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Washington is Powerless to Stop the Coming Economic Depression
- Text size
Barbara L. Minton
Natural News
November 14, 2008
The U.S. is in the grip of fear. People are so worried about the collapse of the economy that they’ve stopped going to the mall, and they’re cutting every expense they can think of to save money for the hard times ahead. They’ve even stopped going to Starbucks. Bankers too have pulled their purse strings closed and refused to lend anything to anyone. Investors have been selling their stocks and converting what’s left of their retirement accounts to cash that can be horded in a safe. Even the usually optimistic media now wonders if America is sinking into a depression. Everyone is waiting for Washington to do something to end the crisis and get the country back on track. But the truth is that even with its new administration, Washington is no more able to save the U.S. from depression now than it was in the 1930’s.
Today’s Americans have lived through unprecedented good times
Most Americans alive today have never witnessed a depression. They have lived through an unprecedented period of good times characterized by a predominance of peace, economic expansion and easy credit. Sure there were a few recessions along the way, but the general growth trend remained intact. People felt confident that this trend would continue, with each generation envisioning an even better future for its children.
People have come to think of wealth as ever-expanding. They have seen each year on the job entitling them to a raise, and the purchase of a house entitling them to capital gains. They have eschewed “safe” investments like certificates of deposit and government bonds, believing investment in stocks could pave the way to an early and cushy retirement. For many years Americans have contemplated their future with complacency. It’s been a great time to be alive, but good times always come to an end.
What is an economic depression?
A depression is a severe downturn in economic activity that lasts for several years. It is a period during which the economy fails to grow at all and actually shrinks. The last depression, named The Great Depression, began in 1929 and lasted ten years. Several years during this period experienced huge economic shrinkage:
1930 -8.6%
1931 -6.4%
1932 -13%
1933 -1.3%
The unemployment rate during this time rose to 25%, and wages for those who still had jobs fell 42%. Total U.S. economic output fell from $103 billion to $55 billion and world trade sank 65% as measured in dollars. For many people during this period it was not a question of whether they could afford the latest styles for their children. It was a question of whether they were able to provide their families with a few potatoes to eat.
Like the coming depression of today, the Great Depression followed a period of monetary expansion and easy credit that sparked a real estate boom. Just like today, many people moved into mansions and bought stocks believing that the market had no way to go but up. During the period from October, 1929 to July, 1932 the Dow Jones Industrial Average fell from about 375 to 48, a decline of 89%. The Dow did not regain the levels seen in 1929 until 1954, and that was only as a result of World War II. Without the war, the downturn would have lasted longer.
Why did it get so bad? Many people think that the monetary policies of the Hoover administration were to blame. Instead of pumping money into the economy and increasing the money supply, the Federal Reserve allowed the money supply to fall by 30%. The “New Deal” period created many government programs geared to ending the Depression, but unemployment remained in the double-digits until 1941, when the outbreak of World War II created defense-related jobs.
Today it is believed that another depression of this magnitude cannot happen because those in charge of monetary policy paid attention to the lessons learned from the Great Depression. People believe that laws and government agencies exist to prevent that type of cataclysmic economic pain from happening again. But the fact is that Washington cannot save the world from the coming depression, and here’s why:
The debt crisis is too big to be controlled by the U.S. government
- A d v e r t i s e m e n t
Right now the government owes its creditors $52 trillion in interest-bearing debts. Based on estimates from the U.S. Government Accountability Office, there is another $60 trillion in contingency debts and obligations such as Social Security, Medicare and guaranteed pensions. Add to that $596 trillion (more than half a quadrillion) that represents the total value of U.S. debts and derivatives placed worldwide.
These are the numbers that are on the table as of now. They don’t include the increasing line-up of companies doomed to fail, such as General Motors and Ford or the increasing need for handouts to companies already on the list of the “too large to fail”, such as AIG. As times get harder for all Americans, more and more companies will begin to fail and look to the government to save them. The precedent has been set. The list also does not include the mortgages that will implode when the second leg of house price declines kicks in following increased job loss. The figures also don’t include government handouts to those whose families are hungry because the parents are unemployed.
