Tag Archives: Economic Collapse

Time to Print More Money

Alan Greenspan made the statement today on Meet the Press: “The United States can pay any debt it has because we can always print money to do that. So there is zero probability of default”  Although he is correct, there … Continue reading

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And So It Begins

The following information should start “Welcome, comrades!”. The article from US Day of Rage is a call to arms by the left “in order to prosper”. The battle lines are being drawn. I want to call your attention to the last … Continue reading

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Russia Is Not Letting a Crisis Go to Waste

The following video from Russia Today is the beginning of an effort to destabilize our government and consumer confidence. httpv://www.youtube.com/watch?v=jERhPMzqSaE What part of their analysis do you disagree with? When we sow politicians instead of leaders in our government, we will … Continue reading

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The Consequences of Standard & Poor’s Credit Downgrade

Foxnews is reporting how the Republicans running for their party’s nomination are reacting to the downgrade of the United States by Standard & Poor’s: GOP Presidential Contenders Pile on Obama for Historic Credit Downgrade While the announcement late Friday wasn’t … Continue reading

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Another Round of Crisis Talks – in Europe

The events in Washington and Wall Street over the past week have diverted our attention from the Middle East and the European Union. Although concern about individual portfolios is warranted, the stock market decline is not limited to the United … Continue reading

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Is It Time to Buy Gold?

Is it time to buy gold? Gold has undergone a meteoric rise in the past month as people flee to the “safe haven of gold”. Although it is reported as reaching new highs, this is not true when adjusted for … Continue reading

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Alert: Tea Party Crashes Stock Market – Flees to Gold

Patriots standing up for our country have been relentlessly attacked by our government, media and liberals. When presented with facts, these attacks in the past have been deflected by the old political correctness retort: the Tea Party is racist. Now … Continue reading

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When Redistribution Becomes Retribution

The August 2nd debt ceiling deadline imposed by Timothy Geithner is no longer an issue. The scare tactics of “default”, which was never a possibility in the near future, worked as intended by the media and the president. So now … Continue reading

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Even If the Debt Ceiling Is Passed…

Even if the debt ceiling legislation is passed, happy days are not here again. The recession was never over: we only need to factor in inflation and stimulus money to see actual private sector economic activity. The $130 trillion debt … Continue reading

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Standard & Poor’s Statement on the Credit Rating of the United States

The following video from Standard & Poor’s explains their position for downgrading the United States’ credit rating within the next 90 days. httpv://www.youtube.com/watch?v=BhOUw0jO0gg Keep in mind that they expect the debt ceiling to be raised and this is not a factor … Continue reading

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The Buck Ended Here

The debt ceiling “crisis” is on center stage today. I received an email again today with the following quote from then Sen. Obama in 2006: “The fact that we are here today to debate raising America’s debt limit is a sign … Continue reading

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The Tea Party is Playing Russian Roulette and They Will Lose

John Boehner will present a plan to raise the debt ceiling by Sunday (July 24th) evening. This deadline is to prevent a “roil” when the Asian stock markets open tomorrow night. Keep in mind that this will only be a … Continue reading

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The Crisis Is Upon Us

The debt ceiling deadline is August 2nd. The House of Representatives sent Cut, Cap and Balance legislation to the Senate and left Washington. The Senate did not approve the House bill, Harry Reid said it was now up to the … Continue reading

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Egan-Jones Downgrades US Credit Rating to AA+

Egan-Jones Rating Company is officially recognized by the Security and Exchange Commission. This company has downgraded the credit rating of the United States from AAA to AA+. Here is a statement from their site concerning their services: We aren’t particularly pretty or … Continue reading

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The Buck Ended Here

The following list comes from an article on businessinsider.com. At the risk of causing “prepper fatigue”, it is important to stay informed and be prepared. The debt ceiling talks in Washington have degenerated into which political party can make the … Continue reading

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