“If you live in the United States of America, you live in a giant prison where liberty and freedom are slowly being strangled to death. In this country, the control freaks that run things are obsessed with watching, tracking, monitoring and recording virtually everything that we do. Nothing is private anymore. Everything that you do on the Internet is being monitored. All of your phone calls are being monitored. In fact, if law enforcement authorities suspect that you have done something wrong, they will use your cell phone microphone to listen to you even when you think your cell phone is turned off. In many areas of the country, when you get into your car automated license plate readers track you wherever you go, and in many major cities when you are walking on the streets a vast network of security cameras and “smart street lights” are constantly watching you and listening to whatever you say. The TSA is setting up “internal checkpoints” all over the nation, Homeland Security is encouraging all of us to report any “suspicious activity” that our neighbors are involved in and the federal government is rapidly developing “pre-crime” technology that will flag us as “potential terrorists” if we display any signs of nervousness. If you are flagged as a “potential terrorist”, the U.S. military can arrest you and detain you for the rest of your life without ever having to charge you with anything. Yes, the United States of America is rapidly being turned into a “Big Brother” prison grid, and most Americans are happily going along with it.”
“There are millions of Americans right now that are struggling to keep a roof over their heads. Inevitably, as things get worse, many more will join those who have already been forced to abandon their old lifestyles to live in short-term low cost motels, homeless shelters, tent cities or in their cars. To be sure, some of those living on the streets made mistakes and poor decisions that have brought them where they are today. Others, however, are the collateral damage from a government run amok and the decades long unfettered sociopathic thievery of law abiding hard working Americans.”
Via SHTF Plan
“International companies are preparing contingency plans for a possible break-up of the eurozone, according to interviews with dozens of multinational executives.
Concerned that Europe’s political leaders are failing to control the spreading sovereign debt crisis, business executives say they feel compelled to protect their companies against a crash that can no longer be wished away. When German chancellor Angela Merkel and French president Nicolas Sarkozy raised the prospect of a Greek exit from the eurozone earlier this month, it marked the first time that senior European officials had dared to question the permanence of their 13-year-old experiment with monetary union.”
Via Financial Times
“Will 2012 be the year that we see an economic collapse in Europe? Before you dismiss the title of this article as “alarmist”, read the facts listed in the rest of this article first. Over the past several months, there has been an astonishing loss of confidence in the European financial system. Right now, virtually nobody wants to loan money to financially troubled nations in the EU and virtually nobody wants to lend money to major European banks. Remember, one of the primary reasons for the financial crisis of 2008 was a major credit crunch that happened here in the United States. This burgeoning credit crunch in Europe is just one element of a “perfect storm” that is rapidly coming together as we get ready to go into 2012. The signs of trouble are everywhere. All over Europe, governments are implementing austerity measures and dramatically cutting back on spending. European banks are substantially cutting back on lending as they seek to meet new capital requirements that are being imposed upon them. Meanwhile, bond yields are going through the roof all over Europe as investors lose confidence and demand much higher returns for investing in European debt. It has become clear that without a miracle happening, quite a few European nations and a significant number of European banks are not going to be able to get the funding that they need from the market in 2012. The only thing that is going to avert a complete and total financial meltdown in Europe is dramatic action, but right now European leaders are so busy squabbling with each other that a bold plan seems out of the question.”
“Minnesota Public Radio reports, “A loophole in the federal health care overhaul would allow many employers to game the system by dumping their sicker employees [into] public health insurance exchanges, according to two University of Minnesota law professors.” Such “targeted dumping” of sicker employees would cause Obamacare’s taxpayer-subsidized exchanges to cost more — potentially far more — than the Congressional Budget Office (CBO) has projected. “
Via Weekly Standard
“After years of working diligently to raise the alarm on the precariousness of the global financial system, it has become clear to me that most people still do not grasp the reality of where our global financial system really stands. We are on the verge of a systemic financial implosion that could very nearly wipe out the currency holdings (bank accounts) of hundreds of millions of people, and with each passing day, that long-postponed day of financial reckoning inches ever closer.
“If the European summit could reach a deal on December 9, its next scheduled meeting, the eurozone will survive. If not, it risks a violent collapse,” writes Wolfgang Munchau of the Financial Times (www.ft.com/intl/cms/s/0/d9a299a8-17…). Two years ago, such language would have been spat upon as “doom and gloom fear mongering.” Today it is the mathematical reality across the European Union.”
Via Natural News
It’s Official: Obama Is Now The Worst American President As His Approval Rating Plunges Far Below Carter’s
“We doubt many will be surprised by the latest presidential polling update from Gallup, and certainly not the record nearly 50 million Americans on foodstamps, but here it is nonetheless, from US News: “President Obama’s slow ride down Gallup’s daily presidential job approval index has finally passed below Jimmy Carter, earning Obama the worst job approval rating of any president at this stage of his term in modern political history. Since March, Obama’s job approval rating has hovered above Carter’s, considered among the 20th century’s worst presidents, but today Obama’s punctured Carter’s dismal job approval line. On their comparison chart, Gallup put Obama’s job approval rating at 43 percent compared to Carter’s 51 percent.”
Via Zero Hedge
Treasury Secretary Henry Paulson Tipped Off Prominent Hedge Funds Regarding Fannie Mae While Telling the US Senate and General Public a Different Story
“Who Was at the Meeting?
Mindich, a former chief strategy officer of New York- based Goldman Sachs, started Eton Park in 2004
Daniel Stern of Reservoir Capital Group
Singh, a former head of Goldman’s proprietary-trading desk, also began his fund in 2004, in partnership with private- equity firm Texas Pacific Group Ltd.
Frank Brosens, founder and principal of Taconic Capital Advisors LP, who worked at Goldman as an arbitrageur and who was a protege of Robert Rubin, who went on to become Treasury secretary.
Non-Goldman Sachs alumni who attended included short seller James Chanos of Kynikos Associates Ltd., who helped uncover the Enron Corp. accounting fraud;
GSO Capital Partners LP co-founder Bennett Goodman, who sold his firm to Blackstone Group LP (BX) in early 2008;
Roger Altman, chairman and founder of New York investment bank Evercore Partners Inc. (EVR);
Steven Rattner, a co-founder of private-equity firm Quadrangle Group LLC, who went on to serve as head of the U.S. government’s Automotive Task Force.”
“The Senate has overwhelmingly voted down an amendment to the National Defense Authorization Act that would have provided oversight to check the military’s power to arrest U.S. citizens as suspected terrorists on American soil and detain them indefinitely without trial.”
““The Senate soundly defeated a move to strip out controversial language requiring mandatory detention of some terror suspects, voting it down 61 to 37 and escalating a fight with the Obama administration over the future course of the war on terror,” reports the National Journal.”
Via Info Wars
“This is likely the first time Ayers has been caught on tape discussing his connection to Obama. Their relationship has been routinely been downplayed by Ayers, Obama and his associates, since the national media took a glancing look into their ties during the 2008 presidential campaign.
Ayers’ impact on America cannot be underestimated. While many have exposed and condemned his leadership in the radical and violent Weather Underground – and the group’s efforts to terrorize the country in the 1960s and ’70s – he has done far more damage to our students’ minds.”
Via Big Government