Ron Paul and Jim Rogers spoke at the Sovereign Man: Offshore Tactics Workshop in Santiago, Chile, on March 30 – April 1, 2013.
These are clear warnings signs that a rational person simply cannot ignore.
Bottom line, Nations are going bust. And the worse things get, the more desperate their tactics become. This isn’t the first time that the world has been in this position. This time is not different. History shows that [...]
Europe’s monetary union was meant to be about solidarity among the many and prosperity for all.
by Jeremy Warner, The Telegraph:
In practice, it’s turning out to be a doomsday machine for the fringe economies that once so enthusiastically lined up to join.
If even Wolfgang Schaeuble, the German finance minister, is prepared to admit that Monday’s bail-out is a bitter pill for Cypriots to swallow, then it must indeed have been merciless. Nicholas [...]
by WashingtonsBlog
Failure to Prosecute Fraud Causes Economic Downturns
U.S. Attorney General Eric Holder said today:
I am concerned that the size of some of these institutions [banks] becomes so large that it does become difficult for us to prosecute them when we are hit with indications that if you do prosecute, if you do bring a criminal charge, it will have a negative impact on the national economy, perhaps even the world economy
As we’ve repeatedly noted, this [...]
This is something you have never heard nor ever read in History books …
When I first read the story of Kitty Werthmann below I was both shocked and bewildered. To think that there are those among us who have lived through this horror, and are now see history repeating itself and yet; the masses are still refusing to see, unable to hear…. and are not not waking up. [...]
Senator Marco Rubio appeared to wipe away sweat during his rebuttal from the Speaker’s conference room in the U.S. Capitol following the President’s State of the Union speech.
At one point, he reached out with his left hand and took a small swig from a Poland Spring water bottle. As the incident generated heavy attention on Twitter, Rubio later tweeted a photo of the water bottle.
He delivered the Republican response and [...]
The Really, Really Big Picture
There isn’t going to be enough net energy for the economic growth we want
by Chris Martenson, Peak Prosperity:
[Many longtime followers of the Crash Course have asked Chris to update his forecasts for Peak Oil in light of the production increases in shale oil and gas over recent years.] …
There has been a very strong and concerted public-relations effort to spin the recent shale energy plays of the U.S. as complete [...]
As unemployment brings despair to what once was a land of prosperity, many of those who are hunting for a better life are now making some unexpected choices. Lucy Kafanov reports from Venezuela on why the country’s becoming a more attractive place to move to.
http://www.youtube.com/watch?v=PxmuwufSxLE&feature=player_embedded
‘We can’t simply cut our way to prosperity. Cutting spending has to go hand-in-hand with further reforms to our tax code so that the wealthiest corporations and individuals can’t take advantage of loopholes and deductions that aren’t available to most Americans. And we can’t keep cutting things like basic research and new technology and still expect to succeed in a 21st century economy. So we’re going to have to continue [...]
By Michael
Are you ready for a wild 2013? It should be a very interesting year. When the calendar flips over each January, lots of people make lots of lists. They make lists of “resolutions”, but most people never follow through on them. They make lists of “predictions”, but most of those predictions always seem to end up failing. Well, I have decided to put out my own list of predictions [...]
It’s not just a temporary political event
by Charles Hugh Smith, Peak Prosperity:
To understand this endgame, we need to start with the financial and political basics of wealth and power in the U.S.
1. Wealth and thus political power are highly concentrated. The dynamics of rising wealth disparity and the increasing concentration of wealth are debatable; the disparity is not. Roughly 70% of all financial wealth is held by the top 5%; within this [...]
By Michael
Will this be the last normal holiday season that Americans ever experience? To many Americans, such a notion would be absolutely inconceivable. After all, in the affluent areas of the country restaurants and malls are absolutely packed. Beautiful holiday decorations are seemingly everywhere this time of the year and children all over the United States are breathlessly awaiting the arrival of Santa Claus. Even though poverty is exploding to unprecedented levels, [...]
By Michael
Will this be the last normal holiday season that Americans ever experience? To many Americans, such a notion would be absolutely inconceivable. After all, in the affluent areas of the country restaurants and malls are absolutely packed. Beautiful holiday decorations are seemingly everywhere this time of the year and children all over the United States are breathlessly awaiting the arrival of Santa Claus. Even though poverty is exploding to unprecedented levels, [...]
