Video: Keiser Report № 46 – Social Fury builds up!

(RussiaToday) – May 27 – This time Max Keiser and co-host Stacy Herbert look at the scandals of guillotines and conspiracy theories, Fed rackets and capital flows. In the second half of the show, Max interviews Dr. Joern Berninger about the European “debt crisis”, when France was “technically bankrupt” on May 7, and about the China bubble debate. Continue reading

Video: Christopher C. Horner Covers The “Scientific Dictatorship” Under Obama on Alex Jones Tv

(May 24) – Alex talks with attorney and author Christopher C. Horner, a Senior Fellow at the Competitive Enterprise Institute. Mr. Horner has represented CEI as well as scientists and members of the U.S. House and Senate on matters of environmental policy in the federal courts including the Supreme Court. He writes for legal and industrial trade journals and online opinion pages. Mr. Horner is the author of two best-selling books: Red Hot Lies: How Global Warming Alarmists Use Threats, Fraud and Deception to Keep You Misinformed and The Politically Incorrect Guide to Global Warming and Environmentalism, which spent half of 2007 on the New York Times bestseller list. His latest book is Power Grab: How Obama’s Green Policies Will Steal Your Freedom and Bankrupt America. Continue reading

Video: Keiser Report № 42 – Markets! Finance! Scandal!

This time Max Keiser and co-host Stacy Herbert look at the scandals of perfect trading days; PIIGS flying only to fall to earth five minutes later when markets realize the Euro-Tarp financiers are themselves bankrupt debt pigs; and Max Keiser explains high frequency terrorism in the Manchurian candidate markets. In the second half of the show, Max interviews post-neoclassical economic philosopher Damon Vrabel about the European bailout, the financial empire and the IMF, and how the right kind of republic can provide some solutions.

Video: Judge Napolitano – Immigration law will ‘bankrupt the Republican Party’

(RawStory) – After Fox News analysts spent most of Friday defending Arizona’s bill to target illegal immigrants, Judge Andrew Napolitano offered a different take on the controversial measure. Continue reading

Video: Mish and Faber – US Destined for Failure

The government leads you to believe that we are in an economic recovery…however it is actually the total opposite. A depression and inflation are what the US is looking forward to. Continue reading

How U.S. states cook their books

(TheComingDepression) – Here’s a trick used by bankers, states trying to add debt without getting voter approval and companies like Enron or Worldcom — and we know how that worked out (they both went bankrupt and their executives charged with fraud). This from the New York State Comptroller (hat tip to our of our viewers): Read More Here

Economy

(CanadianBus) – Hawaii bankruptcies up 33 percent in January over January 2009

Federal figures show there were 276 bankruptcy filings in Hawaii in January. Read More Here

(DSNews) – Residential Mortgage Delinquency Rate Surpasses 10%: LPS

Home loan delinquency rates in the United States have now surpassed 10 percent, Lender Processing Services (LPS) reported this week. Read More Here

(CBOnline) – Fitch: Delinquencies for commercial mortgage backed securities rise in January

Delinquencies for commercial mortgage-backed securities rose in January, fueled by increases in five main property types for the fifth straight month, Fitch Ratings said Friday. Read More Here

Video: Financial Collapse 2010 – Repetition of the 29 Depression – Video Link Here

(HeraldSun) – World bankers meet in Sydney as recovery fears intensify

THE world’s top central bankers began arriving in Australia for high-level talks as renewed fears about the strength of the global economic recovery gripped world share markets. Read More Here

The Bankruptcy of the United States is Now Certain

It’s one of those numbers that’s so unbelievable you have to actually think about it for a while… Within the next 12 months, the U.S. Treasury will have to refinance $2 trillion in short-term debt. And that’s not counting any additional deficit spending, which is estimated to be around $1.5 trillion. Put the two numbers together. Then ask yourself, how in the world can the Treasury borrow $3.5 trillion in only one year? That’s an amount equal to nearly 30% of our entire GDP. And we’re the world’s biggest economy. Where will the money come from? Continue reading

Video: California the canary in coalmine of US economy

State Controller John Chiang issued a stern warning Friday about California’s cash reserves, telling legislative leaders and Gov. Arnold Schwarzenegger they must act on nearly $9 billion in budget cuts the governor is seeking by March — or the state will run out of cash to pay its bills. — Denis C. Theriault Mercury NewsContinue reading