Now, consider that even after the additions to the ever lengthening list of pledged government bailouts in recent months, the total amount of rescue money announced in the U.S. so far is $2.7 trillion, a huge sum but miniscule in comparison to the massive debt that needs to be accounted for.
Yet the mantra still exists that Washington can save us from another Great Depression because they won’t repeat history and make the mistakes that were made in the 1930’s. Americans continue to think that Great Depression Part II will not come to pass. It’s time for Americans to start adding up the numbers and drawing some conclusions.
Washington is powerless to raise the kind of money needed without borrowing
The U.S. economy is like a ship that has struck an iceberg and is taking on water. With the economy sinking, Washington is unable to fund the bailouts and reign in the debt with higher taxes. Higher taxes would crimp even more the amount of money available to be spent by consumers to keep the economy propped up. And as more and more people lose their jobs, the tax base gets smaller and smaller.
Many people think it is no problem for Washington to get its hands on money since it owns the printing presses. This would be the easiest solution to the problem – print up huge amounts of money and cause hyperinflation. That would solve everything. Salaries would increase and therefore taxes would increase. GDP would expand in dollar terms and the debt would begin to seem small since it would have been conceived in “old dollars”, and the “new dollars” would be hyperinflated. But this won’t work because a huge amount of U.S. debt is held by foreign creditors who have insisted on stability for their investments. There is no way they would stand for the U.S. launching a mode of hyperinflation because it would drastically decrease their value of their holdings. Right now these foreign debt holders are the country’s benefactors. Without them, American is sunk. They are calling the shots and America is scrambling to keep them happy.
There is nothing for the government to do but go out into the world with its hat in its hands and try to borrow more money. In fact, this has already started with the borrowing of $550 trillion dollars in the fourth quarter of this year, more than the entire deficit of fiscal year 2008. According to Goldman Sachs, the immediate needs of the Treasury will be a whopping $2 trillion to finance the bailouts, the existing deficit, and the next refunding.
This huge refunding of the federal deficit will result in an avalanche of new Treasury securities that have to be sold to someone. In order to beat the bushes for buyers in these skittish times, the Treasury will have to increase the interest rates offered on these securities, adding even more fuel to the debt fire.
Americans realize they have too little savings and too much debt
The reason given to Congress as need for speedy approval of the bailout was that without it, no one would be able to get a loan. The specter of the masses with their credit cards planted firmly on their hips was a scary thought to the Secretary of the Treasury and the Fed Chairman. Washington needs consumers to borrow more, spend more, and save less. But consumers are doing just the opposite. Recent sales figures point to a collapse in retail sales.
Washington is pushing bankers to lend, but they won’t do it. It’s as though everyone has been slapped in the face with cold water. As a result, the economy is left to fall on its face. It is this coming together of debt and deflation that makes a depression inevitable. It’s what happened in the 1930’s and it’s what is happening now.
Debt and deflation produce a powerful downward spiral
The downward spiral is across many areas and will inevitably encompass most of American life. Consumers and businesses slash spending and lay off workers, leading to fewer consumers with money to spend at the businesses, resulting in the need to lay off more workers and so on. Mortgage delinquencies and foreclosures bring on selling of more real estate, driving the prices lower and lower. These falling prices then bring on more mortgage defaults. Fear of bankruptcy forces selling of stocks in companies, and the selling of stocks brings on more bankruptcies. It is the inevitable unwinding of the good times that lasted for 30 years. It will take awhile for all this unwinding to play itself out. The unwinding of the Great Depression took 10 years and the debt overhang was nothing like it is today.
Source for facts about the Great Depression:
Kimberly Amadeo, “What is a Depression?”, About.com US Economy.
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November 14th, 2008 at 6:22 pm
Thank Gawd my house is paid for and I grow veggies! No problem me and my guns can’t handle!
November 14th, 2008 at 7:06 pm
I’m glad for you. Our home isn’t paid for, and our garden would not grow this year. We are talking about bringing our kids back home to help all of us out. Our home isn’t really big enough to house the four families, it will be tight. But it’s the biggest one out of the four. Nobody want that to happen, but we all know it may come down to that. At least we’re all close.
