Miguel Perez says he is the current president of Chicanos Unidos Arizona and an active member of La Raza. He says he also served as the vice president of MECHA in Fullerton California.
La Raza, or NCLA, is a militant Latino group that Obama is funding with American tax dollars. MECHA is a nationwide Latino student organization. MECHA explicitly calls for the creation of Atzlan, a new Chicano/Latino nation, in what is now the Southwest United States.
Perez is using Examiner.com to call for Latinos in the Southwest to arm themselves for race war. Perez tells his readers “Latino groups believe they have enough people in states such as California, Nevada, Arizona, New Mexico, and Texas to successfully wage a war on the United States. Who’s side will you be on?”
Phoenix-based Nuestros Reconquistos claims that there will be a war very similar to the Civil War fought in the next five years. “La Raza and MEChA have already talked to Latinos and Phoenix and explained that Latinos need to arm themselves for war,” says Nuestros Reconquistos President Manuel Longoria.
Cecilia Maldonado of Chicanos Unidos Arizona isn’t hoping for any sort of war, but believes it may be unavoidable. “For generations, our people have prepared us to take back the lands of the Southwest that were stolen from our Mexican ancestors. Because of the bad economy and many racist laws, Latinos will be forced to fight sooner than later,” says Mrs. Maldonado.
Perez is listed as the “civil rights” writer for the Phoenix area on examiner.com. He recently praised Obama for issuing a unilateral amnesty for illegal aliens by ordering law enforcement to cease deportations.
Miguel Perez, current president of Chicanos Unidos Arizona and an active member of La Raza, also served as the vice president of the Latino civil rights organization MECHA in Fullerton California. He is the son of two Mexican immigrants. Perez plans to become a lawyer in order to protect the rights of Latinos. You can reach Perez at mperezlaraza1985@gmail.com.
Phoenix-based Nuestros Reconquistos claims that there will be a war very similar to the Civil War fought in the next five years. “La Raza and MEChA have already talked to Latinos and Phoenix and explained that Latinos need to arm themselves for war,” says Nuestros Reconquistos President Manuel Longoria.
I find your terms acceptable, Perez. By all means, please let us know if you want to get started ahead of schedule. And be careful with those siestas… remember San Jacinto? We’ll bring tar again for all you great “leaders”.
Ha Ha Ha! Seriously? To the halls of Montezuma again!
Mexico only exist because we allow it too.If we stopped buying their crap the entire Mexican economy would collapse.We just let you go so long out of kindness I suppose.
Really a latino insurgency? I’d give it a week.
Don’t kid yourselves, this guy and MANY MANY of his fellow travelers are quite serious…dead serious in fact. They already have the numbers in many communities and will be able to easily overrun most adjacent communities for the simple fact that most people think it can’t or won’t happen. Come on, think about it, the majority of Americans believe that they are just here to bus our tables and cut our grass…they’re just good hard working decent people who only want a better life for themselves and their families…and most importantly, they’re no threat. That is what ALL media outlets and political/community leaders have been telling the people for years now.
Maybe in some states something like this might only last a week, but in states such as CA, AZ, & N.M. it would be devastating and they could easily gain control of large portions of the state. Look at the devastation that a relatively small number of drug gang members have wrought on whole cities just south of the border…and they’re killing their own people there! These guys basically hate white people, do you think for even a moment that they would have a problem with killing entire neighborhoods just to get their point across?
Go ahead and laugh this guy off and treat what he is saying as a joke, but do so at your own peril. I live in AZ and seriously fear what I believe is coming.
Well, I believe that he and his followers are serious. And I take it serious. But the numbers who think like him, while large enough to do some damage, especially in places like Los Angeles, their numbers are not large enough to take whole States or even half. I live in a predominately Hispanic neighborhood. Except for the house full of Hispanic Trannies (I shit you not) down the street, I don’t have a single problem with any of them. I don’t know if they are all legal, but they all do work except for my closet neighbor who got laid off his truck driving job. That’s not to say we don’t have a Hispanic gang problem and a few La Raza’s or a few pockets of Hispanic idiots, but for the most part, the Hispanic peoples up here where I live are quite folks.
The bad news about the economy just keeps rolling in. If this is an economic recovery, what in the world is the next “recession” going to look like? Today there was another huge truckload of bad economic news. The stock market had another 400 point “correction”, applications for unemployment benefits are up again, inflation is higher than expected, home sales have dropped again and Europe is coming apart at the seams. The financial markets have been in such a state of chaos recently that days like today don’t even seem “unusual” anymore. But we should all be alarmed at what is happening. We haven’t seen anything quite like this since the darkest days of 2008 and 2009. If more bad news keeps pouring in, we may soon have a very real panic on our hands.
So now we have high unemployment and high inflation. Oh goody! All of this stagflation is almost enough to make one nostalgic for the 1970s.
*The housing market is getting even worse. According to the National Association of Realtors, sales of previously owned homes dropped 3.5 percent during July. That was the third decline in the last four months. Sales of previously owned homes are even lagging behind last year’s pathetic pace. Mortgage rates are now the lowest they have been since the 1950s, but there are very few interested buyers in the marketplace.
The survey’s broadest measure of manufacturing conditions, the diffusion index of current activity, decreased from a slightly positive reading of 3.2 in July to -30.7 in August. The index is now at its lowest level since March 2009
*Morgan Stanley now says that the U.S. and Europe are “hovering dangerously close to a recession” and that there is a good chance we could enter one at some point in the next 6 to 12 months.
All of this bad news is sending the price of gold through the roof. The price of gold soared to a brand new all-time high of $1,829.70 an ounce on Thursday morning. So far, the price of gold is up almost 30 percent in 2011.
Meanwhile, millions of average American families are deeply suffering and are desperately hoping that things won’t get even worse. Everywhere you turn, there is a tremendous amount of stress in the air.
As the economy crumbles, good paying full-time jobs are becoming increasingly scarce. People are hurting and they are looking for leadership.
Well, Barack Obama is running around the country promising that he will unveil some “solutions” very shortly.
So what are those solutions going to include? Well, the plans are still in the development stage, but the Obama administration is reportedly considering the following….
-The creation of a new government agency that will be dedicated to job creation. This will entail more government spending and more government paper pushers, but it will probably not do much to create good paying full-time jobs.
-Pushing even more free trade agreements through Congress. That way even more of our good jobs can be shipped to countries on the other side of the globe where paying slave wages to workers is still legal.
-A “reverse boot camp” that will train military veterans for civilian jobs. That sounds like a good idea, but we already have millions and millions of highly trained Americans that can’t get jobs.
-An extension of the payroll tax cut for at least another year. That will put more money into the pockets of U.S. workers, but it will also mean less revenue for the federal government. The existing payroll tax cut has not exactly resulted in a “jobs boom”, but removing that tax cut is certainly not going to help the economy either.
-An extension of long-term unemployment benefits. Yes, that will help the unemployed survive and will give them some money to spend into the economy, but it will not create many jobs for them. Plus it will put the government into even more debt.
-The creation of an infrastructure bank. Like most of the proposals above, this will entail even more government spending. I know that a “shovel-ready” joke is called for about now, but I can’t think of one at the moment.
The ironic thing is that Barack Obama is riding around on his multistate “jobs tour” in a $1.2 million bus that was made in Canada.
You just can’t make this stuff up.
Things have gotten so bad out there that even Wal-Mart is suffering now. Sales at Wal-Mart stores that have been open for at least a year have fallen for nine quarters in a row.
Not that anyone should have much sympathy for Wal-Mart, but it is a sign of just how bad things are getting out there.
So is there much hope for the future? Well, considering the fact that only 32 percent of 15-year-olds in the United States are proficient in math, things don’t look good.
Our education system is a joke, tens of thousands of factories have already closed, more are closing every day, millions of jobs have been shipped overseas and most of our politicians are either incompetent or corrupt (or both).
So you would think that with all of our problems, authorities would be focused on the big issues.
But no, time after time they just keep picking on average Americans.
For example, a woman that lives in the Salem, Oregon area that is fighting terminal bone cancer tried to raise some money for her medical bills by holding a few garage sales on the weekends.
Well, the authorities in Salem got wind of this and now they are shutting her down.
This is absolutely unbelievable. A video news report about this incident is posted below….
Massive fraud and corruption at the big banks caused a worldwide financial crisis in 2008 and yet not a single Wall Street executive has gone to prison because of it.
Yet a cancer-stricken lady tries to hold a few yard sales to pay her bills and authorities come down on her like a ton of bricks.
Does that seem fair to you?
Our world is getting crazier every day. The bad news is going to keep pouring in. Global financial markets are being held together with chicken wire and duct tape. At some point the pyramid of corruption and con games is going to come crashing down.
If you still have faith in the system, you are not very wise. We are heading for an economic collapse that will be absolutely unprecedented, and you need to be getting prepared.
16 Statistics Which Prove That The American People Are Absolutely Seething With Anger
According to a whole host of polls and surveys, the American people are incredibly angry right now. The American people are hopping mad at the government, the American people are hopping mad about the economy and the American people are hopping mad about the direction that this country is headed. Never before in modern U.S. history have the American people been this angry. There is vast disagreement about what the solutions to our problems actually are, but what everyone can agree on is that the American people are absolutely seething with anger right now. The statistics that you are about to read are mind blowing. We used to be such a happy country. Once upon a time we were one of the happiest places on earth. But as the economy has fallen to pieces anger has been steadily growing. If something is not done to turn the economy around eventually this anger is going to erupt in frightening and unpredictable ways.
The American people are not equipped to handle hard times. We are incredibly spoiled. Most of us have only known good times, and most of us have been taught that we will have endless prosperity all of our lives because we live in the greatest nation on earth.
Well, “the greatest nation on earth” is about to get a massive wake up call. We are up to our eyeballs in debt and we are bleeding jobs, businesses and wealth at an astounding pace. Our economy is dying right in front of our eyes, and most Americans have been so “dumbed-down” that they don’t even realize what is happening.
But what most Americans do know is that things are “bad” and they want someone to “fix” things. They know that something is “not right” and they want things to go back to the way things used to be. The longer it takes for things to return to “normal”, the angrier they are going to get.
The following are 16 statistics which prove that the American people are absolutely seething with anger right now….
#1 A new Washington Post poll has found that a whopping 78 percent of Americans are dissatisfied “with the way this country’s political system is working”.
#2 That same poll found that only 26 percent of Americans believe that the federal government can solve the economic problems that we are now facing.
#4 According to a recent CBS News/New York Times poll, Congress has a disapproval rating of 82%.
#5 A new Rasmussen survey has found that 85 percent of Americans believe that members of Congress “are more interested in helping their own careers than in helping other people.”
#6 That same survey found that 46 percent of the American people believe that most members of Congress are corrupt. That figure was a new all-time high.
#7 According to a different Rasmussen survey, only 17 percent of Americans now believe that the U.S. government has the consent of the governed.
#8 A recent Reuters/Ipsos poll discovered that 73 percent of the American people believe that the nation is “on the wrong track”.
#9 A recent poll taken by Rasmussen found that 68 percent of Americans believe that we are actually in a recession right now.
#10 According to Gallup, the percentage of Americans that lack confidence in U.S. banks is now at an all-time high of 36%.
#11 U.S. consumer confidence is now at its lowest level in 30 years.
#13 That same poll found that approximately 80 percent of Americans believe that it is “difficult” to find a job these days.
#14 According to one recent poll, 39 percent of Americans believe that the U.S. economy has now entered a “permanent decline”.
#15 Another recent survey found that 48 percent of Americans believe that it is likely that another great Depression will begin within the next 12 months.
#16 According to a brand new Rasmussen survey, 48% of Americans believe that reductions in government spending are “at least somewhat likely” to result in civil unrest inside the United States.
So why doesn’t the government step in and spend a whole bunch of money and make everything all better?
Well, the problem is that we have done this time after time before and now we are broke.
We have been living way, way beyond our means for decades and now the bills are coming due.
David Walker, the former Comptroller General of the United States, has been warning about our debt problem for years. Walker says that the United States is heading for a “sudden and very painful” economic collapse….
“Here’s the bottom line. If you take the total liabilities of the United States – public debt, unfunded pensions, retiree health care, under funding with regard to social security, with regard to medicare, a range of commitments and contingencies – as of September 30 2010 we would have had to have had $61.6 trillion dollars in the bank in order to be able to defease those obligations.”
The cold, hard truth is that the U.S. national debt should have been addressed many years ago when it was still relatively small.
At this point, there is no solution to our national debt problem under our current financial system.
