It
Is Mathematically Impossible To Pay Off All Of Our Debt
Did
you know that if you took every single penny away from everyone in the United
States that it still would not be enough to pay off the national debt?
Today, the debt of the federal government exceeds $145,000 per household, and it is getting
worse with each passing year. Many believe that if we paid it off a little
bit at a time that we could eventually pay it all off, but as you will see
below that isn’t going to work either. It has been projected that
“mandatory” federal spending on programs such as Social Security, Medicaid and
Medicare plus interest on the national debt will exceed total federal revenue
by the year 2025. That is before a single dollar is spent on the U.S.
military, homeland security, paying federal workers or building any roads and
bridges. So no, we aren’t going to be “paying down” our debt any time in
the foreseeable future. And of course it isn’t just our 18 trillion
dollar national debt that we need to be concerned about. Overall,
Americans are a total of 58 trillion dollars in debt. 35
years ago, that number was sitting at just 4.3 trillion dollars. There is
no way in the world that all of that debt can ever be repaid. The only
thing that we can hope for now is for this debt bubble to last for as long as
possible before it finally explodes. (Read More....)
The Greek
government says that a “moment of truth” is coming on June 5th. Either
their lenders agree to give them more money by that date, or Greece will
default on a 300 million euro loan payment to the IMF. Of course it won’t
technically be a “default” according to IMF rules for another 30 days after
that, but without a doubt news that Greece cannot pay will send shockwaves throughout
the financial world. At that point, those holding Greek bonds will start
to panic as they realize that they might not get paid as well. All over
Europe, there are major banks that are holding large amounts of Greek debt and
derivatives that are related to the performance of Greek debt. If
something is not done to avert disaster at the last moment, a default by Greece
could be the spark that sets off a major European financial crisis this summer.
(Read More....)
Do you
remember what happened when Cyprus decided to defy the EU? In the end,
the entire banking system of the nation collapsed and money was confiscated
from private bank accounts. Well, the nation of Greece is now approaching
a similar endgame. At this point, the Greek government has not received
any money from the EU or the IMF since August 2014. As you
can imagine, that means that Greek government accounts are just about bone
dry. The new Greek government continues to insist that it will never
“violate its anti-austerity mandate”, but the screws are tightening.
Right now the unemployment rate in Greece is over 25 percent and the banking
system is on the verge of collapse. It isn’t going to take much to set
off a panic, and when it does happen there are already rumors that the EU plans
to confiscate money from private bank accounts just like they did in Cyprus. (Read More....)
Did you
know that there is more than $28,000 of debt for every man, woman and child on
the entire planet? And since close to 3 billion of those people survive
on less than 2 dollars a day, your share of that debt is going to be much
larger than that. If we took everything that the global
economy produced this year and everything that the global
economy produced next year and used it to pay all of this debt, it still would
not be enough. According to a recent report put out by the McKinsey
Global Institute entitled “Debt and (not much)
deleveraging“, the total amount of debt on our planet has grown from 142
trillion dollars at the end of 2007 to 199 trillion dollars today. This
is the largest mountain of debt in the history of the world, and those numbers
mean that we are in substantially worse condition than we were
just prior to the last financial crisis. (Read More....)
You
may not have noticed, but our planet is becoming increasingly unstable.
According to Volcano Discovery, 40 volcanoes
around the globe are erupting right now, and only 6 of them are not along the
Ring of Fire. If that sounds like a very high number to you, that is
because it is a very high number. As I have written about previously,
there were a total of 3,542 volcanic
eruptions during the entire 20th century. When you divide that number
by 100, that gives you an average of about 35 volcanic eruptions per
year. So the number of volcanoes that are erupting right now is well
above the 20th century’s average for an entire calendar year.
And of course we are witnessing a tremendous amount of earthquake activity as
well. Nepal was just hit by the worst earthquake that it had seen in 80 years, and scientists are telling
us that the Himalayas actually dropped by an astounding 3 feet as
a result of that one earthquake. How much more does our planet have to
shake before people start paying attention? (Read More....)
