ECONOMIC-COLLAPSE

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"There will be blood"
Source: The Globe and Mail

The global crisis is far from over, has only just begun, and Canada is no exception, Mr. Ferguson said in an interview before delivering a presentation to public-policy think tank, Canada 2020.

Majority Of U.S. States Join Sovereignty Movement, Assert 10th Amendment Rights
Source: newworldliberty.wordpress.com

A majority of states have bills passed or have proposed bills which affirm 10th Amendment rights. Some affirm additional rights and/or give specific reasons. New Hampshire has written the most aggressive legislation.

Urban Survival: Uncharted Waters

There is a bit to cover here, over a variety of topics, so I apologize in advance if this article wanders.

A letter of hope to my child during dark economic times

My child, you are loved. You are of value simply because you are, not what you do. My child, you are being called to patience, to love, to compassion toward others during these dark times. But in particular, you are being called to love yourself.

It Couldn't Happen Here. Could It?
Source: Common Dreams

PARIS--Most Americans don't care what happens in France. But the oldest country in "Old Europe" remains the Western world's intellectual capital and one of its primary originators of political trends. (Google "May+1968+Sorbonne.")

Capitalist Punishment - Bring on the Pillories
Source: The Washington Post

re: Executive Pay Caps

Yard Sale Nation: The Change Required to Salvage U.S Society Runs Much Deeper Than Most Imagine
Source: AlterNet.org

Say goodbye to the "consumer society." We're done with that. No more fast money and no more credit.

Goodbye to growth
Source: theecologist.org

The contraction of the global economic system bodes nothing but good for global ecosystems. Growth is dead – long live sustainability

Poverty Series: What The Top Fifth Doesn't Want The Bottom Four-Fifths To Know!

Would you say the definition of Poverty was wrong if 4/5ths Of Households Saw Little To No Income Growth Since 1967 on a percentage of total income basis? Could you further argue the definition to be flawed if the top one-fifth that did see significant income growth in that same …

The Roots of the Current "Recession"

I'm starting to see "experts" publishing their version of how the house of cards that was our financial system was built, by whom, and why it collapsed. Many of these people begin with the Clinton administration.

The Current Global Financial & Economic Crisis: Most Comprehensive discussion I've found on the subject
Source:

I went looking for the total dollar value of direvitives, I found it world wide the number is 500 to 600 Trilion dollars. The total yearly GDP for all the worlds economies is only 50 Trillion Dollars.

Military Preparing for Domestic Disturbances In U.S. Due To Economic Collapse
Source: Global Research

A new report from the U.S. Army War College talks about turning American troops on citizens if civil unrest brought about by a worsening economic crisis develops. >>The report from the War College's Strategic Studies Institute warns that the U.S.

Who Really Runs Washington and Why Americans Lose on Every Issue
Source: rightsidenews.com

After decades of leftist efforts to convert America's representative republic into a pure democracy, where 51% can take away the rights of the other 49% for the greater common good, we find our nation on the verge of political and economic collapse.

Rectitude Chic: The first Christmas in the age of restraint.
Source: Wall Street Journal

Is this the last Christmas of the old era, or the first Christmas of the new? Will people spend in a way that responds to what's around them (Nothing seems changed!) or to what they know is coming (Did you see this week's jobless numbers? Highest in 26 years!)? Will they go for s …

Russian Analyst Predicts Decline And Breakup of USA
Source: Drudge Report

A leading Russian political analyst has said the economic turmoil in the United States has confirmed his long-held view that the country is heading for collapse, and will divide into separate parts.

Too Big to Fail? You Win!

If you've ever read anything I've written or posted on this site, you might have a had time believing this, but the truth is I'm not really an anti-capitalist. As economic systems go, I think capitalism has done a lot to advance progress in the world.

Twelve myths about hunger; Hunger and poverty issues
Source: From the January/February 1999 issue of Share Inte

Today nearly 800 million people around the world experience hunger. But no one needs to go hungry. There is enough food for all. One of the greatest obstacles to ending hunger is the way we think about it.

End of the beginning?
Source: crookedtimber.org

The failure of Citigroup, which looks increasingly likely to happen in the near future, would mark the end of the beginning of the financial crisis.

Why the government should loan me a million dollars

I am amazed and a bit stupefied at the long list of companies and local city and state governments asking for a taxpayer bailout. It is as if all those bond measures and tax hikes I voted against are coming back to haunt me, in search of my last penny.

Former Fed chairman blames pay bonanza for the financial crisis | Business | guardian.co.uk
Source: Guardian Unlimited

Volcker said the other main culprit for the current crisis was financial engineering, with securitised loans, credit default swaps and other derivative products trumpeted as a way of minimising and distributing risk.

Surprise! We Have Other Plans!
Source: Voice of The South/MidSouthMedia

This is an article I wrote and have hosted on www.VoiceofTheSouth.org. This piece pertains to how we can thwart the plans of "The Establishment" and provide for ourselves and our neighbors a more secure and prosperous future.

Obama's Economic Challenge Underestimated

Anecdotally, my perception is that about 80% of the country wants the Obama Presidency to be a success.

Magic: How Obama Broke the Dark Spell by Tina Brown
Source: thedailybeast.com/blogs-and-stories

CNN's Jessica Yellin in Chicago appeared in its New York election headquarters as a hologram last night.

Specter of Deflation Lurks as Economic Pain Grows
Source: The New York Times

As dozens of countries slip deeper into financial distress, a new threat may be gathering force within the American economy — the prospect that goods will pile up waiting for buyers and prices will fall, suffocating fresh investment and worsening joblessness for months or even  …

The Economic Crisis: Will Money Trump Ideology?
Source: Political Research Associates

Less than a half-year ago, casino magnate Sheldon Adelson, the deep pockets of groups like Birthright Israel and the neoconservative-led Freedom's Watch, was seen as one of the most formidable funders of the hawkish Right.