November 14th, 2008 at 7:17 pm
Some are not in good positions. I know my house is not paid for, but that I cannot worry about. I figure it this way I have weapons, and will do what I must to survive. People have no idea how bad it will get, but well they wil wake up soon.
Wait until the are hungry, then they will be willing to fight. When they are taken to the camps they will be willing to fight.
Washington will do nothing because they are part of the cause, and we are moving right into the one world government, and this is only the beginning.
By the way you may own your own home, but they can take it if you can’t pay taxes. I bet the taxes are going to go sky high on homes in the next year or so.
November 14th, 2008 at 7:21 pm
Dealing in trillions of dollars makes me uncomfortable. A trillion here, a trillion there, before you know it, you’re talking real money.
November 14th, 2008 at 7:23 pm
HERE IS THEIR PLAN ANYTHING ELSE THEY SAY IS BULL.
http://www.fas.org/spp/militar...../a-f-6.htm
THE RECESSION SCHEDULED AND PLANNED FOR 2009 WORKED JUST A LITTLE TOO WELL.
LOOKS LIKE THEIR PLAN FOR THE REAL DEPRESSION IS AHEAD OF SCHEDULE BY ABOUT 4 YEARS…
P.S. FAS.ORG MAKES A GREAT SOURCE FOR SEARCHING ALMOST ANYTHING GOVERNMENT.
November 14th, 2008 at 7:48 pm
Thats why I say go solar and make your own electricity, and live off the grid:
From this you can power your own stuff, even your car if its electric…!
Make your own solar panels and windmills
http://www.solarpower-windenergy.com
November 14th, 2008 at 8:39 pm
Food . . . Fire Arms . . . Prayer. Keep the faith. But the Lord helps those who help themsleves.
November 14th, 2008 at 8:50 pm
HaHa…you and your gun against 6 gang member criminals that want what you have. They are more motivated than youy because they have more to gain than to lose…hahahaha…GOOD LUCK BUDDY! You better start your own community gang.
November 14th, 2008 at 8:57 pm
We need to wake up, if you tell most americans some of this stuff, they’ll think you’re crazy. But the truth is that the Rockefellers have been very powerful for more than 100+ years and they’re plans for the world seems to be working. They rule the world, so people let’s start thinking and eliminate these evil people.
November 14th, 2008 at 9:08 pm
The absolute LIES that are being spewed by the pundits make me SICK!!!!
The very problem in this country are the Fucking politicians that have been payed off by the CORPORATIONS and the FEDERAL RESERVE to go along with this Global Dominance plan.
You had better be prepared for the coming onslaught of death and destruction that will be at your front doors very soon.
This IS NOT A GAME, This is REALITY PEOPLE!! WAKE THE FUCK UP!!! YOUR LIFE DEPENDS ON IT!
November 14th, 2008 at 9:19 pm
#8 I’m not sure if you’ve ever fired a .50 cal or other rifle. Many are effective at over 1000yards. That’s 3000 feet. Besides that, I am not a city dweller. Gang members ar not prevalent in my area. Point taken that angry mobs pose a problem while looking for food. But I can’t imagine these mobs will be pulling off precesion military style ops. They will have torches & pitch forks & hand guns.
And I am starting a “gang” not a criminal gang. But a group of like minded folks who beileve in soverignty. Teh community can be strong. The only reason these gangs are so powerfull is two fold. First, with a lack of a male figre in their lives, & a weak family structure, they turn to the gang where the othe will literally kill for them. They get loyalty. Also, the family & community structure is fractured, so no one is willing to stand up. Now the gangs are substitute family & they act like it, & fight for their soverignty. The gangs can actually be a force for good, once they realize they are being used.
November 14th, 2008 at 10:37 pm
The so-called Great Depression of the 1930s was like other depressions (yes, there have been several). A depression is a series of recessions separated by disappointing recoveries. Imagine a recession that ends without a recovery, followed by another recession, still no recovery, followed by yet another recession. That is a depression.
A better comparison will prove to be the Long Depression of 1870s, rather than the Great Depression of the 1930s. The US is no longer an industrialized (manufacturing) economy. Less than 10 percent of the workforce is manufacturing, a figure not matched since the early 1940s.
