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40 Bizarre Statistics That Reveal The Horrifying Truth About The Collapse Of The U.S. Economy

Economic Collapse 150x150 40 Bizarre Statistics That Reveal The Horrifying Truth About The Collapse Of The U.S. EconomyMost Americans still appear to be operating under the delusion that the “recession” will soon pass and that things will get back to “normal” very soon.  Unfortunately, that is not anywhere close to the truth.  What we are now witnessing are the early stages of the complete and total breakdown of the U.S. economic system.  The U.S. government, state governments, local governments, businesses and American consumers have collectively piled up debt that is equivalent to approximately 360 percent of GDP.  At no point during the Great Depression (or at any other time during our history) did we ever come close to such a figure.  We have piled up the biggest mountain of debt that the world has ever seen, and now that gigantic debt bubble is beginning to pop.  As this house of cards comes crashing down, the economic pain is going to become almost unimaginable. 

Already, things are really, really, really bad out there.  Unemployment is at shockingly high levels.  Foreclosures and personal bankruptcies continue to set new all-time records.  Businesses are being shut down at a staggering rate, more than 40 million Americans are on food stamps, and the U.S. government continues to pile up debt at blinding speed.

There is no use sugar-coating it.

The U.S. economy is collapsing.

The following are 40 bizarre statistics that reveal the truth about the collapse of the U.S. economy….

1 – According to one shocking new survey, 28% of U.S. households have at least one member that is looking for a full-time job.

2 – A recent Pew Research survey found that 55 percent of the U.S. labor force has experienced either unemployment, a pay decrease, a reduction in hours or an involuntary move to part-time work since the recession began.

3 – There are 9.2 million Americans that are unemployed but that are not receiving an unemployment insurance check.

4 – In America today, the average time needed to find a job has risen to a record 35.2 weeks.

5 – According to one analysis, the United States has lost 10.5 million jobs since 2007.

6 – China’s trade surplus (much of it with the United States) climbed 140 percent in June compared to a year earlier.

7 – This is what American workers now must compete against: in China a garment worker makes approximately 86 cents an hour and in Cambodia a garment worker makes approximately 22 cents an hour.

8 – According to a poll taken in 2009, 61 percent of Americans “always or usually” live paycheck to paycheck.  That was up significantly from 49 percent in 2008 and 43 percent in 2007.

9 – According to a recent poll conducted by Bloomberg, 71% of Americans say that it still feels like the economy is in a recession.

10 – Banks repossessed 269,962 U.S. homes during the second quarter of 2010, which was a new all-time record.

11 – Banks repossessed an average of 4,000 South Florida properties a month in the first half of 2010, up 83 percent from the first half of 2009.

12 – According to RealtyTrac, a total of 1.65 million U.S. properties received foreclosure filings during the first half of 2010.

13 – The Mortgage Bankers Association recently announced that demand for loans to purchase U.S. homes has sunk to a 13-year low.

14 – Only the top 5 percent of U.S. households have earned enough additional income to match the rise in housing costs since 1975.

15 – 1.41 million Americans filed for personal bankruptcy in 2009 – a 32 percent increase over 2008.

16 – Back in 1950 each retiree’s Social Security benefit was paid for by 16 workers.  Today, each retiree’s Social Security benefit is paid for by approximately 3.3 workers.  By 2025 it is projected that there will be approximately two workers for each retiree.

17 – According to a new poll, six of 10 non-retirees believe that Social Security won’t be able to pay them benefits when they stop working.

18 – 43 percent of Americans have less than $10,000 saved for retirement.

19 – According to one survey, 36 percent of Americans say that they don’t contribute anything to retirement savings.

20 – According to one recent survey, 24% of American workers say that they have postponed their planned retirement age in the past year.

21 – The Conference Board’s Consumer Confidence Index declined sharply to 52.9 in June.  Most economists had expected that the figure for June would be somewhere around 62.

22 – Retail sales in the U.S. fell in June for a second month in a row.

23 – Vacancies and lease rates at U.S. shopping centers continued to get worse during the second quarter of 2010.

24 – Consumer credit in the United States has contracted during 15 of the past 16 months.

25 – During the first quarter of 2010, the total number of loans that are at least three months past due in the United States increased for the 16th consecutive quarter.

26 – Things are now so bad in California that in the region around the state capital, Sacramento, there is now one closed business for every six that are still open.

27 – The state of Illinois now ranks eighth in the world in possible bond-holder default.  The state of California is ninth.

28 – More than 25 percent of Americans now have a credit score below 599, which means that they are a very bad credit risk.

29 – On Friday, U.S. regulators closed down three banks in Florida, two in South Carolina and one in Michigan, bringing to 96 the number of U.S. banks to be shut down so far in 2010.

30 – The FDIC’s deposit insurance fund now has negative 20.7 billion dollars in it, which represents a slight improvement from the end of 2009.

31 – The U.S. federal budget deficit has topped $1 trillion with three months still to go in the current budget year.

32 – According to a U.S. Treasury Department report to Congress, the U.S. national debt will top $13.6 trillion this year and climb to an estimated $19.6 trillion by 2015.

33 – The M3 money supply plunged at a 9.6 percent annual rate during the first quarter of 2010.

34 – According to a new poll of Americans between the ages of 44 and 75, 61% said that running out money was their biggest fear. The remaining 39% thought death was scarier.

35 – One study found that as of 2007, the bottom 80 percent of American households held about 7% of the liquid financial assets.

36 – The bottom 40 percent of all income earners in the United States now collectively own less than 1 percent of the nation’s wealth.

37 – The number of Americans with incomes below the official poverty line rose by about 15% between 2000 and 2006, and by 2008 over 30 million U.S. workers were earning less than $10 per hour.

38 – According to one recent study, approximately 21 percent of all children in the United States are living below the poverty line in 2010 - the highest rate in 20 years.

39 – For the first time in U.S. history, more than 40 million Americans are on food stamps, and the U.S. Department of Agriculture projects that number will go up to 43 million Americans in 2011.

40 – A new Rasmussen Reports national telephone survey has found that just 23% of American voters nationwide believe the federal government today has the consent of the governed.

Economy 40 Bizarre Statistics That Reveal The Horrifying Truth About The Collapse Of The U.S. Economy

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  • daveco

    This was a good story. Common sense, math, and good engineering is the answer. But it is also voting and understanding what to vote for from local all the way up to county then state then federal.

    Take math, it is true other countries work for less than $1 per hour but it is also true that becuase of that they do not pay taxes of more than 25 cents per hour, do not pay insurance of thousands of dollars per year for health, car, house all mandated by the government.

    They work for less than the US because they pay out less than the US. Here you can not afford to work for $1 per hour because gas costs and car costs more than that.

    Also they are subsidized by the US. Yes subsidized by the US. That is what we do when we give over 1 billion to Pakistan like we just did.

    The answer to all this crazyness is simple.

    We have wage and environmental laws that are to be minimum in the US we need to extend them to imports.

    Change the laws to be inclusive of the globe. We can no longer import goods that are not made with minimum wage.

    The laws will be easy to change.

    Or we can just keep watching dancing with the stars and wait for the foreclosure notice.

  • Greg

    Daveco – all of your posts focus on “logic” as though you understand something that others don’t. Those who created this mess won’t be surprised at the insights you give them. Our economy was intentionally destroyed and there is no intention to change the plan. Our brilliant leaders knew what they were doing when they jettisoned our industries through “free trade” and they know what they are doing with environmental laws and other burdens that make it impossible for industry to make a profit in America. Your statements are not wrong but it always surprises me to see that you apparently can’t see that this demise is planned, therefore talking about logical solutions is illogical.

  • http://www.jrdeputyaccountant.com Jr Deputy Accountant

    Great post, I’m glad to see that being realistic (some call it “negative”) IS still cool.

    Greg, I disagree when you say this demise is (or was) planned. I don’t think whomever put free trade together realized what they were doing, just as Frank and Dodd don’t realize what they doing with financial reform. You’re giving them too much credit, none of them are intelligent enough to put together a diabolical master plan and even if they were, their narcissism means they’re too self-absorbed or infatuated with their own agenda to pull it off. Of course, just because it wasn’t planned doesn’t mean The Powers That Be won’t take advantage of it.

    Wouldn’t want to waste a good crisis and all that…

  • Greg

    The problem with too many bloggers is that they don’t study the issues and the history of issues, then they think they are the only ones smart enought to know what is going on and how to solve our problems. There’s very little happening in the world that is not planned and those plans are so far along and unchangeable that the planners are even acknowledging things that they use to mock as being crazy in order to keep their cover. The wicked are so sure of their victory that they are like the running back nearing the goal line with open field ahead – they now flaunt their impending score.

  • Greg

    Another thing for those who believe that the politicians aren’t smart enough to figure all of this out….they don’t have to figure it out. Our nation is not run by politicians, the politicians are run by the elite. These are the same people who have shown they are smart enough to amass billions and to control virtually all of the assets in the world. We are not living in a haphazard world. The chaos is all planned for a purpose. The middle class is considered to be expendable because we are consuming “their” resources.

  • Liber

    Greg wrote:
    We are not living in a haphazard world. The chaos is all planned for a purpose. The middle class is considered to be expendable because we are consuming “their” resources.
    ======================

    How correct you are, Greg.
    Perhaps we 80% of American’s are becoming obsolete? It’s a scary thought…for sure!

    http://www.salon.com/news/feature/2010/07/27/american_people_obsolete/index.html

  • Dawood

    The following are signs that signal the coming complete collapse.
    First, The FED reaches a point when it will face an extreme difficulty selling US treasury bills. It will then resort to increasing interest rates and printing unlimited amount of dollars.
    Second, The U.S. dollar loses its value rapidly against Gold and other internationally floating currencies creating a world wide panic to get rid of the U.S. Dollar.

