James Quinn is a senior director of strategic planning for a major university.
James has held financial positions with a retailer, homebuilder and university in his 22-year career. Those positions included treasurer, controller, and head of strategic planning. He is married with three boys and is writing these articles because he cares about their future. He earned a BS in accounting from Drexel University and an MBA from Villanova University. He is a certified public accountant and a certified cash manager.
These articles reflect the personal views of James Quinn. They do not necessarily represent the views of his employer, and are not sponsored or endorsed by his employer.
Tuesday, August 16, 2011 Bernanke Pledges to Screw Your Grandmother for at Least Another Two Years (1 comments)
The utter failure of QE2, hollow Congressional spending "cuts" that will keep the National Debt on track towards $23 trillion by 2021, S&P downgrade, and recent plunge in the stock market are the first cracks in the façade of the great American Empire.
Sunday, August 7, 2011 BREAD, CIRCUSES, SPENDING CUTS, UNICORNS & THE APPEARANCE OF WEALTH
As the political theater of the absurd played out last week in Washington DC, it became clear to me the ruling class has no intention of changing our path. Politicians will keep spending and central bankers will keep printing more money.
Saturday, July 30, 2011 WHO ARE THE EXTREMISTS? (10 comments)
It is clear the establishment of both parties in Washington DC have no plan to cut anything. The good news is the national debt will never reach $23 trillion because our economic system will implode long before we approach that figure.
Sunday, July 24, 2011 PEACOCK SYNDROME - AMERICA'S FATAL DISEASE (3 comments)
The United States has experienced a four decade long "expenditure cascade". An expenditure cascade occurs when the rapid income growth of top earners fuels additional spending by the lower earner wannabes.
Thursday, June 16, 2011 PEAK OIL - THE LONG & THE SHORT
A barrel of Brent Crude (the truest indicator of worldwide oil scarcity) sits at $118, up from $75 per barrel in July 2010 -- a 57% increase in eleven months. In the U.S., the average price of gasoline is $3.69 per gallon this week, up 37% in the last year and up 100% in the last 30 months.
Sunday, June 12, 2011 IT'S THE DEBT, DUMMY (1 comments)
The government solutions jammed down our throats since 2008 have added $7 trillion of debt to the national balance sheet. The only thing keeping this house of cards from collapsing immediately has been the extremely low interest rates put in place by the Federal Reserve.
Friday, June 10, 2011 QE2 - THE BERNANKE CHRONICLES (2 comments)
Anyone impartially assessing the success of QE2 would have to conclude that it has been an unmitigated failure and has put the country on the road to perdition. In three weeks, the Federal Reserve will stop pumping heroin into the veins of Wall Street. The markets are already reacting negatively, as the S&P 500 has fallen 6% and interest rates have begun to fall.
Tuesday, May 17, 2011 THE GOOD, THE BAD AND THE UGLY
The Federal Reserve in collaboration with the giant banks has created the greatest financial crisis the world has ever seen. The foolish notion that unlimited amounts of money and credit created out of thin air can provide sustainable economic growth has delivered this crisis to us.
Wednesday, May 4, 2011 FISTFUL OF DOLLARS - PART TWO (1 comments)
It is not easy to destroy the greatest empire in the history of mankind. The 20th Century was the American Century, but the combination of hubris, monetary debasement, imperial overreach and delusional overconfidence have set in motion the inevitable downfall of the American Empire. The policies, decisions, beliefs, and institutions implemented over decades have led the country to the threshold of financial
Thursday, April 28, 2011 For a Few Dollars More - Part One (1 comments)
As long as Baby Boomers can make the lease payment on their Escalade, use one of their 15 credit cards at the Mall, be entertained by 600 cable TV stations, play with the latest iSomething, live in their McMansion for two years without making a mortgage payment and consume massive quantities of fast food, then any thoughts of future generations or civic duty are unnecessary.
Wednesday, April 20, 2011 Years of the Modern Fourth Turning (2 comments)
Based upon a review of the foreseeable issues confronting our society it is clear to me that a worse financial implosion will strike before the 2012 presidential election. It may be triggered by a debt ceiling confrontation, the ending of QE2, a panic out of the USD, hyperinflation, a surge in oil prices, or some combination of these possibilities.
Wednesday, April 6, 2011 EXTEND & PRETEND IS WALL STREET'S FRIEND
It is amazing that an industry that was effectively insolvent in October 2008 has made such a spectacular miraculous recovery. The truth is recovery is simple when you control the politicians and regulators, and own the organization that prints the money.
