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The Voice of the Irate, Tireless Minority
by Jim Quinn (libertarian)
About The Author
I am the Senior Director of Strategic Planning for a major university . This column reflects my personal views. It does not necessarily represent the views of my employer, and is not sponsored or endorsed by them. My background is in Finance. I'm married with three children. I'm writing this column because I care about their future.
About The Column
"It does not take the majority to prevail, but rather an irate, tireless minority, keen on setting brush fire freedom in the minds of men." Samuel Adams (visit http://theburningplatform.com/ to join the fight)
WHERE'S OUR OIL PRICE COLLAPSE
Published: September 4, 2011
Make no mistake about it, without plentiful, cheap, and easy to access oil, the United States of America would descend into chaos and collapse. The fantasies painted by "green" energy dreamers only serve to divert the attention of the non critical th
Keynesian Solutions - After Total Failure - Try, Try Again
Published: August 23, 2011
The Keynesians had their chance. They controlled the Presidency and both houses of Congress. A Keynesian runs the Federal Reserve. They implemented everything they proposed. The $862 billion porkulus program, the $700 billion TARP program, home buyer
BERNANKE SCREWING SENIOR CITIZENS
Published: August 15, 2011
The utter failure of QE2, hollow Congressional spending cuts that will keep the National Debt on track towards $23 trillion by 2021, S&P downgrade and recent plunge in the stock market are the first cracks in the faade of the great American Empire. W
THE BEST LOOKING HORSE IN THE GLUE FACTORY
Published: August 9, 2011
The politicians and bankers who control the developed world have made the choice to print money and create more debt as their solution to an un-payable debt problem. Europe, Japan, the U.S., and virtually every country in the world want to devalue th
BREAD, CIRCUSES, SPENDING CUTS, UNICORNS & THE APPEARANCE OF WEALTH
Published: August 5, 2011
With the revolting display of political theater in the last few weeks, I couldn't help but consider the parallels between the Roman Empire and the American Empire. The entire debt ceiling farce was a circus on an epic scale - The Greatest Show o
THIS COUNTRY DEFAULTED LONG AGO
Published: July 29, 2011
The final collapse of our credit expansion boom approaches. We have a choice over the next week. We could voluntarily abandon further credit expansion by voting for a Balanced Budget Amendment to the Constitution or we can raise the debt ceiling, pre
WHO ARE THE EXTREMISTS?
Published: July 29, 2011
"The issue boils down to this: do we care about freedom? Do we care about responsibility and accountability? Do we care that our government and media have been bought and paid for? Do we care that average Americans are being looted in order to subsid
MILITARY EXERCISES IN BOSTON
Published: July 27, 2011
What are they preparing for?
PEACOCK SYNDROME - AMERICA'S FATAL DISEASE
Published: July 24, 2011
The herd has been mad since 1970 and with the post economic collapse of 2008, some people are recovering their senses slowly, and one by one. The country was overrun by flocks of ostentatious peacocks displaying their plumage in an effort to impress
UNFORGIVEN - PART FIVE
Published: June 24, 2011
Average Americans feel betrayed by politicians, bankers and corporate America. The Tea party movement is a reflection of that anger. Fourth Turnings always sweep away the old order and replace it with a new order. The old order isnt ready to be swept
NEW HAMPSHIRE MAN SELF IMMOLATES ON COURTHOUSE STEPS
Published: June 20, 2011
New Hampshire Man Burns Self At Courthouse In ProtestA New Hampshire man burned himself to death in front of a courthouse. The specific reasons are individual to him, regarding a domestic violence arrest and prosecution. But the larger reason he kill
PEAK OIL - THE LONG & THE SHORT
Published: June 15, 2011
A barrel of Brent Crude (the truest indicator of worldwide oil scarcity) sits at $118, up from $75 per barrel in July 2010 a 57% increase in eleven months. In the U.S., the average price of gasoline is $3.69 per gallon this week, up 37% in the last
IT'S THE DEBT, DUMMY
Published: June 12, 2011
It should be clear to anyone that we have a bit of a debt problem. The government solutions jammed down our throats since 2008 have added $7 trillion of debt to the national balance sheet. The only thing keeping this house of cards from collapsing im
QE2 - THE BERNANKE CHRONICLES
Published: June 9, 2011
Anyone impartially assessing the success of QE2 would have to conclude that it has been an unmitigated failure and has put the country on the road to perdition. In three weeks, the Federal Reserve will stop pumping heroin into the veins of Wall Stree
OUTLAW JOSEY WALES - PART FOUR
Published: June 1, 2011
After 1980, in some sort of warped Twilight Zone episode, politicians across the land convinced themselves and the masses they could have lower taxes, more entitlement goodies, never ending war, and an unlimited heaping of material goods, with no adv
THE GOOD, THE BAD AND THE UGLY
Published: May 17, 2011
The Federal Reserve in collaboration with the giant banks has created the greatest financial crisis the world has ever seen. The foolish notion that unlimited amounts of money and credit created out of thin air can provide sustainable economic growth
FISTFUL OF DOLLARS - PART TWO
Published: May 2, 2011
It is not easy to destroy the greatest empire in the history of mankind. The 20th Century was the American Century, but as with all empires, the combination of hubris, monetary debasement, imperial overreach and delusional overconfidence have set in
FOR A FEW DOLLARS MORE - PART ONE
Published: April 26, 2011
An apathetic public, dominated by the Baby Boom generation, has the attention span of a gnat. As long as they can make the lease payment on their Escalade, use one of their 15 credit cards at the Mall, be entertained by 600 cable TV stations, play wi
YEARS OF THE MODERN
Published: April 17, 2011
Based upon a review of the foreseeable issues confronting our society it is clear to me that a worse financial implosion will strike before the 2012 presidential election. It may be triggered by a debt ceiling confrontation, the ending of QE2, a pani
TAKE THIS JOB AND SHOVE IT
Published: April 4, 2011
The top 1% takes home 25% of the national income and control 40% of the financial wealth in the country. Their lives have improved considerably. Twenty-five years ago, the ruling elite "earned" 12% of the national income and controlled 33% of the financial wealth. These are the people who control the message. They own the mainstream media. They run the Wall Street banks. They control the Federal Reserve. They write the laws and the tax code. They control the politicians like puppets on a string. An economic system based upon debt and Federal Reserve generated inflation benefits these chosen few, while destroying the middle class of America. We've chosen this path and are destined to experience the same fate as Spain, the Dutch, and Britain.
