The biggest winner of the 2016 election is the anarchist. Despite what you think of Trump, there can be no doubt: globalism is dead. The anarchist’s centuries long battle against the centralization of power has finally turned in his favor. The power elite may never recover from this defeat. However crude his presidency may turn out to […]
Tag Archives: Financial Crisis
Anarchy in the USA
The Long Night of American Retail
A nurse must portray a sincere sense of caring, but more than that, a calm, unemotional competence. They want to create the impression that everything is under control, even when death is certain. The job of a palliative care worker is to create the illusion of health for those who are dying, to make the symptoms of […]
Exponential Growth and the Inevitable Collapse of Medicare Explained
I’m continually surprised that many people do not understand what I mean when I say that Medicare spending at the federal level is growing at an exponential rate. I recently discussed this issue through Twitter with Jeffery Sachs, a Harvard Ph.D. and long time advisor to the United Nations, and even he didn’t see that […]
Updated Healthcare Spending Graphs Are as Bleak as Ever
In 2012, I created this chart, which mapped out US federal government spending on healthcare from 1960 to the Congressional Budget Office’s projections up to 2022, which was the most recent data they had available at the time. For a while now, I’ve wanted to update that chart to address some criticisms people had. First, […]
Seven Reasons Bernanke’s Failure to Taper Portends Doom
Yesterday, Federal Reserve Chairman Ben Bernanke announced that the government would not slow its bond purchasing (money printing) because the economy had not yet improved sufficiently. The magnitude of this decision is still being absorbed, but may have negative effects on the entire world in the coming years. How exactly? This might be a bit […]
Poland Confiscates Retirement Accounts and Yes, It’s Coming Here
Poland recently announced that it was nationalizing the country’s private retirement accounts, their equivallent of 401(k)s. While residents will continue to have access to the funds just as they normally would, the move places private assets on the country’s public balance sheet. While this maneuver was in the works for sometime, of course, the devil […]
US, UK, and Canada Have Plan To Allow Banks to Seize Depositor Accounts
In our last story, we noted how government backed loans in the housing market encourages rising home and rent prices throughout the nation, a transfer of wealth from almost every single American to various establishment organizations. Now we have another example of banks transferring risk to the taxpayer. The term “Too Big To Fail” should […]
Government Pushes For a New Housing Bubble; Backs Subprime Loans With Taxpayer Dollars
The divide between what the majority of people want verses what the establishment wants is never greater than it is when discussing property values. Those who have assets want them to rise in price, while the poor and those just starting out want lower prices they can afford. Of course, they have no political power. […]
James Howard Kunstler on PeakProsperity.com
This is a repost from Chris Martenson’s website PeakProsperity.com where he interviews author James Howard Kunstler on the state of the US society and economy. It’s a great interview and worth reposting here for posterity. Kunstler touches on a lot of themes, most notably the ongoing collapse of key infrastructure which amounts to an ongoing, […]
Alien vs Predator: Election 2012 Post-Mortem
“Whoever wins, we lose.” That was the tagline for 2004’s critical bomb Alien vs. Predator where two franchises battle on Earth for supremacy. I haven’t seen it, but looking at the recent election, there seems to be something to the comparison — powerful forces fighting each other for control of the planet, it’s current inhabitants irrelevant […]