Bob Chapman International Forecaster June 23, 2011 What the world is experiencing today did not happen by chance, it was planned that way. What Congressman Louis McFadden said of the “Great Depression” is as true today as it was in the 1930s. As Chairman of the House Banking Committee he said, “It was no... »
Archive for June 23rd, 2011
Bernanke Is Either Not Very Bright or Not Very Honest. He Admits He Doesn’t Know Why We Have a Weak Economy … But He’s the One Who Weakened It
Washignton’s Blog June 23, 2011 In “Bernanke Admits He’s Clueless On Economy’s Soft Patch”, Forbes blogger Agustino Fontevecchia notes: Brutally honest, Bernanke admitted that he had no clue what was actually causing the current fragility in the U.S. economic recovery. While the FOMC statement assigned blame outside of the U.S., pointing at Japan along... »
The Bitter Medicine for the United States
by Mad Hedge Fund Trader OilPrice.com On a map, it appears that the United States is made up of 50 states. The fiscal reality is that we have 20. Portugal’s, 15 Italy’s, 10 Irelands, 3 Greece’s, and 2 Spain’s. In Q1, state and local GDP shrank by 3.8%, chopping growth at the national level... »
Stockman: Warns on U.S. “Bond Armageddon”; First Default Could Be to IMF
By Robert Wenzel EconomicPolicyJournal.com David Stockman, former Budget Director under Ronald Reagan, told CNBC’s Nicole Lapinthat the first default by the United States government could be a payment to the International Monetary Fund. Lapin reports: He said that this careless “shoveling” of money could lead to a default here in the U.S.— and suggested... »
Corruption In America
EndOfTheAmericanDream.com In the United States today, it is not just the economy that is crumbling. The entire fabric of society is coming apart as well. Literally almost wherever you look you can find rampant corruption in America. Our federal government is corrupt, our state and local governments are corrupt, our corporations are corrupt and... »
Is The Economy Improving?
EconomicCollapseBlog.com Is the U.S. economy improving? That is what Federal Reserve Chairman Ben Bernanke would have us believe. Bernanke declared today that the “recovery appears to be proceeding at a moderate pace” and that everything is going pretty much as planned. Sadly, the mainstream media and most of the American people still seem to... »
FORTY FIVE SECONDS OF HELL
By Coach Dave Daubenmire June 23, 2011 NewsWithViews.com I promised the folks of Joplin that I would not let America forget them. I know that some of the readers of this column would like me to move on. But I can’t. On my way home from Joplin last week, after we had delivered our... »
SHOULDN’T WE CELEBRATE OUR GLOBAL DEPENDENCE THIS JULY FOURTH?
By J.B. Williams June 23, 2011 NewsWithViews.com Is the average American citizen really foolish enough to think we are still a free independent sovereign nation today? How is thee totally globally dependent? Let me count the ways! First, the open borders policy of our Federal Government demonstrates that America is no longer a sovereign... »
Why is there a Media Blackout on Nuclear Incident at Fort Calhoun in Nebraska?
by Patrick Henningsen Global Research June 23, 2011 Since flooding began on June 6th, there has been a disturbingly low level of media attention given to the crisis at the Fort Calhoun Nuclear Facility near Omaha, Nebraska. But evidence strongly suggests that something very serious has in fact happened there. On June 7th, there... »
Federal Reserve Shipped Billions to Iraq Which Were Then Stolen… Involved in Other Unsavory Activities
by Washington’s Blog Global Research June 23, 2011 NBC reports today: The New York Fed is refusing to tell investigators how many billions of dollars it shipped to Iraq during the early days of the US invasion there, the special inspector general for Iraq reconstruction told CNBC Tuesday. The Fed’s lack of disclosure is... »