Most state governments are also facing huge financial problems. The state government of Illinois is so broke at this point that it can’t even afford to bury the poor people that are dying.
But Illinois is not alone. All over the country, state and local governments have been implementing austerity measures.
According to the Center on Budget and Policy Priorities, state and local governments have slashed more than half a million jobs since August 2008.
That is a whole lot of good jobs that aren’t there anymore.
But government debt is not the only debt problem that we are facing. Personal debt is also a raging crisis.
According to USDebtClock.org, the total amount of personal debt in the United States is now over 16 trillion dollars. The exploding levels of personal debt have created a tremendous amount of stress in households from coast to coast.
When I was growing up, it seemed like almost everyone was in the middle class. But today the middle class is shrinking at lightning speed.
According to author David DeGraw, 17.3% of all Americans were living in poverty during 2009. Not only that, DeGraw also says that 9 major U.S. cities have a poverty rate of over 25 percent.
Can you imagine that?
In fact, there are some cities such as Detroit where the poverty rate is over 35 percent.
It is hard to believe what is happening to America. Today, there are over 45 million Americans on food stamps. That number has increased by approximately 12 percent in the last year alone.
There are currently 34 million Americans that need a full-time job. Unemployment is rampant and there is intense competition even for part-time jobs that pay minimum wage.
So where did all of the jobs go?
Well, as I have written about previously, globalism is absolutely devastating our economy. Millions of our jobs have been shipped to countries where labor is far, far cheaper and they aren’t coming back.
In addition, millions of Americans that do still have jobs are also deeply struggling right now. There are millions and millions of Americans that are working part-time jobs because that is all that they can find right now. Millions of other Americans are flat broke and are discovering that their paychecks are “shrinking” due to inflation. Wages have barely risen while prices for food and other necessities are skyrocketing.
Most families are really struggling to get by right now.
According to the Washington Post, the average yearly income of the bottom 90 percent of U.S. income earners is $31,244.
It is really hard to pay a mortgage and feed a family on that income.
The only people that seem to be doing well are at the very top.
The average yearly income of the top 0.1% of U.S. income earners is 5.6 million dollars.
Not that making money is a bad thing, but when an economic system funnels all of the rewards to the very top you know something is deeply broken.
The poorest 50% of all Americans now own just 2.5% of all the wealth in the United States.
A lot of poor Americans have literally fallen off the map. The Daily Mail recently did a feature on one tent city that has been constructed deep in a forest in New Jersey….
In scenes reminiscent of the Great Depression these are the ramshackle homes of the desperate and destitute U.S. families who have set up their own ‘Tent City’ only an hour from Manhattan.
More than 50 homeless people have joined the community within New Jersey’s forests as the economic crisis has wrecked their American dream.
You can see shocking pictures of this tent city right here.
So it is no wonder why so many Americans are so angry.
If you lost your job or your home you would probably be angry too.
Most Americans just want to be able to go to work, make a decent living, pay the mortgage and provide for their families.
But in America today that is becoming increasingly difficult to do.
Our economy is a giant mess and the American people are becoming very angry.
If the economy gets even worse, they are going to become even angrier.
Storm clouds are gathering on the horizon.
Things are about to get very, very interesting.
Taxed Into Oblivion
In the United States today, we are being taxed into oblivion, yet it is being done so stealthily that most Americans don’t even realize what is happening. Most people are fixated on federal income tax rates, but the federal income tax is only one of the dozens of different taxes that each of us pay each year. The politicians have learned that people get really upset when income tax rates are raised, so they have found hundreds of other ways to raise taxes on us. What most taxpayers in the United States today are facing is “death by a thousand cuts”. When you add up all forms of taxation from all levels of government, approximately 40 percent of all the income in the country is taken in as taxes by government. Large numbers of Americans end up paying well over 50 percent of their income in taxes, and many of them don’t even realize that it is happening. We truly are being taxed into oblivion, and yet the politicians just keep coming back for more.
On all levels, government just keeps growing, and all of this government has got to be paid for somehow. Politicians have become masters at finding ways to tax us so that we won’t even feel it. They have an endless hunger to spend more money, and they depend on us to feed that addiction. Today, the combination of federal government spending, state government spending and local government spending now accounts for a larger share of U.S. GDP than at any other time in our history.
Yes, federal income tax rates were significantly higher 30 or 40 years ago. But virtually every other tax you can think of has gone way up since then or did not exist back then.
Federal income taxes definitely still hurt, but the reality is that where we really get hit is in all of the other taxes that we pay. American families pay Social Security taxes, Medicare taxes, state income taxes, sales taxes, property taxes, death taxes, various excise taxes, gasoline taxes, tire taxes, utility taxes, liquor taxes, telephone taxes and cigarette taxes just to name a few. The truth is that there are dozens and dozens of different taxes that most Americans pay each year, and there are a whole bunch of others that get passed on to us through businesses that we deal with.
Speaking of cigarette taxes, there is legislation in Congress right now that would send taxes on tobacco products absolutely skyrocketing yet again.
I don’t smoke and I never will smoke, but I find the attack on smokers by our politicians to be seriously offensive. If smoking is legal, then leave them alone. Don’t tax them into oblivion just because you don’t like what they are doing.
An excerpt from S. 1403 (The IDEA Full Funding Act) is posted below. You will notice that a portion of this legislation even refers to itself as the “Saving Lives by Lowering Tobacco Use Act”. They are openly admitting that they want to make tobacco so expensive that people cannot afford to use it….
SEC. 3. TOBACCO TAX INCREASE AND PARITY.
(a) Short Title- This section may be cited as the ‘Saving Lives by Lowering Tobacco Use Act’.
(b) Increase in Excise Tax on Small Cigars and Cigarettes-
(1) SMALL CIGARS- Section 5701(a)(1) of the Internal Revenue Code of 1986 is amended by striking ‘$50.33’ and inserting ‘$100.50’.
(2) CIGARETTES- Section 5701(b) of such Code is amended–
(A) by striking ‘$50.33’ in paragraph (1) and inserting ‘$100.50’, and
(B) by striking ‘$105.69’ in paragraph (2) and inserting ‘$211.04’.
(c) Tax Parity for Pipe Tobacco and Roll-Your-Own Tobacco-
(1) PIPE TOBACCO- Section 5701(f) of the Internal Revenue Code of 1986 is amended by striking ‘$2.8311 cents’ and inserting ‘$49.55’.
(2) ROLL-YOUR-OWN TOBACCO- Section 5701(g) of such Code is amended by striking ‘$24.78’ and inserting ‘$49.55’.
(d) Clarification of Definition of Small Cigars- Paragraphs (1) and (2) of section 5701(a) of the Internal Revenue Code of 1986 are each amended by striking ‘three pounds per thousand’ and inserting ‘four and one-half pounds per thousand’.
(e) Clarification of Definition of Cigarette- Paragraph (2) of section 5702(b) of the Internal Revenue Code of 1986 is amended by inserting before the final period the following: ‘, which includes any roll for smoking containing tobacco that weighs no more than four and a half pounds per thousand, unless it is wrapped in whole tobacco leaf and does not have a cellulose acetate or other cigarette-style filter’.
(f) Tax Parity for Smokeless Tobacco-
(1) IN GENERAL- Section 5701(e) of the Internal Revenue Code of 1986 is amended–
(A) in paragraph (1), by striking ‘$1.51’ and inserting ‘$26.79’;
(B) in paragraph (2), by striking ‘50.33 cents’ and inserting ‘$10.72’; and
(C) by adding at the end the following:
‘(3) SMOKELESS TOBACCO SOLD IN DISCRETE SINGLE-USE UNITS- On discrete single-use units, $100.50 per each 1,000 single-use units.’.
You can view the full text of this legislation right here. Please notice that some of the tax increases are absolutely mind blowing. For example, the tax rate on pipe tobacco is going from 2.8311 cents to $49.55.
Now that is a tax increase you can really sink your teeth into.
We are seeing “quiet” tax increases like this happen on every level of government all over the United States.
Of course I haven’t even mentioned all of the fines and fees and “registration” charges that state and local governments are hitting us with.
Have you gone to renew your car registration lately? In some states (such as California) the fees have gotten absolutely ridiculous.
Speaking of California, it looks like they are getting ready to target cellphone users once again.
According to USA Today, California is getting ready to seriously jack up the fines for talking on a cellphone while driving….
The state Senate has sent a bill to Gov. Edmund G. Brown Jr. raising the basic fine for a first automotive offense from $20 to $50, the Sacramento Bee reports. For subsequent offenses, the fine would rise from $50 to $100. That’s not the worst of it: by the time state and local assessments are added on, the total for a first offense rises to between $208 to $328. For additional tickets, make that $328 to $528.
Yes, talking on a cellphone while driving is dangerous. But hitting people with tickets of $300, $400 or even $500 is not about safety. It is all about revenue generation.
Right now we are seeing an epidemic of speed traps all over the country. State and local governments are desperate for money, and they see speeders as an easy source of revenue. You can read more about this phenomenon right here.
Speaking of “revenue”, that seems to have become Barack Obama’s new favorite word lately. He seems absolutely obsessed with raising more money for the federal government. The Obamacare law was absolutely packed to the gills with new taxes, but now he wants even more.
Yes, it is true that the wealthy are getting away with murder under our current tax system. I find it highly offensive that many people that make millions of dollars each year are able to find ways to pay much, much smaller percentages of their incomes in taxes than I do.
But raising tax rates isn’t going to solve the problem. Those that are masters at avoiding taxes are going to continue to do so. Meanwhile, middle class Americans and small businesses will continue to get bled to death.
Our current tax system is fundamentally broken and needs to be completely thrown out and replaced.
However, no system is going to work until the federal government gets a handle on its spending addiction.
In the past couple of years, spending by the federal government as a share of GDP has been the highest that it has been since World War II.
You would think that there should be plenty of fat to trim, but as the recent debt ceiling deal clearly demonstrated, our politicians do not intend to significantly reduce government spending.
They are just going to keep borrowing, spending and finding more ways to tax us.
All of this nonsense in Washington D.C. is part of the reason why Americans are so displeased with Congress at this point. According to Gallup, 84 percent of Americans now disapprove of the way Congress is doing its job, which is a brand new all-time high.
The truth is that sending more money to Washington D.C. is not going to “fix” things.
The federal government has multiplied in size over the past several decades, and yet the number of poor people just continues to increase.
Giving the poor more handouts may ease their suffering for a little while, but it is not the solution to their problems. What they really need are good jobs, but our politicians have very busy setting up unfair trade agreements that allow millions of our jobs to be shipped overseas, and they continue to suffocate businesses in this country with mountains of ridiculous regulations.
No, the people that truly benefit when more money flows to the federal government are the fatcats that live and work around Washington D.C.
The past few decades have been a bonanza for government contractors, lobbyists and lawyers in the D.C. area.
According to the Washington Post, those living in the Washington D.C. metropolitan area now have a higher median household income than anyone else in the country….
Washingtonians now enjoy the highest median household income of any metropolitan area in the country, and five of the top 10 jurisdictions in America — Loudoun, Howard and Fairfax counties, and Falls Church and Fairfax City — are here, census data shows.
The signs of that wealth are on display all over, from the string of luxury boutiques such as Gucci and Tory Burch opening at Tysons Galleria to the $15 cocktails served over artisanal ice at the W Hotel in the District to the ever-larger houses rising off River Road in Potomac.
There is a ton of money in the D.C. area. I know. I used to work there. Approximately one third of the GDP of the region comes from spending by the federal government. Even during this recent economic downturn, the Washington D.C. region continues to do really, really well.
So, no, raising taxes is not going to fix what ails us. It would just feed the monster that we have created in Washington.
We are already being taxed into oblivion. Middle class America can’t take much more of this.
We need to change our entire approach to taxation in this country, because right now our tax system is fundamentally unfair and it is not working.
So what do all of you think about our tax system? Please feel free to post a comment with your opinion below….
20 Signs That The World Could Be Headed For An Economic Apocalypse In 2012
If you thought that 2011 was a bad year for the world economy, just wait until you see what happens in 2012. The U.S. and Europe are both dealing with unprecedented debt problems, the financial markets are flailing about wildly, austerity programs are being implemented all over the globe, prices on basics such as food are soaring and a lot of consumers are flat out scared right now. Many analysts now fear that a “perfect storm” could be brewing and that we could actually be headed for an economic apocalypse in 2012. Hopefully that will not happen. Hopefully our leaders can keep the global economy from completely falling apart. But right now, things don’t look good. After a period of relative stability, things are starting to become unglued once again. The next major financial panic could literally happen at any time. Sadly, if we do see an economic apocalypse in 2012, it won’t be the wealthy that suffer the most. It will be the poor, the unemployed, the homeless and the hungry that feel the most pain.
