Bankers Launch Next Leg Of Planned Economic Collapse

"Obama campaign blames the very people who sounded the alarm bell on the economy for the debt downgrade"

August 8, 2011
Prison Planet.com

The next leg of the planned economic collapse has now been launched with the stock market once again plunging as the Federal Reserve prepares to launch QE3, and it’s all part of the transfer of wealth from America to the offshore elite that we have been warning about for years.

As we highlighted over two years ago, shortly before Barack Obama declared the recession to be over and the stock market was artificially inflated once more, we warned that the next phase of the financial pillaging would bring about a “sucker’s rally,” with investors believing the hype about a non-existent “recovery” and ploughing all their money back into the system, only to see the rug pulled out from under their feet for a second time. Read More

America “Makes The Cut” – So What Happens Next?

"Our ability to continue funding our liabilities is now greatly diminished."

August 7, 2011
By Brandon Smith
Alt-Market.com

Around the world, starting Monday, all eyes are on the markets. The tension is palpable. The uncertainty is ample. And anger is heavy in the air. As predicted, the debt ceiling deal was not only NOT enough to assuage economic fears, it actually exacerbated them, triggering a flight from the Dow, and creating a decisive opportunity for ratings agency S&P to cut the once perfect U.S. credit rating from AAA to AA+.

At Alt-Market, we often talk about points of balance, and how certain moments in history become highly visible indicators of balance lost. If we pay close attention, and know what we are looking for, these moments can be recognized, allowing us time to shield ourselves from the explosion and the resulting financial shrapnel. The past two weeks have culminated into one of these defining events that tell us the tide has fully turned, and something new and dangerous is just over the horizon. The question now is; what should we expect?

The nature of the credit downgrade situation is not necessarily “unprecedented” in history, but it is surely unprecedented on the scale we see currently in the U.S. It is difficult to predict how exactly the investment world will react. Some consequences, though, are probable, if not inevitable. Let’s examine the events we are likely to see in the coming weeks as well as the coming months, as nations attempt to adjust to America’s final plunge… Read More

Maui man killed in Afghanistan chopper crash

August 7, 2011

HAIKUA (HawaiiNewsNow) - A Maui man was one of the 30 Americans killed in a helicopter crash in Afghanistan. According to friends, Kraig Vickers of Haiku died when insurgents shot down the military chopper. Vickers was a 1992 graduate of Maui High School.

The Maui News reports that he was a Navy bomb disposal team member. This was the single deadliest loss for U.S. troops since the war in Afghanistan started. Most of those killed were Navy SEALS.

Maui native among dead; ‘a great loss’

Kraig Vickers, a 1992 graduate of Maui High School and a Maui Interscholastic League defensive football player of the year, was among 30 Americans who died in a U.S. military helicopter shot down during fighting in Afghanistan, his father, Robert Vickers, confirmed by telephone Saturday night.
Kraig Vickers, 36, was a Navy Bomb Disposal Team member, said his father, who could barely speak of his loss.
Mr. Vickers said he and his wife, Mary, were extremely proud of their son and his 15-year military career.  Read More

Video: Small Businesswoman’s Unbelievable Takedown Of Obama’s Disastrous Economic Policies…

The President Who Wasn't There

"Obama" is the little man who wasn't there.

August 5, 2011
By James Lewis

We have a president named "Obama." If you believe your media -- (hah!) -- he is a kind of Űbermensch, a more-than-human giant intellect. Or, as one addled dork said two years ago, Obama must be A Light Bringer. That's why the Norwegian Nobel Prize committee got the hots for him so bad that they had to give him the big prize before he did anything. Like Algore's Peace Prize, it was awarded for postmodern (Po-Mo) -- that is, completely fictional -- good intentions. No actual achievements were wanted or needed. Read More

The Debt Deal Con: Is It Fooling Anyone?

