2012, TEOTWAWKI, Survival, Food Storage, Economic Collapse, Self Defense, Stockpile food, First Aid, Prepping
by Russell D. Longcore, DumpDC When this bubble pops, all economies will end Every day we hear talking heads talk about, or we read about, the various “bubbles” occurring in the world. Here in America, we’ve had the Savings and Loan bubble of the 80s, the Internet “Dot-Com” bubble of the 90s, the real estate/mortgage… [Continue Reading]
It doesn’t matter who the President is, it’s his cabinet that really matters. The President is just a figurehead: the guy behind the podium making the (pre-written) speech and shaking hands with dignitaries for the camera. The best way to gauge a president’s real motives and plans is to look at who he appoints to… [Continue Reading]
by Representative Ron Paul (R-TX) Congress focused on issues surrounding government spending this week as talk of deficits, the national debt, and the debt limit saturated the airwaves. This is a positive development. In years past, there was very little concern over how much was spent here in Washington, how it was spent, or how… [Continue Reading]
The big announcement this week that’s made all the financial news is that Standard & Poor says that they will be reconsidering the fiscal rating of the United States Treasury (currently a AAA) in the next two years. After this review, S&P says, they may be forced to lower that AAA rating. This announcement, while… [Continue Reading]
Do you want to bet on a sure thing? Bet the house on the debt ceiling getting raised. Oh sure there will be great consternation. There will be very serious political rantings. There will be dower economists telling us scary campfire stories. There will be breathless reporting by the media about the future of humankind…. [Continue Reading]
The most important thing in the world for you to understand right now is that prices are NOT going up, it is the value of your money going down. The more debt/money created out of thin air by the privately owned Federal Reserve and the more money/debt spent by the Federal Government, the less value… [Continue Reading]
Republicans in the House of Representatives approved and presented a budget on Friday that is supposed to cut $4.4 trillion from the national deficit over the next decade. The partisan floodgates immediately opened and the rhetoric started to fly on Capital Hill and in the media. So.. what will this budget really do and, more… [Continue Reading]
The Internal Revenue Service (IRS, aka Infernal Robbery Specialists) have a new tool to combat tax thieves: they’re going to predict who they’ll be and stop them before it happens. They’re calling it the “look forward model” of tax collection. Here’s how it works: employers and other entities who file forms such as W2, 1099,… [Continue Reading]
August 12, 2010 AP News by Marcy Gordon The $700 billion U.S. bailout program launched in response to the global economic meltdown had a far greater impact overseas than other countries’ financial rescue plans did on the U.S., according to a new report from a congressional watchdog. Billions of dollars in U.S. rescue funds wound… [Continue Reading]
July 30, 2010 People Daily The U.S. government has repeatedly made it clear that it would welcome China’s entrance into the world arena as a power. However, a series of issues since the beginning of this year, particularly Washington’s stance on the U.S.-South Korean joint military exercises and the South China Sea issue, have made… [Continue Reading]
July 26, 2010 USA Today by Karen Mracek & Thomas Beaumont Goldman Sachs sent $4.3 billion in federal tax money to 32 entities, including many overseas banks, hedge funds and pensions, according to information made public Friday night. Goldman Sachs disclosed the list of companies to the Senate Finance Committee after a threat of subpoena… [Continue Reading]
July 23, 2010 InfoWars.com One would think that America is experiencing Boom Times with the way their government is throwing around money lately. The recent announcement that a flotilla of warships and troops will be sent to Costa Rica would ordinarily be laughable for its wastefulness, but with America experiencing an unemployment rate north of… [Continue Reading]
July 21, 2010 ABC News by Rich Blake Those already outraged by the president’s health care legislation now have a new bone of contention — a scarcely noticed tack-on provision to the law that puts gold coin buyers and sellers under closer government scrutiny. The issue is rising to the fore just as gold coin… [Continue Reading]
July 15, 2010 CNBC by Patrick Allen The global economy is at risk of folding in on itself unless policy makers face up to the threat of inflation and exchange rate inflexibility, according to Arun Motianey, director of fixed income strategy at Roubini Global Economics. A Japan-like outcome is a big risk for the developed… [Continue Reading]
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