The following are 20 signs that we could be headed for an economic apocalypse in 2012….
#1 Back in 2008 we saw major rioting around the world due to soaring food prices, and now global food prices are on the rise again. Global food prices in July were 33 percent higher than they were one year ago. Price increases for staples such as maize (up 84 percent), sugar (up 62 percent) and wheat (up 55 percent) are absolutely devastating poverty-stricken communities all over the planet. For example, one expert is warning that 800,000 children living in the Horn of Africa could die during this current famine.
#2 The producer price index in the U.S. has increased at an annual rate of at least 7.0% for the last three months in a row. We are starting to see huge price increases all over the place. For example, Starbucks recently jacked up the price of a bag of coffee by 17 percent. If inflation keeps accelerating like this we could be facing some very serious problems by the time 2012 rolls around.
#3 The U.S. “Misery Index” (unemployment plus inflation) recently hit a 28 year high and many believe that it is going to go much, much higher.
#4 Jared Bernstein, the former chief economist for Vice President Joe Biden, says that the unemployment rate in this country will not go below 8% before the 2012 election. In fact, Bernstein says that “the most optimistic forecast would be for about eight-and-a-half percent.”
#5 Working class jobs in the United States continue to disappear at an alarming rate. Back in 1967, 97 percent of men with a high school degree between the ages of 30 and 50 had jobs. Today, that figure is 76 percent.
#6 There are all kinds of indications that U.S. economic growth is about to slow down even further. For example, pre-orders for Christmas toys from China are way down this year.
#7 One recent survey found that 9 out of 10 U.S. workers do not expect their wages to keep up with the rising cost of basics such as food and gasoline over the next year.
#8 U.S. consumer confidence is now at its lowest level in 30 years.
#9 Today, an all-time record 45.8 million Americans are on food stamps. It is almost inconceivable that the largest economy on earth could have so many people dependent on the government for food.
#10 As the economy crumbles, we are also witnessing the fabric of society beginning to come apart. The recent flash mob crimes that we are starting to see all over America are just one example of this.
#11 Some desperate Americans are already stealing anything that they can get their hands on. For example, according to the American Kennel Club, dog thefts are up 32 percent this year.
#12 Small businesses all over the United States are having a really difficult time getting loans right now. Perhaps if the Federal Reserve was not paying banks not to make loans things would be different.
#13 The U.S. national debt is like a giant boulder that our economy must constantly carry around on its back, and it is growing by billions of dollars every single day. Right now the debt of the federal government is $14,592,242,215,641.90. It has gone up by nearly 4 trillion dollars since Barack Obama took office. S&P has already stripped the U.S. of its AAA credit rating, and more downgrades are certain to come if the U.S. does not get its act together.
#14 Tensions between the United States and China are rising again. A new opinion piece on chinadaily.com is calling for the Chinese government to use its holdings of U.S. debt as a “financial weapon” against the United States if the U.S. follows through with a plan to sell more arms to Taiwan. The U.S. and China are the two biggest economies in the world, so any trouble between them would mean economic trouble for the rest of the globe as well.
#15 Most state and local governments in the U.S. are deep in debt and flat broke. Many of them are slashing jobs at a feverish pace. According to the Center on Budget and Policy Priorities, state and local governments have eliminated more than half a million jobs since August 2008. UBS Investment Research is projecting that state and local governments in the U.S. will cut 450,000 more jobs by the end of 2012. How those jobs will be replaced is anyone’s guess.
#16 The U.S. dollar continues to get weaker and weaker. This is renewing calls for a new global currency to be created to replace the U.S. dollar as the reserve currency of the world.
#17 The European sovereign debt crisis continues to get worse. Countries like Portugal, Italy and Greece are on the verge of an economic apocalypse. All of the financial problems in Europe are even beginning to affect the core European nations. For example, German industrial production declined by 1.1% in June. There are all kinds of signs that the economy of Europe is slowing down and is heading for a recession. French President Nicolas Sarkozy and German Chancellor Angela Merkel are proposing that a new “economic government” for Europe be set up to oversee this debt crisis, but nothing that the Europeans have tried so far has done much to solve things.
#18 The Federal Reserve is so desperate to bring some sort of stability to financial markets that it has stated that it will likely keep interest rates near zero all the way until mid-2013. The Federal Reserve is operating in “panic mode” almost constantly now and they are almost out of ammunition. So what is going to happen when the real trouble starts?
#19 Central banks around the world certainly seem to be preparing for something. According to the World Gold Council, central banks around the globe purchased more gold during the first half of 2011 than they did all of last year.
#20 Often perception very much influences reality. One recent survey found that 48 percent of Americans believe that it is likely that another great Depression will begin within the next 12 months. If people expect that a depression is coming and they quit spending money that actually increases the chance that an economic downturn will occur.
There is already a tremendous amount of economic pain on the streets of America, but unfortunately it looks like things may get even worse in 2012.
The once great economic machine that was handed down to us by our forefathers is falling to pieces all around us and we are in debt up to our eyeballs. The consequences of our bad economic decisions are hurting some of the most vulnerable members of our society the most.
As the following video shows, large numbers of formerly middle class Americans are now living in their cars or sleeping in the streets….
20 Signs That The World Could Be Headed For An Economic Apocalypse In 2012
If you thought that 2011 was a bad year for the world economy, just wait until you see what happens in 2012. The U.S. and Europe are both dealing with unprecedented debt problems, the financial markets are flailing about wildly, austerity programs are being implemented all over the globe, prices on basics such as food are soaring and a lot of consumers are flat out scared right now. Many analysts now fear that a “perfect storm” could be brewing and that we could actually be headed for an economic apocalypse in 2012. Hopefully that will not happen. Hopefully our leaders can keep the global economy from completely falling apart. But right now, things don’t look good. After a period of relative stability, things are starting to become unglued once again. The next major financial panic could literally happen at any time. Sadly, if we do see an economic apocalypse in 2012, it won’t be the wealthy that suffer the most. It will be the poor, the unemployed, the homeless and the hungry that feel the most pain.
The following are 20 signs that we could be headed for an economic apocalypse in 2012….
#1 Back in 2008 we saw major rioting around the world due to soaring food prices, and now global food prices are on the rise again. Global food prices in July were 33 percent higher than they were one year ago. Price increases for staples such as maize (up 84 percent), sugar (up 62 percent) and wheat (up 55 percent) are absolutely devastating poverty-stricken communities all over the planet. For example, one expert is warning that 800,000 children living in the Horn of Africa could die during this current famine.
#2 The producer price index in the U.S. has increased at an annual rate of at least 7.0% for the last three months in a row. We are starting to see huge price increases all over the place. For example, Starbucks recently jacked up the price of a bag of coffee by 17 percent. If inflation keeps accelerating like this we could be facing some very serious problems by the time 2012 rolls around.
#3 The U.S. “Misery Index” (unemployment plus inflation) recently hit a 28 year high and many believe that it is going to go much, much higher.
#4 Jared Bernstein, the former chief economist for Vice President Joe Biden, says that the unemployment rate in this country will not go below 8% before the 2012 election. In fact, Bernstein says that “the most optimistic forecast would be for about eight-and-a-half percent.”
#5 Working class jobs in the United States continue to disappear at an alarming rate. Back in 1967, 97 percent of men with a high school degree between the ages of 30 and 50 had jobs. Today, that figure is 76 percent.
#6 There are all kinds of indications that U.S. economic growth is about to slow down even further. For example, pre-orders for Christmas toys from China are way down this year.
#7 One recent survey found that 9 out of 10 U.S. workers do not expect their wages to keep up with the rising cost of basics such as food and gasoline over the next year.
#8 U.S. consumer confidence is now at its lowest level in 30 years.
#9 Today, an all-time record 45.8 million Americans are on food stamps. It is almost inconceivable that the largest economy on earth could have so many people dependent on the government for food.
#10 As the economy crumbles, we are also witnessing the fabric of society beginning to come apart. The recent flash mob crimes that we are starting to see all over America are just one example of this.
#11 Some desperate Americans are already stealing anything that they can get their hands on. For example, according to the American Kennel Club, dog thefts are up 32 percent this year.
#12 Small businesses all over the United States are having a really difficult time getting loans right now. Perhaps if the Federal Reserve was not paying banks not to make loans things would be different.
#13 The U.S. national debt is like a giant boulder that our economy must constantly carry around on its back, and it is growing by billions of dollars every single day. Right now the debt of the federal government is $14,592,242,215,641.90. It has gone up by nearly 4 trillion dollars since Barack Obama took office. S&P has already stripped the U.S. of its AAA credit rating, and more downgrades are certain to come if the U.S. does not get its act together.
#14 Tensions between the United States and China are rising again. A new opinion piece on chinadaily.com is calling for the Chinese government to use its holdings of U.S. debt as a “financial weapon” against the United States if the U.S. follows through with a plan to sell more arms to Taiwan. The U.S. and China are the two biggest economies in the world, so any trouble between them would mean economic trouble for the rest of the globe as well.
#15 Most state and local governments in the U.S. are deep in debt and flat broke. Many of them are slashing jobs at a feverish pace. According to the Center on Budget and Policy Priorities, state and local governments have eliminated more than half a million jobs since August 2008. UBS Investment Research is projecting that state and local governments in the U.S. will cut 450,000 more jobs by the end of 2012. How those jobs will be replaced is anyone’s guess.
#16 The U.S. dollar continues to get weaker and weaker. This is renewing calls for a new global currency to be created to replace the U.S. dollar as the reserve currency of the world.
#17 The European sovereign debt crisis continues to get worse. Countries like Portugal, Italy and Greece are on the verge of an economic apocalypse. All of the financial problems in Europe are even beginning to affect the core European nations. For example, German industrial production declined by 1.1% in June. There are all kinds of signs that the economy of Europe is slowing down and is heading for a recession. French President Nicolas Sarkozy and German Chancellor Angela Merkel are proposing that a new “economic government” for Europe be set up to oversee this debt crisis, but nothing that the Europeans have tried so far has done much to solve things.
#18 The Federal Reserve is so desperate to bring some sort of stability to financial markets that it has stated that it will likely keep interest rates near zero all the way until mid-2013. The Federal Reserve is operating in “panic mode” almost constantly now and they are almost out of ammunition. So what is going to happen when the real trouble starts?
#19 Central banks around the world certainly seem to be preparing for something. According to the World Gold Council, central banks around the globe purchased more gold during the first half of 2011 than they did all of last year.
#20 Often perception very much influences reality. One recent survey found that 48 percent of Americans believe that it is likely that another great Depression will begin within the next 12 months. If people expect that a depression is coming and they quit spending money that actually increases the chance that an economic downturn will occur.
There is already a tremendous amount of economic pain on the streets of America, but unfortunately it looks like things may get even worse in 2012.
The once great economic machine that was handed down to us by our forefathers is falling to pieces all around us and we are in debt up to our eyeballs. The consequences of our bad economic decisions are hurting some of the most vulnerable members of our society the most.
As the following video shows, large numbers of formerly middle class Americans are now living in their cars or sleeping in the streets….
It is a crying shame what is happening out there on the streets of America today.
Please say a prayer for all of those that are sleeping in cars or tents or under bridges tonight.
…Finally, one more time because I get the very strong sense that most people in this country simply aren’t comprehending the financial situation: NO FINANCIAL INSTRUMENT that is based on “paper”, “contracts”, “notes” or “promises” is safe.
Zeros and ones on computer servers are NON-EXISTENT ENTITIES that, up until this point, have been deemed by society to have value and meaning based upon the full faith and credit of the United States government and the financial system as a whole. We now know that the United States Government is completely DEVOID of faith OR credit, is totally insolvent, and is populated by the scum of the known universe. The same pretty much goes for the financial system. Moving your stock holdings from one portfolio profile to another, or from stocks to bonds, or even from stocks to cash is not really accomplishing the objective, which is to become as far removed from promise-based instruments as possible (emphasis added – WRSA).
If and when the big poop hits the big fan, the only things that will have any value whatsoever are things that you can physically stand in front of with a long gun and defend. And I’m dead serious. You can’t physically defend zeroes and ones on a computer server. You can’t even defend those pieces of paper that say “Federal Reserve Note” across the top, because the government can render those worthless without having to physically confiscate them simply by printing trillions more of them . . . which they already have done and are getting ready to do any day now.