Thursday, March 24, 2011 LAND OF THE SETTING SUN
The great earthquake/tsunami/nuclear meltdown of 2011 will result in more quantitative easing in Japan and the U.S. This will result in even more inflation than we are experiencing today. Once the inflation genie is out of the bottle, the race to the bottom will accelerate.
Saturday, March 19, 2011 The Gathering Storm (1 comments)
Many people understand that you cannot solve a debt problem by issuing more debt. They understand that an individual or a country cannot borrow their way to prosperity. The U.S. government is essentially bankrupt and dependent upon Ben Bernanke's printing press to keep up the appearance of solvency.
Monday, March 7, 2011 THERE ARE NO GOOD OUTCOMES (2 comments)
There are no good outcomes, only bad, really bad, and catastrophic. Take your pick. Could gas prices drop below $3.00 per gallon if the world sinks back into recession? Yes. But it would only be momentary. The easy to access supply is dwindling. The medium and long term direction of gas at the pump is up. There is nothing that can be done in the next five years to prevent significantly higher oil prices.
Tuesday, February 15, 2011 GRAPES OF WRATH - 2011 (2 comments)
The rich use their wealth to buy influence in Washington DC, rigging the game in their favor. The working middle class foot the bill. They are bamboozled into believing they can live like the rich by a financial industry willing to lie, obfuscate and defraud them. Corporate superstar CEOs outsourced their good paying middle class jobs to foreign lands, boosting EPS, their stock price and their mega-million bonuses.
Saturday, February 5, 2011 SMOOT- HAWLEY REDUX
The Chinese have pegged their currency to the USD since 1995. For a decade, the U.S. was just fine with the peg, as American consumers got cheap goods, American corporations reaped huge profits from outsourcing, and banks raked in billions by lending money to everyone. Now that we have entered the Greater Depression, the finger pointing and accusations have begun.
Monday, January 31, 2011 AMERICAN EULOGY
Every generation born in this country had an excellent chance to live a better life than their parents. Relentless progress was the American way. I have three teenage sons. Based on the actions of this country's ruling oligarchy, I doubt that my sons will live a richer and fuller life than myself. The debts are too extreme, the military overreach too excessive, the looting by the financial class too great, the political corru
Friday, January 21, 2011 THE FOURTH AMERICAN REVOLUTION (7 comments)
History offers no guarantees. If America plunges into an era of depression or violence which by then has not lifted, we will likely look back on the 1990s as the decade when we valued all the wrong things and made all the wrong choices.
Sunday, January 16, 2011 HOW MANY SENATORS DOES IT TAKE TO SCREW A TAXPAYER? (10 comments)
Every time you fill up your car this winter you are participating in the biggest taxpayer swindle in history. Forcing consumers to use domestically produced ethanol is one of the single biggest boondoggles ever committed by the corrupt brainless twits in Washington DC.
Monday, January 10, 2011 V FOR VENDETTA - 2011 (1 comments)
Cruelty and injustice, intolerance and oppression, and where once you had the freedom to object, to think and speak as you saw fit, you now have censors and systems of surveillance coercing your conformity and soliciting your submission? If you're looking for the guilty, you need only look into a mirror.
Sunday, January 2, 2011 2011 - The year of Catch-22
The United States and its leaders are stuck in their own Catch 22. They need the economy to improve in order to generate jobs, but the economy can only improve if people have jobs. They need the economy to recover in order to improve our deficit situation, but if the economy really recovers long term interest rates will increase.
Friday, December 31, 2010 DUDE, WHERE'S MY JOB? (1 comments)
The storyline being sold to the American public by the White House and the corporate mainstream media is that the economy is growing, jobs are being created, corporations are generating record profits, consumers are spending and all will be well in 2011. The 2% payroll tax cut, stolen from future generations to be spent in 2011, will jumpstart a sound economic recovery. Joseph Goebbels would be proud.
Wednesday, December 15, 2010 WHO'S LYING? (1 comments)
I hate to be a wet blanket during this festive holiday season, but the truth is that there is no self sustaining recovery happening. The powers that be, with the help of their lackeys in the mainstream media are desperately trying to convince you that everything is alright. It is not alright. The only people spending are Lloyd Blankfein and his ilk, while middle class Americans sink further into despair and debt.
