The infamous city of Scanton, PA has had financial troubles for a couple of decades – losing population since the end of WWII – but as NPR reported this weekend, the $16.8 million budget gap that Mayor Chris Doherty is trying to fill (and the disagreements between his taxation proposal and the city council’s borrow-more-money view) has driven the mayor to an incredible action. Doherty has reduced everyone’s pay – [...]
The day after the Pentagon revealed the unaccountability of trillions of $$s in the DOD budget we had 9-11. Was the Pentagon budget used to fund the operations of NATO/CIA operation GLADIO? GLADIO, the stay behind secret governments through out the world used to counter and distabilize the communist threats since the end of WWII.
It has recently been revealed through the investigations of several soverign nations that GLADIO operatives used [...]
Rising layoffs, falling home sales and slowing manufacturing activity are sparking fears that the economic recovery is headed for a springtime stall for the third year in a row.
New data Thursday provided fresh evidence that the job market is losing the momentum it built earlier this year, which could pressure fragile housing markets that have been showing signs of life. Separate reports this week suggested that the factory sector, [...]
Richard Russell, writer of the Dow Theory Letters, is just looking for the right time to buy stocks.
But that time isn’t now. And until that time comes, Russell will be keeping his wealth in gold.
He writes in King World News:
What I want to illustrate is that great fortunes are made at super-bear market lows. But you must have the money at the lows. Which is why gold is so singular and valuable. [...]
by Bob Chapman, theinternationalforecaster.com
Financial Troubles For Many Nations In The New Year
2012 is going to be quite a year with falling economies in the UK, Europe, the US, China, Japan and the remainder of Asia. Latin America, and Mexico by comparison should fare fairly well overall. England is in a death spiral. Europe is next, the US is not far behind and China and Japan will soon join the disjoined group. We [...]
“The laws that express the relation between matter and energy [thermodynamic laws], govern the rise and fall of political systems, the freedom or bondage of societies, the movements of commerce and industries, the origin of wealth and poverty, and the general physical welfare of a people.” – Frederick Soddy 1911
Every System Has a Driver
And it isn’t ideology.
The system in question is the global economic system that has been increasingly based on consumption [...]
I’ve read a great deal on this, and it just does not fly in the sense proponents wish to believe and argue.
There are very powerful elites. Sometimes they work together. Sometimes they are at each other’s throats. Some elements do want to take things in the direction of some form of global government. Other elements are dead set against it – elements whose power is rooted in a national power [...]