Paul Craig Roberts

Infowars.com

May 24, 2011

The culture of the United States is said to be a youth culture, which is defined in terms of entertainment: sex, rock music or its current equivalent, violent video games, sports, and TV reality shows. This culture has transformed the country and appears on the verge of transforming the rest of the world. There are even indications that secularized Arab and Iranian youth can’t wait to be liberated and to partake…

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This guy doesn't know when to quit:

NEW YORK (AP) -- Treasury Secretary Timothy Geithner said Tuesday that if Republicans insist on passage of their budget plan as a condition for approving an increase in the nation's borrowing limit, they will be responsible for the consequences.

Speaking to a New York audience, Geithner said that Republicans would bear responsibility for the first debt default in the nation's history if they insist…

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By Vi Ransel



Even as the overall population of the world continues to increase, the increase in the number of poor people outstrips that growth.  How is this possible?  Are the poor simply fucking like rabbits, increasing their numbers geometrically in a suicidal, lemming-like production line of…

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If you know someone that believes that the U.S. economy is in great shape, just show that person the following statistics. But please don't show these statistics to anyone that is feeling depressed or that has just lost a job - it might push such a person over the edge. The sad truth is that the U.S. economy is in the midst of a long-term decline and it is coming apart at the seams. Right now the Obama administration and… Continue

If you are not aware of how rapidly the global economic situation is unraveling you need to snap out of it and start paying attention. The world economy was relatively stable in 2010, but here in 2011 things are deteriorating very quickly. Right now there is major civil unrest in at least a dozen different nations in Africa and the Middle East. The civil war going on in Libya has sent the price of oil skyrocketing and the… Continue

http://saladin-avoiceinthewilderness.blogspot.com/2011/03/true-prices-measured-in-gold.html

 

The US Dollar traded in London at 21.67 mg on Tuesday afternoon, setting a new all-time low. Since the US Dollar was created by congress in 1790, with a value of 1600 mg of gold, it has lost 98.6% of its original purchasing power, leaving only 1.4% between here and…

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It is not just the United States that is headed for an economic collapse.  The truth is that the entire world is heading for a massive economic meltdown and the people of earth need to be warned about the coming economic disaster that is going to sweep the globe.  The current world financial system is based on debt, and there are alarming signs that the gigantic global debt bubble is getting ready to burst.  In addition, global prices for the key resources that the major economies of the…

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We believe wholeheartedly in the framework of Constitutional Law, and that no government or supranational entity has the right to overstep Constitutional boundaries for any reason, regardless of supposed intentions or mandates. We do not recognize the self proclaimed authority of corporately created and managed entities such as the Federal Reserve, the IMF, or the World Bank. We are fully opposed to the practice of fractional reserve banking, fiat currency, central banking, and other fraudulent… Continue

FIRE SALE PRICES COMING UP, FOLKS AND WHO ARE THE BUYERS HERE?



In 2008, Nouriel Roubini saw 12 steps in the then gathering storm he called the “meltdown of the American economy” which would lead to a 'fire sale' of working and middle class assets.

First, your money is stolen through usurious debt, then your money is used to buy the foreclosed properties you once 'owned'.

Properties that that money was going to pay off.



ROUBINI'S TWELVE STEPS TO… Continue

Okay, I thought I had heard all the retarded, Idiotic, stupid, dumb-ass, lunacy verbal diarrhea. But this pretty much takes the bate, "Currency Collapse May Stimulate the Economy". And the Explanations for how such an impossible scenario would play out, almost makes the title of the article some what of a 'sane statement'. This is by far, one of the worst performances of gov-speak/double-speak in quite a long time, and a long line of continuous spin in the media and other places of society. On… Continue

What is the Digital Economy Act?

The Digital Economy Act is a newly passed piece of British legislation that is meant to protect copyright online and increase regulation and control of the way people use the Internet.

How did it happen?

• The entertainment industry is refusing to adapt to new models, clinging to obsolete 20th Century thinking.
• The Bill was drafted by unelected officials after lobbying from the entertainment…

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I've never really been the type to just copy and paste someone elses material, but with this one I made an exception. This is by far the best article I've ever read concerning the people of our country, and indeed the world. I've only included the first 3 parts here, as we must limit our blog posts to…

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So far, Ron Paul has once again hit it out of the park on his points, resolutions, ideologies



and understandings of the topic he's addressing. In End the Fed Ron Paul goes into explaining



how it is not only fiscally responsible, but is also a wise choice for one to understand



money; it's value, where it comes from, how it's created and who is responsible for it. Those



who are stuck on the idea that "money sucks" or that "money is the problem", are… Continue

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Daryl Bradford Smith sits down with veteran researcher Muhammed Rafeeg and Ognir from the Information Underground on the issues of the day. Such topics include the swine flu fraud, Barack Obama and the birth certificate… Continue

WASHINGTON -- The economy shrank at a 3.8 percent pace at the end of 2008, the worst showing in a quarter-century, as the deepening recession forced consumers and businesses to throttle back spending.



Although the initial result was better than economists expected, the figure is likely to be revised even lower in the months ahead and some believe the economy is contracting in the… Continue