Archive for July 27th, 2011

GOP lawmaker admits he’s extorting Congress to rewrite Constitution

Wednesday, July 27th, 2011

David Edwards Raw Story July 27, 2011 Sen. Mike Lee (R-UT) told MSNBC’s Chris Matthews Monday that he is giving Congress ten days to pass a constitutional amendment that would make raising taxes nearly impossible. And if he doesn’t get what he wants, he will do everything in his power to force the U.S.... »

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Preparing For the Coming US Debt Default Pt 1

Wednesday, July 27th, 2011

by Phoenix Capital Research ZeroHedge.com 07/26/2011 We have officially entered Round Two of the Financial Crisis. Round One took place from 2007-2008, consisting largely of private debt (derivatives, credit default swaps, etc) taking down private companies (banks, financials, insurance companies), etc. The US Government response to this was to nationalize various entities (mortgages, insurance,... »

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Europe’s Contagion Effect: Prepare for a Global Economic Collapse

Wednesday, July 27th, 2011

By Nuno Monteiro, Thomas Wright SilverBearCafe.com Europe is on the brink of a major financial disaster. Moody’s has downgraded Irish and Portuguese debt to junk, a status until now reserved for Greece. This in turn has led interest rates on Spanish and Italian debt to spike. Contagion of these two major economies is now... »

Posted in Economics, Government Evil, New World Order | 1 Comment »

Consolidation of seed companies leading to corporate domination of world food supply

Wednesday, July 27th, 2011

by: Ethan A. Huff NaturalNews.com Wednesday, July 27, 2011 Throughout the history of agriculture across the globe, farming has always been a diversified sector of the economy. Small, self-sustaining, family farms were the order of the day in most cultures. Even as small farms grew larger and more specialized over time, many of them... »

Posted in Conspiracy, Corruption, Food Wars | No Comments »

Pension Fund Ultimatum: A Haircut Looks Better Than a Beheading

Wednesday, July 27th, 2011

Mac Slavo July 26th, 2011 SHTFplan.com Millions of Americans believe they’re sitting pretty with their pensions funds, 401(k) retirement plans and medical benefits. But, as we’ve written previously on numerous occasions, pensions are anything but safe. We’re starting to see the coming pension wipe out creep up in smaller cities, and you can be... »

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There’s Only One Way to Avoid a Downgrade to U.S. Credit

Wednesday, July 27th, 2011

by Washington’s Blog Global Research July 27, 2011 According to Reuters, a majority of economists now think that U.S. credit will be downgraded. The debt ceiling plans being proposed likely will not avoid a debt downgrade. Indeed, as Zero Hedge notes, the cuts being proposed in the debt ceiling proposals would be offset by... »

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The Political Theater and the Debt Ceiling Crisis: Are We Being Had?

Wednesday, July 27th, 2011

by Dr. Paul Craig Roberts Global Research July 26, 2011 In my last column I suggested that an unintended outcome of the debt ceiling impasse could be Congress’ loss of the power of the purse. In this column I suggest an intended outcome that the ongoing political theater might be designed to produce. President... »

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Stress!

Wednesday, July 27th, 2011

EconomicCollapseBlog.com Has anyone else noticed that the level of stress in this country appears to be extremely high right now? Today, it seems like our federal government, our state governments and most American families live in a constant state of crisis. Everywhere you look there are major problems. Right now everyone is stressed out... »

Posted in Land Of The Sheep | No Comments »

Ideas and the Culpability for Violence

Wednesday, July 27th, 2011

by Llewellyn H. Rockwell, Jr. LewRockwell.com The violence perpetuated by Anders Behring Breivik in Norway unleashed the usual torrent of blaming anyone who might have influenced the murderer’s thought. He was first described as a right-wing Christian – a description designed to put a certain community on notice. As more evidence rolled in, he... »

Posted in Civil Unrest, Civil War II | No Comments »

The Hidden Debt Risk That Could End the Empire

Wednesday, July 27th, 2011

Rollover Risk and American Hegemony by Michael S. Rozeff LewRockwell.com The debt limit will be raised. Neither side will get its way. The U.S. government always raises the debt limit. How else would the debt and the government have gotten so large? Not raising the debt limit means that the government takes the road... »

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