US Economy “on the Brink of Collapse”

US Economy “on the Brink of Collapse”

by Jeff Davis

Europeans seem to have a far greater awareness of the degree of trouble, that the USA is in, than anyone here does. The liberal media wants us to think everything is all “rainbows and unicorns” with Obama in office. An article on Breitbart reports: “Economists peddling dire warnings that the world’s number one economy is on the brink of collapse, amid high rates of unemployment and a spiraling public deficit, are flourishing here.

The guru of this doomsday line of thinking may be economist Nouriel Roubini, thrust into the forefront after predicting the chaos wrought by the subprime mortgage crisis and the collapse of the housing bubble. ‘The US has run out of bullets,’ Roubini told an economic forum in Italy earlier this month. ‘Any shock at this point can tip you back into recession.’”

“Back” into recession? Did we ever leave? Seems more like we bottomed out at about a 20 percent real unemployment rate while foreclosures and bankruptcies continued at an alarming pace.

Breitbart goes on: “But other economists, who have so far stayed out of the media limelight, are also proselytizing nightmarish visions of the future.

Boston University professor Laurence Kotlikoff, who warned as far back as the 1980s of the dangers of a public deficit, lent credence to such dark predictions in an International Monetary Fund publication last week. He unveiled a doomsday scenario —which many dismiss as pure fantasy —of an economic clash between superpowers the United States and China, which holds more than 843 billion dollars of US Treasury bonds. ‘A minor trade dispute between the United States and China could make some people think that other people are going to sell US treasury bonds.

That belief, coupled with major concern about inflation, could lead to a sell-off of government bonds that causes the public to withdraw their bank deposits and buy durable goods.’ Kotlikoff warned such a move would spark a run on banks and money market funds as well as insurance companies as policy holders cash in their surrender values. ‘In a short period of time, the Federal Reserve would have to print trillions of dollars to cover its explicit and implicit guarantees.

All that new money could produce strong inflation, perhaps hyperinflation,’ he said.” Imagine that: An economically illiterate African president resorting to printing money regardless of inflation. Does anyone remember Robert Mugabe in Zimbabwe?

The federal government is either going to commit to wild inflation or it’s going to run out of money. What happens if the United States government just plain runs out of money? When no one will lend us any more? When the tax revenues from a collapsed economy with massive unemployment won’t cover even the interest on previous loans and bonds? Eventually welfare and food stamps will have to be cut if not eliminated completely.

Obama recently transferred money from food stamps so he could bail out a number of states, which are having trouble paying their teachers. Obama is struggling just to keep an illusion of “normalcy” up through the November election. After that, many states WILL start running out of money for teachers (and everything else) and the Feds will have to find billions of dollars somewhere to pay back the food stamps program.

The Democrats will choose to print more money, and then the final slide into collapse and anarchy will begin. The Europeans know it. The Chinese know it, which is why they’re trying to unload US Treasury bonds. Despite all the propaganda from the liberals, most Americans know that the economy is in terrible shape. They believe their eyes, not the propaganda from the liberal evening news.

Chinese Couple Embezzles Money from Public School Lunch Program

Chinese Couple Embezzles Money from Public School Lunch Program

by Jeff Davis

Mexicans aren’t the only Third World aliens overrunning our country. There are Asians as well. While the east Asians are seen as a “model minority” even Asians will seriously alter the US. Name one Asian country which is not horribly over-populated and mired in bureaucracy and corruption.

A New York Times article reports: “A Staten Island couple stole at least $2.5 million in federal funds meant for nutritious meals for preschoolers, prosecutors asserted in a criminal complaint unsealed on Friday.” Apparently, black and Mexican parents can’t be trusted to feed their children properly, so the state does it for them. “School lunches” are a major welfare perk in blue states and a major source of political patronage for the Democrat party. The article notes “The complaint accused the couple, Joanna Fan and her husband, Ziming Shen, of siphoning money over five years from accounts at the nonprofit Red Apple Child Development Center preschool chain, of which Ms. Fan, also known as Xiao Ping, is the executive director.

The complaint accused the couple of using the money to make mortgage payments on several Manhattan condominiums and to benefit their private business interests, which include Preschool of America Inc., a chain of about a dozen for-profit preschools in Manhattan, Brooklyn and Queens.” “The couple surrendered to agents of the United States Agriculture Department on Friday morning and were arraigned before Magistrate Judge James Orenstein of United States District Court in Brooklyn. They pleaded not guilty and posted bail of $750,000 each. The judge restricted their movement to parts of New York and ordered them to surrender their passports.” “….As alleged in the complaint, this amounts to one of the largest lunch money thefts in history.

