July 8, 2010 at 1:00pm
The creator of Money Masters has created a new updated video called "The Secret of Oz".
June 29, 2010 at 3:15pm
You cannot spend your way out of a recession. You cannot regulate the economy into oblivion and expect it to function. You cannot tax people and businesses to the point of near slavery and expect them to keep producing. You cannot create an abundance of money out of thin air without making all that paper worthless. The government cannot make up for rising unemployment by just hiring all the out of work people to be bureaucrats or send them unemployment checks forever. You cannot live beyond your means indefinitely. The economy must actually produce something others are willing to buy. Government growth is the opposite of all these things. Under the Obama adminsitration, our national debt has skyrocketed to unprecedented levels. Just look at how the curve is going parabolic in recent years.
When I was born, the national debt was about $500 billion. It's now 28 times that amount and climbling fast thanks to Obama's tax and spend policies. If this continues, our country will ultimatly go bankrupt. What will be the breaking point? 20 trillion? 30 trillion? At what point does our ability to repay the national debt become a major problem causing foreign countries to dump the dollar and stop using it as the world's reserve currency? China cannot finance our debt forever. It will end eventually. This U.S. dollar collapse will lead to the collapse of the entire global financial system.
Let us not forget the former Soviet Union invaded Afganistan and then went into massive debt to finance the war. This eventually led to the collapse of the Soviet Union. Flash forward a few decades, and The United States of America is headed down the exact same path. It's almost as if this is a giant plan detailing how to destroy a nation... and we're following this plan to the letter. Will America fragment like The Soviet Union? Will Texas and New Hampshire be the first states to break away? If you've been paying attention... you know they've been very vocal about this lately.
March 23, 2010 at 1:00pm
I've compiled a list of my favorite quotes. View the list here: My Favorite Quotes
February 10, 2010 at 9:00am
I've compiled a list of people that I deem to be true American Patriots. This small group of people are actually DEFENDING the Constitution against all enemies (Foreign and Domestic). View the list here: Patriot List
January 5, 2010 at 9:00am
In response to increasing federal encroachment, a growing number of states, including New Hampshire, have passed and proposed resolutions to assert the Tenth Amendment and the Bill of Rights of the Constitution.
Read the official NH state resolution here: HCR0006
December 28, 2009 at 9:00am
April 6, 2009 - Congressman Ron Paul
"As our mountain of debt is projected to double with the new budget, many are wondering how long our country can keep this up before serious repercussions are felt. Obviously we can't continue down this road indefinitely. Certainly, no country has ever prospered when their public sector spent half or all of the nation's GDP. Yet we are saddled with leadership that seems unwaveringly convinced that the key to prosperity is public spending. This will be exposed for the lie that it is when our creditors wake up and call in our debt."
"The temptation at that time will be for the government to simply print up dollars in the amount needed. This type of debt repudiation could signal the end of the dollar as its value sinks to zero. We are seeing all the signs that this could happen. Certainly there are no signs of the alternative, which is paying down debt and taking the path of fiscal responsibility. Tragically, it is those who save their dollars, the most prudent and responsible among us, that will be hurt most by this irresponsibility in Washington."
March 19, 2009 at 8:30am
The United States Federal Reserve will not let these 4 Banks fail: Bank of America, Citibank, JPMorgan, Wells Fargo.
The U.S. is basically giving banks free money to lend. Consumer bank deposits are up big time because people are worried! It's a win win situation for the banks. In this situation, they can't lose!! Any moron can make money if it's free!!
Recent Headlines:
Looking back over the last year, there are now way fewer banks. This was their plan all along. Consolidate the Banks... and then make it painful for consumers to hold cash. Inflation is the next step in their plan.
When the market turns, Banks will be the first to recover. What you're witnessing is the violent change of direction from a Bear market to a Bull market.
Don't miss out. Buy these 4 banks stocks today! (BAC) (C) (JPM) (WFC)
Check out my stock portfolio.
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