August 4, 2011
By Brandon Smith
Alt-Market.com

Alternative economic analysis brings with it a certain number of advantages and insights, but also many uncomfortable burdens. Honest financial research is a discipline. It requires us to not only understand the fundamentals, but to question the fundamentals. It requires us to look beyond what we would LIKE to see in the economy, and accept the reality of what is actually there. With this methodology comes the difficulty of knowing the dangers ahead while the mainstream stumbles about well behind the curve. It means constantly having to qualify one’s conclusions, no matter how factual, because the skeptics and opposition base their views on an entirely different set of rules; farcical rules that no longer (or never did) apply to the true state of our country’s fiscal health.

After a while, you begin to expect that a majority of the public will buy into any number of government or Federal Reserve con games and swindles as the process of full spectrum collapse rolls onward. However, this expectation is not always accurate…

A majority of Americans were against the bailouts, TARP, quantitative easing, the “too big to fail” concept, etc. Sometimes a government action is so fraudulent that even those who aren’t educated on the specifics can smell the grift in play. The recent debt ceiling debate and resulting debt deal are fuming with the hot stench of predigested disinformation, so much so that no one seems to be happy with it, even people who a month ago were begging for it. When you have to parade around a hobbled shooting victim in order to get any applause for your legislation, then you may be in trouble…
Read More

Breaking news: Multi-agency armed raid hits Rawesome Foods, Healthy Family Farms for selling raw milk and cheese

August 3, 2011
By Mike Adams, NaturalNews Editor

This is a NaturalNews exclusive breaking new report. Please credit NaturalNews.com. A multi-agency SWAT-style armed raid was conducted this morning by helmet-wearing, gun-carrying enforcement agents from the LA County Sheriff's Office, the FDA, the Dept. of Agriculture and the CDC (Centers for Disease Control).

This story is now being followed and widely reported on InfoWars (www.InfoWars.com) and the Drudge Report (www.DrudgeReport.com). See updates below... Read More

Federal Government Borrows $239 Billion On Tuesday, U.S. Debt Has Largest One-Day Bump In History – Update: Borrowing Now Tops 100% Of GDP…

Un-friggen-real!

August 3, 2011
Weasel Zippers

(The Washington Times) — U.S. debt shot up $239 billion on Tuesday — the largest one-day bump in history — as the government flexed the new borrowing room it earned in this week’s debt-limit increase deal.

The debt subject to the statutory limit shot way past the old cap of $14.294 trillion to hit $14.532 trillion on Tuesday, according to the latest the Treasury Department figures, which are released on the next business day.

That increase puts the government already remarkably close to the new debt limit of $14.694, which means one day’s new borrowing ate up 60 percent of the $400 billion in space Congress granted the president this week.

Debt numbers go up and down regularly, depending on what the Treasury Department is redeeming or issuing on any day, but have been on a steep upward trend for the past decade as spending has ballooned and revenues have fluctuated.

For the past 2 ½ months, though, the number essentially was frozen as the government was poised to reach the borrowing limit set by law. The Treasury Department used extraordinary means to stall, but was about to run out of room on Tuesday.

Update: One day after upping the debt ceiling and we’re already borrowing over 100% of GDP. Absolutely sickening.

(AFP) — US debt shot up $238 billion to reach 100 percent of gross domestic project after the government’s debt ceiling was lifted, Treasury figures showed Wednesday.

Treasury borrowing jumped Tuesday, the data showed, immediately after President Barack Obama signed into law an increase in the debt ceiling as the country’s spending commitments reached a breaking point and it threatened to default on its debt.

The new borrowing took total public debt to $14.58 trillion, over end-2010 GDP of $14.53 trillion, and putting it in a league with highly indebted countries like Italy and Belgium.

Former Comptroller General: “Sudden And Very Painful” Economic Collapse Is Coming

"US is just three years away from becoming Greece"

August 3, 2011
By Steve Watson
Prisonplanet.com

Former head of the Government Accountability Office and Comptroller General of the United States, David Walker has issued a stark warning following the compromise deal to raise the debt ceiling.

“We are less than three years away from where Greece had its debt crisis as to where they were from debt to GDP,” Walker highlighted in an interview with CNBC earlier today.