November 14th, 2008 at 10:42 pm
#9 Lee, your talking crazy talk now buddy. get ahold of yourself!!
November 14th, 2008 at 10:45 pm
You can survive this thing. Learn to trade futures and options. We know the market will go down. We know gold will go up. Since October 1st I’ve made over a 500% return on my investments by buying put options in the SPY (that’s an ETF that trades the S&P 500).
I will be looking for some property this next summer when prices should be nice. Then I’ll grow fruits and vegetables and raise chickens. I’ll build a few Solar panels and wind generators (or at least try to) so I’ll at least have energy for a few outlets. I plan on building the food storage in the up coming months.
And of course before Obama takes office I’ll be building up my gun and ammo supply.
There are people that survived the Great Depression. Learn what they did. I highly suggest trading futures and options but you MUST study first. Commodities never go bankrupt, just up and down and you can profit in both directions.
Oh and this should have been first on my list, read your bible and pray to God. Without him you will be lost. I’ve just recently returned to him and know be close to him will be important for survival.
Good luck everyone and God Bless us all!!!
November 14th, 2008 at 10:50 pm
To Fellow Posters: Your guns will not keep you safe, nor will they save you, nor will they feed you. Your guns will make it easier for you to be found and eliminated. Save your money for other things. We have known for two centuries that a “trembling defense” in our fortress homes does not work, nor does it enable us to prevail.
If you stock food and water, other people will consume it, even if they do not thank you. The more you accumulate, the more undesirables you will be attracted to your location, and the more desperate they will be to take what you have stored. You should be thinking in terms of how you will get the food and water of your enemy. Now you have the correct attitude.
Never let the enemy decide when and where the battle will begin, or how it will be fought, or when it will be over. Deal with the enemy on your own terms and your own timetable. Never let them know you are coming.
November 14th, 2008 at 11:10 pm
I can’t wait until next summer when all those sheeple voted for obama thinking there gonna get tax breaks, and the economy fixed. Instead they will be taking their family vacations in their backyard.
What will they say then?
November 14th, 2008 at 11:45 pm
Survivor…#14,,,I don’t think we have enough time. It’s too late in the game and there aren’t enough patriots to defend what’s coming our way. It could be as early as December of this year for the false flag attack. We might as well admit that all of us that read AJ and keep up on what’s really going on, have not taken true action to thwart what the NWO is bringing our way. Bush even stated several months after 911 for people not to be carried away or duped by conspiracy theories. It worked. Conservative, well-meaning patriotic people trusted what Bush said. Most still can’t grasp the notion that their own government killed several thousand people in one day and thousands if not millions more in Afghanistan and Iraq. It’s not going to stop. It’s just the beginning…if you are a survivor, just pray your not in the next kill zone brought to you by the neocons of America.
November 15th, 2008 at 12:02 am
FDR did not bring a halt to the Great Depression. He only prolonged it long enough so that the American people would be happy to get out of the doldrums by going to war on two sides of the world, helping to bring about furthering the New World Order.
November 15th, 2008 at 12:08 am
Well you better have your own seeds to grow with and not the suicide seeds of the corps.
Depression is one thing. That can be survived.
I am worried about the terror attacks NWO will launch on us to realize their goal of 90% depopulation. I am sure they have the alloted percentage of dead per country already plotted out. One guess is phases of looting- civil war- where we kill each other for resrources like Iraq- they’ll lvoe that!. Then nukes, famine and when weakened sufficiently- bio/germ invasions and dispersal. Chemtrails, water supply etc. FOr those too out of line? The red and blue FEMA camps.
November 15th, 2008 at 12:39 am
In the beginning of a change the patriot is a scarce man, and brave, and hated and scorned. When his cause succeeds, the timid join him, for then it costs nothing to be a patriot.
