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05.22.12- A New Doomsday Clock
How Many Minutes Are We From Total Tyranny? The Doomsday Clock, maintained by the Bulletin of the Atomic Scientists, is meant to indicate how close the world's chieftains are in bringing the experience of bright, white flashes and enveloping mushroom clouds to a neighborhood near you. Even though the Bulletin's clock has merit, I propose that we adopt a new clock that foretells a different kind of doomsday: a time when we live under Total Government, which means Total Tyranny. History teaches us that the closer we get to Total Tyranny, the closer we get to the breakdown of society, pervasive poverty, slavery and war (including nuclear war). Read More |
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05.21.12- Exclusive: Over 55 and Jobless, Americans Face Tough Hunt
WASHINGTON (Reuters) - Jean Coyle, 67, has a new kind of ministry. The former professor had just begun a career as a Presbyterian minister in Virginia when the economic downturn forced her church to let her go in 2007. After that, she found only temporary work. She relied on savings while job hunting, but at 64, had to dip into her Social Security benefits. She officially retired in 2010. For spending money, she plans to start teaching a water aerobics class to earn $40 a week. "I'm not going to get wealthy on that," she said. "It's not really the ministry I expected to have." Read More |
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05.19.12- Are Americans Catching On, Waking Up, Unplugging? 
In response to the question in the title I can report that most of my readers are. Almost everyone got the point of the last column. They see the absurdity of the government’s claim that the identity of the tough, macho Navy Seals, who allegedly murdered Osama bin Laden, has to be kept secret in order to protect our fierce warriors from reprisals from Muslim terrorists, while those government officials responsible for the torture and deaths of large numbers of Muslims can walk around, identity known, unprotected and safe. Read More |
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05.18.12- How The U.S. Dollar Will Be Replaced
After being immersed in the world of alternative economic analysis for several years, it sometimes becomes easy to forget that most people do not track forex markets, or debt to GDP ratio, or true unemployment, or hunch over IMF white-papers highlighting subsections which expose the trappings of the globalist ideology. Sometimes, you just assume the average person knows what the heck you are talking about. This is, of course, a mistake. However, it is a mistake that is borne from the inadequacy of our age and our culture, and is not necessarily a product of weak character, either of the analyst, or the casual reader. The great frustration of being actively involved in the Liberty Movement is the fact that many people are rarely on the same page (or even the same book) during political and economic discussion. Where we see the nature of the false left/right paradigm, they see “free democracy”. Read More |
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05.17.12- Partisans
In a full on, wheels off, catastrophic societal collapse, only history can credibly predict what's to come. It tells of other and similar times when civilization had been upended, of wars and revolutions and the other madnesses of nations. Some are too remote in time or place to be of use, the Wars of the Roses or Pol Pot's Cambodia, say. Our best candidate is Occupied Europe in the 1940s, when what otherwise would be recorded as a time of civil wars, chaos and freelance armies was masked by the world war. What interest us here is not the battles of national armies nor even the malevolent police states imposed on conquered peoples but rather the undergrounds and their militia, what they seemed to be and what they were. Read More |
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05.16.12- First Things First: Key Questions Facing The Beginning Prepper 
Inspired by the article regarding how horrific it’s going to get for the non prepper, I thought I might also submit the following article on what it is like to be a new prepper. The purpose of this article is not to tell my story, but to give perspective on how overwhelming it was for me as a beginning prepper. With the amount of knowledge that readers at this website display, what could I possibly add? My answer to that is perspective. Read More |
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05.15.12- As the Boomers Head for the Barn
When the April figures on unemployment were released May 4, they were more than disappointing. They were deeply disturbing. While the unemployment rate had fallen from 8.2 percent to 8.1 percent, 342,000 workers had stopped looking for work. They had just dropped out of the labor market. Only 63.6 percent of the U.S. working age population is now in the labor force, the lowest level since December 1981. During the Reagan, Bush I and Clinton years, participation in the labor force rose steadily to a record 67 percent. The plunge since has been almost uninterrupted. Read More |
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05.14.12- How Horrific Will It Be For The Non-Prepper?
