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Posts Tagged ‘debt’

Learn why democracy destroys your standard of living (starting at 11:30 mark):

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Via utterlycorrelated:

Former Federal Reserve Chairman Alan Greenspan said the United States will have to ration healthcare to reconcile the rising federal debt problem and future entitlement obligations.

[...]

“Maybe the thing to do is change the word ['ration'] so it becomes politically acceptable,” he said.

Which is the goal of Obamacare according to the state’s chief economic propagandist Paul Krugman.

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Debt Slave is a wake up call for all Americans to break out of the corporate control of the mainstream media and prepare for the real economic collapse that is ahead.

www.inflation.us

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“If my sons did not want wars, there would be none.” ~ Gutle Schnaper, Mayer Amschel Rothschilds wife

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Rep. Pete Stark (D – CA) says that the more debt we have the wealthier we are. When questioned about it, he tells Jan Helfeld to “get the fuck out of here” and then threatens to throw him out the window.

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By Richard Moody Jr.

I got you beat by two years! In September of 2005, I sent an email to a gal I know in England. I predicted two things in that email: 1)Credit would dry up, 2)Foreclosures would drive market value. As a former real estate agent who lived through the bear market in the late 1980’s and early 90’s when housing prices were dropping, I immediately saw the housing bubble as a bubble.

Here is food for thought: The real culprit in the financial meltdown is the computer revolution. We can go back to Eisenhower and the growth of suburbia and the Interstate Highway construction in the 1950’s as a booming infrastructure economy where one parent breadwinners were commonplace and parents had a choice of a two breadwinner family or a one breadwinner family. Most Americans no longer have that luxury.

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From the Campaign for Liberty:

The Republican/Democrat duopoly has, for far too long, ignored the most important issues facing our nation. However, alternate candidates Chuck Baldwin, Cynthia McKinney, and Ralph Nader agree with Ron Paul on four key principles central to the health of our nation. These principles should be key in the considerations of every voter this November and in every election.

Continue reading

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Fascist legislators expand the surveillance state once again with an unrelated addition to the Housing Bill (starting at 4:28 in the video):

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Douglas V. Gnazzo writes:

Since 1913, the U.S. dollar bill has lost 95% of its purchasing power due to excessive money and credit creation by the Federal Reserve. This loss of purchasing power is a loss of wealth; it is the reason why the U.S. has gone from being the largest creditor nation on earth to the largest debtor nation on earth.

This is the reason why it now takes two working incomes to support most families – one is no longer enough. This is why the U.S. savings rate is at historical lows. This is why health care, insurance, and college tuition bills have gone through the roof. This is why the price of oil is so high. And on and on the list continues – like a recurring nightmare.

An economy, financial system, or monetary policy is only as strong as the underlying monetary unit that is the basis of all markets. If the foundation is rotten, the edifice built upon it is rotten. It is merely physics on an economical level.
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