Archive for the ‘Social Conditions’ Category
If Americans will trample one another just to save a few dollars on a television, what will they do when society breaks down and the survival of their families is at stake? Once in a while an event comes along that gives us a peek into what life could be like when the thin veneer of civilization that we all take for granted is stripped away. For example, when Hurricane Sandy hit New York and New Jersey there wasrampant looting and within days people were digging around in supermarket dumpsters looking for food. Sadly, “Black Friday” also gives us a look at how crazed the American people can be when given the opportunity. This year was no exception. Once again we saw large crowds of frenzied shoppers push, shove, scratch, claw, bite and trample one another just to save a few bucks on cheap foreign-made goods. And of course most retailers seem to be encouraging this type of behavior. Most of them actually want people frothing at the mouth and willing to fight one another to buy their goods. But is this kind of “me first” mentality really something that we want to foster as a society? If people are willing to riot to save money on a cell phone, what would they be willing to do to feed their families? Are the Black Friday riots a very small preview of the civil unrest that is coming when society eventually breaks down?
Once upon a time, Thanksgiving was not really a commercial holiday. It was a time to get together with family and friends, eat turkey and express thanks for the blessings that we have been given.
But in recent years Black Friday has started to become even a bigger event than Thanksgiving itself.
Millions of Americans have become convinced that it is fun to wait in long lines outside retail stores in freezing cold weather in the middle of the night to spend money that they do not have on things that they do not need.
And of course very, very few “Black Friday deals” are actually made in America. So these frenzied shoppers are actually killing American jobs and destroying the U.S. economy as well.
The absurdity of Black Friday was summed up very well recently in a statement that has already been retweeted on Twitter more than 1,000 times…
It has gotten to the point where it is now expected that there will be mini-riots all over the country early on Black Friday morning each year. The following are a few examples of the craziness that we saw this year…
Fortunately, many Americans are starting to get fed up with Black Friday. In fact, one activist named Mark Dice actually went out and heckled Black Friday shoppers this year. I found the following You Tube video to be very funny, and I think most of you will too…
In the end, it is not that big of a deal that people want to fight with one another to save 50 dollars on a cell phone.
But this kind of extreme selfishness and desperation could become a massive problem someday if society breaks down and suddenly millions of extremely selfish and desperate people are scrambling for survival.
With each passing day our economy is getting even weaker, and the next wave of the economic collapse is rapidly approaching. What are people going to do when the next spike in unemployment hits us and nobody can find work?
To get an idea of where things are headed, just look at Europe. In both Greece and Spain the unemployment rate is over 25 percent and civil unrest has become almost a constant problem in both of those countries.
So what kind of riots will we see in the United States when the economy gets much worse than it is now?
Already there are signs of social decay all around us, and most Americans are completely unprepared for what will happen if a major disaster or emergency does strike.
Sadly, the reality is that most Americans live on a month to month basis. Most families do not have any emergency savings to speak of, and one recent poll found that 55 percent of all Americans only have enough food in their homes to survive for three days or less.
To me, that is an absolutely insane number.
We just came through a summer of extreme drought and global food supplies have dropped to a 40 year low. Our world is becoming increasingly unstable, and the global financial system could fall apart at any time. Most of us just assume that there will always be huge amounts of very cheap food available to us, but unfortunately that simply is not a safe assumption. The following is from a recent article in the Guardian…
Evan Fraser, author of Empires of Food and a geography lecturer at Guelph University in Ontario, Canada, says: “For six of the last 11 years the world has consumed more food than it has grown. We do not have any buffer and are running down reserves. Our stocks are very low and if we have a dry winter and a poor rice harvest we could see a major food crisis across the board.”
“Even if things do not boil over this year, by next summer we’ll have used up this buffer and consumers in the poorer parts of the world will once again be exposed to the effects of anything that hurts production.”
When I watch my fellow Americans trample one another to get a deal on a television or a video game, it makes me wonder what they would be willing to do if they went to the store someday and all the food was gone.
Desperate people do desperate things, and someday if there was a major economic breakdown in the United States I think the level of desperation in this country would be extremely frightening.
So what do you think? Please feel free to post a comment with your thoughts below…
Hurricane Sandy is another reminder of just how incredibly fragile the thin veneer of civilization that we all take for granted on a daily basis really is. Many of the hardest hit areas along the Jersey shore and the coast of Long Island have descended into a state of anarchy. More than 7 million people live on Long Island, and millions more live along the Jersey shore and right now they are getting a taste of what life would be like during a total economic meltdown. At the moment, there are still approximately 4.7 million homes and businesses that do not have power. Officials say that some of those homes and businesses may not have their power restored until the weekend of November 10th and 11th. Meanwhile, it is getting very cold at night. This weekend the low temperatures on Long Island are supposed to dip into the upper thirties. There have been reports of people diving into dumpstersbehind supermarkets in a desperate search for food, and there have been other reports of roaming gangs of criminals posing as officials from FEMA or Con Edison and then robbing families at gunpoint once they have gained entrance into their homes. If people will behave like this during a temporary emergency that lasts only a few days, what would they do during a total economic collapse? That is a frightening thing to think about.
