10 Things We Can Learn From Egypt About Preparing for Economic and Societal Collapse by Mac Slavo

A People’s Uprising Against the Empire by Llewellyn H. Rockwell, Jr.

Tunisia, Egypt, the Fed: Overthrowing the Depots

The Egyptians, Tunisians, and others rebel against political and economic tyranny. Markets reveal truths and the truth is anti-federal government. The interventionist chickens are coming home to roost. People are poorer and less free for US policing of the world. Americans, too, of course. The big event will be a currency collapse, when trust is lost. Dr. Paul’s first committee hearing, as chairman of the Domestic Monetary Policy Subcommittee, showcases the Fed’s responsibility for higher prices and unemployment, here and around the globe.

Stop the renewal of the Bill of Rights-shredding provisions of the "PATRIOT Act" set to expire

The three provisions set to expire are the "roving wiretap" provision, which allows the government to conduct surveillance without specifying person or place being wiretapped; the "library records" provision that allows the government to collect "any tangible thing" during an investigation; and the "lone wolf" provision, which targets "non-US" persons unaffiliated with terrorists. 

It is time for Congress to let these Bill of Rights-shredding provisions of the "PATRIOT Act" expire.

The implementation of the national security state has created an expansive, inefficient, and secretive bureaucratic nightmare increasingly being targeted to spy on Americans, even based on anonymous information and political affiliation, all supposedly in the name of "keeping us safe."

Last year, The Washington Post series on "Top Secret America" exposed just how massive and unaccountable America's surveillance state has become.

Please send your senators and representative a free action fax IMMEDIATELY by clicking here.

Interview of Catherine Austin Fitts, Former Assistant Secretary of Housing under George H.W. Bush

Catherine Austin Fitts blows the whistle on how the financial terrorists have deliberately imploded the US economy and transferred gargantuan amounts of wealth offshore as a means of sacrificing the American middle class. Fitts documents how trillions of dollars went missing from government coffers in the 90's and how she was personally targeted for exposing the fraud.

Fitts explains how every dollar of debt issued to service every war, building project, and government program since the American Revolution up to around 2 years ago - around $12 trillion - has been doubled again in just the last 18 months alone with the bank bailouts. "We're literally witnessing the leveraged buyout of a country and that's why I call it a financial coup d'état, and that's what the bailout is for," states Fitts.

Massive amounts of financial capital have been sucked out the United States and moved abroad, explains Fitts, ensuring that corporations have become more powerful than governments, changing the very structure of governance on the planet and ensuring we are ruled by private corporations. Pension and social security funds have also been stolen and moved offshore, leading to the end of fiscal responsibility and sovereignty as we know it.

Fitts explained how when she was in government she tried to encourage the creation of small businesses, new jobs and new skills to compete in a globalized world otherwise the American middle class was toast, only to be forced out by the feds using dirty tricks. The elite instead wanted Americans to take on more credit card, mortgage and auto debt that corporations and insurers knew they couldn't afford, while quietly moving their jobs abroad in the meantime.

The Evolving Populist Political Rebellion in the Arab World

From the article:

What started in Tunisia (the demand that Ben Ali step down over his corruption, oppression, high food prices, widespread unemployment and poverty and the humiliation by government agents that caused the desperate act of self immolation) has spread to Egypt with mass demonstrations that began Tuesday, continuing despite an official crackdown by the Mubarak regime. Through internet postings (Twitter and Facebook) larger demonstrations are planned for today in Cairo and other Egyptian cities. Former Chief U.N. nuclear inspector Mohamed ElBaradei (and an Egyptian himself) has joined in the call for Mubarak to step down.

Yesterday saw thousands marching in Sanaa, the capitol of Yemen calling for President Ali Abdullah Saleh, in power for 32 years to step down.

All these countries are different unto themselves, but the people in all of them share similar circumstances of living under dictatorial rule with repression and oppression that brings personal humiliation, lack of respect and dignity toward the individual at the hands of their government, extreme poverty, unemployment, rising prices for necessities along with widespread official corruption.

In all the Arab countries in rebellion their governments and their leaders are client states of the U.S. In the name of maintaining stability and our "war on terrorism" we have supported these country's autocrats with military hardware and training of their security forces.

Significantly, none of these indigenous rebellions have anything to do with fundamentalist, Islamic Jihadist terrorism.

The Real State of the Union, January 2011

Memo To Banks: You Are Toast

Banks are not making any money in traditional lines of business—that is, by making loans. No one wants loans. The economy is down for the count. Other than pulling money out of loan loss reserves, banks can only make profits by revaluing assets.

The write-downs of trashy mortgages need to be reversed. Banks trade trash with each other at higher prices, recording profits. They sell trash to the government at inflated prices—more on that below. And they jack up late fees on homeowners, credit card users, and other debtors. Even though none of those borrowers can actually pay the late fees, the banks book the revenue now.

 Inflation Is So Much Worse Than We're Told

Inflation is actually much higher than what the BLS claims it is; something that purchasers of college tuition, pharmaceuticals, or health insurance know all too well.

To give the BLS some credit, they must try and estimate a single rate of inflation that applies to everyone equally.  But that is a completely impossible task. An octogenarian living in Seattle on a meager pension and taking lots of prescription medications will have a totally different inflation experience than an 18 year old living in their parent's basement eating Ramen noodles. 

But even after spotting the BLS some slack, there are some enormous and glaring errors in their methods that render the official inflation measure hopelessly - and dangerously - inaccurate. 

In this article...  [it will be revealed that] US inflation numbers are badly understated, how this practice short-changes institutions and fixed-income individuals alike, and why this means fiscal and inflationary train-wrecks are the most probable outcome for the US -- and, by extension, the globe.

 8 Reasons College Tuition Is the Next Bubble to Burst

Tuition has been increasing at such an alarming rate that some say we’re witnessing yet another bubble in America — this time not in the stock market or in housing, but in college tuition.

  
China Bank Moves to Buy U.S. Branches

China's biggest bank signed an agreement that would make it the first Beijing-controlled financial institution to acquire retail bank branches in the U.S., though regulators could still block the deal.

Obama to Push New Spending: State of Union Speech to Call for Boosting 'Competitiveness' While Nodding to Need for Budget Cuts

President Barack Obama will call for new government spending on infrastructure, education and research in his State of the Union address Tuesday, sharpening his response to Republicans in Congress who are demanding deep budget cuts, people familiar with the speech said.

 Four Reasons Why The Government Is Destroying The Dollar

The United States government has four interrelated motivations for destroying the value of the dollar:

1. Creating money out of thin air on a massive basis is all that stands between the current state of hidden depression, and overt depression with unemployment levels in excess of those seen in the US Great Depression of the 1930s.

2. It is the weapon of choice being used to wage currency war and reboot US economic growth.

3. It is the most effective way to meet not just current crushing debt levels, but to deal with the rapidly approaching massive generational crisis of paying for Boomer retirement promises.

4. Political survival and enhanced power for incumbent politicians.