We have reached a very interesting turning point in American history. More than at any other point in modern times, Americans are deeply angry about the state of the economy. In fact, it is no stretch to say that millions of U.S. citizens are hopping mad about the economic situation. Most of them don’t know exactly what is wrong, and even fewer of them have any idea about how to go about fixing things, but they do know one thing. They know that they are mad. As Americans, we were raised with the belief that our overwhelmingly powerful economic machine would always provide good jobs and prosperity for all of us as long as we worked hard. But we have come to learn that is not true. We have come to learn that our politicians and our leaders have squandered the great inheritance that our forefathers left for us. We have come to learn that the financial future of our nation is beyond bleak. We have come to learn that our government has piled up the biggest mountain of debt in the history of the world. Now the foolish decisions of the past several decades are catching up with us. The U.S. economy is experiencing structural failure, and the American people are angry. They want answers. They want someone to fix things. They want things to go back to the way they used to be. (Read More...)
BOMBSHELL – Whistle Blower Comes Forward With Solid Proof The Price Of Gold And Silver Is Being Manipulated By Major Financial Institutions
For a long time many of us have had very serious suspicions that the prices of gold and silver were being highly manipulated. But now, thanks to the mind blowing testimony of one very brave whistle blower, the blatant manipulation of the world gold and silver markets is being blown wide open. What you are about to read below is absolutely staggering. Once the American people learn how incredibly corrupt the world financial system is, it is going to change everything. The government that we are all trusting to guard the integrity of the financial system is failing to do that job. It turns out that the Commodities Futures Trading Commission has been sitting on solid evidence that the elite banking powers have been openly and blatantly manipulating the price of gold and silver. Even though they were basically handed a “smoking gun”, they have done absolutely nothing with it. But now the information has gone public and the CFTC is red-faced. (Read More...)
The Massive Tidal Wave Of Illegal Immigration That Threatens To Destroy The United States Economy
According to some estimates, there are as many as 30 million illegal aliens in the United States today. The vast majority of them pay absolutely no federal or state income taxes. And yet they seem more than happy to take advantage of the free social services and benefits offered to them. In fact, stories of how “good” life in America is just encourages more and more immigrants to come to the United States illegally. Not that all immigration is bad. The United States will always be able to use immigrants who come in the “front door” legally. In fact, my wife is originally from Canada. But those who would break the law by entering the U.S. illegally also are the same kind of people who are serial criminals, join gangs, deal drugs, bring diseases and are economic parasites. So can the U.S. economy ever fully recover if we continue to carry tens of millions of illegal aliens on our backs? If Barack Obama and the U.S. Congress open the door for illegal aliens even further, will it create a social and economic nightmare that none of us would even dare to imagine? (Read More...)
Was The Economic Nightmare We Are About To Experience Foreseeable By Anyone With Half A Brain?
Has the economic nightmare that America is now entering been completely and totally foreseeable to anyone who was willing to look at the facts objectively? Has the generation now running the United States recklessly destroyed the financial future of us all? Will future generations look back and curse those who lived at this time for saddling them with so much debt? When it comes to the financial condition of this country, most people want to make it into a Republican/Democrat thing, but the truth is that both parties have done a miserable job of managing the nation’s finances. It would have been very helpful if at least one of the political parties had been the least bit interested in getting America’s financial house in order, but that was not the case. Instead, both Republicans and Democrats worked together to pile up the biggest mountain of debt in the history of the world. They worked together to build a “global economy” that shipped a huge percentage of our manufacturing overseas. They worked together to build a system that highly favors the biggest corporations and the international banking elite. Now American stands on the precipice of a devastating economic collapse, and many of our politicians seem actually shocked about what is happening. (Read More...)
The Silent Entitlements Monster: Social Security, Medicare And Interest On The Debt Will Gobble Up Every Single Tax Dollar By 2020
There is a silent monster that looms menacingly over U.S. government finances. Every politician knows about it, but very few of them ever want to talk about it. This silent monster grows larger every year, and yet nobody seems to know quite what to do about it. Those who have closely analyzed this monster all seem to agree that one day it will create a financial tsunami of a magnitude that is absolutely unprecedented, but there is vast disagreement about how to escape this financial tsunami or if it is even possible to escape it. The name of this monster is “entitlements” – Social Security, Medicare and other social Ponzi schemes that the U.S. government has locked itself into funding. It would be hard to understate the seriousness of the problem that entitlements present. In fact, according to an official U.S. government report, rapidly growing interest costs on the national debt together with spending on major entitlement programs will absorb approximately 92 cents of every dollar of federal revenue by the year 2019. By 2020, that figure will be up around 100 cents of every dollar of federal revenue. So that means that interest on the debt and spending on entitlement programs will eat up everything the U.S. government takes in before a penny is spent on anything else. That is a recipe for national financial suicide. (Read More...)
79 Percent Of American Voters Say They Think The U.S. Economy Could Collapse – And They Are Absolutely Right
An overwhelming majority of American voters now believe that the United States could experience a total economic collapse. According to the latest Fox News poll, 79 percent of U.S. voters believe “it’s possible the nation’s economy could collapse”, and the poll found that this belief in the fragility of the American economy cuts across the entire political spectrum. The truth is that the American people, at least on some level, know that a day of reckoning is at hand. For decades, America has been enjoying the biggest party in the history of the world, but unfortunately that party was fueled by a gigantic mountain of debt, and now the bills are starting to come due. Unfortunately for those trying to do something about this economic mess, the American people are starting to realize that the U.S. economy is now basically a house of cards, and that could lead to massive financial panic when things really start to fall apart. (Read More...)
If The Money Supply Is Exploding Why Are We Not Seeing Rampant Inflation?
The U.S. money supply has been expanding at an absolutely unprecedented rate. So why are we not experiencing rampant inflation? Why is the U.S. dollar not falling through the floor? Well, the truth is that all of this new money has gotten into the U.S. financial system but it is not getting into the hands of U.S. businesses and consumers. In fact, even though the money supply is exploding, U.S. banks have dramatically decreased lending. This has brought us to a very bizarre financial situation as a nation. (Read More...)
Has The State Of California Become The Epicenter Of The Economic Collapse Of America?
Once upon a time, California was the state that everyone wanted to move to. The endless sunshine, the gorgeous weather, the beaches, the lure of Hollywood and a booming economy made it extremely attractive to millions of Americans who wanted to fulfill their “California dreams”. But those days are long gone. Now, the state of California has become an economic nightmare. In fact, many would argue that California has now become the epicenter of the economic collapse of the United States. Everything that once made California great is now being swamped by a tidal wave of unemployment, foreclosures, crime, budget cuts, traffic, taxes and natural disasters. There is a reason why every year now many more people leave the state of California than move into it. The state of California is suffering a slow economic death, and if something is not done it could end up being one of the biggest financial disasters in history. (Read More...)