What happens to American Citizens in the case of Economic Collapse?
There is much talk about an anticipated complete economic collapse, likely to happen in September.
What will happen to the American Citizens if this turns out to be true? What measures will be taken to ensure that the masses do not starve?
We’ll find out. I predict that the worst economic depression in U.S. history will occur by October, 2009.
Banks will fail; stock markets will crash; tens of millions will find themselves out of work.
We survived the Great Depression of ’29. We’ll survive the one that’s coming. But it could have been avoided if our government leaders had been PROactive instead of REactive over these past 80 years. Had our leaders focused on things that really mattered (instead of trying to win elections by breaking into the Watergate Hotel; ‘investigating’ a sexual liaison between a President and another consenting adult; or trying to ‘get even’ with Saddam Hussein by concocting an unconstitutional, illegal, immoral ‘war’) maybe we could have avoided the coming Depression – or at least prepared for it better.
Actually, it’s the very rich who will suffer the most. Just like in 1929, the champagne kept flowing and the band kept playing on the deck of the Titanic right up to the very end.
But when the crash comes, there won’t be enough tall buildings with ledges for people to jump from; those of us who already live in ‘poverty’, won’t see much of a change in our lives. We’ve already gotten use to the struggles of minimal survival.
But once the rich find themselves without their investment portfolios, their vacation resort homes, their luxury autos, and their other material bounty, they will also find themselves lost without a soul, without direction, and without consolation.
Someone once said: “America’s strength is not basically political; nor is it industrial or military. The foundation of this land is spiritual. When that foundation is weakened, democracy itself is threatened. We cannot allow that to happen.”
Unfortunately it’s happened. We’ve ‘sold our souls’ for the sake of our own profit, comfort or convenience. Our love of Lexus luxury sedans outweighs our commitment to country and our fellow man. Arrogance, avarice, ignorance, sloth, neglect and hubris have set in; when the economic collapse comes, we will be woefully unprepared – and we will go the way of the great Greek and Roman empires that put debauchery and gluttony above humanity and patriotism. -RKO- 07/26/08
Three Big Benefits of Debt Consolidation Loans
Though there are many advantages to debt consolidation loans, the following three are some of the main reasons that individuals and families consider this type of financial management arrangement.
1. To Escape Debt
In today’s society, many people live with huge amounts of debt. In fact, having tons of bills to pay each month seems to be more the norm than the exception.
However, for people whose debts outweigh their income or the probability of them ever being clear of owing creditors, debt consolidation loans are a practical solution.
By having a professional financier negotiate on the debtor’s behalf, the debtor’s monthly outlay can be lowered considerably. This will enable him or her to finally escape the grips of consistent debt.
2. To Stop Living Paycheque to Paycheque
Other people may be able to just squeak by each month, but are essentially living without any savings or chance of putting aside some finances for the proverbial “rainy day.”
For these persons, couples, or families, one emergency or crisis could thrust them into huge amounts of debt, especially since they have no savings on which to rely.
Debt consolidation loans are an excellent tool for these paycheque to paycheque individuals to finally be able to have a few pounds in the bank, just in case.
3. To Avoid Bankruptcy
The concept of bankruptcy is anathema to many, but it’s an unfortunate realty for a number of individuals whose debts have become too enormous.
However, bankruptcy may be avoided with debt consolidation loans, whereby creditors are paid off over a longer period of time, thereby giving the debtor more time to pay back any loans or bills.
If you’re interested in hearing more about debt consolidation loans, call the professionals at www.dbsfinance.co.uk. An initial consultation is free and confidential… and may just change the way you view your fiscal situation.
Bruce Stander
http://www.articlesbase.com/loans-articles/three-big-benefits-of-debt-consolidation-loans-96029.html
Overfishing – A Global Crisis
This is a video by Frankie Richardson, Sam Morris, and Greg Tolentino for Mr Adams Marine Biology, adressing the current global issue of Overfishing. Please watch this so that you can be informed of the negative effects of overfishing, along with things that can be done to help save the fish. Please click the following links for more info and solutions: http://www.greenpeace.org/australia/issues/overfishing/solutions
http://www.grinningplanet.com/2005/06-07/overfishing-article.htm
Duration : 0:5:20
The Financial Crisis
The Financial Crisis – The Government`s Response and Next Steps
Panelists include Henry Kaufman, President of Henry Kaufman & Company, Inc.; Peter R. Fisher, Managing Director, Co-Head, Fixed Income Portfolio Management Group BlackRock, Former Under Secretary of the U.S. Treasury for Domestic Finance; Harvey J. Goldschmid, Dwight Professor of Law, Columbia University, Former Commissioner, U.S. Securities and Exchange Commission; Charles Calomiris, Henry Kaufman Professor of Financial Institutions, Columbia Business School; Moderated by Merit E. Janow, Professor in the Practice of International Economic Law and International Affairs, School of International and Public Affairs
(Mar 4, 2009 at Columbia University, School of International and Public Affairs (SIPA))
Duration : 1:28:38
How The Democrats Caused The Financial Crisis: Starring Bill Clinton’s HUD Secretary Andrew Cuomo And Barack Obama; With Special Guest Appearances By Bill Clinton And Jimmy Carter
The Democrats caused this crisis by forcing the banks to make affirmative action loans. “Liberalism is a mental disorder.”
Duration : 0:8:29
The Economic Collapse-A Short Film- Part 1
http://www.newamerica-now.blogspot.com With the exponential growth of debt and derivatives, a sovereign debt default could trigger economic shockwaves that would make the previous 2008-09 economic collapse look like the pre-shocks of a much larger earthquake. This video presents one possible scenario on how a dollar collapse would affect one family.
To see Part 2: http://www.youtube.com/watch?v=0aejqMt5bJ8
Originally Downloaded from http://www.youtube.com/watch?v=hMokBM6caRE
Thank you endtheillusion for a well put together and necessary video to wake people up. I thought it was important to share this message.
Duration : 0:8:59