how it was” when we were all gainfully employed doing nothing of import. You tell them to put down their ‘out of work’ signs and get to work on the land, the way our _real_ forefathers did. You tell them to band together and ********* anyone who wants to call it communism or socialism.

  • Mad Max

    The disappearing jobs effect is a phenomena pointed out by a Computer scientist in “Death by Technology”. He says ever sense the industrial revolution the trend toward higher unemployment has increased. Even though we’ve had fluctuations the trend upward hasn’t changed and is starting to increase because of the exponential growth of our technology. Scary stuff. The bad news is, there will never be low sustainable unemployment. Even a massive publics works program is only a temporary blip. The good news is, we are free. We don’t have to work 40 to 80 hours a week. We don’t have to work 2 and 3 jobs just to make ends meet anymore. But we will have to stand up!

    If you are an American, you have to read read “Common Sense 3.1” at ( http://www.revolution2.osixs.org )

    FIGHT THE CAUSE – NOT THE SYMPTOM
    We don’t have to live like this anymore.

  • Gary2

    The gov needs to tax away all the money businesses are sitting on and provide jobs for the Gov similar to the CCC.

    As far as business paying so much in taxes why don’t you look at all the ones who pay zero???

    as a percentage of tax revenue corporations have never had it better. What is it now 6% when it used to be in the 30 % range?

    Cry me a river for the poor overtaxed businesses. I think I’ll go and drop a job creator in the toilet.

  • liberranter

    Our politicians simply do not care that America is bleeding jobs.

    Good grief, of course they don’t! These are the agents of the Invisible Elite who are charged with taking down the economy and turning what little is left of the middle class into lowly wage serfs.

    I’m sure these same Elite are counting upon their armed janissaries in the military and police forces to both protect them and contain the inevitable violence that will erupt in the face of economic collapse. But one wonders if this will happen once these mercenaries start feeling the same economic heat as the people they’re ordered to slaughter.

    • knightowl77

      Having been in the military and law enforcement for more than 30 years, I can tell you that there are many Oath Keepers who will not violate the Constitution and obey illegal orders…I do worry about a lot of the Federal LEOs who seem to support big government and the regulators….

  • TucsonKK

    Poor Salley but she is paying for SS and Unemployment but when Salley gets older she will be told “Sorry but you can’t claim SS” and if by chance she looses her job after paying for unemployment she will be told “Sorry our budget can’t pay you benefits”.
    What about the college grads that can’t find work, the self-employed like real estate agents,
    and yes the under employed so the total is much,much higher.
    The sad Corporations with the higest taxes here,
    really 38 big corporations paid no taxes and even got refunds in the billions while they outsourch.
    3 free trade deals OB is pushing will elimiate 800,000 US jobs.
    See OB has surrounded himself with the Corporate elite and he believes all that they say and their interest is not here but how to increase share holders profits while increasing the CEO’s pay & bonuses.

    Welcome to Corporate America(Greed & Power}

  • El Pollo de Oro

    What is going to happen in The Banana Republic of America (formerly the USA) when the despair, pessimism, anger, suffering and hopelessness continues to escalate? Things are going to get very violent. Crime will skyrocket. Slums and shantytowns will be breeding grounds for all kinds of crime and violence, much like the favelas of Rio de Janeiro. If you want a sneak preview of what the country’s hellish future will be like, here are some very strong possibilities: Ciudad Juarez, Caracas, Papua New Guinea, the Tepito section of Mexico City, the Hillsbrow area of South Africa.

    Michael T. Snyder says he knows he picks on Detroit a lot—hey, no problem, I known I pick on Ciudad Juarez and Caracas a lot. And I do it to make a point: things can get really nasty when desperation is so common and so widespread, and there is a lot of hardcore desperation in the BRA these days. The desperation will only get worse.

    “You’re going to see crime levels in America that are going to rival that of a Third World country. Welcome Mexico City. You’re going to start seeing people being kidnapped in this country like they do in other underdeveloping nations. It’s going to be very violent in America.”—Gerald Celente

    “When people get hungry and desperate, things get ugly. And I’ll tell you where it’s really going to get ugly: crime is going to go to levels we’ve never seen before.” —Gerald Celente

    The sad reality is that the former USA, now The Banana Republic of America, has become a Third World hellhole. As the late Irv Homer (a Libertarian talk show host here in Philadelphia) used to say, we’re in a pickle.

  • PitBull Pappa

    Though I’ve been prepping for the coming SHTF scenario, I’ve recently decided that it’s time to start prepping to expat out of the good Ol’ U.S.A. I’ve got little over three more years until my passport expires… I hope things can hold together long enough before it does.

    Keep stack’n… hold stron & go long…

    PBP

    • 007

      Good idea to keep your passport up to date. Right now a nice tax free pacific island sounds very nice.

    • sharonsj

      Unless you are really rich, you aren’t going to do better elsewhere. There are many places that are worse off. At least the U.S. still has enormous resources and you can live off the land in rural areas.

  • Otown Right Guy

    Unemployment is much worse than the media lets on. It is much worse than the official stats show and it is getting worse. And to top it off we have stagflation – wages are not keeping up with inflation OR taxes.

    This Christmas will be the worst ever season for retailers. I think I will give silver coins as presents.

    • Jeremy

      Correct. When you consider that the unemployment rate is only a percentage of those who are unemployed less than six months, and are actively looking for work. Of those who are underemployed (working part-time when they would rather work full-time), out of work longer than six months, and those who are not looking for work, the number is in the low 20s.

    • Gary2

      Also do not forget about the HUGE underemployment rates.

  • Mike Litoris

    First off; I LOVE your articles! They tell it like it is. Second; FORGET TRYING TO SAVE THIS COUNTRY! Save yourself instead. The VAST MAJORITY of Americans are not even Americans anymore. And of those who ARE, at least 70% is absolutely incapable of critical thinking.

    Here’s what’s going to happen to the US in a nutshell; it will continue to increasingly slide into Third World status, with extreme numbers of unemployed, growing racial tensions, rampant lack of Rule of Law, an inoperant judiciary, an absent executive and a completely corrupt legislative branch. Americans will be TAXED TO DEATH and the numbers of homeless will EXPLODE. Crime will spread to previously safe areas. Those that seek ACCOUNTABILITY and operation of law will be PERSECUTED (already are!). Americans will start to EMIGRATE in massive numbers.

    I know *I* will!

    • Michael

      Mike:

      I am glad that you appreciate the articles. :)

      Sadly, I believe that you are right – there is not much hope for America as we know it. But hopefully these articles are doing a lot of good for individuals and families.

      Michael

    • Save the Republic

      Unfortunately, I also believe you are right. I can’t help hoping that the American spirit of generations gone by would be rekindled, but most Americans are too brainwashed or braindead from being infatuated with celebrities and entertainment. It will become all too obvious that the situation is utterly hopeless when all the people that are suffering today vote next year for the same scum that represent them now, and they choose another Dem or Repub used-car salesman type for president again. Actually, I think most Americans are so stupid or lazy that they only bother to vote for the presidential election, not having a clue that it’s just as important to vote for congressional representatives. If there is any slim chance to save this country, this will be the last national election that it can happen. It will definitely be too late if things don’t seriously change this time.

    • CatNap

      Nice name, Mike.

  • McKinley Morganfield

    Politically there is no way to turn this around, grow the economy, and produce jobs. The elites, for the most part, do not understand the situation and remain interested only in the next election cycle. The citizenry likewise does not understand the depth of the problem and even knew the truth a majority would probably vote to keep kicking the can.