Most gas stations along the Jersey shore and on Long Island are either totally out of gasoline or they don’t have any power to operate the gas pumps. It is estimated that more than half of all gas stations in New York City are closed at the moment, and officials say that more than 80 percent of all gas stations in New Jersey are not able to sell gas right now. So needless to say, the lines at the gas stations that remain open are horrific.
It is being reported that some people are waiting in line for hours for gasoline in some areas and that state troopers have actually been deployed at every gas station along the New Jersey Turnpike and the Garden State Parkway.
The following is how one New Jersey mayor described the situation…
“Gas lines are stretching for a couple of miles,” said Anthony Ammiano, mayor of Freehold, N.J., who recalled the oil crisis of the 1970s. “It’s like the Jimmy Carter years. It’s a flashback of bad memories.”
There have even been reports of people literally fighting each other over gasoline…
“It’s so crazy. Cars are pulling up and people are fighting each other. There is no gas around here,” said Mena Aziz, who manages a Gulf Express station in Bay Ridge, Brooklyn. “It’s been so busy.”
According to Breitbart, there have been continuous reports of “fistfights and people bringing guns to gas stations” on Twitter. The following are a couple of examples…
— Camila Xavier (@camilaxavier) November 1, 2012
You know things are bad when you ask the gas station attendent “when do you think you’re going to get more gas?” and he just laughs at you.
— Prede (@predederva) November 1, 2012
Unfortunately, authorities are projecting that the gas shortage may last for another week at least.
How angry and frustrated will people get by that time?
There are vast stretches of the Jersey Shore and the coast of Long Island that will never be the same again. The following is an excerpt from a comment that a reader of mine from Long Island left on one of my recent articles…
I live in Massapequa NY …..No power to 95%. almost every home south of Merrick Road ( 1.5 miles from open water ) has been flooded. No electricity, no supermarkets in immediate area, no gas (approx 80% of gas stations closed on Long Island).
This was not just another storm. It was a life-altering event for millions of people.
Unfortunately, just as we have seen after every other major storm in recent years, looters are taking advantage of the chaos caused by Hurricane Sandy.
According to the New York Post, a number of arrests for looting have already been made on Long Island…
In the Rockaways, lowlifes were sneaking into clothing stores and cleaning out pizzerias. Two men and a woman were arrested for robbing a BP gas station on Beach Channel Drive, three men and one woman were cuffed for pillaging a Radio Shack on Beach 88th Street, and two people were arrested for raiding a clothing store near Beach 86th Street, cops said. Stores were emptied along a two-block stretch of Mermaid Avenue in Coney Island. Seven people were busted.
Over on Coney Island, looting appeared to be out of control during the immediate aftermath of the storm…
Thieves broke in to the badly damaged Mega Aid Pharmacy on Mermaid Avenue and reportedly stole more than 10,000 pharmaceutical items, including prescription drugs.
“The water went away and these people started walking down the streets and just robbed stores,” a pharmacy worker told HuffPo’s Andy Campbell.
Manager Stan Gutkin said the major heist essentially “breaks the business.”
Looters reportedly also targeted banks, other shops, and other pharmacies.
And residents are noticing.
“People are turning on each other — they’re attacking each other,” Ocean Towers resident Dena Wells told Campbell.
Amazingly, a number of not-so-smart looters have actually been displaying their looted goods on Twitter. Just check out the shocking photos in this article.
But most people living in the areas that were most affected by Hurricane Sandy are decent people that just want some assistance. One resident of Hoboken, New Jersey became so frustrated that he inflated an air mattress and used it to float down to city hall in an attempt to get some answers…
Nearly 20,000 people have been trapped at home in the New Jersey city of Hoboken, just across the Hudson River from New York City, amid accusations that officials were slow to deliver food and water.
One man blew up an air mattress and floated to City Hall, demanding to know why supplies had not reached residents – at least a quarter of homes there are flooded and 90% do not have power.
Just like we saw after Hurricane Katrina, the response by the federal government and by big aid agencies such as the Red Cross has been very slow. In fact, Staten Island Borough President James Molinaro has gone so far as to call the Red Cross an “absolute disgrace” and is urging people that live in his area to quit giving money to them…
“You know, I went to a shelter Monday night after the storm. People were coming in with no socks, with no shoes. They were in desperate need. Their housing was destroyed. They were crying. Where was the Red Cross? Isn’t that their function? They collect millions of dollars. Whenever there’s a drive in Staten Island, we give openly and honestly. Where are they? Where are they? I was at the South Shore yesterday, people were buried in their homes. There the dogs are trying to find bodies. The people there, the neighbors who had no electricity, were making soup. Making soup. It’s very emotional because the lack of a response. The lack of a response. They’re supposed to be here….They should be on the front lines fighting, and helping the people.”
If this is how angry and frustrated that people become over a temporary disaster, how angry and frustrated would they get if there was a total economic meltdown that was permanent?
