As the government becomes more desperate for cash, they will increase the flow of paper money (fiat currency) until the entire financial system becomes insoluble. As the American dollar weakens, foreign countries will sell their bonds (or not renew the purchase of their treasury bills) and flood the market with devalued currency. You can expect inflation like the U.S. has never experienced. The cost of items will skyrocket and your wages will stay the same (or you will be laid off). Those in power will blame the free market and capitalism but the real cause of the fall will be their years of failed economic policies.
Invest in things that are inflation resistant. Learn how to grow food. Buy bulk food and learn how to use it. Get all the education you can. Diversify your income. Learn to do more with less. Avoid Adjustable Rate Mortgages (ARMS), Bonds, and Debt.
America Heading Toward Worse Collapse Than 2008 Warns Peter Schiff
rdmatheny
2012/07/19 19:54:32
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Read More: http://finance.yahoo.com/blogs/breakout/america-he...
Top Opinion
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LibertyCaroline 2012/07/19 20:04:32
White Americans, poor and middle-class alike, receive the vast majority of tax-funded government assistance programs, from monthly assistance to Social Security to food stamps.
TANF (Temporary Assistance for Needy Families), the program that provides aid to single mothers, is the most well-known welfare program, but the truth is that Social Security and Medicare are also social welfare services, funded by tax dollars. >>>To that end, nearly 70 percent of all benefits of these programs go to white people.<<< In fact, since African Americans have lower life expectancy, many work and pay into the Social Security and Medicare programs through their tax dollars, only to have white Americans, who have a longer life expectancy, benefit from the income they've left behind.
http://www.theroot.com/views/...
We need to invest in new sustainable industries that have solid long term job growth potential and if we have to subsidize them like our competitors then so be it
Politicians can't fix the jobs issue, only the consumer can. Consumer demand creates jobs, not governments.
For the foreseeable future the consumer wants to create jobs elsewhere... We have rode this train to far.
The cycle repeated
as explosions broke in the sky
all that I needed
was the one thing I couldn't find
And you were there at the turn
Waiting to let me know
We're building it up
To break it back down
We're building it up
To burn it down
We can't wait
To burn it to the ground
The colors conflicted
As the flames climbed into the clouds
I wanted to fix this, but
Couldn't stop from tearing it down
And you were there at the turn
caught in the burning glow
And I was there at the turn
Waiting to let you know
We're building it up
To break it back down
We're building it up
To burn it down
...................... The elites need to destroy the Old World (watching it burn from their bunkers) so they can build their Phoenix New World on the ashes of us all.
http://vimeo.com/44583147
It is their belief that they must destroy the old, to build in their image. You cannot build upon the destruction of others, and expect paradise. As they believe in their Talmud, there is wisdom, from wisdom comes understanding, from understanding, comes knowledge. It is thier knowledge of control, which is why they call it Make-believe....because we are made to believe they have power and control, but they have on...
The cycle repeated
as explosions broke in the sky
all that I needed
was the one thing I couldn't find
And you were there at the turn
Waiting to let me know
We're building it up
To break it back down
We're building it up
To burn it down
We can't wait
To burn it to the ground
The colors conflicted
As the flames climbed into the clouds
I wanted to fix this, but
Couldn't stop from tearing it down
And you were there at the turn
caught in the burning glow
And I was there at the turn
Waiting to let you know
We're building it up
To break it back down
We're building it up
To burn it down
...................... The elites need to destroy the Old World (watching it burn from their bunkers) so they can build their Phoenix New World on the ashes of us all.
http://vimeo.com/44583147
It is their belief that they must destroy the old, to build in their image. You cannot build upon the destruction of others, and expect paradise. As they believe in their Talmud, there is wisdom, from wisdom comes understanding, from understanding, comes knowledge. It is thier knowledge of control, which is why they call it Make-believe....because we are made to believe they have power and control, but they have only lies of the Wizard of Oz...the illusion.