    The sane approach is to take a 20-30% hit to GDP and watch the too big to fail’s go bankrupt as $100-200 trillion of ‘toxic assets’ (what an oxymoron!) are flushed down the toilet of the global economy. Of course other issues must be corrected, like illegal immigration and trade agreements, but the rot in the financial sector is the first hurdle we need to jump. We will continue to refuse to take this difficult step until a crash forces the hands of government around the world.

  • Lennie Pike

    Obviously the content of what U.S. Trade Representative Ron Kirk had to say is untrue and therefore yet another LIE! – but also look closely at the manner in which he speaks. He does not speak coherently or in complete sentences. He has all of the traits of a scatter-brain who has no focus or attention span – the perfect type of lieutenant that is proficient in double-speak bullshit that the PTB seek out to represent them to bullshit the sheeple. The PTB are forced to lie due to their agenda, so their representatives have to be proficient in sounding like they are experts while at the same time spewing a bunch of bullshit.

    In all probability he is either a pot-head and/or someone involved in dark side of life and therefore an acceptable representative of the “luciferic” world agenda – as a frequent and knowledgeable commentator to this site often puts it.

  • http://economiccollapse alreadyGone

    How Do You Break the American Spirit? You take away there jobs,there livelyhood,there homes,tax the hell out of them,keep twisting the screws tighter and tighter,you beat on them and beat on them until they give up.Hitler did it in europe in WW11 now obama bin laden and his
    Democratic Towel Heads Are Doing The Same Here.
    IF The People of this country Give Up We As A Country Are Done, Finished,Years of hard work.
    Dreams, Hope For A Good Life Gone,up in smoke for What? So Politicans in Washington Can Determine How You Are Going To Live,What You Are going To Eat,sounds like a Dictatorship to Me.Basically What they are telling you is that
    you as an Adult Cannot Handle Responsibility..They treat Americans Like
    they are two-year kids,but every election the same people vote these jerks back into office.It
    Would Be No Different if An Asteroid Was Headed
    For Earth And Hit it They would not Tell You,Because in there Mind You could Not Handle it,you are to immature.They have there up to date underground Shelters so why does anyone believe they actually give a shit about anyone but themselves.That is why I Love This Website,
    Because Somebody Actually Cares And Is Trying Very hard To Get People To Wakeup before it is to late. Only God Knows. Prepare,Prepare And Prepare.

    that i s

  • James

    If American companies pay the highest tax how come GE pays no taxes!
    I call bullshit! American Corporations are taxed about in the middle when compared to other Nations, Germany pays a much higher tax rate then we do, yet they have a much lower unemployment rate and they have a much higher regulatory system then we do and most of the workers are in unions…..

    • 007

      The German tax system is so corrupt it is the norm that everyone is forced to try to cheat on their taxes.

    • Old Man

      You are right. US corporate basic tax rates is just about the middle compared to G8. But US tax codes, especially business taxation, is extremely complex. Endless amount of exemptions, write-off, credits, depreciation, etc etc. So that when corporate tax experts are done with filing returns, the net effective tax corporations pay is actually quite a bit lower than G8.

      But don’t count on corporate representatives admitting that. They always want even less tax, and the best is no tax at all.

      It’s called profit maximization and hell with society.

  • Gary2

    Libertarians and “free market” economists praise Wal-Mart’s low prices achieved by offshoring, but these prices do not include the costs of the decimated state and local tax bases that are destroying American cities, the costs of the high unemployment and the personal depression, crime, and income support programs. These and other costs are expenses imposed on third parties by the movement of American jobs abroad in order to maximize profits.

    The earnings of offshoring corporations and retailers do not include all of the real costs. If the costs of offshoring were included–the unemployment and destroyed careers, the cutback in public services, the impact of the trade deficit in reducing the exchange value of the US dollar, and so forth–offshoring would not pay and would not occur.

    Here we see one of the greatest failures of capitalism–the ability to produce by imposing the costs of production on innocent third parties who do not participate in the gain.

    The winners in free trade should compensate the loosers. Clearly these companies who offshore are winning at the expense of our country.

    All but the last paragraph are from Gerald Celente trend alert of 8/21/11.

  • joshua10

    Yes sir. The third world banana republic of the United States of America is officially here. The slope of cultural decline only gets steeper from here.

  • http://www.planorperish.com/ Gutter Economist

    Any job creation plan should make manufacturing in the USA most profitable and manufacturing offshore least profitable.

    Taxes of businesses that manufacture in the USA should be decreased (tax cuts). Taxes of businesses that manufacture offshore including importers should be increased (tax hikes).

    Offshore manufacturing jobs should be crushed with tax hikes and returned to America.

    Has anyone in congress done the math or is congress owned by offshore manufacturing businesses?

    Replacing taxes with debt (Reagan / Bush stimulus) and debt based spending (Obama stimulus) are both a hoax and will never create a significant number of new jobs in the USA.

    Please wake up America – get rid of all democrats and republicans in Washington.

    • Old Man

      To do what you suggest, USA will have to exit being a member of the WTO.

      Are you prepared for the consequences?

  • a cruel accountant

    Average wage in USA < $25.00/hr and declining 1-2% per year.

    Ave wage in china $2.00/hr but it is rising 10-20% a year

    One day they will meet. Until then the USA will suffer.

  • Colin

    In Houston today, people held a mock funeral procession for the good jobs that have been lost. Here is more information on this event:

    http://thinkprogress.org/economy/2011/08/23/302188/mock-jobs-funeral/

  • the Beast

    The finest quality of men is shown during the time of turmoil and troubles. Gold and steel are purified in fire and heat. Soft souls linger in time of calm and prosperity, tearing the human out of us.
    Living in bearish period is not always good for our conditions in the afterlife. Embrace the coming of hardship through steadfast believe in the Almighty. The USA is nothing more but past history, just as past empires have fallen. The survivor of this dying empire must find way to survive, and they will survive, God willing.

  • bobcat

    This country is a pressure cooker. The steam is building. The boiler could explode any minute. When it does, the rest of the world will stare in silence with their mouths open as the shining city on the hill goes up in flames and it’s populace kill each other. At least half the people you know will not survive the coming strife. Half of those who do will starve afterward.

  • 007

    Excellent article. I got so motivated I wrote my Senators and the President about this critical issue. It is absolutely tragic that this is not even a campaign issue.

    • Michael

      Thank you – I also really wish that our politicians were talking about these things.

      Michael

    • Mike Litoris

      Lol. I only write the President and other political leaders TO INSULT THEM. I mean let’s face it; these ********** don’t even READ their e-mails, they simply have some pimple-faced intern go over them and take note of the general tone of the message(i.e. whether it was ‘supportive’, ‘critical’ etc) IF they do even THAT.

      The only “change you can believe in” at THIS point in America will NECESSARILY need to come from ************.

  • mondobeyondo

    For myself…26 months and counting.

    Unemployment ran out long ago. My savings keep me going in the meantime, but that won’t last forever. Supplemental income consists of selling aluminum cans (good to know I contribute to helping the environment! Yaaayyy!)

    Up until recently, I’ve been looking, and replying to job requests. But it is so depressing to see your resumes somehow disappear into the Big Resume Black Hole, never to be heard from again. I’ve gotten into that “why even bother anymore?” mode, but you got to just keep pushing on.

    Personally, I’m starting to lose hope. Perhaps I am condemned to a future of cooking fried chicken for a living. If it comes to that – yeah, I can accept it. But I think society at large would not benefit from my potential skills as a chicken fry guy. (You want extra crispy? Sure, I can do that for ya!) As someone who was trained as a computer graphic designer – well, um, I guess I can work in a KFC career somehow……

    • mondobeyondo

      And before people start complaining, “Hey, you leeched off the government while you had your own savings?? You thief!! You didn’t have to do that!”

