Showing posts with label collapse. Show all posts
Showing posts with label collapse. Show all posts

Web of Debt, The Shocking Truth About Our Money System

Posted by Mike at 1:53 AM

Author Ellen Hodgson Brown talks about her book, how money is created by the banks using an illusion and how we can fix the coming economic meltdown. This is the video the Federal Reserve and the banking elite don't want you to see.

VICTORVILLE MODEL HOMES DEMOLISHED - SHOCKING VIDEO: Part 5

Posted by Mike at 1:53 AM

Victorville model homes being demolished.BREAKING NEWS Developing: Another bank will begin the tear down of 20 Temecula homes in Southern California.NEW HOMES DEMOLISHEDBy Patrick Thatcher, staff writer for, Daily PressVictorville- The housing collapse is taking a literal form for one bankrupt housing development. Four model homes and 12 nearly finished spec homes at Bear Valley Road and Highway 395 are being demolished.The developer filed bankruptcy about 18 months ago and the foreclosed property went to Guaranty Bank in Irvine.A Guaranty Bank official, Real Estate Officer Dean Smith, said they were facing daily fines from the city of Victorville if they didnt do something with the homes and property that not up to code. He said it was a choice of pumping their own money into property site improvements and additional money to bring the home up to code or tear down the 16 homes.Smith said the bank is not in the building or land development business and because of the current housing market does not see anything happening with the property for at least five years.Our only option is to either proceed with putting more than a million bucks into the land, which weve already taken a huge hit on and lost a lot of money, or, we tear down the houses, Smith said.He said the builder put up the homes before completing the site improvements and failed to have enough money to finish roads, walls, and other improvements that bring the community into code.Everything just fell apart at that point and we cant sell homes that are not up to code, Smith said.He said the city of Victorville fined the bank once because the home are out of code and would have faced daily fines if Guaranty didnt do something with the vacant houses. There are still substantial dollars that need to be put into the land before the city of Victorville will give certificates of occupancy on the houses and the bank isnt willing to put forward that amount of money, Smith said.He said the homes are a liability to Guaranty and that all of them are heavily vandalized inside and out with broken glass everywhere.Our projections are that those houses would sit the way they are for at least five years, what would they be worth then? Smith said.He said once the homes are demolished the property will be put on the market again. Calls to the developer were not returned.Patrick Thatcher may be reached at 760-951-6227 or at pthatcher@VVDailyPressVideo 1com/watch?v=qvrc7x...Video 2com/watch?v=COy1Yy... Bank Bailout Funds Hard At Work Part 3Video 3com/watch?v=B0vDkw...video 4com/watch?v=JGwTyw... I want to give a SPECIAL thanks to Mike "Mish" Shedlock for helping me get this very disturbing housing story out to the public.globaleconomicanalysis.blogspo...

The Economic Collapse of '09 - Economic Apocalypse - Depression and Revolution

Posted by Mike at 1:52 AM

You can't print money based on nothing, and you can't spend your way out of this problem, you must produce your way out, were two excellent points made by Glenn Becks guest; he gets it. Too bad out President, Mr. Obama doesn't get it. He also said: The only thing you have in this life is your dignity, and the only thing you leave behind are your words. Of course you leave behind a lot of junk, people who love or hate you, and maybe some videos on Youtube, but his point was that when you are gone, people will only know what you stood for by looking at your work; what you did and said. So you had better mean what you say, and say what you mean.Here's a rookie economic theory that I've had for quite a few years, and it involves China. For the last 20 plus years we have been buying more and more cheap products from China, which caused us to lose high paying jobs. People would then get lower paying jobs, but with the lower cost of goods because of the cheap imports, and with the government supplementing their income with various government programs, they did OK.Part two: The government has been running massive deficits, while at the same time the FED has been pumping massive amounts of money into the economy. One would think that this would cause a lot of inflation. I think the reason that it has not, is because of the cheap imports; they have kept downward pressure on prices. But I think we have reached a saturation point were we have replaced almost everything that used to be manufactured here, with cheap imports, therefore prices will not continue to fall. What will keep inflation down now? And now with all of this money that's being pumped into the economy, I believe that real inflation, and quite possibly hyperinflation, is on the way.Well that's my little theory, its not very well explained, because on top of not being an economist, I'm also not a writer.jbranstetter04Surviving the Coming Economic CollapseThe coming economic collapse I speak of is a meltdown in the value of the USD. This is going to be caused by hyperinflation. Hyperinflation is when the money creator, the Federal Reserve in this case, prints money nonstop and technically goes over 100% inflation rate. This means that at the end of the year, your money will only buy half of what it did at the beginning. It quickly spirals out of control as the government prints more and more and more to cover its obligations which get harder and harder to do because the money gets worth less and more worth less until it is worthless (note the spaces). If you want to see a good example, look at Zimbabwe now, Wiemar Germany post-WW1, and some others. Toilet paper will literally be worth more than a dollars. There will be so much around you will have no problem keeping warm in the winter cause you can burn it. How did we get here? Well, it all started in 1913 with the Federal Reserve Act and creation of the Federal Reserve. The Federal Reserve has the sole ability to print money. Originally, we were still on a gold standard but this officially ended in 1933-35 when FDR outlawed ownership of gold, confiscated gold, and only allowed foreigners to exchange dollars for gold. Then in 1971 Nixon, after all the printing going on to pay for the Vietnam war and to pay for the newly founded welfare society created by LBJ's "Great Society", had printed far more dollars than we could cover at the $35/ounce of gold. He told everyone to basically puck off; youre not getting any gold because we ran out. After that, the inflation really took off. This was because of the deficit spending from the national government for this program and that program and this war and that war and their unwillingness to increase visible taxes because if people knew how much these programs and wars really cost and how ineffective they really are, they might not like the people in government so much and we might have a repeat of 1776. Inflation though, is a hidden tax. It steals not your money, but your purchasing power. If the money supply increases 10%, your money has lost 10% of its power. This is what has caused the steady rise in prices over the decades. The sharp rise in gas is directly caused by inflation since 2001 and it's going to kill the dollar, the life blood of our economy.com/forums/9/to...