VOTE NOV......and who cares about the birth certificate......it's where MR "O" Lives
1. Total OBSTRUCTION by the Republican Congress to help the Country Come back Economically. The Tea Party was ready to LET THE COUNTRY SLIDE OFF THE CLIFF ON THE DEBT Ceiling Debate, and are Threatening to Do so Again.
2. Total SABOTAGING of a Sitting Presidents Programs to help the Economy recover based on their Recklessness the Previous last 8 Years of the Bush Administration
3. Wars for no other reason then to feed the Industrial War Complex at the expense of the rest County's needs.
4. Republican ZEALOUSNESS in NO REGULATIONS on Banks, Wall Street, Corporations while they use RECKLESSNESS to play with other people's money, and no one goes to Jail and it its just an "OPPS", and Ordinary people are WIPED OUT, and Governments Collapse, while the Executives go home with even BIGGER BONUSES.
5. Government has always Stimulated Jobs and Economic Growth, the Republican Party has PUT A TOTAL STOP to this type Economic Recovery.
6. The Republicans have PRACTICALLY or at LEAST KEEP TRYING to turn the Voters against their OWN Government, this Drum Roll that Government is the Problem, when in FACT it is REPUBLICANS who REFUSE TO HELP G...
1. Total OBSTRUCTION by the Republican Congress to help the Country Come back Economically. The Tea Party was ready to LET THE COUNTRY SLIDE OFF THE CLIFF ON THE DEBT Ceiling Debate, and are Threatening to Do so Again.
2. Total SABOTAGING of a Sitting Presidents Programs to help the Economy recover based on their Recklessness the Previous last 8 Years of the Bush Administration
3. Wars for no other reason then to feed the Industrial War Complex at the expense of the rest County's needs.
4. Republican ZEALOUSNESS in NO REGULATIONS on Banks, Wall Street, Corporations while they use RECKLESSNESS to play with other people's money, and no one goes to Jail and it its just an "OPPS", and Ordinary people are WIPED OUT, and Governments Collapse, while the Executives go home with even BIGGER BONUSES.
5. Government has always Stimulated Jobs and Economic Growth, the Republican Party has PUT A TOTAL STOP to this type Economic Recovery.
6. The Republicans have PRACTICALLY or at LEAST KEEP TRYING to turn the Voters against their OWN Government, this Drum Roll that Government is the Problem, when in FACT it is REPUBLICANS who REFUSE TO HELP GOVERN the Country, as long as President Obama is in Office. Republicans want to CUT, CUT, CUT except Freebies to the Rich and Corporations.
7. WHERE ARE THE JOBS, since that is THE Theme of their message to get into office.
8. Republicans Refuse to VOTE FOR ANY JOBS BILLS. Infrastructure Comes to mind.
9.WHY DO REPUBLICANS HATE TEACHERS? It is as if they want to Dumb Down the Country.
10. They have hamstrung the States with DRACONIAN CUTS so, Government Workers, the backbone of the Taxpaying Middleclass are being WIPED out of existence with their Polices. The Republican Governors TURNING DOWN FEDERAL FUNDS to help the people of their States, because Barack Obama is President. It is so awful that these Governors are even telling their Sick poor of their States to just GO AHEAD AND DIE, because we will not implement the Health Care Bill and ACCEPT Medicaid Money.
NOW the Republicans are asking you, who like Romney to VOTE for a man who will not show his Tax Returns and PROVE OR NOT PROVE what a Stand up Citizen he is, but just Trust HIM and make him President, while he hides Money Off Shore from the Country he loves more than President Obama.
This is only a few of the things Wrong with the Republican Party. A Party that use to CARE ABOUT GOVERNING the Country before the Racist, Bigoted DARK SIDE TOOK OVER. Now the GOP WOULD RATHER BURN the Country down then to help to fix it. To help a CLUELESS RICH GUY become President.