Red Apple Child Development Center runs six preschools in Queens, Brooklyn, Manhattan and Staten Island. Between 2002 and 2010, the preschools received $13.5 million from the Agriculture Department through a program intended to help institutions provide healthy meals and snacks to children and adults.” If these Chinese were stealing most of the money intended for the school lunches, what were they feeding the swarthy public school children? Sawdust and dog chow? The article goes on “Audits by the New York State Health Department and the federal Agriculture Department since 2005 revealed a pattern of false submissions to the Agriculture Department, including lying about how many children were getting the meals, the complaint charges. For example, the complaint says, in January 2009, Ms. Fan submitted records claiming that 188 children had consumed 4,700 meals and snacks, when other records showed that 116 children ate 2,900 meals and snacks.” What the hell are we doing buying “snacks” for kids, healthy or otherwise, with taxpayer money?

That rumbling sound you hear is George Washington and Thomas Jefferson spinning in their graves. It’s bad enough we’re paying $15k to $25k per year per child to educate these un-educatable low-IQ Third Worlders, but we’re supposed to feed them because their parents won’t?

Corruption is an integral part of life in the Orient even more so than in Chicago. China itself, where these people came from, has periodic anti-corruption sweeps wherein they drag their own businessmen and bureaucrats into sports stadiums and shoot them through the head, and it doesn’t seem to do much good. If we bring Third World people into this country, then we also bring Third World problems. Why is it so difficult for some White people to wrap their minds around this simple fact?

21 Signs That Something Big Is About To Happen In The Financial World

Nervous Breakdown? 21 Signs That Something Big Is About To Happen In The Financial World

http://theeconomiccollapseblog.com/archives/nervous-breakdown-21-signs-that-something-big-is-about-to-happen-in-the-financial-world

Will global financial markets reach a breaking point during the month of October?  Right now there are all kinds of signs that the financial world is about to experience a nervous breakdown.  Massive amounts of investor money is being pulled out of the stock market and mammoth bets are being made against the S&P 500 in October.  The European debt crisis continues to grow even worse and weird financial moves are being made all over the globe.  Does all of this unusual activity indicate that something big is about to happen?  Let’s hope not.  But historically, the biggest stock market crashes have tended to happen in the fall.  So are we on the verge of a “Black October”?

The following are 21 signs that something big is about to happen in the financial world and that global financial markets are on the verge of a nervous breakdown….

#1 We are seeing an amazing number of bets against the S&P 500 right now.  According to CNN, the number of bets against the S&P 500 rose to the highest level in a year last month.  But that was nothing compared to what we are seeing for October.  The number of bets against the S&P 500 for the month of October is absolutely astounding.  Somebody is going to make a monstrous amount of money if there is a stock market crash next month.

#2 Investors are pulling a huge amount of money out of stocks right now.  Do they know something that we don’t?  The following is from a report in the Financial Post….

Investors have pulled more money from U.S. equity funds since the end of April than in the five months after the collapse of Lehman Brothers Holdings Inc., adding to the $2.1 trillion rout in American stocks.

About $75 billion was withdrawn from funds that focus on shares during the past four months, according to data compiled by Bloomberg from the Investment Company Institute, a Washington-based trade group, and EPFR Global, a research firm in Cambridge, Massachusetts. Outflows totaled $72.8 billion from October 2008 through February 2009, following Lehman’s bankruptcy, the data show.

#3 Siemens has pulled more than half a billion euros out of two major French banks and has moved that money to the European Central Bank.  Do they know something or are they just getting nervous?

#4 On Monday, Standard & Poor’s cut Italy’s credit rating from A+ to A.

#5 The European Central Bank is purchasing even more Italian and Spanish bonds in an attempt to cool down the burgeoning financial crisis in Europe.

#6 The Federal Reserve, the European Central Bank, the Bank of England, the Bank of Japan and the Swiss National Bank have announced that they are going to make available an “unlimited” amount of money to European commercial banks in October, November and December.

#7 So far this year, the largest bank in Italy has lost over half of its value and the second largest bank in Italy is down 44 percent.

#8 Angela Merkel’s coalition is getting embarrassed in local elections in Germany.  A recent poll found that an astounding 82 percent of all Germans believe that her government is doing a bad job of handling the crisis in Greece.  Right now, public opinion in Germany is very negative toward the bailouts, and that is really bad news for Greece.

#9 Greece is experiencing a full-blown economic collapse at this point.  Just consider the following statistics from a recent editorial in the Guardian….

Consider first the scale of the crisis. After contracting in 2009 and 2010, GDP fell by a further 7.3% in the second quarter of 2011. Unemployment is approaching 900,000 and is projected to exceed 1.2 million, in a population of 11 million. These are figures reminiscent of the Great Depression of the 1930s.

