They didn’t see it coming last time either. Back in 2007, President Bush, Federal Reserve Chairman Ben Bernanke and just about every prominent voice in the financial world were all predicting that we would experience tremendous economic prosperity well into the future. In fact, as late as January 2008 Bernanke boldly declared that “the Federal Reserve is not currently forecasting a recession.” At the time, only the “doom and gloomers” were warning that everything was about to fall apart. And of course we all know what happened. But just a few short years later, history seems to be repeating itself. Barack Obama, Federal Reserve Chairman Ben Bernanke and almost every prominent voice in the financial world are all promising that the U.S. “economic recovery” is going to continue even though Europe is coming apart like a 20 dollar suit. But the economic fundamentals tell a different story. Our national debt is more than $6,000,000,000,000 larger than it was back in 2008, the number of Americans on food stamps just hit another brand new all-time record, and the bankers up on Wall Street are selling gigantic mountains of the exact same kind of toxic derivatives that caused so much trouble the last time around. But all of our “leaders” swear that everything is going to be okay. You can believe them if you want, but denial is not just a river in Egypt, and another crash is inevitably coming. (Read More...)
Private Prisons: The More Americans They Put Behind Bars The More Money They Make
How would you describe an industry that wants to put more Americans in prison and keep them there longer so that it can make more money? In America today, approximately 130,000 people are locked up in private prisons that are being run by for-profit companies, and that number is growing very rapidly. Overall, the U.S. has approximately 25 percent of the entire global prison population even though it only has 5 percent of the total global population. The United States has the highest incarceration rate on the entire globe by far, and no nation in the history of the world has ever locked up more of its own citizens than we have. Are we really such a cesspool of filth and decay that we need to lock up so many of our own people? Or are there some other factors at work? Could part of the problem be that we have allowed companies to lock up men and women in cages for profit? The two largest private prison companies combined to bring in close to $3,000,000,000 in revenue in 2010, and the largest private prison companies have spent tens of millions of dollars on lobbying and campaign contributions over the past decade. Putting Americans behind bars has become very big business, and those companies have been given a perverse incentive to push for even more Americans to be locked up. It is a system that is absolutely teeming with corruption, and it is going to get a lot worse unless someone does something about it. (Read More...)
The Chart That Proves That The Mainstream Media Is Lying To You About Unemployment
The mainstream media is absolutely giddy that the U.S. unemployment rate has hit a “four-year low” of 7.7 percent. But is unemployment in the United States actually going down? After all, you would think that it should be. The Obama administration has “borrowed” more than 6 trillion dollars from future generations of Americans, interest rates have been pushed to all-time lows, and the Federal Reserve has been wildly printing more money in a desperate attempt to “stimulate” the economy. So have those efforts been successful? Well, according to the mainstream media, the U.S. unemployment rate is falling steadily. Headlines all over the nation boldly declared that “236,000 jobs” were added to the economy in February, but what they didn’t tell you was that the number of Americans “not in the labor force” rose by 296,000. And that is how they are getting the unemployment rate to go down – by pretending that huge numbers of unemployed Americans don’t want jobs. Sadly, as you will see below, the truth is that the percentage of working age Americans that have a job is just 0.1% higher than it was exactly three years ago. And we have not even come close to getting back to where we were before the last economic crisis. For example, more than 146 million Americans were employed back in 2007. But today, only 142.2 million Americans have a job even though our population has grown steadily since then. So where in the world is this “economic recovery” that they keep talking about? (Read More...)
Should You Move To Another Country To Escape The Collapse Of America? 10 Questions To Ask Yourself First
Why are so many people leaving the United States right now? Over the past couple of years, an increasing number of Americans have decided that moving to another country is the best way to prepare for the collapse of America. According to the U.S. State Department, an all-time record of more than 6 million Americans are now working or studying overseas. Of course many of those that have left the country do not believe that the U.S. economy is going to collapse, but without a doubt there are an increasing number of preppers that believe that now is the time to “escape from America” while they still can. And certainly there are a lot of reasons why the U.S. is becoming less appealing with each passing day. In addition to our economic problems, crime is on the rise in our cities, our liberties and freedoms are being eroded at a frightening pace, political correctness is wildly out of control, and our corrupt politicians continue to make things even worse. But is life really that much better in the rest of the world? The sad truth is that life in most other nations is more difficult than it is in the United States. Yes, there are some nations that are relatively stable and that look promising at first glance, but the truth is that moving to another country is never easy. If you plan to do it, there are some hard questions that you need to ask yourself first. (Read More...)
