Tag Archive | greatest depression

Greece, A Warning Sign For The World

Greece is most definitely a warning sign for the world. If you keep recklessly piling up debt, eventually a day of reckoning comes. It is inevitable.

Formerly Great Cities All Over America Are Turning Into Open, Festering Sores

Today, many of our cities that once were considered to be some of the greatest in the world have been transformed into rotting, post-apocalyptic hellholes.

Brain Dead Obama

by Joel S. Hirschhorn

Everyone who voted for Obama should feel betrayed, ashamed and disgusted.  Anyone who still trusts, admires and respects Obama is a fool.  Here is my political fantasy: I wake up one day soon and hear the news that President Obama has a fatal brain tumor and will soon resign.  Praise the Lord!

Read More…

Layoffs, Layoffs Everywhere You Look There Are Layoffs

The competition for jobs in the United States is absolutely brutal right now, and it is about to get worse. A new wave of layoffs is sweeping across America. During tough economic times, Wall Street favors companies that are able to cut costs, and the fastest way to “cut costs” is to eliminate employees. After a period of relative stability, the employment picture in the U.S. is starting to get bleaker again. New applications for unemployment benefits have now been above 400,000 for 15 straight weeks. Finding a good job is kind of like winning the lottery in this economy. Our federal government and the state governments have made it incredibly complicated and extremely expensive to have employees on the payroll. It is getting harder and harder to get a large enough return to justify the time and expense that hiring employees requires. So many firms now find themselves trying to do more with the employees that they already have. Other companies are turning to temp agencies as a way to reduce costs and increase workplace flexibility. A lot of the big corporations are sending as much work as they can overseas where the wages are far lower and where the regulatory environment is much simpler. All of this is really bad news for American workers that just want good jobs that will enable them to provide for their families.

Debt Ceiling Debate Charade Masks Planned Entitlement Cuts

Debt Ceiling Debate Charade Masks Planned Entitlement Cuts – by Stephen Lendman

Short of finalizing details and assuring enough bipartisan support, it’s a done deal to slash Social Security, Medicare, Medicaid, and other social spending while leaving outsized military budgets and generous handouts to corporate favorites in place.

At the same time, the timeline to accomplish it is undetermined. Political posturing may extend the August 2 deadline until fall or beyond.

Crashing the FED is part of the plan — Eustace Mullins

Excerpts from Jan Irvin interview of Mullins in Sep 2009. Mullins’ accuses Griffin of plagiarizing his book, say Ron Paul works for whoever pays him, and explains that crashing the FED is part of the plan.

Original full interview

Part 1
http://gnosticmedia.podomatic.com/entry/2009-09-27T21_26_42-07_00

Part 2
http://gnosticmedia.podOmatic.com/entry/2009-10-04T23_41_53-07_00

War Zones: As The Economy Dies, Murders, Shootings, Robberies And Looting Erupt All Over America

As the U.S. economy falls apart and millions of Americans descend into despair we are seeing some really shocking things start to happen all over America. The mainstream media keeps telling us that crime is under control, but they are also the ones that keep telling us that we are in the midst of an “economic recovery”. Unfortunately, the truth is thatthe economy is slowly dying. Today, an all-time record 44 million Americans are on food stamps. That number is 18 million higher than it was just four years ago. When people can’t get jobs and when people feel deprived they get desperate. The incidents that you are about to see and read about below are very disturbing. Many American communities are rapidly turning into war zones. Sadly, it is mostly young people that are involved in the crimes and the violence that are now sweeping America.

Wake-Up Call: Top 11 Trends of 2011

By Gerald Celente

After the tumultuous years of the Great Recession, a battered people may wish that 2011 will bring a return to kinder, gentler times.
But that is not what we are predicting. Instead, the fruits of government and institutional action ­ and inaction ­ on many fronts will ripen in unplanned-for fashions. Trends we have previously identified, and that have been brewing for some time, will reach maturity in 2011, impacting just about everyone in the world.

1. Wake-Up Call In 2011, the people of all nations will fully recognize how grave economic conditions have become, how ineffectual and self-serving the so-called solutions have been, and how dire the consequences will be.

Having become convinced of the inability of leaders and know-it-all “arbiters of everything” to fulfill their promises, the people will do more than just question authority, they will defy authority. The seeds of revolution will be sown.

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Economic Collapse Update: Acceleration In Autumn

If I was to compare the movements of the economic collapse to a chess game, I would say that the pieces are now in place this fall for a checkmate maneuver. Watch for increased tensions with China in October and November, followed by actual legislation sparking detrimental retaliatory actions. Also keep an eye on the dollar as it continues what looks to be its final decline.

Will we see a trigger event before the end of 2010? I predicted this much last year. My hope is that I was mistaken and that 2010 only represents a staging period for the inevitable deterioration further down the road, giving as many people as possible the extra time to prepare. As you can see though from the available information, this winter could be very unsettling. Hold fast, keep educating family and friends, continue preparations, and try to become as independent from this diseased economy as possible. Build meaningful community around you. Provide for yourself and others what the corrupt system will not, and remain free. It doesn’t sound like much, but it is truly one of the greatest contributions you can make towards a better tomorrow.

Continue @ http://www.pakalertpress.com/

The U.S. Economic Collapse Top 20 Countdown

So just how bad is the U.S. economy? Well, the truth is that sometimes it is hard to put into words. We have squandered the great wealth left to us by our forefathers, we have almost totally dismantled the world’s greatest manufacturing base, we have shipped millions of good jobs overseas and we have piled up the biggest mountain of debt in the history of mankind.   Continue

Are We About To Witness The Greatest Banking Consolidation In U.S. History?

As the number of bank failures in the United States continues to accelerate, many analysts are warning that we could soon see unprecedented changes in the U.S. banking industry. In fact, there are some economists that are warning that we could be about to witness the greatest banking consolidation in U.S. history. As dozens of small and medium size banks have failed, the megabanks have systematically been gobbling up larger and larger slices of market share. In fact, if current trends continue, it doesn’t take much imagination to foresee a future where the entire U.S. banking industry has been consolidated down to between 5 and 10 “superbanks”. So would that be so bad? Well, yes it would. It would represent a massive shift in financial power away from the American people to big, global corporate banks. But if you happen to be a fan of big, global corporate banks perhaps you will really love what is about to happen to the U.S. banking industry.   Continue

“Things Are Never Going To Get THAT Bad”

The Economic Collapse
April 30, 2010

Our recent article, “20 Things You Will Need To Survive When The Economy Collapses And The Next Great Depression Begins“, has drawn some intense criticism from those who believe that the U.S. economy is so strong that it could never completely and totally collapse.  In fact, this blog is being accused of officially going off the deep end.  Why?  It’s not because we are pointing out that the economy is bad.  After all, according to a recent Pew Research national poll, 88 percent of Americans rate national economic conditions as only fair or poor.  No, rather it is because we are projecting the eventual complete and total collapse of the U.S. economy.  There still seems to be a belief among a large number of Americans “that things are never going to get THAT bad”.  But they are going to get that bad.  It’s just that most people do not realize it yet.   http://www.prisonplanet.com/

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