Tag Archive: Economic collapse


Federal Reserve Issues Warning, Bank Drills, Possible False Flag

 

NMDrill

 

” Either the new Federal Reserve Chairman Janet Yellen is a prepper, or there is something afoot in the world of banking. If she is a prepper, I missed any indication of that in her background. Bankers typically talk in terms of contingency plans and liquidation programs, not prepping for disasters.

  In January of this year, Supervisory Regulation (SR) 14-01 was issued in regarding the need for bank preparedness particularly for the eight bank holding companies (BHCs) in the United States. According to the memo, there are eight Bank Holding Companies that appear to be at risk and that risk threatens the financial stability of the United States. These eight companies are Bank of America Corporation, Bank of New York Mellon Corporation, PLC, Citigroup Inc., Goldman Sachs Group, Inc., JPMorgan Chase & Co., Morgan Stanley, State Street Corporation, and Wells Fargo & Company.”

 

Story continues

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Wall Street Adviser: Actual Unemployment Is 37.2%, ‘Misery Index’ Worst In 40 Years

 

 

 

 

 

” Don’t believe the happy talk coming out of the White House, Federal Reserve and Treasury Department when it comes to the real unemployment rate and the true “Misery Index.” Because, according to an influential Wall Street advisor, the figures are a fraud.

  In a memo to clients provided to Secrets, David John Marotta calculates the actual unemployment rate of those not working at a sky-high 37.2 percent, not the 6.7 percent advertised by the Fed, and the Misery Index at over 14, not the 8 claimed by the government.

  Marotta, who recently advised those worried about an imploding economy to get a gun, said that the government isn’t being honest in how it calculates those out of the workforce or inflation, the two numbers used to get the Misery Index figure.

“ The unemployment rate only describes people who are currently working or looking for work,” he said. That leaves out a ton more.

Unemployment in its truest definition, meaning the portion of people who do not have any job, is 37.2 percent.

 

You can see Marotta’s website here as well as other articles he has written here .

 

 

 

 

 

 

 

IS THERE A WAY OUT?

 

” According to a recent Fox News poll, 73 percent of Americans are dissatisfied with the direction of the country, up 20 points from 2012. Americans sense that there’s a lot going wrong in our nation, but most don’t have a clue about the true nature of our problem. If they had a clue, most would have little stomach for what would be necessary to arrest our national decline. Let’s look at it.

Between two-thirds and three-quarters of federal spending, in contravention of the U.S. Constitution, can be described as Congress taking the earnings or property of one American to give to another, to whom it does not belong. You say, “Williams, what do you mean?” Congress has no resources of its very own. Moreover, there’s no Santa Claus or tooth fairy who gives it resources. The fact that Congress has no resources of its very own forces us to recognize that the only way Congress can give one American one dollar is to first — through intimidation, threats and coercion — confiscate that dollar from some other American through the tax code.”

 

 

 

 

   Our first graph demonstrates how the gross federal debt has ballooned from approximately 57% of the GDP in 1960 to nearly 107% in 2013 . Can you say Greece anyone ?

 

 

” If any American did privately what Congress does publicly, he’d be condemned as an ordinary thief. Taking what belongs to one American to give to another is theft, and the receiver is a recipient of stolen property. Most Americans would suffer considerable anguish and cognitive dissonance seeing themselves as recipients of stolen property, so congressional theft has to be euphemized and given a respectable name. That respectable name is “entitlement.” Merriam-Webster defines entitlement as “the condition of having a right to have, do, or get something.” For example, I am entitled to walk into the house that I own. I am entitled to drive the car that I own. The challenging question is whether I am also entitled to what you or some other American owns.”

 

 

 

 

 

    This graph shows overall growth in government spending from 1962 to 2010. As the reader can see federal spending has increased nearly five-fold in the past half century while tax revenues have actually declined as a percentage of GDP over the same period . See graph below .

 

 

 

” Let’s look at a few of these entitlements.”

 

 

 

 

The graph above shows the explosive grow of entitlement spending over the past 50 years.