      Every paycheck I received, there was a deduction for unemployment tax. I paid a portion of it every week into the system. Your employer (if you have a job) pays a portion as well. It was for the very purpose of the event of myself, as well as other workers, becoming unemployed, to help you cope WHILE YOU LOOK FOR WORK!!

      Those funds were/are set aside for that very purpose. Therefore, I was not “leeching” off the government. Now, as for those who collect unemployment and do nothing to help themselves besides park their derrieres in front of the TV watching Judge Judy…. that’s another story.

    • Michael

      Wow – I had no idea that things were so bad for you Mondo.

      My wife and I will say a prayer for you and for all the readers that are looking for jobs right now.

      Michael

      • mondobeyondo

        Thanks Michael – I’ll make it somehow, one way or another. Legally, of course. Robbing banks is not an option for me.

        • mondobeyondo

          And if all else fails, I still have my electric guitar. Heh!!

  • Paul

    China has 130 million unemployed, 130 million migrant workers and 600 million farmers with an average ANNUAL income of USD 300 (three hundred).

    And economic growth in China is 8-10% per year.

    In the South and East of China there is actually a labor shortage because people do not want to work for the low wages Walmart pays.
    (Walmart buys the products and wants to dictate the prices)

    • Jeremy

      Correct. While GDP growth is at 8-10% per year (5-6 right now), much of China’s prosperity is concentrated in fewer hands, and more people do not have real access to those opportunities.

      Chinese development featured the designation of Special Economic Zones. Over 30 years, the gaps in education, literacy, health, electicial and transportation infrastructure between these zones and non-zones have widened. Not only that, but that pesky thing called the “socialist-market economy”, which still features government control over the economy, crony capitalism, and the decision by government as to which industries are allowed to compete.

      • Paul

        On the other hand, the middle class is now about 400 – 500 million and the farmers shrunk from 900 to 600 Million.

        At the same time western companies give their technology as a gift to China for the “right” to invest (spend money) in China.

        Something to think about: a steam iron costs about USD 0.5 ex factory, in Walmart it costs maybe USD 5.0; The difference goes to a few sales people at Walmart and those 1 % Americans who own 50% of America.

  • DM

    God considers leaders to be shepherds. He evaluates leaders on the basis of how well they take care of the sheep.

    Our leaders, government and business, are responsible for the sheep in this nation. They are responsible for protecting the sheep from predatory wolves. They are responsible for feeding the sheep.

    If leaders take care of the sheep, God promotes them and gives them more responsibility or allows them to remain in their positions of authority. If leaders abuse the sheep, God removes them from their positions as shepherds. In other words, they lose their jobs and some of them lose their lives. Examples are politicians who don’t get re-elected as one-term presidents and business leaders who suddenly resign or retire.

    There is hope for this nation which comes from the Author of hope—the Heavenly Father who judges righteously on a daily basis.

  • Just me

    The idiot who held up a sign saying that fighting fire was fun should be fired and locked back up in his folks basemant.

  • karen

    You bet it’s only going to get worse!!! And the slime that shot that young girl is only going to get worse. I have been in my life time to many countries around the world and none that I have seen have as many low lifes as this country, I seen the army take a leak on reglious shrines of other countries with NO respect for others at all. When the military is deployed to another country they us TCN’s third country nationals, to do their diry work and pay them slave wages while they make a killing in their wages and come home and whine about needing to make more, they rape young girls and boys, they kill innocent people, the suicide rate in the military is higher than the total dead from battle, go figure that, they are on all types of anti-depressents. Now tell me where the best country in the world!!! And people here are losing everything because they are greedy that is most not all, I have been there and done that, I finally woke up and looked at my self in the mirror and said time to be accountable for my actions. Be responsible everywhere I go around here people have at least three new cars in there driveway and a nice house, boat and the list goes on the American Dream is coming to and end.

  • http://www.placeofrefuge2012.com Sheila

    I live in a very rural place in the mountains of New Mexico. Last week I met someone who’s truck was painted as one big sign.
    House painting
    Fencing
    Plumbing
    Car Repairs

    We were pumping up our trucks and I struck up a conversation with him and found out that he “WAS”
    a automotive engineer from Ohio, but lost his job, his wife, his house pretty much everything except this old truck he was driving as a rolling job application.

    He said that most places he passes through tell him to keep rolling on. He apparently made enough to get from Ohio to New Mexico but things looked pretty lean for him.

    That is when I realized that the depression WAS REAL!

    I’m sure that his job was sent to China!

    http://www.placeofrefuge2012.com

    • Michael

      Wow what a sign of the times.

      Great comment Sheila!

      Michael

    • mondobeyondo

      Even if you are a jack of all trades, and master of all, it’s still really rough out there.

    • Save the Republic

      There is a sign on the side of the road on my way home saying “I am looking for work, call Ken” and gives his phone #. Things like this truly are a sign that things are that bad. On the bright side: this may be a sign that people are trying to circumvent the corrupt system that only seems to benefit TPTB, by going outside the loop of the bureaucracy and interacting on a personal level.

  • 99er

    What fun it must be for China cashing those multi-billion dollar checks they recieve as interest on our debt to them. It gets even better when they loan it back to us by reinvesting those dollars to buy more of our Bonds and T-bills and see those interest payments grow.

    Fortune cookie: “Foreign uncle will make you rich”.

    • Paul

      Why do you buy Made in China?

      Because it is cheap.

      You do not care that it costs jobs in America, as long as it is cheap.

  • http://www.placeofrefuge2012.com Sheila

    Yes this is true, people are beginning to use SSI disability as unemployment insurance.

    I hope all the unemployed masses turn to SSI to support themselves, the more that get on SSI the quicker this rotting mess will collapse.

    http://www.placeofrefuge2012.com

  • JW

    I have been out of work for over 3 years and worked for a Belgium company. I brought in numerous multi million dollar opps and in October 2008 they let me go after a 6MM deal was brought to them by me. THey kept the worthless SOB counterpart who was Balgium and let me go instead giving him my very hard earned project. I’d like to punch every washington official in the nose for selling us out if it was legal. I’m so tired of the excuses and the lying. We’re really hurting out here in unemployment land and I hope they all go to hell in DC if they don’t fix this problem. It is a disaster for many – including myself who has lost his home, savings and 401K. Nothing left – grace of the church keeping me alive. What dream I ask – what dream? WAKE UP WASHINGTON!

    • mondobeyondo

      It’s like the George Carlin quote – “they call it the American Dream because you have to be asleep to believe it”.

  • American citizenship

    Michael writes #2 The Obama administration has now instituted a policy of “backdoor amnesty” for illegal immigrants by executive fiat.

    What we all should do is renounce our American citizenship, leave the country, sneak back in, follow the “backdoor amnesty” route Michael describes and then we would be better off.
    Makes sense to me how about you?

  • jerry O

    What has happened to our wonderful country?

    We used to be #1 in every area.

    Now other countries are slowly eating away at us.

    There should be jobs available but the
    government and unions keep getting involved
    and making it harder and harder for companies to
    create new jobs or even stay in business.

    I think every one should look at ways to
    prepare themselves for whatever may come.

    Experts are predicting another major
    depression.

    I began looking some time ago to find
    out what wealthy people are doing to
    expand their wealth.

    I am so glad I found this site:

    I’ve pretty much taken all my money out of stocks, and was searching for something to do with it when I found this site put together by a millionaire:

    How to Profit like the Ultra-Rich in Times of Economic Chaos

    Free Video here-

    http://theelevationgroup.net/presentation/register.php?a_aid=160667&a_bid=290b868b&chan=y

    It is not about starting some home business or
    getting involved in some pyramid.

