Just like the SS (secret police) was set up in fascist Nazi Germany in the 1930’s, the United States is heading down the exact same path.
The U.S president now allows the military to operate and grab and detain U.S citizen without any given a reason and without a trial. This basically makes the United States a police state and only the peoples personal freedoms will suffer.
The main stream media always use the word “recovery” very lightly and liberally even though the truth of the matter with the U.S and world economy is that things are getting worse. This is the way the media lie to people to get them to keep spending. The worlds debt keeps increasing at the fastest rate in history and people all around the world are suffering, because of stupid bets made by both banks and governments.
Generally CNBC is a financial network that I think most of the anchors or so called journalist on CNBC are bought and paid for by Wall Street. Usually, they are always bullish and trying to get people to get into the market even when presented with evidence of slowdowns or crash ahead.
A long while back Meredith Whitney a financial analyst said that in the coming future there will be a string of municipalities in the United States that will run out of money and become bankrupt. She was laughed at by a lot of Wall Street pundits, but she was right all along because in the end she looked at the hard numbers and the numbers (data) never lie. America as a country is running out of money fast.
How Wall Street take excessive risk, fails then makes individual investors pay for it (lose their money). MF Global really screwed a lot of people.
Gerald Celente describes it better. Have a look at this video, he describes how all the Wall Street ex-Goldman Sach’s gang are treated like royalty while they steal from everyone.
U.S citizens should wake up to the fact that America is no longer a democracy, it is a country that only favors the rich and who they know.
Looking at current economic events, it doesn’t seem like there will be any trigger for a “Santa Claus” rally in the markets this year. Not, just the macro picture is saying this, the technical analysis of the charts say the same thing, there has been a breakdown in the price actions across all markets around the world.
I personally have a bad feeling about December 2011 and January 2012 for the markets. Read the article below by ZeroHedge for more details.
Back in 2007-2008, Bear Sterns and Lehman Brothers collapse. The toxic debts that cause their collapse and the ensuing financial meltdown has attributed to the bail out of the banks using taxpayers money totaling over 60 billion. Since then millions of jobs are lost, real estate super slump and debt problems across the U.S has not improved and this is coming back to bite the U.S and the world in the ass.
The U.S Government calls the current economic situation “The Great Recession” and they are lying, the real situation is that U.S and the world is rapidly moving into “The Great Depression 2.0″. Don’t listen to the lies of the mainstream media that is telling you how the economic situation is getting better, when behind the scenes the fundamentals are falling apart.
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