  • Jimmy

    Greg is 100% correct and anybody who is not catching on to this by now, has really got their head buried deep. Come on, time to turn off the damn tv and start thinking for yourself.

  • Jimmy

    I have a sneaking suspicion that the one’s who still think that 9/11/01 was done by Osama bin Boogieman, are the same ones who think the banksters are stupid bunglers who didn’t mean to screw up.

  • starviego

    “M3 money supply plunged at a 9.6 percent annual rate during the first quarter of 2010.”

    When you shrink the means of exchange-money-exchange(trade) starts to shrink too. That’s why we are in a recession. The fed is deliberately doing this, just like in the Great Depression.

  • mr_bellows

    Valid points made here by the posters. I do think Dave is somewhat naive, as is Jr Acct. Some hard data is now posted at TheBurningPlatform dot com. If you look at the very bottom of the page mentioned above you will find some quotes that i think are totally relevant. To think that this is all just happening by co-incidence is folly at best. 1 stat i like is that since the creation of the FedRes (100 yrs ago) America has been devalued by 97%.wow. Time to wake up my fellow human beings and realize the Bilderburg group, CFR, NAFTA, IMF and the like, are not conspiracy theories; they do exist :)

  • mr_bellows

    Some relevant quotes for our times; by a fairly smart guy, i think :)

    Power always thinks it has a great soul and vast views beyond the comprehension of the weak.
    John Adams

    Power always thinks… that it is doing God’s service when it is violating all his laws.
    John Adams

    Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passions, they cannot alter the state of facts and evidence.
    John Adams

    Fear is the foundation of most governments.
    John Adams

    While all other sciences have advanced, that of government is at a standstill – little better understood, little better practiced now than three or four thousand years ago.
    John Adams

    Abuse of words has been the great instrument of sophistry and chicanery, of party, faction, and division of society.
    John Adams

    All the perplexities, confusion and distress in America arise, not from defects in their Constitution or Confederation, not from want of honor or virtue, so much as from the downright ignorance of the nature of coin, credit and circulation.
    John Adams

    Arms in the hands of citizens may be used at individual discretion… in private self-defense.
    John Adams

    Because power corrupts, society’s demands for moral authority and character increase as the importance of the position increases.
    John Adams

    Democracy… while it lasts is more bloody than either aristocracy or monarchy. Remember, democracy never lasts long. It soon wastes, exhausts, and murders itself. There is never a democracy that did not commit suicide.
    John Adams

    I must study politics and war that my sons may have liberty to study mathematics and philosophy.
    John Adams

    Liberty cannot be preserved without general knowledge among the people.
    John Adams

    Liberty, according to my metaphysics is a self-determining power in an intellectual agent. It implies thought and choice and power.
    John Adams

    Our Constitution was made only for a moral and religious people. It is wholly inadequate to the government of any other.
    John Adams

    The happiness of society is the end of government.
    John Adams

    There are two educations. One should teach us how to make a living and the other how to live.
    John Adams

    There is danger from all men. The only maxim of a free government ought to be to trust no man living with power to endanger the public liberty.
    John Adams

  • craig

    The government should start paying women a living wage not to have babies. Aslo all the royal families in the world should be taxed the majority of their accumulated wealth since they didn’t do anything to earn their wealth.

  • Rick

    I see that readers are still suggesting that voting better is the answer. What rubbish. Didn’t Obama swear up and down for over a year that he would end the wars if elected? How in the world can the people be represented when the politicians (Republicans also) constantly do this? We can’t, it’s that simple folks.

    If you can LIE a thousand times about killing people you are have NO dignity whatsoever. These politicians are disgusting human beings.

  • acudoc

    Google “Hugo Salinas Price Gold as Generator of Jobs” for a clear and concise explanation of our economic predicament.

    I hope you will read this brilliant essay by a Mexican billionaire who earned his money honestly and who has a precise understanding of the reasons for the continuing de-industrialization of America and Europe.

  • steve jones

    Much of what Greg writes is correct. There is and never was “Free Trade”. Please understand that.

    The game is rigged and “globalisation” has just been a fancy word for global pillage by corporations, at the expense of other countries and their peoples.

    Recently,in Australia,we had the Prime Minister ousted, which co-incided with his proposed super profits tax on mining, which was to obtain a fairer share of mined wealth for the population.

    The concept made sense and was fairer than a straight royalty tax, and would only take effect when when mining companies made super (read “huge”) profits.

    Of course we just can’t have this sort of behaviour…next thing you know Nigeria, Indonesia et al would putting out their hands for their fair share of the profits of their natural resources currently being pillaged by offshore “global” corps.

    I cannot prove that mining and oil companies saw to it that Kevin Rudd would be deposed, but I find the timing of the event more than curious. This is how the game works and Greg is correct in his statement that politicians and political parties do not control or influence outcomes. The outcomes are influenced by the elite corporates and those who realy control he money supply.

  • http://galactic.no/rune/moneyend.html rune

    this shows that the living/life- rules in the “intellectual jungle” – our dayly life – do not FUNCTION in the coming world. The solution? the moneysystems cessation as higher sivlisations in cosmos have come to long ago!!

  • allovertheplace

    Nicely said Greg. Bostering your assertion is that we see the same people, groups and organization’s agenda succed no matter which front party or front ideology is stated as being ascendant by the professional talking heads of the supremely tightly conrolled major mediaplex. There is no separation of industry and government, religion and government and certainly not governent and government. It is a very, very convenient illusion. The nation first became infected. Now it is infested. The reason it is not changing is

  • Whiteknight777

    One cannot say that we weren’t warned by Ross Perot that this would happen.

    I guess too many were too busy watching sports channels on their televisions.

    WK

  • Susan

    It’s all part of the master plan to reduce the U.S. population to impovershed slaves. NAFTA succeded.

  • http://wellservice@charter.net Henry Dickinson

    3/7/10
    It is time to get serious about life.

    Treasure in Heaven
    This will identify what gold, silver, and precious stones are in the verses below. You need to know what these are so that your life or works will not be in vain.

    Even though the Bible makes it plain that a lost person cannot work his way to heaven, it also makes it very plain that a saved person stores up Treasure in Heaven by his works.

    A saved person is a person who has been born again, Jn. 3:3, by believing in Jesus Christ Jn. 3:18, receiving Jesus Christ Jn. 1:12-13 and sealed by the holy Spirit, Ephesians 1:13 In whom ye also trusted, after that ye heard the word of truth, the gospel of your salvation: in whom also after that ye believed, ye were sealed with that holy Spirit of promise, 14 Which is the earnest of our inheritance until the redemption of the purchased possession, unto the praise of his glory.

    John 3:3 Jesus answered and said unto him, Verily, verily, I say unto thee, Except a man be born again, he cannot see the kingdom of God. John 3:18 He that believeth on him is not condemned: but he that believeth not is condemned already, because he hath not believed in the name of the only begotten Son of God. John 1:12-13 But as many as received him, to them gave he power to become the sons of God, even to them that believe on his name: 13 Which were born, not of blood, nor of the will of the flesh, nor of the will of man, but of God.
    Salvation is you personally believing and receiving the free gift of God’s Son, by the death, burial and resurrection of Christ, for the forgiveness of your sin, by the shedding of his blood on Calvary, to make the atonement for your sins according to the scriptures.

    Treasure In Heaven.
    1 Corinthians 3:11 For other foundation can no man lay than that is laid, which is Jesus Christ.
    12 Now if any man build upon this foundation gold, silver, precious stones, wood, hay, stubble;
    13 Every man’s work shall be made manifest: for the day shall declare it, because it shall be revealed by fire; and the fire shall try every man’s work of what sort it is.
    14 If any man’s work abide which he hath built thereupon, he shall receive a reward. (Jn. 15:7)
    15 If any man’s work shall be burned, he shall suffer loss: but he himself shall be saved; yet so as by fire.

    How important is it to understand what the Bible is referring to here? For our works, as Christians, are for all eternity. Our works as Christians can save a person from an eternal Lake of Fire, if we see to it that they have the right foundation. We need to know the right way for the Bible says in Proverbs 14:12 There is a way which seemeth right unto a man, but the end thereof are the ways of death.
    John 14:6 Jesus saith unto him, I am the way, the truth, and the life: no man cometh unto the Father, but by me.
    Acts 4:12 Neither is there salvation in any other: for there is none other name under heaven given among men, whereby we must be saved.
    There are many people in Mt. 7:21-23 who thought they were saved. They thought they were Christians and doing many wonderful works in his name, just to stand before the judgment and hear him say in Matthew 7:23 And then will I profess unto them, I never knew you: depart from me, ye that work iniquity.

    The answer is found in the very next verse. Matthew 7:24 Therefore whosoever heareth these sayings of mine, and doeth them, I will liken him unto a wise man, which built his house upon a rock:

    Gold stands for the highest thing you can work for, then silver, then precious stones. Verse one of the New Testament has all three and in that order. Matthew 1:1 The book of the generation of Jesus Christ, the son of David, the son of Abraham. Gold, Silver, Precious Stones.

    In Nehemiah 9:5 Then the Levites, Jeshua, and Kadmiel, Bani, Hashabniah, Sherebiah, Hodijah, Shebaniah, and Pethahiah, said, Stand up and bless the LORD your God for ever and ever: and blessed be thy glorious name, which is exalted above all blessing and praise.
    This is the silver, his name, which is exalted above all blessings and praise. When you are standing up for the Lord, and identifying the right Christ and how you find the right Christ, you are storing up silver in heaven. The people in Mt. 7:21-23 were serving the wrong Christ and had trusted a counterfeit Christ for salvation. Matthew 24:5 For many shall come in my name, saying, I am Christ; and shall deceive many.

