An Even Bigger Scandal: Why Are IRS Audits Being Used To Punish Obama’s Political Enemies?

Is it right for Barack Obama to use IRS audits to punish his political enemies?  As crazy as that sounds, there is a mounting body of evidence that indicates that this is actually happening.  And if this can be proven,

The Economic Collapse: Petrogold: Are Russia And China Hoarding Gold Because They Plan To Kill The Petrodollar?

 Will oil soon be traded in a currency that is thousands of years old?  What would a "gold for oil" system mean for the petrodollar and the U.S. economy?  Are Russia and China hoarding massive amounts of gold because they plan to kill the petrodollar?  Since the 1970s, the U.S. dollar has been the currency that the international community has used to trade oil around the globe.  This has created an overwhelming demand for U.S. dollars and U.S. debt.

The Economic Collapse: Show This To Anyone That Believes That “Things Are Getting Better” In America

 How can anyone not see that the U.S. economy is collapsing all around us?  It just astounds me when people try to tell me that "everything is just fine" and that "things are getting better" in America.  Are there people out there that are really that blind?  If you want to see the economic collapse, just open up your eyes and look around you.  By almost every economic and financial measure, the U.S. economy has been steadily declining for many years.  But most Americans are so tied into "the matrix" that they can only understand the cheerful propaganda that is endlessly being spoon-fed to them by the mainstream media.  As I have said so many times, the economic collapse is not a single event.  The economic collapse has been happening, it is is happening right now, and it will continue to happen.

The Economic Collapse: Do Wall Street Insiders Expect Something Really BIG To Happen Very Soon?

 Why are corporate insiders dumping huge numbers of shares in their own companies right now?  Why are some very large investors suddenly making gigantic bets that the stock market will crash at some point in the next 60 days?  Do Wall Street insiders expect something really BIG to happen very soon?  Do they know something that we do not know? What you are about to read below is startling.  Every time that the market has fallen in recent years, insiders have been able to get out ahead of time.  

The Economic Collapse: Shocking Numbers That Show The Media Is Lying To You About Unemployment In America

 Did you know that the percentage of the U.S. labor force that is employed has continually been falling since 2006 according to the Bureau of Labor Statistics?  Did you know that the increase in the number of Americans "not in the labor force" during Barack Obama's first four years in the White House was more than three times greater than the increase in the number of Americans "not in the labor force" during the entire decade of the 1980s?  The mainstream media would have us believe that 157,000 jobs were added to the U.S. economy in January.  Based on that news, the Dow broke the 14,000 barrier for the first time since October 2007.  But if you actually look at the "non-seasonally adjusted" numbers, the number of Americans with a job actually decreased by 1,446,000 between December and January.  But nowhere in the mainstream media did you hear that the U.S. economy lost more than 1.4 million jobs between December and January.   

The Economic Collapse: The U.S. Has An Even Larger Gap Between The Rich And The Poor Than Downton Abbey Does

 There are two very different Americas today.  In one, the stock market is soaring, high end homes are selling briskly, big banks and hedge funds are rolling in money as if the last financial crisis never even happened, and life is really, really good.  In the other America, good jobs are incredibly scarce, incomes are declining, and poverty is skyrocketing to levels that we have never seen before.  The gap between the wealthy and the poor in America is getting wider with each passing day.  In fact, it is my contention that the U.S. has an even larger gap between the rich and the poor than Downton Abbey does.  

The Economic Collapse: Federal Reserve Money Printing Is The Real Reason Why The Stock Market Is Soaring

 You can thank the reckless money printing that the Federal Reserve has been doing for the incredible bull market that we have seen in recent months.  When the Federal Reserve does more "quantitative easing", it is the financial markets that benefit the most.  The Dow and the S&P 500 have both hit levels not seen since 2007 this month, and many analysts are projecting that 2013 will be a banner year for stocks.  But is a rising stock market really a sign that the overall economy is rapidly improving as many are suggesting?  Of course not.  Just because the Federal Reserve has inflated another false stock market bubble with a bunch of funny money does not mean that the U.S. economy is in great shape.  

The Economic Collapse: Does China Plan To Establish “China Cities” And “Special Economic Zones” All Over America?

 What in the world is China up to?  Over the past several years, the Chinese government and large Chinese corporations (which are often at least partially owned by the government) have been systematically buying up businesses, homes, farmland, real estate, infrastructure and natural resources all over America.  In some cases, China appears to be attempting to purchase entire communities in one fell swoop.  So why is this happening?  Is this some form of "economic colonization" that is taking place?  Some have speculated that China may be intending to establish "special economic zones" inside the United States modeled after the very successful Chinese city of Shenzhen.  