#10 In 2009, Greece had a debt to GDP ratio of about 115%.  Today, Greece has a debt to GDP ratio of about 160%.  All of the austerity that has been imposed upon them has done nothing to solve their long-term problems.

#11 The yield on 1 year Greek bonds is now over 129 percent.  A year ago the yield on those bonds was under 10 percent.

#12 Greek Deputy Finance Minister Filippos Sachinidis says that Greece only has enough cash to continue operating until next month.

#13 Italy now has a debt to GDP ratio of about 120% and their economy is far, far larger than the economy of Greece.

#14 The yield on 2 year Portuguese bonds is now over 17 percent.  A year ago the yield on those bonds was about 4 percent.

#15 China seems to be concerned about the stability of European banks.  The following is from a recent Reuters report….

A big market-making state bank in China’s onshore foreign exchange market has stopped foreign exchange forwards and swaps trading with several European banks due to the unfolding debt crisis in Europe, two sources told Reuters on Tuesday.

#16 European central banks are now buying more gold than they are selling.  This is the first time that has happened in more than 20 years.

#17 The chief economist at the IMF says that the global economy has entered a “dangerous new phase“.

#18 Israel has dumped 46 percent of its U.S. Treasuries and Russia has dumped 95 percent of its U.S. Treasuries.  Do they know something that we don’t?

#19 World financial markets are expecting that the Federal Reserve will announce a new bond-buying plan this week that will be designed to push long-term interest rates lower.

#20 If some wealthy investors believe that the Obama tax plan has a chance of getting through Congress, they may start dumping stocks before the end of this year in order to avoid getting taxed at a much higher rate in 2012.

#21 According to a study that was recently released by Merrill Lynch, the U.S. economy has an 80% chance of going into another recession.

When financial markets get really jumpy like this, all it takes is one really big spark to set the dominoes in motion.

Hopefully nothing really big will happen in October.

Hopefully global financial markets will not experience a nervous breakdown.

But right now things look a little bit more like 2008 every single day.

None of the problems that caused the financial crisis of 2008 have been fixed, and the world financial system is more vulnerable today than it ever has been since the end of World War II.

As I wrote about yesterday, the U.S. economy has never really recovered from the last financial crisis.

If we see another major financial crash in the coming months, the consequences would be absolutely devastating.

We have been softened up and we are ready for the knockout blow.

Let’s just hope that the financial world can keep it together.

We don’t need more economic pain right about now.

30 Signs That The U.S. Economy Is About To Go Into The Toilet

If you think the U.S. economy is bad now, just wait for a few months.  Things are about to become absolutely nightmarish.  None of the long-term economic trends that are hollowing out our economy have been addressed and more bad economic news seems to come out virtually every single day.  Now there is constant talk of the “next recession” in the mainstream media.  But did the last recession ever truly end?  The number of good jobs continues to decline, more stores are closing, incomes continue to go down, credit card debt and student loan debt are soaring, the housing market resembles a corpse, the number of Americans living in poverty continues to rise and government debt is at unprecedented levels.  We are losing blood fast, and almost all of our leaders are either too corrupt or too incompetent to be able to do anything about it.  The U.S. economy really and truly is about to go into the toilet, and if something is not done very quickly we are going to experience a complete and total economic disaster in this nation.

Americans have been promised over and over that this economic downturn is just “temporary” and that things will return to normal soon.  During this upcoming election cycle, the Democrats will swear that they have all the answers and that if we just elect them everything will be okay.  The Republicans will also swear that they have all the answers and that if we just elect them everything will be okay.

Well, both sides are lying.  The economic plans of both major political parties are a joke.  Neither of them can restore economic prosperity to this nation.

Our politicians could delay the coming economic collapse by borrowing gigantic piles of money and pumping all of that cash into the economy.  But stealing from our children and our grandchildren is not exactly sound economic policy.

Yes, the U.S. economy is in bad shape right now, but things are about to get even worse.  The long-term problems that are destroying our economy have not been fixed, and the leaks in our ship are going to continue to grow.

The following are 30 signs that the U.S. economy is about to go into the toilet….

#1 An increasing number of unemployed Americans have become so desperate that they have started to look for work overseas.  For example, the number of Americans that are submitting applications for temporary work visas in Canada has approximately doubled since 2008.  Other Americans are willing to learn foreign languages and travel to the other side of the world if that is what it takes to land a decent job.  Just consider the following quote from a recent USA Today report….