    Psalms 138:2 I will worship toward thy holy temple, and praise thy name for thy lovingkindness and for thy truth: for thou hast magnified thy word above all thy name.

    Here we find the highest thing in the universe, the word. When you know what the word of God is, and you stand up for it, you are storing up gold in heaven. It’s the King James Bible, which is the preserved word of God Ps. 12:6-7 and it is inspired, II Tim. 3:16 which says “all scripture is given by inspiration of God.” Job 32:8 But there is a spirit in man: and the inspiration of the Almighty giveth them understanding. Ps. 12:6 says every word of God is pure. There are words in the King James Bible that are not in the Greek or Hebrew languages. Yet when you match them with the same words that are in the original languages, they give you a precise understanding by the precept of how the Bible is to be interpreted. Isaiah 28:10 For precept must be upon precept, precept upon precept; line upon line, line upon line; here a little, and there a little. Therefore you will receive greater light, and understanding as in Mt. 1:1, above, than you will ever get with just the Hebrew or the Greek languages. Notice the order, in Mt. 1:1, The book, the word, the gold, it is the highest thing in the universe even exalted about his name. The silver, Jesus Christ, the name, these bring forth the precious stones, David and Abraham the sons. Matthew 1:1 The book of the generation of Jesus Christ, the son of David, the son of Abraham. (Gold, silver, precious stones.)

    When the Bible refers to Word with a capital (W) it is always referring to the Lord himself as God manifest in the flesh. 1 Timothy 3:16 And without controversy great is the mystery of godliness: God was manifest in the flesh, justified in the Spirit, seen of angels, preached unto the Gentiles, believed on in the world, received up into glory. As in John 1:1 In the beginning was the Word, and the Word was with God, and the Word was God. John 1:14 And the Word was made flesh, and dwelt among us, (and we beheld his glory, the glory as of the only begotten of the Father,) full of grace and truth.
    Never do you find a (s) when it is written with a capital (W) because there is only one God. When you find the words he spake or inspired through men, referred to as scripture, as Proverbs 30:5 Every word of God is pure: he is a shield unto them that put their trust in him. 6 Add thou not unto his words, lest he reprove thee, and thou be found a liar. Notice He and his words are one, just as you and your words are one. John 10:30 I and my Father are one. (I) In this verse represents the Son as silver who spoke many words of the Father. Psalms 12:6 The words of the LORD are pure words: as silver tried in a furnace of earth, purified seven times. 7 Thou shalt keep them, O LORD, thou shalt preserve them from this generation for ever. The Gold represents the Father; the Word, the silver represents the words the Father spoke through the Son.

    Notice that the first two words in the New Testament are “The book” and the last two words in the last commandment in Rev. 22:19 is “this book” which says that if any man shall add unto these things God shall add unto him the plagues that are written in this book Revelation 22:19 And if any man shall take away from the words of the book of this prophecy, God shall take away his part out of the book of life, and out of the holy city, and from the things which are written in this book.

    Revelation 1:11 Saying, I am Alpha and Omega, the first and the last: and, What thou seest, write in a book, and send it unto the seven churches which are in Asia; unto Ephesus, and unto Smyrna, and unto Pergamos, and unto Thyatira, and unto Sardis, and unto Philadelphia, and unto Laodicea.

    All new bibles, some 233 versions, add to and take away from the things that are written in The book, the King James Bible. Therefore they are iniquity, which started with the Devil in Ezel. 28:15. Which said he corrupted his wisdom by wanting to be “like” the most high, Isa.14: 14.

    The study of these two passages of scripture will show this is where all iniquity, identified as sin, began. Therefore sin is identified as the wisdom of this world, under the god of this world, which is the Devil, and this wisdom is manifest in the sons of men and identified as a work of their tongue, a world of iniquity, and a work that is the mystery of iniquity.

    2 Thessalonians 2:7 For the mystery of iniquity doth already work: only he who now letteth will let, until he be taken out of the way.
    8 And then shall that Wicked be revealed, whom the Lord shall consume with the spirit of his mouth, and shall destroy with the brightness of his coming:
    James 3:6 And the tongue is a fire, a world of iniquity: so is the tongue among our members, that it defileth the whole body, and setteth on fire the course of nature; and it is set on fire of hell.

    James 3:13 Who is a wise man and endued with knowledge among you? let him shew out of a good conversation his works with meekness of wisdom.
    14 But if ye have bitter envying and strife in your hearts, glory not, and lie not against the truth.
    15 This wisdom descendeth not from above, but is earthly, sensual, devilish.
    16 For where envying and strife is, there is confusion and every evil work.
    17 But the wisdom that is from above is first pure, then peaceable, gentle, and easy to be intreated, full of mercy and good fruits, without partiality, and without hypocrisy.
    18 And the fruit of righteousness is sown in peace of them that make peace. Proverbs 11:18 The wicked worketh a deceitful work: but to him that soweth righteousness shall be a sure reward.
    Matthew 13:37 He answered and said unto them, He that soweth the good seed is the Son of man;
    The Son of man is identified in verse 41 as the Lord Jesus Christ. That’s who is doing a work in you, by the Holy Ghost that sealed you, when you are quoting scripture, the King James Bible, when your spirit, the breath of life, is joined to the Lord I Cor. 6:17. His Spirit bears witness with our spirit, Rom. 8:16.
    Mark 4:14 The sower soweth the word. I think it is only fitting here that we be reminded of these verses in John 4:34 Jesus saith unto them, My meat is to do the will of him that sent me, and to finish his work.
    35 Say not ye, There are yet four months, and then cometh harvest? behold, I say unto you, Lift up your eyes, and look on the fields; for they are white already to harvest.
    36 And he that reapeth receiveth wages, and gathereth fruit unto life eternal: that both he that soweth and he that reapeth may rejoice together.
    37 And herein is that saying true, One soweth, and another reapeth.
    38 I sent you to reap that whereon ye bestowed no labour: other men laboured, and ye are entered into their labours.

    1 Corinthians 14:33 For God is not the author of confusion, but of peace, as in all churches of the saints.
    Titus 2:14 Who gave himself for us, that he might redeem us from all iniquity, and purify unto himself a peculiar people, zealous of good works.
    2 Thessalonians 2:17 Comfort your hearts, and stablish you in every good word and work.

    The Devil is inspiring all these new bibles and false conversions by inspiration of mans spirit, which is the breath of life, just as God inspires his word through men today. In Psalms 12:6 The words of the LORD are pure words: as silver tried in a furnace of earth, purified seven times.
    7 Thou shalt keep them, O LORD, thou shalt preserve them from this generation for ever. He has promised his word to every generation. Even though we are a different generation than 1611 he has inspired men to day and his word to day just as he has in all other generations. Psalms 100:5 For the LORD is good; his mercy is everlasting; and his truth endureth to all generations. That is exactly what Satan is doing. Isaiah 14:14 I will ascend above the heights of the clouds; I will be like the most High. Isaiah 14:15 Yet thou shalt be brought down to hell, to the sides of the pit.
    16 They that see thee shall narrowly look upon thee, and consider thee, saying, Is this the man that made the earth to tremble, that did shake kingdoms; 17 That made the world as a wilderness, and destroyed the cities thereof; that opened not the house of his prisoners? This is Satan working in the lost. Ephesians 3:1 For this cause I Paul, the prisoner of Jesus Christ for you Gentiles, this is the Lord working in the saved. Satan can never be like the most High with his corrupted wisdom.

    If you are going back to the Hebrew and the Greek you are trying to use what he gave to the generation over 2000 years ago. You need to catch up and stay up with what he is using and calling his word today. Then you will be storing up gold in heaven and when you lift up the Christ of that book, you will be storing up silver and with these two you will be gaining precious stones, which are the souls of men.

    If you are a missionary in a foreign country, you can translate God’s word into their language right from the fifth-grade language of the King James English Bible in which you are already familiar with. You do not have to waste your time with the Hebrew and Greek languages. Remember, the church is the pillar and ground of the truth, not the Bible colleges or the Universities or the scholars who don’t believe the King James Bible. How can they be the pillar and ground of the truth when they believe and have been taught a lie?

    Why would you waste time and eternity serving in a church that uses these new bibles, which are doctrines of devils, and do works that are called works of iniquity by the Lord? Thinking you are doing many wonderful works, Mt 7:21 when the Bible says you are serving Satan?

    It doesn’t make sense; you are taking a chance with your eternal soul being lost forever in the lake of fire and all your works being burning up as wood, hay, and stubble that you don’t have to take.

    If you are a pastor of a church, why don’t you nullify the confusion by standing up for God’s word the King James Bible and tell people what Satan doesn’t want them to know and store up much treasure in heaven while you can, gold, silver and the precious stones? I Jn. 4:1-6.

    Isaiah 8:20 To the law and to the testimony: if they speak not according to this word, it is because there is no light in them. (The King James Bible is not hard to understand, it is hard to believe.) (The only sin that cannot be forgiven is unbelief.) Heb. 11:6/ Ro. 10:17. The only hope for this nation is to get back to the King James Bible.
    The blessings on this country were built on it and came from it. Known as the Philadelphia church period from 1600 to 1900. This church period kept his word. Luke 11:28 But he said, Yea rather, blessed are they that hear the word of God, and keep it. When the new corrupt bibles came forth like the 1881 ERV, the 1901 ASV, the 1948 RSV and 230 more versions that came from corrupt manuscripts, this brought forth the Laodiceans church period from 1900 to the present. Rev. 3:16 this church and these new bibles make God sick he says he will spue thee out of his mouth. These produce a curse and his wrath will follow next. Compare the fruit from the two periods.

