People are Angry, Unrest Spreading to the U.S.
February 24, 2011, Submitted by: Ken Tweet
Credit: an old LIFE magazine photo
What’s going on in Wisconsin?
If you look at both sides of the story, one side is insinuating that teachers there make too much money and are a target for cuts, while the other side is angry because they have seen the banks and the elite getting bailed out – so why should they be targeted instead.
I believe that this is only the tip of the iceberg that awaits us all, and not just here in the U.S. Geopolitical unrest has been spreading around the world from Tunisia, Greece, Ireland, Portugal, Spain, Egypt, Libya to Ohio and Wisconsin in the U.S.
The underlying problem is money.
People are angry over higher prices, especially high food prices in other parts of the protesting world. Higher food and energy prices are creeping in to the American economy as well, and some predict the rate of increase to go higher as an inflationary environment gets underway.
People are angry about high unemployment, again, especially in other protesting nations where unemployment rates soar into the 50 percent range. In the U.S. the real unemployment rate (counting those who have fallen off their extended benefits) is in the neighborhood of 22 percent.
People are angry that they have been forced to bail out the banks who have received trillions of dollars in bailout money, as if to reward them for their risky behavior and bad bets which had brought them to the edge of collapse.
People are angry that the banks and hedge funds are continuing their risky behavior with their derivatives and ‘exotic financial instruments’, while the bailout money remains at the top of the food chain and is not flowing down to Main Street.
The majority of U.S. States are in deep financial doodoo, and we all know the brown stuff that the federal government is in…
The entire scheme is collapsing and we are starting to see the effects. More and more people are going to be affected by what must inevitably happen. That is, more cuts, higher taxes, more currency devaluation, more inflation, more unemployment, and a stagnant economy. When the number of ‘unhappy people’ reaches a threshold, they begin to make noise. This is what we are beginning to witness.
How do we prepare for the coming changes?
Eliminate debt where possible.
If you can afford it, buy extra food and consumables now, before prices go higher.
Keep extra cash nearby in case the banks close during a collapse.
Become more self sufficient and resilient to change.
Keep your eyes and ears open to the news around you.
Don’t believe that the stock market will keep going up.
Plan as though the stock market could indeed collapse once again.
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What about the fact that the bailout money to the banks has pretty much been paid back. Also, the government actually made money on the bailouts.
U.S. National Debt, $14 Trillion
U.S. Annual deficit overspending, $1.3 Trillion
U.S. National Debt per taxpayer, $128,000
U.S. National Debt will not be paid off, it’s physically impossible, it’s a classic death spiral. Unless of course, they devalue the dollar to just a fraction of it’s worth today (which is only a fraction of what it was worth when they started this scheme in 1913. They would have to do it very fast this time though…
I have been on this earth for almost 61 years now. I am handicap and I know now that I will never able to get a hip replacement because I do not have health insurance or Social Security. I hope that the money made off health Ins and all people who have been denied SS By SS, Nobody is looking ahead to what is coming, weather or other events that are coming. Which at that time it won’t make any difference to anybody. Many people are preparing and have been preparing for years to what is coming. I am one who has known for a long time and I am prepared as best as I can be. When the events come all the money in the world will not help. Hiding in bunkers will not help. But people who have know are ready.
Ever heard of interest? If every red cent owned by everyone in the world was suddenly paid back to the central banks, there would still be a deficit. All the worlds money is fiat currency. It’s fake all of it.
Search this term to find the truth. Fallibilism. Once you read that you will realize that all knowledge could infact be wrong. People thought that the world was flat for hundreds of years,until someone questioned it.
After you realize that everything that you have ever learned could be wrong,you liberate yourself to endless possiblities. You are no longer caught in the “it has always been this way paradigm” This leads to day dreaming and “what if” questions. Like what if? Keyensian economics is wrong. What if Austrian economics is right. What if there were no grading in the school systems? You have to question everything to find your own truth.
You already know. It goes to the nature vs nurture debate. Are we a product of our experiences,or born with ideas and knowledge? What if it is both, and who exactly qualifies as an expert?
“Progress, far from consisting in change, depends on retentiveness. When change is absolute there remains no being to improve and no direction is set for possible improvement: and when experience is not retained, as among savages, infancy is perpetual. Those who cannot remember the past are condemned to repeat it.” George Santayana Reason in Common Sense Vol 1 1905-1906.
The people will direct their anger at each other and further divide, when they should actually be directing it at the Federal Reserve.
Similar to the chain reaction that ignites a nuclear bomb.Lots of little things bump into each other, getting them more active and mad,this spreads until a critical mass is reached-then kaboom!