Saturday, December 11, 2010 BERNANKE IS 100% SURE (2 comments)
Mr. Bernanke thinks that the sheeple will just believe him because he is the Federal Reserve Chairman. The truth is that only two things are deflating: middle class wages and home prices. Bernanke certainly has chutzpah when blatantly lying to the American public about inflation. I'm sure none of you drive cars, heat your homes, eat food, or wear clothes.
Saturday, December 11, 2010 WILL 2012 BE AS CRITICAL AS 1860? (1 comments)
The devastating combination of a currency collapse, oil supply shortages, and the draining war on terror will either unify the country behind the Prophet leader in their effort to save the country or it could result in the country's fabric tearing apart with the Federal government losing control of sections of the country.
Saturday, December 11, 2010 Lies Across America
Americans are so committed to their automobiles, hyper-consumerism, oversized McMansions, and suburban sprawl existence that they will never willingly prepare in advance for a future by scaling back, downsizing, or thinking. Our culture is built upon consumption, debt, cheap oil and illusion.
Friday, November 19, 2010 AS THINGS FELL APART, NO ONE PAID MUCH ATTENTION (3 comments)
The American way of life --" which is now virtually synonymous with suburbia --" can run only on reliable supplies of dependably cheap oil and gas. Even mild to moderate deviations in either price or supply will crush our economy and make the logistics of daily life impossible.
Thursday, November 4, 2010 SUICIDE IS PAINLESS (4 comments)
It is no coincidence that after Richard Nixon closed the gold window in 1971 and allowed the Federal Reserve to "manage" our economy that total debt outstanding in the US surged from $2 trillion to over $50 trillion. GDP has risen by 1,300% since 1971, while total US debt has risen by 2,600%. Now for the kicker. Real GDP has only gone up by 292% since 1971. This means that 1,000% of the increase in GDP was from Federal Reserve
Sunday, October 24, 2010 DEPRESSION WITHIN THE DEPRESSION (8 comments)
Today's politicians and monetary authorities have learned the wrong lessons from the Great Depression. The result will be a second, Greater Depression and more pain for the middle class.
Thursday, October 21, 2010 iDepression 2.0
Our society took 40 years to dig this hole. It is now so deep, there is no way out. But, look at the bright side. At least we don't have to watch bread lines stretching down the block when we are watching our 52 inch HDTV, holed up in our 5,000 sq ft McMansions, ignoring the monthly mortgage payment bill, and waiting for our unemployment funds to be direct deposited into our bank accounts.
Saturday, October 16, 2010 IS AMERICA ON A BURNING PLATFORM? (1 comments)
David Walker has presented a case for inter-generational sacrifice. Are today's generations willing to keep robbing future generations of Americans by being fiscally irresponsible today? Every borrowed dollar spent today is a tax on future generations. Are we selfish enough to leave our children and grandchildren with an un-payable burden so that we can live well today?
Thursday, October 7, 2010 CONSUMER DELEVERAGING = COMMERCIAL REAL ESTATE COLLAPSE (1 comments)
The facts are that hundreds of billions in commercial loans are coming due, with a peak not being reached until 2013. If banks were to properly account for the true value of these loans, hundreds of regional banks would be forced to fail. This is unacceptable to government authorities. They will insist that the fantasy continue. Banks and real estate developers will pretend to be solvent.
Friday, October 1, 2010 10% SAVINGS RATE + CONSUMER SPENDING AT 65% OF GDP = RETAIL DISASTER
Same store sales growth is gone. New market growth is gone. The upper management of every retailer in America better pull out their little models and plug in declining consumer spending for the next decade. This will reveal the stores that won't cut it. Will this be done? Absolutely not. The hotshot CEOs will think a better advertising campaign will do the trick. Delusions
Friday, September 24, 2010 THE BASTARD CHILD OF THE MOTHER OF ALL BUBBLES (3 comments)
A tipping point is reached when the government debt exceeds 90% of GDP. US government debt is currently at 93% of GDP. One year from now it will exceed 100% of GDP. The bastard child of the mother of all bubbles has jumped out a window on the hundredth floor of a NYC mega bank. As he passes the 50th floor, Paul Krugman asks him how is he doing? He says great, SO FAR. We all know what happens next. SPLAT!!!!
Tuesday, September 21, 2010 THOSE WHO DON'T BUILD MUST BURN (5 comments)
There are few builders left, while millions of burners lurk behind every bush. First it will be Korans and Mosques. Then it will be bibles and churches. Then it will be libraries. Eventually it will be your house. America was built by those who cherished liberty, freedom, responsibility, knowledge, and truth. A fog of complacency and malaise settled over America in the last six decades.