Sadly, the truth is that what we are seeing during the aftermath of Hurricane Sandy is just a very small preview of what is coming on a national level.
Our economy is a complete and total mess right now, and things are going to get a whole lot worse.
When unemployment starts skyrocketing again and large segments of the population realize that there is no hope for a turnaround, many of them are going to totally give in to despair and become very desperate.
And as we are seeing along the Jersey Shore and on Long Island right now, desperate people do desperate things.
That is why I am constantly pounding on the need to prepare for what is ahead. There are signs of social decay all around us, and most Americans are not equipped to deal with the pressures that come with a major emergency. When things totally fall apart, you don’t want your family to be totally unprepared and surrounded by millions of angry and desperate people.
Hopefully Hurricane Sandy will serve as a wake up call for millions of American families. Time is definitely running out, and we all need to get prepared while we still can.
Are we on the verge of societal collapse? Many of the greatest empires throughout world history were not conquered by outside forces. Rather, they crumbled inwardly as extreme social decay set in. There have been many that have compared the last days of the Roman Empire to what America is going through right now. In the decades following World War II, the United States was the most powerful and the most prosperous nation on the entire planet, but now things are rapidly changing. There are literally thousands of signs that our society is collapsing all around us. All you have to do to see this is turn on a television or pick up a newspaper. I spend a lot of time discussing our nightmarish economic and political headaches in this column, but the truth is that our problems go much deeper than that. Even if a major miracle happened and we got the “right person” into the White House, the Federal Reserve was shut down, our 16 trillion dollar national debt was paid off, our trade deficit went to zero, a solution was found for the quadrillion dollar derivatives bubble and the “too big to fail” banks were broken up, we would still be facing a national crisis of unprecedented magnitude. The cold, hard reality of the matter is that America has become an absolute cesspool of filth and corruption, and the thin veneer of civilization that we all take for granted is rapidly disappearing. Until we get our hearts right, there is not much hope for the future of this once great nation.
So are these the last days of America? The following are 25 signs of extreme social decay….
#1 We have come to accept that it is “normal” that security goons should be allowed to touch the private parts of our women and our children in the name of “national security”. Just check out the ordeal that conservative radio host and Breitbart editor Dana Loesch suffered through recently at the hands of the TSA…
They performed the regular pat-down and then the agent informed me that she would be using the front of her hands to “sweep” my groin. She pressed and swept across my crotch three times horizontally and three times vertically. In any other circumstance this would be sexual assault.
The agents themselves were friendly and smiled, yet I was still denied a public screening and no witness of my own present for the screening itself (a second agent was in the room at the time). I had no reason to be angry with the agents themselves, yet I was angry, and still am, at the regulations which require them to routinely violate men, women, and children in the name of a false sense of security.
#2 Police up in New Jersey say that a man kept his girlfriend padlocked in a bedroom for most of the last 10 years.
#3 It is hard to imagine some of the sick things that people do behind closed doors. Down in Florida, one former medical examiner was apparently collecting human body parts…
In what could be described as an episode of “Auction Hunters” turned reality horror show, authorities in Pensacola are investigating after finding human brains, hearts and lungs in a storage unit they say belonged to a former medical examiner.
Someone bought the storage unit at an auction last week and noticed a foul smell as they were sifting through furniture and boxes.
Officials at the medical examiner’s office in Pensacola say the remains of more than 100 people were found crudely stored in Tupperware containers, garbage bags and drink cups.
#4 A former fifth grade teacher down in Atlanta has admitted that she helped her students cheat because they were “dumb as hell“.
#5 Many debt collectors are willing to say absolutely despicable things in order to collect debts. One debt collector recently told a disabled military veteran that if he would have “served our country better” he would not be disabled and that he “should have died“…
“If you would have served our country better you would not be a disabled veteran living off Social Security while the rest of us honest Americans work our asses off,” one of the agency’s debt collectors allegedly told the vet. “Too bad, you should have died.”
Michael Collier was declared 100 per cent disabled after suffering permanent spine and head injuries while in the Army. As a result, both Collier and his wife receive disability payments from the federal Social Security Administration, which are exempt from seizure by debt collectors.
#6 In many areas of the country, street drugs have become so powerful that they are pushing users completely over the edge. Of course there is never any excuse for murdering children, but would any rational person do this kind of thing without being high on drugs?…
A Camden, N.J. man was charged with murder for allegedly slashing the throat of a 6-year-old Camden boy. Police say he told investigators he was smoking a combination of marijuana and PCP, known as “Wet” just before the killing.
Osvaldo “Popeye” Rivera, 31, was arrested Sunday afternoon and charged with murder and attempted murder.
Police say Rivera was trying to sexually assault the boy’s 12-year-sister and the little boy tried to come to her defense. Investigators say Rivera slashed the throats of both children.
#7 A school bus driver in Wisconsin recently told a 12-year-old boy that “maybe your mother should have chosen abortion for you” because he didn’t like the Romney campaign sign standing in his front yard.
#8 We are continuing to see a rash of “zombie attacks” all over the nation. The following is one recent example from Pennsylvania….
