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This Is One Of The Big Reasons Why So Many Families Are Feeling Extreme Financial Stress

Inflation Blackboard - Public DomainWhen the cost of living rises faster than paychecks do year after year, eventually that becomes a very big problem.  For quite some time I have been writing about the shrinking middle class, and one of the biggest culprits is inflation.  Every month, tens of millions of American families struggle to pay the bills, and most of them don’t even understand the economic forces that are putting so much pressure on them.  The United States never had a persistent, ongoing problem with inflation until the debt-based Federal Reserve system was introduced in 1913.  Since that time, we have had non-stop inflation and the U.S. dollar has lost more than 98 percent of its value.  If our paychecks were increasing faster than inflation this wouldn’t be a problem, but in recent years this has definitely not been the case for most Americans. (Read More...)

The Globalists Strike Back With A Major Push Toward A Cashless Society

The Beast System - Public DomainTheir agenda may be on the rocks in the United States at the moment, but that doesn’t mean that the globalists are giving up.  In fact, a major push toward a cashless society is being made in the European Union right now.  Last May we learned that the 500 euro note is being completely eliminated, and just a few weeks ago the European Commission released a new “Action Plan” which instructs member states to explore “potential upper limits to cash payments”.  In the name of “fighting terrorism”, this “Action Plan” discusses the benefits of “prohibitions for cash payments above a specific threshold” and it says that those prohibitions should include “virtual currencies (such as BitCoin) and prepaid instruments (such as pre-paid credit cards) when they are used anonymously.” (Read More...)

Worst Case Scenario: 100 Foot Tsunami Would Wipe Out Entire Cities If There Is A Catastrophic Failure Of The Oroville Dam

Oroville Dam - Public DomainThe situation at the Oroville Dam has stabilized for the moment, but more storms are coming this week.  When those storms arrive, will authorities be able to avoid the kind of catastrophic incident that almost happened over the weekend?  As you will see below, it is being admitted that a collapse of the emergency spillway at Lake Oroville would have sent a “30-foot wall of water coming out of the lake” and into local communities.  At one point authorities were concerned that such a collapse was imminent, and that is why they ordered the evacuation of nearly 200,000 people.  But many are also concerned that more storms could ultimately cause a catastrophic failure of the infrastructure at the dam that would bring about a “worst case scenario”.  According to the experts, if that were to occur we could potentially see a 100 foot tsunami of water wiping out entire cities. (Read More...)

Why Donald Trump Needs The Next Recession To Start As Quickly As Possible

Donald Trump Accepts The Nomination - Public DomainA new recession is coming, and Donald Trump needs it to begin sooner rather than later.  As I explained last week, most American voters tend to care about their pocketbooks more than anything else.  If the next recession were to officially start during the first quarter of 2017, it would be very easy for Trump to blame it on Obama, and then he could portray himself as the one that pulled the U.S. economy out of recession in time for the 2020 election.  But if the next recession does not begin until 2018 or 2019, everybody is going to blame it on Trump even if it is not his fault.  In politics, who gets the blame for whatever goes wrong is often the most important thing, and if Trump wants to avoid blame for the next recession he needs for it to start as quickly as possible. (Read More...)

Why The Melted Fuel Under Fukushima Could Poison Our Planet With Nuclear Radiation For 1000s Of Years

Nuclear Danger Sign - Public DomainSix years ago, an absolutely devastating tsunami caused a triple meltdown at Japan’s Fukushima nuclear power facility.  It was the worst environmental disaster in all of human history, and even though six years have passed since that time, nobody knows where the three melted cores are.  Just recently, authorities believe that they spotted some melted fuel underneath reactor 2, but even from a distance the level of nuclear radiation that was detected was being described as “unimaginable”.  Essentially what we are talking about are three enormous “dirty bombs” that are continuously emitting tremendous amounts of nuclear radiation into the air, water and soil.  Some of the radioactive elements that are being released have half-lives that are measured in tens of thousands of years, and so the poisonous effect of these “dirty bombs” could potentially be with us for generation after generation. (Read More...)

Recession 2017? Things Are Happening That Usually Never Happen Unless A New Recession Is Beginning

New Crisis - Public DomainIs the U.S. economy about to get slammed by a major recession?  According to Gallup, U.S. economic confidence has soared to the highest level ever recorded, but meanwhile a whole host of key economic indicators are absolutely screaming that a new recession is beginning.  And if the U.S. economy does officially enter recession territory in 2017, it certainly won’t be a shock, because the truth is that we are well overdue for one.  Donald Trump has inherited quite an economic mess from Barack Obama, and it was probably inevitable that we were headed for a significant economic downturn no matter who won the election. (Read More...)

Planned Parenthood Workers That Reached Abortion Sales Quota Goals Were Rewarded With Pizza Parties

Planned Parnethood EvilCould you imagine having a job where you had to meet an “abortion sales quota” every month?  According to a shocking new investigation, this was actually happening at Planned Parenthood clinics all over the nation, and workers that reached abortion sales quota goals were rewarded with pizza parties and other incentives.  Every year, Planned Parenthood murders hundreds of thousands of precious little children, but that isn’t good enough for them, and so they have their workers aggressively push abortions to the vulnerable young women who come into their facilities.  It is a national disgrace, and Planned Parenthood should be defunded by Congress immediately.  But of course Planned Parenthood was never defunded after it was revealed that they systematically harvest baby parts and sell them off to the highest bidder, and so many observers are pessimistic that they will be defunded now. (Read More...)

Here Come The Robots – And They Are Going To Take Almost All Of Our Jobs

Robot Human Hand - Public DomainWhat is going to happen to society when robots are able to do just about everything better, faster and cheaper than human workers can?  We live at a time when technology is increasing at an exponential pace.  Incredible advancements in robotics, computer science and artificial intelligence are certainly making our lives more comfortable, but they are also bringing fundamental changes to the workplace.  For employers, there are a lot of advantages to replacing human workers with robots.  Robots don’t surf around on Facebook when they are supposed to be working. Robots don’t need Obamacare, lunch breaks or vacation days. Robots never steal from the company and they never complain.  Up until fairly recently, human workers could generally perform many tasks more cheaply than robots could, but now that is rapidly changing. (Read More...)

Debt Apocalypse Beckons As U.S. Consumer Bankruptcies Do Something They Haven’t Done In Almost 7 Years

Bankrupt - Public DomainWhen debt grows much faster than GDP for an extended period of time, it is inevitable that a good portion of that debt will start to go bad at some point.  We witnessed a perfect example of this in 2008, and now it is starting to happen again.  Commercial bankruptcies have been rising on a year-over-year basis since late 2015, and this is something that I have written about previously, but now consumer bankruptcies are also increasing.  In fact, we have just witnessed U.S. consumer bankruptcies do something that they haven’t done in nearly 7 years.  The following comes from Wolf Richter(Read More...)

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