The U.S. government and the Federal Reserve have spent, lent or guaranteed $12.8 trillion, an amount that approaches the value of everything produced in the country last year, to stem the longest recession since the 1930s...

Supposedly this anti-stimulus video blogger was summoned to the White House for his powerful influence.  I'll keep you informed to whether or not that is fact.  With over one million views this video has united the modern Tea Party enthusiast, enjoy the video. 

P.S. I totally disagree with two years of compulsory service to the government.

Civilization will collapse in a 5 stage event

Although it can be put on fast track by a pandemic, an impending asteroid, world war, civil war, or terrorism, what follows is what will essentially happen. In realizing how the collapse will happen.

STAGE 1. As long as the economy is thriving and you have freedom and are not over taxed, life can be good.

Here are your most important assets today:

Savings

Career

Health Insurance

Home Value

Automobile Image

Credit Rating for Debt Accumulation

STAGE 2. The economy goes into a prolonged decline, which we have been experiencing for the past 2 years.

Here will be your most important assets:

Cash

Precious Metals,which you might want to sell now

Elimination of debt

Job Stability

Health Insurance

Home Equity

Automobile with good MPG

STAGE 3. The economy begins to collapse after a significant prolonged decline, which we are experiencing right now.

Here will be your most important assets:

Cash

Automobile

Job

Home

Short term food supplies

Survival know-how

Rural property

Small livestock- chicken, rabbit, fish

and a bulk supply of long-term heirloom vegetable seeds

STAGE 4. The economy collapses and the shelves go empty in one week, the government suspends the Constitution and we become a police state. This can come at any time after Stage 3.Society falls into chaos.

Here will be your most important assets:

Guns and ammo

Survival knowledge

Short term food supplies (1 year)

Rural hideaway or rural property

Trained survival dog

water filter system

Survival gardening method know-how

Heirloom garden seeds for long-term food

You no longer can sell gold, you can no longer buy gasoline for your vehicle, you will be forced from your home and health care is no longer available, and of course your job is a memory. You will experience what it’s like to live in a third world country at war.

STAGE 5. War between freedom fighters and government forces break out nationwide, and starvation becomes common. Government offers food and water and shelter in exchange for chip implantation and enslavement.

HERE’S YOUR MOST VALUABLE ASSETS

1. Survival skills

2. Patriot gardening so your food will never be stolen

3. water filter system so you will never be thirsty

4. heirloom seeds for long term food and barter

5. Guns and the ability to use them

6. Survival dog

7. Willpower and tenacity

Priorities change as the world changes. Your most prized assets- home and good credit and car and job and health care are no longer important!!!!!

YOUR INDECISION TODAY WILL DETERMINE THE MAGNITUDE OF YOUR SUFFERING TOMORROW.

The Fed's plan to increase the money supply 15-fold

But the real story starts to unfold when you realize the Federal Reserve is now hell bent on multiplying the U.S. money supply by a whopping fifteen times in 2009! This excellent article explains how this number is derived: http://www.marketskeptics.com/2009/...

Now think about this: If the Federal Reserve increases the U.S. money supply by a factor of fifteen, that means your dollars will be worth only 1/15th the value they represent right now. So a loaf of bread that costs a dollar right now could cost $15 when all this extra money ripples through the system. (Which will obviously take a couple of years, but 2009 will be the beginning of it.)  Read entire article...

Warren Buffet is receiving a media bashing for his statement today. They say these types of statements only produce more fear, which consequently makes things worse. But is it fair to induce false hope the way the Obama administration does? People have already lost their 401k to Wall Street executives and investment bankers. We, our children, and our children’s children will be forking the bill for the mistakes made in the past six months by both the Bush and Obama administration. I conclude that it would be far worse to take Obama’s advice and start buying up cheap “cliff diving” stocks and further drowned in hopeless U.S. economic debt. 

Watch CBS Videos Online

By Lilla Zuill and Jonathan Stempel Lilla Zuill And Jonathan Stempel

NEW YORK (Reuters) – American International Group Inc posted a record $61.7 billion quarterly loss on Monday and got a new but not necessarily final government bailout, after officials concluded again that letting the insurer fail would threaten the world financial system.

AIG will get access to up to $30 billion of new capital, after getting a commitment for $150 billion in aid last year that gave the government a stake of nearly 80 percent.

The latest bailout increases the government's commitment to keeping AIG on life support, and avoids for now any crippling credit rating downgrades that could force AIG to come up with billions of dollars it might not have.

"It's a pretty strong reminder that the U.S. Treasury is still all that stands between the current market environment and the ongoing threat of systemic financial meltdown," said Christopher Garman, head of Garman Research LLC in Orinda, California and a former Merrill Lynch & Co bond strategist.

Sunday March 1,2009

By Geraint Jones

TOP secret contingency plans have been drawn up to counter the threat posed by a “summer of discontent” in Britain.

The “double-whammy” of the worst economic crisis in living memory and a motley crew of political extremists determined to stir up civil disorder has led to the ­extraordinary step of the Army being put on ­standby.

MI5 and Special Branch are targeting activists they fear could inflame anger over job losses and payouts to failed bankers.

One of the most notorious anarchist websites, Class War, asks: “How to keep warm ­during the credit crunch? Burn a banker.”