Saturday, September 18, 2010 When Japan Collapses
It's hard to imagine how any realistic economist could look at the following two charts and conclude that the Japanese Government failed to revive the Japanese economy over the last twenty years because they spent far too little on fiscal stimulus. Japanese government debt as a percentage of GDP was 52% in 1989, prior to their real estate and stock market crash.
Saturday, September 11, 2010 9/11 - A FOURTH TURNING PERSPECTIVE (14 comments)
Fourth Turnings always sweep away the old order and replace it with a new order. There is no guarantee that the new order will be better. It could be far worse. As we honor those who lost their lives on September 11, 2001 we need to brace ourselves for the storm ahead. The clouds are gathering and the time of great sacrifice is approaching.
Thursday, September 9, 2010 RETAILERS - REALITY CHECK TIME
Lowes, Wal-Mart, Target, and Kohl's have yet to recognize their predicament. They are still blinded by their hubris. The point of recognition will occur within the next year. Each of these retailers will be closing hundreds of underperforming stores in the next two years. Time for a reality check.
Friday, September 3, 2010 Peak Denial about Peak Oil (1 comments)
The myopic view of the world by politicians, the mainstream media and the American public in general is breathtaking to behold. Despite the facts slapping them across the face, Americans believe cheap oil is here to stay. It is their right to have an endless supply of cheap oil. The American way of life has been granted by God. We are the chosen people.
Wednesday, September 1, 2010 The Fourth Turning - Skies Darkening (26 comments)
Thus might the next Fourth Turning end in apocalypse --" or glory. The nation could be ruined, its democracy destroyed, and millions of people scattered or killed. Or America could enter a new golden age, triumphantly applying shared values to improve the human condition. The rhythms of history do not reveal the outcome of the coming Crisis; all they suggest is the timing and dimension.
Monday, August 30, 2010 THE AGE OF MAMMON (3 comments)
Never have so few, done so little, and made so much, while screwing so many. The disgustingly rich Wall Street wheeler dealers who live in Greenwich CT and NYC and summer in the Hamptons have created nothing. Their immense wealth has been created through draining the economic system of its lifeblood. Their financial innovations have created no lasting benefit for our society.
Friday, August 27, 2010 THE GREAT DELEVERAGING LIE
The Big Lie will eventually lose out to the grim truth. America's economy is built on a debt based foundation of sand and the tide of reality is relentlessly eating away at that foundation of debt. Collapse is just a matter of time.
Tuesday, August 17, 2010 MASS DELUSION - AMERICAN STYLE (15 comments)
The American herd has gone mad. A few people have regained their senses, but the vast majority still exhibits the behavior of sheep being led to slaughter. The ruling oligarchs have utter contempt for the average American, but they fear the masses.
Wednesday, August 11, 2010 DEPLOY THE SLIDE (5 comments)
Our country is bankrupt. It is economically bankrupt and it is morally bankrupt. We are a train hurtling down the track at 80 mph and just around the bend is a stalled train. It's as if the train engineer (Obama) has received a radio message that there is a stalled train around ther bend and his solution is to speed up the train to 100 mph. Can't anyone see the disaster that awaits this country, just around the bend?
Monday, August 9, 2010 THE MOTHER OF ALL BUBBLES (1 comments)
The Chinese authorities can hide the truth for a period of time, but the bad debt caused by the Chinese stimulus and malinvested in office buildings, condos, malls, and cities will eventually lead to a monumental collapse in the Chinese real estate market. This will result in a stock market crash and a dramatic slowing in economic growth.
Saturday, August 7, 2010 A WEALTHY STIMULUS NEEDED (5 comments)
Unless we can stimulate the wealthy to keep spending we are all doomed to a double dip recession. The plight of the wealthy should be at the forefront of anything we do. Since the top 1% wealthiest Americans own 43% of the financial assets in the country, they were particularly hard hit by the stock market crash. These poor souls were quite disillusioned by their losses.
Thursday, August 5, 2010 THE RULING ELITE CALLED (2 comments)
Here is the message from the ruling elite to you ignorant masses: Debt got us into this mess and it sure as hell is going to get us out. They have convinced the mainstream media that the reason the economy is sputtering is because the average Joe is not doing their part. This crazy concept of saving for a rainy day seems to be catching on. This is very dangerous.
