Social Safety | InvestmentWatch

Understand Where We’re Headed: “The People of This Country… Will Take to The Streets”

Mac Slavo
April 5th, 2013
SHTFplan.com

Do you want to know why the Department of Homeland Security, the U.S. military, and law enforcement officials are unabashedly expanding the control grid?

Charlie McGrath of Wide Awake News explains:

We understand the expansion of the security industrial complex, the growing nature of the police state.

Billions of rounds of ammo, armored vehicles, fusion centers, drones being put in the air – there is no question of police state expansion. The [...]

Ryan Warns of Financial Collapse Over Debt, Its About Time A US Politician Says This As We’re Looking At $700 Billion Just To Pay Interest On The Debt!!!

Ryan warns of financial collapse over debt, urges Congress to avert ‘moral failure’

Rep. Paul Ryan issued an urgent call to conservatives Friday to bridle the debt and head off a crisis he described as a looming “moral failure,” defending the budget he introduced earlier this week from a barrage of Democratic attacks.

“We have to tackle this problem before it tackles us,” Ryan said, speaking on the second day of the [...]

Our Collapsing Economy and Currency

Paul Craig Roberts
Infowars.com
Dec 1, 2012

Is the “fiscal cliff” real or just another hoax? The answer is that the fiscal cliff is real, but it is a result, not a cause. The hoax is the way the fiscal cliff is being used.

The fiscal cliff is the result of the inability to close the federal budget deficit. The budget deficit cannot be closed because large numbers of US middle class jobs and [...]

Ryan: Romney would protect social safety nets

AURORA, COLO. — Republican vice presidential nominee Paul Ryan is planning to tell poor voters they would be better off if he and Mitt Romney win the White House and will urge middle-class and independent voters to consider whether they want another four years like the past ones under President Barack Obama.

Ryan, in remarks prepared for delivery Wednesday afternoon at Cleveland State University, was set to promise to Americans most [...]

Desperation: Greece To Allow Sale of Expired Foods to Citizens

Mac Slavo
October 15th, 2012
SHTFplan.com

In just a few years we’ve seen the country of Greece go from being a popular tourist destination in one of the world’s largest economic regions, to being on the brink of complete and utter collapse. With untold billions in private and public sector debt, the situation in Greece (and other debt laden European countries like Spain and Italy) has devolved to such an extent that some [...]

The nightmare scenario in Detroit just got worse: Those with nothing left to lose are becoming more daring, more aggressive, and more ruthless

From SHTFplan:

As more and more Americans across the country become impoverished by rising costs for essential goods, falling wages, job losses, and an unraveling social safety net, those with nothing left to lose are becoming more daring, more aggressive, and more ruthless.

Nowhere is this as apparent than in the cities of Chicago, where police have compared the explosion in violence to a tribal warfare akin to what we’ve seen in [...]

Mob Hijackings Continue, Police Powerless: “We Own This Now”

Mac Slavo
October 3rd, 2012
SHTFplan.com

Nowhere is this as apparent than in the cities of Chicago, where police have compared the explosion in violence to a tribal warfare akin to what we’ve seen in Iraq [...]

Top Economists: Iceland Did It Right … And Everyone Else Is Doing It Wrong… Iceland’s Prosecution of White Collar Fraud Played A Big Part In Its Recovery.

washingtonsblog.com
August 25, 2012

Nobel prize winning economist Joe Stiglitz notes:

What Iceland did was right. It would have been wrong to burden future generations with the mistakes of the financial system.

Nobel prize winning economist Paul Krugman writes:

What [Iceland's recovery] demonstrated was the … case for letting creditors of private banks gone wild eat the losses.

Krugman also says:

A funny thing happened on the way to economic Armageddon: Iceland’s very desperation made conventional behavior impossible, freeing the [...]

Social Security Ponzi Scheme Coming To An End

informationliberation.com
August 8, 2012

Socialist security, possibly the world’s largest wealth redistribution scheme in history is finally now coming to an end. Like a scam chain letter, the first people who “sent in a dollar” got a hundred back in return, but the last pay in and get nothing. Such is the case now with socialist security reports the AP, “People retiring today are part of the first generation of workers who have paid [...]