    It is about how to follow in the foot steps of
    millionaires.

    I learned a long time ago to find someone successful and follow in their foot steps and you will be successful also.

  • onecansay

    The RISE of the (Now a legal Person with all the rights of such)”CORPORATION” is the REAL reason for all of this.

    Greed, Lust for Power and Control by VERY Few have led to this.

    Complacency of the MASSES have led to this!

    Old America was vigilant.

    Old America kept religion out of your face.

    Old America was populated by those ‘THAT TOOK RESPONSIBILITY FOR THEIR OWN ACTIONS’!

    The NEW America is now part of the One World Government.

    The NEW America is now part of the One World Religion.

    The NEW America is now The Largest Prison Facility in the World.

    Welcome, America and Americans, to YOUR Future.

    You DID ask for it, did you not?

  • ROBERT CATES

    TOM CHITTUM IS RIGHT!
    2nd Revolution or Civil war will happen in the U.S. Soon!
    Sadly people in AmeriKa will not wake up. People who depend on, or still believe in the establishment are fools!
    MIKW L your right, people do not bother to try and save your country. Save your families. Work together in your small communities. Prepare,educate and then help rebuild this nation.
    I know some of yall are saying “that wont happen” the same people thought AmeriKa would never be attacked until sept,11, 2001.
    Food,protection and cooperation should be prioritiy!
    Me, I am not leaving. This is my country, and we all owe everything to those people who sacraficed so much during the first REVOLUTION. It is a DEBT that I am ready to repay by ANY MEANS NECESSARY!!!!!!!!!!!!!!!
    I dont know if its authentic or not but read “Washington’s Vision” it will make your hair stand on end. A great turmoil is comming and all the bad people, with some of the good will be purged from AmeriKa. America will be born again!
    SUA SPONTE!!!!!!!!!!!! 1987

  • Gaey Ehlenberger
  • Fem

    Well, thanks for the info.

    But how about answers to the simple question of ‘markets’ ratios relative to resources and needs, including people?

    For example, what portion of the economy is in stocks? how long have people been ‘betting’ against their own chances by ‘funding’ the competition?

    I guess the ‘book keeping’ was forgotten, the people got busy counting imaginary wealth, the effort was rather focused in the wrong competitivenes (also imaginary), bullying and smooth talking became assets. That looks like is the actual economy for the people.

  • George Orwell

    I read a book in 1992 “America what went Wrong” It detailed everything that is going on in this country now. I was trying to understand what caused the recession back then. In 1992 I saw people fresh out of law school trying to get car salesman jobs. In 2011 I know people with Masters and Bachelors degrees that cant get an entry level job in retail. Property values around my area down 30% or more because everything is forclosed. Tax base down and my damn county enacts SPLOST tax that will never go away! County commisioners and some law enforcemnent abuse goverment vehicles via personal use.$$$$$$$$$$$ money money money and the GD goverment wants more from us . We go without while the Goverment leaches get more and more!!!!!!!!!! Enough!!!!!!!!!!! Now I hear that some people in the federal goverment want to do a means test in order to get S.S. SO If you are capable and responsible enough to save for your own retirement you may not get any money back that you have been paying into from S.S. While the GD goverment gives it away to every slithering boader jumper that get here. IT GETS BETTER!!! The goverment is trying to figure out ways to tax the APRRECIATED value of you 401K or any other retirement money you have. Goverment wants to call it INCOME. AND STEAL IT TOOOOOOOO!!!!!!!!!!!!!!!

  • Jimmy

    Free trade and outsourcing must be canceled now or you will see a super great depression, you simply can’t get rid of millions of jobs and expect a thriving economy, that should be clear to people by now, hasn’t it got worse each year we have had free trade? Let’s start with not buying foreign products.

  • Piglet

    “Right now our economy is rapidly hurtling downhill on a bus without breaks and we are headed directly for a cliff.”

    – I think you meant “without brakes.”

    • Michael

      Oops how could I have missed that one! Thank you for pointing that out.

      Michael

  • Jimmy

    One thing that many people don’t understand is that manufacturing creates many many jobs, and that it is really the best foundation of any economy, if you have a good product, people will buy it, then the orders increase, so suppliers, delivery people, accountants, clerks and everyone else can get busy, and they buy more stuff and around and around we go. But what we have done is ship all the manufacturing out thru free trade and outsourcing so a few could profit more, and in the process we have over crowded the service sector and brought in illegal aliens to compete for those jobs. Ross Perot tried to warn us about the giant sucking sound of the jobs leaving, the Elite threatened to kill him and his family which scared him off and it all happened and here we are now in a dieing country, so what can we do about it, we could block the ports in a peaceful protest, everyone could drive to the port and their car could quit running, the railroad yards could be another place this could happen, remember what Ghandi did, they simply sat down in the streets, no one would load a truck until the British gave up, the British couldn’t shoot everyone or arrest them all, something like this is our only choice, the Politicians are bought and paid for, they will say anything to get elected, we are going to have to do it ourselves, and if we break down at the port entrance trucks won’t be able to get out plain and simple.

    • D

      The Invisible Elite (NWO, Illuminai, whatever you call them) make sure all presidents who are elected will obey their command. NAFTA is the first major step to the NWO, and Ross Perot wanted to stop it. They didn’t think he would gain popularity, but when he did, they threatened his life – and his family. Surprised?

      JFK wanted to take power away from the Federal Reserve (involved in NWO). When he didn’t obey, they killed him 6 months later. This isn’t rocket science people.

      The democrat vs. republican mindset is the absolute most brilliant illusion the Elites ever brought onto this world. None of it matters. All presidents and politicians are puppets to them. If they don’t obey, they won’t be elected. If somehow they get that far, they will be killed.

      Elites call anyone who question the NWO and outside influence of politicians “conspiracy theorists.” Again, the greatest illusion of all is that there are NO conspiracy theories.

      • Doug

        D,
        There is more to conspiracy FACT than theory. The only theory here is free market capitalism theory! Good post!

    • Danny Sherwood

      Jimmy, You’re absolutely right about domestic production. It’s the lifeblood of this great country. Kill domestic production, And you’ve killed us.

  • Colin

    The Constitutional Convention in 1787 came about because the leaders (the ‘Founding Fathers’) were concerned that the alliance which existed between the states may fray, and the country recently born in revolution may die in the transition. It took a major war – the Civil War – to bring us together as a people. I think it’s still possible that our country may still break apart as economic and environmental pressures build.
    One of these pressures I think is the inability of our federal government to address the problems faced by the state, including joblessness.

  • Brooklyn Mom

    Hey everyone! Did you know about these people who are planning a day of rage September 17th?
    http://pubrecord.org/commentary/9654/americas-coming-its-beginning/
    Is this the beginning of populating the FEMA camps?
    Did our military know in advance that society would start to fall apart in the last days?
    Was the government knowledgeable and therefore responsible for all the recent events prior to it happening?
    Is this what they mean when they say “get out of the big cities while you can”?

    http://pubrecord.org/commentary/9654/americas-coming-its-beginning/

    • Jimminy

      I agree, get out of the city ASAP. It’s just not save anymore. People have changed over the last 15 or so years and will now simply take what they want. Even if we would “distribute” all the wealth… what makes you think that everyone would be happy with their share. People that get stuff for nothing only want more, more, more… We don’t have much but we invest in food insurance. Saw a link here a while ago to http://www.shelfreliancesanantonio.com We got a free discount account and love the food and emergency items they offer.