All of he above is certainly a RECIPE for Decline of a once Great Nation, if This OBSTRUCTIONISM by One Party Refusing to Help Govern the Country.
This is part of parcel of the Right Agenda to DIVIDE AND CONQUER! Ordinary Americans.
People who actually have lived in a Marxist Society would probably look at you as some type of Sycophant as an American and LAUGH YOU out OF THE ROOM.
Why don't you throw in the Words FREEBIES AND ENTITLEMENTS, Fascist, Socialist while you are at it they are favorite Right Wing Words also.
No more comments from me, even if you want the last word. Honest Debates is not part of your way to have yourself heard without insults and stupid words.
Lets take number 8 here ok you said and I quote
"Republicans Refuse to VOTE FOR ANY JOBS BILLS. Infrastructure Comes to mind"
NOW lets show you don't know what your talking about.
The Senate voted 73 to 26 to approve the JOBS Act, this was on 4-22-2012. Not 73 Democrats in the Senate is there?
http://www.nytimes.com/2012/0...
couple more ok The House passed three more common-sense jobs bills last week, bringing the current number of jobs bills awaiting a vote in the Democratic-controlled Senate to 25
http://www.speaker.gov/genera...
The Restarting American Offshore Leasing Now Act (H.R. 1230),
The Jobs and Energy Permitting Act of 2011 (H.R. 2021
The North American-Made Energy Security Act (H.R. 1938),
The Putting the Gulf of Mexico Back to Work Act (H.R. 1229)
The Reducing Regulatory Burdens Act (H.R. 872),
All blocked in a Democrat controlled Senate
http://cnsnews.com/news/artic...
Thats just number 8 want me to do the rest????
AGAIN OWNED soon you will block me lol
Lets take number 8 here ok you said and I quote
"Republicans Refuse to VOTE FOR ANY JOBS BILLS. Infrastructure Comes to mind"
NOW lets show you don't know what your talking about.
The Senate voted 73 to 26 to approve the JOBS Act, this was on 4-22-2012. Not 73 Democrats in the Senate is there?
http://www.nytimes.com/2012/0...
couple more ok The House passed three more common-sense jobs bills last week, bringing the current number of jobs bills awaiting a vote in the Democratic-controlled Senate to 25
http://www.speaker.gov/genera...
The Restarting American Offshore Leasing Now Act (H.R. 1230),
The Jobs and Energy Permitting Act of 2011 (H.R. 2021
The North American-Made Energy Security Act (H.R. 1938),
The Putting the Gulf of Mexico Back to Work Act (H.R. 1229)
The Reducing Regulatory Burdens Act (H.R. 872),
All blocked in a Democrat controlled Senate
http://cnsnews.com/news/artic...
Thats just number 8 want me to do the rest????
AGAIN OWNED soon you will block me lol
a very distinct difference between them. odumbo wants more *Big Government"
and more *Entitlements*. He seems to want more citizens dependant on the
government otherwise known as *Free Stuff*. Romney is for a more *Capitalistic
system. By the way *Capitalistic* is NOT a bad word, neither is rewarding hard
work and making *It Big* (RICH!)
http://www.nber.org/
Last Four Recessions and their Durations
12/07 - 6/09 18 months
1. Weekly jobless claims shot up to 386,000.
2. Foreclosures are hitting our most vulnerable citizens.
3. Factory activity contracted for a second month in a row.
4. Home sales dropped a whopping 5.4% -- the biggest drop in nine months.
5. Retail sales dropped for the third straight month.
6. Consumer confidence dipped to 84.7.
7. U.S. business inventories increased by .3%...
8. …sales dropped .1%.
9. Food prices are skyrocketing.
10. More Americans are getting federal disability than jobs.
Invest in things that are inflation resistant. Learn how to grow food. Buy bulk food and learn how to use it. Get all the education you can. Diversify your income. Learn to do more with less. Avoid Adjustable Rate Mortgages (ARMS), Bonds, and Debt.