Job placement firms are reporting a surge in American worker interest in booming economies such as Hong Kong, Singapore, China and, increasingly, India. Hunt Partners, an executive search firm, estimates that it’s getting 50% to 100% more unsolicited résumés from Americans looking for Asia-based positions today than before the recession.

#2 When Barack Obama first took office, the official U.S. unemployment rate was 7.6 percent.  Today it is 9.1 percent.

#3 The number of Americans that are concerned that they will lose their jobs continues to hover near record highs.  According to Gallup, 30 percent of all employed Americans are worried that they will soon be laid off.

#4 After three straight years of very high unemployment, you can feel frustration and desperation in the air almost everywhere that you go.  Many unemployed Americans are now at the end of their ropes.  The following is from a testimonial that was recently posted on The Atlantic….

The most difficult part of the job search is:

1. that I don’t live near a factory or outsource outlet in China, India, or Malaysia.

2. trying not to appear desperate for a job when I am, in fact, quite desperate for a job.

3. that I am subject to everyone’s advice on how to get a job, but no real job leads.

4. that I am reminded that having a good job is not an entitlement.

5. that when I become depressed from my job search, I’m told told to cheer up or else give a bad vibe to prospective employers … yet when I become happy through non-search related activities, I am reminded that I should be looking for work

7. that when I confide to friends and family that I have “given up” to pursue more fruitful interests,  it elicits a crushing look of disbelief, disappointment, and disgust

8. waiting for permission to give up.

#5 The percentage of American men that are employed continues to plummet.  In July, only 63.5 percent of all men in the United States had a job.  Since 1948, that number has only been lower one time (63.3 percent in December 2009).

#6 Back in the 1950s, manufacturing accounted for about 28 percent of U.S. GDP.  Last year, it accounted for just 11.7 percent.  Meanwhile, manufacturing now accounts for about 25 percent of GDP in China and they now actually have more factory production each year than we do.  Sadly, Barack Obama is pushing for even more trade agreements that will send millions more of our jobs overseas.

#7 The percentage of Americans that are working low paying jobs continues to relentlessly march upwards.  Back in 1980, less than 30% of all jobs in the United States were low income jobs.  Today, more than 40% of all jobs in the United States are low income jobs.

#8 According to John Williams of shadowstats.com, after you add in all short-term discouraged workers, all long-term discouraged workers and all Americans that are working part-time because they cannot find full-time employment, the real unemployment rate should be approximately 23 percent.

#9 We are starting to see another huge wave of store closings and layoffs.  For example, the parent company of Payless stores has announced that it will be permanently closing 475 stores.  Borders is in the process of closing every single one of its 399 stores.  Also, Bank of America has just announced that it will be closing about 600 branches, and that could result in the loss of about 30,000 good jobs.

#10 Median household income has fallen for three years in a row.

#11 Americans are really starting to rack up consumer debt once again.  According to Time Magazine, U.S. consumers are on pace to collectively add 54 billion dollars in credit card debt in 2011.

#12 Student loan defaults are rising very sharply. Just consider the following excerpt from a recent New York Times article….

The share of federal student loan defaults rose sharply last year, especially at for-profit colleges and universities, where 15 percent of borrowers defaulted in the first two years of repayment, up from 11.6 percent the previous year.

#13 According to a chart in The Economist, whenever the number of newspaper articles in the Financial Times and the Wall Street Journal that mention the word “recession” goes over 1,500 in a particular quarter, the U.S. economy almost always goes into a recession.

#14 The U.S. housing crash just continues to get worse.  The index of home builder sentiment put out by the National Association of Home Builders fell once again during the month of September.  With such a glut of unsold foreclosed homes on the market, it is making things really hard of home builders.  Things have gotten so bad that even the U.S. government now owns nearly a quarter of a million foreclosed homes.  The impact of this housing nightmare on families has been absolutely devastating.  Just check out what a recent Time Magazine article had to say about what has been going on in California….

The impact on children has been brutal: since 2007, 7% of the state’s children have had a foreclosure process started on their homes, the fourth-highest level in the nation, according to a study released this month by the Annie E. Casey Foundation.

#15 Many believe that due to much tighter lending standards, it is now harder to be approved for a mortgage than at any other time since World War II.  This is absolutely crushing the housing market.

#16 Most Americans don’t seem to expect housing prices to recover for an extended period of time.  One recent survey found that 54 percent of Americans believe that there will not be a housing recovery until “2014 or later“.

#17 The combined debt of the largest GSEs (Fannie Mae, Freddie Mac and Sallie Mae) has increased from 3.2 trillion in 2008 to a whopping 6.4 trillion in 2011.  If that debt goes bad, U.S. taxpayers will be left holding the bill.

