What is life going to look like as our precious water resources become increasingly strained and the western half of the United States becomes bone dry? Scientists tell us that the 20th century was the wettest century in the western half of the country in 1000 years, and now things appear to be reverting to their normal historical patterns. But we have built teeming cities in the desert such as Phoenix and Las Vegas that support millions of people. Cities all over the Southwest continue to grow even as the Colorado River, Lake Mead and the High Plains Aquifer system run dry. So what are we going to do when there isn’t enough water to irrigate our crops or run through our water systems? Already we are seeing some ominous signs that Dust Bowl conditions are starting to return to the region. In the past couple of years we have seen giant dust storms known as “haboobs” roll through Phoenix, and 6 of the 10 worst years for wildfires ever recorded in the United States have all come since the year 2000. In fact, according to the Los Angeles Times, “the average number of fires larger than 1,000 acres in a year has nearly quadrupled in Arizona and Idaho and has doubled in every other Western state” since the 1970s. But scientists are warning that they expect the western United States to become much drier than it is now. What will the western half of the country look like once that happens? (Read More...)
Will It Be Inflation Or Deflation? The Answer May Surprise You
Is the coming financial collapse going to be inflationary or deflationary? Are we headed for rampant inflation or crippling deflation? This is a subject that is hotly debated by economists all over the country. Some insist that the wild money printing that the Federal Reserve is doing combined with out of control government spending will eventually result in hyperinflation. Others point to all of the deflationary factors in our economy and argue that we will experience tremendous deflation when the bubble economy that we are currently living in bursts. So what is the truth? Well, for the reasons listed below, I believe that we will see both. The next major financial panic will cause a substantial deflationary wave first, and after that we will see unprecedented inflation as the central bankers and our politicians respond to the financial crisis. This will happen so quickly that many will get “financial whiplash” as they try to figure out what to do with their money. We are moving toward a time of extreme financial instability, and different strategies will be called for at different times. (Read More...)
America’s Bubble Economy Is Going To Become An Economic Black Hole
What is going to happen when the greatest economic bubble in the history of the world pops? The mainstream media never talks about that. They are much too busy covering the latest dogfights in Washington and what Justin Bieber has been up to. And most Americans seem to think that if the Dow keeps setting new all-time highs that everything must be okay. Sadly, that is not the case at all. Right now, the U.S. economy is exhibiting all of the classic symptoms of a bubble economy. You can see this when you step back and take a longer-term view of things. Over the past decade, we have added more than 10 trillion dollars to the national debt. But most Americans have shown very little concern as the balance on our national credit card has soared from 6 trillion dollars to nearly 17 trillion dollars. Meanwhile, Wall Street has been transformed into the biggest casino on the planet, and much of the new money that the Federal Reserve has been recklessly printing up has gone into stocks. But the Dow does not keep setting new records because the underlying economic fundamentals are good. Rather, the reckless euphoria that we are seeing in the financial markets right now reminds me very much of 1929. Margin debt is absolutely soaring, and every time that happens a crash rapidly follows. But this time when a crash happens it could very well be unlike anything that we have ever seen before. The top 25 U.S. banks have more than 212 trillion dollars of exposure to derivatives combined, and when that house of cards comes crashing down there is no way that anyone will be able to prop it back up. After all, U.S. GDP for an entire year is only a bit more than 15 trillion dollars. (Read More...)
7 Things About The Mainstream Media That They Do Not Want You To Know
Have you ever wondered who controls the mainstream media? In America today, we are more “connected” than ever. The average American watches 153 hours of television a month, and we also spend countless hours watching movies, playing video games, listening to music, reading books and surfing the Internet. If someone could control the production of all of that media, that would make them immensely powerful. They would literally be in a position to tell people what to think. Well, what if I told you that there are just six enormous media conglomerates that combine to produce about 90 percent of all the media that Americans consume. Would that alarm you? It should alarm you. The truth is that our attitudes, opinions and beliefs are greatly shaped by what we allow into our minds. After all, they don’t call it “programming” for no reason. Even those of us that realize that we are connected to “the matrix” probably greatly underestimate the tremendous influence that the media has over us. We live at a time when it is absolutely imperative to think for ourselves, but most Americans are being absolutely overwhelmed with information and seem more than content to let others do their thinking for them. Sadly, this is greatly contributing to the downfall of our society. (Read More...)