Some
really weird things are happening in the financial world right now. If
you go back to 2008, there was lots of turmoil bubbling just underneath the
surface during the months leading up to the great stock market crash in the
second half of that year. When Lehman Brothers finally did collapse, it
was a total shock to most of the planet, but we later learned that their problems
had been growing for a long time. I believe that we are in a similar
period right now, and the second half of this year promises to be quite
chaotic. Apparently, those that run some of the largest exchange-traded
funds in the entire world agree with me, because as you will see below they are
quietly preparing for a “liquidity crisis” and a “market meltdown”. About
a month ago, I warned of an emerging “liquidity squeeze“, and now analysts all over the
financial industry are talking about it. Could it be possible that the
next great financial crisis is right around the corner? (Read More....)
What are
we going to do once all the water is gone? Thanks to the worst drought in
more than 1,000 years, the western third of the country is facing the greatest
water crisis that the United States has ever seen. Lake Mead is now the
lowest that it has ever been since the Hoover Dam was finished in the 1930s,
mandatory water restrictions have already been implemented in the state of California, and there
are already widespread reports of people stealing water in some of the worst
hit areas. But this is just the beginning. Right now, in a
desperate attempt to maintain somewhat “normal” levels of activity, water is
being pumped out of the ground in the western half of the nation at an absolutely
staggering pace. Once that irreplaceable groundwater is gone, that is
when the real crisis will begin. If this multi-year drought stretches on
and becomes the “megadrought” that a lot of scientists are now warning about,
life as we know it in much of the country is going to be fundamentally
transformed and millions of Americans may be forced to find somewhere else to live. (Read More....)
The
UN plans to launch a brand new plan for managing the entire globe at the
Sustainable Development Summit that it will be hosting from September 25th to
September 27th. Some of the biggest names on the planet, including Pope
Francis, will be speaking at this summit. This new sustainable agenda
focuses on climate change of course, but it also specifically addresses topics
such as economics, agriculture, education and gender equality. For those
wishing to expand the scope of “global governance”, sustainable development is
the perfect umbrella because just about all human activity affects the
environment in some way. The phrase “for the good of the planet” can be
used as an excuse to micromanage virtually every aspect of our lives. So
for those that are concerned about the growing power of the United Nations,
this summit in September is something to keep an eye on. Never before
have I seen such an effort to promote a UN summit on the environment, and this
new sustainable development agenda is literally a framework for managing the
entire globe. (Read More....)
Did
you know that 89 percent of all minimum wage workers in the United States are
not teens? At this point, the average age of a minimum wage worker in
this country is 36, and 56 percent of them are women. Millions upon
millions of Americans are working as hard as they can (often that means two or
three jobs), and yet despite all of their hard work they still find themselves
mired in poverty. One of the big reasons for this is that we have created
two classes of workers in the United States. “Full-time workers” are
entitled to an array of benefits and protections by law that “part-time workers”
do not get. And thanks to perverse incentives contained in Obamacare and
other ridiculous laws, we have motivated employers to move as many workers from
the “full-time” category to the “part-time” category as possible. It may
be hard to believe, but right now only 44 percent of all U.S. adults are employed for 30 or
more hours each week. But to get any kind of a job at all is a real
challenge in many parts of the country today. As you read this article,
there are more than 100 million
working age Americans that are not employed in any capacity. And
according to John Williams of
shadowstats.com, if the federal government was actually using honest
numbers the unemployment rate would be sitting at 23 percent. That is not
an “employment recovery” – that is a national crisis. (Read More....)
What
Is Causing The Strange Trumpet Sounds In The Sky All Over The World?
All
over the globe, people are recording extremely loud sounds coming from the
sky. In many instances, these ominous noises sound like someone is
blowing a trumpet. So what are we supposed to make of these “apocalyptic”
sounds? Should we be concerned? Well, what we do know is that this
is truly a global phenomenon. In addition to being heard at locations all
over the United States and Canada, these sounds have also been recorded in
Germany, Hungary, the Czech Republic, Denmark, Sweden, England, Costa Rica, Ukraine
and France. If you go to YouTube and type in “strange sounds”, you will
literally get hundreds of results from all over the planet. Of course
there are many scientists that insist that there must be a “rational
explanation” for these strange sounds. Some theories have suggested
fracking, “rock bursts”, venting of high-pressure gas, atmospheric pressure or
the natural “background noise” of our planet as the causes of these sounds, but
so far none of those theories have been proven. But two things seem certain
– these noises sure are creepy, and they just keep on happening. (Read More...)