November 15th, 2008 at 12:45 am
a thing that might have escaped attention is the addiction to gambeling
we are seeing here a compusion to hit the BIG ONE
noting other adictions have taxes
[smoking and booze are taxed 100% ,here in oz]
i suggest there is no difference speculating on horses or the stock [markets]
time to pay the piper
here is an idea [give ALL aid to the people]
to buy up the stock WE CHOSE
full disclosure by the media insures informed concent
November 15th, 2008 at 1:50 am
I call it the Titanic-mentality. It was ‘believed’ the titanic was unsinkable. Nature proved them wrong. There is always great pride before a fall – in fact it is a definite sign of a pending fall and the NWO is not immune. Just as we’re all subject to the law of gravity regardless of who we are, the same rule applies to spiritual laws – we’re all servants and if we break those laws there is a penalty. The NWO and many of us included, have lived a life of selfishness, greed, envy, gluttony, false pride, arrogance, immorality, deceit and worshipped the almighty dollar in place of the Creator of the universe. The laws have been broken and now its time to pay the price. The Creator is not so much punishing us as we are punishing ourselves, due to our failure to learn from history and forgetting our humble place in this mysterious Universe, and we will continue to reap the consequences of our actions until we learn to make wiser choices as individuals and enmasse. Reality is created from the inside out, not the other way around. Each and every one of us alive right now in this experience is here for a reason. We are granted the gift of life not to complain about its weaknesses and faults, but to better contribute to it’s strengths and the making of a better world. Every hardship is an opportunity. The NWO is our challenge to be better human beings. Evil is not an independent entity unto itself – it is a choice. Now that we know what the wrong choices can bring, will we make the right ones for a better future?
November 15th, 2008 at 8:47 am
Wow! This site is infested with MORONS.
November 15th, 2008 at 9:04 am
I believe that the upcoming planned economic depression will be far worse that the one that the US experienced in the 1930s,because we live in a global society and markets that are all intertwined together.If the US had a depression so will most of the world feel its effects also.Also,terrorism,will hit the US with more intense strikes,since our vunderability will be greater.The attack on 9-11 will be nothing compared to what is planned on american soil.
November 15th, 2008 at 9:04 am
Hey Patriot.. Please give credit where credit is due. The quote you posted is a good one, but you should have given credit to its author… Mark Twain
In the beginning of a change the patriot is a scarce man, and brave, and hated and scorned. When his cause succeeds, the timid join him, for then it costs nothing to be a patriot. –Mark Twain
Another favorite Mark Twain quote is, “It is best to keep your mouth shut and be presumed ignorant than to open it and remove all doubt.” Many of the people posting on this board could profit from this quote!
One of my very favorite Mark Twain quotes is, “Let us be thankful for the fools. But for them the rest of us could not succeed.”
Have a nice day! –quoted from Forrest Gump
November 15th, 2008 at 10:36 am
Our Lord and God the Father are not happy in the most part with these countries (US & UK).
The wealth accumulated by this 2 country this century was basically blood money from the wars, crimes, injustices, and murders of innocent lives all over the world Who knows how many suffered? Maybe into the billion.
Innocent men, women, and children dead or limbless in Iraq, Afghanistan, and others cried out to the Lord for justice but too many people in these 2 countries went along with their ‘united-we-stand’ killing complacency by their governments.
God has judged! Amen!
November 15th, 2008 at 10:49 am
America elected a piece of trash as president ( Obama) and they really think he is going to save them. The only thing Obama is going to do is destroy America and it’s people. Obama and his wife hate America and the people that voted for him need to set back and watch what they did to this great country.
November 15th, 2008 at 11:09 am
Washington powerless? I think not. Are the people powerless? No. To suggest such a thing would be ridiculous. Who is powerless are the suits in charge of OUR corporation known as The United States. The very PEOPLE we hired by our vote (…or so we’d like to think). They are powerless because they have less power than the people signing their checks…which is US…the people.
If you want to gain control of your little (haha) corporation, you might try working on refraining from signing credit and loan applications that you can’t afford, in order to borrow money from yourself with interest. That’s just plain stupid. Reduce waste in your own home, life, family, budgets, bodies. Start there and than maybe we’ll have some idea what task this government has chosen to undertake and endure. If you can do it…so can they. It’s what they were hired to do anyways. It’s up to US to keep them ON TASK and held accountable for their actions. Its only when we don’t exert this power in ourselves that governments get out of control. Now they have their dirty little fingers in our pies. Don’t you just hate that?