Thursday, August 5, 2010 JOHN PAULSON WILL BE WRONG THIS TIME (1 comments)
Reversion to the mean cannot be circumvented. It can be delayed, but it will not be denied. The combination of expiring tax credits, the failure of HAMP, the conclusion of the Fed buying dodgy MBS, the growing shadow inventory of foreclosures, Option ARM and Alt-A resets, and rising interest rates will result in a further fall in home prices of at least 20% in the next two years.
Saturday, July 31, 2010 PLAN FOR AMERICA
"I love the man that can smile in trouble, that can gather strength from distress, and grow brave by reflection. "Tis the business of little minds to shrink, but he whose heart is firm, and whose conscience approves his conduct, will pursue his principles unto death." --" Thomas Paine
Sunday, July 25, 2010 Welfare & Warfare (1 comments)
The real tragedy is that because of the fiscal irresponsibility of politicians and the Boomer generation, future generations of Americans will for the first time in U.S. history have a lower standard of living than their parents. The wealth of the nation has been frittered away by statists and war mongers. The current fiscal path of the country is unsustainable.
Wednesday, June 23, 2010 Too Small To Matter (3 comments)
After watching our corrupt government decide that the biggest baddest banks on the planet were too big to fail over the last two years and giving my children's and their children's money to these behemoth criminal enterprises, I was not surprised to see poor working class Americans treated like dirt by these same corrupt politicians.
Monday, June 14, 2010 TWO DECADES OF GREED - THE UNRAVELING (1 comments)
We are currently in the midst of a Fourth Turning. This twenty year Crisis began during the 2005 --" 2008 timeframe with the collapse of the housing bubble and subsequent repercussions on the worldwide financial system. It is progressing as expected, with the financial crisis deepening and leading to tensions across the world. It will eventually morph into military conflict, as all prior Fourth Turnings have.
Wednesday, May 12, 2010 PRINT BABY PRINT
Hypothetical telephone conversation between Ben Bernanke and Jean Claude Trichet this past weekend
Wednesday, May 12, 2010 THE BIG SHORT - HOW WALL STREET SCREWED MAIN STREET
Everyone has claimed that they were not responsible in any way for the disaster. They blame once in a lifetime circumstances that no one could have anticipated. It was a perfect storm and they had no way of knowing. These Wall Street geniuses, who collected compensation in excess of $100 million before the collapse, had no idea what was going on within their firms. Ignorance and stupidity is no excuse for losing $1 trillion.
Tuesday, May 4, 2010 Is China's Recovery a Fraud? (6 comments)
Combined with a real estate collapse, the Chinese miracle will reveal itself to be another debt-induced fraud. This will be another step towards the Greater Depression. The investment implications are that worldwide stock markets are likely to retest their 2009 lows by the end of 2010.
Tuesday, April 6, 2010 SUNDAY BLOODY SUNDAY (1 comments)
The intellectually bankrupt MSM, Wall Street fat cats, and corrupt DC politicians are right to fear the Tea Party movement. The mood of the country will not be reversed. The storm will not subside. The existing institutions will fall in the next 10 to 15 years. There will be blood. The Federal government will not voluntarily get smaller. The entitled class will be angry when the spigot of benefits and privileges is shut off.
Monday, March 22, 2010 IT WAS A WONDERFUL LIFE (5 comments)
The average family of 2.5 Americans huddles in their 3,500 square foot brick and vinyl castle on - acre of chemical treated land during the week and crosses the drawbridge on the weekends in their $60,000 leased Mercedes SUV chariot to venture out to the jousting matches at the local mall, charging the entertainment on a 4 inch sliver of plastic.
Wednesday, February 24, 2010 21st CENTURY BREAKDOWN
Thus might the next Fourth Turning end in apocalypse --" or glory. The nation could be ruined, its democracy destroyed, and millions of people scattered or killed. Or America could enter a new golden age, triumphantly applying shared values to improve the human condition. The rhythms of history do not reveal the outcome of the coming Crisis; all they suggest is the timing and dimension.
Thursday, February 18, 2010 GENERATION ZERO (1 comments)
Review of a must see movie.
Friday, February 12, 2010 CHARLIE DON'T SURF (1 comments)
The current imperialistic ventures of the U.S. Empire are centered in the Middle East. The rationale for the current occupation of Iraq and Afghanistan, used to sell the American public, is the war on terror. We are making the Middle East safe for Democracy, just like Vietnam. The accurate nature of the conflict revolves around oil, the lifeblood of American suburban sprawl culture
Friday, January 29, 2010 JOBS OF THE FUTURE
Despite the Federal Reserve's extraordinary printing and the U.S. Government's extraordinary spending measures during the last twelve months, it looks like the only job categories with growth potential are printing press operator, ditch diggers, ditch fillers, whatever they call the guys handing out trillions in government largesse and people installing Stimulus signs at highway projects.