A Doylestown man, who was naked and bleeding profusely, gnawed on woman’s head all while “screaming like an animal” during a wild neighborhood rampage, state police said.
#9 A beekeeper over in North Carolina says that someone recently stole 20,000 beesfrom his property.
#10 Evidence of social decay extends to the highest levels of the federal government. Just check out what some highly paid federal workers have been doing when they were supposed to be working…
In 2006, the deputy press secretary for the Department of Homeland Security was arrested for trying to seduce online someone he thought was a teenage girl. Four years later, the Securities and Exchange Commission found that 17 of 31 employees caught accessing porn at work since 2008 — one for up to eight hours a day — were senior staff.
In 2010, the Boston Globe reported that senior Pentagon staff were downloading child porn. Instead of generating a media storm, the story died. Senior staff were watching the sexual torture of small children on Pentagon computers, and Americans were not outraged?
#11 In a shocking murder trial in southern California, prosecutors have played a tape of a former chef admitting to police that he slow cooked the body of his wife for four days.
#12 The United States has the highest incarceration rate in the entire world, and many of our prisons are absolute hellholes. The following is what a former inmate named Daniel Miller recently told Business Insider about what really goes on inside our prisons…
“When they found out the black homosexual had approached me talking that homosexual stuff, I was told ‘Look you have to stab him or pipe him down,’” Miller recently told Business Insider about his first experiences during two decades spent in and out of prison, most recently for robbery.
“The guys were there just to make sure I actually split this guy’s head open.”
Those “guys” were the Aryan Brotherhood, one of the most famous and feared jailhouse gangs.
Miller, now 38, joined up when he first entered the correctional system in Kansas as a teen. He bounced around a number of different facilities before being released on Sept. 19 this year.
“At 16 years old, I wanted to be accepted in prison,” he said. “I would fight everybody.”
He grew so cold and so good at fighting he became the one ordering attacks on fellow inmates — something that still haunts him.
#13 A 7-year-old boy was part of a gang of youths that recently invaded the home of a 51-year-old woman and beat the living daylights out of her.
#14 What in the world has gotten into our kids? Many of them have literally turned into little monsters. Just check out what two little boys recently did to a church in Virginia…
Two little boys caused thousands of dollars worth of damage to a Loudon County church, according to officials.
The vandals used the children’s toys and art supplies to damage the sanctuary, fellowship hall, and Sunday school rooms. They also smeared food for needy families and their own feces and urine on walls and floors.
According to Loudon County Sheriff Tim Guider, all that damage was done by two boys, aged 6 and 7.
#15 A former high school English teacher has been accused of having sex with five different male students. The most disturbing part is that she is a mother of three children and her husband is serving this country in the U.S. Army.
#16 You might want to think twice before becoming a pizza delivery worker. Just check out what happened over in Dallas recently…
Two Dallas teens called in a pizza order to lure a delivery worker to a Grand Prairie house, then beat the woman in the head with a pistol and sexually assaulted her on the porch, according to Grand Prairie police reports released Wednesday.
Bleeding and wearing just a bra, the 30-year-old woman drove herself back to a Grand Prairie Pizza Hut, the reports stated.
The 17-year-olds accused in the July 24 robbery and sexual assault were in custody Wednesday at the Lew Sterrett Justice Center in Dallas in what Grand Prairie police are calling one of the city’s “most heinous offenses” in recent memory.
#17 According to shocking new research by the Centers for Disease Control and Prevention, approximately two-thirds of all Americans in the 15 to 24 year old age bracket have engaged in oral sex.
#18 Last year it was reported that 86 teen girls at one high school in Memphis, Tennessee were either pregnant or had recently given birth.
#19 Sex trafficking has become a raging epidemic in America. It is estimated that there are now approximately a million prostitutes in the United States. Most of them are being trafficked by male “pimps”.
#20 As our social decay gets even deeper, it is going to become more important than ever to secure our homes. Just check out what happened over in Kansas City, Missouri recently…
An elderly couple is recovering Tuesday after they were brutally beaten inside their south Kansas City home.
The woman was also raped, according to a police report.
Tony L. Putman, 18, of Kansas City was charged with six felonies Tuesday afternoon. The charges include one count of rape and two counts of robbery.
The couple’s ordeal began about 1:30 p.m. Monday when a man broke into their home near 73rd Street and Campbell Avenue. Entry was gained through a basement window, which was broken.
#21 It is becoming easy to understand why so many Americans are arming themselves these days. Even Brad Pitt says that he “doesn’t feel safe” without a gun.
#22 Racial hatred is rising to distressing new heights in this country. Here is one recent example…
A Michigan State University student is recovering after he was beaten up and had his mouth stapled shut during what investigators are categorizing as a brutal hate crime.
Zachary Tennen, a 19-year-old sophomore in MSU’s journalism program, said he was at a house party on the 500 block of Spartan Avenue early Sunday morning when two men approached him and asked if he was Jewish. When he responded “Yes,” the two men raised their arms into a Nazi salute and said “Heil Hitler” before knocking him unconscious, according to Tennen’s mother, Tina.
