Wake-Up Call - 05/23/11

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You Cannot Cure Debt With More Debt!

Some of us call it hurling crates of whisky at an alcoholic. America is addicted to debt. Judge Napolitano weighs in on the systematic wipe-out of freedom in America. Anecdotal story reflecting more fascist behavior from the authorities. The timeline on a Greek default. The so-called ‘manufacturing rebound’ is a myth.

Wake-Up Call - 05/20/11

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The American Dream Fades, Replaced By Totalitarianism

How the American Dream has disintegrated over several decades. Spinning one’s wheels and going nowhere. A description of decline and decadence. Yet more grim economic statistics. Government spending leading nowhere except to continued stagnation and decline. Comparisons between Hitler’s Germany and the US today. Official abuses ignored and/or acquiesced to. Removal of freedom gladly accepted by a fearful or economically weakened populace. Interesting studies showing how power corrupts – and makes people behave badly. Geithner admits his certainty that another financial catastrophe is on the way.

Wake-Up Call - 05/16/11

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The Other Side Of the Coin

What China is capable of that apparently America isn’t. (Bill Bonner) The ongoing danger of money market funds. The ongoing disaster of residential real estate. The ongoing problem of commercial real estate and the concomitant failure of regional banks. The ongoing problem of Greece as certain default imminent. The U.S. careening down the same path as Greece. A detailed primer on the lucrative investment known as “piracy on the high seas” (not recommended).  Are you influenced by what you’re being told by the way people speak? Be aware of the snare!

Wake-Up Call - 05/13/11

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A Country Divided

Devastating statistics indicating a worsening depression. Drilling down into the nature of the divisions and the consequences. The media’s unwillingness to confront the issues: how things were different in earlier times. The Pecora “coroner’s inquest” into the scandals of the 1920s and 1930s. The entire gamut of scandals and corruption exposed. The authorities today are in bed with the crooks. How money is being printed and used to mask the way in which the citizens are being sold down the river. The advantages of Chile as a country to emigrate to. Billionaire Raj Rajaratnam convicted of making $63.8 million through insider trading.

Wake-Up Call - 05/09/11

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Why Are All Governments Lying To Their People?

The European Question, courtesy of the leader of Finland’s new ruling party. Lying is manifestly the standard form of communication between the central EU administration and its people. Want a passport? Better hurry up. They’re going to make it ever more difficult for you to get one. Consumers stuck with a legacy of excessive debt, inadequate saving, high unemployment, weak incomes and underwater assets. Grotesquely understated unemployment stats. Pros and cons of strategic defaults. The Federal Reserve’s abuse of power. Differences between the German and the American way of doing things.

Wake-Up Call - 05/06/11

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Fraud And Unemployment

Deutsche Bank being sued for fraud. The first of many such suits? Don’t bet the farm on it. The social costs of unemployment. The menace of ongoing bubbles and the part played by government and central bankers in furthering them. Crisis “excused” on the specious claim that “nobody saw it coming” and that the forecasting tools were inadequate. Nonsense. It’s not the tools, it’s the fools at fault. Why unemployment will not improve. “The Afterlife: New Arrivals Orientation Manual”, by Stephen Pizzo.

Wake-Up Call - 05/02/11

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At A Stand-Still

The economy per capita is actually shrinking by about 5.3% per year. The money supply has doubled in just over two years, throwing all traditional yardsticks into confusion. The history of how war creates massive tax needs. The lies about who does and doesn’t pay taxes. Why don’t women blog (much)?

Wake-Up Call - 04/29/11

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Failure!

Failure of the Fed, failure of the politicians, imminent failure of the markets, failure to keep prices levitated, failure of QEs 1/2. Then come the consequences. Why do humans live in denial and remain blind to the obvious? There are people who can extrapolate the future… if you know where to look. The rich are beginning to suffer, as expected. More on inflation/deflation.

Wake-Up Call - 04/25/11

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The Horror Of Debt That America Refuses To Address

A financial tsunami of debt repayment looms. Where will the world find $3.6 trillion? The game is over. People receiving more from the government than they pay in taxes. Budget “cuts”? A sham. More on the difference between inflation and deflation. The biggest fraud in the history of America: money stolen from the taxpayer in the form of “stimulus funds” to bail out the banks.  Unlike in the States, Irish politicians when interviewed by the media, have to answer the questions! Financial stress causing an alarming increase in domestic child abuse.

Wake-Up Call - 04/22/11

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Are People Actually Beginning To Get Religion?