  • Steven

    Everyone,

    Go on youtube and search “Prophets of doom” its about how the US will probably fall apart.

    Interesting stuff.

  • mondobeyondo

    What would Thomas Jefferson say about our present situation? Since he’s long dead, we can only imagine, and perhaps place a microphone near his grave, to hear that spinning sound…

    “I TOLD you!! I TOLD you this would happen! My whole speech about our descendants waking up homeless in the continent their forefathers conquered. And you didn’t listen!! Do you believe me now?”

  • http://econimiccollaspse alfred e numan

    Any one that does not think that all these things are by design is a brain dead idiot. end of comment.

    • CatNap

      Well said.

      A comedy of errors, it’s not.

  • Maxx

    I wonder;

    If wherever our Founding Fathers are, they are beginning to have some second thoughts…

    B. Franklin must be in tears – it seems The Great Experiment is failing.

    Good evening.

  • Randy

    U guys are all killing me. It is difficult to keep up with all the posts for each article that Mike posts. I am working seven days a week, I get on here about 9 at night. I have a bachelors degree and am now working labor jobs. What do all of you do? I wish I had time to respond to every stinking post put up here. But I don’t I am one of those americans who is fighting tooth and nail to not be on the dole. By the way, most of you have absolutely shitty grammar. Learn how to spell. Might be what is wrong with the country.

    • you need a career change

      Hahahahahah Randy sucker, some of us work in law enforcement 10 hour shifts, 4 days a week, some of us work in health care 12 hour shifts, 3 days a week, some of us are teachers and have the entire summer off, some of us work nights and have every day off, some of us are semi retired we work just to keep busy or have fun! some of us have our own business and let people like you work for us ..sucker!!!
      hahahahha Randy STILL WORKING YOUR 9-5 ??? 7 days a week?

      READ!!! Find out what careers give you flexible hours and make a career change, most of us did and we have sooo much more time on my hands and make a fantastic salary!!!

      • RootCauses

        Law enforcement, health care, teachers, semi-retired (Social Security)….

        Sounds like Randy has to work so many hours to keep you all on the government teat.

    • Maria

      Randy,

      Guess your language fits right in with our grammar. :-)

      Take a breath man. Relax. The blog will be here when you have time.

      Everyone has a voice here…even if their English grammar isn’t as good as yours.

  • L.Overduin

    Rev.18:[1] And after these things I saw another angel come down from heaven, having great power; and the earth was lightened with his glory.
    [2] And he cried mightily with a strong voice, saying, Babylon the great is fallen, is fallen, and is become the habitation of devils, and the hold of every foul spirit, and a cage of every unclean and hateful bird.
    [3] For all nations have drunk of the wine of the wrath of her fornication, and the kings of the earth have committed fornication with her, and the merchants of the earth are waxed rich through the abundance of her delicacies.
    [4] And I heard another voice from heaven, saying, Come out of her, my people, that ye be not partakers of her sins, and that ye receive not of her plagues.
    [5] For her sins have reached unto heaven, and God hath remembered her iniquities.
    [6] Reward her even as she rewarded you, and double unto her double according to her works: in the cup which she hath filled fill to her double.
    [7] How much she hath glorified herself, and lived deliciously, so much torment and sorrow give her: for she saith in her heart, I sit a queen, and am no widow, and shall see no sorrow.
    [8] Therefore shall her plagues come in one day, death, and mourning, and famine; and she shall be utterly burned with fire: for strong is the Lord God who judgeth her.
    [9] And the kings of the earth, who have committed fornication and lived deliciously with her, shall bewail her, and lament for her, when they shall see the smoke of her burning,
    [10] Standing afar off for the fear of her torment, saying, Alas, alas, that great city Babylon, that mighty city! for in one hour is thy judgment come.

  • Brandy

    yet again I just tried to show my 20 yr. old daughter this site and I asked her to read some of the articles her reply: I don’t want to read this is so stupid…. then she walk away. I guess they think me and hubby can just keep on supporting them for the most part. my child works a 22-30 a week job at minimum wage for the pizza hut, apparently she is happy with that considering she lives at home and can never afford to help us out with any bill. I am just very tired then I see we are headed back in to a recession again even though I don’t believe we ever left the first one.:(

    • Michael

      Brandy:

      Thank you for encouraging her to read the site. Unfortunately a lot of young people are not interested in these things.

      Michael

    • Old Man

      Dear Brandy,
      It’s your duty to teach your 20 year old daughter to grow up. She looked at reality in EC and immediately cannot handle it. This is, unfortunately, very common with young folks these days. Tell her if she keeps it up she will be wiped out like millions of the Z Gen. Oh yes, Z does not only mean they come after X and Y Gen. It also mean zombie.

    • char

      i’ve also tried to get my kids to get interested in whats going but they just think i am going off the deep end. when my husband and i became preppers they then started to see that we are really afraid and that means they should also be worried.

    • RootCauses

      Sounds to me like you’ve made things a little bit too comfortable for her, Brandy. There was once a time, really not that long ago in human history, when 20 years old was nearly the halfway point of a lifespan. Now it’s the halfway point of adolescence, which seems to extend to age 30 or even beyond these days.

      My mother loves to come over to my house and complain to me about my sister the “starving teacher” who traveled to three continents this summer and can afford a new car, but can’t afford to pay rent.

      One of the biggest problems in America are children who run the household. Tell her to pull her weight or get the hell out. If you don’t have the stomach for this then you’re part of the problem, just like my mother.

  • Michael

    The following comment was submitted by email by a reader named Peggy. Hopefully some of you will find it to be helpful….

    ———————————-

    I read your article on boomers having to work the rest of their lives. True, by plan. But I wanted to let you know that there are jobs in Western Oklahoma. We are not suffering as bad as the rest of the country because we have oil jobs. There are help wanted signs in lots of businesses. Truck drivers, laborers, clerical, waitresses, etc. We came here in 1982. There were jobs everywhere and they said the oil boom had dwindled. It was good for us. It is in a little boom and they need workers. Just thought I would let you know.

    • char

      great to hear about jobs somewhere, but they wont be there long the illegals will find them and they will be gone. they have also taken oilfield jobs here in LA which was the main job source here. Now it will be even easier for them since they do not have to fear deportation anymore.

  • bobbobbobbob

    i was talking to my elderly friends and asked them about the ryan plan? i cant repeat what they said. mr o will win so what! china STILL RULES U. U have had it once but no more!! brush your teeth and eat lentils rice beans — but u dont know how to cook. so learn how!!!!NOW

  • W

    The video about detroit:

    It has 50% illiteracy, and >20% unemployment (sorry, cannot remember what the actual number was).

    Given the illiteracy rate, how can you employe illiterate folks for world class jobs? Factory workers are essentially computer programmers now, to run the machines.

    I’m NOT saying the folks are stupid but…why are they illiterate?

  • Alasha

    This stories always make me cry. Unreal what is happening around us and everyone is just being obvious staying in their own little niche. Including me. Not to mention all the senseless wars and starvation … gulp

    Heaven, please Help us Father!!1

    amen.

    • Old Man

      Alasha,

      You appears to be a bit innocent about the whole complex mess created by the powerful and ‘wisemen’ who run things. I don’t want to bother you with the complicated sorry details. Just want to say this: America devastating situation is completely home-made & man-made, with intentions and design. Therefore, there is no need to pray for solution like some natural disaster. Simply put, what America did the past 15 or so years are responsible. So just don’t do it anymore. Instead, do the exact opposite. Things will get a lot better, I guarantee you.

      Trouble is, of course, there are still many people who don’t believe what I said.