EXTEND & PRETEND IS WALL STREET'S FRIEND
Published: March 31, 2011
It is amazing that an industry that was effectively insolvent in October 2008 has made such a spectacular miraculous recovery. The truth is recovery is simple when you control the politicians and regulators, and own the organization that prints the money.
LAND OF THE SETTING SUN
Published: March 22, 2011
The great earthquake/tsunami/nuclear meltdown of 2011 will result in more quantitative easing in Japan and the U.S. This will result in even more inflation than we are experiencing today. Once the inflation genie is out of the bottle, the race to the bottom will accelerate. Gold will decide who wins the race. It has been a neck and neck race since 2001. I'm not sure it is a race anyone wants to win. But the destination is certain.
THE GATHERING STORM
Published: March 14, 2011
Many people understand that you cannot solve a debt problem by issuing more debt. They understand that an individual or a country cannot borrow their way to prosperity. The U.S. government is essentially bankrupt and dependent upon Ben Bernanke's printing press to keep up the appearance of solvency.
THERE ARE NO GOOD OUTCOMES
Published: March 5, 2011
There are no good outcomes, only bad, really bad, and catastrophic. Take your pick. Could gas prices drop below $3.00 per gallon if the world sinks back into recession? Yes. But it would only be momentary. The easy to access supply is dwindling. The medium and long term direction of gas at the pump is up. There is nothing that can be done in the next five years to prevent significantly higher oil prices.
GRAPES OF WRATH - 2011
Published: February 14, 2011
. The rich use the 70,000 page IRS tax code to avoid taxes. They use their wealth to buy influence in Washington DC, rigging the game in their favor. The bottom 50% of the population pays no income taxes. The working middle class, with declining real incomes, foot the bill. They are bamboozled into believing they can live like the rich by a financial industry willing to lie, obfuscate and defraud them. Corporate superstar CEOs, fawned over by the corporate media, outsourced their good paying middle class jobs to foreign lands, boosting EPS, their stock price and their mega-million bonuses. This may not look like the 1930s, but it is worse for millions of American working middle class families.
SMOOT- HAWLEY REDUX
Published: February 3, 2011
The Chinese have pegged their currency to the USD since 1995. For a decade, the U.S. was just fine with the peg, as American consumers got cheap goods, American corporations reaped huge profits from outsourcing, and banks raked in billions by lending money to everyone. Now that we have entered the Greater Depression, the finger pointing and accusations have begun.Politicians and the people who elected them want someone to blame for their bad choices. The Chinese are the bogeyman that forced Americans to buy on credit. They forced American corporations to offshore millions of U.S. jobs. If the U.S. had a strong dollar policy, ran surpluses, and lived within its means, the Chinese peg would be meaningless.
AMERICAN EULOGY
Published: January 31, 2011
The American Dream where every person had the opportunity to live a richer and fuller life began to die in 1913. Every generation born in this country had an excellent chance to live a better life than their parents. Relentless progress was the American way. I have three teenage sons. Based on the actions of this country’s ruling oligarchy, I doubt that my sons will live a richer and fuller life than myself. The debts are too extreme, the military overreach too excessive, the looting by the financial class too great, the political corruption too extensive, and the opportunities too few.
THE FOURTH AMERICAN REVOLUTION
Published: January 31, 2011
History offers no guarantees. If America plunges into an era of depression or violence which by then has not lifted, we will likely look back on the 1990s as the decade when we valued all the wrong things and made all the wrong choices.
HOW MANY SENATORS DOES IT TAKE TO SCREW A TAXPAYER?
Published: January 15, 2011
When bipartisanship breaks out in Washington DC, check to make sure your wallet is still in your pocket. Every time you fill up your car this winter you are participating in the biggest taxpayer swindle in history. Forcing consumers to use domestically produced ethanol is one of the single biggest boondoggles ever committed by the corrupt brainless twits in Washington DC. Ethanol prices have soared 30% in the last year as the supplies of corn have plunged. Only a policy created in Washington DC could drive up the prices of gasoline and food, with the added benefits of costing the American taxpayer billions in tax subsidies and killing people in 3rd world countries.
V FOR VENDETTA - 2011
Published: January 10, 2011
Cruelty and injustice, intolerance and oppression, and where once you had the freedom to object, to think and speak as you saw fit, you now have censors and systems of surveillance coercing your conformity and soliciting your submission? How did this happen? Who’s to blame? Well certainly there are those who are more responsible than others, and they will be held accountable, but again, truth be told, if you’re looking for the guilty, you need only look into a mirror.
2011 - THE YEAR OF CATCH-22
Published: January 2, 2011
The United States and its leaders are stuck in their own Catch 22. They need the economy to improve in order to generate jobs, but the economy can only improve if people have jobs. They need the economy to recover in order to improve our deficit situation, but if the economy really recovers long term interest rates will increase, further depressing the housing market and increasing the interest expense burden for the US, therefore increasing the deficit. A recovering economy would result in more production and consumption, which would result in more oil consumption driving the price above $100 per barrel, therefore depressing the economy.
DUDE, WHERE'S MY JOB?
Published: December 29, 2010
The storyline being sold to the American public by the White House and the corporate mainstream media is that the economy is growing, jobs are being created, corporations are generating record profits, consumers are spending and all will be well in 2011. The 2% payroll tax cut, stolen from future generations to be spent in 2011, will jumpstart a sound economic recovery. Joseph Goebbels would be proud.
