Archive for April 17th, 2012

Madrid is plotting to strip Spain’s regions of their powers in a radical bid to convince global investors that the nation can control its finances. By Louise Armitstead TelegraphUK 16 Apr 2012 Officials said Madrid was ready to intervene if the regions continued to bust their budgets and hamper the central government’s austerity drive.... »

Exclusive: US and Chinese officials take part in war games in bid to prevent military escalation from cyber attacks Nick Hopkins Guardian.co.uk Monday 16 April 2012 The US and China have been discreetly engaging in “war games” amid rising anger in Washington over the scale and audacity of Beijing-co-ordinated cyber attacks on western governments... »

CNBC.com Monday, 16 Apr 2012 A year ago, in Action Comics, Superman declared plans to renounce his U.S. citizenship. “‘Truth, justice, and the American way’ — it’s not enough anymore,” the comic book superhero said, after both the Iranian and American governments criticized him for joining a peaceful anti-government protest in Tehran. Last year,... »

TheEconomicCollapseBlog.com The middle class in America is being systematically wiped out, and most people don’t even realize what is happening. Every single year, millions more Americans fall out of the middle class and become dependent on the government. The United States once had the largest and most vibrant middle class in the history of... »

Patrick Henningsen Infowars.com April 16, 2012 The latest bill empowering the IRS to revoke American citizens’ passports is currently in motion. But revoking American citizens’ natural travel rights is only the beginning of this federal government’s latest drive towards a fully-fledged, collectivist totalitarian society. Senate Bill 1813, was originally introduced by Senator Barbara Boxer... »

Infowars.com April 16, 2012 Accusation alone–without due process– can bar your authorization to travel, buy guns, and soon, from many other privileges of the state. In an alarming step towards total fascism, a bill rapidly working its way through Congress would allow strong measures to deal with tax cheats found by the IRS to... »

JESSE’S CAFÉ AMÉRICAIN 16 APRIL 2012 “We always want to keep in mind what the function, the purpose, of the economy is. The purpose of an economy is not producing GDP. It is increasing the welfare of citizens, and it is increasing the welfare of most citizens. And the American economic system has failed,... »

Mike Wilson 4-16-2012 If you’re concerned about high prices at the gas pump, here’s something which might be of interest to you. The Closure Of The U.S. Oil Refinery Industry In The Past 2 Years In 2010, there were 149 operable U.S. refineries with a combined capacity of 17.6 million barrels (2,800,000 m3) per... »

The Daily Bell Monday, April 16, 2012 Euro Area Seeks Bigger IMF War Chest on Spanish Concerns … European officials travel to Washington this week seeking a bigger global war chest to combat the debt crisis as Spain’s government battles to quell renewed market turmoil over its finances. Three weeks after European leaders unveiled... »

KingWorldNews.com April 16, 2012 John Williams, of Shadowstats, has warned that real earnings continue to literally collapse. Also note that the above graph illustrates consumer sentiment still remains below the 2003 market crash levels. Williams’ graphs are excellent depictions of what a collapsed economy truly looks like. They also show why the middle class... »