About 20 people reportedly watched as the men proceeded to staple Zachary Tennen’s mouth shut at the lips and gums. His jaw was broken in two places during the attack.
#23 Overall, more than 50 million abortions have been performed in the United States since Roe vs. Wade was decided back in 1973. At this point, the number of babies killed by abortion in America every year is almost as high as the total number of military deaths in all of U.S. history.
#24 Respect for parents has declined to shockingly low levels in America. Just check out what one son down in Florida recently did to his own mother…
A Florida man yesterday rubbed dog feces in his mother’s face during an argument in the home they share, police report.
Cops arrested William Jenkins, 22, on a felony domestic battery charge for pushing his mother, 53, to the floor during the dispute, according to a Palmetto Police Department report.
When questioned by cops, Jenkins denied pushing his mother, but admitted that he “did rub dog defecation on her face because she yelled at him,” investigators noted.
#25 A 21-year-old Utah man is being accused of stabbing his grandmother 111 times and then removing some of her organs. But news like this hardly makes headlines anymore because crimes such as this one have become so common.
Sadly, a list like this one could go on indefinitely. More examples of extreme social decay pop up in the news almost hourly.
But we don’t like to admit that we have problems. Our politicians continue to proclaim how we are “the greatest nation on earth” and that the rest of the world should follow our example.
Rarely do you ever hear politicians talk about how we are the most obese nation on the planet, about how we have the highest divorce rate on the planet or about how we have the highest teen pregnancy rate on the planet.
Until we are willing to admit just how bad things have gotten, we will never be willing to accept the solutions that are necessary to start fixing things.
Many Americans are pinning their hopes on the upcoming election, but instead of making things better I am concerned that this election may trigger a lot of the anger that is boiling just under the surface in this country.
If we continue down the path that we are currently on, the social decay that we are now experiencing is going to accelerate.
The fundamental level of trust that any society needs in order to operate efficiently is breaking down, and more Americans than ever are living in fear. You can see it in their eyes.
Our politicians can pile on millions more laws, rules and regulations and they can put a police officer on every corner, but that isn’t going to make Americans trust one another. Once confidence in our societal institutions and our faith in one another is gone, it is going to be incredibly difficult to ever rebuild it.
Yes, we really are on the verge of societal collapse. What we are experiencing right now is just the leading edge of the coming crisis.
Things are going to get a whole lot worse from here.
If you went out and took a poll of the American people on July 4th (Independence Day) and asked them if they are free, what would the results look like? Of course the results would be overwhelmingly lopsided. Most Americans believe that they live in “the land of the free” and that they are not enslaved to anyone. But is that really the case? Slavery does not always have to involve whips and shackles. There are many other forms of slavery. One dictionary definition of a slave is “one that is completely subservient to a dominating influence”. I really like that definition. Today, millions of Americans are slaves of the system and they don’t even realize it. Debt is a form of slavery, and millions of Americans having become deeply enslaved to our debt-based financial system. When someone enslaves someone else, the goal of the master is to reap a benefit out of the slave. You don’t want the slave to just sit there and collect dust. Today, most Americans have willingly shackled themselves to a system that systematically drains their wealth and transfers it to the very wealthy. Most of them don’t even realize that they have been enslaved even as the system sucks them dry.
Just think about it. Where is the “big money” in the United States today?
When asked that question, most Americans think of Wall Street.
Well, who controls Wall Street?
The bankers do.
The borrower is the servant of the lender, and they generate massive amounts of wealth by lending us money.
Perhaps an example will be helpful.
Have you ever run up $5000 of credit card debt? Many people have run up much, much more than that, but let us use $5000 for our example.
According to the Federal Reserve, if you only make the minimum payment every month, at a 20% interest rate it will take you 49 years to pay that credit card off and you will pay back a total of $26,169.
So you would have gotten the original benefit of spending the $5000 and you would have had to work extremely hard to pay back an additional $21,169 to the bankers.
In essence, you would be working as a servant of the bankers until you had paid back that entire debt plus interest.
Unfortunately, our entire system is now designed to get you to go into debt.
It starts before we even get into the “real world”. We are constantly told that we cannot get a “good job” without a college degree, but a college education is so ridiculously expensive these days that most of us cannot afford one without going into lots of debt.
Many of you out there know exactly what I am talking about.
Do you have a pile of student loan debt?
In fact, the total pile of student loan debt in the United States is now over a trillion dollars.
Unfortunately, when a lot of us graduated we found out that the “good jobs” that we were promised simply were not there. Last year, 53 percent of all Americans with a bachelor’s degree under the age of 25 were either unemployed or underemployed.
So many young adults are starting out life already enslaved to a gigantic pile of debt but without a good job that will enable them to comfortably service that debt.
The really “lucky” graduates from the top schools flock to Wall Street so that they can make lots of money running the debt-based financial system that is enslaving all the rest of us.
Once young people leave school, there are lots of other “debt traps” to fall into.
Once you get out into the “real world”, just about every major purchase is going to involve another pile of debt.