THE BENNIE THAT STOLE CHRISTMAS
Published: December 20, 2010
Not only was Ben Bernanke complicit in aiding Greenspan in creating the housing bubble by keeping interest rates too low for too long, completely missing a two standard deviation (PhDs love this stuff) price bubble right in front of his eyes, telling Americans that we had a strong housing market, telling Americans that housing price declines would not affect the economy, not regulating or policing the rampant mortgage fraud that was happening under his nose, and aiding and abetting the very criminal banks that created the bubble, but now he has blatantly lied by saying his QE2 $600 billion monetization of our debt is to support the housing market.
WHO'S LYING?
Published: December 14, 2010
I hate to be a wet blanket during this festive holiday season, but the truth is that there is no self sustaining recovery happening. The powers that be, with the help of their lackeys in the mainstream media are desperately trying to convince you that everything is alright. It is not alright. It is getting worse by the day. The only people spending are Lloyd Blankfein and his ilk, while middle class Americans sink further into despair and debt.
BERNANKE IS 100% SURE
Published: December 6, 2010
Mr. Bernanke thinks that the sheeple will just believe him because he is the Federal Reserve Chairman. The truth is that only two things are deflating: middle class wages and home prices. Bernanke certainly has chutzpah when blatantly lying to the American public about inflation. I'm sure none of you drive cars, heat your homes, eat food, or wear clothes.I'm 100% sure that Ben Bernanke will be wrong again. He will ultimately be known as the professor that never saw the collapse of the USD coming.
WILL 2012 BE AS CRITICAL AS 1860?
Published: December 5, 2010
The devastating combination of a currency collapse, oil supply shortages, and the draining war on terror will either unify the country behind the Prophet leader in their effort to save the country or it could result in the country's fabric tearing apart with the Federal government losing control of sections of the country. A World War over dwindling natural resources is easily foreseeable. The actual denouement of events remain a mystery. Much will depend on the leader we choose. Much will depend on the strength, fortitude, and sacrifice of the American people.
LIES ACROSS AMERICA
Published: November 29, 2010
Americans are so committed to their automobiles, hyper-consumerism, oversized McMansions, and suburban sprawl existence that they will never willingly prepare in advance for a future by scaling back, downsizing, or thinking. Our culture is built upon consumption, debt, cheap oil and illusion.
SUICIDE IS PAINLESS
Published: November 2, 2010
It is no coincidence that after Richard Nixon closed the gold window in 1971 and allowed the Federal Reserve to “manage” our economy that total debt outstanding in the US surged from $2 trillion to over $50 trillion. GDP has risen by 1,300% since 1971, while total US debt has risen by 2,600%. Now for the kicker. Real GDP has only gone up by 292% since 1971. This means that 1,000% of the increase in GDP was from Federal Reserve created inflation. Over this same time frame, real wages have declined by 6%, from $318 per week in 1971 to $299 per week today.
DEPRESSION WITHIN THE DEPRESSION
Published: October 24, 2010
Today’s politicians and monetary authorities have learned the wrong lessons from the Great Depression. The result will be a second, Greater Depression and more pain for the middle class. The investment implications of government stimulus programs are further debasement of the currency and ultimately inflation and surging interest rates.
iDepression 2.0
Published: October 20, 2010
Our society took 40 years to dig this hole. It is now so deep, there is no way out. But, look at the bright side. At least we don’t have to watch bread lines stretching down the block when we are watching our 52 inch HDTV, holed up in our 5,000 sq ft McMansions, ignoring the monthly mortgage payment bill, and waiting for our unemployment funds to be direct deposited into our bank accounts. I get all teary thinking about it. This is the iDepression 2.0.
IS AMERICA ON A BURNING PLATFORM?
Published: October 16, 2010
David Walker has presented a case for inter-generational sacrifice. Are today’s generations willing to keep robbing future generations of Americans by being fiscally irresponsible today? Every borrowed dollar spent today is a tax on future generations. Are we selfish enough to leave our children and grandchildren with an un-payable burden so that we can live well today?
A MODEST PROPOSAL
Published: October 11, 2010
The current administration is running annual $1.6 trillion deficits, the Federal Reserve has 0% interest rates and is about to monetize another $1 trillion of debt after already monetizing $2 trillion of debt, Wall Street has been handed $2 trillion of taxpayer money, our National Debt is up from $5.7 trillion in 2000 to $13.5 trillion in 2010, and peak cheap oil is on the verge of shocking our system
CONSUMER DELEVERAGING = COMMERCIAL REAL ESTATE COLLAPSE
Published: October 7, 2010
The facts are that hundreds of billions in commercial loans are coming due, with a peak not being reached until 2013. If banks were to properly account for the true value of these loans, hundreds of regional banks would be forced to fail. This is unacceptable to government authorities. They will insist that the fantasy continue. Banks and real estate developers will pretend to be solvent, hoping the economy will miraculously repair itself and eventually make them whole. I understand these bank CEOs and delusional developers also believe in Santa Claus, the Easter Bunny, and the Efficient Market theory. It seems our entire financial system is based upon debt, fantasy, fraud, and delusion.
10% SAVINGS RATE + CONSUMER SPENDING AT 65% OF GDP = RETAIL DISASTER
Published: September 30, 2010
Same store sales growth is gone. New market growth is gone. It’s time to get real. The upper management of every retailer in America better pull out their little models and plug in declining consumer spending for the next decade. This will reveal the stores that won’t cut it. They will need to close them based on profitability. Will this be done? Absolutely not. The hotshot CEOs will think a better advertising campaign will do the trick. Delusions die slowly.
THE BASTARD CHILD OF THE MOTHER OF ALL BUBBLES
Published: September 24, 2010
A tipping point is reached when the government debt exceeds 90% of GDP. US government debt is currently at 93% of GDP. One year from now it will exceed 100% of GDP. The bastard child of the mother of all bubbles has jumped out a window on the hundredth floor of a NYC mega bank. As he passes the 50th floor, Paul Krugman asks him how is he doing? He says great, SO FAR. We all know what happens next. SPLAT!!!!