#18 There are now nearly 50 million Americans that do not have health insurance, and the percentage of Americans covered by employer-based health plans has fallen for 11 years in a row.  Meanwhile, Americans now spend about 3 times as much on health care as they did back in 1990.

#19 The Postal Service has publicly announced that it is “on the verge” of financial collapse.

#20 The number of small businesses continues to fall.  I recently noted this fact on The American Dream Blog….

The number of “self-employed” Americans continues to rapidly shrink.  According the Bureau of Labor Statistics, 16.6 million Americans were self-employed back in December 2006.  Today, that number has shrunk to 14.5 million.  Even though we have 14 million unemployed people in this country and jobs are incredibly difficult to come by, the number of people trying to work for themselves continues to decrease because the environment for small businesses in this country has become so incredibly toxic.

#21 American consumers have become tremendously pessimistic.  According to one recent survey, 61 percent of all Americans believe that they will not return to their “pre-recession” lifestyles until at least 2014.  According to a different recent survey, 39 percent of Americans actually believe that the U.S. economy has now entered a “permanent decline”.

#22 Many U.S. investors certainly seem to believe that trouble is coming.  According to CNN, last month the number of bets against the S&P 500 was the highest that we have seen in about a year.

#23 The number of U.S. households that are “doubling up” continues to grow.  According to the U.S. Census Bureau, the number of combined households has increased by 10.7 percent since 2007.

#24 When Barack Obama moved into the White House, the average price of a gallon of gasoline in the United States was $1.83.  Today it is $3.58.

#25 The number of Americans living in poverty grew by 2.6 million last year.  That was the largest increase since the U.S. government began calculating poverty figures back in 1959.

#26 Back in the year 2000, 11.3% of all Americans were living in poverty.  Today, 15.1% of all Americans are living in poverty.

#27 On Barack Obama’s first day on the job, there were about 32 million Americans on food stamps.  Today, there are more than 45 million Americans on food stamps.

#28 If there is a financial collapse in Europe, that will definitely plunge us into another recession.  Right now, things do not look promising.  At this point, headlines all over the world are proclaiming that Greece is dangerously close to defaulting.

#29 At some point soon, investors all over the globe may decide that it is time to start dumping U.S. government debt.  For example, Chinese officials are now openly talking about the need to “liquidate” their holdings of U.S. Treasuries.

#30 The U.S. national debt continues to explode in size and spiral out of control.  According to Professor Laurence J. Kotlikoff, the U.S. “fiscal gap” increased by about 6 trillion dollars last year.  In fact, Kotlikoff makes a compelling argument that Greece is actually in better shape financially than the United States is.

Do you now understand how much trouble we are in?

The long-term trends that are destroying us continue to get worse.

The United States is steamrolling directly toward an economic collapse.

When this economy hits bottom and splatters all over the place, it is not going to be easy to fix.

The America that we know today is going to be wiped out by a gigantic mountain of debt and by the consequences of decades of really bad decisions.

We were handed the keys to the greatest economic machine in the history of the world and we have wrecked it.

So prepare for really, really hard times ahead.

The era of endless prosperity is ending.

Next comes the pain.

We Are A Divided People

We Are A Divided People

http://www.washingtonreb.com/2011/09/20/we-are-a-divided-people/

Locust: Civil war is our only option.
September 20, 2011
by TL Davis

Liberty. That’s it, that’s all it took for a conversation I had in a small Kentucky coffee shop to go from cordial to over. It is a nasty word to those on the left. Oh, they have wrapped it all up in a sort of protest against the Tea Party, to justify their hatred for the very concept of it, because liberty is in direct opposition to government control.

The occasion happened in Frankfort, KY, college town, seat of state government so the local coffee shop is run by a typical Earthfirst type with organic nonsense all over the place (as if organic is somehow a rational answer to worldwide hunger. It is exactly the opposite, it would cause and actually frustrate efforts to alleviate world hunger. They ((nutcase coffee shop owners in college towns)) use organic as if anything industrial is bad, anything efficient is harmful to the earth which has survived so much more than technological farming, but I digress).

”Hi, where are you from? Oh, it is lovely there. You moved to Kentucky? Why? (boring reply) Huh.”

My next sentence ended it: “So, I have some liberty to live wherever I chose and for right now that is in Kentucky.”

Sudden withdrawal, a pulling back of the self on their part. I used the “L” word (not liberal this time). In their minds they are thinking that they have just run into one of those Tea Party types whom they had just been whispering critical assumptions about over the lively sounds of a chatty gathering place. I was one of them who used the word, but didn’t really understand the Constitution. What they really thought was that I didn’t understand that the Constitution had been ripped to shreds many decades before and people like me didn’t understand that they (those who know how to run every one’s life) had killed that rotten document dead already, so get over it.