Powerless…I think not.
November 15th, 2008 at 12:17 pm
Washington doesn’t want to solve this mess. It helped create it. On purpose. What it wants now is to bring Americans to their knees begging for a global solution and World Government. And that’s exactly what we’re going to get. This is a well orchestrated plan that’s been hatching for a very long time. The forces of evil are operating at full throttle now. We are at the end of history. And it’s a good thing. Mankind’s rule is almost over.
November 15th, 2008 at 1:44 pm
dont knock obama, that poor basterd is gonna be the fall guy for the master plan.
wait and see
November 15th, 2008 at 2:01 pm
Washington D.C. IS powerless only in terms of doing any thing helpful for the American people. They are powerless to abolish the 16th amendment because the INVISIBLE GOVERNMENT needs our hard earned money to wage their wars of aggression and maintain the EMPIRE of bases around the world. However the DISTRICT OF CORRUPTION has full power to siphon $700 billion from the American people and place it in the coffers of the Financial HItmen on Wallstreet. They are powerless to do anything that will benefit us. They are powerless to close our borders. Powerless to revive manufacturing in the U.S because their Illuminati/corporate masters desire exploited laborers beyond our borders who dont have the right to organize. On the other hand they had FULL POWER to pass the PAtriot ACT and FISA BILL , bringing us closer to the ORWELLIAN STATE. They are not powerless per se. Just powerless to restrain corporations that rule them.
November 15th, 2008 at 2:15 pm
ehh #31 Old Barkey isn’t gonna be a innocent victim in all this. Look at who he is surrounding himself with. Old school politicians from previous administrations. Brezinski, Emmanuel etc. These guys are career. Z BIG since the damn Nixon administration. What kind of “change” do you Obamaites expect exactly? Even if you assume Obama is Altruistic, which I don’t believe for a second, but even if you do, what good change is coming with all of these old agenda’s. If I was a Obama believer, I would be disappointed already. No fresh ideas, no different thinking.
November 15th, 2008 at 3:10 pm
He so badly wanted the job I hope he begins to see the reality of things, he probably has noooooo idea what hes in for!!!
November 15th, 2008 at 3:18 pm
woe unto the rich for their gold and silver are turned to rust
and their clothes are moth eaten
weep and howl you rich men for the miseries that will come upon you
YOU DESERVE EVERY THING YOU GET
November 15th, 2008 at 3:48 pm
Fear is weakness, as is all negative emotions.
These people are here to sow negative emotions in the populace. Its all black magick at a large scale. The more people thinking the more negative emotions, the more negativity it creates. Be aware, be strong, have hope, love thy neighbor, and work together and we’ll overcome. Don’t give in!
November 15th, 2008 at 6:01 pm
Is there anybody paying attention to this that does now want all their money in gold and silver?
November 15th, 2008 at 8:44 pm
Washington is powerless? Poppycock. The leaders of the democrat/republican occult are guiding this country towards the Final Solution.
Remember, The Titanic was sunk by a series of explosions. The iceberg was a patsy.
-John Jacob Astor
November 15th, 2008 at 10:03 pm
#24 GO FUCK YOURSELF
November 15th, 2008 at 10:39 pm
Alex Jones – World Government Emerges
http://ca.youtube.com/watch?v=_BcPYBBlqb8
November 15th, 2008 at 10:52 pm
Americans should start preparing now. Gather up friends, relatives, neighbours etc and implement a bartering system amongst yourselves. Find people who grow vegetables, a rancher who can butcher a steer for you all and include someone with medical or nursing knowledge. You will need these people. Find someone with room to have pidgeon coops; you may need to breed pidgeons for protein. Find compatible people to share homes with and increase your home security measures. (There will be desperate people out there looking for food and shelter.) Make sure you have a reliable sturdy car for possible long travel.
