by Phoenix Capital Research
Since the EU Crisis went into overdrive in 2010, EU politicians have largely resorted to political posturing rather than implementing any actual financial solutions to the EU’s debt and banking crisis.
To clarify that statement, we view a “real solution” as one that A) cleared bad debts from the system, B) brought debt levels down to manageable levels, and C) got the troubled country’s economy back on track.
By Ron Paul:
Last week, supporters of the current administration rejoiced over job numbers released by the Bureau of Labor and Statistics (BLS). For the first time since the administration came to power, the official unemployment number fell below 8%. Keynesian cheerleaders all claimed the numbers meant we are surely on the road to economic recovery, just in time for Christmas, and also, the election. Others saw through this ruse.
The situation on [...]
From Page Nine:
This is another example of a gun-controller myth that gets in the way of real solutions, and points to the need for gun-control counseling. The gun controllers’ fears are so great they interfere with arriving at real solutions.
There are guns in the hands of criminals… despite laws strictly forbidding guns in the hands of criminals. That’s as close as this phrase (“guns on the street”) can be applied.
The Economic Collapse
July 23, 2012
There is much more to the collapse of America than just our economic problems. The truth is that the United States is like a beautiful house that may still look great on the outside but that has rotted and decayed very badly on the inside. In fact, the foundations of our country have rotted away so badly that our entire society is starting to collapse. [...]
Central banks hold 30% of global GDP
“Bank for International Settlements reports that world’s central banks are holding £11tn after purchasing government bonds
Almost 30% of global GDP, or $18tn (£11tn), is held by central banks after purchasing government bonds and pumping liquidity into the financial system to ease the current crisis.
This is double the level of ten years ago, according to the latest annual report from the Bank for International Settlements.
Be afraid: Some in U.S. see shades of 2008 in euro crisis
“They see a fractured Europe fiddling in the near term, attempting to seal one fissure as another larger one appears while they talk about a five-to-10-year timeframe for real solutions, such as a more fiscally integrated euro zone. They see investors who want solutions in the next few weeks and months or else nations like Spain and Italy could [...]
The United States held onto its AA+ rating from Standard & Poor’s Friday but the agency said it also kept a negative outlook on the country, citing the political deadlock over fixing the fiscal deficit.
Ten months after delivering a historic rate cut to Washington, removing its top-level AAA rating, S&P warned that the reasons for the downgrade remained in place and that if anything they were deteriorating.
The ideological deadlock between Republicans and Democrats continued to [...]
Published on May 8, 2012 by CapitalAccount
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Let’s take stock of the news out in the last 24 hours. Greece’s leftist leader says the bailout deal is dead. Greek stocks plummet to 20 year lows. The S&P 500 takes a plunge to a two-month low, rebounds to a one-month low. Fitch says greece leaving euro would be bearable while UBS legend Art Cashin explains how Greece could end up [...]
Class Warfare Is Being Used To Divide America – And It Is Working
by The Economic Collapse
April 30th, 2012
At a time when America desperately needs to come together, we are becoming more divided than ever. The mainstream media and most of our politicians love to pit us against one another in dozens of different ways, and right now class warfare has become one of their favorite tools for getting us to hate [...]
Uploaded by ThriveMovement on Sep 7, 2011
THRIVE is an unconventional documentary now available to watch online athttp://thrivemovement.com.
THRIVE lifts the veil on what’s REALLY going on in our world by following the money upstream — uncovering the global consolidation of power in nearly every aspect of our lives. Weaving together breakthroughs in science, consciousness and activism, THRIVE offers real solutions, empowering us with unprecedented and bold strategies for reclaiming our lives and our [...]
by Jason Mattera
In a scathing letter to sent to Barack Obama this morning, Senator Marco Rubio said that under the President’s first term in office, “more and more people have come to believe that America is becoming a deadbeat nation.”
Rubio went on to pledge that he would challenge any further increase in the debt ceiling, arguing that “we [Congress] need to make it routine to actually spend no more than we [...]
Hey, have you heard? The stock market is absolutely soaring right now. The Dow was up 330 points on Monday, and overall the Dow has risen by more than 10 percent since October 3rd. So should we all be throwing our money into the stock market in order to take advantage of this tremendous rally? Well, if you actually believe that the sovereign debt crisis [...]
President of the Ayn Rand Institute Yoran Brook says that we’re essentially out of solutions for the economic, financial and monetary crisis facing America. He joins The Daily Ticker to discuss the general sentiment from the institute’s recent Atlas Shrugged Revolution dinner, which featured attendees like Euro Pacific Capital’s Peter Schiff and John Tamny of RealClearMarkets:
The mood in the room was definitely thatthis country is heading [...]
Despite the fact we were told repeatedly that the Greece situation was solved just 12 months ago, the country is once again at the forefront of the ongoing crisis in the Euro-zone.
Having already thrown billions at this problem last year, this time around European officials are actually considering REAL solutions, i.e. Greece leaving the Euro-zone. Of course, as soon as these rumors surfaced, several Greek [...]
Miami, FL April 26, 2011: Noted economist and candidate for Miami-Dade County Mayor said to a group of supporters that “our election system promotes corruption, cronyism and favoritism. Even worse, it makes the voters become indifference to the system, blinds them to the issues and hides real solutions.”
He continued: “Whether on a state or county level, the focus of the media is on how much money was raised! The [...]
Took me a while to digest it, but it was worth it.
Dear Sirs and Madams;
I’ve read your impassioned letter to Ben Bernanke, Eric Holder and Comptroller Walsh.
You have good intentions, but you miss the point.
The excuses we have heard from financial institutions are simply not credible three years into this crisis. People in our districts are hurting. We have tried to help them in the face [...]