We are a divided people. I used to look back at the horrors of the Civil War and try to place myself in that time, divided against kind and kin over a political issue. Don’t get me wrong, slavery was beneath us even then, but to feel so strongly one way or the other to take up arms against one’s own blood, at times, must have seemed like the end of the world. What could have been so important to fight and die for? Well, that is not so hard to imagine as it used to be when America seemed to me a whole nation. We have already parted irrevocably. As Billy Beck noted so long ago, we are merely going through the dress rehearsal for Civil War.

I have in a recent post called for a leader, not just any leader, but one who could make us understand the importance of the times we live in right now. This little theater of governance has gone as far as it can go without recognizing the fact that at some point, somewhere along the lines the people who are being looted to pay for the other half’s indulgences is going to stop.

What I mean by indulgences is this: $500 million dollar loans to companies who play the liberal game, nothing for those starving, bankrupt small businesses put out of business by the policies of politicians who sought the favor of the mass of voters looking for the spoils of a rich nation. The Community Reinvestment Act and all of the disastrous actions that strengthened it and bastardized the business of banking was nothing more than another form of looting the middle class. They have destroyed the middle class with their efforts and now seek another method, the direct method, outright confiscation.

Let me explain a little of how the thing worked so you will better understand the charges I have made. The Community Reinvestment Act was the product of the brilliant political mind of Jimmy Carter along with the deadly 55 mph speed limit and the 68 degree house, which basically accomplished nothing. The idea was that banks in poor neighborhoods were taking the money of the poor to lend to those wealthy enough to purchase a home, but refused to lend that money to people in those poor neighborhoods and like most things liberals to they call theft “reinvestment”. Of course the undercurrent to this notion was couched in racism. To liberals, poor means ethnic or racial.

It was theft because they encouraged, nay demanded that those banks give loans back to poor people (minorities) who could not afford to purchase homes and the profits that should have been the property of the banks had only good loans been made were instead squandered on repossessions and lost value due to the run-down conditions of the property once repossessed. They were forced to loan money to people who would not repay it, that is theft.

But, the Community Reinvestment Act really had no teeth and the banks quickly figured this out and stopped making stupid loans required by the Democratic government to transfer wealth to the poor, those who would vote for those who helped them get the loans whether the property was repossessed, or not. They long remembered who had elevated them, even if that elevation was but for a short time.

By the time Clinton came around the CRA was a dead deal until Janet Reno came on television and let all those banks know that now with legislation passed by Congress and signed by Clinton the CRA would now get them fined and perhaps imprisoned and that they would investigate allegations of misconduct. What the CRA really needed, though, was a citizen to complain in order for it to get the federal government working against the banks. Now, you see, we have ACORN and Community Organizers who would make the charge, regardless of merit. That was all it took to send the banks running for cover and making stupid loans which devalued the assets of the people who owned the banks and stock in them (a heck of a lot of middle class people with 401K’s).

If you combine this with George Bush’s idea that the more people who own homes, the more stable the community, you have the ingredients for exactly what drained my company of equity in a short minute in July of 2008. When George Bush did not kill the CRA immediately and get banks on solid footing, he let the opportunity to avert the next Civil War go by the wayside. His desire for a robust and growing economy, especially after 9-11, let him see through rose-colored glasses and even aid in the coming conflict by his failure to lead.

Okay, so there are the charges and the reason I make them. With one half of the population looking to loot the pockets with the power of the government and support of the liberals, there must come a time when people buck the system. At the start of the Civil War that catalyst was the election of Abraham Lincoln. What will it be this time? You know it must come. I’m ready now, because they have already done as much as they can to destroy my reputation as a reliable, conscientious, responsible borrower and turned me into a deadbeat, because I cannot pay the debts of a million dollar company on the salary of even an oil field worker. They have let my daughter see me in that role, something she never should have witnessed. They have done their damage to me and I am resentful of that. (by the way I am still doing everything in my power to pay those bills, but it will not work, I know that even now as I dedicate much of my salary to debt repayment. There isn’t enough money and there isn’t enough time and my creditors are growing less and less patient).

While the readers of this blog might consider that a little bit of the “oh poor me, the victim” and not enough of the “rugged individual responsible adult” let me remind you that we have all been looted the same. It is not just me and it is not just you, it is the whole country and it is not really about me at all. What this is about is that we have all been sold a bill of goods and soon the crash will come. They have taken as much as they can and are asking for more, now from the millionaires and billionaires, which in Obama-speak is anyone making over $200,000. Why that figure, not any other? Not hard to figure out that most of the Democrat voters fall under that mark and most of the Republican voters fall over it. The math has been done. The Democrat voters that come in over that mark are socialists anyway, so they don’t care about their money, they are planning to get benefits like healthcare, government contracts and grants. Oh, they plan to get the value of their tax increase and even more than that.