  • http://www.econoside.com/ econoside
  • CatNap

    Quote: “Big corporations don’t exist to provide you with jobs. They exist to maximize shareholder wealth. If taking your job away and giving it to someone in Asia will make more money for them, then that it exactly what they are going to do.”

    It seems to me if the stock market were abolished along with the Federal Reserve, America would be better off.

    Two major sources of grief for the masses!

    • Tom

      Abolishing the stock market? This is a joke, right? People would no longer be allowed to trade titles to capital, and they would be violently restrained and jailed if they did so? Nice society you have in mind.

    • jackrorabbit

      Without greed, there would be zero incentive to have any businesses at
      all. Businesses don’t start up to create jobs. They start up so that
      the person starting the business can make a living. As it expands
      beyond what he or she can do alone, THEN they hire more people to work
      for them. Only as long as the cost to have them is lower than the
      amount of money they bring into the business.
      Regulation and taxes
      are the main reason that small and medium businesses are not hiring. It
      costs roughly $10,000 just to add a person to the payroll(15% pay added
      for medicare, SSDI, and unemployment alone gets it to $5K), then you
      have training costs and insurance. Then you have to pay them their
      wages. So, if that person doesn’t add $15,000 or more to the bottom
      line, then a part time employee would be a foolish thing to add. Full
      time, now you have to add healthcare or pay the fine. So, they need to
      bring in $20,000 before they are worth hiring.

      See the issue?
      Where is the real problem? The “greedy” business owner that needs to
      cover the cost to run a business and have enough to live on, or run away
      government and the taxes and fines that make it cost twice as much to
      hire someone.

      The 0.01% that you are referencing with your $2.6
      million is not the right place to look. That group only employs about
      10% of the work force. The vast majority is hired by the small business
      or middle business, that hopes to GROSS $2 million(that’s what they
      earn before taxes, fines, wages, overhead, inventory, ect.), so the
      owner can earn $100,000, if they are lucky.

  • Rover

    Gary North addresses some of the arguments in this post here : http://www.lewrockwell.com/north/north1025.html

    • http://www.planorperish.com/ Gutter Economist

      Numbers never lie but liars use numbers:

      The “data table” supporting this attack on theeconomiccollapseblog claims that 74.9 percent of a motor vehicle purchased in the USA is manufactured in the USA.

  • John O’Neill

    Although it won’t guarantee that you’ll make it throught the other side, you might want to make sure you have grub (storable food), guns, and gold and or silver. Oh, and don’t forget the water filter. It’s either us or them. If we don’t sink the Federal Reserve, they’re going to sink us as they are already in the process of doing so. The depression during the 1930’s was orchestrated by the banksters and so is the depression of the early 21st century. Hang onto your hats folks, because a real hurricane is a coming. Hey Randy, how’s this grammar?

  • Kevin2

    Gary North misses the point. The delta in labor cost is too great. It’s an interesting concept of each nation producing the goods they are good at. What happens if it’s 80% of all goods made and the remaining 20% is insufficient to provide enough wealth creation to support the USA?

    Why do we care if we compete with another states workers in the US verses China? Well the workers in the other state pay taxes to the Federal Government and by being employed don’t suck off the US economic safety net. Workers in state A can easily relocate to state B to take advantage of the job opportunities with a fair chance of making a living. You can’t move to China and would not want to for 50 cents / hour. Gary North is comparing apples and oranges. There is a big big difference.

    The theory of comparative advantage is nonsense in the real world.

  • JerryParker

    Deregulation of the financial sector and of the multinational corporations has let these turn together into the Dr. Frankenstein’s monster of the U.S. economy.

    While everyone else suffers, the banking, insurance, investment, and international industrial élite attack the rest of the economy. Atop that, taxpayers finance their losses! “Too big to fail” for them, “too little to matter or to bother with” for everybody else. The “AmeriKKKan dream” has become one that is only for the superrich.

  • Doug

    To add to poor Sally’s dilemma, … My $3.00 calculator tells me we are in a depression… Here’s how. (maybe Buffet should have taken about $1,600 dollars and bought each congressman a $3.00 calculator.)

    The average person in America makes between $10 and $15 an hour…(max. $31,200/ yr) (NOT the average CEO, the average PERSON) We’ll say that they don’t even pay federal or state taxes, so after Medicare and social security deductions from their paycheck, on the HIGH end, they bring home about $2000 a month. ($15.00 X 40 hours = $600.00 a week. Times 4 weeks = $2400 a month. Take our about $100.00 a week in social security and Medicaid, you have $2000 bring home a month.) An average family plan of health benefits will run you about $150.00 a WEEK or more! So, take another $600.00 off of the $2000 to make $1,400 a month. With the elevated food prices, it will cost about $450.00 a month to feed a family of 3. If you want to argue with me about that figure, go to the store YOURSELF and feed your family on less, I DARE you. Gee, that brings it down to about $950.00 a month of disposable income. The tripling of fuel prices have raised the cost of filling up the tank to unreasonable levels. The average commute one way is around 35 miles, with a vehicle getting 20 mpg, that’s 3.5 gallons of gas per day, not including the loss due to traffic tie ups, or $12.25 per day in gasoline costs. Based on a 5 day work week at 4 weeks per month, you have $245.00 less in your monthly paycheck thanks to OIL prices, so you now have $705.00. A LOW electric bill would be around $100.00 per month bringing your total down to $605.00, car insurance around $100.00 a month for MINIMUM COVERAGE, so long as no one else in the house is of legal driving age, so you now have $505.00, add in miscellaneous household supplies and you lose about another $120.00 (Soap, shampoo, cleaning supplies) Go buy toilet paper if you don’t believe my figures, so now you have $385.00. Telephone is about $60.00 a month, water around $30, sewer around $30 ($385-$120=$265.00) So, if you go to Subway and get a sandwich for lunch while you are slaving for your employer, ($5 X 20 days a month =$100.00) you are now down to $165.00 a month. SO, YOU NOW HAVE $5.50 per day on a 30 day month left to your name… Want to know what monthly fees I DIDN’T include? Rent or mortgage, at about $800.00 a month, car payment, $300.00 car maintenance $50.00, Clothing $50.00, car insurance full coverage additional $200.00.

    So there you have it, your $15.00 hour worker is working with a $1,400.00 deficit just to survive in this country. Wasn’t long ago $15.00 hr was GOOD MONEY, NOW you need a DEGREE to make THAT, and you STILL live in poverty. But corporate America says you are paid too much! Well, screw them! If this isn’t reason enough for REVOLUTION, than WHAT IS? WAKE UP AMERICA!

    • Michael

      Very nice comment :)

      Michael

    • Theresa

      Which is why the wife has to have one of those $15.00 an hour jobs, but oops, childcare, second vehical expences throw it off again. That kid is just going to have to get out there and start bringing in cash from day one. How do you make money off children if you can’t farm them out until they are sixteen? Ah, second part time jobs for at least one parent. Families need three or more jobs to tread water these days, and four or five other people are trying for each of those jobs. Grim.

    • http://carellaross.com Ross

      not to mention the insult of all of those “income tax” dollars doing nothing but paying the interest on the loan from the federal reserve…..

    • RJ

      True story! How did the cat get so fat, how do they sleep at night?

    • pjkaka

      I’m American but Indian, and let me assure you that this current glut won’t last too long.

      Why?

      Because hiring workers in India and China will soon become nearly as costly as hiring locally.

      The average salary of a good mid-level engineer in India is between $1200 – $2500 per month. This has been steadily rising at around 7-8% each year because inflation in India is around 10%. Employers need to keep on increasing employee salaries if they want them to stick around.

