End of Liberty

Superb new video just released from the National Inflation Association (NIA)

While watching, note one of the common threads running throughout the piece - apathy. I think you'll agree that most Americans really don't understand or care about the loss of liberty and the precarious position of our economy...and by extension, our way of life. If pieces like this do nothing more than act as a catalyst to get people to do more research and start thinking for themselves, then it will have been successful. Kudos to the folks at NIA.

Note: I agree with nearly every aspect of this video except one (which wasn't even mentioned really, but needs to be pointed out nonetheless) - I think the video's often cited hyperinflationary spiral will be combined with an massive economic depression (widespread unemployment, continued collapse in asset values - homes, cars, TVs, businesses, etc - a hyperinflationary depression if you will) - and worker wages (for those lucky enough to have a job) will not keep up with the inflationary death spiral of the USD. Many US citizens will ultimately be caught in a double whammy (collapsed value of personal savings and wages combined with the higher cost of food, clothing, energy, etc) and with no alternative available, these folks will become completely dependent on the US Government for sustenance and shelter (yes - bread lines and soup kitchens will likely end up supporting a large segment our citizenry... and they may even be combined with tent cities).

Got gold and/or silver (and/or barterable goods)?

Social Consequences of an Economic Meltdown

Chinese Professor

Short video that gets straight to the point - enjoy!

Weekend Funnies 30 Oct 2010

Click any image to enlarge - enjoy!

Las Vegas #1 Again! - The Dumbest City in U.S.

If you haven't been hiding under a rock over the last few years, you're probably already aware of some of the various #1 records Las Vegas has attained during this period - records to include:

- The highest unemployment rate in the nation (15% )
- Top city for personal debt (link)
- The highest bankruptcy rate in the nation (link)
- The highest foreclosure rate in the nation (link)
- The most stressful city in the nation (link)
- City where > 80% of homeowners are upside down (link)

Well, as of today - beep, beep, beep... Breaking news!!! Hot off the press - Another #1 label can now be added to the lineup:

Las Vegas is #1 - The Dumbest City

Excerpt:

The site analyzed the nation's 55 metropolitan areas with 1 million or more residents, evaluating those markets based on nonfiction book sales tracked by research firm Nielsen BookScan; the number of libraries per capita; the ratio of colleges and universities; and the percentage of residents older than 25 with bachelor's and master's degrees.

If you tally all of those factors, Las Vegas ranks dead-last among the country's big cities. Of its 1.9 million residents, 14 percent earned bachelor's degrees, and 7 percent hold master's degrees. Las Vegans have bought 1.1 million adult nonfiction books year-to-date, or fewer than one tome per resident. (But hey, we'll go head to head against anybody on adult-video sales!)



Cheers!

Randy

Case-Shiller Housing Chart

S&P Case-Shiller housing data was released Tuesday (report).

Bottom line up front: The report noted a deceleration in home price growth rates in most of the areas surveyed. Take a look at the circled area in the chart below - notice anything? Hmm, could this be the beginning of another leg down for the housing market?




Report Excerpts:

“A disappointing report. Home prices broadly declined in August. Seventeen of the 20 cities and both Composites saw a weakening in year-over-year figures, as compared to July, indicating that the housing market continues to bounce along the recent lows,” says David M. Blitzer, Chairman of the Index Committee at Standard & Poor’s. “Over the last four months both the 10- and 20-City Composites show slowing growth, after sustaining consistent gains since their April 2009 troughs.

“The month-over-month growth rates tell the same story. Fifteen of the 20 MSAs and the two Composites saw a decline in the month of August as compared to July levels. The 10- and 20-City Composites fell 0.1% and 0.2%, respectively. Indeed, the housing market appears to have stabilized at new lows. At this time, it does not seem that any of the markets are hanging on to the temporary momentum caused by the homebuyers’ tax credits.”

SOUP KITCHENS RISE IN US AS ECONOMY COLLAPSES

Weekend Funnies 23 Oct 2010

Click any image to enlarge.

The first cartoon below speaks volumes and basically says it all - our nation and political systems are "owned" by the banking cartel, and due to their various misdeeds the USA is now being foreclosed upon by numerous G20 lenders - and our way of life (standard of living) is about to drastically change.

Regardless of what transpires on November 2nd, nothing will change in America until we neuter the Fed banking system and its various embedded tentacles of control/influence. It's not about an "R" or a "D" - both corrupt political parties have been "paid in full" - unfortunately however "the people" will not realize this for several more years (years of growing economic misery). Once widespread realization and maximum dispair have been met, revolution is the only likely outcome that will provide the "change" that is required.
































Link to another good cartoon that won't post here (unreadable): Link