    It all comes down to the King James Bible, vs the world. It’s the truth, the preserved and inspired word of God, to this, the last generation before the Lord comes back to this earth, which are his thoughts and his way, which are pure, or the thoughts from the god of this world and the many corrupt and wide ways that lead to destruction which are evil.

    The works and words of the world’s wisdom and ways are manifest by the first birth and the words of life, from the book of life, attained by the second birth, are the works of God Jn. 6:28-29.

    Judas Iscariot was one of the 12 apostles. Matthew 10:1 And when he had called unto him his twelve disciples, he gave them power against unclean spirits, to cast them out, and to heal all manner of sickness and all manner of disease.
    He did all that the other disciples did yet none of the eleven knew he was any different than themselves John 6:70 Jesus answered them, Have not I chosen you twelve, and one of you is a devil? John 6:71 He spake of Judas Iscariot the son of Simon: for he it was that should betray him, being one of the twelve.

    If you claim to be a Christian and you were saved in a church that doesn’t preach or teach the King James Bible is the word of God and only the Christ of that book is the way to Heaven, then you may have a counterfeit Christ and a counterfeit conversion and are one of the deceived of Matt. 7:21-23.

    II Cor. 11:1-15 says you can receive another Jesus, another spirit, and another gospel from Satan’s ministers. In that same chapter 7 the Bible says the only way one can know is by their fruits, Matthew 7:13 Enter ye in at the strait gate: for wide is the gate, and broad is the way, that leadeth to destruction, and many there be which go in thereat: 14 Because strait is the gate, and narrow is the way, which leadeth unto life, and few there be that find it. 15 Beware of false prophets, which come to you in sheep’s clothing, but inwardly they are ravening wolves.
    16 Ye shall know them by their fruits. Do men gather grapes of thorns, or figs of thistles?
    17 Even so every good tree bringeth forth good fruit; but a corrupt tree bringeth forth evil fruit.
    18 A good tree cannot bring forth evil fruit, neither can a corrupt tree bring forth good fruit.
    19 Every tree that bringeth not forth good fruit is hewn down, and cast into the fire.
    20 Wherefore by their fruits ye shall know them.

    Here is how you can know for sure you are going to heaven. Now that you have read and know the truth the Bible says in 2 Corinthians 6:17 Wherefore come out from among them, and be ye separate, saith the Lord, and touch not the unclean thing; and I will receive you, 18 And will be a Father unto you, and ye shall be my sons and daughters, saith the Lord Almighty.

    If you are willing to receive the truth, and come out of any church that doesn’t preach the truth, and join up with those that do, then you will have fruits that will justify you in the day of Judgment. If you are not willing to obey the truth then this is what you are choosing 2 Thessalonians 2:10 And with all deceivableness of unrighteousness in them that perish; because they received not the love of the truth, that they might be saved.
    11 And for this cause God shall send them strong delusion, that they should believe a lie:
    12 That they all might be damned who believed not the truth, but had pleasure in unrighteousness.

    2 Peter 3:9 The Lord is not slack concerning his promise, as some men count slackness; but is longsuffering to us-ward, not willing that any should perish, but that all should come to repentance.
    The word come appears 1972 times in the Bible. The word unbelief appears 16 times in 16 verses, don’t let any of those verses apply to you.

    It is commonly taught that God doesn’t speak audibly to anyone today. That’s not so. If I’m quoting scripture, I’m giving out his word, his thoughts, his ways, and God is speaking audibly, using my breath, to speak to you. It’s called inspiration, just as God spoke through Christ. John 20:22 And when he had said this, he breathed on them, and saith unto them, Receive ye the Holy Ghost: The breath of life is the spirit of man which came from God in the beginning and is what God uses to speak to this world. Romans 8:16 The Spirit itself beareth witness with our spirit, that we are the children of God: John 6:63 It is the spirit that quickeneth; the flesh profiteth nothing: the words that I speak unto you, they are spirit, and they are life. John 7:17 If any man will do his will, he shall know of the doctrine, whether it be of God, or whether I speak of myself. John 8:28 Then said Jesus unto them, When ye have lifted up the Son of man, then shall ye know that I am he, and that I do nothing of myself; but as my Father hath taught me, I speak these things. John 12:49 For I have not spoken of myself; but the Father which sent me, he gave me a commandment, what I should say, and what I should speak.
    John 12:50 And I know that his commandment is life everlasting: whatsoever I speak therefore, even as the Father said unto me, so I speak.
    John 14:10 Believest thou not that I am in the Father, and the Father in me? the words that I speak unto you I speak not of myself: but the Father that dwelleth in me, he doeth the works.

    The King James Bible presents two Gods, one with a small (g) II Cor. 4:4, manifesting in our lives by two spirits, the Holy Spirit, which is the Spirit of Christ, Luke 11:13 If ye then, being evil, know how to give good gifts unto your children: how much more shall your heavenly Father give the Holy Spirit to them that ask him? or the spirit of antichrist. 1 John 4:1 Beloved, believe not every spirit, but try the spirits whether they are of God: because many false prophets are gone out into the world.
    2 Hereby know ye the Spirit of God: Every spirit that confesseth that Jesus Christ is come in the flesh is of God:
    3 And every spirit that confesseth not that Jesus Christ is come in the flesh is not of God: and this is that spirit of antichrist, whereof ye have heard that it should come; and even now already is it in the world.
    4 Ye are of God, little children, and have overcome them: because greater is he that is in you, than he that is in the world.
    5 They are of the world: therefore speak they of the world, and the world heareth them.
    6 We are of God: he that knoweth God heareth us; he that is not of God heareth not us. Hereby know we the spirit of truth, and the spirit of error. Two spirits manifesting two sources of wisdoms by two Gods using the breath of life, and in this case man’s. One is the wisdom of this world which is foolishness with God 1 Corinthians 3:19 For the wisdom of this world is foolishness with God. And the other is the wisdom from above Ja.3:17.

    The example: Matthew 16:16 And Simon Peter answered and said, Thou art the Christ, the Son of the living God. 17 And Jesus answered and said unto him, Blessed art thou, Simon Barjona: for flesh and blood hath not revealed it unto thee, but my Father which is in heaven.
    Matthew 16:22 Then Peter took him, and began to rebuke him, saying, Be it far from thee, Lord: this shall not be unto thee.
    23 But he turned, and said unto Peter, Get thee behind me, Satan: thou art an offence unto me: for thou savourest not the things that be of God, but those that be of men.

    Do you see how both Gods joined with Peter’s spirit, the breath of life, to say words of truth vs 17 and then words in error vs 22? This is what the life of a Christian is all about. Putting off the old life, before salvation and putting on the new, in Christ, after salvation.

    I realize it may be hard to break all ties to a church you have been going to for years. All is not lost, if you become a Bible believer after having come to this knowledge about the King James Bible being the word of God and all these other Bibles being the works of Satan, then surely you would want your family and friends to know this also, so why not get well versed on the most important subject in the Universe and start your on ministry by giving others this fact? You would be caring out The Great Commission and storing up “Treasure In Heaven.”

    If you cannot understand a King James Bible it is because you have to have the Spirit of God to know the things of God, I Cor. 2:11-12. If you can understand these other bibles, and not see that they are false, it is because you only have the spirit of this world and the god of this world II Cor 4:4 has guided you in all error and blinded your mind to the truth. Being like the most High is not being the most High, and being like the King James Bible is not the King James Bible. Change the words and you change the thoughts and who’s thinking. Selah.
    If you do not understand either and think neither to be important, you need to wake up, Joel 3:9.
    Joel 3:9 Proclaim ye this among the Gentiles; Prepare war, wake up the mighty men, let all the men of war draw near; let them come up: Your “come up” is not the same “come up” to the Christian, Rev. 4:1.
    These new corrupt bibles have brought about the Laodicean church period that has brought accursed on this nation and has spread throughout the world. This church makes God sick, Revelation 3:16 So then because thou art lukewarm, and neither cold nor hot, I will spue thee out of my mouth. Ask for my tract on “Spiritual Puke”. You are so close to being a Christian you think you are one. In Revelation 3:20 the Lord, who is the Word, is out side of the door of this church knocking to come in. Matt. 7:21-24.

  • http://www.ilads.org m

    Obama = Bush = Clinton = democrats = republicans = CORRUPTION

    VOTE in November.

  • Max C

    Greg sees it as it is. Unfortunately, not a lot of people do. Or maybe FORTUNATELY..5% win, 95% lose. I don’t want to be in the 95%, you? Think about what is REAL wealth.

  • Dan

    Good post!
    If one looks back through man’s history one will see that the same game of economics has been played the same way for centuries. Our modern technology has made it easier to control not just our economy but now world economy. Is it planned? Yes. Do polititians know what they are doing? Yes, and they don’t care, they just want their fat retirement entitlements.
    In my opinion, the only group that can correct the political direction of the US are the constitutionally faithful military leaders. Kennedy attempted to break off from foreign banksters, curb the CIA, control big oil and steel companies and look where it got him. The only hope we have of returning to a republic is our military holding allegiance to the constitution. We the people are ecomonic slaves… pons. So let’s play chess.

  • Max C

    Hint: It’s not paper

  • Jeannon Kralj

    Yes, there are plenty of shocking facts in this article and we are tempted to try to wake all those people up who are “operating under the delusion that the “recession” will soon pass and that things will get back to “normal” very soon. ” But many of us know facts like that do not phase deluded people who get their news from the mainstream talking heads.