Do you want a house?
Do you want a car?
About 70 percent of all vehicle purchases in the U.S. now involve at least some borrowed money.
Consumer debt is particularly insidious. Our stores are filled with very beautiful things, and it is really easy to buy a bunch of stuff and “put it on plastic”.
We just keep plunging ourselves deeper and deeper into debt slavery. Most Americans never seem to learn. Over the past 30 years those of us in the “bottom 95 percent” have seen our financial shackles just get heavier and heavier. The following is from a recent CNN article….
In 1983, the bottom 95% had 62 cents of debt for every dollar they earned, according to research by two International Monetary Fund economists. But by 2007, the ratio had soared to $1.48 of debt for every $1 in earnings.
When you pile up lots of debt, you aren’t just working for yourself anymore. You are also working for those that you owe the debts to. Your hard work and sweat end up making them a lot wealthier.
Our state and local governments have enslaved themselves to debt as well. Total state and local government debt is now about 8 times higher than it was 30 years ago.
At this point, many U.S. cities are in very serious trouble with debt. In fact, another California municipality has just declared bankruptcy. On Monday, the town of Mammoth Lakes announced that it has formally filed for bankruptcy.
But this is just the beginning.
The truth is that we are a nation that is absolutely drowning in debt and we need a lot more money in order to keep up with all of this debt.
But there is a problem.
In our debt-based financial system, the creation of more money actually creates more debt.
So how are we ever going to get out of the hole that we are in?
Today, the U.S. national debt is more than 5000 times larger than it was when the Federal Reserve was first created back in 1913. This is why it is so important for the American people to realize that the Federal Reserve is a perpetual debt machine.
The Federal Reserve system itself does not make much money. The vast majority of the profits that the Federal Reserve makes are transferred back to the U.S. government.
But that is not what the Federal Reserve was created to do.
What the Federal Reserve was created to do was to set up a system where the U.S. government would borrow money and pay interest on it instead of just creating the money itself.
Last year the U.S. government spent more than 454 billion dollars just on interest on the national debt. That is a form of national slavery. 454 billion dollars that we worked very hard to make was taken from us and transferred into the pockets of some very wealthy people.
The truth is that the U.S. government does not actually need to ever borrow a single penny from anyone. As a sovereign government it could directly issue money into circulation.
But lending money to governments is very, very profitable and it is the kind of thing that wars are fought over.
For example, the First Bank of the United States (the very first central bank in our country) was established in 1791 and the charter for that bank expired in 1811 and was not renewed.
So what happened the very next year?
The War of 1812. During that war Washington D.C. was actually captured and burned. The final major battle of that war was the battle of New Orleans which took place on January 8, 1815.
So what happened the very next year?
President James Madison signed the charter for the Second Bank of the United States on April 10, 1816.
The goal has always been to enslave the American people. Debt is used to enslave us individually, it is used to enslave our businesses, it is used to enslave our state and local governments and it is used to enslave our federal government.
So are you a slave of the system?
If you are in debt, then you are a slave at least to some degree.
Unfortunately, the global financial system has become so saturated with debt that it is now on the verge of collapse. It appears that things could be getting significantly worse during the second half of this year, and the years ahead do not look very promising at all.
Sadly, most Americans do not see any of this coming. In fact, a new CNN/ORC International poll has found that about 60 percent of all Americans think that the U.S. economy will be in good shape next year.
Can you believe that?
The mainstream media has done a fantastic job of brainwashing the general public.
The “blue team” is convinced that if Barack Obama wins the election and the Democrats take control of both houses of Congress that prosperous times are on the way.
The “red team” is convinced that if Mitt Romney wins the election and the Republicans take control of both houses of Congress that the U.S. economy will be put back on the right track.
Well, the truth is that there is not going to be a solution to our economic problems on the national level. We have accumulated the greatest mountain of debt in the history of the world, and it is going to collapse and crush us no matter which brand of corrupt politicians we sent to Washington.
On July 4th, millions upon millions of Americans will celebrate “Independence Day” with cookouts, parades and fireworks without ever realizing the true nature of what is really going on.
Hopefully we can get more of them educated while there is still time.
Just when you think that things can’t get more stupid in my old town of Chitcago, the political folks open their mouths and remove all doubt.
When asked about the “gap” between law enforcement and the black community, McCarthy reached back 400 years for an answer.
“It’s a big issue. It’s a long time coming. We’ve done a lot of things wrong in policing in this country. I’m willing to admit that,” said McCarthy. “But this goes back 200-300 years to the time when Pilgrims came here and things developed from that, the African American experience in this country.”
But the Pilgrims weren’t the only people being blamed for the violence. The superintendent also laid blame at the feet of America’s finest and inferred – without actually stating it – that white police officers are the problem.
But playing the race card is equally stupid.
But for decades, vast sums of money have been poured into poor communities on Chicago’s South and West sides.
Where has the money gone?
It’s been stolen. See, economic empowerment, starting with the removal of incentives to be a thug (and yes, getting rid of the drug war would be a big help) isn’t really on any of these people’s agenda. It’s far more profitable to blame “whitey” and repress the people, then claim that you can “fix it” if just a bit more freedom (and a lot more money!) is sacrificed on your unholy altar.
