Obama’s Trans-Pacific Partnership (TPP) State of the Union mystery

By Ed Schultz
Economy in Crisis

If implemented, the Trans-Pacific Partnership (TPP) could undermine many of President Barack Obama’s landmark achievements and thus his legacy on jobs and economic recovery, health care access, financial reform – and close to Michigan’s heart – the U.S. auto industry rescue and more. The great mystery is why Obama called for congressional passage of the TPP in his final State of the Union address?

The TPP text was finally released in November after seven years of secretive talks. As The Washington Post reported, 500 U.S. trade advisors representing corporate interests had special access while Congress, the public and press were shut out. Not surprisingly, the Chamber of Commerce, Business Roundtable and similar corporate lobbies support the TPP. Opposing is the most diverse coalition of progressive organizations ever assembled to battle against a trade deal.

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World Faces Wave of Epic Debt Defaults, Fears Central Bank Veteran

By
The Telegraph

The global financial system has become dangerously unstable and faces an avalanche of bankruptcies that will test social and political stability, a leading monetary theorist has warned.

“The situation is worse than it was in 2007. Our macroeconomic ammunition to fight downturns is essentially all used up,” said William White, the Swiss-based chairman of the OECD’s review committee and former chief economist of the Bank for International Settlements (BIS).

“Debts have continued to build up over the last eight years and they have reached such levels in every part of the world that they have become a potent cause for mischief,” he said.

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Former U.S. President Jimmy Carter Sounds Off on America – “It’s Just an Oligarchy”

By Michael Krieger
Liberty Blitzkrieg

It violates the essence of what made America a great country in its political system. Now it’s just an oligarchy, with unlimited political bribery being the essence of getting the nominations for president or to elect the president. And the same thing applies to governors and U.S. senators and congress members. So now we’ve just seen a complete subversion of our political system as a payoff to major contributors, who want and expect and sometimes get favors for themselves after the election’s over. … The incumbents, Democrats and Republicans, look upon this unlimited money as a great benefit to themselves. Somebody’s who’s already in Congress has a lot more to sell to an avid contributor than somebody who’s just a challenger.

– Jimmy Carter, 39th President of these United States

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China and America: The Most Toxic Relationship

By Daniel Mills
July 17, 2015
Economy In Crisis

The country of China has found a loophole in the World Trade Organization (WTO) laws and has once again found a way to one-up America. The communist country has created a law that allows them to ban any foreign imports and pushing out U.S. technology companies from China. This is just more evidence that the WTO is completely flawed and our relationship with China needs to reevaluated.

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The Real War on the Middle Class

By Ron Paul
April 26, 2015
Ron Paul Institute

One of the great ironies of American politics is that most politicians who talk about helping the middle class support policies that, by expanding the welfare-warfare state, are harmful to middle-class Americans. Eliminating the welfare-warfare state would benefit middle-class Americans by freeing them from exorbitant federal taxes, including the Federal Reserve’s inflation tax.

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Carbon Currency: A New Beginning for Technocracy?

By Patrick Wood, Editor
As posted at August Review

Introduction

Critics who think that the U.S. dollar will be replaced by some new global currency are perhaps thinking too small.

On the world horizon looms a new global currency that could replace all paper currencies and the economic system upon which they are based.

The new currency, simply called Carbon Currency, is designed to support a revolutionary new economic system based on energy (production, and consumption), instead of price. Our current price-based economic system and its related currencies that have supported capitalism, socialism, fascism and communism, is being herded to the slaughterhouse in order to make way for a new carbon-based world.

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America’s Impending Master Class Dictatorship

By Stewart Dougherty
Jan 22 2010 2:24PM
www.kitco.com

FOREWORD: At certain times, focusing on the big picture is important not just for investment success, but for personal welfare, and even survival. We believe such times are here. It is estimated that 98% of Americans have never held a gold coin in their hands. Yet 100% of Americans regularly handle Federal Reserve Notes. From a contrarian standpoint, the financial message from those two statistics is clear. Even so, gold is much more than money or an investment medium; it stands for liberty and throughout history has facilitated escape and ensured freedom. Never having touched a gold coin is the monetary equivalent to never having breathed fresh air, felt the warmth of sunshine, looked up at the stars or risen from the gutter. Fiat Federal Reserve Notes are becoming nothing more than sewage decomposing in the vast, toxic septic tank of predatory Washington politics, epic Federal Reserve arrogance and error, blatant Wall Street fraud and outright Master Class plunder. Below, we outline America’s troubling and compounding predicament, and urge you to think about how to protect yourself from its consequences, both financially and personally.

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The Bankruptcy of the United States is Now Certain

As posted at The Silver Bear Cafe
By Porter Stansberry

It’s one of those numbers that’s so unbelievable you have to actually think about it for a while… Within the next 12 months, the U.S. Treasury will have to refinance $2 trillion in short-term debt. And that’s not counting any additional deficit spending, which is estimated to be around $1.5 trillion. Put the two numbers together. Then ask yourself, how in the world can the Treasury borrow $3.5 trillion in only one year? That’s an amount equal to nearly 30% of our entire GDP. And we’re the world’s biggest economy. Where will the money come from?

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The Dark Years are Here

by Egon von Greyerz
Matterhorn Asset Management

In this newsletter we will outline what is likely to be the devastating effect of the credit bubbles, government money printing and of the disastrous actions that governments are taking. Starting in the next 6 months and culminating in 2011-12 the world will experience a series of tumultuous events which will be life changing for most people in the world.  But 2011-12 will not be the beginning of an upturn in the world economy but instead the start of a long period of economic, political and social upheaval that could last for a couple of decades.

We will discuss the three areas that we for some time have argued will determine the fate of the world for the foreseeable future, namely the coming unemployment explosion, the next and much more serious phase in the credit markets and finally the likely hyperinflationary or just inflationary effect this will have on the world economy and investments.

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Planning the Steps to a World Government

By Joan Veon
Womansgroup.org (note the original URL has been taken down, the link contains an archive)

In the book of Jeremiah, the prophet tells of the pending invasion of Judah by the Babylonian king, Nebuchadnezzar. He records, “the snorting of horses was heard in Dan.” Can you imagine an invasion of that kind? You have been warned by reports that there is an invading army on the way. As they get closer you can feel the ground move as the multitude of well-trained soldiers and galloping horses get closer to your city. You are strangely aware that your world is going to change forever as you hear the snorting get louder.

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