Long guns (Not handguns, people. You don’t fight wars with pistols.), ammunition, freeze-dried food or MREs, water, water, water, fuel, medications, more guns, more ammo, more water, barter currencies (silver coinage), wealth-storing currencies (gold), more guns and more ammo – these things you can physically defend.
Here’s a little sci-fi scenario that has a greater probability.
What if productive, intelligent people were forced from their indifference and culture of tolerance due to a survival threat from the hordes of useless parasites? What if they industrialized the removal of these drains on their means of subsistence and the very futures of their children?
The subservience that the would be masters seek in their populations does not always produce a docile, numb populace of forelock tugging serfs. The process can take a wrong turn, and produce a logical, calculating organic machine that is no longer bound by the restraints of humanity, charity or empathy.
They are idiot children, playing with razor blades. Blood must flow in this scenario. The leftist, self-righteous greens will get their wish.
Remember that the printing press that Turbo Tim and The Ben Bernank are using is actively devaluing the ChiCom asset holdings as they also destroy American purchasing power.
Do you think the Chinese Communist government, history’s greatest mass murderers, will take that financial raping without consequence to the perpetrators?
The following is an installment in AltRight’s ongoing series “So This Is How It Ends” (STIHIE), which chronicles instances of decadence so advanced that one can only conclude and hope that we are living in a terminal stage of Western civilization.
It was the worst of times, it was the not quite so worst of times. The predecessor to this book was called America Alone: The End of the World as We Know It, and, given the title, you may be tempted to respond, “C’mon, man. You told us last time it was the end of the world. Well, where the hell is it? I want my money back. Instead, you come breezing in with this season’s Armageddonouttahere routine. It’s like Barbra Streisand farewell tours—there’ll be another along next summer.”
Well, now: America Alone: The End of the World as We Know It was about the impending collapse of all of the Western world except America.
The good news is that the end of the rest of the West is still on schedule. The bad news is that America shows alarming signs of embracing the same fate, and then some.
Nobody writes a doomsday tome because they want it to come true. From an author’s point of view, the apocalypse is not helpful: the bookstores get looted and the collapse of the banking system makes it harder to cash the royalty cheque. But Cassandra’s warnings were cursed to go unheeded, and so it seems are mine. Last time ’round, I wrote that Europe was facing a largely self-inflicted perfect storm that threatened the very existence of some of the oldest nation-states in the world. My warning proved so influential that America decided to sign up for the same program, but supersized. Heigh-ho.
It starts with the money. In “The Run Upon the Bankers” (1720), Jonathan Swift wrote:
A baited banker thus desponds,
From his own hand foresees his fall,
They have his soul, who have his bonds;
’Tis like the writing on the wall.
A lot of writing on the wall these days. Who has the bonds of a “developed world” developed to the point that it’s institutionally conditioned to living beyond its means? Foreigners with money. So who’s available and flush enough? The Chinese Politburo; Saudi sheikhs lubricated with oil but with lavish worldwide ideological proselytizing to fund; Russian “businessmen.” These are not the fellows one might choose to have one’s bonds, never mind one’s soul, but there aren’t a lot of other options.
So it starts with the money—dry stuff about numbers and percentage of GDP. As Sen. Michael Bennet of Colorado fumed to a room of voters in 2010, “We have managed to acquire $13 trillion of debt on our balance sheet. In my view, we have nothing to show for it.”
He’s right—and $13 trillion is the lowest of lowball estimates. But why then did Sen. Bennet vote for the “stimulus” and ObamaCare and all the other trillion-dollar binges his party blew through? Why did Sen. Bennet string along and let the 111th Congress (2009-2011) run up more debt than the first one hundred Congresses (1789-1989) combined? Panicked by pre-election polls into repudiating everything he’d been doing for the previous two years, the senator left it mighty late to rediscover his virtue. You would think that Colorado voters might have remembered that, like Groucho Marx apropos Doris Day, they knew Michael Bennet before he was a virgin. Alas, an indulgent electorate permitted the suddenly abstemious spendaholic to squeak back into office.
And, contra Sen. Bennet, eventually you do have something to show for it. It starts with the money, but it doesn’t stop there. It ends with a ruined and reprimitivized planet, in fewer easy stages than you might expect. Let’s take a thought by the economist Herbert Stein:
“If something cannot go on forever, it will stop.”
This is a simple but profound observation. Dr. Stein first used it in the context of the long-ago debts and deficits of the Reagan era. “The Federal debt cannot rise forever relative to the GNP. Our foreign debt cannot rise forever relative to the GNP,” he said. “But, of course, if they can’t, they will stop.” It was, as he later wrote, “a response to those who think that if something cannot go on forever, steps must be taken to stop it—even to stop it at once.” And he has a point: if something can’t go on, you don’t have to figure out a way to stop it, because it’s going to stop anyway.
Eventually.
As you might have noticed, since he first made the observation, the debt has gone on rising, very dramatically. But the truth is unarguable. If you’re careening along a road toward a collapsed bridge, you’ll certainly stop, one way or the other. But it makes a difference, at least to you, whether you skid to a halt four yards before the cliff edge or whether you come to rest at the bottom of the ravine.
In 2010, Douglas Elmendorf, director of the Congressional Budget Office (CBO), described current U.S. deficits as “unsustainable.” On that everyone’s agreed. So let’s make them even more so! On assuming office, President Obama assured us, with a straight face, that his grossly irresponsible wastrel of a predecessor had taken the federal budget on an eight-year joyride. So the only way his sober, fiscally prudent successor could get things under control was to grab the throttle and crank it up to what Mel Brooks in Spaceballs (which seems the appropriate comparison) called “Ludicrous Speed.” Let’s head for the washed-out bridge, but at Obamacrous Speed!
The Spendballs plans of the Obama administration took the average Bush deficit for the years 2001-2008 and doubled it, all the way to 2020. “We’ve got a big hole that we’re digging ourselves out of,” the President declared in 2011. Usually, when you’re in a hole, it’s a good idea to stop digging. But, seemingly, to get out of the Bush hole, we needed to dig a hole twice as deep for one-and-a-half times as long. And that’s according to the official projections of the President’s economics czar, Ms. Rose Coloured-Glasses.
By 2020, the actual hole will be so deep that even if you toss every Obama speech down it on double-spaced paper you still won’t be able to fill it up. In the spendthrift Bush days, federal spending as a proportion of GDP averaged 19.6 per cent. That’s crazy. Obama’s solution was to attempt to crank it up to 25 to 30 per cent as a permanent feature of life. That’s load up the suicide-bomber underpants and pass me the matches.
The CBO doesn’t put it quite like that. Musing on the likelihood of a sudden fiscal crisis, it murmurs blandly, “The exact point at which such a crisis might occur for the United States is unknown, in part because the ratio of federal debt to GDP is climbing into unfamiliar territory.”
But it’ll get real familiar real soon. A lot of the debate about America’s date with destiny has an airy-fairy beyond-the-blue-horizon mid-century quality, all to do with long-term trends and other remote indicators. In fact, we’ll be lucky to make it through the short-term in sufficient shape to get finished off by the long-term. According to CBO projections, by 2055, interest payments on the debt will exceed federal revenues. But I don’t think we’ll need to worry about a “Government of the United States” at that stage. By 1788, Louis XVI’s government in France was spending a mere 60 per cent of revenues on debt service, and we know how that worked out for the House of Bourbon shortly thereafter.
So take your eye off the far prospect, and instead look about 14 inches in front of your toecap. Within a decade, the United States will be spending more of the federal budget on its interest payments than on its military. You read that right: more on debt service than on the armed services. According to the CBO’s 2010 long-term budget outlook, by 2020 the government will be paying between 15 and 20 per cent of its revenues in debt interest. Whereas defence spending will be down to between 14 and 16 per cent.
Just to clarify: we’re not talking about paying down the federal debt, just keeping up with the annual interest charges on it. Yet within a decade the United States will be paying more in interest payments than it pays for the military—and that’s not because the Pentagon is such a great bargain. In 2009, the United States accounted for over 43 per cent of the world’s military expenditures. So America will be spending more on debt interest than China, Britain, France, Russia, Japan, Germany, Saudi Arabia, India, Italy, South Korea, Brazil, Canada, Australia, Spain, Turkey, and Israel spend on their militaries combined. The superpower will have evolved from a nation of aircraft carriers to a nation of debt carriers. The CBO numbers foresee net interest payments rising from nine per cent of revenue to 36 per cent in 2030, then to 58 per cent in 2040, and up to 85 per cent in 2050. If that trajectory holds, we’ll be spending more than the planet’s entire military budget on debt interest.
But forget mid-century—because, unless something changes, whatever goes by the name of “America” under those conditions isn’t worth talking about.
By 2010, about half our debt was owned by foreigners, and somewhere over a quarter of that was held by the Chinese (officially).
What does that mean? In 2010, the U.S. spent about $663 billion on its military, China about $78 billion. If the People’s Republic carries on buying American debt at the rate it has in recent times, then within a few years U.S. interest payments on that debt will be covering the entire cost of the Chinese armed forces. In 2010, the Pentagon issued an alarming report to Congress on Beijing’s massive military buildup, including new missiles, upgraded bombers, and an aircraft carrier research and development program intended to challenge U.S. dominance in the Pacific. What the report didn’t mention is who’s paying for it.
Answer: Mr. and Mrs. America.
To return to the President’s declared strategy: “We’ve got a big hole that we’re digging ourselves out of.” Every politician’s First Rule of Holes used to be: when you’re in one, stop digging. If you don’t, as every child knows, eventually you dig so deep you come out on the other side of the world—someplace like, oh, China. By 2015 or so, the People’s Liberation Army, which is the largest employer on the planet, bigger even than the U.S. Department of Community-Organizer Grant Applications, will be entirely funded by U.S. taxpayers. As Bugs Bunny is wont to say when his tunnel comes out somewhere unexpected: “I musta took a wrong turn at Albuquerque.” Indeed. When the Commies take Taiwan, suburban families in Albuquerque and small businesses in Pocatello will have paid for it.
And even that startling scenario is premised on the most optimistic assumptions—of resumed economic growth but continued low interest rates. If interest rates were to return to, say, 5.7 per cent (the average for the period 1990-2010), the debt service projections for 2015 would increase from $290 billion to $847 billion. China would be in a position to quadruple its military budget and stick U.S. taxpayers with the bill.
The existential questions for America loom not decades hence, but right now. It is not that we are on a luge ride to oblivion but that the prevailing political realities of the United States do not allow for any meaningful course correction. And, without meaningful course correction, America is doomed.
Jonathan Swift’s “writing on the wall” comes from Belshazzar’s feast:
Babylon’s king is whooping it up when, in the midst of his revelries, disembodied fingers spell out the words “mene mene, tekel, upharsin.” They’re currency units: half-dollar, half-dollar, penny and two bits. Only Daniel the Jew understands what it means:
Mene: “God hath numbered thy kingdom, and finished it.”
Tekel: “Thou art weighed in the balances, and art found wanting.”
Upharsin: “Thy kingdom is divided, and given to the Medes and Persians.”
Today, the units are larger than in Babylon: “Mene mene, tekel, upharsin” is now trillion trillion, billion, half-trillion. But the upshot’s the same. We’ve spent too much of tomorrow today—to the point where we’ve run out of tomorrow: fiscally, our days are numbered; structurally, we’ve been weighed in the balances and found wanting; and geopolitically, the Medes are thin on the ground but the Persians have gone nuclear.
Each issue of Macleans for only 91 cents. Subscribe now.
Blacks make up 12% of the US population. However they make up 18% of the entire Federal workforce due to preferential treatment in hiring known as “affirmative action.”
Despite the fact that blacks are overrepresented in the Federal workforce by a full 50%, Obama ordered all agencies to increase the number of blacks hired. King Obama has ordered that the hiring of blacks be increased across the board within 180 days.
Left-wing extremist Ben Jealous, who heads the NAACP, praised Obama for this action. He then issued a hateful anti-white diatribe claiming that white people are holding back black people from getting jobs. Jealous stated “we are a country where it’s easier for a white male with a felony record to find a job than a black man that has never committed a crime, and that in itself is a crime.” Actually, America is a country where white people are bending over backwards to appease blacks, and white hating extremists like Ben Jealous continue to complain.
Mein Obama (Zod Obama) is finally ready to “unleash us” – what Black militant Maxine Waters implored to have happen at a Congressional Black Caucus (CBC) event in Detroit regarding Black unemployment and Obama’s silence on the matter – with an Executive Order to increase the already over-represented number of Black people working within the Federal Government:
President Barack Obama signed an executive order Thursday directing federal officials to design a government-wide strategy for making the federal workforce more diverse.