Thursday, January 21, 2010 FEEDS THE RICH, BURIES THE POOR (3 comments)
The result of these lies and secret plans withheld from the American public has been 5,400 dead American soldiers, 46,000 wounded soldiers, $1 trillion in costs to wage the wars, at least 150,000 civilian casualties, and oil prices that have quadrupled since 2001. The blood of all these innocent people is on the hands of those who lied, hid the truth, and committed genocide.
Thursday, December 31, 2009 ROAD TO PERDITION (4 comments)
Decade after decade, Americans have voted for intellectually and morally bankrupt dullards that promise them more goodies under the tree. Every day is Christmas in Washington DC. Long-term means the next election cycle to these traitors of the Republic. Our political system is so corrupt and dysfunctional that there is absolutely no chance that our path will be altered at the voting booth.
Saturday, December 12, 2009 BRAVE NEW WORLD - 2009
We are now at a crucial juncture as the worldwide financial crisis and the sham global warming crisis are being used by the New World Order crowd to confiscate more of our freedoms and liberties. They want to use the scientifically unproven environmental crisis as a way to impose worldwide taxes on sovereign nations and to compel the citizens of the world to honor their green agenda.
Thursday, November 12, 2009 FOR WHAT IT'S WORTH (1 comments)
Futurist Jim Quinn: "In 2025 America will be indistinguishable from the America of today. It could be better, worse or non-existent. This is why proclaiming the truth today about how the ruling elite have hijacked America is so important. When civil unrest overtakes the nation there will be many who urge the American people to rally around a dictator or stronger Central Government."
Friday, November 6, 2009 THE NANNY STATE (2 comments)
“Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery.”
Wednesday, October 21, 2009 AMERICAN PIE (1 comments)
Rise up and take the power back, it's time that
The fat cats had a heart attack, you know that
Their time is coming to an end
We have to unify and watch our flag ascend
Monday, October 12, 2009 RATS IN A CAGE (4 comments)
Households with income under $13,000 spend, on average, $645 a year on lottery tickets, about 9 percent of all their income. Our government feeds this addiction by siphoning off billions in taxes from these gambling revenues to redistribute as they see fit. Government sponsored gambling is a regressive tax on the poor and is immoral.
Tuesday, October 6, 2009 BET ON STUFF
The recent bout of low commodity prices and the continuing weakness of the financial system are setting the stage for another, even bigger commodity boom. For a short while, high commodity prices had been drawing capital into commodity production, but that stopped when prices fell.
Tuesday, September 29, 2009 Founding Fathers of our New Country (5 comments)
The ruling elite, backed by the powerful banking cartel, who control the political reins, the mainstream media, the military industrial complex, and the foreign policy of the United States, have trampled on the U.S. Constitution. They take every opportunity to denigrate its principles, call it an antiquated document meant for a simpler time, and scorn those who risked their lives to write this noble governing document.
Tuesday, September 15, 2009 WISH YOU WERE HERE
As I survey what passes for governance in this country today, I yearn for the days past when truth meant something. The supposedly “progressive” politicians who call themselves leaders of this country would not know truth if it dropped from heaven into their laps. The men and women who fought for and founded this Republic were driven by the aspiration for liberty, justice and truth.
Wednesday, August 26, 2009 THE FEDERAL RESERVE MUST DIE (10 comments)
The Federal Reserve in collaboration with the giant banks has created the greatest financial crisis the world has ever seen. The foolish notion that unlimited amounts of money and credit created out of thin air can provide sustainable economic growth has delivered this crisis to us.
Wednesday, August 19, 2009 AMERICAN IDIOTS (2 comments)
The American people's ignorance, stupidity, and disinterest in the governance of this nation have allowed an oligopoly of politicians, bankers, and powerful corporations to seize control of the country and loot its riches for their personal gain. By failing to educate themselves, millions of ignorant Americans have lost all of their power and are now dictated to by the few with knowledge.
Friday, July 31, 2009 Decline and Fall of the American Empire (3 comments)
After ruling much of the known world for centuries, Rome fell due to a number of factors that, historians believe, would not have been fatal in isolation, but that proved terminal in combination. Military overspending and overreach, an untenable economic system, and currency debasement all played a role.