Instead, how about this idea: The City of Chicago recognizes the 2nd Amendment. In full. Be a thug, you might get shot. By a law-abiding citizen who answers your thuggery with a couple of 1,000 fps hunks of lead hurled at your center-of-mass.
Senseless violence? Oh there’s plenty of that. And plenty of stupid too. Like Heaven Sutton. Where do I start with that? A kid selling “candy” at 11:00 PM in the middle of an area known for gang activity? Really, candy? What sort of candy was she selling, may I ask, and to whom?
Who knows if the alleged gang-banger is really the person who shot the kid; it appears from what I can determine that this was a “two gangs in one place, someone starts blasting” incident. Am I surprised? Oh hell no, not when only criminals have guns — everyone else who is law-abiding has been disarmed by Constitution-ignoring — that is, a lawless – government!
Of course the gang-bangers don’t care if it’s “illegal” to carry (and use!) a gun — that’s why we call them criminals. The first rule of being a criminal is that you don’t give a damn about the law. The second one appears to be that you pick up a “hot” pistol and that you’re prepared to use it.
When you really need someone to put a stop to the asshole waving a pistol around and shooting people with it right damn now the police will be there in 5 minutes — or 10, or 20. Just dial 911 and the hearses will be be right over to carry off the dead.
It wouldn’t take very long for this crap to stop were Chitcago to stop being stupid and make legal Constitutional Carry. See, gang-bangers may be many things, but none of them are really all that interested in being DRT (Dead Right THERE), which is exactly what they would be were that change to be implemented.
The fact is that the law-abiding citizens radically outnumber the gang-bangers and while more dead bodies is not a good answer to any particular problem if there are going to be dead bodies due to the acts and decisions taken by gang-bangers I prefer ex-gang-bangers instead of ex-7 year old girls.
In the meantime, until and unless Rahm pulls his head out of his ass (which, incidentally, is unlikely to happen — ever) nor is it likely that the residents of Chitcago will demand that the Jackass-in-Chief abdicate and be replaced by someone who actually read the Bill of Rights my recommendation is that everyone avoid Chitcago. Don’t do business there and definitely don’t visit and spend money.
You’re an unarmed target and that’s exactly how the thugs – and City Government – like it.
Discussion (registration required to post)
How should people prepare for the difficult years that are coming? I get asked about that a lot. Once people really examine the facts, it is not too hard to convince them that an economic collapse is coming. But once they accept that reality, most of them want to know what they can do to prepare themselves and their families for the hard times that are ahead. Well, the truth is that it does not have to be complicated. Many of the things discussed throughout this article are things that most of us should be doing anyway. Now is not the time to be splurging on luxuries or expensive vacations. Now is not the time to be going into large amounts of debt. Instead, we all need to get back to the basics and we all need to do what we can to become more independent of the system. Just remember what happened back in 2008. Millions of Americans lost their jobs and millions of Americans lost their homes. Now experts all over the globe are warning that another great financial crisis that could be just as bad as 2008 (or even worse) is coming. Those that don’t take the time to prepare this time are not going to have any excuse.
But there is also a lot of sensationalism out there. There are some people out there that claim that the economy is going to collapse all at once and that we are going to go from where we are now to some type of a post-apocalyptic “Mad Max” society almost overnight.
Well, that is just not going to happen. We are not going to wake up next week in a world where we are all fighting each other with sharp pointed sticks.
Just like anything else, an economic collapse takes time. I like to describe what is happening using an analogy from the beach. When you build a mighty sand castle, it is not totally destroyed by the first wave that comes along, right?
Well, it is the same thing with the U.S. economy. It was the greatest economic machine that the world has ever seen, and it is most definitely in decline. But there are stages to that decline.
The “wave” that came along in 2008 did a huge amount of damage. Our economy has not recovered from that.
Now another wave is coming. But that will not be the end. There will be other waves after that.
Eventually, this thing is coming all the way down. Someday America will be such a horror show that it will be hard to believe that it is the same place that many of us grew up in.
But in the short-term, we are going to be facing a major league recession and millions of Americans will lose their jobs. It won’t be the end of the world, but for some people it may feel like it.
So when you are talking about “how to prepare”, the truth is that it depends on what kind of time frame you are talking about.
In the long-term, a lot of the things that even the hardcore survivalists are doing will not be nearly enough.
In the short-term, there are things that all of us can do to weather the coming storm….
Get Out Of Debt
The global financial system is headed for a massive crisis. Just like in 2008, a lot of people are going to lose their jobs and a lot of people are going to lose their homes.
In such an environment, it makes sense to travel as “lightly” as possible.
That means getting rid of debt.
Some forms of debt are worse than others. Mortgage debt is not that bad. We all need somewhere to live, and not all of us can run out and immediately pay off our mortgages.