THOSE WHO DON'T BUILD MUST BURN
Published: September 20, 2010
There are few builders left, while millions of burners lurk behind every bush. First it will be Korans and Mosques. Then it will be bibles and churches. Then it will be libraries. Eventually it will be your house. America was built by those who cherished liberty, freedom, responsibility, knowledge, and truth. A fog of complacency and malaise settled over America in the last six decades.
WHEN JAPAN COLLAPSES
Published: September 16, 2010
Only a partisan two-bit hack economist/liberal rag columnist from an Ivy League University with a Nobel Prize could look at the following two charts and conclude that the Japanese Government failed to revive the Japanese economy over the last twenty years because they spent far too little on fiscal stimulus. Japanese government debt as a percentage of GDP was 52% in 1989, prior to their real estate and stock market crash. Today it stands at 200% of GDP. Current budget projections show the debt reaching 250% of GDP by 2015.
9/11 - A FOURTH TURNING PERSPECTIVE
Published: September 11, 2010
The Unraveling, which had begun in 1984, had not run its course by September 11, 2001. Turnings generally last for 20 to 25 years. In 2001, we were only 17 years into the Unraveling. The mood of the country had not developed to the point where a consensus could be built to address a national Crisis. We had been attacked, but our very existence as a nation had not been threatened. The 9/11 attacks heightened the feeling of anxiety in the country and put us on the path towards a great Crisis.
RETAILERS - REALITY CHECK TIME
Published: September 9, 2010
There are three major errors that have been committed by every retailer in America. They failed to recognize that the spending per household was 30% over inflated due to debt financed demand. They then extrapolated the spending per household using a 5% to 10% growth rate. Lastly, they ignored the fact that their competitors had the same strategy. There are 1.5 million retail establishments in the US. Thousands of these stores are going out of business every year.Lowes, Wal-Mart, Target, and Kohls have yet to recognize their predicament. They are still blinded by their hubris. The point of recognition will occur within the next year. Each of these retailers will be closing hundreds of underperforming stores in the next two years. Time for a reality check.
THE FOURTH TURNING - SKIES DARKENING
Published: September 1, 2010
Thus might the next Fourth Turning end in apocalypse – or glory. The nation could be ruined, its democracy destroyed, and millions of people scattered or killed. Or America could enter a new golden age, triumphantly applying shared values to improve the human condition. The rhythms of history do not reveal the outcome of the coming Crisis; all they suggest is the timing and dimension.
THE AGE OF MAMMON
Published: August 30, 2010
The disgustingly rich Wall Street wheeler dealers who live in Greenwich CT and NYC and summer in the Hamptons have created nothing. Their immense wealth has been created through draining the economic system of its lifeblood. Their financial innovations have created no lasting benefit for our society. Wall Street knowingly created no documentation (liar loans) mortgage loans, Option ARM loans, and subprime loans. You do not create products that beg for fraud unless you want fraud.
THE GREAT DELEVERAGING LIE
Published: August 26, 2010
The Big Lie will eventually lose out to the grim truth. America’s economy is built on a debt based foundation of sand and the tide of reality is relentlessly eating away at that foundation of debt. Collapse is just a matter of time.
MASS DELUSION - AMERICAN STYLE
Published: August 15, 2010
The American herd has gone mad. A few people have regained their senses, but the vast majority still exhibits the behavior of sheep being led to slaughter. The ruling oligarchs have utter contempt for the average American, but they fear the masses. In order to retain their power and wealth, they gladly hand out two years of unemployment payments, food stamps, and welfare payments to keep the masses sedated. The working middle class foots the bill. Corruption abounds and is sustained by the passage of more laws and regulations.
DEPLOY THE SLIDE
Published: August 11, 2010
Our country is bankrupt. It is economically bankrupt and it is morally bankrupt. We are a train hurtling down the track at 80 mph and just around the bend is a stalled train. It’s as if the train engineer (Obama) has received a radio message that there is a stalled train around ther bend and his solution is to speed up the train to 100 mph. Can’t anyone see the disaster that awaits this country, just around the bend?
THE MOTHER OF ALL BUBBLES
Published: August 9, 2010
The Chinese authorities can hide the truth for a period of time, but the bad debt caused by the Chinese stimulus and malinvested in office buildings, condos, malls, and cities will eventually lead to a monumental collapse in the Chinese real estate market. This will result in a stock market crash and a dramatic slowing in economic growth.
A WEALTHY STIMULUS NEEDED
Published: August 6, 2010
Unless we can stimulate the wealthy to keep spending we are all doomed to a double dip recession. The plight of the wealthy should be at the forefront of anything we do. Since the top 1% wealthiest Americans own 43% of the financial assets in the country, they were particularly hard hit by the stock market crash. These poor souls were quite disillusioned by their losses.
JOHN PAULSON WILL BE WRONG THIS TIME
Published: August 2, 2010
Reversion to the mean cannot be circumvented. It can be delayed, but it will not be denied. The combination of expiring tax credits, the failure of HAMP, the conclusion of the Fed buying dodgy MBS, the growing shadow inventory of foreclosures, Option ARM and Alt-A resets, and rising interest rates will result in a further fall in home prices of at least 20% in the next two years.
THE RULING ELITE CALLED
Published: July 30, 2010
Here is the message from the ruling elite to you ignorant masses: Debt got us into this mess and it sure as hell is going to get us out. They have convinced the mainstream media that the reason the economy is sputtering is because the average Joe is not doing their part. This crazy concept of saving for a rainy day seems to be catching on. This is very dangerous.
PLAN FOR AMERICA
Published: July 23, 2010
“I love the man that can smile in trouble, that can gather strength from distress, and grow brave by reflection. ‘Tis the business of little minds to shrink, but he whose heart is firm, and whose conscience approves his conduct, will pursue his principles unto death.”