Is
This Global Drought Being Caused By The Systematic Destruction Of The
Hydrologic Cycle?
Have
you noticed that severe drought seems to be gripping much of the planet right
now? You probably have. But why is this happening? Could it
be possible that we are doing this to ourselves? Many want to try to link
the rise and fall of precipitation levels to temperature variations, but there
is something much more obvious that they are overlooking. Trees play an
absolutely critical role in our water cycle, and every single minute
the amount of land that is deforested around the globe is equivalent to 36
football fields. By extracting water from the soil and releasing
it into the atmosphere, trees provide a critical link in the hydrologic cycle
that we all depend upon. If there were no more trees, life on this planet
would become exceedingly difficult for humanity. So the fact that we are
literally ripping the lungs out of the planet is a very big deal. (Read More...)
During
the Iraq war more than 4,000 U.S. soldiers died, countless others were severely
injured, and the total cost to U.S. taxpayers was more than 2 trillion
dollars. But now whatever the U.S. military accomplished during that war
is being completely undone by ISIS. On Monday, we learned that ISIS had
fully taken control of the
strategically important city of Ramadi. Despite nine months of
airstrikes by the U.S. military, ISIS continues to move forward and take new
territory. Just a few years ago, American soldiers fought some incredibly
bloody battles on the streets of Ramadi, but now that city is in the hands of
the most ruthless terror organization on the entire planet. And since it
is only about 70 miles from Baghdad, Ramadi is going to make a fine staging
area for an all-out assault on the capital. No matter how you cut it, the
cold, hard reality of the matter is that the United States is losing in Iraq
and ISIS is winning. So what will the U.S. do if ISIS actually takes
control of the entire country? (Read More...)
No
wonder Washington never changes – 79 members of Congress have been there since
Bill Clinton’s first term in the White House. This list
includes names such as Reid, Feinstein, McConnell, McCain, Pelosi, Boehner,
Rangel and Boxer. In this article, I am going to share with you a
complete list of the members of Congress that have been “serving” us for at
least 20 years. They believe that they are “serving” us well, but without
a doubt most Americans very much wish that true “change” would come to
Washington. In fact, right now Congress has a 15 percent approval
rating with the American people, and that approval rating has been
consistently below 20 percent since mid-2011. So of course
we took advantage of the 2014 mid-term election to dump as many of those
Congress critters out of office as we possibly could, right? Wrong.
Sadly, incumbents were re-elected at a 95 percent rate in
2014. This just shows how broken and how corrupt our system has
become. The American people absolutely hate the job that
Congress is doing, and yet the same clowns just keep getting sent back to
Washington again and again. (Read More...)
The
history books tell us about how evil and wicked the Nazis were, so why aren’t
we more alarmed that the United States is becoming more like Nazi Germany with
each passing day? More than three years ago, I wrote an article entitled
“25
Signs That America Is Rapidly Becoming More Like Nazi Germany” which got a
ton of attention. Unfortunately, nothing has gotten better since I first
published that piece. Government control freaks are still watching us,
tracking us, recording our phone
calls and monitoring our emails. TSA thugs at our airports are still
fondling the private parts of our women and children and laughing while they
do it. Our police and our military are still training for civil
unrest and martial law in America. And even though our politicians
are socializing our economy and destroying our constitutional freedoms, the
American people keep sending most of them back to Washington time after
time. It is an incredibly sad thing to watch the country that you love
slowly die right in front of your eyes. (Read More...)
