Economic Black Hole: 20 Reasons Why The U.S. Economy Is Dying And Is Simply Not Going To Recover

From: theeconomiccollapseblog

Even though the U.S. financial system nearly experienced a total meltdown in late 2008, the truth is that most Americans simply have no idea what is happening to the U.S. economy.  Most people seem to think that the nasty little recession that we have just been through is almost over and that we will be experiencing another time of economic growth and prosperity very shortly.  But this time around that is not the case.  The reality is that we are being sucked into an economic black hole from which the U.S. economy will never fully recover.

The problem is debt.  Collectively, the U.S. government, the state governments, corporate America and American consumers have accumulated the biggest mountain of debt in the history of the world.  Our massive debt binge has financed our tremendous growth and prosperity over the last couple of decades, but now the day of reckoning is here.

And it is going to be painful.

The following are 20 reasons why the U.S. economy is dying and is simply not going to recover….

Entire Article Here

Steve Quayle’s Hot Headlines

From: http://www.stevequayle.com/index1.html

HOTHEADLINES

Forget Gold, It’s Time to Think Platinum
Paulson Says Russia Urged China to Dump Fannie, Freddie Bonds
The Coming Obama Retirement Trap Has Started!
Chapter XV: Truckin’ for God and Country (The Day the Dollar Died Series)
OLS – Deliberate Collapse – video
Intelligence Community to Congress: Failed Christmas Day Bombing a ‘Systematic Failure’
Treachery on the Highest Level – DHS Requesting Foreign Troops to Kill U.S. Citizens
A Rudderless Ship of State
A Response to the president’s State of the Union Speech
Grim Tales from North Korea’s Gulags
Biblical Mandate for Just Government: What is “Good” and “Evil,” Part 1
The Sun Also Flares
The Bible Speaks of a War in the Heaven’s, Have NASA Found the Proof?
New Study: Ecuador’s Growing Role with the FARC and Transnational Crime
Observations of a Website Viewer
Airports Could Get Mind-Reading Scanners
Richard Branson Unveils Virgin’s Underwater ‘Plane’
In Search of the God Particle
Building Optimal Scientists, Then Retire

Hyperinflation Appears Certain for the US Dollar
Surviving Economic Collapse: Tips, Tactics, and Gear
The Wal-Mart Model of Self-Destruction
Capitalist Fools
Why Class Warfare Will Dominate Obama’s Presidency
Chapter XIV: Wendy’s Shining Moment (The Day the Dollar Died Series)
WEF Security Officer Dies in Probable Suicide, District Says
U.S. Households Struggle to Afford Food: Survey
Homeless in America – video
Investors Embracing Platinum, Palladium
The US, UK and EU See No Evil, Hear No Evil, Speak No Evil Regarding Radical Islam
We’re Fighting ‘Alice in Wonderland’ Terrorism War, says Sen. Lieberman
Leading Terrorist Wants to Meet with Obama
India on High Alert as LeT Buys Para-Gliding Equipment
The State of Union – Smoke and Mirrors – Self Worship…Again
In Britain, the Hunt is on for Aliens
Paging James Cameron: Pentagon Wants 3-D Surveillance
Colliding Particles Can Make Black Holes
Could CERN’s LHC Detect the Existence of a Parallel Universe?
Robots Will Soon Do All Our Killing for Us

Euthanasia Booths to Deal with ‘Silver Tsunami’
America – The True State of the Union!
Wealth Preservation, Investing, and Prepping in 2010
Big Bank Bonuses for CEOs and Other Execs Are Wrong
Bonus Battles
Global Economies Debt Crisis, Japan Heading for Currency Crisis
Are We In An Economic Depression?
Politics and Market Volatility Feed Fears of a Correction
Rethinking Global Cooperation and Business Values Will be at the Heart of Talks at the 40th World Economic Forum (WEF) Meeting in Davos Next Week, Say WEF Executives
Joseph Stiglitz: Why We Have to Change Capitalism
WHO Slams Swine Flu Critics as ‘Irresponsible’
Peru Begins Machu Picchu Airlift
Anti-Capitalists and Capitalists
Economic Stagnation, Wars, Pandemics, Welcome to the New Dark Age
As China Rises, Conflict with West Rises Too
HAARP Has Deleted Its Records from 2010-1-11
HAARP, Haiti, Brzezinski and the NWO
The Search for Aliens Should Start on Earth Not Outer Space, Says Scientist
Pentagon Report Calls for Office of ‘Strategic Deception’
Pentagon Searches Digital DNA to ID Hackers

Computer-Driven Trading Raises Meltdown Fears
Platinum Overtaking Gold as Metal of Choice on Autos
The Federal Reserve has Failed
States Can Tell Feds to Shove It
Fears of Public Outcry as UK Banks Prepare to Announce £25Bn Profits
ETF Secs’ U.S. Platinum, Palladium Inflows Jump
Fears of Public Outcry as UK Banks Prepare to Announce £25Bn Profits
We Have Some Hard Decisions Ahead
Fitch: U.S. Retail Credit Card Defaults Hit Near-Record Levels with No Relief in Sight
Haiti’s Ordeal: A Harbinger for Much of the Third World’s Accelerating Misery
‘One Nation under Allah’
The Misesian Vision
President Obama Finances Offshore Drilling in Brazil
Black Professor Gives Her Overview of Obama
West Coast Wasteland
Scientists Create Model of Monster ‘Frankenstorm’
Report: U.S. Drone Goes Down Over Pakistan. Again.
Can Genetics Bring an Extinct Species Back to Life?
Neuroscientists Say Brain Scans Can Spot PTSD
NASA Images Earth Sized Spherical Objects inside Corona of Sun
Problems of Transhumanism: Liberal Democracy vs. Technocratic Absolutism