Some mainstream media pundits are ‘coming around’. Watch GlennBeck.com, the April 21st show. Taxes: U.S. vs. Germany. More grim socioeconomic statistics. Bill Back talks about corruption and sending people to jail (or not). Why do people refuse to face the obvious when it comes to accepting that we are in a depression? Some pleasant places to live outside the U.S.

Wake-Up Call - 04/18/11

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The Game-Changer

S&P downgrades US outlook to ‘negative’. The first salvo in a long line of inexorable credit downgrades in store for America as the country refuses to address its problems. Consequences of the end of QE2: immense volatility, fall in confidence – and related consumer spending. Americans losing faith in capitalism. Europe’s problems getting worse. The inevitable destruction of the euro. Runs on European banks to be expected. Bill Black’s experience with systemic fraud protection. Best places to live outside the US.

Wake-Up Call - 04/15/11

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Fraud And Lies Everywhere You Look

The recovery was/is nothing but a fraud. Corporate earnings likewise. Same for recent deficit-cutting plans. Solvency claims by the banks are fraudulent lies: they’re all insolvent. The “budget crisis” just political theatre. The Fed hands out money to its friends – and their wives! War is in the DNA of America, the unifying force of both political parties. Government-created Ponzi economics alive and well. GDP numbers fraudulently created using borrowed money.

Wake-Up Call - 04/11/11

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The Tax Edition

With the death of the economy playing all around us amid the greatest debt bubble in history, listen to ways In which the IRS contributes to the collapse. USA vs. Singapore attitudes to taxation. Personal experience of same. Social unrest as a consequence of the experience of massive economic inequality in other countries provides a warning for Americans. More about life in Mexico. Future breakup of the Fed. Letter from a tax official in the UK to an irate taxpayer.

Wake-Up Call - 04/08/11

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We’re All “Domestic Terrorists” Now

The gentleman who wanted to issue his own currency convicted of “domestic terrorism” and “Conspiracy Against The United States” and of being “a clear and present danger to the economic stability of this country”. Charming. Law enforcement training focusing on “domestic terrorists”. Listen to the Department Of Homeland Security’s definition of a “domestic terrorist” and shudder. How the unemployment statistics have been falsified. More statistics on the current Depression. Paul Ryan’s proposal to balance the budget ludicrous and utterly unrealistic.

Wake-Up Call - 04/04/11

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The Future Of Life In America

A historical background to the factors behind America’s state of decline. What would happen under martial law. The lie surrounding the recent, apparent high growth of retail sales. Reformulating the priorities of everyday life. Mexico sets the example. A how-to guide for simple living.

Watch the award-winning film: Inside Job at either of the following links:

http://www.youtube.com/watch?v=V_g4_twcL3I       

or

http://www.openculture.com/2011/04/inside_job.html

You may have to wait while the white circle rotates. It’s just buffering. If it takes too long, just reload the page. It will work eventually!

This is a masterpiece and not to be missed.

Wake-Up Call - 04/01/11

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The Federal Reserve

Wake-Up Call - 03/28/11

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Economic Decline Everywhere You Look

Stock market disconnect from the economic fundamentals. The “feel-good” effect is not working. Horrendous housing data. No pick-up in economic activity. Why is the clown pouring money into a black hole? Rising prices driving Americans into bankruptcy. Consumption has not slowed despite the shrinking economy. Creation of wealth is impossible in America.

Wake-Up Call - 03/25/11

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An In-Depth Look At Official Dishonesty And Disinformation

Money rules! He who produces the money is in control. Another way of looking at debt – as a tool of control. Ways in which the information is fed by obfuscation and deliberate opacity. A nightmare journey through bureaucratic bungling and incompetence – “I’m afraid there’s nothing I can do…” Ugh! Low testosterone equals high risk-taking… Reasons why a new recession is on its way.

Wake-Up Call - 03/21/11

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Download this episode (right click and save)Hurtling Towards The Cliff Of Debt

We are past the point-of-no-return. A cataclysmic economic collapse is no longer a virtual certainty. It is unavoidable. We are already on borrowed time. The Federal budget will never be balanced. America’s mad politicians seem hell-bent on running the country into the ground. The report from the Financial Crisis Commission skates over the reality of the crash. It was “everybody’s fault”, therefore nobody’s fault. Inflation and deflation: the difference between speculative and organic demand and the difference between money and credit. Michael Lewis’s dissociation from the FCIC report of which he was a Commission member. His own five causes of the financial crisis.

Wake-Up Call - 03/18/11

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Putting Things In Perspective

The current situation for “Middle America”. The Japanese historical context to their energy vulnerabilities, causing them to place nuclear reactors atop an earthquake zone! How to identify an economic collapse (2nd attempt!) Why the painful deleverage is far from over and has a long way to run.