What this all boils down to is when. When will the great middle rise up to put a stop to it. It will be a while coming yet as we still believe in elections, but soon that will end too, when more of the people realize that it is the power of our government and not anyone in particular, or party, that is robbing us of our hard-fought salaries, they will come around.

The Tea Party was just the first wave. When they discover that the power of government cannot be tamed, that everything promised in the Constitution is nothing more than crowd control until the new order eventually morphs us all into good little socialists, they will realize that the peaceful method will not work. It only allows the enemy time to fortify their positions and lay in supplies. The government is right now dumping money into the “muscle” part of the equation, the front-line troops, the labor unions.

We are a divided people. Someone give Billy Beck a salute.

Thugs looted every store on the street except the bookstore.

Thugs looted every store on the street except the bookstore.

During the London riots, Clapham High Street was hit hard by a nearly all black mob of thugs. They looted every single store except a book store, which was left without a scratch.

From London Evening Standard…

The “joke” the next day was that the rioters do not know how to read. Simon, the manager of camping shop Blacks, watched it all from an upstairs window, hiding in terror as hundreds of looters plundered his shop and the street.

“They smashed our window, ripped the plasma TVs off our walls, took all our jackets and rucksacks. I saw them go into Claire’s Accessories, break into NatWest, liberate our neighbours Toni & Guy of hair products. They carted off iPods from Currys, clothes from Debenhams, mobile phones from Carphone Warehouse. I was horrified.

“But Waterstone’s, directly opposite us was untouched. For the looters it was as if it did not exist.”

When Waterstone’s deputy manager Alicia Baiger arrived next day to a street littered with broken glass and debris, she was amazed to find that her shop – with its £199 Sony eReaders and three-for-two £10 paperbacks – had suffered “not even a scratch”.

What this free-for-all revealed better than any consumer behaviour poll could, is that many young people have no desire for books. Not even when they are apparently free.

The New Eternal City

City in the image of Man. The Omega God.

A synthesis of religion, arcology, racial unity, and our common Imperian destiny.

The New City our religion, god manifested in matter, the son-God of Europid man.

A city of cities, a testament to the glory of our people and the creative gift bestowed upon our race by our great creator. The fulfillment of our Earthly divine purpose, the great urban effect, our god manifested in structural and spiritual form.

The Omega Seed:

The function of arcology is to facilitate the breakthrough of the racial spiritual essence to new levels of individuality and community, by unifying the people of europa in a common sense of purpose and fulfillment.

The structure itself is matter becoming spirit. Matter is therefore, not to be cast aside, but spiritualized, to inspire our race to new levels of greatness, to enshrine a cosmic vision and fulfill the unification of physicality, time, and space, manifested in pure spirit of our people through arcology.

We seek a new community, not centered around consumption, indifference, and alienation, but individual fulfillment. Such individual fulfillment would be in a community not only of other human beings, but our kinsmen, also of the multitude of living forms in which the fulfillment of each supported the fulfillment of all others. Out society is to be transformed, transcended, life would have meaning, purpose, we would be as one people. The barrier between life and death would find new externalized meaning, community life would elevate the individual to untold heights, only those who are ready to lose their lives find them. Honor and courage to excel to new levels of organization and complexity.

The Spirit:

The warrior spirit must pervade the vanguard of our kinsmen, the selfish reality we currently face cannot be overcome through internal laws or self help books, but thorough pain and suffering. Each of us will be called upon and stand to be counted, stand on our own two feet to wage war against the darkness, or fall to our knees and die as cowards. Either choice is a victory for our racial brethren, for great revolutions require great sacrifice. A true spiritual awakening, blessed by the sacrifice of the weak, arrogant and ignorant. A down payment of blood for our transcendence into the spiritual realm.

The racial spirit requires renewal, a cycle of highs and lows, ever present, a continuous renewal and decay, of rebirth and death, life transcended into a new beginning. To cling to the security of what one is and has and to seek to satisfy the desires that express that stage and mode of being leads to stagnation and decay, as we are now witnessing in the terminal stage of our civilization. Life and vigor come from unforeseen novelty achieved by the urban effect and community of arcology. The grand appeal to our inner eye, our accomplishment and a temple to our race, a home for the common man of Europa.