The Euro Crisis Is So Bad That People Are Selling Their Kidneys Just To Get By

Constant headlines about confusing bank recapitalizations and EU summits can obscure the human cost of economic hardship.

A fascinating piece from Dan Bilefsky of The New York Times takes a look at people in Europe who are attempting to sell organs just to put food on the table.

Organ shortages, poverty, and the internet have created a black market where a kidney can fetch $40,000, despite national and international efforts to crack down on the practice.

From the New York Times:

“In Spain, [...]

BREAKING ALERT: FOOD STAMP PROGRAM FACES CUTS

WASHINGTON — With 1 in 7 Americans now receiving food stamps, Republicans in Congress are leading efforts to cut back the social safety net program that has swelled to one of the largest in the federal government — and they are getting some support from Democrats.

The farm bill being debated in the Senate reduces funding for food stamps and is finding support from both sides of the aisle as lawmakers look for ways to cut the [...]

Lawrence Summers: Avoiding a Global Catastrophe

Lawrence Summers
Washington Post
June 19, 2012

Washington Post: Lawrence Summers, a professor and past president at Harvard University, was Treasury secretary in the Clinton administration and economic adviser to President Obama from 2009 through 2010.

Once again good news has had a half-life of less than 24 hours. Just as news of Spain’s bank bailout rallied markets for only a few hours, a Greek election outcome that was as good as could have been hoped did [...]

CONSERVATIVES LOVE CORPORATE FRAUD AND CORPORATE WELFARE – FOX REFUSES TO ADDRESS THAT!

Power to the people – END CORPORATE FRAUD AND CORPORATE WELFARE IN THE $10‘s of TRILLIONS.

GOALS:

· Get THE BRIBERY out of politics
· Tax the rich and corporations
· End the useless wars, bring the troops home, cut military spending
· Protect Social Safety Net, Strengthen Social Security and Medicare for all
· End corporate welfare for BANKSTERS, BIG 0lL and the REST
· Transition to a clean energy economy – STOP THE 0lL DRAIN ON [...]

House Dems take course on playing race card to defend programs

House Democrats received training this week on how to raise the issue of race to defend government programs, according to training materials obtained by The Washington Examiner.

The prepared content of a Tuesday presentation to the House Democratic Caucus and staff indicates that Democrats will seek to portray apparently neutral free-market rhetoric as being charged with racial bias, conscious or unconscious.

In her distributed remarks, Maya Wiley of the Center for Social Inclusion [...]

A review of a review about a Book I have yet to read, but will.

I stumbled across a new review of Chris Martenson’s book “The Unsustainable Future Of Our Economy, Energy and Environment” today. It’s a generally positive review, but with a few drawbacks that the reviewer calls “flaws”.

John Atcheson starts the review with the following:

The first thing to say about The Crash Course is that it is an impressive work of scholarship. It is reminiscent of Guns, Germs and Steel in terms of the scope and breadth of knowledge brought [...]

The Supreme test: President’s legacy and election hopes under threat as ‘Obamacare’ faces three-day constitutional challenge

Key mandate of every U.S. citizen buying health insurance under fire
Scheme would see 30million Americans given health coverage
Supporters say it will spread healthcare costs

Critics call it ‘unacceptable encroachment on liberty’
Supreme Court to debate for three days and then make ruling in June
Could sway November’s presidential election, say observers

Barack Obama’s political legacy and chances of re-election in November are facing a Supreme test this week when his signature health care law comes [...]

People need to work a bit harder, they need to work a bit longer, and they should be more innovative. We (the Chinese) work like crazy

by ZH

Two weeks ago, Marc Faber provoked the fury of a broad segment of the population by daring to tell America that it is lazy, needs to work more, and is overly-reliant on a welfare government which is an eager parasite of the welfare system cocoon in which it has wrapped the majority of the population knowing full well it can get away with anything due to threats it can pull [...]

Obama to offer more than $1.5 trillion in cuts

By Robert Schroeder, MarketWatch

WASHINGTON (MarketWatch) — President Barack Obama is preparing to offer a plan to slash the deficit beyond the $1.5 trillion in cuts that a congressional “super committee” is required to come up with by late November, reports said Wednesday.