The Economic Collapse: 37 Statistics Which Show How Four Years Of Obama Have Wrecked The U.S. Economy

 The mainstream media covered the inauguration of Barack Obama with breathless anticipation on Monday, but should we really be celebrating another four years of Obama?  The truth is that the first four years of Obama were an absolute train wreck for the U.S. economy.  Over the past four years, the percentage of working age Americans with a job has fallen, median household income has declined by more than $4000, poverty in the U.S. has absolutely exploded and our national debt has ballooned to ridiculous proportions.

The Economic Collapse: Do You Want To Scare A Baby Boomer?

 If you want to frighten Baby Boomers, just show them the list of statistics in this article.  The United States is headed for a retirement crisis of unprecedented magnitude, and we are woefully unprepared for it.  At this point, more than 10,000 Baby Boomers are reaching the age of 65 every single day, and this will continue to happen for almost the next 20 years.  The number of senior citizens in America is projected to more than double during the first half of this century, and some absolutely enormous financial promises have been made to them.   

The Economic Collapse: 35 Statistics About The Working Poor In America That Will Blow Your Mind

 In America tonight, tens of millions of men and women will struggle to get to sleep because they are stressed out about not making enough money even though they are working as hard as they possibly can.  They are called "the working poor", and their numbers are absolutely exploding.  As a recent Gallup poll showed, Americans are more concerned about the economy than they are about anything else.  But why are Americans so stressed out about our economic situation if things are supposedly getting better? 

The Economic Collapse: The Federal Government Hands Out Money To 128 Million Americans Every Month

  The number of Americans receiving money directly from the federal government has grown from 94 million in the year 2000 to over 128 million today.  A shocking new research paper by Patrick Tyrrell and William W. Beach contains that statistic and a whole bunch of other very revealing numbers.  According to their research, the federal government hands out money to 41.3 percent of the entire population of the United States each month.  Overall, more than 70 percent of all federal spending goes to what they call "dependence-creating programs".  It is the most massive wealth redistribution scheme in the history of the world, and it continues to grow at a very rapid pace with each passing month. 

The Economic Collapse: Can America Survive If Americans No Longer Agree On A Core Set Of Shared Values?

 What does America stand for?  That question is a lot more complicated than you might think.  Our Founding Fathers established a Republic that was based on a set of shared values that were embodied in the text of the U.S. Constitution.  But today, many of our politicians openly disregard the Constitution whenever they want and it has become fashionable to mock the U.S. Constitution.  For example, the New York Times recently published a piece by Georgetown University Professor Louis Michael Seidman entitled "Let's Give Up On The Constitution" in which he publicly called the Constitution "archaic" and "downright evil".  This is a man that has been teaching constitutional law to the next generation of lawyers at one of the top universities in the nation for nearly 40 years.  

The Economic Collapse: If Obama Can Just Create A Trillion Dollar Coin, Then Why Do We Have To Pay Taxes?

 If Barack Obama can "solve" the debt ceiling crisis by printing up some trillion dollar coins, then why does the federal government need our money?  As another debt ceiling showdown approaches, many in the liberal media are suggesting that if Congress does not raise the debt ceiling that Obama should just have the U.S. Treasury create a trillion dollar platinum coin and use it to pay our bills.  It sounds crazy, but many notable voices (including Paul Krugman of the New York Times) are supporting this idea.  But if the federal government has had the power to create trillion dollar coins out of thin air all this time, then why do we have to pay taxes?  Not only that, why do we have a national debt?  If the federal government can just create money whenever it wants, then why does the federal government ever have to borrow it from others?   

The Economic Collapse: 65 Percent Of Americans Believe That 2013 Will Be A Year Of Economic Difficulty

 Do you believe that economic trouble is coming in 2013?  If so, you have a lot of company.  According to a brand new Gallup poll that was just released, 65 percent of Americans believe that 2013 will be a year of "economic difficulty" while only 33 percent of Americans believe that 2013 will be a year of "economic prosperity".  Gallup has been asking this question for a lot of years, and the percentage of Americans that are anticipating economic difficulty in the year ahead has not been this high since the early 1980s.  And without a doubt, there are a whole lot of reasons to be deeply concerned about the economy as we head into the new year.  

