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...)
America’s Roads Have Been Turned Into A Revenue Generating Surveillance Grid
What do speed traps, parking tickets, toll roads, speed cameras and red light cameras all have in common? They are all major revenue sources for state and local governments. All over America today there are state and local governments that are drowning in debt. Many have chosen to use “traffic enforcement” as a way to raise desperately needed revenue. According to the National Motorist Association, issuing speeding tickets raises somewhere between 4.5 billion and 6 billion dollars in the United States each year. And the average price of a speeding ticket just keeps going up. Today, the national average is about $150, but in many jurisdictions it is far higher. For example, more than 16 million traffic tickets are issued in the state of California each year, and the average fine is approximately $250. If you are wealthy that may not be much of a problem, but if you are a family that is barely scraping by every month that can be a major financial setback. Meanwhile, America’s roads are also being systematically transformed into a surveillance grid. The number of cameras watching our roads is absolutely exploding, and automated license plate readers are capturing hundreds of millions of data points on all of us. As you drive down the highway, a police vehicle coming up behind you can instantly read your license plate and pull up a whole host of information about you. This happened to me a few years ago. I had pulled on to a very crowded highway in Virginia and within less than a minute a cop car had scanned me and was pulling me over because one of my stickers had expired. But these automated license plate readers are being used for far more than just traffic enforcement now. For example, officials in Washington D.C. are now using automated license plate readers to track the movements of every single vehicle that enters the city. They know when you enter Washington, and they know when you leave. So where is all of this headed? Do we really want to live in a “Big Brother” society where the government constantly tracks all of our movements? (Read More...)
Are We On The Verge Of Witnessing The Death Of The Paper Gold Scam?
The legal claims on physical gold far exceed the amount of physical gold that the banks actually have by a very, very wide margin. And right now the bankers are scared out of their wits because their warehouses are being drained of physical gold at a frightening rate. So what happens when their physical gold is gone but they still have lots and lots of people with legal claims to gold? When that moment arrives, it will represent the end of the paper gold scam. Many believe that the recent takedown of the price of paper gold was a desperate attempt by the bankers to put off that day of reckoning, but it appears to have greatly backfired on them. Instead of cooling off demand for precious metals, it has unleashed a massive “gold rush” all over the globe. Meanwhile, word has been spreading among wealthy families in both North America and Europe that they had better grab their physical gold out of the banks while they still can. This is creating havoc in the financial community, and at least one major international bank has already declared that it will only be settling those accounts in cash from now on. The paper gold scam is starting to unravel, and by the time this is all over it is going to be a complete and total nightmare for global financial markets. (Read More...)
The Price Of Copper And 11 Other Recession Indicators That Are Flashing Red
There are a dozen significant economic indicators that are warning that the U.S. economy is heading into a recession. The Dow may have soared past the 15,000 mark, but the economic fundamentals are telling an entirely different story. If historical patterns hold up, the economy is heading for a very rocky stretch. For example, the price of copper is called “Dr. Copper” by many economists because it so accurately forecasts the future direction of the U.S. economy. And so far this year the price of copper is way down. But that is not the only indicator that is worrying economists. Home renovation spending has fallen dramatically, retail spending is crashing in a way not seen since the last recession, manufacturing activity and consumer confidence are both declining, and troubling economic data continues to come pouring out of Asia and Europe. So why do U.S. stocks continue to skyrocket? Will U.S. financial markets be able to continue to be divorced from reality? Unfortunately, as we have seen so many times in the past, when stocks do catch up with reality they tend to do so very rapidly. So you better put on your seatbelts because a crash is coming at some point. (Read More...)
11 Reasons Why The Federal Reserve Should Be Abolished
If the American people truly understood how the Federal Reserve system works and what it has done to us, they would be screaming for it to be abolished immediately. It is a system that was designed by international bankers for the benefit of international bankers, and it is systematically impoverishing the American people. The Federal Reserve system is the primary reason why our currency has declined in value by well over 95 percent and our national debt has gotten more than 5000 times larger over the past 100 years. The Fed creates our “booms” and our “busts”, and they have done an absolutely miserable job of managing our economy. But why do we need a bunch of unelected private bankers to manage our economy and print our money for us in the first place? Wouldn’t our economy function much more efficiently if we allowed the free market to set interest rates? And according to Article I, Section 8 of the U.S. Constitution, the U.S. Congress is the one that is supposed to have the authority to “coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures”. So why is the Federal Reserve doing it? Sadly, this is the way it works all over the globe today. In fact, all 187 nations that belong to the IMF have a central bank. But the truth is that there are much better alternatives. We just need to get people educated. (Read More...)