Monday, July 27, 2009 ANIMAL FARM - 2009 (4 comments)
The American people are like sheep being led to slaughter. Our Founding Fathers declared that the common people were in control. Whenever any form of government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government. The time has come to abolish the corrupt system and institute a new Government.
Monday, July 13, 2009 BOOMERS - WINTER IS COMING (10 comments)
Thus might the next Fourth Turning end in apocalypse or glory. The nation could be ruined, its democracy destroyed, and millions of people scattered or killed. Or America could enter a new golden age, triumphantly applying shared values to improve the human condition. The rhythms of history do not reveal the outcome of the coming Crisis; all they suggest is the timing and dimension.
Sunday, June 28, 2009 YOU CAN'T BORROW YOURSELF OUT OF DEBT (14 comments)
Time is running out. The public relations campaign being conducted by the Obama administration, Federal Reserve and largest banks is beginning to fail. The lies, half-truths, and cover-up regarding the solvency of the largest banks in the U.S. will be revealed as reality interrupts their master plan. The politicians and government bureaucrats know that 80% of the population don't understand or care about economic issues.
Friday, June 12, 2009 ABBY NORMAL
The time has come to accept the bitter medicine of a lower standard of living for the foreseeable future. Saving, not spending, will save this country. Until most Americans realize the insidious web of debt that they have been trapped into by the poisonous banking cartel, they will never emancipate themselves from their state of slavery. Who is to blame for this catastrophic state of affairs? We the people are.
Thursday, June 4, 2009 An Economic Lesson from Butch Cassidy and the Sundance Kid (5 comments)
In this brilliant and entertaining essay futurist James Quinn traces the economic development of the US and China and predicts, "Sometime between 2030 and 2050, China will overtake the United States as the largest economy in the world. ... There will be no denying them the economic crown by the middle of this century. It is inevitable. ... and we will become the Great Britain of the 21st century." Unless ... (read on).
Saturday, May 30, 2009 AIN'T NO REST FOR THE WICKED (11 comments)
To put it in the most basic terms, what has happened in this country in the last decade is that evil wicked people have attained positions of power in government, banking, and industry and have committed sins against humanity for their own glory and enrichment. Those who should have stood up to these evil doers are just as guilty as the engineer driving the train to Auschwitz.
Saturday, May 16, 2009 Jesus of Suburbia (18 comments)
Beneath the finely groomed blissful suburban facade of America lurk desperation, denial, hypocrisy, and anger. The Ozzie & Harriet idealized version of suburbia from the 1950's has degenerated to the Green Day nightmare vision of today. The suburbs have mansion-like homes with spotless interiors, entertainment centers, three car garages, manicured lawns, and no soul.
Sunday, May 3, 2009 If You Believe - Banks Are Recovering (2 comments)
The government has something up its sleeve this time. The conspirators are Barack Obama, Timothy Geithner and the Treasury Department, Ben Bernanke and the Federal Reserve, Sheila Baer and the FDIC, and Barney Frank and the Democratic Congress. They have colluded to commit taxpayer funds to enrich bankers that brought down the financial system, without getting Congressional approval.
Thursday, April 30, 2009 Keep on Rockin' in the Free World
The false prosperity we have been experiencing for the last thirty years has come to an abrupt conclusion in the last 18 months. The amount of wealth destroyed is beyond comprehension. Household net worth has declined by $12 trillion in a matter of months. It will take years for average Americans to restore their wealth to 2007 levels.
Wednesday, April 22, 2009 Know Your Enemy (4 comments)
Based on historical patterns, America will hit a once-in-a-century national crisis within the decade...'like winter,' the crisis or 'fourth turning' cannot be averted. It will last 20 years or so and bring hardship and upheavals similar to previous fourth turnings, such as the American Revolution, the Civil War, the Great Depression and World War II.
Sunday, April 12, 2009 $200 OIL (2 comments)
When oil prices collapsed from $147 a barrel in the summer of 2008 to $35 a barrel in January, American drivers, Congress, government bureaucrats, and the mainstream media refocused on other more pressing issues like executive bonuses, Michele Obama's wardrobe, and the tax law knowledge of Obama's cabinet.
Thursday, April 2, 2009 WAR PIGS - COST OF A GLOBAL EMPIRE (3 comments)
Any doubt that the Military Industrial Complex is as strong as ever should be removed after examining Obama's 2010 budget just put forth. It calls for 26% more in spending on Defense than President Bush spent in 2006. The Soviet Union collapsed in 1989, leaving the United States as the only remaining superpower on earth. Since 1990, the United States has depleted the U.S. Treasury of $7 trillion for spending on Defense.