    Greg is absolutely correct. All of this is a brilliant plan that was set in place at least a century ago. But really, this goal for a one world death and slavery system (aka New World Order) has been The Plan of ancient secret societies from before the advent of Christ.

    Expose these people by name to the deepest level possible. Yes ALL of our “elected represenatives” and candidates from ALL parties are purchased puppets, but try to expose those who fund them. Expose the deeper layers. Our voting and political process is just a big nothing. You can vote against all incumbents but the possible replacements are equally as bad. What I would really love to see is that Americans en masse stopped voting at all. Let our next president win with 2 votes to the other candidates 1.

    Get tough as individuals and find ways to produce and get some money in your own life. Fight the system and drop out of it. Don’t give your money for the stuff they pass off to us as food in the supermarkets. Buy locally and home grown as much as possible. Grow a garden. Whatever.

    You can read a 1990 book by William J. Gill , Trade Wars Against America: A History of United States Trade and Monetary Policy, to learn more of how all of this has played out over the decades.

    As a Christian, I believe that we have a soul and that there is a heaven and a hell and until the day we die, we can make choices that will get us to one place or the other. Choose wisely.

    And God bless us each and every one.

  • http://truthwins dick

    this plan was wrote about over 2000 years ago. It is in the book of Revelations. Go read about the one world government and how all the kings and queens bow down to the harlot. Why does the president belong to the Council of foreigh relations that wants a one world government?. Why does he leave the borders open while at the same time says he worrys about national security?. Those in power will get what they want. Until they take thier last breath and see who is really in charge. I suggest they collect marshmellows. Hell is a hot place.

  • Angus MacDuff

    So, the “money trust” has totally enslaved you. As great presidents in the past have warned, if you don’t return to a debt-less based monetary system (gold, silver, based), one that is NOT under the control of a central bank where money is directly issued by the US treasury and not backed by a debt, you are doomed to complete and utter destruction. It’s only a matter of time.

    Rise up, throw off the chains while you still have a chance!

  • http://tshtf.blogspot.com/ Mr. Morphed

    Finally we see a person (greg) and a few others that “get” it. Knowing history makes predicting the future simple. Did we not hear the phrase “war to end all wars?” Have we become blinded to the mass murders from times past and think somehow we have evolved into a kinder gentler tyranny? Unfortunately, what we have is a more advanced, deadlier, more evil presence in the top of the power structure, and the few individuals that sit there are can never be satisfied. Megalomania is incurable, but the maniac has to try to fill the disorder with more control, more tyranny, more death as they own everything and we are stealing what is rightfully theirs, but like a drug addict, there is never a stopping point of satisfaction.

  • Adam Neira

    Prayers and blessings for all the good people of the truly great United States of America.

  • John Hendricks

    Greg is right on.

    People who don’t see the “intelligent design” behind what is happening try to reason things out with “logic.” The problem with logic is that your premise must be true. If not, your conclusion is garbage.

    Unfortunately, people who don’t see the intelligent design vastly outnumber the people who do.

  • John Hendricks

    If you don’t believe these events were carefully planned, do a web search on “Agenda 21″ and read, in their own words, the ultimate plan for the 21st century.

    The problem is that they must get people to go along with this and to see it as the “logical” outcome of chaotic events. The solution to each crisis, going back 200 years, is greater centralized power. “This would never have happened if you had paid more tax and given us greater authority.”

  • http://rense.com bill stubblefield

    gregg is right, this is all manufactured to take mankind in the direction the eletists desire us to go. we are being herded by so many problems in the world that our senses are being overwhelmed. if I did not know what is really going on it would cause me to totally give up. but I do know what is going on. these people with all the power and money who are playing loose and fast with our very existence think themselves to be our superiors. when in fact they themselves are being manipulated by are far superior being whose intellect and cognizance is well above their own. as tools they are being used to bring in a world of utter chaos and spiritual darkness. we are victims but they are intellectual fools. and when this being has used them up he will discard them as they discard us. they will win in the begining but should not savor the win. for soon my God who is the only true God will have His son return and destroy them.

  • Randall

    Greg knows what he’s talking about. The destruction of the US has been on the elitists books for decades. The biggest move was back in 1913, with the Federal Reserve Act. Thanks to traitor, Woodrow Wilson. As with the deviates, Frank and Dodd, they’re just stooges following orders as they’re to stupid to conjure up their own ideas.

  • John Hendricks

    If they can convince people that carbon dioxide is a deadly greenhouse gas, or that a kerosene fire in the upper floors caused 3 skyscrapers to collapse, or to fight war after war based on lies, or to accept a President whose father is Kenyan, with a name that rhymes with Osama, and Hussein for a middle name, pray tell, what is there the people cannot be convinced of? As Adam Weishaupt, founder of the Illuminati, said “Oh mortal man, is there nothing you cannot be made to believe?” Apparently not.

  • john

    Good blog! This dynamic didn’t just occur in the last decade. Albeit, ever increasing greed beginning with Wall Street, our politicans have let us down terribly. Now it’s too late to correct this imbalance without severe trauma. How will it unfold? No one has a clue, except maybe that the middle class will disappear, and our currency will degrade. Make no mistake, severe changes are in the works. This blog underscores them.

  • http://www.smashcancer.com Big Dog

    Greg is 100% correct. The people that engineer the things that are occurring are not naive enough to leave the dispatch of billions and trillions of dollars to chance! If something major is happening in politics, you can bet your last dollar that it was planned that way. The politicians who are flashed in your face all over the media are merely employees doing what they are told by their masters. It might take you a while, but if you study enough (and with a level of discernment), you will find the truth. The question is whether or not you are ready for it.

  • http://www.jhs.mx James in Mexico

    Like Custer, Americans are getting exactly what they deserve. After all, sheep ARE for shearing. My suggestion? Take what you can carry in both hands and bail out of the U.S. Life in America is going to become unlivable. For me, it is now.

  • http://www.jhs.mx James in Mexico

    Like Custer, Americans are getting exactly what they deserve. But after all, sheep ARE for shearing.

  • Tobey

    The collapse of our economy was planned. ENRON was a test run. The oil companies have been ENRONing the whole nation while ENRON tested the collapse in the California market before rolling it out nationally and globally..it is a marketing program and the product is financial collapse.

    The financial collapse is for the purpose of consolidating power in the hands of fewer and fewer bankster hands and corporate hands..the ultimate goal is to form first the North American Union which is what NAFTA did when it was signed into law in 1987 during the Reagan administration.

    NAFTA’s original documentation contains the framework for consolidating the North American countries of Canada, the USA and Mexico into a EU style market and no, it is not a conspiracy theory it is a fact.

    The unification of North America is a precursor to the unification of Trilateral regions into a one world government which will control the countries of Africa, Asia and Latin America as sweat shops.

    Israel is to be the administrator of the whole shebang because of their high tech industry and their ruthless willingness to torture and kill human beings.

    In three words, WE. ARE. SCREWED.

    Humanity has been betrayed.

    One thing may stop this and that is the universe itself. The universe always seeks balance. The plans of the Bilderberg/Trilateralists/CFR types is not balanced and because the universe seeks balance, they may be destined for a rude awakening.

  • identalias

    The “aid” to Pakistan is to pay for US WARS OF IMPERIALIST AGGRESSION, you stupid slaves.

  • David

    “the complete and total breakdown of the U.S. economic system.”

    Oh brother. This will play out just like Y2K and the complete and total breakdown of the U.S. economic system that was supposed to happen when Reagan was President and U.S. dept growth was also a vertical line.

    History is a better teacher than headlines.

  • August

    I quit paying taxes 19 years ago and have never looked back; going fishing now….(didn’t pay for a fishing license either).

  • jeanruss

    Tragically, Christopher Story is no longer with us. However, his incredible research and explanations of the financial terrorism still are at http://www.worldreports.org. May he rest in peace for the courageous reporting of corruption worldwide which no one else is doing.

  • http://tinyurl.com/My-Philosophy-Books-on-Amazon Don Robertson

    The problem is unfixable given the commonest approaches.

    The problem is, -science has facilitated the growth of the population to a level -that the economic paradigm cannot continue to support.

    Most people breath air 24/7 -polluted by the smell of human feces, rotting garbage and uncombusted diesel fuel.

    In other words, the whole world -on average- is experiencing a vastly depreciated quality of life -coupled with an accelerating loss of the efficacy of our conceptions about our economic lives.

    The politicians and pundits that proclaim more growth will lead back to prosperity -are selling everyone a lie now.

    The problem is too much growth, -too much growth and too much human enslavement through debt.

    More economic growth will only be equated with greater human misery, and more debt to greater enslavement.

    Humanity is neither an economic animal nor an intellectual one. Human beings need fresh air, open space, clean water and decent food.

    If you’re looking to blame someone, blame the -stinking geniuses- who got us into this mess.

    Too many good ideas have ruined the world.

  • Lynn D.

    Greg is 100% correct.

  • John

    Is there some way to print out this article?

  • http://www.StephenMarkovich.com Stephen Markovich

    yes this chaos and doom of our economy IS, indeed, planned. Now,

    1. Is this about control of humans as foretold in Revelations?
    2. Is this also about the New World Order which we all know is a real threat.
    3. How will the middle class and lower class react to it…that is, how are we going to survive and what will be those survival steps?

    Know we are fighting not just politicians…we are fighting a real Evil.

    http://www.StephenMarkovich.com

    God bless us all the time.

  • Eddo

    I don’t believe there was a plan by anyone within to deliberately destroy the US economy. I do believe that members of Congress either failed to take action that should have been taken in 2006 (to provide greater oversight of Fannie and Freddie). I also believe there were members of Congress, specifically Barney Frank and Chris Dodd, who had no idea of the repercussions of there forcing banks to make loans to anyone who could speak to a loan officer — no money down, no decent credit history, no verifiable employment history…no sweat!