Our Destiny:

Even now as we face oblivion, an absolute destruction of our soul, we stand at the edge of rebirth or eternal damnation, the vision presents itself, the blinding light, the roar of the flames, the chasm below burns hot, its flames lick at our feet, burning away our flesh, the chosen few walk into the flames unafraid of what lays beyond its borders. Brothers i say we must embrace the eternal cleansing fire of hell if we are to be reborn as pure souls, the universe demands it. What purity can be gained from the present order? None. All are guilt as charged, face the collapse of our great cities, our nations, the resulting storm of death and destruction, face it with peace and calm as in the eye of the storm passes over your body, stand and know who you are, embrace your own souls, deny not your own inner beings and walk new paths of internal peace, content with life eternal, free of materialist thought and self grandiose. Face down our enemies with balance, the eternal balance of inner peace and outwardly force, a recognition of the external thinking of our collective destiny, leave the unclean to their fates, embrace your destiny as demigods. Our human venture has just begun, unity awaits us in our time to come.

The final years of the American experiment.

Be ready our time is coming!

The final years of the Amerikan experiment.

Demographics means something, heritage, culture, race, all mean something in the greater history of humanity. Any nation that ignores these universal principles, walks the path of self destruction.  The decade to follow we will see the end of the Amerikan empire, the fall of the Western world into the progressive socialist chaos, the end of an age. Western liberal democracies will come to an end, and something new will be born in its place.

From: http://lewrockwell.com/slavo/slavo58.1.html

Race war, class war, anti-government riots –you name it. All of it is headed our way. The sentiment across the nation, as Michael Bloomberg suggested in a recent interview, is that Americans know something is wrong in this country. For every individual and the groups with which they affiliate it’s different. For the black panthers it’s racism and poverty. For unions it’s benefit cuts, wage cuts and free market solutions. For Tea Party members it’s an intrusive and socialist government. The majority of America is not happy and they’ve lost hope, because regardless of what group you identify with, what color you are or what way you lean politically, you’re losing jobs, falling behind on essential bills, having difficulty putting food on the table and are constantly being accosted by government on all levels. When the riots start –and they will –the core motivators for individuals who hit the streets will be similar. Where the difference will arise is who each person or group will blame. Those elites in the upper echelons of our command and control apparatus thrive on hate, confusion and panic, and they will use our own ignorance against us. When we discuss the coming civil disobedience and unrest in America, we may find ourselves visualizing protests where the people join together to oust a tyrannical government. Be forewarned. This is not the most likely outcome –at least not at the outset. With so many different ideologies in this country, every one of us interprets the problems and directs blame a different way. These differences will be used against us; they’ll be used to turn us against each other. As you watch the following short speech from Black Panther National Chairman Malik Shabazz, consider that, while you may disagree with his solutions to the problems or where he places some of the blame, his core message is very similar to those of others that are fed up with what’s going on in this country.

New Black Panthers:

“Our message to the State Department, our message to the CIA, our message to Homeland Security, our message to the government today, is that your enemy is not our enemy. Your enemy in Afghanistan, your enemy in Iran, your enemy that you are bombing in Libya today –those are not our enemies. Our enemies are right here in the United States of America. Our battle is not against Ghaddafi. Our battle is against police brutality right here at home. Our battle is against budget cuts right here at home… … A message to the President, Barack Hussein Obama. We elected you. But we did not elect you to bomb your homeland. We did not elect you to bomb Africa. We are pleading with you Mr. Obama. You cannot make a compromise with the devil. The bible says resist the devil, and the devil shall flee from you. You can’t cut a deal with Satan, Mr. Obama. You got to stand up for God… … We have to fight. Gird up your loins college students. Gird up your loins young black man and young black woman, for the hour of war is at hand.”

Combine that statement with this one from the Chicano nationalist moments:

Chicano race organizations Calls for Race war?

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?

Perez is hyping a call to arms by a fellow Chicano militant…

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.

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, Arizonians and seriously fear what I believe is coming.

The black and brown people want to defend their own people from aggression they believe whites will inflict upon them for the destruction of the Amerikcan nation, they understand that they are the cause of most of our problems, they know that they deserve nothing less then genocide for their racial crimes against the white race, and they are correct. But to believe that they would be able to hold on to any territory they steal from white Americans is foolish.  Let them have los Angels, atlanta, and other non white cities, a cluster of thermal nuclear bombs detonated in those cities, will make it clear we mean business. The challenge for we the vanguard will be to convince our racial comrades, that in a civil war we must use chemical, biological, nuclear, and concentration camps against our racial enemies.

They brought this upon themselves, they started this war by invading our communities, weakening our civilization, we will finish it. I support the nuclear option in the coming civil war, make it clear to all whites, they must as well.