By Michael
What a year 2012 has been! The mainstream media continues to tell us what a “great job” the Obama administration and the Federal Reserve are doing of managing the economy, but meanwhile things just continue to get even worse for the poor and the middle class. It is imperative that we educate the American people about the true condition of our economy and about why all of this is [...]
 By Michael
Barack Obama and John Boehner both seem absolutely determined to drive U.S. government finances off a cliff. The mainstream media would have you believe that there are vast ideological differences between the two of them and that they are bitter enemies, but that is simply not the case. Both of them say that tax increases are “necessary”, but they disagree over the details. Both are seeking about a trillion [...]
Never in the history of the world has there been less hunger, less disease and more prosperity
It may not feel like it, but 2012 has been the greatest year in the history of the world. That sounds like an extravagant claim, but it is borne out by evidence. Never has there been less hunger, less disease or more prosperity. The West remains in the economic doldrums, but most developing countries [...]
From Peak Prosperity:
OK, the Fed’s recent decision to boost its monetary stimulus (a.k.a. “money printing,” “quantitative easing,” or simply “QE”) by another $45 billion a month to a combined $85 billion per month demonstrates an almost complete departure from what a normal person might consider sensible.
To borrow a phrase from Joel Salatin: Folks, this ain’t normal. To this I will add… and it will end badly.
If you had stopped me [...]
By Michael
Did you see the huge crowds of protesters that flooded the Michigan Capitol on Tuesday? They were there to protest two bills there were being considered by the state legislature that would limit the power of unions in the state. Michigan lawmakers approved the bills and this absolutely infuriated the protesters. There is a lot of passion on both sides of this debate, but I am afraid that both [...]
zerohedge.com
December 1, 2012
Many have wondered if Ron Paul would have run as an independent. Here is his answer: “[I didn't consider running as an independent because] it is absolutely not practical. This would have been a good year to have an alternative and you can’t get much of a showing either on the libertarian side or the green side”…. the Republican and Democratics “parties are going to linger because they [...]
by Michael
The United States is clearly in an advanced state of decline. Many people around the world (and even inside America) rejoice at this, but not me. I mourn for the country that I was born in and that I still love. Yes, the United States has never been perfect, but the Republic that our Founding Fathers started truly has been a light to the rest of the world in a [...]
from Sovereign Man:
We don’t have control over the circumstances of our births. And let’s face it, some people hit the lottery right out of the gate, born into loving families, big inheritances, or well-developed countries full of opportunity.
When I was a kid, the United States was one of those places. Children were lucky to have been born in America back then. Our realities were defined by freedom, prosperity, and stability… and [...]
from mybudget360:
The Federal Reserve is really deep into uncharted territory. In no other time in history has the Fed been so intricately involved in the overall economy. The Fed balance sheet has expanded to an incredible level under very little scrutiny by the public or elected officials, many who have a vested interest in keeping the status quo. The banking system has been bailed out but the working and middle class still struggle. There [...]
From Steve Forbes on Forbes.com:
There is a way for congressional Republicans to reach an accord with Democrats that would enable the nation to avoid falling off “the fiscal cliff” into a searing recession.
Obama Democrats argue that the President only wants to restore the top rates that reigned during the Clinton presidency, which was a prosperous time. We should say: Absolutely, let’s do it.
But in order to achieve a Clinton economy, [...]
The good are being dragged down by the bad
by Alasdair Macleod, Peak Prosperity:
With the Eurozone having being displaced from the financial headlines by the American presidential election, you might have briefly thought that its problems had gone away. They haven’t.
It’s just that the public is expected to absorb one major story at a time. And now that the presidential election is done and dusted, Europe is rapidly returning to the headlines. [...]
from silverdoctors:
In this week’s Peak Prosperity podcast,, Chris talks with Jeff Clark, Senior Precious Metals Analyst at Casey Research. They tackle head-on many of the questions weary precious metals investors are wondering after enduing the volatile yet range-bound price action of gold and silver over the past year:
Have the fundamentals for owning gold & silver changed over the past year? No
What are they? currency devaluation/crisis, supply-chain risk, ore grade depletion
How should retail investors [...]
from NYT:
The Twinkie, it turns out, was introduced way back in 1930. In our memories, however, the iconic snack will forever be identified with the 1950s, when Hostess popularized the brand by sponsoring “The Howdy Doody Show.” And the demise of Hostess has unleashed a wave of baby boomer nostalgia for a seemingly more innocent time.