Will
a UN Security Council resolution formally recognizing the establishment of a
Palestinian state be passed by the end of 2015? Now that the Vatican has
formally recognized a Palestinian state, there is a tremendous amount of
international momentum for precisely such a UN Security Council
resolution. In fact, France plans to push really
hard for one by the end of this year. At this point, the only thing
that could derail those plans is Barack Obama. For years, the threat of a
Security Council veto has been the one thing stopping a resolution from moving
forward. But now that Benjamin Netanyahu has been re-elected and has put
together a cabinet that does not seem inclined to negotiate with the
Palestinians, the Obama administration is pledging to “reevaluate our approach”
and says that it will not “prejudge” what it will do if a vote comes up at the
United Nations. And as you will see below, one news source is now
reporting that behind the scenes Barack Obama has already given the “green
light” for France to go ahead with a resolution on a Palestinian state at the
UN. If this is truly what Obama plans to do, it will absolutely shatter
U.S. relations with Israel and plunge the entire Middle East into chaos. (Read More...)
What
would you do if you discovered that someone had sealed four kittens in a
cardboard box with duct tape and tossed them in a dumpster? What would
you do if you personally witnessed someone toss a cat out of a vehicle that was
moving down the road at high speed? As America becomes increasingly
cold-hearted, people are doing things to animals that are incredibly sick and
disgusting. It has been said that a society is judged by how it treats
those that are most vulnerable, and our pets are completely and totally
dependent on us for their welfare. When we treat them like garbage, it
reveals what is truly in our own hearts. If you have a weak stomach, you
may not want to read this article. Some of the things that people are
doing to cats in this country are absolutely horrific. (Read More...)
http://albertpeia.com/americansickos.htm
Pulitzer
Prize winning investigative journalist Seymour Hersh has uncovered one of the
biggest lies in modern American history. It turns out that much of what
the American public was told about the raid that killed Osama bin Laden was a
blatant lie. According to Hersh, Osama bin Laden had been captured by
Pakistan all the way back in 2006, and he was being held by the ISI as a
prisoner at the Abbottabad compound that the Seals ultimately raided in
2011. In addition, Hersh says that the ISI and Pakistan’s military knew
about the Seal raid in advance. Arrangements were made so that the Black
Hawk helicopters could travel through Pakistani airspace safely, and the ISI guards
at Osama bin Laden’s compound were pulled away before the Seals got
there. And by that time, Osama bin Laden was reportedly in such bad
health that he was essentially a cripple. There was no “firefight” at all
– only a turkey shoot. Afterwards, Osama bin Laden’s body never made it
to the USS Carl Vinson for a “burial at sea”. That was all just part of
the cover story according to Hersh. Of course the White House and Obama’s lackeys at CNN are
strongly denying all of this, and they will continue to deny the truth for as
long as they possibly can. But there are individuals in the U.S. military
and in the U.S. intelligence community that can come forward and tell us what
really happened. Let us hope that at least some of those individuals
still care enough about this country to do that. (Read More...)
If
the government does not like the way that you are raising your kids, they will
come in and grab them at any time without giving any warning whatsoever.
Of course this is completely and totally unlawful, but it has been happening
all over America. The most recent example of this that has made national
headlines is particularly egregious. Joe and Nicole Naugler of
Breckinridge County, Kentucky just had their 10 children brutally ripped away
from them just because the government does not approve of how they are living
their lives and how they are educating their young ones. Let’s be very
clear about this – Joe and Nicole had done nothing to violate the law
whatsoever. All of their kids were happy, healthy and very
intelligent. But because the control freaks running things in Kentucky
got wind of their “off the grid lifestyle”, they have now had all of their
children unlawfully abducted from them. (Read More...)
If you
are an American, there is a 1 in 3 chance that you will get cancer during your
lifetime. If you are a man, the odds are closer to 1 in 2. And
almost everyone in America either knows someone who currently has cancer or who
has already died from cancer. But it wasn’t always this way. Back
in the 1940s, only one out of every sixteen Americans would develop
cancer. Something has happened that has caused the cancer rate in this
nation to absolutely explode, and it is being projected that cancer will soon
surpass heart disease and become the
leading cause of death in the United States. Overall, the World
Health Organization says that approximately 14 million new cases of cancer are
diagnosed around the globe each year, and the number of new cases is expected
to increase by about 70 percent over the
next 2 decades. There are very few words in the English language that
cause more fear than the word “cancer”, but despite billions spent on research
and all of the technological progress we have made over the years this plague
just continues to spiral wildly out of control. Why is that? (Read More...)