WELFARE & WARFARE
Published: July 19, 2010
The real tragedy is that because of the fiscal irresponsibility of politicians and the Boomer generation, future generations of Americans will for the first time in U.S. history have a lower standard of living than their parents. The wealth of the nation has been frittered away by statists and war mongers. The current fiscal path of the country is unsustainable.
TOO SMALL TO MATTER
Published: June 22, 2010
As I watched the documentary GASLAND last night on HBO my blood began to boil. I’m sure my blood pressure went up dramatically during the 1 hour and 40 minute film. After watching our corrupt government decide that the biggest baddest banks on the planet were too big to fail over the last two years and giving my children’s and their children’s money to these behemoth criminal enterprises, I was not surprised to see poor working class Americans treated like dirt by these same corrupt politicians.
LESSONS LEARNED FROM BP DISASTER
Published: June 21, 2010
The unholy alliance of politicians protecting corporations who bribe them and banks that create the debt to finance their promises to the masses, is how this country is run today.
TWO DECADES OF GREED - THE UNRAVELING
Published: June 14, 2010
We are currently in the midst of a Fourth Turning. This twenty year Crisis began during the 2005 – 2008 timeframe with the collapse of the housing bubble and subsequent repercussions on the worldwide financial system. It is progressing as expected, with the financial crisis deepening and leading to tensions across the world. It will eventually morph into military conflict, as all prior Fourth Turnings have.
THE BIG SHORT - HOW WALL STREET SCREWED MAIN STREET
Published: May 11, 2010
Every one has claimed that they were not responsible in any way for the disaster. They blame once in a lifetime circumstances that no one could have anticipated. It was a perfect storm and they had no way of knowing. These Harvard MBA Wall Street geniuses, who collected compensation in excess of $100 million each before the collapse, had no idea what was going on within their own firms. Ignorance and stupidity is no excuse for losing a trillion dollars.
PRINT BABY PRINT
Published: May 11, 2010
Hypothetical telephone conversation between Ben Bernanke and Jean Claude Trichet this past weekend
IS CHINA'S RECOVERY A FRAUD?
Published: May 3, 2010
Combined with a real estate collapse, the Chinese miracle will reveal itself to be another debt-induced fraud. This will be another step towards the Greater Depression. The investment implications are that worldwide stock markets are likely to retest their 2009 lows by the end of 2010. Industrial commodities are likely to plunge. Gold and silver would surely correct in the short term, but as faith in all fiat currencies declines, they will resume their place as a currency that can’t be manipulated or created out of thin air.
NUTS!
Published: April 20, 2010
There are no guarantees that our country will exit this Crisis a stronger nation or even a nation at all. The resolution of this Crisis will be dependent upon the actions of politicians who control the strings of power in Washington DC. If they make foolish, short-term, rash choices, they will endanger the very existence of our country.
SUNDAY BLOODY SUNDAY
Published: April 5, 2010
The intellectually bankrupt MSM, Wall Street fat cats, and corrupt DC politicians are right to fear the Tea Party movement. The mood of the country will not be reversed. The storm will not subside. The existing institutions will fall in the next 10 to 15 years. There will be blood. The Federal government will not voluntarily get smaller. The entitled class will be angry when the spigot of benefits and privileges is shut off.
MAKING SAUSAGE
Published: March 22, 2010
This morning I listened to politicians and clueless TV pundits refer to the process of passing the 2,700 page government takeover of your healthcare as "MAKING SAUSAGE", as if the American people are too stupid to understand what is happening in Washington DC. Making sausage is code for accepting bribes and making threats.
FINAL NAIL IN THE COFFIN
Published: March 22, 2010
This bill just pushes the country one step closer to national bankruptcy. I can not think of a worse thing to do at this point in US history. It almost seems like destiny that these ridiculous decisions are being made during this Crisis period, further exacerbating an already terrible situation.
IT WAS A WONDERFUL LIFE
Published: March 19, 2010
The average family of 2.5 Americans huddles in their 3,500 square foot brick and vinyl castle on ¼ acre of chemical treated land during the week and crosses the drawbridge on the weekends in their $60,000 leased Mercedes SUV chariot to venture out to the jousting matches at the local mall, charging the entertainment on a 4 inch sliver of plastic.
RECESSION, DEPRESSION OR SYSTEMATIC BREAKDOWN
Published: March 5, 2010
Trust in the American financial system and its leaders is dissipating rapidly. At some point in the not-too-distant future, the U.S. Treasury will attempt to sell debt and foreign buyers will boycott the auction. That will mark the point of no return. The unprecedented levels of debt propping up the American Empire cannot withstand higher interest rates. When it collapses under the weight of its massive debt, the dollar will crash and hyperinflation will result.
21st CENTURY BREAKDOWN
Published: February 23, 2010
Thus might the next Fourth Turning end in apocalypse – or glory. The nation could be ruined, its democracy destroyed, and millions of people scattered or killed. Or America could enter a new golden age, triumphantly applying shared values to improve the human condition. The rhythms of history do not reveal the outcome of the coming Crisis; all they suggest is the timing and dimension.
GENERATION ZERO
Published: February 16, 2010
Review of a must see movie. All concerned citizens will rally behind the message.
CHARLIE DON'T SURF
Published: February 9, 2010
The current imperialistic ventures of the U.S. Empire are centered in the Middle East. The rationale for the current occupation of Iraq and Afghanistan, used to sell the American public, is the war on terror. We are making the Middle East safe for Democracy, just like Vietnam. The accurate nature of the conflict revolves around oil, the lifeblood of American suburban sprawl culture.