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05.12.12- Protecting Your Assets from an Out-of-Control Government, Part II
“Stay at home is still the norm for Americans,” I observed in yesterday’s Daily Reckoning. “but it’s a norm that is slowly fading. Every billion-dollar tick of the government debt clock, every expansion of the government’s regulatory apparatus, every overreaching judicial decision made in the name of a compelling public need,…every intellectually tortured discovery of a new meaning in the Constitution’s 4,400 old words leaves a few thousand more people wondering how prudent it is to consign all their eggs to a single national basket. “Most Americans still have yet to stick a single financial toe across the border,” I explained, “but more and more are considering it…Read More |
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05.11.12- Austerity Can't Be Just for Regular People 
It didn’t take long to crank up the backlash against European voters. This is inevitable whenever a socialist wins a major election, but particularly now, when new French president François Hollande rode to victory shouting, "Austerity can no longer be inevitable!" This sounds like the beginning of what will be a very heated debate over who has to pay for the excesses of the financial crisis. Read More |
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05.10.12- Gold and Financial Preparedness 
There is a growing number of people in America hoping for the best... but preparing for the worst. These people - often called "preppers" - believe in self-sustainability, in terms of health, wealth, and liberty. As a former Boy Scout, I can certainly appreciate the desire to be prepared for any eventuality. Many preppers buy physical gold to protect from some form of economic collapse: the collapse of currencies, the collapse of financial systems, the collapse of governments, or the collapse of society. Even if you don't think there's a high probability of collapse, investors need to prepare for a range of possibilities, and protecting from collapse isn't as simple as buying a few shares of SPDR Gold Trust. Read More |
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05.09.12- Economic Alert: If You’re Not Worried Yet…You Should Be
For the past four years I have been covering the progression of the global economic crisis with an emphasis on the debilitating effects it has had on the American financial system. Only once before have I ever issued an economic alert, and this was at the onset of the very first credit downgrade in U.S. history by S&P. I do not take the word “alert” lightly. Since 2008 we have seen a cycle of events that have severely weakened our country’s foundation, but each event has then been followed by a lull, sometimes 4 to 6 months at a stretch, which seems to disarm the public, drawing them back into apathy and complacency. The calm moments before each passing storm give Americans a false sense of hope that our capsized fiscal vessel will somehow right itself if we just hold on a little longer... Read More |
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05.08.12- Taxmageddon: Massive Tax Hikes on the Horizon
Unprecedented Tax Hike For 2013: Starting January 1, 2013, Americans will face a $494 billion tax increase, the highest ever in one year. Obamacare’s tax increase over 10 years barely edges ahead of Taxmageddon at $502 billion. The average American household would see its taxes rise by $3,800 in 2013 alone. And this is just for one year. Taxpayers would see even higher tax hikes in succeeding years. Expiring Tax Cuts and Obamacare’s New Taxes: Almost 34% of the tax increases from Taxmageddon come from the expiration of the 2001 and 2003 Bush tax cuts. Another 25% comes from the expiration of the payroll tax cut. Most of the remaining increases come from Obamacare, notably from the start of the hospital insurance 3.8% surtax on all forms of income over $250,000. Read More |
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05.07.12- Will Uncle Sam Takeover Your IRA?
Those engaged in massive strategic maneuvers know all too well that progress is typically made not in one fell swoop but painstakingly inch by inch. With deficits beyond the scope of imagination but oh so very real, I cautioned people to keep a watchful eye on Uncle Sam. Where might the old man go to beg, borrow, or steal money to fill that enormous fiscal hole? Your retirement accounts. I first broached this topic in early 2010 in writing, Blueprint for Government Takeover of IRAs and Will Uncle Sam Takeover Your IRA?. Fast forward and we now witness rumblings around Washington that the drunken sailors disguised as our political leaders are discussing how to make a move on your retirement savings. Read More |
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05.05.12- The Economic Charade
As we near the end point, the point where the economy collapses, government becomes more desperate to convey the myth of a recovery. Government data have always been suspect because of the political ramifications of a good vs. bad economic report. Fudging the numbers, or at least the ways of measuring various statistics, likely began once government began issuing economic data. The propaganda value of such data began to increase under Kennedy. Now we have reached a point where manipulation is beyond anything the manipulators dared just a couple of decades ago. Behind the need to increasingly lie about the economic condition of the country is the dying economy. If that is too strong for you to accept, then the declining standard of living. Read More |
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05.04.12- “We are Preparing for Massive Civil War,” Says DHS Informant
In a riveting interview on TruNews Radio, Wednesday, private investigator Doug Hagmann said high-level, reliable sources told him the U.S. Department of Homeland Security (DHS) is preparing for “massive civil war” in America. “Folks, we’re getting ready for one massive economic collapse,” Hagmann told TruNews host Rick Wiles. Sign-up for my 100% FREE Alerts “We have problems . . . The federal government is preparing for civil uprising,” he added, “so every time you hear about troop movements, every time you hear about movements of military equipment, the militarization of the police, the buying of the ammunition, all of this is . . . they (DHS) are preparing for a massive uprising.” Read More |
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05.03.12- Why There is No Shame in Sitting on your Butt
One of the most important habits of highly successful investors is that, when market conditions call for it, they have the ability to sit on their butts and do absolutely nothing. Great investors wait patiently for the next slam-dunk opportunity to present itself. They do not jeopardize their capital in half-baked ideas, nor risk money on investments in which they do not have conviction. As the famous early 1900s stock speculator Jesse Livermore put it, “It never was my thinking that made the big money for me. It always was my sitting.” Or, as the contemporary billionaire investor, Jim Rogers puts it: ”I just wait until there is money lying in the corner, and all I have to do is go over there and pick it up. I do nothing in the meantime.” Read More |
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05.02.12- Why U.S. House Prices Won't Recover
Taking inflation into account, U.S. home prices are down to 1895 levels. Waiting for housing prices to rebound? Don't hold your breath. That's why prospective buyers should stop focusing on the vague hope that house prices will jump from here and focus instead on the functional value houses provide for the money. In most markets, they provide enough of that to make buying a good deal. To see why house prices and inflation are linked, consider that inflation is a general rise in the price of consumable goods and services. We measure it as a nation just as you might think: pollsters collect prices on thousands of items and statisticians turn those prices into an index, called the Consumer Price Index. View Video |
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05.01.12- Brewing a Conflict with China 
Washington has pressured the Philippines, whose government it owns, into conducting joint military exercises in the South China Sea. Washington’s excuse is that China has territorial disputes with the Philippines, Indonesia, and other countries concerning island and sea rights in the South China Sea. Washington asserts that China’s territorial disputes with the like of Indonesia and the Philippines are a matter of United States’ national interests. Washington has not made it clear what Washington’s stake is in the disputes. The reason Washington cannot identify why China’s disputes with the Philippines and Indonesia are threats to the United States is that there is no reason. Nevertheless, the undefined “threat” has become the reason Washington needs more naval bases in the Philippines and South Korea. Read More |
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