But there are other forms of debt that are absolutely toxic. A good example of this is credit card debt. There are very few things that are as good at bleeding your finances as credit card debt is. For example, according to the credit card repayment calculator, if you have a $6000 balance on a credit card with a 20 percent interest rate and only pay the minimum payment each time, it will take you 54 years to pay off that credit card.
During those 54 years you will pay $26,168 in interest rate charges on that credit card balance in addition to the $6000 in principal that you are required to pay back. That is before any fees or penalties are even calculated.
But a lot of Americans still have not learned to stay away from credit card debt. In fact, one out of every seven Americans has at least 10 credit cards.
The truth is that in future years there is a good chance that you may be facing a situation where you are not making as much income, so you want to try to start reducing your expenses right now. Getting out of debt will help you to do this.
A shockingly high number of American families are operating without any kind of financial cushion whatsoever….
-According to a Harris Interactive survey taken in 2010, 77 percent of all Americans are living paycheck to paycheck.
-According to one recent survey, one out of every three Americans would not be able to make a mortgage or rent payment next month if they suddenly lost their current job.
This is one reason why so many Americans have lost their homes and why so many Americans have fallen below the poverty level in recent years. They simply had no cushion.
Don’t let this happen to you. At a minimum, everyone out there should have a cushion that will cover at least 6 months worth of expenses. Preferably, you should have a cushion that will last you at least a year.
Yes, I know that is a tall order. But you would be amazed at how much money the average American family wastes in a typical month. Almost all of us have areas where we can cut back.
Trust me, in the middle of a major recession you will be really glad that you are sitting on a pile of savings.
Get Independent Of The System
What would you do if you lost your job tomorrow?
Would you have any other income?
How long would it be before you lost your home?
Those are very important questions.
The truth is that the system is failing and so we all need to work hard to become more independent of the system.
So what does that mean?
Well, instead of relying on someone else to employ you indefinitely, you can start up a business in your spare time. Yes, it will cut into your television time, but if someday you lose your job you will be extremely happy that you still have some income coming in.
Another way of becoming more independent is to start a garden.
Yes, you can run down the street and buy giant piles of cheap food right now, but that will not be the case forever.
Store Food And Focus On The Essentials
I might get into a little trouble for saying this, but the truth is that there is not going to be a major famine in America in 2012.
However, that does not mean that you should not be storing food and other essentials.
In the old days, our grandparents always saved up food. It was just a natural thing for them to do. This was especially the case if they lived through the Great Depression.
When hard times come, you will be glad that you have food stored up. Plus, food is never going to be cheaper than it is today. Having food stored up is a great hedge against the rising food prices that we will see in the future.
No, we are not going to see hyperinflation by the end of the year like many of the sensationalists are warning. But someday you will be really glad that you stored up food for yourself and your family.
We live in a world that is becoming more unstable with each passing month. You never know when the next natural disaster, pandemic, war or national emergency will strike.
It only makes sense to store food and other basic essentials that you will need in the future.
In a previous article entitled “20 Things You Will Need To Survive When The Economy Collapses And The Next Great Depression Begins”, I listed 20 of the things that you would need in the event of a major disaster, a national emergency or a total economic collapse. These are things that you are going to want to make sure that you have ready right now, because after the crisis begins it may be too late to prepare….
#1) Storable Food
#2) Clean Water
#4) Warm Clothing
#5) An Axe
#6) Lighters Or Matches
#7) Hiking Boots Or Comfortable Shoes
#8) A Flashlight And/Or Lantern
#9) A Radio
#10) Communication Equipment
#11) A Swiss Army Knife
#12) Personal Hygiene Items
#13) A First Aid Kit And Other Medical Supplies
#14) Extra Gasoline (But Be Very Careful How You Store It)
#15) A Sewing Kit
#16) Self-Defense Equipment
#17) A Compass
#18) A Hiking Backpack
#19) A Community
#20) A Backup Plan
In the comments to that article, the readers suggested the following additional items….
A K-Bar Fighting Knife
A Camp Stove
An LED Headlamp
Maps Of Your Area
Rifle For Hunting
Gold And Silver Coins For Bartering
Once again, a lot of these things are not going to be needed right away. The economy is going to go through a lot more ups and downs before it totally dies.
In the short-term, keep an eye on the European debt crisis, the Japanese debt crisis and the U.S. debt crisis. There are a lot of similarities between what happened back in 2008 and what is happening now.
And what happened following the crisis of 2008?
Unemployment shot through the roof.
So be prepared for that.
Make a plan for how you and your family will survive if you end up unemployed.
Also, when it comes to “how to prepare”, there is one aspect that is often overlooked.
During the difficult years ahead, we are all going to have to be mentally and spiritually tough.
It won’t matter how good your physical and financial preparations are if you are cowardly and paralyzed by fear.
The times that are coming are going to test all of our hearts.
Some people are going to make it and some people aren’t.
Some people will become so consumed with fear that they will give up completely.
Don’t let that happen to you.
Prepare your heart, soul, mind and body right now for what is coming. For those that are cowardly the years ahead will be a total nightmare, but for those that overcome the fear the years ahead have the potential to be a great adventure.