The three-page order directs the head of the Office of Personnel Management, a deputy director at the Office of Management and Budget, the President’s Management Council and the chairman of the Equal Employment Opportunity Commission to develop the strategy within 90 days. Agencies then have 120 days to work the plan into their hiring and recruiting.
An Office of Personnel Management report says that in fiscal year 2010, the federal workforce was 66.2 percent white, 17.7 percent black, 8 percent Hispanic, 5.6 percent Asian/Pacific Islander and 1.8 percent Native American. It was 56.1 percent male.
Obama is planning to unveil job creation proposals next month. Some black lawmakers and leaders have criticized him for not directly addressing unemployment among blacks.
Blacks and Hispanics have been hit hard by the recession and are suffering unemployment rates of 15.6 percent and 11.3 percent respectively, higher than the 9.1 percent national average.
Ben Jealous, president of the NAACP, said fighting job discrimination is as important for minorities as job creation.
“We are a country where it’s easier for a white male with a felony record to find a job than a black man that has never committed a crime, and that in itself is a crime,’’ Jealous said.
The Federal workforce seems pretty diverse already, but Mein Obama won’t rest until it resembles the look and feel of the Detroit city government. So effectively, Obama has declared a hiring freeze on qualified white applicants while demanding that every Black person who applies for potential employment with the government be hired immediately.
Someone should remind Mein Obama that the Federal workforce already employs a disproportionate share of Black people. Taking on even more Black people that the private workforce can’t find room to employ – because, they actually have to produce profits – will only further augment their share of the Federal employees:
Though 10 percent of the U.S. civilian labor force, African-Americans are 18 percent of U.S. government workers. They are 25 percent of the employees at Treasury and Veterans Affairs, 31 percent of the State Department, 37 percent of Department of Education employees and 38 percent of Housing and Urban Development. They are 42 percent of the Equal Employment Opportunity Commission and Pension Benefit Guaranty Corp., 55 percent of the employees at the Government Printing Office and 82 percent at the Court Services and Offender Supervision Agency.
When the Obama administration suggested shutting down Fannie Mae and Freddie Mac, the mortgage giants whose losses of $150 billion have had to be made up by taxpayers, The Washington Post warned, in a story headlined, “Winding Down Fannie and Freddie Could Put Minority Careers at Risk,” that 44 percent of Fannie employees and 50 percent of Freddie’s were persons of color.
In Washington, D.C., we have also seen the result of government cuts on African-American leaders who had to approve those cuts.
According to OPM’s FY 2006 report, all 23 independent federal agencies exceeded their racial quotas for hiring blacks by dozens or even hundreds of percent.
This year the First Place prize in the federal quota competition again goes to Court Services and Offender Services (CSOS) for employing 808% more blacks than their affirmative action target (quota).
The five best independent agencies for overhing blacks in FY 2006 were CSOS (808%), U.S. GPO (503%), the Pension Benefit Guaranty Corporation (PBGC) at 409%, the EEOC (401%), and the Smithsonian Institution (338%).
The five “worst” agencies for blacks still over shot their racial quotas by significant amounts: NASA (49%), the National Credit Union Association (NCUA) at 62%, NRC (68%), FDIC (97%), and the Securities and Exchange Commission at 113%. These percentages represent the amount by which the agency overhired blacks as compared to the availability of this group in the civilian work force.
It’s becoming increasingly obvious that Black-Run America has declared war on white males. The Marines number one objective is now finding Black people capable of replacing white soldiers ready to die – with little regard for valor – for a country that hates them and wishes to e-race their chances of promotion by locating only Black people to promote:
The commandant of the Marine Corps vowed Tuesday to increase the number of black officers, improve minority recruiting and memorialize the service’s first black troops.
Gen. James Amos told about 500 members of the National Naval Officers Association meeting in San Diego that he was “heartbroken” when he examined the status of blacks in the Marine Corps shortly after becoming commandant last fall.
“We’re just not there,” the 64-year-old four-star general said. “We’re not the face of society.”
Amos, who became the 35th commandant on Oct. 22, said black officers numbered 5.6 percent of the total number of officers in 2010.
The general said that although blacks make up about 13 percent of the U.S. population, they comprise 10 percent of the 202,000-troop Marine Corps.
“It’s not a quota I’m after, but I’ve got to pay attention to the numbers,” Amos told the naval officers association, a group made up mostly of U.S. Navy, Marine Corps and Coast Guard officers. “I just know I’m not happy with where we are.”
The Marine Corps promoted just 60 blacks among 1,073 promotions to the rank of lieutenant in 2010, he said. Amos said he wants to raise that 3.5 percent figure to at least 5 percent by the end of this year. “We’re changing our entire approach,” he said, striding across the floor of a hotel ballroom as he made his remarks. “We’re going to improve this year, next year and the year after that.”
As you will see in a book being released around Veteran’s Day of 2011, every branch of the military is doing their best to increase their percentages of Black Air Force pilots; Black intelligence officers; Black people within the ranks of Special Forces; and Black enrollment at the Naval and Air Force Academies. I have long admired the military – many of my good friends are pilots or officers – but it is no longer tasked with defending America from foreign threats, but tasked with defending America’s true best interest; the promotion and advancement of Black people.
“Unleash Us.” What a perfect quote that perfectly encapsulates what has happened to America. Black people have been unleashed already. Ask yourself why the US Postal Service, where 28 percent of Postal Service Clerks and 26 percent of Postal Service Mail Sorters, Processors, and Processing Machine Operators are Black people, is failing. It should be noted that 2 of the top 10 jobs in America with the highest Black percentage of the workforce are with the US Postal Service, a de facto jobs program for Black people.
Thegrio.com bemoans the necessary cuts needed to bring the US Postal Service out of massive debt, because it will impact the Black community negatively, despite the Black communities involvement in the Postal Service being a wholly negative affair:
Over the last century, the Postal Service has served as a reliable source of employment for minorities, providing them with a steady stream of well-paying jobs and decent insurance and pension packages. This is particularly true for African-Americans, who have historically regarded postal positions as viable middle collar careers. According to Philip Rubio, author of There’s Always Work at the Post Office: African American Postal Workers and the Fight for Jobs, Justice and Equality, by 1970, blacks made up one-fifth of the postal workforce and “were twice as likely to work at the post office than whites,” which paved the way for many other minorities to seek employment by the agency. The potential cuts to 20 percent of the Postal Service workforce, and the slashing of its benefit programs have left many wondering what effect it will have on those in the black community who depend on the USPS for their livelihoods.
As the nation recovers from a poor economy and staggering unemployment rates that are at Depression-era levels for African Americans nationwide, the proposed layoffs have the potential to send some black households spiraling into a chasm of financial uncertainty. And with a recent Pew Research Center study finding that the Recession hit minorities families the hardest and caused their median wealth to fall well below that of white families, it could also cause thousands of African-American postal workers who were considered to be part of a thriving middle class to become another statistic of this negative trend.
Go to Detroit to see what happens when Black people are unleashed; go to Newark to see what happens when you “unleash us” and allow Black people to take over; go to Atlanta and enroll your kids in Atlanta Public Schools (APS), or move to Philadelphia and enroll them there. Perhaps Washington D.C. as well.
Move to Clayton County and see what happens when the Black Undertow takes over. See what happens when Black people are unleashed.
There’s not much else to say. “Unleash us” is the most apt way to describe what has already happened in America. Now that white males – and white females – are effectively deprived of seeking employment in the Federal workforce, all you can do is laugh.
What kind of world do conservatives and libertarians believe will be created if these types of affirmative action hiring practices are removed and we have a country where only merit matters? If Ron Paul were elected president, do you think Black people would voluntarily give up a system of government (BRA) that has advanced probably 90 percent of Black people beyond where their individual merit could take them?
Why would Black people vote for a political party that would take away things like TANF/Welfare, curtail EBT/Food Stamps and do away with Section 8 Housing?
A libertarian or conservative president would probably cut the Federal bureaucracy in half (well, we all know Reagan and Bush I or II didn’t do that, but whatever), depriving Black people of the artificial means for a middle-class existence. Why would Black people ever vote for their economic dispossession? Why would they vote for a guy like Ron Paul who touts some strange political philosophy of individualism, when clinging to the Black collective has worked out so well for Black people?
Black people in BRA have absolute freedom, as this summer’s Mahogany Mobs have shown. But there does exist a dark side to BRA.
Even in a country where every conceivable effort is made to uplift Black people beyond their merit, Black unemployment is at depression levels. In Atlanta at one of those CBC events discussing Black unemployment, 5,000 Black people waited for hours just for the opportunity to interview for one of the jobs with the 90 companies there:
Thousands of unemployed waited overnight, camping out in their business suits and office heels and braving the tormenting heat in Atlanta to stand in line for a job fair Thursday. Authorities treated 20 people for heat exhaustion as they struggled to keep the line moving and get people moved inside.
The incredible turnout at the job fair comes on the heels of the state labor commissioner’s announcement that Georgia’s jobless rate rose.
The state unemployment rate increased to 10.1 percent in July from the 9.9 percent in June. The unemployment rate for African-Americans stands at 15.9 percent, far above the national rate of 9.1 percent.
July marks the 48th consecutive month that Georgia has exceeded the national unemployment rate. The line was full of hopefuls who waited for hours in a line that wrapped around the Atlanta Technical College where the event was held.
The For the People Jobs Initiative, hosted by U.S. Reps. John Lewis and Hank Johnson and sponsored by the Congressional Black Caucus, is a series of job fairs and town halls at some of the urban areas hit hardest by unemployment and the financial crisis.
The enormous turnout in Georgia created miles of traffic that clogged southwest Atlanta.
Even in a country where the concept of Black-Run America guides the hiring decisions of those made in academia, the government, the military, the justice department, and the corporate and private business sector, the Black community is in a state of free fall.
Black people already rely on government employment for a large percentage of the overall jobs they are employed in currently and Mein Obama – with his Executive Order effectively making it impossible for white applicants to get a job with the Federal Government – is just going to make the reality for Black people much worse.
Now, through an Executive Order effectively banning the hiring of white people in the Federal Government, Mein Obama has ‘acted stupidly’ in a manner that he must be called out on. But not one “conservative” will say a thing, because of some strange desire to get 10 percent of the Black vote instead of 8 percent.
What he should do is just ban private companies and corporations in America from hiring white people as well.
“I firmly believe that race riots are on the way,” Beck told listeners of his radio show. ”They are being encouraged…[the Obama administration] will take this country down. If it looks like they are losing, the uber left, they will take it down. If I can’t have it, no one will.”
A crowded room full of nearly identical looking Negroes?
Poor feeble minded soulless beast of burden. The white man’s burden of pulling the failed cart of America’s multi cult diversity freak show, becomes ever harder while it traverses the empty space beyond cliff, the eventual impact on the chasm floor nearing, the sudden thought that progress was never achieved, say the dispossession of your kinsman from their homelands, this is true progress, replacement.
Glory say the liberal egalitarian worshipers of failed ideologies of equality, glory un-to-death, yet their wish may yet come true, un-to-death they shall be.
A landmark article went online a few days ago in the journal Molecular Psychiatry. The study was prepared by a team of 32 researchers headed by the University of Edinburgh’s Gail Davies and entitled “Genome-wide association studies establish that human intelligence is highly heritable and polygenic.” The study’s methods do not lend themselves to easy explanation unless you’re at home with SNPs (single nucleotide polymorphisms) and inverse variance weighted models used to capture “the variance in the trait that is due to linkage disequilibrium between genotyped SNPs and unknown causal variants.” But the bottom line of the article is reasonably simple. Using nothing but genetic information, the team of researchers was able to establish that the narrow heritability of crystallized intelligence (the kind that can be more easily affected by education) is at least 40 percent. The narrow heritability of fluid intelligence (the kind that involves pure problem-solving ability, independently of acquired knowledge) is at least 51 percent. Note the at least. The study’s authors explicitly state that these estimates are lower bounds.
Shelves of books and articles denying or minimizing the heritability of IQ have suddenly become obsolete. Those who continue to claim that IQ tests don’t measure anything real inside the brain also have their work cut out for them.
Locust: whats wrong is simple, white males have become weak, cowardly, don’t think about if your actions are right or wrong, think are they right for our race, do they make us stronger or weaker? Make your choice.
A lot of people wonder what I mean when I use the term Disingenuous White Liberal (DWL). Some wonder what Perfidious White Journalist (PWJ) means. This video, courtesy of a blog that attacks the Islamization of Europe, illustrates all that is wrong with Europe, Canada, and America in a nutshell.
