Alex covers DHS’ new pat-down rules for football games, the international bankers and the economic collapse happening all around us, and the polls that conclude that the American people just don’t believe the government anymore about almost everything. Alex also interviews Dr. Sherri Tenpenny about forced innoculation of vaccines, the negative side effects of vaccines, and especially the H1N1 flu vaccine. (more…)
Bob Chapman, 6.17.2011: Greece, Depression, Global Government, And Telling The Bankers To Take A Hike
Bob Chapman on the Alex Jones show, 6.17.2011, speaking about the coming collapse due to Europe’s ‘Lehman’ moment with the economic turmoil that Greece’s economy is creating in the eurozone, how Goldman Sachs and JP Morgan Chase have been going in and out of Greece bidding for infrastructure, and how the Bilderbergers are now on the run after the protests in St Moritz last week. (more…)
Gerald Celente (completely wound up) on the Jeff Rense show, 6.15.2011, speaking about the latest ‘Trend Alert’ they have issued: “Collapse, Are You Ready? It’s Coming”. Mr. Celente speaks about the 48% of the population that thinks we are trending toward the depression we are already in, how we have lost our self respect, how the police aren’t there to protect us, and how we better be ready to fight to make it through what is coming. Mr. Rense also plays a George Carlin clip (starting at 13:30) explaining why our country is so screwed up and why it won’t ever be fixed; you guessed it; we are all corporate owned moos being bled dry… (more…)
If you add up all forms of debt (government debt, business debt, individual debt), it comes to approximately 360 percent of GDP. It is the biggest debt bubble in the history of the world. – Economic Collapse
For those that might actually be swallowing the lie that the economy is recovering, the Economic Collapse once again nails the unmitigated and devastating math right to the wall. Pay attention to items #13 and #14 and the commentary that follows. How’s your food storage coming along?
14 Eye Opening Statistics Which Reveal Just How Dramatically The U.S. Economy Has Collapsed Since 2007
Most Americans have become so accustomed to the “new normal” of continual economic decline that they don’t even remember how good things were just a few short years ago. Back in 2007, unemployment was very low, good jobs were much easier to get, far fewer Americans were living in poverty or enrolled in welfare programs and government finances were in much better shape. Of course most of this prosperity was fueled by massive amounts of debt, but at least times were better. Unfortunately, things have really deteriorated over the last several years. Since 2007, unemployment has skyrocketed, foreclosures have set new all-time records, personal bankruptcies have soared and U.S. government debt has gotten completely and totally out of control. Poll after poll has shown that Americans are now far less optimistic about the future than they were in 2007. It is almost as if the past few years have literally sucked the hope out of millions upon millions of Americans.
Sadly, our economic situation is continually getting worse. Every month the United States loses more factories. Every month the United States loses more jobs. Every month the collective wealth of U.S. citizens continues to decline. Every month the federal government goes into even more debt. Every month state and local governments go into even more debt.
Unfortunately, things are going to get even worse in the years ahead. Right now we look back on 2005, 2006 and 2007 as “good times”, but in a few years we will look back on 2010 and 2011 as “good times”.
We are in the midst of a long-term economic decline, and the very bad economic choices that we have been making as a nation for decades are now starting to really catch up with us.
So as horrible as you may think that things are now, just keep in mind that things are going to continue to deteriorate in the years ahead.
But for the moment, let us remember how far we have fallen over the past few years. The following are 14 eye opening statistics which reveal just how dramatically the U.S. economy has collapsed since 2007….
#1 In November 2007, the official U.S. unemployment rate was just 4.7 percent. Today, the official U.S. unemployment rate is 9.4 percent.
#2 In November 2007, 18.8% of unemployed Americans had been out of work for 27 weeks or longer. Today that percentage is up to 41.9%.
#3 As 2007 began, there were just over 1 million Americans that had been unemployed for half a year or longer. Today, there are over 6 million Americans that have been unemployed for half a year or longer.
#4 Nearly 10 million Americans now receive unemployment insurance, which is almost four times as many as were receiving it back in 2007.
#5 More than half of the U.S. labor force (55 percent) has “suffered a spell of unemployment, a cut in pay, a reduction in hours or have become involuntary part-time workers” since the “recession” began in December 2007.
#6 According to one analysis, the United States has lost a total of approximately 10.5 million jobs since 2007.
#7 As 2007 began, only 26 million Americans were on food stamps. Today, an all-time record of 43.2 million Americans are enrolled in the food stamp program.
#8 In 2007, the U.S. government held a total of $725 billion in mortgage debt. As of the middle of 2010, the U.S. government held a total of $5.148 trillion in mortgage debt.
#9 In the year prior to the “official” beginning of the most recent recession in 2007, the IRS filed just 684,000 tax liens against U.S. taxpayers. During 2010, the IRS filed over a million tax liens against U.S. taxpayers.
#10 From the year 2000 through the year 2007, there were 27 bank failures in the United States. From 2008 through 2010, there were 314 bank failures in the United States.
#11 According to the U.S. Department of Housing and Urban Development, the number of U.S. families with children living in homeless shelters increased from 131,000 to 170,000 between 2007 and 2009.