10 Amazing Charts That Demonstrate The Slow, Agonizing Death Of The American Worker
The middle class American worker is in danger of becoming an endangered species. The politicians are not telling you the truth, and the mainstream media is certainly not telling you the truth, but the reality is that there is nothing but bad news on the horizon for workers in the United States. In the old days, when the big corporations that dominate our society did well, that also meant good things for American workers since those corporations would need more of us to work for them. But in the emerging one world economic system that our economy is being merged into, those corporations have other choices now. For instance, the big corporations can now choose to limit the number of “expensive” American workers that they employ by shipping millions of jobs to the other side of the world. And from their perspective, it makes perfect sense. They can make much bigger profits by hiring people on the other side of the planet to work for them for less than a dollar an hour. If they can get good production out of those people, then why should they hire Americans for ten to twenty times as much, plus have to give those Americans health insurance and other benefits? Another major factor in the slow, agonizing death of the American worker is technology. We live during a period when technology is advancing at a pace that is almost unimaginable at the same time that it is steadily becoming cheaper and cheaper. That means that it is going to become easier and easier for companies to replace workers with robots and computers. As I have written about previously, it is being projected that our economy will lose millions of jobs to technology in the coming years. Yes, some of us will still be needed to help build the robots and the computers, but not all of us will. And of course the overall general weakness of the economy is not helping matters either. The American people inherited the greatest economic machine in the history of the world, and we have wrecked it. Decades of very foolish decisions have resulted in the period of steady economic decline that we are experiencing now. (Read More...)
An Even Bigger Scandal: Why Are IRS Audits Being Used To Punish Obama’s Political Enemies?
Is it right for Barack Obama to use IRS audits to punish his political enemies? As crazy as that sounds, there is a mounting body of evidence that indicates that this is actually happening. And if this can be proven, it is a much, much larger scandal than the IRS giving “extra scrutiny” to the applications of conservative non-profit groups. Let me be clear – if Barack Obama has been using IRS audits to punish his political enemies, that is an impeachable offense. Of all of the other scandals that are out there right now, this is the one that could actually bring down the presidency of Barack Obama. That is how serious this is. As you will read about below, there is a huge amount of circumstantial evidence that political enemies of Barack Obama have been singled out for IRS audits. We need to find out who initiated these audits. Whether you are a Republican, a Democrat or an Independent, this kind of abuse of government power should sicken and horrify you. If it can be proven that Barack Obama has been using IRS audits to attack his enemies, every single U.S. citizen should be calling for him to resign. This is something that is beyond politics – this is a direct threat to the very integrity of our system. (Read More...)
An Interview With Barack Obama About The IRS Scandal, AP Phone Records And Benghazi
Does Barack Obama have any idea what is going on in the government that he is supposedly running? Scandals are erupting all around him, and he supposedly was not aware that any wrongdoing had taken place in any of those instances. It is almost as if every major government agency has gone rogue and Obama has no idea what the heck they are doing. According to Obama, he often doesn’t learn what those under his authority are up to until he sits down and turns on the news. Should we believe him when he claims ignorance over and over again, or is Obama just trying to protect himself? Whether you are a Republican, a Democrat or an Independent, the revelations that have come out in recent days about the IRS, the seizure of AP phone records and Benghazi should be very alarming to you. Taken together, these scandals paint a picture of a federal government that has become drunk with power, and no matter where you may fall on the political spectrum that is something that nobody should want. (Read More...)
10 Scenes From The Economic Collapse That Is Sweeping Across The Planet
When is the economic collapse going to happen? Just open up your eyes and take a look around the globe. The next wave of the economic collapse may not have reached Wall Street yet, but it is already deeply affecting billions of lives all over the planet. Much of Europe has already descended into a deep economic depression, very disturbing economic data is coming out of the second and third largest economies on the globe (China and Japan), and in most of the world economic inequality is growing even though 80 percent of the global population already lives on less than $10 a day. Just because the Dow has been setting brand new all-time records lately does not mean that everything is okay. Remember, a bubble is always the biggest right before it bursts. The next major wave of the economic collapse is already sweeping across Europe and Asia and it is going to devastate the United States as well. I hope that you are ready. (Read More...)