Large U.S. cities that the rest of the world used to look at in envy are now being transformed into gang-infested hellholes with skyrocketing crime rates. Cities such as Chicago, Detroit, Camden, East St. Louis, New Orleans and Oakland were once bustling with economic activity, but as industry has fled those communities poverty has exploded and so has criminal activity. Meanwhile, financial problems have caused all of those cities to significantly reduce their police forces. Sadly, this same pattern is being repeated in hundreds of communities all over the nation. The mainstream media loves to focus on mass shooters such as Adam Lanza, but the reality is that gang violence is a far greater problem in the United States than mass shooters ever will be. There are approximately 1.4 million gang members living in America today according to the FBI. That number has shot up by a whopping 40 percent just since 2009. There are several factors fueling this trend. Unemployment among our young people is at an epidemic level, about one out of every three U.S. children lives in a home without a father, and there are millions of young men who have come into this country illegally and have no way to legally support themselves once they arrive in our cities. Gangs provide a support system, a feeling of “community”, and a sense of purpose for many young people. Unfortunately, most of these gangs use violence and crime to achieve their goals, and they are taking over communities all over America. If your community is not a gang-infested war zone yet, you should consider yourself to be very fortunate. If nothing is done about this, the violence and the crime that is fueled by these gangs will continue to spread, and eventually nearly every single community in the United States will be affected by it. (Read More...)
65 Percent Of Americans Believe That 2013 Will Be A Year Of Economic Difficulty
Do you believe that economic trouble is coming in 2013? If so, you have a lot of company. According to a brand new Gallup poll that was just released, 65 percent of Americans believe that 2013 will be a year of “economic difficulty” while only 33 percent of Americans believe that 2013 will be a year of “economic prosperity”. Gallup has been asking this question for a lot of years, and the percentage of Americans that are anticipating economic difficulty in the year ahead has not been this high since the early 1980s. And without a doubt, there are a whole lot of reasons to be deeply concerned about the economy as we head into the new year. But it isn’t just 2013 that Americans are pessimistic about. According to the new Gallup poll, 50 percent of all Americans believe that the best days of America are behind us, and only 47 percent of all Americans believe that the best days of America are ahead of us. Those are very sobering numbers. Half the country believes that it is only downhill from here for the United States. Unfortunately, they are exactly right. Things are rapidly going to get worse for our economy and for our nation as a whole. We are going to start reaping the consequences of decades of very foolish decisions, and the pain is going to be immense. (Read More...)
The Good, The Bad And The Ugly From The Fiscal Cliff Deal
The fiscal cliff deal contains more bad news than it does good news. Yes, the tax increases on the middle class could have been much worse, and we should be thankful that Congress at least did something for the middle class. Unfortunately, they didn’t do enough. Every American worker is going to pay higher taxes next year as a result of this deal. The fiscal cliff deal represents the biggest tax increase in 20 years, and it is also projected to increase the U.S. national debt by an additional 4 trillion dollars over the next decade. In the final analysis, U.S. government finances are still wildly out of control and we are all going to be paying higher taxes. Not a whole lot to be excited about, and nothing has really been fixed for the long-term. Our politicians have kicked the can down the road once again, but someday they will run out of road and all of this debt will absolutely crush us. And of course a lot of our politicians didn’t even really know what they were voting for. The fiscal cliff bill was more than 150 pages long, and our Senators got the bill into their hands just 3 minutes before they voted on it. So none of them actually read the bill. But that is the way things work in America today. The blind are leading the blind and everyone is mindlessly hoping that everything will turn out okay somehow. (Read More...)
50 Predictions For 2013
Are you ready for a wild 2013? It should be a very interesting year. When the calendar flips over each January, lots of people make lots of lists. They make lists of “resolutions”, but most people never follow through on them. They make lists of “predictions”, but most of those predictions always seem to end up failing. Well, I have decided to put out my own list of predictions for 2013. I openly admit that I won’t get all of these predictions right, and that is okay. Hopefully I will at least be more accurate than most of the other armchair prognosticators out there. It is important to look ahead and try to get a handle on what is coming, because I believe that the rest of this decade is going to be extraordinarily chaotic for the U.S. economy. The false bubble of debt-fueled prosperity that we are enjoying right now is not going to last much longer. When it comes to an end, the “adjustment” is going to be extremely painful. Those that understand what is happening and have prepared for it will have the best chance of surviving what is about to hit us. I honestly don’t know what everybody else is going to do. Many of the people that don’t see the coming collapse approaching will be totally blindsided by it and will totally give in to despair when they realize what has happened. But there is no excuse for not seeing what is coming – the signs are everywhere. (Read More...)