The Economic Collapse: Government Dependents Outnumber Those With Private Sector Jobs In 11 U.S. States

 America is rapidly becoming a nation of takers.  An increasing number of Americans expect the government to take care of them from the cradle to the grave, and they expect the government to dig into the pockets of others in order to pay for it all.  This philosophy can be very seductive, but what happens when the number of takers eventually outnumbers the number of producers?  In 11 different U.S. states, the number of government dependents exceeds the number of private sector workers.  This list of states includes some of the biggest states in the country: California, New York, Illinois, Ohio, Maine, Kentucky, South Carolina, Mississippi, Alabama, New Mexico and Hawaii.  It is interesting to note that seven of those states were won by Barack Obama on election night.   

The Economic Collapse: 75 Economic Numbers From 2012 That Are Almost Too Crazy To Believe

 What a year 2012 has been!  The mainstream media continues to tell us what a "great job" the Obama administration and the Federal Reserve are doing of managing the economy, but meanwhile things just continue to get even worse for the poor and the middle class.  It is imperative that we educate the American people about the true condition of our economy and about why all of this is happening.  If nothing is done, our debt problems will continue to get worse, millions of jobs will continue to leave the country, small businesses will continue to be suffocated, the middle class will continue to collapse, and poverty in the United States will continue to explode.  

The Economic Collapse: What In The World Are Barack Obama And John Boehner Thinking?

 Barack Obama and John Boehner both seem absolutely determined to drive U.S. government finances off a cliff.  The mainstream media would have you believe that there are vast ideological differences between the two of them and that they are bitter enemies, but that is simply not the case.  Both of them say that tax increases are "necessary", but they disagree over the details.  Both are seeking about a trillion dollars of spending cuts and about a trillion dollars of new "revenue", but they don't see eye to eye on how to get there.  But overall, they are both definitely playing in the same ballpark.  And those numbers certainly do sound impressive until you realize that they are talking about a time span of ten years.  

The Economic Collapse: Sorry Protesters: Your Jobs Are Being Sent To China And They Aren't Coming Back

 Did you see the huge crowds of protesters that flooded the Michigan Capitol on Tuesday?  They were there to protest two bills there were being considered by the state legislature that would limit the power of unions in the state.  Michigan lawmakers approved the bills and this absolutely infuriated the protesters.  There is a lot of passion on both sides of this debate, but I am afraid that both sides in this debate are missing the bigger picture.  If we keep shipping millions of our jobs to China, there isn't going to be work for anyone no matter how much power unions have or don't have.

The Economic Collapse: From Good Jobs To Bad Jobs To No Jobs - The Tragic Downfall Of The American Worker

 There was a time in America when virtually anyone that wanted a job could go out and get one and the United States boasted the largest and most prosperous middle class in the history of the world.  Sadly, those days are long gone.  Back in 1969, 95 percent of all men between the ages of 25 and 54 had a job.  But now there are millions of Americans in their prime working years that cannot find a job.  Millions of others are working low wage jobs or part-time jobs because that is all they can get.   

The Economic Collapse: Wake Up! 11 Facts That Show That Europe Is Heading Into An Economic Depression

 Europe is not just heading into another recession.  The truth is that Europe is heading into a full-blown depression.  The economy of the EU is actually larger than the U.S. economy, and we are watching it melt down right in front of our eyes.  Things just continue to get worse in Europe, and yet somehow the authorities over in Europe just keep insisting that everything is going to be "just fine".  Well, everything is not "just fine" over in Europe right now.  Unemployment in the eurozone has just hit another brand new record high.  In some nations in Europe, the unemployment rate is already significantly higher than anything the United States experienced during the Great Depression of the 1930s.  Europe is a continent that is collapsing under the weight of its own debt, and this is just the beginning. 

The Economic Collapse: 34 Signs That America Is In Decline

 The United States is clearly in an advanced state of decline.  Many people around the world (and even inside America) rejoice at this, but not me.  I mourn for the country that I was born in and that I still love.  Yes, the United States has never been perfect, but the Republic that our Founding Fathers started truly has been a light to the rest of the world in a lot of ways over the centuries.  Unfortunately, our foundations are badly rotting and our nation is collapsing all around us.  Many Americans like to think that the United States is greater today than it has ever been before, but the truth is that America is like a patient that has stage 4 cancer that has spread to almost every area of the body.  Our nation is being destroyed in thousands of different ways, and more distressing news emerges with each passing day.   

