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Posts Tagged ‘Money

US Set To Unleash Final Weapons of Economic Mass Distruction.

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As Toronto Star National Affairs Columnist, Thomas Walkom outlines in his article on November 13, 2010 the United States government has failed to solve it’s massive financial problems and is about to throw their final desperate financial hail Mary in hopes of avoid the seemingly inevitable economic collapse that looms for it’s citizens.

Here’s a really brief recap of his comments:

  1. Global trade imbalance: China makes and exports too much  and the US makes too little and imports too much.
  2. Unmanageable US debt: US losing the ability to borrow from the global markets to fund two long wars and massive taxes cuts.
  3. Political paralysis in the US virtually assures no real solutions are on the political horizon.
  4. Currency war: With all options exhausted the US will begin printing money and flooding Capital markets with devalued US dollars – so-called quantitative easing. But countries that historically supported the US are running away from the US dollar faster than the Fed can print them.

Written by mattliving

November 13, 2010 at 11:57 am

The European Debt Endgame Approaches

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Greece owes $367 Billion to Other EU nations, Ireland owes $865 Billion to Other EU nations,
Spain owes $1 TRILLION mainly to France, Britain Germany, Italy owes $1 TRILLION mainly, to France, Britain Germany and so on and so on…

How can broke economies lend money to other broke economies who haven’t got any money because they can’t pay back the money the broke economy lent to the other broke economy and shouldn’t have lent it to them in the first place because the broke economy can’t pay it back.

The question is not when this game is going to end but how many millions of citizens are going to be absolutely devastated by the ultimate economic solution facing these and all other nations on this planet?

Written by mattliving

June 19, 2010 at 9:06 am

Slavery Evolved.

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Gold is the money of kings;
silver is the money of gentlemen;
barter is the money of peasants;
but debt is the money of slaves.

— Norm Franz

Get free…
Canada | United States.

Written by mattliving

November 18, 2009 at 11:32 am

The U.S. Dollar Will Collapse – FED Governor Warns.

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Written by mattliving

September 30, 2009 at 9:28 am

Posted in Money, Survival

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Fight For Competitive Broadband in Canada!

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Picture 1

We hope that you will consider supporting and participating in this campaign. We believe that if the CRTC decision to allow Bell and Telus to decide whether or not to provide competitor access to broadband is not changed, prices for broadband and other next generation telecom services to all customers will spiral upwards, innovation and service will suffer, and business customers will have little or no power to protect their interests. Show Your Support!

Written by mattliving

September 26, 2009 at 10:38 pm

Capitalism Is A Ponzi Scheme and We’re The SUCKERS. Oh And Wolf Blitzer is a Fuckin’ Moron!

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Wolf Blitzer is a fuckin’ moron! What self-respecting “journalist” would interview a director about his film without having watched it and use other people’s quotes to form questions? Like I said Wolf’s a fuckin’ moron and the just one cog in the mainstream corporate/capitalist propaganda machine.

If Tyranny and Oppression come to this land, it will be in the guise of fighting a foreign enemy. — James Madison

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‘When the government fears the people it is a democracy….when the people fear their government it is tyranny…’ — Thomas Jefferson

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Those who give up essential liberties for temporary safety deserve neither liberty nor safety. — Benjamin Franklin

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The spirit of resistance to government is so valuable on certain occasions, that I wish it to be always kept alive.– Thomas Jefferson

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The means of defense against foreign danger historically have become the instruments of tyranny at home. – James Madison

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The people can always be brought to the bidding of the leaders…tell them they are being attacked, and denounce the peacemakers for lack of patriotism and exposing the country to danger. – Herman Goering

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I love America more than any other country in this world, and, exactly for this reason, I insist on the right to criticize her perpetually. – James Baldwin

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Anyone who has the power to make you believe absurdities has the power to make you commit injustices. – Voltaire

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The cry has been that when war is declared, all opposition should be hushed. A sentiment more unworthy of a free country could hardly be propagated. – William Ellery Channing

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“If there be one principle more deeply written than any other in the mind of every American, it is that we should have nothing to do with conquest.” — Thomas Jefferson

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Criticism in a time of war is essential to the maintenance of any kind of democratic government. – Sen. Robert Taft, (R) Ohio

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Fascism will come wrapped in a flag and carrying a Bible. ~ Sinclair Lewis 1935

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“Patriotism is the last refuge of scoundrels.” – Samuel Johnson

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“If the American people ever allow the banks to control issuance of their currency, first by inflation and then by deflation, the banks and corporations that grow up around them will deprive the people of all property until their children will wake up homeless on the continent their fathers occupied.” -Thomas Jefferson

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“The individual is handicapped by coming face to face with a conspiracy so monstrous he cannot believe it exists.” -J. Edgar Hoover, former head of the FBI

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BEWARE THE LEADER WHO BANGS THE DRUMS of war in order to whip the citizenry into a patriotic fervor, for patriotism is indeed a double-edged sword. It both emboldens the blood, just as it narrows the mind. And when the drums of war have reached a fever pitch and the blood boils with hate and the mind has closed, the leader will have no need in seizing the rights of the citizenry. Rather, the citizenry, infused with fear and blinded by patriotism, will offer up all of their rights unto the leader and gladly so. How do I know ? For this is what I have done. And I am Caesar.”  – Anonymous

Written by mattliving

September 25, 2009 at 9:29 am

US Health Care Spends $400 Billion on Administration Fees

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health_insurance_costsMedicalNewsToday: The U.S. wastes more on health care bureaucracy than it would cost to provide health care to all of the uninsured. Administrative expenses will consume at least $399.4 billion out of total health expenditures of $1,660.5 billion in 2003. Streamlining administrative overhead to Canadian levels would save approximately $286.0 billion in 2003, $6,940 for each of the 41.2 million Americans who were uninsured as of 2001. This is substantially more than would be needed to provide full insurance coverage.

bspcomment You really must ask yourself how much would be saved if insurance companies were removed entirely from the health process?

Written by mattliving

May 19, 2009 at 7:38 am