Everything that you own is slowly being taken away from you. It is being done purposely and it is being done by design. Many Americans like to think of themselves as “well off”, but as will be demonstrated below, we don’t “own” nearly as much as we think that we do. The truth is that most of us have to frantically run around accumulating wealth as rapidly as we can so that we can somehow stay ahead of the rate that wealth is being taken away from us. The entire system is designed to take what you have away from you. There are many ways that this is accomplished – taxation, inflation, debt, interest, fines, fees, tickets, government seizures and good old-fashioned corporate greed. If you tried to just sit back and do nothing but hold on to the wealth that you already have you would find out that it would disappear rather quickly. When you take the time to really analyze our system the conclusion is undeniable – everything that you think that you own is being systematically taken away from you. (Read More...)
Money Problems That Never Seem To End: 25 Reasons To Be Absolutely Disgusted With The U.S. Economy
It seems like wherever you turn there is bad news for the U.S. economy. Unemployment is rampant, the cost of gasoline is going up, the cost of food is going up and American families are getting poorer. Millions of jobs continue to leave the country and everyone is wondering why it seems like the “American Dream” is dying. American consumers are absolutely swamped with staggering levels of credit card debt, student loan debt and mortgage debt and each year the consumer debt crisis only seems to get worse. For millions of American families the money problems never seem to end. Meanwhile, our politicians are doing next to nothing to fix our horrific national debt problem. So yes, there are a whole lot of reasons to be absolutely disgusted with the U.S. economy. We are living in the greatest debt bubble in the history of the world, and anyone with half a brain can see that we are heading for complete and total disaster. (Read More...)
Shut It Down?
If the U.S. government were to shut down for a while, would that really be such a bad thing? Right now everyone in the mainstream media is freaking out as if the world is going to end, but the truth is that there have been government shutdowns before. The apocalypse is not going to happen if there is another shutdown. If Congress could find a way to get our troops and our border patrol agents paid, then what would be so bad about the government taking a “vacation” for a while? After all, when was the last time that either the Republicans or the Democrats did anything that was actually good for America? It has not mattered which political party has been in power – over the past couple of decades our “representatives” in Washington D.C. have passed an endless parade of bad laws and have gotten us into the biggest mountain of debt in the history of the world. They literally seem unable to do anything right. So would it really be so bad if a government shutdown slows them down for a while? If our politicians are going to act like a bunch of idiots, why not let them shut it down? (Read More...)
Is America Becoming The Land Of The Part-Time Job?: Most Of The Jobs That Are Being Created Are Part-Time Jobs And Some Companies Are Going To A “Part-Time Only Policy”
Do you need a good job? If so, there are millions of other Americans that are just like you. Unfortunately, most of the jobs that are available in America today are either part-time jobs, temp jobs or are “independent contractor” jobs. The “full-time job with benefits” is a dying breed. There are so many desperate unemployed workers in America today that companies don’t have to roll out the red carpet anymore. Instead, they can just hire a horde of inexpensive part-timers and temps that they don’t have to give any benefits to. But isn’t the employment situation supposed to be getting better? No, it really is not. Yes, the U.S. economy added 216,000 jobs in March. However, the truth is that approximately 290,000 part-time jobs were created and about 80,000 full-time jobs were actually lost. This is all part of a long-term trend in America. Good jobs are rapidly disappearing and they are being replaced by low paying service jobs that do not pay a living wage. In many American households today, both parents have multiple jobs. Yet a large percentage of those same households can’t even pay the mortgage and are drowning in debt. (Read More...)
Gold, Silver And Oil Are All Skyrocketing And That Is Bad News For The U.S. Economy
The following is one statement that you should get used to seeing: “The price of gold set another record today.” Today, spot gold reached a new all-time record of $1461.91 an ounce before settling back a little bit. Silver is also skyrocketing. At one point today silver hit $39.75 an ounce. It seems inevitable that at some point we are going to be talking about $50 silver. The price of oil is also continuing to relentlessly march upwards. At last check U.S. oil was at about $108 a barrel. All of this is great news for those that are investing in gold, silver and oil, but all of this is also really bad news for the U.S. economy. Why? Well, because when these commodities go up in price it is a sign that the U.S. dollar is dying and that our country is getting closer to economic collapse. (Read More...)
The Japanese Economy Is In Much Bigger Trouble Than Most People Think
Now that nearly a month has gone by since the horrific tsunami in Japan on March 11th, it is starting to become clear just how much economic damage has been done. The truth is that the Japanese economy is in much bigger trouble than most people think. This is almost certainly going to be the most expensive disaster in Japanese history. The tsunami that struck Japan on March 11th swept up to 6 miles inland, destroying virtually everything in the way. Thousands upon thousands of Japanese were killed and entire cities were wiped off the map. Yes, Japan is a resilient nation, but exactly how does a nation that is already drowning in debt replace dozens of cities and towns that are suddenly gone? The truth is that thousands of square miles have been more completely destroyed than if they had been bombed by a foreign military force. The loss of homes, cars, businesses and personal wealth is almost unimaginable. It is going to take many years to rebuild the roads, bridges, rail systems, ports, power lines and water systems that were lost. Nobody is quite sure when the rolling blackouts are going to end, and nobody is quite sure when all of the damaged manufacturing facilities are going to be fully brought back online. (Read More...)
How To Find A Job: Just Be Willing To Flip Burgers And Work For Minimum Wage
Do you want to know how to find a job in America today? It’s easy. Just be willing to flip burgers, wait tables or welcome people to Wal-Mart. You must also be willing to work for close to minimum wage with no health benefits. It’s not that complicated. On April 19th, McDonald’s is going to be holding its first “national hiring day” and it will be attempting to fill 50,000 positions. Hundreds of thousands of applicants are expected, so if you are going to apply be ready for some stiff competition. McDonald’s held a similar event last year in its western region and 60,000 people applied for just 13,000 jobs. But if you are one of the lucky ones, you too may soon be flipping burgers for minimum wage. Who said that finding a job was hard and that the U.S. economy doesn’t work anymore? All of us just need to be “flexible” and we all need to be willing to adapt to the “new economic reality”. (Read More...)
Feeling Depressed? 27 Depressing Statistics About The U.S. Economy That Will Make You Feel Even Worse
If you know someone that believes that the U.S. economy is in great shape, just show that person the following statistics. But please don’t show these statistics to anyone that is feeling depressed or that has just lost a job – it might push such a person over the edge. The sad truth is that the U.S. economy is in the midst of a long-term decline and it is coming apart at the seams. Right now the Obama administration and the Federal Reserve are attempting to “paper over” our economic problems with massive amounts of government debt and paper currency, but in the end it is not going to work. When you analyze the numbers objectively, it leads to the inescapable conclusion that we are headed for another Great Depression. That is a very depressing thought, but there is no denying that decades of debt and incredibly bad decisions are starting to catch up with us. The economic pain that is coming is going to be absolutely mind blowing. (Read More...)