Executive Summary One of several known triggers from within one of the several current economic bubbles will cause a particular submarket to collapse, which will threaten all markets by causing a panic, and most likely cause a painful collapse of… Read More ›
economic collapse
A 9 Minute & 50 Second Video Explains The End Of The United States
The first video is an educational 9′ 50″ video on how The Fed is creating the inflation that is raising gas prices, food prices and will ultimately lead to the demise of the dollar. The second video is a fictional… Read More ›
What Caused Our Economic Collapse in a Nutshell
Update March 13, 2013 – if you like this post, I also recommend reading my post, How to Destroy America in Ten Easy Steps. The fact is, the entire housing bubble and the economic collapse were caused entirely by our… Read More ›
CA Union Employee Pension Costs Up 2,000%
Let me start with some shocking statistics from the Wall Street Journal… “Approximately 85% of the state’s 235,000 employees (not including higher education employees) are unionized. As the governor noted during his $83 billion budget roll-out, over the past decade… Read More ›
Uncertainty, The Storm That Never Ends
Nothing makes a recession last longer than market uncertainty. Contrary to what the government would have you believe, the “market” is fairly predictable. There are thousands of leading and lagging indicators that move in certain directions of varying amounts and can… Read More ›
The Job’s Bill-Government Magic Tricks
I remember learning how magicians use sleight-of-hand to keep the audience focused on one hand, while they use their other hand to perform the trick. This intentional distraction works well in magic and works wonders in politics. The recent Jobs… Read More ›
Uncertainty, The Storm That Never Ends
Nothing makes a recession last longer than market uncertainty. Contrary to what the government would have you believe, the “market” is fairly predictable. There are thousands of leading and lagging indicators that move in certain directions of varying amounts and can… Read More ›
Government Claims: “Everyone gets a raise!” if Healthcare Reform Passes
So besides the “sun tan” tax I mentioned in a post here, how is the government going to pay for healthcare reform? From the same people who want to fine you for underinflated tires and ban black cars to save the environment… Read More ›
Triple Whammy: Foreclosures Rise, Retail Sales Fall, Unemployment Claims Rise
CNBC reports, “Foreclosures jumped 14 percent in December 2009 from the previous month, according to a new report from foreclosure listing Web site RealtyTrac.com. The increase came despite foreclosure suspensions during the holiday season from Citigroup, Bank of America and Fannie… Read More ›
Negative Savings Rate Reaches Great Depression Level
“Government deficits have caused the U.S. savings rate to turn negative for the first time since the Great Depression…” ~Bloomberg This is a good example of why government stimulus sounds good on paper, but does little to help the economy…… Read More ›
Senators Sellout for Yea Vote on Healthcare Reform
United States Constitution: Article IV-Section II, “…the citizens of each state shall be entitled to all privileges and immunities of citizens in the several states.” This means the federal government cannot treat some states differently than others. For example,when the… Read More ›
Healthcare Reform Imminent – Important Post – Please Distribute
Contact your Senators now. We are out of time, this healthcare bill is going to pass. Click here, put in your address and it will tell you who to contact for your area. A sample letter for you to cut and… Read More ›
People Sign Petition to Bankrupt U.S. Economy-I’m Not Kidding
In the following video, Mark Dice asks random people on the street to sign a petition to increase our current inflation rate of about 4% to 100%, and to increase it an additional 100% over the next five years. This… Read More ›
Headlines – The Devil’s Playground For Editors
Above is the headline from today’s MSNBC article on last weeks jobs reports. Here is the lead-in paragraph… WASHINGTON – The tally of newly laid-off workers seeking unemployment benefits fell unexpectedly for the fifth straight week, a hopeful sign that… Read More ›
Spin vs. Fact and GDP Contracts Net -.2%
The Spin (consumer spending increased!) “Though cautious, consumers are holding up despite high personal debt, a tight job market and hard-to-get credit. A government report out Wednesday is expected to show consumer spending rose 0.5 percent in October, compared with… Read More ›
$12,000,000,000,000
That’s what we owe. Let’s be clear. We consume more than we produce. Our entire country is running off a credit card called China. If China stops lending to us, our debts come due and we are in serious trouble. … Read More ›
Safe Mortgages Collapsing
After reading this L.A. times article from Saturday, I have to ask myself, why is the government surprised that conforming loans, the “safe bet investment” 30 year fixed rate loans that have been the bread and butter of mortgage loans for generations,… Read More ›