By Michael Snyder: If
you know someone that actually believes that the U.S. economy is in
good shape, just show them the statistics in this article. When you
step back and look at the long-term trends, it is undeniable what is
happening to us. We are in the midst of a horrifying economic decline
that is the result of decades of very bad decisions. 30 years ago, the
U.S. national debt was about one trillion dollars. Today, it is almost
17 trillion dollars. 40 years ago, the total amount of debt in the
United States was about 2 trillion dollars. Today, it is more than 56
trillion dollars. At the same time that we have been running up all of
this debt, our economic infrastructure and our ability to produce wealth
has been absolutely gutted. Since 2001, the United States has lost
more than 56,000 manufacturing facilities and millions of good jobs have
been shipped overseas. Our share of global GDP declined from 31.8
percent in 2001 to 21.6 percent in 2011. The percentage of Americans
that are self-employed is at a record low, and the percentage of
Americans that are dependent on the government is at a record high. The
U.S. economy is a complete and total mess, and it is time that we faced
the truth.
The following are 40 statistics about the fall of the U.S. economy that are almost too crazy to believe...
#1 Back in 1980, the U.S. national debt was less than one trillion dollars. Today, it is rapidly approaching 17 trillion dollars...
#2 During Obama's first term, the federal government accumulated more debt than it did under the first 42 U.S presidents combined.
#3 The U.S. national debt is now more than 23 times larger than it was when Jimmy Carter became president.
By Stacy Herbert: Inflation, deflation or both?
Is demand picking up? We were told that trillions of dollars worth of Quantitative
Easing from banks all over the world would get the economy speeding up.
But so far we are not seeing it. Economies are at best hovering around
‘flat lining;’ not growth or contracting. And when you consider what the
GDP numbers in UK, USA, Japan, and the Euro zone would be if you took
the money pumping away you arrive
at negative growth. in other words, the trillions of free cash loaned
into the fractional reserve financial hologram (the post-industrial,
financialized hologram we all live in) has been a waste of time and money. This is particularly annoying when you consider that had this money simply been used to cancel consumer debts
instead of propping up zombie banks; the global economy would be
enjoying robust growth right now. Such is the problem when bankers get
their lobbyists elected to public office; a problem compounded by
bankers being asked to write the laws supposedly governing them.
What can be done?
Sex scenes, including a public copulation,
where the male, Tommy Hol Ellingsen, smears his sperm mingled with his
partners menstrual blood over his face, and declares it “organic”.
Doug Barry: The trailer for Fuck for Forest,
a documentary about a group of environmentalists from Berlin who
descend in naked whirlwind of public sex in the Amazonian rainforest,
has been making the Internet rounds for quite a while. Somehow, a
documentary about dreadlocked white European twenty-somethings creating eco-porn
as a way to raise money and awareness for the ever-diminishing
rainforest seems less-than titillating,
Greg Hunter: James Turk predicts, "It's inevitable you are going to
see bail-ins as we go forward from here because the capital just doesn't
exist." He also says gold is going much higher in a scramble for
tangible assets. Turk points out, "The problems we've been confronting
the past several years haven't gone away . . . governments have been
trying to buy time, but they aren't coming up with any solutions."
liarpoliticians: UKIP's Nigel Farage makes a good joke at how hard the EU works, how they averted a "disaster" on olive oil of their own making.
corbettreport: The tyrants of our modern age are smart enough not to declare themselves
to be tyrants. They simply don't follow the rules that have been set
for the common citizens. The other smart move that they have made is
that the real tyrants don't put themselves in the supposed positions of
power.
Typhon Blue: What is the Slavery Sweet Spot? The graphics take a lot of time
to do so in the interests of getting this information out there, I'm
forgoing the cartooning work for just a voice over and a still. Source
UK Banned Press TV: Palestinian sources say Israel has supplied Gaza hospitals with a
potentially killer gas to be used for anesthetic purposes. Four patients
have died after inhaling carbon dioxide instead of nitrous dioxide
during surgical operations.
UK Banned Press TV: Despite months of protest rallies, France has become the 14th country to
legalize gay marriage. Now, hundreds of thousands of people have
marched in Paris, in what seems to be a last gasp for the pro-family
movement.