Peter Schiff 1/2/09 - Bloomberg Money & Politics

Posted by Mike at 1:50 AM

In this video Peter says that 2008 was the worst year "ever" for stocks, but he thinks that they will be headed a lot lower in 2009, 2010, and 2011. He says that everything that Obama has promised is going to be destructive to the entire U.S. economy. In regards to Bernanke being a "student of the Great Depression," Peter says, "if he were my student, I would have flunked him." Peter then talks extensively about the Great Depression and how it was the government that created the depression.net

Fiat Money and Gold vs. Silver

Posted by Mike at 1:43 AM

Fiat Money and Gold vs. Silver VideoLINKtrade-technicals.blo...

"Pondering our Post-Petroleum Future" with Michael Ruppert

Posted by Mike at 1:33 AM

Peak Moment 28: Michael Ruppert, publisher of FromTheWilderness, has made connections between money, Peak Oil, and geopolitics for years. He discusses his move to Ashland and offers specific to-do's around money and investment "in light of the imminent collapse of the U.S. economy": invest locally. You can read Michael Ruppert's current thinking at blogspot."Peak Moment: Community Responses for a Changing Energy Future" is an online television series showcasing perspectives and initiatives for local self-reliant living. The half-hour programs feature host Janaia Donaldson's conversations and tours with individuals and communities preparing for accelerating energy decline, climate chaos, and economic uncertainty. Visit tv for dvds with presenters/guests, and to sign up for the Peak Moment newsletter. Info: info@peakmoment.tv.

Summary to date: Money, Health, Consciousness, Peak Oil

Posted by Mike at 2:48 AM


I've finally completed the videos I wanted to make on the most important and unknown topics - with a few filler videos thrown in. In the future I hope to make a few positive changes to the channel. I also hope to go into more detail on many topics and cover some relatively unknown subjects which aren't as pressing as the first 40 or so videos. So... check out the previous videos if you have a chance or you can get everything in a more structured format in my book "The Real Story of Money, Health, and Religion" available for $1.25 at comThanks for watching so far and putting up with my monotone voice, poor presentation, etc. I'll try to do a little better in future videos. keywords:money health religion consciousness economic collapse peak oil hyperinflation diet zeitgeist food media lies ethics wake

"Where Does the Money Go?" National Debt - Bill Moyers

Posted by Mike at 2:26 AM


Made BEFORE the current crisis, more scary now. Scott Bittle and Jean Johnson discuss their book, "Where Does the Money Go?" and the mounting debt and deficit of America. They offer an estimate of the time until the failure of Medicare and Social Security, and general suggestions to address this problem.See I.O.U.S.A. the movie, visit the YouTube sitecom/watch?v=K0E-fw...See also Health care reform, a look at successful systems of Taiwan and Switzerland, probably acceptable to U.S., and similar to some existing U.S. models.com/watch?v=xxIOSc...Farm Subsidies: Welfare To The Wealthy, Costs You Billionscom/watch?v=Xc8rfQ...WELFARE for the Wealthy, as U.S. Poverty, Hunger Increasecom/watch?v=yGVFOr...Fall of Rome vs Failure of American Politics and Economycom/watch?v=lXGGm4...PBS Bill Moyers' personal take on Karl Rovecom/watch?v=hvdUZA...Iraq Cost Accounting, Bill Moyerscom/watch?v=fG9kYs...Earmarks, Washington Contributions, Corruption, Moyers pt1com/watch?v=ahhHlS...John McCain on earmarkscom/watch?v=vwjOcW...com/watch?v=EfCdGH...Free Lunch, Corp Welfare, Bill Moyers and David Cay Johnstoncom/watch?v=LUNHwZ...John C. Bogel and Moyers, Capitalism and Democracy Pt 1com/watch?v=0jNpQO...60 Minutes segment, third world charities providing healthcare for American working poor com/sections/i_vid...Visit the PBS archives to see the complete show and more of Bill Moyers.org/moyers