JOBS OF THE FUTURE
Published: January 27, 2010
Despite the Federal Reserve’s extraordinary printing and the U.S. Government’s extraordinary spending measures during the last twelve months, it looks like the only job categories with growth potential are printing press operator, ditch diggers, ditch fillers, whatever they call the guys handing out trillions in government largesse, Treasury Department comedians tickling Chinese funny bones by saying they favor a strong U.S. dollar and people installing Stimulus signs at highway projects.
FEEDS THE RICH, BURIES THE POOR
Published: January 18, 2010
The result of these lies and secret plans withheld from the American public has been 5,400 dead American soldiers, 46,000 wounded soldiers, $1 trillion in costs to wage the wars, at least 150,000 civilian casualties, and oil prices that have quadrupled since 2001. The blood of all these innocent people is on the hands of those who lied, hid the truth, and committed genocide.
2010 - THE TIPPING POINT
Published: January 5, 2010
With the economy sinking back into recession, the official unemployment rate will exceed 11 percent by late 2010. The true non-government manipulated figure will approach the Great Depression levels of 25 percent. Over 8 million Americans have lost their jobs since 2007. The side effects from this fact will ripple through the country for years. One quarter of all homeowners in the U.S. is underwater in their mortgages.
ROAD TO PERDITION
Published: December 30, 2009
Decade after decade, Americans have voted for intellectually and morally bankrupt dullards that promise them more goodies under the tree. Every day is Christmas in Washington DC. Long-term means the next election cycle to these traitors of the Republic. Our political system is so corrupt and dysfunctional that there is absolutely no chance that our path will be altered at the voting booth.
BRAVE NEW WORLD - 2009
Published: December 12, 2009
We are now at a crucial juncture as the worldwide financial crisis and the sham global warming crisis are being used by the New World Order crowd to confiscate more of our freedoms and liberties. They want to use the scientifically unproven environmental crisis as a way to impose worldwide taxes on sovereign nations and to compel the citizens of the world to honor their green agenda.
ALL YOU ZOMBIES
Published: November 23, 2009
With a National Debt projected to reach $25 trillion by 2019, a government that has promised Boomers $100 trillion more than it can deliver, the end of the cheap oil age, looming resource wars, and nuclear proliferation, it is hard to fathom a happy ending to this Crisis. We appear to be hurtling towards the abyss and no one in charge seems capable of averting disaster.
FOR WHAT IT'S WORTH
Published: November 11, 2009
In 2025 America will be indistinguishable from the America of today. It could be better, worse or non-existent. This is why proclaiming the truth today about how the ruling elite have hijacked America is so important. When civil unrest overtakes the nation there will be many who urge the American people to rally around a dictator or stronger Central Government. The message of the U.S. Constitution, freedom, liberty, and individual rights will compete for the minds and hearts with a message of fascism, State control central planning, and safety at the expense of freedom.
THE NANNY STATE
Published: November 1, 2009
Those who have run up $12 trillion in debt, led us into multiple trillion dollar foreign wars, left our children and grandchildren with a $100 trillion bill for unfunded promises, and have sold their souls to evil banks and corporations, have exercised their powers in a destructive manner.
AMERICAN PIE
Published: October 21, 2009
Rise up and take the power back, it's time that The fat cats had a heart attack, you know that Their time is coming to an end We have to unify and watch our flag ascend
RATS IN A CAGE
Published: October 11, 2009
The $160 billion spent on gambling each year is indicative of the get rich quick without hard work attitude of Americans. Even worse, households with income under $13,000 spend, on average, $645 a year on lottery tickets, about 9 percent of all their income. Our government feeds this addiction by siphoning off billions in taxes from these gambling revenues to redistribute as they see fit. Government sponsored gambling is a regressive tax on the poor and is immoral.
BET ON STUFF
Published: October 5, 2009
The recent bout of low commodity prices and the continuing weakness of the financial system are setting the stage for another, even bigger commodity boom. For a short while, high commodity prices had been drawing capital into commodity production, but that stopped when prices fell. Now, while government bureaucrats are funneling hundreds of billions to weak banks, sick insurance companies, clueless automakers, and the politically well connected, the capital needed for new mines, pipelines, drilling projects, refineries, and crops has dried up.
FOUNDING FATHERS OF OUR NEW COUNTRY
Published: September 28, 2009
The ruling elite, backed by the powerful banking cartel, who control the political reins, the mainstream media, the military industrial complex, and the foreign policy of the United States, have trampled on the U.S. Constitution. They take every opportunity to denigrate its principles, call it an antiquated document meant for a simpler time, and scorn and ridicule those who risked their lives to write this noble governing document.
WISH YOU WERE HERE
Published: September 14, 2009
Is there anyone in Washington DC, besides Ron Paul, who is sincere in action, character, and utterance? Truth is no longer practiced in Washington DC. Political agendas are forced upon American citizens through the exercise of lies, deception, half-truths, and fear tactics.
LIVING IN BEVERLY HILLS
Published: September 8, 2009
Americans, led by the Baby Boom Generation, have been living like spoiled children for thirty years. They have thought like children, with instant self-gratification as their sole aspiration. It is time to put away childish things. Hard times have arrived. There is no easy way out. We have kicked the can down the road for a generation. Tomorrow has arrived.
PEAK WATER
Published: August 27, 2009
Americans seem to have a problem facing up to imminent threats until they hit them like a sledgehammer. This penchant for delay is going to cause much heartache and pain for most Americans. Hoping for a good outcome will not work. Thirty years of delay has set the stage for eventual conflict over resources. Peak oil is the more likely trigger for armed conflict.
THE FEDERAL RESERVE MUST DIE
Published: August 24, 2009
The Federal Reserve in collaboration with the giant banks has created the greatest financial crisis the world has ever seen. The foolish notion that unlimited amounts of money and credit created out of thin air can provide sustainable economic growth has delivered this crisis to us. Instead of economic growth and stable prices, (The Fed) has given us a system of government and finance that now threatens the world financial and political institutions. Pursuing the same policy of excessive spending, debt expansion and monetary inflation can only compound the problems that prevent the required corrections. Doubling the money supply didn’t work, quadrupling it won’t work either. Buying up the bad debt of privileged institutions and dumping worthless assets on the American people is morally wrong and economically futile.
