economy
As US Debt To GDP Passes 101%, The Global Debt Ponzi Enters Its Final Stages
Zero Hedge— Today, without much fanfare, US debt to GDP hit 101% with the latest issuance of $32 billion in 2 Year Bonds. If the moment when this ratio went from double to triple digits is still fresh in… Continue reading
Half of U.S. Citizens Disapprove of Barack Obama’s Handling of Economy
Grant J. Kidney— In a new poll conducted by CBS News, it was revealed that approximately fifty percent of all American disapprove of President Obama’s handling of the economy.
The poll reveals that only 44% approve to some degree,… Continue reading
8.3% Unemployment Lie
Greg Hunter— The most recent unemployment number is a total lie, and that lie was repeated all over the mainstream media (MSM). Two sins were committed here, and I don’t know which one is worse. The report was a… Continue reading
Buy Silver Now to Capitalize on $100 Per Ounce by Spring 2012
Today silver rose to $34.11 per ounce. Silver has been on a huge boom starting at about $25 per ounce at the beginning of January 2012. The reason for the boom in the commodities market is obviously due to the… Continue reading
Moneyless System Neither Based on Capitalism nor Communism
‘The False Left-Right Paradigm vs. A Resource-Based Economy’
By Matt Berkowitz
Those who criticize the so-called “capitalist” economic ideal are often pejoratively branded as “socialist” or “communist”, as though these were the only alternatives to an unregulated free market. This… Continue reading
Black Friday: Fat, Stupid Americans Rush to Buy Cheap, Chinese Goods
Economies are crashing around the globe. Folks are out on the streets protesting big banks and mega corporations. And yet on Black Friday, millions will rush to the stores to get their hands on some cheap, Chinese made products that… Continue reading
How the Federal Reserve is Killing Black Jobs
It is Thanksgiving week and Americans are thinking about what they have to be thankful for. As the country moves deeper into campaign season the candidates’ rhetoric leaves many with the impression that ‘tis the season not to be jolly.… Continue reading
China: The Global Grab for Resources
China announced Monday is it set to invest in a $1.7 trillion stimulus program over the next five years to ensure economic growth amid fears of slowing growth at home and abroad.
“Global economic conditions remain grim, and ensuring economic… Continue reading
Pentagon Raising Artificial Fears Over Defense Cuts
Defense Secretary Leon Panetta is raising wholly artificial concerns that a slash to the defense budget will inexorably lead to something as devastating as an invasion of the United States.
‘After 10 years, the cuts would leave the United… Continue reading
‘Debt Panel’ to Admit Failure to the American People
The divisiveness in Washington is just so juicy to watch- especially in lieu of a collapsing civilization wrought on by poor economic policies and a stifling inability to work together collectively for the good of the American people.
The so… Continue reading
U.S. National Debt Surpasses $15 Trillion, All According to Plan
The U.S. national debt has now surpassed $15 trillion. This means over $15 trillion of your money has been funneled via the channels of corrupt government straight into the pockets of big bankers.
The engineered financial collapse of the… Continue reading
Thousands of Italians Rebel Against ‘Banker’s Government’
MILAN (Reuters) – Thousands of Italians took to the streets in several cities on Thursday to protest against what they called a “bankers’ government” led by economist Mario Monti, and there were clashes with police.
Students in Italy’s financial capital… Continue reading
Will America Collapse in 2012 if Ron Paul Not Elected?
In a new poll conducted by Bloomberg, Ron Paul gains much ground and becomes a true front runner in the GOP race for President of the United States.
Despite Paul’s new front runner status, the mainstream media will still try… Continue reading
Eurozone Collapse to Cause Continent to Plunge Into Depression
José Manuel Barroso issued his chilling warning as France began diplomatic overtures to create a eurozone vanguard, potentially with fewer than the 17 existing members of the single currency.
Mr Barroso said that if the euro area of the 17… Continue reading
Returning Veterans Can’t Find Work, Go Homeless
CHICAGO (AP) — Orlando Ocasio has a Purple Heart. What he needs now is a job.
As a member of the Marine Corps, Ocasio stormed Baghdad in 2003. A year later on his second deployment, he and his team were… Continue reading
Italy’s Economic Crisis: Yet Another Country That Needs Bailed Out
The Italian economic crisis, just like the Greek economic crisis, just like the rest of the Eurozone’s economic crisis, just like the American economic crisis, is yet again another example of money’s stifling effects on human progress.
ABC News released… Continue reading
It Was Planned: 50 Million Americans Live in Poverty
A new report was released by the government which states that just about fifty million Americans now live in poverty.
Wait a second. That just doesn’t seem right. Fifty million? You heard correct- and many more millions will soon find… Continue reading
US Needs To Generate 262,500 Jobs Monthly To Return To Pre-Depression Employment By End Of Obama Second Term
We will simply copy and paste, with the appropriate adjustments, the form text we put up after each and every NFP report calculating the number of people that have to be added by the end of a hypothetical second Obama… Continue reading
Greek PM Changes Mind on Debt Vote
ATHENS, Greece (AP) — Greece’s prime minister abandoned his explosive plan to put a European rescue deal to popular vote Thursday, keeping his government alive — but passionate squabbling in Athens left the country’s solvency in doubt and the eurozone… Continue reading
Bernanke Fraudulantly Claims Personal ‘Dissatisfaction’ With Economy
When asked recently about the Occupy movement, Federal Reserve Chairman Ben Bernanke played dumb and claimed that he’s personally ‘dissatisfied’ with the economy just as the rest of us are.
The irony in this is that the Federal Reserve bank… Continue reading
Explain it to Me: The Greek Debt Vote
So Greece is in lots and lots of financial trouble like the rest of the world- only, for reasons unbeknownst to the common man, it would seem that the Greek economy is even more important than the U.S. economy.
The… Continue reading
Robots Predicted to Take Over All Work in the World
A faltering economy explains much of the job shortage in America, but advancing technology has sharply magnified the effect, more so than is generally understood, according to two researchers at the Massachusetts Institute of Technology.
The automation of more and… Continue reading
As Economy Collapses, Criminals Take Over Abandonned, Foreclosed Homes
(NaturalNews) Nearly a million and a half American homes are currently in foreclosure, which means many residences in various neighborhoods are now sitting empty and abandoned. And according to a recent report by The New York Times (NYT), criminals of… Continue reading
Greeks Strike Back Against Austerity Measures…Again
In the United States, the Occupy Wall Street movement rages on. In Rome just last week, protesters burned cars and battled it out with police. And now once again in Greece, citizens have taken to the streets in utter protest… Continue reading
(VIDEO) NYPD Punch, Kick, & Run Over Occupy Protesters in Extreme Show of Brutality
The revolution is not without its costs. When the system is challenged, it will fight back- sometimes brutally.
While almost 100% of the Occupy protesters are peacefully resisting the establishment, the same cannot be said of the fascist protectors of… Continue reading
By PDGACO payday loans