Obama is also considering recommending to the 12-member committee of lawmakers that they back new measures to stimulate the economy, The Wall Street [...]

Paul Craig Roberts: The Political Theater and The Debt Ceiling Crisis 2/2

The Political Theater and the Debt Ceiling Crisis: Are We Being Had?

Dr. Paul Craig Roberts Infowars.com ?July 27, 2011

In my last column I suggested that an unintended outcome of the debt ceiling impasse could be Congress’ loss of the power of the purse. In this column I suggest an intended outcome that the ongoing political theater might be designed to produce.

President Obama has said that he will [...]

Will Dems”New Normal’ Kill The American Dream?

There’s a burgeoning theme in Washington these days. Although not publicly stated before the cameras, the power brokers whisper it among themselves. But before too long — perhaps in the next six months as the presidential campaign heats up — we’ll all recognize it when we hear it.

It’s called the “new normal.”

This odious phrase characterizes a growing belief among politicians, economists and pundits that the [...]

Why We Should Worry About Right-Wing Terror Attacks Like Norway’s in the US

Sunday 24 July 2011
by: Frank Schaeffer, AlterNet | News Analysis

The Norwegian police on Saturday charged a 32-year-old man, whom they identified as a Christian fundamentalist with right-wing connections, over the bombing of a government center and a shooting attack on a nearby island that together left at least 91 people dead.

In my new book “Sex, Mom and God”

I predicted just such an action. I predicted that [...]

America: Why Aren’t You Protesting

by Andrew Smolski of OilPrice.com

America: Why Aren’t You Protesting

As noted by Richard Heinberg on June 22nd, 2011, the media has lacked the ability to connect the economic situations in the Middle East and their uprisings to what is happening in Europe. I would avoid the word “Revolution” in the case of the Middle Eastern uprisings, seeing as no dramatic systemic changes have taken place, only the [...]

Look at all of the info in this Reuters news on “99ers”

For America’s “99ers,” jobs crisis is hard to escape

“In 2010, an estimated 3.9 million unemployed Americans exhausted unemployment benefits, according to the National Employment Law Project, an advocacy group that campaigns for lower-wage workers.

More than 14 percent of the U.S. unemployed have been out of a job for 99 weeks, or longer.

The Labor Department’s report on Friday showed that the unemployment rate climbed to a six-month high of [...]

Obama Proposes Social Security Cuts … In debt talks

By Lori Montgomery, Wednesday, July 6, 9:38 PM

President Obama is pressing congressional leaders to consider a far-reaching debt-reduction plan that would force Democrats to accept major changes to Social Security and Medicare in exchange for Republican support for fresh tax revenue.

At a meeting with top House and Senate leaders set for Thursday morning, Obama plans to argue that a rare consensus has emerged about the size [...]

PAPER: OBAMA SPEECH ‘MOST DISHONEST IN DECADES’

Did someone move the 2012 election to June 1? We ask because President Obama’s extraordinary response to Paul Ryan’s budget yesterday—with its blistering partisanship and multiple distortions—was the kind Presidents usually outsource to some junior lieutenant. Mr. Obama’s fundamentally political document would have been unusual even for a Vice President in the fervor of a campaign.

The immediate political goal was to inoculate the White House [...]

Some food for thought on Japans economics

by moneymutt

Japan has their own currency to do with what they wish because they have their own central bank and their debt is internal, no bond vigilantes, no spikes in interest, whole country bears burden in interest paid/interest rec’d, there can be generations that relatively win/lose but burden is spead and no foreigner like Soros will get rich off their misery, which means such money [...]

It’s 2026, And The Debt Is Due

The following is a presidential

address to the nation — to be

delivered in March 2026.

MY fellow Americans, I come to you today with a heavy heart. We have a crisis on our hands. It is one of our own making. And it is one that leaves us with no good choices.

For many years, our nation’s government has lived beyond its means. We have promised ourselves [...]

Upside-down

by NightmareonMainSt

The United States of America is today in some ways as upside down and underwater as those poor homeowners’ loans that are being foreclosed upon.

Our historically huge debt, foreign and domestic, is beyond anything our country produces anymore. And even our largest export, War and Weaponry, seems to be less in demand, as we become more and more the pariahs of the world, and as the Wal-Mart fattened [...]

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