Such remarks have rung alarm bells in Scotland Yard and the Ministry of Defence.

Intelligence sources said the police, backed by MI5, are determined to stay on top of a situation that could spiral out of control as the recession bites deep.  Read More...

Not a question of fairness

While some are debating the fairness of citizens in states that have been fiscally responsible being forced to pay for the fiscal irresponsibility of other states, the larger question, according to some legal experts, is whether such a bailout is constitutional...

“The federal government does not have the constitutional authority to spend taxpayers’ money to redistribute wealth from one state and give it to another,” Dranias said, as the proposed federal stimulus plan would do because the federal government would be taking possession of a power reserved to the states.

In doing so, the federal government would effectively be “undermining state Sovereignty and rendering meaningless the boundaries among the states and between the states and the federal government,” Dranias said.

“States lack the power by consent to accept the money or to sanction unconstitutional conduct by the federal government,” Dranias said.

If a state creates fiscal policies that lead to a budget deficit, the federal government does not have the authority to take tax dollars of other states to cover the shortfall. Such a bailout would make policy competition among the states impossible, Dranias said.

The framers of our Constitution understood the dangers of unlimited federal power and set up a system of checks and balances to prevent it.

In 1782, Thomas Jefferson wrote that “whensoever the General Government assumes undelegated powers, its acts are unauthoritative, void, and of no force.”

Challenging the bailouts

Presently, there is no precedent for challenging these bailouts, Dranias said, because of the problem of “taxpayer standing,” meaning it is hard for individual taxpayers to sue the federal government unless they can prove the spending would be injurious to them personally.

However, a state itself could challenge the constitutionality of the bailout, as could members of Congress. Representatives and senators do have “standing” and have exercised that power in the past to challenge certain laws, such as the McCain-Feingold Act dealing with campaign finance reform, said Dranias.

When asked whether citizens could urge their representatives and senators to mount such a challenge, Dranias said they could indeed, but it would likely not be easy. He said that individuals shouldn’t think they can’t file a good-faith lawsuit, even if such a suit were ultimately dismissed.

“One problem with conservatives is that they believe so much in abiding by laws, they often forget that unjust laws do exist,” said Dranius, “and such laws are meant to be broken, peaceably and nonviolently.” He also suggested that those who believe the federal bailout of states would be both an unjust and unconstitutional law could force change much like what happened during the Civil Rights Movement as a result of hundreds of individual lawsuits.  Read More...

Paul Joseph Watson
Prison Planet.com
Friday, February 27, 2009

Head of market analysis for Schneider Foreign Exchange Stephen Gallo told CNBC yesterday that the financial crisis will lead to the creation of a global central bank and a global single currency within 15 years, echoing the call of top globalists who have exploited the problems they created to push for a new world financial order.

Highlighting the significance of the introduction of the Euro, Gallo said that the single currency was “where we are headed globally on a monetary basis over the course of the next 10 to 15 years.”

Stating that one of the things that caused the financial crisis was an over expansion of the money supply on a global basis, Gallo said, “Over the course of the next couple of decades central banks are going to need to pay more attention to what’s going on with the global money supply rather than the money supply just in their own borders,” a necessity that, “might call into question the need for some kind of global central bank or a global central bank that’s united by central banks for bigger monetary areas underneath that global central bank.”  Read More...

By Joby Warrick

Washington Post Staff Writer
Thursday, February 26, 2009; Page A04

The daily White House intelligence report that catalogs the top security threats to the nation has a grim new addition, reflecting the realities of the age: a daily update on the global financial crisis and its cascading effects on the stability of countries through the world.

The first Economic Intelligence Briefing report was presented to the White House yesterday by the CIA, the agency's new director, Leon Panetta, revealed at a news conference. The addition of economic news to the daily roundup of terrorist attacks and surveillance reports appears to reflect a growing belief among intelligence officials that the economic meltdown is now preeminent among security threats facing the United States.  Read More...

According to to the WSJ, Dr. Panarin, a Russian former KGB analyst, predicts that the US will disintegrate by summer of 2010. He actually made his prediction back in 1997 when this scenario really sounded ludicrous. Now its simply improbable!

Before you dismiss him as another crazy, check out his credentials. “Prof. Panarin, 50 years old, is not a fringe figure. A former KGB analyst, he is dean of the Russian Foreign Ministry’s academy for future diplomats. He is invited to Kremlin receptions, lectures students, publishes books, and appears in the media as an expert on U.S.-Russia relations.”

Here’s the gist of his argument:

Mr. Panarin posits, in brief, that mass immigration, economic decline, and moral degradation will trigger a civil war next fall and the collapse of the dollar. Read More...

The thing about this research is that this work has confirmed that our economy based on parasitic capitalism, where the small elite sits atop the heap of men and gorges on their lifeblood, is destroying the social fabric of America. This system is based on a stacked deck, where the top elite always reap the profits that are made to rise to the top through the corporate profits-based system. The research confirmed that the growing inequities of such a system were ever increasing and with them, elevated social tensions. A system based on usury and putting everyone in the "poor house" is an economic order that is guaranteed to produce a democratic revolution, whenever the misery index of the armed populace exceeds the limits that they are willing to peacefully bear, without striking back at the source of their misery. Read More...