FAST TIMES AT AMERICAN HIGH
Published: August 12, 2009
The American people’s ignorance, stupidity, and disinterest in the governance of this nation have allowed an oligopoly of politicians, bankers, and powerful corporations to seize control of the country and loot its riches for their personal gain. By failing to educate themselves, millions of ignorant Americans have lost all of their power and are now dictated to by the few with knowledge. The elite who dictate the path of our country do not want the masses to become educated. Their power would be in jeopardy. The American public school system insures the retention of their power and wealth.
DECLINE AND FALL OF THE AMERICAN EMPIRE
Published: July 30, 2009
After ruling much of the known world for centuries, Rome fell due to a number of factors that, historians believe, would not have been fatal in isolation, but that proved terminal in combination. Military overspending and overreach, an untenable economic system, and currency debasement all played a role.
ANIMAL FARM - 2009
Published: July 25, 2009
The American people are like sheep being led to slaughter. Our Founding Fathers declared that the common people were in control. Whenever any form of government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government. The time has come to abolish the corrupt system and institute a new Government.
BOOMERS - WINTER IS COMING
Published: July 13, 2009
Thus might the next Fourth Turning end in apocalypse – or glory. The nation could be ruined, its democracy destroyed, and millions of people scattered or killed. Or America could enter a new golden age, triumphantly applying shared values to improve the human condition. The rhythms of history do not reveal the outcome of the coming Crisis; all they suggest is the timing and dimension.
KNOW YOUR ENEMY
Published: April 21, 2009
Based on historical patterns, America will hit a once-in-a-century national crisis within the decade...'like winter,' the crisis or 'fourth turning' cannot be averted. It will last 20 years or so and bring hardship and upheavals similar to previous fourth turnings, such as the American Revolution, the Civil War, the Great Depression and World War II.
$200 OIL
Published: April 7, 2009
When oil prices collapsed from $147 a barrel in the summer of 2008 to $35 a barrel in January, American drivers, Congress, government bureaucrats, and the mainstream media refocused on other more pressing issues like executive bonuses, Michele Obama’s wardrobe, and the tax law knowledge of Obama’s cabinet.
WAR PIGS - COST OF A GLOBAL EMPIRE
Published: March 31, 2009
Any doubt that the Military Industrial Complex is as strong as ever should be removed after examining Obama’s 2010 budget just put forth. It calls for 26% more in spending on Defense than President Bush spent in 2006. The Soviet Union collapsed in 1989, leaving the United States as the only remaining superpower on earth. Since 1990, the United States has depleted the U.S. Treasury of $7 trillion for spending on Defense.
WHEN AMERICA RULED THE WORLD
Published: March 24, 2009
America has squandered the human sacrifice, blood, sweat and tears of two generations in less than seventy years. We have been an independent country for 226 years. From 1783 until 1946 was an unrelenting upward trajectory for the beacon of the free world. With the end of World War II, America was the last country standing.
THE POTHOLE - HOLY COW!!!
Published: March 19, 2009
The American people are at a crossroads. It’s our lives, not the governments. The country is headed on a path toward government running everything in our lives. Now is the time to stand tall. Barack Obama, Ben Bernanke, and Nancy Pelosi can not make us spend money we don’t have. We can force the painful restructuring of our economy on our politician leaders. They can stimulate, print, and urge you to spend, but we don’t have to listen. We can throw them out of office in 2012.
GRAND ILLUSION - THE FEDERAL RESERVE
Published: March 10, 2009
The whole world is in a state of complete confusion. Americans are coming to the realization that their lives have been a grand illusion. You thought your neighbors had it made. They were driving a Mercedes, spent $40,000 on a new kitchen with granite countertops and stainless steel appliances, sent their kids to private school, had a second home at the shore, and took exotic vacations all over the world. Now their house is in foreclosure and you are paying to bail them out.
THE BURNING PLATFORM
Published: February 19, 2009
The US government is on a burning platform of unsustainable policies andpractices with fiscal deficits, chronic healthcare underfunding, immigration andoverseas military commitments threatening a crisis if action is not taken soon.
BOOMERS - YOUR CRISIS HAS ARRIVED
Published: February 11, 2009
Their rendezvous with destiny is underway. Will it be a rendezvous with history that results in World War III, the collapse of the Great American Republic, dictatorship, or a return to the original Constitutional principles upon which this country was founded?
TURNING JAPANESE - THE AUDACITY OF REALITY
Published: January 30, 2009
Deflation is fatal to a debt ridden society. There will be many more stimulus packages after this one fails. Eventually, we will reach a tipping point where too much debt will result in a hyperinflationary crash. It may be in two years or ten years. I don’t know. Ben Bernanke, Timothy Geithner, and Barack Obama also don’t know. It will catch us all off-guard, just like the current crisis caught them off-guard. Turning Japanese would be a best case scenario for the U.S.
GHOST MALLS - COMING TO YOUR TOWN
Published: January 20, 2009
As you drive around today, you notice more and more For Lease signs on vacant retail buildings. Strip malls, inhabited by mom and pop stores, karate studios, pizza joints, and video stores have felt the initial onslaught of consumer deleveraging. As the pace of retailer collapse accelerates in 2009, larger malls will begin to go dark. Once bustling centers of conspicuous consumption and material decadence, built upon a foundation of consumer debt, will become ghost malls.
ORWELL'S 2009 - BIG BROTHER IS WATCHING
Published: January 17, 2009
All political thinking for years past has been vitiated in the same way. People can foresee the future only when it coincides with their own wishes, and the most grossly obvious facts can be ignored when they are unwelcome. Political language... is designed to make lies sound truthful and murder respectable, and to give an appearance of solidity to pure wind.
