by Bob Chapman Global Research December 15, 2010 The experts’ keep telling us how great shopping is this Christmas Season when only 17% of shoppers are using credit cards. That is a drop of 50% from last year, and the lowest usage in 27 years. We guess buyers have unloaded the cookie jar and... »
Archive for December 15th, 2010
Economic Crisis in America: Mounting Household Debts, Threat to Pension Funds and Social Security
Nic Lenoir On Why The Euro Is About To Crash And Burn, And Why His Concern For The “New Normal” Is Not Slow Growth But Civil War
by Tyler Durden ZeroHedge.com 12/15/2010 From Nic Lenoir of ICAP Today 6 countries in Europe were the theater of riots. I highlighted in the past that voting turn-out has been on the rise in the past 8 years after a steady decline the 3 previous decades. During the credit boom fat and happy citizens... »
The Fatherland Protection Racket
by Thomas J. DiLorenzo LewRockwell.com By now all reasonable people in the world know that the Bush administration (with almost no opposition from Democrats) used 9/11 as a pretense to invade and occupy an oil-rich Middle Eastern country that posed no threat to America. Even President Bush has admitted in a press conference that... »
Here It Comes: “Cybersecurity Standards”, Government Internet Control Gets Serious
EconomicPolicyJournal.com Wednesday, December 15, 2010 Sen. Benjamin Cardin, D-Md has introduced a bill that would require the government and the private sector to require minimum cybsersecurity standards for devices that connect to the Internet. the Internet and Cybersecurity Safety Standards Act would require top government officials to determine the cost-effectiveness of requiring Internet service... »
Slouching Towards Tyranny
Bruce Fein HuffingtonPost.com The state of civil liberties and national security in the United States is alarming. In the American Empire, the former are routinely crippled or lacerated in the false name of the latter. Trust in government plunges. Dangers are magnified manifold to wound constitutionally venerated freedoms. International terrorist suspects who have never... »
Globalists Can Win Cyber War, But Not Information War
Eric Blair Activist Post Wednesday, December 15, 2010 The establishment has been desperately trying to implement legal control over the Internet. They’re attacking freedom of speech and the open Internet from all angles; through government tools, corporate methods, and even the courts. All three of these methods are converging in the WikiLeaks case, but... »
When Americans Lose Everything, They Start To Lose It
Falling down: Gunman opens fire on school board over economic woes Paul Joseph Watson Prison Planet.com Wednesday, December 15, 2010 As Gerald Celente has often warned, when Americans lose everything, they will start to lose it, and nowhere was that more apparent than in the case of Clay Duke, the 56-year-old gunman who opened... »
New General Strike Paralyzes Greece As 100,000 Protesters Take To Athens Streets
by Tyler Durden ZeroHedge.com 12/15/2010 Perhaps it is time for Eurostat to adjust its Greek economic numbers. According to a back of the envelope analysis, roughly 5% of GDP in 2010 was lost to a string of increasingly more potent general strikes, and another 10% due to downstream effects. A new one is in... »
“Off With Their Heads”: A New Class Warfare Has Begun
Gerald Celente Trends Research Institute Wednesday, December 15, 2010 We warned it would happen and it happened as we warned. “Off with their heads! Off with their heads!” chanted the angry mob as they attacked the Royal Rolls Royce carrying Prince Charles and his wife Camilla. “Off With Their Heads 2.0” read the headline... »
Doomsday for the US Dollar: Post Mortem for the World’s “Reserve Currency”
by Mike Whitney Global Research December 14, 2010 Paul Volcker is worried about the future of the dollar and for good reason. The Fed has initiated a program (Quantitative Easing) that presages an end to Bretton Woods 2 and replaces it with different system altogether. Naturally, that’s made trading partners pretty nervous. Despite the... »