Source: Bob Chapman (The International Forecaster)

The Illuminists are desperate. They are appealing the Bloomberg directive to reveal who received funding to keep from going bankrupt from the Federal Reserve.

In addition HR 1207 will pass in the House this month. The question is in what form. No matter what happens the Illuminati knows we are hot on their trail. They have to do everything possible to end the depression, or go for broke.

Thus far there has been little recovery even with an official $23.7 trillion committed by the Treasury and the Fed. This number alone shows you how serious this situation is. Continue reading →

Source: Raw Story

Even though the unemployment rate has officially reached a 26-year high, there are indicators that the recession might not be worsening.

The US unemployment rate jumped to 9.7 percent in August as 216,000 jobs were lost, the government said Friday in a report showing improving labor market conditions.

The jobless rate rose three-tenths of a point to the highest since June 1983, but the data nonetheless showed an easing of the massive pace of job losses in an economy struggling to emerge from recession. Continue reading →

Source: Global Research

Austrian economist Ludwig von Mises (1881 – 1973) said:

“There is no means of avoiding a final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.”

Under Alan Greenspan, Ben Bernanke and successive US Treasury Secretaries, America chose the latter path and now faces the consequences of their reckless, criminal behavior.

In early 2009, economist Michael Hudson said: Continue reading →