Unintended Consequences - 2009 & Beyond
Published: January 5, 2009
The law of unintended consequences is what happens when a simple system tries to regulate a complex system. The political system is simple. It operates with limited information (rational ignorance), short time horizons, low feedback, and poor and misaligned incentives.
WWRPD - What Would Ron Paul Do? Abolish The Federal Reserve.
Published: December 25, 2008
Abolishing the Federal Reserve will allow Congress to reassert its constitutional authority over monetary policy. Though the Federal Reserve policy harms the average American, it benefits those in a position to take advantage of the cycles in monetary policy. The main beneficiaries are those who receive access to artificially inflated money and/or credit before the inflationary effects of the policy impact the entire economy. Federal Reserve policies also benefit big spending politicians who use the inflated currency created by the Fed to hide the true costs of the welfare-warfare state.
An American Tragedy
Published: December 16, 2008
If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State.
HAS AMERICA JUMPED THE SHARK?
Published: December 9, 2008
America has given indications that it has reached its peak and is on a downward slope. The U.S. government has taken measures in the last 11 months that appear to be a desperate attempt to keep our dysfunctional corrupt financial system propped up.
Turkeys Can't Fly
Published: November 24, 2008
Government is not the solution. It is the problem. Corporate Fascism is ruining our country and threatening to bring down our Great Republic. It is time to take a stand.
COULD GE COLLAPSE?
Published: November 18, 2008
GE is a bank disguised as an industrial company. Based on recent actions, they are a company in deep trouble. If they were to collapse, it would require the mother of all bailouts.
Solutions for President Obama
Published: November 10, 2008
President Elect Obama has a lot of problems to deal with. If he listens to the left wing nuts of the Democratic Party, we will collapse our system. I propose some solutions to his problems
WWRPD - What Would Ron Paul Do? Tell The Truth
Published: October 31, 2008
The Baby Boom Generation is responsible for the terrible fiscal crisis we find ourselves in. Their selfish debt financed lifestyle has bankrupted our country. They are truly the shallowest generation.
WWRPS: What Would Ron Paul Say? It Isn't Safe
Published: October 13, 2008
The market has fallen 40% in the last year. Ron Paul has been warning that government control of our financial system would result in disaster. He was right. The future looks bleak, as our civil liberties are eroded further.
WWRPD - What Would Ron Paul Do? Prepare for a Depression
Published: October 6, 2008
The current worldwide financial collapse has its roots in decisions made by Alan Greenspan, George Bush and Congress. The parallels to the period before the Great Depression are eerie.
WWRPD - What Would Ron Paul Do? Vote NO BAILOUT
Published: September 26, 2008
President Bush and Democratic Congressmen are trying to ram a $700 billion bank bailout bill through Congress. Ron Paul has taken a stand and says NO BAILOUT!!! Join the fight.
WWRPD - What Would Ron Paul Do? Save The Country
Published: September 22, 2008
The meltdown of the worldwide financial system was caused by greedy criminal billionaire bankers in collusion with our own Government. Ron Paul predicted the collapse in September 2003. No one listened.
1-800-BAILOUT
Published: September 15, 2008
Call Hank Paulson at 1-800-BAILOUT if you are having trouble making your mortgage payments, car payments, or credit card payments. He's there for you.
WWRPD - What Would Ron Paul Do? Vote 3rd Party
Published: September 14, 2008
Ron Paul continues The Campaign For Liberty with his eloquent request for all Americans to be heard by voting for a 3rd party candidate. It is time to send the entrenched ruling elite a strong message.
LIES, LIES, & MORE LIES
Published: September 9, 2008
September 7, 2008 is the day our country turned Socialist. We are capitalists when our fat cat CEO's are getting rich. We are socialists when their reckless bets go bad. Catastrophe is in our future.
WWRPD - What Would Ron Paul Do?
Published: August 22, 2008
A looming financial catastrophe is on the horizon. Our only hope is to turn to the wisdom of Ron Paul and David Walker and take back our country from the entrenched ruling elite in Washington and Corporate America.
The Great Consumer Crash of 2009
Published: August 14, 2008
The coming recession will change the landscape of America for years to come. If the change is allowed to progress as it should in a capitalistic society we will be in a better place. If the government intervenes and tries to reverse the natural process, disaster could ensue
IS THE U.S. BANKING SYSTEM SAFE?
Published: August 1, 2008
Henry Paulson & Ben Bernanke are telling you that the banking system is sound. They are lying. These are the same men who never saw the crisis coming. You can be sure they are not sleeping well at night.
DELUSIONS OF DEBT - THE RON PAUL SOLUTION
Published: July 25, 2008
Our country is in the midst of a financial crisis of epic proportions. The "Mother of all Bailout" bills will cost you at least $300 billion. Only Ron Paul seems to have the common sense solution to our debt problem.
Corporate Fraud + Government Intervention = Bailout Nation
Published: July 18, 2008
While our politicians fiddle, Rome burns. Our financial institutions and their CEO's have committed a massive fraud on the American public. Now our government is using our taxes to bailout these criminals. Ron Paul is the voice of reason.
Government Deception - Ron Paul, the only one telling the Truth
Published: June 26, 2008
Our Country is in the midst of the greatest fiscal crisis in history. Meanwhile, our government manipulates economic data to convince the public that everthing is fine. Ron Paul is the only voice of reason and truth regarding our dire situation.
Ron Paul & Dwight D. Eisenhower - True Patriots
Published: June 17, 2008
The Military Industrial Complex is more powerful, 48 years after Dwight D. Eisenhower warned us of the implications of giving them too much power.
Wake Up America!!!
Published: June 10, 2008
The policies of the U.S. government will bankrupt our great country. We need to follow Ron Paul & David Walker's advice and change course before it is too late.
The Appeasement Fallacy
Published: June 8, 2008
Why the United States went to war due to the manipulation of facts by the Neo-cons in the Bush administration. Only a few brave Americans like Ron Paul and John Hussman called them out before the invasion.
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