IRA & 401k Theft Plotted by US Government
America’s Impending Master Class Dictatorship
20 Reasons Why the U.S. Economy Is Dying and Is Simply Not Going to Recover
The 2010 Gift to the Gold Community
Hyperinflation, Money Demand, and the Crack-up Boom
Word from Intercessor
Big Bear Area Closed to Visitors
Bin Laden Wording ‘Indicator’ of Upcoming Attack: Monitor
The Rule of Law Has Been Lost
MT Group Demands Local Leaders Boot Feds, Form Militia, Protect Guns
The Bribery Case Against the Arms Dealers
When the Gimmicks Fail
Dangerous Crossroads: U.S. Moves Missiles and Troops to Russian Border
The Law of Charity
Could the Mississippi Delta Become America’s Haiti?
North Atlantic Oscillation
Scalar EM Weather Control
What ’Skeptics’ Really Believe about Vaccines, Medicine, Consciousness and the Universe
Vaccination Without Doctor Approval in a US Hospital
David Kelly Post Mortem to Be Kept Secret for 70 Years

Stock Market Set to Crash
The Secret Bank Bailout
Obama Seen as Anti-Business by 77% of Investors
TV Cash-for-Gold Firms ‘Offer Fraction of True Value’
The World Bids Farewell to Obama
Dangerous Accommodations
Birds of a Feather
Occult Power Running Canadian Parliament?
PC Lies, Millions Die – Part I
MSNBC’s Chris Matthews Perpetuates Hatred for the Tea Party Movement
The Truth About Abortion
Muslims in 21st Century America: Growing Warning from Europeans
FBI Official to Appear with CAIR Leader Who Incites Fear
Report: Hezbollah on High Alert for Fear of Israeli Attack
Turrialbla Volcano Spews Out Helium, Forces Closure of Two Schools
Paul McMaster: Equipment Needed to Save Lives Was Here
Chavez: US Weapon Test Caused Haiti Earthquake – video
Scalar Wars Weaponized
Tectonic Weapons in Play – Big Earthquakess Being Triggered
The Judas Factor
Death of UFO Expert Paul Vigay ‘a Mystery’
Military Outsources Rescue Ops, Secret Tagging Tech

Ron Paul Bill Seeks Coin and Bullion Tax Ban

From: coinnews

Congressman Ron Paul [R-TX] on Wednesday introduced legislation that would, if signed into law, end taxes on coins and bullion and repeal legal tender laws. The bill’s lofty goal is to reintroduce a system of competing currencies.

“At this country’s founding, there was no government controlled national currency. While the Constitution established the Congressional power of minting coins, it was not until 1792 that the US Mint was formally established,” Rep. Ron Paul said.

“In the meantime, Americans made do with foreign silver and gold coins. Even after the Mint’s operations got underway, foreign coins continued to circulate within the United States, and did so for several decades.

H.R. 4248, or the Free Competition in Currency Act of 2009, includes several measures to end government controlled currency. One is to repeal Section 5103 of Title 31 of the United States Code which includes legal tender language that, according to Ron Paul, should not exist.

“There is nothing in the Constitution that grants the Congress the power to enact legal tender laws. We, the Congress, have the power to coin money, regulate the value thereof, and of foreign coin, but not to declare a legal tender. Yet, there is a section of US Code, 31 USC 5103, that purports to establish US coins and currency, including Federal Reserve notes, as legal tender.”

Entire Article Here

Brace Yourself for the Coming Gold Shortage

From: zerohedge

Brace yourself for the impending gold shortage. Gold shortage? Yup. With the launch of a flurry of ETF’s devoted to the barbaric relic recently, total ETF holdings have soared well past 60 million ounces worth $65 billion, more than total world production in 2009. The grand Daddy of them all, the SPDR Gold Shares (GLD), now has a staggering $42.7 billion of the yellow metal, making it the second largest ETF by market capitalization, and the fifth largest gold owner in the world.

When gold suffered a hair raising $150, 12% pull back from the all time high in December, I was deluged by traders asking if this was the peak, if it was the final blow off top, and if gold is finished as an asset class. My answers were no, never, and not on your life.

A tidal wave of fiat paper currencies is now flooding the world financial system at an increasingly alarming rate. Obama has not suddenly become a paragon of fiscal restraint. Bernanke has not morphed into a tightwad. When I pull a dollar bill out of my wallet, it’s as limp as ever.

Entire Article Here

Jim Cramer (‘Mad Money’) Says Bernanke, Geithner, Illuminati, Trilateral Commission, and Queen of England Are Great

“Bernanke’s doing everything right.”

— Jim Cramer CNBC

G. Edward Griffin: The “Federal” Reserve is a Privately Owned Cartel

Cramer goes into how he fell in love with Bernanke & Geithner after they “saved” the day

Then in reference to the scandal about Geithner & AIGd he states “You know what, the Bavarian Illuminati, the Trilateral Commission, Goldman Sachs, & The Queen of England are not all bad!”

Then the paid […] switches the subject & then they do a 3 minute ad on air for Apple!