Democracy in America Is a Useful Fiction

Corporate forces, long before the Supreme Court’s decision in Citizens United v. Federal Election Commission, carried out a coup d’état in slow motion. The coup is over. We lost. The ruling is one more judicial effort to streamline mechanisms for corporate control. It exposes the myth of a functioning democracy and the triumph of corporate power. But it does not significantly alter the political landscape. The corporate state is firmly cemented in place. Continue reading

Video: Obama – If We Don’t Pass Health Care Reform, ‘The Federal Government Will Go Bankrupt’

(FLASHBACK) – December 16, 2009

(HuffingtonPost) – Geithner Warns That Markets Could Dive If Bernanke Is Not Reconfirmed

Treasury Secretary Tim Geithner, in a recent interview with Mike Allen of Politico warned that the financial markets could react negatively if Fed Chairman Ben Bernanke isn’t confirmed for a second term. (READ Politico’s full story here.) Read More Here

Video: Free Market Myths – Left-Libertarian

Im probably going to pull this video soon. It has created too much confusion. One of the schools of Left-Libertarianism is Mutual who believe in free-markets. While I am not a Mutualist, I didnt mean to exclude their thoughts on the subject. I keep getting the comment that Im confusing free-markets with corporatism. This is not true. The other thing people have said is that a free market would exist with laws. Yes, of course. When I made the video I was unfamiliar with YT. Crazy me, I thought most of the people here would be Republicans and Democrats. That was my target audience. Continue reading

Los Angeles Heading for Bankruptcy, Mayor Tries to Prevent Bond Market Panic

(MarketOracle) – When a politician says something is “not an option” that generally means it is (or soon will be). Sometimes it means it is all but certain. With that in mind, please consider Mayor Villaraigosa says no bankruptcy for the city. – Continue reading

Economic News

(LATimes) – Small-business bankruptcies rise 81% in California

With credit tight and consumers still pinching their pennies, many business owners find they can’t go on. Read More Here

“Monetary Policy” Transfers Your Children’s Future Earnings to the Financial Elite

The bail-out of Wall Street and the banking and mortgage industries is not monetary policy; it is a massive transfer of wealth from future taxpayers to the Financial Power Elite. Read More Here

(MailOnline) – 27,000 firms go bust (and the same again are at risk)

More businesses have gone bust in the current recession than in any other since records began, figures show. Read More Here

(MailOnline) – £10bn of rip-off overdraft charges won’t be refunded

Banks will be able to keep £10billion from rip-off overdraft charges after the Office of Fair Trading abandoned a legal challenge yesterday. Read More Here

(RussiaToday) – Video: 9/11 heroes in life-struggle as Obama signs multi-billion war bill

President Obamas plan to pump more than six hundred billion dollars into U.S. defense next year has outraged many Americans. Rescuers whose health suffered after working at Ground Zero say the government should pay for their medical care – not pour more money into war. Video Link Here

Video: Barack Obama Says That The U.S. Government Will Go Bankrupt If The Health Care Reform Bill Is Not Passed

(ABCNews) – Barack Obama has made a guarantee. During an interview with ABC’s Charles Gibson, Obama guaranteed that the U.S. federal government will go bankrupt if the health care reform bill he is pushing does not get passed. Of course he failed to mention that the health care reform bill will actually cost U.S. taxpayers hundreds of millions of dollars in the coming years. Where in the world is all of that money going to come from? Continue reading

Video: John Perkins – Was Iceland a Target for Economic Hit Men?

(Nov 19) – John Perkins, author of Hoodwinked and Confessions of an Economic Hit Man, blames Iceland’s economic collapse on the tactics of economic hit men from multi-national corporations. Continue reading

Gore Peddles Lies and Spin to Defend Bankrupt Climate Change Agenda

(PaulWatson) – Having been forced to cancel his speech at the Copenhagen summit, carbon billionaire Al Gore found the time to leave the comfort of his 20 bedroom power-guzzling mansion to address the Climategate scandal, before letting loose another deluge of lies and spin in defense of his collapsing global warming fraud. Continue reading

The bankruptcy of the United States is now certain

It’s one of those numbers that’s so unbelievable you have to actually think about it for a while… Within the next 12 months, the U.S. Treasury will have to refinance $2 trillion in short-term debt. And that’s not counting any additional deficit spending, which is estimated to be around $1.5 trillion. Put the two numbers together. Then ask yourself, how in the world can the Treasury borrow $3.5 trillion in only one year? That’s an amount equal to nearly 30% of our entire GDP. And we’re the world’s biggest economy. Where will the money come from? Continue reading

