I originally placed this video of economic statistics in the sidebar at the bottom of the page until I could watch it in it’s entirety. I now feel that it is the primer for the newly awakened who are still trying to get past their normalcy bias and decide who to believe; namely rational Americans who understand what has been going on or the government (more…)
For those readers that still may not understand the manipulations that are occurring in the markets, precious metals, and commodities, Mike Maloney (best selling author on investing in precious metals) has done complete presentations of what is occurring (incuding facts and hard data) and what is likely to happen to fiat currencies around the world and the precious metals markets according to economic cycles and debt. I urge my readers to take the time to educate yourselves about our devalued fiat currency, and continue to buy as much silver as you can afford. The two-fer on this deal is that J.P. Morgan is going to take a significant hit if enough actual silver is residing in the hands of the middle class. (more…)
Wakey, Wakey, America. Judge Napolitano gave a very easy to understand explanation today of the trick the ‘big government‘ party just played on the American public with the debt deal and why events such as the credit downgrade and market fluctuations are occurring. This information is intended for those newly awakened Americans who are just starting to realize that our debt is unsustainable and need to understand why. Regular Monster readers can feel free to send this viral, and please make sure to let them know that our debt is our greatest national security threat.
Talk about a ‘deficit of trust’; the DOW drops almost 513 points and everybody is wondering what is causing the market selloff. I humbly propose a theory; Americans are just done with politicians that have shown they have no clue, no desire, and no sense of urgency to actually fix the economy when the proper tools exist. Everybody is just freakin’ tired of watching their savings evaporate, losing their jobs and homes, watching food and gas prices go through the roof, and politicians going on vacation after sinking us almost $3 TRILLION more into debt. They have finally caught up with tea party patriots and stopped denying that you just can’t fix stupid. Americans are taking their cash, stuffing the mattress, buying gold and guns….and waiting for someone with half a freakin’ clue to show up with the gravitas to herd the congressional sheep in the proper direction. We are going to wait this government out with a economic revolution. (more…)
Here is the latest from Gerald Celente on 4.21.2011 about the dumbing down of America, the electronic trillions being dumped into the economy, the price of gold, the economic fascism that has occurred, the dollar devaluation, our current economic depression and how to prepare and survive the globalists’ destruction of our way of life.
Gerald Celente: Prepare, Survive and Prevail – Alex Jones Tv 1/2
Gerald Celente: Prepare, Survive and Prevail – Alex Jones Tv 2/2
Alex Jones interviews former Goldman Sachs managing director Nomi Prins about the pillaging of the average American by the Federal Reserve and the big banks that has occurred in the effort to prop up the big banks. They cover S&P’s warning about America’s debt, the Obama administration trying to stop the warning from being issued, and what is coming down the road for us. (See Nomi’s bio below.)
I call it financial homicide by the banks, and Geithner is sortof the accomplice because he, under him, the Treasury Dept. increased the Treasury debt by $4 trillion dollars. So for him to come around and say, ‘oh, by the way, if you, Congress, don’t increase the debt cap by, whatever amount, whether it’s a penny or a trillion, it doesn’t matter, the idea is that if we don’t incur more debt, our debt will become less worthy, which is just a.) not logical, and b.) how Geithner has operated thru the bailouts and since he’s been Treasury Secretary, which is to continue to deny that much of the debt problem, most of the debt problem, arguably all of the debt problem, has happened because of this imparting of debt to bailout Wall Street, to subsidize the financial system, to go back and forth between the Fed who buys the debt, the Treasury increases the debt, the Fed buys the debt, and has this sorta back and forth ball going between them which only decreases our value as a nation. Our entire book, our balance sheet as a nation, and the Fed will continue to do this. We know that when June comes along, the Fed is going to go from QE 2 to QE whatever, they might call it something else; they will find ways to continue to throw this ball back and forth.
Nomi Prins, Former Goldman Sachs Managing Director: Bankster Collusion and Bailouts
Alex welcomes back to the show author and journalist Nomi Prins, who will talk about the economy, the seismic debt increase and Treasury Secretary and former Federal Reserve honcho Tim Geithner. Before becoming a journalist, Nomi worked on Wall Street as a managing director at Goldman Sachs, and running the international analytics group at Bear Stearns in London. Her latest book is It Takes a Pillage: Behind the Bonuses, Bailouts, and Backroom Deals from Washington to Wall Street.
Hannity hosts an entire hour program with Frank Luntz and one of his famous focus groups. According to Mr. Luntz, for years, the politicians ‘only faced the tough questions of the media; today the politicians are going to face the tough questions from the American people.” Frank starts out this focus group speaking about Paul Ryan and asking the audience how they would describe the national debt. My description would be: “the second greatest threat to our national security after Barack Obama’s hidden past.”
One has to love Matt’s captions for his images and links, and I guess the tea party folks weren’t explicit enough for somebody as mentally bankrupt as an international public servant that blames TurboTax for his inability to pay his taxes.
Allow me to spell it out.
STOP SPENDING MONEY MEANS STOP BORROWING!
Our debt is now the second greatest threat to the security of the nation after Barack Obama’s hidden past (can you say blackmail?)
We have been telling these ass-clowns since before Bush bailed out his buddies in the financial sector in September 2008…
Wed Apr 13, 2011 6:55pm EDT
(Reuters) – Treasury Secretary Timothy Geithner said on Wednesday that Congress will allow the country to borrow more by agreeing to increase the $14.3 trillion debt limit.
“Congress will pass an increase in the debt limit,” Geithner told PBS Newshour.
Republicans have said they are unwilling to raise the debt ceiling without some reforms to the government spending.
Geithner said there were some lawmakers who want to take debt ceiling negotiations “to the brink” and warned that the United States could not take that risk.
“So you want Congress to move as quickly as possible to raise that, and of course, they recognize that they have to do that,” he said.
Treasury has forecast that the limit will be reached by May 16. After that point, Treasury can take emergency measures to avoid hitting the debt ceiling. But those actions will only give the United States about a two-month window before Treasury is unable to issue debt to fund government operations. (Reporting by Glenn Somerville and Rachelle Younglai; Editing by Jan Paschal)