#12 In 2007, one poll found that 43 percent of Americans were living “paycheck to paycheck”. Sadly, according to a survey released very close to the end of 2010, approximately 55 percent of all Americans are now living paycheck to paycheck.
#13 In 2007, the “official” federal budget deficit was just 161 billion dollars. In 2010, the “official” federal budget deficit was approximately 1.3 trillion dollars.
#14 As 2007 began, the U.S. national debt was just under 8.7 trillion dollars. Today, the U.S. national debt has just surpassed 14 trillion dollars and it continues to soar into the stratosphere.
So is there any hope that we can turn all of this around?
Unfortunately, the massive amount of debt that we have piled up as a society over the last several decades has made that impossible.
If you add up all forms of debt (government debt, business debt, individual debt), it comes to approximately 360 percent of GDP. It is the biggest debt bubble in the history of the world.
If the federal government and our state governments stop borrowing and spending so much money, our economy would collapse. But if they keep borrowing and spending so much money they will continually make the eventual economic collapse even worse.
We are in the terminal stages of the most horrific debt spiral the world has ever seen, and when the debt spiral gets stopped the house of cards is going to finally come down for good.
So enjoy these times while you still have them. Yes, today is not nearly as prosperous as 2007 was, but today is most definitely a whole lot better than 2015 or 2020 is going to be.
Sadly, we could have avoided this financial disaster completely if only we had listened more carefully to those that founded this nation. Once upon a time, Thomas Jefferson said the following….
I wish it were possible to obtain a single amendment to our Constitution. I would be willing to depend on that alone for the reduction of the administration of our government to the genuine principles of its Constitution; I mean an additional article, taking from the federal government the power of borrowing.
Economic history lessons of the US with depressions that were averted. In 1946, the Republicans ran on the phrase, “Had Enough Yet?” and took control of congress. You may not be saying that phrase yet, but you will…
Mr. Trump saw the episode on ’60 Minutes’ last evening, and was embarrassed for our country. The fact that they have allowed other countries to basically steal our jobs and to create issues in Newton, Iowa. -Michael Cohen, Exec. VP and Special Consultant to Donald Trump
This past Sunday evening, ’60 Minutes’ covered the story of Newton, Iowa, Maytag’s move to Mexico, the rapidly shrinking economy in this beautiful little town, and the effect it is having on the residents.
At one point, Scott Pelley is doing a mini-townhall with a group of Newtonites who speak about nothing getting done in Washington and the Iowa State House because everybody is fighting over ‘social issues’ and not working on what is important; the economy and jobs. I have said over and over again that ‘social issues’ like abortion and gay marriage absolutely, positively have to take a backseat until we get our fiscal house in order, OR we won’t have the luxury of fighting about abortion while we are all starving. The asshats in the District of Criminals and globally want YOU FIGHTING over social issues and not paying attention to the purposeful destruction of wealth and jobs in America.
After you finish watching the sadness that follows, take the time to watch the Catherine Austin Fitts interview about the intentional ‘Looting of America’ which will explain how this happened to us and who is responsible.
Mr. Celente covers the trends that he has been speaking about for years with a new twist; ‘a time release plague’. Alex, of course, asks him to be more specific and he talks about the obesity problem in our country, how it happened, the poisoned food we have been eating and how it is going to be taking a toll on our population as the economic pressure increases. He believes that we are going to be seeing a ‘thinning of the herd’, and the 20% of the population that are independent thinkers, not followers, are going to start leading the way.
“So, as its going down, you don’t have to go down with it. As its going down, see where gold is going. Think 100 times before you get sucked into buying another piece of real estate. Break the chains from those chain stores. If enough people stop going to Walmart,…stop going to Target, stop eating McDonalds. Guess what? They collapse. You know why? Because they are working on margins, and the only way those margins grow is by them expanding…. 20% of the people in this country can break those chains.”
Gerald Celente of Trends Research being interviewed by George Noory on Coast To Coast AM (8.10.2010) about the upcoming war that Obama needs to lift America out of
depression economic decline. Considering Russia is about to load Iran’s Bushehr station on 8.21.2010, Mr. Celente is much closer to the truth than TPTB would like you to realize. As a close friend of mine stated earlier today about the iranian nuclear threat, “start praying to whatever higher power you believe in…”. This would be one of the reasons I am worried we won’t make it to November to flush the vermin out of our capitol.
Part 2, Property Taxes and Depression:
Amb. John Bolton on Russia helping Iran to establish a “functioning nuclear reactor”:
(Editor’s Note: In the early 1980’s, I read a book about the coming second great depression, and have lived to see it come true.)
Glenn covers the predictions that he has made and how many have come true in the last few years. Glenn continues to be accused of fearmongering, but many of us already knew what was going on before Beck hit Fox. Also, he shows this graphic of how TPTB are continuing to follow the agenda of the 1930’s progressives leading us into another depression – allowing for ‘global governance’. This graphic is the comparison of our current economy (blue) to the tracking of our economy during the 1930’s (yellow); they are awfully similar. The progressives in charge are not this stupid. Applying Occam’s razor that the simplest answer is probably the correct one – is it possible they are doing it on purpose?