This video needs to be seen to be believed. The transcript of this “interview” can be found below, though calling it an “interview” might be a disservice to that term. The DWL, PWJ female basically tries to insert the correct racial narrative into the story. Just like the Mahogany Mobs that are terrorizing major cities in America, the mainstream media (MSM) must constantly refrain from calling them all-Black mobs (read this AP story on curfew violations in Philly, where it is stated “many” of the Flash Mob participants are Black there… it needs to read ALL the participants are Black, but because the MSM is constantly on a social justice campaign, actually reporting objectively remains an impossibility).
Here is what was said in England, after a white store owner tried to tell a white reporter that his store was the target of a Mahogany Mob:
Interviewing a shop owner who got a text telling him his shop was in danger – he got to the shop and:
Victim: “there was at least 100, 200 black youths with hoodies and stuff, just rampaging, every shop”
Kay (interrupts): “you’re not being stereotypical there, are you sure they were black, they weren’t all black, i’m sure some of them were white”
Victim: “ok let me just say they weren’t all black, i was the white guy there”
Kay (interrupts): “well there were probably other white guys there but we get your point”
I feel sorry for the journalist in this piece. Her entire life is a lie. Everything she believes is predicated upon a lie. The shop owner is hilarious and keeps his cool in the “interview,” completely showing how this PWJ is nothing more than a social justice crusader, out to squelch any negative stories about Black people. Even in England, Black-Run America (BRA) holds sway.
Truth… justice? These concepts have no meaning to PWJs or DWLs. The American Way? A racist anachronism that has no place in our more enlightened era.
PWJs have tried to control the narrative of Flash Mobs in America, but it’s too late. More and more news continues to pour out of Milwaukee. The narrative of the Mahogany Mob at Wisconsin State Fair in Milwaukee – where Black people pulled whites from their cars and beat them – can’t be changed.
Enjoy this video. It says more then you can imagine about how PWJs try and dictate the narrative; the hilarious and dismissive manner in which the white shop owner asserts the Blackness of the rampaging looters is beautiful.
Can imagine the videos that PWJs will produce when Philadelphia, Chicago, Milwaukee, Atlanta, Birmingham, Detroit, or Washington D.C. have an England-style riot?
I’ll go ahead and tell you ahead of time, PWJs: Yes, all the participants will be Black. All the looters, muggers, arsonists and reprobates will be Black.That is what a Flash Mob is; a Mahogany Mob is not cute or a sight you want to watch for long. Run if you see one coming, PWJ. Run.
I’m not being stereotypical there. They will be Black. They will all be Black.
Plus, you’ll get to read an essay on why Frank Castle/The Punisher is the perfect Captain America for the 21st Century. All in all, it was a fun book to write and I’m just sorry it wasn’t ready by the 22nd of July (when Captain America: The First Avenger came out). If you’re interested, make a donation to the Paypal link in the left-hand corner for $50 or more and I’ll send you signed copies of the book and Hollywood in Blackface.
For $75 or more, I’ll send all three books (SBPDL: Year One as well) to you signed. I’m working hard on formatting and editing SBPDL Year Two: 365Black Days of Judging by Content of Character and will have it ready by September 25.
Starting tomorrow, Green Week at SBPDL begins. It’s not often you’ll read the words sustainability, recycling, birth control, environmentalism, a love of nature, and an overzealous desire to combat “climate change” (we have different take on what that means; stay tuned) with Black people, but this entire week at SBPDL you’ll learn about this and much more as we Go Green.
But for now, we must quote a story from South Africa that probably offers a precursor for a future tax in America, if Black-Run America (BRA) continues unabated. Remembering that South Africa already has hyper-Affirmative Action in the Black Economic Empowerment (BEE), the universally loved Desmond Tutu has stated a “white tax” needs to passed immediately. That this clown – like the terrorist Mandela – is touted as some hero and a world-class theologian by BRA’s sycophants tells me more about their character then his:
Johannesburg – Calls made by Archbishop Emeritus Desmond Tutu for white South African’s to be taxed were racist and thoughtless, the Freedom Front Plus said on Saturday.
“It borders on the emotional statements of [ANC Youth League president] Julius Malema and does not contribute to the debate on how to address the country’s economic problems properly,” FF Plus spokesperson Anton Alberts said.
Tutu, who spoke at a book launch at the University of Stellenbosch in Cape Town on Thursday evening, said the damage apartheid caused was impossible to escape.
He said white citizens needed to accept the obvious: “You all benefited from apartheid.”
“Your children could go to good schools. You lived in smart neighbourhoods. Yet so many of my fellow white citizens become upset when you mention this. Why? Some are crippled by shame and guilt and respond with self-justification or indifference.
“Both attitudes make that we are less than we can be.”
The Cape Argus spoke to Tutu after the speech, where he expanded on his wealth tax call.
“There were many in the white community who were ready for this [at the time of the TRC process].
“It could be quite piffling, maybe 1% of their stock exchange holdings. It’s nothing. But it could have helped… maybe building new homes, and that would have been an extraordinary symbol of their readiness.”
Asked whether he was again calling for a “wealth tax”, Tutu said: “That’s what I’m saying.”
He then laughed: “What were you doing in there [the conference centre]? Were you listening?”
Tutu said he hoped whites themselves would “agitate” for it to be imposed upon them.
However Alberts said in a statement it was improper to single out white people as they have contributed disproportionately more to the fiscus than any other group for the past 17 years.
“The request for introspection and a greater moral contribution should instead be addressed to the ANC government itself.”
Tutu’s race argument was so much more immoral if taking into account the fact that there were already more than 600 000 poor whites, he said.
“Taxes levied on white people will merely be damaging social cohesion and will not contribute anything toward a sustainable economy.”
Is there a study that shows what percentage of taxes white South Africans pay, compared to Black South Africans? For that matter, what percent of white Americans pay taxes compared to Black Americans?
If America were a sane country, we would offer asylum to all white South Africans and relocate them to Detroit, Birmingham, Memphis, Milwaukee and other major cities in need of hard working, innovative and entrepreneurial (drug dealing doesn’t count) citizens capable of creating, nurturing, and maintaining an economy. In one year, Detroit would be a world class city again, with thriving schools, a bustling economy and people clamoring to move there. Dilapidated houses would be rebuilt; neglected neighborhoods cleaned up; and graffiti removed, the reminder of the former inhabitants of the city washed away with primer and a fresh coat of paint.
As if it happens, America is an insane country that grants asylum to Somalians and other Africans from war torn nations and Detroit’s leaders have to pay people to move there, as they lack everything – save drug dealers – mentioned in the above paragraph.
Such is life when a concept like BRA governs us all; we already have a “white tax” here that pays for it too!
Locust: Fall of the West is Accelerating, the problem is race, culture is part of race, race is part of culture.
British historian David Starkey tells BBC that England has created large numbers of whites who engage in thug behavior normally associated with blacks.
Starkey tells BBC that successful black men are typically seen as “acting white” while white thugs “act black.” British media going ballistic.
During the opening night of the Wisconsin state fair, numerous white people were viciously attacked by black thugs as they left. Yet the police were quick to deny that racially motivated attacks took place.
Initially the police admitted to arresting a large number of black thugs for violent crimes that night. Yet they insisted that none of those arrested had been involved in attacking white people. They also stated that none would be charged with hate crimes. Now, as more evidence has come out, the police department seems to have done a complete 180. First claiming they arrested suspects for unrelated non-racial violent crimes, now admitting they in fact have suspects in racially motivated attacks.
The local media has been quick to downplay or censor the attacks as well, despite the existence of numerous frantic 911 calls.
The investigation into 11 of the violent incidents on the opening night of the Wisconsin State Fair has resulted in the arrest of a 16-year-old African-American who reportedly told investigators he targeted whites.
Wisconsin Gov. Scott Walker was asked on WLS Radio’s Roe and Roeper Show Friday if he thought the crimes warranted hate crime status, “I think it is absolutely outrageous, it is a hate crime, and I would imagine the prosecutor will be very aggressive on this. There is no tolerance whether it’s white on black or black on white, there shouldn’t be any tolerance in general for that kind of problems.”
West Allis police said Thursday the teen was arrested late Wednesday. The Milwaukee teen was booked on suspicion of attempted robbery and robbery. Police recommend that he face additional penalties for hate crimes.
Police say the teen told investigators whites were cho
Several left-wing extremist sites aimed largely at a white Marxists have been glorifying the riots. Now the British media has outed a major hard-core Trotskyite for actively directing white Marxist thugs during the riots. 25 year old Jacob Bard-Rosenberg, is a self-described “student of critical theory.” He has been very visible in London’s extreme Marxist left. He sent numerous messages to his followers over twitter inciting them to riot.
sen because he considered them “easy targets.”
On opening night of the fair last week, 31 people were arrested and at least 11 people were hurt. The West Allis Police Department has said race was a factor in the 11 violent incidents it’s investigating.
“The police department issued a statement with details of arrests, saying ‘None of these incidents possessed elements that would compel the pursuance of a ‘hate crime’ prosecution.”
Witnesses reported attacks on the opening night of the fair that seemed to be racially motivated with young African Americans beating up white fair goers, but police say at this point there is not enough evidence to support such claims.”
Police arrested a 22 year old black man for the horrific murder of a 68 year old white man. The man confronted several black rioters in the street and was attacked. Dozens of white pedestrians and motorists have been victims of brutal racially motivated attacks.
A black teen was shot and killed by another black male suspect. Police believe that the victim is a gang member and the perpetrator used the riots as a cover for the murder.
Another black male suspect fired a gun at a police officer. The officer’s radio stopped the bullet from hitting the officer in the face.
The radical left has completely gutted the effectiveness of the police in European nations like Great Britain and Norway. First we saw the extremely slow response to the spree killer in Oslo. It took nearly 90 minutes for police to respond, because the only officers with access to firearms were far away. Apparently, the only law enforcement that carries a gun in Norway are arctic park rangers that occasionally have to shoot a polar bear.
In England, hundreds of columns are being written about the extreme lack of training, supplies, or the authority to do anything to stop the riots. It took four days of mass arson, racially motivated beatings, and mass looting just for the London police to receive permission to fire rubber bullets.
Now the left-wing police authority in London is diverting hundreds of officers to stop law abiding citizens from organizing neighborhood watches!
A mob of black teenagers turned violent at the Kansas City Plaza. One teenage black male opened fire wounding three other teens. The mayor of Kansas City was at the plaza. Two police officers forced him to the ground for his own protection.
Mayor Sly James was in the Plaza to get a first hand look at the out of control mobs.
A 14-year-old boy was shot and killed Saturday night after police released details about a 24-hour spate of shootings in the city that left six others dead and nine injured.
Detroit Police say the juvenile was shot around 6 p.m. Saturday in the 4600 block of Coplin while he and an 18-year-old boy were playing with a gun that went off. The bullet struck the 14-year-old, killing him.
Police said the suspect is in custody and the weapon has been recovered.
The shooting follows nine others that occurred between 6 a.m. Friday and 6 a.m. Saturday.
At one scene, five people were shot, police said. At another, three people were shot. The remainder of victims were shot at separate locations.
One other victim was in critical condition, one in stable and the remainder in serious condition at area hospitals.
The city was on pace for 350 murders this year, according to an analysis by The Detroit News. In a city that has lost 25 percent of its population since 2000, that could put the year on pace to reach the highest per-capita rates in a decade.
For our closing post of the day we once open the floor to Sean Corrigan who proves that just when we thought all historical comparisons to the current deplorable economic miasma have been used up, a new one springs up, this time perhaps the one most indicative not so much of the past but of the future. Indeed, if history is any indication, and it is, America’s catastrophic and untenable position is worse than even that of one Louis XIV, better known as “The Sun King”, whose rule set the stage for the downfall of the French monarchy and which ultimately culminated with the French Revolution of 1789. For arguably the best indication of historical parallels to the present, and yet another confirmation that there really is nothing new in this world, especially in the world of central planning of monetary affairs, we present the following summary of the practices of Louis XIV which is verbatim applicable to the actions of the current central planning cartel: “The administration of the finances appears to have practised a subtle and ingenious tactic… [and] by modifications in the monetary unit, attempted to influence economic phenomena. Changes… were made to prepare for the issue of loans or to audit the circulation of the treasury notes, or to regulate exchange, to modify the balance of trade… to effect a redistribution of wealth, to influence the price level of commodities, perhaps to attenuate economic crises and famines…“
It may come as a surprise to some that the very same type of central planning that Bernanke, and his central banking brethren, are trying to inflict (and failing) upon the world, was the same that was attempted on so many occasions in history, most poignantly, and catastrophically in the late stages of the French monarchy. Needless to say the attempts by one man to control a far simpler French economy well over two centuries ago failed, yet ironically, not even then did the economy reach our current level of collapse. Which begs the question: how long until our own “Sun Chairman” finally forces the hundreds of millions of great unwashed out of their hypnotic trance following the realization that their “equity” in the great American experiment, their pensions, lifetime accrued benefits, retirement funds, and of course savings, have been completely wiped out, and another historic ‘storming‘, only this time not of the Bastille, but of the Marriner Eccles building, the focal point of all that is broken with not only America but the world, finally ensues. Just as over 200 years ago, the longer the wait, the greater the ultimate loss for the working class… and the bloodier the ultimate outcome for the modern day iteration of the clergy and aristocracy, also known as contemporary politicians and bankers. And to those saying we are getting ahead of ourselves, we borrow a phrase from the lexicon of unconventional wisdom: “this time is never different.”