November 15th, 2008 at 11:04 pm
“…The Harvard Economic Research Project (1948-) was an extension of World War II Operations Research. Its purpose was to discover the science of controlling an economy: at first the American economy, and then the world economy. It was felt that with sufficient mathematical foundation and data, it would be nearly as easy to predict and control the trend of an economy as to predict and control the trajectory of a projectile. Such has proven to be the case. Moreover, the economy has been transformed into a guided missle on target.” -From “Silent Weapons for Quiet Wars”
November 16th, 2008 at 12:16 am
REMINDS ME OF A STORY I READ IN OUR LOCAL PAPER OF A SUIT BEING BROUGHT AGAINST A CERTAIN POLICE DEPT. THE TEENAGERS ARE SUING FOR GOLD COINS INSTEAD OF CASH. MOST OF THE COMMENTERS ON THAT SITE RIDICULED AND CALLED THEM CRAZY. I HOWEVER UNDERSTOOD.
November 16th, 2008 at 12:42 am
#4 Tom, the last update of that article was 1996 September 15, and they predicted that the depression started when the national debt reached $10 trillion. We reached that earlier this year.
The other article by Roubini is calling this a severe recession. Which is it?
#15 Wow good thinking, sounds Machievellian.
#23 Great post. Wise and discerning you would make a good leader.
For me I see time as a river that sometimes widens out and things seem slow, calm and peaceful (past 60 years or so) and then suddenly time enters a very narrow canyon and the velocity of the flow speeds up and forms vicious rapids and currents where major events happen daily. I think we are headed into the canyon.
November 16th, 2008 at 8:58 am
Oh, and another thing. Remember a few years ago when members of congress railed against the IRS and talked about possibly getting rid of it? Whatever happened to that? It was all for show; sound and fury signifying nothing. Getting rid of a bunch of government agencies, starting with the IRS, would greatly help. But again, obviously, they won’t do that.
November 16th, 2008 at 10:12 am
HUH? What happened to my first post? The second post I made showed up, but the first one didn’t. The first post should have been #46 and the second one #47. Weird.
November 16th, 2008 at 11:26 am
Did you get it figured out #47.
There’s a sentence next to the submit comment button. People should read it.
November 16th, 2008 at 1:50 pm
exellent artical…
November 16th, 2008 at 4:35 pm
Gold and siler myth (#48): I am well aware of what it says. It doesn’t make sense that my fisrst comment wouldn’t show up but my second comment posted just seconds later would. And so far, my first comment still hasn’t shown up and probably never will.
November 16th, 2008 at 5:16 pm
eating pidgeons,.,.? maybe an ingenious sort will come up with ” pidgeon helper”
there are lots of pidgeons toooo many,. and with proper seasoning this could be a new gourmet delight,.
November 16th, 2008 at 7:05 pm
If those numbers reflect a depression then what do you call what is happening in Iraq and Africa?
A very serious severe depression is just what america needs. Just think how much easier things would be if mass numbers of trendies, yuppies, mindless sports fans, right and left wingers starved to death or killed eachother off fighting over which of them is dumber. Then some progress could be made.
Last week at work I encountered a couple of people who were pretty pissed off about having their money stolen from them in the markets and how freedom in general is shrinking. Trust me, these were 2 people who did not want to hear anything about 9/11 or the NWO a couple years ago. They started venting their frustrations to me and I pretty much told them to fuck off and go cry somewhere else.
They don’t have the humanity to care about Iraqi kids being blown to pieces but I’m supposed to listen to them cry about their fucking money. I realized at that moment that these people are pure fucking trash and they deserve a lot more than they are getting from the NWO. I want to see all the yuppy fuckers suffer hard. I will not help them. Infact since they don’t care about those innocent Iraqi people or their own lives maybe I will just help myself to their property and keep it for myself while they suffer.
January 21st, 2009 at 11:56 am
I saw this coming way back during Regan’s first admin’. Reagan pulled the plug on this economy. There is no doubt that a collapse is coming, and Osama, Obama, his brother and his mama, can do nothing at all to stop it. Hope you have a small cabin somewhere payed off. I do, and I will continue to live it up and ride it all down. Get this: You Will STarve if you do not make your own preparations…and start now! Government will not do anything….but maybe try to enslave you. Act now America, before it is too late!