MSM: A morally bankrupt dictatorship built by slave labour

(Independent) – Dubai is finally financially bankrupt – but it has been morally bankrupt all along. The idea that Dubai is an oasis of freedom on the Arabian peninsular is one of the great lies of our time. Continue reading

Why War is Inevitable – John Kaminski

It always struck me as odd that just before all wars start, the people who have been asked to wage these wars say they don’t want to fight, and insist they want peace. And as a result, all the politicians say they’re for peace, and would never get us into war, especially one in which we had no obvious stake. Then the wars start. Continue reading

Video: Peter Costa – “The US Government Will Be Totally Bankrupt In A Year And A Half”

(CNBC) Not much optimism from one of CNBC’s favorite bulls. Yet even Costa is wrong about today’s market direction as 7 shares of SPY move the market up by almost half a percent. In the meantime, the gold creep higher continues.

Video Link Zero Hedge

Video: Hosts and Parasites – The Consequences of Default

Michael Hudson on Max Keiser – What happens when a country goes broke? Continue reading

Herding the Sheep – Washingtons Blog

Financial insider and commentator Yves Smith wrote an essay last week entitled “MSM Reporting as Propaganda” arguing that the government has been using propaganda to make people think that things are getting better, no one is angry, and – therefore – no one should get upset: Continue reading

Film: Fall Of The Republic – The Presidency Of Barack H. Obama

Fall Of The Republic documents how an offshore corporate cartel is bankrupting the US economy by design. Leaders are now declaring that world government has arrived and that the dollar will be replaced by a new global currency. Continue reading

US Joins Ranks of Failed States – Paul Craig Roberts

The US has every characteristic of a failed state.

The US government’s current operating budget is dependent on foreign financing and money creation. Continue reading

The History of the Future: Trends 2012 – Gerald Celente

Autumn 2012, the “Greatest Depression” has spread worldwide. Billions are unemployed, homeless and desperate. Countries bankrupt, trade pacts broken, tariffs rise, borders close. Continue reading

Video: Preparing Americans for Hyperinflation

Hyperinflation Nation – NIA – National Inflation Association – Inflation.US
The National Inflation Association is an organization that is dedicated to preparing Americans for hyperinflation and helping Americans not only survive, but prosper in the upcoming hyperinflationary crisis. Continue reading

MSM: Roubini Sees Stock Declines as Soros Warns on Economy

(Bloomberg) – New York University Professor Nouriel Roubini said stock markets may drop and billionaire George Soros warned the “bankrupt” U.S. banking system will hamper its economy, highlighting doubts about the sustainability of the global recovery. Continue reading

Systemic Failure Approaches

In fact, my forecast is for systemic failure. Its primary elements will be a failed US banking system (as in seizure) and a USTreasury Bond default (as in coerced restructure). Again, martial law and declaration of economic emergency will be the final solution. The prison camps will become debtor prisons and warehouses for illegals, maybe a processing plant for those who refuse virus vaccination. Continue reading

MSM: Will California become America’s first failed state?

(Guardian) – California may be the eighth largest economy in the world, but its state staff are being paid in IOUs, unemployment is at its highest in 70 years, and teachers are on hunger strike. So what has gone so catastrophically wrong? Continue reading

Video: Marc Faber and Nouriel Roubini

(CNBC) – Squawk Box – October 1st, 2009 Continue reading

Ten Big Companies That Are Veering Toward Bankruptcy

From The Business Insider, Sept. 18, 2009:

Despite a few green shoots in the economy and a rocketing stock market, many large companies are still struggling to avoid bankruptcy. Continue reading

Corporate Corruption Killing America

Anyone smart and strong enough to fight delusional thinking and who pays attention to current events should clearly see that corporate corruption of the US political system is so pervasive and powerful that there will be no genuine reform of both the health care and financial sectors. Continue reading

Updated and expanded: Dr. Van de Meer predicts monetary collapse of US starting on September 30th

A private but extremely influential silent individual,  Dr. Michael Van de Meer is the person predicting a financial collapse of the United States starting on September 30th. That is the end of the fiscal year and the final date for payments the Federal Reserve Board wants to act, but cannot, because it is in a catatonic state, as the leaders of every state in the world is. Continue reading