From Sean Corrigan: If It’s Broke, Don’t Fix It
In Elgin Groseclose’s magisterial ‘Money and Man’, the following, eerily contemporary quote appears in his chapter on paper money:-
“The administration of the finances appears to have practised a subtle and ingenious tactic… [and] by modifications in the monetary unit, attempted to influence economic phenomena. Changes… were made to prepare for the issue of loans or to audit the circulation of the treasury notes, or to regulate exchange, to modify the balance of trade… to effect a redistribution of wealth, to influence the price level of commodities, perhaps to attenuate economic crises and famines…”
So, we are told, wrote Albert Despaux of the practices of the French regime under Louis XIV during the final, disastrous twenty-five years of his reign. Indeed, upon first examining the accounts, after seven decades of chronic warfare and costly ritual, the incoming administration was to discover that matters were even more dire than they had originally been led to believe – even without a helpful Wall St. broker-dealer to help anyone cook the books beforehand.
As the Duc de Noailles – the new chief of the Council of Finance– wrote to the dead king’s chief concubine, in the autumn of 1715:
“We have found matters in a more terrible state than can be described; both the king [i.e., the ‘public sector’] and his subjects ruined; nothing paid for several years; confidence entirely gone. Hardly ever has the monarchy been in such a condition, though it has several times been near its ruin.”
Plus ça change, one cannot refrain from remarking.
Though we must factor a larger margin of error into his accounts than we must apply to even our own governments’ dubious estimates, it seems that the sunset of le Roi Soleil was accompanied by an annual expenditure of the order of 236 million livres – of which some 86 million was interest payable on the debt – against which revenues of only some 150 million livres could be found. Total debt amounted to perhaps 3 billion livres, implying an average interest rate just south of 3% which is, ironically, much the same as that enjoyed by Uncle Sam today.
The annual deficit, therefore, amounted to some 43% of revenue, or 30% of outlays – still below the Bernholz accelerating inflation threshold of 66% and 40%, respectively, even if not exactly a testimony of rude fiscal health. Things had been deteriorating for quite some time before this, so that, overall, the grand Bourbon’s debt rose twentyfold in thirty years. By way of comparison, the imperial presidency in Washington has allowed its own count of obligations to climb a not wholly incomparable fifteenfold in a like period of time.
It is of note, then, that the abject financial state to which Louis’ vainglory had reduced his realm compares fairly favourably with that produced by a similar threescore years-and-ten of military welfarism in his successors’ populist republic, where the latest €150bln deficit represents 54% of receipts and 35% of expenditures – and the old satyr‘s performance looks even more attractive beside the newly ex-AAA United States’ tally of 60% and 38%.
Moreover, whereas the currency doctoring of which Despaux so disapproved was the culmination of a 66-year process during which the livre was devalued 40% in terms of gold and 35% in terms of silver (for a mean inflation rate of 0.8%!), that same proportionate loss of gold value has occurred to the livre’s paper descendants in just the last sixteen-eighteen months – much less the last six-seven decades. Moreover, in the same, two-generation period up to the present, the US dollar has lost 98% of its gold and over 99% of its silver value, with the franc putting up an even poorer showing beside it.
Even in CPI terms, the US dollar buys only 8% of what it did in 1945, a 3.8% annualized drop whose overall extent it has taken successive French governments something of the order of fifty years to accomplish at the compounded 4.7% rate prevailing in l’Hexagone.
The consequences of the penury of the early eighteenth-century French state are well known to students of human folly, for these were the all-too familiar circumstances in which the regent, the personally extravagant Duc d’Orleans – eschewing both politically unpalatable alternatives of swingeing austerity or outright default – turned to the twisted, Scots genius of John Law, that patron saint of underconsumptionist currency quacks and the honorary founding-father of latter-day central banking.
The broad thrust of the insanity and wastefulness unleashed by this pecuniary Pandora are perhaps too well known to bear overmuch repetition here, but what should be emphasised is that Law – like Bernanke – at first tried to argue that he was not some crude inflationist, but merely arranging an asset-swap of paper money for mortgages. He also held, like all of his ilk who have succeeded him, that the panacea for a nation groaning under an insupportable burden of debt and famished for a lack of productive capital was the emission of more and more money.
This age old error of confusing the medium of exchange with the object of exchange is one we continue to commit. It as if a man’s thirst can be slaked by giving him a box of drinking straws or his appetite sated by kitting him out with a shopping basket.
Soon, enough, for all his astuteness, the malign side-effects of Law’s scheme made themselves felt, not the least of them, the distress occasioned to the ordinary household by the rising price of necessities in a world simultaneously subject to the blatant vulgarities of the rising mob of instant, speculative ‘millionaires’ (as the new phrase had it). Just as we have learned all over again, such disadvantages came rapidly to overwhelm the largely incidental fillip the inflation accorded to genuine economic activity.
Unabashed, our Caledonian conjuror could only plunge ever further into a maze of bewildering – and often contradictory – expedients of his own construction, blurring the lines between state debt and public equity, between common stock and bank money; banning, then re-instating the use of gold and silver and altering their official parities with mind-numbing speed until all trust in his System – its specious virtues so recently extolled to the heavens – collapsed and France lay broken alongside it.
So, too, do we – the voluntary legatees of John Law – face a world which is seemingly broken, in its turn.
Sauve qui peut!
With the PR-man’s trained ear for a catchy phrase, that emptiest of empty suits, UK PM David Cameron declared, in the aftermath of this week’s appalling display of mass barbarism, that society in the unhappy land over which he shakily exercises power was ‘broken’ – to the ill-concealed schadenfreude of much of the continental press, many of whose own cities still bear the scars of similar irruptions of the Noble Savages whom their Provider States have so successfully reared in the moral wasteland of their sprawling favelas and seething bainlieues.
Painted in oscillating shades of red and green on our dealing screens, we can also see the full, epileptic frenzy of our broken financial markets, no longer evidence of the rational allocation of hard-spared capital to the enriching process of patient and diligent entrepreneurship, but a wild, computer-driven video arena where countless billions swarm into and out of the sea of tickers from one micro-second to the next, with each successive ebb and flow of this leveraged flood further reducing the informational content of the associated prices and so defeating the very purpose of the capital market itself.
Many disparate classes of ‘assets’ had spent eight months trading ever more closely bound to one another on the wave of Bernanke’s last, fatuous, Rooseveltian ‘experiment’ of QEII. So it was that the expiry of that nakedly cynical programme, at a time when the underlying macro-data had rather predictably started to turn sour, left a vacuum behind the broken-record promises of the stock promoters. Unfortunately, the milling Herd to whose members they exist to whisper their blandishments – much like Nature herself – absolutely abhors a vacuum.
A long time ago, we first wrote about what we had come to recognise as the bipolar tendency of financial orthodoxy to undergo opposing, Kuhnian revolutions of its Groupthink every six to twelve months, or so.
Typically, the players first persuade themselves of the validity of an often arbitrary, but usually bullish, scenario which, by dint of constant repetition and uncritical mimicry comes not only to serve as a dogma, but one which each believer professes to have discovered for himself. Along the way, all objective data and governmental statistics which can possibly be construed to support this scenario are talked up and re-transmitted in confirmation of the first idea: those which cannot be so re-interpreted are simply ignored as ‘outliers’ by all except the small cluster of much-derided contrarians and habitual Cassandras.
Eventually, as the trend matures and its espousal becomes near universal, it begins to lose its onward momentum. Now, for the first time, the dissonant evidence, which has long been accumulating, begins to excite a certain uneasiness in the Jungian mass consciousness.
Finally, the trend turns – sometimes to, but often absent, the accompaniment of some unanimously-recognised trigger event – and the first losses start to be taken by those latecomers caught in the reversal. As each successively lesser, Greater Fool sells out, cursing himself that he always buys the top, as he does, he encourages another of this time’s Smart(er) Money men to quit while he’s ahead, too. So, each initial trickle dislodges more and more of those clinging precariously to the edges of a now-vertiginous slope below, until the first, trivial setback snowballs its way into a screaming avalanche of head-in-the-hands liquidation.
Now, at this point of maximum dislocation and mental discomfort, all those inconvenient developments which should have long since called the move into question are suddenly rediscovered and – lo! – they crystallise instantly into the foundational themes of a counter-trend of equal and opposite conviction.
Sadly for them, the earlier naysayers will find no belated applause for being right, being despised for their pusillanimous refusal to play the game if they say, ‘I told you so’ and being anyway doomed to seeing their premature insights co-opted shamelessly – and without the slightest attribution – by the post hoc rationalisations of a consensus-hugging crowd soon avidly blowing themselves an anti-bubble to replace the inflated soapskin of ill-starred hope which has just imploded all around them.
So it has been here, too, with the Shock! Horror! Hoocoodanode? of the downwardly-revised US GDP numbers; the farce of the WWF grand slam which was the Federal budget dispute; and the ritual slaying of the sacred cow of that nation’s undeserved prime credit rating.
Up until that point even the yawning cracks opening up around the foundations of the Eurozone could largely be ignored in the eagerness to buy a small section of Blue Sky, but, once sufficient self-doubt was ignited in some corner of that Gordian tangle of correlated and cross-margined trade in which the near-free leverage of QE-II had enmeshed everyone, that ongoing turmoil also became one of the defining features of the new bearishness and its expression in market pricing became violently intensified as a result.
So the first sparks of panic were struck to find a ready kindling among the garish paraphernalia of illusion piled high behind the flats and tableaus which comprised the backstage clutter in the Theatre of the Absurd where the ‘Great Global Recovery’ play had been enjoying its unbroken, 15-month run.
In time-honoured fashion, a mad rush for the exits soon followed.
This is the logical dead end of the Nanny State. When William Beveridge laid out his blueprint for the British welfare regime in 1942, his goal was the “abolition of want” to be accomplished by “co-operation between the State and the individual.” In attempting to insulate the citizenry from life’s vicissitudes, Sir William succeeded beyond his wildest dreams. As I write in my book: “Want has been all but abolished. Today, fewer and fewer Britons want to work, want to marry, want to raise children, want to lead a life of any purpose or dignity.”
In Steyn’s unique style of wit and sarcasm, and having witnessed much of it personally, he speaks the truth no one else dares to:
…one-fifth of children are raised in homes in which no adult works – in which the weekday ritual of rising, dressing and leaving for gainful employment is entirely unknown. One-tenth of the adult population has done not a day’s work since Tony Blair took office on May 1, 1997. (emphasis added)
The European Nanny State is collapsing in front of TV news cameras every day. There are really only two possible outcomes that I can see: either the governments collapse into bankruptcy and currency destruction, or the EU turns into a giant command economy: communism, fascism or National Socialism (Nazism). Years ago, I remember quipping “who would have thought world communism would collapse because there’s no money in it?”, but it’s true. A command economy can never out compete a free market economy, even one like ours which had been hobbled by a century of socialist policies. If the EU becomes a command economy, it just kicks the collapse can down the road and makes it worse. Janet Daley, writing in the Telegraph last week said,
The truly fundamental question that is at the heart of the disaster toward which we are racing is being debated only in America: is it possible for a free market economy to support a democratic socialist society?
As both Steyn and Daley emphasize, and we can clearly see, the idea that a capitalist economy can support an ever-expanding socialist welfare state is collapsing in flames right in front of us. It’s not the poor vs. the rich. It’s bored kids who have never earned any self-esteem by accomplishing anything (precisely because of the welfare state) going “wilding” and burning and stealing because they’re bored. How else do you explain the millionaire’s daughter breaking down stores to add to her (presumably) already stuffed closets? Or the “stunning 22 year old model”, and the others who give the lie to the story that it’s poor people getting revenge.