A Massive Electromagnetic Pulse Could Collapse The Economy In A Single Moment
What would you do if all the lights went out and they never came back on? That is a question that the new NBC series “Revolution” asks, but most people have no idea that a similar thing could happen in real life at any moment. A single gigantic electromagnetic pulse over the central United States could potentially fry most of the electronics from coast to coast if it was powerful enough. This could occur in a couple of different ways. If a powerful nuclear weapon was exploded at a high enough altitude, it could produce an electromagnetic pulse powerful enough to knock out electronics all over the country. Alternatively, a massive solar storm could potentially cause a similar phenomenon to happen just about anywhere on the planet without much warning. Of course not all EMP events are created equal. An electromagnetic pulse can range from a minor inconvenience to a civilization-killing event. It just depends on how powerful it is. But in the worst case scenario, we could be facing a situation where our electrical grids have been fried, there is no heat for our homes, our computers don’t work, the Internet does not work, our cell phones do not work, there are no more banking records, nobody can use credit cards anymore, hospitals are unable to function, nobody can pump gas, and supermarkets cannot operate because there is no power and no refrigeration. Basically, we would witness the complete and total collapse of the economy. According to a government commission that looked into these things, approximately two-thirds of the U.S. population would die from starvation, disease and societal chaos within one year of a massive EMP attack. It would be a disaster unlike anything we have ever seen before in U.S. history. (Read More...)
Happy New Year Middle Class: The Fiscal Cliff Is Going To Rip You To Shreds
The middle class has quite a gift welcoming them as the calendar flips over to 2013. Their payroll taxes are going to go up, their income taxes are going to go up, and approximately 28 million households are going to be hit with a huge, unexpected AMT tax bill on their 2012 earnings. So happy New Year middle class! You are about to be ripped to shreds. In addition to the tax increases that I just mentioned, approximately two million unemployed Americans will instantly lose their extended unemployment benefits when 2013 begins, and new Obamacare tax hikes which will cost American taxpayers about a trillion dollars over the next decade will start to go into effect. If Congress is not able to come to some sort of a deal, all middle class families in America will be sending thousands more dollars to Uncle Sam next year than they were previously. And considering the fact that the middle class is already steadily shrinking and that the U.S. economy is already in an advanced state of decline, that is not good news. You would think that both major political parties would want to do something to keep the middle class from being hit with this kind of tax sledgehammer. Unfortunately, at this point it appears that our “leaders” in Washington D.C. are incapable of getting anything done. So get ready for much smaller paychecks and much larger tax bills. What is coming is not going to be pleasant. (Read More...)
16 Things About 2013 That Are Really Going To Stink
The beginning of the year has traditionally been a time of optimism when we all look forward to the exciting things that are going to happen over the next 12 months. Unfortunately, there are a whole bunch of things about 2013 that we already know are going to stink. Taxes are going to go up, good paying jobs will continue to leave the country, small businesses will continue to be destroyed, the number of Americans living in poverty will continue to soar, our infrastructure will continue to decay, global food supplies will likely continue to dwindle and the U.S. national debt will continue to explode. Our politicians continue to pursue the same policies that got us into this mess, and yet they continue to expect things to magically turn around. But that is not the way that things work in the real world. Bad decisions lead to bad outcomes. Instead of realizing that what we are doing is not working, our “leaders” continue to give us more of the same. As a result, there are going to be a lot of things about 2013 that will not be great. Sticking our heads in the sand and pretending that everything will be “okay” somehow is not going to help anyone. We’ve got to make people understand exactly what is happening and why it is happening if we ever hope to see real changes. (Read More...)
Government Dependents Outnumber Those With Private Sector Jobs In 11 U.S. States
America is rapidly becoming a nation of takers. An increasing number of Americans expect the government to take care of them from the cradle to the grave, and they expect the government to dig into the pockets of others in order to pay for it all. This philosophy can be very seductive, but what happens when the number of takers eventually outnumbers the number of producers? In 11 different U.S. states, the number of government dependents exceeds the number of private sector workers. This list of states includes some of the biggest states in the country: California, New York, Illinois, Ohio, Maine, Kentucky, South Carolina, Mississippi, Alabama, New Mexico and Hawaii. It is interesting to note that seven of those states were won by Barack Obama on election night. In California, there are 139 “takers” for every 100 private sector workers. That is crazy! The American people have become absolutely addicted to government money, and it gets worse with each passing year. If you can believe it, entitlements accounted for 62 percent of all federal spending in fiscal year 2012. It would be one thing if we could afford all of this spending, but unfortunately we simply cannot. We are drowning in debt, and we are stealing more than a hundred million more dollars from future generations with each passing hour. No bank robber in history can match that kind of theft. (Read More...)