      How long can this last until Indian salaries come on par with American salaries?

      Don’t believe the per capita income figures bandied about in economic surveys. The per capita income for middle class people in a city like New Delhi is around $20,000-$40,000 per year. Within half a decade, this will increase to $40-50,000

      At that rate, why would an American corporation hire an Indian worker?

      I would be the happiest person in the world if all the jobs moved back to America. Globalization has helped neither America, nor India. It has created a huge job shortage in America, and created millions of low talent engineers in India who can’t make a toothbrush, let alone a bridge or a computer program.

      Globalization is evil. It destroys local economies. It encourages short-term profits in lieu of long-term prosperity. I, for one, will be the happiest when all the American corporations take their jobs back to America and render half of India unemployed. We need to invest in something more substantial than menial, low-tier outsourced jobs for our people.

    • jackrorabbit

      Without greed, there would be zero incentive to have any businesses at
      all. Businesses don’t start up to create jobs. They start up so that
      the person starting the business can make a living. As it expands
      beyond what he or she can do alone, THEN they hire more people to work
      for them. Only as long as the cost to have them is lower than the
      amount of money they bring into the business.
      Regulation and taxes
      are the main reason that small and medium businesses are not hiring. It
      costs roughly $10,000 just to add a person to the payroll(15% pay added
      for medicare, SSDI, and unemployment alone gets it to $5K), then you
      have training costs and insurance. Then you have to pay them their
      wages. So, if that person doesn’t add $15,000 or more to the bottom
      line, then a part time employee would be a foolish thing to add. Full
      time, now you have to add healthcare or pay the fine. So, they need to
      bring in $20,000 before they are worth hiring.

      See the issue?
      Where is the real problem? The “greedy” business owner that needs to
      cover the cost to run a business and have enough to live on, or run away
      government and the taxes and fines that make it cost twice as much to
      hire someone.

      The 0.01% that you are referencing with your $2.6
      million is not the right place to look. That group only employs about
      10% of the work force. The vast majority is hired by the small business
      or middle business, that hopes to GROSS $2 million(that’s what they
      earn before taxes, fines, wages, overhead, inventory, ect.), so the
      owner can earn $100,000, if they are lucky.

      Long story short, they cannot afford to pay you more without CLOSING. Want to fix the problem, go to the source. It’s the Federal and state governments that are causing the vast majority of the expenses(they are also to blame for a lot of the gas and energy expenses being so high.)

      Choosing to eat out at subway for $5 is a poor choice if you are in a “bad job”. Pack your lunch and save $4 a day. I just doubled your daily leftover. I know, you’ll say $80 doesn’t matter. It does. I don’t know why you are paying $100 a month for car insurance. My wife and I have MAXIMUM coverage and pay $500 a YEAR. Either you are a very bad driver, or a very bad shopper. Try Erie insurance or Progressive. The rest are raping the customer.
      Get rid of the car payment by trading it in for a cheap car. Ditch the cable TV(nothing worth watching anyway).

      For food expenses. If you are earning under $30,000 a year, you can likely get food stamps to help you along, unless you are too proud to take them. Buy from a “smart shopper” style grocery store, where food is close to going out of date. You are going to eat it that month, so what does it matter. That will shave another $50 a month off your per person cost. Buy in bulk will help some too. Look for sales and clip coupons. We have three in our family, but only spend about $300 a month for us.

  • http://globaleconomics13.blogspot.com charlesnews

    The creation of a new government agency that will be dedicated to job creation, will only create more government jobs.

    What a joke! The government can’t create jobs. Our only hope is to support small businesses, which create the majority of new jobs.

    And you need to take control of your finances by getting financial education. The market is rigged against you. Your IRA and 401K are in danger of becoming worthless.

    Learn how to leverage the financial crisis to create wealth and protect your family.

  • http://theworldmonetaryordertocome.blogspot.com/2010/11/introduction.html Carl van Zijll de Jong

    The higher the debt, the more work have to done to repay the debt. I.e. there is no shortage of work! To unlash this work is by arranging a repayment on a barter system exchange. The debt will be repaid by goods & services only. However, seeing the economic turmoil (caring for our neighbour deteriorating) is all over the globe means we should see this as an opportune time to do away with the old and reverse our ways to what it should be according to the “Laws of Economics”. Now is the time to make the choice, either to care for our neighbour, or unlash the “law of the jungle”… the survival of the fittest! For your information Google “The World Monetary Order”.

  • http://www.globalsaler.com/ Santa Claus

    Four-year-old Ani Grigoryan writes a letter to Santa Claus with the help of her mother.

    “Dear Santa, I want you to bring pink shoes with feathers, glass beads, and high-heels to me. And I want a sub-machine gun,” Ani concludes the series of her wishes. The last item is a toy. We hope.

  • http://www.youtube.com/watch?v=HqrdHLzvIV4&feature=player_embedded#! Ben Dover (America)

    A MUST Watch Video:

    Vox Populi, Methods of Manipulation- featuring David Icke, Jordan Maxwell, Max Igan, Freeman…
    http://www.youtube.com/watch?v=HqrdHLzvIV4&feature=player_embedded#!

  • jerry O

    The government keeps stealing(spenidng)
    our money and think they can continue
    this practice and pad their pockets.

    While it has worked for years, their time
    is about up.

    Our country can not continue in this direction.

    We will crash and burn if this continues.

    A crash is coming and when it does massive
    wealth will be transferred to those who
    are prepared.

    All economies go through this.

    See what a millionaire has written
    about what causes this and how you
    can prepare yourself and profit
    like the ultra rich are going to
    do.

    For his free video go to:

    http://theelevationgroup.net/presentation/register.php?a_aid=160667&a_bid=290b868b&chan=y

  • http://www.maxkeiser.com Al Kyder

    “The way to understand all of this is to realize that it’s part of a broader syndrome,
    in which wealthy Americans who benefit hugely from a system rigged in their favor
    react with hysteria to anyone who points out just how rigged the system is.”

    Panic of the Plutocrats
    http://www.nytimes.com/2011/10/10/opinion/panic-of-the-plutocrats.html?_r=4&smid=tw-NytimesKrugman&seid=auto

    Organizer Labels Own Poll Irrelevant After Ron Paul Wins
    (Results only count if establishment Republican is victorious)

    by Paul Joseph Watson
    http://www.infowars.com/organizer-labels-own-poll-irrelevant-after-ron-paul-wins/

  • http://sweetmique.wordpress.com Monique

    Thank you for all this valuable information about the issues with our economy and which many ideas do hold to be true. The main question that we need to answer though is what can we do to change it?

    • Mike

      I agree. What can be done?

  • Steve

    Job destruction is permanent and escalating. U.S. employers and employers worldwide are using the 3rd Industrial Revolution to automate all jobs so they no longer have to pay salaries, wages, commissions and bonuses. Money employers save from tax breaks or that employers receive from bail outs will be used to automate, outsource, and insource (with H1B visa workers)jobs more and more and more! There is no remedy short of federal stipends, FDR work programs or demoncratic workplaces.

  • http://www.bluemound287selfstorage.com/self-storage-articles/ Jackie Tolleson

    How long do people store with a facility on average?