Needless to say, it wasn’t really innocent. But the ’50s — the Twinkie Era — [...]
Ron Paul’s recent farewell speech is arguable the single most important speech in American history. Dr. Paul lays out the fatal problems facing America while pulling no punches. This speech is a must-read piece by anyone who seeks to understand the real reasons why America remains in a downward spiral of social and economic failure under the endless growth of Big Government and runaway debt.
Here’s the full text:
This may well [...]
by WashingtonsBlog
Is It Time to Restore the Rule of Law to America?
We have long called for non-violent forms of resistance to restore the rule of law in America. We have said for years (and we still proclaim on the right bar of our website):
We are NOT calling for the overthrow of the government. In fact, we are calling for the reinstatement of our government.
We are not calling for lawlessness. We are calling for an end [...]
from Zerohedge:
Representative Ron Paul gets his opportunity to say farewell – providing a compendium of reality and liberty for all that choose to listen.. He begins: “My goals in 1976 were the same as they are today: to promote peace and prosperity by a strict adherence to the principles of individual liberty” and goes on…”economic ignorance is common place, as the failed policies of Keynesianism are continually promoted”… “psychopathic totalitarians endorse government [...]
by Michael
When it comes to explaining the problems with our economy, one of the hardest things to do is to get people to understand that we are living in an economic fantasy world that is completely and totally unsustainable. As a nation we consume far more than we produce, we spend far more than we bring in, our debt is growing much faster than our GDP is, our entitlement programs [...]
Generations of Valerie Magee’s family, from her grandparents to her children, have deepened their roots in the black middle class, finding a pathway to prosperity through college education and the support of family members.
But as Magee, 56, watches college tuition skyrocket and wealth and incomes plummet, she worries that college might be moving beyond her young grandchildren’s grasp.
So Magee, a divorced nurse administrator, recently sold her pricey south suburban Matteson [...]
Despite repeated promises that he would build prosperity from the bottom up, President Obama has presided over three years of income losses for the middle class, according to the latest household income data from the Census Bureau.
Since 2009, the middle 20% of American households saw their average incomes drop 4%. In 2011 alone, they fell 1.7%. The poorest 20% have fared even worse under Obama, Census data show. Their incomes [...]
From PeakProsperity.com:
A year ago, in the wake of the then-announced additional monetary easing measures by the Federal Reserve (which since sent stock prices on a rocket ride for the next nine months), many of our readers feared a major decline in the dollar was imminent.
To add some balance to our site content, we asked Peak Prosperity contributing editor Charles Hugh Smith to argue the case for a strengthening dollar. He [...]
Forbes: Good money is not only a counsel of rectitude. It is critical path to restoring vibrant prosperity and social health. Erhard (as previously noted here) reprised the characterization of Pietrre and Rueff in his memoir Prosperity Through Competition .
Germany’s economic miracle “began as the clocks struck on the day of currency reform. Only an eye-witness can give an account of the sudden effect which currency reform had on the size of stocks [...]
Mac Slavo
August 30th, 2012
SHTFplan.com
Our incumbent President says that things are getting better, jobs are being created, and America is on the road to recovery. His opponent, Governor Mitt Romney, says the opposite, but claims he has a plan that will turn things around and bring prosperity back.
According to free market proponent Peter Schiff, it doesn’t matter who wins, because the crunch is coming – and it’s going to become apparent [...]
Mac Slavo
August 30th, 2012
SHTFplan.com
Our incumbent President says that things are getting better, jobs are being created, and America is on the road to recovery. His opponent, Governor Mitt Romney, says the opposite, but claims he has a plan that will turn things around and bring prosperity back.
According to free market proponent Peter Schiff, it doesn’t matter who wins, because the crunch is coming – and it’s going to become apparent [...]
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