The Economic Collapse: The Giant Currency Superstorm That Is Coming To The Shores Of America When The Dollar Dies

 By recklessly printing, borrowing and spending money, our authorities are absolutely shredding confidence in the U.S. dollar.  The rest of the world is watching this nonsense, and at some point they are going to give up on the U.S. dollar and throw their hands up in the air.  When that happens, it is going to be absolutely catastrophic for the U.S. economy.  Right now, we export a lot of our inflation.  Each year, we buy far more from the rest of the world than they buy from us, and so the rest of the world ends up with giant piles of U.S. dollars.  This works out pretty well for them, because the U.S. dollar is the primary reserve currency of the world and is used in international trade far more than any other currency is.  

The Economic Collapse: Hungry For The Holidays: 20 Facts About Hunger In America That Will Blow Your Mind

  All over America there are millions of people that will be missing meals and going hungry this holiday season.  Even as much of the country indulges in the yearly ritual of unbridled consumerism that we refer to as "the holiday season", more families in the United States than ever before will be dealing with not having enough food to eat.  Food stamp use is at an all-time high.  Demand at food banks is at an all-time high.  They keep telling us that we are in an "economic recovery" and yet the middle class continues to shrink and the number of Americans living in poverty just continues to grow.  We are witnessing unprecedented hunger in America, and this especially seems tragic during the holidays.  

The Economic Collapse: 55 Reasons Why You Should Buy Products That Are Made In America This Holiday Season

 This is the time of the year when Americans run out to their favorite retail stores and fill up their shopping carts with lots of cheap plastic crap made by workers in foreign countries where it is legal to pay slave labor wages.  By doing this, the American people are actively participating in the destruction of the U.S. economy.  You see, buying products that are made in America is not just a matter of national pride.  It is a matter of national survival.  If we do not support American workers, they are going to continue to see their jobs shipped out of the country.  If we do not support American businesses, they are going to continue to die off at a staggering rate. 

The Economic Collapse: The Worst Economic Numbers In More Than A Year

 With everything else that is going on in the world, a lot of people have failed to notice that we are seeing some of the worst economic numbers that we have seen in more than a year.  For example, it was announced on Thursday that initial claims for unemployment benefits have hit their highest level in a year and a half.  Hopefully this is just a temporary blip in the data, because initial unemployment claims tend to have a very strong correlation with the overall performance of the economy.

The Economic Collapse: Will The Wealthy Race To Dump Stocks And Other Financial Assets Before The Fiscal Cliff Kicks In?

 The election results made it abundantly clear that taxes are going to be going up, and right now a lot of wealthy people all over America are trying to figure out how to best position themselves for the hit that is coming.  There are a whole host of tax cuts that are set to expire on December 31st, and many analysts are now speculating that we could see a race to dump stocks and other financial assets before 2013 in order to get better tax treatment on those sales. 

The Economic Collapse: Share This Massive List Of Post-Election Firings And Layoffs With Everyone You Can

 The victory by Barack Obama on election night has resulted in a huge wave of firings and layoffs all over America.  A large number of businesses seem to have suddenly shifted into panic mode.  The number of layoff announcements that we have seen in the last 48 hours has been absolutely shocking.  So why is this happening?  Well, the truth is that the federal government is absolutely suffocating small businesses all over America with rules, regulations and taxes.  If you have never tried to run a small business, then you have no idea how oppressive this system actually is for people that are trying to run small businesses successfully.

The Economic Collapse: The Politicians We Have Chosen Reflect Who We Are As A Nation

 The American people have spoken.  It is estimated that approximately 6 billion dollars was spent on political campaigns in 2012, and we ended up exactly in the same place that we were before.  Barack Obama is still in the White House, the Democrats still have solid control of the U.S. Senate and the Republicans still have solid control of the U.S. House of Representatives. Clearly, the American people want more of the same, and that is really bad news.  The path that we have been on will only lead to unprecedented disaster, and now it is abundantly clear that there are not going to be any solutions to our problems on the national level. 

The Economic Collapse: Anarchy Along The Jersey Shore And On Long Island In The Aftermath Of Hurricane Sandy

 Hurricane Sandy is another reminder of just how incredibly fragile the thin veneer of civilization that we all take for granted on a daily basis really is.  Many of the hardest hit areas along the Jersey shore and the coast of Long Island have descended into a state of anarchy.  More than 7 million people live on Long Island, and millions more live along the Jersey shore and right now they are getting a taste of what life would be like during a total economic meltdown.