  • http://www.ciscowheeler.com Cisco Wheeler

    Wake Up America
    The spirit of YHVH has departed from most of the churches in America because of the spirit of apostasy. The whole of the word of God is a testament or will by the blood of the testator. The very character and ethos of the Holy Scripture is salvation by the precious blood of Yahshua Messiah. It is a crimson cord that traces its way from the beginning to the end through the Garden of Eden to the book of Revelations. To take away or tear down this eternal life force that is forever present in the living word of God is to destroy the Revelation knowledge of God through Yahshua Messiah. Christ’s shed blood and sacred death was sufficient for the sanctification from sin throughout the ages of time and it is the same yesterday, today and forever. The Bible repetitively speaks of God’s promise to preserve his word when he says, “Heaven and earth shall pass away but my words shall not pass away” (Matthew 24:35). “The grass withereth, the flowers fadeth: but the word of our God shall stand forever”

    BEHOLD A WHITE HORSE Is A Must Read For Every Truth Seeker as Cisco Wheeler has given the world a deeper insight as to how Catholicism, Masonry, Witchcraft,Mormonism and all Secret Societies, has blinded its spiritual tapestry within the very fibers of the Christian church. Through the traditions of man the Anti-Christ has come through the front door of the churches and has deceitfully sat himself down as a teacher in the pulpits of the world churches of today, to deceive what is left of the righteous seed. of YHVH GOD. Through the blinding of Luciferian knowledge in the churches of today,the world council of Religious Leaders aims to serve as a model and guide for the creation of a community of world religions…. The objective of the council is to serve a resource to the United Nations and its agencies around the world, nation states and other international organizations, offering the collective wisdom and resources of the faith and traditions towards the resolution of critical global problems. BABYLON THE BEAST RIDING THE BEAST OF REVELATIONS: 17

    • jackrorabbit

      Babylon isn’t the beast. The beast is the Antichrist and the second beast is the prophet. Babylon is America. The two beasts last throughout Revelations, Babylon does not. It is burned with fire and forced to “sit in the ashes”. America is Babylon and she will get nuked or YWHW will send fire from heaven or yellowstone. Doesn’t matter, within one hour she will be naked and penniless.

  • Kyle

    I’ve had dreams about our country going into a negative timeline and I do not like this one bit.

    Some spiritualists believe that in 2012 there will be a split timeline in which mankind will either live in prosperity or a negative version where evil is on the rampage.

    I forsee the latter and it’s going to be *every man for himself* if it comes to survival.

    Stock up on food now for very soon there will be none and you’ll have to kill someone to get it.

    Yes I used kill instead of murder on purpose.

  • http://economyincrisis.org American

    Join http://www.economyincrisis.org and become part of the solution.

  • andrew

    what about greed? doesnt this whole mess just amount to greed? sure we could abolish the stock market and fed reserve, then no one would have the chance to be greedy, but what if we just take our lesson and know that greed is bad…. the bottom line is that greed wrecked us as a country in the 30’s and is threatening us again!!!! it starts at a corporate level: oh if i slash 2 million jobs and make existing workers pick up the slack i could make 1 million more a year, i know i already make 2.6 billion but i want more!!!!! thats where it starts, thats what they mean by trickle down economics, its not the money that trickles down, its the greed! people will then have to buy cheaper and cheaper goods which means companies have to move jobs overseas to make the goods cheaper. thus we lose more jobs and need cheaper goods. that is what is happening right now…. that is why paradise has been lost!

    • jackrorabbit

      Without greed, there would be zero incentive to have any businesses at all. Businesses don’t start up to create jobs. They start up so that the person starting the business can make a living. As it expands beyond what he or she can do alone, THEN they hire more people to work for them. Only as long as the cost to have them is lower than the amount of money they bring into the business.
      Regulation and taxes are the main reason that small and medium businesses are not hiring. It costs roughly $10,000 just to add a person to the payroll(15% pay added for medicare, SSDI, and unemployment alone gets it to $5K), then you have training costs and insurance. Then you have to pay them their wages. So, if that person doesn’t add $15,000 or more to the bottom line, then a part time employee would be a foolish thing to add. Full time, now you have to add healthcare or pay the fine. So, they need to bring in $20,000 before they are worth hiring.

      See the issue? Where is the real problem? The “greedy” business owner that needs to cover the cost to run a business and have enough to live on, or run away government and the taxes and fines that make it cost twice as much to hire someone.

      The 0.01% that you are referencing with your $2.6 million is not the right place to look. That group only employs about 10% of the work force. The vast majority is hired by the small business or middle business, that hopes to GROSS $2 million(that’s what they earn before taxes, fines, wages, overhead, inventory, ect.), so the owner can earn $100,000, if they are lucky.

  • Mitchell langbert

    This country is no longer free, so entrepreneurs have no motivation to start businesses here. Students are indoctrinated in intolerant, socialist diversity principles in school, which inevitably involve the imposition of violent appropriation of resources from those who work hard. The socialist principle extends to America’s elites, who see government subsidies as necessary to their economic success. (They are right; today’s American elite is about 60% composed of bunglers who have benefited from Federal Reserve Bank money printing; in particular, the Wall Street elite, which comprises a large share of the Forbes 400, produces nothing and has become wealthy entirely because of government subsidies.) Firms have no reason to stay here because the government-run education system is dismal, so American workers can’t read, write, or perform basic arithmetic. They have been indoctrinated in failed, left-wing ideologies that will only exacerbate economic decline. Only a fool would locate a company here. The two parties are to blame, but the ultimate responsibility goes to American voters, who have failed to question the hegemony of special interests, including big business, Wall Street, and public sector unions. The only solution is to make as much money as you can, invest in the government-subsidized stock-and- real estate markets, and get the hell out of America as soon as you can. It doesn’t make sense to stay on a sinking Titanic.

  • Dan

    I grew up being picked on viciously by other kids at school, then in college there were always a-holes and professors with politically biased opinions, then at work there are tons of trouble makers, and when you go to the store, office, or clinic there are mostly jerks working there. You turn on the news and the USA is stomping all over the world. I hope one day the USA gets what coming to it and gets bombed right off the face of the Earth. The USA deserves to die for being so twisted and evil. The USA brought it’s end on itself for being so dark and evil. Sad thing is that most Americans actually think they are nice people when in all reality they are not. Just cruel gutless soulless monsters. Heck I’ve been treated better by people from a lot of other countries and I get along fine with them so I now Know the problem doesn’t lie with me. But everyone over the decades have tried to make it seem like it. That is why the suicide rate is so high in the US is because all the good people kill themselves either that or move away. I was saving up for retirement in the coming decades but I think I’m gonna use what I have saved so far to find a different country to live in. Besides the bank would just take my money at the last minute anyway. It’s what American banks do. I hope as I fly away from here I see a bright flash of light when all the other countries bomb the US but a BETTER GUESS would be that the stupid evil Americans will blow themselves up by accident anyway. In they end I hope the USA gets what it so sorely deserves!

    • jackrorabbit

      Most American PEOPLE are nice. It’s the government that isn’t. America is the “hidden Babylon” that is spoken of in Revelations. We WILL get nuked near the end of the tribulation.

  • Justin

    The political life of America is awful, no one does anything really good and only to keep them rich and in office. We consume 1/3 of the worlds goods and send our our jobs to china. Our global debt is going to lead our country to anarchy. Also the FBI does a lot of under the table stuff like killings and holding back the truth about stuff like mermaids which are kept hidden by the government.

  • Anonimno

    ~~~ LORD loves you ~~~ Glory to CHRIST ~~~ May the LORD bless you and keep you ~ May the LORD smile down on you and show you his kindness ~ May the LORD answer your prayers and give you peace ~~~

Shocking Forecast
Thrive Life
FEMA Hates This

Austin Coins
High Blood Pressure?
FINCA BAYANO
Survive After Collapse

Silver.com

Camping Survival
GunMagWarehouse.com
SFC_The-Video-They-Tried-To-Ban_125
Print Friendly and PDF
Facebook Twitter More...