The London rioters are the children of dependency, the progeny of Big Government: they have been marinated in “stimulus” their entire lives.
There is literally nothing you can’t get Her Majesty’s Government to pay for. From page 205 of my book: “A man of 21 with learning disabilities has been granted taxpayers’ money to fly to Amsterdam and have sex with a prostitute.”
Hey, why not? “He’s planning to do more than just have his end away,” explained his social worker. “Refusing to offer him this service would be a violation of his human rights.”
If taxpayers funding a man’s flight to Holland to employ a prostitute (is this one of those jobs that British women just won’t do?) isn’t enough; Ann Coulter contributes this:
A year earlier, in 2007, another product of the new order, Fiona MacKeown, took seven of her eight children (by five different fathers) and her then-boyfriend, on a drug-fueled, six-month vacation to the Indian island of Goa. The trip was paid for — like everything else in her life — with government benefits.
(When was the last time you had a free, six-month vacation? I’m drawing a blank, too.)
This is one of those cases where you need a Ph.D. in economics to be stupid enough to fall for the idea that everything can be paid for by a productive class and will be forever. “From each according to his abilities to each according to his need” always, always, falls apart at that “need” part, when need turns from a meal to a flight to Amsterdam for a prostitute or to India for six months vacation. From bread to circuses. At some point, the system falls apart. The productive class sees the life that parasites lead, sees progressively less and less of their efforts, the sweat of their brow, being “allowed” to stay in their wallets, and they quit. Then the whole society collapses.
Starting now.
‘Bread and Circuses’ is the cancer of democracy, the fatal disease for which there is no cure. Democracy often works beautifully at first. But once a state extends the franchise to every warm body, be he producer or parasite, that day marks the beginning of the end of the state. For when the plebs discover that they can vote themselves bread and circuses without limit and that the productive members of the body politic cannot stop them, they will do so, until the state bleeds to death, or in its weakened condition the state succumbs to an invader—the barbarians enter Rome.” – Robert A. Heinlein
You should let the video footage of the wild violence that just took place in London burn into your memory because the same things are going to be happening all over the United States as the economy continues to crumble. We have raised an entire generation of young people with an “entitlement mentality”, but now the economy is producing very few good jobs that will actually enable our young people to work for what they feel they are entitled to. If you are under 30 in America today, things look really bleak. The vast majority of the good jobs are held by people that are older, and they aren’t about to give them up if they can help it. It is easy for the rest of us to tell young Americans to “take whatever they can”, but the reality is that there is intense competition for even the most basic jobs. For instance, McDonald’s recently held a “National Hiring Day” during which a million Americans applied for jobs. Only 6.2% of the applicants were hired. In the old days you could walk down to McDonald’s and get a job whenever you wanted to, but now any job is precious. The frustration among our young people is palpable. Most of them feel entitled to “the American Dream” and they feel like the system has failed them. Unfortunately, many of them are already turning to violence. But the economic riots and the civil unrest that we have already seen are nothing compared to what is coming. Americans are angry, and as the economy continues to collapse that anger is going to reach unprecedented heights.
In recent days, even many in the mainstream media have been openly wondering if the riots that happened in London could happen here too. There is a growing acknowledgement that this country is headed down a very dark path.
The sad thing is that these riots accomplish absolutely nothing. The recent London riots did not create any jobs and they certainly did not solve any economic problems. Instead, they actually hurt the economy even more because a huge am0unt of property was destroyed and people are even more afraid to continue with business as usual.
But when people get to the end of their ropes, most of the time they are not thinking rationally. When frustration erupts, the results can be very, very messy.
All over the United States we are already seeing some very troubling signs of the violence that is coming. The following are 10 signs that economic riots and civil unrest inside United States are now more likely then ever….
#1 Going to the state fair used to be such a fun thing for American families to do. But now no place is safe. The following is how one local ABC News affiliate described the “flash mob” attacks that took place at the Wisconsin state fair recently….
Milwaukee police said that around 11:10 p.m., squads were sent to the area for reports of battery, fighting and property damage being caused by an unruly crowd of “hundreds” of people. One officer described it as a “mob beating.”
Police said the group of young people attacked fair goers who were leaving the fair grounds. Police said that some victims were attacked while walking. They said others were pulled out of cars and off of motorcycles before being beaten.
One eyewitness said that the flash mob attacks at the Wisconsin state fair absolutely overwhelmed the limited police presence that was there….
When I saw the amount of kids coming down the road, all I kept thinking was, ‘There’s not enough cops to handle this.’ There’s no way. It would have taken the National Guard to control the number of kids that were coming off the road. They were knocking people off their motorcycles.
#2 According to a new Rasmussen survey, 48% of Americans believe that reductions in government spending are “at least somewhat likely” to result in civil unrest inside the United States. Unfortunately, perception often greatly influences reality.
#3 U.S. consumer confidence is now at its lowest level in 30 years.
#4 Joblessness among young Americans is at an epidemic level, and when rioting does break out it is usually young people that are leading the way. That is why the following statistics from an article in The Atlantic are so troubling….
One in five Americans are between 15 and 29-years old. And one in five of those Americans are unemployed. For minorities and the under-educated, the picture is much worse. Black teenagers have an unemployment rate of 44 percent, twice the rate for white teens.
#5 We are starting to see mindless violence in a lot of areas that used to be considered safe. In Kansas City on Saturday night, three young people were hit with bullets as they walked the streets of the Country Club Plaza. Mayor Sly James was about 50 yards away when the gunfire erupted. Authorities in Kansas City are considering a stricter curfew for that area.
#6 “Flash mobs” have become such a problem in Philadelphia that the mayor has imposed a strict curfew on young people. Now all teens between the ages of 13 and 18 must be indoors by 9 o’clock at night. The mayor also says that teens need to start pulling up their pants….
“Pull your pants up and buy a belt ’cause no one wants to see your underwear or the crack of your butt.”
#7 All over the United States we are seeing that many struggling Americans will do just about anything for money. For example, in Detroit recently three masked men crashed a vehicle through the entrance of a gas station and took off with an entire ATM machine.
#8 Desperate people do desperate things. Many of America’s “forgotten poor” are trying to survive any way that they can. For instance, a group of vagrants recently set up “a makeshift camp” near Prospect Park lake in Brooklyn. According to the New York Post, many nearby residents have been disturbed by what these “drifters” are doing to survive….
The drifters have been illegally trapping and cooking up the critters that call the park home, including squirrels, ducks and swan-like cygnets.
They used crude tactics to hunt their prey, including barbed fishing hooks that ripped off the top half of one poor gosling’s beak. They then cooked the meat over illegal fires. Some of the animals were eaten raw.
#9According to CNN, sales of safes and vaults are absolutely soaring right now. One store owner told CNN that she believes that she is selling a lot more safes now because people are scared that civil unrest could be coming….
“Folks are worried about the decreasing value of the dollar, burglaries on the rise in their neighborhoods … and even the possibility that the unrest we are seeing in other parts of the world slipping over to our country.”
#10 Over the past 100 years, the American population has moved steadily into our big cities and the surrounding suburbs. This has created virtual “ghost towns” in our rural areas from coast to coast. Back in 1910, 72 percent of Americans lived in rural areas. Today, only 16 percent of Americans live in rural areas. But when you crowd huge masses of people close together that makes riots and civil unrest much more likely.
Most Americans are already fed up, and the economy is not even that bad yet. One recent survey found that 73 percent of Americans believe that the nation is “on the wrong track”. Another recent poll found that only 17 percent of Americans now believe that the U.S. government has the consent of the governed.
Millions of very frustrated young people believe that the economic system has failed them and that the political system no longer holds any answers.
America is rapidly approaching a breaking point. I have written previously about the collapse of society that we are already witnessing all over the United States. When the economy totally breaks down, most Americans are not going to be able to handle it.
Sadly, instead of coming together and trying to do something productive, many Americans will resort to rioting, looting and civil unrest. We have already seen this during local emergencies such as Hurricane Katrina.
But mindless violence accomplishes absolutely nothing positive. It just always makes things worse.
Unfortunately, logic and reason are not going to be enough to stop the gigantic wave of frustration that is coming. For most of the rest of us, it will be hard enough to get out of the way and protect our own families from the economic riots and the civil unrest that are coming.
The thin veneer of civilization that we all take for granted is starting to disappear. Hatred and anger are growing by the day. The United States is becoming a very frightening place.
So get ready. Our politicians certainly don’t have any answers for us. The debt ceiling deal was a complete and total joke, and corruption is absolutely rampant in Washington right now. Barack Obama is getting ready to leave for yet another vacation, and most of our politicians are only focused on the next election.
So don’t expect a “miracle” from those that are supposed to be leading us.
They don’t care about you.
You need to take care of yourself and your family and your friends.
A massive economic collapse is coming, and most Americans are going to be totally blindsided by it.
This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.
We are making such material available in our efforts to advance understanding of issues of ecological, political and humanitarian significance.
We believe this constitutes a ‘fair use’ of any such copyrighted material as provided for in section 107 of the US Copyright Law.
In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes.
Update:
In an effort to keep our readers aware of the world around them, due to the continued removal of free speech post and censorship, we will be in the process of looking for a new home for this site.
6/20/2011
We have located a new home for this site, please stand by for further instructions.
‘Man is a mammal and subject to the same biological laws as other animals. All animals, including Man, have inheritable behavioural traits. The concept of complete environmental plasticity of human intelligence is a nonsensical wishful-thinking illusion.’
“The time for talk has ended, only course of action open to us is WAR!”
"The time for talk has ended, only course of action open to us is WAR!"
The essential American soul is hard, isolate, stoic, and a killer. It has never yet melted. — D.H. Lawrence
Ayers’ Plan to Kill 25 Million Americans
Larry Grathwol, Weathermen, William Ayers, Communism, History
line
“The most effective informer the F.B.I. ever placed among the Weathermen” (NY Times) Larry Grathwol describes how William Ayers and other Weather Underground leaders cheerfully planned to deliver the United States to foreign occupation, and proposed to murder 25 million Americans.
Grathwohl: I brought up the subject of what’s going to happen after we take over the government. You know, we become responsible for administrating, you know, 250 million people. And there was no answer. No one had given any thought to economics. How are you going to clothe and feed these people?
The only thing that I could get was that they expected that the Cubans, the North Vietnamese, the Chinese and the Russians would all want to occupy different portions of the United States. They also believed that their immediate responsibility would be to protect against what they called the counter-revolution. And they felt that this counter-revolution could best be guarded against by creating and establishing re-education in the Southwest where we would take all of the people who needed to be re‑educated into the new way of thinking and teach them how things were going to be. I asked, “Well, what is going to happen to those people that we can’t re‑educate, that are die-hard capitalists?” And the reply was that they’d have to be eliminated and when I pursued this further, they estimated that they’d have to eliminate 25 million people in these re‑education centers. And when I say eliminate, I mean kill 25 million people. I want you to imagine sitting in a room with 25 people, most of whom have graduate degrees from Columbia and other well-known educational centers and hear them figuring out the logistics for the elimination of 25 million people and they were dead serious.
Hat tip to Confederate Yankee.
By JDZ
Please leave a Comment or discuss via Trackback!
2 Feedbacks on "Ayers’ Plan to Kill 25 Million Americans"
Ayers’ Plan to Kill 25 Million Americans « Locust blog
[...] Ayers’ Plan to Kill 25 Million Americans [...]
06 Nov 2008 um 9:16 pm
black Locust
Bring it on! WE WILL FIGHT YOU, WE HAVE BEEN MAKING BOMBS AND BUYING LEGAL AND ILLEGAL WEAPONS FOR YEARS, AND WHEN THE TIME COMES MY FELLOW PATRIOTS AND MYSELF, WE WILL TAKE TO THE STREETS, YOU WILL HAVE TO KILL US TO TAKE THIS NATION, BRING IT!!
"What Every Christian Should Know About Islam". "Only communism rivals Islam in sheer numbers of people persecuted and killed."
How well a nonwhite majority will perform economically in America 2042?
How well a nonwhite majority will perform economically in America 2042?
Fortunately, we already have a gigantic test case: California, which is now only 43 percent non-Hispanic white.
So what can we learn about the future of America from California, where the state government may run out of money next month without a federal bailout?
For most of this decade, the financial wizards poured hundreds of billions of dollars into mortgage-backed securities originating in California. In other words, they made a colossal bet on diversity.
And lost.
It turned out that, while California’s new diverse population could certainly consume and speculate like old-fashioned white Americans, they couldn’t produce like them.
Recent Comments