    The really scary thing is that the current administration and Congressional majority are totally without a clue as to what has to been done to prevent a total financial collapse of our country. One thing they really know how to do is spend and borrow, and that’s just the opposite of a remedy to our problem.

  • http://www.thestoryofstuff.com Globetrotter

    We the people have the power to Change things.

    Can’t we, the victims of the psychotic greed and depraved indifference of the the Czars of the Corporate Quasi Crime Syndicates and their Government Co Conspirators just stop participating and being victims?

    Can we not just stop going into Wall Mart and other mass merchandiser, who ship our jobs over seas and tell us they are helping us by keeping prices low, while impoverishing the world, with below poverty level wages?

    Can we not stop buying inferior merchandise, from China, some of which is deliberately infused with poison, so as to further numb our minds and those of our children?

    Why do we support companies who are raising nations of technical talent over seas, when our legions of superior technical talent here in the US can not find jobs.

    Can we not can pull are savings, what little we have left from the banks, who take our and or our neighbor’s homes and give them away or level them to rot and provide crime dens, not paying taxes to our communities, while keeping the defaulted loans on their books, to call them asset.

    Can we not stop consuming mind numbing so called entertainment, which is so devoid of talent, depth and production value, the industry which produces it does not bother to acknowledge it in any type of award ceremony?

    Can we not stop working for marketers and so called news content producers for free, in this corporate scam of User Generated Content.

    Are we so sick with mental disease we will continue to perpetuate our own demise?

    Are we so locked up in a mindless cycle of the addition to religious zeal-ism, racial hatred, political puppetry we have lost the power of reason, self control and self preservation; while buying into the bull that if you vote for me I will set you free, even though that has I never did so the many times I could have done so in the past few decades?

    If we do not use what little power we have left to take control of our lives and country, we will in the not too distant future be in a position where we won’t be making, buying or selling anything, because we won’t have a society, economy or government to organize our effort for the greater good. We will be living is a state of anarchy and lawlessness.

    Again the greed which has consumed our industrial, military and government complex is born from psychosis. It is an all consuming beast, which will not stop consuming until there is nothing left to consume.

  • Smitty

    The states need to kick DC into the storm drain, start their own banks, issue their own money, and tell the feds to pound sand. Oh, and use the banksters to plug the leak in the Gulf of Mexico.

  • clickyd

    Have to say I agree with you on this, Greg. Problem+reaction= solution

  • JMW1212

    And yet still the politicians get their nice fat paychecks, their future retirement plans, their free medical care…

    Hmm.

    Hey, THEY’RE ON THE GOVERNMENT DOLE! Our taxes pay their salaries; you can think of that as cash assistance. Our taxes pay their medical care; you can think of that as Medicare/Medicaid. Our taxes pay their retirement plans; you can think of that as Social Security. And they VOTE themselves PAY RAISES! Yeah, without the approval of their boss, the American People. When was the last time you voted yourself a pay raise? And got it?

    Damn, that’d be a nice job to have.

    But then, when did politics become a career? with benefits?

  • Mark

    Our government is executing the same Keynesian economics it did during the 30′s, it is likely we will see, as bad and most likely worse, results due to we are not the only producer of the world and we have massive unfunded liabilities dragging us down, as well.

    IMO, everyone needs to prepare for the worse, wether it happens or not, for the next five years. We should also plan not to recieve SS/medicare 10 years into the future and prepare for self-reliance.

  • Scott rozier

    While the whole world falls apart at least Chelsea Clinton had a nice wedding

  • Mike

    Yours is a valuable collection of negative stats. I trust that someone with a competing view could put forth 40 reasons things are getting better. Choice of which facts you present is a form of editing (lies, damn lies and statistics).

    That said, I concur with your conclusion; we are living in a ponzi economy where the financial benefits roll-up to the few at the top, often with the help of the government and the regulators. Our markets are corrupted by things like HFT and naked shorts (especially in precious metals). Eventually, it will collapse, but when? By EOY 2010? 2012? 2020? How long can the country endure the pain? How long can extend and pretend last? How long will main street sit idly by while wall street steals their money and their futures?

    BTW, I always enjoy when my liberal friends argue for more taxation by pointing out that the tax rate has been much higher in good times. Uh, look at increased state taxes, inflation eating away at disposable cash in the form of insurance, “fees”, gas, cost of homes, university costs, etc. The salient point is that most people simply do not have any additional disposable cash to pay higher tax rates. At the same time, the government refuses to cut their budgets. We have shifted the debts and the ultimate collapse from the individual to the government and WHEN it occurs it will be UGLY!

  • http://Website Name

    Reconcile these forty statistics against the data on this real time chart: http://www.usdebtclock.org/

    It should be completely obvious that the United States has profoundly failed economically, politically and culturally.

    Probably the only way out now is a hostage rescue by the US Military elite forces against the Banksters and their key agents in the government, media and academia.

    Where is George Washington when we need him?

  • Alfred

    The problem is and has always been financial. Do some research and learn how the middle and lower classes have been given a shovel to dig their own graves through their own greed and fears. Years of easy credit leading to excesses and a sharp pullback thereafter. Learn about the money system we have today and you will understand.

    The middle and lower classes in the US have been living beyond their means for a very long time on credit. You cannot expect this to go on forever. Sadly, the US Government is no different.

  • Danni Smith

    Buy American… or don’t buy at all

  • kiwiallegiance

    Queen Elizabeth Fronts for Rothschilds (“Crown”)
    It is accurate to posit that Australia, New Zealand and Canada are not independent, sovereign countries. However, these nations are not owned and run by the UK; they are owned and run by the House of Windsor Crown Temple syndicate within the City of London Corporation. The head signatory of the Crown Temple syndicate is Elizabeth Windsor (Queen Elizabeth II of England).
    It should not be forgotten that the most powerful financial syndicate in the Western World is that of the European Rothschilds. The Rothschilds, because of their power base inside the City of London Corporation, have a controlling membership of the London Crown Temple syndicate, and they also have executive control of the Vatican and the Mafia though the P2 Masonic Lodge in Italy.
    The financial affairs of the new UK coalition government in London are also Rothschild-controlled. The line management here is understood to be Jacob Rothschild > Nathaniel Rothschild (N.M.Rothschild & Sons Limited, New Court, St Swithin’s Lane, London EC4P 4DU) > Oliver Letwin > George Osborne (British Chancellor of the Exchequer).
    Queen Elizabeth II fronts for the Rothschilds. She is the largest landowner on Earth. She is Head of State of the United Kingdom and of thirty one other states and territories, and is the legal owner of 6,600 million acres of land, one sixth of the Earth’s land surface. A conservative estimate of the value of the Crown Temple syndicate’s land holding, under the Queen’s signature, is £17.6 trillion.
    ((I feel it’s about time you beam me up Scotty ! Either let this high galactic crew , dragon 241 tone 7, win lotto and keep winning lotto to give to the masses for a “money stress” free comphrension of our human and planetary thirteen cycle of our orbitting moon every quarter, full, three quarter, no moon which authors like Raoul Dahl write “under the light of the new moon” there is NO MOON in the new moon phase, “hello”. Or we vote John Key in as King of Aotearoa New Zealand and adopt a thirteen moon calendar today tommorrow, the galactic federation out in space might be us in ourselves, we have to be the hero in ourselves perhaps with a wimper of doubt. Either way we as virtuous warriors of truth light honesty, are gratefull with assistance but the fact that the Gregorian Rothchild brain controlling still exist is reason enough to intervene for humanities sake. We as human beings that know the atrocities being perpetrated now and for as long as time has been manipulated, beg for mercy and plead please please for the love of our babies please, im just a father who begs, for the love of our babies. ))

  • Coach

    I completely agree with Greg, the politicians are controlled by a financial elite, who are planning a crisis to consolidate power and wealth. The middle class must go for the reason he said, as the middle class is consuming all of “their” resources. Its crazy sounding but read about the Bilderberg s, Google Bilderberg and read it. All of this is being done deliberately. The financial crisis that is looming is going to be huge and will greatly enhance their power, if we let them get away with it.

  • Kevin

    We need more stories like this. The truth (based on facts, which this article is) will set you free…..

  • jamie curtis

    Depression 2.0!Get ready for it.Gerald Celente says the greatest depression is coming.

  • http://selfgov.us Shawn Aune

    Great article.

    It ended with, “But restoring democratic nationalism in the U.S. would inconvenience America’s affluent minority. So instead of making trouble, maybe most Americans should just find a new continent to call home.”

    The only way to peacefully restore democratic nationalism in the U.S. is via the internet.

  • Myron

    The elite have not only been planning these events currently unfolding in our country, but also shaping an environment which allows such events to be planned and implemented. Control of Media, Government, and nearly all financial resources have allowed a handful of wealthy, powerful, and influential megalomaniacs to implement these crises at will, and with impunity. Moreover, with complete control over our public schools, universities, military and law enforcement, our “way of life” will perpetuate until the eventual collapse of our country forces these “privileged” to either flee to some exotic island; or to side with the serfs and find a scapegoat in which to direct public rage. All of this was not an accident, it was deliberate, and you can take that to the bank (Well, the ones that are still left anyway). Daveco your points are great, and I believe in an uncorrupt system your argument to vote for change is right on the money. However, in a system where truck loads of money are dumped into the pockets of corrupt lawmakers and political charlatans, getting any real change will be very difficult if not impossible at this point. This won’t continue forever, change will come, and it may even get better, but not before much pain and misery has been experienced.

