Do you ever get to the point where you are just fed up with the way that things are headed? There are times when it seems as if we are all stuck in some kind of horrific nightmare that we can’t wake up from. Day after day we get the privilege of watching our esteemed leaders down in Washington D.C. wreck the U.S. economy, push us towards socialism and globalism, and slowly erode our constitutional freedoms. Day after day we get the privilege of watching corruption and greed run wild down on Wall Street. Day after day those of us who are awake to what is going on find ourselves increasingly frustrated with the vast majority of Americans who are either too dazed, too drugged or too asleep to even care that the great nation that their forefathers built is in the process of crumbling all around them. Not that there aren’t some promising signs out there. Certainly Rand Paul’s recent victory in Kentucky shows that the American people are not automatically going to vote for the candidates backed by the establishment anymore. But it seems like every piece of good news these days is accompanied by a dozen news stories that are so bad that they make you want to scream. It is incredibly frustrating that tens of millions of Americans who bust their backs working incredibly long hours, who try to do what is right, and who truly do love their country are going to pay the price for the errors of a bunch of idiots down in Washington D.C. and New York. The America that so many of us grew up in love with (the once great Republic with the greatest free enterprise system in the world) is being strangled out of existence by a horde of globalists, socialists and elitists. Well, there are millions of us who are fed up. I am fed up. So today you are going to get an “editorial”. Actually what you are going to get is an old-fashioned rant. But the truth is that we live during times when ranting is appropriate. Feel free to express your agreement or disagreement with the various things I am going to rant about below. Hopefully if enough people start talking about these things, the American people will wake up and start taking their country back. (Read More...)
The Unbelievably Rampant Corruption On Wall Street
In order for a financial system to be able to function properly, it is absolutely essential that the general population has faith in it. After all, who is going to want to invest in the stock market or entrust their money to big financial institutions if there is not at least the perception of honesty and fairness in the financial marketplace? For decades, the American people did have faith in Wall Street. But now that faith is being shattered by a string of recent revelations. It seems as though the rampant corruption on Wall Street is seeping up almost everywhere now. In fact, some of the things that have come out recently have been absolutely jaw-dropping. The truth is that the corruption on Wall Street is much deeper and much more systemic than most of us ever dared to imagine. As the general public digests these recent scandals, it is going to result in a tremendous loss of faith in the U.S. financial system. Once faith in a financial system is lost, it can take years or even decades to get back. So how is the U.S. financial system supposed to work properly when large numbers of people simply do not believe in it anymore? (Read More...)
11 Signs That The U.S. Government Has Become An Overgrown Monstrosity That Almost Every American Is Dependent Upon For Economic Survival
Today, the number of Americans who are able to financially survive without any reliance on the U.S. government whatsoever is declining at a staggering rate. Whether it is through direct handouts, entitlement programs, student loans, government bailouts, government contracts or direct employment, the truth is that now a solid majority of the American people are at least partially dependent on the federal government for their economic survival. The sad thing is that the majority of the American people say that there is too much government in their lives when opinion polls are taken, but if you try to take the government check that they are getting away from them those same people will scream bloody murder. But the truth is that it is getting to be really, really hard to be completely independent of the U.S. government economically. That is because the U.S. government has their hands in almost everything. The ideal of a “limited federal government” has long since faded away. Very few people seem to believe in it anymore. Instead, Americans today look to the federal government as the answer to all of our problems, as the provider of all of our needs, and as the regulator of every single detail of our lives. (Read More...)
The Declining Value Of Work
One of the great joys that men in free societies have long enjoyed is the ability to earn an honest wage for an honest day of work. In particular, the amazing capitalist engine that powered the U.S. economy for decade after decade greatly rewarded the incredible hard work and industriousness of the American people. America was known as the land of opportunity, and we built the largest middle class in the history of the world by working incredibly hard. But today, all of that is fundamentally changing. Thanks to rapid advances in technology, and thanks to the globalization of the work force, the labor of American workers is rapidly losing value. Automation, robotics and computers have made many jobs obsolete. Today one man can do the work that a hundred men used to do. Not only that, but today American workers literally have to compete against workers from all over the globe. Global corporations often find themselves having to choose whether to build a factory in the United States or in the third world. But in the third world workers often earn less than 10% of what American workers earn, corporations are often not required to provide any benefits to workers, and there are usually hardly any oppressive government regulations. How can American workers compete against that? (Read More...)
Get Ready To Taste The Bitter Side Of Keynesian Economics
Most Americans have no idea what the term “Keynesian economics” means, but the truth is that it has been deeply influencing U.S. economic policy for decades. Essentially, it is an economic theory that originated with a 20th century British economist named John Maynard Keynes, and it advocates government intervention in the economy in order to smooth out economic cycles. The general idea was that lower interest rates and increased government spending could be used to increase aggregate demand when the economy was experiencing a downturn, thus increasing economic activity and reducing unemployment. (Read More...)
Another Way That The Federal Reserve Makes Massive Gobs Of Money For The Big Banks
When most people discuss how the Federal Reserve benefits the big banks, they usually only focus on the ways that the Federal Reserve directly brings in income. But there is so much more to it than that. The truth is that the Federal Reserve is used in a whole variety of ways to indirectly assist the big banks in making huge gobs of money. One of the ways this is currently being accomplished is through the U.S. Treasury carry trade. (Read More...)
Will The U.K. Be The Next European Nation To Experience A Massive Debt Crisis?
Now that the Greek debt crisis has been “fixed” by a gigantic pile of more debt, many are wondering which European nation will be next to experience a massive debt crisis. Increasingly, all eyes are turning to the U.K. and their public debt that is spiralling out of control. The U.K. government’s deficit is projected to be approximately 13 percent of GDP in 2010, which is even worse than Greece’s 12.5 percent figure. Right now the public debt of the U.K. is “only” at 68 percent of GDP, but three years ago it was sitting at about 40 percent, so as you can see the national debt of the U.K. is absolutely exploding in size. In fact, it is now being projected that the public debt of the U.K. will exceed 100 percent of GDP within the next three years. Considering the fact that citizens of the U.K. are some of the most highly taxed people in the world already, there just is not much room for raising more revenue. (Read More...)