Virginia to Explore Alternative to Federal Reserve Notes

Rumblings from the former Confederacy . . . HOUSE JOINT RESOLUTION NO. 557 Offered January 12, 2011 Prefiled January 5, 2011 Establishing a joint subcommittee to study whether the Commonwealth should adopt a currency to serve as an alternative to the currency distributed by the Federal Reserve System in the event of a major breakdown [...]

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U.S. Drifting from Financial Crisis to Social Crisis

The inevitable consequence of the looting of the American people is upon us. The ruling class controls the wealth while the impoverished masses scrounge for sustenance. Expect more outbursts, more security clampdowns, more abuse of citizens by agents of the state, and more restrictions of speech. There is a telling detail in the US retail [...]

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Britons Plan ‘Huge’ Protest Over Government Cuts

File this article under “civil unrest.” The year 2011 may well be the year of the popular uprising as austerity hits home throughout the developed world. The unrest will be more acute in Europe than in the U.S. because the U.S. isn’t as highly socialized and fewer people are dependent on government largess—so far. Unions [...]

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Pentagon Is Wargaming ‘Large-Scale Economic Breakdown’

From CNBC: “In the Army, they’re having a very interesting year-long exercise called ‘Unified Quest 2011,’ and in that wargaming series they’re looking at the implications of large-scale economic breakdown inside the United States that would force the Army to keep ‘domestic order among civil unrest’ . . .”

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St. Petersburg Cops Cut Up Tents of Homeless

In the 21st Century Depression, people living in Hoovervilles aren’t left alone. They’re kicked in the teeth when they’re down. “Police officers with box cutters showed up where St. Pete’s tent city residents had moved and set up. The cops slashed their tents to the ground as residents watched in shock. Now one homeless group [...]

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New Federal Act Would Devastate Small Farmers

The ability of private U.S. citizens to grow their own food and store their own seeds is on the verge of being severely restricted if not outright eliminated: A Senate bill to protect against contamination could leave small East Texas farmers and others across the nation devastated.  The Food Safety Modernization Act has been called the “most dangerous [...]

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U.S. Corporations Are on a Spending Spree—Overseas

The new dollars being debited from the account of us, the American people, and on which we will pay interest, are going toward the purchase of products and the employment of people in other countries. This is a fine example of the way in which we’re forced to finance our own disenfranchisement. In the 21st [...]

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Guards at Indiana Unemployment Offices Being Armed

The state takes another step toward protecting itself against the people. As people become more acutely impoverished and desperate, we can expect to see more armed guards arrayed against them. All of Indiana’s 36 unemployment offices are stepping up security and adding armed guards. The Indiana Department of Workforce Development said having guards at its [...]

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Washington Post Columnist Calls for More War to Save Economy

Washington Post columnist David Broder suggests that the U.S. incite a war with Iran in order to save the economy. Then he says he’s not suggesting the President incite a war in order to get re-elected. This makes inciting a war for economic reasons acceptable, apparently. What else might affect the economy? The answer is [...]

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Wall St. Journal: Dollar is Collapsing—But Don’t Buy Gold!

The Wall Street Journal—the financial establishment’s rag of record—is sounding a little schizophrenic these days: On the one hand it is observing that the dollar is resuming its slow-motion demise. On the other, it is parroting warnings to investors not to buy gold, which would be one of the classic ways to defend oneself against [...]

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