  • EileenRose

    Personally, I am not going to give the people who are disrupting the US economy anymore credit, for anything. If you do not know they exist, go find out.

    But then forget it. You can’t wrap your head around it. I say lets look for answers (this time around) and forget trying to get more agreement that ‘things are bad’. OK, so they are bad, …what can WE DO ABOUT IT?

    At this moment, I find it liberating to stop worrying about how the US economy is doing. Just forget it. It isn’t worth my energy being brought down by government official’s ineptitude and corruption.

    Fire them!

  • ChiefEngineer

    Great article. Timothy Geithner was the NY Federal Reserve Bank chief. He sat there and did and said nothing while Wall Street plundered Main Street. He got rewarded. Alan Greenspan, the genius, right up to the collapse of the Stock Market, and the Bail Outs, said, “…he didn’t see it coming”.

    But many in the real financial world saw in coming years before and said so over and over.

    Many Democratic operatives like Raines, Jaimie Gorlick, Ram Emmanuel were made millionaires under Fannie and Freddie. This was used as a slush fund to ensure silence and reward skulduggery. All at taxpayer expense.

    What we need is special prosecutions for ALL of those who lied, bribed, manipulated, and with malice and forethought destroyed the American economy. That would include the Marxist Billionaires in this country, eg., Soros, Lewis, Sandlers, Buffet, Zukerman, Bing, Geffen, and at least 10 others. Try them for treason and subversion. They are a fifth column, The Enemy Within.

  • Terry D’Ostroph

    Daveco, if voting worked it would be illegal to vote.
    All voting does is change the wolves from time to time, nothing else. Things that are repeated endlessly are usually lies, hmm voting comes instantly to mind.
    Republicrats or Demlicans 2 wings of the same bird of prey. As someone commented here, this is all planned and there is no going back to “good times” stock up on food and ammo, your going to need both.
    Peace in Yahshua!

  • http://timster-howdarei.blogspot.com/ Timster

    I don’t know why everyone keeps crying about the unemployed. They are generally unpleasant people anyway…

  • Rod

    The truth is frightening, as it should be.
    Reality hurts and is going to hurt a LOT more yet as the inevitable economic depression commences.
    Decades of corporate greed, mismanagement, incompetent self-serving politicians, poor credit control and shallow plastic lifestyles are the cause and unfortunately it will take a depression to wake the western world up to the nature of their existence to date. The flow on effects of the west will hit China and emerging countries very hard too as their (western) customer base drops to near zero. Little wonder China is amassing natural resources and other assets in every country to protect themselves when the crash hits.
    As for theories about this all being caused by the global elite, NWO etc – I have yet to see any proof of any of this. No names, no organisations, no documentary proof at all – just speculation and inuendo by the likes of Alex Jones, the master of paranoid conspiracy theories.

    It’s dog eat dog time, so look out for #1. They’re the rules of the day and for the next decade…

  • http://www.slowmoneyfarm.com Jan

    Good info. Have been trying to put together a means for small investors to at least have food but sadly not too many are thinking that now. If a collapse happens it will be too late – the money’s gone as well as precious growing time. I keep hoping there’s even a dozen people out there that are seeing it – but so far it seems the latest reality show or celebrity is doing is more important. :-( People that came through the Depression with “we were poor but…” had 1 thing in common – food source. Today that is taken for granted, with some blaming farmers for being too far away from Manhattan. Being near an available food source is critical. Many cities have less than 3 days worth…and will riot if things go wrong. That puts needing a bailout on a whole new level – but finding people who see it…? Might as well hunt unicorns.

  • Lewis C.

    The destruction of the United States is necessary to force it into a scheme of global governance. When membership in an EU-style regional government, with a regional currency is thrown to us like a life-preserver, the American people will seize on it like a drowning man. They will let us suffer awhile, then unveil our pre-planned salvation. This will be a betrayal of the Constitution, our blueprint for a free society. Those who oppose the globalist coup will be branded “extremists” and “terrorists.” You will see people disappearing in the USA for their political beliefs: the antiConstitutional “Patriot” Act was written for this purpose in mind. Look where the money went: international banks – with anonymous, foreign ownership. We don’t even know the names of the people who are engineering this. Just because you don’t think or plan beyond next month doesn’t mean they don’t: they have a multigenerational mentality and are building a legacy. And they know they have to do it over our dead bodies.

  • Kelly

    I agree with you Greg… What ppl tend to forget is history repeats it’s self over and over again. The U.S. has been changing from a Republic to an Oligarchy for probably 100 years now (as ALL republic’s eventually do) – the economy failing and gaining control over you (ex: Healthcare, Cap-n-Trade) are the finally steps to make this transaction a reality.
    For those of you that think a “Resource Based Society” is possible – I’m afraid that is not a part of the plan.

  • Tokoloshi

    Spot on – Nice one Greg.

    Hopefully they start to wake up to whats really happening VERY soon.

    To rest of you – go check out alternative sources for your info (stop watching the official line / the BS line) because you will get exactly that – BS.

    Also do yourselves a BIG favour and go watch the very informative presentation “Money as Debt” on youtube.

    Happy Days Greg.
    Happy Daze to the rest of you.

  • Tokoloshi

    lol – Americans obsolete – even the Georgia guidestones only allocate place for 500 000 000 people on the planet.
    What are the odds that you are not one of that 500kk?

    Good luck

  • Dave

    Greg,
    You are absolutely right in your assessment of the world political stage, what you have said also applies to the religious scene, which surrounds us. I wish there was more people like you who would take the time to research these subjects before they blurt off at the mouth with there so called expertise. Thanks for comments.

  • http://n/a Karen Hetherington

    When you have 43% of the bottom income earners owning only less than 1% of the country’s wealth, you have a third world country.

    Yes, the globalists want to get rid of 80% of us in a slow kill sort of way.

    But you know what happens when you wish evil on someone, it comes back at you.

  • trevor barnaby

    Dear USA

    you got rich thru innovation. show us some new technology or become a consumer to the world

  • J Stuart

    Let the end come soon so we can get on with maintaining the tree of liberty.

  • Josh

    28 – More than 25 percent of Americans now have a credit score below 599, which means that they are a very bad credit risk.

    What’s that going to do to property values?

  • TripodXL

    Greg,

    Is that grape or strawberry? Did they use the sugar free or regular? I heard they now have some Trilateral berry tea and some CFR citrus, you should try some of those, too.

  • Anonymous TX

    “But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security.”

    -Declaration of Independence; In Congress, July 4, 1776

    It aint King George III anymore people, but its the same idea. We need new guards.

  • John

    If the elite are looking to control this country, how is destroying it going to help them, they lose also.

  • http://countercurrents.com andyroo

    there are too many people…everything else is just right.

  • http://www.lasolascr.com jovan

    This is why a few of us have moved to the beach in Costa Rica. SUSTAINABLE BEACH LIVING I am living in a beautiful beach home for under $159,000 NEW with ocean views-85 mins. to airport. My taxes are zilch, and cost of living, and quality is way better. Plus there is abundance of fresh fruits and vegetables, meats ORGANIC here, and plenty of upside money making opportunity. http://www.youtube.com/user/jovancr

  • Kevin

    The US is collapsing, and feminism has caused it. On that note, continue to give all the women you know more respect then they deserve. Also support breaking the (bogus) glass ceiling and all the other crap that they spew. Have a wonderful day, my fellow American fools….

  • tony arnold

    At this point in the game, since we have chosen to ignore the catastrophe that has incrementally screwed us in ways that are not easy to define to the average idiot on the street.
    No, there are only three things that we need to do to save America:
    Stop buying everything
    Rebuild communities
    expose and eliminate enemies of the Democracy.
    Democracy, by the way, is not a place, it is a practice.

  • praduman

    somehow i feel it serves the U S right
    they will finally learn to mind their own business n concentrate more on their own country rather than bother with other countries
    nothing personal but its just a my view

  • praduman

    the U S has to stop supporting rogue countries like pak otherwise it will have a long lasting effect on their relations with legitimate friendly countries
    countries like pak are termites u will never know how near the end is.

  • Dr J

    The looting of America is taking place ie Wall Street Bailout, right in front of our eyes. Right before a Nation collapses folks raid the banking reserves.

    Btw- As per the 1984 Grace Commission Report findings under then POTUS Ronald Reagan- none of our tax dollars go anywhere except to pay off the debt ie all tax collected by the IRS goes straight to the Federal Reserve Cartel of Bankers to pay off the debt.

  • Hayden Roth

    One more item to add to this list is the stupidity of people willing to pay 6 or 7 times more for a house than it is actually worth.

  • h5mmind

    Here’s an even more gruesome statistic: there are over 40,000 full time lobbyists in DC today, more than double the number from 2007. If you want to know why good jobs, small businesses, domestic manufacturing, and personal freedoms continue to disappear regardless of who you vote for, don’t blame China, or the opposite party– blame the hordes of professional usurpers who stole our government and made it “their” government. Virtually everything that happens in Washington benefits the largest corporations at your expense. We have become so anesthetized to this ongoing larceny that we pretend it’s just the way of the modern world. But don’t kid yourself. It’s the dark alchemy of corporate duplicity mixed with public apathy. We will continue to fund the weapons of our own mass destruction until we decide we prefer peace, prosperity, and freedom. And we will never see any of it until the ‘Armani Army’ is thrown out of Washington for good.

  • X

    Smitty for president.

  • Dave

    Left/right,liberal, communist,libertarian,republican,Blah blah blah!.
    All of our problems can be summed up like this:
    Lazy,economically ignorant people (and their politicians who depend on their votes) wanted something for nothing and got away with it for some time,now reality is arriving and it won’t be papered over with more debt to hide it.