Friday, March 27, 2009 WHEN AMERICA RULED THE WORLD (3 comments)
America has squandered the human sacrifice, blood, sweat and tears of two generations in less than seventy years. We have been an independent country for 226 years. From 1783 until 1946 was an unrelenting upward trajectory for the beacon of the free world.
Thursday, March 12, 2009 GRAND ILLUSION - THE FEDERAL RESERVE (7 comments)
The whole world is in a state of complete confusion. Americans are coming to the realization that their lives have been a grand illusion. You thought your neighbors had it made. They were driving a Mercedes, spent $40,000 on a new kitchen with granite countertops and stainless steel appliances, sent their kids to private school, had a second home at the shore, and took exotic vacations all over the world.
Friday, March 6, 2009 STAIRWAY TO RETAIL HEAVEN (3 comments)
The things that will destroy America are prosperity-at-any-price, peace-at-any-price, safety-first instead of duty-first, the love of soft living, and the get rich quick theory of life.
Saturday, February 28, 2009 As Goes GM, So Goes the Nation
The decline of GM is a testament to how poor strategic decisions over the course of decades will ultimately lead to collapse. The United States has followed the GM model of failure for the last three decades. The U.S. has too much debt, too much bureaucracy, too many government supported industries, too many agencies, too many employees, and $53 trillion of unfunded future liabilities.
Thursday, February 19, 2009 The Burning Platform (1 comments)
The US government is on a "burning platform" of unsustainable policies and practices with fiscal deficits, chronic healthcare underfunding, immigration and overseas military commitments threatening a crisis if action is not taken soon.
Thursday, February 12, 2009 Boomers - Your Crisis Has Arrived (15 comments)
Their rendezvous with destiny is underway. Will it be a rendezvous with history that results in World War III, the collapse of the Great American Republic, dictatorship, or a return to the original Constitutional principles upon which this country was founded?
Saturday, January 31, 2009 TURNING JAPANESE - THE AUDACITY OF REALITY (2 comments)
Eventually, we will reach a tipping point where too much debt will result in a hyperinflationary crash. It may be in two years or ten years. I don't know. Ben Bernanke, Timothy Geithner, and Barack Obama also don't know. It will catch us all off-guard, just like the current crisis caught them off-guard. Turning Japanese would be a best case scenario for the U.S.
Sunday, January 25, 2009 ORWELL'S 2009 - NIGHTMARE IN AMERICA (2 comments)
Government has progressively acquired more power over the lives of Americans. They have done it subtly for decades but it has accelerated at warp speed in the last eight years. Since 9/11, Americans have seen their liberties taken away on a scale reminiscent of the McCarthy years during the 1950s.
Tuesday, January 20, 2009 GHOST MALLS - COMING TO YOUR TOWN (8 comments)
With shrinking cash flow, looming debt refinancing, and dim prospects for a resumption of conspicuous consumption, Mall developers are destined for a bleak future. Picture Clint Eastwood from his spaghetti western days riding a horse through the middle of your local mall with tumbleweeds blowing past the vacant KB Toys and Victoria's Secret.
Saturday, January 10, 2009 Unintended Consequences of $1 Trillion Stimulus (8 comments)
The average American needs to wake up from their materialistic stupor and understand the risks that lie ahead. An educated concerned citizen is our only defense against tyranny. Orwellian governmental policies will be inflicted upon the populous. Seek out those who are telling the truth.
Saturday, January 3, 2009 Government Statistics are a Fraud
The solution is for government to stop micromanaging the economy and let the market adjust, as painful as that will be for some. We should not force taxpayers, including renters and more frugal homeowners, to switch places with the speculators and take on those same risks that bankrupted them.
Sunday, December 28, 2008 Black Swan Nation - Compliments of Alan Greenspan (2 comments)
We are in the midst of an extreme Black Swan. No one saw it coming and no one knows what will happen next. When plans to save the financial world every other weekend are slapped together, the law of unintended consequences is likely to rear its ugly head. It is hard to step back and try to understand what is going on at this point in history. What I do know is that whatever is happening is not good.
Friday, December 26, 2008 What Happened to the American Dream (8 comments)
George Bush, Henry Paulson and Ben Bernanke have decided to seize money from the vast majority of Americans who lived within their means, utilized debt sparingly, and worked hard to get ahead, and give it to the most appalling failures in our society. They have shoveled billions to banks that operated their businesses like gambling parlors.