 

 

 

” More than 40 percent of federal spending is for entitlements for the elderly in the forms of Social Security, Medicare, Medicaid, housing and other assistance programs. The Office of Management and Budget calculates that total entitlement spending comes to about 62 percent of federal spending. “

 

 

    As the article and above graphs show we are in debt up to our eye-balls and beyond , and even though the facts are there for all to see , Americans in general seem to be willfully blind to the impending collapse and it is less the certain that the public will develop the will to meet this issue head-on and resolve to do what is necessary to save our Republic .

 

 

” Can you imagine what the American people would do to a presidential candidate who’d declare, as James Madison did in a 1794 speech to the House of Representatives, “Charity is no part of the legislative duty of the government”? “

 

 

Read Mr Williams’ entire article .

 

 

 

 

 

 

 

 

 

 

 Debt Ceiling Truth

 

 

 

 

” You are about to learn one of the biggest secrets in the history of the world… it’s a secret that has huge effects for everyone who lives on this planet. Most people can feel deep down that something isn’t quite right with the world economy, but few know what it is.”

 

 

 

 

 

 

 

StormCloudsGathering

 

 

 

 

Published on Oct 10, 2013

” Stefan Molyneux and Veronique du Rugy discuss the government shutdown, the impending collapse of the system, how the election system guarantees that the difficult decisions won’t be made, fear-mongering and the changes that are happening very quickly. 

Veronique de Rugy, Ph.D., is a senior research fellow at the Mercatus Center at George Mason University and you can read her work at Reason.com here: http://reason.com/people/veronique-de…

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Daily Video 8.24.13

When Will The Economy Collapse?

The Assault On Gold: The Fed’s Attempt To “Scare People Away” From Gold And Silver

 

 

 

” For Americans, financial and economic Armageddon might be close at hand. The evidence for this conclusion is the concerted effort by the Federal Reserve and its dependent financial institutions to scare people away from gold and silver by driving down their prices. 

The Federal Reserve is creating $1 trillion new dollars per year, but the world is moving away from the use of the dollar for international payments and, thus, as reserve currency. The result is an increase in supply and a decrease in demand. This means a falling exchange value of the dollar, domestic inflation from rising import prices, and a rising interest rate and collapsing bond, stock and real estate markets.

The Federal Reserve’s orchestration against bullion cannot ultimately succeed. It is designed to gain time for the Federal Reserve to be able to continue financing the federal budget deficit by printing money and also to keep interest rates low and debt prices high in order to support the banks’ balance sheets.

When the Federal Reserve can no longer print due to dollar decline which printing would make worse, US bank deposits and pensions could be grabbed in order to finance the federal budget deficit for couple of more years.  Anything to stave off the final catastrophe.

The manipulation of the bullion market is illegal, but as government is doing it the law will not be enforced.

By its obvious and concerted attack on gold and silver, the US government could not give any better warning that trouble is approaching. The values of the dollar and of  financial assets denominated in dollars are in doubt.

Those who believe in government and those who believe in deregulation will be proved equally wrong. The United States of America is past its zenith.  As I predicted early in the 21st century, in 20 years the US will be a third world country. We are halfway there.”

 

 

 

 

 

The Real Reasons Why The Liberty Movement Is Preparing To Fight

 

 

 

 

” Years ago while writing for Neithercorp Press I penned an article entitled “One Day Soon, We’ll All Be Homegrown Terrorists”.  In that piece I described a not so far off future in which martial law, economic collapse, and the destruction of civil liberties stood imminent.  I related my views on the propaganda rhetoric of the SPLC, and how they were using false association to tie liberty groups to any deviant organization they could think of, including racists and domestic terrorists, in order to condition the American public to react to our message with immediate contempt.

It became clear to me then that the SPLC, which had become the propaganda wing of the widely reviled Department Of Homeland Security, was helping set the stage for a paradigm shift in the U.S.  This shift would obviously include economic and social disruption, as well as political turmoil beyond anything our nation has seen for over 150 years.  But most importantly, it would pave the way for certain elements of the American populace, namely those who are awake, aware, and outspoken, to be labeled “enemy combatants” dangerous to the state.”