Corporatism: A System Of Control Designed By The Monopoly Men Of The Global Elite
The Dow is at a record high and so are corporate profits – so why does it feel like most of the country is deeply suffering right now? Real household income is the lowest that it has been in a decade, poverty is absolutely soaring, 47 million Americans are on food stamps and the middle class is being systematically destroyed. How can big corporations be doing so well while most American families are having such a hard time? Isn’t their wealth supposed to “trickle down” to the rest of us? Unfortunately, that is not how the real world works. Today, most big corporations are trying to minimize the number of “expensive” American workers on their payrolls as much as they can. If the big corporation that is employing you can figure out a way to replace you with a worker in China or with a robot, it will probably do it. Corporations are in existence to maximize wealth for their shareholders, and most of the time the largest corporations are dominated by the monopoly men of the global elite. Over the decades, the politicians that have their campaigns funded by these monopoly men have rigged the game so that the big corporations are able to easily dominate everything. But this was never what those that founded this country intended. America was supposed to be a place where the power of collectivist institutions would be greatly limited, and individuals and small businesses would be free to compete in a capitalist system that would reward anyone that had a good idea and that was willing to work hard. But today, our economy is completely and totally dominated by a massively bloated federal government and by absolutely gigantic predator corporations that are greatly favored by our massively bloated federal government. Our founders tried to warn us about the dangers of allowing government, banks and corporations to accumulate too much power, but we didn’t listen. Now they dominate everything, and the rest of us are fighting for table scraps. (Read More...)
The Dow Hits An All-Time High! Translation: A Bubble Is Always Biggest Right Before It Bursts
Reckless money printing by Federal Reserve Chairman Ben Bernanke has pumped up the Dow to a brand new all-time high. So what comes next? Will the Dow go even higher? Hopefully it will. In fact, it would be great if the Dow was able to hit 15,000 before it finally came crashing down. That would give all of us some more time to prepare for the nightmarish economic crisis that is rapidly approaching. As you will see below, the U.S. economy is in far, far worse shape than it was the last time the Dow reached a record high back in 2007. In addition, all of the long-term trends that are ripping our economy to shreds just continue to get even worse and our debt just continues to explode. Unfortunately, the Dow has become completely divorced from economic reality in recent years because of Fed manipulation. All of this funny money that the Federal Reserve has been cranking out has made the wealthy even wealthier, but this bubble will not last for too much longer. What goes up must come down. And remember, a bubble is always biggest right before it bursts. (Read More...)
30 Facts About The Coming Water Crisis That Will Change The Lives Of Every Person On The Planet
The world is rapidly running out of clean water. Some of the largest lakes and rivers on the globe are being depleted at a very frightening pace, and many of the most important underground aquifers that we depend on to irrigate our crops will soon be gone. At this point, approximately 40 percent of the entire population of the planet has little or no access to clean water, and it is being projected that by 2025 two-thirds of humanity will live in “water-stressed” areas. But most Americans are not too concerned about all of this because they assume that North America has more fresh water than anyone else does. And actually they would be right about that, but the truth is that even North America is rapidly running out of water and it is going to change all of our lives. Today, the most important underground water source in America, the Ogallala Aquifer, is rapidly running dry. The most important lake in the western United States, Lake Mead, is rapidly running dry. The most important river in the western United States, the Colorado River, is rapidly running dry. Putting our heads in the sand and pretending that we are not on the verge of an absolutely horrific water crisis is not going to make it go away. Without water, you cannot grow crops, you cannot raise livestock and you cannot support modern cities. As this global water crisis gets worse, it is going to affect every single man, woman and child on the planet. I encourage you to keep reading and learn more. (Read More...)
12 Things That Just Happened That Show The Next Wave Of The Economic Collapse Is Almost Here
Are we running out of time? For the last several years, we have been living in a false bubble of hope that has been fueled by massive amounts of debt and bailout money. This illusion of economic stability has convinced most people that the great economic crisis of 2008 was just an “aberration” and that now things are back to normal. Unfortunately, that is not the case at all. The truth is that the financial crash of 2008 was just the first wave of our economic troubles. We have not even come close to recovering from that wave, and the next wave of the economic collapse is rapidly approaching. Our economy is like a giant sand castle that has been built on a foundation of debt and toilet paper currency. As each wave of the crisis hits us, the solutions that our leaders will present to us will involve even more debt and even more money printing. And each time, those “solutions” will only make our problems even worse. Right now, events are unfolding in Europe and in the United States that are pushing us toward the next major crisis moment. I sincerely hope that we have some more time before the next crisis overwhelms us, but as you will see, time is rapidly running out. (Read More...)