    Fortunately, the constitution ignoring parasites who managed to get this racket going will be the ones hurting the most when the currency is devalued by a factor of 5
    Reality will soon force you lice to work like the rest of us!

  • Harry Canary

    The country started failing when it became an economy of marketeering and salesboys. These people try to crate demand for unnecessary products by lying and twisting truth. They sit around at the golf course getting drunk and slamming the people who work in the factory or construction sites producing the things these leeches use every day. When marketeering became tolerated let alone respected it was the beginning of the end for America as a country. Today sales and marketeering adds far more to the cost of everything we use than the cost of producing it but we still here unions blamed for high costs. Finance also adds more than the cost of production. None of these activities, sales, finance, or marketeering, adds anything of value. They just increase cost. Cut the number of salesboys and their compensation to something the country can actually afford, do the same to the banksters and get the spinmeisters and marketeers out of the rooms where decisions are made and things will start to turn around. Not likely to happen in the near future. As long as the salesboys and marketeers are around do not expect to hear anything but lies.

  • Larry

    We need to all starting buying American made products or not buy at all. Check out http://www.petriot.com on where to find American products.

  • Ariel Gail MacLean

    One significant statistic I never hear reported on is the huge number of unemployed 60-somethings who were forced into early Social Security Retirement before their account matured simply because we could not survive without a job and opted to save our life and be thankful for the lower amount rather than starve and wait for the higher amount. For example, because I could no longer compete in the job market with younger (and cheaper) employees, my only choice was to lock in, at 63, for the rest of my life, to a monthly check of $897, rather than the nearly $1400/month I had long intended to retire on had I been able to remain employed a few years longer. This issue is especially pressing when you consider there are many more females in this predicament than men, and that we (females) almost universally receive 40% to 60% less SS$ than our male counterparts because of the unavoidable reasons we all know. This is creating an almost instantaneous deep poverty class out of the increasingly vulnerable aging population. We are going to need to develop new ways of sharing residences, resources, food, and this will likely occur within a shadow economy because the government has created more ways to discourage entrepreneurship than I can keep up with. My solution has been to devolve my lifestyle (out of my car now and living in a barn), reduce consumption to a notch above camping, and grow as much of your own (and for those around us) food. I started a CSA and grow food for a shrinking group of middle class families, and truck their “Share” of vegetables into the city weekly. Committing to local food security initiatives is only one way to save your own life but it is sure a meaningful one. Oil has peaked….peak water and peak soil and peak food is next….

  • http://www.taxrefusal.com Daniel J. Lavigne

    The Salivators

    Sheep like humanity, howling as wolves.
    To evil deferring, destroying the good.
    As foulmouthed cowards, wasting their breath
    Flashing fools fashions, ignoring the threat,
    Of a flash that will fashion . . . Humanity’s death.

    Copyright Feb. 15, 1988 Daniel J. Lavigne

    Looking Away

    Society’s victims, aloof, askance
    Suffering the poison of indifference.
    Living in violent pinpoint balance,
    In subservience to political whores.
    COWARDS!

    Copyright February 21, 1988 Daniel J. Lavigne
    ******************

    Support The Insanity

    Support The Insanity
    Surrender To Greed
    Pay Fools Taxes
    Heed Profit’s Creeds
    Now Look Around You
    Smell The Slime And The Stink
    Pay All Taxes Promptly?
    Or Learn How To Think?

    Copyright August 8, 1997 Daniel J. Lavigne

    “The Tax Refusal” a way forward by which individuals regain control over their lives:

    http://www.taxrefusal.com

  • Eric

    As Machiavelli made clear, power and control are the objective of the prince. Not compassion and justice. Welcome to the age of Corporatocracy.

  • Johnny de Vulcan

    Sometimes it is necessary to go to the root of the problem; the Rotschilds (adress in Kiwiallegiances post) owns more than 50%s of all wealth on the planet,that includes ALL (but 7) central or National Banks -157- ,largely running the total economy of states all over and printing money out of thin air ,like Schickelgruber did. They own the military-industry and the press – and the politicians. All that wealth carries a lot of responsibility for its use. Will you still send your young people to war so they can spend as much ammunition and tanks and drones etc. as possible so they (Rotshits)can make some more money from replacing it with even more expensive and complicated hardware ,meant only to be destroyed. Seen from the other Universal cultures this is cause of much head-shaking and compassion. We have to solve it ourselves- and as said-the adress is up there in Kiwiallegiances post.P.S.: don´t forget: besides wars they also de-populate us with chem-trails- and lately Corexit in the food-chain. STOP THEM!

  • a guy

    Hmm, so we can’t trust politicians and we can’t trust corporations. OR really, we can’t trust people who aren’t us to be on our side; profit in image or cash is more important to them.

    Obviously, our systems are broken and obsolete. We must create new ones that we CAN control, where EVERYONE has power over their own lives. People are apathetic and “stupid” now, filling voids of meaning with instant gratification, because they can’t affect their own situation; they stop trying to escape the cage around them when they realize they can’t do it alone. But if PEOPLE WORKED TOGETHER, instead of blaming this group or that group or letting this guy or that guy do things for us, and STOP ACCEPTING THE WAY THINGS ARE WITH SHORT-TERM SOLUTIONS and TAKE ACTION, the cage would break.

    Thinking people are “higher” or “lower” than each other, slicing people apart into “us” and “them”, denying that every person on this earth was born from a human mother! Why always “me over you” or “you over me” or “you or me” instead of “us” or “you and me”? Competition is fun for games but it is divisive to absurdity; when it comes to living your life, why can’t we all work together? Is it chaos to trust your neighbors and friends to help you out?

    Do we really need abstract behemoths in countries around the world, with more power than some of the small ones, some with more power than the larger ones, all of which can buy any politician in our country NOW, constantly reinforcing themselves in our daily lives from birth to death, destroying ecosystems that help sustain our life, cutting wages, raising prices, only to get larger and larger as they struggle for the last drop of profit, killing everything around them in the process?

    Why is LOVE so HATED? Why do those in power ignore the suffering of their fellow humans just like most people do? Is it so idealistic to put trust in your fellow man, who suffers like you do when a few people with power use it to scold, imprison, pillage, rape, enslave, and kill you? Why do we always respond with ANGER instead of ACTION, with FEAR instead of RATIONALITY?

    WHY DO WE LET THINGS CONTINUE
    BY DOING NOTHING OURSELVES?

  • stefaan

    hello world. get real. maybe it’s time to review the old capitalism theory…
    you are not alone, and you’re not only in it for the money.
    When will the American people realize that the American dream just happens to selfish bastards, who don’t come near to your true hero attitude.
    believe me I’m not a communist, but your politicians would most likely classify me as such.
    nope, we’re Belgian, we share, and we’re OK, for now.

  • Rob

    Doesn’t matter. The Federal Reserve is privately owned and all you’re seeing is the Fed’s owners tightening the screws because the public protested their enslavement.

    What else is new? It’s happened over and over in US history. The battle for who gets to create and issue the money into circulation.

    Oh well. I don’t rely on the American public for anything. They’re absolutely the dumbest (and most lied to) people on Earth.

  • paul

    debt is slavery. Free yourself. If you cant pay cash for it then u can’t have it. Trade services for tangibles & vice versa. Grow your own asap. When the Nukes go off- don’t panic – the fall out will likely only be a few square miles, besides, death is your friend. Jesus died for you & your sins. Believe it!

  • Richard Bell

    Well, the reality of all this is, the greedy bunch that has all the money and has been responsible for this will be living is total chaos like the rest of society. They will not be protected at all. They will have a VERY rude awakening about how poorly the rest of society lives. I will not matter how much money you have when it has no value whatsoever. If the super rich only paid back what they really truly did steal from the American citizens, this can be avoided, but I fear greed will get in the way, and they too will suffer. This really sucks because no matter how much money you have, you can’t live to be 300 years old. Good luck.

  • Farwell Perry

    FEAR! This answers so many rhetorical questions.

    We have feared the decline of our economy….. yet, I welcome it for the sake of mankind’s awakening.

    Great loss seems to be the mother of realization and we will endure loss. Compassion and awareness of past foolishness and reactivity will make these times easier to bear. FORGIVE and CORRECT.

    Judgment and separation cause suffering. See the people of the world as being just like you , so that you won’t suffer.

  • Eric Keppner

    I think you need to balance this out. For example you are making your case with nothing but negative news. You need to inlcude other facts that are out there and not use old facts like the housing foreclosure listings from 2010. That is true, but not up to date like most of the satistics you are siting. I truly believe we are heading for a collapse as well, but when I educate people on the economy I use current statistics from late 2011 early 2012. You are correct aout the unemployment numbers being screwed. They always have been and that needs to be changed. The true unemployment rate is 22% and that is unacceptable. We are mounting all time debt and that too is unacceptable. Let’s fight this and let’s educate people, but let’s tell the whole truth and use current statistical data.

    Respectfully

    Eric Keppner

  • Eric Keppner

    I do apologize. A Friend pointed out to me that the article was written in 2010. I stand corrected!

  • Common Martian

    I’m a common Martian that arrived a long time ago to this beautiful planet when the USA became the most powerful country through greed over other countries.
    Everybody believed in power and success flirting with the idea to become one of the few “true winners”, a multimillionaire. So, everyone supported this kind of behavior because each felt as a player. The big problem now is that most of the people in the USA don’t want to accept, that “the winners” took their winnings (never mind they cheat or not) to other countries that are more profitable to keep winning in this Monopoly game and become “Masters of the Universe” by being “On top of the food chain”. In the meantime every American still like to play another game as dangerous: Expending money they haven’t earned in things they cannot afford to impress people they do not know.
    Amazing!