Greece’s ratio of debt to GDP has surpassed 100% and is heading towards 150%, a factor that has meant without bailouts from the EU and the IMF, the country would have defaulted.

The US is now nearing the same 100% margin with GDP growth floundering below 1%. Read More

Take Our Government Back

"I never in 50 years thought I’d see a day when freedom was in jeopardy"

August 3, 2011

Fox News put together a panel of small business owners who also affiliate themselves with the Tea Party, one of which is a Cuban man who immigrated to this country 50 years ago to get away from socialism. While all of them took offense at being labeled as terrorists, the man from Cuba says he’s seen this playbook before and he never thought he would see freedom in jeopardy here in America:

Ceiling Our Fate

"Many say we are "going" off a cliff;  I say we've gone."

August 2, 2011
By Kirk W. Kelsen
American Thinker

Just either side of the contentious debt limit vote in the House on Friday, the United States Congress addressed among its most footling duties: naming and opening new post offices in Mississippi and New York. Were anyone in Washington to think on it, scheduling authorization for a bankrupt federal agency's new baubles even as 3,500 of its other offices are closed made perhaps not the best bookends for the intervening historic legislation. But circumstance being what they are, it does make a nice précis: government spending relentlessly and automatically continues, no matter what's going on.

There is a nascent meme out there portraying Tea Partiers as raging infants (video) demanding ridiculous solutions. Conversely, the eminently respectable Rep. Paul Ryan and author Prof. Thomas Sowell make convincing points about grabbing success where it lies and fighting another day. The Tea Partiers, they say, can't change 80 years of inexorable spending in one Act of Congress alone. No doubt true.  Read More

Glenn Beck: Is Chris Matthews drinking on the job?

Just listening to the laughing makes this a great clip

August 2, 2011

This started out as a discussion about the debt limit but as they listened to the clip of Chris Matthews trashing the Tea Party, he seemed to be slurring together an awful lot of words and Beck and crew couldn’t just let that go without a few laughs:

To Watch Video  GBTV

We The Stupid: The economy of the United States has ground to a screeching halt.

"The Obama regime has achieved more in two and a half years than anyone could have possibly foreseen."

August 1, 2011
American Thinker.com
By Ann Barnhardt

I stand here in abject stupefaction. The so-called "right" or "Tea Party" in this republic is being so thoroughly rolled and defeated that I am struggling to come up with an adequate violent submission metaphor that does not involve prison rape . . . and they honesty think that they're "winning." Really? You call this winning?

• - Obama gets over $2 Trillion to spend before the 2012 election
• - There are no real spending cuts
• - There is a massive tax increase effective January 1, 2013

Obama is going to be handed something in excess of $2 Trillion -- and he has made it perfectly clear that he will spend every penny of it before the November 2012 election. That's why he kept saying, " . . . so we don't have to do this again", meaning raise the debt ceiling again. The debt ceiling would only need to be raised if all of the money had been spent. Therefore, he has stated very clearly that he will spend every penny of any debt ceiling increase. He is going to burn through $2 Trillion-plus in the next sixteen months. This was the Obama regime's plan from day one. Geithner appeared before Congress in early May and told them this in no uncertain terms. This outcome has been a known quantity all along.  Read More

Totalitarianism In Quartzsite, Arizona

August 1, 2011
Alt-Market.com

By Elias Alias

Special Note: The following article comes from Elias Alias at Oath Keepers. It is an extensive chronicle of the developing civil liberties nightmare in the small region of Arizona known as Quartzsite. If you are not familiar with what is happening there, I highly recommend you read this article in its entirety. The tyranny in Quartzsite may very well be a microcosm of the tyranny growing across America.  Read More

Genetic Armageddon: Humanity's Greatest Threat

August 1, 2011
By Mike Adams, NaturalNews Editor

"One of the most important video reports you'll see all year is called Genetic Armageddon. It was released just a few days ago by the Alex Jones / InfoWars team." Read More